Shandong Jining Ruyi Woolen Textile Co Ltd (002193) - Net Assets

Latest as of March 2026: CN¥269.28 Million CNY ≈ $39.40 Million USD

Based on the latest financial reports, Shandong Jining Ruyi Woolen Textile Co Ltd (002193) has net assets worth CN¥269.28 Million CNY (≈ $39.40 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.46 Billion ≈ $360.34 Million USD) and total liabilities (CN¥2.19 Billion ≈ $320.94 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 Shandong Jining Ruyi Woolen Textile Co L (002193) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥269.28 Million
% of Total Assets	10.94%
Annual Growth Rate	1.43%
5-Year Change	-89.37%
10-Year Change	-87.94%
Growth Volatility	63.68

Shandong Jining Ruyi Woolen Textile Co Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Shandong Jining Ruyi Woolen Textile Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002193 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shandong Jining Ruyi Woolen Textile Co Ltd (2004–2025)

The table below shows the annual net assets of Shandong Jining Ruyi Woolen Textile Co Ltd from 2004 to 2025. For live valuation and market cap data, see Shandong Jining Ruyi Woolen Textile Co L (002193) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥299.67 Million ≈ $43.85 Million	-55.12%
2024-12-31	CN¥667.67 Million ≈ $97.70 Million	-46.36%
2023-12-31	CN¥1.24 Billion ≈ $182.13 Million	-52.44%
2022-12-31	CN¥2.62 Billion ≈ $382.92 Million	-7.20%
2021-12-31	CN¥2.82 Billion ≈ $412.61 Million	+1.54%
2020-12-31	CN¥2.78 Billion ≈ $406.35 Million	+0.07%
2019-12-31	CN¥2.77 Billion ≈ $406.07 Million	+1.71%
2018-12-31	CN¥2.73 Billion ≈ $399.22 Million	+3.23%
2017-12-31	CN¥2.64 Billion ≈ $386.72 Million	+6.38%
2016-12-31	CN¥2.48 Billion ≈ $363.53 Million	+262.32%
2015-12-31	CN¥685.66 Million ≈ $100.33 Million	+2.25%
2014-12-31	CN¥670.59 Million ≈ $98.13 Million	-0.35%
2013-12-31	CN¥672.96 Million ≈ $98.48 Million	+0.30%
2012-12-31	CN¥670.95 Million ≈ $98.18 Million	+0.33%
2011-12-31	CN¥668.76 Million ≈ $97.86 Million	+0.22%
2010-12-31	CN¥667.32 Million ≈ $97.65 Million	+5.42%
2009-12-31	CN¥633.03 Million ≈ $92.63 Million	+7.19%
2008-12-31	CN¥590.57 Million ≈ $86.42 Million	+6.49%
2007-12-31	CN¥554.60 Million ≈ $81.15 Million	+105.90%
2006-12-31	CN¥269.35 Million ≈ $39.42 Million	+13.91%
2005-12-31	CN¥236.46 Million ≈ $34.60 Million	+6.39%
2004-12-31	CN¥222.25 Million ≈ $32.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shandong Jining Ruyi Woolen Textile 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 2281.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥2.02 Billion	673.24%
Total Equity	CN¥299.67 Million	100.00%

Shandong Jining Ruyi Woolen Textile Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Jining Ruyi Woolen Textile Co Ltd ranked by their market capitalization.

Company	Market Cap
Solarius Capital Acquisition Corp. NASDAQ:SOCA	$181.96 Million
DAE-IL Corporation KO:092200	$181.96 Million
Dat Phuong JSC VN:DPG	$182.03 Million
Associated Alcohols & Breweries Ltd. NSE:ASALCBR	$182.07 Million
Halma PLC LSE:HLMA	$181.89 Million
EKOS IS:EKOS	$181.87 Million
HealWELL AI Inc. TO:AIDX	$181.70 Million
Pruksa Holding Public Company Limited F:2PR3	$181.69 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Jining Ruyi Woolen Textile Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 667,666,739 to 299,673,453, a change of -367,993,286 (-55.1%).
Net loss of 367,993,287 reduced equity.
Other comprehensive income decreased equity by 277,187,021.
Other factors increased equity by 277,187,022.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-367.99 Million	-122.8%
Other Comprehensive Income	CN¥-277.19 Million	-92.5%
Other Changes	CN¥277.19 Million	+92.5%
Total Change	CN¥-	-55.12%

Book Value vs Market Value Analysis

This analysis compares Shandong Jining Ruyi Woolen Textile 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: 4.15x
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 2.60x to 4.15x 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¥1.82	CN¥4.75	x
2005-12-31	CN¥1.99	CN¥4.75	x
2006-12-31	CN¥2.25	CN¥4.75	x
2007-12-31	CN¥4.42	CN¥4.75	x
2008-12-31	CN¥3.68	CN¥4.75	x
2009-12-31	CN¥3.99	CN¥4.75	x
2010-12-31	CN¥4.16	CN¥4.75	x
2011-12-31	CN¥4.18	CN¥4.75	x
2012-12-31	CN¥4.19	CN¥4.75	x
2013-12-31	CN¥2.81	CN¥4.75	x
2014-12-31	CN¥3.74	CN¥4.75	x
2015-12-31	CN¥2.58	CN¥4.75	x
2016-12-31	CN¥11.95	CN¥4.75	x
2017-12-31	CN¥9.64	CN¥4.75	x
2018-12-31	CN¥10.00	CN¥4.75	x
2019-12-31	CN¥9.92	CN¥4.75	x
2020-12-31	CN¥10.45	CN¥4.75	x
2021-12-31	CN¥10.34	CN¥4.75	x
2022-12-31	CN¥9.73	CN¥4.75	x
2023-12-31	CN¥4.75	CN¥4.75	x
2024-12-31	CN¥2.55	CN¥4.75	x
2025-12-31	CN¥1.15	CN¥4.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Jining Ruyi Woolen Textile 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): -122.80%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -102.26%
• Asset Turnover: 0.15x
• Equity Multiplier: 8.21x
Recent ROE (-122.80%) is below the historical average (-9.79%), 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	10.42%	5.49%	0.72x	2.64x	CN¥926.88K
2005	7.27%	4.71%	0.58x	2.66x	CN¥-6.45 Million
2006	13.33%	8.08%	0.69x	2.38x	CN¥8.97 Million
2007	7.92%	8.89%	0.55x	1.62x	CN¥-11.52 Million
2008	7.87%	9.50%	0.46x	1.78x	CN¥-12.58 Million
2009	7.77%	9.96%	0.31x	2.50x	CN¥-14.10 Million
2010	6.73%	8.80%	0.29x	2.63x	CN¥-21.83 Million
2011	1.68%	1.75%	0.35x	2.72x	CN¥-55.67 Million
2012	0.30%	0.25%	0.45x	2.68x	CN¥-65.06 Million
2013	0.36%	0.41%	0.33x	2.62x	CN¥-64.90 Million
2014	-0.27%	-0.31%	0.31x	2.78x	CN¥-68.85 Million
2015	2.72%	1.89%	0.51x	2.80x	CN¥-49.95 Million
2016	1.93%	4.47%	0.24x	1.78x	CN¥-200.59 Million
2017	2.80%	5.94%	0.26x	1.81x	CN¥-182.36 Million
2018	3.80%	7.46%	0.28x	1.84x	CN¥-161.55 Million
2019	1.81%	4.19%	0.24x	1.84x	CN¥-217.33 Million
2020	0.19%	0.65%	0.16x	1.84x	CN¥-261.14 Million
2021	0.04%	0.14%	0.14x	1.78x	CN¥-269.33 Million
2022	-32.65%	-140.34%	0.13x	1.77x	CN¥-1.09 Billion
2023	-50.20%	-162.82%	0.12x	2.58x	CN¥-749.28 Million
2024	-86.49%	-128.57%	0.16x	4.11x	CN¥-644.25 Million
2025	-122.80%	-102.26%	0.15x	8.21x	CN¥-397.96 Million

Industry Comparison

This section compares Shandong Jining Ruyi Woolen Textile Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

Industry: Textile Manufacturing
Average net assets among peers: $2,204,694,773
Average return on equity (ROE) among peers: 5.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shandong Jining Ruyi Woolen Textile Co Ltd (002193)	CN¥269.28 Million	10.42%	8.14x	$181.91 Million
Shenzhen Textile Holdings Co Ltd (000045)	$327.67 Million	6.93%	1.13x	$717.59 Million
Shijiazhuang Changshan Textile Co Ltd (000158)	$6.04 Billion	1.68%	1.48x	$3.40 Billion
Jilin Chemical Fibre Co Ltd (000420)	$2.96 Billion	-4.37%	1.97x	$1.52 Billion
Lu Thai Textile Co Ltd (000726)	$337.41 Million	19.10%	0.81x	$486.18 Million
Anhui Huamao Textile Co Ltd (000850)	$3.44 Billion	10.19%	0.94x	$508.16 Million
Xinxiang Chemical Fiber Co Ltd (000949)	$3.85 Billion	2.17%	1.28x	$1.57 Billion
Xinlong Holding Group Co Ltd (000955)	$637.90 Million	0.28%	0.87x	$391.56 Million
Huafu Top Dyed Melange Yarn Co Ltd (002042)	$139.60 Million	15.10%	1.94x	$933.24 Million
Sunvim Group Co Ltd (002083)	$2.55 Billion	4.83%	1.56x	$1.47 Billion
Hongda High-Tech Holding Co Ltd (002144)	$1.77 Billion	3.62%	0.10x	$274.44 Million

About Shandong Jining Ruyi Woolen Textile Co Ltd

SHE:002193 China Textile Manufacturing

Market Cap

$181.91 Million

CN¥1.24 Billion CNY

Market Cap Rank

#17026 Global

#4650 in China

Share Price

CN¥4.75

Change (1 day)

-3.85%

52-Week Range

CN¥4.36 - CN¥7.22

All Time High

CN¥25.71