Suzhou Jinfu New Material Co (300128) - Net Assets
Based on the latest financial reports, Suzhou Jinfu New Material Co (300128) has net assets worth CN¥727.03 Million CNY (≈ $106.39 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¥3.33 Billion ≈ $487.21 Million USD) and total liabilities (CN¥2.60 Billion ≈ $380.82 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 300128 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥727.03 Million |
| % of Total Assets | 21.84% |
| Annual Growth Rate | 12.44% |
| 5-Year Change | -29.79% |
| 10-Year Change | -60.96% |
| Growth Volatility | 98.46 |
Suzhou Jinfu New Material Co - Net Assets Trend (2007–2024)
This chart illustrates how Suzhou Jinfu New Material Co's net assets have evolved over time, based on quarterly financial data. Also explore 300128 total assets for the complete picture of this company's asset base.
Annual Net Assets for Suzhou Jinfu New Material Co (2007–2024)
The table below shows the annual net assets of Suzhou Jinfu New Material Co from 2007 to 2024. For live valuation and market cap data, see Suzhou Jinfu New Material Co (300128) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥896.19 Million ≈ $131.14 Million |
-45.10% |
| 2023-12-31 | CN¥1.63 Billion ≈ $238.88 Million |
+56.73% |
| 2022-12-31 | CN¥1.04 Billion ≈ $152.42 Million |
+11.68% |
| 2021-12-31 | CN¥932.67 Million ≈ $136.48 Million |
-26.93% |
| 2020-12-31 | CN¥1.28 Billion ≈ $186.78 Million |
+0.64% |
| 2019-12-31 | CN¥1.27 Billion ≈ $185.58 Million |
+0.71% |
| 2018-12-31 | CN¥1.26 Billion ≈ $184.28 Million |
-41.63% |
| 2017-12-31 | CN¥2.16 Billion ≈ $315.71 Million |
+5.02% |
| 2016-12-31 | CN¥2.05 Billion ≈ $300.63 Million |
-10.50% |
| 2015-12-31 | CN¥2.30 Billion ≈ $335.89 Million |
-7.59% |
| 2014-12-31 | CN¥2.48 Billion ≈ $363.46 Million |
+78.13% |
| 2013-12-31 | CN¥1.39 Billion ≈ $204.04 Million |
+0.38% |
| 2012-12-31 | CN¥1.39 Billion ≈ $203.27 Million |
+12.21% |
| 2011-12-31 | CN¥1.24 Billion ≈ $181.15 Million |
+7.27% |
| 2010-12-31 | CN¥1.15 Billion ≈ $168.87 Million |
+404.49% |
| 2009-12-31 | CN¥228.76 Million ≈ $33.47 Million |
+35.79% |
| 2008-12-31 | CN¥168.46 Million ≈ $24.65 Million |
+38.06% |
| 2007-12-31 | CN¥122.02 Million ≈ $17.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou Jinfu New Material Co'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 decreased by 2640.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.30 Billion | 165.31% |
| Other Components | CN¥827.86 Million | 105.34% |
| Total Equity | CN¥785.89 Million | 100.00% |
Suzhou Jinfu New Material Co Competitors by Market Cap
The table below lists competitors of Suzhou Jinfu New Material Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zimplats Holdings Ltd
AU:ZIM
|
$1.23 Billion |
|
Carter’s Inc
NYSE:CRI
|
$1.23 Billion |
|
Guomai Technologies Inc
SHE:002093
|
$1.23 Billion |
|
Heidrick & Struggles International
NASDAQ:HSII
|
$1.23 Billion |
|
Simply Good Foods Co
NASDAQ:SMPL
|
$1.22 Billion |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
$1.22 Billion |
|
Rush Enterprises B Inc
NASDAQ:RUSHB
|
$1.22 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Jinfu New Material Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,163,262,525 to 785,885,586, a change of -377,376,939 (-32.4%).
- Net loss of 267,170,904 reduced equity.
- Dividend payments of 47,711,543 reduced retained earnings.
- Share repurchases of 91,320,733 reduced equity.
- Other factors increased equity by 28,826,241.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-267.17 Million | -34.0% |
| Dividends Paid | CN¥47.71 Million | -6.07% |
| Share Repurchases | CN¥91.32 Million | -11.62% |
| Other Changes | CN¥28.83 Million | +3.67% |
| Total Change | CN¥- | -32.44% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Jinfu New Material Co'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: 10.45x
- 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 40.52x to 10.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.16 | CN¥6.45 | x |
| 2008-12-31 | CN¥0.22 | CN¥6.45 | x |
| 2009-12-31 | CN¥0.29 | CN¥6.45 | x |
| 2010-12-31 | CN¥1.43 | CN¥6.45 | x |
| 2011-12-31 | CN¥1.23 | CN¥6.45 | x |
| 2012-12-31 | CN¥1.37 | CN¥6.45 | x |
| 2013-12-31 | CN¥1.40 | CN¥6.45 | x |
| 2014-12-31 | CN¥2.56 | CN¥6.45 | x |
| 2015-12-31 | CN¥1.73 | CN¥6.45 | x |
| 2016-12-31 | CN¥1.73 | CN¥6.45 | x |
| 2017-12-31 | CN¥1.84 | CN¥6.45 | x |
| 2018-12-31 | CN¥1.09 | CN¥6.45 | x |
| 2019-12-31 | CN¥1.10 | CN¥6.45 | x |
| 2020-12-31 | CN¥1.12 | CN¥6.45 | x |
| 2021-12-31 | CN¥0.80 | CN¥6.45 | x |
| 2022-12-31 | CN¥0.58 | CN¥6.45 | x |
| 2023-12-31 | CN¥1.03 | CN¥6.45 | x |
| 2024-12-31 | CN¥0.62 | CN¥6.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Jinfu New Material Co 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): -34.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.86%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 4.10x
- Recent ROE (-34.00%) is below the historical average (-3.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 34.39% | 17.18% | 1.30x | 1.54x | CN¥27.90 Million |
| 2008 | 27.26% | 12.67% | 1.65x | 1.31x | CN¥27.14 Million |
| 2009 | 24.97% | 11.93% | 1.32x | 1.58x | CN¥31.37 Million |
| 2010 | 7.44% | 10.80% | 0.55x | 1.26x | CN¥-28.50 Million |
| 2011 | 8.53% | 8.39% | 0.75x | 1.35x | CN¥-17.29 Million |
| 2012 | 11.00% | 7.34% | 0.99x | 1.51x | CN¥13.14 Million |
| 2013 | 7.16% | 4.75% | 1.06x | 1.42x | CN¥-38.49 Million |
| 2014 | 2.95% | 2.68% | 0.68x | 1.62x | CN¥-169.77 Million |
| 2015 | 0.97% | 0.68% | 0.95x | 1.49x | CN¥-201.08 Million |
| 2016 | 1.94% | 1.28% | 0.85x | 1.79x | CN¥-158.51 Million |
| 2017 | 2.87% | 1.94% | 0.77x | 1.93x | CN¥-144.98 Million |
| 2018 | -68.83% | -32.11% | 0.85x | 2.52x | CN¥-943.09 Million |
| 2019 | 1.22% | 0.93% | 0.62x | 2.11x | CN¥-105.76 Million |
| 2020 | 1.83% | 1.64% | 0.58x | 1.93x | CN¥-99.88 Million |
| 2021 | -39.55% | -35.56% | 0.49x | 2.27x | CN¥-433.05 Million |
| 2022 | -35.41% | -16.09% | 0.49x | 4.47x | CN¥-289.34 Million |
| 2023 | -19.26% | -12.85% | 0.44x | 3.38x | CN¥-340.33 Million |
| 2024 | -34.00% | -14.86% | 0.56x | 4.10x | CN¥-345.76 Million |
Industry Comparison
This section compares Suzhou Jinfu New Material Co's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Jinfu New Material Co (300128) | CN¥727.03 Million | 34.39% | 3.58x | $1.23 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Suzhou Jinfu New Material Co
Suzhou Jinfu Technology Co., Ltd. engages in the research and development, manufacture, sale, and service of precision parts of electronic products, liquid crystal display modules, and detection and automation equipment. The company also offers complete machines, consumer electronic components, testing fixtures, lithium battery components, automotive parts. Its products are used in consumer elect… Read more