Jiangsu United Water Technology Co. Ltd. Cl A (603291) - Net Assets
Based on the latest financial reports, Jiangsu United Water Technology Co. Ltd. Cl A (603291) has net assets worth CN¥1.80 Billion CNY (≈ $263.01 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¥3.78 Billion ≈ $553.59 Million USD) and total liabilities (CN¥1.99 Billion ≈ $290.58 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. See how leveraged is Jiangsu United Water Technology Co. Ltd.'s balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.80 Billion |
| % of Total Assets | 47.51% |
| Annual Growth Rate | 12.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.12 |
Jiangsu United Water Technology Co. Ltd. Cl A - Net Assets Trend (2021–2024)
This chart illustrates how Jiangsu United Water Technology Co. Ltd. Cl A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Jiangsu United Water Technology Co. Ltd. market capitalisation.
Annual Net Assets for Jiangsu United Water Technology Co. Ltd. Cl A (2021–2024)
The table below shows the annual net assets of Jiangsu United Water Technology Co. Ltd. Cl A from 2021 to 2024. Also explore Jiangsu United Water Technology Co. Ltd. equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.83 Billion ≈ $267.29 Million |
+4.07% |
| 2023-12-31 | CN¥1.76 Billion ≈ $256.83 Million |
+23.71% |
| 2022-12-31 | CN¥1.42 Billion ≈ $207.61 Million |
+11.09% |
| 2021-12-31 | CN¥1.28 Billion ≈ $186.88 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu United Water Technology Co. Ltd. Cl A'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 61.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥801.26 Million | 45.11% |
| Other Components | CN¥975.09 Million | 54.89% |
| Total Equity | CN¥1.78 Billion | 100.00% |
Jiangsu United Water Technology Co. Ltd. Cl A Competitors by Market Cap
The table below lists competitors of Jiangsu United Water Technology Co. Ltd. Cl A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Groupe CRIT SA
PA:CEN
|
$551.86 Million |
|
Beijing Tianyishangjia New Material Corp Ltd
SHG:688033
|
$552.01 Million |
|
Anhui Jiuhuashan Tourism Dvlp
SHG:603199
|
$552.12 Million |
|
Marcus Corporation
NYSE:MCS
|
$552.19 Million |
|
London Stock Exchange Group PLC
LSE:LSEG
|
$551.55 Million |
|
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd
SHE:300478
|
$551.45 Million |
|
Start Group
SHG:600734
|
$551.44 Million |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
$551.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu United Water Technology Co. Ltd. Cl A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,706,085,804 to 1,776,354,257, a change of 70,268,454 (4.1%).
- Net income of 149,926,081 contributed positively to equity growth.
- Dividend payments of 109,732,087 reduced retained earnings.
- Other factors increased equity by 30,074,459.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥149.93 Million | +8.44% |
| Dividends Paid | CN¥109.73 Million | -6.18% |
| Other Changes | CN¥30.07 Million | +1.69% |
| Total Change | CN¥- | 4.12% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu United Water Technology Co. Ltd. Cl A'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: 2.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.73x to 2.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.27 | CN¥8.91 | x |
| 2022-12-31 | CN¥3.61 | CN¥8.91 | x |
| 2023-12-31 | CN¥4.03 | CN¥8.91 | x |
| 2024-12-31 | CN¥4.20 | CN¥8.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu United Water Technology Co. Ltd. Cl A 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): 8.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.15%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.09x
- Recent ROE (8.44%) is below the historical average (9.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.30% | 13.51% | 0.32x | 2.58x | CN¥16.16 Million |
| 2022 | 9.44% | 11.21% | 0.33x | 2.54x | CN¥-7.70 Million |
| 2023 | 9.34% | 14.13% | 0.31x | 2.13x | CN¥-11.29 Million |
| 2024 | 8.44% | 13.15% | 0.31x | 2.09x | CN¥-27.71 Million |
Industry Comparison
This section compares Jiangsu United Water Technology Co. Ltd. Cl A's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $2,682,594,114
- Average return on equity (ROE) among peers: 4.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu United Water Technology Co. Ltd. Cl A (603291) | CN¥1.80 Billion | 11.30% | 1.10x | $551.80 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $535.48 Million | 9.63% | 0.20x | $3.15 Billion |
| Bohai Water Industry Co Ltd (000605) | $-95.96 Million | 0.00% | 0.00x | $308.60 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $12.35 Billion | 8.77% | 0.29x | $2.45 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $2.84 Billion | 9.63% | 0.56x | $1.16 Billion |
| Gansu Dayu Water saving Group (300021) | $1.61 Billion | 8.06% | 1.44x | $611.88 Million |
| Beijing Water Business Doctor (300055) | $5.54 Billion | 3.83% | 0.31x | $729.76 Million |
| BGT Group Co. Ltd. (300774) | $1.02 Billion | 11.72% | 0.28x | $651.39 Million |
| Hynar Water Group Co. Ltd. (300961) | $777.03 Million | -31.81% | 2.48x | $380.30 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $942.31 Million | 11.26% | 0.90x | $583.67 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $1.31 Billion | 10.12% | 0.17x | $646.88 Million |
About Jiangsu United Water Technology Co. Ltd. Cl A
Jiangsu United Water Technology Co.,Ltd. owns and operates water supply and wastewater treatment facilities in China. It also provides engineering services related to water supply infrastructure and industrial wastewater pretreatment facilities. The company was founded in 2004 and is based in Shanghai, China.