Jiangsu Boamax Technologies Group Co Ltd (002514) - Net Assets
Based on the latest financial reports, Jiangsu Boamax Technologies Group Co Ltd (002514) has net assets worth CN¥123.18 Million CNY (≈ $18.03 Million USD) 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 ≈ $248.81 Million USD) and total liabilities (CN¥1.58 Billion ≈ $230.79 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 002514 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Jiangsu Boamax Technologies Group Co Ltd asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Jiangsu Boamax Technologies Group Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥177.70 Million ≈ $26.00 Million |
-85.69% |
| 2023-12-31 | CN¥1.24 Billion ≈ $181.76 Million |
-12.86% |
| 2022-12-31 | CN¥1.43 Billion ≈ $208.58 Million |
+121.39% |
| 2021-12-31 | CN¥643.84 Million ≈ $94.21 Million |
+1.66% |
| 2020-12-31 | CN¥633.35 Million ≈ $92.68 Million |
-38.25% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.09 Million |
+8.54% |
| 2018-12-31 | CN¥944.96 Million ≈ $138.28 Million |
+9.79% |
| 2017-12-31 | CN¥860.67 Million ≈ $125.94 Million |
+4.49% |
| 2016-12-31 | CN¥823.72 Million ≈ $120.54 Million |
-18.98% |
| 2015-12-31 | CN¥1.02 Billion ≈ $148.77 Million |
+5.15% |
| 2014-12-31 | CN¥966.88 Million ≈ $141.48 Million |
+79.86% |
| 2013-12-31 | CN¥537.57 Million ≈ $78.66 Million |
+3.52% |
| 2012-12-31 | CN¥519.28 Million ≈ $75.99 Million |
+3.12% |
| 2011-12-31 | CN¥503.58 Million ≈ $73.69 Million |
-0.61% |
| 2010-12-31 | CN¥506.67 Million ≈ $74.14 Million |
+356.05% |
| 2009-12-31 | CN¥111.10 Million ≈ $16.26 Million |
+3.93% |
| 2008-12-31 | CN¥106.90 Million ≈ $15.64 Million |
+30.66% |
| 2007-12-31 | CN¥81.81 Million ≈ $11.97 Million |
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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 |
|---|---|
|
Gladstone Investment Corporation 8.00% Notes due 2028
NASDAQ:GAINL
|
$358.34 Million |
|
Guangdong Tengen Industrial Group C
SHE:003003
|
$358.42 Million |
|
Lycopodium Ltd
AU:LYL
|
$358.51 Million |
|
Zhejiang Dilong New Material Co Ltd
SHE:002247
|
$358.59 Million |
|
Greenyard NV
BR:GREEN
|
$358.22 Million |
|
Autosports Group Ltd
AU:ASG
|
$358.20 Million |
|
JW Pharmaceutical Corp
KO:001065
|
$358.17 Million |
|
Vox Royalty Corp.
TO:VOXR
|
$358.04 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 767,236,798 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 16,494,045.
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: 13.78x
- 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 15.68x to 13.78x 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¥3.40 | x |
| 2008-12-31 | CN¥0.31 | CN¥3.40 | x |
| 2009-12-31 | CN¥0.32 | CN¥3.40 | x |
| 2010-12-31 | CN¥1.50 | CN¥3.40 | x |
| 2011-12-31 | CN¥1.14 | CN¥3.40 | x |
| 2012-12-31 | CN¥1.18 | CN¥3.40 | x |
| 2013-12-31 | CN¥1.18 | CN¥3.40 | x |
| 2014-12-31 | CN¥1.96 | CN¥3.40 | x |
| 2015-12-31 | CN¥1.70 | CN¥3.40 | x |
| 2016-12-31 | CN¥1.47 | CN¥3.40 | x |
| 2017-12-31 | CN¥1.52 | CN¥3.40 | x |
| 2018-12-31 | CN¥1.71 | CN¥3.40 | x |
| 2019-12-31 | CN¥1.83 | CN¥3.40 | x |
| 2020-12-31 | CN¥1.12 | CN¥3.40 | x |
| 2021-12-31 | CN¥1.14 | CN¥3.40 | x |
| 2022-12-31 | CN¥1.84 | CN¥3.40 | x |
| 2023-12-31 | CN¥1.32 | CN¥3.40 | x |
| 2024-12-31 | CN¥0.25 | CN¥3.40 | 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 (-20.92%), 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 | -62.74% | -78.51% | 0.34x | 2.36x | CN¥-451.12 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: $2,595,589,885
- Average return on equity (ROE) among peers: 15.92%
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 | $358.24 Million |
| China International Marine Containers Group Ltd (000039) | $15.83 Billion | 6.06% | 1.36x | $4.17 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $173.81 Million | 3.39% | 0.48x | $384.89 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.31 Billion | 2.26% | 0.75x | $411.84 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.73 Billion | 3.33% | 0.42x | $1.17 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.81 Billion | 5.91% | 0.16x | $1.60 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $613.74 Million | 27.25% | 0.30x | $1.85 Billion |
| Dajin Heavy Industry Corp (002487) | $127.95 Million | 47.21% | 0.98x | $7.84 Billion |
| Guangzheng Group Co Ltd (002524) | $341.38 Million | 10.82% | 4.36x | $332.55 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $435.46 Million | 37.06% | 4.62x | $1.96 Billion |
About 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