Jiangsu WELLE Environmental Co Ltd (300190) - Net Assets
Based on the latest financial reports, Jiangsu WELLE Environmental Co Ltd (300190) has net assets worth CN¥2.85 Billion CNY (≈ $417.43 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.26 Billion ≈ $1.06 Billion USD) and total liabilities (CN¥4.41 Billion ≈ $644.90 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 WELLE Environmental Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.85 Billion |
| % of Total Assets | 39.29% |
| Annual Growth Rate | 30.5% |
| 5-Year Change | -34.52% |
| 10-Year Change | 79.29% |
| Growth Volatility | 151.14 |
Jiangsu WELLE Environmental Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Jiangsu WELLE Environmental Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu WELLE Environmental Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu WELLE Environmental Co Ltd (2008–2024)
The table below shows the annual net assets of Jiangsu WELLE Environmental Co Ltd from 2008 to 2024. For live valuation and market cap data, see Jiangsu WELLE Environmental Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.89 Billion ≈ $422.49 Million |
-21.86% |
| 2023-12-31 | CN¥3.70 Billion ≈ $540.71 Million |
-6.83% |
| 2022-12-31 | CN¥3.97 Billion ≈ $580.32 Million |
-12.19% |
| 2021-12-31 | CN¥4.52 Billion ≈ $660.87 Million |
+2.43% |
| 2020-12-31 | CN¥4.41 Billion ≈ $645.22 Million |
+9.98% |
| 2019-12-31 | CN¥4.01 Billion ≈ $586.68 Million |
+7.66% |
| 2018-12-31 | CN¥3.72 Billion ≈ $544.95 Million |
-0.50% |
| 2017-12-31 | CN¥3.74 Billion ≈ $547.70 Million |
+31.84% |
| 2016-12-31 | CN¥2.84 Billion ≈ $415.45 Million |
+76.30% |
| 2015-12-31 | CN¥1.61 Billion ≈ $235.64 Million |
+7.71% |
| 2014-12-31 | CN¥1.50 Billion ≈ $218.77 Million |
+53.11% |
| 2013-12-31 | CN¥976.43 Million ≈ $142.88 Million |
+2.49% |
| 2012-12-31 | CN¥952.66 Million ≈ $139.40 Million |
+10.21% |
| 2011-12-31 | CN¥864.42 Million ≈ $126.49 Million |
+630.13% |
| 2010-12-31 | CN¥118.39 Million ≈ $17.32 Million |
+42.34% |
| 2009-12-31 | CN¥83.17 Million ≈ $12.17 Million |
+103.95% |
| 2008-12-31 | CN¥40.78 Million ≈ $5.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu WELLE Environmental Co Ltd'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 2504.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.07 Billion | 110.64% |
| Total Equity | CN¥2.77 Billion | 100.00% |
Jiangsu WELLE Environmental Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu WELLE Environmental Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dream Finders Homes Inc
NYSE:DFH
|
$520.11 Million |
|
China Railway High speed Electrification Equipment Co Ltd
SHG:688285
|
$520.35 Million |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
$520.37 Million |
|
Beijing Haohan Data Technology Co. Ltd. A
SHG:688292
|
$520.43 Million |
|
Swaraj Engines Limited
NSE:SWARAJENG
|
$519.93 Million |
|
Sino-Argi Leading Biosciences
SHG:603970
|
$519.60 Million |
|
Empresa Distribuidora y Comercializadora Norte SA ADR
NYSE:EDN
|
$519.48 Million |
|
Sappi Ltd
JSE:SAP
|
$519.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu WELLE Environmental Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,570,291,850 to 2,772,712,003, a change of -797,579,847 (-22.3%).
- Net loss of 736,401,920 reduced equity.
- Dividend payments of 102,983,366 reduced retained earnings.
- Other factors increased equity by 41,805,438.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-736.40 Million | -26.56% |
| Dividends Paid | CN¥102.98 Million | -3.71% |
| Other Changes | CN¥41.81 Million | +1.51% |
| Total Change | CN¥- | -22.34% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu WELLE Environmental Co Ltd'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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.95x to 1.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.43 | CN¥4.20 | x |
| 2018-12-31 | CN¥4.45 | CN¥4.20 | x |
| 2019-12-31 | CN¥4.97 | CN¥4.20 | x |
| 2020-12-31 | CN¥5.47 | CN¥4.20 | x |
| 2021-12-31 | CN¥5.60 | CN¥4.20 | x |
| 2022-12-31 | CN¥4.91 | CN¥4.20 | x |
| 2023-12-31 | CN¥4.57 | CN¥4.20 | x |
| 2024-12-31 | CN¥3.55 | CN¥4.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu WELLE Environmental Co Ltd 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): -26.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.96%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.75x
- Recent ROE (-26.56%) is below the historical average (7.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 29.98% | 24.75% | 0.63x | 1.91x | CN¥8.15 Million |
| 2009 | 31.85% | 23.73% | 0.75x | 1.79x | CN¥18.18 Million |
| 2010 | 38.13% | 21.52% | 0.74x | 2.41x | CN¥33.30 Million |
| 2011 | 5.52% | 18.10% | 0.25x | 1.21x | CN¥-38.71 Million |
| 2012 | 7.14% | 19.18% | 0.31x | 1.19x | CN¥-27.27 Million |
| 2013 | 2.99% | 10.38% | 0.24x | 1.22x | CN¥-67.71 Million |
| 2014 | 6.48% | 14.77% | 0.33x | 1.33x | CN¥-52.11 Million |
| 2015 | 7.60% | 12.55% | 0.35x | 1.75x | CN¥-37.97 Million |
| 2016 | 3.33% | 11.99% | 0.17x | 1.61x | CN¥-185.66 Million |
| 2017 | 3.84% | 9.78% | 0.23x | 1.70x | CN¥-222.23 Million |
| 2018 | 6.42% | 11.25% | 0.29x | 1.99x | CN¥-129.53 Million |
| 2019 | 8.13% | 11.60% | 0.34x | 2.08x | CN¥-73.02 Million |
| 2020 | 8.36% | 11.16% | 0.33x | 2.30x | CN¥-70.21 Million |
| 2021 | 4.25% | 5.91% | 0.30x | 2.43x | CN¥-251.67 Million |
| 2022 | -11.71% | -21.56% | 0.21x | 2.58x | CN¥-833.49 Million |
| 2023 | -5.53% | -8.92% | 0.24x | 2.54x | CN¥-554.43 Million |
| 2024 | -26.56% | -35.96% | 0.27x | 2.75x | CN¥-1.01 Billion |
Industry Comparison
This section compares Jiangsu WELLE Environmental Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu WELLE Environmental Co Ltd (300190) | CN¥2.85 Billion | 29.98% | 1.54x | $520.07 Million |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Jiangsu WELLE Environmental Co Ltd
WELLE Environmental Group Co.,Ltd, together with its subsidiaries, provides treatment solutions for municipal, agricultural, and industry fields in the People's Republic of China and internationally. It provides food waste, kitchen waste, waste leachate, and municipal sewage treatment, as well as kitchen and food waste co-treatment, waste to energy, and river remediation solutions for municipal f… Read more