Tianjin Jieqiang Power Equipment Co
Tianjin Jieqiang Power Equipment Co.,Ltd. engages in the research and development, production, sale, and technical servicing of nuclear, biological, and chemical safety equipment for the military industry. The company offers reconnaissance, protective, and decontamination equipment. Its products are used in the environmental protection, health and health commissions, medical care, safety supervis… Read more
Tianjin Jieqiang Power Equipment Co (300875) - Net Assets
Latest net assets as of September 2025: CN¥1.02 Billion CNY
Based on the latest financial reports, Tianjin Jieqiang Power Equipment Co (300875) has net assets worth CN¥1.02 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¥1.41 Billion) and total liabilities (CN¥383.21 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¥1.02 Billion |
| % of Total Assets | 72.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | -24.35% |
| 10-Year Change | 20540.63% |
| Growth Volatility | 219.54 |
Tianjin Jieqiang Power Equipment Co - Net Assets Trend (2013–2024)
This chart illustrates how Tianjin Jieqiang Power Equipment Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tianjin Jieqiang Power Equipment Co (2013–2024)
The table below shows the annual net assets of Tianjin Jieqiang Power Equipment Co from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion | -22.45% |
| 2023-12-31 | CN¥1.33 Billion | -4.49% |
| 2022-12-31 | CN¥1.39 Billion | -0.89% |
| 2021-12-31 | CN¥1.41 Billion | +3.05% |
| 2020-12-31 | CN¥1.36 Billion | +304.33% |
| 2019-12-31 | CN¥337.32 Million | +39.02% |
| 2018-12-31 | CN¥242.64 Million | +677.04% |
| 2017-12-31 | CN¥31.23 Million | +291.63% |
| 2016-12-31 | CN¥7.97 Million | +59.50% |
| 2015-12-31 | CN¥5.00 Million | -66.01% |
| 2014-12-31 | CN¥14.71 Million | +380.35% |
| 2013-12-31 | CN¥-5.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Jieqiang Power Equipment Co'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 11684040971.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥99.83 Million | 10.34% |
| Other Comprehensive Income | CN¥35.87 Million | 3.71% |
| Other Components | CN¥957.00 Million | 99.12% |
| Total Equity | CN¥965.47 Million | 100.00% |
Tianjin Jieqiang Power Equipment Co Competitors by Market Cap
The table below lists competitors of Tianjin Jieqiang Power Equipment Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVCON Information Tech
SHE:300074
|
$284.05 Million |
|
Shanghai Carthane Co Ltd
SHG:603037
|
$284.12 Million |
|
Bafang Electric Suzhou Co Ltd
SHG:603489
|
$284.15 Million |
|
3D Systems Corporation
NYSE:DDD
|
$284.23 Million |
|
Shuifa Energas Gas Co Ltd
SHG:603318
|
$283.90 Million |
|
Meitav Trade Inv Ltd
TA:MTRD
|
$283.72 Million |
|
Boston Omaha Corp
NYSE:BOC
|
$283.63 Million |
|
Medigen Vaccine Biologics
TWO:6547
|
$283.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Jieqiang Power Equipment Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,266,306,165 to 965,472,328, a change of -300,833,837 (-23.8%).
- Net loss of 278,257,146 reduced equity.
- Dividend payments of 512,229 reduced retained earnings.
- Share repurchases of 16,877,141 reduced equity.
- Other comprehensive income increased equity by 2,269,888.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-278.26 Million | -28.82% |
| Dividends Paid | CN¥512.23K | -0.05% |
| Share Repurchases | CN¥16.88 Million | -1.75% |
| Other Comprehensive Income | CN¥2.27 Million | +0.24% |
| Other Changes | CN¥-7.46 Million | -0.77% |
| Total Change | CN¥- | -23.76% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Jieqiang Power Equipment Co'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: 4.48x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥-0.81 | CN¥43.54 | x |
| 2014-12-31 | CN¥0.77 | CN¥43.54 | x |
| 2015-12-31 | CN¥0.55 | CN¥43.54 | x |
| 2016-12-31 | CN¥1.68 | CN¥43.54 | x |
| 2017-12-31 | CN¥6.24 | CN¥43.54 | x |
| 2018-12-31 | CN¥3.45 | CN¥43.54 | x |
| 2019-12-31 | CN¥3.37 | CN¥43.54 | x |
| 2020-12-31 | CN¥13.66 | CN¥43.54 | x |
| 2021-12-31 | CN¥17.26 | CN¥43.54 | x |
| 2022-12-31 | CN¥12.99 | CN¥43.54 | x |
| 2023-12-31 | CN¥12.68 | CN¥43.54 | x |
| 2024-12-31 | CN¥9.72 | CN¥43.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Jieqiang Power Equipment Co 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): -28.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -201.08%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.35x
- Recent ROE (-28.82%) is below the historical average (18.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -131.20% | 0.17x | 0.00x | CN¥-1.27 Million |
| 2014 | 53.10% | 31.75% | 0.65x | 2.57x | CN¥6.34 Million |
| 2015 | 36.44% | 10.54% | 0.96x | 3.59x | CN¥1.41 Million |
| 2016 | 33.55% | 14.70% | 0.68x | 3.37x | CN¥1.95 Million |
| 2017 | 75.20% | 34.88% | 0.99x | 2.19x | CN¥20.36 Million |
| 2018 | 25.63% | 36.34% | 0.59x | 1.19x | CN¥37.74 Million |
| 2019 | 28.26% | 38.82% | 0.55x | 1.33x | CN¥61.47 Million |
| 2020 | 7.34% | 37.28% | 0.18x | 1.07x | CN¥-36.29 Million |
| 2021 | 2.26% | 15.64% | 0.12x | 1.19x | CN¥-106.17 Million |
| 2022 | -1.31% | -7.26% | 0.14x | 1.26x | CN¥-150.58 Million |
| 2023 | -5.36% | -23.16% | 0.19x | 1.22x | CN¥-194.53 Million |
| 2024 | -28.82% | -201.08% | 0.11x | 1.35x | CN¥-374.80 Million |
Industry Comparison
This section compares Tianjin Jieqiang Power Equipment Co's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Jieqiang Power Equipment Co (300875) | CN¥1.02 Billion | 0.00% | 0.37x | $284.05 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |