Junhe Pumps Holding Co Ltd (603617) - Net Assets
Based on the latest financial reports, Junhe Pumps Holding Co Ltd (603617) has net assets worth CN¥1.56 Billion CNY (≈ $228.37 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¥2.42 Billion ≈ $353.95 Million USD) and total liabilities (CN¥858.20 Million ≈ $125.58 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 how tangible is Junhe Pumps Holding Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.56 Billion |
| % of Total Assets | 64.52% |
| Annual Growth Rate | 18.35% |
| 5-Year Change | 21.14% |
| 10-Year Change | 549.11% |
| Growth Volatility | 30.59 |
Junhe Pumps Holding Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Junhe Pumps Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603617 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Junhe Pumps Holding Co Ltd (2012–2025)
The table below shows the annual net assets of Junhe Pumps Holding Co Ltd from 2012 to 2025. For live valuation and market cap data, see 603617 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.54 Billion ≈ $225.69 Million |
+2.92% |
| 2024-12-31 | CN¥1.50 Billion ≈ $219.29 Million |
+6.57% |
| 2023-12-31 | CN¥1.41 Billion ≈ $205.76 Million |
+7.57% |
| 2022-12-31 | CN¥1.31 Billion ≈ $191.28 Million |
+2.67% |
| 2021-12-31 | CN¥1.27 Billion ≈ $186.30 Million |
+76.73% |
| 2020-12-31 | CN¥720.37 Million ≈ $105.41 Million |
+21.76% |
| 2019-12-31 | CN¥591.64 Million ≈ $86.58 Million |
+12.76% |
| 2018-12-31 | CN¥524.69 Million ≈ $76.78 Million |
+11.69% |
| 2017-12-31 | CN¥469.79 Million ≈ $68.74 Million |
+97.72% |
| 2016-12-31 | CN¥237.60 Million ≈ $34.77 Million |
+30.24% |
| 2015-12-31 | CN¥182.43 Million ≈ $26.70 Million |
+9.22% |
| 2014-12-31 | CN¥167.03 Million ≈ $24.44 Million |
+22.27% |
| 2013-12-31 | CN¥136.61 Million ≈ $19.99 Million |
-20.81% |
| 2012-12-31 | CN¥172.52 Million ≈ $25.24 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 1647.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥444.03 Million | 28.84% |
| Other Components | CN¥1.10 Billion | 71.16% |
| Total Equity | CN¥1.54 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 |
|---|---|
|
Xerox Corp
NASDAQ:XRX
|
$421.11 Million |
|
St Barbara Limited
F:BM1
|
$421.20 Million |
|
Nexus Real Estate Investment Trust
TO:NXR-UN
|
$421.30 Million |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
$421.31 Million |
|
Attica Holdings S.A.
AT:ATTICA
|
$420.67 Million |
|
Benitec Biopharma Ltd ADR
NASDAQ:BNTC
|
$420.65 Million |
|
Vaibhav Global Limited
NSE:VAIBHAVGBL
|
$420.58 Million |
|
CN EVERBRIGHT WATER HD 1
F:BIU2
|
$420.55 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 2024 to 2025, total equity changed from 1,495,248,829 to 1,539,577,749, a change of 44,328,920 (3.0%).
- Net income of 50,500,156 contributed positively to equity growth.
- Dividend payments of 36,188,970 reduced retained earnings.
- Other factors increased equity by 30,017,735.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥50.50 Million | +3.28% |
| Dividends Paid | CN¥36.19 Million | -2.35% |
| Other Changes | CN¥30.02 Million | +1.95% |
| Total Change | CN¥- | 2.96% |
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: 1.87x
- 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 13.14x to 1.87x 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¥0.56 | CN¥7.38 | x |
| 2013-12-31 | CN¥0.64 | CN¥7.38 | x |
| 2014-12-31 | CN¥0.88 | CN¥7.38 | x |
| 2015-12-31 | CN¥0.94 | CN¥7.38 | x |
| 2016-12-31 | CN¥1.16 | CN¥7.38 | x |
| 2017-12-31 | CN¥2.01 | CN¥7.38 | x |
| 2018-12-31 | CN¥1.91 | CN¥7.38 | x |
| 2019-12-31 | CN¥2.14 | CN¥7.38 | x |
| 2020-12-31 | CN¥2.43 | CN¥7.38 | x |
| 2021-12-31 | CN¥4.00 | CN¥7.38 | x |
| 2022-12-31 | CN¥3.63 | CN¥7.38 | x |
| 2023-12-31 | CN¥3.84 | CN¥7.38 | x |
| 2024-12-31 | CN¥3.95 | CN¥7.38 | x |
| 2025-12-31 | CN¥3.94 | CN¥7.38 | 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): 3.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.50%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.53x
- Recent ROE (3.28%) is below the historical average (11.83%), 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 |
| 2025 | 3.28% | 4.50% | 0.48x | 1.53x | CN¥-103.46 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: $1,143,225,423
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Junhe Pumps Holding Co Ltd (603617) | CN¥1.56 Billion | 13.62% | 0.55x | $420.97 Million |
| Bosun Tools Co Ltd (002282) | $801.62 Million | 1.56% | 0.28x | $453.31 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $3.34 Billion | 7.37% | 0.12x | $555.92 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.27 Billion | 2.79% | 0.26x | $389.32 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $2.66 Billion | 10.32% | 0.21x | $5.48 Billion |
| Geron Co Ltd (002722) | $187.41 Million | 10.60% | 1.11x | $394.06 Million |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $697.54 Million | 6.89% | 0.40x | $1.94 Billion |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $1.18 Billion | 18.27% | 0.42x | $698.57 Million |
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | $316.99 Million | 24.09% | 0.77x | $718.84 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $610.40 Million | 8.30% | 0.14x | $751.85 Million |
| Wafangdian Bearing Co Ltd (200706) | $371.31 Million | -26.79% | 7.57x | $143.90 Million |
About 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