Jiangxi Haiyuan Composites Technology Co Ltd (002529) - Net Assets

Latest as of September 2025: CN¥193.33 Million CNY ≈ $28.29 Million USD

Based on the latest financial reports, Jiangxi Haiyuan Composites Technology Co Ltd (002529) has net assets worth CN¥193.33 Million CNY (≈ $28.29 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¥796.27 Million ≈ $116.52 Million USD) and total liabilities (CN¥602.94 Million ≈ $88.23 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 Jiangxi Haiyuan Composites Technology Co liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 002529 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Jiangxi Haiyuan Composites Technology Co.

Year	Net Assets	Change
2024-12-31	CN¥291.01 Million ≈ $42.58 Million	-35.29%
2023-12-31	CN¥449.68 Million ≈ $65.80 Million	-24.39%
2022-12-31	CN¥594.73 Million ≈ $87.03 Million	-20.55%
2021-12-31	CN¥748.52 Million ≈ $109.53 Million	-12.65%
2020-12-31	CN¥856.93 Million ≈ $125.40 Million	+4.10%
2019-12-31	CN¥823.15 Million ≈ $120.45 Million	-40.92%
2018-12-31	CN¥1.39 Billion ≈ $203.87 Million	-11.13%
2017-12-31	CN¥1.57 Billion ≈ $229.39 Million	+0.47%
2016-12-31	CN¥1.56 Billion ≈ $228.33 Million	+56.20%
2015-12-31	CN¥998.95 Million ≈ $146.18 Million	+0.35%
2014-12-31	CN¥995.44 Million ≈ $145.66 Million	-0.21%
2013-12-31	CN¥997.53 Million ≈ $145.97 Million	+0.46%
2012-12-31	CN¥992.93 Million ≈ $145.30 Million	-2.17%
2011-12-31	CN¥1.01 Billion ≈ $148.51 Million	-0.49%
2010-12-31	CN¥1.02 Billion ≈ $149.25 Million	+221.06%
2009-12-31	CN¥317.67 Million ≈ $46.49 Million	+23.35%
2008-12-31	CN¥257.53 Million ≈ $37.68 Million	+29.78%
2007-12-31	CN¥198.44 Million ≈ $29.04 Million	+144.11%
2006-12-31	CN¥81.29 Million ≈ $11.90 Million	+280.82%
2005-12-31	CN¥21.35 Million ≈ $3.12 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
MTM Critical Metals Ltd AU:MTM	$294.57 Million
Rojana Industrial Park Public Company Limited BK:ROJNA	$294.73 Million
Palladyne AI Corp NASDAQ:PDYN	$294.78 Million
KC Co. Ltd KO:029460	$294.96 Million
Ngx Energy International Corp V:GASX	$294.42 Million
Pihlajalinna Oy HE:PIHLIS	$294.35 Million
GAEC Educacao SA SA:ANIM3	$294.35 Million
FrontView REIT, Inc. NYSE:FVR	$294.35 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: 6.92x
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 7.57x to 6.92x 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¥7.74	x
2006-12-31	CN¥3.15	CN¥7.74	x
2007-12-31	CN¥1.34	CN¥7.74	x
2008-12-31	CN¥1.71	CN¥7.74	x
2009-12-31	CN¥2.11	CN¥7.74	x
2010-12-31	CN¥6.84	CN¥7.74	x
2011-12-31	CN¥5.05	CN¥7.74	x
2012-12-31	CN¥4.49	CN¥7.74	x
2013-12-31	CN¥4.56	CN¥7.74	x
2014-12-31	CN¥4.98	CN¥7.74	x
2015-12-31	CN¥4.98	CN¥7.74	x
2016-12-31	CN¥6.64	CN¥7.74	x
2017-12-31	CN¥6.04	CN¥7.74	x
2018-12-31	CN¥5.36	CN¥7.74	x
2019-12-31	CN¥3.17	CN¥7.74	x
2020-12-31	CN¥3.30	CN¥7.74	x
2021-12-31	CN¥2.88	CN¥7.74	x
2022-12-31	CN¥2.29	CN¥7.74	x
2023-12-31	CN¥1.73	CN¥7.74	x
2024-12-31	CN¥1.12	CN¥7.74	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: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

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	$294.48 Million
Huayi Compressor Co Ltd (000404)	$4.89 Billion	8.55%	1.57x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$824.03 Million	-170.30%	29.09x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$319.51 Million	4.81%	0.48x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$3.45 Billion	2.58%	0.60x	$520.37 Million
Changchai Co Ltd (000570)	$3.36 Billion	2.28%	0.55x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$327.45 Million	-65.69%	8.93x	$32.29 Million
Baota Industry Co Ltd (000595)	$746.32 Million	-18.39%	0.62x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$280.92 Million	8.98%	0.50x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.30 Billion	-22.46%	1.14x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About Jiangxi Haiyuan Composites Technology Co Ltd

SHE:002529 China Specialty Industrial Machinery

Market Cap

$294.48 Million

CN¥2.01 Billion CNY

Market Cap Rank

#15032 Global

#4604 in China

Share Price

CN¥7.74

Change (1 day)

+1.44%

52-Week Range

CN¥5.55 - CN¥8.14

All Time High

CN¥34.40