Jiangsu Luokai Mechanical & Electrical Co Ltd Class A Net Assets
Jiangsu Luokai Mechanical & Electrical Co Ltd Class A net assets. Based on the latest financial reports, Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (603829) has net assets worth CN¥1.61 Billion CNY (≈ $235.53 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¥3.03 Billion ≈ $443.64 Million USD) and total liabilities (CN¥1.42 Billion ≈ $208.11 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 Jiangsu Luokai Mechanical & Electrical C equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.61 Billion |
| % of Total Assets | 53.09% |
| Annual Growth Rate | 20.41% |
| 5-Year Change | 75.29% |
| 10-Year Change | 410.98% |
| Growth Volatility | 23.09 |
Net Assets of Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (2013–2025)
Net assets of Jiangsu Luokai Mechanical & Electrical Co Ltd Class A from 2013 to 2025. This chart illustrates how Jiangsu Luokai Mechanical & Electrical Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Jiangsu Luokai Mechanical & Electrical C to measure how much of total assets are equity-financed.
Annual Net Assets for Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (2013–2025)
The table below shows the annual net assets of Jiangsu Luokai Mechanical & Electrical Co Ltd Class A from 2013 to 2025. For live market cap and overall valuation, see Jiangsu Luokai Mechanical & Electrical C market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.61 Billion ≈ $235.66 Million |
+16.54% |
| 2024-12-31 | CN¥1.38 Billion ≈ $202.21 Million |
+17.51% |
| 2023-12-31 | CN¥1.18 Billion ≈ $172.07 Million |
+13.64% |
| 2022-12-31 | CN¥1.03 Billion ≈ $151.42 Million |
+12.63% |
| 2021-12-31 | CN¥918.75 Million ≈ $134.44 Million |
+13.05% |
| 2020-12-31 | CN¥812.68 Million ≈ $118.92 Million |
+18.48% |
| 2019-12-31 | CN¥685.95 Million ≈ $100.38 Million |
+4.48% |
| 2018-12-31 | CN¥656.56 Million ≈ $96.07 Million |
+7.22% |
| 2017-12-31 | CN¥612.36 Million ≈ $89.61 Million |
+94.30% |
| 2016-12-31 | CN¥315.17 Million ≈ $46.12 Million |
+12.10% |
| 2015-12-31 | CN¥281.15 Million ≈ $41.14 Million |
+37.27% |
| 2014-12-31 | CN¥204.81 Million ≈ $29.97 Million |
+18.09% |
| 2013-12-31 | CN¥173.43 Million ≈ $25.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Luokai Mechanical & Electrical Co Ltd Class A'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 737.5% over the analyzed period, indicating profitable operations and earnings retention.
Jiangsu Luokai Mechanical & Electrical Co Ltd Class A Net Assets Breakdown (December 2025)
Jiangsu Luokai Mechanical & Electrical Co Ltd Class A net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥537.33 Million | 36.05% |
| Other Components | CN¥953.11 Million | 63.95% |
| Total Equity | CN¥1.49 Billion | 100.00% |
Jiangsu Luokai Mechanical & Electrical Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Jiangsu Luokai Mechanical & Electrical Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elite Color Environmental Resources
SHE:002998
|
$353.58 Million |
|
Empresa Distribuidora y Comercializadora Norte S.A.
BA:EDN
|
$353.70 Million |
|
Hyliion Holdings Corp.
NYSE MKT:HYLN
|
$353.71 Million |
|
Hanil Cement Co Ltd
KO:003300
|
$353.74 Million |
|
Enjoyor
SHE:300020
|
$353.51 Million |
|
Vox Royalty Corp.
TO:VOXR
|
$353.41 Million |
|
HEBA Fastighets AB (publ)
ST:HEBA-B
|
$353.41 Million |
|
Acco Brands Corporation
NYSE:ACCO
|
$353.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Luokai Mechanical & Electrical Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,077,086,978 to 1,490,435,608, a change of 413,348,630 (38.4%).
- Net income of 79,706,471 contributed positively to equity growth.
- Dividend payments of 99,370,531 reduced retained earnings.
- Other comprehensive income decreased equity by 56,319,314.
- Other factors increased equity by 489,332,004.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.71 Million | +5.35% |
| Dividends Paid | CN¥99.37 Million | -6.67% |
| Other Comprehensive Income | CN¥-56.32 Million | -3.78% |
| Other Changes | CN¥489.33 Million | +32.83% |
| Total Change | CN¥- | 38.38% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Luokai Mechanical & Electrical Co Ltd Class A'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: 1.62x
- 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 7.53x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.72 | CN¥12.97 | x |
| 2014-12-31 | CN¥2.03 | CN¥12.97 | x |
| 2015-12-31 | CN¥2.46 | CN¥12.97 | x |
| 2016-12-31 | CN¥2.65 | CN¥12.97 | x |
| 2017-12-31 | CN¥4.78 | CN¥12.97 | x |
| 2018-12-31 | CN¥4.13 | CN¥12.97 | x |
| 2019-12-31 | CN¥4.25 | CN¥12.97 | x |
| 2020-12-31 | CN¥4.58 | CN¥12.97 | x |
| 2021-12-31 | CN¥4.89 | CN¥12.97 | x |
| 2022-12-31 | CN¥5.29 | CN¥12.97 | x |
| 2023-12-31 | CN¥5.88 | CN¥12.97 | x |
| 2024-12-31 | CN¥5.89 | CN¥12.97 | x |
| 2025-12-31 | CN¥8.00 | CN¥12.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Luokai Mechanical & Electrical Co Ltd Class A 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): 5.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.60%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.07x
- Recent ROE (5.35%) is below the historical average (11.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.90% | 8.53% | 1.10x | 2.22x | CN¥18.90 Million |
| 2014 | 20.20% | 9.69% | 0.88x | 2.36x | CN¥20.90 Million |
| 2015 | 15.45% | 10.01% | 0.79x | 1.96x | CN¥15.26 Million |
| 2016 | 16.61% | 11.79% | 0.80x | 1.76x | CN¥20.78 Million |
| 2017 | 8.79% | 11.04% | 0.56x | 1.42x | CN¥-7.36 Million |
| 2018 | 9.20% | 10.74% | 0.60x | 1.44x | CN¥-5.23 Million |
| 2019 | 7.06% | 7.86% | 0.61x | 1.48x | CN¥-20.09 Million |
| 2020 | 8.73% | 7.27% | 0.63x | 1.90x | CN¥-9.26 Million |
| 2021 | 9.41% | 5.71% | 0.68x | 2.42x | CN¥-4.62 Million |
| 2022 | 8.88% | 4.68% | 0.75x | 2.52x | CN¥-9.53 Million |
| 2023 | 11.57% | 5.55% | 0.80x | 2.61x | CN¥14.76 Million |
| 2024 | 11.71% | 5.92% | 0.64x | 3.11x | CN¥18.46 Million |
| 2025 | 5.35% | 3.60% | 0.72x | 2.07x | CN¥-69.34 Million |
Industry Comparison
This section compares Jiangsu Luokai Mechanical & Electrical Co Ltd Class A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,525,177,519
- Average return on equity (ROE) among peers: 7.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (603829) | CN¥1.61 Billion | 20.90% | 0.88x | $353.52 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $3.76 Billion |
| Guangdong Macro Co Ltd (000533) | $853.87 Million | 3.69% | 1.99x | $971.46 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $4.34 Billion | 8.70% | 0.29x | $933.93 Million |
| Dongfang Electronics Co Ltd (000682) | $1.38 Billion | 1.37% | 0.26x | $2.01 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.42 Billion | 8.15% | 0.96x | $603.09 Million |
| Huagong Tech Co Ltd (000988) | $2.89 Billion | 5.83% | 0.62x | $9.31 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $775.82 Million | 9.79% | 0.91x | $1.14 Billion |
| Sieyuan Electric Co Ltd (002028) | $662.13 Million | 22.60% | 1.20x | $13.04 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $165.38 Million | 6.52% | 0.32x | $426.33 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $6.61 Billion |
About Jiangsu Luokai Mechanical & Electrical Co Ltd Class A
Jiangsu Luokai Mechanical &Electrical Co., Ltd., together with its subsidiaries, researches, develops, produces, sells, and services various high and low voltage electrical distribution apparatus in the People's Republic of China and internationally. The company offers component products comprising low-voltage circuit breakers, vacuum circuit breakers, AC contractors, RMUs, C-GISs, accessories, a… Read more