Jiayou International Logistics Co Ltd (603871) - Net Assets
Based on the latest financial reports, Jiayou International Logistics Co Ltd (603871) has net assets worth CN¥5.92 Billion CNY (≈ $866.98 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¥8.00 Billion ≈ $1.17 Billion USD) and total liabilities (CN¥2.07 Billion ≈ $303.21 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 how resilient are Jiayou International Logistics Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.92 Billion |
| % of Total Assets | 74.09% |
| Annual Growth Rate | 35.36% |
| 5-Year Change | 156.8% |
| 10-Year Change | 1834.72% |
| Growth Volatility | 44.28 |
Jiayou International Logistics Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Jiayou International Logistics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 603871 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Jiayou International Logistics Co Ltd (2013–2024)
The table below shows the annual net assets of Jiayou International Logistics Co Ltd from 2013 to 2024. For live valuation and market cap data, see 603871 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.74 Billion ≈ $839.99 Million |
+14.48% |
| 2023-12-31 | CN¥5.01 Billion ≈ $733.75 Million |
+18.64% |
| 2022-12-31 | CN¥4.23 Billion ≈ $618.46 Million |
+44.40% |
| 2021-12-31 | CN¥2.93 Billion ≈ $428.31 Million |
+30.94% |
| 2020-12-31 | CN¥2.24 Billion ≈ $327.10 Million |
+15.50% |
| 2019-12-31 | CN¥1.94 Billion ≈ $283.20 Million |
+22.65% |
| 2018-12-31 | CN¥1.58 Billion ≈ $230.91 Million |
+174.50% |
| 2017-12-31 | CN¥574.87 Million ≈ $84.12 Million |
+55.80% |
| 2016-12-31 | CN¥368.97 Million ≈ $53.99 Million |
+24.36% |
| 2015-12-31 | CN¥296.70 Million ≈ $43.42 Million |
+13.14% |
| 2014-12-31 | CN¥262.24 Million ≈ $38.37 Million |
+27.72% |
| 2013-12-31 | CN¥205.32 Million ≈ $30.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiayou International Logistics 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 1758.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.92 Billion | 52.28% |
| Common Stock | CN¥977.15 Million | 17.47% |
| Other Comprehensive Income | CN¥394.71 Million | 7.06% |
| Other Components | CN¥1.30 Billion | 23.19% |
| Total Equity | CN¥5.59 Billion | 100.00% |
Jiayou International Logistics Co Ltd Competitors by Market Cap
The table below lists competitors of Jiayou International Logistics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JTC PLC LS-01
F:2N9
|
$2.55 Billion |
|
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
|
$2.55 Billion |
|
Data Patterns (India) Limited
NSE:DATAPATTNS
|
$2.55 Billion |
|
Beijing Qianjing Landscape Co
SHG:603778
|
$2.56 Billion |
|
Wanbangde Pharmaceutical Holding Group Co Ltd
SHE:002082
|
$2.55 Billion |
|
Micro-Star International Co Ltd
TW:2377
|
$2.55 Billion |
|
REN - Redes Energéticas Nacionais SGPS S.A
LS:RENE
|
$2.55 Billion |
|
Wankai New Materials Co. Ltd.
SHE:301216
|
$2.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiayou International Logistics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,875,705,420 to 5,592,035,324, a change of 716,329,904 (14.7%).
- Net income of 1,276,417,073 contributed positively to equity growth.
- Dividend payments of 642,162,073 reduced retained earnings.
- Share repurchases of 54,245,271 reduced equity.
- Other comprehensive income increased equity by 69,869,545.
- Other factors increased equity by 66,450,630.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.28 Billion | +22.83% |
| Dividends Paid | CN¥642.16 Million | -11.48% |
| Share Repurchases | CN¥54.25 Million | -0.97% |
| Other Comprehensive Income | CN¥69.87 Million | +1.25% |
| Other Changes | CN¥66.45 Million | +1.19% |
| Total Change | CN¥- | 14.69% |
Book Value vs Market Value Analysis
This analysis compares Jiayou International Logistics 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: 2.24x
- 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 13.28x to 2.24x 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¥0.96 | CN¥12.74 | x |
| 2014-12-31 | CN¥1.23 | CN¥12.74 | x |
| 2015-12-31 | CN¥0.71 | CN¥12.74 | x |
| 2016-12-31 | CN¥0.88 | CN¥12.74 | x |
| 2017-12-31 | CN¥1.91 | CN¥12.74 | x |
| 2018-12-31 | CN¥2.91 | CN¥12.74 | x |
| 2019-12-31 | CN¥3.34 | CN¥12.74 | x |
| 2020-12-31 | CN¥2.88 | CN¥12.74 | x |
| 2021-12-31 | CN¥4.51 | CN¥12.74 | x |
| 2022-12-31 | CN¥6.02 | CN¥12.74 | x |
| 2023-12-31 | CN¥4.98 | CN¥12.74 | x |
| 2024-12-31 | CN¥5.70 | CN¥12.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiayou International Logistics 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): 22.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.58%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.37x
- Recent ROE (22.83%) is above the historical average (22.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 15.10% | 14.62% | 0.57x | 1.80x | CN¥10.47 Million |
| 2014 | 21.71% | 9.59% | 1.18x | 1.92x | CN¥30.70 Million |
| 2015 | 34.53% | 16.35% | 1.48x | 1.43x | CN¥72.79 Million |
| 2016 | 39.67% | 15.23% | 1.33x | 1.95x | CN¥109.02 Million |
| 2017 | 35.95% | 6.36% | 3.63x | 1.56x | CN¥148.85 Million |
| 2018 | 17.12% | 6.58% | 1.92x | 1.36x | CN¥112.33 Million |
| 2019 | 18.40% | 8.23% | 1.74x | 1.28x | CN¥156.71 Million |
| 2020 | 16.64% | 10.98% | 0.96x | 1.57x | CN¥143.73 Million |
| 2021 | 12.00% | 8.82% | 0.85x | 1.59x | CN¥57.14 Million |
| 2022 | 16.37% | 14.10% | 0.90x | 1.29x | CN¥264.99 Million |
| 2023 | 21.31% | 14.85% | 1.08x | 1.33x | CN¥551.22 Million |
| 2024 | 22.83% | 14.58% | 1.15x | 1.37x | CN¥717.21 Million |
Industry Comparison
This section compares Jiayou International Logistics Co Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $4,267,695,415
- Average return on equity (ROE) among peers: 17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiayou International Logistics Co Ltd (603871) | CN¥5.92 Billion | 15.10% | 0.35x | $2.55 Billion |
| Citic Offshore Helicopter Co Ltd (000099) | $5.12 Billion | 3.79% | 0.26x | $2.01 Billion |
| Guangdong Jushen Logistics Co Ltd (001202) | $162.11 Million | 47.83% | 0.77x | $413.93 Million |
| YUNDA Holding Co Ltd (002120) | $612.21 Million | 13.82% | 0.33x | $3.33 Billion |
| S.F. Holding Co. Ltd (002352) | $32.73 Billion | 14.59% | 0.76x | $26.05 Billion |
| STO Express Co Ltd (002468) | $764.48 Million | 1.09% | 1.12x | $3.66 Billion |
| Hubeiyichang Transportation Group Co Ltd (002627) | $2.36 Billion | 2.05% | 0.88x | $794.18 Million |
| Shenzhen Prolto Supply Chain Management Co Ltd (002769) | $304.99 Million | 16.71% | 41.46x | $539.73 Million |
| Xinjiang Tianshun Supply Chain Co Ltd (002800) | $243.96 Million | 13.27% | 0.92x | $393.23 Million |
| Shenzhen Easttop Supply Chain Management Co Ltd (002889) | $278.97 Million | 42.39% | 39.04x | $725.62 Million |
| Jiangsu Xinning Modern Logist (300013) | $98.37 Million | 21.05% | 0.36x | $338.26 Million |
About Jiayou International Logistics Co Ltd
Jiayou International Logistics Co.,Ltd engages in the provision of cross-border multimodal integrated logistics services and supply chain trade services. The company offers cross-border multimodal integrated logistics services, supply chain trade services, and land port operation services. It operates in China-Mongolia, Central Africa, Central Asia, Central and South America, and internationally.… Read more