Ningbo Joyson Electronic Corp
Ningbo Joyson Electronic Corp., together with its subsidiaries, engages in the research and development, manufacture, and sale of automotive parts and accessories in China, the United States, Japan, Germany, Mexico, Italy, Romania, Portugal, Poland, Brazil, India, and internationally. It operates in two segments, Automotive Safety Business and Automotive Electronics Business. The Automotive Safet… Read more
Ningbo Joyson Electronic Corp (600699) - Net Assets
Latest net assets as of September 2025: CN¥21.14 Billion CNY
Based on the latest financial reports, Ningbo Joyson Electronic Corp (600699) has net assets worth CN¥21.14 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¥68.68 Billion) and total liabilities (CN¥47.54 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¥21.14 Billion |
| % of Total Assets | 30.78% |
| Annual Growth Rate | 16.15% |
| 5-Year Change | 1.94% |
| 10-Year Change | 399.08% |
| Growth Volatility | 64.41 |
Ningbo Joyson Electronic Corp - Net Assets Trend (1993–2024)
This chart illustrates how Ningbo Joyson Electronic Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ningbo Joyson Electronic Corp (1993–2024)
The table below shows the annual net assets of Ningbo Joyson Electronic Corp from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥19.85 Billion | +3.76% |
| 2023-12-31 | CN¥19.13 Billion | +8.04% |
| 2022-12-31 | CN¥17.70 Billion | +5.04% |
| 2021-12-31 | CN¥16.85 Billion | -13.43% |
| 2020-12-31 | CN¥19.47 Billion | +13.80% |
| 2019-12-31 | CN¥17.11 Billion | -5.92% |
| 2018-12-31 | CN¥18.18 Billion | +32.70% |
| 2017-12-31 | CN¥13.70 Billion | -1.02% |
| 2016-12-31 | CN¥13.84 Billion | +248.17% |
| 2015-12-31 | CN¥3.98 Billion | +60.99% |
| 2014-12-31 | CN¥2.47 Billion | +5.59% |
| 2013-12-31 | CN¥2.34 Billion | +29.91% |
| 2012-12-31 | CN¥1.80 Billion | +169.83% |
| 2011-12-31 | CN¥667.36 Million | +487.15% |
| 2009-12-31 | CN¥-172.38 Million | -161.21% |
| 2008-12-31 | CN¥281.60 Million | -31.39% |
| 2007-12-31 | CN¥410.44 Million | +4.61% |
| 2006-12-31 | CN¥392.35 Million | -20.54% |
| 2005-12-31 | CN¥493.77 Million | -17.77% |
| 2004-12-31 | CN¥600.49 Million | +18.97% |
| 2003-12-31 | CN¥504.75 Million | +0.53% |
| 2002-12-31 | CN¥502.08 Million | +19.32% |
| 2001-12-31 | CN¥420.78 Million | +42.76% |
| 2000-12-31 | CN¥294.75 Million | +17.96% |
| 1999-12-31 | CN¥249.88 Million | +6.90% |
| 1998-12-31 | CN¥233.74 Million | +14.21% |
| 1997-12-31 | CN¥204.66 Million | +0.23% |
| 1996-12-31 | CN¥204.18 Million | +0.23% |
| 1995-12-31 | CN¥203.71 Million | +0.35% |
| 1994-12-31 | CN¥203.00 Million | +6.03% |
| 1993-12-31 | CN¥191.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Joyson Electronic Corp'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 50008.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.37 Billion | 17.46% |
| Common Stock | CN¥1.41 Billion | 10.39% |
| Other Components | CN¥9.78 Billion | 72.15% |
| Total Equity | CN¥13.56 Billion | 100.00% |
Ningbo Joyson Electronic Corp Competitors by Market Cap
The table below lists competitors of Ningbo Joyson Electronic Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KYNDRYL HLDGS INC. DL-01
F:7XU
|
$2.51 Billion |
|
Ero Copper Corp
NYSE:ERO
|
$2.51 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
$2.51 Billion |
|
Credit Acceptance Corporation
NASDAQ:CACC
|
$2.51 Billion |
|
GALAXY DIGITAL HLDGS
F:7LX
|
$2.51 Billion |
|
Perseus Mining Limited
PINK:PMNXF
|
$2.51 Billion |
|
The Hachijuni Bank Ltd
OTCGREY:HACBF
|
$2.50 Billion |
|
ADEIA CORP
NASDAQ:ADEA
|
$2.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Joyson Electronic Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,579,034,409 to 13,558,082,000, a change of -20,952,409 (-0.2%).
- Net income of 960,469,600 contributed positively to equity growth.
- Dividend payments of 1,505,887,000 reduced retained earnings.
- Share repurchases of 194,110,000 reduced equity.
- Other factors increased equity by 718,574,991.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥960.47 Million | +7.08% |
| Dividends Paid | CN¥1.51 Billion | -11.11% |
| Share Repurchases | CN¥194.11 Million | -1.43% |
| Other Changes | CN¥718.57 Million | +5.3% |
| Total Change | CN¥- | -0.15% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Joyson Electronic Corp'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: 2.61x
- 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 34.46x to 2.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.74 | CN¥25.44 | x |
| 1994-12-31 | CN¥0.78 | CN¥25.44 | x |
| 1995-12-31 | CN¥0.79 | CN¥25.44 | x |
| 1996-12-31 | CN¥0.79 | CN¥25.44 | x |
| 1997-12-31 | CN¥0.79 | CN¥25.44 | x |
| 1998-12-31 | CN¥0.90 | CN¥25.44 | x |
| 1999-12-31 | CN¥0.92 | CN¥25.44 | x |
| 2000-12-31 | CN¥1.09 | CN¥25.44 | x |
| 2001-12-31 | CN¥1.59 | CN¥25.44 | x |
| 2002-12-31 | CN¥1.65 | CN¥25.44 | x |
| 2003-12-31 | CN¥1.70 | CN¥25.44 | x |
| 2004-12-31 | CN¥1.74 | CN¥25.44 | x |
| 2005-12-31 | CN¥1.47 | CN¥25.44 | x |
| 2006-12-31 | CN¥1.11 | CN¥25.44 | x |
| 2007-12-31 | CN¥1.22 | CN¥25.44 | x |
| 2008-12-31 | CN¥0.70 | CN¥25.44 | x |
| 2009-12-31 | CN¥-0.66 | CN¥25.44 | x |
| 2010-12-31 | CN¥-0.01 | CN¥25.44 | x |
| 2011-12-31 | CN¥1.96 | CN¥25.44 | x |
| 2012-12-31 | CN¥2.09 | CN¥25.44 | x |
| 2013-12-31 | CN¥2.66 | CN¥25.44 | x |
| 2014-12-31 | CN¥2.74 | CN¥25.44 | x |
| 2015-12-31 | CN¥4.13 | CN¥25.44 | x |
| 2016-12-31 | CN¥13.20 | CN¥25.44 | x |
| 2017-12-31 | CN¥9.62 | CN¥25.44 | x |
| 2018-12-31 | CN¥9.63 | CN¥25.44 | x |
| 2019-12-31 | CN¥10.24 | CN¥25.44 | x |
| 2020-12-31 | CN¥12.06 | CN¥25.44 | x |
| 2021-12-31 | CN¥8.37 | CN¥25.44 | x |
| 2022-12-31 | CN¥9.02 | CN¥25.44 | x |
| 2023-12-31 | CN¥9.78 | CN¥25.44 | x |
| 2024-12-31 | CN¥9.74 | CN¥25.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Joyson Electronic Corp 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): 7.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.72%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 4.73x
- Recent ROE (7.08%) is above the historical average (1.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 6.03% | 13.69% | 0.30x | 1.47x | CN¥-7.59 Million |
| 1994 | 8.70% | 19.77% | 0.30x | 1.46x | CN¥-2.63 Million |
| 1995 | 0.35% | 0.98% | 0.23x | 1.53x | CN¥-19.66 Million |
| 1996 | 0.23% | 0.64% | 0.19x | 1.85x | CN¥-19.95 Million |
| 1997 | 0.25% | 0.66% | 0.23x | 1.61x | CN¥-19.96 Million |
| 1998 | 12.00% | 42.60% | 0.19x | 1.49x | CN¥4.67 Million |
| 1999 | 9.63% | 15.14% | 0.37x | 1.70x | CN¥-883.96K |
| 2000 | 13.35% | 16.51% | 0.40x | 2.01x | CN¥9.43 Million |
| 2001 | 4.64% | 10.41% | 0.21x | 2.08x | CN¥-22.02 Million |
| 2002 | 4.65% | 6.41% | 0.27x | 2.74x | CN¥-22.90 Million |
| 2003 | 2.75% | 3.19% | 0.28x | 3.06x | CN¥-31.93 Million |
| 2004 | 2.94% | 2.99% | 0.26x | 3.80x | CN¥-31.82 Million |
| 2005 | -18.35% | -25.40% | 0.18x | 3.92x | CN¥-107.92 Million |
| 2006 | -30.30% | -39.91% | 0.15x | 5.13x | CN¥-115.74 Million |
| 2007 | 5.28% | 5.44% | 0.20x | 4.87x | CN¥-14.50 Million |
| 2008 | -69.71% | -45.36% | 0.21x | 7.48x | CN¥-144.46 Million |
| 2009 | 0.00% | -137.25% | 0.32x | 0.00x | CN¥-336.37 Million |
| 2010 | 0.00% | 70.13% | 0.00x | 0.00x | CN¥108.37 Million |
| 2011 | 32.56% | 5.43% | 2.48x | 2.42x | CN¥127.55 Million |
| 2012 | 12.33% | 3.86% | 1.04x | 3.08x | CN¥39.13 Million |
| 2013 | 12.63% | 4.73% | 1.06x | 2.51x | CN¥60.22 Million |
| 2014 | 14.33% | 4.90% | 1.13x | 2.59x | CN¥104.85 Million |
| 2015 | 10.54% | 4.95% | 0.71x | 3.01x | CN¥20.43 Million |
| 2016 | 3.57% | 2.45% | 0.50x | 2.93x | CN¥-816.65 Million |
| 2017 | 3.12% | 1.49% | 0.75x | 2.79x | CN¥-873.15 Million |
| 2018 | 10.60% | 2.35% | 0.95x | 4.77x | CN¥74.18 Million |
| 2019 | 7.47% | 1.52% | 1.08x | 4.53x | CN¥-317.76 Million |
| 2020 | 4.06% | 1.29% | 0.85x | 3.71x | CN¥-900.73 Million |
| 2021 | -33.00% | -8.22% | 0.89x | 4.51x | CN¥-4.89 Billion |
| 2022 | 3.22% | 0.79% | 0.92x | 4.42x | CN¥-831.11 Million |
| 2023 | 7.98% | 1.94% | 0.98x | 4.19x | CN¥-274.71 Million |
| 2024 | 7.08% | 1.72% | 0.87x | 4.73x | CN¥-395.34 Million |
Industry Comparison
This section compares Ningbo Joyson Electronic Corp's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Joyson Electronic Corp (600699) | CN¥21.14 Billion | 6.03% | 2.25x | $2.51 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |