Jinxi Axle Co Ltd (600495) - Net Assets

Latest as of June 2025: CN¥3.26 Billion CNY ≈ $476.60 Million USD

Based on the latest financial reports, Jinxi Axle Co Ltd (600495) has net assets worth CN¥3.26 Billion CNY (≈ $476.60 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.02 Billion ≈ $587.96 Million USD) and total liabilities (CN¥760.99 Million ≈ $111.36 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 asset resilience ratio of Jinxi Axle Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.26 Billion
% of Total Assets 81.06%
Annual Growth Rate 15.79%
5-Year Change 0.96%
10-Year Change 4.92%
Growth Volatility 48.5

Jinxi Axle Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Jinxi Axle Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Jinxi Axle Co Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Jinxi Axle Co Ltd (2001–2024)

The table below shows the annual net assets of Jinxi Axle Co Ltd from 2001 to 2024. For live valuation and market cap data, see Jinxi Axle Co Ltd (600495) market capitalisation.

Year Net Assets Change
2024-12-31 CN¥3.26 Billion
≈ $477.15 Million
+0.33%
2023-12-31 CN¥3.25 Billion
≈ $475.58 Million
+0.34%
2022-12-31 CN¥3.24 Billion
≈ $473.96 Million
+0.17%
2021-12-31 CN¥3.23 Billion
≈ $473.16 Million
+0.12%
2020-12-31 CN¥3.23 Billion
≈ $472.59 Million
+1.24%
2019-12-31 CN¥3.19 Billion
≈ $466.81 Million
+1.45%
2018-12-31 CN¥3.14 Billion
≈ $460.12 Million
+0.75%
2017-12-31 CN¥3.12 Billion
≈ $456.72 Million
+0.54%
2016-12-31 CN¥3.10 Billion
≈ $454.25 Million
-0.11%
2015-12-31 CN¥3.11 Billion
≈ $454.77 Million
-3.54%
2014-12-31 CN¥3.22 Billion
≈ $471.45 Million
+4.66%
2013-12-31 CN¥3.08 Billion
≈ $450.46 Million
+82.71%
2012-12-31 CN¥1.68 Billion
≈ $246.54 Million
+13.17%
2011-12-31 CN¥1.49 Billion
≈ $217.85 Million
+7.18%
2010-12-31 CN¥1.39 Billion
≈ $203.26 Million
+2.95%
2009-12-31 CN¥1.35 Billion
≈ $197.43 Million
+124.60%
2008-12-31 CN¥600.72 Million
≈ $87.90 Million
+12.98%
2007-12-31 CN¥531.70 Million
≈ $77.80 Million
+12.87%
2006-12-31 CN¥471.06 Million
≈ $68.93 Million
+19.69%
2005-12-31 CN¥393.58 Million
≈ $57.59 Million
+4.24%
2004-12-31 CN¥377.56 Million
≈ $55.25 Million
+203.90%
2003-12-31 CN¥124.24 Million
≈ $18.18 Million
+3.61%
2002-12-31 CN¥119.91 Million
≈ $17.55 Million
+7.23%
2001-12-31 CN¥111.83 Million
≈ $16.36 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Jinxi Axle 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 61979140100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥619.79 Million 19.01%
Common Stock CN¥1.21 Billion 37.05%
Other Comprehensive Income CN¥272.72 Million 8.36%
Other Components CN¥1.16 Billion 35.58%
Total Equity CN¥3.26 Billion 100.00%

Jinxi Axle Co Ltd Competitors by Market Cap

The table below lists competitors of Jinxi Axle Co Ltd ranked by their market capitalization.

Company Market Cap
Equites Property Fund Ltd
JSE:EQU
$767.32 Million
Zehnder
SW:ZEHN
$767.33 Million
Shenzhen Comix Group Co Ltd
SHE:002301
$767.35 Million
W olf Photoelectric Technology Ltd
SHE:002962
$767.38 Million
Suntront Tech
SHE:300259
$766.88 Million
Siri Prime Office Property Fd
BK:SIRI
$766.31 Million
Cementos Pacasmayo S.A.A
F:EPCC
$766.31 Million
Nantong Xingqiu Graphite Co. Ltd. A
SHG:688633
$766.21 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jinxi Axle Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,250,002,747 to 3,260,727,488, a change of 10,724,741 (0.3%).
  • Net income of 23,075,815 contributed positively to equity growth.
  • Dividend payments of 14,498,290 reduced retained earnings.
  • Other comprehensive income increased equity by 5,679,510.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥23.08 Million +0.71%
Dividends Paid CN¥14.50 Million -0.44%
Other Comprehensive Income CN¥5.68 Million +0.17%
Other Changes CN¥-3.53 Million -0.11%
Total Change CN¥- 0.33%

Book Value vs Market Value Analysis

This analysis compares Jinxi Axle 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: 1.54x
  • 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 20.70x to 1.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.21 CN¥4.34 x
2002-12-31 CN¥0.22 CN¥4.34 x
2003-12-31 CN¥0.23 CN¥4.34 x
2004-12-31 CN¥0.71 CN¥4.34 x
2005-12-31 CN¥0.74 CN¥4.34 x
2006-12-31 CN¥0.81 CN¥4.34 x
2007-12-31 CN¥0.90 CN¥4.34 x
2008-12-31 CN¥1.01 CN¥4.34 x
2009-12-31 CN¥1.54 CN¥4.34 x
2010-12-31 CN¥1.54 CN¥4.34 x
2011-12-31 CN¥1.71 CN¥4.34 x
2012-12-31 CN¥1.82 CN¥4.34 x
2013-12-31 CN¥3.01 CN¥4.34 x
2014-12-31 CN¥2.61 CN¥4.34 x
2015-12-31 CN¥2.47 CN¥4.34 x
2016-12-31 CN¥2.30 CN¥4.34 x
2017-12-31 CN¥4.86 CN¥4.34 x
2018-12-31 CN¥4.89 CN¥4.34 x
2019-12-31 CN¥2.64 CN¥4.34 x
2020-12-31 CN¥2.67 CN¥4.34 x
2021-12-31 CN¥2.68 CN¥4.34 x
2022-12-31 CN¥2.68 CN¥4.34 x
2023-12-31 CN¥3.19 CN¥4.34 x
2024-12-31 CN¥2.83 CN¥4.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jinxi Axle 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): 0.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.76%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 1.23x
  • Recent ROE (0.71%) is below the historical average (5.65%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 13.45% 10.01% 0.75x 1.80x CN¥3.86 Million
2002 16.78% 12.95% 0.71x 1.83x CN¥8.13 Million
2003 16.44% 10.92% 0.80x 1.89x CN¥8.00 Million
2004 5.66% 9.00% 0.50x 1.26x CN¥-16.38 Million
2005 6.15% 8.66% 0.55x 1.30x CN¥-15.14 Million
2006 11.55% 5.92% 1.09x 1.79x CN¥6.74 Million
2007 12.60% 5.76% 1.19x 1.84x CN¥12.50 Million
2008 14.02% 4.82% 1.41x 2.06x CN¥21.76 Million
2009 2.71% 2.41% 0.75x 1.50x CN¥-97.84 Million
2010 3.15% 2.52% 0.84x 1.49x CN¥-95.20 Million
2011 6.70% 4.61% 0.90x 1.62x CN¥-49.16 Million
2012 7.64% 4.47% 1.09x 1.57x CN¥-37.77 Million
2013 3.87% 4.04% 0.72x 1.33x CN¥-180.80 Million
2014 4.60% 5.61% 0.59x 1.40x CN¥-164.66 Million
2015 3.24% 5.01% 0.52x 1.25x CN¥-209.97 Million
2016 0.87% 2.80% 0.26x 1.19x CN¥-283.48 Million
2017 0.54% 1.24% 0.35x 1.23x CN¥-295.30 Million
2018 1.14% 2.60% 0.35x 1.24x CN¥-278.71 Million
2019 1.88% 4.18% 0.37x 1.23x CN¥-258.93 Million
2020 0.63% 1.78% 0.29x 1.21x CN¥-302.71 Million
2021 0.33% 0.90% 0.30x 1.24x CN¥-312.54 Million
2022 0.32% 0.84% 0.32x 1.22x CN¥-313.37 Million
2023 0.63% 1.59% 0.32x 1.22x CN¥-304.65 Million
2024 0.71% 1.76% 0.33x 1.23x CN¥-303.00 Million

Industry Comparison

This section compares Jinxi Axle Co Ltd's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $1,282,320,487
  • Average return on equity (ROE) among peers: 3.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jinxi Axle Co Ltd (600495) CN¥3.26 Billion 13.45% 0.23x $767.30 Million
China High-Speed Railway Technology (000008) $3.11 Billion -17.54% 2.20x $1.12 Billion
Nanjing Zhongbei Group Co Ltd (000421) $413.58 Million 6.58% 0.68x $530.39 Million
Ningxia Western Venture Industrial Co Ltd (000557) $573.29 Million -23.69% 3.19x $1.00 Billion
Vontron Technology Co Ltd (000920) $566.70 Million 10.07% 0.21x $821.61 Million
China Railway Materials Co Ltd (000927) $1.66 Billion 30.22% 2.33x $2.55 Billion
HeNan Splendor Science & Technology Co Ltd (002296) $626.56 Million 13.68% 0.19x $678.39 Million
Sichuan Fulin Transportation Group Co Ltd (002357) $1.21 Billion 3.10% 1.15x $566.99 Million
Tianjin Keyvia Electric Co Ltd (300407) $798.47 Million 8.73% 0.44x $637.85 Million
Chengdu Yunda Technology Co Ltd (300440) $1.38 Billion 2.95% 0.85x $1.24 Billion
Zhejiang Tiantie Industry Co Ltd (300587) $2.48 Billion 0.61% 1.32x $1.23 Billion

About Jinxi Axle Co Ltd

SHG:600495 China Railroads
Market Cap
$767.30 Million
CN¥5.24 Billion CNY
Market Cap Rank
#10476 Global
#3064 in China
Share Price
CN¥4.34
Change (1 day)
+1.40%
52-Week Range
CN¥4.11 - CN¥6.16
All Time High
CN¥12.62
About

Jinxi Axle Company Limited engages in the research, development, and manufacturing of railway vehicles and related accessories, precision forging, and precision casting products in China. The company offers railway equipment, such as axle, railway car, and bogie; integrated urban sewage treatment machine; and perforated grille; waste incineration feeder; and10,000-ton sewage treatment equipment; … Read more