Jiangsu Shemar Electric Co Ltd (603530) - Net Assets
Based on the latest financial reports, Jiangsu Shemar Electric Co Ltd (603530) has net assets worth CN¥1.63 Billion CNY (≈ $238.88 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¥2.70 Billion ≈ $394.40 Million USD) and total liabilities (CN¥1.06 Billion ≈ $155.51 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 asset resilience ratio of Jiangsu Shemar Electric Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.63 Billion |
| % of Total Assets | 60.57% |
| Annual Growth Rate | 18.31% |
| 5-Year Change | 58.95% |
| 10-Year Change | 348.65% |
| Growth Volatility | 14.89 |
Jiangsu Shemar Electric Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Jiangsu Shemar Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Shemar Electric Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Shemar Electric Co Ltd (2014–2024)
The table below shows the annual net assets of Jiangsu Shemar Electric Co Ltd from 2014 to 2024. For live valuation and market cap data, see Jiangsu Shemar Electric Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.78 Billion ≈ $260.04 Million |
+7.84% |
| 2023-12-31 | CN¥1.65 Billion ≈ $241.13 Million |
+3.59% |
| 2022-12-31 | CN¥1.59 Billion ≈ $232.78 Million |
+0.37% |
| 2021-12-31 | CN¥1.58 Billion ≈ $231.91 Million |
+41.76% |
| 2020-12-31 | CN¥1.12 Billion ≈ $163.60 Million |
+3.97% |
| 2019-12-31 | CN¥1.08 Billion ≈ $157.35 Million |
+44.97% |
| 2018-12-31 | CN¥741.75 Million ≈ $108.54 Million |
+19.60% |
| 2017-12-31 | CN¥620.19 Million ≈ $90.75 Million |
+22.60% |
| 2016-12-31 | CN¥505.86 Million ≈ $74.02 Million |
+27.71% |
| 2015-12-31 | CN¥396.10 Million ≈ $57.96 Million |
+19.79% |
| 2014-12-31 | CN¥330.67 Million ≈ $48.39 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Shemar Electric 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 498.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥795.24 Million | 44.75% |
| Common Stock | CN¥432.26 Million | 24.32% |
| Other Comprehensive Income | CN¥283.42K | 0.02% |
| Other Components | CN¥549.28 Million | 30.91% |
| Total Equity | CN¥1.78 Billion | 100.00% |
Jiangsu Shemar Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Shemar Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quálitas Controladora S.A.B. de C.V.
MX:Q
|
$3.95 Billion |
|
CJ Corp
KO:001040
|
$3.95 Billion |
|
Caesars Entertainment Corporation
NASDAQ:CZR
|
$3.95 Billion |
|
Cosan SA ADR
NYSE:CSAN
|
$3.96 Billion |
|
Escorts Kubota Limited
NSE:ESCORTS
|
$3.95 Billion |
|
Poonawalla Fincorp Limited
NSE:POONAWALLA
|
$3.95 Billion |
|
Allete Inc
NYSE:ALE
|
$3.94 Billion |
|
Grupo Cementos de Chihuahua S.A.B. de C.V
MX:GCC
|
$3.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Shemar Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,647,826,485 to 1,777,070,655, a change of 129,244,170 (7.8%).
- Net income of 310,729,666 contributed positively to equity growth.
- Dividend payments of 111,705,655 reduced retained earnings.
- Share repurchases of 78,548,328 reduced equity.
- Other comprehensive income decreased equity by 116,122,263.
- Other factors increased equity by 124,890,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥310.73 Million | +17.49% |
| Dividends Paid | CN¥111.71 Million | -6.29% |
| Share Repurchases | CN¥78.55 Million | -4.42% |
| Other Comprehensive Income | CN¥-116.12 Million | -6.53% |
| Other Changes | CN¥124.89 Million | +7.03% |
| Total Change | CN¥- | 7.84% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Shemar Electric 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: 14.90x
- 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 74.31x to 14.90x 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¥0.84 | CN¥62.55 | x |
| 2015-12-31 | CN¥1.09 | CN¥62.55 | x |
| 2016-12-31 | CN¥1.39 | CN¥62.55 | x |
| 2017-12-31 | CN¥1.75 | CN¥62.55 | x |
| 2018-12-31 | CN¥2.07 | CN¥62.55 | x |
| 2019-12-31 | CN¥2.69 | CN¥62.55 | x |
| 2020-12-31 | CN¥2.79 | CN¥62.55 | x |
| 2021-12-31 | CN¥3.67 | CN¥62.55 | x |
| 2022-12-31 | CN¥3.68 | CN¥62.55 | x |
| 2023-12-31 | CN¥3.85 | CN¥62.55 | x |
| 2024-12-31 | CN¥4.20 | CN¥62.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Shemar Electric 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): 17.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.10%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.39x
- Recent ROE (17.49%) is above the historical average (13.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.88% | 12.71% | 0.62x | 1.52x | CN¥6.22 Million |
| 2015 | 16.52% | 15.93% | 0.65x | 1.60x | CN¥25.82 Million |
| 2016 | 23.68% | 21.34% | 0.68x | 1.63x | CN¥69.18 Million |
| 2017 | 20.05% | 18.27% | 0.77x | 1.42x | CN¥62.32 Million |
| 2018 | 16.39% | 18.60% | 0.73x | 1.22x | CN¥47.38 Million |
| 2019 | 11.83% | 20.24% | 0.46x | 1.26x | CN¥19.71 Million |
| 2020 | 11.69% | 19.71% | 0.48x | 1.23x | CN¥18.90 Million |
| 2021 | 6.35% | 13.75% | 0.37x | 1.24x | CN¥-57.91 Million |
| 2022 | 3.09% | 6.66% | 0.35x | 1.33x | CN¥-109.95 Million |
| 2023 | 9.61% | 16.52% | 0.47x | 1.23x | CN¥-6.38 Million |
| 2024 | 17.49% | 23.10% | 0.54x | 1.39x | CN¥133.02 Million |
Industry Comparison
This section compares Jiangsu Shemar Electric Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Shemar Electric Co Ltd (603530) | CN¥1.63 Billion | 11.88% | 0.65x | $3.95 Billion |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 Billion |
About Jiangsu Shemar Electric Co Ltd
Jiangsu Shemar Electric Co.,Ltd engages in the research and development, production, and sale of composite external insulation for power system substations, composite external insulation for transmission and distribution lines, and rubber seals in China. It offers transmission line products, including line post, braced line post, and composite insulated cross-arm insulators, as well as substation… Read more