Jiangxi Selon Industrial Co Ltd (002748) - Net Assets
Based on the latest financial reports, Jiangxi Selon Industrial Co Ltd (002748) has net assets worth CN¥1.37 Billion CNY (≈ $200.95 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¥2.37 Billion ≈ $346.52 Million USD) and total liabilities (CN¥994.79 Million ≈ $145.57 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 Jiangxi Selon Industrial Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.37 Billion |
| % of Total Assets | 57.99% |
| Annual Growth Rate | 12.64% |
| 5-Year Change | 33.72% |
| 10-Year Change | 42.1% |
| Growth Volatility | 21.89 |
Jiangxi Selon Industrial Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Jiangxi Selon Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangxi Selon Industrial Co Ltd (002748) total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangxi Selon Industrial Co Ltd (2009–2024)
The table below shows the annual net assets of Jiangxi Selon Industrial Co Ltd from 2009 to 2024. For live valuation and market cap data, see 002748 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.34 Billion ≈ $196.79 Million |
+0.16% |
| 2023-12-31 | CN¥1.34 Billion ≈ $196.48 Million |
-2.60% |
| 2022-12-31 | CN¥1.38 Billion ≈ $201.72 Million |
+14.36% |
| 2021-12-31 | CN¥1.21 Billion ≈ $176.40 Million |
+19.86% |
| 2020-12-31 | CN¥1.01 Billion ≈ $147.17 Million |
-12.81% |
| 2019-12-31 | CN¥1.15 Billion ≈ $168.80 Million |
-1.09% |
| 2018-12-31 | CN¥1.17 Billion ≈ $170.66 Million |
+0.54% |
| 2017-12-31 | CN¥1.16 Billion ≈ $169.73 Million |
+11.20% |
| 2016-12-31 | CN¥1.04 Billion ≈ $152.64 Million |
+10.22% |
| 2015-12-31 | CN¥946.41 Million ≈ $138.49 Million |
+80.83% |
| 2014-12-31 | CN¥523.38 Million ≈ $76.59 Million |
+8.49% |
| 2013-12-31 | CN¥482.41 Million ≈ $70.59 Million |
+20.91% |
| 2012-12-31 | CN¥398.97 Million ≈ $58.38 Million |
+25.02% |
| 2011-12-31 | CN¥319.12 Million ≈ $46.70 Million |
+40.37% |
| 2010-12-31 | CN¥227.34 Million ≈ $33.27 Million |
+0.74% |
| 2009-12-31 | CN¥225.67 Million ≈ $33.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Selon Industrial 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 2490.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥676.22 Million | 50.28% |
| Common Stock | CN¥240.00 Million | 17.85% |
| Other Comprehensive Income | CN¥115.28 Million | 8.57% |
| Other Components | CN¥313.34 Million | 23.30% |
| Total Equity | CN¥1.34 Billion | 100.00% |
Jiangxi Selon Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangxi Selon Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Turaco Gold Ltd
AU:TCG
|
$450.67 Million |
|
Gevo Inc
NASDAQ:GEVO
|
$450.69 Million |
|
Quality Houses Public Company Limited
BK:QH
|
$450.84 Million |
|
Goodluck India Limited
NSE:GOODLUCK
|
$451.00 Million |
|
Qingdao Foods Co Ltd
SHE:001219
|
$450.52 Million |
|
Blockchain Group SA
PA:ALTBG
|
$450.46 Million |
|
ECS ICT Bhd
KLSE:5162
|
$450.28 Million |
|
Life & Banc Split Corp
TO:LBS
|
$450.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Selon Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,342,719,133 to 1,344,846,321, a change of 2,127,188 (0.2%).
- Net income of 26,170,878 contributed positively to equity growth.
- Dividend payments of 36,375,581 reduced retained earnings.
- Other comprehensive income increased equity by 2,459,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.17 Million | +1.95% |
| Dividends Paid | CN¥36.38 Million | -2.7% |
| Other Comprehensive Income | CN¥2.46 Million | +0.18% |
| Other Changes | CN¥9.87 Million | +0.73% |
| Total Change | CN¥- | 0.16% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Selon Industrial 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: 2.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.23x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥1.25 | CN¥12.83 | x |
| 2010-12-31 | CN¥1.26 | CN¥12.83 | x |
| 2011-12-31 | CN¥1.77 | CN¥12.83 | x |
| 2012-12-31 | CN¥2.22 | CN¥12.83 | x |
| 2013-12-31 | CN¥2.68 | CN¥12.83 | x |
| 2014-12-31 | CN¥2.91 | CN¥12.83 | x |
| 2015-12-31 | CN¥4.21 | CN¥12.83 | x |
| 2016-12-31 | CN¥4.35 | CN¥12.83 | x |
| 2017-12-31 | CN¥4.83 | CN¥12.83 | x |
| 2018-12-31 | CN¥4.92 | CN¥12.83 | x |
| 2019-12-31 | CN¥4.67 | CN¥12.83 | x |
| 2020-12-31 | CN¥4.04 | CN¥12.83 | x |
| 2021-12-31 | CN¥4.85 | CN¥12.83 | x |
| 2022-12-31 | CN¥5.59 | CN¥12.83 | x |
| 2023-12-31 | CN¥5.58 | CN¥12.83 | x |
| 2024-12-31 | CN¥5.60 | CN¥12.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Selon Industrial 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): 1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.32%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.65x
- Recent ROE (1.95%) is below the historical average (10.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 14.01% | 5.34% | 1.13x | 2.32x | CN¥9.05 Million |
| 2010 | 25.36% | 7.82% | 1.36x | 2.38x | CN¥34.91 Million |
| 2011 | 28.12% | 9.36% | 1.43x | 2.11x | CN¥57.82 Million |
| 2012 | 20.26% | 7.68% | 1.47x | 1.79x | CN¥40.92 Million |
| 2013 | 19.98% | 8.93% | 1.26x | 1.78x | CN¥48.16 Million |
| 2014 | 15.68% | 7.83% | 1.20x | 1.66x | CN¥29.73 Million |
| 2015 | 3.90% | 4.22% | 0.82x | 1.12x | CN¥-57.72 Million |
| 2016 | 10.04% | 10.46% | 0.82x | 1.16x | CN¥365.58K |
| 2017 | 12.98% | 12.53% | 0.87x | 1.19x | CN¥34.57 Million |
| 2018 | 4.88% | 3.83% | 0.98x | 1.30x | CN¥-59.71 Million |
| 2019 | -1.65% | -1.00% | 1.02x | 1.61x | CN¥-130.66 Million |
| 2020 | -14.22% | -8.77% | 0.84x | 1.93x | CN¥-234.82 Million |
| 2021 | 16.81% | 8.99% | 1.15x | 1.62x | CN¥79.21 Million |
| 2022 | 13.43% | 6.95% | 1.22x | 1.58x | CN¥46.00 Million |
| 2023 | 1.36% | 0.87% | 0.93x | 1.68x | CN¥-115.98 Million |
| 2024 | 1.95% | 1.32% | 0.90x | 1.65x | CN¥-108.31 Million |
Industry Comparison
This section compares Jiangxi Selon Industrial Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Selon Industrial Co Ltd (002748) | CN¥1.37 Billion | 14.01% | 0.72x | $450.58 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Jiangxi Selon Industrial Co Ltd
Jiangxi Selon Industrial Co., Ltd., together with its subsidiaries, research, develops, manufactures, and markets fine chemical products in China and internationally. The company offers chlor-alkali products; and sodium percarbonate, AC foaming agents, thionyl chloride, industrial and high purity sodium hydroxide, liquid chlorine for industrial use, synthetic hydrochloric acid for industrial use,… Read more