China Jushi Co Ltd (600176) - Net Assets
Based on the latest financial reports, China Jushi Co Ltd (600176) has net assets worth CN¥33.06 Billion CNY (≈ $4.84 Billion 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¥54.55 Billion ≈ $7.98 Billion USD) and total liabilities (CN¥21.49 Billion ≈ $3.14 Billion 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 China Jushi Co Ltd (600176) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥33.06 Billion |
| % of Total Assets | 60.6% |
| Annual Growth Rate | 19.41% |
| 5-Year Change | 71.41% |
| 10-Year Change | 221.11% |
| Growth Volatility | 30.73 |
China Jushi Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how China Jushi Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600176 total assets for the complete picture of this company's asset base.
Annual Net Assets for China Jushi Co Ltd (1996–2024)
The table below shows the annual net assets of China Jushi Co Ltd from 1996 to 2024. For live valuation and market cap data, see 600176 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥31.45 Billion ≈ $4.60 Billion |
+4.83% |
| 2023-12-31 | CN¥30.00 Billion ≈ $4.39 Billion |
+4.17% |
| 2022-12-31 | CN¥28.80 Billion ≈ $4.21 Billion |
+22.43% |
| 2021-12-31 | CN¥23.52 Billion ≈ $3.44 Billion |
+28.21% |
| 2020-12-31 | CN¥18.35 Billion ≈ $2.68 Billion |
+14.09% |
| 2019-12-31 | CN¥16.08 Billion ≈ $2.35 Billion |
+10.29% |
| 2018-12-31 | CN¥14.58 Billion ≈ $2.13 Billion |
+16.15% |
| 2017-12-31 | CN¥12.55 Billion ≈ $1.84 Billion |
+13.63% |
| 2016-12-31 | CN¥11.05 Billion ≈ $1.62 Billion |
+12.81% |
| 2015-12-31 | CN¥9.79 Billion ≈ $1.43 Billion |
+139.22% |
| 2014-12-31 | CN¥4.09 Billion ≈ $599.06 Million |
+8.07% |
| 2013-12-31 | CN¥3.79 Billion ≈ $554.35 Million |
-0.65% |
| 2012-12-31 | CN¥3.81 Billion ≈ $557.95 Million |
+9.24% |
| 2011-12-31 | CN¥3.49 Billion ≈ $510.77 Million |
+14.78% |
| 2010-12-31 | CN¥3.04 Billion ≈ $444.98 Million |
+17.28% |
| 2009-12-31 | CN¥2.59 Billion ≈ $379.42 Million |
-22.93% |
| 2008-12-31 | CN¥3.36 Billion ≈ $492.28 Million |
+21.16% |
| 2007-12-31 | CN¥2.78 Billion ≈ $406.31 Million |
+84.02% |
| 2006-12-31 | CN¥1.51 Billion ≈ $220.80 Million |
+22.11% |
| 2005-12-31 | CN¥1.24 Billion ≈ $180.82 Million |
+28.90% |
| 2004-12-31 | CN¥958.61 Million ≈ $140.28 Million |
+29.98% |
| 2003-12-31 | CN¥737.50 Million ≈ $107.92 Million |
+27.87% |
| 2002-12-31 | CN¥576.77 Million ≈ $84.40 Million |
+5.60% |
| 2001-12-31 | CN¥546.18 Million ≈ $79.92 Million |
+8.85% |
| 2000-12-31 | CN¥501.78 Million ≈ $73.43 Million |
-9.80% |
| 1999-12-31 | CN¥556.27 Million ≈ $81.40 Million |
+78.77% |
| 1998-12-31 | CN¥311.17 Million ≈ $45.53 Million |
+22.49% |
| 1997-12-31 | CN¥254.05 Million ≈ $37.17 Million |
+16.11% |
| 1996-12-31 | CN¥218.79 Million ≈ $32.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Jushi 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 2123977200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥21.24 Billion | 70.70% |
| Common Stock | CN¥4.00 Billion | 13.33% |
| Other Comprehensive Income | CN¥1.63 Billion | 5.42% |
| Other Components | CN¥3.17 Billion | 10.55% |
| Total Equity | CN¥30.04 Billion | 100.00% |
China Jushi Co Ltd Competitors by Market Cap
The table below lists competitors of China Jushi Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Industrias Peñoles S.A.B. de C.V
MX:PE&OLES
|
$20.27 Billion |
|
BOUYGUES UNSP.ADR 1/5/EO1
F:BYG0
|
$20.29 Billion |
|
VeriSign Inc
NASDAQ:VRSN
|
$20.30 Billion |
|
MongoDB
NASDAQ:MDB
|
$20.37 Billion |
|
Fubon Financial Holding Co Ltd Pref B
TW:2881B
|
$20.18 Billion |
|
International Consolidated Airlines Group S.A
MC:IAG
|
$20.16 Billion |
|
CHINA SHENHUA EN.A ADR/4
F:IKFC
|
$20.14 Billion |
|
Baoshan Iron & Steel Co Ltd
SHG:600019
|
$20.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Jushi Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,642,001,801 to 30,040,849,000, a change of 1,398,847,199 (4.9%).
- Net income of 2,444,813,279 contributed positively to equity growth.
- Dividend payments of 1,422,613,340 reduced retained earnings.
- Other comprehensive income increased equity by 117,684,605.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.44 Billion | +8.14% |
| Dividends Paid | CN¥1.42 Billion | -4.74% |
| Other Comprehensive Income | CN¥117.68 Million | +0.39% |
| Other Changes | CN¥258.96 Million | +0.86% |
| Total Change | CN¥- | 4.88% |
Book Value vs Market Value Analysis
This analysis compares China Jushi 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: 4.60x
- 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 244.67x to 4.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.14 | CN¥34.50 | x |
| 1997-12-31 | CN¥0.16 | CN¥34.50 | x |
| 1998-12-31 | CN¥0.20 | CN¥34.50 | x |
| 1999-12-31 | CN¥0.39 | CN¥34.50 | x |
| 2000-12-31 | CN¥0.41 | CN¥34.50 | x |
| 2001-12-31 | CN¥0.41 | CN¥34.50 | x |
| 2002-12-31 | CN¥0.41 | CN¥34.50 | x |
| 2003-12-31 | CN¥0.47 | CN¥34.50 | x |
| 2004-12-31 | CN¥0.53 | CN¥34.50 | x |
| 2005-12-31 | CN¥0.62 | CN¥34.50 | x |
| 2006-12-31 | CN¥0.33 | CN¥34.50 | x |
| 2007-12-31 | CN¥0.49 | CN¥34.50 | x |
| 2008-12-31 | CN¥0.58 | CN¥34.50 | x |
| 2009-12-31 | CN¥0.47 | CN¥34.50 | x |
| 2010-12-31 | CN¥0.55 | CN¥34.50 | x |
| 2011-12-31 | CN¥1.19 | CN¥34.50 | x |
| 2012-12-31 | CN¥1.04 | CN¥34.50 | x |
| 2013-12-31 | CN¥1.17 | CN¥34.50 | x |
| 2014-12-31 | CN¥1.27 | CN¥34.50 | x |
| 2015-12-31 | CN¥2.43 | CN¥34.50 | x |
| 2016-12-31 | CN¥2.74 | CN¥34.50 | x |
| 2017-12-31 | CN¥3.11 | CN¥34.50 | x |
| 2018-12-31 | CN¥3.56 | CN¥34.50 | x |
| 2019-12-31 | CN¥3.91 | CN¥34.50 | x |
| 2020-12-31 | CN¥4.36 | CN¥34.50 | x |
| 2021-12-31 | CN¥5.64 | CN¥34.50 | x |
| 2022-12-31 | CN¥6.89 | CN¥34.50 | x |
| 2023-12-31 | CN¥7.15 | CN¥34.50 | x |
| 2024-12-31 | CN¥7.50 | CN¥34.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Jushi 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): 8.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.42%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.78x
- Recent ROE (8.14%) is below the historical average (12.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 17.98% | 11.20% | 0.54x | 3.00x | CN¥13.32 Million |
| 1997 | 22.44% | 11.85% | 0.60x | 3.18x | CN¥23.27 Million |
| 1998 | 15.84% | 11.59% | 0.40x | 3.40x | CN¥13.51 Million |
| 1999 | 5.98% | 7.55% | 0.34x | 2.35x | CN¥-18.71 Million |
| 2000 | 9.52% | 12.51% | 0.30x | 2.55x | CN¥-2.33 Million |
| 2001 | 0.31% | 0.28% | 0.35x | 3.15x | CN¥-46.54 Million |
| 2002 | 3.09% | 2.37% | 0.42x | 3.08x | CN¥-33.73 Million |
| 2003 | 12.82% | 8.36% | 0.49x | 3.13x | CN¥15.67 Million |
| 2004 | 14.52% | 8.02% | 0.42x | 4.36x | CN¥28.61 Million |
| 2005 | 16.70% | 8.43% | 0.39x | 5.14x | CN¥49.56 Million |
| 2006 | 16.16% | 6.75% | 0.37x | 6.52x | CN¥51.87 Million |
| 2007 | 24.60% | 9.64% | 0.38x | 6.78x | CN¥183.17 Million |
| 2008 | 16.38% | 6.10% | 0.31x | 8.57x | CN¥95.18 Million |
| 2009 | -12.71% | -4.88% | 0.23x | 11.25x | CN¥-276.57 Million |
| 2010 | 14.48% | 4.32% | 0.30x | 11.00x | CN¥63.73 Million |
| 2011 | 8.48% | 5.80% | 0.32x | 4.62x | CN¥-52.57 Million |
| 2012 | 7.54% | 5.37% | 0.28x | 5.09x | CN¥-89.60 Million |
| 2013 | 8.61% | 6.13% | 0.27x | 5.19x | CN¥-51.38 Million |
| 2014 | 11.80% | 7.57% | 0.32x | 4.81x | CN¥72.50 Million |
| 2015 | 10.11% | 13.93% | 0.29x | 2.48x | CN¥11.17 Million |
| 2016 | 13.87% | 20.43% | 0.31x | 2.18x | CN¥424.41 Million |
| 2017 | 17.27% | 24.85% | 0.35x | 1.99x | CN¥904.98 Million |
| 2018 | 16.67% | 23.66% | 0.33x | 2.13x | CN¥950.15 Million |
| 2019 | 13.61% | 20.29% | 0.31x | 2.15x | CN¥564.20 Million |
| 2020 | 13.86% | 20.71% | 0.32x | 2.11x | CN¥672.45 Million |
| 2021 | 26.71% | 30.59% | 0.45x | 1.94x | CN¥3.77 Billion |
| 2022 | 23.95% | 32.74% | 0.42x | 1.76x | CN¥3.85 Billion |
| 2023 | 10.63% | 20.47% | 0.29x | 1.82x | CN¥180.24 Million |
| 2024 | 8.14% | 15.42% | 0.30x | 1.78x | CN¥-559.27 Million |
Industry Comparison
This section compares China Jushi Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $3,475,577,691
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Jushi Co Ltd (600176) | CN¥33.06 Billion | 17.98% | 0.65x | $20.21 Billion |
| CSG Holding Co Ltd (000012) | $8.78 Billion | 9.40% | 1.23x | $1.16 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $1.32 Billion | 11.88% | 0.72x | $1.66 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $64.32 Million | 7.19% | 1.11x | $1.99 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.33 Billion | 6.57% | 1.82x | $578.76 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $6.78 Billion | 1.47% | 1.72x | $4.83 Billion |
| Sinostone Guangdong Co Ltd (001212) | $611.42 Million | 22.33% | 0.23x | $1.64 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $923.65 Million | 1.64% | 2.97x | $801.95 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $1.47 Billion |
| China West Construction Group Co Ltd (002302) | $9.22 Billion | 7.16% | 1.43x | $1.03 Billion |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $895.70 Million | 0.58% | 0.68x | $481.37 Million |
About China Jushi Co Ltd
China Jushi Co., Ltd. engages in the manufacture and sale of fiberglass and related products in China and internationally. The company offers fiberglass mats, woven rovings, hybrid fiber, and glass yarn. It also provides fiberglass products for compression molding, open molding, pipe molding, thermoplastics, glass yarns, pipes, fabrics and mats, and electronic fabrics. Its products are used in in… Read more