Jiangsu Sanfangxiang Industry Co Ltd
Jiangsu Sanfame Polyester Material Co.,Ltd. engages in the production and sale of bottle-grade polyester chips and purified terephthalic acid in China. It offers polyester fibers, including polyester staple fibers and polyester filaments for use in textile industry; bottle-grade polyester chips that are used in beverage packaging, food packaging, pharmaceutical packaging, cosmetic packaging, and … Read more
Jiangsu Sanfangxiang Industry Co Ltd (600370) - Net Assets
Latest net assets as of June 2025: CN¥5.50 Billion CNY
Based on the latest financial reports, Jiangsu Sanfangxiang Industry Co Ltd (600370) has net assets worth CN¥5.50 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥18.99 Billion) and total liabilities (CN¥13.49 Billion). 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¥5.50 Billion |
| % of Total Assets | 28.96% |
| Annual Growth Rate | 15.43% |
| 5-Year Change | -3.24% |
| 10-Year Change | 305.1% |
| Growth Volatility | 66.94 |
Jiangsu Sanfangxiang Industry Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Jiangsu Sanfangxiang Industry 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 Jiangsu Sanfangxiang Industry Co Ltd (2000–2024)
The table below shows the annual net assets of Jiangsu Sanfangxiang Industry Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.77 Billion | -8.35% |
| 2023-12-31 | CN¥6.30 Billion | -6.68% |
| 2022-12-31 | CN¥6.75 Billion | +3.61% |
| 2021-12-31 | CN¥6.51 Billion | +9.20% |
| 2020-12-31 | CN¥5.96 Billion | +277.32% |
| 2019-12-31 | CN¥1.58 Billion | +1.88% |
| 2018-12-31 | CN¥1.55 Billion | +3.77% |
| 2017-12-31 | CN¥1.50 Billion | +0.84% |
| 2016-12-31 | CN¥1.48 Billion | +4.08% |
| 2015-12-31 | CN¥1.42 Billion | +2.07% |
| 2014-12-31 | CN¥1.40 Billion | +1.04% |
| 2013-12-31 | CN¥1.38 Billion | +1.62% |
| 2012-12-31 | CN¥1.36 Billion | +1.62% |
| 2011-12-31 | CN¥1.34 Billion | +0.43% |
| 2010-12-31 | CN¥1.33 Billion | +2.80% |
| 2009-12-31 | CN¥1.30 Billion | +3.28% |
| 2008-12-31 | CN¥1.25 Billion | -0.83% |
| 2007-12-31 | CN¥1.26 Billion | +43.05% |
| 2006-12-31 | CN¥884.21 Million | +4.10% |
| 2005-12-31 | CN¥849.35 Million | +5.05% |
| 2004-12-31 | CN¥808.54 Million | +16.23% |
| 2003-12-31 | CN¥695.64 Million | +205.86% |
| 2002-12-31 | CN¥227.44 Million | -0.65% |
| 2001-12-31 | CN¥228.93 Million | +24.33% |
| 2000-12-31 | CN¥184.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Sanfangxiang Industry 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 6242.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥346.82 Million | 6.01% |
| Other Components | CN¥5.42 Billion | 93.99% |
| Total Equity | CN¥5.77 Billion | 100.00% |
Jiangsu Sanfangxiang Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Sanfangxiang Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Textiles Import & Export Corp Ltd
SHG:600250
|
$251.60 Million |
|
Shandong Chenming Paper Holdings Ltd Class B
SHE:200488
|
$251.60 Million |
|
Clinuvel Pharmaceuticals Ltd
AU:CUV
|
$251.65 Million |
|
Bk Harda Internasional Tbk Pt
JK:BBHI
|
$251.65 Million |
|
TELUS International (Cda) Inc.
MU:5Z9
|
$251.53 Million |
|
Time Publishing and Media Co Ltd Class A
SHG:600551
|
$251.53 Million |
|
MGP Ingredients Inc
NASDAQ:MGPI
|
$251.48 Million |
|
Lootom Telcovideo Network Wuxi Co Ltd
SHE:300555
|
$251.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Sanfangxiang Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,296,770,381 to 5,770,682,212, a change of -526,088,169 (-8.4%).
- Net loss of 487,474,354 reduced equity.
- Dividend payments of 157,649,454 reduced retained earnings.
- Other factors increased equity by 119,035,639.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-487.47 Million | -8.45% |
| Dividends Paid | CN¥157.65 Million | -2.73% |
| Other Changes | CN¥119.04 Million | +2.06% |
| Total Change | CN¥- | -8.35% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Sanfangxiang Industry 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: 1.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.71x to 1.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.59 | CN¥2.73 | x |
| 2018-12-31 | CN¥1.64 | CN¥2.73 | x |
| 2019-12-31 | CN¥1.68 | CN¥2.73 | x |
| 2020-12-31 | CN¥1.57 | CN¥2.73 | x |
| 2021-12-31 | CN¥1.67 | CN¥2.73 | x |
| 2022-12-31 | CN¥1.73 | CN¥2.73 | x |
| 2023-12-31 | CN¥1.62 | CN¥2.73 | x |
| 2024-12-31 | CN¥1.48 | CN¥2.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Sanfangxiang Industry 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): -8.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.02%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 3.22x
- Recent ROE (-8.45%) is below the historical average (6.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 19.31% | 6.31% | 2.01x | 1.52x | CN¥17.15 Million |
| 2001 | 19.91% | 6.12% | 1.44x | 2.26x | CN¥18.99 Million |
| 2002 | 20.66% | 6.48% | 1.24x | 2.58x | CN¥20.33 Million |
| 2003 | 6.58% | 5.27% | 0.74x | 1.68x | CN¥-21.53 Million |
| 2004 | 10.62% | 7.62% | 0.77x | 1.81x | CN¥4.20 Million |
| 2005 | 9.79% | 5.97% | 1.00x | 1.65x | CN¥-1.51 Million |
| 2006 | 10.17% | 5.65% | 1.00x | 1.80x | CN¥1.27 Million |
| 2007 | 5.19% | 4.33% | 0.87x | 1.38x | CN¥-53.41 Million |
| 2008 | 0.65% | 0.74% | 0.64x | 1.39x | CN¥-103.05 Million |
| 2009 | 3.04% | 3.17% | 0.72x | 1.34x | CN¥-79.13 Million |
| 2010 | 5.22% | 4.67% | 0.83x | 1.34x | CN¥-55.78 Million |
| 2011 | 2.83% | 2.16% | 0.99x | 1.32x | CN¥-83.68 Million |
| 2012 | 2.48% | 1.96% | 0.97x | 1.31x | CN¥-88.73 Million |
| 2013 | 2.09% | 1.88% | 0.87x | 1.28x | CN¥-94.08 Million |
| 2014 | 1.27% | 1.40% | 0.69x | 1.31x | CN¥-103.78 Million |
| 2015 | 1.54% | 1.86% | 0.62x | 1.34x | CN¥-101.65 Million |
| 2016 | 3.75% | 4.76% | 0.58x | 1.37x | CN¥-77.69 Million |
| 2017 | 3.47% | 4.14% | 0.61x | 1.38x | CN¥-82.95 Million |
| 2018 | 4.10% | 4.54% | 0.67x | 1.35x | CN¥-77.18 Million |
| 2019 | 4.09% | 5.27% | 0.58x | 1.33x | CN¥-79.37 Million |
| 2020 | 9.74% | 3.43% | 1.29x | 2.21x | CN¥-14.66 Million |
| 2021 | 9.67% | 3.23% | 1.68x | 1.78x | CN¥-21.52 Million |
| 2022 | 12.13% | 3.58% | 1.59x | 2.13x | CN¥143.48 Million |
| 2023 | -4.37% | -1.17% | 1.46x | 2.56x | CN¥-904.64 Million |
| 2024 | -8.45% | -2.02% | 1.30x | 3.22x | CN¥-1.06 Billion |
Industry Comparison
This section compares Jiangsu Sanfangxiang Industry Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Sanfangxiang Industry Co Ltd (600370) | CN¥5.50 Billion | 19.31% | 2.45x | $251.57 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |