Jiangsu Boamax Technologies Group Co Ltd
Jiangsu Boamax Technologies Group Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of photovoltaic cells and modules in China and internationally. It offers heterojunction solar cells, photovoltaic modules, and charging and swapping products, including liquid-cooled supercharging, DC and AC charging pile, and heavy truck battery swapping station… Read more
Jiangsu Boamax Technologies Group Co Ltd (002514) - Net Assets
Latest net assets as of September 2025: CN¥123.18 Million CNY
Based on the latest financial reports, Jiangsu Boamax Technologies Group Co Ltd (002514) has net assets worth CN¥123.18 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.70 Billion) and total liabilities (CN¥1.58 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥123.18 Million |
| % of Total Assets | 7.24% |
| Annual Growth Rate | 4.67% |
| 5-Year Change | -71.94% |
| 10-Year Change | -82.52% |
| Growth Volatility | 92.46 |
Jiangsu Boamax Technologies Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Jiangsu Boamax Technologies Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangsu Boamax Technologies Group Co Ltd (2007–2024)
The table below shows the annual net assets of Jiangsu Boamax Technologies Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥177.70 Million | -85.69% |
| 2023-12-31 | CN¥1.24 Billion | -12.86% |
| 2022-12-31 | CN¥1.43 Billion | +121.39% |
| 2021-12-31 | CN¥643.84 Million | +1.66% |
| 2020-12-31 | CN¥633.35 Million | -38.25% |
| 2019-12-31 | CN¥1.03 Billion | +8.54% |
| 2018-12-31 | CN¥944.96 Million | +9.79% |
| 2017-12-31 | CN¥860.67 Million | +4.49% |
| 2016-12-31 | CN¥823.72 Million | -18.98% |
| 2015-12-31 | CN¥1.02 Billion | +5.15% |
| 2014-12-31 | CN¥966.88 Million | +79.86% |
| 2013-12-31 | CN¥537.57 Million | +3.52% |
| 2012-12-31 | CN¥519.28 Million | +3.12% |
| 2011-12-31 | CN¥503.58 Million | -0.61% |
| 2010-12-31 | CN¥506.67 Million | +356.05% |
| 2009-12-31 | CN¥111.10 Million | +3.93% |
| 2008-12-31 | CN¥106.90 Million | +30.66% |
| 2007-12-31 | CN¥81.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Boamax Technologies Group 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 decreased by 9522.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥720.03 Million | 405.20% |
| Other Comprehensive Income | CN¥28.12 Million | 15.82% |
| Other Components | CN¥588.01 Million | 330.90% |
| Total Equity | CN¥177.70 Million | 100.00% |
Jiangsu Boamax Technologies Group Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Boamax Technologies Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Holtek Semiconductor Inc
TW:6202
|
$292.47 Million |
|
Cinda Real Estate Co Ltd
SHG:600657
|
$292.49 Million |
|
Danal Co. Ltd
KQ:064260
|
$292.50 Million |
|
Hubei Biocause Heilen Pharmaceutical Co. Ltd.
SHE:301211
|
$292.65 Million |
|
Gemini Space Station, Inc. Class A Common Stock
NASDAQ:GEMI
|
$292.38 Million |
|
Natures Sunshine Products Inc
NASDAQ:NATR
|
$292.35 Million |
|
Kosy JSC
VN:KOS
|
$292.33 Million |
|
Dabaco
VN:DBC
|
$292.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Boamax Technologies Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 948,411,662 to 177,697,740, a change of -770,713,922 (-81.3%).
- Net loss of 767,236,803 reduced equity.
- Dividend payments of 22,708,336 reduced retained earnings.
- Other comprehensive income increased equity by 35,725,257.
- Other factors decreased equity by 16,494,040.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-767.24 Million | -431.77% |
| Dividends Paid | CN¥22.71 Million | -12.78% |
| Other Comprehensive Income | CN¥35.73 Million | +20.1% |
| Other Changes | CN¥-16.49 Million | -9.28% |
| Total Change | CN¥- | -81.26% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Boamax Technologies Group 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: 19.77x
- 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 22.51x to 19.77x 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¥0.22 | CN¥4.88 | x |
| 2008-12-31 | CN¥0.31 | CN¥4.88 | x |
| 2009-12-31 | CN¥0.32 | CN¥4.88 | x |
| 2010-12-31 | CN¥1.50 | CN¥4.88 | x |
| 2011-12-31 | CN¥1.14 | CN¥4.88 | x |
| 2012-12-31 | CN¥1.18 | CN¥4.88 | x |
| 2013-12-31 | CN¥1.18 | CN¥4.88 | x |
| 2014-12-31 | CN¥1.96 | CN¥4.88 | x |
| 2015-12-31 | CN¥3.41 | CN¥4.88 | x |
| 2016-12-31 | CN¥1.47 | CN¥4.88 | x |
| 2017-12-31 | CN¥1.52 | CN¥4.88 | x |
| 2018-12-31 | CN¥1.71 | CN¥4.88 | x |
| 2019-12-31 | CN¥1.83 | CN¥4.88 | x |
| 2020-12-31 | CN¥1.12 | CN¥4.88 | x |
| 2021-12-31 | CN¥1.14 | CN¥4.88 | x |
| 2022-12-31 | CN¥2.07 | CN¥4.88 | x |
| 2023-12-31 | CN¥1.32 | CN¥4.88 | x |
| 2024-12-31 | CN¥0.25 | CN¥4.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Boamax Technologies Group 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): -431.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -228.39%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 10.56x
- Recent ROE (-431.77%) is below the historical average (-20.94%), 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 | 39.64% | 22.67% | 0.87x | 2.00x | CN¥20.39 Million |
| 2008 | 31.85% | 21.03% | 0.90x | 1.68x | CN¥21.89 Million |
| 2009 | 30.63% | 18.57% | 0.91x | 1.80x | CN¥21.51 Million |
| 2010 | 9.18% | 17.14% | 0.43x | 1.24x | CN¥-4.11 Million |
| 2011 | 7.66% | 13.18% | 0.52x | 1.12x | CN¥-11.60 Million |
| 2012 | 4.86% | 8.63% | 0.50x | 1.14x | CN¥-26.36 Million |
| 2013 | 3.83% | 6.19% | 0.50x | 1.24x | CN¥-32.77 Million |
| 2014 | 1.79% | 4.02% | 0.34x | 1.30x | CN¥-77.53 Million |
| 2015 | 4.69% | 8.94% | 0.37x | 1.41x | CN¥-52.88 Million |
| 2016 | -21.70% | -32.62% | 0.40x | 1.64x | CN¥-261.10 Million |
| 2017 | 4.61% | 7.24% | 0.34x | 1.86x | CN¥-46.38 Million |
| 2018 | 9.98% | 11.68% | 0.43x | 1.98x | CN¥-184.02K |
| 2019 | 6.56% | 8.02% | 0.46x | 1.76x | CN¥-34.81 Million |
| 2020 | -62.98% | -78.82% | 0.34x | 2.36x | CN¥-452.64 Million |
| 2021 | 1.96% | 1.94% | 0.45x | 2.24x | CN¥-50.57 Million |
| 2022 | 2.66% | 4.44% | 0.29x | 2.05x | CN¥-83.94 Million |
| 2023 | -20.33% | -33.20% | 0.20x | 3.05x | CN¥-287.66 Million |
| 2024 | -431.77% | -228.39% | 0.18x | 10.56x | CN¥-785.01 Million |
Industry Comparison
This section compares Jiangsu Boamax Technologies Group Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,275,878,995
- Average return on equity (ROE) among peers: 10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Boamax Technologies Group Co Ltd (002514) | CN¥123.18 Million | 39.64% | 12.80x | $292.45 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |