Juli Sling Co Ltd (002342) - Net Assets

Latest as of March 2026: CN¥2.45 Billion CNY ≈ $357.90 Million USD

Based on the latest financial reports, Juli Sling Co Ltd (002342) has net assets worth CN¥2.45 Billion CNY (≈ $357.90 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¥5.43 Billion ≈ $794.83 Million USD) and total liabilities (CN¥2.99 Billion ≈ $436.93 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 Juli Sling Co Ltd (002342) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.45 Billion
% of Total Assets 45.03%
Annual Growth Rate 7.48%
5-Year Change -1.58%
10-Year Change 0.9%
Growth Volatility 30.83

Juli Sling Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Juli Sling Co Ltd's net assets have evolved over time, based on quarterly financial data. See Juli Sling Co Ltd (002342) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Juli Sling Co Ltd (2006–2025)

The table below shows the annual net assets of Juli Sling Co Ltd from 2006 to 2025. For live valuation and market cap data, see Juli Sling Co Ltd market cap and net worth.

Year Net Assets Change
2025-12-31 CN¥2.44 Billion
≈ $357.26 Million		 +0.58%
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		 --

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 1012.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥681.09 Million 27.90%
Other Components CN¥1.76 Billion 72.10%
Total Equity CN¥2.44 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
Aerospace Industrial Development Corp
TW:2634
 $1.40 Billion
Hangzhou Honghua Digital Technology Stock Company LTD
SHG:688789
 $1.40 Billion
Silicon2 Co. Ltd.
KQ:257720
 $1.40 Billion
Jiangsu Tongrun Equipment Technology Co Ltd
SHE:002150
 $1.40 Billion
KCE Electronics Public Company Limited
BK:KCE
 $1.40 Billion
Tibet Tianlu Co Ltd
SHG:600326
 $1.40 Billion
Macquarie Technology Group Ltd
AU:MAQ
 $1.40 Billion
Clearway Energy Inc
NYSE:CWEN-A
 $1.40 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 2024 to 2025, total equity changed from 2,427,409,459 to 2,441,416,943, a change of 14,007,484 (0.6%).
  • Net income of 17,436,377 contributed positively to equity growth.
  • Dividend payments of 54,277,744 reduced retained earnings.
  • Other comprehensive income decreased equity by 129,831,259.
  • Other factors increased equity by 180,680,110.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥17.44 Million +0.71%
Dividends Paid CN¥54.28 Million -2.22%
Other Comprehensive Income CN¥-129.83 Million -5.32%
Other Changes CN¥180.68 Million +7.4%
Total Change CN¥- 0.58%

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: 3.92x
  • 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 14.17x to 3.92x 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¥9.97 x
2007-12-31 CN¥0.88 CN¥9.97 x
2008-12-31 CN¥0.87 CN¥9.97 x
2009-12-31 CN¥1.07 CN¥9.97 x
2010-12-31 CN¥2.23 CN¥9.97 x
2011-12-31 CN¥2.40 CN¥9.97 x
2012-12-31 CN¥2.41 CN¥9.97 x
2013-12-31 CN¥2.36 CN¥9.97 x
2014-12-31 CN¥2.22 CN¥9.97 x
2015-12-31 CN¥2.66 CN¥9.97 x
2016-12-31 CN¥2.46 CN¥9.97 x
2017-12-31 CN¥2.50 CN¥9.97 x
2018-12-31 CN¥2.52 CN¥9.97 x
2019-12-31 CN¥2.53 CN¥9.97 x
2020-12-31 CN¥2.56 CN¥9.97 x
2021-12-31 CN¥2.59 CN¥9.97 x
2022-12-31 CN¥2.60 CN¥9.97 x
2023-12-31 CN¥2.59 CN¥9.97 x
2024-12-31 CN¥2.53 CN¥9.97 x
2025-12-31 CN¥2.54 CN¥9.97 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): 0.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.68%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 2.19x
  • Recent ROE (0.71%) is below the historical average (5.42%), 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
2025 0.71% 0.68% 0.48x 2.19x CN¥-226.71 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: $2,053,540,271
  • Average return on equity (ROE) among peers: 4.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Juli Sling Co Ltd (002342) CN¥2.45 Billion 10.07% 1.22x $1.40 Billion
Huayi Compressor Co Ltd (000404) $2.70 Billion 6.94% 1.45x $768.94 Million
Shenyang Machine Tool Co Ltd (000410) $1.11 Billion 8.63% 3.77x $1.98 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.75 Billion 8.40% 0.54x $4.14 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $657.04 Million 17.35% 0.68x $478.11 Million
Changchai Co Ltd (000570) $2.06 Billion 3.02% 0.72x $409.83 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $437.03 Million 6.41% 1.13x $32.29 Million
Baota Industry Co Ltd (000595) $356.47 Million -22.08% 1.87x $1.07 Billion
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.10 Billion
J.S. Corrugating Machinery Co Ltd (000821) $2.36 Billion 2.28% 1.62x $788.41 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $803.92 Million 9.00% 0.67x $1.83 Billion

About Juli Sling Co Ltd

SHE:002342 China Specialty Industrial Machinery
Market Cap
$1.40 Billion
CN¥9.57 Billion CNY
Market Cap Rank
#7646 Global
#1787 in China
Share Price
CN¥9.97
Change (1 day)
-2.83%
52-Week Range
CN¥5.47 - CN¥22.17
All Time High
CN¥22.17
Categories
Companies in China Specialty Industrial Machinery
About

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