Shandong Laiwu Jinlei Wind Power Technology Co Ltd
Jinlei Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, machining, and sale of wind turbine main shafts, and various castings and forgings in China and internationally. The company offers fan spindle products comprising forged and casting shafts, and spindle accessories; and free forging products, including cylinders, discs, and other specia… Read more
Shandong Laiwu Jinlei Wind Power Technology Co Ltd (300443) - Net Assets
Latest net assets as of September 2025: CN¥6.31 Billion CNY
Based on the latest financial reports, Shandong Laiwu Jinlei Wind Power Technology Co Ltd (300443) has net assets worth CN¥6.31 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¥6.98 Billion) and total liabilities (CN¥676.86 Million). 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¥6.31 Billion |
| % of Total Assets | 90.31% |
| Annual Growth Rate | 28.48% |
| 5-Year Change | 107.07% |
| 10-Year Change | 569.74% |
| Growth Volatility | 33.15 |
Shandong Laiwu Jinlei Wind Power Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shandong Laiwu Jinlei Wind Power Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shandong Laiwu Jinlei Wind Power Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Shandong Laiwu Jinlei Wind Power Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.03 Billion | -3.96% |
| 2023-12-31 | CN¥6.28 Billion | +74.06% |
| 2022-12-31 | CN¥3.61 Billion | +10.85% |
| 2021-12-31 | CN¥3.25 Billion | +11.74% |
| 2020-12-31 | CN¥2.91 Billion | +50.50% |
| 2019-12-31 | CN¥1.93 Billion | +11.33% |
| 2018-12-31 | CN¥1.74 Billion | +7.18% |
| 2017-12-31 | CN¥1.62 Billion | +7.10% |
| 2016-12-31 | CN¥1.51 Billion | +68.18% |
| 2015-12-31 | CN¥900.05 Million | +113.87% |
| 2014-12-31 | CN¥420.83 Million | +27.78% |
| 2013-12-31 | CN¥329.35 Million | +18.95% |
| 2012-12-31 | CN¥276.88 Million | +19.43% |
| 2011-12-31 | CN¥231.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Laiwu Jinlei Wind Power Technology 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 3453.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.46 Billion | 40.90% |
| Common Stock | CN¥320.13 Million | 5.32% |
| Other Components | CN¥3.24 Billion | 53.78% |
| Total Equity | CN¥6.02 Billion | 100.00% |
Shandong Laiwu Jinlei Wind Power Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Laiwu Jinlei Wind Power Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Focus Technology Co Ltd
SHE:002315
|
$904.68 Million |
|
Krungthai Card PCL
BK:KTC
|
$905.79 Million |
|
Arcadyan Technology Corp
TW:3596
|
$906.04 Million |
|
YFY Inc
TW:1907
|
$906.16 Million |
|
CRISIL Limited
NSE:CRISIL
|
$904.41 Million |
|
Tianjin Chase Sun Pharmaceutical Co Ltd
SHE:300026
|
$904.30 Million |
|
Lightspeed Commerce Inc
NYSE:LSPD
|
$904.25 Million |
|
Anhui Jinhe Industrial Co Ltd
SHE:002597
|
$903.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Laiwu Jinlei Wind Power Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,118,477,543 to 6,021,588,388, a change of -96,889,155 (-1.6%).
- Net income of 172,824,481 contributed positively to equity growth.
- Dividend payments of 109,320,594 reduced retained earnings.
- Share repurchases of 167,700,702 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥172.82 Million | +2.87% |
| Dividends Paid | CN¥109.32 Million | -1.82% |
| Share Repurchases | CN¥167.70 Million | -2.78% |
| Other Changes | CN¥7.31 Million | +0.12% |
| Total Change | CN¥- | -1.58% |
Book Value vs Market Value Analysis
This analysis compares Shandong Laiwu Jinlei Wind Power Technology 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: 1.70x
- 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 23.36x to 1.70x 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¥1.36 | CN¥31.79 | x |
| 2012-12-31 | CN¥1.54 | CN¥31.79 | x |
| 2013-12-31 | CN¥1.84 | CN¥31.79 | x |
| 2014-12-31 | CN¥2.33 | CN¥31.79 | x |
| 2015-12-31 | CN¥4.28 | CN¥31.79 | x |
| 2016-12-31 | CN¥6.57 | CN¥31.79 | x |
| 2017-12-31 | CN¥6.80 | CN¥31.79 | x |
| 2018-12-31 | CN¥7.32 | CN¥31.79 | x |
| 2019-12-31 | CN¥8.13 | CN¥31.79 | x |
| 2020-12-31 | CN¥12.04 | CN¥31.79 | x |
| 2021-12-31 | CN¥12.43 | CN¥31.79 | x |
| 2022-12-31 | CN¥13.78 | CN¥31.79 | x |
| 2023-12-31 | CN¥20.84 | CN¥31.79 | x |
| 2024-12-31 | CN¥18.69 | CN¥31.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Laiwu Jinlei Wind Power Technology 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): 2.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.78%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.10x
- Recent ROE (2.87%) is below the historical average (12.91%), 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 | 17.63% | 13.08% | 0.67x | 2.02x | CN¥17.70 Million |
| 2012 | 16.27% | 13.40% | 0.69x | 1.77x | CN¥17.35 Million |
| 2013 | 15.93% | 14.17% | 0.68x | 1.66x | CN¥19.53 Million |
| 2014 | 21.74% | 20.11% | 0.73x | 1.48x | CN¥49.40 Million |
| 2015 | 16.14% | 21.97% | 0.64x | 1.14x | CN¥55.26 Million |
| 2016 | 13.87% | 32.99% | 0.37x | 1.14x | CN¥58.52 Million |
| 2017 | 9.27% | 25.20% | 0.34x | 1.07x | CN¥-11.83 Million |
| 2018 | 6.70% | 14.73% | 0.43x | 1.06x | CN¥-57.40 Million |
| 2019 | 10.61% | 18.26% | 0.50x | 1.15x | CN¥11.77 Million |
| 2020 | 17.94% | 35.37% | 0.47x | 1.07x | CN¥231.12 Million |
| 2021 | 15.26% | 30.07% | 0.46x | 1.10x | CN¥171.10 Million |
| 2022 | 9.77% | 19.45% | 0.37x | 1.36x | CN¥-8.17 Million |
| 2023 | 6.73% | 21.16% | 0.28x | 1.15x | CN¥-200.05 Million |
| 2024 | 2.87% | 8.78% | 0.30x | 1.10x | CN¥-429.33 Million |
Industry Comparison
This section compares Shandong Laiwu Jinlei Wind Power Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Laiwu Jinlei Wind Power Technology Co Ltd (300443) | CN¥6.31 Billion | 17.63% | 0.11x | $904.50 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |