Jiangsu Baoli Asphalt
Jiangsu Baoli International Investment Co., Ltd. engages in research and development, production, and sale of asphalt and other road materials in China. The company operates through the Asphalt Business and Aviation Business segments. It offers general SBS modified, SBR modified, EVA modified, PE modified, ordinary emulsified, modified emulsified, high-speed railway special emulsified, high visco… Read more
Jiangsu Baoli Asphalt (300135) - Net Assets
Latest net assets as of September 2025: CN¥919.21 Million CNY
Based on the latest financial reports, Jiangsu Baoli Asphalt (300135) has net assets worth CN¥919.21 Million 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¥1.61 Billion) and total liabilities (CN¥687.40 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¥919.21 Million |
| % of Total Assets | 57.21% |
| Annual Growth Rate | 12.57% |
| 5-Year Change | -24.62% |
| 10-Year Change | -19.21% |
| Growth Volatility | 80.69 |
Jiangsu Baoli Asphalt - Net Assets Trend (2007–2024)
This chart illustrates how Jiangsu Baoli Asphalt's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangsu Baoli Asphalt (2007–2024)
The table below shows the annual net assets of Jiangsu Baoli Asphalt from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥940.05 Million | +0.69% |
| 2023-12-31 | CN¥933.58 Million | -4.93% |
| 2022-12-31 | CN¥981.98 Million | -15.25% |
| 2021-12-31 | CN¥1.16 Billion | -7.10% |
| 2020-12-31 | CN¥1.25 Billion | -1.05% |
| 2019-12-31 | CN¥1.26 Billion | +1.93% |
| 2018-12-31 | CN¥1.24 Billion | +2.74% |
| 2017-12-31 | CN¥1.20 Billion | +1.35% |
| 2016-12-31 | CN¥1.19 Billion | +2.05% |
| 2015-12-31 | CN¥1.16 Billion | -0.79% |
| 2014-12-31 | CN¥1.17 Billion | +3.29% |
| 2013-12-31 | CN¥1.14 Billion | +6.01% |
| 2012-12-31 | CN¥1.07 Billion | +7.24% |
| 2011-12-31 | CN¥998.74 Million | +0.94% |
| 2010-12-31 | CN¥989.47 Million | +343.19% |
| 2009-12-31 | CN¥223.26 Million | +35.36% |
| 2008-12-31 | CN¥164.93 Million | +31.39% |
| 2007-12-31 | CN¥125.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Baoli Asphalt'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 471.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥921.60 Million | 95.54% |
| Other Comprehensive Income | CN¥62.34 Million | 6.46% |
| Other Components | CN¥19.73 Million | 2.05% |
| Total Equity | CN¥964.67 Million | 100.00% |
Jiangsu Baoli Asphalt Competitors by Market Cap
The table below lists competitors of Jiangsu Baoli Asphalt ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Film Co Ltd
SHG:601595
|
$483.09 Million |
|
Deluxe Family Co Ltd
SHG:600503
|
$483.14 Million |
|
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
|
$483.34 Million |
|
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
|
$483.53 Million |
|
Guangzhou Hangxin Aviation Technology Co Ltd
SHE:300424
|
$482.95 Million |
|
Zhejiang Meili High Technology Co Ltd
SHE:300611
|
$482.91 Million |
|
Graphite India Limited
NSE:GRAPHITE
|
$482.85 Million |
|
Lee and Man Paper Manufacturing Limited
F:LMP
|
$482.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Baoli Asphalt's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 953,952,144 to 964,668,813, a change of 10,716,669 (1.1%).
- Net income of 22,302,227 contributed positively to equity growth.
- Dividend payments of 27,070,660 reduced retained earnings.
- Share repurchases of 15,523,385 reduced equity.
- Other comprehensive income increased equity by 62,339,140.
- Other factors decreased equity by 31,330,653.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.30 Million | +2.31% |
| Dividends Paid | CN¥27.07 Million | -2.81% |
| Share Repurchases | CN¥15.52 Million | -1.61% |
| Other Comprehensive Income | CN¥62.34 Million | +6.46% |
| Other Changes | CN¥-31.33 Million | -3.25% |
| Total Change | CN¥- | 1.12% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Baoli Asphalt'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: 4.20x
- 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 23.89x to 4.20x 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¥0.18 | CN¥4.36 | x |
| 2008-12-31 | CN¥0.24 | CN¥4.36 | x |
| 2009-12-31 | CN¥0.32 | CN¥4.36 | x |
| 2010-12-31 | CN¥1.35 | CN¥4.36 | x |
| 2011-12-31 | CN¥1.09 | CN¥4.36 | x |
| 2012-12-31 | CN¥1.14 | CN¥4.36 | x |
| 2013-12-31 | CN¥1.21 | CN¥4.36 | x |
| 2014-12-31 | CN¥1.26 | CN¥4.36 | x |
| 2015-12-31 | CN¥1.12 | CN¥4.36 | x |
| 2016-12-31 | CN¥1.30 | CN¥4.36 | x |
| 2017-12-31 | CN¥1.30 | CN¥4.36 | x |
| 2018-12-31 | CN¥1.34 | CN¥4.36 | x |
| 2019-12-31 | CN¥1.37 | CN¥4.36 | x |
| 2020-12-31 | CN¥1.36 | CN¥4.36 | x |
| 2021-12-31 | CN¥1.27 | CN¥4.36 | x |
| 2022-12-31 | CN¥1.08 | CN¥4.36 | x |
| 2023-12-31 | CN¥1.05 | CN¥4.36 | x |
| 2024-12-31 | CN¥1.04 | CN¥4.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Baoli Asphalt 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): 2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.13%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.78x
- Recent ROE (2.31%) is below the historical average (5.07%), 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 | 16.54% | 4.50% | 1.84x | 2.00x | CN¥8.21 Million |
| 2008 | 23.89% | 7.38% | 1.60x | 2.02x | CN¥22.91 Million |
| 2009 | 26.13% | 8.29% | 1.78x | 1.77x | CN¥36.00 Million |
| 2010 | 7.76% | 7.35% | 0.88x | 1.20x | CN¥-22.15 Million |
| 2011 | 5.73% | 5.11% | 0.79x | 1.41x | CN¥-42.61 Million |
| 2012 | 8.54% | 4.12% | 1.47x | 1.41x | CN¥-15.43 Million |
| 2013 | 8.52% | 4.52% | 0.92x | 2.04x | CN¥-16.60 Million |
| 2014 | 5.48% | 3.58% | 0.75x | 2.04x | CN¥-52.39 Million |
| 2015 | 2.32% | 1.53% | 0.63x | 2.42x | CN¥-88.59 Million |
| 2016 | 2.31% | 1.97% | 0.48x | 2.46x | CN¥-90.76 Million |
| 2017 | 3.13% | 2.08% | 0.59x | 2.56x | CN¥-82.26 Million |
| 2018 | 3.37% | 2.02% | 0.69x | 2.40x | CN¥-81.69 Million |
| 2019 | 3.13% | 1.63% | 0.84x | 2.30x | CN¥-86.55 Million |
| 2020 | 0.31% | 0.20% | 0.77x | 2.09x | CN¥-121.41 Million |
| 2021 | -6.28% | -3.22% | 0.94x | 2.07x | CN¥-190.52 Million |
| 2022 | -17.21% | -6.96% | 1.05x | 2.36x | CN¥-271.70 Million |
| 2023 | -4.68% | -2.08% | 0.94x | 2.40x | CN¥-140.08 Million |
| 2024 | 2.31% | 1.13% | 1.15x | 1.78x | CN¥-74.16 Million |
Industry Comparison
This section compares Jiangsu Baoli Asphalt's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,433,825,727
- Average return on equity (ROE) among peers: 46.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Baoli Asphalt (300135) | CN¥919.21 Million | 16.54% | 0.75x | $483.07 Million |
| CSG Holding Co Ltd (000012) | $1.98 Billion | 5.22% | 0.62x | $1.58 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $30.60 Billion | -4.84% | 0.96x | $788.07 Million |
| Gansu Shangfeng Cement Co Ltd (000672) | $26.27 Million | 402.35% | 2.67x | $800.06 Million |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.61 Billion | 19.37% | 1.69x | $288.81 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $5.40 Billion | 20.92% | 1.84x | $783.16 Million |
| Sinostone Guangdong Co Ltd (001212) | $1.42 Billion | 6.07% | 0.18x | $814.06 Million |
| Ruitai Materials Technology Co Ltd (002066) | $882.60 Million | 6.49% | 1.50x | $391.14 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $832.22 Million |
| China West Construction Group Co Ltd (002302) | $6.71 Billion | 1.58% | 1.72x | $378.10 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $895.70 Million | 0.58% | 0.68x | $314.31 Million |