Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (600854) - Net Assets

Latest as of March 2026: CN¥2.33 Billion CNY ≈ $341.12 Million USD

Based on the latest financial reports, Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (600854) has net assets worth CN¥2.33 Billion CNY (≈ $341.12 Million 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¥2.50 Billion ≈ $365.37 Million USD) and total liabilities (CN¥165.69 Million ≈ $24.25 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 Jiangsu Chunlan Refrigerating Equipment (600854) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.33 Billion
% of Total Assets	93.36%
Annual Growth Rate	4.9%
5-Year Change	18.62%
10-Year Change	23.27%
Growth Volatility	20.85

Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangsu Chunlan Refrigerating Equipment defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (1994–2025)

The table below shows the annual net assets of Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd from 1994 to 2025. For live valuation and market cap data, see 600854 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥2.32 Billion ≈ $339.20 Million	+2.21%
2024-12-31	CN¥2.27 Billion ≈ $331.85 Million	+2.99%
2023-12-31	CN¥2.20 Billion ≈ $322.23 Million	+5.39%
2022-12-31	CN¥2.09 Billion ≈ $305.75 Million	+6.92%
2021-12-31	CN¥1.95 Billion ≈ $285.96 Million	+2.38%
2020-12-31	CN¥1.91 Billion ≈ $279.30 Million	+2.51%
2019-12-31	CN¥1.86 Billion ≈ $272.47 Million	+0.83%
2018-12-31	CN¥1.85 Billion ≈ $270.22 Million	-0.17%
2017-12-31	CN¥1.85 Billion ≈ $270.68 Million	-1.63%
2016-12-31	CN¥1.88 Billion ≈ $275.17 Million	-0.70%
2015-12-31	CN¥1.89 Billion ≈ $277.11 Million	+0.18%
2014-12-31	CN¥1.89 Billion ≈ $276.60 Million	-1.11%
2013-12-31	CN¥1.91 Billion ≈ $279.69 Million	+1.31%
2012-12-31	CN¥1.89 Billion ≈ $276.08 Million	+0.12%
2011-12-31	CN¥1.88 Billion ≈ $275.76 Million	+0.59%
2010-12-31	CN¥1.87 Billion ≈ $274.14 Million	-16.78%
2009-12-31	CN¥2.25 Billion ≈ $329.40 Million	-3.50%
2008-12-31	CN¥2.33 Billion ≈ $341.35 Million	-2.87%
2007-12-31	CN¥2.40 Billion ≈ $351.42 Million	-23.42%
2006-12-31	CN¥3.14 Billion ≈ $458.89 Million	-6.23%
2005-12-31	CN¥3.34 Billion ≈ $489.38 Million	+3.90%
2004-12-31	CN¥3.22 Billion ≈ $471.02 Million	-0.83%
2003-12-31	CN¥3.25 Billion ≈ $474.95 Million	+1.78%
2002-12-31	CN¥3.19 Billion ≈ $466.65 Million	+0.82%
2001-12-31	CN¥3.16 Billion ≈ $462.87 Million	+73.22%
2000-12-31	CN¥1.83 Billion ≈ $267.21 Million	+14.32%
1999-12-31	CN¥1.60 Billion ≈ $233.74 Million	+10.36%
1998-12-31	CN¥1.45 Billion ≈ $211.80 Million	+79.86%
1997-12-31	CN¥804.73 Million ≈ $117.76 Million	+24.09%
1996-12-31	CN¥648.48 Million ≈ $94.89 Million	+33.08%
1995-12-31	CN¥487.27 Million ≈ $71.30 Million	-7.24%
1994-12-31	CN¥525.33 Million ≈ $76.87 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 232.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥2.67 Billion	108.40%
Total Equity	CN¥2.47 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
Shandong Longquan Pipeline Engineering Co Ltd SHE:002671	$323.08 Million
Is Finansal Kiralama AS IS:ISFIN	$323.30 Million
ITAFOS INC. ON F:82E	$323.34 Million
Wholetech System Hitech Ltd TWO:3402	$323.35 Million
Advancetek Enterprise Co Ltd TW:1442	$323.06 Million
Lightbridge Corp NASDAQ:LTBR	$322.86 Million
Suzhou Fushilai Pharmaceutical Co. Ltd. SHE:301258	$322.75 Million
Xinjiang Tianshun Supply Chain Co Ltd SHE:002800	$322.61 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 2024 to 2025, total equity changed from 2,413,777,799 to 2,466,117,975, a change of 52,340,176 (2.2%).
Net income of 127,630,651 contributed positively to equity growth.
Dividend payments of 62,335,025 reduced retained earnings.
Other comprehensive income decreased equity by 636,749,225.
Other factors increased equity by 623,793,775.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥127.63 Million	+5.18%
Dividends Paid	CN¥62.34 Million	-2.53%
Other Comprehensive Income	CN¥-636.75 Million	-25.82%
Other Changes	CN¥623.79 Million	+25.29%
Total Change	CN¥-	2.17%

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: 0.90x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 4.20x to 0.90x 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¥4.25	x
1995-12-31	CN¥0.94	CN¥4.25	x
1996-12-31	CN¥1.25	CN¥4.25	x
1997-12-31	CN¥1.55	CN¥4.25	x
1998-12-31	CN¥2.79	CN¥4.25	x
1999-12-31	CN¥3.01	CN¥4.25	x
2000-12-31	CN¥3.41	CN¥4.25	x
2001-12-31	CN¥5.74	CN¥4.25	x
2002-12-31	CN¥5.81	CN¥4.25	x
2003-12-31	CN¥5.93	CN¥4.25	x
2004-12-31	CN¥5.89	CN¥4.25	x
2005-12-31	CN¥5.83	CN¥4.25	x
2006-12-31	CN¥5.44	CN¥4.25	x
2007-12-31	CN¥4.12	CN¥4.25	x
2008-12-31	CN¥4.16	CN¥4.25	x
2009-12-31	CN¥4.16	CN¥4.25	x
2010-12-31	CN¥3.56	CN¥4.25	x
2011-12-31	CN¥3.60	CN¥4.25	x
2012-12-31	CN¥3.62	CN¥4.25	x
2013-12-31	CN¥3.68	CN¥4.25	x
2014-12-31	CN¥3.67	CN¥4.25	x
2015-12-31	CN¥3.69	CN¥4.25	x
2016-12-31	CN¥3.73	CN¥4.25	x
2017-12-31	CN¥3.76	CN¥4.25	x
2018-12-31	CN¥3.82	CN¥4.25	x
2019-12-31	CN¥3.87	CN¥4.25	x
2020-12-31	CN¥3.96	CN¥4.25	x
2021-12-31	CN¥4.05	CN¥4.25	x
2022-12-31	CN¥4.29	CN¥4.25	x
2023-12-31	CN¥4.51	CN¥4.25	x
2024-12-31	CN¥4.65	CN¥4.25	x
2025-12-31	CN¥4.75	CN¥4.25	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): 5.18%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 134.55%
• Asset Turnover: 0.04x
• Equity Multiplier: 1.00x
Recent ROE (5.18%) is below the historical average (6.79%), 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
2025	5.18%	134.55%	0.04x	1.00x	CN¥-118.98 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: $15,544,183,574
Average return on equity (ROE) among peers: 14.60%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (600854)	CN¥2.33 Billion	37.26%	0.07x	$323.06 Million
Midea Group Co Ltd (000333)	$33.17 Billion	9.83%	1.65x	$79.32 Billion
Changhong Meiling Co Ltd (000521)	$1.35 Billion	22.32%	2.55x	$714.80 Million
Gree Electric Appliances Inc of Zhuhai (000651)	$101.88 Billion	24.06%	2.48x	$30.10 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921)	$14.41 Billion	10.96%	1.90x	$3.65 Billion
Suncha Technology Co Ltd (001211)	$284.49 Million	14.41%	1.06x	$339.25 Million
Elec-Tech International Co Ltd (002005)	$2.67 Billion	9.88%	1.02x	$676.99 Million
Zhejiang Supor Co Ltd (002032)	$96.39 Million	25.29%	2.20x	$4.81 Billion
Vatti Corp Ltd (002035)	$56.22 Million	22.45%	3.75x	$589.18 Million
CNlight Co Ltd (002076)	$388.80 Million	2.76%	0.26x	$430.09 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084)	$1.15 Billion	4.02%	0.60x	$327.10 Million

About Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd

SHG:600854 China Furnishings, Fixtures & Appliances

Market Cap

$323.06 Million

CN¥2.21 Billion CNY

Market Cap Rank

#14560 Global

#4346 in China

Share Price

CN¥4.25

Change (1 day)

-1.16%

52-Week Range

CN¥4.25 - CN¥6.04

All Time High

CN¥8.62