Jiangsu Toland Alloy Co Ltd
Jiangsu ToLand Alloy Co.,Ltd engages in the research, development, production, and sale of high temperature alloys, special stainless steels, and other high-performance alloy materials and relevant products in the People's Republic of China and internationally. The company offers casting master alloys and investment casting products; deforming superalloys comprising round and non-circular wires, … Read more
Jiangsu Toland Alloy Co Ltd (300855) - Net Assets
Latest net assets as of September 2025: CN¥1.97 Billion CNY
Based on the latest financial reports, Jiangsu Toland Alloy Co Ltd (300855) has net assets worth CN¥1.97 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¥2.86 Billion) and total liabilities (CN¥888.29 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¥1.97 Billion |
| % of Total Assets | 68.94% |
| Annual Growth Rate | 23.1% |
| 5-Year Change | 83.3% |
| 10-Year Change | 729.58% |
| Growth Volatility | 30.62 |
Jiangsu Toland Alloy Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Jiangsu Toland Alloy 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 Toland Alloy Co Ltd (2013–2024)
The table below shows the annual net assets of Jiangsu Toland Alloy Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.94 Billion | +6.38% |
| 2023-12-31 | CN¥1.83 Billion | +22.86% |
| 2022-12-31 | CN¥1.49 Billion | +21.39% |
| 2021-12-31 | CN¥1.23 Billion | +15.54% |
| 2020-12-31 | CN¥1.06 Billion | +118.70% |
| 2019-12-31 | CN¥485.16 Million | +21.35% |
| 2018-12-31 | CN¥399.80 Million | +36.89% |
| 2017-12-31 | CN¥292.07 Million | +17.24% |
| 2016-12-31 | CN¥249.11 Million | +6.26% |
| 2015-12-31 | CN¥234.45 Million | +7.45% |
| 2014-12-31 | CN¥218.19 Million | +10.32% |
| 2013-12-31 | CN¥197.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Toland Alloy 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 1637.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥914.68 Million | 47.03% |
| Common Stock | CN¥395.53 Million | 20.34% |
| Other Comprehensive Income | CN¥145.19 Million | 7.47% |
| Other Components | CN¥489.53 Million | 25.17% |
| Total Equity | CN¥1.94 Billion | 100.00% |
Jiangsu Toland Alloy Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Toland Alloy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Befar Group Co Ltd
SHG:601678
|
$1.12 Billion |
|
SpareBank 1 Østlandet
OL:SPOL
|
$1.12 Billion |
|
AnaptysBio Inc
NASDAQ:ANAB
|
$1.12 Billion |
|
Jiangsu Lopal Tech Co Ltd
SHG:603906
|
$1.12 Billion |
|
Fraser Neave Holdings Bhd
KLSE:3689
|
$1.12 Billion |
|
Hongbo Co Ltd
SHE:002229
|
$1.12 Billion |
|
Aksa Akrilik Kimya Sanayi AS
IS:AKSA
|
$1.12 Billion |
|
Oppein Home Group Inc
SHG:603833
|
$1.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Toland Alloy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,828,328,458 to 1,944,933,180, a change of 116,604,722 (6.4%).
- Net income of 267,004,367 contributed positively to equity growth.
- Dividend payments of 161,758,067 reduced retained earnings.
- Other comprehensive income increased equity by 143,724,225.
- Other factors decreased equity by 132,365,803.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥267.00 Million | +13.73% |
| Dividends Paid | CN¥161.76 Million | -8.32% |
| Other Comprehensive Income | CN¥143.72 Million | +7.39% |
| Other Changes | CN¥-132.37 Million | -6.81% |
| Total Change | CN¥- | 6.38% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Toland Alloy 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: 7.97x
- 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 25.84x to 7.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.53 | CN¥39.47 | x |
| 2014-12-31 | CN¥1.69 | CN¥39.47 | x |
| 2015-12-31 | CN¥1.70 | CN¥39.47 | x |
| 2016-12-31 | CN¥0.92 | CN¥39.47 | x |
| 2017-12-31 | CN¥1.10 | CN¥39.47 | x |
| 2018-12-31 | CN¥1.38 | CN¥39.47 | x |
| 2019-12-31 | CN¥1.24 | CN¥39.47 | x |
| 2020-12-31 | CN¥2.72 | CN¥39.47 | x |
| 2021-12-31 | CN¥3.12 | CN¥39.47 | x |
| 2022-12-31 | CN¥3.77 | CN¥39.47 | x |
| 2023-12-31 | CN¥4.65 | CN¥39.47 | x |
| 2024-12-31 | CN¥4.95 | CN¥39.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Toland Alloy 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): 13.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.23%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.20x
- Recent ROE (13.73%) is above the historical average (12.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.51% | 4.35% | 0.44x | 2.86x | CN¥-8.88 Million |
| 2014 | 2.86% | 2.07% | 0.50x | 2.76x | CN¥-15.59 Million |
| 2015 | 3.52% | 2.62% | 0.58x | 2.33x | CN¥-15.18 Million |
| 2016 | 6.15% | 4.99% | 0.55x | 2.24x | CN¥-9.60 Million |
| 2017 | 14.41% | 12.20% | 0.64x | 1.84x | CN¥12.87 Million |
| 2018 | 18.56% | 17.10% | 0.76x | 1.44x | CN¥34.23 Million |
| 2019 | 21.01% | 21.06% | 0.78x | 1.29x | CN¥53.43 Million |
| 2020 | 10.28% | 19.97% | 0.49x | 1.04x | CN¥2.98 Million |
| 2021 | 14.79% | 25.98% | 0.51x | 1.12x | CN¥58.74 Million |
| 2022 | 17.12% | 24.68% | 0.55x | 1.27x | CN¥105.99 Million |
| 2023 | 18.07% | 23.86% | 0.63x | 1.20x | CN¥147.49 Million |
| 2024 | 13.73% | 21.23% | 0.54x | 1.20x | CN¥72.51 Million |
Industry Comparison
This section compares Jiangsu Toland Alloy Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $7,364,990,323
- Average return on equity (ROE) among peers: 12.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Toland Alloy Co Ltd (300855) | CN¥1.97 Billion | 5.51% | 0.45x | $1.12 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $28.39 Billion | 21.25% | 1.73x | $1.81 Billion |
| Sgis Songshan Co Ltd (000717) | $327.09 Million | 52.31% | 0.75x | $413.87 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $28.18 Billion | 0.59% | 0.89x | $1.51 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $3.37 Billion | 8.80% | 0.69x | $1.33 Billion |
| Jiangsu Fasten Co Ltd (000890) | $654.28 Million | -22.20% | 10.49x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $5.09 Billion | 10.03% | 0.24x | $1.18 Billion |
| Hunan Valin Steel Co Ltd (000932) | $2.77 Billion | 11.22% | 0.71x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $2.57 Billion | 23.68% | 2.11x | $921.92 Million |
| Sansteel MinGuang Co Ltd Fujian (002110) | $1.60 Billion | 7.93% | 1.54x | $528.18 Million |
| Henan Hengxing Science & Technology Co Ltd (002132) | $696.31 Million | 11.21% | 0.89x | $528.47 Million |