JDM Jingda Mach(Ningbo)Co Ltd Net Assets
JDM Jingda Mach(Ningbo)Co Ltd net assets. Based on the latest financial reports, JDM Jingda Mach(Ningbo)Co Ltd (603088) has net assets worth CN¥1.12 Billion CNY (≈ $163.69 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¥1.94 Billion ≈ $284.10 Million USD) and total liabilities (CN¥822.81 Million ≈ $120.40 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 JDM Jingda Mach(Ningbo)Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.12 Billion |
| % of Total Assets | 57.62% |
| Annual Growth Rate | 20.64% |
| 5-Year Change | 39.82% |
| 10-Year Change | 71.5% |
| Growth Volatility | 61.8 |
Net Assets of JDM Jingda Mach(Ningbo)Co Ltd (2009–2024)
Net assets of JDM Jingda Mach(Ningbo)Co Ltd from 2009 to 2024. This chart illustrates how JDM Jingda Mach(Ningbo)Co Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is JDM Jingda Mach(Ningbo)Co Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for JDM Jingda Mach(Ningbo)Co Ltd (2009–2024)
The table below shows the annual net assets of JDM Jingda Mach(Ningbo)Co Ltd from 2009 to 2024. For live market cap and overall valuation, see JDM Jingda Mach(Ningbo)Co Ltd (603088) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥790.37 Million ≈ $115.66 Million |
+7.36% |
| 2023-12-31 | CN¥736.20 Million ≈ $107.73 Million |
+13.53% |
| 2022-12-31 | CN¥648.48 Million ≈ $94.89 Million |
+17.49% |
| 2021-12-31 | CN¥551.97 Million ≈ $80.77 Million |
-2.35% |
| 2020-12-31 | CN¥565.26 Million ≈ $82.72 Million |
+1.89% |
| 2019-12-31 | CN¥554.76 Million ≈ $81.18 Million |
+5.32% |
| 2018-12-31 | CN¥526.71 Million ≈ $77.07 Million |
+6.80% |
| 2017-12-31 | CN¥493.16 Million ≈ $72.16 Million |
+4.66% |
| 2016-12-31 | CN¥471.20 Million ≈ $68.95 Million |
+2.24% |
| 2015-12-31 | CN¥460.86 Million ≈ $67.44 Million |
+2.22% |
| 2014-12-31 | CN¥450.85 Million ≈ $65.97 Million |
+55.16% |
| 2013-12-31 | CN¥290.58 Million ≈ $42.52 Million |
+4.08% |
| 2012-12-31 | CN¥279.20 Million ≈ $40.86 Million |
+17.87% |
| 2011-12-31 | CN¥236.88 Million ≈ $34.66 Million |
+41.78% |
| 2010-12-31 | CN¥167.08 Million ≈ $24.45 Million |
+252.76% |
| 2009-12-31 | CN¥47.36 Million ≈ $6.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to JDM Jingda Mach(Ningbo)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 1293.9% over the analyzed period, indicating profitable operations and earnings retention.
JDM Jingda Mach(Ningbo)Co Ltd Net Assets Breakdown (December 2024)
JDM Jingda Mach(Ningbo)Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥200.94 Million | 25.83% |
| Common Stock | CN¥437.87 Million | 56.29% |
| Other Comprehensive Income | CN¥4.72 Million | 0.61% |
| Other Components | CN¥134.37 Million | 17.27% |
| Total Equity | CN¥777.90 Million | 100.00% |
JDM Jingda Mach(Ningbo)Co Ltd Competitors by Market Cap
The table below lists competitors of JDM Jingda Mach(Ningbo)Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Jingwei Electric Wire Co Ltd
SHE:300120
|
$676.62 Million |
|
Kura Oncology Inc
NASDAQ:KURA
|
$676.99 Million |
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
$677.37 Million |
|
Stadio Holdings Ltd
JSE:SDO
|
$677.39 Million |
|
Shandong Shanda Wit Science and Technology Co Ltd
SHE:000915
|
$675.86 Million |
|
Midland States Bancorp, Inc.
NASDAQ:MSBI
|
$675.69 Million |
|
Udemy Inc
NASDAQ:UDMY
|
$675.68 Million |
|
SMU S.A
SN:SMU
|
$675.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JDM Jingda Mach(Ningbo)Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 727,001,099 to 777,897,888, a change of 50,896,789 (7.0%).
- Net income of 164,601,866 contributed positively to equity growth.
- Dividend payments of 126,990,142 reduced retained earnings.
- Share repurchases of 61,740 reduced equity.
- Other comprehensive income decreased equity by 94,823,892.
- Other factors increased equity by 108,170,697.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥164.60 Million | +21.16% |
| Dividends Paid | CN¥126.99 Million | -16.32% |
| Share Repurchases | CN¥61.74K | -0.01% |
| Other Comprehensive Income | CN¥-94.82 Million | -12.19% |
| Other Changes | CN¥108.17 Million | +13.91% |
| Total Change | CN¥- | 7.00% |
Book Value vs Market Value Analysis
This analysis compares JDM Jingda Mach(Ningbo)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: 5.12x
- 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 46.09x to 5.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.20 | CN¥9.20 | x |
| 2010-12-31 | CN¥0.70 | CN¥9.20 | x |
| 2011-12-31 | CN¥0.69 | CN¥9.20 | x |
| 2012-12-31 | CN¥0.82 | CN¥9.20 | x |
| 2013-12-31 | CN¥0.85 | CN¥9.20 | x |
| 2014-12-31 | CN¥1.25 | CN¥9.20 | x |
| 2015-12-31 | CN¥0.99 | CN¥9.20 | x |
| 2016-12-31 | CN¥1.04 | CN¥9.20 | x |
| 2017-12-31 | CN¥1.08 | CN¥9.20 | x |
| 2018-12-31 | CN¥1.16 | CN¥9.20 | x |
| 2019-12-31 | CN¥1.27 | CN¥9.20 | x |
| 2020-12-31 | CN¥1.29 | CN¥9.20 | x |
| 2021-12-31 | CN¥1.74 | CN¥9.20 | x |
| 2022-12-31 | CN¥1.49 | CN¥9.20 | x |
| 2023-12-31 | CN¥1.68 | CN¥9.20 | x |
| 2024-12-31 | CN¥1.80 | CN¥9.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JDM Jingda Mach(Ningbo)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): 21.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.13%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.78x
- Recent ROE (21.16%) is above the historical average (18.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 74.57% | 33.01% | 0.50x | 4.51x | CN¥30.58 Million |
| 2010 | 29.28% | 30.62% | 0.51x | 1.86x | CN¥32.21 Million |
| 2011 | 25.65% | 27.17% | 0.58x | 1.64x | CN¥37.07 Million |
| 2012 | 23.05% | 27.31% | 0.55x | 1.53x | CN¥36.42 Million |
| 2013 | 12.03% | 16.56% | 0.45x | 1.60x | CN¥5.89 Million |
| 2014 | 8.30% | 16.14% | 0.39x | 1.31x | CN¥-7.66 Million |
| 2015 | 4.80% | 11.54% | 0.33x | 1.25x | CN¥-23.77 Million |
| 2016 | 4.58% | 9.18% | 0.36x | 1.40x | CN¥-25.45 Million |
| 2017 | 6.39% | 10.21% | 0.42x | 1.48x | CN¥-17.76 Million |
| 2018 | 7.77% | 11.75% | 0.43x | 1.52x | CN¥-11.63 Million |
| 2019 | 11.46% | 16.62% | 0.46x | 1.51x | CN¥8.00 Million |
| 2020 | 12.09% | 15.84% | 0.46x | 1.66x | CN¥11.65 Million |
| 2021 | 15.77% | 16.07% | 0.46x | 2.12x | CN¥31.39 Million |
| 2022 | 22.31% | 21.94% | 0.48x | 2.10x | CN¥78.74 Million |
| 2023 | 21.90% | 22.47% | 0.49x | 1.97x | CN¥86.54 Million |
| 2024 | 21.16% | 20.13% | 0.59x | 1.78x | CN¥86.81 Million |
Industry Comparison
This section compares JDM Jingda Mach(Ningbo)Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,477,759,762
- Average return on equity (ROE) among peers: -16.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JDM Jingda Mach(Ningbo)Co Ltd (603088) | CN¥1.12 Billion | 74.57% | 0.74x | $676.34 Million |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $648.76 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.11 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $193.67 Million | 8.57% | 0.89x | $2.84 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $2.01 Billion | 7.62% | 0.48x | $832.95 Million |
| Changchai Co Ltd (000570) | $2.09 Billion | 5.76% | 0.64x | $401.70 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.68 Billion | 5.35% | 1.18x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $784.79 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.36 Billion | 7.59% | 0.66x | $835.98 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.99 Billion | 4.88% | 1.62x | $619.79 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $558.47 Million | 4.02% | 0.68x | $1.43 Billion |
About JDM Jingda Mach(Ningbo)Co Ltd
JDM JingDaMachine (Ningbo) Co.Ltd produces and sells precision stamping parts in China and internationally. The company offers motor stators, rotors, and semiconductor lead frames; HVAC heat exchange equipment, such as fin press lines; vertical, horizontal, portable, and expander machines; return benders; return bend washing machines; and return bend ring loader, CNC tube perforating machine, and… Read more