Jiangsu Yabang Dyestuff Co Ltd (603188) - Net Assets
Based on the latest financial reports, Jiangsu Yabang Dyestuff Co Ltd (603188) has net assets worth CN¥644.08 Million CNY (≈ $94.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.67 Billion ≈ $244.90 Million USD) and total liabilities (CN¥1.03 Billion ≈ $150.65 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 Jiangsu Yabang Dyestuff Co Ltd (603188) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥644.08 Million |
| % of Total Assets | 38.48% |
| Annual Growth Rate | -1.13% |
| 5-Year Change | -70.45% |
| 10-Year Change | -82.04% |
| Growth Volatility | 52.58 |
Jiangsu Yabang Dyestuff Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Jiangsu Yabang Dyestuff Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Jiangsu Yabang Dyestuff Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Yabang Dyestuff Co Ltd (2011–2025)
The table below shows the annual net assets of Jiangsu Yabang Dyestuff Co Ltd from 2011 to 2025. For live valuation and market cap data, see 603188 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥630.09 Million ≈ $92.20 Million |
-8.57% |
| 2024-12-31 | CN¥689.13 Million ≈ $100.84 Million |
-16.39% |
| 2023-12-31 | CN¥824.24 Million ≈ $120.61 Million |
-39.58% |
| 2022-12-31 | CN¥1.36 Billion ≈ $199.62 Million |
-36.03% |
| 2021-12-31 | CN¥2.13 Billion ≈ $312.07 Million |
-7.51% |
| 2020-12-31 | CN¥2.31 Billion ≈ $337.43 Million |
-23.48% |
| 2019-12-31 | CN¥3.01 Billion ≈ $440.98 Million |
-3.42% |
| 2018-12-31 | CN¥3.12 Billion ≈ $456.61 Million |
-17.23% |
| 2017-12-31 | CN¥3.77 Billion ≈ $551.64 Million |
+7.48% |
| 2016-12-31 | CN¥3.51 Billion ≈ $513.26 Million |
+11.62% |
| 2015-12-31 | CN¥3.14 Billion ≈ $459.81 Million |
+15.83% |
| 2014-12-31 | CN¥2.71 Billion ≈ $396.98 Million |
+185.13% |
| 2013-12-31 | CN¥951.44 Million ≈ $139.23 Million |
+22.26% |
| 2012-12-31 | CN¥778.21 Million ≈ $113.88 Million |
+5.27% |
| 2011-12-31 | CN¥739.23 Million ≈ $108.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Yabang Dyestuff 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 decreased by 304.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.28 Billion | 185.10% |
| Total Equity | CN¥691.04 Million | 100.00% |
Jiangsu Yabang Dyestuff Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Yabang Dyestuff Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oxiquim S.A
SN:OXIQUIM
|
$346.26 Million |
|
Viridis Mining and Minerals Ltd
AU:VMM
|
$346.27 Million |
|
Chemclin Diagnostics Co. Ltd. A
SHG:688468
|
$346.30 Million |
|
Venus Pipes & Tubes Limited
NSE:VENUSPIPES
|
$346.38 Million |
|
Beijing Integrity Technology Co. Ltd. A
SHG:688244
|
$346.16 Million |
|
Telos Corp
NASDAQ:TLS
|
$346.11 Million |
|
Xiangyang BOYA Precision Industrial Equipments Co. Ltd
SHE:300971
|
$346.06 Million |
|
Erajaya Swasembada Tbk
JK:ERAA
|
$345.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Yabang Dyestuff Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 746,834,333 to 691,041,144, a change of -55,793,189 (-7.5%).
- Net loss of 55,578,235 reduced equity.
- Dividend payments of 10,050,688 reduced retained earnings.
- Other comprehensive income decreased equity by 333,851,449.
- Other factors increased equity by 343,687,182.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-55.58 Million | -8.04% |
| Dividends Paid | CN¥10.05 Million | -1.45% |
| Other Comprehensive Income | CN¥-333.85 Million | -48.31% |
| Other Changes | CN¥343.69 Million | +49.73% |
| Total Change | CN¥- | -7.47% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Yabang Dyestuff 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: 3.42x
- 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 increased from 2.43x to 3.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.71 | CN¥4.15 | x |
| 2012-12-31 | CN¥1.80 | CN¥4.15 | x |
| 2013-12-31 | CN¥2.20 | CN¥4.15 | x |
| 2014-12-31 | CN¥5.80 | CN¥4.15 | x |
| 2015-12-31 | CN¥5.37 | CN¥4.15 | x |
| 2016-12-31 | CN¥6.01 | CN¥4.15 | x |
| 2017-12-31 | CN¥6.38 | CN¥4.15 | x |
| 2018-12-31 | CN¥5.23 | CN¥4.15 | x |
| 2019-12-31 | CN¥5.18 | CN¥4.15 | x |
| 2020-12-31 | CN¥4.11 | CN¥4.15 | x |
| 2021-12-31 | CN¥3.86 | CN¥4.15 | x |
| 2022-12-31 | CN¥2.64 | CN¥4.15 | x |
| 2023-12-31 | CN¥1.60 | CN¥4.15 | x |
| 2024-12-31 | CN¥1.31 | CN¥4.15 | x |
| 2025-12-31 | CN¥1.21 | CN¥4.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Yabang Dyestuff 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): -8.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.29%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.20x
- Recent ROE (-8.04%) is below the historical average (-2.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 24.31% | 10.85% | 0.99x | 2.27x | CN¥105.80 Million |
| 2012 | 16.10% | 7.80% | 0.81x | 2.54x | CN¥47.48 Million |
| 2013 | 27.26% | 13.57% | 0.89x | 2.25x | CN¥164.25 Million |
| 2014 | 23.09% | 27.08% | 0.68x | 1.26x | CN¥355.19 Million |
| 2015 | 21.52% | 29.08% | 0.56x | 1.32x | CN¥356.48 Million |
| 2016 | 18.93% | 28.65% | 0.54x | 1.22x | CN¥309.21 Million |
| 2017 | 14.90% | 16.90% | 0.72x | 1.22x | CN¥180.00 Million |
| 2018 | 5.38% | 7.78% | 0.44x | 1.59x | CN¥-138.82 Million |
| 2019 | -6.73% | -14.01% | 0.33x | 1.46x | CN¥-494.70 Million |
| 2020 | -26.11% | -93.84% | 0.17x | 1.63x | CN¥-846.99 Million |
| 2021 | -6.36% | -16.66% | 0.24x | 1.56x | CN¥-360.33 Million |
| 2022 | -46.47% | -72.29% | 0.38x | 1.68x | CN¥-848.85 Million |
| 2023 | -63.26% | -88.89% | 0.30x | 2.35x | CN¥-669.66 Million |
| 2024 | -35.45% | -37.76% | 0.47x | 2.02x | CN¥-339.47 Million |
| 2025 | -8.04% | -7.29% | 0.50x | 2.20x | CN¥-124.68 Million |
Industry Comparison
This section compares Jiangsu Yabang Dyestuff Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,574,587,449
- Average return on equity (ROE) among peers: 9.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Yabang Dyestuff Co Ltd (603188) | CN¥644.08 Million | 24.31% | 1.60x | $346.25 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $351.19 Million | 0.65% | 0.36x | $390.84 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $6.57 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $989.28 Million | 9.64% | 1.17x | $737.44 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.02 Billion | 4.81% | 1.07x | $3.51 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $3.12 Billion | 24.63% | 0.08x | $9.61 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.08 Billion | 0.46% | 0.67x | $1.50 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $10.20 Billion | 5.81% | 0.68x | $1.27 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $268.26 Million | 17.39% | 2.70x | $751.43 Million |
| Zhejiang Transfar Co Ltd (002010) | $104.13 Million | 34.21% | 0.82x | $1.98 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $468.74 Million |
About Jiangsu Yabang Dyestuff Co Ltd
Jiangsu Yabang Dyestuff Co., Ltd., together with its subsidiaries, engages in the research and development, production, sales, and service provision of textile dyes and dye intermediates in China and internationally. The company offers dispersion, reducing, and solvent series dyes; and pesticides, such as insecticides, fungicides, and herbicides. It is also involved in the production and sale of … Read more