Zhejiang Jingsheng Mech Electric (300316) - Net Assets
Based on the latest financial reports, Zhejiang Jingsheng Mech Electric (300316) has net assets worth CN¥18.82 Billion CNY (≈ $2.75 Billion 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¥28.34 Billion ≈ $4.15 Billion USD) and total liabilities (CN¥9.51 Billion ≈ $1.39 Billion 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 how resilient are Zhejiang Jingsheng Mech Electric's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore Zhejiang Jingsheng Mech Electric balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 300316 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.93 Billion ≈ $2.62 Billion |
+11.03% |
| 2023-12-31 | CN¥16.15 Billion ≈ $2.36 Billion |
+44.01% |
| 2022-12-31 | CN¥11.22 Billion ≈ $1.64 Billion |
+57.60% |
| 2021-12-31 | CN¥7.12 Billion ≈ $1.04 Billion |
+35.52% |
| 2020-12-31 | CN¥5.25 Billion ≈ $768.44 Million |
+11.34% |
| 2019-12-31 | CN¥4.72 Billion ≈ $690.16 Million |
+11.48% |
| 2018-12-31 | CN¥4.23 Billion ≈ $619.10 Million |
+14.35% |
| 2017-12-31 | CN¥3.70 Billion ≈ $541.39 Million |
+7.37% |
| 2016-12-31 | CN¥3.45 Billion ≈ $504.21 Million |
+78.47% |
| 2015-12-31 | CN¥1.93 Billion ≈ $282.52 Million |
+9.40% |
| 2014-12-31 | CN¥1.76 Billion ≈ $258.23 Million |
+3.99% |
| 2013-12-31 | CN¥1.70 Billion ≈ $248.33 Million |
+1.06% |
| 2012-12-31 | CN¥1.68 Billion ≈ $245.72 Million |
+212.85% |
| 2011-12-31 | CN¥536.74 Million ≈ $78.54 Million |
+155.31% |
| 2010-12-31 | CN¥210.23 Million ≈ $30.76 Million |
+41.51% |
| 2009-12-31 | CN¥148.56 Million ≈ $21.74 Million |
+59.19% |
| 2008-12-31 | CN¥93.32 Million ≈ $13.66 Million |
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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 |
|---|---|
|
Campbell’s Co
NYSE:CPB
|
$8.81 Billion |
|
BrightSpring Health Services, Inc. Common Stock
NASDAQ:BTSG
|
$8.82 Billion |
|
Sartorius Aktiengesellschaft
XETRA:SRT3
|
$8.83 Billion |
|
MITSUIO.S.K.LINES ADR/1/2
F:MIL
|
$8.83 Billion |
|
Krka d. d
WAR:KRK
|
$8.81 Billion |
|
Oracle Financial Services Software Limited
NSE:OFSS
|
$8.80 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
$8.79 Billion |
|
Zions Bancorporation
NASDAQ:ZION
|
$8.79 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: 3.62x
- 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 422.07x to 3.62x 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¥45.98 | x |
| 2009-12-31 | CN¥0.17 | CN¥45.98 | x |
| 2010-12-31 | CN¥0.25 | CN¥45.98 | x |
| 2011-12-31 | CN¥0.63 | CN¥45.98 | x |
| 2012-12-31 | CN¥1.60 | CN¥45.98 | x |
| 2013-12-31 | CN¥1.49 | CN¥45.98 | x |
| 2014-12-31 | CN¥1.41 | CN¥45.98 | x |
| 2015-12-31 | CN¥1.60 | CN¥45.98 | x |
| 2016-12-31 | CN¥2.85 | CN¥45.98 | x |
| 2017-12-31 | CN¥2.77 | CN¥45.98 | x |
| 2018-12-31 | CN¥3.14 | CN¥45.98 | x |
| 2019-12-31 | CN¥3.55 | CN¥45.98 | x |
| 2020-12-31 | CN¥4.08 | CN¥45.98 | x |
| 2021-12-31 | CN¥5.32 | CN¥45.98 | x |
| 2022-12-31 | CN¥8.33 | CN¥45.98 | x |
| 2023-12-31 | CN¥11.46 | CN¥45.98 | x |
| 2024-12-31 | CN¥12.72 | CN¥45.98 | 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% | 40.09% | 0.81x | 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 | 1.70x | 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: $22,837,975,488
- Average return on equity (ROE) among peers: 6.96%
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 | $8.81 Billion |
| TCL Corp (000100) | $135.49 Billion | 3.33% | 1.78x | $12.84 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.30x | $5.28 Billion |
| TongFu Microelectronics Co Ltd (002156) | $6.50 Billion | 0.29% | 1.48x | $12.69 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $279.37 Million | 22.06% | 1.27x | $6.57 Billion |
| NAURA Technology Group Co Ltd (002371) | $32.23 Billion | 17.44% | 1.04x | $57.36 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.28 Billion | 4.71% | 0.32x | $6.19 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $373.43 Million | 7.63% | 0.67x | $463.28 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $43.88 Million | -13.90% | 0.55x | $895.26 Million |
| Hubei Tech Semiconductors Co (300046) | $895.70 Million | 9.58% | 0.17x | $1.15 Billion |
| Shanghai Sinyang Semiconductor (300236) | $4.23 Billion | 3.95% | 0.32x | $4.21 Billion |
About 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