Jinko Power Technology Co Ltd
Jinko Power Technology Co., Ltd., together with its subsidiaries, operates as an clean energy supplier and service provider. The company provides centralized power station systems, industrial and commercial distributed systems, residential photovoltaic systems, source grid load storage integration, and other smart systems solutions. It also offers electricity transaction, energy storage, industry… Read more
Jinko Power Technology Co Ltd (601778) - Net Assets
Latest net assets as of September 2025: CN¥16.23 Billion CNY
Based on the latest financial reports, Jinko Power Technology Co Ltd (601778) has net assets worth CN¥16.23 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¥42.34 Billion) and total liabilities (CN¥26.11 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¥16.23 Billion |
| % of Total Assets | 38.34% |
| Annual Growth Rate | 19.29% |
| 5-Year Change | 43.41% |
| 10-Year Change | N/A |
| Growth Volatility | 26.82 |
Jinko Power Technology Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Jinko Power Technology Co 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 Jinko Power Technology Co Ltd (2015–2024)
The table below shows the annual net assets of Jinko Power Technology Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.99 Billion | +1.94% |
| 2023-12-31 | CN¥15.69 Billion | +25.42% |
| 2022-12-31 | CN¥12.51 Billion | +0.83% |
| 2021-12-31 | CN¥12.41 Billion | +11.24% |
| 2020-12-31 | CN¥11.15 Billion | +33.95% |
| 2019-12-31 | CN¥8.33 Billion | +9.77% |
| 2018-12-31 | CN¥7.59 Billion | +32.14% |
| 2017-12-31 | CN¥5.74 Billion | +87.55% |
| 2016-12-31 | CN¥3.06 Billion | -6.35% |
| 2015-12-31 | CN¥3.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jinko Power Technology 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 4397.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.54 Billion | 22.30% |
| Common Stock | CN¥3.57 Billion | 22.50% |
| Other Comprehensive Income | CN¥530.50 Million | 3.34% |
| Other Components | CN¥8.23 Billion | 51.87% |
| Total Equity | CN¥15.87 Billion | 100.00% |
Jinko Power Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jinko Power Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Semiconductor Manufacturing Electronics (Shaoxing) Corp. A
SHG:688469
|
$1.82 Billion |
|
YTL Power International Bhd
KLSE:6742
|
$1.83 Billion |
|
Beijing Dabeinong Technology Group Co Ltd
SHE:002385
|
$1.83 Billion |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SHG:603369
|
$1.83 Billion |
|
ChinaSoft International Ltd
PINK:CFTLF
|
$1.82 Billion |
|
Proya Cosmetics Co Ltd Class A
SHG:603605
|
$1.82 Billion |
|
Simplo Technology Co Ltd
TWO:6121
|
$1.82 Billion |
|
Sumco Corporation
PINK:SUMCF
|
$1.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinko Power Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,578,021,106 to 15,874,022,000, a change of 296,000,894 (1.9%).
- Net income of 324,377,000 contributed positively to equity growth.
- Dividend payments of 556,932,656 reduced retained earnings.
- Share repurchases of 140,049,994 reduced equity.
- Other comprehensive income decreased equity by 59,339,235.
- Other factors increased equity by 727,945,779.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥324.38 Million | +2.04% |
| Dividends Paid | CN¥556.93 Million | -3.51% |
| Share Repurchases | CN¥140.05 Million | -0.88% |
| Other Comprehensive Income | CN¥-59.34 Million | -0.37% |
| Other Changes | CN¥727.95 Million | +4.59% |
| Total Change | CN¥- | 1.90% |
Book Value vs Market Value Analysis
This analysis compares Jinko Power Technology 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: 1.32x
- 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 4.91x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥1.18 | CN¥5.80 | x |
| 2016-12-31 | CN¥1.55 | CN¥5.80 | x |
| 2017-12-31 | CN¥2.88 | CN¥5.80 | x |
| 2018-12-31 | CN¥3.75 | CN¥5.80 | x |
| 2019-12-31 | CN¥2.99 | CN¥5.80 | x |
| 2020-12-31 | CN¥4.42 | CN¥5.80 | x |
| 2021-12-31 | CN¥4.26 | CN¥5.80 | x |
| 2022-12-31 | CN¥4.33 | CN¥5.80 | x |
| 2023-12-31 | CN¥4.47 | CN¥5.80 | x |
| 2024-12-31 | CN¥4.40 | CN¥5.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinko Power Technology 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.79%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.68x
- Recent ROE (2.04%) is below the historical average (4.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.85% | 3.62% | 0.05x | 4.75x | CN¥-240.42 Million |
| 2016 | 3.22% | 5.22% | 0.10x | 6.18x | CN¥-203.78 Million |
| 2017 | 11.82% | 16.57% | 0.15x | 4.82x | CN¥103.64 Million |
| 2018 | 11.99% | 12.77% | 0.23x | 4.14x | CN¥149.58 Million |
| 2019 | 8.76% | 13.53% | 0.18x | 3.59x | CN¥-102.50 Million |
| 2020 | 4.30% | 13.26% | 0.12x | 2.65x | CN¥-631.17 Million |
| 2021 | 2.66% | 8.69% | 0.13x | 2.40x | CN¥-903.52 Million |
| 2022 | 1.75% | 6.77% | 0.09x | 3.02x | CN¥-1.02 Billion |
| 2023 | 2.46% | 8.77% | 0.11x | 2.63x | CN¥-1.17 Billion |
| 2024 | 2.04% | 6.79% | 0.11x | 2.68x | CN¥-1.26 Billion |
Industry Comparison
This section compares Jinko Power Technology Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,781,691,745
- Average return on equity (ROE) among peers: 10.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinko Power Technology Co Ltd (601778) | CN¥16.23 Billion | 0.85% | 1.61x | $1.82 Billion |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $867.90 Million | 2.09% | 1.86x | $58.47 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $277.96 Million | 10.57% | 1.45x | $889.49 Million |
| CECEP Solar Energy Co Ltd (000591) | $162.02 Million | 10.48% | 1.97x | $2.20 Billion |
| GEPIC Energy Development Co Ltd (000791) | $7.49 Billion | 5.90% | 1.54x | $765.93 Million |
| Tieling Newcity Investment Holding Ltd (000809) | $3.45 Billion | 20.56% | 0.64x | $269.10 Million |
| Hubei Energy Group Co Ltd (000883) | $730.62 Million | 9.40% | 0.33x | $1.99 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.70 Billion | 3.61% | 1.46x | $406.20 Million |
| Xinjiang Lixin Energy Co. Ltd. A (001258) | $2.92 Billion | 1.72% | 4.24x | $377.98 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $148.08 Million | 3.32% | 6.54x | $718.01 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $65.12 Million | 40.54% | 1.51x | $785.39 Million |