Jiajiayue Group Co Ltd Net Assets
Jiajiayue Group Co Ltd net assets. Based on the latest financial reports, Jiajiayue Group Co Ltd (603708) has net assets worth CN¥2.44 Billion CNY (≈ $356.52 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.99 Billion ≈ $1.75 Billion USD) and total liabilities (CN¥9.56 Billion ≈ $1.40 Billion 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 how fast is Jiajiayue Group Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.44 Billion |
| % of Total Assets | 20.32% |
| Annual Growth Rate | 12.32% |
| 5-Year Change | 3.43% |
| 10-Year Change | 0.5% |
| Growth Volatility | 36.62 |
Net Assets of Jiajiayue Group Co Ltd (2011–2025)
Net assets of Jiajiayue Group Co Ltd from 2011 to 2025. This chart illustrates how Jiajiayue Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Jiajiayue Group Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Jiajiayue Group Co Ltd (2011–2025)
The table below shows the annual net assets of Jiajiayue Group Co Ltd from 2011 to 2025. For live market cap and overall valuation, see 603708 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.34 Billion ≈ $342.89 Million |
-2.62% |
| 2024-12-31 | CN¥2.41 Billion ≈ $352.10 Million |
-5.54% |
| 2023-12-31 | CN¥2.55 Billion ≈ $372.75 Million |
+23.90% |
| 2022-12-31 | CN¥2.06 Billion ≈ $300.86 Million |
-9.25% |
| 2021-12-31 | CN¥2.27 Billion ≈ $331.52 Million |
-29.70% |
| 2020-12-31 | CN¥3.22 Billion ≈ $471.60 Million |
+4.96% |
| 2019-12-31 | CN¥3.07 Billion ≈ $449.31 Million |
+9.37% |
| 2018-12-31 | CN¥2.81 Billion ≈ $410.83 Million |
+13.10% |
| 2017-12-31 | CN¥2.48 Billion ≈ $363.25 Million |
+6.46% |
| 2016-12-31 | CN¥2.33 Billion ≈ $341.20 Million |
+132.78% |
| 2015-12-31 | CN¥1.00 Billion ≈ $146.57 Million |
+8.03% |
| 2014-12-31 | CN¥927.23 Million ≈ $135.68 Million |
+8.10% |
| 2013-12-31 | CN¥857.72 Million ≈ $125.51 Million |
+25.31% |
| 2012-12-31 | CN¥684.50 Million ≈ $100.16 Million |
+48.64% |
| 2011-12-31 | CN¥460.50 Million ≈ $67.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiajiayue 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 121.7% over the analyzed period, indicating profitable operations and earnings retention.
Jiajiayue Group Co Ltd Net Assets Breakdown (December 2025)
Jiajiayue Group Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥400.63 Million | 17.08% |
| Other Components | CN¥1.95 Billion | 82.92% |
| Total Equity | CN¥2.35 Billion | 100.00% |
Jiajiayue Group Co Ltd Competitors by Market Cap
The table below lists competitors of Jiajiayue Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aktia Bank Abp
HE:AKTIA
|
$891.71 Million |
|
Jiangxi Guotai Civilian
SHG:603977
|
$891.80 Million |
|
NGERN TID LOR-NVDR- BA37
F:70V0
|
$891.95 Million |
|
Wanbangde Pharmaceutical Holding Group Co Ltd
SHE:002082
|
$892.41 Million |
|
Irish Continental Group PLC
IR:IR5B
|
$890.98 Million |
|
Isras Investment Company Ltd
TA:ISRS
|
$890.71 Million |
|
Sparebanken Sor
OL:SOR
|
$890.43 Million |
|
BeiJing Certificate Authority Co Ltd
SHE:300579
|
$890.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiajiayue Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,396,672,503 to 2,346,205,849, a change of -50,466,654 (-2.1%).
- Net income of 200,687,754 contributed positively to equity growth.
- Dividend payments of 164,227,546 reduced retained earnings.
- Other comprehensive income decreased equity by 336,823,943.
- Other factors increased equity by 249,897,081.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥200.69 Million | +8.55% |
| Dividends Paid | CN¥164.23 Million | -7.0% |
| Other Comprehensive Income | CN¥-336.82 Million | -14.36% |
| Other Changes | CN¥249.90 Million | +10.65% |
| Total Change | CN¥- | -2.11% |
Book Value vs Market Value Analysis
This analysis compares Jiajiayue 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: 2.60x
- 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 13.87x to 2.60x 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¥0.69 | CN¥9.54 | x |
| 2012-12-31 | CN¥1.05 | CN¥9.54 | x |
| 2013-12-31 | CN¥1.77 | CN¥9.54 | x |
| 2014-12-31 | CN¥2.02 | CN¥9.54 | x |
| 2015-12-31 | CN¥2.20 | CN¥9.54 | x |
| 2016-12-31 | CN¥5.14 | CN¥9.54 | x |
| 2017-12-31 | CN¥4.05 | CN¥9.54 | x |
| 2018-12-31 | CN¥4.49 | CN¥9.54 | x |
| 2019-12-31 | CN¥4.46 | CN¥9.54 | x |
| 2020-12-31 | CN¥4.95 | CN¥9.54 | x |
| 2021-12-31 | CN¥3.61 | CN¥9.54 | x |
| 2022-12-31 | CN¥3.41 | CN¥9.54 | x |
| 2023-12-31 | CN¥4.10 | CN¥9.54 | x |
| 2024-12-31 | CN¥3.81 | CN¥9.54 | x |
| 2025-12-31 | CN¥3.68 | CN¥9.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiajiayue 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): 8.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.12%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 5.61x
- Recent ROE (8.55%) is below the historical average (15.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 37.30% | 2.30% | 1.78x | 9.09x | CN¥114.25 Million |
| 2012 | 38.41% | 3.13% | 2.20x | 5.58x | CN¥181.54 Million |
| 2013 | 27.11% | 2.43% | 2.17x | 5.12x | CN¥138.25 Million |
| 2014 | 24.61% | 2.32% | 2.26x | 4.70x | CN¥135.23 Million |
| 2015 | 24.72% | 2.36% | 2.33x | 4.50x | CN¥147.23 Million |
| 2016 | 10.78% | 2.33% | 1.79x | 2.58x | CN¥18.21 Million |
| 2017 | 12.54% | 2.74% | 1.81x | 2.53x | CN¥62.87 Million |
| 2018 | 15.80% | 3.38% | 1.78x | 2.63x | CN¥157.74 Million |
| 2019 | 15.68% | 3.00% | 1.79x | 2.92x | CN¥165.81 Million |
| 2020 | 14.14% | 2.56% | 1.70x | 3.24x | CN¥125.12 Million |
| 2021 | -13.58% | -1.68% | 1.19x | 6.81x | CN¥-509.34 Million |
| 2022 | 2.93% | 0.33% | 1.26x | 7.01x | CN¥-144.96 Million |
| 2023 | 5.37% | 0.77% | 1.24x | 5.62x | CN¥-117.59 Million |
| 2024 | 5.51% | 0.72% | 1.36x | 5.60x | CN¥-107.72 Million |
| 2025 | 8.55% | 1.12% | 1.37x | 5.61x | CN¥-33.93 Million |
Industry Comparison
This section compares Jiajiayue Group Co Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,200,837,713
- Average return on equity (ROE) among peers: 13.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiajiayue Group Co Ltd (603708) | CN¥2.44 Billion | 37.30% | 3.92x | $891.12 Million |
| Hefei Department Store Group Co Ltd (000417) | $602.41 Million | 8.28% | 0.62x | $660.76 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $1.97 Billion | 5.20% | 0.95x | $388.97 Million |
| Wushang Group Co Ltd (000501) | $3.76 Billion | 17.52% | 3.16x | $775.32 Million |
| CCOOP Group Co Ltd (000564) | $803.33 Million | 7.39% | 2.46x | $3.54 Billion |
| Dalian Friendship Group Co Ltd (000679) | $828.38 Million | 3.72% | 4.67x | $308.22 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $140.23 Million | 37.50% | 1.72x | $412.81 Million |
| Easyhome New Retail Group Co Ltd (000785) | $624.30 Million | 1.83% | 1.96x | $1.93 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $490.08 Million | 2.34% | 2.30x | $556.78 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $2.61 Billion | 6.67% | 0.63x | $585.63 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $175.99 Million | 42.02% | 3.35x | $1.33 Billion |
About Jiajiayue Group Co Ltd
Jiajiayue Group Co., Ltd. engages in the operation of supermarkets chains in the People's Republic of China. It operates in community fresh food, hypermarkets, lifestyle, township, shopping mall, department, snack and discount, mother and baby, laundry, and rural store formats. The company also engages in supply chain development and food processing business. The company was founded in 1981 and i… Read more