Jiangsu Zhongshe Group Co Ltd
Jiangsu Zhongshe Group Co., Ltd. provides engineering design consulting and general contracting services in the field of transportation, municipal administration, construction, and environment in China. The company engages in the comprehensive transportation planning for regions and cities; special transportation planning for highways, water transportation, passenger and freight hubs, ports, logi… Read more
Jiangsu Zhongshe Group Co Ltd (002883) - Net Assets
Latest net assets as of September 2025: CN¥648.39 Million CNY
Based on the latest financial reports, Jiangsu Zhongshe Group Co Ltd (002883) has net assets worth CN¥648.39 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¥852.48 Million) and total liabilities (CN¥204.10 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¥648.39 Million |
| % of Total Assets | 76.06% |
| Annual Growth Rate | 21.97% |
| 5-Year Change | 11.41% |
| 10-Year Change | 433.41% |
| Growth Volatility | 35.44 |
Jiangsu Zhongshe Group Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Jiangsu Zhongshe Group 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 Jiangsu Zhongshe Group Co Ltd (2012–2024)
The table below shows the annual net assets of Jiangsu Zhongshe Group Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥677.86 Million | -12.54% |
| 2023-12-31 | CN¥775.02 Million | +6.09% |
| 2022-12-31 | CN¥730.53 Million | +7.46% |
| 2021-12-31 | CN¥679.84 Million | +11.74% |
| 2020-12-31 | CN¥608.43 Million | +23.18% |
| 2019-12-31 | CN¥493.93 Million | +11.71% |
| 2018-12-31 | CN¥442.14 Million | +12.17% |
| 2017-12-31 | CN¥394.18 Million | +135.80% |
| 2016-12-31 | CN¥167.17 Million | +31.55% |
| 2015-12-31 | CN¥127.08 Million | +25.96% |
| 2014-12-31 | CN¥100.89 Million | +35.91% |
| 2013-12-31 | CN¥74.23 Million | +18.71% |
| 2012-12-31 | CN¥62.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Zhongshe Group 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 1155.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥347.86 Million | 51.32% |
| Common Stock | CN¥156.16 Million | 23.04% |
| Other Components | CN¥173.84 Million | 25.65% |
| Total Equity | CN¥677.86 Million | 100.00% |
Jiangsu Zhongshe Group Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Zhongshe Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marathon Nextgen Realty Limited
NSE:MARATHON
|
$115.99 Million |
|
China Railway High speed Electrification Equipment Co Ltd
SHG:688285
|
$116.00 Million |
|
Smartpay Holdings Ltd
AU:SMP
|
$116.03 Million |
|
Black Spade Acquisition II Co
NASDAQ:BSII
|
$116.10 Million |
|
KULR Technology Group Inc
NYSE MKT:KULR
|
$115.98 Million |
|
ACG
F:ACG
|
$115.98 Million |
|
Orion Office Reit Inc
NYSE:ONL
|
$115.93 Million |
|
The New India Assurance Company Limited
NSE:NIACL
|
$115.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Zhongshe Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 677,775,000 to 677,862,000, a change of 87,000 (0.0%).
- Net income of 10,165,000 contributed positively to equity growth.
- Dividend payments of 12,597,000 reduced retained earnings.
- Other comprehensive income increased equity by 77,335.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥10.16 Million | +1.5% |
| Dividends Paid | CN¥12.60 Million | -1.86% |
| Other Comprehensive Income | CN¥77.33K | +0.01% |
| Other Changes | CN¥2.44 Million | +0.36% |
| Total Change | CN¥- | 0.01% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Zhongshe Group 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: 2.16x
- 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 17.69x to 2.16x 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¥0.57 | CN¥10.09 | x |
| 2013-12-31 | CN¥0.67 | CN¥10.09 | x |
| 2014-12-31 | CN¥0.93 | CN¥10.09 | x |
| 2015-12-31 | CN¥0.99 | CN¥10.09 | x |
| 2016-12-31 | CN¥1.33 | CN¥10.09 | x |
| 2017-12-31 | CN¥2.84 | CN¥10.09 | x |
| 2018-12-31 | CN¥2.78 | CN¥10.09 | x |
| 2019-12-31 | CN¥3.16 | CN¥10.09 | x |
| 2020-12-31 | CN¥3.54 | CN¥10.09 | x |
| 2021-12-31 | CN¥3.88 | CN¥10.09 | x |
| 2022-12-31 | CN¥4.14 | CN¥10.09 | x |
| 2023-12-31 | CN¥4.28 | CN¥10.09 | x |
| 2024-12-31 | CN¥4.67 | CN¥10.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Zhongshe Group 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): 1.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.67%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.38x
- Recent ROE (1.50%) is below the historical average (16.07%), 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 | 27.58% | 12.93% | 0.93x | 2.30x | CN¥9.67 Million |
| 2013 | 22.53% | 11.74% | 0.94x | 2.05x | CN¥8.10 Million |
| 2014 | 32.52% | 18.36% | 0.93x | 1.90x | CN¥20.27 Million |
| 2015 | 21.13% | 16.06% | 0.81x | 1.62x | CN¥12.71 Million |
| 2016 | 26.29% | 21.15% | 0.77x | 1.62x | CN¥25.10 Million |
| 2017 | 12.91% | 21.14% | 0.52x | 1.18x | CN¥11.08 Million |
| 2018 | 13.19% | 21.02% | 0.52x | 1.21x | CN¥13.73 Million |
| 2019 | 13.40% | 20.92% | 0.52x | 1.22x | CN¥16.57 Million |
| 2020 | 13.43% | 15.51% | 0.48x | 1.79x | CN¥18.81 Million |
| 2021 | 10.05% | 9.97% | 0.50x | 2.01x | CN¥324.40K |
| 2022 | 8.07% | 6.93% | 0.60x | 1.95x | CN¥-12.35 Million |
| 2023 | 6.31% | 5.78% | 0.56x | 1.95x | CN¥-25.00 Million |
| 2024 | 1.50% | 1.67% | 0.65x | 1.38x | CN¥-57.62 Million |
Industry Comparison
This section compares Jiangsu Zhongshe Group Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zhongshe Group Co Ltd (002883) | CN¥648.39 Million | 27.58% | 0.31x | $115.98 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |