Joyoung Co Ltd (002242) - Net Assets
Based on the latest financial reports, Joyoung Co Ltd (002242) has net assets worth CN¥3.41 Billion CNY (≈ $498.37 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¥6.98 Billion ≈ $1.02 Billion USD) and total liabilities (CN¥3.57 Billion ≈ $522.86 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 asset allocation strategy of Joyoung Co Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.41 Billion |
| % of Total Assets | 48.8% |
| Annual Growth Rate | 21.47% |
| 5-Year Change | -14.87% |
| 10-Year Change | 2.76% |
| Growth Volatility | 103.1 |
Joyoung Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Joyoung Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Joyoung Co Ltd worth.
Annual Net Assets for Joyoung Co Ltd (2005–2025)
The table below shows the annual net assets of Joyoung Co Ltd from 2005 to 2025. Also explore Joyoung Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.61 Billion ≈ $528.39 Million |
+3.35% |
| 2024-12-31 | CN¥3.49 Billion ≈ $511.28 Million |
+0.22% |
| 2023-12-31 | CN¥3.49 Billion ≈ $510.15 Million |
+4.80% |
| 2022-12-31 | CN¥3.33 Billion ≈ $486.77 Million |
-21.58% |
| 2021-12-31 | CN¥4.24 Billion ≈ $620.70 Million |
-0.95% |
| 2020-12-31 | CN¥4.28 Billion ≈ $626.66 Million |
+14.17% |
| 2019-12-31 | CN¥3.75 Billion ≈ $548.89 Million |
-2.06% |
| 2018-12-31 | CN¥3.83 Billion ≈ $560.43 Million |
+6.91% |
| 2017-12-31 | CN¥3.58 Billion ≈ $524.19 Million |
+1.94% |
| 2016-12-31 | CN¥3.51 Billion ≈ $514.19 Million |
+4.62% |
| 2015-12-31 | CN¥3.36 Billion ≈ $491.47 Million |
+4.42% |
| 2014-12-31 | CN¥3.22 Billion ≈ $470.68 Million |
+4.19% |
| 2013-12-31 | CN¥3.09 Billion ≈ $451.73 Million |
+4.47% |
| 2012-12-31 | CN¥2.95 Billion ≈ $432.39 Million |
+14.08% |
| 2011-12-31 | CN¥2.59 Billion ≈ $379.01 Million |
-14.51% |
| 2010-12-31 | CN¥3.03 Billion ≈ $443.31 Million |
+7.23% |
| 2009-12-31 | CN¥2.83 Billion ≈ $413.40 Million |
+16.88% |
| 2008-12-31 | CN¥2.42 Billion ≈ $353.69 Million |
+423.75% |
| 2007-12-31 | CN¥461.49 Million ≈ $67.53 Million |
+86.18% |
| 2006-12-31 | CN¥247.87 Million ≈ $36.27 Million |
+235.64% |
| 2005-12-31 | CN¥73.85 Million ≈ $10.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Joyoung 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 grown by 3330.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.70 Billion | 49.38% |
| Common Stock | CN¥763.02 Million | 22.22% |
| Other Comprehensive Income | CN¥491.58 Million | 14.32% |
| Other Components | CN¥483.35 Million | 14.08% |
| Total Equity | CN¥3.43 Billion | 100.00% |
Joyoung Co Ltd Competitors by Market Cap
The table below lists competitors of Joyoung Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Safety Insurance Group Inc
NASDAQ:SAFT
|
$1.05 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
$1.05 Billion |
|
Ningbo Fuda Co Ltd
SHG:600724
|
$1.05 Billion |
|
Inner Mongolia ERDOS Resources Co Ltd B
SHG:900936
|
$1.05 Billion |
|
Heineken Bhd
KLSE:3255
|
$1.05 Billion |
|
AcadeMedia AB (publ)
ST:ACAD
|
$1.05 Billion |
|
Jupiter Wagons Limited
NSE:JWL
|
$1.05 Billion |
|
MeiraGTx Holdings PLC
NASDAQ:MGTX
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Joyoung Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,485,895,659 to 3,433,241,112, a change of -52,654,547 (-1.5%).
- Net income of 117,645,794 contributed positively to equity growth.
- Dividend payments of 114,452,550 reduced retained earnings.
- Other comprehensive income decreased equity by 32,576,352.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥117.65 Million | +3.43% |
| Dividends Paid | CN¥114.45 Million | -3.33% |
| Other Comprehensive Income | CN¥-32.58 Million | -0.95% |
| Other Changes | CN¥-23.27 Million | -0.68% |
| Total Change | CN¥- | -1.51% |
Book Value vs Market Value Analysis
This analysis compares Joyoung 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: 2.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.57x to 2.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥2.05 | CN¥9.39 | x |
| 2006-12-31 | CN¥5.49 | CN¥9.39 | x |
| 2007-12-31 | CN¥0.72 | CN¥9.39 | x |
| 2008-12-31 | CN¥3.33 | CN¥9.39 | x |
| 2009-12-31 | CN¥3.51 | CN¥9.39 | x |
| 2010-12-31 | CN¥3.84 | CN¥9.39 | x |
| 2011-12-31 | CN¥3.29 | CN¥9.39 | x |
| 2012-12-31 | CN¥3.76 | CN¥9.39 | x |
| 2013-12-31 | CN¥3.89 | CN¥9.39 | x |
| 2014-12-31 | CN¥4.08 | CN¥9.39 | x |
| 2015-12-31 | CN¥4.28 | CN¥9.39 | x |
| 2016-12-31 | CN¥4.49 | CN¥9.39 | x |
| 2017-12-31 | CN¥4.67 | CN¥9.39 | x |
| 2018-12-31 | CN¥5.00 | CN¥9.39 | x |
| 2019-12-31 | CN¥4.89 | CN¥9.39 | x |
| 2020-12-31 | CN¥5.58 | CN¥9.39 | x |
| 2021-12-31 | CN¥5.56 | CN¥9.39 | x |
| 2022-12-31 | CN¥4.38 | CN¥9.39 | x |
| 2023-12-31 | CN¥4.64 | CN¥9.39 | x |
| 2024-12-31 | CN¥4.56 | CN¥9.39 | x |
| 2025-12-31 | CN¥4.59 | CN¥9.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Joyoung 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): 3.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.27x
- Recent ROE (3.43%) is below the historical average (21.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 51.63% | 5.08% | 3.37x | 3.01x | CN¥30.75 Million |
| 2006 | 20.52% | 4.64% | 1.47x | 3.02x | CN¥22.22 Million |
| 2007 | 76.19% | 16.13% | 1.69x | 2.79x | CN¥272.23 Million |
| 2008 | 23.62% | 12.44% | 1.18x | 1.61x | CN¥310.25 Million |
| 2009 | 22.80% | 13.15% | 1.16x | 1.50x | CN¥342.33 Million |
| 2010 | 20.31% | 11.05% | 1.23x | 1.49x | CN¥299.91 Million |
| 2011 | 20.06% | 9.64% | 1.34x | 1.55x | CN¥251.47 Million |
| 2012 | 15.95% | 9.21% | 1.16x | 1.49x | CN¥169.76 Million |
| 2013 | 15.95% | 8.82% | 1.18x | 1.54x | CN¥175.30 Million |
| 2014 | 17.16% | 8.95% | 1.20x | 1.60x | CN¥221.92 Million |
| 2015 | 18.93% | 8.78% | 1.20x | 1.80x | CN¥292.50 Million |
| 2016 | 20.26% | 9.54% | 1.31x | 1.62x | CN¥353.33 Million |
| 2017 | 19.27% | 9.51% | 1.35x | 1.50x | CN¥331.46 Million |
| 2018 | 19.80% | 9.23% | 1.23x | 1.75x | CN¥373.23 Million |
| 2019 | 21.96% | 8.81% | 1.25x | 1.99x | CN¥448.80 Million |
| 2020 | 21.95% | 8.38% | 1.23x | 2.13x | CN¥511.70 Million |
| 2021 | 17.49% | 7.07% | 1.24x | 2.00x | CN¥319.24 Million |
| 2022 | 15.99% | 5.21% | 1.44x | 2.14x | CN¥198.60 Million |
| 2023 | 11.21% | 4.05% | 1.26x | 2.19x | CN¥41.91 Million |
| 2024 | 3.51% | 1.38% | 1.17x | 2.18x | CN¥-226.24 Million |
| 2025 | 3.43% | 1.44% | 1.05x | 2.27x | CN¥-225.68 Million |
Industry Comparison
This section compares Joyoung Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $28,719,566,311
- Average return on equity (ROE) among peers: 14.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Joyoung Co Ltd (002242) | CN¥3.41 Billion | 51.63% | 1.05x | $1.05 Billion |
| Midea Group Co Ltd (000333) | $227.67 Billion | 16.93% | 1.65x | $84.04 Billion |
| Changhong Meiling Co Ltd (000521) | $879.37 Million | 0.76% | 1.77x | $558.68 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $27.58 Billion | 26.76% | 2.90x | $31.56 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $19.40 Billion | 14.63% | 2.40x | $3.57 Billion |
| Suncha Technology Co Ltd (001211) | $477.06 Million | 18.82% | 0.71x | $375.78 Million |
| Elec-Tech International Co Ltd (002005) | $5.89 Billion | 0.24% | 1.20x | $718.02 Million |
| Zhejiang Supor Co Ltd (002032) | $3.39 Billion | 13.82% | 0.46x | $4.60 Billion |
| Vatti Corp Ltd (002035) | $112.32 Million | 31.19% | 1.62x | $599.11 Million |
| CNlight Co Ltd (002076) | $1.05 Billion | 5.32% | 1.11x | $342.45 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $750.18 Million | 12.65% | 0.85x | $608.83 Million |
About Joyoung Co Ltd
Joyoung Co.,Ltd engages in the research and development, production, and sale of small home appliances and kitchen utensils in China and internationally. It offers soy-milk makers, induction and rice cookers, air fryers, and food processors. It also engages in storage, processing, and sales of grain; and technical consulting of appliances and kitchen utensils. Joyoung Co.,Ltd was founded in 2002 … Read more