Jilin Expressway Co Ltd
Jilin Expressway Co., Ltd., through its subsidiaries, invests in, develops, constructs, operates, manages, and maintains toll roads in the Jilin Province, China. It operates and manages Changping Expressway and Changchun Ring Expressway Northwest Ring. The company also engages in the distribution of refined oil; construction and installation of toll lanes and ancillary equipment; and construction… Read more
Jilin Expressway Co Ltd (601518) - Net Assets
Latest net assets as of September 2025: CN¥6.09 Billion CNY
Based on the latest financial reports, Jilin Expressway Co Ltd (601518) has net assets worth CN¥6.09 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.50 Billion) and total liabilities (CN¥414.27 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.09 Billion |
| % of Total Assets | 93.63% |
| Annual Growth Rate | 7.24% |
| 5-Year Change | 43.61% |
| 10-Year Change | 103.69% |
| Growth Volatility | 4.22 |
Jilin Expressway Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Jilin Expressway Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jilin Expressway Co Ltd (2007–2024)
The table below shows the annual net assets of Jilin Expressway Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.82 Billion | +7.77% |
| 2023-12-31 | CN¥5.40 Billion | +12.26% |
| 2022-12-31 | CN¥4.81 Billion | +8.93% |
| 2021-12-31 | CN¥4.42 Billion | +8.97% |
| 2020-12-31 | CN¥4.05 Billion | +1.77% |
| 2019-12-31 | CN¥3.98 Billion | +4.23% |
| 2018-12-31 | CN¥3.82 Billion | +18.52% |
| 2017-12-31 | CN¥3.22 Billion | +7.18% |
| 2016-12-31 | CN¥3.01 Billion | +5.26% |
| 2015-12-31 | CN¥2.86 Billion | +2.60% |
| 2014-12-31 | CN¥2.79 Billion | +7.23% |
| 2013-12-31 | CN¥2.60 Billion | +9.16% |
| 2012-12-31 | CN¥2.38 Billion | +10.94% |
| 2011-12-31 | CN¥2.14 Billion | +10.17% |
| 2010-12-31 | CN¥1.95 Billion | +4.76% |
| 2009-12-31 | CN¥1.86 Billion | +1.70% |
| 2008-12-31 | CN¥1.83 Billion | +3.10% |
| 2007-12-31 | CN¥1.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jilin Expressway 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 297928634000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.98 Billion | 55.31% |
| Common Stock | CN¥1.89 Billion | 35.10% |
| Other Comprehensive Income | CN¥436.06 Million | 8.10% |
| Other Components | CN¥80.39 Million | 1.49% |
| Total Equity | CN¥5.39 Billion | 100.00% |
Jilin Expressway Co Ltd Competitors by Market Cap
The table below lists competitors of Jilin Expressway Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kumba Iron Ore Ltd PK
PINK:KIROY
|
$248.39 Million |
|
Alpine Banks of Colorado
OTCQX:ALPIB
|
$248.47 Million |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
$248.48 Million |
|
Nanjing CIGU Technology Corp. Ltd. A
SHG:688448
|
$248.50 Million |
|
Dimerco Express
TWO:5609
|
$248.24 Million |
|
Apex Healthcare Bhd
KLSE:7090
|
$248.22 Million |
|
PT Daya Intiguna Yasa Tbk
JK:MDIY
|
$248.15 Million |
|
Rocky Brands Inc
NASDAQ:RCKY
|
$248.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jilin Expressway Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,017,747,860 to 5,386,290,265, a change of 368,542,405 (7.3%).
- Net income of 538,829,185 contributed positively to equity growth.
- Dividend payments of 185,693,447 reduced retained earnings.
- Other comprehensive income increased equity by 45,355,557.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥538.83 Million | +10.0% |
| Dividends Paid | CN¥185.69 Million | -3.45% |
| Other Comprehensive Income | CN¥45.36 Million | +0.84% |
| Other Changes | CN¥-29.95 Million | -0.56% |
| Total Change | CN¥- | 7.34% |
Book Value vs Market Value Analysis
This analysis compares Jilin Expressway 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: 1.07x
- 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 2.70x to 1.07x 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¥1.13 | CN¥3.05 | x |
| 2008-12-31 | CN¥1.17 | CN¥3.05 | x |
| 2009-12-31 | CN¥1.19 | CN¥3.05 | x |
| 2010-12-31 | CN¥0.94 | CN¥3.05 | x |
| 2011-12-31 | CN¥1.10 | CN¥3.05 | x |
| 2012-12-31 | CN¥1.23 | CN¥3.05 | x |
| 2013-12-31 | CN¥1.34 | CN¥3.05 | x |
| 2014-12-31 | CN¥1.44 | CN¥3.05 | x |
| 2015-12-31 | CN¥1.41 | CN¥3.05 | x |
| 2016-12-31 | CN¥1.58 | CN¥3.05 | x |
| 2017-12-31 | CN¥1.67 | CN¥3.05 | x |
| 2018-12-31 | CN¥1.95 | CN¥3.05 | x |
| 2019-12-31 | CN¥1.93 | CN¥3.05 | x |
| 2020-12-31 | CN¥1.99 | CN¥3.05 | x |
| 2021-12-31 | CN¥2.95 | CN¥3.05 | x |
| 2022-12-31 | CN¥2.36 | CN¥3.05 | x |
| 2023-12-31 | CN¥2.66 | CN¥3.05 | x |
| 2024-12-31 | CN¥2.85 | CN¥3.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jilin Expressway 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): 10.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.30%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.17x
- Recent ROE (10.00%) is above the historical average (8.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 9.23% | 25.47% | 0.22x | 1.68x | CN¥-10.79 Million |
| 2008 | 5.35% | 16.93% | 0.20x | 1.56x | CN¥-67.57 Million |
| 2009 | 8.56% | 25.98% | 0.21x | 1.57x | CN¥-21.31 Million |
| 2010 | 8.35% | 23.59% | 0.23x | 1.52x | CN¥-27.00 Million |
| 2011 | 11.73% | 26.46% | 0.31x | 1.45x | CN¥31.63 Million |
| 2012 | 13.98% | 37.70% | 0.21x | 1.79x | CN¥81.78 Million |
| 2013 | 12.75% | 36.79% | 0.19x | 1.87x | CN¥62.37 Million |
| 2014 | 10.41% | 42.12% | 0.12x | 2.10x | CN¥10.09 Million |
| 2015 | 5.56% | 24.79% | 0.09x | 2.52x | CN¥-111.31 Million |
| 2016 | 7.23% | 24.77% | 0.11x | 2.67x | CN¥-73.53 Million |
| 2017 | 10.25% | 30.47% | 0.15x | 2.18x | CN¥7.36 Million |
| 2018 | 6.98% | 28.62% | 0.13x | 1.91x | CN¥-105.67 Million |
| 2019 | 5.18% | 24.26% | 0.12x | 1.78x | CN¥-176.31 Million |
| 2020 | 2.64% | 11.67% | 0.13x | 1.77x | CN¥-276.44 Million |
| 2021 | 7.75% | 25.03% | 0.19x | 1.62x | CN¥-92.56 Million |
| 2022 | 8.80% | 26.98% | 0.24x | 1.35x | CN¥-53.50 Million |
| 2023 | 10.89% | 37.76% | 0.22x | 1.31x | CN¥44.71 Million |
| 2024 | 10.00% | 36.30% | 0.24x | 1.17x | CN¥200.16K |
Industry Comparison
This section compares Jilin Expressway Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $11,739,398,796
- Average return on equity (ROE) among peers: 1.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jilin Expressway Co Ltd (601518) | CN¥6.09 Billion | 9.23% | 0.07x | $248.35 Million |
| Shanxi Sanwei Group Co Ltd (000755) | $4.95 Billion | 9.26% | 1.57x | $239.87 Million |
| Dongguan Development Holdings Co Ltd (000828) | $2.67 Billion | 6.91% | 0.56x | $469.41 Million |
| City Development Environment Co Ltd (000885) | $103.40 Million | -76.39% | 3.38x | $431.18 Million |
| Xiandai Investment Co Ltd (000900) | $5.14 Billion | 16.00% | 0.56x | $475.65 Million |
| Merchant Express Class A (001965) | $63.32 Billion | 7.85% | 0.55x | $2.91 Billion |
| Shandong Sunway Petrochemical Engineering Co Ltd (002469) | $2.87 Billion | 9.16% | 0.26x | $626.47 Million |
| Xinjiang Communications Construction Group Co Ltd Class A (002941) | $2.50 Billion | 14.14% | 3.06x | $839.14 Million |
| Guangdong Provincial Expressway Development Co Ltd (200429) | $12.41 Billion | 13.17% | 0.72x | $1.13 Billion |
| Henan Zhongyuan Expressway Co Ltd (600020) | $11.21 Billion | 7.13% | 3.47x | $484.63 Million |
| Fujian Expressway Development Co Ltd (600033) | $12.23 Billion | 3.70% | 0.32x | $626.53 Million |