Shandong Jining Ruyi Woolen Textile Co Ltd (002193) - Net Assets
Based on the latest financial reports, Shandong Jining Ruyi Woolen Textile Co Ltd (002193) has net assets worth CN¥205.67 Million CNY (≈ $30.10 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¥2.44 Billion ≈ $356.86 Million USD) and total liabilities (CN¥2.23 Billion ≈ $326.77 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 PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥205.67 Million |
| % of Total Assets | 8.43% |
| 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. For live market cap and overall valuation, see market value of Shandong Jining Ruyi Woolen Textile Co L.
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. Also explore 002193 net assets growth trend to track the company's year-over-year net asset growth rate.
| 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 |
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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 |
|---|---|
|
In Win Development Inc
TW:6117
|
$178.87 Million |
|
Franklin Covey Company
NYSE:FC
|
$178.89 Million |
|
China Ecotek Corp
TW:1535
|
$178.94 Million |
|
ES Cube Co. Ltd
KQ:050120
|
$178.95 Million |
|
Shanghai Highly Group Co Ltd B
SHG:900910
|
$178.74 Million |
|
Twelve Seas Investment Co II
NASDAQ:TWLV
|
$178.69 Million |
|
Aimia Inc
TO:AIM
|
$178.65 Million |
|
ReposiTrak
NASDAQ:TRAK
|
$178.58 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: 4.08x
- 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 2.56x to 4.08x 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¥4.67 | x |
| 2005-12-31 | CN¥1.99 | CN¥4.67 | x |
| 2006-12-31 | CN¥2.25 | CN¥4.67 | x |
| 2007-12-31 | CN¥4.42 | CN¥4.67 | x |
| 2008-12-31 | CN¥3.68 | CN¥4.67 | x |
| 2009-12-31 | CN¥3.99 | CN¥4.67 | x |
| 2010-12-31 | CN¥4.16 | CN¥4.67 | x |
| 2011-12-31 | CN¥4.18 | CN¥4.67 | x |
| 2012-12-31 | CN¥4.19 | CN¥4.67 | x |
| 2013-12-31 | CN¥2.81 | CN¥4.67 | x |
| 2014-12-31 | CN¥3.74 | CN¥4.67 | x |
| 2015-12-31 | CN¥2.58 | CN¥4.67 | x |
| 2016-12-31 | CN¥11.95 | CN¥4.67 | x |
| 2017-12-31 | CN¥9.64 | CN¥4.67 | x |
| 2018-12-31 | CN¥10.00 | CN¥4.67 | x |
| 2019-12-31 | CN¥9.92 | CN¥4.67 | x |
| 2020-12-31 | CN¥10.45 | CN¥4.67 | x |
| 2021-12-31 | CN¥10.34 | CN¥4.67 | x |
| 2022-12-31 | CN¥9.73 | CN¥4.67 | x |
| 2023-12-31 | CN¥4.75 | CN¥4.67 | x |
| 2024-12-31 | CN¥2.55 | CN¥4.67 | x |
| 2025-12-31 | CN¥1.15 | CN¥4.67 | 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: $2,814,926,324
- Average return on equity (ROE) among peers: 5.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Jining Ruyi Woolen Textile Co Ltd (002193) | CN¥205.67 Million | 10.42% | 10.86x | $178.85 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $2.20 Billion | -5.17% | 0.29x | $740.99 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $2.44 Billion | 0.72% | 1.36x | $2.99 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $1.35 Billion | 5.85% | 1.00x | $1.27 Billion |
| Lu Thai Textile Co Ltd (000726) | $7.02 Billion | 13.66% | 0.23x | $536.35 Million |
| Anhui Huamao Textile Co Ltd (000850) | $747.53 Million | 12.76% | 0.47x | $574.45 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.73 Billion | 1.75% | 1.49x | $1.66 Billion |
| Xinlong Holding Group Co Ltd (000955) | $704.50 Million | 0.69% | 0.42x | $328.53 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $7.29 Billion | 10.24% | 1.53x | $955.63 Million |
| Sunvim Group Co Ltd (002083) | $2.71 Billion | 6.73% | 1.65x | $1.35 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.95 Billion | 4.08% | 0.11x | $270.56 Million |
About Shandong Jining Ruyi Woolen Textile Co Ltd
Shandong Ruyi Woolen Garment Group Co., Ltd., together with its subsidiaries, engages in the design, production, and sale of textiles, clothing, and apparel in China and internationally. The company offers worsted wool fabrics and suits. It also engages in the acquisition, processing, and sale of wool and other textile raw materials and accessories. The company exports its products. The company w… Read more