Jingsu Jingshen Salt&Chem Net Assets
Jingsu Jingshen Salt&Chem net assets. Based on the latest financial reports, Jingsu Jingshen Salt&Chem (603299) has net assets worth CN¥8.61 Billion CNY (≈ $1.26 Billion 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¥13.88 Billion ≈ $2.03 Billion USD) and total liabilities (CN¥5.26 Billion ≈ $770.34 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. Also explore Jingsu Jingshen Salt&Chem net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.61 Billion |
| % of Total Assets | 62.07% |
| Annual Growth Rate | 12.96% |
| 5-Year Change | 49.42% |
| 10-Year Change | 240.62% |
| Growth Volatility | 19.5 |
Net Assets of Jingsu Jingshen Salt&Chem (2009–2025)
Net assets of Jingsu Jingshen Salt&Chem from 2009 to 2025. This chart illustrates how Jingsu Jingshen Salt&Chem's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Jingsu Jingshen Salt&Chem to measure how much of total assets are equity-financed.
Annual Net Assets for Jingsu Jingshen Salt&Chem (2009–2025)
The table below shows the annual net assets of Jingsu Jingshen Salt&Chem from 2009 to 2025. For live market cap and overall valuation, see Jingsu Jingshen Salt&Chem (603299) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.70 Billion ≈ $980.16 Million |
+3.74% |
| 2024-12-31 | CN¥6.46 Billion ≈ $944.84 Million |
+8.91% |
| 2023-12-31 | CN¥5.93 Billion ≈ $867.53 Million |
+10.88% |
| 2022-12-31 | CN¥5.35 Billion ≈ $782.37 Million |
+19.27% |
| 2021-12-31 | CN¥4.48 Billion ≈ $655.98 Million |
+7.20% |
| 2020-12-31 | CN¥4.18 Billion ≈ $611.92 Million |
+1.90% |
| 2019-12-31 | CN¥4.10 Billion ≈ $600.51 Million |
+84.36% |
| 2018-12-31 | CN¥2.23 Billion ≈ $325.73 Million |
+4.34% |
| 2017-12-31 | CN¥2.13 Billion ≈ $312.18 Million |
+8.49% |
| 2016-12-31 | CN¥1.97 Billion ≈ $287.76 Million |
-0.21% |
| 2015-12-31 | CN¥1.97 Billion ≈ $288.35 Million |
+20.59% |
| 2014-12-31 | CN¥1.63 Billion ≈ $239.11 Million |
+2.59% |
| 2013-12-31 | CN¥1.59 Billion ≈ $233.07 Million |
+6.42% |
| 2012-12-31 | CN¥1.50 Billion ≈ $219.00 Million |
+8.69% |
| 2011-12-31 | CN¥1.38 Billion ≈ $201.50 Million |
+13.09% |
| 2010-12-31 | CN¥1.22 Billion ≈ $178.17 Million |
+27.70% |
| 2009-12-31 | CN¥953.50 Million ≈ $139.53 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jingsu Jingshen Salt&Chem'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 123813.0% over the analyzed period, indicating profitable operations and earnings retention.
Jingsu Jingshen Salt&Chem Net Assets Breakdown (December 2025)
Jingsu Jingshen Salt&Chem net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.29 Billion | 52.28% |
| Other Components | CN¥3.00 Billion | 47.72% |
| Total Equity | CN¥6.29 Billion | 100.00% |
Jingsu Jingshen Salt&Chem Competitors by Market Cap
The table below lists competitors of Jingsu Jingshen Salt&Chem ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinxiang Richful Lube Additive Co. Ltd
SHE:300910
|
$1.25 Billion |
|
Godrej Agrovet Limited
NSE:GODREJAGRO
|
$1.25 Billion |
|
Kosmos Energy Ltd
NYSE:KOS
|
$1.25 Billion |
|
KTK Group Co Ltd
SHG:603680
|
$1.25 Billion |
|
Maxvision Technology Corp
SHE:002990
|
$1.25 Billion |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
$1.25 Billion |
|
Landis+Gyr Group AG
SW:LAND
|
$1.25 Billion |
|
SHANG.FOS.PHARM.GR.H YC 1
F:08HH
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jingsu Jingshen Salt&Chem's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,053,372,977 to 6,286,933,556, a change of 233,560,579 (3.9%).
- Net income of 522,118,019 contributed positively to equity growth.
- Dividend payments of 388,536,003 reduced retained earnings.
- Other factors increased equity by 99,978,564.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥522.12 Million | +8.3% |
| Dividends Paid | CN¥388.54 Million | -6.18% |
| Other Changes | CN¥99.98 Million | +1.59% |
| Total Change | CN¥- | 3.86% |
Book Value vs Market Value Analysis
This analysis compares Jingsu Jingshen Salt&Chem'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: 1.11x
- 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 4.60x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥1.95 | CN¥8.95 | x |
| 2010-12-31 | CN¥2.57 | CN¥8.95 | x |
| 2011-12-31 | CN¥3.15 | CN¥8.95 | x |
| 2012-12-31 | CN¥3.19 | CN¥8.95 | x |
| 2013-12-31 | CN¥3.41 | CN¥8.95 | x |
| 2014-12-31 | CN¥3.44 | CN¥8.95 | x |
| 2015-12-31 | CN¥4.13 | CN¥8.95 | x |
| 2016-12-31 | CN¥3.51 | CN¥8.95 | x |
| 2017-12-31 | CN¥3.83 | CN¥8.95 | x |
| 2018-12-31 | CN¥2.86 | CN¥8.95 | x |
| 2019-12-31 | CN¥5.12 | CN¥8.95 | x |
| 2020-12-31 | CN¥5.22 | CN¥8.95 | x |
| 2021-12-31 | CN¥5.61 | CN¥8.95 | x |
| 2022-12-31 | CN¥6.52 | CN¥8.95 | x |
| 2023-12-31 | CN¥7.17 | CN¥8.95 | x |
| 2024-12-31 | CN¥7.74 | CN¥8.95 | x |
| 2025-12-31 | CN¥8.04 | CN¥8.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jingsu Jingshen Salt&Chem 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): 8.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.59%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.69x
- Recent ROE (8.30%) is above the historical average (8.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 2.74% | 2.51% | 0.35x | 3.13x | CN¥-58.75 Million |
| 2010 | 8.58% | 6.39% | 0.48x | 2.79x | CN¥-15.18 Million |
| 2011 | 11.74% | 7.38% | 0.59x | 2.70x | CN¥23.90 Million |
| 2012 | 10.66% | 6.34% | 0.60x | 2.80x | CN¥9.87 Million |
| 2013 | 8.51% | 5.78% | 0.53x | 2.78x | CN¥-23.62 Million |
| 2014 | 6.10% | 4.04% | 0.55x | 2.73x | CN¥-63.39 Million |
| 2015 | 3.14% | 3.02% | 0.45x | 2.32x | CN¥-134.76 Million |
| 2016 | 1.17% | 1.07% | 0.48x | 2.28x | CN¥-173.45 Million |
| 2017 | 8.36% | 6.85% | 0.58x | 2.11x | CN¥-34.95 Million |
| 2018 | 9.96% | 4.76% | 0.99x | 2.12x | CN¥-987.61K |
| 2019 | 6.60% | 6.25% | 0.59x | 1.78x | CN¥-134.96 Million |
| 2020 | 3.67% | 3.77% | 0.54x | 1.80x | CN¥-255.72 Million |
| 2021 | 7.71% | 7.02% | 0.59x | 1.86x | CN¥-99.21 Million |
| 2022 | 15.91% | 13.47% | 0.61x | 1.92x | CN¥298.60 Million |
| 2023 | 13.31% | 12.99% | 0.56x | 1.82x | CN¥183.51 Million |
| 2024 | 12.70% | 14.39% | 0.54x | 1.62x | CN¥163.68 Million |
| 2025 | 8.30% | 11.59% | 0.42x | 1.69x | CN¥-106.58 Million |
Industry Comparison
This section compares Jingsu Jingshen Salt&Chem's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,847,026,607
- Average return on equity (ROE) among peers: -26.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jingsu Jingshen Salt&Chem (603299) | CN¥8.61 Billion | 2.74% | 0.61x | $1.25 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $11.08 Billion | 16.27% | 1.83x | $1.07 Billion |
| Sichuan Chemical Co Ltd (000155) | $6.60 Billion | 4.04% | 1.40x | $2.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $15.30 Billion | 10.55% | 1.29x | $10.07 Billion |
| Zangge Holding Co Ltd (000408) | $467.64 Million | 3.25% | 0.88x | $15.25 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $795.87 Million | 1.77% | 0.94x | $909.16 Million |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $38.72 Million | -326.47% | 8.38x | $277.26 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $779.47 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $474.34 Million | 6.08% | 0.53x | $547.90 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $824.49 Million | 10.82% | 0.01x | $282.23 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $12.16 Billion | 5.54% | 0.93x | $3.33 Billion |
About Jingsu Jingshen Salt&Chem
Jiang Su Suyan Jingshen Co.,Ltd. engages in the mining, research, production, distribution, and sale of salt and salt chemicals in China. The company offers two-alkali and small industrial salt, edible salts, soda ash, calcium chloride, baking soda, and other products. The company was formerly known as Jiangsu Jingshen Salt & Chemical Industry Co., Ltd. and changed its name to Jiang Su Suyan Jing… Read more