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¥4.55 Billion CNY (≈ $665.89 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¥7.04 Billion ≈ $1.03 Billion USD) and total liabilities (CN¥2.49 Billion ≈ $364.63 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.55 Billion |
| % of Total Assets | 64.62% |
| Annual Growth Rate | 16.27% |
| 5-Year Change | 42.49% |
| 10-Year Change | 99.35% |
| Growth Volatility | 55.1 |
Jiangsu Jiangnan Water Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Jiangsu Jiangnan Water Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 601199 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Jiangnan Water Co Ltd (2007–2024)
The table below shows the annual net assets of Jiangsu Jiangnan Water Co Ltd from 2007 to 2024. For live valuation and market cap data, see Jiangsu Jiangnan Water Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 6041.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.33 Billion | 53.10% |
| Common Stock | CN¥935.21 Million | 21.33% |
| Other Components | CN¥1.12 Billion | 25.58% |
| Total Equity | CN¥4.39 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 |
|---|---|
|
Aeon Credit Service Bhd
KLSE:5139
|
$770.47 Million |
|
Diversified United Investment Ltd
AU:DUI
|
$770.60 Million |
|
China Catalyst Holding Co. Ltd. A
SHG:688267
|
$770.67 Million |
|
BioAge Labs, Inc
NASDAQ:BIOA
|
$770.75 Million |
|
Beijing SPC Environment Protection Tech Co Ltd
SHE:002573
|
$770.40 Million |
|
Hannstar Display Corp
TW:6116
|
$770.04 Million |
|
Sumber Tani Agung Resources Tbk PT
JK:STAA
|
$769.87 Million |
|
Shanghai Amarsoft Information & Technolgy Co Ltd
SHE:300380
|
$769.80 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 2023 to 2024, total equity changed from 3,726,688,629 to 4,385,066,451, a change of 658,377,822 (17.7%).
- Net income of 402,004,358 contributed positively to equity growth.
- Dividend payments of 139,336,396 reduced retained earnings.
- Other factors increased equity by 395,709,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥402.00 Million | +9.17% |
| Dividends Paid | CN¥139.34 Million | -3.18% |
| Other Changes | CN¥395.71 Million | +9.02% |
| Total Change | CN¥- | 17.67% |
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: 1.20x
- 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 11.59x to 1.20x 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¥5.63 | x |
| 2008-12-31 | CN¥0.53 | CN¥5.63 | x |
| 2009-12-31 | CN¥0.57 | CN¥5.63 | x |
| 2010-12-31 | CN¥0.67 | CN¥5.63 | x |
| 2011-12-31 | CN¥1.87 | CN¥5.63 | x |
| 2012-12-31 | CN¥1.86 | CN¥5.63 | x |
| 2013-12-31 | CN¥1.96 | CN¥5.63 | x |
| 2014-12-31 | CN¥2.06 | CN¥5.63 | x |
| 2015-12-31 | CN¥2.39 | CN¥5.63 | x |
| 2016-12-31 | CN¥2.50 | CN¥5.63 | x |
| 2017-12-31 | CN¥2.65 | CN¥5.63 | x |
| 2018-12-31 | CN¥2.67 | CN¥5.63 | x |
| 2019-12-31 | CN¥3.11 | CN¥5.63 | x |
| 2020-12-31 | CN¥3.29 | CN¥5.63 | x |
| 2021-12-31 | CN¥3.52 | CN¥5.63 | x |
| 2022-12-31 | CN¥3.73 | CN¥5.63 | x |
| 2023-12-31 | CN¥4.03 | CN¥5.63 | x |
| 2024-12-31 | CN¥4.69 | CN¥5.63 | 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): 9.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.22%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.59x
- Recent ROE (9.17%) is below the historical average (9.75%), 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 |
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: $4,513,192,140
- Average return on equity (ROE) among peers: 5.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Jiangnan Water Co Ltd (601199) | CN¥4.55 Billion | 11.84% | 0.55x | $770.47 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $15.74 Billion | 10.28% | 1.44x | $2.96 Billion |
| Bohai Water Industry Co Ltd (000605) | $1.14 Billion | 3.98% | 1.14x | $373.10 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $11.50 Billion | 8.37% | 0.31x | $2.56 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $1.99 Billion | 11.86% | 1.17x | $1.30 Billion |
| Gansu Dayu Water saving Group (300021) | $1.55 Billion | 6.45% | 1.46x | $674.72 Million |
| Beijing Water Business Doctor (300055) | $5.73 Billion | -1.38% | 0.29x | $1.40 Billion |
| BGT Group Co. Ltd. (300774) | $1.02 Billion | 11.72% | 0.28x | $1.02 Billion |
| Hynar Water Group Co. Ltd. (300961) | $1.03 Billion | -3.41% | 1.69x | $349.43 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $870.50 Million | -3.37% | 1.10x | $637.86 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $4.56 Billion | 7.36% | 0.75x | $735.55 Million |
About Jiangsu Jiangnan Water Co Ltd
Jiangsu Jiangnan Water Co., Ltd. supplies water in China. The company engages in the drainage and water treatment-related business; water supply engineering design and technical consulting; water quality testing; water meter measurement and testing; and public infrastructure investing business. The company owns 3 surface water plants with a daily water supply capacity of 1.1 million cubic meters.… Read more