JCET Group Co Ltd (600584) - Net Assets

Latest as of March 2026: CN¥31.37 Billion CNY ≈ $4.59 Billion USD

Based on the latest financial reports, JCET Group Co Ltd (600584) has net assets worth CN¥31.37 Billion CNY (≈ $4.59 Billion 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¥55.05 Billion ≈ $8.05 Billion USD) and total liabilities (CN¥23.67 Billion ≈ $3.46 Billion 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 how tangible is JCET Group Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥31.37 Billion
% of Total Assets	56.99%
Annual Growth Rate	24.11%
5-Year Change	48.99%
10-Year Change	368.92%
Growth Volatility	39.05

JCET Group Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how JCET Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See JCET Group Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for JCET Group Co Ltd (2000–2025)

The table below shows the annual net assets of JCET Group Co Ltd from 2000 to 2025. For live valuation and market cap data, see JCET Group Co Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥31.29 Billion ≈ $4.58 Billion	+5.91%
2024-12-31	CN¥29.54 Billion ≈ $4.32 Billion	+12.97%
2023-12-31	CN¥26.15 Billion ≈ $3.83 Billion	+6.12%
2022-12-31	CN¥24.64 Billion ≈ $3.61 Billion	+17.35%
2021-12-31	CN¥21.00 Billion ≈ $3.07 Billion	+56.60%
2020-12-31	CN¥13.41 Billion ≈ $1.96 Billion	+6.10%
2019-12-31	CN¥12.64 Billion ≈ $1.85 Billion	+2.79%
2018-12-31	CN¥12.30 Billion ≈ $1.80 Billion	+28.37%
2017-12-31	CN¥9.58 Billion ≈ $1.40 Billion	+43.54%
2016-12-31	CN¥6.67 Billion ≈ $976.37 Million	-0.25%
2015-12-31	CN¥6.69 Billion ≈ $978.83 Million	+66.35%
2014-12-31	CN¥4.02 Billion ≈ $588.42 Million	+52.32%
2013-12-31	CN¥2.64 Billion ≈ $386.30 Million	+1.71%
2012-12-31	CN¥2.60 Billion ≈ $379.81 Million	+1.52%
2011-12-31	CN¥2.56 Billion ≈ $374.14 Million	+1.26%
2010-12-31	CN¥2.53 Billion ≈ $369.49 Million	+41.57%
2009-12-31	CN¥1.78 Billion ≈ $261.00 Million	+1.46%
2008-12-31	CN¥1.76 Billion ≈ $257.25 Million	+4.75%
2007-12-31	CN¥1.68 Billion ≈ $245.58 Million	+90.14%
2006-12-31	CN¥882.61 Million ≈ $129.15 Million	+11.02%
2005-12-31	CN¥794.97 Million ≈ $116.33 Million	+6.16%
2004-12-31	CN¥748.84 Million ≈ $109.58 Million	+12.20%
2003-12-31	CN¥667.42 Million ≈ $97.66 Million	+180.74%
2002-12-31	CN¥237.73 Million ≈ $34.79 Million	+25.76%
2001-12-31	CN¥189.03 Million ≈ $27.66 Million	+33.77%
2000-12-31	CN¥141.31 Million ≈ $20.68 Million	--

Equity Component Analysis

This analysis shows how different components contribute to JCET Group 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 228211.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥10.81 Billion	37.71%
Other Components	CN¥17.86 Billion	62.29%
Total Equity	CN¥28.67 Billion	100.00%

JCET Group Co Ltd Competitors by Market Cap

The table below lists competitors of JCET Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Credicorp Ltd F:D8V	$21.75 Billion
Northern Star Resources Ltd AU:NST	$21.75 Billion
Banco Do Brasil SA F:BZLA	$21.76 Billion
Sieyuan Electric Co Ltd SHE:002028	$21.78 Billion
Rollins Inc NYSE:ROL	$21.65 Billion
Zhen Ding Technology Holding Ltd TW:4958	$21.65 Billion
YPF S.A. D BA:YPFD	$21.62 Billion
EAST JP RAILW. ADR 1/6 F:EJR0	$21.61 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 27,618,582,589 to 28,671,164,117, a change of 1,052,581,528 (3.8%).
Net income of 1,565,238,036 contributed positively to equity growth.
Dividend payments of 595,540,351 reduced retained earnings.
Other comprehensive income decreased equity by 535,420,806.
Other factors increased equity by 618,304,648.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.57 Billion	+5.46%
Dividends Paid	CN¥595.54 Million	-2.08%
Other Comprehensive Income	CN¥-535.42 Million	-1.87%
Other Changes	CN¥618.30 Million	+2.16%
Total Change	CN¥-	3.81%

Book Value vs Market Value Analysis

This analysis compares JCET Group 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: 5.18x
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 487.69x to 5.18x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CN¥0.17	CN¥83.03	x
2001-12-31	CN¥0.23	CN¥83.03	x
2002-12-31	CN¥0.29	CN¥83.03	x
2003-12-31	CN¥0.84	CN¥83.03	x
2004-12-31	CN¥0.89	CN¥83.03	x
2005-12-31	CN¥0.94	CN¥83.03	x
2006-12-31	CN¥1.28	CN¥83.03	x
2007-12-31	CN¥1.93	CN¥83.03	x
2008-12-31	CN¥1.96	CN¥83.03	x
2009-12-31	CN¥2.15	CN¥83.03	x
2010-12-31	CN¥3.11	CN¥83.03	x
2011-12-31	CN¥2.87	CN¥83.03	x
2012-12-31	CN¥2.33	CN¥83.03	x
2013-12-31	CN¥2.19	CN¥83.03	x
2014-12-31	CN¥4.32	CN¥83.03	x
2015-12-31	CN¥4.14	CN¥83.03	x
2016-12-31	CN¥4.32	CN¥83.03	x
2017-12-31	CN¥7.70	CN¥83.03	x
2018-12-31	CN¥8.51	CN¥83.03	x
2019-12-31	CN¥7.88	CN¥83.03	x
2020-12-31	CN¥8.36	CN¥83.03	x
2021-12-31	CN¥12.20	CN¥83.03	x
2022-12-31	CN¥13.85	CN¥83.03	x
2023-12-31	CN¥14.53	CN¥83.03	x
2024-12-31	CN¥15.44	CN¥83.03	x
2025-12-31	CN¥16.02	CN¥83.03	x

Capital Efficiency Dashboard

This dashboard shows how efficiently JCET Group 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): 5.46%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.03%
• Asset Turnover: 0.70x
• Equity Multiplier: 1.94x
Recent ROE (5.46%) is below the historical average (7.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	25.39%	7.92%	0.97x	3.30x	CN¥20.55 Million
2001	25.72%	8.03%	0.96x	3.32x	CN¥28.26 Million
2002	21.19%	7.12%	0.94x	3.18x	CN¥25.52 Million
2003	6.66%	4.89%	0.57x	2.40x	CN¥-21.97 Million
2004	7.01%	4.12%	0.51x	3.31x	CN¥-20.82 Million
2005	7.45%	3.72%	0.61x	3.31x	CN¥-18.74 Million
2006	11.13%	4.62%	0.68x	3.55x	CN¥9.17 Million
2007	8.92%	6.11%	0.52x	2.81x	CN¥-17.18 Million
2008	5.67%	3.91%	0.51x	2.84x	CN¥-71.06 Million
2009	1.39%	0.98%	0.50x	2.85x	CN¥-143.27 Million
2010	8.67%	5.74%	0.77x	1.97x	CN¥-31.74 Million
2011	2.79%	1.79%	0.63x	2.49x	CN¥-173.92 Million
2012	0.43%	0.23%	0.63x	2.89x	CN¥-231.87 Million
2013	0.46%	0.22%	0.67x	3.12x	CN¥-232.11 Million
2014	4.16%	2.44%	0.59x	2.90x	CN¥-219.72 Million
2015	1.21%	0.48%	0.42x	5.93x	CN¥-378.82 Million
2016	2.31%	0.56%	0.64x	6.47x	CN¥-353.13 Million
2017	3.64%	1.44%	0.78x	3.25x	CN¥-601.16 Million
2018	-7.64%	-3.94%	0.69x	2.80x	CN¥-2.17 Billion
2019	0.70%	0.38%	0.70x	2.66x	CN¥-1.17 Billion
2020	9.73%	4.93%	0.82x	2.41x	CN¥-35.58 Million
2021	14.10%	9.70%	0.82x	1.77x	CN¥859.60 Million
2022	13.11%	9.57%	0.86x	1.60x	CN¥766.71 Million
2023	5.64%	4.96%	0.70x	1.63x	CN¥-1.14 Billion
2024	5.83%	4.48%	0.67x	1.96x	CN¥-1.15 Billion
2025	5.46%	4.03%	0.70x	1.94x	CN¥-1.30 Billion

Industry Comparison

This section compares JCET Group Co Ltd's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

Industry: Semiconductors
Average net assets among peers: $758,137,872
Average return on equity (ROE) among peers: 7.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
JCET Group Co Ltd (600584)	CN¥31.37 Billion	25.39%	0.75x	$21.74 Billion
UniTTEC Co Ltd (000925)	$3.09 Billion	1.86%	1.43x	$807.63 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$87.45 Million	17.73%	0.92x	$9.99 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057)	$238.46 Million	1.47%	0.52x	$1.34 Billion
Suzhou Good-Ark Electronics Co Ltd (002079)	$150.59 Million	29.58%	0.75x	$1.83 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$552.98 Million	1.15%	0.72x	$1.90 Billion
Tianjin Printronics Circuit Corp (002134)	$609.67 Million	-14.49%	0.33x	$1.09 Billion
Tatwah Smartech Co Ltd (002512)	$318.94 Million	-63.28%	6.24x	$640.43 Million
Chutian Dragon Co Ltd (003040)	$916.47 Million	6.34%	0.58x	$791.53 Million
Jiangsu Huasheng Tianlong Photo (300029)	$63.06 Million	81.02%	3.66x	$5.87 Million
Nations Technologies Inc (300077)	$1.55 Billion	14.11%	0.72x	$1.99 Billion

About JCET Group Co Ltd

SHG:600584 China Semiconductors

Market Cap

$21.74 Billion

CN¥148.58 Billion CNY

Market Cap Rank

#1206 Global

#100 in China

Share Price

CN¥83.03

Change (1 day)

+1.55%

52-Week Range

CN¥31.54 - CN¥88.19

All Time High

CN¥88.19