Jinlongyu Group Co Ltd Class A (002882) - Net Assets
Based on the latest financial reports, Jinlongyu Group Co Ltd Class A (002882) has net assets worth CN¥2.13 Billion CNY (≈ $311.63 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¥4.71 Billion ≈ $688.72 Million USD) and total liabilities (CN¥2.58 Billion ≈ $377.09 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 Jinlongyu Group Co Ltd Class A (002882) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.13 Billion |
| % of Total Assets | 45.25% |
| Annual Growth Rate | 13.85% |
| 5-Year Change | 10.62% |
| 10-Year Change | 213.95% |
| Growth Volatility | 20.91 |
Jinlongyu Group Co Ltd Class A - Net Assets Trend (2012–2024)
This chart illustrates how Jinlongyu Group Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. See 002882 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jinlongyu Group Co Ltd Class A (2012–2024)
The table below shows the annual net assets of Jinlongyu Group Co Ltd Class A from 2012 to 2024. For live valuation and market cap data, see Jinlongyu Group Co Ltd Class A market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.15 Billion ≈ $315.18 Million |
+2.84% |
| 2023-12-31 | CN¥2.09 Billion ≈ $306.46 Million |
+4.13% |
| 2022-12-31 | CN¥2.01 Billion ≈ $294.30 Million |
+7.50% |
| 2021-12-31 | CN¥1.87 Billion ≈ $273.75 Million |
-3.92% |
| 2020-12-31 | CN¥1.95 Billion ≈ $284.93 Million |
+5.11% |
| 2019-12-31 | CN¥1.85 Billion ≈ $271.07 Million |
+16.01% |
| 2018-12-31 | CN¥1.60 Billion ≈ $233.65 Million |
+15.02% |
| 2017-12-31 | CN¥1.39 Billion ≈ $203.14 Million |
+78.60% |
| 2016-12-31 | CN¥777.31 Million ≈ $113.74 Million |
+13.30% |
| 2015-12-31 | CN¥686.05 Million ≈ $100.39 Million |
+11.00% |
| 2014-12-31 | CN¥618.06 Million ≈ $90.44 Million |
+3.46% |
| 2013-12-31 | CN¥597.37 Million ≈ $87.41 Million |
+31.49% |
| 2012-12-31 | CN¥454.31 Million ≈ $66.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jinlongyu Group Co Ltd Class A'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 565.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥936.17 Million | 43.78% |
| Common Stock | CN¥432.90 Million | 20.25% |
| Other Comprehensive Income | CN¥161.92 Million | 7.57% |
| Other Components | CN¥607.13 Million | 28.40% |
| Total Equity | CN¥2.14 Billion | 100.00% |
Jinlongyu Group Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Jinlongyu Group Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Techno Electric & Engineering Company Limited
NSE:TECHNOE
|
$1.35 Billion |
|
PSMC CO. Ltd
KQ:024850
|
$1.35 Billion |
|
Shenzhen Noposion Agrochemicals Co Ltd
SHE:002215
|
$1.35 Billion |
|
Poongsan
KO:103140
|
$1.35 Billion |
|
Cardinal Energy Ltd
TO:CJ
|
$1.35 Billion |
|
Companhia Siderúrgica Nacional
SA:CSNA3
|
$1.35 Billion |
|
Indegene Ltd
NSE:INDGN
|
$1.35 Billion |
|
Ningbo Menovo Pharm Co Ltd
SHG:603538
|
$1.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinlongyu Group Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,094,306,957 to 2,138,123,696, a change of 43,816,739 (2.1%).
- Net income of 140,135,449 contributed positively to equity growth.
- Dividend payments of 96,718,721 reduced retained earnings.
- Other comprehensive income decreased equity by 12,407,765.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥140.14 Million | +6.55% |
| Dividends Paid | CN¥96.72 Million | -4.52% |
| Other Comprehensive Income | CN¥-12.41 Million | -0.58% |
| Other Changes | CN¥12.81 Million | +0.6% |
| Total Change | CN¥- | 2.09% |
Book Value vs Market Value Analysis
This analysis compares Jinlongyu Group Co Ltd Class A'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: 4.31x
- 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 16.16x to 4.31x 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¥1.32 | CN¥21.28 | x |
| 2013-12-31 | CN¥1.73 | CN¥21.28 | x |
| 2014-12-31 | CN¥1.79 | CN¥21.28 | x |
| 2015-12-31 | CN¥1.99 | CN¥21.28 | x |
| 2016-12-31 | CN¥2.24 | CN¥21.28 | x |
| 2017-12-31 | CN¥3.61 | CN¥21.28 | x |
| 2018-12-31 | CN¥3.74 | CN¥21.28 | x |
| 2019-12-31 | CN¥4.28 | CN¥21.28 | x |
| 2020-12-31 | CN¥4.50 | CN¥21.28 | x |
| 2021-12-31 | CN¥4.32 | CN¥21.28 | x |
| 2022-12-31 | CN¥4.65 | CN¥21.28 | x |
| 2023-12-31 | CN¥4.84 | CN¥21.28 | x |
| 2024-12-31 | CN¥4.94 | CN¥21.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinlongyu Group Co Ltd Class A 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): 6.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.81%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.78x
- Recent ROE (6.55%) is below the historical average (11.59%), 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 | 14.81% | 4.54% | 1.23x | 2.64x | CN¥21.85 Million |
| 2013 | 12.12% | 4.40% | 1.41x | 1.96x | CN¥12.64 Million |
| 2014 | 12.57% | 4.95% | 1.55x | 1.64x | CN¥15.88 Million |
| 2015 | 13.93% | 5.70% | 1.48x | 1.65x | CN¥26.96 Million |
| 2016 | 15.18% | 6.59% | 1.53x | 1.50x | CN¥40.26 Million |
| 2017 | 13.70% | 8.04% | 1.41x | 1.21x | CN¥51.40 Million |
| 2018 | 15.21% | 7.32% | 1.44x | 1.44x | CN¥83.22 Million |
| 2019 | 15.14% | 7.29% | 1.59x | 1.30x | CN¥95.18 Million |
| 2020 | 9.86% | 6.00% | 1.20x | 1.37x | CN¥-2.79 Million |
| 2021 | 2.76% | 1.12% | 1.45x | 1.69x | CN¥-135.47 Million |
| 2022 | 11.03% | 5.58% | 1.42x | 1.39x | CN¥20.75 Million |
| 2023 | 7.79% | 4.15% | 1.20x | 1.57x | CN¥-46.23 Million |
| 2024 | 6.55% | 3.81% | 0.96x | 1.78x | CN¥-73.68 Million |
Industry Comparison
This section compares Jinlongyu Group Co Ltd Class A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinlongyu Group Co Ltd Class A (002882) | CN¥2.13 Billion | 14.81% | 1.21x | $1.35 Billion |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About Jinlongyu Group Co Ltd Class A
Jinlongyu Group Co., Ltd. engages in research and development, production, sale, and service of wires and cables in China. It offers low smoke halogen-free and flame-retardant wires and cables, fire-resistant low smoke halogen-free wires and cables, fire-resistant wires and cables, flame-retardant wires and cables, aluminum alloy wires and cables, waterproof cables, anti-ant cables, branch cables… Read more