Jiangxi GETO New Materials Corporation Limited
Jiangxi GETO New Materials Corporation Limited engages in the research and development, design, production, and sales of aluminum formwork in China and internationally. The company offers PPVC precast housing molds, quick deck system, single side wall and table framework, aluminum formwork for basement, tunnel formwork system, steel-framed timber formwork, plastic formwork, bridge steel formwork … Read more
Jiangxi GETO New Materials Corporation Limited (300986) - Net Assets
Latest net assets as of September 2025: CN¥2.30 Billion CNY
Based on the latest financial reports, Jiangxi GETO New Materials Corporation Limited (300986) has net assets worth CN¥2.30 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¥6.01 Billion) and total liabilities (CN¥3.72 Billion). 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¥2.30 Billion |
| % of Total Assets | 38.2% |
| Annual Growth Rate | 35.9% |
| 5-Year Change | 135.75% |
| 10-Year Change | 1320.0% |
| Growth Volatility | 27.44 |
Jiangxi GETO New Materials Corporation Limited - Net Assets Trend (2014–2024)
This chart illustrates how Jiangxi GETO New Materials Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangxi GETO New Materials Corporation Limited (2014–2024)
The table below shows the annual net assets of Jiangxi GETO New Materials Corporation Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.68 Billion | +2.32% |
| 2023-12-31 | CN¥1.64 Billion | +7.85% |
| 2022-12-31 | CN¥1.52 Billion | +17.83% |
| 2021-12-31 | CN¥1.29 Billion | +81.30% |
| 2020-12-31 | CN¥710.98 Million | +33.63% |
| 2019-12-31 | CN¥532.04 Million | +34.61% |
| 2018-12-31 | CN¥395.25 Million | +76.01% |
| 2017-12-31 | CN¥224.56 Million | +66.91% |
| 2016-12-31 | CN¥134.54 Million | +13.98% |
| 2015-12-31 | CN¥118.04 Million | +51.38% |
| 2014-12-31 | CN¥77.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi GETO New Materials Corporation Limited'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 1293.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥663.00 Million | 43.53% |
| Common Stock | CN¥246.47 Million | 16.18% |
| Other Components | CN¥613.45 Million | 40.28% |
| Total Equity | CN¥1.52 Billion | 100.00% |
Jiangxi GETO New Materials Corporation Limited Competitors by Market Cap
The table below lists competitors of Jiangxi GETO New Materials Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
C Sun Manufacturing Ltd
TW:2467
|
$787.59 Million |
|
International Petroleum Corporation
PINK:IPCFF
|
$787.64 Million |
|
Tronox Holdings PLC
NYSE:TROX
|
$787.83 Million |
|
Nano Nuclear Energy Inc. Common Stock
NASDAQ:NNE
|
$787.89 Million |
|
Biotage AB
ST:BIOT
|
$787.18 Million |
|
Costamare Inc
NYSE:CMRE
|
$787.09 Million |
|
PVR INOX Ltd.
NSE:PVRINOX
|
$787.04 Million |
|
Cementos Pacasmayo S.A.A
F:EPCC
|
$786.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi GETO New Materials Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,503,274,000 to 1,522,915,000, a change of 19,641,000 (1.3%).
- Net income of 73,695,000 contributed positively to equity growth.
- Dividend payments of 75,979,000 reduced retained earnings.
- Other factors increased equity by 21,925,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥73.69 Million | +4.84% |
| Dividends Paid | CN¥75.98 Million | -4.99% |
| Other Changes | CN¥21.93 Million | +1.44% |
| Total Change | CN¥- | 1.31% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi GETO New Materials Corporation Limited'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: 4.40x
- 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 13.57x to 4.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.02 | CN¥27.38 | x |
| 2015-12-31 | CN¥2.20 | CN¥27.38 | x |
| 2016-12-31 | CN¥1.93 | CN¥27.38 | x |
| 2017-12-31 | CN¥1.47 | CN¥27.38 | x |
| 2018-12-31 | CN¥2.36 | CN¥27.38 | x |
| 2019-12-31 | CN¥2.13 | CN¥27.38 | x |
| 2020-12-31 | CN¥2.81 | CN¥27.38 | x |
| 2021-12-31 | CN¥5.02 | CN¥27.38 | x |
| 2022-12-31 | CN¥5.70 | CN¥27.38 | x |
| 2023-12-31 | CN¥5.97 | CN¥27.38 | x |
| 2024-12-31 | CN¥6.23 | CN¥27.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi GETO New Materials Corporation Limited 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): 4.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.92%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.58x
- Recent ROE (4.84%) is below the historical average (14.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.87% | 17.39% | 0.36x | 2.06x | CN¥2.23 Million |
| 2015 | 15.91% | 20.92% | 0.52x | 1.47x | CN¥6.98 Million |
| 2016 | 12.31% | 10.46% | 0.62x | 1.89x | CN¥3.11 Million |
| 2017 | 18.85% | 14.06% | 0.53x | 2.52x | CN¥19.87 Million |
| 2018 | 16.78% | 11.73% | 0.55x | 2.58x | CN¥26.54 Million |
| 2019 | 25.07% | 15.18% | 0.58x | 2.87x | CN¥78.67 Million |
| 2020 | 24.39% | 15.05% | 0.55x | 2.96x | CN¥99.38 Million |
| 2021 | 13.35% | 11.10% | 0.52x | 2.31x | CN¥41.23 Million |
| 2022 | 12.70% | 9.20% | 0.49x | 2.81x | CN¥37.72 Million |
| 2023 | -3.01% | -2.04% | 0.44x | 3.37x | CN¥-195.62 Million |
| 2024 | 4.84% | 2.92% | 0.46x | 3.58x | CN¥-78.60 Million |
Industry Comparison
This section compares Jiangxi GETO New Materials Corporation Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,017,134,910
- Average return on equity (ROE) among peers: 11.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi GETO New Materials Corporation Limited (300986) | CN¥2.30 Billion | 12.87% | 1.62x | $787.39 Million |
| Huasu Holdings Co Ltd (000509) | $-97.01 Million | 0.00% | 0.00x | $351.23 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $13.52 Million | 0.00% | 1.72x | $207.68 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $8.53 Billion | 12.97% | 0.57x | $3.53 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.62 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $508.00 Million | 8.40% | 2.64x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $1.60 Billion | 34.70% | 3.18x | $114.70 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.20 Billion | 15.44% | 0.40x | $255.48 Million |
| Everjoy Health Group Co Ltd (002162) | $816.70 Million | 1.77% | 1.62x | $274.70 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $110.91 Million | 10.68% | 1.26x | $241.96 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |