Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd
Jiangsu chunlan refrigerating equipment stock co.,ltd., together with its subsidiaries, manufactures and sells residential and commercial air conditioners in China and internationally. Its residential air conditioner products include floor standing, window, and wall split products; and commercial air conditioner products comprise dehumidifier, cassette, floor-standing, duct, enclosure, and outdoo… Read more
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (600854) - Net Assets
Latest net assets as of September 2025: CN¥2.30 Billion CNY
Based on the latest financial reports, Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (600854) has net assets worth CN¥2.30 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¥2.47 Billion) and total liabilities (CN¥169.78 Million). 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¥2.30 Billion |
| % of Total Assets | 93.14% |
| Annual Growth Rate | 5.0% |
| 5-Year Change | 18.82% |
| 10-Year Change | 19.76% |
| Growth Volatility | 21.18 |
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Jiangsu Chunlan Refrigerating Equipment 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 Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (1994–2024)
The table below shows the annual net assets of Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.27 Billion | +2.99% |
| 2023-12-31 | CN¥2.20 Billion | +5.39% |
| 2022-12-31 | CN¥2.09 Billion | +6.92% |
| 2021-12-31 | CN¥1.95 Billion | +2.38% |
| 2020-12-31 | CN¥1.91 Billion | +2.51% |
| 2019-12-31 | CN¥1.86 Billion | +0.83% |
| 2018-12-31 | CN¥1.85 Billion | -0.17% |
| 2017-12-31 | CN¥1.85 Billion | -1.63% |
| 2016-12-31 | CN¥1.88 Billion | -0.70% |
| 2015-12-31 | CN¥1.89 Billion | +0.18% |
| 2014-12-31 | CN¥1.89 Billion | -1.11% |
| 2013-12-31 | CN¥1.91 Billion | +1.31% |
| 2012-12-31 | CN¥1.89 Billion | +0.12% |
| 2011-12-31 | CN¥1.88 Billion | +0.59% |
| 2010-12-31 | CN¥1.87 Billion | -16.78% |
| 2009-12-31 | CN¥2.25 Billion | -3.50% |
| 2008-12-31 | CN¥2.33 Billion | -2.87% |
| 2007-12-31 | CN¥2.40 Billion | -23.42% |
| 2006-12-31 | CN¥3.14 Billion | -6.23% |
| 2005-12-31 | CN¥3.34 Billion | +3.90% |
| 2004-12-31 | CN¥3.22 Billion | -0.83% |
| 2003-12-31 | CN¥3.25 Billion | +1.78% |
| 2002-12-31 | CN¥3.19 Billion | +0.82% |
| 2001-12-31 | CN¥3.16 Billion | +73.22% |
| 2000-12-31 | CN¥1.83 Billion | +14.32% |
| 1999-12-31 | CN¥1.60 Billion | +10.36% |
| 1998-12-31 | CN¥1.45 Billion | +79.86% |
| 1997-12-31 | CN¥804.73 Million | +24.09% |
| 1996-12-31 | CN¥648.48 Million | +33.08% |
| 1995-12-31 | CN¥487.27 Million | -7.24% |
| 1994-12-31 | CN¥525.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Chunlan Refrigerating Equipment 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 decreased by 273.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥519.46 Million | 21.52% |
| Other Comprehensive Income | CN¥636.75 Million | 26.38% |
| Other Components | CN¥1.53 Billion | 63.38% |
| Total Equity | CN¥2.41 Billion | 100.00% |
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Yongan Forestry Group Joint-Stock
SHE:000663
|
$231.40 Million |
|
Veritone Inc
NASDAQ:VERI
|
$231.41 Million |
|
NioCorp Developments Ltd.
F:BR30
|
$231.43 Million |
|
Career Technology MFG Co Ltd
TW:6153
|
$231.46 Million |
|
Integrated Service Technology
TWO:3289
|
$231.27 Million |
|
Hengdian Entertainment Co Ltd Class A
SHG:603103
|
$231.25 Million |
|
RMR Group Inc
NASDAQ:RMR
|
$231.24 Million |
|
Hangzhou Biotest Biotech Co Ltd
SHG:688767
|
$231.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,343,559,357 to 2,413,777,799, a change of 70,218,442 (3.0%).
- Net income of 133,335,163 contributed positively to equity growth.
- Dividend payments of 72,724,195 reduced retained earnings.
- Other comprehensive income increased equity by 9,607,474.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥133.34 Million | +5.52% |
| Dividends Paid | CN¥72.72 Million | -3.01% |
| Other Comprehensive Income | CN¥9.61 Million | +0.4% |
| Total Change | CN¥- | 3.00% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Chunlan Refrigerating Equipment 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: 1.17x
- 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 5.38x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥1.01 | CN¥5.44 | x |
| 1995-12-31 | CN¥0.94 | CN¥5.44 | x |
| 1996-12-31 | CN¥1.25 | CN¥5.44 | x |
| 1997-12-31 | CN¥1.55 | CN¥5.44 | x |
| 1998-12-31 | CN¥2.79 | CN¥5.44 | x |
| 1999-12-31 | CN¥3.01 | CN¥5.44 | x |
| 2000-12-31 | CN¥3.41 | CN¥5.44 | x |
| 2001-12-31 | CN¥5.74 | CN¥5.44 | x |
| 2002-12-31 | CN¥5.81 | CN¥5.44 | x |
| 2003-12-31 | CN¥5.93 | CN¥5.44 | x |
| 2004-12-31 | CN¥5.89 | CN¥5.44 | x |
| 2005-12-31 | CN¥5.83 | CN¥5.44 | x |
| 2006-12-31 | CN¥5.44 | CN¥5.44 | x |
| 2007-12-31 | CN¥4.12 | CN¥5.44 | x |
| 2008-12-31 | CN¥4.16 | CN¥5.44 | x |
| 2009-12-31 | CN¥4.16 | CN¥5.44 | x |
| 2010-12-31 | CN¥3.56 | CN¥5.44 | x |
| 2011-12-31 | CN¥3.60 | CN¥5.44 | x |
| 2012-12-31 | CN¥3.62 | CN¥5.44 | x |
| 2013-12-31 | CN¥3.68 | CN¥5.44 | x |
| 2014-12-31 | CN¥3.67 | CN¥5.44 | x |
| 2015-12-31 | CN¥3.69 | CN¥5.44 | x |
| 2016-12-31 | CN¥3.73 | CN¥5.44 | x |
| 2017-12-31 | CN¥3.76 | CN¥5.44 | x |
| 2018-12-31 | CN¥3.82 | CN¥5.44 | x |
| 2019-12-31 | CN¥3.87 | CN¥5.44 | x |
| 2020-12-31 | CN¥3.96 | CN¥5.44 | x |
| 2021-12-31 | CN¥4.05 | CN¥5.44 | x |
| 2022-12-31 | CN¥4.29 | CN¥5.44 | x |
| 2023-12-31 | CN¥4.51 | CN¥5.44 | x |
| 2024-12-31 | CN¥4.65 | CN¥5.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Chunlan Refrigerating Equipment 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): 5.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 144.96%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.02x
- Recent ROE (5.52%) is below the historical average (6.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 37.26% | 12.59% | 1.80x | 1.65x | CN¥143.19 Million |
| 1995 | 44.40% | 12.04% | 1.75x | 2.10x | CN¥167.61 Million |
| 1996 | 39.23% | 12.92% | 1.53x | 1.98x | CN¥189.56 Million |
| 1997 | 31.23% | 15.03% | 1.22x | 1.70x | CN¥170.82 Million |
| 1998 | 19.28% | 14.38% | 0.99x | 1.36x | CN¥132.53 Million |
| 1999 | 17.24% | 13.60% | 0.84x | 1.51x | CN¥111.28 Million |
| 2000 | 15.30% | 14.60% | 0.71x | 1.47x | CN¥92.34 Million |
| 2001 | 7.87% | 13.11% | 0.43x | 1.40x | CN¥-62.48 Million |
| 2002 | 4.05% | 6.92% | 0.48x | 1.21x | CN¥-176.58 Million |
| 2003 | 2.03% | 1.91% | 0.71x | 1.50x | CN¥-241.78 Million |
| 2004 | 0.26% | 0.25% | 0.70x | 1.53x | CN¥-293.37 Million |
| 2005 | -0.87% | -0.80% | 0.66x | 1.64x | CN¥-324.17 Million |
| 2006 | -7.16% | -8.96% | 0.49x | 1.64x | CN¥-476.92 Million |
| 2007 | -14.71% | -15.96% | 0.50x | 1.83x | CN¥-529.51 Million |
| 2008 | 0.56% | 1.28% | 0.33x | 1.33x | CN¥-203.16 Million |
| 2009 | 0.64% | 1.65% | 0.31x | 1.23x | CN¥-202.34 Million |
| 2010 | -17.79% | -31.53% | 0.43x | 1.30x | CN¥-513.51 Million |
| 2011 | 0.98% | 1.92% | 0.35x | 1.47x | CN¥-168.25 Million |
| 2012 | 0.64% | 1.60% | 0.27x | 1.48x | CN¥-175.84 Million |
| 2013 | 1.61% | 3.18% | 0.37x | 1.37x | CN¥-160.11 Million |
| 2014 | 0.58% | 2.34% | 0.18x | 1.35x | CN¥-180.00 Million |
| 2015 | 0.58% | 4.32% | 0.11x | 1.27x | CN¥-181.01 Million |
| 2016 | 0.63% | 6.48% | 0.08x | 1.18x | CN¥-181.32 Million |
| 2017 | 0.90% | 2.15% | 0.33x | 1.28x | CN¥-177.56 Million |
| 2018 | 2.06% | 6.19% | 0.29x | 1.13x | CN¥-157.44 Million |
| 2019 | 1.34% | 13.59% | 0.09x | 1.05x | CN¥-173.86 Million |
| 2020 | 1.94% | 15.60% | 0.12x | 1.08x | CN¥-165.89 Million |
| 2021 | 4.72% | 42.07% | 0.10x | 1.17x | CN¥-111.07 Million |
| 2022 | 5.51% | 43.60% | 0.12x | 1.08x | CN¥-99.92 Million |
| 2023 | 6.32% | 85.61% | 0.07x | 1.02x | CN¥-86.25 Million |
| 2024 | 5.52% | 144.96% | 0.04x | 1.02x | CN¥-108.04 Million |
Industry Comparison
This section compares Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (600854) | CN¥2.30 Billion | 37.26% | 0.07x | $231.39 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |