Jiangsu Nanfang Bearing Co Ltd (002553) - Net Assets
Based on the latest financial reports, Jiangsu Nanfang Bearing Co Ltd (002553) has net assets worth CN¥1.47 Billion CNY (≈ $215.45 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¥1.80 Billion ≈ $264.13 Million USD) and total liabilities (CN¥332.65 Million ≈ $48.68 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 financial resilience of Jiangsu Nanfang Bearing Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.47 Billion |
| % of Total Assets | 81.57% |
| Annual Growth Rate | 17.05% |
| 5-Year Change | 5.07% |
| 10-Year Change | 75.4% |
| Growth Volatility | 56.07 |
Jiangsu Nanfang Bearing Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Jiangsu Nanfang Bearing Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002553 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Nanfang Bearing Co Ltd (2007–2024)
The table below shows the annual net assets of Jiangsu Nanfang Bearing Co Ltd from 2007 to 2024. For live valuation and market cap data, see how much is Jiangsu Nanfang Bearing Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.15 Billion ≈ $168.22 Million |
-4.63% |
| 2023-12-31 | CN¥1.21 Billion ≈ $176.39 Million |
-1.42% |
| 2022-12-31 | CN¥1.22 Billion ≈ $178.92 Million |
-2.53% |
| 2021-12-31 | CN¥1.25 Billion ≈ $183.57 Million |
+14.66% |
| 2020-12-31 | CN¥1.09 Billion ≈ $160.10 Million |
+59.34% |
| 2019-12-31 | CN¥686.63 Million ≈ $100.48 Million |
-4.95% |
| 2018-12-31 | CN¥722.42 Million ≈ $105.71 Million |
+2.93% |
| 2017-12-31 | CN¥701.85 Million ≈ $102.70 Million |
+1.29% |
| 2016-12-31 | CN¥692.88 Million ≈ $101.39 Million |
+5.72% |
| 2015-12-31 | CN¥655.40 Million ≈ $95.91 Million |
+4.87% |
| 2014-12-31 | CN¥624.98 Million ≈ $91.45 Million |
+4.36% |
| 2013-12-31 | CN¥598.86 Million ≈ $87.63 Million |
+6.87% |
| 2012-12-31 | CN¥560.37 Million ≈ $82.00 Million |
+5.79% |
| 2011-12-31 | CN¥529.70 Million ≈ $77.51 Million |
+239.45% |
| 2010-12-31 | CN¥156.05 Million ≈ $22.83 Million |
+23.32% |
| 2009-12-31 | CN¥126.54 Million ≈ $18.52 Million |
+25.77% |
| 2008-12-31 | CN¥100.61 Million ≈ $14.72 Million |
+27.24% |
| 2007-12-31 | CN¥79.07 Million ≈ $11.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Nanfang Bearing 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 grown by 6336.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥590.52 Million | 52.13% |
| Common Stock | CN¥348.00 Million | 30.72% |
| Other Comprehensive Income | CN¥137.76 Million | 12.16% |
| Other Components | CN¥56.52 Million | 4.99% |
| Total Equity | CN¥1.13 Billion | 100.00% |
Jiangsu Nanfang Bearing Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Nanfang Bearing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Burford Capital Ltd
NYSE:BUR
|
$1.14 Billion |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
$1.14 Billion |
|
Amalgamated Bank
NASDAQ:AMAL
|
$1.14 Billion |
|
COMPUGROUP MED.SP.ADR 1
F:COPA
|
$1.14 Billion |
|
RITES Limited
NSE:RITES
|
$1.14 Billion |
|
McEwen Mining Inc.
TO:MUX
|
$1.14 Billion |
|
Cogent Communications Group Inc
NASDAQ:CCOI
|
$1.14 Billion |
|
Centerspace
NYSE:CSR
|
$1.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Nanfang Bearing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,177,650,000 to 1,132,806,000, a change of -44,844,000 (-3.8%).
- Net income of 24,392,807 contributed positively to equity growth.
- Dividend payments of 70,232,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,165,580.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥24.39 Million | +2.15% |
| Dividends Paid | CN¥70.23 Million | -6.2% |
| Other Comprehensive Income | CN¥5.17 Million | +0.46% |
| Other Changes | CN¥-4.17 Million | -0.37% |
| Total Change | CN¥- | -3.81% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Nanfang Bearing 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: 6.76x
- 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 96.87x to 6.76x 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¥0.23 | CN¥22.01 | x |
| 2008-12-31 | CN¥0.97 | CN¥22.01 | x |
| 2009-12-31 | CN¥0.49 | CN¥22.01 | x |
| 2010-12-31 | CN¥0.60 | CN¥22.01 | x |
| 2011-12-31 | CN¥1.59 | CN¥22.01 | x |
| 2012-12-31 | CN¥1.61 | CN¥22.01 | x |
| 2013-12-31 | CN¥1.72 | CN¥22.01 | x |
| 2014-12-31 | CN¥1.80 | CN¥22.01 | x |
| 2015-12-31 | CN¥1.88 | CN¥22.01 | x |
| 2016-12-31 | CN¥1.99 | CN¥22.01 | x |
| 2017-12-31 | CN¥2.02 | CN¥22.01 | x |
| 2018-12-31 | CN¥2.05 | CN¥22.01 | x |
| 2019-12-31 | CN¥1.97 | CN¥22.01 | x |
| 2020-12-31 | CN¥3.00 | CN¥22.01 | x |
| 2021-12-31 | CN¥3.47 | CN¥22.01 | x |
| 2022-12-31 | CN¥3.41 | CN¥22.01 | x |
| 2023-12-31 | CN¥3.38 | CN¥22.01 | x |
| 2024-12-31 | CN¥3.26 | CN¥22.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Nanfang Bearing 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): 2.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.11%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.27x
- Recent ROE (2.15%) is below the historical average (13.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 35.37% | 17.51% | 0.85x | 2.37x | CN¥20.06 Million |
| 2008 | 21.41% | 13.11% | 0.90x | 1.82x | CN¥11.48 Million |
| 2009 | 20.49% | 17.06% | 0.71x | 1.69x | CN¥13.28 Million |
| 2010 | 23.07% | 16.69% | 0.76x | 1.81x | CN¥20.40 Million |
| 2011 | 7.16% | 16.49% | 0.40x | 1.08x | CN¥-15.05 Million |
| 2012 | 7.03% | 16.69% | 0.39x | 1.08x | CN¥-16.67 Million |
| 2013 | 7.88% | 17.62% | 0.41x | 1.08x | CN¥-12.69 Million |
| 2014 | 10.44% | 21.66% | 0.45x | 1.08x | CN¥2.77 Million |
| 2015 | 9.95% | 21.59% | 0.43x | 1.08x | CN¥-317.93K |
| 2016 | 10.43% | 22.58% | 0.43x | 1.09x | CN¥2.99 Million |
| 2017 | 11.19% | 20.17% | 0.50x | 1.11x | CN¥8.36 Million |
| 2018 | 12.63% | 22.94% | 0.49x | 1.12x | CN¥18.76 Million |
| 2019 | 6.15% | 10.36% | 0.52x | 1.14x | CN¥-26.45 Million |
| 2020 | 37.64% | 84.43% | 0.36x | 1.23x | CN¥288.90 Million |
| 2021 | 16.26% | 32.91% | 0.40x | 1.22x | CN¥75.54 Million |
| 2022 | 4.09% | 8.25% | 0.41x | 1.19x | CN¥-70.05 Million |
| 2023 | 2.32% | 4.06% | 0.47x | 1.21x | CN¥-90.48 Million |
| 2024 | 2.15% | 3.11% | 0.55x | 1.27x | CN¥-88.89 Million |
Industry Comparison
This section compares Jiangsu Nanfang Bearing Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,600,803,038
- Average return on equity (ROE) among peers: 8.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Nanfang Bearing Co Ltd (002553) | CN¥1.47 Billion | 35.37% | 0.23x | $1.14 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $9.35 Billion | 10.17% | 1.39x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.63 Billion | 8.78% | 0.95x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $798.46 Million | 1.49% | 1.70x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $671.47 Million | 7.81% | 1.44x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $262.35 Million | 3.86% | 0.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.05 Billion | -7.53% | 1.24x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.65 Billion | 8.43% | 0.86x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $146.05 Million | 29.40% | 2.09x | $3.35 Billion |
About Jiangsu Nanfang Bearing Co Ltd
Jiangsu NanFang Precision Co.,Ltd. research and development, manufacturing, and sale of needle roller bearings, one-way clutches, one-way pulley assemblies, and mechanical parts in China and internationally. The company offers needle bearing products; cylindrical and wedge clutch; and one way pulley OAP products. It also provides precision machined parts comprising pistons, such as EPB caliper pi… Read more