Zhejiang JW Precision Machinery Co.Ltd
Zhejiang JW Precision Machinery Co.,Ltd. engages in the research and development, production, and sale of bearing rings in China and internationally. It offers deep groove, angular contact, tandem ball, and water pump shaft and bearing rings; triangle bracket, needle roller, and rocker arm bearing rings; and cylindrical roller, truck wheel, and tapered roller bearing rings. The company also provi… Read more
Zhejiang JW Precision Machinery Co.Ltd (300984) - Net Assets
Latest net assets as of September 2025: CN¥1.04 Billion CNY
Based on the latest financial reports, Zhejiang JW Precision Machinery Co.Ltd (300984) has net assets worth CN¥1.04 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¥1.55 Billion) and total liabilities (CN¥511.83 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¥1.04 Billion |
| % of Total Assets | 66.97% |
| Annual Growth Rate | 41.71% |
| 5-Year Change | 224.74% |
| 10-Year Change | N/A |
| Growth Volatility | 54.23 |
Zhejiang JW Precision Machinery Co.Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Zhejiang JW Precision Machinery 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 Zhejiang JW Precision Machinery Co.Ltd (2017–2024)
The table below shows the annual net assets of Zhejiang JW Precision Machinery Co.Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥909.60 Million | +29.67% |
| 2023-12-31 | CN¥701.48 Million | +3.29% |
| 2022-12-31 | CN¥679.14 Million | +6.69% |
| 2021-12-31 | CN¥636.57 Million | +127.26% |
| 2020-12-31 | CN¥280.10 Million | +15.51% |
| 2019-12-31 | CN¥242.50 Million | +26.62% |
| 2018-12-31 | CN¥191.52 Million | +141.69% |
| 2017-12-31 | CN¥79.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang JW Precision Machinery 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 854.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥168.52 Million | 18.53% |
| Common Stock | CN¥84.77 Million | 9.32% |
| Other Comprehensive Income | CN¥20.89 Million | 2.30% |
| Other Components | CN¥635.41 Million | 69.86% |
| Total Equity | CN¥909.60 Million | 100.00% |
Zhejiang JW Precision Machinery Co.Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang JW Precision Machinery Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Linewell Software Co Ltd
SHG:603636
|
$426.48 Million |
|
0CIH
LSE:0CIH
|
$426.54 Million |
|
Nankang Rubber Tire Corp Ltd
TW:2101
|
$426.61 Million |
|
P10 Inc
NYSE:PX
|
$426.72 Million |
|
Banijay Group NV
AS:BNJ
|
$426.43 Million |
|
Azad Engineering Limited
NSE:AZAD
|
$426.25 Million |
|
Daoming Optics&Chemical Co Ltd
SHE:002632
|
$426.13 Million |
|
Fujian Apex Software Co Ltd
SHG:603383
|
$426.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang JW Precision Machinery Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 701,482,214 to 909,599,010, a change of 208,116,796 (29.7%).
- Net income of 26,135,877 contributed positively to equity growth.
- Dividend payments of 16,454,016 reduced retained earnings.
- Share repurchases of 13,762,149 reduced equity.
- Other comprehensive income increased equity by 3,406,696.
- Other factors increased equity by 208,790,388.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.14 Million | +2.87% |
| Dividends Paid | CN¥16.45 Million | -1.81% |
| Share Repurchases | CN¥13.76 Million | -1.51% |
| Other Comprehensive Income | CN¥3.41 Million | +0.37% |
| Other Changes | CN¥208.79 Million | +22.95% |
| Total Change | CN¥- | 29.67% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang JW Precision Machinery 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: 3.24x
- 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 36.39x to 3.24x 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¥1.42 | CN¥51.86 | x |
| 2018-12-31 | CN¥3.44 | CN¥51.86 | x |
| 2019-12-31 | CN¥3.16 | CN¥51.86 | x |
| 2020-12-31 | CN¥3.65 | CN¥51.86 | x |
| 2021-12-31 | CN¥8.29 | CN¥51.86 | x |
| 2022-12-31 | CN¥8.85 | CN¥51.86 | x |
| 2023-12-31 | CN¥8.93 | CN¥51.86 | x |
| 2024-12-31 | CN¥16.01 | CN¥51.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang JW Precision Machinery 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): 2.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.28%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.53x
- Recent ROE (2.87%) is below the historical average (13.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.07% | 2.28% | 1.26x | 4.19x | CN¥1.64 Million |
| 2018 | 27.04% | 9.51% | 1.28x | 2.23x | CN¥32.63 Million |
| 2019 | 26.22% | 11.12% | 1.22x | 1.93x | CN¥39.34 Million |
| 2020 | 20.62% | 10.41% | 1.02x | 1.94x | CN¥29.75 Million |
| 2021 | 9.88% | 7.02% | 0.97x | 1.46x | CN¥-772.59K |
| 2022 | 6.67% | 4.34% | 0.84x | 1.83x | CN¥-22.63 Million |
| 2023 | 5.38% | 3.81% | 0.77x | 1.84x | CN¥-32.44 Million |
| 2024 | 2.87% | 2.28% | 0.82x | 1.53x | CN¥-64.82 Million |
Industry Comparison
This section compares Zhejiang JW Precision Machinery Co.Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,250,415,366
- Average return on equity (ROE) among peers: 6.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang JW Precision Machinery Co.Ltd (300984) | CN¥1.04 Billion | 12.07% | 0.49x | $426.44 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $200.94 Million | 5.81% | 1.60x | $238.89 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $404.00 Million | 18.26% | 0.78x | $160.84 Million |
| Winstech Precision Hldg Co (001319) | $1.25 Billion | 8.12% | 0.30x | $154.09 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $832.24 Million | 2.58% | 0.83x | $321.39 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.62 Billion | 1.78% | 0.41x | $437.38 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.97 Billion | 5.15% | 0.52x | $636.89 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $8.40 Billion | 1.96% | 1.14x | $1.43 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.80 Billion |
| Guangzheng Group Co Ltd (002524) | $336.93 Million | 9.53% | 3.42x | $199.24 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $1.98 Billion | 10.74% | 1.11x | $962.33 Million |