Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A (603507) - Net Assets
Based on the latest financial reports, Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A (603507) has net assets worth CN¥2.46 Billion CNY (≈ $359.92 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.84 Billion ≈ $1.15 Billion USD) and total liabilities (CN¥5.38 Billion ≈ $787.46 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 Zhenjiang New Energy Equipment C (603507) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.46 Billion |
| % of Total Assets | 31.37% |
| Annual Growth Rate | 30.5% |
| 5-Year Change | 71.75% |
| 10-Year Change | 564.52% |
| Growth Volatility | 60.29 |
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Zhenjiang New Energy Equipment C total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see Jiangsu Zhenjiang New Energy Equipment C market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.52 Billion ≈ $368.34 Million |
+0.61% |
| 2023-12-31 | CN¥2.50 Billion ≈ $366.11 Million |
+9.30% |
| 2022-12-31 | CN¥2.29 Billion ≈ $334.97 Million |
+38.33% |
| 2021-12-31 | CN¥1.65 Billion ≈ $242.15 Million |
+12.91% |
| 2020-12-31 | CN¥1.47 Billion ≈ $214.46 Million |
+1.25% |
| 2019-12-31 | CN¥1.45 Billion ≈ $211.81 Million |
-2.90% |
| 2018-12-31 | CN¥1.49 Billion ≈ $218.13 Million |
+8.48% |
| 2017-12-31 | CN¥1.37 Billion ≈ $201.08 Million |
+162.53% |
| 2016-12-31 | CN¥523.43 Million ≈ $76.59 Million |
+38.18% |
| 2015-12-31 | CN¥378.79 Million ≈ $55.43 Million |
+167.27% |
| 2014-12-31 | CN¥141.72 Million ≈ $20.74 Million |
+5.31% |
| 2013-12-31 | CN¥134.58 Million ≈ $19.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Zhenjiang New Energy Equipment Co Ltd Class 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 4236.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥837.65 Million | 33.88% |
| Common Stock | CN¥184.30 Million | 7.45% |
| Other Comprehensive Income | CN¥1.57 Million | 0.06% |
| Other Components | CN¥1.45 Billion | 58.60% |
| Total Equity | CN¥2.47 Billion | 100.00% |
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Vital New Material Co. Ltd.
SHE:301319
|
$1.29 Billion |
|
Forestar Group Inc
NYSE:FOR
|
$1.29 Billion |
|
China Resources Boya Bio pharmaceutical Group Co Ltd
SHE:300294
|
$1.29 Billion |
|
Savers Value Village, Inc.
NYSE:SVV
|
$1.29 Billion |
|
Kernel Holding SA
F:0KE
|
$1.29 Billion |
|
Grupo Televisa S.A.B.
F:TLV
|
$1.29 Billion |
|
ATAI LIFE SCIENCES BV EO1
F:9VC
|
$1.29 Billion |
|
Brim hf
IC:BRIM
|
$1.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,411,160,777 to 2,472,228,295, a change of 61,067,518 (2.5%).
- Net income of 178,196,363 contributed positively to equity growth.
- Dividend payments of 180,565,429 reduced retained earnings.
- Share repurchases of 52,491,848 reduced equity.
- Other comprehensive income decreased equity by 75,647,368.
- Other factors increased equity by 191,575,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥178.20 Million | +7.21% |
| Dividends Paid | CN¥180.57 Million | -7.3% |
| Share Repurchases | CN¥52.49 Million | -2.12% |
| Other Comprehensive Income | CN¥-75.65 Million | -3.06% |
| Other Changes | CN¥191.58 Million | +7.75% |
| Total Change | CN¥- | 2.53% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Zhenjiang New Energy Equipment Co Ltd Class 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: 3.55x
- 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 23.04x to 3.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.07 | CN¥47.78 | x |
| 2014-12-31 | CN¥2.20 | CN¥47.78 | x |
| 2015-12-31 | CN¥5.14 | CN¥47.78 | x |
| 2016-12-31 | CN¥5.55 | CN¥47.78 | x |
| 2017-12-31 | CN¥13.86 | CN¥47.78 | x |
| 2018-12-31 | CN¥11.08 | CN¥47.78 | x |
| 2019-12-31 | CN¥11.16 | CN¥47.78 | x |
| 2020-12-31 | CN¥11.48 | CN¥47.78 | x |
| 2021-12-31 | CN¥12.89 | CN¥47.78 | x |
| 2022-12-31 | CN¥17.27 | CN¥47.78 | x |
| 2023-12-31 | CN¥13.03 | CN¥47.78 | x |
| 2024-12-31 | CN¥13.46 | CN¥47.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Zhenjiang New Energy Equipment Co Ltd Class 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): 7.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.52%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.80x
- Recent ROE (7.21%) is below the historical average (8.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.67% | 5.11% | 0.66x | 1.97x | CN¥-4.46 Million |
| 2014 | 5.74% | 4.05% | 0.57x | 2.51x | CN¥-6.04 Million |
| 2015 | 14.75% | 13.24% | 0.72x | 1.55x | CN¥17.99 Million |
| 2016 | 27.63% | 17.59% | 0.91x | 1.72x | CN¥92.30 Million |
| 2017 | 8.44% | 12.31% | 0.49x | 1.40x | CN¥-21.38 Million |
| 2018 | 4.33% | 6.20% | 0.33x | 2.13x | CN¥-79.53 Million |
| 2019 | 2.67% | 2.10% | 0.53x | 2.39x | CN¥-102.81 Million |
| 2020 | 4.71% | 3.49% | 0.54x | 2.50x | CN¥-75.77 Million |
| 2021 | 11.09% | 7.39% | 0.50x | 3.01x | CN¥17.61 Million |
| 2022 | 4.24% | 3.27% | 0.53x | 2.44x | CN¥-129.05 Million |
| 2023 | 7.62% | 4.78% | 0.60x | 2.64x | CN¥-57.43 Million |
| 2024 | 7.21% | 4.52% | 0.57x | 2.80x | CN¥-69.03 Million |
Industry Comparison
This section compares Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A (603507) | CN¥2.46 Billion | 6.67% | 2.19x | $1.29 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A
JiangSu Zhenjiang New Energy Equipment Co., Ltd. engages in the manufacture, processing, and sale of steel structural parts for energy power generation equipment in China. It operates through New Energy Products, Ship Leasing, Fastener Products, and Other segments. The company offers wind power equipment, such as nacelle covers, rotor rooms, stators, and towers; photovoltaic equipment products, w… Read more