Jiangsu Zongyi Co Ltd (600770) - Net Assets
Based on the latest financial reports, Jiangsu Zongyi Co Ltd (600770) has net assets worth CN¥4.87 Billion CNY (≈ $713.03 Million 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¥6.10 Billion ≈ $892.99 Million USD) and total liabilities (CN¥1.23 Billion ≈ $179.96 Million 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 600770 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.87 Billion |
| % of Total Assets | 79.85% |
| Annual Growth Rate | 15.55% |
| 5-Year Change | -12.56% |
| 10-Year Change | -4.07% |
| Growth Volatility | 44.11 |
Jiangsu Zongyi Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Jiangsu Zongyi Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Zongyi Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Zongyi Co Ltd (1993–2024)
The table below shows the annual net assets of Jiangsu Zongyi Co Ltd from 1993 to 2024. For live valuation and market cap data, see 600770 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.44 Billion ≈ $649.55 Million |
-0.27% |
| 2023-12-31 | CN¥4.45 Billion ≈ $651.32 Million |
-4.17% |
| 2022-12-31 | CN¥4.64 Billion ≈ $679.68 Million |
-7.44% |
| 2021-12-31 | CN¥5.02 Billion ≈ $734.30 Million |
-1.15% |
| 2020-12-31 | CN¥5.08 Billion ≈ $742.88 Million |
+4.06% |
| 2019-12-31 | CN¥4.88 Billion ≈ $713.88 Million |
+5.18% |
| 2018-12-31 | CN¥4.64 Billion ≈ $678.73 Million |
-6.91% |
| 2017-12-31 | CN¥4.98 Billion ≈ $729.11 Million |
+5.19% |
| 2016-12-31 | CN¥4.74 Billion ≈ $693.15 Million |
+2.37% |
| 2015-12-31 | CN¥4.63 Billion ≈ $677.14 Million |
+2.34% |
| 2014-12-31 | CN¥4.52 Billion ≈ $661.67 Million |
+37.75% |
| 2013-12-31 | CN¥3.28 Billion ≈ $480.35 Million |
-27.02% |
| 2012-12-31 | CN¥4.50 Billion ≈ $658.19 Million |
-5.57% |
| 2011-12-31 | CN¥4.76 Billion ≈ $696.98 Million |
+43.23% |
| 2010-12-31 | CN¥3.33 Billion ≈ $486.63 Million |
+110.04% |
| 2009-12-31 | CN¥1.58 Billion ≈ $231.69 Million |
+81.29% |
| 2008-12-31 | CN¥873.36 Million ≈ $127.80 Million |
-5.74% |
| 2007-12-31 | CN¥926.53 Million ≈ $135.58 Million |
+22.61% |
| 2006-12-31 | CN¥755.65 Million ≈ $110.58 Million |
-2.15% |
| 2005-12-31 | CN¥772.29 Million ≈ $113.01 Million |
+4.92% |
| 2004-12-31 | CN¥736.11 Million ≈ $107.72 Million |
+1.32% |
| 2003-12-31 | CN¥726.51 Million ≈ $106.31 Million |
+4.78% |
| 2002-12-31 | CN¥693.36 Million ≈ $101.46 Million |
+0.96% |
| 2001-12-31 | CN¥686.79 Million ≈ $100.50 Million |
+1.57% |
| 2000-12-31 | CN¥676.16 Million ≈ $98.94 Million |
+18.58% |
| 1999-12-31 | CN¥570.23 Million ≈ $83.44 Million |
+16.78% |
| 1998-12-31 | CN¥488.29 Million ≈ $71.45 Million |
+22.78% |
| 1997-12-31 | CN¥397.69 Million ≈ $58.19 Million |
+35.23% |
| 1996-12-31 | CN¥294.09 Million ≈ $43.03 Million |
+212.32% |
| 1995-12-31 | CN¥94.16 Million ≈ $13.78 Million |
+32.58% |
| 1994-12-31 | CN¥71.02 Million ≈ $10.39 Million |
+41.36% |
| 1993-12-31 | CN¥50.24 Million ≈ $7.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Zongyi 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 decreased by 6359502200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.30 Billion | 39.91% |
| Other Comprehensive Income | CN¥-131.01 Million | -4.02% |
| Other Components | CN¥2.15 Billion | 66.06% |
| Total Equity | CN¥3.26 Billion | 100.00% |
Jiangsu Zongyi Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Zongyi Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LPI Capital Bhd
KLSE:8621
|
$1.49 Billion |
|
Grupo Security
SN:SECURITY
|
$1.49 Billion |
|
Stanmore Resources Ltd
AU:SMR
|
$1.49 Billion |
|
Bright Dairy & Food Co Ltd
SHG:600597
|
$1.49 Billion |
|
NGL Energy Partners LP
NYSE:NGL
|
$1.49 Billion |
|
Shenzhen Qingyi Photomask Ltd
SHG:688138
|
$1.49 Billion |
|
Zhejiang Wanliyang Transmission Co Ltd
SHE:002434
|
$1.49 Billion |
|
Gosuncn Technology Group Co Ltd Class A
SHE:300098
|
$1.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Zongyi Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,259,172,749 to 3,257,346,762, a change of -1,825,987 (-0.1%).
- Net income of 30,215,993 contributed positively to equity growth.
- Dividend payments of 13,115,683 reduced retained earnings.
- Other comprehensive income decreased equity by 131,013,036.
- Other factors increased equity by 112,086,739.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.22 Million | +0.93% |
| Dividends Paid | CN¥13.12 Million | -0.4% |
| Other Comprehensive Income | CN¥-131.01 Million | -4.02% |
| Other Changes | CN¥112.09 Million | +3.44% |
| Total Change | CN¥- | -0.06% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Zongyi 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: 3.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 160.66x to 3.13x 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¥0.05 | CN¥7.84 | x |
| 1994-12-31 | CN¥0.07 | CN¥7.84 | x |
| 1995-12-31 | CN¥0.09 | CN¥7.84 | x |
| 1996-12-31 | CN¥0.31 | CN¥7.84 | x |
| 1997-12-31 | CN¥0.38 | CN¥7.84 | x |
| 1998-12-31 | CN¥0.47 | CN¥7.84 | x |
| 1999-12-31 | CN¥0.56 | CN¥7.84 | x |
| 2000-12-31 | CN¥0.62 | CN¥7.84 | x |
| 2001-12-31 | CN¥0.65 | CN¥7.84 | x |
| 2002-12-31 | CN¥0.65 | CN¥7.84 | x |
| 2003-12-31 | CN¥0.66 | CN¥7.84 | x |
| 2004-12-31 | CN¥0.67 | CN¥7.84 | x |
| 2005-12-31 | CN¥0.69 | CN¥7.84 | x |
| 2006-12-31 | CN¥1.08 | CN¥7.84 | x |
| 2007-12-31 | CN¥0.80 | CN¥7.84 | x |
| 2008-12-31 | CN¥0.74 | CN¥7.84 | x |
| 2009-12-31 | CN¥1.95 | CN¥7.84 | x |
| 2010-12-31 | CN¥2.06 | CN¥7.84 | x |
| 2011-12-31 | CN¥4.74 | CN¥7.84 | x |
| 2012-12-31 | CN¥2.99 | CN¥7.84 | x |
| 2013-12-31 | CN¥2.13 | CN¥7.84 | x |
| 2014-12-31 | CN¥2.80 | CN¥7.84 | x |
| 2015-12-31 | CN¥2.55 | CN¥7.84 | x |
| 2016-12-31 | CN¥4.28 | CN¥7.84 | x |
| 2017-12-31 | CN¥4.43 | CN¥7.84 | x |
| 2018-12-31 | CN¥2.66 | CN¥7.84 | x |
| 2019-12-31 | CN¥2.74 | CN¥7.84 | x |
| 2020-12-31 | CN¥2.85 | CN¥7.84 | x |
| 2021-12-31 | CN¥2.79 | CN¥7.84 | x |
| 2022-12-31 | CN¥2.60 | CN¥7.84 | x |
| 2023-12-31 | CN¥2.51 | CN¥7.84 | x |
| 2024-12-31 | CN¥2.50 | CN¥7.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Zongyi 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): 0.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.69%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.67x
- Recent ROE (0.93%) is below the historical average (5.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 11.50% | 8.99% | 0.60x | 2.12x | CN¥661.81K |
| 1994 | 29.16% | 28.24% | 0.53x | 1.93x | CN¥11.93 Million |
| 1995 | 24.08% | 32.54% | 0.35x | 2.11x | CN¥11.65 Million |
| 1996 | 11.87% | 37.00% | 0.26x | 1.23x | CN¥5.26 Million |
| 1997 | 18.95% | 26.93% | 0.46x | 1.55x | CN¥31.02 Million |
| 1998 | 18.54% | 30.97% | 0.39x | 1.52x | CN¥36.16 Million |
| 1999 | 16.63% | 20.77% | 0.53x | 1.52x | CN¥33.47 Million |
| 2000 | 14.81% | 22.30% | 0.39x | 1.72x | CN¥27.18 Million |
| 2001 | 5.74% | 11.36% | 0.29x | 1.75x | CN¥-25.09 Million |
| 2002 | 3.52% | 7.52% | 0.23x | 2.02x | CN¥-37.81 Million |
| 2003 | 2.51% | 3.87% | 0.29x | 2.23x | CN¥-44.62 Million |
| 2004 | 1.81% | 2.17% | 0.38x | 2.20x | CN¥-49.59 Million |
| 2005 | 3.38% | 3.70% | 0.43x | 2.12x | CN¥-41.52 Million |
| 2006 | 3.30% | 3.35% | 0.46x | 2.13x | CN¥-43.18 Million |
| 2007 | 8.90% | 8.89% | 0.58x | 1.73x | CN¥-8.08 Million |
| 2008 | 4.22% | 4.56% | 0.51x | 1.82x | CN¥-36.73 Million |
| 2009 | 2.73% | 6.39% | 0.24x | 1.80x | CN¥-87.82 Million |
| 2010 | 13.26% | 29.88% | 0.19x | 2.38x | CN¥66.92 Million |
| 2011 | 9.28% | 26.76% | 0.17x | 2.00x | CN¥-24.52 Million |
| 2012 | 1.00% | 6.47% | 0.08x | 1.97x | CN¥-291.77 Million |
| 2013 | -28.62% | -182.86% | 0.07x | 2.14x | CN¥-916.71 Million |
| 2014 | 1.21% | 5.81% | 0.11x | 1.92x | CN¥-301.05 Million |
| 2015 | -7.42% | -43.65% | 0.08x | 2.01x | CN¥-578.27 Million |
| 2016 | 1.51% | 5.56% | 0.15x | 1.86x | CN¥-288.95 Million |
| 2017 | 1.27% | 5.94% | 0.12x | 1.86x | CN¥-307.08 Million |
| 2018 | 1.55% | 11.39% | 0.08x | 1.68x | CN¥-292.05 Million |
| 2019 | 1.57% | 12.17% | 0.07x | 1.73x | CN¥-300.25 Million |
| 2020 | 4.54% | 44.66% | 0.06x | 1.63x | CN¥-202.29 Million |
| 2021 | 1.65% | 16.04% | 0.06x | 1.65x | CN¥-303.43 Million |
| 2022 | -9.45% | -85.17% | 0.07x | 1.62x | CN¥-658.10 Million |
| 2023 | -5.33% | -54.01% | 0.06x | 1.62x | CN¥-499.66 Million |
| 2024 | 0.93% | 8.69% | 0.06x | 1.67x | CN¥-295.52 Million |
Industry Comparison
This section compares Jiangsu Zongyi Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,428,406,406
- Average return on equity (ROE) among peers: -7.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zongyi Co Ltd (600770) | CN¥4.87 Billion | 11.50% | 0.25x | $1.49 Billion |
| UniTTEC Co Ltd (000925) | $2.79 Billion | 7.19% | 1.60x | $971.93 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $965.51 Million | 3.89% | 0.26x | $9.62 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $3.51 Billion | 4.91% | 0.50x | $1.08 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $176.32 Million | 17.43% | 0.48x | $1.47 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $757.42 Million | 0.31% | 1.07x | $1.21 Billion |
| Tianjin Printronics Circuit Corp (002134) | $560.97 Million | -8.60% | 0.43x | $1.06 Billion |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $732.57 Million |
| Chutian Dragon Co Ltd (003040) | $1.05 Billion | 9.94% | 0.54x | $1.03 Billion |
| Jiangsu Huasheng Tianlong Photo (300029) | $113.29 Million | -119.43% | 0.55x | $81.27 Million |
| Nations Technologies Inc (300077) | $2.71 Billion | 0.37% | 0.06x | $2.18 Billion |
About Jiangsu Zongyi Co Ltd
Jiangsu Zongyi Co.,LTD engages in the clean energy, advanced technology, and integrated finance businesses. It constructs and manages photovoltaic power stations in the Czech Republic, Italy, the United States, Germany, Bulgaria, Romania, and China. The company also engages in the research and development, and sale of smart cards and related application technology, system integration, and handhel… Read more