Jiangxi Special Electric Motor Co Ltd (002176) - Net Assets

Latest as of September 2025: CN¥3.40 Billion CNY ≈ $497.72 Million USD

Based on the latest financial reports, Jiangxi Special Electric Motor Co Ltd (002176) has net assets worth CN¥3.40 Billion CNY (≈ $497.72 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¥6.01 Billion ≈ $879.23 Million USD) and total liabilities (CN¥2.61 Billion ≈ $381.51 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 how resilient are Jiangxi Special Electric Motor Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.40 Billion
% of Total Assets	56.61%
Annual Growth Rate	22.1%
5-Year Change	119.04%
10-Year Change	17.79%
Growth Volatility	56.52

Jiangxi Special Electric Motor Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Jiangxi Special Electric Motor Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Jiangxi Special Electric Motor Co Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Jiangxi Special Electric Motor Co Ltd (2004–2024)

The table below shows the annual net assets of Jiangxi Special Electric Motor Co Ltd from 2004 to 2024. For live valuation and market cap data, see Jiangxi Special Electric Motor Co Ltd market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥3.51 Billion ≈ $514.08 Million	-8.61%
2023-12-31	CN¥3.84 Billion ≈ $562.50 Million	-10.63%
2022-12-31	CN¥4.30 Billion ≈ $629.40 Million	+116.46%
2021-12-31	CN¥1.99 Billion ≈ $290.77 Million	+23.89%
2020-12-31	CN¥1.60 Billion ≈ $234.70 Million	-4.18%
2019-12-31	CN¥1.67 Billion ≈ $244.92 Million	-53.66%
2018-12-31	CN¥3.61 Billion ≈ $528.58 Million	-13.68%
2017-12-31	CN¥4.18 Billion ≈ $612.32 Million	+9.72%
2016-12-31	CN¥3.81 Billion ≈ $558.09 Million	+27.88%
2015-12-31	CN¥2.98 Billion ≈ $436.42 Million	+48.74%
2014-12-31	CN¥2.01 Billion ≈ $293.42 Million	+109.01%
2013-12-31	CN¥959.37 Million ≈ $140.39 Million	+6.31%
2012-12-31	CN¥902.44 Million ≈ $132.05 Million	+5.48%
2011-12-31	CN¥855.51 Million ≈ $125.19 Million	+121.77%
2010-12-31	CN¥385.77 Million ≈ $56.45 Million	+7.84%
2009-12-31	CN¥357.74 Million ≈ $52.35 Million	+2.16%
2008-12-31	CN¥350.16 Million ≈ $51.24 Million	+4.31%
2007-12-31	CN¥335.69 Million ≈ $49.12 Million	+187.06%
2006-12-31	CN¥116.94 Million ≈ $17.11 Million	+29.28%
2005-12-31	CN¥90.46 Million ≈ $13.24 Million	+39.73%
2004-12-31	CN¥64.73 Million ≈ $9.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jiangxi Special Electric Motor 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 11549.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥1.71 Billion	48.69%
Other Comprehensive Income	CN¥2.79 Million	0.08%
Other Components	CN¥3.79 Billion	108.05%
Total Equity	CN¥3.50 Billion	100.00%

Jiangxi Special Electric Motor Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangxi Special Electric Motor Co Ltd ranked by their market capitalization.

Company	Market Cap
RAMSAY HLTH.CARE ADR/025 F:RMY0	$4.01 Billion
China International Marine Containers (Group) Co. Ltd F:OCM	$4.01 Billion
Fluidra MC:FDR	$4.01 Billion
Weihai Guangwei Composites Co Ltd SHE:300699	$4.01 Billion
JUST EAT TAKEAW. SP.ADR F:T5WA	$4.01 Billion
Shenzhen Sunlord Electronics Co Ltd SHE:002138	$4.01 Billion
Perseus Mining Limited F:P4Q	$4.01 Billion
Luster LightTech Co. Ltd. Cl A SHG:688400	$4.00 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangxi Special Electric Motor Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,814,741,514 to 3,504,821,893, a change of -309,919,621 (-8.1%).
Net loss of 319,185,064 reduced equity.
Dividend payments of 29,408,152 reduced retained earnings.
Other comprehensive income decreased equity by 1,582,169.
Other factors increased equity by 40,255,764.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-319.19 Million	-9.11%
Dividends Paid	CN¥29.41 Million	-0.84%
Other Comprehensive Income	CN¥-1.58 Million	-0.05%
Other Changes	CN¥40.26 Million	+1.15%
Total Change	CN¥-	-8.12%

Book Value vs Market Value Analysis

This analysis compares Jiangxi Special Electric Motor 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: 7.69x
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 decreased from 162.86x to 7.69x 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¥16.05	x
2005-12-31	CN¥0.14	CN¥16.05	x
2006-12-31	CN¥0.18	CN¥16.05	x
2007-12-31	CN¥0.48	CN¥16.05	x
2008-12-31	CN¥0.41	CN¥16.05	x
2009-12-31	CN¥0.40	CN¥16.05	x
2010-12-31	CN¥0.46	CN¥16.05	x
2011-12-31	CN¥0.89	CN¥16.05	x
2012-12-31	CN¥0.88	CN¥16.05	x
2013-12-31	CN¥0.93	CN¥16.05	x
2014-12-31	CN¥1.98	CN¥16.05	x
2015-12-31	CN¥1.86	CN¥16.05	x
2016-12-31	CN¥2.64	CN¥16.05	x
2017-12-31	CN¥2.76	CN¥16.05	x
2018-12-31	CN¥2.38	CN¥16.05	x
2019-12-31	CN¥0.91	CN¥16.05	x
2020-12-31	CN¥0.92	CN¥16.05	x
2021-12-31	CN¥1.14	CN¥16.05	x
2022-12-31	CN¥2.50	CN¥16.05	x
2023-12-31	CN¥2.21	CN¥16.05	x
2024-12-31	CN¥2.09	CN¥16.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangxi Special Electric Motor 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): -9.11%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -15.18%
• Asset Turnover: 0.32x
• Equity Multiplier: 1.89x
Recent ROE (-9.11%) is below the historical average (0.21%), 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	15.29%	5.59%	0.95x	2.88x	CN¥3.36 Million
2005	25.87%	9.71%	1.03x	2.60x	CN¥14.08 Million
2006	22.78%	9.50%	0.99x	2.43x	CN¥14.70 Million
2007	9.43%	9.13%	0.66x	1.57x	CN¥-1.92 Million
2008	7.07%	5.97%	0.75x	1.57x	CN¥-10.20 Million
2009	2.55%	2.82%	0.60x	1.52x	CN¥-26.40 Million
2010	8.45%	6.15%	0.77x	1.77x	CN¥-5.94 Million
2011	7.15%	7.73%	0.57x	1.63x	CN¥-22.53 Million
2012	5.67%	7.31%	0.48x	1.63x	CN¥-36.12 Million
2013	6.37%	6.65%	0.54x	1.77x	CN¥-32.47 Million
2014	2.02%	4.88%	0.35x	1.20x	CN¥-152.63 Million
2015	1.61%	4.41%	0.13x	2.78x	CN¥-204.95 Million
2016	5.29%	6.61%	0.39x	2.08x	CN¥-175.33 Million
2017	7.01%	8.36%	0.37x	2.28x	CN¥-120.27 Million
2018	-47.66%	-55.04%	0.31x	2.80x	CN¥-2.01 Billion
2019	-130.22%	-78.03%	0.46x	3.62x	CN¥-2.18 Billion
2020	0.91%	0.78%	0.38x	3.07x	CN¥-142.63 Million
2021	19.75%	12.94%	0.55x	2.78x	CN¥190.43 Million
2022	54.53%	35.39%	0.91x	1.69x	CN¥1.90 Billion
2023	-10.40%	-14.18%	0.44x	1.66x	CN¥-778.39 Million
2024	-9.11%	-15.18%	0.32x	1.89x	CN¥-669.67 Million

Industry Comparison

This section compares Jiangxi Special Electric Motor Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $2,126,582,124
Average return on equity (ROE) among peers: 8.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jiangxi Special Electric Motor Co Ltd (002176)	CN¥3.40 Billion	15.29%	0.77x	$4.01 Billion
XJ Electric Co Ltd (000400)	$2.20 Billion	5.89%	1.09x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$874.93 Million	-1.17%	1.71x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.71 Billion	7.84%	0.11x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$86.35 Million	23.75%	0.85x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.31 Billion	8.55%	0.86x	$834.77 Million
Huagong Tech Co Ltd (000988)	$1.22 Billion	3.70%	0.93x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.54 Billion	5.61%	1.58x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$11.08 Billion	1.35%	1.51x	$9.75 Billion

About Jiangxi Special Electric Motor Co Ltd

SHE:002176 China Electrical Equipment & Parts

Market Cap

$4.01 Billion

CN¥27.39 Billion CNY

Market Cap Rank

#4154 Global

#720 in China

Share Price

CN¥16.05

Change (1 day)

-0.25%

52-Week Range

CN¥6.84 - CN¥16.09

All Time High

CN¥30.56