Jiangsu Daybright Intelligent Electric Co Ltd (300670) - Net Assets
Based on the latest financial reports, Jiangsu Daybright Intelligent Electric Co Ltd (300670) has net assets worth CN¥570.14 Million CNY (≈ $83.43 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¥1.83 Billion ≈ $268.43 Million USD) and total liabilities (CN¥1.26 Billion ≈ $185.00 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 Daybright Intelligent Electric C (300670) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥570.14 Million |
| % of Total Assets | 31.08% |
| Annual Growth Rate | 25.89% |
| 5-Year Change | -36.36% |
| 10-Year Change | 232.01% |
| Growth Volatility | 44.76 |
Jiangsu Daybright Intelligent Electric Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Jiangsu Daybright Intelligent Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300670 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Daybright Intelligent Electric Co Ltd (2012–2024)
The table below shows the annual net assets of Jiangsu Daybright Intelligent Electric Co Ltd from 2012 to 2024. For live valuation and market cap data, see 300670 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥641.05 Million ≈ $93.81 Million |
-12.27% |
| 2023-12-31 | CN¥730.74 Million ≈ $106.93 Million |
-16.75% |
| 2022-12-31 | CN¥877.73 Million ≈ $128.44 Million |
-16.74% |
| 2021-12-31 | CN¥1.05 Billion ≈ $154.26 Million |
+4.65% |
| 2020-12-31 | CN¥1.01 Billion ≈ $147.41 Million |
+8.34% |
| 2019-12-31 | CN¥929.84 Million ≈ $136.06 Million |
+58.20% |
| 2018-12-31 | CN¥587.78 Million ≈ $86.01 Million |
+2.48% |
| 2017-12-31 | CN¥573.58 Million ≈ $83.93 Million |
+131.77% |
| 2016-12-31 | CN¥247.48 Million ≈ $36.21 Million |
+28.17% |
| 2015-12-31 | CN¥193.08 Million ≈ $28.25 Million |
+74.05% |
| 2014-12-31 | CN¥110.94 Million ≈ $16.23 Million |
+52.07% |
| 2013-12-31 | CN¥72.95 Million ≈ $10.67 Million |
+80.35% |
| 2012-12-31 | CN¥40.45 Million ≈ $5.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Daybright Intelligent Electric 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 decreased by 6653.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥316.92 Million | 49.44% |
| Other Comprehensive Income | CN¥30.98 Million | 4.83% |
| Other Components | CN¥322.59 Million | 50.32% |
| Total Equity | CN¥641.05 Million | 100.00% |
Jiangsu Daybright Intelligent Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Daybright Intelligent Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ABC arbitrage SA
PA:ABCA
|
$335.81 Million |
|
Prudential plc
LSE:PRU
|
$335.98 Million |
|
IVF Hartmann Holding AG
SW:VBSN
|
$336.00 Million |
|
Deep Industries Limited
NSE:DEEPINDS
|
$336.07 Million |
|
Modern Avenue Group Co Ltd
SHE:002656
|
$335.73 Million |
|
Astarta Holding N.V.
WAR:AST
|
$335.72 Million |
|
Nanning Sugar Industry Co Ltd
SHE:000911
|
$335.66 Million |
|
Perion Network
TA:PERI
|
$335.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Daybright Intelligent Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 641,628,122 to 641,049,436, a change of -578,686 (-0.1%).
- Net income of 7,935,695 contributed positively to equity growth.
- Dividend payments of 41,981,830 reduced retained earnings.
- Other comprehensive income increased equity by 30,982,981.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥7.94 Million | +1.24% |
| Dividends Paid | CN¥41.98 Million | -6.55% |
| Other Comprehensive Income | CN¥30.98 Million | +4.83% |
| Other Changes | CN¥2.48 Million | +0.39% |
| Total Change | CN¥- | -0.09% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Daybright Intelligent Electric 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: 3.59x
- 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 28.39x to 3.59x 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¥0.26 | CN¥7.24 | x |
| 2013-12-31 | CN¥0.46 | CN¥7.24 | x |
| 2014-12-31 | CN¥0.63 | CN¥7.24 | x |
| 2015-12-31 | CN¥0.98 | CN¥7.24 | x |
| 2016-12-31 | CN¥1.13 | CN¥7.24 | x |
| 2017-12-31 | CN¥2.25 | CN¥7.24 | x |
| 2018-12-31 | CN¥2.01 | CN¥7.24 | x |
| 2019-12-31 | CN¥2.96 | CN¥7.24 | x |
| 2020-12-31 | CN¥2.92 | CN¥7.24 | x |
| 2021-12-31 | CN¥3.03 | CN¥7.24 | x |
| 2022-12-31 | CN¥2.48 | CN¥7.24 | x |
| 2023-12-31 | CN¥2.02 | CN¥7.24 | x |
| 2024-12-31 | CN¥2.02 | CN¥7.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Daybright Intelligent Electric 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): 1.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.35%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.18x
- Recent ROE (1.24%) is below the historical average (6.26%), 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 | 1.16% | 24.15% | 0.04x | 1.28x | CN¥-3.58 Million |
| 2013 | 10.28% | 9.94% | 0.63x | 1.64x | CN¥205.86K |
| 2014 | 34.24% | 14.85% | 1.12x | 2.07x | CN¥26.89 Million |
| 2015 | 25.97% | 18.24% | 0.93x | 1.54x | CN¥30.84 Million |
| 2016 | 21.98% | 17.31% | 0.81x | 1.56x | CN¥29.65 Million |
| 2017 | 9.57% | 16.16% | 0.46x | 1.28x | CN¥-2.44 Million |
| 2018 | 6.09% | 10.07% | 0.45x | 1.35x | CN¥-22.98 Million |
| 2019 | 3.85% | 8.60% | 0.30x | 1.47x | CN¥-53.01 Million |
| 2020 | 6.83% | 11.69% | 0.41x | 1.42x | CN¥-29.35 Million |
| 2021 | 4.36% | 8.15% | 0.40x | 1.32x | CN¥-54.01 Million |
| 2022 | -21.64% | -63.66% | 0.13x | 2.68x | CN¥-248.77 Million |
| 2023 | -22.53% | -32.65% | 0.21x | 3.35x | CN¥-208.73 Million |
| 2024 | 1.24% | 2.35% | 0.17x | 3.18x | CN¥-56.17 Million |
Industry Comparison
This section compares Jiangsu Daybright Intelligent Electric 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: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Daybright Intelligent Electric Co Ltd (300670) | CN¥570.14 Million | 1.16% | 2.22x | $335.76 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Jiangsu Daybright Intelligent Electric Co Ltd
Jiangsu Daybright Intelligent Electric Co.,LTD. engages in the research, product development, production, sale, and service of distribution network equipment in China. It offers sensor transmission products covering electrical status, asset environment data collection and transmission, comprehensive energy data collection, and transmission; wireless communication products, such as low-power trans… Read more