Jiangsu General Science Tech (601500) - Net Assets
Based on the latest financial reports, Jiangsu General Science Tech (601500) has net assets worth CN¥6.19 Billion CNY (≈ $906.21 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¥14.66 Billion ≈ $2.15 Billion USD) and total liabilities (CN¥8.47 Billion ≈ $1.24 Billion 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 Jiangsu General Science Tech asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.19 Billion |
| % of Total Assets | 42.24% |
| Annual Growth Rate | 15.3% |
| 5-Year Change | 46.74% |
| 10-Year Change | 147.97% |
| Growth Volatility | 15.8 |
Jiangsu General Science Tech - Net Assets Trend (2011–2025)
This chart illustrates how Jiangsu General Science Tech's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Jiangsu General Science Tech to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jiangsu General Science Tech (2011–2025)
The table below shows the annual net assets of Jiangsu General Science Tech from 2011 to 2025. For live valuation and market cap data, see Jiangsu General Science Tech (601500) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.28 Billion ≈ $919.33 Million |
+5.29% |
| 2024-12-31 | CN¥5.97 Billion ≈ $873.10 Million |
+7.44% |
| 2023-12-31 | CN¥5.55 Billion ≈ $812.67 Million |
+28.85% |
| 2022-12-31 | CN¥4.31 Billion ≈ $630.70 Million |
+0.67% |
| 2021-12-31 | CN¥4.28 Billion ≈ $626.49 Million |
+16.58% |
| 2020-12-31 | CN¥3.67 Billion ≈ $537.38 Million |
+0.38% |
| 2019-12-31 | CN¥3.66 Billion ≈ $535.34 Million |
+37.14% |
| 2018-12-31 | CN¥2.67 Billion ≈ $390.35 Million |
+2.76% |
| 2017-12-31 | CN¥2.60 Billion ≈ $379.86 Million |
+2.46% |
| 2016-12-31 | CN¥2.53 Billion ≈ $370.74 Million |
+58.83% |
| 2015-12-31 | CN¥1.60 Billion ≈ $233.41 Million |
+14.35% |
| 2014-12-31 | CN¥1.39 Billion ≈ $204.12 Million |
+14.95% |
| 2013-12-31 | CN¥1.21 Billion ≈ $177.56 Million |
+18.80% |
| 2012-12-31 | CN¥1.02 Billion ≈ $149.46 Million |
+19.38% |
| 2011-12-31 | CN¥855.57 Million ≈ $125.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu General Science Tech'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 855.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.59 Billion | 25.48% |
| Other Components | CN¥4.64 Billion | 74.52% |
| Total Equity | CN¥6.23 Billion | 100.00% |
Jiangsu General Science Tech Competitors by Market Cap
The table below lists competitors of Jiangsu General Science Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shantou Dongfeng Printing Co Ltd
SHG:601515
|
$934.95 Million |
|
Middlesex Water Company
NASDAQ:MSEX
|
$935.05 Million |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
$935.12 Million |
|
Groupe Dynamite Inc
TO:GRGD
|
$935.16 Million |
|
Supalai Public Company Limited
BK:SPALI
|
$934.91 Million |
|
Edgewell Personal Care Co
NYSE:EPC
|
$934.53 Million |
|
AAEON Technology Inc
TW:6579
|
$934.26 Million |
|
Equity Bancshares, Inc.
NYSE:EQBK
|
$933.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu General Science Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,912,761,266 to 6,227,090,119, a change of 314,328,853 (5.3%).
- Net income of 201,387,979 contributed positively to equity growth.
- Dividend payments of 247,471,013 reduced retained earnings.
- Other comprehensive income decreased equity by 235,498,544.
- Other factors increased equity by 595,910,431.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥201.39 Million | +3.23% |
| Dividends Paid | CN¥247.47 Million | -3.97% |
| Other Comprehensive Income | CN¥-235.50 Million | -3.78% |
| Other Changes | CN¥595.91 Million | +9.57% |
| Total Change | CN¥- | 5.32% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu General Science Tech'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: 1.03x
- 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 3.07x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.31 | CN¥4.02 | x |
| 2012-12-31 | CN¥1.54 | CN¥4.02 | x |
| 2013-12-31 | CN¥1.84 | CN¥4.02 | x |
| 2014-12-31 | CN¥2.12 | CN¥4.02 | x |
| 2015-12-31 | CN¥2.41 | CN¥4.02 | x |
| 2016-12-31 | CN¥3.60 | CN¥4.02 | x |
| 2017-12-31 | CN¥2.93 | CN¥4.02 | x |
| 2018-12-31 | CN¥3.00 | CN¥4.02 | x |
| 2019-12-31 | CN¥3.51 | CN¥4.02 | x |
| 2020-12-31 | CN¥3.36 | CN¥4.02 | x |
| 2021-12-31 | CN¥3.06 | CN¥4.02 | x |
| 2022-12-31 | CN¥2.54 | CN¥4.02 | x |
| 2023-12-31 | CN¥3.59 | CN¥4.02 | x |
| 2024-12-31 | CN¥3.80 | CN¥4.02 | x |
| 2025-12-31 | CN¥3.92 | CN¥4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu General Science Tech 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): 3.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.37%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.43x
- Recent ROE (3.23%) is below the historical average (7.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 10.83% | 2.73% | 0.83x | 4.76x | CN¥7.12 Million |
| 2012 | 16.22% | 4.65% | 1.01x | 3.46x | CN¥63.55 Million |
| 2013 | 18.16% | 5.93% | 1.05x | 2.90x | CN¥98.97 Million |
| 2014 | 14.53% | 5.79% | 0.98x | 2.55x | CN¥63.16 Million |
| 2015 | 10.03% | 4.98% | 0.89x | 2.26x | CN¥465.94K |
| 2016 | 6.72% | 5.07% | 0.90x | 1.47x | CN¥-83.04 Million |
| 2017 | 5.68% | 3.92% | 0.94x | 1.54x | CN¥-112.09 Million |
| 2018 | 5.55% | 3.85% | 0.87x | 1.66x | CN¥-118.59 Million |
| 2019 | 2.85% | 3.12% | 0.48x | 1.89x | CN¥-261.71 Million |
| 2020 | 2.48% | 2.64% | 0.45x | 2.08x | CN¥-276.22 Million |
| 2021 | 0.27% | 0.27% | 0.48x | 2.08x | CN¥-416.53 Million |
| 2022 | 0.39% | 0.41% | 0.45x | 2.14x | CN¥-413.31 Million |
| 2023 | 3.90% | 4.27% | 0.45x | 2.03x | CN¥-338.27 Million |
| 2024 | 6.32% | 5.37% | 0.45x | 2.60x | CN¥-217.39 Million |
| 2025 | 3.23% | 2.37% | 0.56x | 2.43x | CN¥-421.32 Million |
Industry Comparison
This section compares Jiangsu General Science Tech's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,080,049,954
- Average return on equity (ROE) among peers: 9.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu General Science Tech (601500) | CN¥6.19 Billion | 10.83% | 1.37x | $934.92 Million |
| FAWER Automotive Parts Ltd Co (000030) | $5.30 Billion | 9.49% | 0.52x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.78 Billion | 7.81% | 0.91x | $5.72 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.95 Billion | 10.46% | 0.29x | $2.04 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.61 Billion | 7.75% | 2.40x | $973.66 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.73 Billion | -20.59% | 4.27x | $1.66 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-125.97 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $443.53 Million | 6.07% | 1.06x | $601.27 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $921.70 Million | 3.60% | 3.23x | $1.56 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $307.91 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $86.66 Million | 35.43% | 2.22x | $3.63 Billion |
About Jiangsu General Science Tech
Jiangsu General Science Technology Co., Ltd. manufactures and sells tires in China and internationally. It offers steel radial tires, including short-distance industrial and mining tires, medium and short-distance load-bearing tires, medium and long-distance road transport tires, light truck tires, etc.; semi-steel radial tire products, such as family car tires, urban off-road tires, off-road tir… Read more