Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (603829) - Net Assets

Latest as of September 2025: CN¥1.23 Billion CNY ≈ $180.70 Million USD

Based on the latest financial reports, Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (603829) has net assets worth CN¥1.23 Billion CNY (≈ $180.70 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.12 Billion ≈ $456.13 Million USD) and total liabilities (CN¥1.88 Billion ≈ $275.43 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 603829 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.23 Billion
% of Total Assets	39.62%
Annual Growth Rate	20.76%
5-Year Change	70.04%
10-Year Change	391.52%
Growth Volatility	24.06

Jiangsu Luokai Mechanical & Electrical Co Ltd Class A - Net Assets Trend (2013–2024)

This chart illustrates how Jiangsu Luokai Mechanical & Electrical Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Jiangsu Luokai Mechanical & Electrical C for the complete picture of this company's asset base.

Annual Net Assets for Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (2013–2024)

The table below shows the annual net assets of Jiangsu Luokai Mechanical & Electrical Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see 603829 company net worth.

Year	Net Assets	Change
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	--

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 676.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥498.37 Million	46.27%
Common Stock	CN¥160.00 Million	14.85%
Other Comprehensive Income	CN¥56.32 Million	5.23%
Other Components	CN¥362.39 Million	33.65%
Total Equity	CN¥1.08 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
China Shineway Pharmaceutical Group Limited F:C1S	$785.62 Million
Whitestone REIT NYSE:WSR	$785.80 Million
Boozt AB ST:BOOZT	$785.83 Million
Link Mobility Group Holding ASA OL:LINK	$786.26 Million
Topscore Fashion SHG:603608	$785.53 Million
Zhejiang Huakang Pharmaceutical Co Ltd SHG:605077	$785.36 Million
National Grid PLC LSE:NG	$785.23 Million
Paul Hartmann AG F:PHH2	$784.93 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 2023 to 2024, total equity changed from 941,842,922 to 1,077,086,978, a change of 135,244,056 (14.4%).
Net income of 126,173,589 contributed positively to equity growth.
Dividend payments of 26,717,782 reduced retained earnings.
Other comprehensive income increased equity by 14,700,095.
Other factors increased equity by 21,088,154.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥126.17 Million	+11.71%
Dividends Paid	CN¥26.72 Million	-2.48%
Other Comprehensive Income	CN¥14.70 Million	+1.36%
Other Changes	CN¥21.09 Million	+1.96%
Total Change	CN¥-	14.36%

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: 4.89x
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 16.73x to 4.89x 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¥28.82	x
2014-12-31	CN¥2.03	CN¥28.82	x
2015-12-31	CN¥2.46	CN¥28.82	x
2016-12-31	CN¥2.65	CN¥28.82	x
2017-12-31	CN¥4.78	CN¥28.82	x
2018-12-31	CN¥4.13	CN¥28.82	x
2019-12-31	CN¥4.27	CN¥28.82	x
2020-12-31	CN¥4.57	CN¥28.82	x
2021-12-31	CN¥4.93	CN¥28.82	x
2022-12-31	CN¥5.31	CN¥28.82	x
2023-12-31	CN¥5.88	CN¥28.82	x
2024-12-31	CN¥5.89	CN¥28.82	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): 11.71%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.92%
• Asset Turnover: 0.64x
• Equity Multiplier: 3.11x
Recent ROE (11.71%) is below the historical average (12.72%), 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%	5.79%	0.67x	2.42x	CN¥-4.62 Million
2022	13.05%	6.88%	0.75x	2.52x	CN¥25.91 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

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: $2,542,980,118
Average return on equity (ROE) among peers: 6.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jiangsu Luokai Mechanical & Electrical Co Ltd Class A (603829)	CN¥1.23 Billion	20.90%	1.52x	$785.54 Million
XJ Electric Co Ltd (000400)	$1.49 Billion	11.47%	0.73x	$3.86 Billion
Guangdong Macro Co Ltd (000533)	$598.74 Million	0.58%	4.38x	$1.35 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.84 Billion	10.28%	0.11x	$1.03 Billion
Dongfang Electronics Co Ltd (000682)	$1.27 Billion	0.84%	0.19x	$2.58 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.05 Billion	-0.83%	4.35x	$864.19 Million
Huagong Tech Co Ltd (000988)	$7.43 Billion	10.24%	0.87x	$18.42 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.48 Billion	7.41%	1.41x	$1.82 Billion
Sieyuan Electric Co Ltd (002028)	$8.60 Billion	13.93%	0.62x	$23.55 Billion
Shanghai Welltech Automation Co Ltd (002058)	$175.70 Million	4.41%	0.38x	$525.19 Million
Gotion High tech Co Ltd (002074)	$497.13 Million	7.34%	0.88x	$10.24 Billion

About Jiangsu Luokai Mechanical & Electrical Co Ltd Class A

SHG:603829 China Electrical Equipment & Parts

Market Cap

$785.54 Million

CN¥5.37 Billion CNY

Market Cap Rank

#10299 Global

#2969 in China

Share Price

CN¥28.82

Change (1 day)

+0.59%

52-Week Range

CN¥15.41 - CN¥33.16

All Time High

CN¥33.16