Xiamen Jihong Package Technology Ltd (002803) - Net Assets
Based on the latest financial reports, Xiamen Jihong Package Technology Ltd (002803) has net assets worth CN¥2.69 Billion CNY (≈ $393.49 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¥4.11 Billion ≈ $601.31 Million USD) and total liabilities (CN¥1.42 Billion ≈ $207.83 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 Xiamen Jihong Package Technology Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.69 Billion |
| % of Total Assets | 65.44% |
| Annual Growth Rate | 23.93% |
| 5-Year Change | 24.81% |
| 10-Year Change | 728.18% |
| Growth Volatility | 27.86 |
Xiamen Jihong Package Technology Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Xiamen Jihong Package Technology Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Xiamen Jihong Package Technology Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Xiamen Jihong Package Technology Ltd (2011–2024)
The table below shows the annual net assets of Xiamen Jihong Package Technology Ltd from 2011 to 2024. For live valuation and market cap data, see 002803 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.21 Billion ≈ $323.18 Million |
-4.51% |
| 2023-12-31 | CN¥2.31 Billion ≈ $338.44 Million |
+8.22% |
| 2022-12-31 | CN¥2.14 Billion ≈ $312.73 Million |
+11.58% |
| 2021-12-31 | CN¥1.92 Billion ≈ $280.28 Million |
+8.24% |
| 2020-12-31 | CN¥1.77 Billion ≈ $258.94 Million |
+21.95% |
| 2019-12-31 | CN¥1.45 Billion ≈ $212.33 Million |
+102.31% |
| 2018-12-31 | CN¥717.23 Million ≈ $104.95 Million |
+38.49% |
| 2017-12-31 | CN¥517.88 Million ≈ $75.78 Million |
+15.89% |
| 2016-12-31 | CN¥446.88 Million ≈ $65.39 Million |
+67.58% |
| 2015-12-31 | CN¥266.67 Million ≈ $39.02 Million |
+10.76% |
| 2014-12-31 | CN¥240.77 Million ≈ $35.23 Million |
+13.06% |
| 2013-12-31 | CN¥212.95 Million ≈ $31.16 Million |
+18.57% |
| 2012-12-31 | CN¥179.60 Million ≈ $26.28 Million |
+32.34% |
| 2011-12-31 | CN¥135.71 Million ≈ $19.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xiamen Jihong Package Technology 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 7672.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.63 Billion | 73.82% |
| Common Stock | CN¥384.77 Million | 17.47% |
| Other Components | CN¥191.79 Million | 8.71% |
| Total Equity | CN¥2.20 Billion | 100.00% |
Xiamen Jihong Package Technology Ltd Competitors by Market Cap
The table below lists competitors of Xiamen Jihong Package Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astec Industries Inc
NASDAQ:ASTE
|
$1.22 Billion |
|
Monte Rosa Therapeutics Inc
NASDAQ:GLUE
|
$1.22 Billion |
|
Daqo New Energy Corp
F:5DQ2
|
$1.22 Billion |
|
Titagarh Rail Systems Limited
NSE:TITAGARH
|
$1.22 Billion |
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
$1.22 Billion |
|
Rimon Consulting & Management Services Ltd
TA:RMON
|
$1.22 Billion |
|
BrightView Holdings
NYSE:BV
|
$1.22 Billion |
|
TheRealReal Inc
NASDAQ:REAL
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Jihong Package Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,280,397,905 to 2,202,024,669, a change of -78,373,236 (-3.4%).
- Net income of 181,931,124 contributed positively to equity growth.
- Dividend payments of 207,973,133 reduced retained earnings.
- Share repurchases of 75,944,737 reduced equity.
- Other factors increased equity by 23,613,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥181.93 Million | +8.26% |
| Dividends Paid | CN¥207.97 Million | -9.44% |
| Share Repurchases | CN¥75.94 Million | -3.45% |
| Other Changes | CN¥23.61 Million | +1.07% |
| Total Change | CN¥- | -3.44% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Jihong Package Technology 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: 3.68x
- 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 39.30x to 3.68x 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¥0.56 | CN¥21.84 | x |
| 2012-12-31 | CN¥0.74 | CN¥21.84 | x |
| 2013-12-31 | CN¥0.85 | CN¥21.84 | x |
| 2014-12-31 | CN¥0.90 | CN¥21.84 | x |
| 2015-12-31 | CN¥1.02 | CN¥21.84 | x |
| 2016-12-31 | CN¥1.51 | CN¥21.84 | x |
| 2017-12-31 | CN¥2.55 | CN¥21.84 | x |
| 2018-12-31 | CN¥3.42 | CN¥21.84 | x |
| 2019-12-31 | CN¥6.55 | CN¥21.84 | x |
| 2020-12-31 | CN¥4.61 | CN¥21.84 | x |
| 2021-12-31 | CN¥4.93 | CN¥21.84 | x |
| 2022-12-31 | CN¥5.47 | CN¥21.84 | x |
| 2023-12-31 | CN¥6.03 | CN¥21.84 | x |
| 2024-12-31 | CN¥5.93 | CN¥21.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Jihong Package Technology 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): 8.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.29%
- • Asset Turnover: 1.58x
- • Equity Multiplier: 1.59x
- Recent ROE (8.26%) is below the historical average (16.65%), 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 | 16.81% | 7.39% | 0.95x | 2.40x | CN¥9.24 Million |
| 2012 | 19.70% | 9.95% | 0.96x | 2.07x | CN¥17.41 Million |
| 2013 | 17.06% | 9.38% | 0.86x | 2.13x | CN¥15.04 Million |
| 2014 | 8.48% | 4.94% | 0.73x | 2.36x | CN¥-3.42 Million |
| 2015 | 14.63% | 7.16% | 0.85x | 2.40x | CN¥11.83 Million |
| 2016 | 9.84% | 7.54% | 0.76x | 1.72x | CN¥-679.56K |
| 2017 | 15.93% | 7.07% | 0.99x | 2.29x | CN¥29.79 Million |
| 2018 | 30.99% | 9.39% | 1.43x | 2.31x | CN¥144.39 Million |
| 2019 | 23.19% | 10.84% | 1.23x | 1.73x | CN¥185.57 Million |
| 2020 | 32.10% | 12.67% | 1.57x | 1.61x | CN¥384.66 Million |
| 2021 | 12.17% | 4.39% | 1.76x | 1.58x | CN¥40.52 Million |
| 2022 | 8.78% | 3.42% | 1.66x | 1.55x | CN¥-25.54 Million |
| 2023 | 15.13% | 5.15% | 1.87x | 1.57x | CN¥117.06 Million |
| 2024 | 8.26% | 3.29% | 1.58x | 1.59x | CN¥-38.27 Million |
Industry Comparison
This section compares Xiamen Jihong Package Technology Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,953,477,544
- Average return on equity (ROE) among peers: 11.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Jihong Package Technology Ltd (002803) | CN¥2.69 Billion | 16.81% | 0.53x | $1.22 Billion |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $1.13 Billion | 3.71% | 2.30x | $827.81 Million |
| Huangshan Novel Co Ltd (002014) | $2.17 Billion | 14.55% | 0.39x | $1.03 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $7.08 Billion | 1.67% | 0.33x | $824.27 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $1.09 Billion | 11.54% | 1.25x | $706.67 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $128.26 Million | 25.54% | 1.46x | $1.55 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $3.01 Billion | 0.51% | 0.40x | $1.20 Billion |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $2.46 Billion | 8.98% | 0.31x | $788.76 Million |
| Shandong Lipeng Co Ltd (002374) | $131.77 Million | 17.29% | 0.89x | $506.57 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $1.98 Billion | 1.81% | 0.57x | $926.48 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $356.56 Million | 27.14% | 0.70x | $3.20 Billion |
About Xiamen Jihong Package Technology Ltd
Xiamen Jihong Co., Ltd engages in the cross-border social e-commerce and paper packaging solutions business. It provides blockchain, digital marketing, mobile internet advertising, and related services. The company also offers packaging products, such as color packing cartons, boxes, paper bags, paper cups, multi-packs, printed corrugated cartons, folding cardboards, QSR food grade packaging, clu… Read more