Jiangxi Zhengbang Technology Co Ltd
Jiangxi Zhengbang Technology Co.Ltd. operates in the feed and poultry industry in China. The company operates through three segments: Feed, Pig Breeding, and Veterinary Medicine. The company offers pig, poultry, aquatic, and ruminant feed, as well as concentrated feed products; fattened pigs and piglets for slaughter and deep processing; and develops, produces, and sells veterinary drugs, mixed f… Read more
Jiangxi Zhengbang Technology Co Ltd (002157) - Net Assets
Latest net assets as of September 2025: CN¥10.40 Billion CNY
Based on the latest financial reports, Jiangxi Zhengbang Technology Co Ltd (002157) has net assets worth CN¥10.40 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥19.81 Billion) and total liabilities (CN¥9.41 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.40 Billion |
| % of Total Assets | 52.5% |
| Annual Growth Rate | 26.21% |
| 5-Year Change | -58.54% |
| 10-Year Change | 186.66% |
| Growth Volatility | 116.15 |
Jiangxi Zhengbang Technology Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Jiangxi Zhengbang Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangxi Zhengbang Technology Co Ltd (2004–2024)
The table below shows the annual net assets of Jiangxi Zhengbang Technology Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.18 Billion | +26.43% |
| 2023-12-31 | CN¥8.05 Billion | +170.91% |
| 2022-12-31 | CN¥-11.36 Billion | -429.59% |
| 2021-12-31 | CN¥3.45 Billion | -85.97% |
| 2020-12-31 | CN¥24.56 Billion | +146.21% |
| 2019-12-31 | CN¥9.97 Billion | +46.27% |
| 2018-12-31 | CN¥6.82 Billion | +1.76% |
| 2017-12-31 | CN¥6.70 Billion | +7.76% |
| 2016-12-31 | CN¥6.22 Billion | +75.10% |
| 2015-12-31 | CN¥3.55 Billion | +46.68% |
| 2014-12-31 | CN¥2.42 Billion | +61.72% |
| 2013-12-31 | CN¥1.50 Billion | +10.30% |
| 2012-12-31 | CN¥1.36 Billion | +3.37% |
| 2011-12-31 | CN¥1.31 Billion | +7.78% |
| 2010-12-31 | CN¥1.22 Billion | +87.23% |
| 2009-12-31 | CN¥650.75 Million | +45.89% |
| 2008-12-31 | CN¥446.05 Million | +13.23% |
| 2007-12-31 | CN¥393.94 Million | +140.20% |
| 2006-12-31 | CN¥164.01 Million | +14.68% |
| 2005-12-31 | CN¥143.02 Million | +47.76% |
| 2004-12-31 | CN¥96.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Zhengbang Technology Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 98742.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥9.25 Billion | 81.00% |
| Other Components | CN¥19.31 Billion | 169.05% |
| Total Equity | CN¥11.42 Billion | 100.00% |
Jiangxi Zhengbang Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangxi Zhengbang Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Monday.Com Ltd
NASDAQ:MNDY
|
$3.16 Billion |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
|
$3.16 Billion |
|
Covivio
PINK:GSEFF
|
$3.16 Billion |
|
INDEPENDENCE RLTY TR.
F:5O2
|
$3.16 Billion |
|
China Longyuan Power Group Corporation Limited
F:6WX
|
$3.16 Billion |
|
Zhaojin Mining Industry Company Limited
PINK:ZHAOF
|
$3.15 Billion |
|
First Bancorp
NYSE:FBP
|
$3.15 Billion |
|
Gulfport Energy Operating Corp
NYSE:GPOR
|
$3.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Zhengbang Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,997,994,841 to 11,420,237,260, a change of 1,422,242,419 (14.2%).
- Net income of 216,402,087 contributed positively to equity growth.
- Dividend payments of 1,120,194 reduced retained earnings.
- Other comprehensive income increased equity by 127,841,554.
- Other factors increased equity by 1,079,118,972.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥216.40 Million | +1.89% |
| Dividends Paid | CN¥1.12 Million | -0.01% |
| Other Comprehensive Income | CN¥127.84 Million | +1.12% |
| Other Changes | CN¥1.08 Billion | +9.45% |
| Total Change | CN¥- | 14.23% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Zhengbang Technology Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 35.62x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.10 | CN¥3.39 | x |
| 2005-12-31 | CN¥0.12 | CN¥3.39 | x |
| 2006-12-31 | CN¥0.15 | CN¥3.39 | x |
| 2007-12-31 | CN¥0.39 | CN¥3.39 | x |
| 2008-12-31 | CN¥0.36 | CN¥3.39 | x |
| 2009-12-31 | CN¥0.39 | CN¥3.39 | x |
| 2010-12-31 | CN¥0.74 | CN¥3.39 | x |
| 2011-12-31 | CN¥0.79 | CN¥3.39 | x |
| 2012-12-31 | CN¥0.81 | CN¥3.39 | x |
| 2013-12-31 | CN¥0.76 | CN¥3.39 | x |
| 2014-12-31 | CN¥1.33 | CN¥3.39 | x |
| 2015-12-31 | CN¥1.61 | CN¥3.39 | x |
| 2016-12-31 | CN¥2.89 | CN¥3.39 | x |
| 2017-12-31 | CN¥2.76 | CN¥3.39 | x |
| 2018-12-31 | CN¥2.68 | CN¥3.39 | x |
| 2019-12-31 | CN¥3.94 | CN¥3.39 | x |
| 2020-12-31 | CN¥9.08 | CN¥3.39 | x |
| 2021-12-31 | CN¥0.63 | CN¥3.39 | x |
| 2022-12-31 | CN¥-2.74 | CN¥3.39 | x |
| 2023-12-31 | CN¥3.01 | CN¥3.39 | x |
| 2024-12-31 | CN¥1.23 | CN¥3.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Zhengbang Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.44%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.66x
- Recent ROE (1.89%) is above the historical average (-29.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 25.54% | 2.96% | 2.54x | 3.41x | CN¥11.93 Million |
| 2005 | 21.51% | 1.99% | 2.87x | 3.77x | CN¥11.34 Million |
| 2006 | 23.60% | 2.60% | 2.53x | 3.59x | CN¥16.75 Million |
| 2007 | 9.09% | 1.94% | 2.05x | 2.29x | CN¥-3.15 Million |
| 2008 | 8.72% | 1.23% | 2.91x | 2.44x | CN¥-4.86 Million |
| 2009 | 12.78% | 1.21% | 2.45x | 4.33x | CN¥11.68 Million |
| 2010 | 6.31% | 0.78% | 2.63x | 3.07x | CN¥-33.88 Million |
| 2011 | 11.49% | 1.10% | 3.38x | 3.09x | CN¥15.45 Million |
| 2012 | 7.82% | 0.59% | 3.05x | 4.35x | CN¥-22.41 Million |
| 2013 | -3.08% | -0.19% | 2.60x | 6.15x | CN¥-127.25 Million |
| 2014 | 4.02% | 0.48% | 2.32x | 3.64x | CN¥-120.27 Million |
| 2015 | 9.95% | 1.90% | 1.68x | 3.12x | CN¥-1.69 Million |
| 2016 | 18.01% | 5.53% | 1.54x | 2.11x | CN¥465.05 Million |
| 2017 | 8.32% | 2.55% | 1.24x | 2.63x | CN¥-105.83 Million |
| 2018 | 2.99% | 0.87% | 1.04x | 3.29x | CN¥-454.43 Million |
| 2019 | 17.53% | 6.72% | 0.80x | 3.28x | CN¥707.73 Million |
| 2020 | 24.70% | 11.68% | 0.83x | 2.55x | CN¥3.42 Billion |
| 2021 | -923.28% | -39.48% | 1.02x | 22.85x | CN¥-19.02 Billion |
| 2022 | 0.00% | -92.86% | 0.61x | 0.00x | CN¥-12.51 Billion |
| 2023 | 85.30% | 121.98% | 0.40x | 1.75x | CN¥7.53 Billion |
| 2024 | 1.89% | 2.44% | 0.47x | 1.66x | CN¥-925.62 Million |
Industry Comparison
This section compares Jiangxi Zhengbang Technology Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,806,866,796
- Average return on equity (ROE) among peers: 16.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Zhengbang Technology Co Ltd (002157) | CN¥10.40 Billion | 25.54% | 0.90x | $3.16 Billion |
| ShenZhen Kondarl Group Co Ltd (000048) | $604.67 Million | 18.82% | 2.28x | $705.02 Million |
| Guangdong Guanghong Holdings Co Ltd (000529) | $950.88 Million | 15.12% | 0.66x | $215.49 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $65.16 Million | 42.99% | 0.54x | $192.35 Million |
| Hefei Fengle Seed Co Ltd (000713) | $426.90 Million | 12.00% | 0.60x | $473.49 Million |
| Luoniushan Co Ltd (000735) | $1.34 Billion | 0.87% | 0.48x | $939.65 Million |
| New Hope Liuhe Co Ltd (000876) | $129.61 Million | 40.52% | 0.23x | $3.83 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $10.13 Billion | 1.98% | 1.74x | $1.99 Billion |
| Dongrui Food Group Co Ltd (001201) | $3.39 Billion | -1.93% | 0.79x | $265.04 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $585.62 Million | 19.17% | 0.10x | $167.99 Million |
| Boen Group Co. Ltd. Cl A (001366) | $443.86 Million | 20.27% | 0.27x | $91.44 Million |