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¥6.44 Billion CNY (≈ $942.76 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¥8.99 Billion ≈ $1.32 Billion USD) and total liabilities (CN¥2.55 Billion ≈ $373.38 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 603871 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.44 Billion |
| % of Total Assets | 71.63% |
| Annual Growth Rate | 32.78% |
| 5-Year Change | 110.71% |
| 10-Year Change | 1571.48% |
| Growth Volatility | 43.35 |
Jiayou International Logistics Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Jiayou International Logistics Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiayou International Logistics Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiayou International Logistics Co Ltd (2013–2025)
The table below shows the annual net assets of Jiayou International Logistics Co Ltd from 2013 to 2025. For live valuation and market cap data, see 603871 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.17 Billion ≈ $902.48 Million |
+7.44% |
| 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 2033.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.36 Billion | 55.78% |
| Other Components | CN¥2.66 Billion | 44.22% |
| Total Equity | CN¥6.02 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 |
|---|---|
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
$2.23 Billion |
|
Carl Zeiss Meditec AG
F:AFX
|
$2.23 Billion |
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
$2.23 Billion |
|
LCI Industries
NYSE:LCII
|
$2.23 Billion |
|
Boardwalk Real Estate Investment Trust
TO:BEI-UN
|
$2.23 Billion |
|
Teekay Tankers Ltd
NYSE:TNK
|
$2.23 Billion |
|
Greentown China Holdings Limited
F:G7C
|
$2.23 Billion |
|
TES Co. Ltd
KQ:095610
|
$2.23 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 2024 to 2025, total equity changed from 5,592,035,324 to 6,016,034,459, a change of 423,999,135 (7.6%).
- Net income of 1,141,076,437 contributed positively to equity growth.
- Dividend payments of 673,371,113 reduced retained earnings.
- Other comprehensive income decreased equity by 394,712,033.
- Other factors increased equity by 351,005,844.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.14 Billion | +18.97% |
| Dividends Paid | CN¥673.37 Million | -11.19% |
| Other Comprehensive Income | CN¥-394.71 Million | -6.56% |
| Other Changes | CN¥351.01 Million | +5.83% |
| Total Change | CN¥- | 7.58% |
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: 2.53x
- 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 15.93x to 2.53x 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¥0.70 | CN¥11.14 | x |
| 2014-12-31 | CN¥0.64 | CN¥11.14 | x |
| 2015-12-31 | CN¥0.36 | CN¥11.14 | x |
| 2016-12-31 | CN¥0.45 | CN¥11.14 | x |
| 2017-12-31 | CN¥0.70 | CN¥11.14 | x |
| 2018-12-31 | CN¥1.48 | CN¥11.14 | x |
| 2019-12-31 | CN¥1.70 | CN¥11.14 | x |
| 2020-12-31 | CN¥1.91 | CN¥11.14 | x |
| 2021-12-31 | CN¥2.37 | CN¥11.14 | x |
| 2022-12-31 | CN¥3.12 | CN¥11.14 | x |
| 2023-12-31 | CN¥3.55 | CN¥11.14 | x |
| 2024-12-31 | CN¥4.07 | CN¥11.14 | x |
| 2025-12-31 | CN¥4.40 | CN¥11.14 | 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): 18.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.62%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.34x
- Recent ROE (18.97%) is below the historical average (22.35%), 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 | 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 |
| 2025 | 18.97% | 13.62% | 1.04x | 1.34x | CN¥539.47 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: $5,502,173,851
- Average return on equity (ROE) among peers: 11.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiayou International Logistics Co Ltd (603871) | CN¥6.44 Billion | 15.10% | 0.40x | $2.23 Billion |
| Citic Offshore Helicopter Co Ltd (000099) | $1.99 Billion | 7.17% | 0.77x | $1.80 Billion |
| Guangdong Jushen Logistics Co Ltd (001202) | $738.66 Million | 8.42% | 0.74x | $345.64 Million |
| YUNDA Holding Co Ltd (002120) | $21.23 Billion | 5.52% | 0.75x | $2.67 Billion |
| S.F. Holding Co. Ltd (002352) | $20.56 Billion | 20.34% | 1.15x | $22.15 Billion |
| STO Express Co Ltd (002468) | $6.78 Billion | 21.96% | 0.30x | $2.97 Billion |
| Hubeiyichang Transportation Group Co Ltd (002627) | $2.20 Billion | 4.48% | 0.75x | $658.46 Million |
| Shenzhen Prolto Supply Chain Management Co Ltd (002769) | $304.99 Million | 16.71% | 41.46x | $398.79 Million |
| Xinjiang Tianshun Supply Chain Co Ltd (002800) | $217.30 Million | 14.59% | 0.71x | $322.61 Million |
| Shenzhen Easttop Supply Chain Management Co Ltd (002889) | $669.38 Million | 13.96% | 15.06x | $604.04 Million |
| Jiangsu Xinning Modern Logist (300013) | $343.87 Million | 2.63% | 0.25x | $335.81 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