Juli Sling Co Ltd (002342) - Net Assets
Based on the latest financial reports, Juli Sling Co Ltd (002342) has net assets worth CN¥2.44 Billion CNY (≈ $356.63 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¥5.35 Billion ≈ $782.92 Million USD) and total liabilities (CN¥2.91 Billion ≈ $426.29 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 resilience ratio of Juli Sling Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.44 Billion |
| % of Total Assets | 45.55% |
| Annual Growth Rate | 7.88% |
| 5-Year Change | -1.33% |
| 10-Year Change | 0.8% |
| Growth Volatility | 31.59 |
Juli Sling Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Juli Sling Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Juli Sling Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Juli Sling Co Ltd (2006–2024)
The table below shows the annual net assets of Juli Sling Co Ltd from 2006 to 2024. For live valuation and market cap data, see Juli Sling Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.43 Billion ≈ $355.21 Million |
-1.97% |
| 2023-12-31 | CN¥2.48 Billion ≈ $362.36 Million |
-0.38% |
| 2022-12-31 | CN¥2.49 Billion ≈ $363.75 Million |
+0.21% |
| 2021-12-31 | CN¥2.48 Billion ≈ $363.01 Million |
+0.84% |
| 2020-12-31 | CN¥2.46 Billion ≈ $359.98 Million |
+1.21% |
| 2019-12-31 | CN¥2.43 Billion ≈ $355.67 Million |
+0.64% |
| 2018-12-31 | CN¥2.42 Billion ≈ $353.40 Million |
+0.75% |
| 2017-12-31 | CN¥2.40 Billion ≈ $350.77 Million |
-0.93% |
| 2016-12-31 | CN¥2.42 Billion ≈ $354.06 Million |
+0.48% |
| 2015-12-31 | CN¥2.41 Billion ≈ $352.37 Million |
+1.10% |
| 2014-12-31 | CN¥2.38 Billion ≈ $348.54 Million |
+0.55% |
| 2013-12-31 | CN¥2.37 Billion ≈ $346.64 Million |
+2.32% |
| 2012-12-31 | CN¥2.32 Billion ≈ $338.77 Million |
+3.24% |
| 2011-12-31 | CN¥2.24 Billion ≈ $328.13 Million |
+4.42% |
| 2010-12-31 | CN¥2.15 Billion ≈ $314.24 Million |
+134.19% |
| 2009-12-31 | CN¥916.95 Million ≈ $134.18 Million |
+26.38% |
| 2008-12-31 | CN¥725.54 Million ≈ $106.17 Million |
-12.59% |
| 2007-12-31 | CN¥830.01 Million ≈ $121.46 Million |
+33.96% |
| 2006-12-31 | CN¥619.59 Million ≈ $90.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Juli Sling 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 991.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥668.31 Million | 27.53% |
| Common Stock | CN¥960.00 Million | 39.55% |
| Other Comprehensive Income | CN¥129.83 Million | 5.35% |
| Other Components | CN¥669.27 Million | 27.57% |
| Total Equity | CN¥2.43 Billion | 100.00% |
Juli Sling Co Ltd Competitors by Market Cap
The table below lists competitors of Juli Sling Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medical Properties Trust Inc
NYSE:MPW
|
$2.78 Billion |
|
Jinhui Mining Co Ltd
SHG:603132
|
$2.79 Billion |
|
Jiangsu Lihua Animal Husbandry Co Ltd
SHE:300761
|
$2.79 Billion |
|
Nanjing ESTUN Automation Co Ltd
SHE:002747
|
$2.79 Billion |
|
Jiangsu Leili Motor Corp Ltd
SHE:300660
|
$2.78 Billion |
|
Air France-KLM SA
PA:AF
|
$2.78 Billion |
|
BREVILLE GROUP LTD
F:HDE
|
$2.78 Billion |
|
BlackBerry Ltd
TO:BB
|
$2.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Juli Sling Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,476,275,768 to 2,427,409,459, a change of -48,866,309 (-2.0%).
- Net loss of 45,848,251 reduced equity.
- Dividend payments of 61,185,850 reduced retained earnings.
- Other comprehensive income increased equity by 131,835,380.
- Other factors decreased equity by 73,667,588.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-45.85 Million | -1.89% |
| Dividends Paid | CN¥61.19 Million | -2.52% |
| Other Comprehensive Income | CN¥131.84 Million | +5.43% |
| Other Changes | CN¥-73.67 Million | -3.03% |
| Total Change | CN¥- | -1.97% |
Book Value vs Market Value Analysis
This analysis compares Juli Sling 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: 7.83x
- 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 28.16x to 7.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.70 | CN¥19.81 | x |
| 2007-12-31 | CN¥0.88 | CN¥19.81 | x |
| 2008-12-31 | CN¥0.87 | CN¥19.81 | x |
| 2009-12-31 | CN¥1.07 | CN¥19.81 | x |
| 2010-12-31 | CN¥2.23 | CN¥19.81 | x |
| 2011-12-31 | CN¥2.40 | CN¥19.81 | x |
| 2012-12-31 | CN¥2.49 | CN¥19.81 | x |
| 2013-12-31 | CN¥2.36 | CN¥19.81 | x |
| 2014-12-31 | CN¥2.22 | CN¥19.81 | x |
| 2015-12-31 | CN¥2.66 | CN¥19.81 | x |
| 2016-12-31 | CN¥2.46 | CN¥19.81 | x |
| 2017-12-31 | CN¥2.50 | CN¥19.81 | x |
| 2018-12-31 | CN¥2.52 | CN¥19.81 | x |
| 2019-12-31 | CN¥2.53 | CN¥19.81 | x |
| 2020-12-31 | CN¥2.56 | CN¥19.81 | x |
| 2021-12-31 | CN¥2.58 | CN¥19.81 | x |
| 2022-12-31 | CN¥2.59 | CN¥19.81 | x |
| 2023-12-31 | CN¥2.59 | CN¥19.81 | x |
| 2024-12-31 | CN¥2.53 | CN¥19.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Juli Sling 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): -1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.07%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.11x
- Recent ROE (-1.89%) is below the historical average (5.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 10.07% | 6.46% | 0.56x | 2.76x | CN¥321.47K |
| 2007 | 23.57% | 13.91% | 0.71x | 2.40x | CN¥92.95 Million |
| 2008 | 23.88% | 12.65% | 0.71x | 2.67x | CN¥100.69 Million |
| 2009 | 20.87% | 14.33% | 0.58x | 2.52x | CN¥99.72 Million |
| 2010 | 8.99% | 13.35% | 0.45x | 1.51x | CN¥-21.73 Million |
| 2011 | 7.50% | 11.00% | 0.42x | 1.64x | CN¥-56.17 Million |
| 2012 | 5.21% | 7.30% | 0.40x | 1.78x | CN¥-110.84 Million |
| 2013 | 2.96% | 4.14% | 0.39x | 1.84x | CN¥-166.69 Million |
| 2014 | 1.35% | 2.08% | 0.38x | 1.70x | CN¥-205.94 Million |
| 2015 | 1.13% | 2.03% | 0.34x | 1.61x | CN¥-213.67 Million |
| 2016 | 0.85% | 1.51% | 0.34x | 1.68x | CN¥-221.33 Million |
| 2017 | -0.72% | -1.21% | 0.34x | 1.71x | CN¥-256.87 Million |
| 2018 | 0.74% | 1.06% | 0.42x | 1.65x | CN¥-223.69 Million |
| 2019 | 0.75% | 0.93% | 0.49x | 1.65x | CN¥-224.83 Million |
| 2020 | 1.35% | 1.50% | 0.55x | 1.65x | CN¥-212.85 Million |
| 2021 | 0.97% | 0.97% | 0.58x | 1.71x | CN¥-224.11 Million |
| 2022 | 0.37% | 0.42% | 0.49x | 1.80x | CN¥-239.50 Million |
| 2023 | -0.35% | -0.37% | 0.49x | 1.93x | CN¥-256.34 Million |
| 2024 | -1.89% | -2.07% | 0.43x | 2.11x | CN¥-288.59 Million |
Industry Comparison
This section compares Juli Sling Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,122,638,577
- Average return on equity (ROE) among peers: 4.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Juli Sling Co Ltd (002342) | CN¥2.44 Billion | 10.07% | 1.20x | $2.78 Billion |
| Huayi Compressor Co Ltd (000404) | $5.19 Billion | 6.97% | 1.68x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $709.50 Million | 6.14% | 1.68x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $7.53 Billion | 1.67% | 0.29x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $2.71 Billion | 4.79% | 0.50x | $520.37 Million |
| Changchai Co Ltd (000570) | $1.86 Billion | 2.98% | 0.67x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $315.25 Million | 5.68% | 1.39x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $436.15 Million | 1.59% | 1.56x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $969.93 Million | 5.96% | 0.61x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.11 Billion | 3.64% | 0.40x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $393.52 Million | 9.87% | 0.54x | $1.66 Billion |
About Juli Sling Co Ltd
Juli Sling Co., Ltd. researches, develops, manufactures, and sells rigging products in the People's Republic of China and internationally. The company offers synthetic fiber lifting belt slings, steel wire ropes, wire rope slings, chain slings, steel pull rods, cable slings, metallurgical clamps, beam slings, sling connectors, sling manufacturing equipment, etc. Its products are used in manufactu… Read more