Jinfu Technology Co Ltd
JinFu Technology Co., Ltd. primarily engages in the research and development, production, and sales of plastic packaging products in China and internationally. It offers plastic anti-theft bottle caps, other plastic packaging fields, and other types of bottle caps, as well as metal pull ring cover and handle. The company offers bottle, including drinking water type, seasoning type, medical type, … Read more
Jinfu Technology Co Ltd (003018) - Net Assets
Latest net assets as of September 2025: CN¥1.59 Billion CNY
Based on the latest financial reports, Jinfu Technology Co Ltd (003018) has net assets worth CN¥1.59 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¥1.95 Billion) and total liabilities (CN¥358.76 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¥1.59 Billion |
| % of Total Assets | 81.62% |
| Annual Growth Rate | 22.46% |
| 5-Year Change | 22.37% |
| 10-Year Change | N/A |
| Growth Volatility | 25.99 |
Jinfu Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Jinfu Technology 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 Jinfu Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Jinfu Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.58 Billion | +5.99% |
| 2023-12-31 | CN¥1.49 Billion | +6.45% |
| 2022-12-31 | CN¥1.40 Billion | +6.59% |
| 2021-12-31 | CN¥1.31 Billion | +1.75% |
| 2020-12-31 | CN¥1.29 Billion | +81.38% |
| 2019-12-31 | CN¥710.92 Million | +17.09% |
| 2018-12-31 | CN¥607.15 Million | +31.33% |
| 2017-12-31 | CN¥462.29 Million | +48.22% |
| 2016-12-31 | CN¥311.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jinfu Technology 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 713.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥647.59 Million | 41.04% |
| Common Stock | CN¥260.00 Million | 16.48% |
| Other Comprehensive Income | CN¥56.08 Million | 3.55% |
| Other Components | CN¥614.21 Million | 38.93% |
| Total Equity | CN¥1.58 Billion | 100.00% |
Jinfu Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jinfu Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banca IFIS S.p.A.
LSE:0NBX
|
$783.46 Million |
|
The RealReal Inc
F:6RR
|
$783.60 Million |
|
Noah Holdings Ltd
NYSE:NOAH
|
$783.86 Million |
|
Cangzhou Mingzhu Plastic Co Ltd
SHE:002108
|
$784.00 Million |
|
Jack Sewing
SHG:603337
|
$783.17 Million |
|
Geron Corporation
NASDAQ:GERN
|
$783.00 Million |
|
Suzhou Sushi Testing Instrument Co Ltd
SHE:300416
|
$782.90 Million |
|
Shenzhen Fine Made Electronics Group Co Ltd
SHE:300671
|
$781.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinfu Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,488,670,163 to 1,577,875,840, a change of 89,205,677 (6.0%).
- Net income of 141,205,677 contributed positively to equity growth.
- Dividend payments of 53,025,665 reduced retained earnings.
- Other comprehensive income increased equity by 56,077,547.
- Other factors decreased equity by 55,051,882.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥141.21 Million | +8.95% |
| Dividends Paid | CN¥53.03 Million | -3.36% |
| Other Comprehensive Income | CN¥56.08 Million | +3.55% |
| Other Changes | CN¥-55.05 Million | -3.49% |
| Total Change | CN¥- | 5.99% |
Book Value vs Market Value Analysis
This analysis compares Jinfu Technology 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: 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 12.49x 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 |
|---|---|---|---|
| 2016-12-31 | CN¥2.02 | CN¥25.22 | x |
| 2017-12-31 | CN¥2.65 | CN¥25.22 | x |
| 2018-12-31 | CN¥3.29 | CN¥25.22 | x |
| 2019-12-31 | CN¥2.73 | CN¥25.22 | x |
| 2020-12-31 | CN¥4.96 | CN¥25.22 | x |
| 2021-12-31 | CN¥5.05 | CN¥25.22 | x |
| 2022-12-31 | CN¥5.38 | CN¥25.22 | x |
| 2023-12-31 | CN¥5.76 | CN¥25.22 | x |
| 2024-12-31 | CN¥6.07 | CN¥25.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinfu Technology 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): 8.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.83%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.20x
- Recent ROE (8.95%) is below the historical average (11.96%), 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 | 27.73% | 18.96% | 0.78x | 1.88x | CN¥55.31 Million |
| 2017 | 11.32% | 10.50% | 0.78x | 1.38x | CN¥6.08 Million |
| 2018 | 13.98% | 14.93% | 0.75x | 1.24x | CN¥24.14 Million |
| 2019 | 14.60% | 17.35% | 0.70x | 1.20x | CN¥32.68 Million |
| 2020 | 6.84% | 17.15% | 0.38x | 1.04x | CN¥-40.74 Million |
| 2021 | 9.25% | 18.40% | 0.45x | 1.11x | CN¥-9.87 Million |
| 2022 | 7.48% | 14.17% | 0.47x | 1.12x | CN¥-35.27 Million |
| 2023 | 7.46% | 14.36% | 0.46x | 1.12x | CN¥-37.80 Million |
| 2024 | 8.95% | 15.83% | 0.47x | 1.20x | CN¥-16.58 Million |
Industry Comparison
This section compares Jinfu Technology Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,635,927,776
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinfu Technology Co Ltd (003018) | CN¥1.59 Billion | 27.73% | 0.23x | $783.17 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $2.55 Billion | 4.08% | 1.23x | $570.17 Million |
| Huangshan Novel Co Ltd (002014) | $698.53 Million | 14.41% | 0.40x | $312.77 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.69 Billion | 16.10% | 0.61x | $478.88 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $2.04 Billion | 20.46% | 1.67x | $291.09 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $524.36 Million | 12.93% | 0.25x | $717.44 Million |
| Zhejiang Great Southeast Co Ltd (002263) | $2.79 Billion | -6.65% | 0.42x | $599.99 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $104.31 Million | 32.09% | 1.08x | $443.43 Million |
| Shandong Lipeng Co Ltd (002374) | $1.15 Billion | -14.01% | 2.25x | $388.18 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $1.98 Billion | 1.81% | 0.57x | $480.48 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $1.84 Billion | -2.78% | 0.79x | $1.10 Billion |