Jiangsu Guomao Reducer Co Ltd

SHG:603915 China Specialty Industrial Machinery
Market Cap
$1.46 Billion
CN¥10.73 Billion CNY
Market Cap Rank
#10200 Global
#2213 in China
Share Price
CN¥16.34
Change (1 day)
-1.68%
52-Week Range
CN¥13.45 - CN¥21.15
All Time High
CN¥44.72
About

Jiangsu Guomao Reducer Co., Ltd. researches and develops, manufactures, and sells reducers and motors in the industrial reduction gear industry in China. The company offers cycloidal reducers, geared motors, gearboxes, planetary gear reducers, heavy-duty gearboxes, induction products, and precision planetary series, as well as technical support services. The company was founded in 1993 and is hea… Read more

Jiangsu Guomao Reducer Co Ltd (603915) - Net Assets

Latest net assets as of September 2025: CN¥3.75 Billion CNY

Based on the latest financial reports, Jiangsu Guomao Reducer Co Ltd (603915) has net assets worth CN¥3.75 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.36 Billion) and total liabilities (CN¥1.61 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.75 Billion
% of Total Assets 69.93%
Annual Growth Rate 18.78%
5-Year Change 46.38%
10-Year Change 480.3%
Growth Volatility 25.45

Jiangsu Guomao Reducer Co Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Jiangsu Guomao Reducer Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Jiangsu Guomao Reducer Co Ltd (2014–2024)

The table below shows the annual net assets of Jiangsu Guomao Reducer Co Ltd from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.72 Billion +3.37%
2023-12-31 CN¥3.60 Billion +9.74%
2022-12-31 CN¥3.28 Billion +10.77%
2021-12-31 CN¥2.96 Billion +16.49%
2020-12-31 CN¥2.54 Billion +12.90%
2019-12-31 CN¥2.25 Billion +92.97%
2018-12-31 CN¥1.17 Billion +23.00%
2017-12-31 CN¥947.90 Million +16.40%
2016-12-31 CN¥814.32 Million +27.08%
2015-12-31 CN¥640.81 Million -3.61%
2014-12-31 CN¥664.80 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Guomao Reducer 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 3037.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.64 Billion 44.82%
Common Stock CN¥659.09 Million 18.01%
Other Components CN¥1.36 Billion 37.17%
Total Equity CN¥3.66 Billion 100.00%

Jiangsu Guomao Reducer Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Guomao Reducer Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Guomao Reducer Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,591,036,040 to 3,659,766,282, a change of 68,730,242 (1.9%).
  • Net income of 293,522,772 contributed positively to equity growth.
  • Dividend payments of 210,440,032 reduced retained earnings.
  • Share repurchases of 20,480,330 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥293.52 Million +8.02%
Dividends Paid CN¥210.44 Million -5.75%
Share Repurchases CN¥20.48 Million -0.56%
Other Changes CN¥6.13 Million +0.17%
Total Change CN¥- 1.91%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Guomao Reducer 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: 2.91x
  • 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 8.80x to 2.91x 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¥1.86 CN¥16.34 x
2015-12-31 CN¥1.79 CN¥16.34 x
2017-12-31 CN¥2.50 CN¥16.34 x
2018-12-31 CN¥2.22 CN¥16.34 x
2019-12-31 CN¥3.79 CN¥16.34 x
2020-12-31 CN¥3.88 CN¥16.34 x
2021-12-31 CN¥4.54 CN¥16.34 x
2022-12-31 CN¥4.98 CN¥16.34 x
2023-12-31 CN¥5.45 CN¥16.34 x
2024-12-31 CN¥5.61 CN¥16.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Guomao Reducer 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): 8.02%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.34%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 1.46x
  • Recent ROE (8.02%) is below the historical average (13.38%), 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 16.57% 8.06% 1.16x 1.78x CN¥43.70 Million
2015 11.83% 6.88% 0.96x 1.79x CN¥11.70 Million
2016 11.87% 8.40% 0.81x 1.75x CN¥15.25 Million
2017 14.10% 9.04% 0.81x 1.94x CN¥38.89 Million
2018 18.70% 12.34% 0.81x 1.87x CN¥101.46 Million
2019 12.61% 14.97% 0.57x 1.49x CN¥58.76 Million
2020 14.18% 16.44% 0.55x 1.58x CN¥105.81 Million
2021 15.64% 15.69% 0.63x 1.59x CN¥166.66 Million
2022 12.66% 15.35% 0.58x 1.42x CN¥86.95 Million
2023 11.01% 14.87% 0.53x 1.40x CN¥36.40 Million
2024 8.02% 11.34% 0.48x 1.46x CN¥-72.45 Million

Industry Comparison

This section compares Jiangsu Guomao Reducer Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Guomao Reducer Co Ltd (603915) CN¥3.75 Billion 16.57% 0.43x $506.68 Million
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million