Jiangsu Shentong Valve Co Ltd (002438) - Net Assets
Based on the latest financial reports, Jiangsu Shentong Valve Co Ltd (002438) has net assets worth CN¥3.80 Billion CNY (≈ $556.77 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¥6.22 Billion ≈ $910.40 Million USD) and total liabilities (CN¥2.42 Billion ≈ $353.64 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 002438 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.80 Billion |
| % of Total Assets | 61.16% |
| Annual Growth Rate | 23.69% |
| 5-Year Change | 55.67% |
| 10-Year Change | 205.26% |
| Growth Volatility | 70.53 |
Jiangsu Shentong Valve Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Jiangsu Shentong Valve Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangsu Shentong Valve Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Shentong Valve Co Ltd (2005–2025)
The table below shows the annual net assets of Jiangsu Shentong Valve Co Ltd from 2005 to 2025. For live valuation and market cap data, see Jiangsu Shentong Valve Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.72 Billion ≈ $544.35 Million |
+5.84% |
| 2024-12-31 | CN¥3.51 Billion ≈ $514.29 Million |
+7.23% |
| 2023-12-31 | CN¥3.28 Billion ≈ $479.63 Million |
+10.98% |
| 2022-12-31 | CN¥2.95 Billion ≈ $432.18 Million |
+23.60% |
| 2021-12-31 | CN¥2.39 Billion ≈ $349.67 Million |
+10.53% |
| 2020-12-31 | CN¥2.16 Billion ≈ $316.37 Million |
+9.73% |
| 2019-12-31 | CN¥1.97 Billion ≈ $288.31 Million |
+9.26% |
| 2018-12-31 | CN¥1.80 Billion ≈ $263.88 Million |
+6.52% |
| 2017-12-31 | CN¥1.69 Billion ≈ $247.73 Million |
+38.92% |
| 2016-12-31 | CN¥1.22 Billion ≈ $178.32 Million |
+7.66% |
| 2015-12-31 | CN¥1.13 Billion ≈ $165.63 Million |
+20.70% |
| 2014-12-31 | CN¥937.74 Million ≈ $137.22 Million |
+4.85% |
| 2013-12-31 | CN¥894.33 Million ≈ $130.87 Million |
+6.62% |
| 2012-12-31 | CN¥838.83 Million ≈ $122.75 Million |
+6.96% |
| 2011-12-31 | CN¥784.23 Million ≈ $114.76 Million |
+5.44% |
| 2010-12-31 | CN¥743.76 Million ≈ $108.84 Million |
+335.04% |
| 2009-12-31 | CN¥170.97 Million ≈ $25.02 Million |
+24.11% |
| 2008-12-31 | CN¥137.75 Million ≈ $20.16 Million |
+32.32% |
| 2007-12-31 | CN¥104.11 Million ≈ $15.23 Million |
+35.09% |
| 2006-12-31 | CN¥77.06 Million ≈ $11.28 Million |
+45.64% |
| 2005-12-31 | CN¥52.91 Million ≈ $7.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Shentong Valve 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 4882.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.81 Billion | 48.75% |
| Other Components | CN¥1.91 Billion | 51.25% |
| Total Equity | CN¥3.72 Billion | 100.00% |
Jiangsu Shentong Valve Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Shentong Valve Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhe Jiang Headman Machinery Co Ltd
SHG:688577
|
$1.15 Billion |
|
ABOUT YOU Holding AG
F:YOU
|
$1.15 Billion |
|
Caisse Régionale de Crédit Agricole Mutuel de Paris et d-Ile-de-France
PA:CAF
|
$1.15 Billion |
|
Brainbees Solutions Limited
NSE:FIRSTCRY
|
$1.15 Billion |
|
CHINA RISUN GROUP HD-10
F:45Y
|
$1.15 Billion |
|
Gempharmatech Co. Ltd. A
SHG:688046
|
$1.15 Billion |
|
Evotec SE ADR
NASDAQ:EVO
|
$1.15 Billion |
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
$1.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Shentong Valve Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,513,514,000 to 3,720,613,371, a change of 207,099,371 (5.9%).
- Net income of 285,409,060 contributed positively to equity growth.
- Dividend payments of 107,126,637 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥285.41 Million | +7.67% |
| Dividends Paid | CN¥107.13 Million | -2.88% |
| Other Changes | CN¥28.82 Million | +0.77% |
| Total Change | CN¥- | 5.89% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Shentong Valve 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: 2.11x
- 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 11.25x to 2.11x 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¥1.37 | CN¥15.46 | x |
| 2006-12-31 | CN¥1.99 | CN¥15.46 | x |
| 2007-12-31 | CN¥0.33 | CN¥15.46 | x |
| 2008-12-31 | CN¥0.44 | CN¥15.46 | x |
| 2009-12-31 | CN¥0.55 | CN¥15.46 | x |
| 2010-12-31 | CN¥2.02 | CN¥15.46 | x |
| 2011-12-31 | CN¥1.89 | CN¥15.46 | x |
| 2012-12-31 | CN¥2.02 | CN¥15.46 | x |
| 2013-12-31 | CN¥2.17 | CN¥15.46 | x |
| 2014-12-31 | CN¥2.27 | CN¥15.46 | x |
| 2015-12-31 | CN¥2.73 | CN¥15.46 | x |
| 2016-12-31 | CN¥2.52 | CN¥15.46 | x |
| 2017-12-31 | CN¥3.62 | CN¥15.46 | x |
| 2018-12-31 | CN¥3.72 | CN¥15.46 | x |
| 2019-12-31 | CN¥4.06 | CN¥15.46 | x |
| 2020-12-31 | CN¥4.45 | CN¥15.46 | x |
| 2021-12-31 | CN¥4.92 | CN¥15.46 | x |
| 2022-12-31 | CN¥5.82 | CN¥15.46 | x |
| 2023-12-31 | CN¥6.46 | CN¥15.46 | x |
| 2024-12-31 | CN¥6.92 | CN¥15.46 | x |
| 2025-12-31 | CN¥7.33 | CN¥15.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Shentong Valve 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): 7.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.40%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.67x
- Recent ROE (7.67%) is below the historical average (12.95%), 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 | 51.11% | 15.54% | 1.35x | 2.44x | CN¥21.77 Million |
| 2006 | 32.60% | 14.30% | 0.93x | 2.46x | CN¥17.41 Million |
| 2007 | 30.09% | 14.57% | 0.88x | 2.33x | CN¥20.91 Million |
| 2008 | 24.43% | 11.68% | 0.94x | 2.22x | CN¥19.87 Million |
| 2009 | 23.99% | 14.32% | 0.76x | 2.20x | CN¥23.91 Million |
| 2010 | 5.93% | 14.62% | 0.33x | 1.22x | CN¥-30.27 Million |
| 2011 | 6.49% | 13.47% | 0.34x | 1.40x | CN¥-27.56 Million |
| 2012 | 7.75% | 14.58% | 0.38x | 1.39x | CN¥-18.88 Million |
| 2013 | 7.37% | 12.89% | 0.41x | 1.39x | CN¥-23.54 Million |
| 2014 | 5.74% | 11.56% | 0.37x | 1.35x | CN¥-39.96 Million |
| 2015 | 1.46% | 3.88% | 0.24x | 1.55x | CN¥-96.61 Million |
| 2016 | 4.37% | 8.59% | 0.31x | 1.65x | CN¥-66.37 Million |
| 2017 | 3.63% | 8.26% | 0.26x | 1.69x | CN¥-109.67 Million |
| 2018 | 5.73% | 9.50% | 0.33x | 1.83x | CN¥-76.99 Million |
| 2019 | 8.73% | 12.76% | 0.40x | 1.70x | CN¥-24.99 Million |
| 2020 | 9.99% | 13.63% | 0.44x | 1.66x | CN¥-167.15K |
| 2021 | 10.60% | 13.27% | 0.44x | 1.84x | CN¥14.44 Million |
| 2022 | 7.70% | 11.64% | 0.34x | 1.96x | CN¥-67.79 Million |
| 2023 | 8.20% | 12.60% | 0.36x | 1.78x | CN¥-58.90 Million |
| 2024 | 8.39% | 13.76% | 0.35x | 1.73x | CN¥-56.47 Million |
| 2025 | 7.67% | 13.40% | 0.34x | 1.67x | CN¥-86.65 Million |
Industry Comparison
This section compares Jiangsu Shentong Valve 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 |
|---|---|---|---|---|
| Jiangsu Shentong Valve Co Ltd (002438) | CN¥3.80 Billion | 51.11% | 0.64x | $1.15 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 Jiangsu Shentong Valve Co Ltd
Jiangsu Shentong Valve Co., Ltd. researches, develops, produces, and sells special valves in China and internationally. The company primarily offers butterfly valves, ball valves, gate valves, globe valves, check valves, regulating valves, special valves, and non-standard valves. Its products are used in metallurgy, nuclear power, thermal power, petrochemical, coal chemical, the gathering and tra… Read more