Jiusheng Electric Co. LTD
Jiusheng Electric Co., Ltd. engages in the research and development, production, and sale of safety wires and cables in the People's Republic of China and internationally. It offers mineral insulated cables; flame retardant, irradiated, low smoke halogen-free, and fire resistance cables and wires; 35KV power, control, medium and high voltage, conducting, and overhead wires and cables; heating cab… Read more
Jiusheng Electric Co. LTD (301082) - Net Assets
Latest net assets as of June 2025: CN¥1.04 Billion CNY
Based on the latest financial reports, Jiusheng Electric Co. LTD (301082) has net assets worth CN¥1.04 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.77 Billion) and total liabilities (CN¥2.74 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¥1.04 Billion |
| % of Total Assets | 27.46% |
| Annual Growth Rate | 21.18% |
| 5-Year Change | 124.58% |
| 10-Year Change | N/A |
| Growth Volatility | 51.51 |
Jiusheng Electric Co. LTD - Net Assets Trend (2019–2024)
This chart illustrates how Jiusheng Electric 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 Jiusheng Electric Co. LTD (2019–2024)
The table below shows the annual net assets of Jiusheng Electric Co. LTD from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.02 Billion | -5.94% |
| 2023-12-31 | CN¥1.09 Billion | +1.71% |
| 2022-12-31 | CN¥1.07 Billion | +1.63% |
| 2021-12-31 | CN¥1.05 Billion | +130.96% |
| 2020-12-31 | CN¥456.31 Million | +16.40% |
| 2019-12-31 | CN¥392.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiusheng Electric 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 54.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥309.01 Million | 30.15% |
| Other Components | CN¥715.76 Million | 69.85% |
| Total Equity | CN¥1.02 Billion | 100.00% |
Jiusheng Electric Co. LTD Competitors by Market Cap
The table below lists competitors of Jiusheng Electric Co. LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Longertek Technology Co Ltd
SHE:300594
|
$225.55 Million |
|
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A
SHG:603135
|
$225.59 Million |
|
RCS MediaGroup S.p.A
PINK:RZSMF
|
$225.59 Million |
|
Zhejiang Tony Electronic Co Ltd
SHG:603595
|
$225.68 Million |
|
National CineMedia Inc
NASDAQ:NCMI
|
$225.48 Million |
|
Nanjing Central Emporium Group Stocks Co Ltd
SHG:600280
|
$225.47 Million |
|
Brainsway Ltd
NASDAQ:BWAY
|
$225.45 Million |
|
Dogus Gayrimenkul Yatirim Ortakligi AS
IS:DGGYO
|
$225.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiusheng Electric Co. LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,089,432,254 to 1,024,770,671, a change of -64,661,584 (-5.9%).
- Net loss of 35,564,690 reduced equity.
- Dividend payments of 71,854,796 reduced retained earnings.
- Other factors increased equity by 42,757,902.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-35.56 Million | -3.47% |
| Dividends Paid | CN¥71.85 Million | -7.01% |
| Other Changes | CN¥42.76 Million | +4.17% |
| Total Change | CN¥- | -5.94% |
Book Value vs Market Value Analysis
This analysis compares Jiusheng Electric 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: 4.06x
- 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 5.63x to 4.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.26 | CN¥18.38 | x |
| 2020-12-31 | CN¥2.70 | CN¥18.38 | x |
| 2021-12-31 | CN¥4.66 | CN¥18.38 | x |
| 2022-12-31 | CN¥4.73 | CN¥18.38 | x |
| 2023-12-31 | CN¥4.81 | CN¥18.38 | x |
| 2024-12-31 | CN¥4.53 | CN¥18.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiusheng Electric 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): -3.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.86%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 3.43x
- Recent ROE (-3.47%) is below the historical average (9.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 20.22% | 6.37% | 0.95x | 3.35x | CN¥40.43 Million |
| 2020 | 17.74% | 6.82% | 0.85x | 3.06x | CN¥35.51 Million |
| 2021 | 8.34% | 4.50% | 0.92x | 2.01x | CN¥-17.57 Million |
| 2022 | 7.38% | 4.13% | 0.76x | 2.35x | CN¥-28.10 Million |
| 2023 | 4.65% | 2.53% | 0.66x | 2.79x | CN¥-58.27 Million |
| 2024 | -3.47% | -1.86% | 0.54x | 3.43x | CN¥-138.04 Million |
Industry Comparison
This section compares Jiusheng Electric Co. LTD's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiusheng Electric Co. LTD (301082) | CN¥1.04 Billion | 20.22% | 2.64x | $225.53 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |