Jiangxi Salt Industry Group Co. Ltd. A Net Assets
Jiangxi Salt Industry Group Co. Ltd. A net assets. Based on the latest financial reports, Jiangxi Salt Industry Group Co. Ltd. A (601065) has net assets worth CN¥4.45 Billion CNY (≈ $650.72 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.63 Billion ≈ $823.42 Million USD) and total liabilities (CN¥1.18 Billion ≈ $172.70 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. Also explore net asset growth rate of Jiangxi Salt Industry Group Co. Ltd. A to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.45 Billion |
| % of Total Assets | 79.03% |
| Annual Growth Rate | 36.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 37.06 |
Net Assets of Jiangxi Salt Industry Group Co. Ltd. A (2021–2024)
Net assets of Jiangxi Salt Industry Group Co. Ltd. A from 2021 to 2024. This chart illustrates how Jiangxi Salt Industry Group Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Jiangxi Salt Industry Group Co. Ltd. A net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Jiangxi Salt Industry Group Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Jiangxi Salt Industry Group Co. Ltd. A from 2021 to 2024. For live market cap and overall valuation, see 601065 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.44 Billion ≈ $650.11 Million |
+6.42% |
| 2023-12-31 | CN¥4.17 Billion ≈ $610.89 Million |
+92.51% |
| 2022-12-31 | CN¥2.17 Billion ≈ $317.33 Million |
+24.52% |
| 2021-12-31 | CN¥1.74 Billion ≈ $254.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Salt Industry Group Co. Ltd. A'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 625.5% over the analyzed period, indicating profitable operations and earnings retention.
Jiangxi Salt Industry Group Co. Ltd. A Net Assets Breakdown (December 2024)
Jiangxi Salt Industry Group Co. Ltd. A net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.20 Billion | 27.53% |
| Other Components | CN¥3.17 Billion | 72.47% |
| Total Equity | CN¥4.37 Billion | 100.00% |
Jiangxi Salt Industry Group Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Jiangxi Salt Industry Group Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kyung Dong Navien Co Ltd
KO:009450
|
$598.45 Million |
|
VGI Public Company Limited
BK:VGI
|
$598.52 Million |
|
Xiamen East Asia Machinery Industrial Co. Ltd.
SHE:301028
|
$598.67 Million |
|
Chengdu M&S Electronics Technology Co Ltd
SHG:688311
|
$598.90 Million |
|
Shandong Binzhou Bohai Piston Co Ltd
SHG:600960
|
$598.09 Million |
|
NORVA24 GROUP AB (PUBL.)
F:WG0
|
$598.00 Million |
|
Xian Peri Power Semiconductor Cond
SHE:300831
|
$597.97 Million |
|
Candel Therapeutics Inc
NASDAQ:CADL
|
$597.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Salt Industry Group Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,116,762,697 to 4,374,335,137, a change of 257,572,440 (6.3%).
- Net income of 460,974,018 contributed positively to equity growth.
- Dividend payments of 227,552,904 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥460.97 Million | +10.54% |
| Dividends Paid | CN¥227.55 Million | -5.2% |
| Other Changes | CN¥24.15 Million | +0.55% |
| Total Change | CN¥- | 6.26% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Salt Industry Group Co. Ltd. A'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: 0.93x
- 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 1.82x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.50 | CN¥6.36 | x |
| 2022-12-31 | CN¥4.38 | CN¥6.36 | x |
| 2023-12-31 | CN¥6.40 | CN¥6.36 | x |
| 2024-12-31 | CN¥6.81 | CN¥6.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Salt Industry Group Co. Ltd. A 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): 10.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.18%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.29x
- Recent ROE (10.54%) is below the historical average (13.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.78% | 8.85% | 0.50x | 2.41x | CN¥13.13 Million |
| 2022 | 19.94% | 14.35% | 0.72x | 1.93x | CN¥210.04 Million |
| 2023 | 12.03% | 17.14% | 0.50x | 1.39x | CN¥83.37 Million |
| 2024 | 10.54% | 17.18% | 0.47x | 1.29x | CN¥23.54 Million |
Industry Comparison
This section compares Jiangxi Salt Industry Group Co. Ltd. A's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $991,894,555
- Average return on equity (ROE) among peers: 1.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Salt Industry Group Co. Ltd. A (601065) | CN¥4.45 Billion | 10.78% | 0.27x | $598.21 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $383.12 Million | 3.30% | 0.39x | $995.47 Million |
| Hainan Pearl River Holdings Co Ltd (000505) | $3.21 Billion | -8.28% | 0.90x | $553.12 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.36 Billion | 10.76% | 0.28x | $257.47 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $346.86 Million | 8.47% | 1.75x | $578.40 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $811.32 Million | 0.67% | 0.20x | $458.81 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $347.83 Million | 14.46% | 2.30x | $12.43 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $760.28 Million | -33.42% | 2.17x | $387.12 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $332.95 Million | 17.62% | 0.88x | $440.32 Million |
| Qingdao Foods Co Ltd (001219) | $923.11 Million | 9.90% | 0.10x | $641.69 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.44 Billion | -13.20% | 0.26x | $1.14 Billion |
About Jiangxi Salt Industry Group Co. Ltd. A
Jiangxi Salt Industry Group Co., Ltd engages in the research and development, production, and sale of salt products in China. The company offers table and industrial salts; wholesale and retail salt products, such as alum and calcium products; and salt chemical products, including soda ash and baking soda under the Jinggang, Baixian, and Qingjiang Guhai brand names. It also involved in the underg… Read more