Jonjee Hi-tech Industrial and Commercial Holding Co Ltd

SHG:600872 China Packaged Foods
Market Cap
$1.97 Billion
CN¥14.43 Billion CNY
Market Cap Rank
#6091 Global
#883 in China
Share Price
CN¥18.54
Change (1 day)
+1.70%
52-Week Range
CN¥16.90 - CN¥21.76
All Time High
CN¥80.96
About

Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd produces and sells seasoning products in China and internationally. The company offers soy sauce, chicken powder, oyster sauce, sauce, cooking wine, vinegar, edible oil, fermented bean curd, sauces, monosodium glutamate, and other seasoning products. It also provides property services, gardening, and housing brokerage services. In addition,… Read more

Jonjee Hi-tech Industrial and Commercial Holding Co Ltd (600872) - Net Assets

Latest net assets as of September 2025: CN¥5.85 Billion CNY

Based on the latest financial reports, Jonjee Hi-tech Industrial and Commercial Holding Co Ltd (600872) has net assets worth CN¥5.85 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¥8.05 Billion) and total liabilities (CN¥2.20 Billion). 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¥5.85 Billion
% of Total Assets 72.64%
Annual Growth Rate 7.31%
5-Year Change 15.59%
10-Year Change 106.18%
Growth Volatility 13.5

Jonjee Hi-tech Industrial and Commercial Holding Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Jonjee Hi-tech Industrial and Commercial Holding 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 Jonjee Hi-tech Industrial and Commercial Holding Co Ltd (1994–2024)

The table below shows the annual net assets of Jonjee Hi-tech Industrial and Commercial Holding Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.77 Billion +7.22%
2023-12-31 CN¥5.38 Billion +55.32%
2022-12-31 CN¥3.46 Billion -18.48%
2021-12-31 CN¥4.25 Billion -14.85%
2020-12-31 CN¥4.99 Billion +17.57%
2019-12-31 CN¥4.25 Billion +7.55%
2018-12-31 CN¥3.95 Billion +14.42%
2017-12-31 CN¥3.45 Billion +11.69%
2016-12-31 CN¥3.09 Billion +10.38%
2015-12-31 CN¥2.80 Billion +7.12%
2014-12-31 CN¥2.61 Billion +9.55%
2013-12-31 CN¥2.38 Billion +8.92%
2012-12-31 CN¥2.19 Billion +6.96%
2011-12-31 CN¥2.05 Billion +5.88%
2010-12-31 CN¥1.93 Billion +3.85%
2009-12-31 CN¥1.86 Billion +0.34%
2008-12-31 CN¥1.86 Billion +19.14%
2007-12-31 CN¥1.56 Billion +5.23%
2006-12-31 CN¥1.48 Billion +2.23%
2005-12-31 CN¥1.45 Billion +2.23%
2004-12-31 CN¥1.42 Billion +2.15%
2003-12-31 CN¥1.39 Billion +2.24%
2002-12-31 CN¥1.36 Billion +0.87%
2001-12-31 CN¥1.34 Billion -9.63%
2000-12-31 CN¥1.49 Billion +12.19%
1999-12-31 CN¥1.33 Billion +34.52%
1998-12-31 CN¥985.59 Million +10.19%
1997-12-31 CN¥894.43 Million +12.95%
1996-12-31 CN¥791.88 Million +21.64%
1995-12-31 CN¥650.98 Million -6.21%
1994-12-31 CN¥694.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jonjee Hi-tech Industrial and Commercial Holding 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 grown by 5374.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.64 Billion 82.71%
Common Stock CN¥783.22 Million 13.95%
Other Comprehensive Income CN¥50.86 Million 0.91%
Other Components CN¥136.40 Million 2.43%
Total Equity CN¥5.61 Billion 100.00%

Jonjee Hi-tech Industrial and Commercial Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Jonjee Hi-tech Industrial and Commercial Holding Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jonjee Hi-tech Industrial and Commercial Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,704,744,444 to 5,614,023,477, a change of 909,279,033 (19.3%).
  • Net income of 893,066,522 contributed positively to equity growth.
  • Dividend payments of 290,164,697 reduced retained earnings.
  • Share repurchases of 100,597,043 reduced equity.
  • Other comprehensive income decreased equity by 255,439,179.
  • Other factors increased equity by 662,413,430.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥893.07 Million +15.91%
Dividends Paid CN¥290.16 Million -5.17%
Share Repurchases CN¥100.60 Million -1.79%
Other Comprehensive Income CN¥-255.44 Million -4.55%
Other Changes CN¥662.41 Million +11.8%
Total Change CN¥- 19.33%

Book Value vs Market Value Analysis

This analysis compares Jonjee Hi-tech Industrial and Commercial Holding 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: 2.58x
  • 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 22.79x to 2.58x 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¥0.81 CN¥18.54 x
1995-12-31 CN¥0.76 CN¥18.54 x
1996-12-31 CN¥0.93 CN¥18.54 x
1997-12-31 CN¥1.05 CN¥18.54 x
1998-12-31 CN¥1.16 CN¥18.54 x
1999-12-31 CN¥1.51 CN¥18.54 x
2000-12-31 CN¥1.67 CN¥18.54 x
2001-12-31 CN¥1.50 CN¥18.54 x
2002-12-31 CN¥1.54 CN¥18.54 x
2003-12-31 CN¥1.56 CN¥18.54 x
2004-12-31 CN¥1.60 CN¥18.54 x
2005-12-31 CN¥1.64 CN¥18.54 x
2006-12-31 CN¥1.56 CN¥18.54 x
2007-12-31 CN¥1.83 CN¥18.54 x
2008-12-31 CN¥1.91 CN¥18.54 x
2009-12-31 CN¥2.04 CN¥18.54 x
2010-12-31 CN¥2.13 CN¥18.54 x
2011-12-31 CN¥2.29 CN¥18.54 x
2012-12-31 CN¥2.45 CN¥18.54 x
2013-12-31 CN¥2.68 CN¥18.54 x
2014-12-31 CN¥2.96 CN¥18.54 x
2015-12-31 CN¥3.16 CN¥18.54 x
2016-12-31 CN¥3.51 CN¥18.54 x
2017-12-31 CN¥3.94 CN¥18.54 x
2018-12-31 CN¥4.53 CN¥18.54 x
2019-12-31 CN¥4.96 CN¥18.54 x
2020-12-31 CN¥5.79 CN¥18.54 x
2021-12-31 CN¥4.87 CN¥18.54 x
2022-12-31 CN¥3.90 CN¥18.54 x
2023-12-31 CN¥6.10 CN¥18.54 x
2024-12-31 CN¥7.19 CN¥18.54 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jonjee Hi-tech Industrial and Commercial Holding 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): 15.91%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.18%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.47x
  • Recent ROE (15.91%) is above the historical average (9.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 12.81% 25.86% 0.27x 1.86x CN¥18.62 Million
1995 11.06% 25.51% 0.21x 2.06x CN¥6.54 Million
1996 10.24% 24.75% 0.22x 1.90x CN¥1.80 Million
1997 10.57% 20.33% 0.27x 1.94x CN¥4.90 Million
1998 8.07% 15.30% 0.27x 1.95x CN¥-18.12 Million
1999 8.53% 16.37% 0.28x 1.84x CN¥-18.06 Million
2000 5.31% 9.60% 0.29x 1.91x CN¥-63.65 Million
2001 5.30% 7.75% 0.35x 1.96x CN¥-57.47 Million
2002 0.88% 1.34% 0.34x 1.94x CN¥-114.20 Million
2003 1.65% 2.93% 0.30x 1.89x CN¥-105.78 Million
2004 1.68% 2.53% 0.37x 1.77x CN¥-108.55 Million
2005 2.03% 3.58% 0.33x 1.75x CN¥-106.28 Million
2006 2.33% 3.72% 0.36x 1.72x CN¥-104.19 Million
2007 5.07% 7.06% 0.41x 1.75x CN¥-71.86 Million
2008 5.25% 8.25% 0.37x 1.74x CN¥-72.29 Million
2009 4.23% 7.16% 0.35x 1.69x CN¥-93.68 Million
2010 5.78% 7.69% 0.44x 1.72x CN¥-71.65 Million
2011 7.16% 7.52% 0.54x 1.77x CN¥-51.83 Million
2012 6.45% 7.17% 0.50x 1.79x CN¥-69.09 Million
2013 9.98% 9.18% 0.63x 1.73x CN¥-429.42K
2014 12.18% 10.86% 0.65x 1.72x CN¥51.32 Million
2015 9.84% 8.96% 0.61x 1.80x CN¥-4.13 Million
2016 12.95% 11.47% 0.64x 1.75x CN¥82.44 Million
2017 14.43% 12.56% 0.68x 1.69x CN¥139.18 Million
2018 16.85% 14.58% 0.70x 1.66x CN¥246.95 Million
2019 18.18% 15.36% 0.79x 1.51x CN¥323.05 Million
2020 19.28% 17.37% 0.77x 1.44x CN¥428.34 Million
2021 19.36% 14.50% 0.86x 1.54x CN¥358.73 Million
2022 -19.68% -11.09% 0.86x 2.07x CN¥-893.16 Million
2023 36.07% 33.02% 0.76x 1.43x CN¥1.23 Billion
2024 15.91% 16.18% 0.67x 1.47x CN¥331.66 Million

Industry Comparison

This section compares Jonjee Hi-tech Industrial and Commercial Holding Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,496,572,190
  • Average return on equity (ROE) among peers: -3.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jonjee Hi-tech Industrial and Commercial Holding Co Ltd (600872) CN¥5.85 Billion 12.81% 0.38x $1.39 Billion
Xiwang Foodstuffs Co Ltd (000639) $65.61 Million -62.17% 1.91x $345.26 Million
Nanfang Black Sesame Group Co Ltd (000716) $199.49 Million -32.62% 2.81x $346.21 Million
CNFC Overseas Fishery Co Ltd (000798) $727.64 Million 8.49% 0.27x $430.25 Million
Henan Shuanghui Investment & Development Co Ltd (000895) $16.36 Billion 24.69% 0.34x $3.98 Billion
Xinjiang Chalkis Co Ltd (000972) $760.28 Million -33.42% 2.17x $202.97 Million
Zhengzhou Qianweiyangchu Food Co Ltd (001215) $332.95 Million 17.62% 0.88x $266.09 Million
Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) $1.35 Billion 9.31% 0.15x $160.97 Million
Guangdong Yuehai Feeds Group Co.Ltd. (001313) $2.07 Billion 7.87% 0.47x $169.20 Million
Shandong Oriental Ocean Sci-Tech Co Ltd (002086) $393.72 Million 8.08% 0.70x $460.31 Million
Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) $2.70 Billion 14.52% 0.66x $903.18 Million