Jiangsu Aoyang Technology Ltd (002172) - Net Assets
Based on the latest financial reports, Jiangsu Aoyang Technology Ltd (002172) has net assets worth CN¥181.49 Million CNY (≈ $26.56 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.79 Billion ≈ $261.51 Million USD) and total liabilities (CN¥1.61 Billion ≈ $234.96 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 strategic asset allocation of Jiangsu Aoyang Technology Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥181.49 Million |
| % of Total Assets | 10.16% |
| Annual Growth Rate | -1.35% |
| 5-Year Change | 209.48% |
| 10-Year Change | -88.23% |
| Growth Volatility | 72.19 |
Jiangsu Aoyang Technology Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Jiangsu Aoyang Technology Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Jiangsu Aoyang Technology Ltd (002172) total market value.
Annual Net Assets for Jiangsu Aoyang Technology Ltd (2004–2025)
The table below shows the annual net assets of Jiangsu Aoyang Technology Ltd from 2004 to 2025. Also explore 002172 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥157.34 Million ≈ $23.02 Million |
+36.54% |
| 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 |
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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 4152.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.07 Billion | 1174.99% |
| Total Equity | CN¥175.93 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 |
|---|---|
|
Nilfisk Holding A/S
CO:NLFSK
|
$591.63 Million |
|
Tianjin Jiuri New Materials Co Ltd
SHG:688199
|
$591.70 Million |
|
Vaalco Energy Inc
NYSE:EGY
|
$591.78 Million |
|
SK Chemicals Co Ltd
KO:285130
|
$591.79 Million |
|
PSK HOLDINGS Inc
KQ:031980
|
$591.60 Million |
|
E&R Engineering
TWO:8027
|
$591.47 Million |
|
FBD Holdings PLC
IR:EG7
|
$591.45 Million |
|
Spritzer Bhd
KLSE:7103
|
$591.39 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 2024 to 2025, total equity changed from 134,522,425 to 175,930,797, a change of 41,408,372 (30.8%).
- Net income of 41,291,338 contributed positively to equity growth.
- Dividend payments of 28,485,441 reduced retained earnings.
- Other comprehensive income decreased equity by 153,593,835.
- Other factors increased equity by 182,196,310.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥41.29 Million | +23.47% |
| Dividends Paid | CN¥28.49 Million | -16.19% |
| Other Comprehensive Income | CN¥-153.59 Million | -87.3% |
| Other Changes | CN¥182.20 Million | +103.56% |
| Total Change | CN¥- | 30.78% |
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: 22.98x
- 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 7.50x to 22.98x 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¥5.28 | x |
| 2005-12-31 | CN¥1.00 | CN¥5.28 | x |
| 2006-12-31 | CN¥0.71 | CN¥5.28 | x |
| 2007-12-31 | CN¥3.36 | CN¥5.28 | x |
| 2008-12-31 | CN¥1.52 | CN¥5.28 | x |
| 2009-12-31 | CN¥2.73 | CN¥5.28 | x |
| 2010-12-31 | CN¥2.52 | CN¥5.28 | x |
| 2011-12-31 | CN¥0.98 | CN¥5.28 | x |
| 2012-12-31 | CN¥1.06 | CN¥5.28 | x |
| 2013-12-31 | CN¥1.22 | CN¥5.28 | x |
| 2014-12-31 | CN¥0.79 | CN¥5.28 | x |
| 2015-12-31 | CN¥1.50 | CN¥5.28 | x |
| 2016-12-31 | CN¥1.70 | CN¥5.28 | x |
| 2017-12-31 | CN¥2.05 | CN¥5.28 | x |
| 2018-12-31 | CN¥1.80 | CN¥5.28 | x |
| 2019-12-31 | CN¥1.83 | CN¥5.28 | x |
| 2020-12-31 | CN¥1.22 | CN¥5.28 | x |
| 2021-12-31 | CN¥0.08 | CN¥5.28 | x |
| 2022-12-31 | CN¥0.06 | CN¥5.28 | x |
| 2023-12-31 | CN¥0.11 | CN¥5.28 | x |
| 2024-12-31 | CN¥0.17 | CN¥5.28 | x |
| 2025-12-31 | CN¥0.23 | CN¥5.28 | 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): 23.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.29%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 10.17x
- Recent ROE (23.47%) is above the historical average (-73.88%), 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 | -13.90% | -1.54% | 1.96x | 4.62x | CN¥-123.68 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 | 10.25% | 2.86% | 0.98x | 3.67x | CN¥3.72 Million |
| 2018 | 0.55% | 0.22% | 0.72x | 3.49x | CN¥-176.50 Million |
| 2019 | -30.13% | -14.26% | 0.47x | 4.50x | CN¥-566.31 Million |
| 2020 | -48.20% | -24.35% | 0.29x | 6.75x | CN¥-554.23 Million |
| 2021 | -1645.00% | -72.68% | 0.37x | 60.54x | CN¥-1.05 Billion |
| 2022 | -34.71% | -0.76% | 0.75x | 61.18x | CN¥-19.79 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 |
| 2025 | 23.47% | 2.29% | 1.01x | 10.17x | CN¥23.70 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: $818,406,996
- Average return on equity (ROE) among peers: -0.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Aoyang Technology Ltd (002172) | CN¥181.49 Million | 43.08% | 8.85x | $591.63 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.81 Billion | 5.56% | 1.48x | $1.26 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.94 Billion | 4.27% | 0.66x | $3.19 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $254.65 Million | 12.48% | 1.65x | $13.23 Billion |
| Zangge Holding Co Ltd (000408) | $353.51 Million | 9.73% | 1.04x | $16.58 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $34.68 Million | 0.00% | 2.05x | $1.77 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.88 Billion | -7.74% | 0.64x | $317.69 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $365.16 Million | 13.94% | 0.26x | $844.86 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $302.31 Million | 10.40% | 0.37x | $420.44 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $758.08 Million | -11.00% | 2.16x | $312.66 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $491.34 Million | -44.74% | 3.10x | $3.10 Billion |
About 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 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 produc… Read more