Jihua Group Corp Ltd

SHG:601718 China Specialty Chemicals
Market Cap
$1.98 Billion
CN¥14.52 Billion CNY
Market Cap Rank
#7393 Global
#1250 in China
Share Price
CN¥3.33
Change (1 day)
-2.06%
52-Week Range
CN¥2.41 - CN¥5.28
All Time High
CN¥14.78
About

Jihua Group Corporation Limited research, develops, produces, and sells military uniforms, industrial uniforms, professional workwear, branded apparel, special functional apparel, and other products in China and internationally. It also offers leather shoes, leather, fur, clothing, leather, dual-purpose leather and its products, protective functional shoes, military rubber shoes, rubber outsole, … Read more

Jihua Group Corp Ltd (601718) - Net Assets

Latest net assets as of September 2025: CN¥12.23 Billion CNY

Based on the latest financial reports, Jihua Group Corp Ltd (601718) has net assets worth CN¥12.23 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¥20.16 Billion) and total liabilities (CN¥7.93 Billion). 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¥12.23 Billion
% of Total Assets 60.64%
Annual Growth Rate 13.22%
5-Year Change -27.2%
10-Year Change -4.34%
Growth Volatility 37.21

Jihua Group Corp Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Jihua Group Corp 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 Jihua Group Corp Ltd (2007–2024)

The table below shows the annual net assets of Jihua Group Corp Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥12.51 Billion -26.55%
2023-12-31 CN¥17.04 Billion +0.05%
2022-12-31 CN¥17.03 Billion +0.98%
2021-12-31 CN¥16.87 Billion -1.88%
2020-12-31 CN¥17.19 Billion -4.96%
2019-12-31 CN¥18.09 Billion -0.16%
2018-12-31 CN¥18.12 Billion -4.72%
2017-12-31 CN¥19.02 Billion +34.35%
2016-12-31 CN¥14.15 Billion +8.19%
2015-12-31 CN¥13.08 Billion +7.04%
2014-12-31 CN¥12.22 Billion +9.59%
2013-12-31 CN¥11.15 Billion +8.79%
2012-12-31 CN¥10.25 Billion +9.88%
2011-12-31 CN¥9.33 Billion +6.93%
2010-12-31 CN¥8.72 Billion +108.38%
2009-12-31 CN¥4.19 Billion +118.53%
2008-12-31 CN¥1.92 Billion +26.39%
2007-12-31 CN¥1.52 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Jihua Group Corp 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 132093551038.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥103.25 Million 0.82%
Common Stock CN¥4.39 Billion 34.82%
Other Comprehensive Income CN¥132.21 Million 1.05%
Other Components CN¥7.99 Billion 63.32%
Total Equity CN¥12.61 Billion 100.00%

Jihua Group Corp Ltd Competitors by Market Cap

The table below lists competitors of Jihua Group Corp Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jihua Group Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,104,014,570 to 12,613,688,608, a change of -4,490,325,962 (-26.3%).
  • Net loss of 4,228,257,785 reduced equity.
  • Dividend payments of 183,248,026 reduced retained earnings.
  • Other comprehensive income increased equity by 132,211,193.
  • Other factors decreased equity by 211,031,344.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-4.23 Billion -33.52%
Dividends Paid CN¥183.25 Million -1.45%
Other Comprehensive Income CN¥132.21 Million +1.05%
Other Changes CN¥-211.03 Million -1.67%
Total Change CN¥- -26.25%

Book Value vs Market Value Analysis

This analysis compares Jihua Group Corp 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: 1.16x
  • 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 6.01x to 1.16x 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¥0.55 CN¥3.33 x
2008-12-31 CN¥0.70 CN¥3.33 x
2009-12-31 CN¥1.57 CN¥3.33 x
2010-12-31 CN¥2.88 CN¥3.33 x
2011-12-31 CN¥2.39 CN¥3.33 x
2012-12-31 CN¥2.65 CN¥3.33 x
2013-12-31 CN¥2.87 CN¥3.33 x
2014-12-31 CN¥3.05 CN¥3.33 x
2015-12-31 CN¥3.34 CN¥3.33 x
2016-12-31 CN¥3.65 CN¥3.33 x
2017-12-31 CN¥4.48 CN¥3.33 x
2018-12-31 CN¥5.28 CN¥3.33 x
2019-12-31 CN¥4.09 CN¥3.33 x
2020-12-31 CN¥3.89 CN¥3.33 x
2021-12-31 CN¥3.85 CN¥3.33 x
2022-12-31 CN¥3.88 CN¥3.33 x
2023-12-31 CN¥3.75 CN¥3.33 x
2024-12-31 CN¥2.86 CN¥3.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jihua Group Corp 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): -33.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -42.77%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.68x
  • Recent ROE (-33.52%) is below the historical average (4.81%), 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 27.06% 5.40% 1.00x 5.00x CN¥256.69 Million
2008 24.32% 5.24% 1.04x 4.45x CN¥274.42 Million
2009 10.82% 4.11% 1.07x 2.47x CN¥34.52 Million
2010 5.84% 3.25% 1.09x 1.65x CN¥-362.92 Million
2011 6.69% 3.19% 1.29x 1.63x CN¥-308.22 Million
2012 8.32% 3.16% 1.57x 1.68x CN¥-169.21 Million
2013 8.71% 3.55% 1.43x 1.72x CN¥-140.09 Million
2014 9.83% 5.28% 1.07x 1.74x CN¥-19.88 Million
2015 8.98% 5.14% 0.89x 1.97x CN¥-130.73 Million
2016 8.77% 4.50% 1.01x 1.93x CN¥-172.03 Million
2017 4.01% 2.97% 0.81x 1.67x CN¥-1.13 Billion
2018 -0.38% -0.30% 0.72x 1.77x CN¥-1.86 Billion
2019 0.35% 0.30% 0.68x 1.74x CN¥-1.74 Billion
2020 -4.55% -5.19% 0.50x 1.76x CN¥-2.48 Billion
2021 -0.98% -1.07% 0.55x 1.67x CN¥-1.86 Billion
2022 1.30% 1.43% 0.56x 1.62x CN¥-1.48 Billion
2023 1.07% 1.58% 0.44x 1.55x CN¥-1.53 Billion
2024 -33.52% -42.77% 0.47x 1.68x CN¥-5.49 Billion

Industry Comparison

This section compares Jihua Group Corp Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $1,775,158,628
  • Average return on equity (ROE) among peers: -19.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jihua Group Corp Ltd (601718) CN¥12.23 Billion 27.06% 0.65x $983.56 Million
Chongqing Sanxia Paints Co Ltd (000565) $390.80 Million 1.64% 0.47x $289.82 Million
Hengyi Petrochemical Co Ltd (000703) $246.42 Million -7.64% 1.62x $1.44 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $472.56 Million 10.49% 1.13x $361.89 Million
Luxi Chemical Group Co Ltd (000830) $120.60 Million 41.32% 1.30x $2.28 Billion
China Minmetals Rare Earth Co Ltd (000831) $234.51 Million -303.65% 8.65x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $2.70 Billion 10.47% 0.21x $884.45 Million
Cofco Biochemical Anhui Co Ltd (000930) $11.76 Billion 9.61% 0.54x $815.97 Million
Shandong Link Science and Technology Co Ltd (001207) $441.43 Million 14.99% 1.14x $330.19 Million
Zhejiang Bofay Elec Co Ltd (001255) $742.80 Million 1.78% 0.61x $169.49 Million
Guangdong Decro Film New (001378) $647.89 Million 29.53% 0.22x $241.78 Million