Jihua Group Corp Ltd (601718) - Net Assets
Based on the latest financial reports, Jihua Group Corp Ltd (601718) has net assets worth CN¥12.00 Billion CNY (≈ $1.76 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥18.14 Billion ≈ $2.65 Billion USD) and total liabilities (CN¥6.14 Billion ≈ $898.84 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. Also explore balance sheet size of Jihua Group Corp Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥12.00 Billion |
| % of Total Assets | 66.15% |
| Annual Growth Rate | 12.24% |
| 5-Year Change | -28.15% |
| 10-Year Change | -14.37% |
| Growth Volatility | 36.48 |
Jihua Group Corp Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Jihua Group Corp Ltd's net assets have evolved over time, based on quarterly financial data. Check Jihua Group Corp Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jihua Group Corp Ltd (2007–2025)
The table below shows the annual net assets of Jihua Group Corp Ltd from 2007 to 2025. For live valuation and market cap data, see 601718 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥12.12 Billion ≈ $1.77 Billion |
-3.17% |
| 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 102307309757.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥12.41 Billion | 101.59% |
| Total Equity | CN¥12.22 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 |
|---|---|
|
MPC Container Ships ASA
OL:MPCC
|
$1.15 Billion |
|
Mader Group Ltd
AU:MAD
|
$1.15 Billion |
|
Isras Investment Company Ltd
TA:ISRS
|
$1.15 Billion |
|
TTW Public Company Limited
BK:TTW-R
|
$1.15 Billion |
|
Zhejiang Xinhua Chemical Co Ltd
SHG:603867
|
$1.15 Billion |
|
Ziel Home Furnishing Technology Co. Ltd. A
SHE:301376
|
$1.15 Billion |
|
ABOUT YOU Holding AG
F:YOU
|
$1.15 Billion |
|
Perella Weinberg Partners
NASDAQ:PWP
|
$1.15 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 2024 to 2025, total equity changed from 12,613,688,608 to 12,218,816,169, a change of -394,872,439 (-3.1%).
- Net loss of 294,280,677 reduced equity.
- Dividend payments of 70,796,344 reduced retained earnings.
- Other comprehensive income decreased equity by 132,211,193.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-294.28 Million | -2.41% |
| Dividends Paid | CN¥70.80 Million | -0.58% |
| Other Comprehensive Income | CN¥-132.21 Million | -1.08% |
| Other Changes | CN¥102.42 Million | +0.84% |
| Total Change | CN¥- | -3.13% |
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: 0.64x
- 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 3.25x to 0.64x 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¥1.80 | x |
| 2008-12-31 | CN¥0.70 | CN¥1.80 | x |
| 2009-12-31 | CN¥1.57 | CN¥1.80 | x |
| 2010-12-31 | CN¥2.88 | CN¥1.80 | x |
| 2011-12-31 | CN¥2.39 | CN¥1.80 | x |
| 2012-12-31 | CN¥2.65 | CN¥1.80 | x |
| 2013-12-31 | CN¥2.87 | CN¥1.80 | x |
| 2014-12-31 | CN¥3.05 | CN¥1.80 | x |
| 2015-12-31 | CN¥3.34 | CN¥1.80 | x |
| 2016-12-31 | CN¥3.65 | CN¥1.80 | x |
| 2017-12-31 | CN¥4.48 | CN¥1.80 | x |
| 2018-12-31 | CN¥5.28 | CN¥1.80 | x |
| 2019-12-31 | CN¥4.09 | CN¥1.80 | x |
| 2020-12-31 | CN¥3.89 | CN¥1.80 | x |
| 2021-12-31 | CN¥3.85 | CN¥1.80 | x |
| 2022-12-31 | CN¥3.88 | CN¥1.80 | x |
| 2023-12-31 | CN¥3.75 | CN¥1.80 | x |
| 2024-12-31 | CN¥2.86 | CN¥1.80 | x |
| 2025-12-31 | CN¥2.80 | CN¥1.80 | 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): -2.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.25%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.55x
- Recent ROE (-2.41%) is below the historical average (4.43%), 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 |
| 2025 | -2.41% | -4.25% | 0.37x | 1.55x | CN¥-1.52 Billion |
Industry Comparison
This section compares Jihua Group Corp Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,418,849,527
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jihua Group Corp Ltd (601718) | CN¥12.00 Billion | 27.06% | 0.51x | $1.15 Billion |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $100.51 Million | 16.63% | 0.88x | $1.55 Billion |
| Fujian Septwolves Industry Co Ltd (002029) | $5.26 Billion | 5.08% | 0.51x | $850.10 Million |
| Fujian SBS Zipper Science Tech (002098) | $640.99 Million | 9.46% | 1.06x | $352.56 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $4.47 Billion | 15.61% | 0.58x | $843.51 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $303.88 Million | 22.33% | 3.02x | $496.34 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $367.82 Million | 17.10% | 1.48x | $481.06 Million |
| Cedar Development Co Ltd (002485) | $2.19 Billion | 5.88% | 0.52x | $496.73 Million |
| Huasi Agricultural Development Co Ltd (002494) | $126.35 Million | 16.94% | 0.98x | $260.60 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $10.12 Billion | 11.25% | 0.35x | $2.25 Billion |
| Zhejiang Busen Garments Co Ltd (002569) | $613.00 Million | 6.55% | 0.44x | $320.31 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