Jilin Expressway Co Ltd (601518) - Net Assets

Latest as of September 2025: CN¥6.09 Billion CNY ≈ $890.92 Million USD

Based on the latest financial reports, Jilin Expressway Co Ltd (601518) has net assets worth CN¥6.09 Billion CNY (≈ $890.92 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¥6.50 Billion ≈ $951.54 Million USD) and total liabilities (CN¥414.27 Million ≈ $60.62 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 601518 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Jilin Expressway Co Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 601518 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥5.82 Billion ≈ $851.79 Million	+7.77%
2023-12-31	CN¥5.40 Billion ≈ $790.39 Million	+12.26%
2022-12-31	CN¥4.81 Billion ≈ $704.04 Million	+8.93%
2021-12-31	CN¥4.42 Billion ≈ $646.31 Million	+8.97%
2020-12-31	CN¥4.05 Billion ≈ $593.13 Million	+1.77%
2019-12-31	CN¥3.98 Billion ≈ $582.80 Million	+4.23%
2018-12-31	CN¥3.82 Billion ≈ $559.16 Million	+18.52%
2017-12-31	CN¥3.22 Billion ≈ $471.79 Million	+7.18%
2016-12-31	CN¥3.01 Billion ≈ $440.16 Million	+5.26%
2015-12-31	CN¥2.86 Billion ≈ $418.17 Million	+2.60%
2014-12-31	CN¥2.79 Billion ≈ $407.57 Million	+7.23%
2013-12-31	CN¥2.60 Billion ≈ $380.08 Million	+9.16%
2012-12-31	CN¥2.38 Billion ≈ $348.17 Million	+10.94%
2011-12-31	CN¥2.14 Billion ≈ $313.84 Million	+10.17%
2010-12-31	CN¥1.95 Billion ≈ $284.88 Million	+4.76%
2009-12-31	CN¥1.86 Billion ≈ $271.94 Million	+1.70%
2008-12-31	CN¥1.83 Billion ≈ $267.40 Million	+3.10%
2007-12-31	CN¥1.77 Billion ≈ $259.36 Million	--

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
SLR Investment Corp NASDAQ:SLRC	$810.68 Million
Crossamerica Partners LP NYSE:CAPL	$810.75 Million
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd SHG:600379	$810.79 Million
Archean Chemical Industries Limited NSE:ACI	$810.84 Million
Guizhou Guihang Automotive Components Co Ltd SHG:600523	$810.54 Million
DoubleU Games Co Ltd KO:192080	$810.48 Million
Xiamen Red Phase Instruments Inc SHE:300427	$810.35 Million
PolyPeptide Group AG SW:PPGN	$810.06 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: 1.03x
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 2.60x 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
2007-12-31	CN¥1.13	CN¥2.93	x
2008-12-31	CN¥1.17	CN¥2.93	x
2009-12-31	CN¥1.19	CN¥2.93	x
2010-12-31	CN¥0.94	CN¥2.93	x
2011-12-31	CN¥1.10	CN¥2.93	x
2012-12-31	CN¥1.23	CN¥2.93	x
2013-12-31	CN¥1.34	CN¥2.93	x
2014-12-31	CN¥1.44	CN¥2.93	x
2015-12-31	CN¥1.41	CN¥2.93	x
2016-12-31	CN¥1.58	CN¥2.93	x
2017-12-31	CN¥1.67	CN¥2.93	x
2018-12-31	CN¥1.95	CN¥2.93	x
2019-12-31	CN¥1.93	CN¥2.93	x
2020-12-31	CN¥1.99	CN¥2.93	x
2021-12-31	CN¥2.95	CN¥2.93	x
2022-12-31	CN¥2.36	CN¥2.93	x
2023-12-31	CN¥2.66	CN¥2.93	x
2024-12-31	CN¥2.85	CN¥2.93	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: $7,070,981,300
Average return on equity (ROE) among peers: 8.50%

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	$810.58 Million
Guangdong Provincial Expressway Development Co Ltd (000429)	$3.37 Billion	3.94%	0.12x	$3.21 Billion
Shanxi Sanwei Group Co Ltd (000755)	$160.96 Million	16.73%	1.44x	$1.08 Billion
Dongguan Development Holdings Co Ltd (000828)	$2.54 Billion	8.82%	0.40x	$1.58 Billion
City Development Environment Co Ltd (000885)	$2.90 Billion	16.27%	1.18x	$1.33 Billion
Xiandai Investment Co Ltd (000900)	$7.06 Billion	8.02%	1.65x	$937.29 Million
Merchant Express Class A (001965)	$46.36 Billion	7.27%	0.41x	$9.35 Billion
Shandong Sunway Petrochemical Engineering Co Ltd (002469)	$1.27 Billion	0.93%	0.20x	$682.68 Million
Xinjiang Communications Construction Group Co Ltd Class A (002941)	$188.53 Million	9.86%	6.32x	$1.48 Billion
Guangdong Provincial Expressway Development Co Ltd (200429)	$4.25 Billion	7.65%	0.60x	$402.45 Million
Anhui Expressway Co Ltd (600012)	$2.61 Billion	5.54%	0.17x	$2.67 Billion

About Jilin Expressway Co Ltd

SHG:601518 China Infrastructure Operations

Market Cap

$810.58 Million

CN¥5.54 Billion CNY

Market Cap Rank

#10086 Global

#2874 in China

Share Price

CN¥2.93

Change (1 day)

-1.01%

52-Week Range

CN¥2.69 - CN¥3.12

All Time High

CN¥5.77