Shandong Jinjing Science and Technology Stock Co Ltd
Shandong Jinjing Science & Technology Stock Co.,Ltd, together with its subsidiaries, engages in the development, production, fabrication, and operation of glass, soda ash, and its derivatives in China and internationally. It operates through Glass Plate and Soda Ash Plate segments. The company offers ultra white glass, off-line coated glass, online coated glass, sun film glass, color glass, fire … Read more
Shandong Jinjing Science and Technology Stock Co Ltd (600586) - Net Assets
Latest net assets as of September 2025: CN¥5.53 Billion CNY
Based on the latest financial reports, Shandong Jinjing Science and Technology Stock Co Ltd (600586) has net assets worth CN¥5.53 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¥9.45 Billion) and total liabilities (CN¥3.92 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¥5.53 Billion |
| % of Total Assets | 58.49% |
| Annual Growth Rate | 17.97% |
| 5-Year Change | 32.37% |
| 10-Year Change | 42.9% |
| Growth Volatility | 54.91 |
Shandong Jinjing Science and Technology Stock Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Shandong Jinjing Science and Technology Stock 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 Shandong Jinjing Science and Technology Stock Co Ltd (1999–2024)
The table below shows the annual net assets of Shandong Jinjing Science and Technology Stock Co Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.88 Billion | -0.46% |
| 2023-12-31 | CN¥5.90 Billion | +8.63% |
| 2022-12-31 | CN¥5.43 Billion | -2.22% |
| 2021-12-31 | CN¥5.56 Billion | +25.20% |
| 2020-12-31 | CN¥4.44 Billion | +7.32% |
| 2019-12-31 | CN¥4.14 Billion | -3.31% |
| 2018-12-31 | CN¥4.28 Billion | -0.14% |
| 2017-12-31 | CN¥4.28 Billion | +3.35% |
| 2016-12-31 | CN¥4.15 Billion | +0.80% |
| 2015-12-31 | CN¥4.11 Billion | +0.98% |
| 2014-12-31 | CN¥4.07 Billion | -3.17% |
| 2013-12-31 | CN¥4.21 Billion | +2.21% |
| 2012-12-31 | CN¥4.11 Billion | -8.78% |
| 2011-12-31 | CN¥4.51 Billion | +62.71% |
| 2010-12-31 | CN¥2.77 Billion | +13.97% |
| 2009-12-31 | CN¥2.43 Billion | +4.62% |
| 2008-12-31 | CN¥2.33 Billion | +4.98% |
| 2007-12-31 | CN¥2.21 Billion | +196.11% |
| 2006-12-31 | CN¥748.01 Million | +17.96% |
| 2005-12-31 | CN¥634.13 Million | -6.11% |
| 2004-12-31 | CN¥675.40 Million | +17.50% |
| 2003-12-31 | CN¥574.83 Million | +11.03% |
| 2002-12-31 | CN¥517.74 Million | +211.61% |
| 2001-12-31 | CN¥166.15 Million | +37.90% |
| 2000-12-31 | CN¥120.48 Million | +27.73% |
| 1999-12-31 | CN¥94.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Jinjing Science and Technology Stock 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 26794.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.46 Billion | 42.19% |
| Common Stock | CN¥1.43 Billion | 24.53% |
| Other Comprehensive Income | CN¥341.54 Million | 5.86% |
| Other Components | CN¥1.60 Billion | 27.42% |
| Total Equity | CN¥5.82 Billion | 100.00% |
Shandong Jinjing Science and Technology Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Jinjing Science and Technology Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877
|
$799.89 Million |
|
Greencoat Renewables PLC
IR:GRP
|
$799.97 Million |
|
Guangzhou KingTeller Technology Co Ltd
SHE:002177
|
$799.98 Million |
|
Datang Telecom Technology Co Ltd
SHG:600198
|
$800.33 Million |
|
CMST Development Co Ltd
SHG:600787
|
$799.78 Million |
|
Acom Co. Ltd
PINK:ACJJF
|
$799.50 Million |
|
Zhejiang Taotao Vehicles Co. Ltd. A
SHE:301345
|
$799.44 Million |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
$799.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Jinjing Science and Technology Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,840,786,000 to 5,824,882,000, a change of -15,904,000 (-0.3%).
- Net income of 60,476,000 contributed positively to equity growth.
- Dividend payments of 230,404,000 reduced retained earnings.
- Other comprehensive income increased equity by 69,163,195.
- Other factors increased equity by 84,860,805.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥60.48 Million | +1.04% |
| Dividends Paid | CN¥230.40 Million | -3.96% |
| Other Comprehensive Income | CN¥69.16 Million | +1.19% |
| Other Changes | CN¥84.86 Million | +1.46% |
| Total Change | CN¥- | -0.27% |
Book Value vs Market Value Analysis
This analysis compares Shandong Jinjing Science and Technology Stock 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: 1.62x
- 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 51.80x to 1.62x 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¥0.12 | CN¥6.25 | x |
| 2000-12-31 | CN¥0.13 | CN¥6.25 | x |
| 2001-12-31 | CN¥0.19 | CN¥6.25 | x |
| 2002-12-31 | CN¥0.61 | CN¥6.25 | x |
| 2003-12-31 | CN¥0.65 | CN¥6.25 | x |
| 2004-12-31 | CN¥0.74 | CN¥6.25 | x |
| 2005-12-31 | CN¥0.77 | CN¥6.25 | x |
| 2006-12-31 | CN¥0.74 | CN¥6.25 | x |
| 2007-12-31 | CN¥2.12 | CN¥6.25 | x |
| 2008-12-31 | CN¥1.91 | CN¥6.25 | x |
| 2009-12-31 | CN¥2.02 | CN¥6.25 | x |
| 2010-12-31 | CN¥2.13 | CN¥6.25 | x |
| 2011-12-31 | CN¥3.07 | CN¥6.25 | x |
| 2012-12-31 | CN¥2.80 | CN¥6.25 | x |
| 2013-12-31 | CN¥2.90 | CN¥6.25 | x |
| 2014-12-31 | CN¥2.75 | CN¥6.25 | x |
| 2015-12-31 | CN¥2.71 | CN¥6.25 | x |
| 2016-12-31 | CN¥3.17 | CN¥6.25 | x |
| 2017-12-31 | CN¥2.91 | CN¥6.25 | x |
| 2018-12-31 | CN¥2.91 | CN¥6.25 | x |
| 2019-12-31 | CN¥2.85 | CN¥6.25 | x |
| 2020-12-31 | CN¥3.06 | CN¥6.25 | x |
| 2021-12-31 | CN¥3.84 | CN¥6.25 | x |
| 2022-12-31 | CN¥3.76 | CN¥6.25 | x |
| 2023-12-31 | CN¥4.17 | CN¥6.25 | x |
| 2024-12-31 | CN¥3.85 | CN¥6.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Jinjing Science and Technology Stock 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): 1.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.94%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.79x
- Recent ROE (1.04%) is below the historical average (8.23%), 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 | 25.66% | 15.88% | 0.57x | 2.84x | CN¥14.77 Million |
| 2000 | 34.18% | 18.38% | 0.42x | 4.38x | CN¥24.54 Million |
| 2001 | 31.14% | 11.91% | 0.89x | 2.93x | CN¥31.16 Million |
| 2002 | 7.91% | 11.73% | 0.34x | 1.99x | CN¥-9.99 Million |
| 2003 | 6.17% | 10.12% | 0.22x | 2.72x | CN¥-19.52 Million |
| 2004 | 12.09% | 15.73% | 0.25x | 3.13x | CN¥12.11 Million |
| 2005 | 5.94% | 6.21% | 0.28x | 3.38x | CN¥-24.46 Million |
| 2006 | 8.99% | 7.92% | 0.29x | 3.93x | CN¥-6.79 Million |
| 2007 | 9.59% | 14.59% | 0.35x | 1.87x | CN¥-8.81 Million |
| 2008 | 5.06% | 7.01% | 0.32x | 2.24x | CN¥-111.24 Million |
| 2009 | 4.95% | 5.07% | 0.38x | 2.54x | CN¥-119.79 Million |
| 2010 | 13.36% | 11.44% | 0.52x | 2.24x | CN¥90.60 Million |
| 2011 | 4.24% | 5.70% | 0.40x | 1.85x | CN¥-254.94 Million |
| 2012 | -8.93% | -12.04% | 0.37x | 1.99x | CN¥-762.81 Million |
| 2013 | 2.42% | 2.88% | 0.41x | 2.03x | CN¥-313.18 Million |
| 2014 | -5.09% | -5.59% | 0.40x | 2.28x | CN¥-593.07 Million |
| 2015 | 0.71% | 0.84% | 0.34x | 2.47x | CN¥-368.21 Million |
| 2016 | 0.94% | 1.13% | 0.35x | 2.38x | CN¥-362.48 Million |
| 2017 | 3.44% | 3.32% | 0.45x | 2.28x | CN¥-275.83 Million |
| 2018 | 1.85% | 1.53% | 0.53x | 2.28x | CN¥-344.25 Million |
| 2019 | 2.41% | 1.87% | 0.56x | 2.32x | CN¥-309.46 Million |
| 2020 | 7.57% | 6.78% | 0.51x | 2.20x | CN¥-106.11 Million |
| 2021 | 23.81% | 18.89% | 0.64x | 1.97x | CN¥758.29 Million |
| 2022 | 6.62% | 4.77% | 0.65x | 2.13x | CN¥-181.89 Million |
| 2023 | 7.91% | 5.79% | 0.70x | 1.95x | CN¥-122.25 Million |
| 2024 | 1.04% | 0.94% | 0.62x | 1.79x | CN¥-522.01 Million |
Industry Comparison
This section compares Shandong Jinjing Science and Technology Stock Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Jinjing Science and Technology Stock Co Ltd (600586) | CN¥5.53 Billion | 25.66% | 0.71x | $799.78 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |