Jiangsu Rutong Petro-Machinery (603036) - Net Assets
Based on the latest financial reports, Jiangsu Rutong Petro-Machinery (603036) has net assets worth CN¥1.38 Billion CNY (≈ $202.20 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¥1.55 Billion ≈ $226.30 Million USD) and total liabilities (CN¥164.64 Million ≈ $24.09 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 financial resilience of Jiangsu Rutong Petro-Machinery to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.38 Billion |
| % of Total Assets | 89.35% |
| Annual Growth Rate | 12.09% |
| 5-Year Change | 17.51% |
| 10-Year Change | 117.91% |
| Growth Volatility | 16.06 |
Jiangsu Rutong Petro-Machinery - Net Assets Trend (2011–2024)
This chart illustrates how Jiangsu Rutong Petro-Machinery's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Rutong Petro-Machinery balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Rutong Petro-Machinery (2011–2024)
The table below shows the annual net assets of Jiangsu Rutong Petro-Machinery from 2011 to 2024. For live valuation and market cap data, see 603036 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion ≈ $194.92 Million |
+4.16% |
| 2023-12-31 | CN¥1.28 Billion ≈ $187.14 Million |
+4.68% |
| 2022-12-31 | CN¥1.22 Billion ≈ $178.78 Million |
+4.69% |
| 2021-12-31 | CN¥1.17 Billion ≈ $170.78 Million |
+2.95% |
| 2020-12-31 | CN¥1.13 Billion ≈ $165.88 Million |
+5.22% |
| 2019-12-31 | CN¥1.08 Billion ≈ $157.64 Million |
+5.36% |
| 2018-12-31 | CN¥1.02 Billion ≈ $149.63 Million |
+3.40% |
| 2017-12-31 | CN¥988.88 Million ≈ $144.70 Million |
+1.79% |
| 2016-12-31 | CN¥971.49 Million ≈ $142.16 Million |
+58.92% |
| 2015-12-31 | CN¥611.29 Million ≈ $89.45 Million |
+9.16% |
| 2014-12-31 | CN¥560.00 Million ≈ $81.95 Million |
+17.16% |
| 2013-12-31 | CN¥477.96 Million ≈ $69.94 Million |
+16.01% |
| 2012-12-31 | CN¥412.00 Million ≈ $60.29 Million |
+36.45% |
| 2011-12-31 | CN¥301.94 Million ≈ $44.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Rutong Petro-Machinery'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 2920.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥581.74 Million | 43.99% |
| Common Stock | CN¥206.01 Million | 15.58% |
| Other Components | CN¥534.57 Million | 40.43% |
| Total Equity | CN¥1.32 Billion | 100.00% |
Jiangsu Rutong Petro-Machinery Competitors by Market Cap
The table below lists competitors of Jiangsu Rutong Petro-Machinery ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unity Bancorp Inc
NASDAQ:UNTY
|
$521.15 Million |
|
Zhejiang Tiantai Xianghe Industrial Co Ltd
SHG:603500
|
$521.55 Million |
|
Kocaer Celik Sanayi ve Ticaret A.S.
IS:KCAER
|
$521.56 Million |
|
Yantai Longyuan Power Tech
SHE:300105
|
$521.57 Million |
|
Hainan Shuangcheng Pharmaceut
SHE:002693
|
$520.65 Million |
|
Anhui Xinbo Aluminum Co Ltd
SHE:003038
|
$520.64 Million |
|
Nanjing Railway New Technology Co.Ltd.
SHE:301016
|
$520.61 Million |
|
Hefei Gocom Information Technology Co Ltd
SHG:688367
|
$520.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Rutong Petro-Machinery's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,270,342,918 to 1,322,320,620, a change of 51,977,702 (4.1%).
- Net income of 95,981,960 contributed positively to equity growth.
- Dividend payments of 41,201,205 reduced retained earnings.
- Other comprehensive income decreased equity by 4,664,674.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥95.98 Million | +7.26% |
| Dividends Paid | CN¥41.20 Million | -3.12% |
| Other Comprehensive Income | CN¥-4.66 Million | -0.35% |
| Other Changes | CN¥1.86 Million | +0.14% |
| Total Change | CN¥- | 4.09% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Rutong Petro-Machinery'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: 2.67x
- 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 7.98x to 2.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥2.16 | CN¥17.28 | x |
| 2012-12-31 | CN¥2.77 | CN¥17.28 | x |
| 2013-12-31 | CN¥3.06 | CN¥17.28 | x |
| 2014-12-31 | CN¥3.57 | CN¥17.28 | x |
| 2015-12-31 | CN¥3.89 | CN¥17.28 | x |
| 2016-12-31 | CN¥6.22 | CN¥17.28 | x |
| 2017-12-31 | CN¥4.84 | CN¥17.28 | x |
| 2018-12-31 | CN¥4.87 | CN¥17.28 | x |
| 2019-12-31 | CN¥5.20 | CN¥17.28 | x |
| 2020-12-31 | CN¥5.46 | CN¥17.28 | x |
| 2021-12-31 | CN¥5.60 | CN¥17.28 | x |
| 2022-12-31 | CN¥5.89 | CN¥17.28 | x |
| 2023-12-31 | CN¥6.14 | CN¥17.28 | x |
| 2024-12-31 | CN¥6.48 | CN¥17.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Rutong Petro-Machinery 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): 7.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.51%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.15x
- Recent ROE (7.26%) is below the historical average (9.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 20.79% | 23.06% | 0.58x | 1.56x | CN¥31.00 Million |
| 2012 | 18.43% | 26.09% | 0.55x | 1.30x | CN¥33.54 Million |
| 2013 | 17.32% | 26.55% | 0.53x | 1.23x | CN¥34.13 Million |
| 2014 | 14.85% | 26.39% | 0.47x | 1.19x | CN¥26.55 Million |
| 2015 | 10.54% | 25.72% | 0.34x | 1.21x | CN¥3.23 Million |
| 2016 | 6.91% | 31.01% | 0.20x | 1.10x | CN¥-29.61 Million |
| 2017 | 3.72% | 18.40% | 0.18x | 1.10x | CN¥-61.21 Million |
| 2018 | 3.90% | 16.24% | 0.21x | 1.13x | CN¥-61.16 Million |
| 2019 | 6.13% | 21.69% | 0.25x | 1.15x | CN¥-40.87 Million |
| 2020 | 6.08% | 23.32% | 0.23x | 1.13x | CN¥-43.63 Million |
| 2021 | 4.83% | 20.59% | 0.21x | 1.14x | CN¥-59.54 Million |
| 2022 | 6.69% | 26.44% | 0.22x | 1.13x | CN¥-40.14 Million |
| 2023 | 7.49% | 25.05% | 0.26x | 1.15x | CN¥-31.91 Million |
| 2024 | 7.26% | 23.51% | 0.27x | 1.15x | CN¥-36.25 Million |
Industry Comparison
This section compares Jiangsu Rutong Petro-Machinery's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,841,842,259
- Average return on equity (ROE) among peers: 0.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Rutong Petro-Machinery (603036) | CN¥1.38 Billion | 20.79% | 0.12x | $520.91 Million |
| Huayi Compressor Co Ltd (000404) | $4.62 Billion | 6.27% | 1.54x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $3.61 Billion | 10.56% | 0.36x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.13 Billion | 6.92% | 0.56x | $520.37 Million |
| Changchai Co Ltd (000570) | $1.31 Billion | 18.21% | 1.00x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $292.46 Million | 7.04% | 2.58x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.36 Billion | 7.59% | 0.66x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.12 Billion | 3.00% | 0.28x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Jiangsu Rutong Petro-Machinery
Jiangsu Rutong Petro-Machinery Co., Ltd, together with its subsidiaries, researches, develops, manufactures, and sells oil drilling and production equipment and tools in China, the United States, the Middle East, Southeast Asia, Russia, North Africa, and internationally. It offers wellhead automation equipment comprising hydraulic elevators, elevator chucks, pneumatic and hydraulic slips, pneumat… Read more