Junhe Pumps Holding Co Ltd
Junhe Pumps Holding Co.,Ltd produces and sells household water pumps in China. The company offers submersible clean, dirty, barrel, and multistage pump; garden jets, booster pressure system jet pumps, and automatic and cast-iron jet pumps; and Li-battery, deep well, fountain, and pool pumps, as well as pump accessories. It offers its products to house/garden, agriculture/irrigation, swimming pool… Read more
Junhe Pumps Holding Co Ltd (603617) - Net Assets
Latest net assets as of September 2025: CN¥1.51 Billion CNY
Based on the latest financial reports, Junhe Pumps Holding Co Ltd (603617) has net assets worth CN¥1.51 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¥2.28 Billion) and total liabilities (CN¥771.78 Million). 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¥1.51 Billion |
| % of Total Assets | 66.12% |
| Annual Growth Rate | 19.74% |
| 5-Year Change | 108.03% |
| 10-Year Change | 721.45% |
| Growth Volatility | 31.34 |
Junhe Pumps Holding Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Junhe Pumps Holding 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 Junhe Pumps Holding Co Ltd (2012–2024)
The table below shows the annual net assets of Junhe Pumps Holding Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion | +6.57% |
| 2023-12-31 | CN¥1.41 Billion | +7.57% |
| 2022-12-31 | CN¥1.31 Billion | +2.67% |
| 2021-12-31 | CN¥1.27 Billion | +76.73% |
| 2020-12-31 | CN¥720.37 Million | +21.76% |
| 2019-12-31 | CN¥591.64 Million | +12.76% |
| 2018-12-31 | CN¥524.69 Million | +11.69% |
| 2017-12-31 | CN¥469.79 Million | +97.72% |
| 2016-12-31 | CN¥237.60 Million | +30.24% |
| 2015-12-31 | CN¥182.43 Million | +9.22% |
| 2014-12-31 | CN¥167.03 Million | +22.27% |
| 2013-12-31 | CN¥136.61 Million | -20.81% |
| 2012-12-31 | CN¥172.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Junhe Pumps Holding 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 1577.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥426.11 Million | 28.50% |
| Common Stock | CN¥390.68 Million | 26.13% |
| Other Components | CN¥678.46 Million | 45.37% |
| Total Equity | CN¥1.50 Billion | 100.00% |
Junhe Pumps Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Junhe Pumps Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Kaierda Welding Robot Co Ltd
SHG:688255
|
$219.11 Million |
|
Ningbo Lehui International Engineering Equipment Co Ltd Class A
SHG:603076
|
$219.13 Million |
|
Prenetics Global Ltd
NASDAQ:PRE
|
$219.13 Million |
|
Jiangyin Pivot Automotive Products Co. Ltd.
SHE:301181
|
$219.14 Million |
|
Guangdong Deerma Technology Co. Ltd. A
SHE:301332
|
$219.08 Million |
|
Nam Viet Corp
VN:ANV
|
$219.01 Million |
|
Qingdao Huijintong Power
SHG:603577
|
$218.98 Million |
|
PAKUWON JATI RP 25
F:P04
|
$218.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Junhe Pumps Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,406,151,094 to 1,495,248,829, a change of 89,097,735 (6.3%).
- Net income of 79,448,094 contributed positively to equity growth.
- Dividend payments of 25,850,135 reduced retained earnings.
- Share repurchases of 2,607,600 reduced equity.
- Other comprehensive income decreased equity by 1,745,354.
- Other factors increased equity by 39,852,730.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.45 Million | +5.31% |
| Dividends Paid | CN¥25.85 Million | -1.73% |
| Share Repurchases | CN¥2.61 Million | -0.17% |
| Other Comprehensive Income | CN¥-1.75 Million | -0.12% |
| Other Changes | CN¥39.85 Million | +2.67% |
| Total Change | CN¥- | 6.34% |
Book Value vs Market Value Analysis
This analysis compares Junhe Pumps Holding 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: 1.94x
- 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 9.26x to 1.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.83 | CN¥7.68 | x |
| 2013-12-31 | CN¥0.70 | CN¥7.68 | x |
| 2014-12-31 | CN¥0.88 | CN¥7.68 | x |
| 2015-12-31 | CN¥0.94 | CN¥7.68 | x |
| 2016-12-31 | CN¥1.16 | CN¥7.68 | x |
| 2017-12-31 | CN¥2.01 | CN¥7.68 | x |
| 2018-12-31 | CN¥1.91 | CN¥7.68 | x |
| 2019-12-31 | CN¥2.14 | CN¥7.68 | x |
| 2020-12-31 | CN¥2.43 | CN¥7.68 | x |
| 2021-12-31 | CN¥4.33 | CN¥7.68 | x |
| 2022-12-31 | CN¥3.63 | CN¥7.68 | x |
| 2023-12-31 | CN¥3.84 | CN¥7.68 | x |
| 2024-12-31 | CN¥3.95 | CN¥7.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Junhe Pumps Holding 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): 5.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.15%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.60x
- Recent ROE (5.31%) is below the historical average (12.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 13.62% | 8.01% | 1.04x | 1.63x | CN¥6.24 Million |
| 2013 | 18.12% | 6.33% | 1.10x | 2.60x | CN¥11.10 Million |
| 2014 | 18.21% | 7.04% | 0.99x | 2.61x | CN¥13.72 Million |
| 2015 | 18.52% | 7.76% | 1.00x | 2.39x | CN¥15.55 Million |
| 2016 | 23.22% | 11.19% | 1.07x | 1.94x | CN¥31.41 Million |
| 2017 | 11.98% | 9.74% | 0.78x | 1.57x | CN¥9.30 Million |
| 2018 | 13.11% | 10.79% | 0.75x | 1.61x | CN¥16.32 Million |
| 2019 | 12.68% | 11.16% | 0.74x | 1.54x | CN¥15.88 Million |
| 2020 | 13.51% | 13.18% | 0.55x | 1.87x | CN¥25.27 Million |
| 2021 | 7.26% | 9.47% | 0.46x | 1.66x | CN¥-34.95 Million |
| 2022 | 4.13% | 7.14% | 0.30x | 1.92x | CN¥-76.38 Million |
| 2023 | 2.60% | 5.10% | 0.34x | 1.50x | CN¥-104.00 Million |
| 2024 | 5.31% | 7.15% | 0.46x | 1.60x | CN¥-70.08 Million |
Industry Comparison
This section compares Junhe Pumps Holding Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,489,765,120
- Average return on equity (ROE) among peers: 1.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Junhe Pumps Holding Co Ltd (603617) | CN¥1.51 Billion | 13.62% | 0.51x | $219.09 Million |
| Shandong Tengda Fasten Tech (001379) | $566.40 Million | 23.82% | 1.83x | $190.73 Million |
| Bosun Tools Co Ltd (002282) | $2.24 Billion | 3.22% | 0.22x | $214.50 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $1.24 Billion | 4.97% | 0.07x | $402.89 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.26 Billion | 7.26% | 0.27x | $327.01 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $5.74 Billion | 10.83% | 0.24x | $2.87 Billion |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $654.96 Million | 4.18% | 0.36x | $898.16 Million |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $532.49 Million | 21.79% | 0.53x | $425.67 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $371.05 Million | 15.74% | 0.48x | $449.82 Million |
| Wafangdian Bearing Co Ltd (200706) | $814.00 Million | -46.71% | 2.85x | $24.70 Million |
| Beijing Dinghan Tech Co (300011) | $1.48 Billion | -31.84% | 1.24x | $436.80 Million |