Jiangxi Jiangnan New Material
Jiangxi Jiangnan New Material Technology Co., Ltd. engages in the research, development, production, and sale of copper-based new materials worldwide. It offers copper ball series, copper oxide powder series, Anode Phosphor Bronze Series, and high-precision copper-based heat sink series. The company serves communications, computers, consumer electronics, automotive electronics, industrial control… Read more
Jiangxi Jiangnan New Material (603124) - Net Assets
Latest net assets as of September 2025: CN¥1.80 Billion CNY
Based on the latest financial reports, Jiangxi Jiangnan New Material (603124) has net assets worth CN¥1.80 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.53 Billion) and total liabilities (CN¥2.73 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.80 Billion |
| % of Total Assets | 39.7% |
| Annual Growth Rate | 37.28% |
| 5-Year Change | 136.67% |
| 10-Year Change | N/A |
| Growth Volatility | 37.16 |
Jiangxi Jiangnan New Material - Net Assets Trend (2019–2024)
This chart illustrates how Jiangxi Jiangnan New Material's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangxi Jiangnan New Material (2019–2024)
The table below shows the annual net assets of Jiangxi Jiangnan New Material from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.35 Billion | +15.07% |
| 2023-12-31 | CN¥1.18 Billion | +14.14% |
| 2022-12-31 | CN¥1.03 Billion | +11.74% |
| 2021-12-31 | CN¥923.03 Million | +61.26% |
| 2020-12-31 | CN¥572.39 Million | +106.17% |
| 2019-12-31 | CN¥277.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Jiangnan New Material'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 426.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥660.20 Million | 48.74% |
| Common Stock | CN¥109.31 Million | 8.07% |
| Other Components | CN¥585.15 Million | 43.20% |
| Total Equity | CN¥1.35 Billion | 100.00% |
Jiangxi Jiangnan New Material Competitors by Market Cap
The table below lists competitors of Jiangxi Jiangnan New Material ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Appian Corp
NASDAQ:APPN
|
$912.47 Million |
|
Cadre Holdings Inc
NYSE:CDRE
|
$912.54 Million |
|
RLJ Lodging Trust
NYSE:RLJ
|
$912.56 Million |
|
Goldsun Building Materials Co Ltd
TW:2504
|
$912.93 Million |
|
United Plantations Berhad
PINK:UPBMF
|
$911.73 Million |
|
Life360 Inc
PINK:LIFX
|
$911.68 Million |
|
ROBERTET SA INH. EO 250
F:0R7
|
$911.62 Million |
|
Sino Geophysical
SHE:300191
|
$911.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Jiangnan New Material's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,177,235,397 to 1,354,659,212, a change of 177,423,815 (15.1%).
- Net income of 176,308,386 contributed positively to equity growth.
- Dividend payments of 24,918,571 reduced retained earnings.
- Other factors increased equity by 26,034,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥176.31 Million | +13.01% |
| Dividends Paid | CN¥24.92 Million | -1.84% |
| Other Changes | CN¥26.03 Million | +1.92% |
| Total Change | CN¥- | 15.07% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Jiangnan New Material'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: 8.12x
- 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 39.61x to 8.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥2.53 | CN¥100.40 | x |
| 2021-12-31 | CN¥8.44 | CN¥100.40 | x |
| 2022-12-31 | CN¥9.44 | CN¥100.40 | x |
| 2023-12-31 | CN¥10.80 | CN¥100.40 | x |
| 2024-12-31 | CN¥12.37 | CN¥100.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Jiangnan New Material 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): 13.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.03%
- • Asset Turnover: 2.60x
- • Equity Multiplier: 2.47x
- Recent ROE (13.01%) is below the historical average (14.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 22.06% | 2.05% | 3.33x | 3.24x | CN¥33.47 Million |
| 2020 | 12.70% | 2.02% | 2.70x | 2.33x | CN¥15.48 Million |
| 2021 | 16.01% | 2.35% | 3.53x | 1.93x | CN¥55.43 Million |
| 2022 | 10.19% | 1.69% | 3.41x | 1.77x | CN¥2.00 Million |
| 2023 | 12.04% | 2.08% | 2.91x | 1.99x | CN¥24.04 Million |
| 2024 | 13.01% | 2.03% | 2.60x | 2.47x | CN¥40.84 Million |
Industry Comparison
This section compares Jiangxi Jiangnan New Material's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $11,279,165,402
- Average return on equity (ROE) among peers: 14.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Jiangnan New Material (603124) | CN¥1.80 Billion | 22.06% | 1.52x | $912.40 Million |
| Tongling Nonferrous Metals Group Co Ltd (000630) | $18.58 Billion | 2.89% | 1.57x | $5.46 Billion |
| North Copper Shanxi Co Ltd (000737) | $394.48 Million | 67.70% | 2.99x | $1.75 Billion |
| Yunnan Copper Co Ltd (000878) | $1.78 Billion | 4.64% | 1.28x | $3.43 Billion |
| Zhejiang Hailiang Co Ltd (002203) | $273.58 Million | 22.16% | 4.45x | $2.24 Billion |
| Nanjing Hanrui Cobalt Co Ltd (300618) | $205.45 Million | 4.85% | 2.93x | $1.29 Billion |
| Jiangyin Electrical Alloy Co Ltd (300697) | $918.77 Million | 11.57% | 0.57x | $295.92 Million |
| Xinke Material (600255) | $569.24 Million | 9.09% | 1.46x | $783.04 Million |
| Jiangxi Copper Co Ltd Class A (600362) | $87.80 Billion | 7.93% | 1.20x | $12.79 Billion |
| Pengxin International Mining Co Ltd (600490) | $319.50 Million | 6.24% | 0.35x | $1.72 Billion |
| Ningbo Boway Alloy Material Co Ltd (601137) | $1.96 Billion | 4.30% | 0.33x | $1.21 Billion |