Jiangling Motors Corp Ltd
Jiangling Motors Corporation, Ltd., together with its subsidiaries, engages in the production and sale of automobiles and automobile parts in China and internationally. It offers commercial vehicles, passenger sport utility vehicles (SUVs), and related components, which include JMC light trucks, pickups, light buses, Ford-branded light buses, multi-purpose passenger vehicles, and other commercial… Read more
Jiangling Motors Corp Ltd (200550) - Net Assets
Latest net assets as of June 2025: HK$10.54 Billion HKD
Based on the latest financial reports, Jiangling Motors Corp Ltd (200550) has net assets worth HK$10.54 Billion HKD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$31.03 Billion) and total liabilities (HK$20.49 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 | HK$10.54 Billion |
| % of Total Assets | 33.98% |
| Annual Growth Rate | 11.75% |
| 5-Year Change | -3.56% |
| 10-Year Change | -11.57% |
| Growth Volatility | 30.16 |
Jiangling Motors Corp Ltd - Net Assets Trend (1991–2024)
This chart illustrates how Jiangling Motors Corp 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 Jiangling Motors Corp Ltd (1991–2024)
The table below shows the annual net assets of Jiangling Motors Corp Ltd from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$10.60 Billion | +6.11% |
| 2023-12-31 | HK$9.98 Billion | +8.05% |
| 2022-12-31 | HK$9.24 Billion | +8.01% |
| 2021-12-31 | HK$8.56 Billion | -22.13% |
| 2020-12-31 | HK$10.99 Billion | +4.67% |
| 2019-12-31 | HK$10.50 Billion | +1.08% |
| 2018-12-31 | HK$10.38 Billion | -17.40% |
| 2017-12-31 | HK$12.57 Billion | +1.31% |
| 2016-12-31 | HK$12.41 Billion | +3.57% |
| 2015-12-31 | HK$11.98 Billion | +13.05% |
| 2014-12-31 | HK$10.60 Billion | +15.49% |
| 2013-12-31 | HK$9.18 Billion | +12.06% |
| 2012-12-31 | HK$8.19 Billion | +10.26% |
| 2011-12-31 | HK$7.43 Billion | +18.97% |
| 2010-12-31 | HK$6.24 Billion | +26.19% |
| 2009-12-31 | HK$4.95 Billion | +19.17% |
| 2008-12-31 | HK$4.15 Billion | +14.82% |
| 2007-12-31 | HK$3.62 Billion | +14.14% |
| 2006-12-31 | HK$3.17 Billion | +5.88% |
| 2005-12-31 | HK$2.99 Billion | +14.05% |
| 2004-12-31 | HK$2.62 Billion | +11.05% |
| 2003-12-31 | HK$2.36 Billion | +24.47% |
| 2002-12-31 | HK$1.90 Billion | +12.63% |
| 2001-12-31 | HK$1.69 Billion | -1.77% |
| 2000-12-31 | HK$1.72 Billion | +4.84% |
| 1999-12-31 | HK$1.64 Billion | -17.04% |
| 1998-12-31 | HK$1.97 Billion | +36.37% |
| 1997-12-31 | HK$1.45 Billion | +4.73% |
| 1996-12-31 | HK$1.38 Billion | +3.40% |
| 1995-12-31 | HK$1.34 Billion | +25.39% |
| 1994-12-31 | HK$1.07 Billion | +4.67% |
| 1993-12-31 | HK$1.02 Billion | +168.22% |
| 1992-12-31 | HK$379.43 Million | +39.95% |
| 1991-12-31 | HK$271.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangling Motors Corp 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 917933327100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$9.18 Billion | 81.29% |
| Common Stock | HK$863.21 Million | 7.64% |
| Other Comprehensive Income | HK$-21.02 Million | -0.19% |
| Other Components | HK$1.27 Billion | 11.26% |
| Total Equity | HK$11.29 Billion | 100.00% |
Jiangling Motors Corp Ltd Competitors by Market Cap
The table below lists competitors of Jiangling Motors Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180
|
$101.89 Million |
|
Asiacement
KO:183190
|
$101.96 Million |
|
Andina Copper Corporation
V:ANDC
|
$101.97 Million |
|
PT Estee Gold Feet Tbk
JK:EURO
|
$101.98 Million |
|
Shin Hai Gas Corp
TW:9926
|
$101.86 Million |
|
Viet Nam Power Development JSC
VN:VPD
|
$101.81 Million |
|
Besqab
ST:BESQAB
|
$101.79 Million |
|
Symal Group Ltd
AU:SYL
|
$101.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangling Motors Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,350,145,738 to 11,292,579,854, a change of 942,434,116 (9.1%).
- Net income of 1,537,139,024 contributed positively to equity growth.
- Dividend payments of 599,144,621 reduced retained earnings.
- Other comprehensive income decreased equity by 4,266,532.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$1.54 Billion | +13.61% |
| Dividends Paid | HK$599.14 Million | -5.31% |
| Other Comprehensive Income | HK$-4.27 Million | -0.04% |
| Other Changes | HK$8.71 Million | +0.08% |
| Total Change | HK$- | 9.11% |
Book Value vs Market Value Analysis
This analysis compares Jiangling Motors Corp 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: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 31.79x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | HK$0.31 | HK$9.99 | x |
| 1992-12-31 | HK$0.44 | HK$9.99 | x |
| 1993-12-31 | HK$1.14 | HK$9.99 | x |
| 1994-12-31 | HK$1.18 | HK$9.99 | x |
| 1995-12-31 | HK$1.51 | HK$9.99 | x |
| 1996-12-31 | HK$1.56 | HK$9.99 | x |
| 1997-12-31 | HK$1.61 | HK$9.99 | x |
| 1998-12-31 | HK$2.22 | HK$9.99 | x |
| 1999-12-31 | HK$1.83 | HK$9.99 | x |
| 2000-12-31 | HK$1.92 | HK$9.99 | x |
| 2001-12-31 | HK$1.87 | HK$9.99 | x |
| 2002-12-31 | HK$2.11 | HK$9.99 | x |
| 2003-12-31 | HK$2.62 | HK$9.99 | x |
| 2004-12-31 | HK$2.91 | HK$9.99 | x |
| 2005-12-31 | HK$3.33 | HK$9.99 | x |
| 2006-12-31 | HK$3.53 | HK$9.99 | x |
| 2007-12-31 | HK$4.09 | HK$9.99 | x |
| 2008-12-31 | HK$4.70 | HK$9.99 | x |
| 2009-12-31 | HK$5.60 | HK$9.99 | x |
| 2010-12-31 | HK$7.09 | HK$9.99 | x |
| 2011-12-31 | HK$8.48 | HK$9.99 | x |
| 2012-12-31 | HK$9.38 | HK$9.99 | x |
| 2013-12-31 | HK$10.61 | HK$9.99 | x |
| 2014-12-31 | HK$12.27 | HK$9.99 | x |
| 2015-12-31 | HK$13.86 | HK$9.99 | x |
| 2016-12-31 | HK$14.41 | HK$9.99 | x |
| 2017-12-31 | HK$14.56 | HK$9.99 | x |
| 2018-12-31 | HK$12.44 | HK$9.99 | x |
| 2019-12-31 | HK$12.16 | HK$9.99 | x |
| 2020-12-31 | HK$12.73 | HK$9.99 | x |
| 2021-12-31 | HK$9.91 | HK$9.99 | x |
| 2022-12-31 | HK$10.71 | HK$9.99 | x |
| 2023-12-31 | HK$11.99 | HK$9.99 | x |
| 2024-12-31 | HK$13.08 | HK$9.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangling Motors Corp 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): 13.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.01%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 2.73x
- Recent ROE (13.61%) is above the historical average (13.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 37.29% | 14.74% | 1.41x | 1.79x | HK$73.98 Million |
| 1992 | 38.93% | 11.07% | 1.13x | 3.10x | HK$109.75 Million |
| 1993 | 23.69% | 11.13% | 0.81x | 2.63x | HK$134.93 Million |
| 1994 | 11.52% | 6.08% | 0.49x | 3.87x | HK$15.48 Million |
| 1995 | 0.59% | 0.39% | 0.44x | 3.47x | HK$-122.28 Million |
| 1996 | 3.23% | 2.56% | 0.37x | 3.42x | HK$-91.07 Million |
| 1997 | 3.18% | 2.77% | 0.35x | 3.27x | HK$-94.75 Million |
| 1998 | -2.63% | -2.51% | 0.42x | 2.52x | HK$-241.62 Million |
| 1999 | -11.56% | -7.48% | 0.54x | 2.85x | HK$-340.54 Million |
| 2000 | 3.22% | 1.89% | 0.66x | 2.60x | HK$-112.14 Million |
| 2001 | 6.24% | 2.98% | 0.92x | 2.27x | HK$-60.79 Million |
| 2002 | 15.77% | 6.71% | 1.19x | 1.97x | HK$104.95 Million |
| 2003 | 19.87% | 8.81% | 1.34x | 1.68x | HK$222.93 Million |
| 2004 | 15.41% | 6.70% | 1.40x | 1.65x | HK$135.80 Million |
| 2005 | 17.24% | 7.89% | 1.35x | 1.62x | HK$208.10 Million |
| 2006 | 19.85% | 8.19% | 1.41x | 1.72x | HK$299.60 Million |
| 2007 | 21.52% | 8.98% | 1.38x | 1.74x | HK$406.46 Million |
| 2008 | 19.36% | 9.13% | 1.44x | 1.47x | HK$379.28 Million |
| 2009 | 21.80% | 10.12% | 1.26x | 1.71x | HK$571.74 Million |
| 2010 | 27.93% | 10.86% | 1.40x | 1.83x | HK$1.10 Billion |
| 2011 | 25.59% | 10.72% | 1.48x | 1.62x | HK$1.14 Billion |
| 2012 | 18.77% | 8.68% | 1.33x | 1.62x | HK$708.62 Million |
| 2013 | 18.51% | 8.13% | 1.27x | 1.80x | HK$780.55 Million |
| 2014 | 19.89% | 8.25% | 1.31x | 1.84x | HK$1.05 Billion |
| 2015 | 18.55% | 9.06% | 1.17x | 1.76x | HK$1.02 Billion |
| 2016 | 10.62% | 4.95% | 1.09x | 1.97x | HK$77.09 Million |
| 2017 | 5.50% | 2.20% | 1.19x | 2.10x | HK$-566.30 Million |
| 2018 | 0.88% | 0.33% | 1.21x | 2.25x | HK$-946.62 Million |
| 2019 | 1.41% | 0.51% | 1.20x | 2.31x | HK$-901.84 Million |
| 2020 | 5.01% | 1.66% | 1.17x | 2.57x | HK$-547.95 Million |
| 2021 | 6.71% | 1.63% | 1.34x | 3.08x | HK$-281.38 Million |
| 2022 | 9.90% | 3.04% | 1.10x | 2.97x | HK$-9.33 Million |
| 2023 | 14.26% | 4.45% | 1.14x | 2.82x | HK$440.58 Million |
| 2024 | 13.61% | 4.01% | 1.24x | 2.73x | HK$407.88 Million |
Industry Comparison
This section compares Jiangling Motors Corp Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $16,073,295,995
- Average return on equity (ROE) among peers: -37.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangling Motors Corp Ltd (200550) | HK$10.54 Billion | 37.29% | 1.94x | $101.86 Million |
| Weichai Power Co Ltd Class A (000338) | $40.85 Billion | 12.24% | 1.95x | $22.99 Billion |
| Haima Automobile Group Co Ltd (000572) | $51.44 Million | 0.00% | 13.34x | $994.86 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $46.15 Billion | 1.47% | 1.03x | $12.14 Billion |
| Faw Car Co Ltd (000800) | $4.48 Billion | 10.21% | 0.28x | $984.75 Million |
| Anhui Ankai Automobile Co Ltd (000868) | $1.38 Billion | 6.88% | 2.00x | $311.06 Million |
| Kunming Yunnei Power Co Ltd (000903) | $3.54 Billion | 4.55% | 0.82x | $463.94 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $832.28 Million | 13.17% | 0.69x | $570.39 Million |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.37 Billion |
| Yinyi Real Estate Co Ltd (000981) | $596.31 Million | -14.36% | 0.78x | $1.56 Billion |
| BYD Co Ltd Class A (002594) | $62.60 Billion | 2.58% | 2.13x | $87.17 Billion |