Jinfa Labi Maternity & Baby Articles Co Ltd
Jinfa Labi Maternity & Baby Articles Co., Ltd engages in the design, research and development, production, and sale of maternal and infant consumer products in China. It offers infant and child clothing; infant cotton products, including baby underwear, baby household cotton products, and other cotton products; and other maternal and child daily necessities, such as maternal and child washing and… Read more
Jinfa Labi Maternity & Baby Articles Co Ltd (002762) - Net Assets
Latest net assets as of September 2025: CN¥771.93 Million CNY
Based on the latest financial reports, Jinfa Labi Maternity & Baby Articles Co Ltd (002762) has net assets worth CN¥771.93 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥918.12 Million) and total liabilities (CN¥146.19 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥771.93 Million |
| % of Total Assets | 84.08% |
| Annual Growth Rate | 13.84% |
| 5-Year Change | -11.79% |
| 10-Year Change | 4.85% |
| Growth Volatility | 32.26 |
Jinfa Labi Maternity & Baby Articles Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Jinfa Labi Maternity & Baby Articles Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jinfa Labi Maternity & Baby Articles Co Ltd (2011–2024)
The table below shows the annual net assets of Jinfa Labi Maternity & Baby Articles Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥873.83 Million | +4.80% |
| 2023-12-31 | CN¥833.84 Million | -4.92% |
| 2022-12-31 | CN¥877.01 Million | -10.80% |
| 2021-12-31 | CN¥983.24 Million | -0.75% |
| 2020-12-31 | CN¥990.66 Million | -0.64% |
| 2019-12-31 | CN¥997.05 Million | +1.50% |
| 2018-12-31 | CN¥982.36 Million | +2.14% |
| 2017-12-31 | CN¥961.74 Million | +8.41% |
| 2016-12-31 | CN¥887.15 Million | +6.45% |
| 2015-12-31 | CN¥833.43 Million | +116.39% |
| 2014-12-31 | CN¥385.16 Million | +25.60% |
| 2013-12-31 | CN¥306.65 Million | +32.74% |
| 2012-12-31 | CN¥231.01 Million | +42.61% |
| 2011-12-31 | CN¥161.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jinfa Labi Maternity & Baby Articles 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 430.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥274.27 Million | 31.58% |
| Common Stock | CN¥354.02 Million | 40.77% |
| Other Components | CN¥240.12 Million | 27.65% |
| Total Equity | CN¥868.42 Million | 100.00% |
Jinfa Labi Maternity & Baby Articles Co Ltd Competitors by Market Cap
The table below lists competitors of Jinfa Labi Maternity & Baby Articles Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Ancara Logistics Indonesia
JK:ALII
|
$150.19 Million |
|
DAE-IL Corporation
KO:092200
|
$150.21 Million |
|
Premier Miton Group plc
PINK:PASMF
|
$150.21 Million |
|
SatixFy Communications Ltd
NYSE MKT:SATX
|
$150.25 Million |
|
Orchestra BioMed Holdings Inc.
NASDAQ:OBIO
|
$150.17 Million |
|
Bakkt Holdings Inc
NYSE:BKKT
|
$150.14 Million |
|
Valid Soluções S.A
SA:VLID3
|
$150.14 Million |
|
Pan German Universal Motors Ltd.
TW:2247
|
$150.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinfa Labi Maternity & Baby Articles Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 833,914,838 to 868,419,465, a change of 34,504,627 (4.1%).
- Net income of 52,150,600 contributed positively to equity growth.
- Dividend payments of 17,701,250 reduced retained earnings.
- Other comprehensive income decreased equity by 74,761,260.
- Other factors increased equity by 74,816,537.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥52.15 Million | +6.01% |
| Dividends Paid | CN¥17.70 Million | -2.04% |
| Other Comprehensive Income | CN¥-74.76 Million | -8.61% |
| Other Changes | CN¥74.82 Million | +8.62% |
| Total Change | CN¥- | 4.14% |
Book Value vs Market Value Analysis
This analysis compares Jinfa Labi Maternity & Baby Articles 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: 2.79x
- 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 11.27x to 2.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.61 | CN¥6.84 | x |
| 2012-12-31 | CN¥0.87 | CN¥6.84 | x |
| 2013-12-31 | CN¥1.15 | CN¥6.84 | x |
| 2014-12-31 | CN¥1.46 | CN¥6.84 | x |
| 2015-12-31 | CN¥2.70 | CN¥6.84 | x |
| 2016-12-31 | CN¥2.51 | CN¥6.84 | x |
| 2017-12-31 | CN¥2.73 | CN¥6.84 | x |
| 2018-12-31 | CN¥2.73 | CN¥6.84 | x |
| 2019-12-31 | CN¥2.81 | CN¥6.84 | x |
| 2020-12-31 | CN¥2.79 | CN¥6.84 | x |
| 2021-12-31 | CN¥2.77 | CN¥6.84 | x |
| 2022-12-31 | CN¥2.47 | CN¥6.84 | x |
| 2023-12-31 | CN¥2.48 | CN¥6.84 | x |
| 2024-12-31 | CN¥2.45 | CN¥6.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinfa Labi Maternity & Baby Articles 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): 6.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.21%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.10x
- Recent ROE (6.01%) is below the historical average (10.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 30.37% | 19.22% | 1.23x | 1.28x | CN¥33.00 Million |
| 2012 | 29.88% | 20.71% | 1.15x | 1.25x | CN¥45.92 Million |
| 2013 | 28.49% | 22.97% | 1.01x | 1.22x | CN¥56.71 Million |
| 2014 | 24.49% | 23.18% | 0.92x | 1.15x | CN¥55.80 Million |
| 2015 | 8.25% | 18.91% | 0.40x | 1.09x | CN¥-14.58 Million |
| 2016 | 8.20% | 18.88% | 0.40x | 1.09x | CN¥-15.96 Million |
| 2017 | 9.52% | 21.29% | 0.39x | 1.14x | CN¥-4.61 Million |
| 2018 | 4.03% | 8.71% | 0.42x | 1.09x | CN¥-58.50 Million |
| 2019 | 4.68% | 10.63% | 0.41x | 1.08x | CN¥-52.88 Million |
| 2020 | 3.30% | 10.41% | 0.28x | 1.12x | CN¥-66.25 Million |
| 2021 | 1.43% | 4.68% | 0.28x | 1.09x | CN¥-84.12 Million |
| 2022 | -10.11% | -36.07% | 0.26x | 1.08x | CN¥-176.03 Million |
| 2023 | -2.82% | -11.51% | 0.23x | 1.07x | CN¥-106.89 Million |
| 2024 | 6.01% | 23.21% | 0.24x | 1.10x | CN¥-34.69 Million |
Industry Comparison
This section compares Jinfa Labi Maternity & Baby Articles Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,325,523,488
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinfa Labi Maternity & Baby Articles Co Ltd (002762) | CN¥771.93 Million | 30.37% | 0.19x | $150.18 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $1.69 Billion | 10.00% | 0.41x | $872.92 Million |
| Fujian Septwolves Industry Co Ltd (002029) | $4.34 Billion | 12.93% | 0.28x | $455.31 Million |
| Fujian SBS Zipper Science Tech (002098) | $907.36 Million | 22.11% | 1.44x | $193.92 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $4.05 Billion | 11.33% | 0.48x | $465.11 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $451.05 Million | 7.04% | 5.02x | $376.25 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $1.35 Billion | 5.95% | 0.28x | $265.95 Million |
| Cedar Development Co Ltd (002485) | $1.98 Billion | 0.38% | 0.24x | $115.45 Million |
| Huasi Agricultural Development Co Ltd (002494) | $126.35 Million | 16.94% | 0.98x | $193.25 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $7.76 Billion | 15.77% | 0.17x | $517.45 Million |
| Zhejiang Busen Garments Co Ltd (002569) | $613.00 Million | 6.55% | 0.44x | $191.63 Million |