Asian Star Anchor Chain Co Ltd Jiangsu (601890) - Net Assets
Based on the latest financial reports, Asian Star Anchor Chain Co Ltd Jiangsu (601890) has net assets worth CN¥3.90 Billion CNY (≈ $570.48 Million 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¥5.51 Billion ≈ $805.58 Million USD) and total liabilities (CN¥1.61 Billion ≈ $235.10 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. Check Asian Star Anchor Chain Co Ltd Jiangsu asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.90 Billion |
| % of Total Assets | 70.82% |
| Annual Growth Rate | 12.44% |
| 5-Year Change | 21.17% |
| 10-Year Change | 24.96% |
| Growth Volatility | 61.43 |
Asian Star Anchor Chain Co Ltd Jiangsu - Net Assets Trend (2007–2024)
This chart illustrates how Asian Star Anchor Chain Co Ltd Jiangsu's net assets have evolved over time, based on quarterly financial data. Also explore Asian Star Anchor Chain Co Ltd Jiangsu asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Asian Star Anchor Chain Co Ltd Jiangsu (2007–2024)
The table below shows the annual net assets of Asian Star Anchor Chain Co Ltd Jiangsu from 2007 to 2024. For live valuation and market cap data, see market value of Asian Star Anchor Chain Co Ltd Jiangsu.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.81 Billion ≈ $558.20 Million |
+5.65% |
| 2023-12-31 | CN¥3.61 Billion ≈ $528.36 Million |
+7.65% |
| 2022-12-31 | CN¥3.35 Billion ≈ $490.81 Million |
+3.51% |
| 2021-12-31 | CN¥3.24 Billion ≈ $474.19 Million |
+2.94% |
| 2020-12-31 | CN¥3.15 Billion ≈ $460.67 Million |
+1.96% |
| 2019-12-31 | CN¥3.09 Billion ≈ $451.83 Million |
+3.00% |
| 2018-12-31 | CN¥3.00 Billion ≈ $438.66 Million |
-1.42% |
| 2017-12-31 | CN¥3.04 Billion ≈ $444.95 Million |
-0.05% |
| 2016-12-31 | CN¥3.04 Billion ≈ $445.16 Million |
-0.34% |
| 2015-12-31 | CN¥3.05 Billion ≈ $446.70 Million |
+4.70% |
| 2014-12-31 | CN¥2.92 Billion ≈ $426.66 Million |
+1.28% |
| 2013-12-31 | CN¥2.88 Billion ≈ $421.26 Million |
-1.75% |
| 2012-12-31 | CN¥2.93 Billion ≈ $428.74 Million |
+1.04% |
| 2011-12-31 | CN¥2.90 Billion ≈ $424.33 Million |
+1.50% |
| 2010-12-31 | CN¥2.86 Billion ≈ $418.06 Million |
+263.41% |
| 2009-12-31 | CN¥786.15 Million ≈ $115.04 Million |
+36.03% |
| 2008-12-31 | CN¥577.92 Million ≈ $84.57 Million |
+11.21% |
| 2007-12-31 | CN¥519.65 Million ≈ $76.04 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Asian Star Anchor Chain Co Ltd Jiangsu'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 381.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.12 Billion | 30.97% |
| Common Stock | CN¥959.40 Million | 26.46% |
| Other Components | CN¥1.54 Billion | 42.57% |
| Total Equity | CN¥3.63 Billion | 100.00% |
Asian Star Anchor Chain Co Ltd Jiangsu Competitors by Market Cap
The table below lists competitors of Asian Star Anchor Chain Co Ltd Jiangsu ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Tongrun Equipment Technology Co Ltd
SHE:002150
|
$1.53 Billion |
|
Fine Organic Industries Limited
NSE:FINEORG
|
$1.53 Billion |
|
Nuvation Bio Inc
NYSE:NUVB
|
$1.53 Billion |
|
Jindal Saw Limited
NSE:JINDALSAW
|
$1.53 Billion |
|
NAPCO Security Technologies Inc
NASDAQ:NSSC
|
$1.53 Billion |
|
IBI Inv House
TA:IBI
|
$1.53 Billion |
|
Domain Holdings Australia Limited
F:3DH
|
$1.53 Billion |
|
Holmen AB (publ)
ST:HOLM-A
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asian Star Anchor Chain Co Ltd Jiangsu's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,444,695,473 to 3,625,891,700, a change of 181,196,227 (5.3%).
- Net income of 281,933,230 contributed positively to equity growth.
- Dividend payments of 116,400,784 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥281.93 Million | +7.78% |
| Dividends Paid | CN¥116.40 Million | -3.21% |
| Other Changes | CN¥15.66 Million | +0.43% |
| Total Change | CN¥- | 5.26% |
Book Value vs Market Value Analysis
This analysis compares Asian Star Anchor Chain Co Ltd Jiangsu'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: 2.89x
- 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 17.78x to 2.89x 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¥0.61 | CN¥10.93 | x |
| 2008-12-31 | CN¥0.68 | CN¥10.93 | x |
| 2009-12-31 | CN¥0.94 | CN¥10.93 | x |
| 2010-12-31 | CN¥3.81 | CN¥10.93 | x |
| 2011-12-31 | CN¥2.89 | CN¥10.93 | x |
| 2012-12-31 | CN¥2.92 | CN¥10.93 | x |
| 2013-12-31 | CN¥2.86 | CN¥10.93 | x |
| 2014-12-31 | CN¥2.90 | CN¥10.93 | x |
| 2015-12-31 | CN¥3.06 | CN¥10.93 | x |
| 2016-12-31 | CN¥3.05 | CN¥10.93 | x |
| 2017-12-31 | CN¥3.10 | CN¥10.93 | x |
| 2018-12-31 | CN¥2.97 | CN¥10.93 | x |
| 2019-12-31 | CN¥3.12 | CN¥10.93 | x |
| 2020-12-31 | CN¥3.18 | CN¥10.93 | x |
| 2021-12-31 | CN¥3.28 | CN¥10.93 | x |
| 2022-12-31 | CN¥3.39 | CN¥10.93 | x |
| 2023-12-31 | CN¥3.60 | CN¥10.93 | x |
| 2024-12-31 | CN¥3.78 | CN¥10.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asian Star Anchor Chain Co Ltd Jiangsu 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): 7.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.18%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.46x
- Recent ROE (7.78%) is above the historical average (6.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 25.03% | 7.83% | 0.98x | 3.28x | CN¥66.74 Million |
| 2008 | 18.69% | 4.64% | 1.10x | 3.66x | CN¥42.32 Million |
| 2009 | 27.82% | 10.68% | 0.83x | 3.13x | CN¥120.23 Million |
| 2010 | 5.50% | 8.43% | 0.46x | 1.41x | CN¥-122.47 Million |
| 2011 | 3.61% | 5.15% | 0.51x | 1.36x | CN¥-176.98 Million |
| 2012 | 2.69% | 4.03% | 0.49x | 1.35x | CN¥-204.63 Million |
| 2013 | -0.76% | -1.49% | 0.38x | 1.35x | CN¥-295.90 Million |
| 2014 | 1.07% | 1.96% | 0.40x | 1.36x | CN¥-248.59 Million |
| 2015 | 6.03% | 11.81% | 0.39x | 1.31x | CN¥-116.67 Million |
| 2016 | 1.84% | 5.28% | 0.27x | 1.29x | CN¥-239.56 Million |
| 2017 | 1.13% | 3.26% | 0.27x | 1.29x | CN¥-260.75 Million |
| 2018 | -0.51% | -1.42% | 0.27x | 1.30x | CN¥-305.23 Million |
| 2019 | 3.00% | 7.00% | 0.33x | 1.30x | CN¥-209.63 Million |
| 2020 | 2.85% | 7.86% | 0.28x | 1.32x | CN¥-218.21 Million |
| 2021 | 3.85% | 9.18% | 0.32x | 1.32x | CN¥-193.38 Million |
| 2022 | 4.58% | 9.83% | 0.33x | 1.42x | CN¥-176.59 Million |
| 2023 | 6.87% | 12.25% | 0.39x | 1.42x | CN¥-107.96 Million |
| 2024 | 7.78% | 14.18% | 0.38x | 1.46x | CN¥-80.66 Million |
Industry Comparison
This section compares Asian Star Anchor Chain Co Ltd Jiangsu's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $4,101,997,208
- Average return on equity (ROE) among peers: -43.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asian Star Anchor Chain Co Ltd Jiangsu (601890) | CN¥3.90 Billion | 25.03% | 0.41x | $1.53 Billion |
| China National Complete Plant Import & Export Corp Ltd (000151) | $1.02 Billion | 13.26% | 1.38x | $584.52 Million |
| Sichuan Goldstone Orient New Material Equipment Co Ltd (300434) | $403.06 Million | 6.33% | 0.20x | $672.53 Million |
| Ningbo United Group Co Ltd (600051) | $2.66 Billion | 9.36% | 1.49x | $353.47 Million |
| Zhe Jiang Dong Ri Ltd Co (600113) | $739.16 Million | 14.16% | 0.43x | $2.75 Billion |
| Shandong Hiking International Co Ltd Class A (600735) | $59.19 Million | -306.71% | 2.42x | $464.30 Million |
| Orient Group Inc (600811) | $19.74 Billion | 3.86% | 1.41x | $192.74 Million |
About Asian Star Anchor Chain Co Ltd Jiangsu
Asian Star Anchor Chain Co., Ltd. Jiangsu, together with its subsidiaries, engages in the manufacture and sale of anchor chains, marine mooring chains, and related accessories worldwide. It offers marine anchor chains and offshore mooring chains, including stud and studless links; mining chains; forgings, such as shackles, adaptors, swivels, and oblong plates; and castings. Its products are used … Read more