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

Latest as of September 2025: CN¥2.30 Billion CNY ≈ $337.15 Million USD

Based on the latest financial reports, Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (600854) has net assets worth CN¥2.30 Billion CNY (≈ $337.15 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¥2.47 Billion ≈ $362.00 Million USD) and total liabilities (CN¥169.78 Million ≈ $24.84 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. Read total liabilities of Jiangsu Chunlan Refrigerating Equipment for a breakdown of total debt and financial obligations.

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. Also explore Jiangsu Chunlan Refrigerating Equipment asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600854 company net worth.

Year	Net Assets	Change
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 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
Fiducial Real Estate SA PA:ORIA	$412.79 Million
Shenzhen Capol International & Associates Co Ltd SHE:002949	$412.81 Million
Uzin Utz AG XETRA:UZU	$412.81 Million
Jinan High tech Development Co Ltd SHG:600807	$412.95 Million
Fubotv Inc NYSE:FUBO	$412.68 Million
Bank7 Corp NASDAQ:BSVN	$412.67 Million
ROX Resources Ltd AU:RXL	$412.56 Million
Bukwang Pharm KO:003000	$412.55 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 5.37x 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¥5.43	x
1995-12-31	CN¥0.94	CN¥5.43	x
1996-12-31	CN¥1.25	CN¥5.43	x
1997-12-31	CN¥1.55	CN¥5.43	x
1998-12-31	CN¥2.79	CN¥5.43	x
1999-12-31	CN¥3.01	CN¥5.43	x
2000-12-31	CN¥3.41	CN¥5.43	x
2001-12-31	CN¥5.74	CN¥5.43	x
2002-12-31	CN¥5.81	CN¥5.43	x
2003-12-31	CN¥5.93	CN¥5.43	x
2004-12-31	CN¥5.89	CN¥5.43	x
2005-12-31	CN¥5.83	CN¥5.43	x
2006-12-31	CN¥5.44	CN¥5.43	x
2007-12-31	CN¥4.12	CN¥5.43	x
2008-12-31	CN¥4.16	CN¥5.43	x
2009-12-31	CN¥4.16	CN¥5.43	x
2010-12-31	CN¥3.56	CN¥5.43	x
2011-12-31	CN¥3.60	CN¥5.43	x
2012-12-31	CN¥3.62	CN¥5.43	x
2013-12-31	CN¥3.68	CN¥5.43	x
2014-12-31	CN¥3.67	CN¥5.43	x
2015-12-31	CN¥3.69	CN¥5.43	x
2016-12-31	CN¥3.73	CN¥5.43	x
2017-12-31	CN¥3.76	CN¥5.43	x
2018-12-31	CN¥3.82	CN¥5.43	x
2019-12-31	CN¥3.87	CN¥5.43	x
2020-12-31	CN¥3.96	CN¥5.43	x
2021-12-31	CN¥4.05	CN¥5.43	x
2022-12-31	CN¥4.29	CN¥5.43	x
2023-12-31	CN¥4.51	CN¥5.43	x
2024-12-31	CN¥4.65	CN¥5.43	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: $17,549,251,672
Average return on equity (ROE) among peers: 11.21%

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	$412.75 Million
Midea Group Co Ltd (000333)	$134.83 Billion	21.19%	1.88x	$81.80 Billion
Changhong Meiling Co Ltd (000521)	$6.19 Billion	11.96%	2.13x	$734.15 Million
Gree Electric Appliances Inc of Zhuhai (000651)	$7.73 Billion	25.45%	2.99x	$32.75 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921)	$12.48 Billion	14.37%	1.72x	$3.28 Billion
Suncha Technology Co Ltd (001211)	$477.06 Million	18.82%	0.71x	$452.94 Million
Elec-Tech International Co Ltd (002005)	$6.45 Billion	-15.06%	1.16x	$738.53 Million
Zhejiang Supor Co Ltd (002032)	$5.01 Billion	17.75%	0.48x	$5.54 Billion
Vatti Corp Ltd (002035)	$1.27 Billion	17.60%	0.86x	$736.79 Million
CNlight Co Ltd (002076)	$259.28 Million	-5.05%	1.04x	$355.44 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084)	$797.95 Million	5.06%	1.07x	$363.03 Million

About Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd

SHG:600854 China Furnishings, Fixtures & Appliances

Market Cap

$412.75 Million

CN¥2.82 Billion CNY

Market Cap Rank

#13570 Global

#4271 in China

Share Price

CN¥5.43

Change (1 day)

+0.18%

52-Week Range

CN¥4.67 - CN¥5.72

All Time High

CN¥8.62