Jiangsu Dingsheng New Material Joint-Stock Co Ltd (603876) - Net Assets
Based on the latest financial reports, Jiangsu Dingsheng New Material Joint-Stock Co Ltd (603876) has net assets worth CN¥7.65 Billion CNY (≈ $1.12 Billion 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¥25.69 Billion ≈ $3.76 Billion USD) and total liabilities (CN¥18.04 Billion ≈ $2.64 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. Check 603876 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.65 Billion |
| % of Total Assets | 29.77% |
| Annual Growth Rate | 16.98% |
| 5-Year Change | 52.79% |
| 10-Year Change | 251.07% |
| Growth Volatility | 13.98 |
Jiangsu Dingsheng New Material Joint-Stock Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Jiangsu Dingsheng New Material Joint-Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Jiangsu Dingsheng New Material Joint-Sto market cap and net worth.
Annual Net Assets for Jiangsu Dingsheng New Material Joint-Stock Co Ltd (2014–2025)
The table below shows the annual net assets of Jiangsu Dingsheng New Material Joint-Stock Co Ltd from 2014 to 2025. Also explore 603876 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.53 Billion ≈ $1.10 Billion |
+12.79% |
| 2024-12-31 | CN¥6.68 Billion ≈ $977.50 Million |
+1.86% |
| 2023-12-31 | CN¥6.56 Billion ≈ $959.69 Million |
+3.84% |
| 2022-12-31 | CN¥6.32 Billion ≈ $924.18 Million |
+28.08% |
| 2021-12-31 | CN¥4.93 Billion ≈ $721.58 Million |
+29.39% |
| 2020-12-31 | CN¥3.81 Billion ≈ $557.67 Million |
-2.06% |
| 2019-12-31 | CN¥3.89 Billion ≈ $569.39 Million |
+13.15% |
| 2018-12-31 | CN¥3.44 Billion ≈ $503.21 Million |
+43.99% |
| 2017-12-31 | CN¥2.39 Billion ≈ $349.48 Million |
+11.28% |
| 2016-12-31 | CN¥2.15 Billion ≈ $314.06 Million |
+18.59% |
| 2015-12-31 | CN¥1.81 Billion ≈ $264.82 Million |
+34.83% |
| 2014-12-31 | CN¥1.34 Billion ≈ $196.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Dingsheng New Material Joint-Stock 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 887.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.65 Billion | 48.49% |
| Other Components | CN¥3.88 Billion | 51.51% |
| Total Equity | CN¥7.52 Billion | 100.00% |
Jiangsu Dingsheng New Material Joint-Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Dingsheng New Material Joint-Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Topgolf Callaway Brands Corp.
NYSE:MODG
|
$2.70 Billion |
|
Dream Industrial Real Estate Investment Trust
TO:DIR-UN
|
$2.70 Billion |
|
Bank Mega Tbk
JK:MEGA
|
$2.70 Billion |
|
ABM Industries Incorporated
NYSE:ABM
|
$2.70 Billion |
|
Lagardere SCA
PA:MMB
|
$2.69 Billion |
|
Hawkins Inc
NASDAQ:HWKN
|
$2.69 Billion |
|
CCC S.A.
WAR:CCC
|
$2.69 Billion |
|
ArcBest Corp
NASDAQ:ARCB
|
$2.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Dingsheng New Material Joint-Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,669,803,046 to 7,523,599,700, a change of 853,796,654 (12.8%).
- Net income of 512,872,729 contributed positively to equity growth.
- Dividend payments of 283,836,569 reduced retained earnings.
- Other factors increased equity by 624,760,494.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥512.87 Million | +6.82% |
| Dividends Paid | CN¥283.84 Million | -3.77% |
| Other Changes | CN¥624.76 Million | +8.3% |
| Total Change | CN¥- | 12.80% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Dingsheng New Material Joint-Stock 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: 2.45x
- 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 8.89x to 2.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.23 | CN¥19.82 | x |
| 2015-12-31 | CN¥3.06 | CN¥19.82 | x |
| 2016-12-31 | CN¥3.20 | CN¥19.82 | x |
| 2017-12-31 | CN¥3.58 | CN¥19.82 | x |
| 2018-12-31 | CN¥4.62 | CN¥19.82 | x |
| 2019-12-31 | CN¥5.02 | CN¥19.82 | x |
| 2020-12-31 | CN¥4.23 | CN¥19.82 | x |
| 2021-12-31 | CN¥5.98 | CN¥19.82 | x |
| 2022-12-31 | CN¥6.89 | CN¥19.82 | x |
| 2023-12-31 | CN¥7.35 | CN¥19.82 | x |
| 2024-12-31 | CN¥7.53 | CN¥19.82 | x |
| 2025-12-31 | CN¥8.10 | CN¥19.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Dingsheng New Material Joint-Stock 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): 6.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.95%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 3.13x
- Recent ROE (6.82%) is below the historical average (9.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.73% | 1.13% | 0.88x | 5.78x | CN¥-56.12 Million |
| 2015 | 9.07% | 2.51% | 0.84x | 4.28x | CN¥-16.63 Million |
| 2016 | 15.81% | 4.71% | 0.88x | 3.81x | CN¥122.77 Million |
| 2017 | 11.63% | 2.97% | 1.14x | 3.44x | CN¥38.17 Million |
| 2018 | 8.18% | 2.69% | 1.22x | 2.50x | CN¥-61.71 Million |
| 2019 | 7.96% | 2.75% | 0.83x | 3.49x | CN¥-78.98 Million |
| 2020 | -0.39% | -0.12% | 0.93x | 3.51x | CN¥-394.81 Million |
| 2021 | 8.74% | 2.37% | 1.12x | 3.30x | CN¥-62.05 Million |
| 2022 | 21.91% | 6.39% | 0.98x | 3.48x | CN¥751.14 Million |
| 2023 | 8.17% | 2.81% | 0.94x | 3.09x | CN¥-120.08 Million |
| 2024 | 4.51% | 1.25% | 1.00x | 3.58x | CN¥-365.89 Million |
| 2025 | 6.82% | 1.95% | 1.12x | 3.13x | CN¥-239.49 Million |
Industry Comparison
This section compares Jiangsu Dingsheng New Material Joint-Stock Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $6,446,364,732
- Average return on equity (ROE) among peers: 12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Dingsheng New Material Joint-Stock Co Ltd (603876) | CN¥7.65 Billion | 5.73% | 2.36x | $2.70 Billion |
| Jiaozuo Wanfang Aluminum (000612) | $1.65 Billion | 41.43% | 1.08x | $1.92 Billion |
| Yunnan Aluminium Co Ltd (000807) | $32.15 Billion | 13.72% | 0.30x | $13.68 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $135.19 Million | 48.62% | 2.16x | $9.00 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $4.59 Billion | 6.35% | 0.72x | $846.74 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $3.05 Billion | 0.73% | 1.13x | $612.07 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.74 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $1.34 Billion | 4.01% | 0.35x | $539.24 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $83.55 Million | 19.84% | 4.12x | $36.12 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $1.07 Billion | -16.88% | 0.56x | $659.74 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $19.30 Billion | 9.91% | 1.62x | $8.89 Billion |
About Jiangsu Dingsheng New Material Joint-Stock Co Ltd
Jiangsu Dingsheng New Materials Joint-Stock Co.,Ltd engages in research and development, production, and sale of aluminum plates, strip, and foils. Its products portfolio includes aluminum and aluminum alloy plates, belts, sheets, and coating materials, as well as processed products comprising aluminum oxide plates, cable foils, air-conditioner foils, decorative building material aluminum foils, … Read more