Ningxia Jiaze Renewables Corp (601619) - Net Assets

Latest as of September 2025: CN¥8.00 Billion CNY ≈ $1.17 Billion USD

Based on the latest financial reports, Ningxia Jiaze Renewables Corp (601619) has net assets worth CN¥8.00 Billion CNY (≈ $1.17 Billion 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¥23.91 Billion ≈ $3.50 Billion USD) and total liabilities (CN¥15.91 Billion ≈ $2.33 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. Check Ningxia Jiaze Renewables Corp (601619) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥8.00 Billion
% of Total Assets	33.47%
Annual Growth Rate	21.28%
5-Year Change	85.95%
10-Year Change	253.07%
Growth Volatility	17.7

Ningxia Jiaze Renewables Corp - Net Assets Trend (2012–2024)

This chart illustrates how Ningxia Jiaze Renewables Corp's net assets have evolved over time, based on quarterly financial data. Also explore Ningxia Jiaze Renewables Corp assets under control for the complete picture of this company's asset base.

Annual Net Assets for Ningxia Jiaze Renewables Corp (2012–2024)

The table below shows the annual net assets of Ningxia Jiaze Renewables Corp from 2012 to 2024. For live valuation and market cap data, see how much is Ningxia Jiaze Renewables Corp worth.

Year	Net Assets	Change
2024-12-31	CN¥6.81 Billion ≈ $996.97 Million	+5.68%
2023-12-31	CN¥6.45 Billion ≈ $943.39 Million	+12.62%
2022-12-31	CN¥5.72 Billion ≈ $837.65 Million	+9.08%
2021-12-31	CN¥5.25 Billion ≈ $767.90 Million	+43.22%
2020-12-31	CN¥3.66 Billion ≈ $536.16 Million	+10.24%
2019-12-31	CN¥3.32 Billion ≈ $486.37 Million	+25.54%
2018-12-31	CN¥2.65 Billion ≈ $387.41 Million	+8.86%
2017-12-31	CN¥2.43 Billion ≈ $355.87 Million	+17.62%
2016-12-31	CN¥2.07 Billion ≈ $302.56 Million	+7.15%
2015-12-31	CN¥1.93 Billion ≈ $282.37 Million	+67.03%
2014-12-31	CN¥1.16 Billion ≈ $169.06 Million	+27.06%
2013-12-31	CN¥909.24 Million ≈ $133.05 Million	+35.19%
2012-12-31	CN¥672.56 Million ≈ $98.42 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ningxia Jiaze Renewables Corp'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 27585.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥2.61 Billion	37.92%
Common Stock	CN¥2.43 Billion	35.30%
Other Components	CN¥1.85 Billion	26.78%
Total Equity	CN¥6.90 Billion	100.00%

Ningxia Jiaze Renewables Corp Competitors by Market Cap

The table below lists competitors of Ningxia Jiaze Renewables Corp ranked by their market capitalization.

Company	Market Cap
Pinnacle Investment Management Group Ltd AU:PNI	$2.40 Billion
Meitu Inc F:M5U	$2.40 Billion
Macrolink Real Estate Co Ltd SHE:000620	$2.41 Billion
Figs Inc NYSE:FIGS	$2.41 Billion
Southchip Semiconductor Technology (Shanghai) Co. Ltd. A SHG:688484	$2.40 Billion
Pertamina Geothermal Energy JK:PGEO	$2.40 Billion
COUNTRY GARDEN SVDL-0001 F:75H	$2.40 Billion
Mainova AG F:MNV6	$2.40 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ningxia Jiaze Renewables Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 6,531,617,136 to 6,896,284,951, a change of 364,667,815 (5.6%).
Net income of 630,123,884 contributed positively to equity growth.
Dividend payments of 431,567,419 reduced retained earnings.
Other factors increased equity by 166,111,350.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥630.12 Million	+9.14%
Dividends Paid	CN¥431.57 Million	-6.26%
Other Changes	CN¥166.11 Million	+2.41%
Total Change	CN¥-	5.58%

Book Value vs Market Value Analysis

This analysis compares Ningxia Jiaze Renewables Corp'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: 2.06x
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 10.31x to 2.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	CN¥0.55	CN¥5.64	x
2013-12-31	CN¥0.67	CN¥5.64	x
2014-12-31	CN¥0.91	CN¥5.64	x
2015-12-31	CN¥1.48	CN¥5.64	x
2016-12-31	CN¥1.19	CN¥5.64	x
2017-12-31	CN¥1.33	CN¥5.64	x
2018-12-31	CN¥1.38	CN¥5.64	x
2019-12-31	CN¥1.70	CN¥5.64	x
2020-12-31	CN¥1.66	CN¥5.64	x
2021-12-31	CN¥2.17	CN¥5.64	x
2022-12-31	CN¥2.43	CN¥5.64	x
2023-12-31	CN¥2.60	CN¥5.64	x
2024-12-31	CN¥2.74	CN¥5.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningxia Jiaze Renewables Corp 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): 9.14%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 26.02%
• Asset Turnover: 0.11x
• Equity Multiplier: 3.22x
Recent ROE (9.14%) is above the historical average (7.51%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	1.77%	12.50%	0.03x	4.24x	CN¥-54.91 Million
2013	4.76%	18.11%	0.07x	3.99x	CN¥-47.26 Million
2014	4.38%	12.96%	0.08x	4.16x	CN¥-64.87 Million
2015	2.70%	13.85%	0.05x	3.67x	CN¥-140.95 Million
2016	6.63%	19.80%	0.09x	3.81x	CN¥-69.69 Million
2017	6.79%	19.83%	0.09x	3.67x	CN¥-78.08 Million
2018	10.17%	25.19%	0.12x	3.32x	CN¥4.56 Million
2019	8.82%	26.28%	0.12x	2.75x	CN¥-39.17 Million
2020	5.41%	19.58%	0.08x	3.34x	CN¥-168.34 Million
2021	14.74%	53.32%	0.12x	2.30x	CN¥247.91 Million
2022	10.02%	31.63%	0.10x	3.26x	CN¥1.10 Million
2023	12.29%	33.42%	0.12x	3.04x	CN¥149.90 Million
2024	9.14%	26.02%	0.11x	3.22x	CN¥-59.50 Million

Industry Comparison

This section compares Ningxia Jiaze Renewables Corp's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

Industry: Utilities - Renewable
Average net assets among peers: $5,128,762,723
Average return on equity (ROE) among peers: 5.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ningxia Jiaze Renewables Corp (601619)	CN¥8.00 Billion	1.77%	1.99x	$2.40 Billion
Tunghsu Azure Renewable Energy Co Ltd (000040)	$13.52 Billion	-7.08%	1.29x	$106.61 Million
Tianjin Guangyu Development Co Ltd (000537)	$15.36 Billion	14.40%	3.87x	$2.99 Billion
Guangdong Electric Power Development Co Ltd (000539)	$10.01 Billion	9.47%	0.33x	$4.25 Billion
CECEP Solar Energy Co Ltd (000591)	$320.04 Million	6.43%	3.07x	$2.87 Billion
GEPIC Energy Development Co Ltd (000791)	$8.09 Billion	3.22%	1.20x	$3.83 Billion
Tieling Newcity Investment Holding Ltd (000809)	$153.66 Million	7.10%	0.59x	$455.01 Million
Hubei Energy Group Co Ltd (000883)	$669.01 Million	9.55%	0.53x	$4.61 Billion
Fujian MinDong Electric Power Co Ltd (000993)	$1.33 Billion	2.43%	0.58x	$820.24 Million
Shenzhen Feima International Supply Chain Co Ltd (002210)	$148.08 Million	3.32%	6.54x	$1.16 Billion
Shenzhen Sunrise New Energy Co Ltd (002256)	$1.69 Billion	3.28%	0.64x	$1.34 Billion

About Ningxia Jiaze Renewables Corp

SHG:601619 China Utilities - Renewable

Market Cap

$2.40 Billion

CN¥16.43 Billion CNY

Market Cap Rank

#5589 Global

#1142 in China

Share Price

CN¥5.64

Change (1 day)

-2.08%

52-Week Range

CN¥3.44 - CN¥7.04

All Time High

CN¥12.05