Sichuan Jinshi Technology Co Ltd Class A (002951) - Net Assets
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. Check how strategically is Sichuan Jinshi Technology Co Ltd Class A's equity deployed to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see Sichuan Jinshi Technology Co Ltd Class A stock valuation.
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. Also explore Sichuan Jinshi Technology Co Ltd Class A (002951) equity growth momentum to track the company's year-over-year net asset growth rate.
| 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 |
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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 |
|---|---|
|
SpyGlass Pharma, Inc.
NASDAQ:SGP
|
$919.82 Million |
|
CERES POWER HLDGS
F:CFJ
|
$919.95 Million |
|
Suzhou Hailu Heavy Industry Co Ltd
SHE:002255
|
$920.39 Million |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
$920.41 Million |
|
CWB Automotive Electronics Co Ltd
SHG:605005
|
$919.50 Million |
|
Firefly Metals Ltd
AU:FFM
|
$919.30 Million |
|
Zhejiang Songyuan Automotive Safety
SHE:300893
|
$919.17 Million |
|
Evolv Technologies Holdings Inc
NASDAQ:EVLV
|
$919.14 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: 3.28x
- 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 6.99x to 3.28x 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¥15.52 | x |
| 2018-12-31 | CN¥2.54 | CN¥15.52 | x |
| 2019-12-31 | CN¥3.27 | CN¥15.52 | x |
| 2020-12-31 | CN¥3.48 | CN¥15.52 | x |
| 2021-12-31 | CN¥3.97 | CN¥15.52 | x |
| 2022-12-31 | CN¥4.42 | CN¥15.52 | x |
| 2023-12-31 | CN¥5.05 | CN¥15.52 | x |
| 2024-12-31 | CN¥4.73 | CN¥15.52 | 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: $2,502,997,767
- Average return on equity (ROE) among peers: 7.18%
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 | $919.78 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $366.56 Million | 17.55% | 1.01x | $519.26 Million |
| Huangshan Novel Co Ltd (002014) | $698.53 Million | 14.41% | 0.40x | $1.02 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $6.31 Billion | -5.48% | 0.32x | $740.74 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $3.11 Billion | 3.32% | 1.40x | $541.55 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $128.26 Million | 25.54% | 1.46x | $1.23 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $2.72 Billion | 2.49% | 0.09x | $879.56 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.87 Billion | 2.03% | 0.50x | $1.18 Billion |
| Shandong Lipeng Co Ltd (002374) | $2.57 Billion | 1.32% | 1.34x | $471.64 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.30 Billion | 3.23% | 0.56x | $770.08 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $1.95 Billion | 7.35% | 0.76x | $1.34 Billion |
About Sichuan Jinshi Technology Co Ltd Class A
Sichuan Jinshi Technology Co.,Ltd does not have significant operations. Previously, it was engaged in the research and development, production, and sale of cigarette labels and packaging printed materials. The company plans to operate business through asset restructuring or new business expansion. The company was incorporated in 2008 and is headquartered in Chengdu, China. Sichuan Jinshi Technolo… Read more