Jintuo Technology Co Ltd (603211) - Net Assets
Based on the latest financial reports, Jintuo Technology Co Ltd (603211) has net assets worth CN¥1.22 Billion CNY (≈ $178.04 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.88 Billion ≈ $275.16 Million USD) and total liabilities (CN¥663.71 Million ≈ $97.12 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 603211 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.22 Billion |
| % of Total Assets | 64.7% |
| Annual Growth Rate | 20.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 27.39 |
Jintuo Technology Co Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Jintuo Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jintuo Technology Co Ltd (603211) total assets for the complete picture of this company's asset base.
Annual Net Assets for Jintuo Technology Co Ltd (2020–2024)
The table below shows the annual net assets of Jintuo Technology Co Ltd from 2020 to 2024. For live valuation and market cap data, see market value of Jintuo Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.20 Billion ≈ $175.72 Million |
+2.88% |
| 2023-12-31 | CN¥1.17 Billion ≈ $170.80 Million |
+2.86% |
| 2022-12-31 | CN¥1.13 Billion ≈ $166.06 Million |
+69.29% |
| 2021-12-31 | CN¥670.31 Million ≈ $98.09 Million |
+16.06% |
| 2020-12-31 | CN¥577.56 Million ≈ $84.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jintuo Technology 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 429.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥227.43 Million | 19.13% |
| Other Components | CN¥961.44 Million | 80.87% |
| Total Equity | CN¥1.19 Billion | 100.00% |
Jintuo Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jintuo Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Shudao Equipment & Technology Co Ltd
SHE:300540
|
$1.10 Billion |
|
Rukun Raharja Tbk
JK:RAJA
|
$1.10 Billion |
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
$1.10 Billion |
|
PORR AG
VI:POS
|
$1.10 Billion |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
$1.10 Billion |
|
Bangkok Life Assurance Public Company Limited
BK:BLA
|
$1.10 Billion |
|
Magellan Aerospace Corporation
TO:MAL
|
$1.10 Billion |
|
Platinum Asset Management Ltd
AU:PTM
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jintuo Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,153,636,318 to 1,188,874,082, a change of 35,237,763 (3.1%).
- Net income of 50,071,290 contributed positively to equity growth.
- Dividend payments of 26,705,014 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥50.07 Million | +4.21% |
| Dividends Paid | CN¥26.71 Million | -2.25% |
| Other Changes | CN¥11.87 Million | +1.0% |
| Total Change | CN¥- | 3.05% |
Book Value vs Market Value Analysis
This analysis compares Jintuo Technology 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: 6.34x
- 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 9.78x to 6.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥2.83 | CN¥27.71 | x |
| 2021-12-31 | CN¥3.24 | CN¥27.71 | x |
| 2022-12-31 | CN¥4.12 | CN¥27.71 | x |
| 2023-12-31 | CN¥4.24 | CN¥27.71 | x |
| 2024-12-31 | CN¥4.37 | CN¥27.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jintuo Technology 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): 4.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.26%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.61x
- Recent ROE (4.21%) is below the historical average (8.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 14.36% | 11.79% | 0.63x | 1.92x | CN¥25.19 Million |
| 2021 | 12.47% | 8.98% | 0.68x | 2.05x | CN¥16.32 Million |
| 2022 | 5.81% | 6.66% | 0.58x | 1.50x | CN¥-46.91 Million |
| 2023 | 4.47% | 5.14% | 0.58x | 1.51x | CN¥-63.83 Million |
| 2024 | 4.21% | 4.26% | 0.61x | 1.61x | CN¥-68.82 Million |
Industry Comparison
This section compares Jintuo Technology Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,206,877,606
- Average return on equity (ROE) among peers: 6.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jintuo Technology Co Ltd (603211) | CN¥1.22 Billion | 14.36% | 0.55x | $1.10 Billion |
| China International Marine Containers Group Ltd (000039) | $8.33 Billion | 28.67% | 1.03x | $4.50 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $160.61 Million | -26.29% | 0.37x | $384.89 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.07 Billion | 0.86% | 0.44x | $410.37 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $329.96 Million | 28.81% | 0.69x | $1.20 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $3.45 Billion | 9.66% | 0.50x | $1.73 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $1.29 Billion | 10.75% | 0.38x | $1.90 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $8.04 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $860.67 Million | 4.61% | 0.86x | $340.32 Million |
| Guangzheng Group Co Ltd (002524) | $1.03 Billion | 0.15% | 0.92x | $334.06 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $4.03 Billion | 5.20% | 1.12x | $1.96 Billion |
About Jintuo Technology Co Ltd
Jintuo Technology Co., Ltd. engages in the research, development, production, and sale of aluminum alloy precision die castings in China and internationally. The company offers aluminum alloy precision die castings for auto parts; industrial components; and washing machine, refrigerator, air conditioner, and other related parts for the smart home sector. It also provides servo motors, inductors, … Read more