Jiangsu Jinling Sports Equipment Co Ltd (300651) - Net Assets
Based on the latest financial reports, Jiangsu Jinling Sports Equipment Co Ltd (300651) has net assets worth CN¥1.11 Billion CNY (≈ $161.80 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.35 Billion ≈ $197.59 Million USD) and total liabilities (CN¥244.55 Million ≈ $35.78 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 balance sheet size of Jiangsu Jinling Sports Equipment Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.11 Billion |
| % of Total Assets | 81.89% |
| Annual Growth Rate | 17.09% |
| 5-Year Change | 48.92% |
| 10-Year Change | 223.32% |
| Growth Volatility | 22.66 |
Jiangsu Jinling Sports Equipment Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Jiangsu Jinling Sports Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Jiangsu Jinling Sports Equipment Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jiangsu Jinling Sports Equipment Co Ltd (2012–2025)
The table below shows the annual net assets of Jiangsu Jinling Sports Equipment Co Ltd from 2012 to 2025. For live valuation and market cap data, see how much is Jiangsu Jinling Sports Equipment Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.12 Billion ≈ $163.91 Million |
+33.75% |
| 2024-12-31 | CN¥837.51 Million ≈ $122.55 Million |
+0.84% |
| 2023-12-31 | CN¥830.54 Million ≈ $121.53 Million |
+5.71% |
| 2022-12-31 | CN¥785.64 Million ≈ $114.96 Million |
+4.45% |
| 2021-12-31 | CN¥752.21 Million ≈ $110.07 Million |
+8.31% |
| 2020-12-31 | CN¥694.52 Million ≈ $101.63 Million |
+3.24% |
| 2019-12-31 | CN¥672.75 Million ≈ $98.44 Million |
+3.61% |
| 2018-12-31 | CN¥649.28 Million ≈ $95.01 Million |
+6.01% |
| 2017-12-31 | CN¥612.48 Million ≈ $89.63 Million |
+76.79% |
| 2016-12-31 | CN¥346.45 Million ≈ $50.70 Million |
+11.22% |
| 2015-12-31 | CN¥311.50 Million ≈ $45.58 Million |
+16.51% |
| 2014-12-31 | CN¥267.36 Million ≈ $39.12 Million |
+58.52% |
| 2013-12-31 | CN¥168.66 Million ≈ $24.68 Million |
+17.09% |
| 2012-12-31 | CN¥144.04 Million ≈ $21.08 Million |
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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 337.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥439.76 Million | 39.70% |
| Other Components | CN¥667.93 Million | 60.30% |
| Total Equity | CN¥1.11 Billion | 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 |
|---|---|
|
Jiangsu Tongda Power Technology Co Ltd
SHE:002576
|
$357.07 Million |
|
Polisan Holding AS
IS:POLHO
|
$357.10 Million |
|
Century Therapeutics Inc
NASDAQ:IPSC
|
$357.10 Million |
|
Ãlgerðin Egill SkallagrÃmsson hf.
IC:OLGERD
|
$357.19 Million |
|
Lanner Electronics
TWO:6245
|
$357.05 Million |
|
Ningbo Lehui International Engineering Equipment Co Ltd Class A
SHG:603076
|
$356.96 Million |
|
Hansa Biopharma AB
ST:HNSA
|
$356.95 Million |
|
Moso Power Supply Technology Co Ltd
SHE:002660
|
$356.95 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 2024 to 2025, total equity changed from 822,645,332 to 1,107,687,784, a change of 285,042,452 (34.6%).
- Net income of 60,850,966 contributed positively to equity growth.
- Dividend payments of 26,733,378 reduced retained earnings.
- Other comprehensive income decreased equity by 93,027,373.
- Other factors increased equity by 343,952,237.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥60.85 Million | +5.49% |
| Dividends Paid | CN¥26.73 Million | -2.41% |
| Other Comprehensive Income | CN¥-93.03 Million | -8.4% |
| Other Changes | CN¥343.95 Million | +31.05% |
| Total Change | CN¥- | 34.65% |
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: 2.20x
- 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 10.43x to 2.20x 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¥17.28 | x |
| 2013-12-31 | CN¥1.94 | CN¥17.28 | x |
| 2014-12-31 | CN¥3.02 | CN¥17.28 | x |
| 2015-12-31 | CN¥3.23 | CN¥17.28 | x |
| 2016-12-31 | CN¥3.59 | CN¥17.28 | x |
| 2017-12-31 | CN¥5.19 | CN¥17.28 | x |
| 2018-12-31 | CN¥5.03 | CN¥17.28 | x |
| 2019-12-31 | CN¥5.20 | CN¥17.28 | x |
| 2020-12-31 | CN¥5.33 | CN¥17.28 | x |
| 2021-12-31 | CN¥5.68 | CN¥17.28 | x |
| 2022-12-31 | CN¥5.97 | CN¥17.28 | x |
| 2023-12-31 | CN¥6.39 | CN¥17.28 | x |
| 2024-12-31 | CN¥6.46 | CN¥17.28 | x |
| 2025-12-31 | CN¥7.84 | CN¥17.28 | 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): 5.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.55%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.24x
- Recent ROE (5.49%) is below the historical average (8.27%), 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 |
| 2025 | 5.49% | 14.55% | 0.30x | 1.24x | CN¥-49.92 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: $1,261,476,462
- Average return on equity (ROE) among peers: 11.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Jinling Sports Equipment Co Ltd (300651) | CN¥1.11 Billion | 7.40% | 0.22x | $357.06 Million |
| China Bicycle Co Holdings Ltd (000017) | $17.28 Million | 15.07% | 2.13x | $389.62 Million |
| HL Corp Shenzhen (002105) | $983.84 Million | 2.21% | 0.72x | $293.69 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.13 Billion | 7.88% | 0.07x | $1.39 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $907.61 Million | 1.41% | 0.02x | $462.79 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.57 Billion | 21.95% | 0.92x | $1.16 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $4.47 Billion | 1.44% | 0.70x | $438.11 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $1.81 Billion | 10.88% | 0.26x | $884.50 Million |
| Shifeng Cultural Development Co Ltd (002862) | $569.63 Million | 1.45% | 0.14x | $326.23 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $433.98 Million | 19.63% | 0.60x | $414.60 Million |
| China Bicycle Co Holdings Ltd (200017) | $731.35 Million | 29.56% | 1.98x | $53.42 Million |
About 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