Jiangsu Jinling Sports Equipment Co Ltd
Jiangsu Jinling Sports Equipment Co.,Ltd. researches, develops, manufactures, and sells sports equipment in China and internationally. The company offers sports equipment for basketball, football, volleyball, track and field, tennis, billiard, swimming, gymnastics, badminton, table tennis, handball and hockey, fitness, weightlifting, wrestling and judo, and fencing and boxing equipment, as well a… Read more
Jiangsu Jinling Sports Equipment Co Ltd (300651) - Net Assets
Latest net assets as of September 2025: CN¥1.09 Billion CNY
Based on the latest financial reports, Jiangsu Jinling Sports Equipment Co Ltd (300651) has net assets worth CN¥1.09 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¥1.35 Billion) and total liabilities (CN¥251.67 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¥1.09 Billion |
| % of Total Assets | 81.29% |
| Annual Growth Rate | 15.8% |
| 5-Year Change | 20.59% |
| 10-Year Change | 168.86% |
| Growth Volatility | 23.16 |
Jiangsu Jinling Sports Equipment Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Jiangsu Jinling Sports Equipment 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 Jiangsu Jinling Sports Equipment Co Ltd (2012–2024)
The table below shows the annual net assets of Jiangsu Jinling Sports Equipment Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥837.51 Million | +0.84% |
| 2023-12-31 | CN¥830.54 Million | +5.71% |
| 2022-12-31 | CN¥785.64 Million | +4.45% |
| 2021-12-31 | CN¥752.21 Million | +8.31% |
| 2020-12-31 | CN¥694.52 Million | +3.24% |
| 2019-12-31 | CN¥672.75 Million | +3.61% |
| 2018-12-31 | CN¥649.28 Million | +6.01% |
| 2017-12-31 | CN¥612.48 Million | +76.79% |
| 2016-12-31 | CN¥346.45 Million | +11.22% |
| 2015-12-31 | CN¥311.50 Million | +16.51% |
| 2014-12-31 | CN¥267.36 Million | +58.52% |
| 2013-12-31 | CN¥168.66 Million | +17.09% |
| 2012-12-31 | CN¥144.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Jinling Sports Equipment 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 302.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥404.24 Million | 49.14% |
| Common Stock | CN¥128.75 Million | 15.65% |
| Other Comprehensive Income | CN¥93.03 Million | 11.31% |
| Other Components | CN¥196.63 Million | 23.90% |
| Total Equity | CN¥822.65 Million | 100.00% |
Jiangsu Jinling Sports Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Jinling Sports Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT. Indika Energy Tbk
F:I41
|
$258.08 Million |
|
Rejlers AB (publ)
ST:REJL-B
|
$258.20 Million |
|
Cohen Circle Acquisition Corp. I
NASDAQ:CCIRU
|
$258.23 Million |
|
Jumbo Interactive Ltd
AU:JIN
|
$258.31 Million |
|
Design Therapeutics Inc
NASDAQ:DSGN
|
$257.69 Million |
|
5N Plus Inc
PINK:FPLSF
|
$257.67 Million |
|
Guangzhou Jiacheng
SHG:603535
|
$257.65 Million |
|
FibraHotel
MX:FIHO12
|
$257.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Jinling Sports Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 815,054,722 to 822,645,332, a change of 7,590,610 (0.9%).
- Net income of 26,761,144 contributed positively to equity growth.
- Dividend payments of 23,076,980 reduced retained earnings.
- Other comprehensive income increased equity by 56,935,653.
- Other factors decreased equity by 53,029,207.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.76 Million | +3.25% |
| Dividends Paid | CN¥23.08 Million | -2.81% |
| Other Comprehensive Income | CN¥56.94 Million | +6.92% |
| Other Changes | CN¥-53.03 Million | -6.45% |
| Total Change | CN¥- | 0.93% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Jinling Sports Equipment 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: 4.33x
- 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 16.70x to 4.33x 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¥1.66 | CN¥27.65 | x |
| 2013-12-31 | CN¥1.94 | CN¥27.65 | x |
| 2014-12-31 | CN¥3.02 | CN¥27.65 | x |
| 2015-12-31 | CN¥2.42 | CN¥27.65 | x |
| 2016-12-31 | CN¥3.59 | CN¥27.65 | x |
| 2017-12-31 | CN¥5.19 | CN¥27.65 | x |
| 2018-12-31 | CN¥5.03 | CN¥27.65 | x |
| 2019-12-31 | CN¥5.20 | CN¥27.65 | x |
| 2020-12-31 | CN¥5.33 | CN¥27.65 | x |
| 2021-12-31 | CN¥5.74 | CN¥27.65 | x |
| 2022-12-31 | CN¥5.95 | CN¥27.65 | x |
| 2023-12-31 | CN¥6.39 | CN¥27.65 | x |
| 2024-12-31 | CN¥6.39 | CN¥27.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Jinling Sports Equipment 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): 3.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.16%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.58x
- Recent ROE (3.25%) is below the historical average (8.49%), 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 | 7.40% | 4.92% | 0.65x | 2.31x | CN¥-3.75 Million |
| 2013 | 13.65% | 7.58% | 0.72x | 2.52x | CN¥6.16 Million |
| 2014 | 18.28% | 14.22% | 0.71x | 1.81x | CN¥22.13 Million |
| 2015 | 14.17% | 13.64% | 0.73x | 1.41x | CN¥12.99 Million |
| 2016 | 13.37% | 14.04% | 0.67x | 1.41x | CN¥11.67 Million |
| 2017 | 7.16% | 13.07% | 0.40x | 1.38x | CN¥-17.37 Million |
| 2018 | 5.46% | 7.80% | 0.49x | 1.42x | CN¥-29.38 Million |
| 2019 | 6.35% | 8.51% | 0.56x | 1.33x | CN¥-24.42 Million |
| 2020 | 4.38% | 6.70% | 0.46x | 1.43x | CN¥-38.55 Million |
| 2021 | 3.52% | 4.76% | 0.44x | 1.69x | CN¥-47.89 Million |
| 2022 | 5.03% | 8.11% | 0.37x | 1.67x | CN¥-38.08 Million |
| 2023 | 8.30% | 13.16% | 0.39x | 1.61x | CN¥-13.89 Million |
| 2024 | 3.25% | 7.16% | 0.29x | 1.58x | CN¥-55.50 Million |
Industry Comparison
This section compares Jiangsu Jinling Sports Equipment Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $780,869,385
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Jinling Sports Equipment Co Ltd (300651) | CN¥1.09 Billion | 7.40% | 0.23x | $257.79 Million |
| China Bicycle Co Holdings Ltd (000017) | $-1.76 Billion | 0.00% | 0.00x | $399.65 Million |
| Sportsoul Co. Ltd. A (001300) | $1.06 Billion | 2.11% | 0.25x | $179.80 Million |
| HL Corp Shenzhen (002105) | $567.28 Million | 4.46% | 1.51x | $173.11 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.12 Billion | 5.75% | 0.06x | $627.40 Million |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $533.55 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.06 Billion | 8.95% | 0.37x | $695.43 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $217.49 Million | 21.16% | 1.94x | $334.52 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.73 Billion | 0.16% | 0.22x | $191.51 Million |
| Shifeng Cultural Development Co Ltd (002862) | $569.17 Million | 5.62% | 0.07x | $192.82 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $361.39 Million | 21.08% | 0.71x | $407.33 Million |