Zhejiang Jasan Holding Group Co Ltd
Zhejiang Jasan Holding Group Co., Ltd. engages in the manufacture and sale of knitted sportswear worldwide. It offers cotton socks and seamless apparel. The company was incorporated in 1993 and is headquartered in Hangzhou, China.
Zhejiang Jasan Holding Group Co Ltd (603558) - Net Assets
Latest net assets as of September 2025: CN¥2.40 Billion CNY
Based on the latest financial reports, Zhejiang Jasan Holding Group Co Ltd (603558) has net assets worth CN¥2.40 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.96 Billion) and total liabilities (CN¥1.57 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.40 Billion |
| % of Total Assets | 60.48% |
| Annual Growth Rate | 22.45% |
| 5-Year Change | 4.68% |
| 10-Year Change | 222.37% |
| Growth Volatility | 45.04 |
Zhejiang Jasan Holding Group Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Zhejiang Jasan Holding Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Jasan Holding Group Co Ltd (2011–2024)
The table below shows the annual net assets of Zhejiang Jasan Holding Group Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.50 Billion | +2.35% |
| 2023-12-31 | CN¥2.44 Billion | -1.94% |
| 2022-12-31 | CN¥2.49 Billion | +7.47% |
| 2021-12-31 | CN¥2.31 Billion | -2.96% |
| 2020-12-31 | CN¥2.39 Billion | -21.77% |
| 2019-12-31 | CN¥3.05 Billion | +5.78% |
| 2018-12-31 | CN¥2.88 Billion | +3.90% |
| 2017-12-31 | CN¥2.77 Billion | +50.76% |
| 2016-12-31 | CN¥1.84 Billion | +137.58% |
| 2015-12-31 | CN¥774.56 Million | +112.89% |
| 2014-12-31 | CN¥363.83 Million | +26.44% |
| 2013-12-31 | CN¥287.74 Million | +18.21% |
| 2012-12-31 | CN¥243.42 Million | +35.75% |
| 2011-12-31 | CN¥179.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Jasan Holding Group 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 613.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥643.17 Million | 25.76% |
| Common Stock | CN¥369.00 Million | 14.78% |
| Other Comprehensive Income | CN¥91.46 Million | 3.66% |
| Other Components | CN¥1.39 Billion | 55.80% |
| Total Equity | CN¥2.50 Billion | 100.00% |
Zhejiang Jasan Holding Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Jasan Holding Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
|
$248.68 Million |
|
Shanghai Xujiahui Commercial Co Ltd
SHE:002561
|
$248.72 Million |
|
Objective Corporation Ltd
AU:OCL
|
$248.75 Million |
|
Ningbo Heli Mould Technology Co Ltd Class A
SHG:603917
|
$248.87 Million |
|
Batu Kawan Bhd
KLSE:1899
|
$248.59 Million |
|
Eastern Pioneer Auto Driving S
SHG:603377
|
$248.54 Million |
|
Adecoagro SA
NYSE:AGRO
|
$248.53 Million |
|
Arbonia AG
SW:ARBN
|
$248.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Jasan Holding Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,439,521,037 to 2,496,926,284, a change of 57,405,247 (2.4%).
- Net income of 324,927,590 contributed positively to equity growth.
- Dividend payments of 194,523,121 reduced retained earnings.
- Share repurchases of 129,991,608 reduced equity.
- Other comprehensive income increased equity by 99,985,626.
- Other factors decreased equity by 42,993,240.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥324.93 Million | +13.01% |
| Dividends Paid | CN¥194.52 Million | -7.79% |
| Share Repurchases | CN¥129.99 Million | -5.21% |
| Other Comprehensive Income | CN¥99.99 Million | +4.0% |
| Other Changes | CN¥-42.99 Million | -1.72% |
| Total Change | CN¥- | 2.35% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Jasan Holding Group 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: 1.90x
- 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 15.69x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.83 | CN¥12.99 | x |
| 2012-12-31 | CN¥1.08 | CN¥12.99 | x |
| 2013-12-31 | CN¥1.28 | CN¥12.99 | x |
| 2014-12-31 | CN¥3.02 | CN¥12.99 | x |
| 2015-12-31 | CN¥2.75 | CN¥12.99 | x |
| 2016-12-31 | CN¥5.15 | CN¥12.99 | x |
| 2017-12-31 | CN¥7.17 | CN¥12.99 | x |
| 2018-12-31 | CN¥6.98 | CN¥12.99 | x |
| 2019-12-31 | CN¥7.59 | CN¥12.99 | x |
| 2020-12-31 | CN¥5.92 | CN¥12.99 | x |
| 2021-12-31 | CN¥5.95 | CN¥12.99 | x |
| 2022-12-31 | CN¥6.56 | CN¥12.99 | x |
| 2023-12-31 | CN¥6.62 | CN¥12.99 | x |
| 2024-12-31 | CN¥6.84 | CN¥12.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Jasan Holding Group 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): 13.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.63%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.56x
- Recent ROE (13.01%) is above the historical average (11.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.67% | 12.94% | 0.93x | 2.38x | CN¥33.48 Million |
| 2012 | 26.83% | 14.69% | 0.85x | 2.15x | CN¥40.96 Million |
| 2013 | 26.22% | 13.51% | 0.84x | 2.30x | CN¥46.66 Million |
| 2014 | 21.17% | 11.95% | 0.81x | 2.20x | CN¥40.65 Million |
| 2015 | 13.09% | 14.18% | 0.60x | 1.55x | CN¥23.90 Million |
| 2016 | 5.63% | 15.61% | 0.27x | 1.33x | CN¥-80.40 Million |
| 2017 | 4.74% | 11.56% | 0.35x | 1.18x | CN¥-145.92 Million |
| 2018 | 7.16% | 13.09% | 0.44x | 1.26x | CN¥-81.79 Million |
| 2019 | 8.96% | 15.35% | 0.47x | 1.23x | CN¥-31.56 Million |
| 2020 | -22.14% | -33.37% | 0.47x | 1.40x | CN¥-766.65 Million |
| 2021 | 7.22% | 8.15% | 0.52x | 1.71x | CN¥-64.24 Million |
| 2022 | 10.52% | 11.12% | 0.61x | 1.56x | CN¥12.92 Million |
| 2023 | 11.09% | 11.85% | 0.65x | 1.43x | CN¥26.48 Million |
| 2024 | 13.01% | 12.63% | 0.66x | 1.56x | CN¥75.23 Million |
Industry Comparison
This section compares Zhejiang Jasan Holding Group Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,325,523,488
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jasan Holding Group Co Ltd (603558) | CN¥2.40 Billion | 28.67% | 0.65x | $248.60 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $1.69 Billion | 10.00% | 0.41x | $872.92 Million |
| Fujian Septwolves Industry Co Ltd (002029) | $4.34 Billion | 12.93% | 0.28x | $455.31 Million |
| Fujian SBS Zipper Science Tech (002098) | $907.36 Million | 22.11% | 1.44x | $193.92 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $4.05 Billion | 11.33% | 0.48x | $465.11 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $451.05 Million | 7.04% | 5.02x | $376.25 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $1.35 Billion | 5.95% | 0.28x | $265.95 Million |
| Cedar Development Co Ltd (002485) | $1.98 Billion | 0.38% | 0.24x | $115.45 Million |
| Huasi Agricultural Development Co Ltd (002494) | $126.35 Million | 16.94% | 0.98x | $193.25 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $7.76 Billion | 15.77% | 0.17x | $517.45 Million |
| Zhejiang Busen Garments Co Ltd (002569) | $613.00 Million | 6.55% | 0.44x | $191.63 Million |