Jiangsu Rijiu Optoelectronics Joint (003015) - Net Assets
Based on the latest financial reports, Jiangsu Rijiu Optoelectronics Joint (003015) has net assets worth CN¥1.09 Billion CNY (≈ $159.47 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¥1.22 Billion ≈ $178.56 Million USD) and total liabilities (CN¥130.44 Million ≈ $19.09 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 Jiangsu Rijiu Optoelectronics Joint (003015) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.09 Billion |
| % of Total Assets | 89.31% |
| Annual Growth Rate | 23.28% |
| 5-Year Change | -13.83% |
| 10-Year Change | 380.31% |
| Growth Volatility | 27.59 |
Jiangsu Rijiu Optoelectronics Joint - Net Assets Trend (2013–2024)
This chart illustrates how Jiangsu Rijiu Optoelectronics Joint's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Rijiu Optoelectronics Joint asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Rijiu Optoelectronics Joint (2013–2024)
The table below shows the annual net assets of Jiangsu Rijiu Optoelectronics Joint from 2013 to 2024. For live valuation and market cap data, see 003015 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥971.46 Million ≈ $142.16 Million |
-0.94% |
| 2023-12-31 | CN¥980.71 Million ≈ $143.51 Million |
-6.74% |
| 2022-12-31 | CN¥1.05 Billion ≈ $153.88 Million |
-5.99% |
| 2021-12-31 | CN¥1.12 Billion ≈ $163.69 Million |
-0.78% |
| 2020-12-31 | CN¥1.13 Billion ≈ $164.97 Million |
+83.45% |
| 2019-12-31 | CN¥614.56 Million ≈ $89.93 Million |
+16.03% |
| 2018-12-31 | CN¥529.66 Million ≈ $77.51 Million |
+41.95% |
| 2017-12-31 | CN¥373.13 Million ≈ $54.60 Million |
+27.56% |
| 2016-12-31 | CN¥292.51 Million ≈ $42.80 Million |
+44.62% |
| 2015-12-31 | CN¥202.26 Million ≈ $29.60 Million |
+35.92% |
| 2014-12-31 | CN¥148.80 Million ≈ $21.77 Million |
+53.12% |
| 2013-12-31 | CN¥97.18 Million ≈ $14.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Rijiu Optoelectronics Joint'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 28177976381.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥253.96 Million | 26.14% |
| Common Stock | CN¥281.07 Million | 28.93% |
| Other Comprehensive Income | CN¥71.97 Million | 7.41% |
| Other Components | CN¥364.46 Million | 37.52% |
| Total Equity | CN¥971.46 Million | 100.00% |
Jiangsu Rijiu Optoelectronics Joint Competitors by Market Cap
The table below lists competitors of Jiangsu Rijiu Optoelectronics Joint ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avanos Medical Inc
NYSE:AVNS
|
$623.15 Million |
|
Shenzhen Jiawei Photovoltaic Lighting Co Ltd
SHE:300317
|
$623.21 Million |
|
Greenlam Industries Limited
NSE:GREENLAM
|
$623.28 Million |
|
Suzhou Sunmun Technology Co Ltd
SHE:300522
|
$623.31 Million |
|
E2E Networks Limited
NSE:E2E
|
$623.03 Million |
|
Forge Global Holdings Inc
NYSE:FRGE
|
$623.01 Million |
|
Solus Advanced Materials Co Ltd
KO:336370
|
$622.85 Million |
|
Kimball Electronics
NASDAQ:KE
|
$622.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Rijiu Optoelectronics Joint's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 980,710,115 to 971,462,759, a change of -9,247,356 (-0.9%).
- Net income of 67,474,242 contributed positively to equity growth.
- Dividend payments of 29,012,504 reduced retained earnings.
- Share repurchases of 50,052,476 reduced equity.
- Other comprehensive income increased equity by 71,973,109.
- Other factors decreased equity by 69,629,727.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥67.47 Million | +6.95% |
| Dividends Paid | CN¥29.01 Million | -2.99% |
| Share Repurchases | CN¥50.05 Million | -5.15% |
| Other Comprehensive Income | CN¥71.97 Million | +7.41% |
| Other Changes | CN¥-69.63 Million | -7.17% |
| Total Change | CN¥- | -0.94% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Rijiu Optoelectronics Joint'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: 4.16x
- 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 19.52x to 4.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.78 | CN¥15.15 | x |
| 2014-12-31 | CN¥0.92 | CN¥15.15 | x |
| 2015-12-31 | CN¥1.32 | CN¥15.15 | x |
| 2016-12-31 | CN¥1.79 | CN¥15.15 | x |
| 2017-12-31 | CN¥2.02 | CN¥15.15 | x |
| 2018-12-31 | CN¥2.67 | CN¥15.15 | x |
| 2019-12-31 | CN¥2.19 | CN¥15.15 | x |
| 2020-12-31 | CN¥5.40 | CN¥15.15 | x |
| 2021-12-31 | CN¥4.04 | CN¥15.15 | x |
| 2022-12-31 | CN¥3.87 | CN¥15.15 | x |
| 2023-12-31 | CN¥3.55 | CN¥15.15 | x |
| 2024-12-31 | CN¥3.64 | CN¥15.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Rijiu Optoelectronics Joint 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): 6.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.57%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.14x
- Recent ROE (6.95%) is above the historical average (5.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -18.04% | -1047.89% | 0.01x | 1.86x | CN¥-27.24 Million |
| 2014 | 1.09% | 1.86% | 0.38x | 1.56x | CN¥-13.26 Million |
| 2015 | 11.40% | 11.60% | 0.65x | 1.52x | CN¥2.83 Million |
| 2016 | 8.92% | 9.36% | 0.62x | 1.53x | CN¥-3.17 Million |
| 2017 | 10.89% | 12.51% | 0.56x | 1.55x | CN¥3.30 Million |
| 2018 | 14.58% | 16.59% | 0.65x | 1.36x | CN¥24.27 Million |
| 2019 | 13.81% | 15.40% | 0.55x | 1.63x | CN¥23.44 Million |
| 2020 | 8.79% | 19.15% | 0.36x | 1.28x | CN¥-13.65 Million |
| 2021 | 7.36% | 16.87% | 0.36x | 1.20x | CN¥-29.50 Million |
| 2022 | 3.79% | 8.50% | 0.36x | 1.24x | CN¥-65.27 Million |
| 2023 | -1.69% | -3.47% | 0.40x | 1.23x | CN¥-114.65 Million |
| 2024 | 6.95% | 11.57% | 0.52x | 1.14x | CN¥-29.67 Million |
Industry Comparison
This section compares Jiangsu Rijiu Optoelectronics Joint's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,145,101,575
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Rijiu Optoelectronics Joint (003015) | CN¥1.09 Billion | -18.04% | 0.12x | $623.10 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $90.42 Million | 27.06% | 0.87x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.46 Billion | 18.08% | 0.97x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.57 Billion | -90.11% | 2.59x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $16.39 Billion | 9.78% | 0.86x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $107.09 Million | 21.41% | 1.19x | $605.40 Million |
About Jiangsu Rijiu Optoelectronics Joint
Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd. engages in the research and development, production, and sales of touch display application materials. It offers ITO, copper, and EMI conductive film; optical films; optical clear adhesive products; and PET protective and release, and hardened films. The company was formerly known as Kunshan Rijiu New Energy Applied Materials Co., Ltd. and change… Read more