Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) - Net Assets
Based on the latest financial reports, Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) has net assets worth CN¥905.06 Million CNY (≈ $132.44 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¥1.11 Billion ≈ $162.01 Million USD) and total liabilities (CN¥202.11 Million ≈ $29.58 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. Also explore Ningbo Joy Intelligent Logistics Technol balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥905.06 Million |
| % of Total Assets | 81.74% |
| Annual Growth Rate | 27.68% |
| 5-Year Change | 0.05% |
| 10-Year Change | N/A |
| Growth Volatility | 57.32 |
Ningbo Joy Intelligent Logistics Technology Co.Ltd. - Net Assets Trend (2017–2025)
This chart illustrates how Ningbo Joy Intelligent Logistics Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Ningbo Joy Intelligent Logistics Technol to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ningbo Joy Intelligent Logistics Technology Co.Ltd. (2017–2025)
The table below shows the annual net assets of Ningbo Joy Intelligent Logistics Technology Co.Ltd. from 2017 to 2025. For live valuation and market cap data, see market cap of Ningbo Joy Intelligent Logistics Technol.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥905.18 Million ≈ $132.46 Million |
-1.49% |
| 2024-12-31 | CN¥918.85 Million ≈ $134.46 Million |
-3.71% |
| 2023-12-31 | CN¥954.28 Million ≈ $139.64 Million |
+0.90% |
| 2022-12-31 | CN¥945.78 Million ≈ $138.40 Million |
+4.54% |
| 2021-12-31 | CN¥904.68 Million ≈ $132.38 Million |
+151.03% |
| 2020-12-31 | CN¥360.39 Million ≈ $52.74 Million |
+19.51% |
| 2019-12-31 | CN¥301.57 Million ≈ $44.13 Million |
+7.75% |
| 2018-12-31 | CN¥279.87 Million ≈ $40.95 Million |
+118.39% |
| 2017-12-31 | CN¥128.15 Million ≈ $18.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo Joy Intelligent Logistics Technology 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 562.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥193.41 Million | 21.37% |
| Other Components | CN¥711.76 Million | 78.63% |
| Total Equity | CN¥905.18 Million | 100.00% |
Ningbo Joy Intelligent Logistics Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Ningbo Joy Intelligent Logistics Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gansu Huangtai Wine-marketing Industry Co. Ltd.
SHE:000995
|
$274.14 Million |
|
Innventure, Inc.
NASDAQ:INV
|
$274.20 Million |
|
MFS Intermediate Income Trust
NYSE:MIN
|
$274.25 Million |
|
Nilkamal Limited
NSE:NILKAMAL
|
$274.33 Million |
|
Ningbo Fubang
SHG:600768
|
$274.00 Million |
|
Seoul Food
KO:004410
|
$273.94 Million |
|
Silvaco Group, Inc. Common Stock
NASDAQ:SVCO
|
$273.78 Million |
|
Leonteq AG
SW:LEON
|
$273.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Joy Intelligent Logistics Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 918,562,190 to 905,175,156, a change of -13,387,034 (-1.5%).
- Net loss of 13,316,853 reduced equity.
- Dividend payments of 4,223,002 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-13.32 Million | -1.47% |
| Dividends Paid | CN¥4.22 Million | -0.47% |
| Other Changes | CN¥4.15 Million | +0.46% |
| Total Change | CN¥- | -1.46% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Joy Intelligent Logistics Technology 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: 2.07x
- 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 4.58x to 2.07x 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¥2.42 | CN¥11.08 | x |
| 2018-12-31 | CN¥2.31 | CN¥11.08 | x |
| 2019-12-31 | CN¥2.39 | CN¥11.08 | x |
| 2020-12-31 | CN¥2.83 | CN¥11.08 | x |
| 2021-12-31 | CN¥6.99 | CN¥11.08 | x |
| 2022-12-31 | CN¥5.60 | CN¥11.08 | x |
| 2023-12-31 | CN¥5.55 | CN¥11.08 | x |
| 2024-12-31 | CN¥5.43 | CN¥11.08 | x |
| 2025-12-31 | CN¥5.36 | CN¥11.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Joy Intelligent Logistics Technology 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): -1.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.10%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.33x
- Recent ROE (-1.47%) is below the historical average (11.25%), 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 | 29.07% | 14.76% | 0.98x | 2.02x | CN¥24.44 Million |
| 2018 | 23.61% | 20.65% | 0.75x | 1.53x | CN¥38.09 Million |
| 2019 | 17.56% | 22.45% | 0.63x | 1.25x | CN¥22.79 Million |
| 2020 | 16.32% | 21.98% | 0.61x | 1.22x | CN¥22.78 Million |
| 2021 | 6.71% | 16.73% | 0.36x | 1.13x | CN¥-29.74 Million |
| 2022 | 6.96% | 15.38% | 0.38x | 1.19x | CN¥-28.71 Million |
| 2023 | 3.79% | 8.96% | 0.31x | 1.36x | CN¥-59.27 Million |
| 2024 | -1.29% | -3.23% | 0.28x | 1.44x | CN¥-103.69 Million |
| 2025 | -1.47% | -3.10% | 0.36x | 1.33x | CN¥-103.83 Million |
Industry Comparison
This section compares Ningbo Joy Intelligent Logistics Technology Co.Ltd.'s net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,922,257,278
- Average return on equity (ROE) among peers: -2.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) | CN¥905.06 Million | 29.07% | 0.22x | $274.01 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $140.03 Million | -87.70% | 11.68x | $506.09 Million |
| Huangshan Novel Co Ltd (002014) | $770.86 Million | 15.73% | 0.43x | $994.86 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.42 Billion | 9.27% | 0.55x | $800.90 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $2.77 Billion | 6.86% | 1.33x | $559.30 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $776.35 Million | 9.70% | 0.79x | $1.32 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $508.59 Million | 3.43% | 2.86x | $827.34 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.56 Billion | 6.18% | 0.57x | $999.40 Million |
| Shandong Lipeng Co Ltd (002374) | $2.57 Billion | 1.32% | 1.34x | $485.93 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.26 Billion | 6.77% | 0.62x | $664.05 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.45 Billion | 4.22% | 0.61x | $1.39 Billion |
About Ningbo Joy Intelligent Logistics Technology Co.Ltd.
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. engages in the research and development, production, and sale of recyclable packaging appliances. The company's products include combined set packaging products, thick-walled blister packaging units, thin-walled blister packaging units, turnover box packaging units, and other series of recyclable plastic packaging products. It also offers small… Read more