Zhejiang Jingsheng Mech Electric
Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. engages in the manufacture and sale of semiconductor materials and equipment in China and internationally. It offers advanced equipment, including power semiconductors and advanced process equipment, and photovoltaic equipment; advanced materials, such as silicon carbide, diamond, sapphire, quartz crucible, and diamond wire; and smart factory s… Read more
Zhejiang Jingsheng Mech Electric (300316) - Net Assets
Latest net assets as of September 2025: CN¥18.82 Billion CNY
Based on the latest financial reports, Zhejiang Jingsheng Mech Electric (300316) has net assets worth CN¥18.82 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¥28.34 Billion) and total liabilities (CN¥9.51 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¥18.82 Billion |
| % of Total Assets | 66.43% |
| Annual Growth Rate | 38.91% |
| 5-Year Change | 241.52% |
| 10-Year Change | 828.91% |
| Growth Volatility | 57.28 |
Zhejiang Jingsheng Mech Electric - Net Assets Trend (2008–2024)
This chart illustrates how Zhejiang Jingsheng Mech Electric's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Jingsheng Mech Electric (2008–2024)
The table below shows the annual net assets of Zhejiang Jingsheng Mech Electric from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.93 Billion | +11.03% |
| 2023-12-31 | CN¥16.15 Billion | +44.05% |
| 2022-12-31 | CN¥11.21 Billion | +57.56% |
| 2021-12-31 | CN¥7.12 Billion | +35.52% |
| 2020-12-31 | CN¥5.25 Billion | +11.34% |
| 2019-12-31 | CN¥4.72 Billion | +11.48% |
| 2018-12-31 | CN¥4.23 Billion | +14.35% |
| 2017-12-31 | CN¥3.70 Billion | +7.37% |
| 2016-12-31 | CN¥3.45 Billion | +78.47% |
| 2015-12-31 | CN¥1.93 Billion | +9.40% |
| 2014-12-31 | CN¥1.76 Billion | +3.99% |
| 2013-12-31 | CN¥1.70 Billion | +1.06% |
| 2012-12-31 | CN¥1.68 Billion | +212.85% |
| 2011-12-31 | CN¥536.74 Million | +155.31% |
| 2010-12-31 | CN¥210.23 Million | +41.51% |
| 2009-12-31 | CN¥148.56 Million | +59.19% |
| 2008-12-31 | CN¥93.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Jingsheng Mech Electric'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 14950.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥11.67 Billion | 70.23% |
| Common Stock | CN¥1.31 Billion | 7.88% |
| Other Comprehensive Income | CN¥2.82 Million | 0.02% |
| Other Components | CN¥3.64 Billion | 21.87% |
| Total Equity | CN¥16.62 Billion | 100.00% |
Zhejiang Jingsheng Mech Electric Competitors by Market Cap
The table below lists competitors of Zhejiang Jingsheng Mech Electric ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrokent Turizm AS
IS:PKENT
|
$3.60 Billion |
|
Berner Kantonalbank AG
SW:BEKN
|
$3.61 Billion |
|
Ningbo Orient Wires and Cables Co Ltd
SHG:603606
|
$3.61 Billion |
|
ADMA Biologics Inc
NASDAQ:ADMA
|
$3.61 Billion |
|
Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379
|
$3.60 Billion |
|
Impala Platinum Holdings Limited
OTCQX:IMPUF
|
$3.60 Billion |
|
FIRST FIN. BANKSHS DL-01
F:FI6
|
$3.60 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
$3.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Jingsheng Mech Electric's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,963,146,218 to 16,621,271,326, a change of 1,658,125,108 (11.1%).
- Net income of 2,509,729,990 contributed positively to equity growth.
- Dividend payments of 969,744,583 reduced retained earnings.
- Share repurchases of 42,945,906 reduced equity.
- Other comprehensive income increased equity by 216,475.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.51 Billion | +15.1% |
| Dividends Paid | CN¥969.74 Million | -5.83% |
| Share Repurchases | CN¥42.95 Million | -0.26% |
| Other Comprehensive Income | CN¥216.47K | +0.0% |
| Other Changes | CN¥160.87 Million | +0.97% |
| Total Change | CN¥- | 11.08% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Jingsheng Mech Electric'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: 3.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 416.29x to 3.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.11 | CN¥45.35 | x |
| 2009-12-31 | CN¥0.17 | CN¥45.35 | x |
| 2010-12-31 | CN¥0.25 | CN¥45.35 | x |
| 2011-12-31 | CN¥0.63 | CN¥45.35 | x |
| 2012-12-31 | CN¥1.60 | CN¥45.35 | x |
| 2013-12-31 | CN¥1.49 | CN¥45.35 | x |
| 2014-12-31 | CN¥1.41 | CN¥45.35 | x |
| 2015-12-31 | CN¥1.60 | CN¥45.35 | x |
| 2016-12-31 | CN¥2.85 | CN¥45.35 | x |
| 2017-12-31 | CN¥2.77 | CN¥45.35 | x |
| 2018-12-31 | CN¥3.14 | CN¥45.35 | x |
| 2019-12-31 | CN¥3.55 | CN¥45.35 | x |
| 2020-12-31 | CN¥4.08 | CN¥45.35 | x |
| 2021-12-31 | CN¥5.32 | CN¥45.35 | x |
| 2022-12-31 | CN¥8.33 | CN¥45.35 | x |
| 2023-12-31 | CN¥11.46 | CN¥45.35 | x |
| 2024-12-31 | CN¥12.72 | CN¥45.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Jingsheng Mech Electric 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): 15.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.28%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.90x
- Recent ROE (15.10%) is below the historical average (25.25%), 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 | 85.59% | 45.33% | 0.88x | 2.14x | CN¥70.54 Million |
| 2009 | 40.55% | 33.18% | 0.74x | 1.65x | CN¥45.38 Million |
| 2010 | 60.25% | 33.35% | 0.75x | 2.41x | CN¥105.65 Million |
| 2011 | 60.83% | 39.65% | 0.82x | 1.87x | CN¥272.83 Million |
| 2012 | 10.34% | 34.55% | 0.27x | 1.10x | CN¥5.70 Million |
| 2013 | 2.58% | 24.79% | 0.10x | 1.08x | CN¥-124.87 Million |
| 2014 | 3.82% | 26.83% | 0.13x | 1.10x | CN¥-106.36 Million |
| 2015 | 5.78% | 17.68% | 0.25x | 1.31x | CN¥-76.26 Million |
| 2016 | 6.21% | 18.67% | 0.26x | 1.26x | CN¥-124.60 Million |
| 2017 | 10.83% | 19.84% | 0.32x | 1.69x | CN¥29.76 Million |
| 2018 | 14.35% | 22.96% | 0.40x | 1.56x | CN¥176.38 Million |
| 2019 | 14.01% | 20.50% | 0.40x | 1.73x | CN¥182.29 Million |
| 2020 | 16.38% | 22.52% | 0.36x | 2.00x | CN¥334.18 Million |
| 2021 | 25.04% | 28.71% | 0.35x | 2.47x | CN¥1.03 Billion |
| 2022 | 27.14% | 27.49% | 0.37x | 2.68x | CN¥1.85 Billion |
| 2023 | 30.46% | 25.34% | 0.49x | 2.46x | CN¥3.06 Billion |
| 2024 | 15.10% | 14.28% | 0.56x | 1.90x | CN¥847.60 Million |
Industry Comparison
This section compares Zhejiang Jingsheng Mech Electric's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $20,570,804,952
- Average return on equity (ROE) among peers: 8.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jingsheng Mech Electric (300316) | CN¥18.82 Billion | 85.59% | 0.51x | $3.60 Billion |
| TCL Corp (000100) | $132.14 Billion | 0.20% | 1.72x | $11.00 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $470.47 Million | 28.36% | 1.12x | $193.39 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.32x | $3.68 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $6.97 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.12 Billion | 1.18% | 0.76x | $4.61 Billion |
| NAURA Technology Group Co Ltd (002371) | $3.36 Billion | 2.76% | 0.94x | $23.27 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.25 Billion | 6.30% | 0.11x | $3.07 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.01 Billion | 8.50% | 1.05x | $204.60 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $44.34 Million | 1.04% | 0.46x | $308.98 Million |
| Hubei Tech Semiconductors Co (300046) | $1.03 Billion | 4.28% | 0.07x | $823.72 Million |