Jiangsu Jiangnan Water Co Ltd (601199) - Net Assets
Based on the latest financial reports, Jiangsu Jiangnan Water Co Ltd (601199) has net assets worth CN¥4.70 Billion CNY (≈ $688.02 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¥7.30 Billion ≈ $1.07 Billion USD) and total liabilities (CN¥2.60 Billion ≈ $380.86 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 Jiangnan Water Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.70 Billion |
| % of Total Assets | 64.37% |
| Annual Growth Rate | 15.63% |
| 5-Year Change | 40.05% |
| 10-Year Change | 81.22% |
| Growth Volatility | 53.7 |
Jiangsu Jiangnan Water Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Jiangsu Jiangnan Water Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Jiangsu Jiangnan Water Co Ltd.
Annual Net Assets for Jiangsu Jiangnan Water Co Ltd (2007–2025)
The table below shows the annual net assets of Jiangsu Jiangnan Water Co Ltd from 2007 to 2025. Also explore 601199 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.62 Billion ≈ $675.45 Million |
+5.26% |
| 2024-12-31 | CN¥4.39 Billion ≈ $641.67 Million |
+17.67% |
| 2023-12-31 | CN¥3.73 Billion ≈ $545.33 Million |
+6.75% |
| 2022-12-31 | CN¥3.49 Billion ≈ $510.85 Million |
+5.92% |
| 2021-12-31 | CN¥3.30 Billion ≈ $482.29 Million |
+7.09% |
| 2020-12-31 | CN¥3.08 Billion ≈ $450.34 Million |
+3.76% |
| 2019-12-31 | CN¥2.97 Billion ≈ $434.01 Million |
+5.97% |
| 2018-12-31 | CN¥2.80 Billion ≈ $409.57 Million |
+3.57% |
| 2017-12-31 | CN¥2.70 Billion ≈ $395.45 Million |
+6.10% |
| 2016-12-31 | CN¥2.55 Billion ≈ $372.72 Million |
+15.79% |
| 2015-12-31 | CN¥2.20 Billion ≈ $321.88 Million |
+11.20% |
| 2014-12-31 | CN¥1.98 Billion ≈ $289.45 Million |
+7.46% |
| 2013-12-31 | CN¥1.84 Billion ≈ $269.35 Million |
+5.16% |
| 2012-12-31 | CN¥1.75 Billion ≈ $256.15 Million |
+7.80% |
| 2011-12-31 | CN¥1.62 Billion ≈ $237.61 Million |
+242.29% |
| 2010-12-31 | CN¥474.38 Million ≈ $69.42 Million |
+16.21% |
| 2009-12-31 | CN¥408.19 Million ≈ $59.73 Million |
+11.19% |
| 2008-12-31 | CN¥367.10 Million ≈ $53.72 Million |
+8.64% |
| 2007-12-31 | CN¥337.90 Million ≈ $49.45 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Jiangnan Water 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 6567.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.53 Billion | 54.75% |
| Other Components | CN¥2.09 Billion | 45.25% |
| Total Equity | CN¥4.62 Billion | 100.00% |
Jiangsu Jiangnan Water Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Jiangnan Water Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Donly Co Ltd
SHE:002164
|
$914.24 Million |
|
Heartland Express Inc
NASDAQ:HTLD
|
$914.84 Million |
|
Tips Music Limited
NSE:TIPSMUSIC
|
$914.91 Million |
|
Axis Real Estate Investment Trust
KLSE:5106
|
$915.09 Million |
|
Mader Group Ltd
AU:MAD
|
$914.16 Million |
|
Centuria Capital Group
AU:CNI
|
$914.03 Million |
|
KPC Pharmaceuticals Inc
SHG:600422
|
$913.85 Million |
|
Rezolve AI Limited Ordinary Shares
NASDAQ:RZLV
|
$913.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Jiangnan Water Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,385,066,451 to 4,615,890,355, a change of 230,823,904 (5.3%).
- Net income of 369,634,893 contributed positively to equity growth.
- Dividend payments of 151,506,859 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥369.63 Million | +8.01% |
| Dividends Paid | CN¥151.51 Million | -3.28% |
| Other Changes | CN¥12.70 Million | +0.28% |
| Total Change | CN¥- | 5.26% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Jiangnan Water 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: 1.35x
- 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 13.75x to 1.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.49 | CN¥6.68 | x |
| 2008-12-31 | CN¥0.53 | CN¥6.68 | x |
| 2009-12-31 | CN¥0.57 | CN¥6.68 | x |
| 2010-12-31 | CN¥0.67 | CN¥6.68 | x |
| 2011-12-31 | CN¥1.87 | CN¥6.68 | x |
| 2012-12-31 | CN¥1.86 | CN¥6.68 | x |
| 2013-12-31 | CN¥1.96 | CN¥6.68 | x |
| 2014-12-31 | CN¥2.12 | CN¥6.68 | x |
| 2015-12-31 | CN¥2.37 | CN¥6.68 | x |
| 2016-12-31 | CN¥2.50 | CN¥6.68 | x |
| 2017-12-31 | CN¥2.65 | CN¥6.68 | x |
| 2018-12-31 | CN¥2.67 | CN¥6.68 | x |
| 2019-12-31 | CN¥3.10 | CN¥6.68 | x |
| 2020-12-31 | CN¥3.28 | CN¥6.68 | x |
| 2021-12-31 | CN¥3.58 | CN¥6.68 | x |
| 2022-12-31 | CN¥3.73 | CN¥6.68 | x |
| 2023-12-31 | CN¥4.03 | CN¥6.68 | x |
| 2024-12-31 | CN¥4.69 | CN¥6.68 | x |
| 2025-12-31 | CN¥4.94 | CN¥6.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Jiangnan Water 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): 8.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.35%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.57x
- Recent ROE (8.01%) is below the historical average (9.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 11.84% | 17.29% | 0.29x | 2.37x | CN¥6.21 Million |
| 2008 | 11.70% | 17.80% | 0.28x | 2.32x | CN¥6.24 Million |
| 2009 | 12.21% | 17.02% | 0.27x | 2.64x | CN¥9.02 Million |
| 2010 | 16.00% | 16.90% | 0.32x | 2.91x | CN¥28.44 Million |
| 2011 | 7.37% | 22.95% | 0.24x | 1.35x | CN¥-42.75 Million |
| 2012 | 7.94% | 26.57% | 0.21x | 1.45x | CN¥-36.05 Million |
| 2013 | 7.91% | 24.87% | 0.19x | 1.64x | CN¥-38.46 Million |
| 2014 | 8.96% | 23.66% | 0.22x | 1.71x | CN¥-20.52 Million |
| 2015 | 12.25% | 31.49% | 0.24x | 1.62x | CN¥49.54 Million |
| 2016 | 12.80% | 29.46% | 0.24x | 1.79x | CN¥71.38 Million |
| 2017 | 9.07% | 22.26% | 0.23x | 1.81x | CN¥-25.22 Million |
| 2018 | 7.11% | 21.68% | 0.21x | 1.58x | CN¥-79.04 Million |
| 2019 | 8.07% | 23.68% | 0.20x | 1.67x | CN¥-56.10 Million |
| 2020 | 7.93% | 25.60% | 0.17x | 1.77x | CN¥-63.77 Million |
| 2021 | 8.39% | 24.82% | 0.19x | 1.73x | CN¥-53.18 Million |
| 2022 | 8.03% | 22.11% | 0.22x | 1.68x | CN¥-68.68 Million |
| 2023 | 8.68% | 23.71% | 0.22x | 1.64x | CN¥-49.28 Million |
| 2024 | 9.17% | 26.22% | 0.22x | 1.59x | CN¥-36.50 Million |
| 2025 | 8.01% | 25.35% | 0.20x | 1.57x | CN¥-91.95 Million |
Industry Comparison
This section compares Jiangsu Jiangnan Water Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,969,212,537
- Average return on equity (ROE) among peers: 3.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Jiangnan Water Co Ltd (601199) | CN¥4.70 Billion | 11.84% | 0.55x | $914.16 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $14.34 Billion | 10.41% | 1.41x | $3.08 Billion |
| Bohai Water Industry Co Ltd (000605) | $343.85 Million | -3.53% | 0.38x | $304.99 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $11.50 Billion | 8.37% | 0.31x | $2.35 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $1.99 Billion | 11.86% | 1.17x | $1.16 Billion |
| Gansu Dayu Water saving Group (300021) | $1.96 Billion | 5.05% | 1.81x | $587.95 Million |
| Beijing Water Business Doctor (300055) | $5.23 Billion | -4.88% | 0.65x | $726.09 Million |
| BGT Group Co. Ltd. (300774) | $1.13 Billion | 13.20% | 0.46x | $608.32 Million |
| Hynar Water Group Co. Ltd. (300961) | $1.03 Billion | -3.41% | 1.69x | $317.79 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $843.87 Million | -3.52% | 1.18x | $553.96 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $1.33 Billion | 5.91% | 0.10x | $630.89 Million |
About Jiangsu Jiangnan Water Co Ltd
Jiangsu Jiangnan Water Co., Ltd. supplies water in China. The company engages in tap water production and sales, drainage and related water treatment, water supply engineering design and technical consulting, water quality testing and meter testing, and investment in public infrastructure. It also owns 3 surface water plants with a daily water supply capacity of 1.1 million cubic meters. In addit… Read more