Jiangsu Xiuqiang Glasswork Co (300160) - Net Assets
Based on the latest financial reports, Jiangsu Xiuqiang Glasswork Co (300160) has net assets worth CN¥2.68 Billion CNY (≈ $391.98 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.24 Billion ≈ $474.67 Million USD) and total liabilities (CN¥565.09 Million ≈ $82.69 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 Jiangsu Xiuqiang Glasswork Co tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.68 Billion |
| % of Total Assets | 82.58% |
| Annual Growth Rate | 21.39% |
| 5-Year Change | 122.97% |
| 10-Year Change | 115.67% |
| Growth Volatility | 82.1 |
Jiangsu Xiuqiang Glasswork Co - Net Assets Trend (2007–2025)
This chart illustrates how Jiangsu Xiuqiang Glasswork Co's net assets have evolved over time, based on quarterly financial data. See 300160 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Xiuqiang Glasswork Co (2007–2025)
The table below shows the annual net assets of Jiangsu Xiuqiang Glasswork Co from 2007 to 2025. For live valuation and market cap data, see how much is Jiangsu Xiuqiang Glasswork Co worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.64 Billion ≈ $386.53 Million |
+4.54% |
| 2024-12-31 | CN¥2.53 Billion ≈ $369.74 Million |
+5.82% |
| 2023-12-31 | CN¥2.39 Billion ≈ $349.40 Million |
+6.32% |
| 2022-12-31 | CN¥2.25 Billion ≈ $328.63 Million |
+89.57% |
| 2021-12-31 | CN¥1.18 Billion ≈ $173.35 Million |
+17.67% |
| 2020-12-31 | CN¥1.01 Billion ≈ $147.32 Million |
+0.41% |
| 2019-12-31 | CN¥1.00 Billion ≈ $146.72 Million |
+14.10% |
| 2018-12-31 | CN¥878.73 Million ≈ $128.59 Million |
-34.03% |
| 2017-12-31 | CN¥1.33 Billion ≈ $194.91 Million |
+8.75% |
| 2016-12-31 | CN¥1.22 Billion ≈ $179.22 Million |
+8.71% |
| 2015-12-31 | CN¥1.13 Billion ≈ $164.87 Million |
+3.85% |
| 2014-12-31 | CN¥1.08 Billion ≈ $158.75 Million |
+2.03% |
| 2013-12-31 | CN¥1.06 Billion ≈ $155.60 Million |
+2.65% |
| 2012-12-31 | CN¥1.04 Billion ≈ $151.59 Million |
+1.94% |
| 2011-12-31 | CN¥1.02 Billion ≈ $148.70 Million |
+353.92% |
| 2010-12-31 | CN¥223.87 Million ≈ $32.76 Million |
+25.51% |
| 2009-12-31 | CN¥178.37 Million ≈ $26.10 Million |
+26.17% |
| 2008-12-31 | CN¥141.37 Million ≈ $20.69 Million |
+75.27% |
| 2007-12-31 | CN¥80.66 Million ≈ $11.80 Million |
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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 1539.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥704.76 Million | 26.69% |
| Other Components | CN¥1.94 Billion | 73.31% |
| Total Equity | CN¥2.64 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 |
|---|---|
|
Shanghai Karon Eco-Valve Manufacturing Co. Ltd.
SHE:301151
|
$511.68 Million |
|
Jiangxi Huawu Brake Co Ltd
SHE:300095
|
$511.95 Million |
|
ScinoPharm Taiwan Ltd
TW:1789
|
$511.95 Million |
|
Zhongtong Guomai Communication
SHG:603559
|
$512.03 Million |
|
Fulgent Genetics Inc
NASDAQ:FLGT
|
$511.21 Million |
|
Cementos Bio-B
SN:CEMENTOS
|
$511.20 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
$511.02 Million |
|
PVA TePla AG
XETRA:TPE
|
$510.97 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 2024 to 2025, total equity changed from 2,525,021,905 to 2,640,273,951, a change of 115,252,046 (4.6%).
- Net income of 193,112,493 contributed positively to equity growth.
- Dividend payments of 77,619,496 reduced retained earnings.
- Other comprehensive income increased equity by 3,684,182.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥193.11 Million | +7.31% |
| Dividends Paid | CN¥77.62 Million | -2.94% |
| Other Comprehensive Income | CN¥3.68 Million | +0.14% |
| Other Changes | CN¥-3.93 Million | -0.15% |
| Total Change | CN¥- | 4.56% |
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: 1.32x
- 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 21.34x to 1.32x 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¥4.52 | x |
| 2008-12-31 | CN¥0.32 | CN¥4.52 | x |
| 2009-12-31 | CN¥0.40 | CN¥4.52 | x |
| 2010-12-31 | CN¥0.50 | CN¥4.52 | x |
| 2011-12-31 | CN¥1.79 | CN¥4.52 | x |
| 2012-12-31 | CN¥1.74 | CN¥4.52 | x |
| 2013-12-31 | CN¥1.77 | CN¥4.52 | x |
| 2014-12-31 | CN¥1.81 | CN¥4.52 | x |
| 2015-12-31 | CN¥1.88 | CN¥4.52 | x |
| 2016-12-31 | CN¥2.05 | CN¥4.52 | x |
| 2017-12-31 | CN¥2.25 | CN¥4.52 | x |
| 2018-12-31 | CN¥1.46 | CN¥4.52 | x |
| 2019-12-31 | CN¥1.69 | CN¥4.52 | x |
| 2020-12-31 | CN¥1.65 | CN¥4.52 | x |
| 2021-12-31 | CN¥1.90 | CN¥4.52 | x |
| 2022-12-31 | CN¥3.66 | CN¥4.52 | x |
| 2023-12-31 | CN¥3.10 | CN¥4.52 | x |
| 2024-12-31 | CN¥3.22 | CN¥4.52 | x |
| 2025-12-31 | CN¥3.42 | CN¥4.52 | 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): 7.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.58%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.22x
- Recent ROE (7.31%) is below the historical average (10.09%), 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 |
| 2025 | 7.31% | 11.58% | 0.52x | 1.22x | CN¥-70.91 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: $5,021,386,700
- Average return on equity (ROE) among peers: 10.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Xiuqiang Glasswork Co (300160) | CN¥2.68 Billion | 26.56% | 0.21x | $511.24 Million |
| Midea Group Co Ltd (000333) | $33.17 Billion | 9.83% | 1.65x | $79.32 Billion |
| Changhong Meiling Co Ltd (000521) | $872.22 Million | 1.92% | 1.70x | $714.80 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $638.23 Million | 31.70% | 2.10x | $30.10 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-806.97 Million | 0.00% | 0.00x | $3.65 Billion |
| Suncha Technology Co Ltd (001211) | $477.06 Million | 18.82% | 0.71x | $339.25 Million |
| Elec-Tech International Co Ltd (002005) | $6.45 Billion | -15.06% | 1.16x | $676.99 Million |
| Zhejiang Supor Co Ltd (002032) | $5.20 Billion | 25.51% | 0.76x | $4.81 Billion |
| Vatti Corp Ltd (002035) | $2.26 Billion | 22.53% | 0.86x | $589.18 Million |
| CNlight Co Ltd (002076) | $365.21 Million | 13.83% | 0.22x | $430.09 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.59 Billion | -7.77% | 1.20x | $327.10 Million |
About 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