Jiangxi Haiyuan Composites Technology Co Ltd
Jiangxi Haiyuan Composites Technology Co., Ltd. research, develops, manufactures, and sells composite lightweight products, new intelligent machinery and equipment, and photovoltaic modules in China and internationally. It provides wall material forming equipment, such as automatic hydraulic press and production line; refractory material forming equipment, including automatic hydraulic press and … Read more
Jiangxi Haiyuan Composites Technology Co Ltd (002529) - Net Assets
Latest net assets as of September 2025: CN¥193.33 Million CNY
Based on the latest financial reports, Jiangxi Haiyuan Composites Technology Co Ltd (002529) has net assets worth CN¥193.33 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¥796.27 Million) and total liabilities (CN¥602.94 Million). 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¥193.33 Million |
| % of Total Assets | 24.28% |
| Annual Growth Rate | 14.74% |
| 5-Year Change | -66.04% |
| 10-Year Change | -70.87% |
| Growth Volatility | 85.09 |
Jiangxi Haiyuan Composites Technology Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Jiangxi Haiyuan Composites Technology 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 Jiangxi Haiyuan Composites Technology Co Ltd (2005–2024)
The table below shows the annual net assets of Jiangxi Haiyuan Composites Technology Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥291.01 Million | -35.29% |
| 2023-12-31 | CN¥449.68 Million | -24.39% |
| 2022-12-31 | CN¥594.73 Million | -20.55% |
| 2021-12-31 | CN¥748.52 Million | -12.65% |
| 2020-12-31 | CN¥856.93 Million | +4.10% |
| 2019-12-31 | CN¥823.15 Million | -40.92% |
| 2018-12-31 | CN¥1.39 Billion | -11.13% |
| 2017-12-31 | CN¥1.57 Billion | +0.47% |
| 2016-12-31 | CN¥1.56 Billion | +56.20% |
| 2015-12-31 | CN¥998.95 Million | +0.35% |
| 2014-12-31 | CN¥995.44 Million | -0.21% |
| 2013-12-31 | CN¥997.53 Million | +0.46% |
| 2012-12-31 | CN¥992.93 Million | -2.17% |
| 2011-12-31 | CN¥1.01 Billion | -0.49% |
| 2010-12-31 | CN¥1.02 Billion | +221.06% |
| 2009-12-31 | CN¥317.67 Million | +23.35% |
| 2008-12-31 | CN¥257.53 Million | +29.78% |
| 2007-12-31 | CN¥198.44 Million | +144.11% |
| 2006-12-31 | CN¥81.29 Million | +280.82% |
| 2005-12-31 | CN¥21.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Haiyuan Composites Technology 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 33630.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥260.00 Million | 89.34% |
| Other Comprehensive Income | CN¥60.34 Million | 20.73% |
| Other Components | CN¥1.15 Billion | 394.76% |
| Total Equity | CN¥291.01 Million | 100.00% |
Jiangxi Haiyuan Composites Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangxi Haiyuan Composites Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Knowit AB
LSE:0GNK
|
$191.88 Million |
|
High Tide Inc
NASDAQ:HITI
|
$191.93 Million |
|
Aurora Design PCL
BK:AURA
|
$191.95 Million |
|
AKR CORPORINDO (RK6A.SG)
STU:RK6A
|
$191.99 Million |
|
Motech Industries Co Ltd
TWO:6244
|
$191.85 Million |
|
MCBC Holdings Inc
NASDAQ:MCFT
|
$191.75 Million |
|
enGene Holdings Inc. Common Stock
NASDAQ:ENGN
|
$191.67 Million |
|
Ventive Hospitality Ltd
NSE:VENTIVE
|
$191.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Haiyuan Composites Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 449,683,898 to 291,009,696, a change of -158,674,202 (-35.3%).
- Net loss of 159,879,143 reduced equity.
- Dividend payments of 9,348,928 reduced retained earnings.
- Other comprehensive income increased equity by 1,204,941.
- Other factors increased equity by 9,348,928.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-159.88 Million | -54.94% |
| Dividends Paid | CN¥9.35 Million | -3.21% |
| Other Comprehensive Income | CN¥1.20 Million | +0.41% |
| Other Changes | CN¥9.35 Million | +3.21% |
| Total Change | CN¥- | -35.29% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Haiyuan Composites Technology 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: 6.46x
- 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 7.07x to 6.46x 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¥1.02 | CN¥7.23 | x |
| 2006-12-31 | CN¥3.15 | CN¥7.23 | x |
| 2007-12-31 | CN¥1.34 | CN¥7.23 | x |
| 2008-12-31 | CN¥1.71 | CN¥7.23 | x |
| 2009-12-31 | CN¥2.11 | CN¥7.23 | x |
| 2010-12-31 | CN¥6.84 | CN¥7.23 | x |
| 2011-12-31 | CN¥5.05 | CN¥7.23 | x |
| 2012-12-31 | CN¥4.49 | CN¥7.23 | x |
| 2013-12-31 | CN¥4.56 | CN¥7.23 | x |
| 2014-12-31 | CN¥4.98 | CN¥7.23 | x |
| 2015-12-31 | CN¥4.98 | CN¥7.23 | x |
| 2016-12-31 | CN¥6.64 | CN¥7.23 | x |
| 2017-12-31 | CN¥6.04 | CN¥7.23 | x |
| 2018-12-31 | CN¥5.36 | CN¥7.23 | x |
| 2019-12-31 | CN¥3.17 | CN¥7.23 | x |
| 2020-12-31 | CN¥3.30 | CN¥7.23 | x |
| 2021-12-31 | CN¥2.88 | CN¥7.23 | x |
| 2022-12-31 | CN¥2.29 | CN¥7.23 | x |
| 2023-12-31 | CN¥1.73 | CN¥7.23 | x |
| 2024-12-31 | CN¥1.12 | CN¥7.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Haiyuan Composites Technology 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): -54.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -85.30%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 3.00x
- Recent ROE (-54.94%) is below the historical average (-0.65%), 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 | 19.57% | 7.17% | 0.87x | 3.12x | CN¥2.04 Million |
| 2006 | 74.49% | 39.63% | 0.77x | 2.43x | CN¥52.42 Million |
| 2007 | 41.20% | 32.53% | 0.74x | 1.72x | CN¥61.90 Million |
| 2008 | 22.95% | 25.41% | 0.51x | 1.77x | CN¥33.34 Million |
| 2009 | 18.93% | 22.83% | 0.47x | 1.78x | CN¥28.38 Million |
| 2010 | 6.08% | 17.83% | 0.25x | 1.35x | CN¥-39.96 Million |
| 2011 | 4.43% | 11.98% | 0.32x | 1.14x | CN¥-56.50 Million |
| 2012 | 0.71% | 2.83% | 0.23x | 1.09x | CN¥-92.22 Million |
| 2013 | 0.88% | 3.47% | 0.22x | 1.13x | CN¥-91.00 Million |
| 2014 | 0.32% | 1.57% | 0.18x | 1.14x | CN¥-96.31 Million |
| 2015 | 0.28% | 1.22% | 0.19x | 1.22x | CN¥-97.09 Million |
| 2016 | -2.45% | -18.60% | 0.11x | 1.22x | CN¥-194.21 Million |
| 2017 | 0.45% | 2.57% | 0.14x | 1.21x | CN¥-149.76 Million |
| 2018 | -12.57% | -72.78% | 0.13x | 1.38x | CN¥-314.42 Million |
| 2019 | -65.05% | -246.02% | 0.15x | 1.78x | CN¥-617.80 Million |
| 2020 | 3.84% | 10.94% | 0.24x | 1.44x | CN¥-52.83 Million |
| 2021 | -14.62% | -43.10% | 0.24x | 1.41x | CN¥-184.31 Million |
| 2022 | -25.16% | -41.11% | 0.29x | 2.14x | CN¥-209.10 Million |
| 2023 | -32.25% | -45.81% | 0.29x | 2.44x | CN¥-190.01 Million |
| 2024 | -54.94% | -85.30% | 0.21x | 3.00x | CN¥-188.98 Million |
Industry Comparison
This section compares Jiangxi Haiyuan Composites Technology 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Haiyuan Composites Technology Co Ltd (002529) | CN¥193.33 Million | 19.57% | 3.12x | $191.86 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |