Ningbo Joyson Electronic Corp (600699) - Net Assets

Latest as of September 2025: CN¥21.14 Billion CNY ≈ $3.09 Billion USD

Based on the latest financial reports, Ningbo Joyson Electronic Corp (600699) has net assets worth CN¥21.14 Billion CNY (≈ $3.09 Billion USD) 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 ≈ $10.05 Billion USD) and total liabilities (CN¥47.54 Billion ≈ $6.96 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 Ningbo Joyson Electronic Corp (600699) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 600699 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Ningbo Joyson Electronic Corp market cap and net worth.

Year Net Assets Change
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 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
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
 $5.82 Billion
Inner Mongolia Yitai Coal Co Ltd
SHG:900948
 $5.83 Billion
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379
 $5.83 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd
SHE:000983
 $5.83 Billion
OUTSURANCE GROUP LTD
JSE:OUT
 $5.82 Billion
Hanwha Solutions
KO:009830
 $5.82 Billion
Open Text Corp
NASDAQ:OTEX
 $5.81 Billion
Taylor Morn Home
NYSE:TMHC
 $5.81 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: 2.93x
  • 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 38.63x to 2.93x 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¥28.52 x
1994-12-31 CN¥0.78 CN¥28.52 x
1995-12-31 CN¥0.79 CN¥28.52 x
1996-12-31 CN¥0.79 CN¥28.52 x
1997-12-31 CN¥0.79 CN¥28.52 x
1998-12-31 CN¥0.90 CN¥28.52 x
1999-12-31 CN¥0.92 CN¥28.52 x
2000-12-31 CN¥1.09 CN¥28.52 x
2001-12-31 CN¥1.59 CN¥28.52 x
2002-12-31 CN¥1.65 CN¥28.52 x
2003-12-31 CN¥1.70 CN¥28.52 x
2004-12-31 CN¥1.74 CN¥28.52 x
2005-12-31 CN¥1.47 CN¥28.52 x
2006-12-31 CN¥1.11 CN¥28.52 x
2007-12-31 CN¥1.22 CN¥28.52 x
2008-12-31 CN¥0.70 CN¥28.52 x
2009-12-31 CN¥-0.66 CN¥28.52 x
2010-12-31 CN¥-0.01 CN¥28.52 x
2011-12-31 CN¥1.96 CN¥28.52 x
2012-12-31 CN¥2.09 CN¥28.52 x
2013-12-31 CN¥2.66 CN¥28.52 x
2014-12-31 CN¥2.74 CN¥28.52 x
2015-12-31 CN¥4.13 CN¥28.52 x
2016-12-31 CN¥13.20 CN¥28.52 x
2017-12-31 CN¥9.62 CN¥28.52 x
2018-12-31 CN¥9.63 CN¥28.52 x
2019-12-31 CN¥10.24 CN¥28.52 x
2020-12-31 CN¥12.06 CN¥28.52 x
2021-12-31 CN¥8.37 CN¥28.52 x
2022-12-31 CN¥9.02 CN¥28.52 x
2023-12-31 CN¥9.78 CN¥28.52 x
2024-12-31 CN¥9.74 CN¥28.52 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: $2,118,573,594
  • Average return on equity (ROE) among peers: 8.16%

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 $5.82 Billion
FAWER Automotive Parts Ltd Co (000030) $8.51 Billion 9.89% 0.75x $1.25 Billion
Wanxiang Qianchao Co Ltd (000559) $4.12 Billion 11.29% 1.14x $7.81 Billion
Weifu High-Technology Group Co Ltd (000581) $5.34 Billion 22.56% 0.48x $2.27 Billion
Gui Zhou Tyre Co Ltd (000589) $1.00 Billion 2.41% 2.13x $1.14 Billion
Qingdao Doublestar Co Ltd (000599) $294.61 Million 13.77% 0.22x $712.32 Million
Hengli Industrial Development Group Co Ltd (000622) $45.14 Million 0.00% 2.64x $9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678) $1.26 Billion -4.75% 1.19x $782.86 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $891.72 Million 4.95% 2.78x $1.62 Billion
Sichuan Haowu Electromechanical Co Ltd (000757) $-736.34 Million 0.00% 0.00x $381.19 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $456.79 Million 21.42% 0.41x $3.35 Billion

About Ningbo Joyson Electronic Corp

SHG:600699 China Auto Parts
Market Cap
$5.82 Billion
CN¥39.80 Billion CNY
Market Cap Rank
#3251 Global
#478 in China
Share Price
CN¥28.52
Change (1 day)
+0.18%
52-Week Range
CN¥16.46 - CN¥37.30
All Time High
CN¥51.30
Categories
Companies in China Auto Parts
About

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