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. Check 603657 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see Jinhua Chunguang Technology Co Ltd (603657) market capitalisation.
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. Also explore 603657 net asset momentum to track the company's year-over-year net asset growth rate.
| 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 |
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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 |
|---|---|
|
Raymond Limited
NSE:RAYMOND
|
$703.89 Million |
|
Amsterdam Commodities NV
AS:ACOMO
|
$703.97 Million |
|
Ceigall India
NSE:CEIGALL
|
$704.13 Million |
|
Norva24 Group AB
ST:NORVA
|
$704.30 Million |
|
Criteo S.A
F:CI5A
|
$703.42 Million |
|
Zhengping Road&Bridge Constr
SHG:603843
|
$703.33 Million |
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
$703.25 Million |
|
Gansu Golden Glass Technologies Co Ltd
SHE:300093
|
$702.95 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: 5.20x
- 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 17.16x to 5.20x 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¥35.58 | x |
| 2015-12-31 | CN¥11.37 | CN¥35.58 | x |
| 2016-12-31 | CN¥3.04 | CN¥35.58 | x |
| 2017-12-31 | CN¥3.42 | CN¥35.58 | x |
| 2018-12-31 | CN¥7.32 | CN¥35.58 | x |
| 2019-12-31 | CN¥6.46 | CN¥35.58 | x |
| 2020-12-31 | CN¥7.16 | CN¥35.58 | x |
| 2021-12-31 | CN¥7.42 | CN¥35.58 | x |
| 2022-12-31 | CN¥7.96 | CN¥35.58 | x |
| 2023-12-31 | CN¥6.89 | CN¥35.58 | x |
| 2024-12-31 | CN¥6.56 | CN¥35.58 | x |
| 2025-12-31 | CN¥6.85 | CN¥35.58 | 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: $4,345,261,986
- Average return on equity (ROE) among peers: 3.96%
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 | $703.86 Million |
| Konka Group Co Ltd (000016) | $3.08 Billion | -40.87% | 3.63x | $574.73 Million |
| Tianma Microelectronics Co Ltd (000050) | $29.17 Billion | -2.29% | 1.78x | $2.36 Billion |
| Guangdong Goworld Co Ltd (000823) | $3.50 Billion | 5.48% | 0.46x | $2.04 Billion |
| Soyea Technology Co Ltd (000909) | $887.22 Million | 3.18% | 3.95x | $356.13 Million |
| Guoguang Electric Co Ltd (002045) | $185.28 Million | 26.33% | 1.12x | $744.90 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $2.69 Billion | -8.20% | 0.57x | $4.83 Billion |
| Goertek Inc (002241) | $936.88 Million | 10.66% | 0.93x | $12.13 Billion |
| Edifier Technology Co Ltd (002351) | $2.07 Billion | 13.34% | 0.26x | $1.30 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $578.66 Million | 11.38% | 2.62x | $362.31 Million |
| Guangdong Chant Group Inc (002616) | $355.77 Million | 20.60% | 1.54x | $611.05 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