Beijing Jiaoda Signal Technology (300851) - Net Assets
Based on the latest financial reports, Beijing Jiaoda Signal Technology (300851) has net assets worth CN¥1.27 Billion CNY (≈ $186.46 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.42 Billion ≈ $207.76 Million USD) and total liabilities (CN¥145.58 Million ≈ $21.30 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 Beijing Jiaoda Signal Technology liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.27 Billion |
| % of Total Assets | 89.75% |
| Annual Growth Rate | 16.85% |
| 5-Year Change | 11.98% |
| 10-Year Change | N/A |
| Growth Volatility | 37.14 |
Beijing Jiaoda Signal Technology - Net Assets Trend (2016–2024)
This chart illustrates how Beijing Jiaoda Signal Technology's net assets have evolved over time, based on quarterly financial data. Also explore Beijing Jiaoda Signal Technology (300851) total assets for the complete picture of this company's asset base.
Annual Net Assets for Beijing Jiaoda Signal Technology (2016–2024)
The table below shows the annual net assets of Beijing Jiaoda Signal Technology from 2016 to 2024. For live valuation and market cap data, see market value of Beijing Jiaoda Signal Technology.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.30 Billion ≈ $190.16 Million |
+0.78% |
| 2023-12-31 | CN¥1.29 Billion ≈ $188.68 Million |
+4.07% |
| 2022-12-31 | CN¥1.24 Billion ≈ $181.30 Million |
+0.36% |
| 2021-12-31 | CN¥1.23 Billion ≈ $180.66 Million |
+6.38% |
| 2020-12-31 | CN¥1.16 Billion ≈ $169.81 Million |
+116.28% |
| 2019-12-31 | CN¥536.55 Million ≈ $78.51 Million |
+20.69% |
| 2018-12-31 | CN¥444.58 Million ≈ $65.06 Million |
+23.63% |
| 2017-12-31 | CN¥359.61 Million ≈ $52.62 Million |
-3.79% |
| 2016-12-31 | CN¥373.79 Million ≈ $54.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Jiaoda Signal Technology'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 222.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥505.98 Million | 38.97% |
| Other Components | CN¥792.27 Million | 61.03% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Beijing Jiaoda Signal Technology Competitors by Market Cap
The table below lists competitors of Beijing Jiaoda Signal Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercurity Fintech Holding Inc ADR
NASDAQ:MFH
|
$390.29 Million |
|
Calfrac Well Services Ltd.
TO:CFW
|
$390.63 Million |
|
ASTON MART.LA.UADR LS-001
F:A5S0
|
$390.66 Million |
|
Rocket Pharmaceuticals Inc
NASDAQ:RCKT
|
$390.68 Million |
|
Shinhsiung Natural Gas
TWO:8908
|
$390.26 Million |
|
Enity
ST:ENITY
|
$390.11 Million |
|
Vinh Son Song Hinh Hydropower JSC
VN:VSH
|
$390.00 Million |
|
GEM Services Inc
TW:6525
|
$389.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Jiaoda Signal Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,288,786,919 to 1,298,250,137, a change of 9,463,218 (0.7%).
- Net income of 48,583,248 contributed positively to equity growth.
- Dividend payments of 39,120,030 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥48.58 Million | +3.74% |
| Dividends Paid | CN¥39.12 Million | -3.01% |
| Other Changes | CN¥0.00 | +0.0% |
| Total Change | CN¥- | 0.73% |
Book Value vs Market Value Analysis
This analysis compares Beijing Jiaoda Signal Technology'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: 2.05x
- 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 5.56x to 2.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥5.52 | CN¥30.68 | x |
| 2018-12-31 | CN¥6.82 | CN¥30.68 | x |
| 2019-12-31 | CN¥8.23 | CN¥30.68 | x |
| 2020-12-31 | CN¥13.35 | CN¥30.68 | x |
| 2021-12-31 | CN¥14.15 | CN¥30.68 | x |
| 2022-12-31 | CN¥14.23 | CN¥30.68 | x |
| 2023-12-31 | CN¥14.82 | CN¥30.68 | x |
| 2024-12-31 | CN¥14.93 | CN¥30.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Jiaoda Signal Technology 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): 3.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.40%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.11x
- Recent ROE (3.74%) is below the historical average (13.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.85% | 32.22% | 0.50x | 1.29x | CN¥40.54 Million |
| 2017 | 23.80% | 35.37% | 0.49x | 1.37x | CN¥49.61 Million |
| 2018 | 23.95% | 34.91% | 0.56x | 1.22x | CN¥62.03 Million |
| 2019 | 22.12% | 34.49% | 0.52x | 1.22x | CN¥65.05 Million |
| 2020 | 10.39% | 33.61% | 0.27x | 1.12x | CN¥4.58 Million |
| 2021 | 7.88% | 26.76% | 0.26x | 1.13x | CN¥-26.07 Million |
| 2022 | 2.99% | 12.63% | 0.22x | 1.10x | CN¥-86.67 Million |
| 2023 | 6.59% | 23.62% | 0.25x | 1.11x | CN¥-43.92 Million |
| 2024 | 3.74% | 14.40% | 0.23x | 1.11x | CN¥-81.24 Million |
Industry Comparison
This section compares Beijing Jiaoda Signal Technology's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,287,850,313
- Average return on equity (ROE) among peers: 4.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Jiaoda Signal Technology (300851) | CN¥1.27 Billion | 20.85% | 0.11x | $390.28 Million |
| China High-Speed Railway Technology (000008) | $-32.69 Million | 0.00% | 0.00x | $1.07 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $55.69 Million | 0.00% | 1.83x | $532.07 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-828.52 Million | 0.00% | 0.00x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $2.05 Billion | 9.63% | 0.36x | $796.72 Million |
| China Railway Materials Co Ltd (000927) | $3.63 Billion | 8.25% | 1.50x | $2.49 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.50 Billion | 4.69% | 0.21x | $644.19 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.39 Billion | 4.99% | 0.88x | $537.64 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $617.25 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.18 Billion | 10.87% | 0.36x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $2.48 Billion | 0.61% | 1.32x | $1.17 Billion |
About Beijing Jiaoda Signal Technology
Beijing Jiaoda Signal Technology Co., Ltd. engages in research and development, design, production, sales, and technical support of key equipment for rail transit train operation control systems in China. The company offers locomotive signal CPU components, transponder systems, and track circuit readers. It also provides locomotive signal on-board system equipment; track circuit reader; early war… Read more