JCET Group Co Ltd (600584) - Net Assets
Based on the latest financial reports, JCET Group Co Ltd (600584) has net assets worth CN¥31.29 Billion CNY (≈ $4.58 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥55.52 Billion ≈ $8.12 Billion USD) and total liabilities (CN¥24.23 Billion ≈ $3.55 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 600584 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥31.29 Billion |
| % of Total Assets | 56.36% |
| Annual Growth Rate | 24.93% |
| 5-Year Change | 120.31% |
| 10-Year Change | 341.65% |
| Growth Volatility | 39.58 |
JCET Group Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how JCET Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600584 total assets for the complete picture of this company's asset base.
Annual Net Assets for JCET Group Co Ltd (2000–2024)
The table below shows the annual net assets of JCET Group Co Ltd from 2000 to 2024. For live valuation and market cap data, see JCET Group Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 204008.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.67 Billion | 35.00% |
| Common Stock | CN¥1.79 Billion | 6.48% |
| Other Comprehensive Income | CN¥535.42 Million | 1.94% |
| Other Components | CN¥15.63 Billion | 56.58% |
| Total Equity | CN¥27.62 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 |
|---|---|
|
National Bank of Greece S.A
AT:ETE
|
$11.93 Billion |
|
James Hardie Industries PLC ADR
NYSE:JHX
|
$11.95 Billion |
|
KERRY GRP PLC ADR/1EO-12
F:KRZA
|
$11.95 Billion |
|
UDR Inc
NYSE:UDR
|
$11.96 Billion |
|
Medpace Holdings Inc
NASDAQ:MEDP
|
$11.92 Billion |
|
Mazagon Dock Shipbuilders Limited
NSE:MAZDOCK
|
$11.92 Billion |
|
Yunnan Chuangxin New Material Co Ltd
SHE:002812
|
$11.92 Billion |
|
Madrigal Pharmaceuticals Inc
NASDAQ:MDGL
|
$11.90 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 2023 to 2024, total equity changed from 26,065,635,116 to 27,618,582,589, a change of 1,552,947,473 (6.0%).
- Net income of 1,609,575,413 contributed positively to equity growth.
- Dividend payments of 579,799,000 reduced retained earnings.
- Other comprehensive income increased equity by 111,213,711.
- Other factors increased equity by 411,957,349.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.61 Billion | +5.83% |
| Dividends Paid | CN¥579.80 Million | -2.1% |
| Other Comprehensive Income | CN¥111.21 Million | +0.4% |
| Other Changes | CN¥411.96 Million | +1.49% |
| Total Change | CN¥- | 5.96% |
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: 2.95x
- 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 267.60x to 2.95x 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¥45.56 | x |
| 2001-12-31 | CN¥0.23 | CN¥45.56 | x |
| 2002-12-31 | CN¥0.29 | CN¥45.56 | x |
| 2003-12-31 | CN¥0.84 | CN¥45.56 | x |
| 2004-12-31 | CN¥0.89 | CN¥45.56 | x |
| 2005-12-31 | CN¥0.94 | CN¥45.56 | x |
| 2006-12-31 | CN¥1.28 | CN¥45.56 | x |
| 2007-12-31 | CN¥1.93 | CN¥45.56 | x |
| 2008-12-31 | CN¥1.96 | CN¥45.56 | x |
| 2009-12-31 | CN¥2.15 | CN¥45.56 | x |
| 2010-12-31 | CN¥3.11 | CN¥45.56 | x |
| 2011-12-31 | CN¥2.87 | CN¥45.56 | x |
| 2012-12-31 | CN¥2.33 | CN¥45.56 | x |
| 2013-12-31 | CN¥2.19 | CN¥45.56 | x |
| 2014-12-31 | CN¥4.32 | CN¥45.56 | x |
| 2015-12-31 | CN¥4.14 | CN¥45.56 | x |
| 2016-12-31 | CN¥4.32 | CN¥45.56 | x |
| 2017-12-31 | CN¥7.70 | CN¥45.56 | x |
| 2018-12-31 | CN¥8.51 | CN¥45.56 | x |
| 2019-12-31 | CN¥7.88 | CN¥45.56 | x |
| 2020-12-31 | CN¥8.36 | CN¥45.56 | x |
| 2021-12-31 | CN¥12.20 | CN¥45.56 | x |
| 2022-12-31 | CN¥13.85 | CN¥45.56 | x |
| 2023-12-31 | CN¥14.53 | CN¥45.56 | x |
| 2024-12-31 | CN¥15.44 | CN¥45.56 | 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): 5.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.48%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.96x
- Recent ROE (5.83%) is below the historical average (7.43%), 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 |
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: $2,095,615,821
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JCET Group Co Ltd (600584) | CN¥31.29 Billion | 25.39% | 0.77x | $11.93 Billion |
| UniTTEC Co Ltd (000925) | $1.22 Billion | 2.79% | 2.52x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $12.39 Billion | 9.51% | 0.40x | $9.61 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $245.66 Million | 4.18% | 0.78x | $1.06 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $501.66 Million | 7.47% | 0.41x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $629.45 Million | 7.50% | 0.73x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.37 Billion | 4.56% | 0.48x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.14 Billion | 5.99% | 0.16x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 9.56% | 0.85x | $1.97 Billion |
About JCET Group Co Ltd
JCET Group Co., Ltd., together with its subsidiaries, provides integrated-circuit manufacturing and technology services in China and internationally. The company offers semiconductor package integration design, wafer probing, bumping, assembly, final testing, and global drop shipment solutions; wirebond packaging, flip chip packaging, wafer bumping, wafer level packaging, system-in-package, MEMS … Read more