Jiangsu Aoyang Technology Ltd
Jiangsu Aoyang Health Industry Co.ltd. engages in the production and sale of viscose chemical fibers in China and internationally. It engages in the investment and development in the health industry; manufacture and sale of viscose fiber and viscose fiber products, degradable fibers, and functional fibers; sale of textile raw materials, textiles, and chemical products; steam heat supply; power pr… Read more
Jiangsu Aoyang Technology Ltd (002172) - Net Assets
Latest net assets as of September 2025: CN¥154.98 Million CNY
Based on the latest financial reports, Jiangsu Aoyang Technology Ltd (002172) has net assets worth CN¥154.98 Million 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¥1.93 Billion) and total liabilities (CN¥1.77 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¥154.98 Million |
| % of Total Assets | 8.03% |
| Annual Growth Rate | -2.94% |
| 5-Year Change | -88.1% |
| 10-Year Change | -90.24% |
| Growth Volatility | 73.91 |
Jiangsu Aoyang Technology Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Jiangsu Aoyang Technology 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 Jiangsu Aoyang Technology Ltd (2004–2024)
The table below shows the annual net assets of Jiangsu Aoyang Technology Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥115.23 Million | +54.04% |
| 2023-12-31 | CN¥74.81 Million | +178.16% |
| 2022-12-31 | CN¥26.89 Million | -47.10% |
| 2021-12-31 | CN¥50.84 Million | -94.75% |
| 2020-12-31 | CN¥968.30 Million | -32.85% |
| 2019-12-31 | CN¥1.44 Billion | -28.72% |
| 2018-12-31 | CN¥2.02 Billion | +19.55% |
| 2017-12-31 | CN¥1.69 Billion | +26.57% |
| 2016-12-31 | CN¥1.34 Billion | +13.27% |
| 2015-12-31 | CN¥1.18 Billion | +73.79% |
| 2014-12-31 | CN¥679.14 Million | -18.65% |
| 2013-12-31 | CN¥834.88 Million | +6.29% |
| 2012-12-31 | CN¥785.49 Million | +7.16% |
| 2011-12-31 | CN¥732.97 Million | -57.87% |
| 2010-12-31 | CN¥1.74 Billion | +28.18% |
| 2009-12-31 | CN¥1.36 Billion | +19.83% |
| 2008-12-31 | CN¥1.13 Billion | -25.53% |
| 2007-12-31 | CN¥1.52 Billion | +234.04% |
| 2006-12-31 | CN¥455.33 Million | +48.95% |
| 2005-12-31 | CN¥305.69 Million | +46.10% |
| 2004-12-31 | CN¥209.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Aoyang Technology 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 4240.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥765.73 Million | 569.22% |
| Other Comprehensive Income | CN¥153.59 Million | 114.18% |
| Other Components | CN¥1.15 Billion | 853.18% |
| Total Equity | CN¥134.52 Million | 100.00% |
Jiangsu Aoyang Technology Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Aoyang Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
$373.68 Million |
|
Dayamitra Telekomunikasi PT
JK:MTEL
|
$373.89 Million |
|
Ton Yi Industrial Corp
TW:9907
|
$373.90 Million |
|
Archean Chemical Industries Limited
NSE:ACI
|
$374.06 Million |
|
Century Wind Power Co. Ltd.
TWO:2072
|
$373.35 Million |
|
Guangdong Great River Smarter Logistics Co Ltd Class A
SHE:002930
|
$373.29 Million |
|
Jiangxi Xinyu Guoke Technology Co Ltd Class A
SHE:300722
|
$373.24 Million |
|
Renew Energy Global PLC
NASDAQ:RNW
|
$373.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Aoyang Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 93,877,216 to 134,522,425, a change of 40,645,209 (43.3%).
- Net income of 40,561,915 contributed positively to equity growth.
- Dividend payments of 32,654,127 reduced retained earnings.
- Other comprehensive income increased equity by 83,294.
- Other factors increased equity by 32,654,127.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.56 Million | +30.15% |
| Dividends Paid | CN¥32.65 Million | -24.27% |
| Other Comprehensive Income | CN¥83.29K | +0.06% |
| Other Changes | CN¥32.65 Million | +24.27% |
| Total Change | CN¥- | 43.30% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Aoyang Technology 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: 23.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.94x to 23.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.70 | CN¥4.18 | x |
| 2005-12-31 | CN¥1.00 | CN¥4.18 | x |
| 2006-12-31 | CN¥0.71 | CN¥4.18 | x |
| 2007-12-31 | CN¥3.36 | CN¥4.18 | x |
| 2008-12-31 | CN¥1.52 | CN¥4.18 | x |
| 2009-12-31 | CN¥2.73 | CN¥4.18 | x |
| 2010-12-31 | CN¥2.52 | CN¥4.18 | x |
| 2011-12-31 | CN¥0.98 | CN¥4.18 | x |
| 2012-12-31 | CN¥0.99 | CN¥4.18 | x |
| 2013-12-31 | CN¥1.22 | CN¥4.18 | x |
| 2014-12-31 | CN¥0.79 | CN¥4.18 | x |
| 2015-12-31 | CN¥1.50 | CN¥4.18 | x |
| 2016-12-31 | CN¥1.70 | CN¥4.18 | x |
| 2017-12-31 | CN¥2.05 | CN¥4.18 | x |
| 2018-12-31 | CN¥1.80 | CN¥4.18 | x |
| 2019-12-31 | CN¥1.84 | CN¥4.18 | x |
| 2020-12-31 | CN¥1.24 | CN¥4.18 | x |
| 2021-12-31 | CN¥0.08 | CN¥4.18 | x |
| 2022-12-31 | CN¥0.06 | CN¥4.18 | x |
| 2023-12-31 | CN¥0.11 | CN¥4.18 | x |
| 2024-12-31 | CN¥0.18 | CN¥4.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Aoyang Technology 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): 30.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.02%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 15.25x
- Recent ROE (30.15%) is above the historical average (-81.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 43.08% | 7.52% | 1.25x | 4.59x | CN¥45.58 Million |
| 2005 | 29.63% | 5.89% | 1.11x | 4.53x | CN¥38.43 Million |
| 2006 | 31.09% | 6.53% | 1.04x | 4.58x | CN¥58.49 Million |
| 2007 | 19.74% | 10.39% | 0.85x | 2.24x | CN¥107.04 Million |
| 2008 | -35.12% | -17.06% | 0.68x | 3.05x | CN¥-358.26 Million |
| 2009 | 16.87% | 6.88% | 0.80x | 3.08x | CN¥65.59 Million |
| 2010 | 7.53% | 2.64% | 0.93x | 3.06x | CN¥-32.89 Million |
| 2011 | -127.99% | -18.20% | 1.06x | 6.66x | CN¥-750.15 Million |
| 2012 | 6.04% | 1.00% | 1.20x | 5.00x | CN¥-23.33 Million |
| 2013 | 3.28% | 0.64% | 1.15x | 4.48x | CN¥-42.85 Million |
| 2014 | -20.15% | -3.56% | 1.23x | 4.62x | CN¥-156.02 Million |
| 2015 | 13.33% | 3.57% | 1.04x | 3.61x | CN¥33.96 Million |
| 2016 | 21.78% | 5.32% | 1.18x | 3.46x | CN¥140.20 Million |
| 2017 | 10.33% | 2.88% | 0.98x | 3.67x | CN¥4.88 Million |
| 2018 | 0.55% | 0.22% | 0.72x | 3.49x | CN¥-176.50 Million |
| 2019 | -40.33% | -19.09% | 0.47x | 4.50x | CN¥-710.35 Million |
| 2020 | -49.48% | -15.28% | 0.48x | 6.75x | CN¥-566.46 Million |
| 2021 | -1689.79% | -35.23% | 0.79x | 60.54x | CN¥-1.07 Billion |
| 2022 | -35.60% | -0.78% | 0.75x | 61.18x | CN¥-20.18 Million |
| 2023 | 52.92% | 2.29% | 0.97x | 23.88x | CN¥40.29 Million |
| 2024 | 30.15% | 2.02% | 0.98x | 15.25x | CN¥27.11 Million |
Industry Comparison
This section compares Jiangsu Aoyang Technology Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Aoyang Technology Ltd (002172) | CN¥154.98 Million | 43.08% | 11.45x | $373.55 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |