Sichuan Jinshi Technology Co Ltd Class A (002951) - Net Assets

Latest as of June 2025: CN¥1.81 Billion CNY ≈ $264.74 Million USD

Based on the latest financial reports, Sichuan Jinshi Technology Co Ltd Class A (002951) has net assets worth CN¥1.81 Billion CNY (≈ $264.74 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.16 Billion ≈ $315.99 Million USD) and total liabilities (CN¥350.20 Million ≈ $51.25 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. Also explore how large is Sichuan Jinshi Technology Co Ltd Class A's balance sheet for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.81 Billion
% of Total Assets	83.78%
Annual Growth Rate	18.9%
5-Year Change	39.07%
10-Year Change	N/A
Growth Volatility	20.55

Sichuan Jinshi Technology Co Ltd Class A - Net Assets Trend (2016–2024)

This chart illustrates how Sichuan Jinshi Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Check Sichuan Jinshi Technology Co Ltd Class A (002951) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Sichuan Jinshi Technology Co Ltd Class A (2016–2024)

The table below shows the annual net assets of Sichuan Jinshi Technology Co Ltd Class A from 2016 to 2024. For live valuation and market cap data, see market value of Sichuan Jinshi Technology Co Ltd Class A.

Year	Net Assets	Change
2024-12-31	CN¥1.96 Billion ≈ $287.12 Million	-4.05%
2023-12-31	CN¥2.04 Billion ≈ $299.25 Million	+13.90%
2022-12-31	CN¥1.80 Billion ≈ $262.72 Million	+11.04%
2021-12-31	CN¥1.62 Billion ≈ $236.60 Million	+14.60%
2020-12-31	CN¥1.41 Billion ≈ $206.46 Million	+6.58%
2019-12-31	CN¥1.32 Billion ≈ $193.70 Million	+44.67%
2018-12-31	CN¥915.02 Million ≈ $133.90 Million	+14.39%
2017-12-31	CN¥799.88 Million ≈ $117.05 Million	+62.85%
2016-12-31	CN¥491.17 Million ≈ $71.87 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sichuan Jinshi Technology 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 120.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥693.54 Million	36.19%
Other Components	CN¥1.22 Billion	63.81%
Total Equity	CN¥1.92 Billion	100.00%

Sichuan Jinshi Technology Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Sichuan Jinshi Technology Co Ltd Class A ranked by their market capitalization.

Company	Market Cap
Pet Acquisition LLC NASDAQ:WOOF	$671.47 Million
Yext Inc NYSE:YEXT	$671.64 Million
Hubei Jiuzhiyang Infrared System Co Ltd SHE:300516	$671.66 Million
Queclink Wireless Solutions Co Ltd SHE:300590	$671.66 Million
Kopin Corporation NASDAQ:KOPN	$671.15 Million
Ridgepost Capital, Inc NYSE:RPC	$671.13 Million
Bestsun Energy Co Ltd SHG:600681	$671.04 Million
2G Energy AG XETRA:2GB	$670.96 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sichuan Jinshi Technology Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,043,334,377 to 1,916,432,422, a change of -126,901,955 (-6.2%).
Net loss of 4,396,973 reduced equity.
Dividend payments of 200,205,163 reduced retained earnings.
Other factors increased equity by 77,700,181.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-4.40 Million	-0.23%
Dividends Paid	CN¥200.21 Million	-10.45%
Other Changes	CN¥77.70 Million	+4.05%
Total Change	CN¥-	-6.21%

Book Value vs Market Value Analysis

This analysis compares Sichuan Jinshi Technology 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: 2.39x
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 5.10x to 2.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CN¥2.22	CN¥11.33	x
2018-12-31	CN¥2.54	CN¥11.33	x
2019-12-31	CN¥3.27	CN¥11.33	x
2020-12-31	CN¥3.48	CN¥11.33	x
2021-12-31	CN¥3.97	CN¥11.33	x
2022-12-31	CN¥4.42	CN¥11.33	x
2023-12-31	CN¥5.05	CN¥11.33	x
2024-12-31	CN¥4.73	CN¥11.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sichuan Jinshi Technology 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): -0.23%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.17%
• Asset Turnover: 0.15x
• Equity Multiplier: 1.28x
Recent ROE (-0.23%) is below the historical average (14.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	56.51%	34.12%	0.71x	2.34x	CN¥228.44 Million
2017	22.59%	33.15%	0.58x	1.17x	CN¥100.68 Million
2018	21.36%	29.92%	0.62x	1.15x	CN¥103.92 Million
2019	13.63%	30.86%	0.38x	1.15x	CN¥48.04 Million
2020	13.41%	29.59%	0.38x	1.19x	CN¥48.09 Million
2021	3.47%	14.40%	0.22x	1.11x	CN¥-105.05 Million
2022	-2.04%	-19.82%	0.09x	1.13x	CN¥-215.57 Million
2023	-2.18%	-131.45%	0.01x	1.13x	CN¥-248.90 Million
2024	-0.23%	-1.17%	0.15x	1.28x	CN¥-196.04 Million

Industry Comparison

This section compares Sichuan Jinshi Technology Co Ltd Class A's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

Industry: Packaging & Containers
Average net assets among peers: $2,337,754,362
Average return on equity (ROE) among peers: 9.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sichuan Jinshi Technology Co Ltd Class A (002951)	CN¥1.81 Billion	56.51%	0.19x	$671.46 Million
Zhuhai Zhongfu Enterprise Co Ltd (000659)	$2.55 Billion	4.08%	1.23x	$453.41 Million
Huangshan Novel Co Ltd (002014)	$2.64 Billion	17.74%	0.64x	$972.45 Million
Shenzhen Jinjia Color Printing Group Co Ltd (002191)	$606.93 Million	26.82%	1.71x	$775.41 Million
Xiamen Hexing Packaging Printing Co Ltd (002228)	$109.30 Million	18.57%	2.20x	$527.34 Million
Shenzhen Beauty Star Co Ltd (002243)	$5.77 Billion	9.25%	0.50x	$1.20 Billion
Zhejiang Great Southeast Co Ltd (002263)	$2.41 Billion	7.36%	0.13x	$744.88 Million
Shenzhen MYS Environmental Protection & Technology Co Ltd (002303)	$4.97 Billion	2.71%	0.49x	$916.49 Million
Shandong Lipeng Co Ltd (002374)	$827.71 Million	4.97%	0.44x	$417.64 Million
Zhejiang Zhongcheng Packing Material Co Ltd (002522)	$1.36 Billion	4.42%	0.28x	$592.47 Million
Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565)	$2.14 Billion	0.37%	0.41x	$1.33 Billion

About Sichuan Jinshi Technology Co Ltd Class A

SHE:002951 China Packaging & Containers

Market Cap

$671.46 Million

CN¥4.59 Billion CNY

Market Cap Rank

#10532 Global

#2732 in China

Share Price

CN¥11.33

Change (1 day)

-6.36%

52-Week Range

CN¥11.33 - CN¥24.79

All Time High

CN¥32.34