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¥1.57 Billion CNY (≈ $230.34 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.88 Billion ≈ $274.68 Million USD) and total liabilities (CN¥303.04 Million ≈ $44.34 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 tangible net worth ratio of Jiangsu Nanfang Bearing Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.57 Billion |
| % of Total Assets | 83.86% |
| Annual Growth Rate | 18.08% |
| 5-Year Change | 25.55% |
| 10-Year Change | 127.3% |
| Growth Volatility | 54.57 |
Jiangsu Nanfang Bearing Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Jiangsu Nanfang Bearing Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangsu Nanfang Bearing Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Nanfang Bearing Co Ltd (2007–2025)
The table below shows the annual net assets of Jiangsu Nanfang Bearing Co Ltd from 2007 to 2025. For live valuation and market cap data, see how much is Jiangsu Nanfang Bearing Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.57 Billion ≈ $230.46 Million |
+37.00% |
| 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 9299.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥862.35 Million | 54.89% |
| Other Components | CN¥708.81 Million | 45.11% |
| Total Equity | CN¥1.57 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 |
|---|---|
|
Sparebanken Sor
OL:SOR
|
$890.43 Million |
|
Wuhan Zhongyuan Huadian Sci Tech
SHE:300018
|
$890.59 Million |
|
Hangzhou Bio-Sincerity Pharma-Tech Co.Ltd.
SHE:301096
|
$890.60 Million |
|
Vaudoise Assurances Holding SA
SW:VAHN
|
$890.89 Million |
|
Zhang Xiaoquan Inc.
SHE:301055
|
$889.37 Million |
|
Bringspring Science and Tech
SHE:300290
|
$889.32 Million |
|
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095
|
$888.89 Million |
|
Bowhead Specialty Holdings Inc.
NYSE:BOW
|
$888.60 Million |
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 2024 to 2025, total equity changed from 1,132,806,000 to 1,571,169,068, a change of 438,363,068 (38.7%).
- Net income of 345,607,066 contributed positively to equity growth.
- Dividend payments of 36,038,881 reduced retained earnings.
- Other comprehensive income decreased equity by 137,763,580.
- Other factors increased equity by 266,558,463.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥345.61 Million | +22.0% |
| Dividends Paid | CN¥36.04 Million | -2.29% |
| Other Comprehensive Income | CN¥-137.76 Million | -8.77% |
| Other Changes | CN¥266.56 Million | +16.97% |
| Total Change | CN¥- | 38.70% |
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: 3.87x
- 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 75.74x to 3.87x 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¥17.21 | x |
| 2008-12-31 | CN¥0.97 | CN¥17.21 | x |
| 2009-12-31 | CN¥0.49 | CN¥17.21 | x |
| 2010-12-31 | CN¥0.60 | CN¥17.21 | x |
| 2011-12-31 | CN¥1.59 | CN¥17.21 | x |
| 2012-12-31 | CN¥1.61 | CN¥17.21 | x |
| 2013-12-31 | CN¥1.72 | CN¥17.21 | x |
| 2014-12-31 | CN¥1.80 | CN¥17.21 | x |
| 2015-12-31 | CN¥1.88 | CN¥17.21 | x |
| 2016-12-31 | CN¥1.99 | CN¥17.21 | x |
| 2017-12-31 | CN¥2.02 | CN¥17.21 | x |
| 2018-12-31 | CN¥2.05 | CN¥17.21 | x |
| 2019-12-31 | CN¥1.97 | CN¥17.21 | x |
| 2020-12-31 | CN¥3.00 | CN¥17.21 | x |
| 2021-12-31 | CN¥3.47 | CN¥17.21 | x |
| 2022-12-31 | CN¥3.41 | CN¥17.21 | x |
| 2023-12-31 | CN¥3.38 | CN¥17.21 | x |
| 2024-12-31 | CN¥3.26 | CN¥17.21 | x |
| 2025-12-31 | CN¥4.45 | CN¥17.21 | 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): 22.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.46%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.22x
- Recent ROE (22.00%) is above the historical average (14.09%), indicating improving 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 |
| 2025 | 22.00% | 40.46% | 0.45x | 1.22x | CN¥188.49 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: $1,624,800,266
- Average return on equity (ROE) among peers: 519.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Nanfang Bearing Co Ltd (002553) | CN¥1.57 Billion | 35.37% | 0.19x | $890.01 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Million | 0.00% | 0.00x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.92 Billion | 9.07% | 1.15x | $6.67 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.19 Billion | 8.97% | 0.42x | $2.03 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $2.38 Billion | 7.28% | 2.18x | $966.83 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.56 Billion | 1.77% | 2.12x | $1.55 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $153.38 Million | 0.00% | 1.11x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $473.93 Million | 2.82% | 0.64x | $653.72 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.20 Billion | 6.30% | 2.26x | $2.08 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $7.93 Million | 5157.51% | 58.54x | $285.31 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $361.12 Million | -1.54% | 0.62x | $4.21 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