Jiangyin Jianghua Microelectronics Materials Co Ltd (603078) - Net Assets
Based on the latest financial reports, Jiangyin Jianghua Microelectronics Materials Co Ltd (603078) has net assets worth CN¥1.94 Billion CNY (≈ $283.66 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¥2.62 Billion ≈ $383.81 Million USD) and total liabilities (CN¥684.35 Million ≈ $100.14 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 Jiangyin Jianghua Microelectronics Mater liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.94 Billion |
| % of Total Assets | 73.91% |
| Annual Growth Rate | 17.85% |
| 5-Year Change | 69.53% |
| 10-Year Change | 471.44% |
| Growth Volatility | 29.48 |
Jiangyin Jianghua Microelectronics Materials Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Jiangyin Jianghua Microelectronics Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Jiangyin Jianghua Microelectronics Mater for the complete picture of this company's asset base.
Annual Net Assets for Jiangyin Jianghua Microelectronics Materials Co Ltd (2012–2024)
The table below shows the annual net assets of Jiangyin Jianghua Microelectronics Materials Co Ltd from 2012 to 2024. For live valuation and market cap data, see 603078 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.89 Billion ≈ $276.68 Million |
+0.83% |
| 2023-12-31 | CN¥1.88 Billion ≈ $274.40 Million |
+1.31% |
| 2022-12-31 | CN¥1.85 Billion ≈ $270.85 Million |
+60.51% |
| 2021-12-31 | CN¥1.15 Billion ≈ $168.75 Million |
+3.40% |
| 2020-12-31 | CN¥1.12 Billion ≈ $163.21 Million |
+41.24% |
| 2019-12-31 | CN¥789.68 Million ≈ $115.56 Million |
+2.62% |
| 2018-12-31 | CN¥769.52 Million ≈ $112.60 Million |
+2.90% |
| 2017-12-31 | CN¥747.86 Million ≈ $109.44 Million |
+95.86% |
| 2016-12-31 | CN¥381.83 Million ≈ $55.87 Million |
+15.40% |
| 2015-12-31 | CN¥330.88 Million ≈ $48.42 Million |
+15.31% |
| 2014-12-31 | CN¥286.95 Million ≈ $41.99 Million |
+22.30% |
| 2013-12-31 | CN¥234.62 Million ≈ $34.33 Million |
-10.90% |
| 2012-12-31 | CN¥263.33 Million ≈ $38.53 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangyin Jianghua Microelectronics Materials 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 492.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥576.12 Million | 30.44% |
| Common Stock | CN¥385.64 Million | 20.37% |
| Other Comprehensive Income | CN¥93.79 Million | 4.96% |
| Other Components | CN¥837.18 Million | 44.23% |
| Total Equity | CN¥1.89 Billion | 100.00% |
Jiangyin Jianghua Microelectronics Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangyin Jianghua Microelectronics Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan East Lake High Technology Group Co Ltd
SHG:600133
|
$1.40 Billion |
|
Gosuncn Technology Group Co Ltd Class A
SHE:300098
|
$1.40 Billion |
|
Skywater Technology Inc
NASDAQ:SKYT
|
$1.40 Billion |
|
Shenzhen Click Technology Co Ltd
SHE:002782
|
$1.40 Billion |
|
Woori Technology Inc
KQ:032820
|
$1.40 Billion |
|
Clearway Energy Inc
NYSE:CWEN-A
|
$1.40 Billion |
|
Central Plaza Hotel Public Company Limited
BK:CENTEL-R
|
$1.40 Billion |
|
Xior Student Housing NV
BR:XIOR
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangyin Jianghua Microelectronics Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,635,438,601 to 1,892,728,061, a change of 257,289,460 (15.7%).
- Net income of 98,632,850 contributed positively to equity growth.
- Dividend payments of 56,464,980 reduced retained earnings.
- Other comprehensive income increased equity by 93,789,299.
- Other factors increased equity by 121,332,291.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥98.63 Million | +5.21% |
| Dividends Paid | CN¥56.46 Million | -2.98% |
| Other Comprehensive Income | CN¥93.79 Million | +4.96% |
| Other Changes | CN¥121.33 Million | +6.41% |
| Total Change | CN¥- | 15.73% |
Book Value vs Market Value Analysis
This analysis compares Jiangyin Jianghua Microelectronics Materials 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: 5.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 22.05x to 5.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.13 | CN¥24.81 | x |
| 2013-12-31 | CN¥1.03 | CN¥24.81 | x |
| 2014-12-31 | CN¥1.23 | CN¥24.81 | x |
| 2015-12-31 | CN¥1.41 | CN¥24.81 | x |
| 2016-12-31 | CN¥1.63 | CN¥24.81 | x |
| 2017-12-31 | CN¥2.56 | CN¥24.81 | x |
| 2018-12-31 | CN¥2.47 | CN¥24.81 | x |
| 2019-12-31 | CN¥2.53 | CN¥24.81 | x |
| 2020-12-31 | CN¥3.56 | CN¥24.81 | x |
| 2021-12-31 | CN¥3.49 | CN¥24.81 | x |
| 2022-12-31 | CN¥4.25 | CN¥24.81 | x |
| 2023-12-31 | CN¥4.24 | CN¥24.81 | x |
| 2024-12-31 | CN¥4.91 | CN¥24.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangyin Jianghua Microelectronics Materials 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): 5.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.97%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.39x
- Recent ROE (5.21%) is below the historical average (9.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 9.59% | 8.98% | 0.66x | 1.63x | CN¥-1.08 Million |
| 2013 | 8.22% | 7.28% | 0.59x | 1.90x | CN¥-4.17 Million |
| 2014 | 22.94% | 18.60% | 0.73x | 1.69x | CN¥37.14 Million |
| 2015 | 18.72% | 19.02% | 0.66x | 1.50x | CN¥28.84 Million |
| 2016 | 18.06% | 20.70% | 0.60x | 1.45x | CN¥30.76 Million |
| 2017 | 7.18% | 15.15% | 0.40x | 1.18x | CN¥-21.11 Million |
| 2018 | 5.19% | 10.41% | 0.38x | 1.31x | CN¥-37.06 Million |
| 2019 | 4.37% | 7.04% | 0.36x | 1.71x | CN¥-44.51 Million |
| 2020 | 5.21% | 10.32% | 0.28x | 1.78x | CN¥-53.47 Million |
| 2021 | 4.89% | 7.13% | 0.35x | 1.95x | CN¥-59.00 Million |
| 2022 | 6.45% | 11.26% | 0.33x | 1.76x | CN¥-58.15 Million |
| 2023 | 6.44% | 10.22% | 0.38x | 1.66x | CN¥-58.29 Million |
| 2024 | 5.21% | 8.97% | 0.42x | 1.39x | CN¥-90.64 Million |
Industry Comparison
This section compares Jiangyin Jianghua Microelectronics Materials Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $17,716,400,941
- Average return on equity (ROE) among peers: 5.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangyin Jianghua Microelectronics Materials Co Ltd (603078) | CN¥1.94 Billion | 9.59% | 0.35x | $1.40 Billion |
| TCL Corp (000100) | $132.70 Billion | 1.18% | 1.85x | $13.00 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $324.60 Million | 17.43% | 0.64x | $5.12 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $11.50 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $279.37 Million | 22.06% | 1.27x | $6.27 Billion |
| NAURA Technology Group Co Ltd (002371) | $32.23 Billion | 17.44% | 1.04x | $56.96 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $4.26 Billion | 3.12% | 0.12x | $5.90 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $872.24 Million | -37.18% | 0.97x | $437.78 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $648.76 Million | 3.51% | 0.98x | $948.18 Million |
| Hubei Tech Semiconductors Co (300046) | $645.15 Million | 5.00% | 0.19x | $1.12 Billion |
| Shanghai Sinyang Semiconductor (300236) | $4.99 Billion | 1.88% | 0.33x | $4.35 Billion |
About Jiangyin Jianghua Microelectronics Materials Co Ltd
Jiangyin Jianghua Microelectronics Materials Co., Ltd engages in the research and development, production, and sale of ultra-clean high-purity reagents, photoresist supporting reagents, and other wet electronic chemicals in China. The company offers general chemicals, including acids and bases, solvents, and other products; functional chemicals, such as developing and rinsing solutions, stripping… Read more