Leysen Jewellery Inc (603900) - Net Assets
Based on the latest financial reports, Leysen Jewellery Inc (603900) has net assets worth CN¥1.98 Billion CNY (≈ $289.51 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¥2.26 Billion ≈ $331.36 Million USD) and total liabilities (CN¥286.02 Million ≈ $41.85 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 asset resilience ratio of Leysen Jewellery Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.98 Billion |
| % of Total Assets | 87.37% |
| Annual Growth Rate | 11.81% |
| 5-Year Change | -17.66% |
| 10-Year Change | 77.94% |
| Growth Volatility | 27.09 |
Leysen Jewellery Inc - Net Assets Trend (2011–2024)
This chart illustrates how Leysen Jewellery Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Leysen Jewellery Inc for the complete picture of this company's asset base.
Annual Net Assets for Leysen Jewellery Inc (2011–2024)
The table below shows the annual net assets of Leysen Jewellery Inc from 2011 to 2024. For live valuation and market cap data, see Leysen Jewellery Inc (603900) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.91 Billion ≈ $279.24 Million |
-10.18% |
| 2023-12-31 | CN¥2.12 Billion ≈ $310.89 Million |
-3.44% |
| 2022-12-31 | CN¥2.20 Billion ≈ $321.97 Million |
-2.36% |
| 2021-12-31 | CN¥2.25 Billion ≈ $329.75 Million |
-2.77% |
| 2020-12-31 | CN¥2.32 Billion ≈ $339.15 Million |
-1.46% |
| 2019-12-31 | CN¥2.35 Billion ≈ $344.17 Million |
-2.03% |
| 2018-12-31 | CN¥2.40 Billion ≈ $351.28 Million |
+5.01% |
| 2017-12-31 | CN¥2.29 Billion ≈ $334.53 Million |
+13.07% |
| 2016-12-31 | CN¥2.02 Billion ≈ $295.85 Million |
+88.52% |
| 2015-12-31 | CN¥1.07 Billion ≈ $156.93 Million |
+12.66% |
| 2014-12-31 | CN¥951.89 Million ≈ $139.29 Million |
+16.72% |
| 2013-12-31 | CN¥815.50 Million ≈ $119.33 Million |
+15.22% |
| 2012-12-31 | CN¥707.76 Million ≈ $103.57 Million |
+58.31% |
| 2011-12-31 | CN¥447.06 Million ≈ $65.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Leysen Jewellery Inc'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 35905409431.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥342.93 Million | 17.96% |
| Common Stock | CN¥343.02 Million | 17.96% |
| Other Comprehensive Income | CN¥90.02K | 0.00% |
| Other Components | CN¥1.22 Billion | 64.07% |
| Total Equity | CN¥1.91 Billion | 100.00% |
Leysen Jewellery Inc Competitors by Market Cap
The table below lists competitors of Leysen Jewellery Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invesco Advantage MIT II
NYSE MKT:VKI
|
$400.10 Million |
|
Sun Tekstil Sanayi ve Ticaret A.S.
IS:SUNTK
|
$400.11 Million |
|
ITAB Shop Concept AB ser. B
ST:ITAB
|
$400.54 Million |
|
Shanghai General Healthy Information and Technology Co. Ltd.
SHG:605186
|
$400.81 Million |
|
Equinox India Developments Ltd
NSE:IBREALEST
|
$399.94 Million |
|
MCI Management SA
WAR:MCI
|
$399.93 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
$399.86 Million |
|
Plastika Kritis S.A.
AT:PLAKR
|
$399.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leysen Jewellery Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,125,385,685 to 1,909,519,494, a change of -215,866,191 (-10.2%).
- Net loss of 184,338,868 reduced equity.
- Dividend payments of 35,727,922 reduced retained earnings.
- Share repurchases of 6,975,000 reduced equity.
- Other comprehensive income decreased equity by 199,811.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-184.34 Million | -9.65% |
| Dividends Paid | CN¥35.73 Million | -1.87% |
| Share Repurchases | CN¥6.97 Million | -0.37% |
| Other Comprehensive Income | CN¥-199.81K | -0.01% |
| Other Changes | CN¥11.38 Million | +0.6% |
| Total Change | CN¥- | -10.16% |
Book Value vs Market Value Analysis
This analysis compares Leysen Jewellery Inc'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: 1.42x
- 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 3.59x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥2.22 | CN¥7.97 | x |
| 2012-12-31 | CN¥3.03 | CN¥7.97 | x |
| 2013-12-31 | CN¥3.20 | CN¥7.97 | x |
| 2014-12-31 | CN¥3.72 | CN¥7.97 | x |
| 2015-12-31 | CN¥4.20 | CN¥7.97 | x |
| 2016-12-31 | CN¥7.71 | CN¥7.97 | x |
| 2017-12-31 | CN¥6.73 | CN¥7.97 | x |
| 2018-12-31 | CN¥6.99 | CN¥7.97 | x |
| 2019-12-31 | CN¥6.91 | CN¥7.97 | x |
| 2020-12-31 | CN¥6.81 | CN¥7.97 | x |
| 2021-12-31 | CN¥6.62 | CN¥7.97 | x |
| 2022-12-31 | CN¥6.46 | CN¥7.97 | x |
| 2023-12-31 | CN¥6.14 | CN¥7.97 | x |
| 2024-12-31 | CN¥5.61 | CN¥7.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leysen Jewellery Inc 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): -9.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.08%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.20x
- Recent ROE (-9.65%) is below the historical average (9.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 40.26% | 14.94% | 0.91x | 2.95x | CN¥140.83 Million |
| 2012 | 10.13% | 6.14% | 0.88x | 1.88x | CN¥932.85K |
| 2013 | 14.28% | 10.03% | 0.88x | 1.62x | CN¥34.91 Million |
| 2014 | 18.04% | 12.01% | 0.87x | 1.73x | CN¥76.66 Million |
| 2015 | 16.85% | 12.14% | 0.96x | 1.45x | CN¥73.58 Million |
| 2016 | 10.94% | 13.41% | 0.66x | 1.23x | CN¥18.95 Million |
| 2017 | 13.53% | 15.75% | 0.69x | 1.24x | CN¥80.66 Million |
| 2018 | 8.73% | 12.60% | 0.60x | 1.16x | CN¥-30.44 Million |
| 2019 | 6.48% | 11.56% | 0.48x | 1.16x | CN¥-82.74 Million |
| 2020 | 4.50% | 8.50% | 0.46x | 1.14x | CN¥-127.41 Million |
| 2021 | 1.71% | 2.90% | 0.50x | 1.17x | CN¥-186.90 Million |
| 2022 | -1.82% | -4.38% | 0.36x | 1.16x | CN¥-260.06 Million |
| 2023 | -3.59% | -10.40% | 0.30x | 1.13x | CN¥-288.74 Million |
| 2024 | -9.65% | -15.08% | 0.54x | 1.20x | CN¥-375.29 Million |
Industry Comparison
This section compares Leysen Jewellery Inc's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $2,009,093,708
- Average return on equity (ROE) among peers: 11.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leysen Jewellery Inc (603900) | CN¥1.98 Billion | 40.26% | 0.14x | $400.06 Million |
| Shenzhen Tellus Holding Co Ltd (000025) | $1.34 Billion | 16.40% | 0.23x | $937.43 Million |
| Fiyta Holdings Ltd (000026) | $1.54 Billion | 8.46% | 1.31x | $953.86 Million |
| Innovative Medical Management Co Ltd (002173) | $134.18 Million | 19.54% | 1.80x | $1.54 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.72 Billion | 7.25% | 0.68x | $1.36 Billion |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.14 Billion | 2.78% | 0.24x | $439.63 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $5.62 Billion | 3.24% | 2.07x | $1.20 Billion |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $413.38 Million | 21.08% | 1.54x | $163.05 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $1.61 Billion | 26.47% | 0.47x | $2.07 Billion |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.10 Billion | 7.91% | 0.51x | $20.87 Million |
| Fiyta Holdings Ltd (200026) | $2.47 Billion | 5.68% | 0.45x | $36.37 Million |
About Leysen Jewellery Inc
Leysen Jewellery Inc. engages in the design, development, and retail of jewelry products in China. The company offers gold, diamonds, jade, gemstones, Birkin, and other jewelry products. It also engages in the brand operation management activities. The company was formerly known as Tesiro Jewelry Inc. Leysen Jewellery Inc. was founded in 1999 and is based in Nanjing, China.