Jiangsu Alcha Aluminium Co Ltd (002160) - Net Assets
Based on the latest financial reports, Jiangsu Alcha Aluminium Co Ltd (002160) has net assets worth CN¥3.75 Billion CNY (≈ $548.86 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.74 Billion ≈ $1.28 Billion USD) and total liabilities (CN¥4.99 Billion ≈ $729.73 Million USD). 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. Also explore 002160 total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.75 Billion |
| % of Total Assets | 42.93% |
| Annual Growth Rate | 17.05% |
| 5-Year Change | 21.3% |
| 10-Year Change | 57.05% |
| Growth Volatility | 43.11 |
Jiangsu Alcha Aluminium Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Jiangsu Alcha Aluminium Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Jiangsu Alcha Aluminium Co Ltd (002160) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jiangsu Alcha Aluminium Co Ltd (2004–2024)
The table below shows the annual net assets of Jiangsu Alcha Aluminium Co Ltd from 2004 to 2024. For live valuation and market cap data, see how much is Jiangsu Alcha Aluminium Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.70 Billion ≈ $542.15 Million |
+2.19% |
| 2023-12-31 | CN¥3.63 Billion ≈ $530.55 Million |
+1.01% |
| 2022-12-31 | CN¥3.59 Billion ≈ $525.22 Million |
+13.91% |
| 2021-12-31 | CN¥3.15 Billion ≈ $461.07 Million |
+3.16% |
| 2020-12-31 | CN¥3.05 Billion ≈ $446.93 Million |
+0.92% |
| 2019-12-31 | CN¥3.03 Billion ≈ $442.87 Million |
+4.23% |
| 2018-12-31 | CN¥2.90 Billion ≈ $424.91 Million |
-11.53% |
| 2017-12-31 | CN¥3.28 Billion ≈ $480.31 Million |
+3.05% |
| 2016-12-31 | CN¥3.19 Billion ≈ $466.11 Million |
+35.02% |
| 2015-12-31 | CN¥2.36 Billion ≈ $345.21 Million |
+161.59% |
| 2014-12-31 | CN¥901.83 Million ≈ $131.97 Million |
+70.86% |
| 2013-12-31 | CN¥527.82 Million ≈ $77.24 Million |
-10.07% |
| 2012-12-31 | CN¥586.95 Million ≈ $85.89 Million |
-10.81% |
| 2011-12-31 | CN¥658.07 Million ≈ $96.30 Million |
-0.41% |
| 2010-12-31 | CN¥660.81 Million ≈ $96.70 Million |
+6.03% |
| 2009-12-31 | CN¥623.23 Million ≈ $91.20 Million |
+2.56% |
| 2008-12-31 | CN¥607.69 Million ≈ $88.92 Million |
-4.44% |
| 2007-12-31 | CN¥635.90 Million ≈ $93.05 Million |
+94.32% |
| 2006-12-31 | CN¥327.24 Million ≈ $47.89 Million |
+71.59% |
| 2005-12-31 | CN¥190.72 Million ≈ $27.91 Million |
+19.90% |
| 2004-12-31 | CN¥159.06 Million ≈ $23.28 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Alcha Aluminium 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 776.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.03 Billion | 28.05% |
| Other Comprehensive Income | CN¥68.86 Million | 1.87% |
| Other Components | CN¥2.90 Billion | 78.85% |
| Total Equity | CN¥3.68 Billion | 100.00% |
Jiangsu Alcha Aluminium Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Alcha Aluminium Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuanli Chemical Group Co Ltd
SHG:603217
|
$538.05 Million |
|
Chularat Hospital Public Company Limited
BK:CHG
|
$538.29 Million |
|
Heilongjiang Transport Development Co Ltd
SHG:601188
|
$538.71 Million |
|
Mesa Laboratories Inc
NASDAQ:MLAB
|
$538.72 Million |
|
Suzhou Xingye Material Tech
SHG:603928
|
$537.94 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
$537.84 Million |
|
Ennis Inc
NYSE:EBF
|
$537.47 Million |
|
Shuifa Energas Gas Co Ltd
SHG:603318
|
$537.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Alcha Aluminium Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,615,982,778 to 3,682,098,418, a change of 66,115,640 (1.8%).
- Net income of 64,982,367 contributed positively to equity growth.
- Dividend payments of 81,469,099 reduced retained earnings.
- Other comprehensive income decreased equity by 11,007,051.
- Other factors increased equity by 93,609,423.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥64.98 Million | +1.76% |
| Dividends Paid | CN¥81.47 Million | -2.21% |
| Other Comprehensive Income | CN¥-11.01 Million | -0.3% |
| Other Changes | CN¥93.61 Million | +2.54% |
| Total Change | CN¥- | 1.83% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Alcha Aluminium 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: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.57x to 1.00x 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¥0.78 | CN¥3.56 | x |
| 2005-12-31 | CN¥0.93 | CN¥3.56 | x |
| 2006-12-31 | CN¥1.61 | CN¥3.56 | x |
| 2007-12-31 | CN¥2.21 | CN¥3.56 | x |
| 2008-12-31 | CN¥1.77 | CN¥3.56 | x |
| 2009-12-31 | CN¥1.83 | CN¥3.56 | x |
| 2010-12-31 | CN¥1.95 | CN¥3.56 | x |
| 2011-12-31 | CN¥1.98 | CN¥3.56 | x |
| 2012-12-31 | CN¥1.73 | CN¥3.56 | x |
| 2013-12-31 | CN¥1.55 | CN¥3.56 | x |
| 2014-12-31 | CN¥2.53 | CN¥3.56 | x |
| 2015-12-31 | CN¥3.98 | CN¥3.56 | x |
| 2016-12-31 | CN¥4.60 | CN¥3.56 | x |
| 2017-12-31 | CN¥4.54 | CN¥3.56 | x |
| 2018-12-31 | CN¥3.98 | CN¥3.56 | x |
| 2019-12-31 | CN¥3.80 | CN¥3.56 | x |
| 2020-12-31 | CN¥3.84 | CN¥3.56 | x |
| 2021-12-31 | CN¥3.96 | CN¥3.56 | x |
| 2022-12-31 | CN¥3.47 | CN¥3.56 | x |
| 2023-12-31 | CN¥3.49 | CN¥3.56 | x |
| 2024-12-31 | CN¥3.57 | CN¥3.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Alcha Aluminium 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): 1.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.83%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.32x
- Recent ROE (1.76%) is below the historical average (2.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 28.06% | 4.87% | 1.32x | 4.37x | CN¥28.73 Million |
| 2005 | 19.28% | 3.54% | 1.47x | 3.70x | CN¥17.70 Million |
| 2006 | 12.11% | 2.83% | 1.58x | 2.71x | CN¥6.90 Million |
| 2007 | 6.31% | 2.33% | 1.35x | 2.01x | CN¥-23.49 Million |
| 2008 | 0.96% | 0.41% | 0.97x | 2.42x | CN¥-54.95 Million |
| 2009 | 0.85% | 0.43% | 0.85x | 2.32x | CN¥-57.04 Million |
| 2010 | 6.78% | 2.30% | 1.28x | 2.30x | CN¥-21.26 Million |
| 2011 | 0.91% | 0.29% | 1.16x | 2.69x | CN¥-59.84 Million |
| 2012 | -11.80% | -3.62% | 0.93x | 3.50x | CN¥-127.95 Million |
| 2013 | -11.22% | -3.22% | 0.82x | 4.26x | CN¥-111.99 Million |
| 2014 | 2.37% | 0.99% | 0.76x | 3.16x | CN¥-68.79 Million |
| 2015 | 5.02% | 4.67% | 0.54x | 2.00x | CN¥-117.49 Million |
| 2016 | 4.92% | 4.77% | 0.58x | 1.79x | CN¥-161.89 Million |
| 2017 | 5.20% | 4.20% | 0.62x | 1.99x | CN¥-157.67 Million |
| 2018 | -14.81% | -10.40% | 0.65x | 2.20x | CN¥-720.86 Million |
| 2019 | 0.73% | 0.51% | 0.72x | 1.98x | CN¥-280.64 Million |
| 2020 | 0.73% | 0.51% | 0.67x | 2.13x | CN¥-283.23 Million |
| 2021 | 3.30% | 1.67% | 0.88x | 2.25x | CN¥-210.98 Million |
| 2022 | -10.37% | -5.48% | 0.81x | 2.34x | CN¥-730.14 Million |
| 2023 | 0.42% | 0.22% | 0.87x | 2.18x | CN¥-346.49 Million |
| 2024 | 1.76% | 0.83% | 0.92x | 2.32x | CN¥-303.23 Million |
Industry Comparison
This section compares Jiangsu Alcha Aluminium Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $6,474,243,356
- Average return on equity (ROE) among peers: 15.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Alcha Aluminium Co Ltd (002160) | CN¥3.75 Billion | 28.06% | 1.33x | $538.02 Million |
| Jiaozuo Wanfang Aluminum (000612) | $172.67 Million | 27.40% | 1.72x | $1.87 Billion |
| Yunnan Aluminium Co Ltd (000807) | $25.28 Billion | 18.07% | 0.55x | $12.78 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $1.56 Billion | 30.38% | 1.08x | $8.05 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $82.60 Million | 22.27% | 1.84x | $843.83 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $3.99 Billion | 12.37% | 0.86x | $1.65 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $1.48 Billion | -2.64% | 0.10x | $465.17 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.39 Billion | 1.65% | 0.87x | $34.40 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $1.42 Billion | 14.19% | 1.53x | $638.96 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $22.91 Billion | 11.57% | 1.50x | $8.27 Billion |
About Jiangsu Alcha Aluminium Co Ltd
Jiangsu Alcha Aluminium Group Co., Ltd. provides industrial heat transfer materials, heat transfer equipment, and comprehensive solutions in China and internationally. It offers automotive/industrial heat treatment and heat transfer system solutions, such as cooling systems, thermal and sound insulation materials, car air conditioning systems, battery cooling systems, and automobile power battery… Read more