Tianjin Jieqiang Power Equipment Co (300875) - Net Assets
Based on the latest financial reports, Tianjin Jieqiang Power Equipment Co (300875) has net assets worth CN¥1.02 Billion CNY (≈ $149.72 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¥1.41 Billion ≈ $205.79 Million USD) and total liabilities (CN¥383.21 Million ≈ $56.08 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 Tianjin Jieqiang Power Equipment Co asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Tianjin Jieqiang Power Equipment Co asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 300875 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion ≈ $150.99 Million |
-22.45% |
| 2023-12-31 | CN¥1.33 Billion ≈ $194.69 Million |
-4.49% |
| 2022-12-31 | CN¥1.39 Billion ≈ $203.84 Million |
-0.89% |
| 2021-12-31 | CN¥1.41 Billion ≈ $205.68 Million |
+3.05% |
| 2020-12-31 | CN¥1.36 Billion ≈ $199.58 Million |
+304.33% |
| 2019-12-31 | CN¥337.32 Million ≈ $49.36 Million |
+39.02% |
| 2018-12-31 | CN¥242.64 Million ≈ $35.51 Million |
+677.04% |
| 2017-12-31 | CN¥31.23 Million ≈ $4.57 Million |
+291.63% |
| 2016-12-31 | CN¥7.97 Million ≈ $1.17 Million |
+59.50% |
| 2015-12-31 | CN¥5.00 Million ≈ $731.53K |
-66.01% |
| 2014-12-31 | CN¥14.71 Million ≈ $2.15 Million |
+380.35% |
| 2013-12-31 | CN¥-5.25 Million ≈ $-767.73K |
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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 |
|---|---|
|
Network18 Media & Investments Limited
NSE:NETWORK18
|
$574.16 Million |
|
Tivoli A/S
CO:TIV
|
$574.21 Million |
|
Ethos Technologies Inc. Class A Common Stock
NASDAQ:LIFE
|
$574.24 Million |
|
Black Cat Syndicate Ltd
AU:BC8
|
$574.36 Million |
|
Far East Holdings Bhd
KLSE:5029
|
$574.01 Million |
|
Kaufman Et Broad
PA:KOF
|
$573.66 Million |
|
Xinhua Winshare Publishing and Media Co. Ltd
F:SXV
|
$573.50 Million |
|
Newsmax, Inc.
NYSE:NMAX
|
$573.50 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: 4.05x
- 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¥39.30 | x |
| 2014-12-31 | CN¥0.77 | CN¥39.30 | x |
| 2015-12-31 | CN¥0.55 | CN¥39.30 | x |
| 2016-12-31 | CN¥1.68 | CN¥39.30 | x |
| 2017-12-31 | CN¥6.24 | CN¥39.30 | x |
| 2018-12-31 | CN¥3.45 | CN¥39.30 | x |
| 2019-12-31 | CN¥3.37 | CN¥39.30 | x |
| 2020-12-31 | CN¥13.66 | CN¥39.30 | x |
| 2021-12-31 | CN¥17.26 | CN¥39.30 | x |
| 2022-12-31 | CN¥12.99 | CN¥39.30 | x |
| 2023-12-31 | CN¥12.68 | CN¥39.30 | x |
| 2024-12-31 | CN¥9.72 | CN¥39.30 | 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
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 | $574.13 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About 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