Jiangsu Aoyang Technology Ltd (002172) - Net Assets

Latest as of September 2025: CN¥154.98 Million CNY ≈ $22.68 Million USD

Based on the latest financial reports, Jiangsu Aoyang Technology Ltd (002172) has net assets worth CN¥154.98 Million CNY (≈ $22.68 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¥1.93 Billion ≈ $282.25 Million USD) and total liabilities (CN¥1.77 Billion ≈ $259.57 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. Check 002172 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Jiangsu Aoyang Technology Ltd balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Jiangsu Aoyang Technology Ltd (002172) total market value.

Year Net Assets Change
2024-12-31 CN¥115.23 Million
≈ $16.86 Million		 +54.04%
2023-12-31 CN¥74.81 Million
≈ $10.95 Million		 +178.16%
2022-12-31 CN¥26.89 Million
≈ $3.94 Million		 -47.10%
2021-12-31 CN¥50.84 Million
≈ $7.44 Million		 -94.75%
2020-12-31 CN¥968.30 Million
≈ $141.69 Million		 -32.85%
2019-12-31 CN¥1.44 Billion
≈ $211.00 Million		 -28.72%
2018-12-31 CN¥2.02 Billion
≈ $296.01 Million		 +19.55%
2017-12-31 CN¥1.69 Billion
≈ $247.61 Million		 +26.57%
2016-12-31 CN¥1.34 Billion
≈ $195.63 Million		 +13.27%
2015-12-31 CN¥1.18 Billion
≈ $172.71 Million		 +73.79%
2014-12-31 CN¥679.14 Million
≈ $99.38 Million		 -18.65%
2013-12-31 CN¥834.88 Million
≈ $122.17 Million		 +6.29%
2012-12-31 CN¥785.49 Million
≈ $114.94 Million		 +7.16%
2011-12-31 CN¥732.97 Million
≈ $107.26 Million		 -57.87%
2010-12-31 CN¥1.74 Billion
≈ $254.59 Million		 +28.18%
2009-12-31 CN¥1.36 Billion
≈ $198.62 Million		 +19.83%
2008-12-31 CN¥1.13 Billion
≈ $165.75 Million		 -25.53%
2007-12-31 CN¥1.52 Billion
≈ $222.57 Million		 +234.04%
2006-12-31 CN¥455.33 Million
≈ $66.63 Million		 +48.95%
2005-12-31 CN¥305.69 Million
≈ $44.73 Million		 +46.10%
2004-12-31 CN¥209.23 Million
≈ $30.62 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
Groupe Guillin SA
PA:ALGIL
 $427.06 Million
Donga Socio Holdings
KO:000640
 $427.15 Million
Man Industries (India) Limited
NSE:MANINDS
 $427.22 Million
Curro Hol
JSE:COH
 $427.54 Million
Masoval AS
OL:MAS
 $426.71 Million
UNID Company Ltd
KO:014830
 $426.52 Million
Fibra Shop
MX:FSHOP13
 $426.26 Million
Chengdu Dahongli Machinery Co Ltd
SHE:300865
 $426.19 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: 21.69x
  • 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 5.41x to 21.69x 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¥3.81 x
2005-12-31 CN¥1.00 CN¥3.81 x
2006-12-31 CN¥0.71 CN¥3.81 x
2007-12-31 CN¥3.36 CN¥3.81 x
2008-12-31 CN¥1.52 CN¥3.81 x
2009-12-31 CN¥2.73 CN¥3.81 x
2010-12-31 CN¥2.52 CN¥3.81 x
2011-12-31 CN¥0.98 CN¥3.81 x
2012-12-31 CN¥0.99 CN¥3.81 x
2013-12-31 CN¥1.22 CN¥3.81 x
2014-12-31 CN¥0.79 CN¥3.81 x
2015-12-31 CN¥1.50 CN¥3.81 x
2016-12-31 CN¥1.70 CN¥3.81 x
2017-12-31 CN¥2.05 CN¥3.81 x
2018-12-31 CN¥1.80 CN¥3.81 x
2019-12-31 CN¥1.84 CN¥3.81 x
2020-12-31 CN¥1.24 CN¥3.81 x
2021-12-31 CN¥0.08 CN¥3.81 x
2022-12-31 CN¥0.06 CN¥3.81 x
2023-12-31 CN¥0.11 CN¥3.81 x
2024-12-31 CN¥0.18 CN¥3.81 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: $1,178,306,039
  • Average return on equity (ROE) among peers: 10.00%

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 $426.91 Million
North Huajin Chemical Industries Co Ltd (000059) $1.81 Billion 5.56% 1.48x $1.33 Billion
Sichuan Chemical Co Ltd (000155) $505.75 Million 22.40% 1.18x $4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $2.48 Billion 3.69% 0.56x $12.84 Billion
Zangge Holding Co Ltd (000408) $54.34 Million 16.98% 1.99x $20.51 Billion
Sichuan Jinlu Group Co Ltd (000510) $610.23 Million -19.65% 0.75x $1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $2.00 Billion 8.28% 0.37x $436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $176.24 Million 15.53% 0.23x $871.02 Million
Ningxia Younglight Chemicals Co Ltd (000635) $768.33 Million 5.42% 4.18x $470.62 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $423.45 Million 10.96% 0.24x $366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $2.95 Billion 30.81% 1.19x $4.87 Billion

About Jiangsu Aoyang Technology Ltd

SHE:002172 China Chemicals
Market Cap
$426.91 Million
CN¥2.92 Billion CNY
Market Cap Rank
#13366 Global
#4212 in China
Share Price
CN¥3.81
Change (1 day)
-0.52%
52-Week Range
CN¥3.57 - CN¥5.09
All Time High
CN¥16.93
Categories
Companies in China Chemicals
About

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