Jdd Tech New Mat Co Ltd (301538) - Net Assets
Based on the latest financial reports, Jdd Tech New Mat Co Ltd (301538) has net assets worth CN¥1.43 Billion CNY (≈ $209.33 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.68 Billion ≈ $246.14 Million USD) and total liabilities (CN¥251.52 Million ≈ $36.81 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 301538 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.43 Billion |
| % of Total Assets | 85.05% |
| Annual Growth Rate | 34.88% |
| 5-Year Change | 260.84% |
| 10-Year Change | N/A |
| Growth Volatility | 27.01 |
Jdd Tech New Mat Co Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Jdd Tech New Mat Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Jdd Tech New Mat Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Jdd Tech New Mat Co Ltd (2019–2025)
The table below shows the annual net assets of Jdd Tech New Mat Co Ltd from 2019 to 2025. For live valuation and market cap data, see 301538 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.43 Billion ≈ $209.33 Million |
+12.72% |
| 2024-12-31 | CN¥1.27 Billion ≈ $185.70 Million |
+95.90% |
| 2023-12-31 | CN¥647.80 Million ≈ $94.79 Million |
+27.20% |
| 2022-12-31 | CN¥509.28 Million ≈ $74.52 Million |
+28.46% |
| 2021-12-31 | CN¥396.44 Million ≈ $58.01 Million |
+33.10% |
| 2020-12-31 | CN¥297.85 Million ≈ $43.58 Million |
+25.42% |
| 2019-12-31 | CN¥237.48 Million ≈ $34.75 Million |
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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 453.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥819.36 Million | 57.28% |
| Other Components | CN¥611.16 Million | 42.72% |
| Total Equity | CN¥1.43 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.
| Company | Market Cap |
|---|---|
|
Salfacorp
SN:SALFACORP
|
$855.74 Million |
|
Omnijoi Media Corp
SHE:300528
|
$856.03 Million |
|
China Railway Signal & Communication Corporation Limited
F:RS3
|
$856.25 Million |
|
Bangkok Life Assurance Public Company Limited
F:XBLA
|
$856.58 Million |
|
Sun Country Airlines Holdings Inc
NASDAQ:SNCY
|
$855.69 Million |
|
Teekay Corporation
NYSE:TK
|
$855.25 Million |
|
Shanghai Kelai Mechatronics
SHG:603960
|
$855.22 Million |
|
Scandinavian Tobacco Group A/S
CO:STG
|
$854.90 Million |
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 2024 to 2025, total equity changed from 1,269,044,000 to 1,430,518,551, a change of 161,474,551 (12.7%).
- Net income of 195,097,508 contributed positively to equity growth.
- Dividend payments of 34,039,447 reduced retained earnings.
- Other comprehensive income decreased equity by 34,052,266.
- Other factors increased equity by 34,468,757.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥195.10 Million | +13.64% |
| Dividends Paid | CN¥34.04 Million | -2.38% |
| Other Comprehensive Income | CN¥-34.05 Million | -2.38% |
| Other Changes | CN¥34.47 Million | +2.41% |
| Total Change | CN¥- | 12.72% |
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: 4.09x
- 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 18.76x to 4.09x 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¥3.98 | CN¥74.59 | x |
| 2020-12-31 | CN¥4.99 | CN¥74.59 | x |
| 2021-12-31 | CN¥6.67 | CN¥74.59 | x |
| 2022-12-31 | CN¥8.63 | CN¥74.59 | x |
| 2023-12-31 | CN¥10.06 | CN¥74.59 | x |
| 2024-12-31 | CN¥16.94 | CN¥74.59 | x |
| 2025-12-31 | CN¥18.25 | CN¥74.59 | 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): 13.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.02%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.18x
- Recent ROE (13.64%) is below the historical average (20.70%), 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% | 21.67% | 0.92x | 1.20x | CN¥41.22 Million |
| 2021 | 25.08% | 21.12% | 0.95x | 1.25x | CN¥59.25 Million |
| 2022 | 22.50% | 21.87% | 0.87x | 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 |
| 2025 | 13.64% | 19.02% | 0.61x | 1.18x | CN¥52.05 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: $4,145,101,575
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jdd Tech New Mat Co Ltd (301538) | CN¥1.43 Billion | 24.25% | 0.18x | $855.73 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $90.42 Million | 27.06% | 0.87x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.46 Billion | 18.08% | 0.97x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.57 Billion | -90.11% | 2.59x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $16.39 Billion | 9.78% | 0.86x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $107.09 Million | 21.41% | 1.19x | $605.40 Million |
About Jdd Tech New Mat Co Ltd
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