Jiangsu Xiuqiang Glasswork Co
Jiangsu Xiuqiang Glasswork Co., Ltd., together with its subsidiaries, researches, develops, manufactures, markets, and sells glass deep-processing products based on printing, coating, and multi-curved surface technology in China and internationally. The company offers colored crystal glass, coated glass, shelf glass, and cover glass. It also provides home appliance glass products, kitchen applian… Read more
Jiangsu Xiuqiang Glasswork Co (300160) - Net Assets
Latest net assets as of September 2025: CN¥2.62 Billion CNY
Based on the latest financial reports, Jiangsu Xiuqiang Glasswork Co (300160) has net assets worth CN¥2.62 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¥3.16 Billion) and total liabilities (CN¥536.91 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¥2.62 Billion |
| % of Total Assets | 83.0% |
| Annual Growth Rate | 22.46% |
| 5-Year Change | 150.98% |
| 10-Year Change | 124.26% |
| Growth Volatility | 84.16 |
Jiangsu Xiuqiang Glasswork Co - Net Assets Trend (2007–2024)
This chart illustrates how Jiangsu Xiuqiang Glasswork Co'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 Xiuqiang Glasswork Co (2007–2024)
The table below shows the annual net assets of Jiangsu Xiuqiang Glasswork Co from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.53 Billion | +5.82% |
| 2023-12-31 | CN¥2.39 Billion | +6.32% |
| 2022-12-31 | CN¥2.25 Billion | +89.57% |
| 2021-12-31 | CN¥1.18 Billion | +17.67% |
| 2020-12-31 | CN¥1.01 Billion | +0.41% |
| 2019-12-31 | CN¥1.00 Billion | +14.10% |
| 2018-12-31 | CN¥878.73 Million | -34.03% |
| 2017-12-31 | CN¥1.33 Billion | +8.75% |
| 2016-12-31 | CN¥1.22 Billion | +8.71% |
| 2015-12-31 | CN¥1.13 Billion | +3.85% |
| 2014-12-31 | CN¥1.08 Billion | +2.03% |
| 2013-12-31 | CN¥1.06 Billion | +2.65% |
| 2012-12-31 | CN¥1.04 Billion | +1.94% |
| 2011-12-31 | CN¥1.02 Billion | +353.92% |
| 2010-12-31 | CN¥223.87 Million | +25.51% |
| 2009-12-31 | CN¥178.37 Million | +26.17% |
| 2008-12-31 | CN¥141.37 Million | +75.27% |
| 2007-12-31 | CN¥80.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Xiuqiang Glasswork 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 grown by 1313.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥607.54 Million | 24.06% |
| Common Stock | CN¥772.95 Million | 30.61% |
| Other Comprehensive Income | CN¥-3.68 Million | -0.15% |
| Other Components | CN¥1.15 Billion | 45.47% |
| Total Equity | CN¥2.53 Billion | 100.00% |
Jiangsu Xiuqiang Glasswork Co Competitors by Market Cap
The table below lists competitors of Jiangsu Xiuqiang Glasswork Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pulike Biological Engineering
SHG:603566
|
$382.17 Million |
|
Shenzhen Phoenix Telecom Technology Co. Ltd.
SHE:301191
|
$382.39 Million |
|
Rigol Technologies Co. Ltd. A
SHG:688337
|
$382.41 Million |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
$382.44 Million |
|
J.Pond Precision Technology Co. Ltd. A
SHE:301326
|
$382.12 Million |
|
BizConf Telecom Co Ltd
SHE:300578
|
$382.10 Million |
|
Changchai Co Ltd
SHE:000570
|
$381.98 Million |
|
The Westaim Corporation
PINK:WEDXF
|
$381.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Xiuqiang Glasswork Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,386,599,241 to 2,525,021,905, a change of 138,422,664 (5.8%).
- Net income of 219,401,475 contributed positively to equity growth.
- Dividend payments of 78,493,243 reduced retained earnings.
- Other comprehensive income decreased equity by 3,684,182.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥219.40 Million | +8.69% |
| Dividends Paid | CN¥78.49 Million | -3.11% |
| Other Comprehensive Income | CN¥-3.68 Million | -0.15% |
| Other Changes | CN¥1.20 Million | +0.05% |
| Total Change | CN¥- | 5.80% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Xiuqiang Glasswork 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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 27.81x to 1.80x 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¥0.21 | CN¥5.89 | x |
| 2008-12-31 | CN¥0.32 | CN¥5.89 | x |
| 2009-12-31 | CN¥0.40 | CN¥5.89 | x |
| 2010-12-31 | CN¥0.50 | CN¥5.89 | x |
| 2011-12-31 | CN¥1.79 | CN¥5.89 | x |
| 2012-12-31 | CN¥1.74 | CN¥5.89 | x |
| 2013-12-31 | CN¥1.77 | CN¥5.89 | x |
| 2014-12-31 | CN¥1.81 | CN¥5.89 | x |
| 2015-12-31 | CN¥1.88 | CN¥5.89 | x |
| 2016-12-31 | CN¥2.05 | CN¥5.89 | x |
| 2017-12-31 | CN¥2.25 | CN¥5.89 | x |
| 2018-12-31 | CN¥1.46 | CN¥5.89 | x |
| 2019-12-31 | CN¥1.69 | CN¥5.89 | x |
| 2020-12-31 | CN¥1.70 | CN¥5.89 | x |
| 2021-12-31 | CN¥1.90 | CN¥5.89 | x |
| 2022-12-31 | CN¥3.63 | CN¥5.89 | x |
| 2023-12-31 | CN¥3.10 | CN¥5.89 | x |
| 2024-12-31 | CN¥3.27 | CN¥5.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Xiuqiang Glasswork 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): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.83%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.22x
- Recent ROE (8.69%) is below the historical average (10.24%), 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 | 26.56% | 6.52% | 1.16x | 3.51x | CN¥13.18 Million |
| 2008 | 26.18% | 10.14% | 1.14x | 2.26x | CN¥22.88 Million |
| 2009 | 25.05% | 12.16% | 0.93x | 2.22x | CN¥26.84 Million |
| 2010 | 26.58% | 9.41% | 1.04x | 2.71x | CN¥37.11 Million |
| 2011 | 9.61% | 12.27% | 0.62x | 1.26x | CN¥-3.96 Million |
| 2012 | 4.96% | 6.49% | 0.61x | 1.26x | CN¥-51.90 Million |
| 2013 | 3.52% | 4.73% | 0.54x | 1.39x | CN¥-68.56 Million |
| 2014 | 3.36% | 4.36% | 0.61x | 1.26x | CN¥-72.01 Million |
| 2015 | 5.37% | 5.93% | 0.66x | 1.36x | CN¥-52.22 Million |
| 2016 | 9.74% | 10.42% | 0.67x | 1.40x | CN¥-3.19 Million |
| 2017 | 8.44% | 8.05% | 0.64x | 1.65x | CN¥-20.44 Million |
| 2018 | -26.76% | -16.64% | 0.83x | 1.94x | CN¥-320.26 Million |
| 2019 | 12.44% | 9.84% | 0.74x | 1.70x | CN¥24.48 Million |
| 2020 | 12.09% | 9.48% | 0.74x | 1.73x | CN¥21.11 Million |
| 2021 | 11.58% | 9.40% | 0.77x | 1.60x | CN¥18.69 Million |
| 2022 | 8.21% | 12.22% | 0.54x | 1.24x | CN¥-40.28 Million |
| 2023 | 8.72% | 14.47% | 0.48x | 1.24x | CN¥-30.63 Million |
| 2024 | 8.69% | 13.83% | 0.52x | 1.22x | CN¥-33.10 Million |
Industry Comparison
This section compares Jiangsu Xiuqiang Glasswork Co's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Xiuqiang Glasswork Co (300160) | CN¥2.62 Billion | 26.56% | 0.20x | $382.15 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |