Jdd Tech New Mat Co Ltd

SHE:301538 China Specialty Chemicals
Market Cap
$830.24 Million
CN¥6.09 Billion CNY
Market Cap Rank
#14407 Global
#3789 in China
Share Price
CN¥77.70
Change (1 day)
-4.23%
52-Week Range
CN¥50.53 - CN¥100.31
All Time High
CN¥145.65
About

Shenzhen Jdd Tech New Material Co., Ltd engages in the research, design, development, production and sale of modified polymer protective materials in China. The company provides functional protective sleeves and functional monofilaments. It offers cloth, fiber cloth, and PVC tapes; waterproof connector for plastic cables; metal jointsTeflon bellows; tinned copper braided mesh tubes; corrugated fl… Read more

Jdd Tech New Mat Co Ltd (301538) - Net Assets

Latest net assets as of September 2025: CN¥1.37 Billion CNY

Based on the latest financial reports, Jdd Tech New Mat Co Ltd (301538) has net assets worth CN¥1.37 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.61 Billion) and total liabilities (CN¥233.62 Million). 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¥1.37 Billion
% of Total Assets 85.46%
Annual Growth Rate 39.8%
5-Year Change 326.07%
10-Year Change N/A
Growth Volatility 27.06

Jdd Tech New Mat Co Ltd - Net Assets Trend (2019–2024)

This chart illustrates how Jdd Tech New Mat 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 Jdd Tech New Mat Co Ltd (2019–2024)

The table below shows the annual net assets of Jdd Tech New Mat Co Ltd from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.27 Billion +95.90%
2023-12-31 CN¥647.80 Million +27.20%
2022-12-31 CN¥509.28 Million +28.46%
2021-12-31 CN¥396.44 Million +33.10%
2020-12-31 CN¥297.85 Million +25.42%
2019-12-31 CN¥237.48 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jdd Tech New Mat 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 352.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥670.39 Million 52.83%
Common Stock CN¥56.00 Million 4.41%
Other Comprehensive Income CN¥34.05 Million 2.68%
Other Components CN¥508.60 Million 40.08%
Total Equity CN¥1.27 Billion 100.00%

Jdd Tech New Mat Co Ltd Competitors by Market Cap

The table below lists competitors of Jdd Tech New Mat Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jdd Tech New Mat Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 647,798,749 to 1,269,044,000, a change of 621,245,251 (95.9%).
  • Net income of 175,975,748 contributed positively to equity growth.
  • Dividend payments of 39,482,500 reduced retained earnings.
  • Other comprehensive income increased equity by 34,052,266.
  • Other factors increased equity by 450,699,737.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥175.98 Million +13.87%
Dividends Paid CN¥39.48 Million -3.11%
Other Comprehensive Income CN¥34.05 Million +2.68%
Other Changes CN¥450.70 Million +35.51%
Total Change CN¥- 95.90%

Book Value vs Market Value Analysis

This analysis compares Jdd Tech New Mat 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: 3.28x
  • 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 13.96x to 3.28x 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¥5.57 CN¥77.70 x
2020-12-31 CN¥6.99 CN¥77.70 x
2021-12-31 CN¥9.34 CN¥77.70 x
2022-12-31 CN¥12.09 CN¥77.70 x
2023-12-31 CN¥15.42 CN¥77.70 x
2024-12-31 CN¥23.72 CN¥77.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jdd Tech New Mat 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): 13.87%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.36%
  • • Asset Turnover: 0.57x
  • • Equity Multiplier: 1.18x
  • Recent ROE (13.87%) is below the historical average (21.88%), 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 24.25% 20.13% 1.04x 1.16x CN¥33.31 Million
2020 24.02% 22.02% 0.91x 1.20x CN¥41.22 Million
2021 25.08% 21.28% 0.94x 1.25x CN¥59.25 Million
2022 22.50% 22.05% 0.86x 1.19x CN¥63.45 Million
2023 21.56% 21.70% 0.78x 1.27x CN¥74.88 Million
2024 13.87% 20.36% 0.57x 1.18x CN¥49.07 Million

Industry Comparison

This section compares Jdd Tech New Mat Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $1,775,158,628
  • Average return on equity (ROE) among peers: -19.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jdd Tech New Mat Co Ltd (301538) CN¥1.37 Billion 24.25% 0.17x $224.42 Million
Chongqing Sanxia Paints Co Ltd (000565) $390.80 Million 1.64% 0.47x $289.82 Million
Hengyi Petrochemical Co Ltd (000703) $246.42 Million -7.64% 1.62x $1.44 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $472.56 Million 10.49% 1.13x $361.89 Million
Luxi Chemical Group Co Ltd (000830) $120.60 Million 41.32% 1.30x $2.28 Billion
China Minmetals Rare Earth Co Ltd (000831) $234.51 Million -303.65% 8.65x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $2.70 Billion 10.47% 0.21x $884.45 Million
Cofco Biochemical Anhui Co Ltd (000930) $11.76 Billion 9.61% 0.54x $815.97 Million
Shandong Link Science and Technology Co Ltd (001207) $441.43 Million 14.99% 1.14x $330.19 Million
Zhejiang Bofay Elec Co Ltd (001255) $742.80 Million 1.78% 0.61x $169.49 Million
Guangdong Decro Film New (001378) $647.89 Million 29.53% 0.22x $241.78 Million