Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) - Net Assets
Based on the latest financial reports, Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) has net assets worth CN¥8.62 Billion CNY (≈ $1.26 Billion 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¥12.52 Billion ≈ $1.83 Billion USD) and total liabilities (CN¥3.89 Billion ≈ $569.25 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 Jiangsu Shuangxing Color Plastic New Mat (002585) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.62 Billion |
| % of Total Assets | 68.92% |
| Annual Growth Rate | 29.86% |
| 5-Year Change | 6.88% |
| 10-Year Change | 69.89% |
| Growth Volatility | 125.31 |
Jiangsu Shuangxing Color Plastic New Materials Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Jiangsu Shuangxing Color Plastic New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Jiangsu Shuangxing Color Plastic New Mat for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Shuangxing Color Plastic New Materials Co Ltd (2008–2024)
The table below shows the annual net assets of Jiangsu Shuangxing Color Plastic New Materials Co Ltd from 2008 to 2024. For live valuation and market cap data, see how much is Jiangsu Shuangxing Color Plastic New Mat worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.88 Billion ≈ $1.30 Billion |
-4.64% |
| 2023-12-31 | CN¥9.31 Billion ≈ $1.36 Billion |
-4.18% |
| 2022-12-31 | CN¥9.72 Billion ≈ $1.42 Billion |
+3.42% |
| 2021-12-31 | CN¥9.40 Billion ≈ $1.38 Billion |
+13.10% |
| 2020-12-31 | CN¥8.31 Billion ≈ $1.22 Billion |
+8.73% |
| 2019-12-31 | CN¥7.64 Billion ≈ $1.12 Billion |
-0.75% |
| 2018-12-31 | CN¥7.70 Billion ≈ $1.13 Billion |
+4.19% |
| 2017-12-31 | CN¥7.39 Billion ≈ $1.08 Billion |
+38.24% |
| 2016-12-31 | CN¥5.35 Billion ≈ $782.41 Million |
+2.27% |
| 2015-12-31 | CN¥5.23 Billion ≈ $765.04 Million |
+2.03% |
| 2014-12-31 | CN¥5.12 Billion ≈ $749.83 Million |
+39.77% |
| 2013-12-31 | CN¥3.67 Billion ≈ $536.49 Million |
+1.34% |
| 2012-12-31 | CN¥3.62 Billion ≈ $529.40 Million |
-2.41% |
| 2011-12-31 | CN¥3.71 Billion ≈ $542.45 Million |
+500.35% |
| 2010-12-31 | CN¥617.47 Million ≈ $90.36 Million |
+201.07% |
| 2009-12-31 | CN¥205.09 Million ≈ $30.01 Million |
+51.08% |
| 2008-12-31 | CN¥135.75 Million ≈ $19.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Shuangxing Color Plastic New Materials 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 4241.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.20 Billion | 24.80% |
| Common Stock | CN¥1.15 Billion | 12.92% |
| Other Comprehensive Income | CN¥465.43 Million | 5.24% |
| Other Components | CN¥5.07 Billion | 57.04% |
| Total Equity | CN¥8.88 Billion | 100.00% |
Jiangsu Shuangxing Color Plastic New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Shuangxing Color Plastic New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ConnectOne Bancorp Inc
NASDAQ:CNOB
|
$1.29 Billion |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
$1.30 Billion |
|
Yihai International Holding Ltd
F:YIR
|
$1.30 Billion |
|
Siam City Cement Public Company Limited
BK:SCCC
|
$1.30 Billion |
|
i-80 Gold Corp.
NYSE MKT:IAUX
|
$1.29 Billion |
|
Anadolu Anonim Turk Sigorta Sti
IS:ANSGR
|
$1.29 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
$1.29 Billion |
|
Forbo Holding AG
SW:FORN
|
$1.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Shuangxing Color Plastic New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,314,201,307 to 8,882,007,774, a change of -432,193,533 (-4.6%).
- Net loss of 397,953,853 reduced equity.
- Dividend payments of 69,780,215 reduced retained earnings.
- Share repurchases of 32,616,256 reduced equity.
- Other comprehensive income increased equity by 465,431,434.
- Other factors decreased equity by 397,274,643.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-397.95 Million | -4.48% |
| Dividends Paid | CN¥69.78 Million | -0.79% |
| Share Repurchases | CN¥32.62 Million | -0.37% |
| Other Comprehensive Income | CN¥465.43 Million | +5.24% |
| Other Changes | CN¥-397.27 Million | -4.47% |
| Total Change | CN¥- | -4.64% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Shuangxing Color Plastic New Materials 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: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 28.94x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.27 | CN¥7.75 | x |
| 2009-12-31 | CN¥0.40 | CN¥7.75 | x |
| 2010-12-31 | CN¥1.19 | CN¥7.75 | x |
| 2011-12-31 | CN¥6.02 | CN¥7.75 | x |
| 2012-12-31 | CN¥5.22 | CN¥7.75 | x |
| 2013-12-31 | CN¥5.30 | CN¥7.75 | x |
| 2014-12-31 | CN¥6.28 | CN¥7.75 | x |
| 2015-12-31 | CN¥5.61 | CN¥7.75 | x |
| 2016-12-31 | CN¥5.73 | CN¥7.75 | x |
| 2017-12-31 | CN¥6.71 | CN¥7.75 | x |
| 2018-12-31 | CN¥6.71 | CN¥7.75 | x |
| 2019-12-31 | CN¥6.61 | CN¥7.75 | x |
| 2020-12-31 | CN¥7.20 | CN¥7.75 | x |
| 2021-12-31 | CN¥8.20 | CN¥7.75 | x |
| 2022-12-31 | CN¥8.52 | CN¥7.75 | x |
| 2023-12-31 | CN¥8.12 | CN¥7.75 | x |
| 2024-12-31 | CN¥7.78 | CN¥7.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Shuangxing Color Plastic New Materials 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): -4.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.74%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.50x
- Recent ROE (-4.48%) is below the historical average (9.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 14.94% | 4.21% | 0.94x | 3.79x | CN¥6.71 Million |
| 2009 | 33.81% | 10.91% | 0.92x | 3.37x | CN¥48.83 Million |
| 2010 | 61.93% | 26.30% | 1.09x | 2.16x | CN¥320.63 Million |
| 2011 | 10.33% | 19.58% | 0.47x | 1.12x | CN¥12.20 Million |
| 2012 | 3.28% | 5.65% | 0.52x | 1.12x | CN¥-242.95 Million |
| 2013 | 2.46% | 3.67% | 0.59x | 1.14x | CN¥-276.59 Million |
| 2014 | 1.96% | 4.43% | 0.40x | 1.10x | CN¥-412.03 Million |
| 2015 | 2.30% | 5.06% | 0.41x | 1.11x | CN¥-402.31 Million |
| 2016 | 2.49% | 5.21% | 0.38x | 1.25x | CN¥-401.66 Million |
| 2017 | 1.01% | 2.47% | 0.33x | 1.22x | CN¥-664.49 Million |
| 2018 | 4.17% | 8.33% | 0.41x | 1.21x | CN¥-448.77 Million |
| 2019 | 2.27% | 3.88% | 0.50x | 1.18x | CN¥-590.86 Million |
| 2020 | 8.67% | 14.24% | 0.50x | 1.23x | CN¥-110.50 Million |
| 2021 | 14.74% | 23.36% | 0.49x | 1.29x | CN¥445.55 Million |
| 2022 | 7.19% | 11.52% | 0.49x | 1.26x | CN¥-273.50 Million |
| 2023 | -1.80% | -3.17% | 0.39x | 1.44x | CN¥-1.10 Billion |
| 2024 | -4.48% | -6.74% | 0.44x | 1.50x | CN¥-1.29 Billion |
Industry Comparison
This section compares Jiangsu Shuangxing Color Plastic New Materials Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,177,553,438
- Average return on equity (ROE) among peers: 2.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) | CN¥8.62 Billion | 14.94% | 0.45x | $1.29 Billion |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $2.42 Billion | 2.89% | 1.12x | $758.20 Million |
| Huangshan Novel Co Ltd (002014) | $1.51 Billion | 11.70% | 0.26x | $1.00 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $4.37 Billion | 16.48% | 0.23x | $805.15 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $830.41 Million | 8.56% | 0.96x | $692.47 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $128.26 Million | 25.54% | 1.46x | $1.51 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $2.79 Billion | -6.65% | 0.42x | $1.11 Billion |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.97 Billion | 2.71% | 0.49x | $761.87 Million |
| Shandong Lipeng Co Ltd (002374) | $1.32 Billion | -51.89% | 1.91x | $511.34 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $1.36 Billion | 4.42% | 0.28x | $841.65 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.06 Billion | 11.10% | 0.50x | $2.95 Billion |
About Jiangsu Shuangxing Color Plastic New Materials Co Ltd
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. engages in the research, development, production, and sale of polymer composite products in China and internationally. The company offers optical substrates, including protective, optical film, MLCC, and energy-saving window film substrates; optical films, such as diffusion, prism, micro-transparent, optical composite, protective, back coat… Read more