Jiangsu Lianfa Textile Co Ltd (002394) - Net Assets
Based on the latest financial reports, Jiangsu Lianfa Textile Co Ltd (002394) has net assets worth CN¥4.39 Billion CNY (≈ $642.50 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¥5.63 Billion ≈ $823.55 Million USD) and total liabilities (CN¥1.24 Billion ≈ $181.05 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 how strategically is Jiangsu Lianfa Textile Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.39 Billion |
| % of Total Assets | 78.02% |
| Annual Growth Rate | 18.29% |
| 5-Year Change | 16.52% |
| 10-Year Change | 52.7% |
| Growth Volatility | 52.96 |
Jiangsu Lianfa Textile Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Jiangsu Lianfa Textile 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 Jiangsu Lianfa Textile Co Ltd worth.
Annual Net Assets for Jiangsu Lianfa Textile Co Ltd (2006–2025)
The table below shows the annual net assets of Jiangsu Lianfa Textile Co Ltd from 2006 to 2025. Also explore Jiangsu Lianfa Textile Co Ltd (002394) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.40 Billion ≈ $644.01 Million |
+5.74% |
| 2024-12-31 | CN¥4.16 Billion ≈ $609.06 Million |
+5.66% |
| 2023-12-31 | CN¥3.94 Billion ≈ $576.43 Million |
-1.74% |
| 2022-12-31 | CN¥4.01 Billion ≈ $586.65 Million |
+6.14% |
| 2021-12-31 | CN¥3.78 Billion ≈ $552.70 Million |
+1.42% |
| 2020-12-31 | CN¥3.72 Billion ≈ $544.94 Million |
+8.53% |
| 2019-12-31 | CN¥3.43 Billion ≈ $502.10 Million |
+6.51% |
| 2018-12-31 | CN¥3.22 Billion ≈ $471.42 Million |
+4.84% |
| 2017-12-31 | CN¥3.07 Billion ≈ $449.68 Million |
+6.62% |
| 2016-12-31 | CN¥2.88 Billion ≈ $421.75 Million |
+6.95% |
| 2015-12-31 | CN¥2.69 Billion ≈ $394.36 Million |
-0.86% |
| 2014-12-31 | CN¥2.72 Billion ≈ $397.76 Million |
+6.51% |
| 2013-12-31 | CN¥2.55 Billion ≈ $373.44 Million |
+8.18% |
| 2012-12-31 | CN¥2.36 Billion ≈ $345.19 Million |
+9.96% |
| 2011-12-31 | CN¥2.15 Billion ≈ $313.91 Million |
+12.33% |
| 2010-12-31 | CN¥1.91 Billion ≈ $279.46 Million |
+238.35% |
| 2009-12-31 | CN¥564.44 Million ≈ $82.60 Million |
+46.91% |
| 2008-12-31 | CN¥384.20 Million ≈ $56.22 Million |
+29.28% |
| 2007-12-31 | CN¥297.19 Million ≈ $43.49 Million |
+64.21% |
| 2006-12-31 | CN¥180.98 Million ≈ $26.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Lianfa 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 grown by 3197.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.85 Billion | 65.43% |
| Other Components | CN¥1.50 Billion | 34.57% |
| Total Equity | CN¥4.35 Billion | 100.00% |
Jiangsu Lianfa Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Lianfa Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Surya Roshni Limited
NSE:SURYAROSNI
|
$495.65 Million |
|
Enterprise Bancorp Inc
NASDAQ:EBTC
|
$495.83 Million |
|
Shenzhen Neoway Technology Co Ltd
SHG:688159
|
$495.85 Million |
|
MH Robot & Automation Co. Ltd.
SHE:301199
|
$496.07 Million |
|
Zhongjin Irradiation Incorporated Company
SHE:300962
|
$495.26 Million |
|
Wonik QnC Corporation
KQ:074600
|
$495.26 Million |
|
Shanghai Titan Scientific Co. Ltd. A
SHG:688133
|
$495.20 Million |
|
JPP Holding Company Limited
TW:5284
|
$494.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Lianfa Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,105,815,492 to 4,348,533,543, a change of 242,718,051 (5.9%).
- Net income of 303,687,410 contributed positively to equity growth.
- Dividend payments of 48,707,512 reduced retained earnings.
- Other comprehensive income decreased equity by 247,645,039.
- Other factors increased equity by 235,383,192.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥303.69 Million | +6.98% |
| Dividends Paid | CN¥48.71 Million | -1.12% |
| Other Comprehensive Income | CN¥-247.65 Million | -5.69% |
| Other Changes | CN¥235.38 Million | +5.41% |
| Total Change | CN¥- | 5.91% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Lianfa 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: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 17.61x to 0.78x 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¥0.59 | CN¥10.46 | x |
| 2007-12-31 | CN¥1.08 | CN¥10.46 | x |
| 2008-12-31 | CN¥1.43 | CN¥10.46 | x |
| 2009-12-31 | CN¥2.14 | CN¥10.46 | x |
| 2010-12-31 | CN¥6.28 | CN¥10.46 | x |
| 2011-12-31 | CN¥6.43 | CN¥10.46 | x |
| 2012-12-31 | CN¥6.94 | CN¥10.46 | x |
| 2013-12-31 | CN¥7.58 | CN¥10.46 | x |
| 2014-12-31 | CN¥8.07 | CN¥10.46 | x |
| 2015-12-31 | CN¥8.20 | CN¥10.46 | x |
| 2016-12-31 | CN¥8.82 | CN¥10.46 | x |
| 2017-12-31 | CN¥9.40 | CN¥10.46 | x |
| 2018-12-31 | CN¥9.92 | CN¥10.46 | x |
| 2019-12-31 | CN¥10.07 | CN¥10.46 | x |
| 2020-12-31 | CN¥10.95 | CN¥10.46 | x |
| 2021-12-31 | CN¥11.39 | CN¥10.46 | x |
| 2022-12-31 | CN¥12.23 | CN¥10.46 | x |
| 2023-12-31 | CN¥11.97 | CN¥10.46 | x |
| 2024-12-31 | CN¥12.63 | CN¥10.46 | x |
| 2025-12-31 | CN¥13.43 | CN¥10.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Lianfa 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): 6.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.56%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.37x
- Recent ROE (6.98%) is below the historical average (15.10%), 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 | 46.58% | 11.84% | 1.32x | 2.99x | CN¥62.60 Million |
| 2007 | 42.80% | 9.37% | 1.49x | 3.06x | CN¥87.71 Million |
| 2008 | 25.42% | 6.41% | 1.41x | 2.81x | CN¥55.31 Million |
| 2009 | 31.00% | 10.54% | 1.18x | 2.49x | CN¥109.15 Million |
| 2010 | 11.04% | 9.19% | 0.88x | 1.36x | CN¥19.23 Million |
| 2011 | 14.20% | 10.78% | 1.04x | 1.27x | CN¥87.76 Million |
| 2012 | 10.23% | 8.42% | 0.72x | 1.69x | CN¥5.16 Million |
| 2013 | 11.48% | 8.75% | 0.80x | 1.64x | CN¥36.18 Million |
| 2014 | 11.64% | 8.96% | 0.79x | 1.64x | CN¥42.85 Million |
| 2015 | 11.10% | 8.47% | 0.78x | 1.69x | CN¥29.16 Million |
| 2016 | 13.80% | 10.54% | 0.79x | 1.66x | CN¥108.52 Million |
| 2017 | 11.81% | 9.00% | 0.96x | 1.37x | CN¥55.26 Million |
| 2018 | 12.20% | 9.36% | 0.98x | 1.33x | CN¥70.48 Million |
| 2019 | 11.52% | 10.05% | 0.87x | 1.32x | CN¥52.01 Million |
| 2020 | 12.69% | 12.15% | 0.81x | 1.30x | CN¥99.75 Million |
| 2021 | 4.83% | 4.67% | 0.74x | 1.40x | CN¥-194.88 Million |
| 2022 | 4.01% | 3.79% | 0.71x | 1.48x | CN¥-238.79 Million |
| 2023 | 3.84% | 3.51% | 0.68x | 1.60x | CN¥-239.30 Million |
| 2024 | 4.91% | 4.82% | 0.70x | 1.46x | CN¥-209.03 Million |
| 2025 | 6.98% | 7.56% | 0.67x | 1.37x | CN¥-131.17 Million |
Industry Comparison
This section compares Jiangsu Lianfa 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 |
|---|---|---|---|---|
| Jiangsu Lianfa Textile Co Ltd (002394) | CN¥4.39 Billion | 46.58% | 0.28x | $495.46 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 Jiangsu Lianfa Textile Co Ltd
Jiangsu Lianfa Textile Co.,Ltd, together with its subsidiaries, manufactures and sells textile products in China, Japan, Europe, the United States, and internationally. The company offers fabric products, including long-staple cotton, textured, natural, and functional finishing fabrics; garment products, such as formal and casual shirts for men, and formal shirts and casual wear for women; and hi… Read more