Shenzhen Jasic Tech Co (300193) - Net Assets
Based on the latest financial reports, Shenzhen Jasic Tech Co (300193) has net assets worth CN¥2.31 Billion CNY (≈ $338.23 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.98 Billion ≈ $435.82 Million USD) and total liabilities (CN¥666.93 Million ≈ $97.59 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 300193 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.31 Billion |
| % of Total Assets | 77.61% |
| Annual Growth Rate | 22.56% |
| 5-Year Change | -0.58% |
| 10-Year Change | 12.68% |
| Growth Volatility | 96.61 |
Shenzhen Jasic Tech Co - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Jasic Tech Co's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Jasic Tech Co (300193) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Jasic Tech Co (2007–2024)
The table below shows the annual net assets of Shenzhen Jasic Tech Co from 2007 to 2024. For live valuation and market cap data, see Shenzhen Jasic Tech Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.25 Billion ≈ $328.54 Million |
-1.66% |
| 2023-12-31 | CN¥2.28 Billion ≈ $334.08 Million |
+8.91% |
| 2022-12-31 | CN¥2.10 Billion ≈ $306.74 Million |
-7.30% |
| 2021-12-31 | CN¥2.26 Billion ≈ $330.91 Million |
+0.13% |
| 2020-12-31 | CN¥2.26 Billion ≈ $330.47 Million |
-4.42% |
| 2019-12-31 | CN¥2.36 Billion ≈ $345.76 Million |
-2.75% |
| 2018-12-31 | CN¥2.43 Billion ≈ $355.53 Million |
+6.37% |
| 2017-12-31 | CN¥2.28 Billion ≈ $334.24 Million |
+7.39% |
| 2016-12-31 | CN¥2.13 Billion ≈ $311.24 Million |
+6.74% |
| 2015-12-31 | CN¥1.99 Billion ≈ $291.58 Million |
+4.23% |
| 2014-12-31 | CN¥1.91 Billion ≈ $279.74 Million |
+0.02% |
| 2013-12-31 | CN¥1.91 Billion ≈ $279.68 Million |
+2.68% |
| 2012-12-31 | CN¥1.86 Billion ≈ $272.39 Million |
-1.06% |
| 2011-12-31 | CN¥1.88 Billion ≈ $275.32 Million |
+406.05% |
| 2010-12-31 | CN¥371.80 Million ≈ $54.41 Million |
+61.10% |
| 2009-12-31 | CN¥230.78 Million ≈ $33.77 Million |
+105.96% |
| 2008-12-31 | CN¥112.05 Million ≈ $16.40 Million |
+58.54% |
| 2007-12-31 | CN¥70.68 Million ≈ $10.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Jasic Tech 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 1668.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥519.98 Million | 23.25% |
| Common Stock | CN¥493.60 Million | 22.07% |
| Other Comprehensive Income | CN¥250.38 Million | 11.19% |
| Other Components | CN¥972.88 Million | 43.49% |
| Total Equity | CN¥2.24 Billion | 100.00% |
Shenzhen Jasic Tech Co Competitors by Market Cap
The table below lists competitors of Shenzhen Jasic Tech Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kolon Corp
KO:002020
|
$616.09 Million |
|
Huamei Holding
SHE:000607
|
$616.53 Million |
|
Doosan Skoda Power as
PR:DSPW
|
$616.61 Million |
|
Sinotherapeutics Inc. A
SHG:688247
|
$616.94 Million |
|
Zhejiang Jinghua Laser Technology Co Ltd Class A
SHG:603607
|
$615.97 Million |
|
JuneYao Dairy Co Ltd
SHG:605388
|
$615.97 Million |
|
Shanghai New Huang Pu Real Estate Co Ltd
SHG:600638
|
$615.87 Million |
|
Suprajit Engineering Limited
NSE:SUPRAJIT
|
$615.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Jasic Tech Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,274,464,846 to 2,236,839,500, a change of -37,625,346 (-1.7%).
- Net income of 255,268,381 contributed positively to equity growth.
- Dividend payments of 287,869,526 reduced retained earnings.
- Other comprehensive income increased equity by 10,297,947.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥255.27 Million | +11.41% |
| Dividends Paid | CN¥287.87 Million | -12.87% |
| Other Comprehensive Income | CN¥10.30 Million | +0.46% |
| Other Changes | CN¥-15.32 Million | -0.68% |
| Total Change | CN¥- | -1.65% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Jasic Tech 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: 1.88x
- 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 31.85x to 1.88x 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¥0.28 | CN¥8.84 | x |
| 2008-12-31 | CN¥0.39 | CN¥8.84 | x |
| 2009-12-31 | CN¥0.79 | CN¥8.84 | x |
| 2010-12-31 | CN¥1.03 | CN¥8.84 | x |
| 2011-12-31 | CN¥4.08 | CN¥8.84 | x |
| 2012-12-31 | CN¥3.81 | CN¥8.84 | x |
| 2013-12-31 | CN¥3.86 | CN¥8.84 | x |
| 2014-12-31 | CN¥4.00 | CN¥8.84 | x |
| 2015-12-31 | CN¥3.86 | CN¥8.84 | x |
| 2016-12-31 | CN¥4.20 | CN¥8.84 | x |
| 2017-12-31 | CN¥4.43 | CN¥8.84 | x |
| 2018-12-31 | CN¥4.81 | CN¥8.84 | x |
| 2019-12-31 | CN¥4.85 | CN¥8.84 | x |
| 2020-12-31 | CN¥4.58 | CN¥8.84 | x |
| 2021-12-31 | CN¥4.50 | CN¥8.84 | x |
| 2022-12-31 | CN¥4.44 | CN¥8.84 | x |
| 2023-12-31 | CN¥4.78 | CN¥8.84 | x |
| 2024-12-31 | CN¥4.70 | CN¥8.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Jasic Tech 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): 11.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.26%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.36x
- Recent ROE (11.41%) is below the historical average (13.86%), 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 | 47.49% | 22.28% | 1.02x | 2.09x | CN¥26.50 Million |
| 2008 | 50.31% | 19.98% | 1.38x | 1.82x | CN¥45.17 Million |
| 2009 | 32.11% | 22.01% | 1.08x | 1.35x | CN¥51.03 Million |
| 2010 | 26.36% | 18.82% | 0.91x | 1.54x | CN¥60.83 Million |
| 2011 | 5.79% | 18.34% | 0.28x | 1.11x | CN¥-79.22 Million |
| 2012 | 4.41% | 13.63% | 0.29x | 1.13x | CN¥-103.52 Million |
| 2013 | 3.65% | 11.87% | 0.27x | 1.12x | CN¥-120.55 Million |
| 2014 | 2.75% | 8.91% | 0.28x | 1.11x | CN¥-138.27 Million |
| 2015 | 3.88% | 12.37% | 0.27x | 1.15x | CN¥-121.75 Million |
| 2016 | 4.76% | 14.32% | 0.28x | 1.17x | CN¥-111.16 Million |
| 2017 | 6.32% | 17.83% | 0.31x | 1.16x | CN¥-83.70 Million |
| 2018 | 7.90% | 21.36% | 0.32x | 1.15x | CN¥-50.74 Million |
| 2019 | 8.87% | 21.51% | 0.35x | 1.18x | CN¥-26.44 Million |
| 2020 | 7.21% | 15.93% | 0.38x | 1.20x | CN¥-62.81 Million |
| 2021 | 8.89% | 16.05% | 0.45x | 1.24x | CN¥-25.05 Million |
| 2022 | 8.45% | 14.31% | 0.45x | 1.32x | CN¥-32.44 Million |
| 2023 | 8.95% | 17.75% | 0.40x | 1.26x | CN¥-23.98 Million |
| 2024 | 11.41% | 20.26% | 0.41x | 1.36x | CN¥31.58 Million |
Industry Comparison
This section compares Shenzhen Jasic Tech Co's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,221,799,146
- Average return on equity (ROE) among peers: 15.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Jasic Tech Co (300193) | CN¥2.31 Billion | 47.49% | 0.29x | $616.06 Million |
| Bosun Tools Co Ltd (002282) | $3.47 Billion | 3.71% | 0.13x | $535.80 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $2.98 Billion | 10.46% | 0.26x | $670.77 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $200.12 Million | 86.55% | 2.62x | $537.47 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $252.80 Million | 25.85% | 2.16x | $5.98 Billion |
| Geron Co Ltd (002722) | $1.91 Billion | 3.09% | 0.60x | $510.88 Million |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $743.83 Million | 8.69% | 0.52x | $2.16 Billion |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $532.49 Million | 21.79% | 0.53x | $950.76 Million |
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | $374.78 Million | 20.27% | 0.76x | $780.34 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $1.38 Billion | 3.65% | 0.84x | $979.13 Million |
| Wafangdian Bearing Co Ltd (200706) | $371.31 Million | -26.79% | 7.57x | $143.90 Million |
About Shenzhen Jasic Tech Co
Shenzhen Jasic Technology Co.,Ltd. engages in the research and development, production, and sale of welding and cutting equipment in China and internationally. The company offers digital MIG/CO2 welders, digital pulse MIG welders, digital manual arc welders, digital full function pulse TIG welders, digital pulse AC/DC square wave TIG welders, plasma cutting machines, and submerged arc welders. It… Read more