Jiangsu Skyray Instrument Co
Jiangsu Skyray Instrument Co., Ltd. provides instruments in spectroscopy and chromatography fields. It also offers spectrometer comprising gold, alloy, mineral, soil, oil, and food analyzer; RoHS tester, and coating thickness measurement instruments. In addition, the company provides atomic absorption spectrometer, mass spectrometry, chromatograph, metal analyzer, carbon and sulfur analyzer, samp… Read more
Jiangsu Skyray Instrument Co (300165) - Net Assets
Latest net assets as of September 2025: CN¥1.32 Billion CNY
Based on the latest financial reports, Jiangsu Skyray Instrument Co (300165) has net assets worth CN¥1.32 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¥3.34 Billion) and total liabilities (CN¥2.02 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 | CN¥1.32 Billion |
| % of Total Assets | 39.48% |
| Annual Growth Rate | 15.43% |
| 5-Year Change | -23.8% |
| 10-Year Change | -11.57% |
| Growth Volatility | 128.57 |
Jiangsu Skyray Instrument Co - Net Assets Trend (2007–2024)
This chart illustrates how Jiangsu Skyray Instrument 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 Skyray Instrument Co (2007–2024)
The table below shows the annual net assets of Jiangsu Skyray Instrument Co from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion | -7.56% |
| 2023-12-31 | CN¥1.43 Billion | -8.24% |
| 2022-12-31 | CN¥1.56 Billion | -6.34% |
| 2021-12-31 | CN¥1.67 Billion | -4.09% |
| 2020-12-31 | CN¥1.74 Billion | +2.89% |
| 2019-12-31 | CN¥1.69 Billion | +1.05% |
| 2018-12-31 | CN¥1.67 Billion | -0.75% |
| 2017-12-31 | CN¥1.69 Billion | +9.15% |
| 2016-12-31 | CN¥1.54 Billion | +3.04% |
| 2015-12-31 | CN¥1.50 Billion | +0.93% |
| 2014-12-31 | CN¥1.48 Billion | +2.18% |
| 2013-12-31 | CN¥1.45 Billion | +3.43% |
| 2012-12-31 | CN¥1.40 Billion | +0.88% |
| 2011-12-31 | CN¥1.39 Billion | +523.93% |
| 2010-12-31 | CN¥223.20 Million | +32.64% |
| 2009-12-31 | CN¥168.27 Million | +173.69% |
| 2008-12-31 | CN¥61.48 Million | -46.75% |
| 2007-12-31 | CN¥115.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Skyray Instrument 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 170.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥495.51 Million | 38.81% |
| Other Comprehensive Income | CN¥54.07 Million | 4.23% |
| Other Components | CN¥787.64 Million | 61.69% |
| Total Equity | CN¥1.28 Billion | 100.00% |
Jiangsu Skyray Instrument Co Competitors by Market Cap
The table below lists competitors of Jiangsu Skyray Instrument Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ring Energy Inc
NYSE MKT:REI
|
$261.10 Million |
|
Huamei Holding
SHE:000607
|
$261.10 Million |
|
Silkroad Visual Technology Co Ltd
SHE:300556
|
$261.15 Million |
|
Zhejiang Chenfeng Science and Technology Co Ltd Class A
SHG:603685
|
$261.19 Million |
|
Dustin Group AB (publ)
PINK:DUSXF
|
$261.03 Million |
|
Winstek Semiconductor Co Ltd
TWO:3265
|
$260.79 Million |
|
Petpal Pet Nutrition Technology Co Ltd
SHE:300673
|
$260.76 Million |
|
Kyung Dong Navien Co Ltd
KO:009450
|
$260.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Skyray Instrument Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,384,727,884 to 1,276,868,449, a change of -107,859,435 (-7.8%).
- Net loss of 97,318,864 reduced equity.
- Dividend payments of 68,975,286 reduced retained earnings.
- Other comprehensive income increased equity by 54,065,388.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-97.32 Million | -7.62% |
| Dividends Paid | CN¥68.98 Million | -5.4% |
| Other Comprehensive Income | CN¥54.07 Million | +4.23% |
| Other Changes | CN¥4.37 Million | +0.34% |
| Total Change | CN¥- | -7.79% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Skyray Instrument 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: 2.07x
- 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 8.84x to 2.07x 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¥0.62 | CN¥5.44 | x |
| 2008-12-31 | CN¥0.33 | CN¥5.44 | x |
| 2009-12-31 | CN¥0.54 | CN¥5.44 | x |
| 2010-12-31 | CN¥0.65 | CN¥5.44 | x |
| 2011-12-31 | CN¥3.04 | CN¥5.44 | x |
| 2012-12-31 | CN¥3.07 | CN¥5.44 | x |
| 2013-12-31 | CN¥3.10 | CN¥5.44 | x |
| 2014-12-31 | CN¥3.25 | CN¥5.44 | x |
| 2015-12-31 | CN¥3.28 | CN¥5.44 | x |
| 2016-12-31 | CN¥3.28 | CN¥5.44 | x |
| 2017-12-31 | CN¥3.43 | CN¥5.44 | x |
| 2018-12-31 | CN¥3.55 | CN¥5.44 | x |
| 2019-12-31 | CN¥3.48 | CN¥5.44 | x |
| 2020-12-31 | CN¥3.45 | CN¥5.44 | x |
| 2021-12-31 | CN¥3.25 | CN¥5.44 | x |
| 2022-12-31 | CN¥3.05 | CN¥5.44 | x |
| 2023-12-31 | CN¥2.78 | CN¥5.44 | x |
| 2024-12-31 | CN¥2.62 | CN¥5.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Skyray Instrument 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): -7.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.43%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.68x
- Recent ROE (-7.62%) is below the historical average (11.70%), 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 | 49.27% | 57.31% | 0.51x | 1.70x | CN¥45.34 Million |
| 2008 | 76.74% | 38.75% | 0.64x | 3.08x | CN¥41.04 Million |
| 2009 | 42.01% | 37.04% | 0.68x | 1.68x | CN¥53.86 Million |
| 2010 | 34.55% | 27.80% | 0.73x | 1.70x | CN¥54.81 Million |
| 2011 | 6.03% | 27.91% | 0.20x | 1.10x | CN¥-55.34 Million |
| 2012 | 4.24% | 19.86% | 0.20x | 1.09x | CN¥-80.93 Million |
| 2013 | 3.87% | 17.16% | 0.21x | 1.08x | CN¥-88.52 Million |
| 2014 | 3.39% | 18.07% | 0.18x | 1.06x | CN¥-97.65 Million |
| 2015 | 3.05% | 14.13% | 0.19x | 1.15x | CN¥-103.77 Million |
| 2016 | 3.66% | 12.95% | 0.20x | 1.38x | CN¥-96.77 Million |
| 2017 | 6.41% | 13.09% | 0.35x | 1.39x | CN¥-58.13 Million |
| 2018 | 2.25% | 3.53% | 0.46x | 1.39x | CN¥-124.28 Million |
| 2019 | 1.31% | 2.32% | 0.42x | 1.34x | CN¥-139.42 Million |
| 2020 | 1.25% | 2.26% | 0.36x | 1.52x | CN¥-148.13 Million |
| 2021 | -4.62% | -7.77% | 0.30x | 2.01x | CN¥-235.72 Million |
| 2022 | -6.86% | -8.04% | 0.34x | 2.51x | CN¥-254.87 Million |
| 2023 | -8.26% | -11.25% | 0.27x | 2.71x | CN¥-252.90 Million |
| 2024 | -7.62% | -11.43% | 0.25x | 2.68x | CN¥-225.01 Million |
Industry Comparison
This section compares Jiangsu Skyray Instrument Co's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Skyray Instrument Co (300165) | CN¥1.32 Billion | 49.27% | 1.53x | $261.08 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |