Jiangsu Transimage Technology Co Ltd (002866) - Net Assets
Based on the latest financial reports, Jiangsu Transimage Technology Co Ltd (002866) has net assets worth CN¥1.98 Billion CNY (≈ $290.27 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¥3.91 Billion ≈ $572.19 Million USD) and total liabilities (CN¥1.93 Billion ≈ $281.92 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 Transimage Technology Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.98 Billion |
| % of Total Assets | 50.73% |
| Annual Growth Rate | 27.28% |
| 5-Year Change | 10.0% |
| 10-Year Change | 553.61% |
| Growth Volatility | 37.69 |
Jiangsu Transimage Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Jiangsu Transimage Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002866 total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Transimage Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Jiangsu Transimage Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see 002866 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.95 Billion ≈ $284.79 Million |
-6.25% |
| 2023-12-31 | CN¥2.08 Billion ≈ $303.79 Million |
+1.06% |
| 2022-12-31 | CN¥2.05 Billion ≈ $300.60 Million |
+6.53% |
| 2021-12-31 | CN¥1.93 Billion ≈ $282.17 Million |
+8.99% |
| 2020-12-31 | CN¥1.77 Billion ≈ $258.89 Million |
+70.39% |
| 2019-12-31 | CN¥1.04 Billion ≈ $151.94 Million |
+6.96% |
| 2018-12-31 | CN¥970.75 Million ≈ $142.05 Million |
+8.87% |
| 2017-12-31 | CN¥891.68 Million ≈ $130.48 Million |
+132.01% |
| 2016-12-31 | CN¥384.32 Million ≈ $56.24 Million |
+29.07% |
| 2015-12-31 | CN¥297.76 Million ≈ $43.57 Million |
+59.15% |
| 2014-12-31 | CN¥187.10 Million ≈ $27.38 Million |
+37.80% |
| 2013-12-31 | CN¥135.77 Million ≈ $19.87 Million |
+26.14% |
| 2012-12-31 | CN¥107.63 Million ≈ $15.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Transimage Technology 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 2426.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥591.44 Million | 29.45% |
| Common Stock | CN¥289.52 Million | 14.42% |
| Other Components | CN¥1.13 Billion | 56.13% |
| Total Equity | CN¥2.01 Billion | 100.00% |
Jiangsu Transimage Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Transimage Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inversiones Aguas Metropolitanas SA
SN:IAM
|
$1.10 Billion |
|
SY HOLDINGS GROUP HD-01
F:9U0
|
$1.10 Billion |
|
Changzhou NRB Corp
SHE:002708
|
$1.10 Billion |
|
Ho Chi Minh City Securities Corp
VN:HCM
|
$1.10 Billion |
|
SFL Corporation Ltd
NYSE:SFL
|
$1.10 Billion |
|
Karoon Energy Ltd
AU:KAR
|
$1.10 Billion |
|
Netcare
JSE:NTC
|
$1.10 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Transimage Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,086,076,699 to 2,008,259,749, a change of -77,816,950 (-3.7%).
- Net loss of 73,474,117 reduced equity.
- Dividend payments of 35,724,664 reduced retained earnings.
- Other factors increased equity by 31,381,831.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-73.47 Million | -3.66% |
| Dividends Paid | CN¥35.72 Million | -1.78% |
| Other Changes | CN¥31.38 Million | +1.56% |
| Total Change | CN¥- | -3.73% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Transimage Technology 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: 3.78x
- 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 37.76x to 3.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.68 | CN¥25.86 | x |
| 2013-12-31 | CN¥0.86 | CN¥25.86 | x |
| 2014-12-31 | CN¥1.19 | CN¥25.86 | x |
| 2015-12-31 | CN¥1.67 | CN¥25.86 | x |
| 2016-12-31 | CN¥2.11 | CN¥25.86 | x |
| 2017-12-31 | CN¥4.01 | CN¥25.86 | x |
| 2018-12-31 | CN¥3.93 | CN¥25.86 | x |
| 2019-12-31 | CN¥4.25 | CN¥25.86 | x |
| 2020-12-31 | CN¥6.81 | CN¥25.86 | x |
| 2021-12-31 | CN¥6.69 | CN¥25.86 | x |
| 2022-12-31 | CN¥7.15 | CN¥25.86 | x |
| 2023-12-31 | CN¥7.00 | CN¥25.86 | x |
| 2024-12-31 | CN¥6.83 | CN¥25.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Transimage Technology 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): -3.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.76%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.96x
- Recent ROE (-3.66%) is below the historical average (11.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 16.28% | 9.13% | 1.01x | 1.76x | CN¥6.76 Million |
| 2013 | 20.72% | 11.10% | 1.18x | 1.58x | CN¥14.56 Million |
| 2014 | 22.73% | 13.34% | 1.08x | 1.58x | CN¥23.81 Million |
| 2015 | 20.37% | 15.07% | 0.92x | 1.48x | CN¥30.89 Million |
| 2016 | 23.42% | 15.46% | 1.13x | 1.34x | CN¥51.58 Million |
| 2017 | 8.72% | 11.63% | 0.61x | 1.22x | CN¥-11.40 Million |
| 2018 | 9.92% | 8.43% | 0.71x | 1.65x | CN¥-773.38K |
| 2019 | 7.15% | 4.84% | 0.88x | 1.67x | CN¥-29.54 Million |
| 2020 | 7.64% | 7.63% | 0.65x | 1.53x | CN¥-41.82 Million |
| 2021 | 8.53% | 8.56% | 0.57x | 1.75x | CN¥-28.41 Million |
| 2022 | 5.59% | 5.75% | 0.56x | 1.74x | CN¥-90.62 Million |
| 2023 | 2.00% | 2.35% | 0.42x | 2.04x | CN¥-166.86 Million |
| 2024 | -3.66% | -3.76% | 0.50x | 1.96x | CN¥-274.30 Million |
Industry Comparison
This section compares Jiangsu Transimage Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Transimage Technology Co Ltd (002866) | CN¥1.98 Billion | 16.28% | 0.97x | $1.10 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Jiangsu Transimage Technology Co Ltd
Jiangsu Transimage Technology Co., Ltd. engages in the research, design, development, manufacture, and sale of various input equipment, and printed circuit boards in China and internationally. The company offers notebook/desktop keyboards, tablet external keyboards, touch modules, and mice which are used in computers products. It also provides flexible circuit boards. In addition, the company pro… Read more