Ji'an Mankun Technology Co. Ltd. A (301132) - Net Assets
Based on the latest financial reports, Ji'an Mankun Technology Co. Ltd. A (301132) has net assets worth CN¥1.82 Billion CNY (≈ $265.72 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.97 Billion ≈ $434.92 Million USD) and total liabilities (CN¥1.16 Billion ≈ $169.20 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 Ji'an Mankun Technology Co. Ltd. A liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.82 Billion |
| % of Total Assets | 61.1% |
| Annual Growth Rate | 34.72% |
| 5-Year Change | 223.02% |
| 10-Year Change | N/A |
| Growth Volatility | 51.08 |
Ji'an Mankun Technology Co. Ltd. A - Net Assets Trend (2018–2024)
This chart illustrates how Ji'an Mankun Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Ji'an Mankun Technology Co. Ltd. A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Ji'an Mankun Technology Co. Ltd. A (2018–2024)
The table below shows the annual net assets of Ji'an Mankun Technology Co. Ltd. A from 2018 to 2024. For live valuation and market cap data, see market cap of Ji'an Mankun Technology Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.77 Billion ≈ $258.94 Million |
+3.76% |
| 2023-12-31 | CN¥1.71 Billion ≈ $249.54 Million |
+4.29% |
| 2022-12-31 | CN¥1.64 Billion ≈ $239.29 Million |
+150.07% |
| 2021-12-31 | CN¥653.90 Million ≈ $95.69 Million |
+19.37% |
| 2020-12-31 | CN¥547.81 Million ≈ $80.16 Million |
+20.80% |
| 2019-12-31 | CN¥453.49 Million ≈ $66.36 Million |
+53.26% |
| 2018-12-31 | CN¥295.90 Million ≈ $43.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ji'an Mankun Technology Co. Ltd. A'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 458.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥512.88 Million | 28.98% |
| Common Stock | CN¥148.09 Million | 8.37% |
| Other Comprehensive Income | CN¥79.95 Million | 4.52% |
| Other Components | CN¥1.03 Billion | 58.13% |
| Total Equity | CN¥1.77 Billion | 100.00% |
Ji'an Mankun Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Ji'an Mankun Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beingmate Baby & Child Food Co Ltd
SHE:002570
|
$794.96 Million |
|
CSBC Corp Taiwan
TW:2208
|
$795.07 Million |
|
Tejas Networks Limited
NSE:TEJASNET
|
$795.78 Million |
|
Hite Jinro
KO:000080
|
$796.00 Million |
|
STAAR Surgical Company
NASDAQ:STAA
|
$794.79 Million |
|
SAF Holland SA
XETRA:SFQ
|
$794.40 Million |
|
Storytel AB (publ)
ST:STORY-B
|
$794.34 Million |
|
Playtech plc
F:PL8
|
$794.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ji'an Mankun Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,705,317,000 to 1,769,515,000, a change of 64,198,000 (3.8%).
- Net income of 106,498,000 contributed positively to equity growth.
- Dividend payments of 61,607,000 reduced retained earnings.
- Other comprehensive income increased equity by 79,934,456.
- Other factors decreased equity by 60,627,456.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥106.50 Million | +6.02% |
| Dividends Paid | CN¥61.61 Million | -3.48% |
| Other Comprehensive Income | CN¥79.93 Million | +4.52% |
| Other Changes | CN¥-60.63 Million | -3.43% |
| Total Change | CN¥- | 3.76% |
Book Value vs Market Value Analysis
This analysis compares Ji'an Mankun Technology Co. Ltd. A'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: 3.07x
- 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 12.40x to 3.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CN¥2.96 | CN¥36.68 | x |
| 2019-12-31 | CN¥4.39 | CN¥36.68 | x |
| 2020-12-31 | CN¥5.00 | CN¥36.68 | x |
| 2021-12-31 | CN¥5.92 | CN¥36.68 | x |
| 2022-12-31 | CN¥13.32 | CN¥36.68 | x |
| 2023-12-31 | CN¥11.49 | CN¥36.68 | x |
| 2024-12-31 | CN¥11.95 | CN¥36.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ji'an Mankun Technology Co. Ltd. A 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): 6.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.40%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.57x
- Recent ROE (6.02%) is below the historical average (14.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 25.63% | 10.71% | 0.84x | 2.84x | CN¥46.24 Million |
| 2019 | 17.71% | 9.95% | 0.85x | 2.09x | CN¥34.95 Million |
| 2020 | 21.73% | 12.37% | 0.88x | 1.99x | CN¥64.25 Million |
| 2021 | 16.23% | 8.92% | 0.94x | 1.95x | CN¥40.72 Million |
| 2022 | 6.53% | 10.25% | 0.48x | 1.33x | CN¥-56.69 Million |
| 2023 | 6.44% | 9.02% | 0.53x | 1.33x | CN¥-60.75 Million |
| 2024 | 6.02% | 8.40% | 0.46x | 1.57x | CN¥-70.45 Million |
Industry Comparison
This section compares Ji'an Mankun Technology Co. Ltd. A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ji'an Mankun Technology Co. Ltd. A (301132) | CN¥1.82 Billion | 25.63% | 0.64x | $794.84 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Ji'an Mankun Technology Co. Ltd. A
Ji'an Mankun Technology Co., Ltd. engages in the research and development, manufacture, and sale of printed circuit boards (PCBs) in China and internationally. The company offers single and double-sided, and multi-layer PCBs; and high-frequency and high-speed boards, ultra-thick copper boards, ceramic substrates, buried copper blocks, etc. Its products are used in automotive electronics, industri… Read more