Jiusheng Electric Co. LTD (301082) - Net Assets
Based on the latest financial reports, Jiusheng Electric Co. LTD (301082) has net assets worth CN¥1.04 Billion CNY (≈ $151.59 Million USD) 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 ≈ $551.94 Million USD) and total liabilities (CN¥2.74 Billion ≈ $400.36 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 how resilient are Jiusheng Electric Co. LTD's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore 301082 total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 301082 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.02 Billion ≈ $149.96 Million |
-5.94% |
| 2023-12-31 | CN¥1.09 Billion ≈ $159.42 Million |
+1.71% |
| 2022-12-31 | CN¥1.07 Billion ≈ $156.73 Million |
+1.63% |
| 2021-12-31 | CN¥1.05 Billion ≈ $154.22 Million |
+130.96% |
| 2020-12-31 | CN¥456.31 Million ≈ $66.77 Million |
+16.40% |
| 2019-12-31 | CN¥392.03 Million ≈ $57.37 Million |
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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 |
|---|---|
|
Beijing Seeyon Internet Software Cp
SHG:688369
|
$409.02 Million |
|
Locaweb Serviços de Internet S.A.
SA:LWSA3
|
$409.21 Million |
|
Enjoyor
SHE:300020
|
$409.33 Million |
|
OneSpan Inc
NASDAQ:OSPN
|
$409.55 Million |
|
Arhaus Inc
NASDAQ:ARHS
|
$408.93 Million |
|
AEON Co (Malaysia) Bhd
KLSE:6599
|
$408.90 Million |
|
Guizhou Wire Rope Co Ltd
SHG:600992
|
$408.85 Million |
|
Alight Inc
NYSE:ALIT
|
$408.81 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: 2.73x
- 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 3.78x to 2.73x 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¥12.35 | x |
| 2020-12-31 | CN¥2.70 | CN¥12.35 | x |
| 2021-12-31 | CN¥4.66 | CN¥12.35 | x |
| 2022-12-31 | CN¥4.73 | CN¥12.35 | x |
| 2023-12-31 | CN¥4.81 | CN¥12.35 | x |
| 2024-12-31 | CN¥4.53 | CN¥12.35 | 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: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
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 | $408.98 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About 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