Jiangsu Holly Corp (600128) - Net Assets

Latest as of March 2026: CN¥2.77 Billion CNY ≈ $404.87 Million USD

Based on the latest financial reports, Jiangsu Holly Corp (600128) has net assets worth CN¥2.77 Billion CNY (≈ $404.87 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¥6.28 Billion ≈ $918.45 Million USD) and total liabilities (CN¥3.51 Billion ≈ $513.58 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. Check 600128 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.77 Billion
% of Total Assets	44.08%
Annual Growth Rate	12.25%
5-Year Change	3.96%
10-Year Change	70.95%
Growth Volatility	38.91

Jiangsu Holly Corp - Net Assets Trend (1994–2025)

This chart illustrates how Jiangsu Holly Corp's net assets have evolved over time, based on quarterly financial data. See 600128 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Jiangsu Holly Corp (1994–2025)

The table below shows the annual net assets of Jiangsu Holly Corp from 1994 to 2025. For live valuation and market cap data, see Jiangsu Holly Corp stock valuation.

Year	Net Assets	Change
2025-12-31	CN¥2.75 Billion ≈ $402.88 Million	+1.09%
2024-12-31	CN¥2.72 Billion ≈ $398.54 Million	+0.56%
2023-12-31	CN¥2.71 Billion ≈ $396.32 Million	+2.79%
2022-12-31	CN¥2.63 Billion ≈ $385.57 Million	-0.51%
2021-12-31	CN¥2.65 Billion ≈ $387.54 Million	+9.97%
2020-12-31	CN¥2.41 Billion ≈ $352.39 Million	+16.61%
2019-12-31	CN¥2.07 Billion ≈ $302.19 Million	+41.25%
2018-12-31	CN¥1.46 Billion ≈ $213.93 Million	-5.02%
2017-12-31	CN¥1.54 Billion ≈ $225.25 Million	-4.42%
2016-12-31	CN¥1.61 Billion ≈ $235.68 Million	-0.04%
2015-12-31	CN¥1.61 Billion ≈ $235.77 Million	+1.29%
2014-12-31	CN¥1.59 Billion ≈ $232.77 Million	+4.26%
2013-12-31	CN¥1.53 Billion ≈ $223.25 Million	+3.75%
2012-12-31	CN¥1.47 Billion ≈ $215.17 Million	+2.82%
2011-12-31	CN¥1.43 Billion ≈ $209.27 Million	+4.03%
2010-12-31	CN¥1.37 Billion ≈ $201.15 Million	+2.20%
2009-12-31	CN¥1.34 Billion ≈ $196.81 Million	+6.84%
2008-12-31	CN¥1.26 Billion ≈ $184.21 Million	+55.26%
2007-12-31	CN¥810.83 Million ≈ $118.65 Million	+20.91%
2006-12-31	CN¥670.59 Million ≈ $98.13 Million	+1.02%
2005-12-31	CN¥663.85 Million ≈ $97.14 Million	+1.37%
2004-12-31	CN¥654.86 Million ≈ $95.83 Million	+1.62%
2003-12-31	CN¥644.43 Million ≈ $94.30 Million	+3.78%
2002-12-31	CN¥620.97 Million ≈ $90.87 Million	+4.53%
2001-12-31	CN¥594.08 Million ≈ $86.93 Million	+3.18%
2000-12-31	CN¥575.79 Million ≈ $84.26 Million	+27.47%
1999-12-31	CN¥451.71 Million ≈ $66.10 Million	+2.00%
1998-12-31	CN¥442.87 Million ≈ $64.81 Million	+8.27%
1997-12-31	CN¥409.03 Million ≈ $59.85 Million	+214.92%
1996-12-31	CN¥129.88 Million ≈ $19.01 Million	+37.64%
1995-12-31	CN¥94.36 Million ≈ $13.81 Million	+23.22%
1994-12-31	CN¥76.58 Million ≈ $11.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Holly Corp'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 38382.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥513.69 Million	23.96%
Other Components	CN¥1.63 Billion	76.04%
Total Equity	CN¥2.14 Billion	100.00%

Jiangsu Holly Corp Competitors by Market Cap

The table below lists competitors of Jiangsu Holly Corp ranked by their market capitalization.

Company	Market Cap
Legato Merger Corp. III NYSE MKT:LEGT	$285.86 Million
Zhejiang Yaguang Technology Co. Ltd. A SHG:603282	$285.90 Million
Datavault AI Inc. NASDAQ:DVLT	$285.93 Million
Cahya Mata Sarawak Bhd KLSE:2852	$286.18 Million
Nivika Fastigheter AB Series B ST:NIVI-B	$285.79 Million
HLE Glascoat Limited NSE:HLEGLAS	$285.77 Million
Shanghai DOBE Cultural & Creative Industry Development (Group) Co. LTD. SHE:300947	$285.74 Million
Dasheng Times Cultural Investment Co Ltd SHG:600892	$285.72 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Holly Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,124,247,335 to 2,144,254,871, a change of 20,007,536 (0.9%).
Net income of 48,272,992 contributed positively to equity growth.
Dividend payments of 41,864,295 reduced retained earnings.
Other comprehensive income decreased equity by 934,198,364.
Other factors increased equity by 947,797,203.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥48.27 Million	+2.25%
Dividends Paid	CN¥41.86 Million	-1.95%
Other Comprehensive Income	CN¥-934.20 Million	-43.57%
Other Changes	CN¥947.80 Million	+44.2%
Total Change	CN¥-	0.94%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Holly Corp'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: 0.91x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 20.20x to 0.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-12-31	CN¥0.38	CN¥7.76	x
1995-12-31	CN¥0.47	CN¥7.76	x
1996-12-31	CN¥0.64	CN¥7.76	x
1997-12-31	CN¥2.04	CN¥7.76	x
1998-12-31	CN¥2.14	CN¥7.76	x
1999-12-31	CN¥2.18	CN¥7.76	x
2000-12-31	CN¥2.79	CN¥7.76	x
2001-12-31	CN¥2.77	CN¥7.76	x
2002-12-31	CN¥2.80	CN¥7.76	x
2003-12-31	CN¥2.91	CN¥7.76	x
2004-12-31	CN¥2.96	CN¥7.76	x
2005-12-31	CN¥3.02	CN¥7.76	x
2006-12-31	CN¥3.06	CN¥7.76	x
2007-12-31	CN¥3.73	CN¥7.76	x
2008-12-31	CN¥5.21	CN¥7.76	x
2009-12-31	CN¥5.08	CN¥7.76	x
2010-12-31	CN¥5.21	CN¥7.76	x
2011-12-31	CN¥5.37	CN¥7.76	x
2012-12-31	CN¥5.54	CN¥7.76	x
2013-12-31	CN¥5.74	CN¥7.76	x
2014-12-31	CN¥6.01	CN¥7.76	x
2015-12-31	CN¥6.13	CN¥7.76	x
2016-12-31	CN¥6.15	CN¥7.76	x
2017-12-31	CN¥5.58	CN¥7.76	x
2018-12-31	CN¥5.24	CN¥7.76	x
2019-12-31	CN¥6.86	CN¥7.76	x
2020-12-31	CN¥7.72	CN¥7.76	x
2021-12-31	CN¥8.45	CN¥7.76	x
2022-12-31	CN¥8.44	CN¥7.76	x
2023-12-31	CN¥8.56	CN¥7.76	x
2024-12-31	CN¥8.61	CN¥7.76	x
2025-12-31	CN¥8.52	CN¥7.76	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Holly Corp 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): 2.25%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.62%
• Asset Turnover: 1.20x
• Equity Multiplier: 3.01x
Recent ROE (2.25%) is below the historical average (6.84%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	61.68%	5.37%	2.82x	4.07x	CN¥39.58 Million
1995	18.84%	1.71%	2.86x	3.86x	CN¥8.34 Million
1996	25.76%	3.60%	2.34x	3.06x	CN¥20.11 Million
1997	11.89%	4.49%	1.77x	1.49x	CN¥7.67 Million
1998	10.00%	3.80%	1.53x	1.73x	CN¥9.74K
1999	10.59%	3.76%	1.74x	1.61x	CN¥2.56 Million
2000	7.95%	3.09%	1.74x	1.48x	CN¥-11.39 Million
2001	1.86%	0.71%	1.72x	1.53x	CN¥-44.90 Million
2002	2.88%	0.97%	1.79x	1.65x	CN¥-39.74 Million
2003	3.28%	1.20%	1.55x	1.76x	CN¥-38.95 Million
2004	3.52%	1.15%	1.79x	1.71x	CN¥-38.28 Million
2005	4.54%	1.31%	1.74x	2.00x	CN¥-32.88 Million
2006	4.08%	1.24%	1.59x	2.08x	CN¥-36.05 Million
2007	4.61%	1.53%	1.18x	2.55x	CN¥-40.08 Million
2008	3.00%	1.54%	0.87x	2.23x	CN¥-82.85 Million
2009	2.73%	1.34%	0.88x	2.32x	CN¥-91.20 Million
2010	5.96%	2.43%	0.93x	2.63x	CN¥-51.95 Million
2011	7.29%	2.94%	1.15x	2.16x	CN¥-35.86 Million
2012	4.78%	1.98%	1.22x	1.98x	CN¥-71.40 Million
2013	4.85%	1.83%	1.35x	1.97x	CN¥-72.92 Million
2014	4.76%	1.76%	1.23x	2.20x	CN¥-77.78 Million
2015	4.38%	1.80%	1.28x	1.90x	CN¥-85.09 Million
2016	1.56%	0.67%	1.17x	1.99x	CN¥-127.97 Million
2017	0.89%	0.30%	1.29x	2.31x	CN¥-125.39 Million
2018	-5.43%	-1.56%	1.49x	2.33x	CN¥-199.46 Million
2019	2.09%	0.82%	1.11x	2.28x	CN¥-133.94 Million
2020	1.69%	0.73%	0.96x	2.42x	CN¥-158.35 Million
2021	1.59%	0.62%	1.08x	2.36x	CN¥-175.27 Million
2022	1.85%	0.62%	1.15x	2.57x	CN¥-169.64 Million
2023	1.55%	0.49%	1.13x	2.81x	CN¥-178.49 Million
2024	1.57%	0.47%	1.19x	2.83x	CN¥-179.01 Million
2025	2.25%	0.62%	1.20x	3.01x	CN¥-166.15 Million

Industry Comparison

This section compares Jiangsu Holly Corp's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

Industry: Specialty Retail
Average net assets among peers: $2,255,035,769
Average return on equity (ROE) among peers: 11.67%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jiangsu Holly Corp (600128)	CN¥2.77 Billion	61.68%	1.27x	$285.81 Million
Suning Commerce Group Co Ltd (002024)	$3.21 Billion	23.59%	1.76x	$1.57 Billion
Haining China Leather Market Co Ltd (002344)	$8.47 Billion	3.19%	0.63x	$660.66 Million
Zhejiang Aishida Electric Co Ltd (002403)	$2.17 Billion	5.94%	1.41x	$421.20 Million
Shenzhen Aisidi Co Ltd (002416)	$270.31 Million	25.93%	2.67x	$1.64 Billion
Beijing Sanfo Outdoor Products Co Ltd (002780)	$683.65 Million	-4.82%	0.57x	$298.60 Million
Doctorglasses Chain Co Ltd (300622)	$507.15 Million	11.70%	0.16x	$643.24 Million
BYBON Group Co Ltd Class A (300736)	$160.46 Million	4.06%	0.49x	$619.47 Million
Kidswant Children Products Co.Ltd. (301078)	$1.70 Billion	22.21%	1.56x	$1.24 Billion
Ziel Home Furnishing Technology Co. Ltd. A (301376)	$3.12 Billion	13.23%	0.79x	$1.00 Billion

About Jiangsu Holly Corp

SHG:600128 China Specialty Retail

Market Cap

$285.81 Million

CN¥1.95 Billion CNY

Market Cap Rank

#15033 Global

#4408 in China

Share Price

CN¥7.76

Change (1 day)

-1.96%

52-Week Range

CN¥7.76 - CN¥12.36

All Time High

CN¥16.03