Jiangsu Rainbow Heavy Industries Co Ltd Net Assets
Jiangsu Rainbow Heavy Industries Co Ltd net assets. Based on the latest financial reports, Jiangsu Rainbow Heavy Industries Co Ltd (002483) has net assets worth CN¥5.17 Billion CNY (≈ $757.04 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¥12.70 Billion ≈ $1.86 Billion USD) and total liabilities (CN¥7.53 Billion ≈ $1.10 Billion 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. Also explore net asset momentum of Jiangsu Rainbow Heavy Industries Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.17 Billion |
| % of Total Assets | 40.73% |
| Annual Growth Rate | 21.26% |
| 5-Year Change | 17.57% |
| 10-Year Change | 79.99% |
| Growth Volatility | 140.43 |
Net Assets of Jiangsu Rainbow Heavy Industries Co Ltd (2007–2025)
Net assets of Jiangsu Rainbow Heavy Industries Co Ltd from 2007 to 2025. This chart illustrates how Jiangsu Rainbow Heavy Industries Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangsu Rainbow Heavy Industries Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Jiangsu Rainbow Heavy Industries Co Ltd (2007–2025)
The table below shows the annual net assets of Jiangsu Rainbow Heavy Industries Co Ltd from 2007 to 2025. For live market cap and overall valuation, see 002483 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.09 Billion ≈ $745.56 Million |
+4.55% |
| 2024-12-31 | CN¥4.87 Billion ≈ $713.14 Million |
+14.09% |
| 2023-12-31 | CN¥4.27 Billion ≈ $625.04 Million |
+3.96% |
| 2022-12-31 | CN¥4.11 Billion ≈ $601.26 Million |
-5.19% |
| 2021-12-31 | CN¥4.33 Billion ≈ $634.16 Million |
+7.47% |
| 2020-12-31 | CN¥4.03 Billion ≈ $590.06 Million |
+33.69% |
| 2019-12-31 | CN¥3.02 Billion ≈ $441.36 Million |
+1.87% |
| 2018-12-31 | CN¥2.96 Billion ≈ $433.26 Million |
+2.97% |
| 2017-12-31 | CN¥2.88 Billion ≈ $420.74 Million |
+1.58% |
| 2016-12-31 | CN¥2.83 Billion ≈ $414.21 Million |
+6.92% |
| 2015-12-31 | CN¥2.65 Billion ≈ $387.42 Million |
+7.20% |
| 2014-12-31 | CN¥2.47 Billion ≈ $361.42 Million |
+4.38% |
| 2013-12-31 | CN¥2.37 Billion ≈ $346.24 Million |
+1.98% |
| 2012-12-31 | CN¥2.32 Billion ≈ $339.50 Million |
+14.52% |
| 2011-12-31 | CN¥2.03 Billion ≈ $296.46 Million |
+11.07% |
| 2010-12-31 | CN¥1.82 Billion ≈ $266.91 Million |
+621.17% |
| 2009-12-31 | CN¥252.92 Million ≈ $37.01 Million |
+27.34% |
| 2008-12-31 | CN¥198.62 Million ≈ $29.06 Million |
+25.22% |
| 2007-12-31 | CN¥158.61 Million ≈ $23.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Rainbow Heavy Industries 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 1367.3% over the analyzed period, indicating profitable operations and earnings retention.
Jiangsu Rainbow Heavy Industries Co Ltd Net Assets Breakdown (December 2025)
Jiangsu Rainbow Heavy Industries Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.22 Billion | 26.97% |
| Other Components | CN¥3.31 Billion | 73.03% |
| Total Equity | CN¥4.53 Billion | 100.00% |
Jiangsu Rainbow Heavy Industries Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Rainbow Heavy Industries Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yesway, Inc. Class A Common Stock
NASDAQ:YSWY
|
$722.57 Million |
|
Lotte Confectionery Co Ltd
KO:280360
|
$722.59 Million |
|
VersaBank
TO:VBNK
|
$722.77 Million |
|
Plato Income Maximiser Ltd
AU:PL8
|
$723.05 Million |
|
Pakuwon Jati Tbk
JK:PWON
|
$722.42 Million |
|
CFM Indosuez Wealth SA
PA:MLCFM
|
$721.98 Million |
|
Recticel
BR:RECT
|
$721.75 Million |
|
Jinxi Axle Co Ltd
SHG:600495
|
$721.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Rainbow Heavy Industries Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,380,767,984 to 4,527,004,363, a change of 146,236,379 (3.3%).
- Net income of 360,501,548 contributed positively to equity growth.
- Dividend payments of 293,984,758 reduced retained earnings.
- Other comprehensive income decreased equity by 133,648,920.
- Other factors increased equity by 213,368,509.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥360.50 Million | +7.96% |
| Dividends Paid | CN¥293.98 Million | -6.49% |
| Other Comprehensive Income | CN¥-133.65 Million | -2.95% |
| Other Changes | CN¥213.37 Million | +4.71% |
| Total Change | CN¥- | 3.34% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Rainbow Heavy Industries 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: 1.09x
- 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 15.18x to 1.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.37 | CN¥5.57 | x |
| 2008-12-31 | CN¥0.45 | CN¥5.57 | x |
| 2009-12-31 | CN¥0.59 | CN¥5.57 | x |
| 2010-12-31 | CN¥3.91 | CN¥5.57 | x |
| 2011-12-31 | CN¥3.49 | CN¥5.57 | x |
| 2012-12-31 | CN¥3.60 | CN¥5.57 | x |
| 2013-12-31 | CN¥3.70 | CN¥5.57 | x |
| 2014-12-31 | CN¥3.84 | CN¥5.57 | x |
| 2015-12-31 | CN¥3.84 | CN¥5.57 | x |
| 2016-12-31 | CN¥3.47 | CN¥5.57 | x |
| 2017-12-31 | CN¥3.77 | CN¥5.57 | x |
| 2018-12-31 | CN¥3.85 | CN¥5.57 | x |
| 2019-12-31 | CN¥3.93 | CN¥5.57 | x |
| 2020-12-31 | CN¥4.47 | CN¥5.57 | x |
| 2021-12-31 | CN¥4.50 | CN¥5.57 | x |
| 2022-12-31 | CN¥4.49 | CN¥5.57 | x |
| 2023-12-31 | CN¥4.33 | CN¥5.57 | x |
| 2024-12-31 | CN¥4.97 | CN¥5.57 | x |
| 2025-12-31 | CN¥5.11 | CN¥5.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Rainbow Heavy Industries 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): 7.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.26%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.83x
- Recent ROE (7.96%) is below the historical average (11.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 47.32% | 17.39% | 0.95x | 2.85x | CN¥59.29 Million |
| 2008 | 43.45% | 11.27% | 0.84x | 4.59x | CN¥64.78 Million |
| 2009 | 59.15% | 13.46% | 1.49x | 2.94x | CN¥124.31 Million |
| 2010 | 10.08% | 14.06% | 0.57x | 1.25x | CN¥1.40 Million |
| 2011 | 9.85% | 11.17% | 0.69x | 1.27x | CN¥-2.94 Million |
| 2012 | 4.45% | 5.02% | 0.60x | 1.47x | CN¥-115.04 Million |
| 2013 | 4.74% | 4.39% | 0.73x | 1.47x | CN¥-112.12 Million |
| 2014 | 4.72% | 4.68% | 0.61x | 1.64x | CN¥-115.55 Million |
| 2015 | -19.69% | -24.13% | 0.42x | 1.92x | CN¥-694.36 Million |
| 2016 | 3.46% | 2.97% | 0.61x | 1.92x | CN¥-158.46 Million |
| 2017 | 3.45% | 4.62% | 0.42x | 1.77x | CN¥-161.56 Million |
| 2018 | 2.60% | 3.34% | 0.43x | 1.80x | CN¥-186.67 Million |
| 2019 | 5.35% | 6.06% | 0.43x | 2.04x | CN¥-121.94 Million |
| 2020 | 6.48% | 7.09% | 0.48x | 1.90x | CN¥-138.91 Million |
| 2021 | 8.22% | 9.08% | 0.47x | 1.91x | CN¥-75.48 Million |
| 2022 | 1.34% | 1.03% | 0.50x | 2.60x | CN¥-344.99 Million |
| 2023 | 1.38% | 0.77% | 0.67x | 2.68x | CN¥-344.66 Million |
| 2024 | 11.07% | 5.90% | 0.78x | 2.41x | CN¥46.89 Million |
| 2025 | 7.96% | 5.26% | 0.53x | 2.83x | CN¥-92.20 Million |
Industry Comparison
This section compares Jiangsu Rainbow Heavy Industries 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: $1,610,457,623
- Average return on equity (ROE) among peers: -20.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Rainbow Heavy Industries Co Ltd (002483) | CN¥5.17 Billion | 47.32% | 1.45x | $722.53 Million |
| Huayi Compressor Co Ltd (000404) | $3.96 Billion | 2.45% | 1.52x | $646.72 Million |
| Shenyang Machine Tool Co Ltd (000410) | $347.22 Million | -208.15% | 15.00x | $2.26 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $362.41 Million | 3.17% | 0.33x | $2.79 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.21 Billion | 1.93% | 1.36x | $757.23 Million |
| Changchai Co Ltd (000570) | $2.29 Billion | 2.29% | 0.72x | $399.26 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.83 Billion | 2.42% | 1.03x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $369.61 Million | -32.34% | 1.35x | $779.79 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $544.26 Million | 41.46% | 0.41x | $823.64 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $579.69 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $873.67 Million | 7.43% | 0.68x | $1.40 Billion |
About Jiangsu Rainbow Heavy Industries Co Ltd
Jiangsu Rainbow Heavy Industries Co., Ltd. engages in equipment manufacturing and environmental protection businesses in China. The company operates through Ship and Offshore Engineering Equipment; and Material Lifting and Handling Equipment segments. Its Ship and Offshore Engineering Equipment segment includes special transport vessels, offshore vessels, offshore wind power foundations, LNG fuel… Read more