Jiangxi Sanxin Medtec Co Ltd

SHE:300453 China Medical Instruments & Supplies
Market Cap
$724.36 Million
CN¥5.31 Billion CNY
Market Cap Rank
#10917 Global
#2501 in China
Share Price
CN¥10.18
Change (1 day)
+5.60%
52-Week Range
CN¥7.32 - CN¥11.10
All Time High
CN¥901119.83
About

Jiangxi Sanxin Medtec Co.,Ltd. engages in the research and development, manufacture, sale, and service of medical devices. The company offers infusion and cardiothoracic surgery products; and blood purification products, such as dialysate filter, dialysis indwelling needle, disposable biological protein glue dispenser, dialysis fluid filter, continuous blood purification pipeline and accessories,… Read more

Jiangxi Sanxin Medtec Co Ltd (300453) - Net Assets

Latest net assets as of September 2025: CN¥1.48 Billion CNY

Based on the latest financial reports, Jiangxi Sanxin Medtec Co Ltd (300453) has net assets worth CN¥1.48 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¥2.31 Billion) and total liabilities (CN¥833.14 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¥1.48 Billion
% of Total Assets 63.93%
Annual Growth Rate 20.67%
5-Year Change 66.66%
10-Year Change 164.85%
Growth Volatility 27.21

Jiangxi Sanxin Medtec Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Jiangxi Sanxin Medtec 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 Jiangxi Sanxin Medtec Co Ltd (2011–2024)

The table below shows the annual net assets of Jiangxi Sanxin Medtec Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.41 Billion +5.60%
2023-12-31 CN¥1.33 Billion +15.45%
2022-12-31 CN¥1.16 Billion +18.04%
2021-12-31 CN¥978.79 Million +15.80%
2020-12-31 CN¥845.23 Million +17.72%
2019-12-31 CN¥718.02 Million +17.65%
2018-12-31 CN¥610.32 Million +4.90%
2017-12-31 CN¥581.81 Million +5.28%
2016-12-31 CN¥552.62 Million +3.90%
2015-12-31 CN¥531.87 Million +112.52%
2014-12-31 CN¥250.27 Million +20.55%
2013-12-31 CN¥207.61 Million +30.60%
2012-12-31 CN¥158.96 Million +29.85%
2011-12-31 CN¥122.42 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangxi Sanxin Medtec 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 2612.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥649.98 Million 49.09%
Common Stock CN¥522.40 Million 39.45%
Other Comprehensive Income CN¥131.33 Million 9.92%
Other Components CN¥20.36 Million 1.54%
Total Equity CN¥1.32 Billion 100.00%

Jiangxi Sanxin Medtec Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangxi Sanxin Medtec Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangxi Sanxin Medtec Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,246,427,038 to 1,324,065,860, a change of 77,638,822 (6.2%).
  • Net income of 227,404,091 contributed positively to equity growth.
  • Dividend payments of 131,989,411 reduced retained earnings.
  • Share repurchases of 43,452,867 reduced equity.
  • Other comprehensive income increased equity by 17,748,647.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥227.40 Million +17.17%
Dividends Paid CN¥131.99 Million -9.97%
Share Repurchases CN¥43.45 Million -3.28%
Other Comprehensive Income CN¥17.75 Million +1.34%
Other Changes CN¥7.93 Million +0.6%
Total Change CN¥- 6.23%

Book Value vs Market Value Analysis

This analysis compares Jiangxi Sanxin Medtec 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: 3.93x
  • 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 30.81x to 3.93x 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¥0.33 CN¥10.18 x
2012-12-31 CN¥0.41 CN¥10.18 x
2013-12-31 CN¥0.53 CN¥10.18 x
2014-12-31 CN¥0.64 CN¥10.18 x
2015-12-31 CN¥1.06 CN¥10.18 x
2016-12-31 CN¥1.06 CN¥10.18 x
2017-12-31 CN¥1.13 CN¥10.18 x
2018-12-31 CN¥1.15 CN¥10.18 x
2019-12-31 CN¥1.28 CN¥10.18 x
2020-12-31 CN¥1.52 CN¥10.18 x
2021-12-31 CN¥1.76 CN¥10.18 x
2022-12-31 CN¥2.08 CN¥10.18 x
2023-12-31 CN¥2.40 CN¥10.18 x
2024-12-31 CN¥2.59 CN¥10.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangxi Sanxin Medtec 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): 17.17%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.16%
  • • Asset Turnover: 0.68x
  • • Equity Multiplier: 1.68x
  • Recent ROE (17.17%) is above the historical average (16.00%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 28.61% 15.89% 1.10x 1.63x CN¥22.78 Million
2012 30.01% 17.01% 1.05x 1.68x CN¥31.80 Million
2013 23.43% 15.96% 0.92x 1.59x CN¥27.88 Million
2014 19.43% 15.09% 0.84x 1.52x CN¥23.59 Million
2015 9.75% 16.64% 0.53x 1.11x CN¥-1.31 Million
2016 6.63% 11.52% 0.51x 1.13x CN¥-18.65 Million
2017 7.32% 10.50% 0.60x 1.16x CN¥-15.52 Million
2018 6.79% 7.74% 0.64x 1.37x CN¥-19.46 Million
2019 9.22% 8.55% 0.63x 1.71x CN¥-5.23 Million
2020 14.73% 12.30% 0.76x 1.59x CN¥37.11 Million
2021 17.22% 13.39% 0.83x 1.55x CN¥65.36 Million
2022 17.16% 13.82% 0.75x 1.66x CN¥77.02 Million
2023 16.58% 15.89% 0.64x 1.63x CN¥81.99 Million
2024 17.17% 15.16% 0.68x 1.68x CN¥95.00 Million

Industry Comparison

This section compares Jiangxi Sanxin Medtec Co Ltd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.

Industry Context

  • Industry: Medical Instruments & Supplies
  • Average net assets among peers: $2,339,628,171
  • Average return on equity (ROE) among peers: 11.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangxi Sanxin Medtec Co Ltd (300453) CN¥1.48 Billion 28.61% 0.56x $438.45 Million
Beijing Centergate Technologies Holding Co Ltd (000931) $2.03 Billion -9.26% 2.64x $356.80 Million
Blue Sail Medical Co Ltd (002382) $10.54 Billion 10.97% 0.61x $760.18 Million
Andon Health Co Ltd (002432) $758.75 Million 1.34% 0.32x $2.33 Billion
Allmed Medical Products Co Ltd Class A (002950) $2.75 Billion 15.67% 0.82x $360.97 Million
Guangzhou Improve Med Instrument (300030) $592.55 Million 4.90% 0.10x $242.74 Million
Shanghai Tofflon Science Tech (300171) $2.41 Billion 11.06% 0.57x $802.27 Million
Truking Technology Ltd (300358) $320.32 Million 29.77% 1.35x $556.14 Million
Shenyang Xingqi Pharmaceutical Co Ltd (300573) $1.55 Billion 13.64% 0.15x $1.61 Billion
Autek China Inc (300595) $105.24 Million 28.59% 0.10x $1.21 Billion