Joy Kie Corporation Limited. (300994) - Net Assets

Latest as of March 2026: CN¥1.27 Billion CNY ≈ $185.38 Million USD

Based on the latest financial reports, Joy Kie Corporation Limited. (300994) has net assets worth CN¥1.27 Billion CNY (≈ $185.38 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¥2.21 Billion ≈ $322.73 Million USD) and total liabilities (CN¥938.68 Million ≈ $137.36 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 tangible net worth ratio of Joy Kie Corporation Limited. to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.27 Billion
% of Total Assets	57.44%
Annual Growth Rate	30.78%
5-Year Change	16.31%
10-Year Change	N/A
Growth Volatility	50.78

Joy Kie Corporation Limited. - Net Assets Trend (2017–2025)

This chart illustrates how Joy Kie Corporation Limited.'s net assets have evolved over time, based on quarterly financial data. See 300994 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Joy Kie Corporation Limited. (2017–2025)

The table below shows the annual net assets of Joy Kie Corporation Limited. from 2017 to 2025. For live valuation and market cap data, see 300994 market cap overview.

Year	Net Assets	Change
2025-12-31	CN¥1.25 Billion ≈ $183.38 Million	+3.30%
2024-12-31	CN¥1.21 Billion ≈ $177.52 Million	+3.36%
2023-12-31	CN¥1.17 Billion ≈ $171.76 Million	-0.48%
2022-12-31	CN¥1.18 Billion ≈ $172.59 Million	+9.47%
2021-12-31	CN¥1.08 Billion ≈ $157.66 Million	+146.32%
2020-12-31	CN¥437.39 Million ≈ $64.00 Million	+29.11%
2019-12-31	CN¥338.78 Million ≈ $49.57 Million	+98.50%
2018-12-31	CN¥170.67 Million ≈ $24.97 Million	+16.53%
2017-12-31	CN¥146.46 Million ≈ $21.43 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Joy Kie 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 534.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥349.46 Million	28.73%
Other Components	CN¥866.93 Million	71.27%
Total Equity	CN¥1.22 Billion	100.00%

Joy Kie Corporation Limited. Competitors by Market Cap

The table below lists competitors of Joy Kie Corporation Limited. ranked by their market capitalization.

Company	Market Cap
ITAB Shop Concept AB ser. B ST:ITAB	$406.03 Million
Long Chen Paper Co Ltd TW:1909	$406.04 Million
First Bank NASDAQ:FRBA	$406.04 Million
Diageo PLC LSE:DGE	$406.20 Million
ideaForge Technology Limited NSE:IDEAFORGE	$405.82 Million
CTOS Digital Bhd KLSE:5301	$405.56 Million
Guangdong PAK Corporation Co Ltd SHE:300625	$405.48 Million
Wolfspeed, Inc. NASDAQ:WOLF	$405.48 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Joy Kie Corporation Limited.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,164,559,555 to 1,216,395,550, a change of 51,835,995 (4.5%).
Net income of 148,025,700 contributed positively to equity growth.
Dividend payments of 93,555,857 reduced retained earnings.
Other comprehensive income decreased equity by 75,943,632.
Other factors increased equity by 73,309,784.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥148.03 Million	+12.17%
Dividends Paid	CN¥93.56 Million	-7.69%
Other Comprehensive Income	CN¥-75.94 Million	-6.24%
Other Changes	CN¥73.31 Million	+6.03%
Total Change	CN¥-	4.45%

Book Value vs Market Value Analysis

This analysis compares Joy Kie 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: 2.28x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 18.94x to 2.28x 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¥0.63	CN¥11.90	x
2018-12-31	CN¥0.73	CN¥11.90	x
2019-12-31	CN¥2.69	CN¥11.90	x
2020-12-31	CN¥2.51	CN¥11.90	x
2021-12-31	CN¥5.56	CN¥11.90	x
2022-12-31	CN¥4.84	CN¥11.90	x
2023-12-31	CN¥4.86	CN¥11.90	x
2024-12-31	CN¥5.03	CN¥11.90	x
2025-12-31	CN¥5.22	CN¥11.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Joy Kie 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): 12.17%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.40%
• Asset Turnover: 1.46x
• Equity Multiplier: 1.89x
Recent ROE (12.17%) is below the historical average (20.50%), 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	22.22%	1.85%	2.63x	4.56x	CN¥17.90 Million
2018	30.25%	2.84%	2.86x	3.73x	CN¥34.55 Million
2019	30.10%	5.68%	2.37x	2.24x	CN¥68.11 Million
2020	35.84%	6.86%	2.14x	2.44x	CN¥113.01 Million
2021	19.05%	5.53%	1.92x	1.79x	CN¥97.47 Million
2022	14.89%	7.06%	1.37x	1.54x	CN¥55.12 Million
2023	9.47%	5.31%	1.14x	1.57x	CN¥-5.92 Million
2024	10.54%	4.40%	1.28x	1.87x	CN¥6.31 Million
2025	12.17%	4.40%	1.46x	1.89x	CN¥26.39 Million

Industry Comparison

This section compares Joy Kie Corporation Limited.'s net assets metrics with peer companies in the Leisure industry.

Industry Context

Industry: Leisure
Average net assets among peers: $720,285,441
Average return on equity (ROE) among peers: 7.40%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Joy Kie Corporation Limited. (300994)	CN¥1.27 Billion	22.22%	0.74x	$405.89 Million
China Bicycle Co Holdings Ltd (000017)	$368.14 Million	4.58%	0.18x	$334.79 Million
HL Corp Shenzhen (002105)	$983.84 Million	2.21%	0.72x	$293.69 Million
Goldlok Toys Holdings Guangdong Co Ltd (002348)	$653.92 Million	-16.62%	0.42x	$1.72 Billion
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575)	$884.00 Million	4.93%	0.13x	$556.62 Million
Shanghai Yaoji Playing Card Co Ltd (002605)	$2.05 Billion	6.70%	0.38x	$1.16 Billion
Xiamen Comfort Science&Technology Group Co Ltd (002614)	$397.50 Million	38.51%	1.66x	$440.85 Million
Guangzhou Pearl River Piano Group Co Ltd (002678)	$1.85 Billion	7.63%	0.28x	$1.08 Billion
Shifeng Cultural Development Co Ltd (002862)	$179.37 Million	19.70%	0.56x	$362.36 Million
Impulse Qingdao Health Tech Co Ltd (002899)	$1.70 Billion	6.41%	0.74x	$524.25 Million
China Bicycle Co Holdings Ltd (200017)	$-1.86 Billion	0.00%	0.00x	$51.61 Million

About Joy Kie Corporation Limited.

SHE:300994 China Leisure

Market Cap

$405.89 Million

CN¥2.77 Billion CNY

Market Cap Rank

#13516 Global

#4070 in China

Share Price

CN¥11.90

Change (1 day)

-0.25%

52-Week Range

CN¥11.90 - CN¥21.73

All Time High

CN¥43.43