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¥934.08 Million CNY (≈ $136.69 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.30 Billion ≈ $190.67 Million USD) and total liabilities (CN¥368.91 Million ≈ $53.98 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 300875 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥934.08 Million |
| % of Total Assets | 71.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | -33.2% |
| 10-Year Change | 11676.02% |
| Growth Volatility | 213.0 |
Tianjin Jieqiang Power Equipment Co - Net Assets Trend (2013–2025)
This chart illustrates how Tianjin Jieqiang Power Equipment Co's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Tianjin Jieqiang Power Equipment Co to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tianjin Jieqiang Power Equipment Co (2013–2025)
The table below shows the annual net assets of Tianjin Jieqiang Power Equipment Co from 2013 to 2025. For live valuation and market cap data, see 300875 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥938.97 Million ≈ $137.40 Million |
-9.00% |
| 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 22933084613.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.10 Billion | 128.00% |
| Total Equity | CN¥856.27 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 |
|---|---|
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD
|
$448.24 Million |
|
Hillstone Networks Co Ltd
SHG:688030
|
$448.36 Million |
|
Energy Recovery Inc
NASDAQ:ERII
|
$448.44 Million |
|
Iteos Therapeutics Inc
NASDAQ:ITOS
|
$448.68 Million |
|
Acacia Research Corporation
NASDAQ:ACTG
|
$448.17 Million |
|
Huaren Pharmaceutical Co Ltd
SHE:300110
|
$448.06 Million |
|
AngioDynamics Inc
NASDAQ:ANGO
|
$447.90 Million |
|
Kneat.com Inc
TO:KSI
|
$447.84 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 2024 to 2025, total equity changed from 965,472,328 to 856,271,794, a change of -109,200,534 (-11.3%).
- Net loss of 112,490,436 reduced equity.
- Dividend payments of 7,454,144 reduced retained earnings.
- Other comprehensive income decreased equity by 35,866,191.
- Other factors increased equity by 46,610,237.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-112.49 Million | -13.14% |
| Dividends Paid | CN¥7.45 Million | -0.87% |
| Other Comprehensive Income | CN¥-35.87 Million | -4.19% |
| Other Changes | CN¥46.61 Million | +5.44% |
| Total Change | CN¥- | -11.31% |
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: 3.58x
- 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¥30.68 | x |
| 2014-12-31 | CN¥1.00 | CN¥30.68 | x |
| 2015-12-31 | CN¥0.55 | CN¥30.68 | x |
| 2016-12-31 | CN¥0.14 | CN¥30.68 | x |
| 2017-12-31 | CN¥0.48 | CN¥30.68 | x |
| 2018-12-31 | CN¥3.45 | CN¥30.68 | x |
| 2019-12-31 | CN¥4.49 | CN¥30.68 | x |
| 2020-12-31 | CN¥16.35 | CN¥30.68 | x |
| 2021-12-31 | CN¥13.28 | CN¥30.68 | x |
| 2022-12-31 | CN¥12.99 | CN¥30.68 | x |
| 2023-12-31 | CN¥12.68 | CN¥30.68 | x |
| 2024-12-31 | CN¥9.72 | CN¥30.68 | x |
| 2025-12-31 | CN¥8.58 | CN¥30.68 | 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): -13.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.40%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.57x
- Recent ROE (-13.14%) is below the historical average (16.40%), 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 |
| 2025 | -13.14% | -35.40% | 0.24x | 1.57x | CN¥-198.12 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Jieqiang Power Equipment Co (300875) | CN¥934.08 Million | 0.00% | 0.39x | $448.20 Million |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 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