Jinneng Science&Tech Co Ltd (603113) - Net Assets
Based on the latest financial reports, Jinneng Science&Tech Co Ltd (603113) has net assets worth CN¥8.28 Billion CNY (≈ $1.21 Billion 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¥19.45 Billion ≈ $2.85 Billion USD) and total liabilities (CN¥11.17 Billion ≈ $1.63 Billion 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 603113 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.28 Billion |
| % of Total Assets | 42.59% |
| Annual Growth Rate | 15.24% |
| 5-Year Change | 7.09% |
| 10-Year Change | 356.47% |
| Growth Volatility | 20.92 |
Jinneng Science&Tech Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Jinneng Science&Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Jinneng Science&Tech Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Jinneng Science&Tech Co Ltd (2012–2024)
The table below shows the annual net assets of Jinneng Science&Tech Co Ltd from 2012 to 2024. For live valuation and market cap data, see 603113 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.63 Billion ≈ $1.26 Billion |
-1.43% |
| 2023-12-31 | CN¥8.76 Billion ≈ $1.28 Billion |
+0.55% |
| 2022-12-31 | CN¥8.71 Billion ≈ $1.27 Billion |
-0.52% |
| 2021-12-31 | CN¥8.75 Billion ≈ $1.28 Billion |
+8.62% |
| 2020-12-31 | CN¥8.06 Billion ≈ $1.18 Billion |
+36.73% |
| 2019-12-31 | CN¥5.89 Billion ≈ $862.46 Million |
+21.12% |
| 2018-12-31 | CN¥4.87 Billion ≈ $712.05 Million |
+26.25% |
| 2017-12-31 | CN¥3.85 Billion ≈ $563.99 Million |
+75.48% |
| 2016-12-31 | CN¥2.20 Billion ≈ $321.40 Million |
+16.17% |
| 2015-12-31 | CN¥1.89 Billion ≈ $276.66 Million |
+3.94% |
| 2014-12-31 | CN¥1.82 Billion ≈ $266.18 Million |
+7.66% |
| 2013-12-31 | CN¥1.69 Billion ≈ $247.25 Million |
+7.41% |
| 2012-12-31 | CN¥1.57 Billion ≈ $230.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jinneng Science&Tech 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 5480.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.88 Billion | 44.91% |
| Common Stock | CN¥847.95 Million | 9.83% |
| Other Comprehensive Income | CN¥842.12 Million | 9.76% |
| Other Components | CN¥3.06 Billion | 35.51% |
| Total Equity | CN¥8.63 Billion | 100.00% |
Jinneng Science&Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Jinneng Science&Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$751.28 Million |
|
Jiangyin Pivot Automotive Products Co. Ltd.
SHE:301181
|
$751.36 Million |
|
Naphtha
TA:NFTA
|
$751.38 Million |
|
Shenzhen Comix Group Co Ltd
SHE:002301
|
$751.52 Million |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
|
$751.11 Million |
|
EuroTeleSites AG
VI:ETS
|
$750.88 Million |
|
Guangdong Eastone Century Technology Co Ltd
SHE:300310
|
$750.86 Million |
|
Newgen Software Technologies Limited
NSE:NEWGEN
|
$750.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinneng Science&Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,755,636,083 to 8,630,138,212, a change of -125,497,871 (-1.4%).
- Net loss of 57,872,897 reduced equity.
- Dividend payments of 166,234,115 reduced retained earnings.
- Other comprehensive income increased equity by 842,118,563.
- Other factors decreased equity by 743,509,422.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-57.87 Million | -0.67% |
| Dividends Paid | CN¥166.23 Million | -1.93% |
| Other Comprehensive Income | CN¥842.12 Million | +9.76% |
| Other Changes | CN¥-743.51 Million | -8.62% |
| Total Change | CN¥- | -1.43% |
Book Value vs Market Value Analysis
This analysis compares Jinneng Science&Tech 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: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.31x to 0.63x 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¥2.62 | CN¥6.05 | x |
| 2013-12-31 | CN¥2.84 | CN¥6.05 | x |
| 2014-12-31 | CN¥3.07 | CN¥6.05 | x |
| 2015-12-31 | CN¥3.12 | CN¥6.05 | x |
| 2016-12-31 | CN¥3.66 | CN¥6.05 | x |
| 2017-12-31 | CN¥5.96 | CN¥6.05 | x |
| 2018-12-31 | CN¥7.20 | CN¥6.05 | x |
| 2019-12-31 | CN¥8.43 | CN¥6.05 | x |
| 2020-12-31 | CN¥9.70 | CN¥6.05 | x |
| 2021-12-31 | CN¥10.32 | CN¥6.05 | x |
| 2022-12-31 | CN¥10.27 | CN¥6.05 | x |
| 2023-12-31 | CN¥10.20 | CN¥6.05 | x |
| 2024-12-31 | CN¥9.60 | CN¥6.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinneng Science&Tech 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): -0.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.36%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.20x
- Recent ROE (-0.67%) is below the historical average (9.73%), 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 | 5.73% | 2.03% | 1.23x | 2.30x | CN¥-67.13 Million |
| 2013 | 6.70% | 2.23% | 1.45x | 2.07x | CN¥-55.73 Million |
| 2014 | 8.15% | 3.29% | 1.28x | 1.94x | CN¥-33.69 Million |
| 2015 | 4.81% | 2.51% | 1.11x | 1.72x | CN¥-98.12 Million |
| 2016 | 19.11% | 9.91% | 1.23x | 1.57x | CN¥200.17 Million |
| 2017 | 17.61% | 10.20% | 1.25x | 1.38x | CN¥293.37 Million |
| 2018 | 26.10% | 14.42% | 1.30x | 1.40x | CN¥783.66 Million |
| 2019 | 12.93% | 9.35% | 0.94x | 1.47x | CN¥172.94 Million |
| 2020 | 11.03% | 11.79% | 0.63x | 1.50x | CN¥83.32 Million |
| 2021 | 10.58% | 7.73% | 0.91x | 1.50x | CN¥50.49 Million |
| 2022 | 2.86% | 1.48% | 1.03x | 1.87x | CN¥-621.57 Million |
| 2023 | 1.57% | 0.94% | 0.80x | 2.09x | CN¥-738.18 Million |
| 2024 | -0.67% | -0.36% | 0.86x | 2.20x | CN¥-920.89 Million |
Industry Comparison
This section compares Jinneng Science&Tech Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinneng Science&Tech Co Ltd (603113) | CN¥8.28 Billion | 5.73% | 1.35x | $751.17 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Jinneng Science&Tech Co Ltd
Jinneng Science&Technology Co.,Ltd, an energy-focused industrial company, produces and distributes petrochemical, coal chemical and fine chemical products in China and internationally. The company offers propylene, polypropylene, coke, carbon black, p-methylphenol, potassium sorbate; and raw materials such as, propane, coking coal, coal tar, carbon black oil, etc., as well as other products. It a… Read more