Jonjee Hi-tech Industrial and Commercial Holding Co Ltd (600872) - Net Assets
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 (≈ $856.12 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¥8.05 Billion ≈ $1.18 Billion USD) and total liabilities (CN¥2.20 Billion ≈ $322.51 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 Jonjee Hi-tech Industrial and Commercial PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see 600872 market cap.
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. Also explore Jonjee Hi-tech Industrial and Commercial (600872) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.77 Billion ≈ $844.34 Million |
+7.22% |
| 2023-12-31 | CN¥5.38 Billion ≈ $787.52 Million |
+55.32% |
| 2022-12-31 | CN¥3.46 Billion ≈ $507.01 Million |
-18.48% |
| 2021-12-31 | CN¥4.25 Billion ≈ $621.96 Million |
-14.85% |
| 2020-12-31 | CN¥4.99 Billion ≈ $730.43 Million |
+17.57% |
| 2019-12-31 | CN¥4.25 Billion ≈ $621.29 Million |
+7.55% |
| 2018-12-31 | CN¥3.95 Billion ≈ $577.69 Million |
+14.42% |
| 2017-12-31 | CN¥3.45 Billion ≈ $504.87 Million |
+11.69% |
| 2016-12-31 | CN¥3.09 Billion ≈ $452.03 Million |
+10.38% |
| 2015-12-31 | CN¥2.80 Billion ≈ $409.52 Million |
+7.12% |
| 2014-12-31 | CN¥2.61 Billion ≈ $382.30 Million |
+9.55% |
| 2013-12-31 | CN¥2.38 Billion ≈ $348.97 Million |
+8.92% |
| 2012-12-31 | CN¥2.19 Billion ≈ $320.40 Million |
+6.96% |
| 2011-12-31 | CN¥2.05 Billion ≈ $299.55 Million |
+5.88% |
| 2010-12-31 | CN¥1.93 Billion ≈ $282.93 Million |
+3.85% |
| 2009-12-31 | CN¥1.86 Billion ≈ $272.44 Million |
+0.34% |
| 2008-12-31 | CN¥1.86 Billion ≈ $271.52 Million |
+19.14% |
| 2007-12-31 | CN¥1.56 Billion ≈ $227.89 Million |
+5.23% |
| 2006-12-31 | CN¥1.48 Billion ≈ $216.57 Million |
+2.23% |
| 2005-12-31 | CN¥1.45 Billion ≈ $211.84 Million |
+2.23% |
| 2004-12-31 | CN¥1.42 Billion ≈ $207.21 Million |
+2.15% |
| 2003-12-31 | CN¥1.39 Billion ≈ $202.85 Million |
+2.24% |
| 2002-12-31 | CN¥1.36 Billion ≈ $198.40 Million |
+0.87% |
| 2001-12-31 | CN¥1.34 Billion ≈ $196.69 Million |
-9.63% |
| 2000-12-31 | CN¥1.49 Billion ≈ $217.66 Million |
+12.19% |
| 1999-12-31 | CN¥1.33 Billion ≈ $194.01 Million |
+34.52% |
| 1998-12-31 | CN¥985.59 Million ≈ $144.22 Million |
+10.19% |
| 1997-12-31 | CN¥894.43 Million ≈ $130.88 Million |
+12.95% |
| 1996-12-31 | CN¥791.88 Million ≈ $115.88 Million |
+21.64% |
| 1995-12-31 | CN¥650.98 Million ≈ $95.26 Million |
-6.21% |
| 1994-12-31 | CN¥694.06 Million ≈ $101.56 Million |
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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.
| Company | Market Cap |
|---|---|
|
Anywhere Real Estate Inc
NYSE:HOUS
|
$1.98 Billion |
|
Inno Laser Technology Co. Ltd.
SHE:301021
|
$1.98 Billion |
|
Pfizer Limited
NSE:PFIZER
|
$1.98 Billion |
|
Wasu Media Holding Co Ltd
SHE:000156
|
$1.98 Billion |
|
Guangdong Alpha Animation and Culture Co Ltd
SHE:002292
|
$1.98 Billion |
|
Jindal Saw Limited
NSE:JINDALSAW
|
$1.98 Billion |
|
Shenzhen Airport Co Ltd
SHE:000089
|
$1.97 Billion |
|
Hoist Finance AB
ST:HOFI
|
$1.97 Billion |
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: 2.41x
- 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 21.33x to 2.41x 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¥17.35 | x |
| 1995-12-31 | CN¥0.76 | CN¥17.35 | x |
| 1996-12-31 | CN¥0.93 | CN¥17.35 | x |
| 1997-12-31 | CN¥1.05 | CN¥17.35 | x |
| 1998-12-31 | CN¥1.16 | CN¥17.35 | x |
| 1999-12-31 | CN¥1.51 | CN¥17.35 | x |
| 2000-12-31 | CN¥1.67 | CN¥17.35 | x |
| 2001-12-31 | CN¥1.50 | CN¥17.35 | x |
| 2002-12-31 | CN¥1.54 | CN¥17.35 | x |
| 2003-12-31 | CN¥1.56 | CN¥17.35 | x |
| 2004-12-31 | CN¥1.60 | CN¥17.35 | x |
| 2005-12-31 | CN¥1.64 | CN¥17.35 | x |
| 2006-12-31 | CN¥1.56 | CN¥17.35 | x |
| 2007-12-31 | CN¥1.83 | CN¥17.35 | x |
| 2008-12-31 | CN¥1.91 | CN¥17.35 | x |
| 2009-12-31 | CN¥2.04 | CN¥17.35 | x |
| 2010-12-31 | CN¥2.13 | CN¥17.35 | x |
| 2011-12-31 | CN¥2.29 | CN¥17.35 | x |
| 2012-12-31 | CN¥2.45 | CN¥17.35 | x |
| 2013-12-31 | CN¥2.68 | CN¥17.35 | x |
| 2014-12-31 | CN¥2.96 | CN¥17.35 | x |
| 2015-12-31 | CN¥3.16 | CN¥17.35 | x |
| 2016-12-31 | CN¥3.51 | CN¥17.35 | x |
| 2017-12-31 | CN¥3.94 | CN¥17.35 | x |
| 2018-12-31 | CN¥4.53 | CN¥17.35 | x |
| 2019-12-31 | CN¥4.96 | CN¥17.35 | x |
| 2020-12-31 | CN¥5.79 | CN¥17.35 | x |
| 2021-12-31 | CN¥4.87 | CN¥17.35 | x |
| 2022-12-31 | CN¥3.90 | CN¥17.35 | x |
| 2023-12-31 | CN¥6.10 | CN¥17.35 | x |
| 2024-12-31 | CN¥7.19 | CN¥17.35 | 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: $1,256,915,626
- Average return on equity (ROE) among peers: 5.67%
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 | $1.98 Billion |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $280.57 Million | 10.76% | 0.55x | $1.12 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $399.64 Million | -9.56% | 0.79x | $656.76 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $5.03 Billion | 9.32% | 1.05x | $251.15 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $369.39 Million | 4.26% | 1.10x | $570.68 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $796.52 Million | 0.36% | 0.09x | $556.78 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.73 Billion | 20.55% | 0.47x | $11.85 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $28.88 Million | 16.61% | 5.34x | $462.74 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.22 Billion | 11.05% | 0.49x | $476.01 Million |
| Qingdao Foods Co Ltd (001219) | $273.68 Million | 14.03% | 0.19x | $364.07 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.44 Billion | -20.73% | 1.27x | $593.38 Million |
About Jonjee Hi-tech Industrial and Commercial Holding Co Ltd
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