Jinhua Chunguang Technology Co Ltd (603657) - Net Assets
Based on the latest financial reports, Jinhua Chunguang Technology Co Ltd (603657) has net assets worth CN¥850.41 Million CNY (≈ $124.44 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¥3.07 Billion ≈ $449.54 Million USD) and total liabilities (CN¥2.22 Billion ≈ $325.10 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. Also explore Jinhua Chunguang Technology Co Ltd (603657) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥850.41 Million |
| % of Total Assets | 27.68% |
| Annual Growth Rate | 16.45% |
| 5-Year Change | -9.7% |
| 10-Year Change | 258.6% |
| Growth Volatility | 41.62 |
Jinhua Chunguang Technology Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Jinhua Chunguang Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Jinhua Chunguang Technology Co Ltd (603657) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jinhua Chunguang Technology Co Ltd (2014–2025)
The table below shows the annual net assets of Jinhua Chunguang Technology Co Ltd from 2014 to 2025. For live valuation and market cap data, see market cap of Jinhua Chunguang Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥914.45 Million ≈ $133.81 Million |
-3.74% |
| 2024-12-31 | CN¥950.01 Million ≈ $139.02 Million |
-0.75% |
| 2023-12-31 | CN¥957.24 Million ≈ $140.07 Million |
-13.14% |
| 2022-12-31 | CN¥1.10 Billion ≈ $161.26 Million |
+8.82% |
| 2021-12-31 | CN¥1.01 Billion ≈ $148.19 Million |
+5.30% |
| 2020-12-31 | CN¥961.75 Million ≈ $140.73 Million |
+10.29% |
| 2019-12-31 | CN¥872.04 Million ≈ $127.61 Million |
+3.68% |
| 2018-12-31 | CN¥841.11 Million ≈ $123.08 Million |
+144.44% |
| 2017-12-31 | CN¥344.10 Million ≈ $50.35 Million |
+34.94% |
| 2016-12-31 | CN¥255.01 Million ≈ $37.32 Million |
+6.57% |
| 2015-12-31 | CN¥239.29 Million ≈ $35.02 Million |
+39.81% |
| 2014-12-31 | CN¥171.15 Million ≈ $25.05 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jinhua Chunguang Technology 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 157.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥351.12 Million | 37.93% |
| Other Components | CN¥574.50 Million | 62.07% |
| Total Equity | CN¥925.62 Million | 100.00% |
Jinhua Chunguang Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jinhua Chunguang Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Yiyi Hygiene Products Co Ltd
SHE:001206
|
$426.40 Million |
|
Nexus Real Estate Investment Trust
TO:NXR-UN
|
$426.52 Million |
|
Nantex Industry Co Ltd
TW:2108
|
$426.63 Million |
|
Dongrui Food Group Co Ltd
SHE:001201
|
$427.01 Million |
|
Guangdong Tecsun Science & Technology Co Ltd
SHE:002908
|
$426.14 Million |
|
AnShan Heavy Duty Mining Machinery Co Ltd
SHE:002667
|
$425.94 Million |
|
Yunnan Yuntou Ecology and Environment Technology Co Ltd
SHE:002200
|
$425.79 Million |
|
Summit Midstream Corporation
NYSE:SMC
|
$425.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinhua Chunguang Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 939,492,303 to 925,622,121, a change of -13,870,182 (-1.5%).
- Net loss of 10,458,040 reduced equity.
- Dividend payments of 17,176,087 reduced retained earnings.
- Other factors increased equity by 13,763,945.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-10.46 Million | -1.13% |
| Dividends Paid | CN¥17.18 Million | -1.86% |
| Other Changes | CN¥13.76 Million | +1.49% |
| Total Change | CN¥- | -1.48% |
Book Value vs Market Value Analysis
This analysis compares Jinhua Chunguang Technology 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: 3.15x
- 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 10.39x to 3.15x 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¥2.07 | CN¥21.55 | x |
| 2015-12-31 | CN¥11.37 | CN¥21.55 | x |
| 2016-12-31 | CN¥3.04 | CN¥21.55 | x |
| 2017-12-31 | CN¥3.42 | CN¥21.55 | x |
| 2018-12-31 | CN¥7.32 | CN¥21.55 | x |
| 2019-12-31 | CN¥6.46 | CN¥21.55 | x |
| 2020-12-31 | CN¥7.16 | CN¥21.55 | x |
| 2021-12-31 | CN¥7.42 | CN¥21.55 | x |
| 2022-12-31 | CN¥7.96 | CN¥21.55 | x |
| 2023-12-31 | CN¥6.89 | CN¥21.55 | x |
| 2024-12-31 | CN¥6.56 | CN¥21.55 | x |
| 2025-12-31 | CN¥6.85 | CN¥21.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinhua Chunguang Technology 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): -1.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.41%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 3.08x
- Recent ROE (-1.13%) is below the historical average (9.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 27.29% | 14.61% | 1.03x | 1.81x | CN¥30.00 Million |
| 2015 | 0.28% | 0.17% | 0.95x | 1.71x | CN¥-23.20 Million |
| 2016 | 0.29% | 0.20% | 0.95x | 1.52x | CN¥-24.75 Million |
| 2017 | 25.46% | 19.19% | 0.96x | 1.38x | CN¥53.21 Million |
| 2018 | 12.00% | 19.91% | 0.53x | 1.14x | CN¥16.86 Million |
| 2019 | 12.23% | 18.94% | 0.57x | 1.14x | CN¥19.40 Million |
| 2020 | 14.81% | 16.68% | 0.69x | 1.29x | CN¥46.27 Million |
| 2021 | 11.05% | 8.53% | 0.75x | 1.73x | CN¥10.53 Million |
| 2022 | 9.17% | 5.12% | 0.88x | 2.03x | CN¥-8.91 Million |
| 2023 | 2.61% | 1.37% | 0.93x | 2.05x | CN¥-70.73 Million |
| 2024 | 1.52% | 0.67% | 0.90x | 2.51x | CN¥-79.63 Million |
| 2025 | -1.13% | -0.41% | 0.90x | 3.08x | CN¥-103.02 Million |
Industry Comparison
This section compares Jinhua Chunguang Technology Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,747,342,413
- Average return on equity (ROE) among peers: 12.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinhua Chunguang Technology Co Ltd (603657) | CN¥850.41 Million | 27.29% | 2.61x | $426.31 Million |
| Konka Group Co Ltd (000016) | $4.11 Billion | 3.68% | 2.30x | $595.76 Million |
| Tianma Microelectronics Co Ltd (000050) | $194.44 Million | 23.77% | 1.14x | $2.31 Billion |
| Guangdong Goworld Co Ltd (000823) | $3.34 Billion | 5.61% | 0.41x | $1.10 Billion |
| Soyea Technology Co Ltd (000909) | $200.54 Million | 24.39% | 2.21x | $279.26 Million |
| Guoguang Electric Co Ltd (002045) | $1.99 Billion | 2.02% | 1.43x | $688.10 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $4.95 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $822.15 Million | 0.77% | 0.63x | $221.20 Million |
| Goertek Inc (002241) | $9.50 Billion | 13.17% | 1.03x | $12.01 Billion |
| Edifier Technology Co Ltd (002351) | $2.07 Billion | 13.34% | 0.26x | $1.35 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $514.26 Million | 26.08% | 3.23x | $323.79 Million |
About Jinhua Chunguang Technology Co Ltd
Jinhua Chunguang Technology Co.,Ltd engages in the research and development, production, and sales of cleaning appliance hoses accessories and complete machine ODM/OEM products in China and internationally. The company offers central vacuum cleaner, hanging irons, dishwashers, steel wire/spiral, extrusion, stretch, blow mold, and wet vacuum hoses, as well as vacuum cleaner accessories. It also pr… Read more