Ningbo Joyson Electronic Corp (600699) - Net Assets

Latest as of March 2026: CN¥24.85 Billion CNY ≈ $3.64 Billion USD

Based on the latest financial reports, Ningbo Joyson Electronic Corp (600699) has net assets worth CN¥24.85 Billion CNY (≈ $3.64 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¥70.84 Billion ≈ $10.37 Billion USD) and total liabilities (CN¥45.99 Billion ≈ $6.73 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 tangible net worth ratio of Ningbo Joyson Electronic Corp to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥24.85 Billion
% of Total Assets	35.08%
Annual Growth Rate	16.3%
5-Year Change	42.55%
10-Year Change	73.54%
Growth Volatility	63.33

Ningbo Joyson Electronic Corp - Net Assets Trend (1993–2025)

This chart illustrates how Ningbo Joyson Electronic Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Ningbo Joyson Electronic Corp to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ningbo Joyson Electronic Corp (1993–2025)

The table below shows the annual net assets of Ningbo Joyson Electronic Corp from 1993 to 2025. For live valuation and market cap data, see Ningbo Joyson Electronic Corp market cap and net worth.

Year	Net Assets	Change
2025-12-31	CN¥24.03 Billion ≈ $3.52 Billion	+21.07%
2024-12-31	CN¥19.85 Billion ≈ $2.90 Billion	+3.76%
2023-12-31	CN¥19.13 Billion ≈ $2.80 Billion	+8.04%
2022-12-31	CN¥17.70 Billion ≈ $2.59 Billion	+5.04%
2021-12-31	CN¥16.85 Billion ≈ $2.47 Billion	-13.43%
2020-12-31	CN¥19.47 Billion ≈ $2.85 Billion	+13.80%
2019-12-31	CN¥17.11 Billion ≈ $2.50 Billion	-5.92%
2018-12-31	CN¥18.18 Billion ≈ $2.66 Billion	+32.70%
2017-12-31	CN¥13.70 Billion ≈ $2.01 Billion	-1.02%
2016-12-31	CN¥13.84 Billion ≈ $2.03 Billion	+248.17%
2015-12-31	CN¥3.98 Billion ≈ $581.87 Million	+60.99%
2014-12-31	CN¥2.47 Billion ≈ $361.43 Million	+5.59%
2013-12-31	CN¥2.34 Billion ≈ $342.31 Million	+29.91%
2012-12-31	CN¥1.80 Billion ≈ $263.51 Million	+169.83%
2011-12-31	CN¥667.36 Million ≈ $97.66 Million	+487.15%
2009-12-31	CN¥-172.38 Million ≈ $-25.22 Million	-161.21%
2008-12-31	CN¥281.60 Million ≈ $41.21 Million	-31.39%
2007-12-31	CN¥410.44 Million ≈ $60.06 Million	+4.61%
2006-12-31	CN¥392.35 Million ≈ $57.41 Million	-20.54%
2005-12-31	CN¥493.77 Million ≈ $72.25 Million	-17.77%
2004-12-31	CN¥600.49 Million ≈ $87.87 Million	+18.97%
2003-12-31	CN¥504.75 Million ≈ $73.86 Million	+0.53%
2002-12-31	CN¥502.08 Million ≈ $73.47 Million	+19.32%
2001-12-31	CN¥420.78 Million ≈ $61.57 Million	+42.76%
2000-12-31	CN¥294.75 Million ≈ $43.13 Million	+17.96%
1999-12-31	CN¥249.88 Million ≈ $36.57 Million	+6.90%
1998-12-31	CN¥233.74 Million ≈ $34.20 Million	+14.21%
1997-12-31	CN¥204.66 Million ≈ $29.95 Million	+0.23%
1996-12-31	CN¥204.18 Million ≈ $29.88 Million	+0.23%
1995-12-31	CN¥203.71 Million ≈ $29.81 Million	+0.35%
1994-12-31	CN¥203.00 Million ≈ $29.70 Million	+6.03%
1993-12-31	CN¥191.45 Million ≈ $28.01 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 70393.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.33 Billion	19.23%
Other Components	CN¥13.99 Billion	80.77%
Total Equity	CN¥17.32 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
Anhui Gujing Distillery Co Ltd SHE:000596	$5.08 Billion
Caris Life Sciences, Inc. Common Stock NASDAQ:CAI	$5.08 Billion
UNIQA Insurance Group AG VI:UQA	$5.08 Billion
COSCO SHIPPING Holdings Co. Ltd F:C6G	$5.09 Billion
Shenzhen Jove Enterprise Co. Ltd. SHE:300814	$5.08 Billion
Selective Insurance Group, Inc. NASDAQ:SIGI	$5.08 Billion
CONVATEC GRP UNSP.ADR /4 F:2CVU	$5.07 Billion
Greek Organization of Football Prognostics S.A. AT:OPAP	$5.07 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 2024 to 2025, total equity changed from 13,558,082,000 to 17,322,416,206, a change of 3,764,334,206 (27.8%).
Net income of 1,335,819,942 contributed positively to equity growth.
Dividend payments of 1,540,979,303 reduced retained earnings.
Other factors increased equity by 3,969,493,566.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.34 Billion	+7.71%
Dividends Paid	CN¥1.54 Billion	-8.9%
Other Changes	CN¥3.97 Billion	+22.92%
Total Change	CN¥-	27.76%

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: 2.23x
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 33.70x to 2.23x 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¥24.88	x
1994-12-31	CN¥0.78	CN¥24.88	x
1995-12-31	CN¥0.79	CN¥24.88	x
1996-12-31	CN¥0.79	CN¥24.88	x
1997-12-31	CN¥0.79	CN¥24.88	x
1998-12-31	CN¥0.90	CN¥24.88	x
1999-12-31	CN¥0.92	CN¥24.88	x
2000-12-31	CN¥1.09	CN¥24.88	x
2001-12-31	CN¥1.59	CN¥24.88	x
2002-12-31	CN¥1.65	CN¥24.88	x
2003-12-31	CN¥1.70	CN¥24.88	x
2004-12-31	CN¥1.74	CN¥24.88	x
2005-12-31	CN¥1.47	CN¥24.88	x
2006-12-31	CN¥1.11	CN¥24.88	x
2007-12-31	CN¥1.22	CN¥24.88	x
2008-12-31	CN¥0.70	CN¥24.88	x
2009-12-31	CN¥-0.66	CN¥24.88	x
2010-12-31	CN¥-0.01	CN¥24.88	x
2011-12-31	CN¥1.96	CN¥24.88	x
2012-12-31	CN¥2.09	CN¥24.88	x
2013-12-31	CN¥2.66	CN¥24.88	x
2014-12-31	CN¥2.74	CN¥24.88	x
2015-12-31	CN¥4.13	CN¥24.88	x
2016-12-31	CN¥13.20	CN¥24.88	x
2017-12-31	CN¥9.62	CN¥24.88	x
2018-12-31	CN¥9.63	CN¥24.88	x
2019-12-31	CN¥10.24	CN¥24.88	x
2020-12-31	CN¥12.06	CN¥24.88	x
2021-12-31	CN¥8.37	CN¥24.88	x
2022-12-31	CN¥9.02	CN¥24.88	x
2023-12-31	CN¥9.78	CN¥24.88	x
2024-12-31	CN¥9.74	CN¥24.88	x
2025-12-31	CN¥11.17	CN¥24.88	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): 7.71%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.18%
• Asset Turnover: 0.88x
• Equity Multiplier: 3.99x
Recent ROE (7.71%) is above the historical average (1.72%), 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
2025	7.71%	2.18%	0.88x	3.99x	CN¥-396.42 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: $3,421,590,511
Average return on equity (ROE) among peers: 7.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ningbo Joyson Electronic Corp (600699)	CN¥24.85 Billion	6.03%	1.85x	$5.08 Billion
FAWER Automotive Parts Ltd Co (000030)	$9.28 Billion	7.29%	0.94x	$1.07 Billion
Wanxiang Qianchao Co Ltd (000559)	$2.25 Billion	8.11%	1.30x	$6.69 Billion
Weifu High-Technology Group Co Ltd (000581)	$18.43 Billion	0.64%	0.55x	$2.08 Billion
Gui Zhou Tyre Co Ltd (000589)	$77.69 Million	26.52%	2.33x	$1.01 Billion
Qingdao Doublestar Co Ltd (000599)	$2.50 Billion	2.32%	1.02x	$1.58 Billion
Hengli Industrial Development Group Co Ltd (000622)	$135.45 Million	0.00%	0.93x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$530.98 Million	0.92%	1.48x	$675.92 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$1.20 Billion	6.30%	2.26x	$2.16 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$-736.34 Million	0.00%	0.00x	$294.66 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$537.43 Million	18.21%	0.61x	$4.31 Billion

About Ningbo Joyson Electronic Corp

SHG:600699 China Auto Parts

Market Cap

$5.08 Billion

CN¥34.72 Billion CNY

Market Cap Rank

#3572 Global

#523 in China

Share Price

CN¥24.88

Change (1 day)

+0.93%

52-Week Range

CN¥16.74 - CN¥37.30

All Time High

CN¥51.30