Jiangxi Changyun Co Ltd
Jiangxi Changyun Co., Ltd. provides passenger road transportation services in China. It constructs road passenger transport, passenger stations, as well as maintains operations; and provides logistics, tourism, car rental, and property management services. The company operates 77 passenger stations, 7,014 vehicles, and 1,400 operating routes. Jiangxi Changyun Co., Ltd., was formerly known as the … Read more
Jiangxi Changyun Co Ltd (600561) - Net Assets
Latest net assets as of September 2025: CN¥1.13 Billion CNY
Based on the latest financial reports, Jiangxi Changyun Co Ltd (600561) has net assets worth CN¥1.13 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¥4.50 Billion) and total liabilities (CN¥3.38 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¥1.13 Billion |
| % of Total Assets | 25.04% |
| Annual Growth Rate | 10.79% |
| 5-Year Change | -20.06% |
| 10-Year Change | -38.55% |
| Growth Volatility | 30.26 |
Jiangxi Changyun Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Jiangxi Changyun 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 Jiangxi Changyun Co Ltd (1999–2024)
The table below shows the annual net assets of Jiangxi Changyun Co Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.14 Billion | -0.36% |
| 2023-12-31 | CN¥1.14 Billion | -6.22% |
| 2022-12-31 | CN¥1.22 Billion | -12.79% |
| 2021-12-31 | CN¥1.40 Billion | -1.91% |
| 2020-12-31 | CN¥1.43 Billion | -5.31% |
| 2019-12-31 | CN¥1.51 Billion | -14.40% |
| 2018-12-31 | CN¥1.76 Billion | -2.17% |
| 2017-12-31 | CN¥1.80 Billion | +1.83% |
| 2016-12-31 | CN¥1.77 Billion | -4.80% |
| 2015-12-31 | CN¥1.85 Billion | +7.10% |
| 2014-12-31 | CN¥1.73 Billion | +7.58% |
| 2013-12-31 | CN¥1.61 Billion | +58.16% |
| 2012-12-31 | CN¥1.02 Billion | +5.82% |
| 2011-12-31 | CN¥961.79 Million | +26.82% |
| 2010-12-31 | CN¥758.37 Million | +13.40% |
| 2009-12-31 | CN¥668.74 Million | +17.47% |
| 2008-12-31 | CN¥569.30 Million | +7.40% |
| 2007-12-31 | CN¥530.05 Million | +4.53% |
| 2006-12-31 | CN¥507.10 Million | +28.05% |
| 2005-12-31 | CN¥396.02 Million | +11.78% |
| 2004-12-31 | CN¥354.28 Million | +8.33% |
| 2003-12-31 | CN¥327.03 Million | +20.31% |
| 2002-12-31 | CN¥271.83 Million | +143.14% |
| 2001-12-31 | CN¥111.80 Million | +12.64% |
| 2000-12-31 | CN¥99.25 Million | +12.81% |
| 1999-12-31 | CN¥87.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Changyun 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 4244.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥284.48 Million | 31.13% |
| Other Components | CN¥843.81 Million | 92.34% |
| Total Equity | CN¥913.78 Million | 100.00% |
Jiangxi Changyun Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangxi Changyun Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AFC Ajax NV
AS:AJAX
|
$160.71 Million |
|
MPHB Capital Bhd
KLSE:5237
|
$160.75 Million |
|
51Talk Online Education Group
NYSE MKT:COE
|
$160.78 Million |
|
China MeiDong Auto Holdings Limited
PINK:CMEIF
|
$160.87 Million |
|
KGI Securities (Thailand) Public Company Limited
BK:KGI
|
$160.61 Million |
|
SALTLUX.inc
KQ:304100
|
$160.57 Million |
|
Everest Consolidator Acquisition Corporation
NYSE:MNTN-UN
|
$160.53 Million |
|
Guangdong New Grand Long Packing Co Ltd
SHE:002836
|
$160.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Changyun Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 898,120,000 to 913,784,000, a change of 15,664,000 (1.7%).
- Net income of 11,032,000 contributed positively to equity growth.
- Dividend payments of 53,914,000 reduced retained earnings.
- Other factors increased equity by 58,546,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥11.03 Million | +1.21% |
| Dividends Paid | CN¥53.91 Million | -5.9% |
| Other Changes | CN¥58.55 Million | +6.41% |
| Total Change | CN¥- | 1.74% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Changyun 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: 2.13x
- 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 14.61x to 2.13x 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¥0.48 | CN¥7.06 | x |
| 2000-12-31 | CN¥0.53 | CN¥7.06 | x |
| 2001-12-31 | CN¥0.60 | CN¥7.06 | x |
| 2002-12-31 | CN¥1.43 | CN¥7.06 | x |
| 2003-12-31 | CN¥1.60 | CN¥7.06 | x |
| 2004-12-31 | CN¥1.71 | CN¥7.06 | x |
| 2005-12-31 | CN¥1.85 | CN¥7.06 | x |
| 2006-12-31 | CN¥2.32 | CN¥7.06 | x |
| 2007-12-31 | CN¥2.41 | CN¥7.06 | x |
| 2008-12-31 | CN¥2.68 | CN¥7.06 | x |
| 2009-12-31 | CN¥3.13 | CN¥7.06 | x |
| 2010-12-31 | CN¥3.58 | CN¥7.06 | x |
| 2011-12-31 | CN¥4.14 | CN¥7.06 | x |
| 2012-12-31 | CN¥4.52 | CN¥7.06 | x |
| 2013-12-31 | CN¥6.28 | CN¥7.06 | x |
| 2014-12-31 | CN¥6.27 | CN¥7.06 | x |
| 2015-12-31 | CN¥6.49 | CN¥7.06 | x |
| 2016-12-31 | CN¥5.87 | CN¥7.06 | x |
| 2017-12-31 | CN¥6.23 | CN¥7.06 | x |
| 2018-12-31 | CN¥6.21 | CN¥7.06 | x |
| 2019-12-31 | CN¥4.95 | CN¥7.06 | x |
| 2020-12-31 | CN¥4.19 | CN¥7.06 | x |
| 2021-12-31 | CN¥3.89 | CN¥7.06 | x |
| 2022-12-31 | CN¥3.36 | CN¥7.06 | x |
| 2023-12-31 | CN¥3.17 | CN¥7.06 | x |
| 2024-12-31 | CN¥3.31 | CN¥7.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Changyun 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): 1.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.71%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 5.03x
- Recent ROE (1.21%) is below the historical average (5.73%), 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 | 16.96% | 27.80% | 0.31x | 1.96x | CN¥6.11 Million |
| 2000 | 18.85% | 24.41% | 0.34x | 2.27x | CN¥8.54 Million |
| 2001 | 20.15% | 18.10% | 0.50x | 2.22x | CN¥11.07 Million |
| 2002 | 11.04% | 18.74% | 0.33x | 1.81x | CN¥2.70 Million |
| 2003 | 10.59% | 15.42% | 0.37x | 1.86x | CN¥1.73 Million |
| 2004 | 10.87% | 11.11% | 0.45x | 2.16x | CN¥2.69 Million |
| 2005 | 11.66% | 9.81% | 0.54x | 2.22x | CN¥5.60 Million |
| 2006 | 6.04% | 4.74% | 0.50x | 2.54x | CN¥-16.65 Million |
| 2007 | 12.44% | 8.00% | 0.56x | 2.79x | CN¥11.02 Million |
| 2008 | 13.07% | 7.17% | 0.59x | 3.10x | CN¥15.06 Million |
| 2009 | 15.66% | 9.26% | 0.63x | 2.69x | CN¥33.20 Million |
| 2010 | 17.02% | 9.16% | 0.66x | 2.80x | CN¥46.97 Million |
| 2011 | 16.44% | 6.55% | 0.64x | 3.93x | CN¥49.20 Million |
| 2012 | 15.25% | 5.89% | 0.61x | 4.21x | CN¥44.05 Million |
| 2013 | 9.87% | 5.46% | 0.59x | 3.09x | CN¥-1.73 Million |
| 2014 | 10.05% | 5.73% | 0.60x | 2.93x | CN¥796.10K |
| 2015 | 5.09% | 3.14% | 0.42x | 3.84x | CN¥-74.55 Million |
| 2016 | -6.99% | -3.73% | 0.41x | 4.57x | CN¥-237.32 Million |
| 2017 | 1.44% | 0.72% | 0.41x | 4.92x | CN¥-120.52 Million |
| 2018 | 1.77% | 0.96% | 0.43x | 4.34x | CN¥-116.80 Million |
| 2019 | -20.42% | -9.94% | 0.39x | 5.23x | CN¥-357.21 Million |
| 2020 | -28.42% | -16.95% | 0.32x | 5.26x | CN¥-420.11 Million |
| 2021 | 1.04% | 0.63% | 0.35x | 4.68x | CN¥-99.13 Million |
| 2022 | -15.46% | -10.19% | 0.30x | 5.00x | CN¥-243.57 Million |
| 2023 | -6.31% | -3.68% | 0.35x | 4.93x | CN¥-146.51 Million |
| 2024 | 1.21% | 0.71% | 0.34x | 5.03x | CN¥-80.35 Million |
Industry Comparison
This section compares Jiangxi Changyun Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,677,457,496
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Changyun Co Ltd (600561) | CN¥1.13 Billion | 16.96% | 2.99x | $160.64 Million |
| China High-Speed Railway Technology (000008) | $540.83 Million | 7.24% | 0.13x | $619.07 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $545.89 Million | 18.19% | 3.34x | $269.49 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-280.00 Million | 0.00% | 0.00x | $573.05 Million |
| Vontron Technology Co Ltd (000920) | $120.66 Million | 30.91% | 1.29x | $402.70 Million |
| China Railway Materials Co Ltd (000927) | $3.21 Billion | -14.95% | 1.55x | $782.90 Million |
| China Railway Special Cargo Logistics Co. Ltd. (001213) | $17.98 Billion | 2.17% | 0.09x | $419.62 Million |
| Changzhou Evergreen Technology Co. Ltd. A (001324) | $1.09 Billion | 6.59% | 0.24x | $169.48 Million |
| HeNan Splendor Science & Technology Co Ltd (002296) | $723.83 Million | 13.20% | 0.36x | $539.03 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.39 Billion | 4.26% | 0.96x | $441.62 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $387.27 Million |