Jiangsu Hongdou Industrial Co Ltd (600400) - Net Assets
Based on the latest financial reports, Jiangsu Hongdou Industrial Co Ltd (600400) has net assets worth CN¥2.39 Billion CNY (≈ $349.97 Million 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¥3.69 Billion ≈ $539.81 Million USD) and total liabilities (CN¥1.30 Billion ≈ $189.84 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 600400 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.39 Billion |
| % of Total Assets | 64.83% |
| Annual Growth Rate | 12.35% |
| 5-Year Change | -30.67% |
| 10-Year Change | 2.33% |
| Growth Volatility | 55.85 |
Jiangsu Hongdou Industrial Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Jiangsu Hongdou Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Hongdou Industrial Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Hongdou Industrial Co Ltd (1997–2024)
The table below shows the annual net assets of Jiangsu Hongdou Industrial Co Ltd from 1997 to 2024. For live valuation and market cap data, see 600400 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.60 Billion ≈ $380.83 Million |
-13.61% |
| 2023-12-31 | CN¥3.01 Billion ≈ $440.83 Million |
-1.11% |
| 2022-12-31 | CN¥3.05 Billion ≈ $445.78 Million |
-6.35% |
| 2021-12-31 | CN¥3.25 Billion ≈ $476.00 Million |
-13.35% |
| 2020-12-31 | CN¥3.75 Billion ≈ $549.33 Million |
-9.28% |
| 2019-12-31 | CN¥4.14 Billion ≈ $605.50 Million |
+2.21% |
| 2018-12-31 | CN¥4.05 Billion ≈ $592.43 Million |
-12.00% |
| 2017-12-31 | CN¥4.60 Billion ≈ $673.19 Million |
+2.91% |
| 2016-12-31 | CN¥4.47 Billion ≈ $654.14 Million |
+75.77% |
| 2015-12-31 | CN¥2.54 Billion ≈ $372.15 Million |
+46.40% |
| 2014-12-31 | CN¥1.74 Billion ≈ $254.21 Million |
+3.38% |
| 2013-12-31 | CN¥1.68 Billion ≈ $245.90 Million |
+1.44% |
| 2012-12-31 | CN¥1.66 Billion ≈ $242.40 Million |
+1.70% |
| 2011-12-31 | CN¥1.63 Billion ≈ $238.36 Million |
+2.21% |
| 2010-12-31 | CN¥1.59 Billion ≈ $233.21 Million |
+16.69% |
| 2009-12-31 | CN¥1.37 Billion ≈ $199.86 Million |
+1.52% |
| 2008-12-31 | CN¥1.35 Billion ≈ $196.86 Million |
+2.43% |
| 2007-12-31 | CN¥1.31 Billion ≈ $192.18 Million |
-0.90% |
| 2006-12-31 | CN¥1.33 Billion ≈ $193.92 Million |
+9.81% |
| 2005-12-31 | CN¥1.21 Billion ≈ $176.60 Million |
+5.19% |
| 2004-12-31 | CN¥1.15 Billion ≈ $167.88 Million |
+45.23% |
| 2003-12-31 | CN¥789.97 Million ≈ $115.60 Million |
+18.79% |
| 2002-12-31 | CN¥665.02 Million ≈ $97.31 Million |
+14.53% |
| 2001-12-31 | CN¥580.65 Million ≈ $84.97 Million |
+8.09% |
| 2000-12-31 | CN¥537.20 Million ≈ $78.61 Million |
+286.22% |
| 1999-12-31 | CN¥139.09 Million ≈ $20.35 Million |
+6.19% |
| 1998-12-31 | CN¥130.98 Million ≈ $19.17 Million |
+16.79% |
| 1997-12-31 | CN¥112.16 Million ≈ $16.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Hongdou Industrial 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 11214.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥507.09 Million | 19.94% |
| Common Stock | CN¥2.30 Billion | 90.29% |
| Other Comprehensive Income | CN¥-368.44 Million | -14.48% |
| Other Components | CN¥108.46 Million | 4.26% |
| Total Equity | CN¥2.54 Billion | 100.00% |
Jiangsu Hongdou Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Hongdou Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fortrea Holdings Inc.
NASDAQ:FTRE
|
$948.95 Million |
|
Sdiptech AB (publ)
ST:SDIP-B
|
$948.97 Million |
|
Saha Pathana Inter-Holding PCL
BK:SPI
|
$949.26 Million |
|
Kayne Anderson BDC, Inc.
NYSE:KBDC
|
$949.33 Million |
|
QITIAN Technology Group Co Ltd
SHE:300061
|
$948.89 Million |
|
China Motor Corp
TW:2204
|
$948.85 Million |
|
Phathom Pharmaceuticals Inc
NASDAQ:PHAT
|
$948.64 Million |
|
AMAG Austria Metall AG
VI:AMAG
|
$948.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Hongdou Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,954,089,390 to 2,543,690,118, a change of -410,399,272 (-13.9%).
- Net loss of 238,176,848 reduced equity.
- Dividend payments of 79,788,927 reduced retained earnings.
- Share repurchases of 21,241,252 reduced equity.
- Other comprehensive income decreased equity by 157,463,807.
- Other factors increased equity by 86,271,562.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-238.18 Million | -9.36% |
| Dividends Paid | CN¥79.79 Million | -3.14% |
| Share Repurchases | CN¥21.24 Million | -0.84% |
| Other Comprehensive Income | CN¥-157.46 Million | -6.19% |
| Other Changes | CN¥86.27 Million | +3.39% |
| Total Change | CN¥- | -13.89% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Hongdou Industrial 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: 2.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 38.18x to 2.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.07 | CN¥2.83 | x |
| 1998-12-31 | CN¥0.09 | CN¥2.83 | x |
| 1999-12-31 | CN¥0.09 | CN¥2.83 | x |
| 2000-12-31 | CN¥0.36 | CN¥2.83 | x |
| 2001-12-31 | CN¥0.38 | CN¥2.83 | x |
| 2002-12-31 | CN¥0.42 | CN¥2.83 | x |
| 2003-12-31 | CN¥0.47 | CN¥2.83 | x |
| 2004-12-31 | CN¥0.70 | CN¥2.83 | x |
| 2005-12-31 | CN¥0.73 | CN¥2.83 | x |
| 2006-12-31 | CN¥0.76 | CN¥2.83 | x |
| 2007-12-31 | CN¥0.71 | CN¥2.83 | x |
| 2008-12-31 | CN¥0.71 | CN¥2.83 | x |
| 2009-12-31 | CN¥0.72 | CN¥2.83 | x |
| 2010-12-31 | CN¥0.80 | CN¥2.83 | x |
| 2011-12-31 | CN¥0.77 | CN¥2.83 | x |
| 2012-12-31 | CN¥0.79 | CN¥2.83 | x |
| 2013-12-31 | CN¥0.85 | CN¥2.83 | x |
| 2014-12-31 | CN¥0.86 | CN¥2.83 | x |
| 2015-12-31 | CN¥1.22 | CN¥2.83 | x |
| 2016-12-31 | CN¥1.84 | CN¥2.83 | x |
| 2017-12-31 | CN¥1.78 | CN¥2.83 | x |
| 2018-12-31 | CN¥1.54 | CN¥2.83 | x |
| 2019-12-31 | CN¥1.64 | CN¥2.83 | x |
| 2020-12-31 | CN¥1.49 | CN¥2.83 | x |
| 2021-12-31 | CN¥1.22 | CN¥2.83 | x |
| 2022-12-31 | CN¥1.99 | CN¥2.83 | x |
| 2023-12-31 | CN¥0.98 | CN¥2.83 | x |
| 2024-12-31 | CN¥1.07 | CN¥2.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Hongdou Industrial 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): -9.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.16%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.72x
- Recent ROE (-9.36%) is below the historical average (6.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 20.54% | 17.16% | 0.56x | 2.12x | CN¥11.82 Million |
| 1998 | 27.31% | 14.45% | 1.22x | 1.55x | CN¥22.67 Million |
| 1999 | 30.04% | 14.35% | 1.02x | 2.05x | CN¥27.88 Million |
| 2000 | 9.05% | 12.83% | 0.53x | 1.33x | CN¥-5.11 Million |
| 2001 | 9.73% | 12.36% | 0.60x | 1.32x | CN¥-1.57 Million |
| 2002 | 10.59% | 10.66% | 0.54x | 1.83x | CN¥3.70 Million |
| 2003 | 11.01% | 8.34% | 0.63x | 2.09x | CN¥7.13 Million |
| 2004 | 8.46% | 8.83% | 0.44x | 2.16x | CN¥-16.24 Million |
| 2005 | 6.70% | 6.02% | 0.50x | 2.24x | CN¥-36.37 Million |
| 2006 | 4.27% | 4.15% | 0.43x | 2.37x | CN¥-66.10 Million |
| 2007 | 6.27% | 6.66% | 0.32x | 2.90x | CN¥-45.70 Million |
| 2008 | 3.52% | 3.96% | 0.30x | 2.92x | CN¥-81.33 Million |
| 2009 | 2.03% | 2.45% | 0.25x | 3.35x | CN¥-101.51 Million |
| 2010 | 4.49% | 2.78% | 0.41x | 3.95x | CN¥-72.92 Million |
| 2011 | 2.60% | 1.97% | 0.29x | 4.55x | CN¥-99.00 Million |
| 2012 | 2.03% | 1.72% | 0.24x | 5.02x | CN¥-108.35 Million |
| 2013 | 3.43% | 2.00% | 0.34x | 5.01x | CN¥-91.75 Million |
| 2014 | 4.53% | 2.31% | 0.49x | 4.00x | CN¥-79.01 Million |
| 2015 | 3.73% | 3.05% | 0.40x | 3.09x | CN¥-137.27 Million |
| 2016 | 3.89% | 5.24% | 0.31x | 2.40x | CN¥-250.43 Million |
| 2017 | 13.45% | 22.39% | 0.50x | 1.20x | CN¥156.47 Million |
| 2018 | 5.20% | 8.34% | 0.45x | 1.38x | CN¥-191.06 Million |
| 2019 | 4.26% | 6.67% | 0.46x | 1.38x | CN¥-228.05 Million |
| 2020 | 4.04% | 6.08% | 0.51x | 1.30x | CN¥-214.27 Million |
| 2021 | 2.46% | 3.29% | 0.48x | 1.56x | CN¥-236.53 Million |
| 2022 | 0.50% | 0.64% | 0.49x | 1.59x | CN¥-283.71 Million |
| 2023 | 1.02% | 1.29% | 0.44x | 1.78x | CN¥-265.40 Million |
| 2024 | -9.36% | -12.16% | 0.45x | 1.72x | CN¥-492.55 Million |
Industry Comparison
This section compares Jiangsu Hongdou Industrial Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,581,087,534
- Average return on equity (ROE) among peers: 22.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Hongdou Industrial Co Ltd (600400) | CN¥2.39 Billion | 20.54% | 0.54x | $948.90 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $1.87 Billion | 13.26% | 0.15x | $1.71 Billion |
| Fujian Septwolves Industry Co Ltd (002029) | $5.80 Billion | 5.97% | 0.48x | $1.18 Billion |
| Fujian SBS Zipper Science Tech (002098) | $1.20 Billion | 10.02% | 0.54x | $456.29 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $181.01 Million | 23.29% | 0.65x | $931.06 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $3.33 Billion | 22.75% | 1.58x | $621.34 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $1.20 Billion | 6.36% | 0.21x | $585.97 Million |
| Cedar Development Co Ltd (002485) | $445.93 Million | 24.89% | 1.15x | $400.41 Million |
| Huasi Agricultural Development Co Ltd (002494) | $1.20 Billion | -1.08% | 0.39x | $350.60 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $465.88 Million | 95.18% | 1.30x | $2.40 Billion |
| Zhejiang Busen Garments Co Ltd (002569) | $111.77 Million | 24.02% | 1.80x | $318.42 Million |
About Jiangsu Hongdou Industrial Co Ltd
Jiangsu Hongdou Industrial Co.,LTD manufactures and sells clothing products. Its clothing products include men's suits, shirts, trousers, jackets, t-shirts, sweaters, and professional wear. Jiangsu Hongdou Industrial Co.,LTD was founded in 1995 and is based in Wuxi, China.