Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd (300617) - Net Assets
Based on the latest financial reports, Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd (300617) has net assets worth CN¥2.96 Billion CNY (≈ $432.90 Million 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¥3.82 Billion ≈ $558.98 Million USD) and total liabilities (CN¥861.58 Million ≈ $126.08 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. Check Jiangsu Ankura Smart Transmission Engine asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.96 Billion |
| % of Total Assets | 77.45% |
| Annual Growth Rate | 24.17% |
| 5-Year Change | 211.74% |
| 10-Year Change | 803.64% |
| Growth Volatility | 52.41 |
Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Ankura Smart Transmission Engine (300617) total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see Jiangsu Ankura Smart Transmission Engine market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.90 Billion ≈ $423.96 Million |
+5.62% |
| 2023-12-31 | CN¥2.74 Billion ≈ $401.39 Million |
+8.08% |
| 2022-12-31 | CN¥2.54 Billion ≈ $371.39 Million |
-1.84% |
| 2021-12-31 | CN¥2.59 Billion ≈ $378.34 Million |
+178.19% |
| 2020-12-31 | CN¥929.39 Million ≈ $136.00 Million |
+12.17% |
| 2019-12-31 | CN¥828.52 Million ≈ $121.24 Million |
-3.26% |
| 2018-12-31 | CN¥856.43 Million ≈ $125.32 Million |
+5.22% |
| 2017-12-31 | CN¥813.93 Million ≈ $119.10 Million |
+106.95% |
| 2016-12-31 | CN¥393.29 Million ≈ $57.55 Million |
+22.66% |
| 2015-12-31 | CN¥320.62 Million ≈ $46.92 Million |
+24.82% |
| 2014-12-31 | CN¥256.88 Million ≈ $37.59 Million |
+13.37% |
| 2013-12-31 | CN¥226.58 Million ≈ $33.16 Million |
+5.08% |
| 2012-12-31 | CN¥215.63 Million ≈ $31.55 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Ankura Smart Transmission Engineering 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 1507.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥928.96 Million | 32.26% |
| Common Stock | CN¥167.36 Million | 5.81% |
| Other Components | CN¥1.78 Billion | 61.93% |
| Total Equity | CN¥2.88 Billion | 100.00% |
Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai SMI Holding Co Ltd
SHG:600649
|
$1.59 Billion |
|
Hangzhou Honghua Digital Technology Stock Company LTD
SHG:688789
|
$1.59 Billion |
|
Xinhua Winshare Publishing and Media Co Ltd
SHG:601811
|
$1.59 Billion |
|
Taiwan Secom Co Ltd
TW:9917
|
$1.59 Billion |
|
Telecom Argentina
BA:TECO2
|
$1.59 Billion |
|
Caisse Regionale de Credit Agricole Mutuel du Languedoc
PA:CRLA
|
$1.59 Billion |
|
Lontium Semiconductor Corp. A
SHG:688486
|
$1.59 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
$1.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,727,658,054 to 2,879,764,077, a change of 152,106,023 (5.6%).
- Net income of 183,360,451 contributed positively to equity growth.
- Dividend payments of 37,032,960 reduced retained earnings.
- Share repurchases of 6,238,504 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥183.36 Million | +6.37% |
| Dividends Paid | CN¥37.03 Million | -1.29% |
| Share Repurchases | CN¥6.24 Million | -0.22% |
| Other Changes | CN¥12.02 Million | +0.42% |
| Total Change | CN¥- | 5.58% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Ankura Smart Transmission Engineering 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: 3.76x
- 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 29.84x to 3.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.20 | CN¥65.74 | x |
| 2013-12-31 | CN¥2.30 | CN¥65.74 | x |
| 2014-12-31 | CN¥2.62 | CN¥65.74 | x |
| 2015-12-31 | CN¥3.29 | CN¥65.74 | x |
| 2016-12-31 | CN¥4.02 | CN¥65.74 | x |
| 2017-12-31 | CN¥6.39 | CN¥65.74 | x |
| 2018-12-31 | CN¥6.55 | CN¥65.74 | x |
| 2019-12-31 | CN¥6.50 | CN¥65.74 | x |
| 2020-12-31 | CN¥7.31 | CN¥65.74 | x |
| 2021-12-31 | CN¥17.41 | CN¥65.74 | x |
| 2022-12-31 | CN¥15.40 | CN¥65.74 | x |
| 2023-12-31 | CN¥16.68 | CN¥65.74 | x |
| 2024-12-31 | CN¥17.49 | CN¥65.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Ankura Smart Transmission Engineering 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): 6.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.90%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.26x
- Recent ROE (6.37%) is below the historical average (12.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 24.21% | 26.97% | 0.50x | 1.81x | CN¥30.64 Million |
| 2013 | 15.85% | 20.65% | 0.43x | 1.78x | CN¥13.18 Million |
| 2014 | 19.77% | 16.98% | 0.61x | 1.91x | CN¥25.02 Million |
| 2015 | 19.94% | 23.52% | 0.51x | 1.68x | CN¥31.80 Million |
| 2016 | 18.50% | 22.41% | 0.53x | 1.56x | CN¥33.35 Million |
| 2017 | 9.82% | 22.19% | 0.35x | 1.25x | CN¥-1.48 Million |
| 2018 | 8.81% | 23.52% | 0.30x | 1.24x | CN¥-10.20 Million |
| 2019 | 7.70% | 20.00% | 0.30x | 1.27x | CN¥-18.98 Million |
| 2020 | 14.32% | 25.03% | 0.45x | 1.28x | CN¥39.92 Million |
| 2021 | 7.76% | 24.80% | 0.26x | 1.21x | CN¥-57.82 Million |
| 2022 | 6.01% | 19.59% | 0.23x | 1.36x | CN¥-100.64 Million |
| 2023 | 7.38% | 20.99% | 0.28x | 1.27x | CN¥-71.59 Million |
| 2024 | 6.37% | 16.90% | 0.30x | 1.26x | CN¥-104.62 Million |
Industry Comparison
This section compares Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,627,273,163
- Average return on equity (ROE) among peers: 11.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd (300617) | CN¥2.96 Billion | 24.21% | 0.29x | $1.59 Billion |
| XJ Electric Co Ltd (000400) | $1.62 Billion | 9.34% | 0.70x | $3.94 Billion |
| Guangdong Macro Co Ltd (000533) | $1.45 Billion | 10.70% | 1.25x | $1.36 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.04 Billion |
| Dongfang Electronics Co Ltd (000682) | $411.24 Million | 32.62% | 0.36x | $2.64 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.42 Billion | 8.15% | 0.96x | $1.05 Billion |
| Huagong Tech Co Ltd (000988) | $773.02 Million | 4.54% | 0.79x | $20.11 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $775.82 Million | 9.79% | 0.91x | $1.92 Billion |
| Sieyuan Electric Co Ltd (002028) | $6.71 Billion | 13.91% | 0.65x | $22.64 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $555.84 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $9.88 Billion |
About Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd
Jiangsu Ankura Intelligent Electric Co., Ltd. engages in providing smart power transmission and transformation system solutions in China. It provides high-voltage and ultra-high-voltage cable accessories, Gas Injection Line (GIL) systems, smart modular substations, and related products. The company offers cable junction boxes & switch cabinets, prefabricated cable accessories, heat and cold shrin… Read more