JC Finance & Tax Interconnect Holdings Ltd (002530) - Net Assets
Based on the latest financial reports, JC Finance & Tax Interconnect Holdings Ltd (002530) has net assets worth CN¥1.60 Billion CNY (≈ $233.72 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¥2.36 Billion ≈ $345.05 Million USD) and total liabilities (CN¥760.85 Million ≈ $111.34 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 002530 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.60 Billion |
| % of Total Assets | 67.73% |
| Annual Growth Rate | 15.52% |
| 5-Year Change | -36.26% |
| 10-Year Change | 90.67% |
| Growth Volatility | 103.3 |
JC Finance & Tax Interconnect Holdings Ltd - Net Assets Trend (2007–2024)
This chart illustrates how JC Finance & Tax Interconnect Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002530 total assets for the complete picture of this company's asset base.
Annual Net Assets for JC Finance & Tax Interconnect Holdings Ltd (2007–2024)
The table below shows the annual net assets of JC Finance & Tax Interconnect Holdings Ltd from 2007 to 2024. For live valuation and market cap data, see 002530 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.46 Billion ≈ $213.31 Million |
-1.76% |
| 2023-12-31 | CN¥1.48 Billion ≈ $217.14 Million |
-4.93% |
| 2022-12-31 | CN¥1.56 Billion ≈ $228.41 Million |
-17.38% |
| 2021-12-31 | CN¥1.89 Billion ≈ $276.47 Million |
-17.39% |
| 2020-12-31 | CN¥2.29 Billion ≈ $334.66 Million |
-35.58% |
| 2019-12-31 | CN¥3.55 Billion ≈ $519.48 Million |
-18.10% |
| 2018-12-31 | CN¥4.33 Billion ≈ $634.25 Million |
+7.25% |
| 2017-12-31 | CN¥4.04 Billion ≈ $591.36 Million |
+7.12% |
| 2016-12-31 | CN¥3.77 Billion ≈ $552.05 Million |
+393.45% |
| 2015-12-31 | CN¥764.55 Million ≈ $111.88 Million |
+4.15% |
| 2014-12-31 | CN¥734.06 Million ≈ $107.42 Million |
+7.89% |
| 2013-12-31 | CN¥680.38 Million ≈ $99.56 Million |
+4.90% |
| 2012-12-31 | CN¥648.59 Million ≈ $94.91 Million |
+5.78% |
| 2011-12-31 | CN¥613.13 Million ≈ $89.72 Million |
+1.64% |
| 2010-12-31 | CN¥603.24 Million ≈ $88.27 Million |
+209.20% |
| 2009-12-31 | CN¥195.10 Million ≈ $28.55 Million |
+27.67% |
| 2008-12-31 | CN¥152.82 Million ≈ $22.36 Million |
+21.92% |
| 2007-12-31 | CN¥125.34 Million ≈ $18.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to JC Finance & Tax Interconnect Holdings 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 25042.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥779.20 Million | 61.51% |
| Other Comprehensive Income | CN¥19.58 Million | 1.55% |
| Other Components | CN¥2.59 Billion | 204.12% |
| Total Equity | CN¥1.27 Billion | 100.00% |
JC Finance & Tax Interconnect Holdings Ltd Competitors by Market Cap
The table below lists competitors of JC Finance & Tax Interconnect Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MYT Netherlands Parent BV
NYSE:MYTE
|
$1.04 Billion |
|
Zhejiang Garden Bio-chemical High-tech Co Ltd
SHE:300401
|
$1.04 Billion |
|
CTCI Corp
TW:9933
|
$1.04 Billion |
|
Suzhou Wanxiang Technology Co. Ltd.
SHE:301180
|
$1.04 Billion |
|
GuangDong Leary New Material Technology Co. Ltd. A
SHG:688683
|
$1.04 Billion |
|
Zhejiang Yongjin Metal Technology Co Ltd
SHG:603995
|
$1.04 Billion |
|
MidCap Financial Investment Corporation
NASDAQ:MFIC
|
$1.04 Billion |
|
Zhejiang Taitan Co Ltd
SHE:003036
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JC Finance & Tax Interconnect Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,285,044,162 to 1,266,849,015, a change of -18,195,147 (-1.4%).
- Net loss of 9,160,924 reduced equity.
- Dividend payments of 10,363,438 reduced retained earnings.
- Other comprehensive income increased equity by 95,249,170.
- Other factors decreased equity by 93,919,955.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-9.16 Million | -0.72% |
| Dividends Paid | CN¥10.36 Million | -0.82% |
| Other Comprehensive Income | CN¥95.25 Million | +7.52% |
| Other Changes | CN¥-93.92 Million | -7.41% |
| Total Change | CN¥- | -1.42% |
Book Value vs Market Value Analysis
This analysis compares JC Finance & Tax Interconnect Holdings 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: 6.58x
- 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 24.95x to 6.58x 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¥0.36 | CN¥9.10 | x |
| 2008-12-31 | CN¥0.39 | CN¥9.10 | x |
| 2009-12-31 | CN¥0.51 | CN¥9.10 | x |
| 2010-12-31 | CN¥1.78 | CN¥9.10 | x |
| 2011-12-31 | CN¥1.37 | CN¥9.10 | x |
| 2012-12-31 | CN¥1.45 | CN¥9.10 | x |
| 2013-12-31 | CN¥1.51 | CN¥9.10 | x |
| 2014-12-31 | CN¥1.54 | CN¥9.10 | x |
| 2015-12-31 | CN¥1.67 | CN¥9.10 | x |
| 2016-12-31 | CN¥7.95 | CN¥9.10 | x |
| 2017-12-31 | CN¥5.00 | CN¥9.10 | x |
| 2018-12-31 | CN¥5.32 | CN¥9.10 | x |
| 2019-12-31 | CN¥4.33 | CN¥9.10 | x |
| 2020-12-31 | CN¥2.71 | CN¥9.10 | x |
| 2021-12-31 | CN¥2.20 | CN¥9.10 | x |
| 2022-12-31 | CN¥1.76 | CN¥9.10 | x |
| 2023-12-31 | CN¥1.68 | CN¥9.10 | x |
| 2024-12-31 | CN¥1.38 | CN¥9.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JC Finance & Tax Interconnect Holdings 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): -0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.72%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.70x
- Recent ROE (-0.72%) is above the historical average (-0.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 28.44% | 17.96% | 0.53x | 2.99x | CN¥19.42 Million |
| 2008 | 16.51% | 11.37% | 0.47x | 3.06x | CN¥8.21 Million |
| 2009 | 23.51% | 17.63% | 0.56x | 2.39x | CN¥22.26 Million |
| 2010 | 5.89% | 11.30% | 0.34x | 1.51x | CN¥-23.38 Million |
| 2011 | 8.24% | 15.28% | 0.39x | 1.40x | CN¥-10.40 Million |
| 2012 | 8.04% | 14.60% | 0.41x | 1.35x | CN¥-12.25 Million |
| 2013 | 6.62% | 11.23% | 0.45x | 1.31x | CN¥-22.00 Million |
| 2014 | 4.88% | 8.91% | 0.37x | 1.49x | CN¥-34.34 Million |
| 2015 | 4.86% | 7.78% | 0.43x | 1.44x | CN¥-35.80 Million |
| 2016 | 1.26% | 9.62% | 0.11x | 1.16x | CN¥-323.63 Million |
| 2017 | 5.80% | 22.84% | 0.21x | 1.22x | CN¥-165.26 Million |
| 2018 | 6.96% | 23.02% | 0.24x | 1.24x | CN¥-127.08 Million |
| 2019 | -20.11% | -53.79% | 0.29x | 1.27x | CN¥-1.02 Billion |
| 2020 | -58.80% | -122.95% | 0.30x | 1.57x | CN¥-1.46 Billion |
| 2021 | -23.13% | -33.04% | 0.40x | 1.77x | CN¥-568.74 Million |
| 2022 | -24.87% | -27.92% | 0.45x | 1.96x | CN¥-477.52 Million |
| 2023 | -6.56% | -7.00% | 0.46x | 2.04x | CN¥-212.75 Million |
| 2024 | -0.72% | -0.72% | 0.59x | 1.70x | CN¥-135.85 Million |
Industry Comparison
This section compares JC Finance & Tax Interconnect Holdings 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 |
|---|---|---|---|---|
| JC Finance & Tax Interconnect Holdings Ltd (002530) | CN¥1.60 Billion | 28.44% | 0.48x | $1.04 Billion |
| 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 JC Finance & Tax Interconnect Holdings Ltd
JC Finance & Tax Interconnect Holdings Ltd. engages in heat treatment equipment businesses in China. It offers smart electronic taxation bureau and tax-enterprise connection platform. The company also manufactures and sells atmosphere furnace, vacuum furnace, sensing devices, non-atmosphere heating equipment, plasma equipment, software, and auxiliary equipment, as well as provides processing, aft… Read more