Jiangsu Zhongtian Technology Co Ltd
Jiangsu Zhongtian Technology Co., Ltd. produces and sells electrical machinery and equipment for the communications, electric power, marine, new energy, marine engineering construction, and other business sectors in China and internationally. It provides telecommunication products, including PON, optical fiber cables, Fttx, coaxial cables, and antennas; submarine cables, submarine fiber optic cab… Read more
Jiangsu Zhongtian Technology Co Ltd (600522) - Net Assets
Latest net assets as of September 2025: CN¥37.54 Billion CNY
Based on the latest financial reports, Jiangsu Zhongtian Technology Co Ltd (600522) has net assets worth CN¥37.54 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥63.09 Billion) and total liabilities (CN¥25.55 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¥37.54 Billion |
| % of Total Assets | 59.51% |
| Annual Growth Rate | 24.17% |
| 5-Year Change | 47.66% |
| 10-Year Change | 244.72% |
| Growth Volatility | 42.69 |
Jiangsu Zhongtian Technology Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Jiangsu Zhongtian Technology 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 Zhongtian Technology Co Ltd (1999–2024)
The table below shows the annual net assets of Jiangsu Zhongtian Technology Co Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥35.82 Billion | +3.43% |
| 2023-12-31 | CN¥34.63 Billion | +10.62% |
| 2022-12-31 | CN¥31.30 Billion | +12.85% |
| 2021-12-31 | CN¥27.74 Billion | +14.36% |
| 2020-12-31 | CN¥24.26 Billion | +12.87% |
| 2019-12-31 | CN¥21.49 Billion | +10.32% |
| 2018-12-31 | CN¥19.48 Billion | +9.65% |
| 2017-12-31 | CN¥17.76 Billion | +46.90% |
| 2016-12-31 | CN¥12.09 Billion | +16.40% |
| 2015-12-31 | CN¥10.39 Billion | +27.87% |
| 2014-12-31 | CN¥8.13 Billion | +47.24% |
| 2013-12-31 | CN¥5.52 Billion | +15.73% |
| 2012-12-31 | CN¥4.77 Billion | +4.44% |
| 2011-12-31 | CN¥4.57 Billion | +61.07% |
| 2010-12-31 | CN¥2.83 Billion | +19.75% |
| 2009-12-31 | CN¥2.37 Billion | +132.78% |
| 2008-12-31 | CN¥1.02 Billion | +18.37% |
| 2007-12-31 | CN¥859.06 Million | +17.66% |
| 2006-12-31 | CN¥730.12 Million | +5.88% |
| 2005-12-31 | CN¥689.60 Million | +9.96% |
| 2004-12-31 | CN¥627.12 Million | +5.46% |
| 2003-12-31 | CN¥594.64 Million | +2.38% |
| 2002-12-31 | CN¥580.81 Million | +190.31% |
| 2001-12-31 | CN¥200.07 Million | +32.45% |
| 2000-12-31 | CN¥151.05 Million | -5.52% |
| 1999-12-31 | CN¥159.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Zhongtian Technology 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 120097.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥18.46 Billion | 52.76% |
| Common Stock | CN¥3.41 Billion | 9.75% |
| Other Comprehensive Income | CN¥2.32 Billion | 6.64% |
| Other Components | CN¥10.80 Billion | 30.85% |
| Total Equity | CN¥34.99 Billion | 100.00% |
Jiangsu Zhongtian Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Zhongtian Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPX Corp
NYSE:SPXC
|
$9.10 Billion |
|
Baoshan Iron & Steel Co Ltd
SHG:600019
|
$9.12 Billion |
|
Continental Aktiengesellschaft
PINK:CTTAF
|
$9.13 Billion |
|
Adani Power Limited
NSE:ADANIPOWER
|
$9.13 Billion |
|
CP ALL Public Company Limited
PINK:CVPBF
|
$9.06 Billion |
|
Equinox Gold Corp
NYSE MKT:EQX
|
$9.05 Billion |
|
Mitsui O.S.K. Lines Ltd
F:MILA
|
$9.05 Billion |
|
Telecom Italia S.p.A. RNC
LSE:0GA3
|
$9.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Zhongtian Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,159,071,877 to 34,994,172,000, a change of 1,835,100,123 (5.5%).
- Net income of 2,837,919,000 contributed positively to equity growth.
- Dividend payments of 882,201,122 reduced retained earnings.
- Share repurchases of 24,051,861 reduced equity.
- Other comprehensive income increased equity by 2,321,890,000.
- Other factors decreased equity by 2,418,455,894.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.84 Billion | +8.11% |
| Dividends Paid | CN¥882.20 Million | -2.52% |
| Share Repurchases | CN¥24.05 Million | -0.07% |
| Other Comprehensive Income | CN¥2.32 Billion | +6.64% |
| Other Changes | CN¥-2.42 Billion | -6.91% |
| Total Change | CN¥- | 5.53% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Zhongtian Technology 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: 2.51x
- 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 196.48x to 2.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CN¥0.13 | CN¥25.70 | x |
| 2000-12-31 | CN¥0.12 | CN¥25.70 | x |
| 2001-12-31 | CN¥0.15 | CN¥25.70 | x |
| 2002-12-31 | CN¥0.46 | CN¥25.70 | x |
| 2003-12-31 | CN¥0.46 | CN¥25.70 | x |
| 2004-12-31 | CN¥0.47 | CN¥25.70 | x |
| 2005-12-31 | CN¥0.49 | CN¥25.70 | x |
| 2006-12-31 | CN¥0.52 | CN¥25.70 | x |
| 2007-12-31 | CN¥0.60 | CN¥25.70 | x |
| 2008-12-31 | CN¥0.72 | CN¥25.70 | x |
| 2009-12-31 | CN¥1.54 | CN¥25.70 | x |
| 2010-12-31 | CN¥1.81 | CN¥25.70 | x |
| 2011-12-31 | CN¥4.96 | CN¥25.70 | x |
| 2012-12-31 | CN¥2.56 | CN¥25.70 | x |
| 2013-12-31 | CN¥2.97 | CN¥25.70 | x |
| 2014-12-31 | CN¥3.58 | CN¥25.70 | x |
| 2015-12-31 | CN¥4.10 | CN¥25.70 | x |
| 2016-12-31 | CN¥4.57 | CN¥25.70 | x |
| 2017-12-31 | CN¥5.82 | CN¥25.70 | x |
| 2018-12-31 | CN¥6.29 | CN¥25.70 | x |
| 2019-12-31 | CN¥6.78 | CN¥25.70 | x |
| 2020-12-31 | CN¥7.23 | CN¥25.70 | x |
| 2021-12-31 | CN¥7.89 | CN¥25.70 | x |
| 2022-12-31 | CN¥8.79 | CN¥25.70 | x |
| 2023-12-31 | CN¥9.71 | CN¥25.70 | x |
| 2024-12-31 | CN¥10.26 | CN¥25.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Zhongtian Technology 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): 8.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.91%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.67x
- Recent ROE (8.11%) is below the historical average (10.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 25.84% | 18.36% | 0.70x | 2.02x | CN¥25.32 Million |
| 2000 | 23.46% | 11.69% | 0.85x | 2.37x | CN¥20.34 Million |
| 2001 | 20.01% | 7.00% | 1.22x | 2.34x | CN¥18.87 Million |
| 2002 | 7.09% | 9.61% | 0.50x | 1.49x | CN¥-16.33 Million |
| 2003 | 0.22% | 0.41% | 0.33x | 1.68x | CN¥-55.01 Million |
| 2004 | 2.75% | 2.66% | 0.51x | 2.03x | CN¥-42.03 Million |
| 2005 | 3.90% | 3.28% | 0.51x | 2.31x | CN¥-36.90 Million |
| 2006 | 5.50% | 3.10% | 0.59x | 3.04x | CN¥-28.65 Million |
| 2007 | 11.51% | 4.24% | 0.91x | 2.99x | CN¥11.04 Million |
| 2008 | 16.62% | 5.01% | 1.02x | 3.24x | CN¥58.15 Million |
| 2009 | 15.73% | 9.05% | 0.77x | 2.24x | CN¥122.84 Million |
| 2010 | 16.77% | 10.05% | 0.76x | 2.18x | CN¥176.31 Million |
| 2011 | 8.11% | 7.23% | 0.71x | 1.59x | CN¥-82.17 Million |
| 2012 | 9.36% | 7.25% | 0.74x | 1.75x | CN¥-28.93 Million |
| 2013 | 10.04% | 7.78% | 0.75x | 1.71x | CN¥2.29 Million |
| 2014 | 8.86% | 7.30% | 0.81x | 1.50x | CN¥-89.76 Million |
| 2015 | 9.64% | 5.98% | 1.05x | 1.53x | CN¥-37.03 Million |
| 2016 | 13.30% | 7.52% | 1.03x | 1.71x | CN¥393.87 Million |
| 2017 | 10.13% | 6.58% | 1.01x | 1.52x | CN¥22.08 Million |
| 2018 | 11.01% | 6.25% | 1.06x | 1.66x | CN¥194.17 Million |
| 2019 | 9.23% | 5.05% | 0.97x | 1.89x | CN¥-164.35 Million |
| 2020 | 9.69% | 5.41% | 0.89x | 2.01x | CN¥-71.97 Million |
| 2021 | 0.68% | 0.39% | 1.02x | 1.69x | CN¥-2.51 Billion |
| 2022 | 10.71% | 7.98% | 0.83x | 1.62x | CN¥214.13 Million |
| 2023 | 9.40% | 6.92% | 0.82x | 1.65x | CN¥-199.33 Million |
| 2024 | 8.11% | 5.91% | 0.82x | 1.67x | CN¥-661.50 Million |
Industry Comparison
This section compares Jiangsu Zhongtian Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,953,840,003
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zhongtian Technology Co Ltd (600522) | CN¥37.54 Billion | 25.84% | 0.68x | $9.07 Billion |
| XJ Electric Co Ltd (000400) | $1.86 Billion | 9.08% | 0.66x | $2.46 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $880.32 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $3.09 Billion | 8.60% | 0.21x | $671.33 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $194.12 Million | 25.93% | 1.72x | $358.75 Million |
| Huagong Tech Co Ltd (000988) | $6.25 Billion | 8.04% | 0.54x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $476.40 Million | 11.31% | 1.40x | $825.08 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $6.27 Billion | 13.38% | 0.48x | $1.54 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $915.55 Million | 12.10% | 0.81x | $189.29 Million |
| Sieyuan Electric Co Ltd (002028) | $9.44 Billion | 12.93% | 0.66x | $14.08 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $173.24 Million | -9.95% | 0.83x | $209.09 Million |