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¥1.45 Billion CNY (≈ $211.66 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¥3.10 Billion ≈ $452.93 Million USD) and total liabilities (CN¥1.65 Billion ≈ $241.28 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. Also explore balance sheet size of Jiangsu Hongdou Industrial Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.45 Billion |
| % of Total Assets | 46.73% |
| Annual Growth Rate | 9.57% |
| 5-Year Change | -55.48% |
| 10-Year Change | -67.61% |
| Growth Volatility | 56.09 |
Jiangsu Hongdou Industrial Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Jiangsu Hongdou Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 600400 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jiangsu Hongdou Industrial Co Ltd (1997–2025)
The table below shows the annual net assets of Jiangsu Hongdou Industrial Co Ltd from 1997 to 2025. For live valuation and market cap data, see Jiangsu Hongdou Industrial Co Ltd (600400) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.45 Billion ≈ $211.90 Million |
-44.36% |
| 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 decreased by 1026.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.43 Billion | 102.99% |
| Total Equity | CN¥1.39 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 |
|---|---|
|
Minerals 260 Ltd
AU:MI6
|
$882.12 Million |
|
Leshan Electric Power Co Ltd
SHG:600644
|
$882.65 Million |
|
Tanla Platforms Limited
NSE:TANLA
|
$882.91 Million |
|
Cendes Co Ltd Class A
SHE:300492
|
$883.07 Million |
|
Tianjin Benefo Tejing Electric Co Ltd
SHG:600468
|
$881.80 Million |
|
Luzerner Kantonalbank AG
LSE:0QNU
|
$881.50 Million |
|
Yuanta Futures Co Ltd
TWO:6023
|
$881.08 Million |
|
O-Bank Co Ltd
TW:2897
|
$881.00 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 2024 to 2025, total equity changed from 2,543,690,118 to 1,388,718,576, a change of -1,154,971,542 (-45.4%).
- Net loss of 422,919,720 reduced equity.
- Dividend payments of 17,369,758 reduced retained earnings.
- Other comprehensive income increased equity by 368,438,464.
- Other factors decreased equity by 1,083,120,527.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-422.92 Million | -30.45% |
| Dividends Paid | CN¥17.37 Million | -1.25% |
| Other Comprehensive Income | CN¥368.44 Million | +26.53% |
| Other Changes | CN¥-1.08 Billion | -77.99% |
| Total Change | CN¥- | -45.41% |
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: 4.34x
- 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 35.48x to 4.34x 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¥2.63 | x |
| 1998-12-31 | CN¥0.09 | CN¥2.63 | x |
| 1999-12-31 | CN¥0.09 | CN¥2.63 | x |
| 2000-12-31 | CN¥0.36 | CN¥2.63 | x |
| 2001-12-31 | CN¥0.38 | CN¥2.63 | x |
| 2002-12-31 | CN¥0.42 | CN¥2.63 | x |
| 2003-12-31 | CN¥0.47 | CN¥2.63 | x |
| 2004-12-31 | CN¥0.70 | CN¥2.63 | x |
| 2005-12-31 | CN¥0.73 | CN¥2.63 | x |
| 2006-12-31 | CN¥0.76 | CN¥2.63 | x |
| 2007-12-31 | CN¥0.71 | CN¥2.63 | x |
| 2008-12-31 | CN¥0.71 | CN¥2.63 | x |
| 2009-12-31 | CN¥0.72 | CN¥2.63 | x |
| 2010-12-31 | CN¥0.80 | CN¥2.63 | x |
| 2011-12-31 | CN¥0.77 | CN¥2.63 | x |
| 2012-12-31 | CN¥0.79 | CN¥2.63 | x |
| 2013-12-31 | CN¥0.85 | CN¥2.63 | x |
| 2014-12-31 | CN¥0.86 | CN¥2.63 | x |
| 2015-12-31 | CN¥1.22 | CN¥2.63 | x |
| 2016-12-31 | CN¥1.84 | CN¥2.63 | x |
| 2017-12-31 | CN¥1.78 | CN¥2.63 | x |
| 2018-12-31 | CN¥1.54 | CN¥2.63 | x |
| 2019-12-31 | CN¥1.64 | CN¥2.63 | x |
| 2020-12-31 | CN¥1.49 | CN¥2.63 | x |
| 2021-12-31 | CN¥1.22 | CN¥2.63 | x |
| 2022-12-31 | CN¥1.99 | CN¥2.63 | x |
| 2023-12-31 | CN¥0.98 | CN¥2.63 | x |
| 2024-12-31 | CN¥1.07 | CN¥2.63 | x |
| 2025-12-31 | CN¥0.61 | CN¥2.63 | 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): -30.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.97%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.10x
- Recent ROE (-30.45%) is below the historical average (5.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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 |
| 2025 | -30.45% | -18.97% | 0.77x | 2.10x | CN¥-561.79 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: $2,648,978,574
- Average return on equity (ROE) among peers: 3.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Hongdou Industrial Co Ltd (600400) | CN¥1.45 Billion | 20.54% | 1.14x | $881.84 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $565.21 Million | 20.47% | 0.93x | $1.73 Billion |
| Fujian Septwolves Industry Co Ltd (002029) | $5.26 Billion | 5.08% | 0.51x | $760.34 Million |
| Fujian SBS Zipper Science Tech (002098) | $640.99 Million | 9.46% | 1.06x | $332.66 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $2.89 Billion | 7.27% | 0.53x | $787.99 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $711.66 Million | -56.43% | 6.17x | $496.34 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $2.14 Billion | 10.13% | 0.66x | $461.40 Million |
| Cedar Development Co Ltd (002485) | $387.42 Million | 26.98% | 1.24x | $402.80 Million |
| Huasi Agricultural Development Co Ltd (002494) | $1.54 Billion | 1.13% | 0.24x | $234.10 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $11.83 Billion | 9.62% | 0.62x | $2.15 Billion |
| Zhejiang Busen Garments Co Ltd (002569) | $525.26 Million | 1.26% | 0.19x | $275.85 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.