Jihua Group Corp Ltd (601718) - Net Assets
Based on the latest financial reports, Jihua Group Corp Ltd (601718) has net assets worth CN¥12.23 Billion CNY (≈ $1.79 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¥20.16 Billion ≈ $2.95 Billion USD) and total liabilities (CN¥7.93 Billion ≈ $1.16 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 financial resilience of Jihua Group Corp Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Jihua Group Corp Ltd (601718) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 601718 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.51 Billion ≈ $1.83 Billion |
-26.55% |
| 2023-12-31 | CN¥17.04 Billion ≈ $2.49 Billion |
+0.05% |
| 2022-12-31 | CN¥17.03 Billion ≈ $2.49 Billion |
+0.98% |
| 2021-12-31 | CN¥16.87 Billion ≈ $2.47 Billion |
-1.88% |
| 2020-12-31 | CN¥17.19 Billion ≈ $2.52 Billion |
-4.96% |
| 2019-12-31 | CN¥18.09 Billion ≈ $2.65 Billion |
-0.16% |
| 2018-12-31 | CN¥18.12 Billion ≈ $2.65 Billion |
-4.72% |
| 2017-12-31 | CN¥19.02 Billion ≈ $2.78 Billion |
+34.35% |
| 2016-12-31 | CN¥14.15 Billion ≈ $2.07 Billion |
+8.19% |
| 2015-12-31 | CN¥13.08 Billion ≈ $1.91 Billion |
+7.04% |
| 2014-12-31 | CN¥12.22 Billion ≈ $1.79 Billion |
+9.59% |
| 2013-12-31 | CN¥11.15 Billion ≈ $1.63 Billion |
+8.79% |
| 2012-12-31 | CN¥10.25 Billion ≈ $1.50 Billion |
+9.88% |
| 2011-12-31 | CN¥9.33 Billion ≈ $1.37 Billion |
+6.93% |
| 2010-12-31 | CN¥8.72 Billion ≈ $1.28 Billion |
+108.38% |
| 2009-12-31 | CN¥4.19 Billion ≈ $612.67 Million |
+118.53% |
| 2008-12-31 | CN¥1.92 Billion ≈ $280.36 Million |
+26.39% |
| 2007-12-31 | CN¥1.52 Billion ≈ $221.83 Million |
-- |
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.
| Company | Market Cap |
|---|---|
|
AKSO HEALTH GR. (SPADR)/3
F:8HX
|
$1.60 Billion |
|
Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd
SHE:002839
|
$1.60 Billion |
|
Pfeiffer Vacuum Technology AG
F:PFV
|
$1.60 Billion |
|
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.
IS:AHGAZ
|
$1.60 Billion |
|
Sichuan Chengfei Integration Technology Corp Ltd
SHE:002190
|
$1.60 Billion |
|
Sociedad Matriz SAAM SA
SN:SMSAAM
|
$1.60 Billion |
|
Dime Community Bancshares Inc
NASDAQ:DCOM
|
$1.60 Billion |
|
Zhejiang Jiahua Energy Chemical Industry Co Ltd
SHG:600273
|
$1.60 Billion |
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: 0.88x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.53x to 0.88x 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¥2.51 | x |
| 2008-12-31 | CN¥0.70 | CN¥2.51 | x |
| 2009-12-31 | CN¥1.57 | CN¥2.51 | x |
| 2010-12-31 | CN¥2.88 | CN¥2.51 | x |
| 2011-12-31 | CN¥2.39 | CN¥2.51 | x |
| 2012-12-31 | CN¥2.65 | CN¥2.51 | x |
| 2013-12-31 | CN¥2.87 | CN¥2.51 | x |
| 2014-12-31 | CN¥3.05 | CN¥2.51 | x |
| 2015-12-31 | CN¥3.34 | CN¥2.51 | x |
| 2016-12-31 | CN¥3.65 | CN¥2.51 | x |
| 2017-12-31 | CN¥4.48 | CN¥2.51 | x |
| 2018-12-31 | CN¥5.28 | CN¥2.51 | x |
| 2019-12-31 | CN¥4.09 | CN¥2.51 | x |
| 2020-12-31 | CN¥3.89 | CN¥2.51 | x |
| 2021-12-31 | CN¥3.85 | CN¥2.51 | x |
| 2022-12-31 | CN¥3.88 | CN¥2.51 | x |
| 2023-12-31 | CN¥3.75 | CN¥2.51 | x |
| 2024-12-31 | CN¥2.86 | CN¥2.51 | 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: $2,642,884,422
- Average return on equity (ROE) among peers: 3.11%
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 | $1.60 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $431.03 Million | -36.92% | 1.29x | $516.47 Million |
| Hengyi Petrochemical Co Ltd (000703) | $6.99 Billion | 4.49% | 2.04x | $8.23 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $826.86 Million |
| Luxi Chemical Group Co Ltd (000830) | $910.26 Million | 5.22% | 1.06x | $4.38 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.06 Billion | 0.90% | 0.06x | $8.58 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.06 Billion | 1.91% | 0.87x | $1.22 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $98.99 Million | 29.63% | 2.11x | $1.60 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $268.26 Million | 17.39% | 2.70x | $571.59 Million |
| Zhejiang Transfar Co Ltd (002010) | $11.16 Billion | 4.94% | 0.30x | $2.37 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $614.61 Million |
About Jihua Group Corp Ltd
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