Suzhou Longjie Special Fiber Co Ltd (603332) - Net Assets
Based on the latest financial reports, Suzhou Longjie Special Fiber Co Ltd (603332) has net assets worth CN¥1.32 Billion CNY (≈ $193.32 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¥1.57 Billion ≈ $229.42 Million USD) and total liabilities (CN¥246.68 Million ≈ $36.10 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 balance sheet size of Suzhou Longjie Special Fiber Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.32 Billion |
| % of Total Assets | 84.27% |
| Annual Growth Rate | 10.42% |
| 5-Year Change | -4.02% |
| 10-Year Change | 147.55% |
| Growth Volatility | 22.84 |
Suzhou Longjie Special Fiber Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Suzhou Longjie Special Fiber Co Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Suzhou Longjie Special Fiber Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Suzhou Longjie Special Fiber Co Ltd (2014–2025)
The table below shows the annual net assets of Suzhou Longjie Special Fiber Co Ltd from 2014 to 2025. For live valuation and market cap data, see 603332 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.30 Billion ≈ $190.37 Million |
+2.80% |
| 2024-12-31 | CN¥1.27 Billion ≈ $185.19 Million |
+0.51% |
| 2023-12-31 | CN¥1.26 Billion ≈ $184.25 Million |
-0.81% |
| 2022-12-31 | CN¥1.27 Billion ≈ $185.75 Million |
-6.35% |
| 2021-12-31 | CN¥1.36 Billion ≈ $198.35 Million |
+1.43% |
| 2020-12-31 | CN¥1.34 Billion ≈ $195.56 Million |
-2.59% |
| 2019-12-31 | CN¥1.37 Billion ≈ $200.76 Million |
+74.19% |
| 2018-12-31 | CN¥787.62 Million ≈ $115.25 Million |
+24.29% |
| 2017-12-31 | CN¥633.71 Million ≈ $92.73 Million |
+20.58% |
| 2016-12-31 | CN¥525.53 Million ≈ $76.90 Million |
-6.40% |
| 2015-12-31 | CN¥561.47 Million ≈ $82.16 Million |
+28.39% |
| 2014-12-31 | CN¥437.33 Million ≈ $63.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou Longjie Special Fiber 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 278.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥437.35 Million | 33.62% |
| Other Components | CN¥863.62 Million | 66.38% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Suzhou Longjie Special Fiber Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Longjie Special Fiber Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pekat Group Bhd
KLSE:0233
|
$324.50 Million |
|
Myer Holdings Ltd
AU:MYR
|
$324.52 Million |
|
Northern Superior Resources Inc
V:SUP
|
$324.53 Million |
|
ROPEOK Technology Group Co Ltd
SHG:688619
|
$324.54 Million |
|
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
|
$324.37 Million |
|
Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd.
SHE:300922
|
$324.32 Million |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
$324.10 Million |
|
Zhengzhou Tiamaes Technology Co Ltd
SHE:300807
|
$323.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Longjie Special Fiber Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,265,523,111 to 1,300,964,164, a change of 35,441,053 (2.8%).
- Net income of 76,634,700 contributed positively to equity growth.
- Dividend payments of 47,441,518 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥76.63 Million | +5.89% |
| Dividends Paid | CN¥47.44 Million | -3.65% |
| Other Changes | CN¥6.25 Million | +0.48% |
| Total Change | CN¥- | 2.80% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Longjie Special Fiber 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: 1.70x
- 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 3.83x to 1.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.68 | CN¥10.25 | x |
| 2015-12-31 | CN¥3.45 | CN¥10.25 | x |
| 2016-12-31 | CN¥3.25 | CN¥10.25 | x |
| 2017-12-31 | CN¥3.90 | CN¥10.25 | x |
| 2018-12-31 | CN¥4.86 | CN¥10.25 | x |
| 2019-12-31 | CN¥6.47 | CN¥10.25 | x |
| 2020-12-31 | CN¥6.15 | CN¥10.25 | x |
| 2021-12-31 | CN¥6.21 | CN¥10.25 | x |
| 2022-12-31 | CN¥5.79 | CN¥10.25 | x |
| 2023-12-31 | CN¥6.13 | CN¥10.25 | x |
| 2024-12-31 | CN¥5.92 | CN¥10.25 | x |
| 2025-12-31 | CN¥6.01 | CN¥10.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Longjie Special Fiber 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): 5.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.62%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.15x
- Recent ROE (5.89%) is below the historical average (10.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.73% | 4.18% | 1.80x | 1.69x | CN¥11.92 Million |
| 2015 | 31.37% | 12.21% | 1.82x | 1.41x | CN¥119.97 Million |
| 2016 | 12.17% | 5.30% | 1.69x | 1.36x | CN¥11.42 Million |
| 2017 | 21.29% | 8.86% | 1.83x | 1.32x | CN¥71.56 Million |
| 2018 | 19.54% | 8.83% | 1.76x | 1.26x | CN¥75.15 Million |
| 2019 | 12.23% | 10.33% | 1.03x | 1.15x | CN¥30.56 Million |
| 2020 | 2.68% | 4.07% | 0.59x | 1.11x | CN¥-97.83 Million |
| 2021 | 2.73% | 3.45% | 0.65x | 1.21x | CN¥-98.61 Million |
| 2022 | -3.97% | -4.73% | 0.69x | 1.22x | CN¥-177.35 Million |
| 2023 | 1.14% | 0.90% | 1.06x | 1.19x | CN¥-111.53 Million |
| 2024 | 4.56% | 3.44% | 1.10x | 1.21x | CN¥-68.79 Million |
| 2025 | 5.89% | 4.62% | 1.11x | 1.15x | CN¥-53.46 Million |
Industry Comparison
This section compares Suzhou Longjie Special Fiber Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,774,585,224
- Average return on equity (ROE) among peers: 6.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Longjie Special Fiber Co Ltd (603332) | CN¥1.32 Billion | 12.73% | 0.19x | $324.50 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $269.36 Million | 7.73% | 1.33x | $593.20 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.04 Billion | 1.68% | 1.48x | $2.87 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $325.04 Million | 27.48% | 1.28x | $1.28 Billion |
| Lu Thai Textile Co Ltd (000726) | $7.28 Billion | 9.79% | 0.25x | $502.61 Million |
| Anhui Huamao Textile Co Ltd (000850) | $1.03 Billion | 2.70% | 0.74x | $549.59 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.36 Billion | 5.36% | 1.33x | $1.28 Billion |
| Xinlong Holding Group Co Ltd (000955) | $431.96 Million | 0.28% | 1.11x | $297.80 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $6.45 Billion | 1.04% | 1.64x | $908.35 Million |
| Sunvim Group Co Ltd (002083) | $2.85 Billion | 4.73% | 1.59x | $1.29 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.72 Billion | 6.83% | 0.27x | $251.93 Million |
About Suzhou Longjie Special Fiber Co Ltd
Suzhou Longjie Special Fiber Co., Ltd. engages in the research and development, production, and sale of polyester filaments in China and internationally. It offers PTT and recycled fibers, as well as animal fur polyester fibers, such as imitation mink, imitation wool, and imitation rabbit fur. Its products are used in the industrial sector; apparel, home textiles, new energy vehicle interiors, to… Read more