Jiangsu Guoxin Corp Ltd (002608) - Net Assets

Latest as of March 2026: CN¥50.67 Billion CNY ≈ $7.41 Billion USD

Based on the latest financial reports, Jiangsu Guoxin Corp Ltd (002608) has net assets worth CN¥50.67 Billion CNY (≈ $7.41 Billion 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¥101.02 Billion ≈ $14.78 Billion USD) and total liabilities (CN¥50.35 Billion ≈ $7.37 Billion 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 Guoxin Corp Ltd (002608) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥50.67 Billion
% of Total Assets 50.16%
Annual Growth Rate 29.07%
5-Year Change 30.1%
10-Year Change 145.05%
Growth Volatility 1349.14

Jiangsu Guoxin Corp Ltd - Net Assets Trend (2008–2025)

This chart illustrates how Jiangsu Guoxin Corp Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Jiangsu Guoxin Corp Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Jiangsu Guoxin Corp Ltd (2008–2025)

The table below shows the annual net assets of Jiangsu Guoxin Corp Ltd from 2008 to 2025. For live valuation and market cap data, see Jiangsu Guoxin Corp Ltd (002608) market capitalisation.

Year Net Assets Change
2025-12-31 CN¥49.54 Billion
≈ $7.25 Billion		 +10.65%
2024-12-31 CN¥44.77 Billion
≈ $6.55 Billion		 +13.51%
2023-12-31 CN¥39.44 Billion
≈ $5.77 Billion		 +2.86%
2022-12-31 CN¥38.34 Billion
≈ $5.61 Billion		 +0.70%
2021-12-31 CN¥38.08 Billion
≈ $5.57 Billion		 -3.26%
2020-12-31 CN¥39.36 Billion
≈ $5.76 Billion		 +7.04%
2019-12-31 CN¥36.77 Billion
≈ $5.38 Billion		 +19.74%
2018-12-31 CN¥30.71 Billion
≈ $4.49 Billion		 +35.83%
2017-12-31 CN¥22.61 Billion
≈ $3.31 Billion		 +11.83%
2016-12-31 CN¥20.22 Billion
≈ $2.96 Billion		 +61.51%
2015-12-31 CN¥12.52 Billion
≈ $1.83 Billion		 +5745.56%
2014-12-31 CN¥214.14 Million
≈ $31.33 Million		 -89.54%
2013-12-31 CN¥2.05 Billion
≈ $299.47 Million		 +0.24%
2012-12-31 CN¥2.04 Billion
≈ $298.77 Million		 +3.08%
2011-12-31 CN¥1.98 Billion
≈ $289.85 Million		 +91.63%
2010-12-31 CN¥1.03 Billion
≈ $151.25 Million		 +23.94%
2009-12-31 CN¥834.01 Million
≈ $122.04 Million		 +28.85%
2008-12-31 CN¥647.26 Million
≈ $94.72 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Guoxin Corp 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 1743.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥9.64 Billion 27.16%
Other Components CN¥25.86 Billion 72.84%
Total Equity CN¥35.50 Billion 100.00%

Jiangsu Guoxin Corp Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Guoxin Corp Ltd ranked by their market capitalization.

Company Market Cap
Enagás S.A.
MC:ENG
 $4.62 Billion
LG Display Co Ltd
NYSE:LPL
 $4.62 Billion
JK Cement Limited
NSE:JKCEMENT
 $4.63 Billion
IGO Ltd
AU:IGO
 $4.63 Billion
SCOR.ADR1/10/EO-78769723
F:SDRB
 $4.62 Billion
Addsino Co Ltd
SHE:000547
 $4.61 Billion
Hongta Securities Co Ltd
SHG:601236
 $4.61 Billion
Bumrungrad Hospital PCL
BK:BH
 $4.61 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Guoxin Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 32,466,599,000 to 35,503,435,423, a change of 3,036,836,423 (9.4%).
  • Net income of 3,465,097,718 contributed positively to equity growth.
  • Dividend payments of 1,317,319,350 reduced retained earnings.
  • Other comprehensive income decreased equity by 6,281,319,000.
  • Other factors increased equity by 7,170,377,055.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥3.47 Billion +9.76%
Dividends Paid CN¥1.32 Billion -3.71%
Other Comprehensive Income CN¥-6.28 Billion -17.69%
Other Changes CN¥7.17 Billion +20.2%
Total Change CN¥- 9.35%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Guoxin Corp 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: 0.89x
  • 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 8.66x to 0.89x 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¥0.96 CN¥8.35 x
2009-12-31 CN¥3.73 CN¥8.35 x
2010-12-31 CN¥1.54 CN¥8.35 x
2011-12-31 CN¥2.66 CN¥8.35 x
2012-12-31 CN¥13.89 CN¥8.35 x
2013-12-31 CN¥9.26 CN¥8.35 x
2014-12-31 CN¥0.57 CN¥8.35 x
2015-12-31 CN¥2.58 CN¥8.35 x
2016-12-31 CN¥4.74 CN¥8.35 x
2017-12-31 CN¥5.40 CN¥8.35 x
2018-12-31 CN¥6.83 CN¥8.35 x
2019-12-31 CN¥7.20 CN¥8.35 x
2020-12-31 CN¥7.75 CN¥8.35 x
2021-12-31 CN¥7.74 CN¥8.35 x
2022-12-31 CN¥9.54 CN¥8.35 x
2023-12-31 CN¥7.58 CN¥8.35 x
2024-12-31 CN¥8.59 CN¥8.35 x
2025-12-31 CN¥9.40 CN¥8.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Guoxin Corp 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): 9.76%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.75%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 2.85x
  • Recent ROE (9.76%) is above the historical average (-38.83%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 44.79% 14.62% 0.57x 5.42x CN¥224.91 Million
2009 21.91% 10.88% 0.40x 5.09x CN¥99.23 Million
2010 21.41% 7.17% 0.76x 3.93x CN¥117.80 Million
2011 9.33% 7.10% 0.55x 2.41x CN¥-13.22 Million
2012 3.96% 3.08% 0.40x 3.18x CN¥-123.08 Million
2013 6.05% 3.78% 0.44x 3.61x CN¥-80.80 Million
2014 -848.46% -60.11% 0.32x 44.12x CN¥-1.83 Billion
2015 -29.81% -16.27% 0.36x 5.11x CN¥-3.35 Billion
2016 6.96% 6.41% 0.39x 2.79x CN¥-470.49 Million
2017 12.41% 10.79% 0.44x 2.61x CN¥423.54 Million
2018 10.54% 11.55% 0.41x 2.21x CN¥130.89 Million
2019 8.89% 11.40% 0.30x 2.60x CN¥-299.00 Million
2020 7.74% 10.48% 0.29x 2.54x CN¥-665.01 Million
2021 -1.16% -1.15% 0.36x 2.81x CN¥-3.19 Billion
2022 0.21% 0.18% 0.39x 2.91x CN¥-2.80 Billion
2023 6.53% 5.41% 0.39x 3.10x CN¥-992.26 Million
2024 9.97% 8.77% 0.39x 2.95x CN¥-8.64 Million
2025 9.76% 9.75% 0.35x 2.85x CN¥-85.25 Million

Industry Comparison

This section compares Jiangsu Guoxin Corp Ltd's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

  • Industry: Utilities - Regulated Electric
  • Average net assets among peers: $6,554,528,453
  • Average return on equity (ROE) among peers: 5.06%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Guoxin Corp Ltd (002608) CN¥50.67 Billion 44.79% 0.99x $4.62 Billion
Shenzhen Energy Group Co Ltd (000027) $13.68 Billion 7.56% 1.15x $4.79 Billion
Shenzhen Nanshan Power Co Ltd (000037) $582.94 Million 16.76% 0.70x $514.28 Million
Guangzhou Hengyun Enterprises Holding Ltd (000531) $7.25 Billion 2.30% 1.62x $982.91 Million
An Hui Wenergy Co Ltd (000543) $13.10 Billion 8.81% 0.74x $2.66 Billion
Jointo Energy Investment Co Ltd Hebei (000600) $13.46 Billion 3.21% 1.37x $2.59 Billion
Guangdong Shaoneng Group Co Ltd (000601) $5.03 Billion 0.53% 1.58x $1.03 Billion
Tianjin Binhai Energy & Development Co Ltd (000695) $331.39 Million 1.62% 2.09x $480.54 Million
Shanxi Zhangze Electric Power Co Ltd (000767) $8.06 Billion 3.96% 5.25x $2.07 Billion
Jilin Power Share Co Ltd (000875) $2.55 Billion 0.53% 4.59x $2.90 Billion
Jiangxi Ganneng Co Ltd (000899) $1.51 Billion 5.26% 0.10x $1.54 Billion

About Jiangsu Guoxin Corp Ltd

SHE:002608 China Utilities - Regulated Electric
Market Cap
$4.62 Billion
CN¥31.55 Billion CNY
Market Cap Rank
#3807 Global
#584 in China
Share Price
CN¥8.35
Change (1 day)
-4.57%
52-Week Range
CN¥7.22 - CN¥10.50
All Time High
CN¥14.13
Categories
Companies in China Utilities - Regulated Electric
About

Jiangsu Guoxin Corp. Ltd., together with its subsidiaries, produces and sells electricity and heat in China. It operates through Energy Business, Financial Business, and Other segments. The company is involved in coal-fired power generation and gas-fired power generation; development, production, and processing of fly ash; sale of steam and hot water; general cargo loading and unloading; warehous… Read more