Jiangsu LiXing General Steel Ball Co Ltd Net Assets
Jiangsu LiXing General Steel Ball Co Ltd net assets. Based on the latest financial reports, Jiangsu LiXing General Steel Ball Co Ltd (300421) has net assets worth CN¥1.26 Billion CNY (≈ $184.68 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.93 Billion ≈ $282.24 Million USD) and total liabilities (CN¥666.71 Million ≈ $97.56 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. Also explore Jiangsu LiXing General Steel Ball Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.26 Billion |
| % of Total Assets | 65.43% |
| Annual Growth Rate | 12.74% |
| 5-Year Change | 4.38% |
| 10-Year Change | 11.71% |
| Growth Volatility | 30.82 |
Net Assets of Jiangsu LiXing General Steel Ball Co Ltd (2011–2025)
Net assets of Jiangsu LiXing General Steel Ball Co Ltd from 2011 to 2025. This chart illustrates how Jiangsu LiXing General Steel Ball Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangsu LiXing General Steel Ball Co Ltd (300421) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Jiangsu LiXing General Steel Ball Co Ltd (2011–2025)
The table below shows the annual net assets of Jiangsu LiXing General Steel Ball Co Ltd from 2011 to 2025. For live market cap and overall valuation, see 300421 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.29 Billion ≈ $188.15 Million |
+2.52% |
| 2024-12-31 | CN¥1.25 Billion ≈ $183.52 Million |
+1.68% |
| 2023-12-31 | CN¥1.23 Billion ≈ $180.48 Million |
-2.82% |
| 2022-12-31 | CN¥1.27 Billion ≈ $185.72 Million |
+3.03% |
| 2021-12-31 | CN¥1.23 Billion ≈ $180.26 Million |
+6.45% |
| 2020-12-31 | CN¥1.16 Billion ≈ $169.33 Million |
+2.90% |
| 2019-12-31 | CN¥1.12 Billion ≈ $164.57 Million |
-0.88% |
| 2018-12-31 | CN¥1.13 Billion ≈ $166.04 Million |
-3.11% |
| 2017-12-31 | CN¥1.17 Billion ≈ $171.36 Million |
+1.74% |
| 2016-12-31 | CN¥1.15 Billion ≈ $168.42 Million |
+98.48% |
| 2015-12-31 | CN¥579.89 Million ≈ $84.86 Million |
+80.29% |
| 2014-12-31 | CN¥321.64 Million ≈ $47.07 Million |
+0.96% |
| 2013-12-31 | CN¥318.57 Million ≈ $46.62 Million |
+8.02% |
| 2012-12-31 | CN¥294.92 Million ≈ $43.16 Million |
+22.93% |
| 2011-12-31 | CN¥239.91 Million ≈ $35.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu LiXing General Steel Ball 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 grown by 1542.9% over the analyzed period, indicating profitable operations and earnings retention.
Jiangsu LiXing General Steel Ball Co Ltd Net Assets Breakdown (December 2025)
Jiangsu LiXing General Steel Ball Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥234.92 Million | 18.27% |
| Other Components | CN¥1.05 Billion | 81.73% |
| Total Equity | CN¥1.29 Billion | 100.00% |
Jiangsu LiXing General Steel Ball Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu LiXing General Steel Ball Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alight Inc
NYSE:ALIT
|
$714.34 Million |
|
Wetown Electric Group Co Ltd
SHG:688226
|
$714.47 Million |
|
Vina Concha To
SN:CONCHATORO
|
$714.48 Million |
|
CRH PLC
LSE:CRH
|
$714.63 Million |
|
Plan B Media Public Company Limited
BK:PLANB-R
|
$714.07 Million |
|
Saul Centers Inc
NYSE:BFS
|
$713.99 Million |
|
Shenzhen Sunnypol Optoelectronics Co Ltd
SHE:002876
|
$713.98 Million |
|
Ton Yi Industrial Corp
TW:9907
|
$713.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu LiXing General Steel Ball Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,254,119,328 to 1,285,783,679, a change of 31,664,351 (2.5%).
- Net income of 69,216,718 contributed positively to equity growth.
- Dividend payments of 41,571,452 reduced retained earnings.
- Other comprehensive income decreased equity by 90,824,355.
- Other factors increased equity by 94,843,440.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥69.22 Million | +5.38% |
| Dividends Paid | CN¥41.57 Million | -3.23% |
| Other Comprehensive Income | CN¥-90.82 Million | -7.06% |
| Other Changes | CN¥94.84 Million | +7.38% |
| Total Change | CN¥- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu LiXing General Steel Ball 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: 3.80x
- 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 11.75x to 3.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.41 | CN¥16.60 | x |
| 2012-12-31 | CN¥1.45 | CN¥16.60 | x |
| 2013-12-31 | CN¥1.58 | CN¥16.60 | x |
| 2014-12-31 | CN¥1.68 | CN¥16.60 | x |
| 2015-12-31 | CN¥2.37 | CN¥16.60 | x |
| 2016-12-31 | CN¥4.33 | CN¥16.60 | x |
| 2017-12-31 | CN¥3.93 | CN¥16.60 | x |
| 2018-12-31 | CN¥3.88 | CN¥16.60 | x |
| 2019-12-31 | CN¥3.87 | CN¥16.60 | x |
| 2020-12-31 | CN¥4.03 | CN¥16.60 | x |
| 2021-12-31 | CN¥4.19 | CN¥16.60 | x |
| 2022-12-31 | CN¥4.33 | CN¥16.60 | x |
| 2023-12-31 | CN¥4.20 | CN¥16.60 | x |
| 2024-12-31 | CN¥4.26 | CN¥16.60 | x |
| 2025-12-31 | CN¥4.37 | CN¥16.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu LiXing General Steel Ball 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): 5.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.24%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.50x
- Recent ROE (5.38%) is below the historical average (9.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 20.61% | 11.95% | 0.80x | 2.16x | CN¥23.93 Million |
| 2012 | 18.93% | 12.99% | 0.86x | 1.70x | CN¥24.84 Million |
| 2013 | 16.45% | 11.74% | 0.77x | 1.83x | CN¥19.51 Million |
| 2014 | 16.29% | 11.12% | 0.73x | 2.00x | CN¥20.22 Million |
| 2015 | 9.34% | 11.33% | 0.69x | 1.20x | CN¥-3.83 Million |
| 2016 | 5.05% | 11.96% | 0.38x | 1.10x | CN¥-56.96 Million |
| 2017 | 6.32% | 11.15% | 0.44x | 1.30x | CN¥-43.13 Million |
| 2018 | 6.44% | 10.35% | 0.47x | 1.32x | CN¥-40.40 Million |
| 2019 | 3.44% | 5.30% | 0.52x | 1.25x | CN¥-73.77 Million |
| 2020 | 5.24% | 7.70% | 0.53x | 1.29x | CN¥-55.12 Million |
| 2021 | 7.33% | 9.28% | 0.58x | 1.37x | CN¥-32.85 Million |
| 2022 | 4.91% | 6.36% | 0.55x | 1.41x | CN¥-64.57 Million |
| 2023 | 4.86% | 5.98% | 0.55x | 1.48x | CN¥-63.45 Million |
| 2024 | 4.40% | 5.29% | 0.55x | 1.53x | CN¥-70.18 Million |
| 2025 | 5.38% | 6.24% | 0.57x | 1.50x | CN¥-59.36 Million |
Industry Comparison
This section compares Jiangsu LiXing General Steel Ball Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $13,977,556,822
- Average return on equity (ROE) among peers: 4.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu LiXing General Steel Ball Co Ltd (300421) | CN¥1.26 Billion | 20.61% | 0.53x | $714.23 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $772.58 Million | -5.53% | 3.23x | $9.23 Billion |
| HBIS Co Ltd (000709) | $44.79 Billion | 0.26% | 2.73x | $3.03 Billion |
| Sgis Songshan Co Ltd (000717) | $2.28 Billion | 9.87% | 0.31x | $716.46 Million |
| Bengang Steel Plates Co Ltd (000761) | $14.85 Billion | 10.78% | 3.24x | $1.19 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $27.59 Billion | 6.07% | 1.03x | $2.04 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $30.82 Billion | 16.15% | 1.33x | $2.75 Billion |
| Jiangsu Fasten Co Ltd (000890) | $654.28 Million | -22.20% | 10.49x | $340.70 Million |
| Angang Steel Co Ltd Class A (000898) | $7.20 Billion | 5.61% | 0.42x | $2.29 Billion |
| Hunan Valin Steel Co Ltd (000932) | $2.77 Billion | 11.22% | 0.71x | $3.49 Billion |
| Beijing Shougang Co Ltd (000959) | $8.03 Billion | 7.94% | 1.27x | $3.48 Billion |
About Jiangsu LiXing General Steel Ball Co Ltd
Jiangsu Lixing General Steel Ball Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of precision bearing rolling elements in China and internationally. It offers specialized steel balls for hub bearing units of cars; precision noiseless small and micro steel balls; large precision heavy-duty bearing steel balls; high-precision ceramic balls; … Read more