Jade Bird Fire Alarm
Jade Bird Fire Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells professional fire safety electronic products and intelligent fire safety systems in China and internationally. The company offers fire safety systems, automatic fire alarm systems, small-area fire safety systems, gaseous suppression and control systems, fire door monitoring systems, electrical … Read more
Jade Bird Fire Alarm (002960) - Net Assets
Latest net assets as of September 2025: CN¥6.69 Billion CNY
Based on the latest financial reports, Jade Bird Fire Alarm (002960) has net assets worth CN¥6.69 Billion 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¥9.73 Billion) and total liabilities (CN¥3.04 Billion). 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¥6.69 Billion |
| % of Total Assets | 68.78% |
| Annual Growth Rate | 35.34% |
| 5-Year Change | 107.46% |
| 10-Year Change | 996.93% |
| Growth Volatility | 23.71 |
Jade Bird Fire Alarm - Net Assets Trend (2011–2024)
This chart illustrates how Jade Bird Fire Alarm's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jade Bird Fire Alarm (2011–2024)
The table below shows the annual net assets of Jade Bird Fire Alarm from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.44 Billion | -0.57% |
| 2023-12-31 | CN¥6.48 Billion | +8.03% |
| 2022-12-31 | CN¥6.00 Billion | +61.04% |
| 2021-12-31 | CN¥3.72 Billion | +19.94% |
| 2020-12-31 | CN¥3.10 Billion | +12.09% |
| 2019-12-31 | CN¥2.77 Billion | +86.62% |
| 2018-12-31 | CN¥1.48 Billion | +30.53% |
| 2017-12-31 | CN¥1.14 Billion | +39.44% |
| 2016-12-31 | CN¥815.19 Million | +38.87% |
| 2015-12-31 | CN¥587.03 Million | +38.50% |
| 2014-12-31 | CN¥423.84 Million | +35.66% |
| 2013-12-31 | CN¥312.42 Million | +67.36% |
| 2012-12-31 | CN¥186.68 Million | +48.30% |
| 2011-12-31 | CN¥125.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jade Bird Fire Alarm'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 3931.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.11 Billion | 51.08% |
| Common Stock | CN¥744.34 Million | 12.22% |
| Other Components | CN¥2.23 Billion | 36.70% |
| Total Equity | CN¥6.09 Billion | 100.00% |
Jade Bird Fire Alarm Competitors by Market Cap
The table below lists competitors of Jade Bird Fire Alarm ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ventyx Biosciences Inc
NASDAQ:VTYX
|
$669.96 Million |
|
Jiangsu Olive Sensors High-Tech Co Ltd
SHE:300507
|
$670.06 Million |
|
Nsfocus Information Technology Co Ltd
SHE:300369
|
$670.14 Million |
|
LINEA DIRECTA A. EO-04
F:8I2
|
$670.18 Million |
|
Elevra Lithium Limited
AU:ELV
|
$669.43 Million |
|
Swedish Logistic Property AB Series B
ST:SLP-B
|
$669.20 Million |
|
Rastar Group
SHE:300043
|
$668.99 Million |
|
Indo Tambangraya Megah Tbk
JK:ITMG
|
$668.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jade Bird Fire Alarm's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,236,612,000 to 6,088,752,000, a change of -147,860,000 (-2.4%).
- Net income of 353,045,696 contributed positively to equity growth.
- Dividend payments of 273,644,000 reduced retained earnings.
- Share repurchases of 299,887,000 reduced equity.
- Other comprehensive income decreased equity by 134,473,834.
- Other factors increased equity by 207,099,138.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥353.05 Million | +5.8% |
| Dividends Paid | CN¥273.64 Million | -4.49% |
| Share Repurchases | CN¥299.89 Million | -4.93% |
| Other Comprehensive Income | CN¥-134.47 Million | -2.21% |
| Other Changes | CN¥207.10 Million | +3.4% |
| Total Change | CN¥- | -2.37% |
Book Value vs Market Value Analysis
This analysis compares Jade Bird Fire Alarm'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: 1.36x
- 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 14.11x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.81 | CN¥11.40 | x |
| 2012-12-31 | CN¥0.39 | CN¥11.40 | x |
| 2013-12-31 | CN¥0.67 | CN¥11.40 | x |
| 2014-12-31 | CN¥0.91 | CN¥11.40 | x |
| 2015-12-31 | CN¥1.27 | CN¥11.40 | x |
| 2016-12-31 | CN¥1.75 | CN¥11.40 | x |
| 2017-12-31 | CN¥2.45 | CN¥11.40 | x |
| 2018-12-31 | CN¥3.21 | CN¥11.40 | x |
| 2019-12-31 | CN¥5.38 | CN¥11.40 | x |
| 2020-12-31 | CN¥4.98 | CN¥11.40 | x |
| 2021-12-31 | CN¥5.48 | CN¥11.40 | x |
| 2022-12-31 | CN¥9.03 | CN¥11.40 | x |
| 2023-12-31 | CN¥8.49 | CN¥11.40 | x |
| 2024-12-31 | CN¥8.36 | CN¥11.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jade Bird Fire Alarm 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): 5.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.17%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.46x
- Recent ROE (5.80%) is below the historical average (25.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 43.73% | 17.72% | 1.15x | 2.15x | CN¥40.78 Million |
| 2012 | 43.51% | 18.47% | 1.23x | 1.91x | CN¥60.72 Million |
| 2013 | 40.52% | 19.48% | 1.15x | 1.81x | CN¥93.06 Million |
| 2014 | 36.19% | 18.79% | 1.18x | 1.63x | CN¥108.90 Million |
| 2015 | 35.05% | 21.33% | 0.96x | 1.71x | CN¥145.21 Million |
| 2016 | 35.37% | 22.15% | 0.96x | 1.66x | CN¥203.67 Million |
| 2017 | 28.68% | 21.89% | 0.85x | 1.54x | CN¥210.28 Million |
| 2018 | 23.40% | 19.36% | 0.82x | 1.48x | CN¥197.03 Million |
| 2019 | 13.20% | 15.95% | 0.63x | 1.32x | CN¥87.87 Million |
| 2020 | 13.95% | 17.03% | 0.58x | 1.41x | CN¥121.83 Million |
| 2021 | 14.95% | 13.71% | 0.68x | 1.60x | CN¥175.50 Million |
| 2022 | 9.82% | 12.38% | 0.57x | 1.39x | CN¥-10.48 Million |
| 2023 | 10.57% | 13.25% | 0.59x | 1.36x | CN¥35.24 Million |
| 2024 | 5.80% | 7.17% | 0.55x | 1.46x | CN¥-255.83 Million |
Industry Comparison
This section compares Jade Bird Fire Alarm's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $1,990,818,058
- Average return on equity (ROE) among peers: 9.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jade Bird Fire Alarm (002960) | CN¥6.69 Billion | 43.73% | 0.45x | $669.57 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $8.43 Billion | 21.66% | 0.82x | $3.97 Billion |
| Shenzhen Infinova Ltd (002528) | $3.67 Billion | 3.78% | 0.49x | $240.84 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $1.19 Billion | 16.91% | 0.26x | $194.68 Million |
| Beijing Telesound Electronics Co Ltd (003004) | $227.69 Million | 31.85% | 0.74x | $135.61 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.33 Billion | -2.95% | 0.14x | $178.64 Million |
| Xiamen Meiya Pico Information (300188) | $850.91 Million | 6.61% | 0.23x | $820.69 Million |
| Joyware Electronics Co Ltd (300270) | $526.66 Million | 7.96% | 0.26x | $365.57 Million |
| Chongqing Mas Sci&Tech (300275) | $894.00 Million | 6.22% | 0.51x | $378.98 Million |
| Sinosun Tech (300333) | $807.95 Million | -2.48% | 0.08x | $392.33 Million |