Jsti Group (300284) - Net Assets

Latest as of June 2025: CN¥8.85 Billion CNY ≈ $1.30 Billion USD

Based on the latest financial reports, Jsti Group (300284) has net assets worth CN¥8.85 Billion CNY (≈ $1.30 Billion 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¥15.66 Billion ≈ $2.29 Billion USD) and total liabilities (CN¥6.81 Billion ≈ $996.29 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 asset resilience ratio of Jsti Group to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥8.85 Billion
% of Total Assets	56.52%
Annual Growth Rate	23.49%
5-Year Change	61.36%
10-Year Change	213.28%
Growth Volatility	46.44

Jsti Group - Net Assets Trend (2008–2024)

This chart illustrates how Jsti Group's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Jsti Group for the complete picture of this company's asset base.

Annual Net Assets for Jsti Group (2008–2024)

The table below shows the annual net assets of Jsti Group from 2008 to 2024. For live valuation and market cap data, see Jsti Group (300284) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥8.80 Billion ≈ $1.29 Billion	+1.11%
2023-12-31	CN¥8.70 Billion ≈ $1.27 Billion	+1.29%
2022-12-31	CN¥8.59 Billion ≈ $1.26 Billion	+6.49%
2021-12-31	CN¥8.07 Billion ≈ $1.18 Billion	+47.96%
2020-12-31	CN¥5.45 Billion ≈ $797.65 Million	+5.91%
2019-12-31	CN¥5.15 Billion ≈ $753.15 Million	+13.22%
2018-12-31	CN¥4.55 Billion ≈ $665.23 Million	+14.11%
2017-12-31	CN¥3.98 Billion ≈ $582.95 Million	+22.82%
2016-12-31	CN¥3.24 Billion ≈ $474.65 Million	+15.53%
2015-12-31	CN¥2.81 Billion ≈ $410.85 Million	+33.17%
2014-12-31	CN¥2.11 Billion ≈ $308.52 Million	+28.87%
2013-12-31	CN¥1.64 Billion ≈ $239.41 Million	+14.63%
2012-12-31	CN¥1.43 Billion ≈ $208.86 Million	+8.98%
2011-12-31	CN¥1.31 Billion ≈ $191.64 Million	+202.20%
2010-12-31	CN¥433.37 Million ≈ $63.42 Million	+27.18%
2009-12-31	CN¥340.75 Million ≈ $49.86 Million	+13.34%
2008-12-31	CN¥300.65 Million ≈ $43.99 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jsti Group'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 9750.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥3.85 Billion	45.79%
Other Components	CN¥4.56 Billion	54.21%
Total Equity	CN¥8.41 Billion	100.00%

Jsti Group Competitors by Market Cap

The table below lists competitors of Jsti Group ranked by their market capitalization.

Company	Market Cap
China Modern Dairy Holdings Ltd F:07M	$1.25 Billion
Befesa SA XETRA:BFSA	$1.25 Billion
SK Reit Co Ltd KO:395400	$1.25 Billion
Corvus Pharmaceuticals Inc NASDAQ:CRVS	$1.25 Billion
Develop Global Ltd AU:DVP	$1.25 Billion
MONGOLIAN MINING CRP.REGS F:29X2	$1.25 Billion
Bio-Thera Solutions Ltd SHG:688177	$1.25 Billion
HannStar Board Corp TW:5469	$1.25 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jsti Group's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 8,328,192,973 to 8,406,606,237, a change of 78,413,263 (0.9%).
Net income of 227,346,237 contributed positively to equity growth.
Dividend payments of 266,110,114 reduced retained earnings.
Other factors increased equity by 117,177,141.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥227.35 Million	+2.7%
Dividends Paid	CN¥266.11 Million	-3.17%
Other Changes	CN¥117.18 Million	+1.39%
Total Change	CN¥-	0.94%

Book Value vs Market Value Analysis

This analysis compares Jsti Group'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: 1.02x
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 1.77x to 1.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CN¥3.82	CN¥6.76	x
2018-12-31	CN¥4.37	CN¥6.76	x
2019-12-31	CN¥4.96	CN¥6.76	x
2020-12-31	CN¥5.25	CN¥6.76	x
2021-12-31	CN¥6.11	CN¥6.76	x
2022-12-31	CN¥6.48	CN¥6.76	x
2023-12-31	CN¥6.59	CN¥6.76	x
2024-12-31	CN¥6.66	CN¥6.76	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jsti Group 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): 2.70%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.81%
• Asset Turnover: 0.29x
• Equity Multiplier: 1.91x
Recent ROE (2.70%) is below the historical average (12.31%), 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	24.47%	15.25%	0.60x	2.69x	CN¥42.08 Million
2009	24.14%	9.40%	0.85x	3.02x	CN¥47.52 Million
2010	22.01%	8.26%	0.86x	3.11x	CN¥51.80 Million
2011	10.07%	10.40%	0.48x	2.03x	CN¥944.20K
2012	10.08%	11.98%	0.41x	2.06x	CN¥1.09 Million
2013	11.95%	11.40%	0.52x	2.01x	CN¥30.25 Million
2014	12.76%	11.71%	0.50x	2.17x	CN¥54.63 Million
2015	11.75%	12.12%	0.47x	2.06x	CN¥46.31 Million
2016	12.56%	9.03%	0.47x	2.97x	CN¥77.27 Million
2017	12.50%	7.12%	0.60x	2.94x	CN¥92.92 Million
2018	14.69%	8.87%	0.57x	2.89x	CN¥199.02 Million
2019	15.01%	12.13%	0.45x	2.77x	CN¥241.64 Million
2020	7.62%	7.06%	0.38x	2.80x	CN¥-121.52 Million
2021	6.12%	9.22%	0.34x	1.96x	CN¥-299.21 Million
2022	7.25%	11.36%	0.34x	1.90x	CN¥-224.73 Million
2023	3.63%	5.80%	0.33x	1.91x	CN¥-530.43 Million
2024	2.70%	4.81%	0.29x	1.91x	CN¥-613.31 Million

Industry Comparison

This section compares Jsti Group's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $2,659,169,713
Average return on equity (ROE) among peers: 4.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jsti Group (300284)	CN¥8.85 Billion	24.47%	0.77x	$1.25 Billion
Shenzhen Ecobeauty Co Ltd (000010)	$86.44 Million	8.33%	1.82x	$486.19 Million
Shenzhen Sed Industry Co Ltd (000032)	$659.52 Million	6.07%	1.00x	$3.08 Billion
NORINCO International Cooperation Ltd (000065)	$9.29 Billion	9.88%	1.56x	$2.17 Billion
Shenzhen Tagen Group Co Ltd (000090)	$3.07 Billion	6.62%	1.44x	$962.46 Million
Shandong Hi-Speed Road&Bridge (000498)	$518.35 Million	-21.04%	2.07x	$1.26 Billion
Jinyuan Cement Co Ltd (000546)	$6.14 Billion	1.41%	0.76x	$878.49 Million
Hunan Investment Group Co Ltd (000548)	$1.55 Billion	3.80%	0.54x	$389.36 Million
ChengDu Hi-Tech Development Co Ltd (000628)	$686.52 Million	6.80%	4.78x	$3.41 Billion
Gansu Engineering Consulting Group Co Ltd (000779)	$2.16 Billion	14.25%	0.81x	$602.65 Million
Hainan Expressway Co Ltd (000886)	$2.44 Billion	4.85%	0.21x	$800.17 Million

About Jsti Group

SHE:300284 China Engineering & Construction

Market Cap

$1.25 Billion

CN¥8.54 Billion CNY

Market Cap Rank

#8154 Global

#2063 in China

Share Price

CN¥6.76

Change (1 day)

+0.60%

52-Week Range

CN¥6.30 - CN¥10.19

All Time High

CN¥215.44