Jiangsu Guomao Reducer Co Ltd (603915) - Net Assets
Based on the latest financial reports, Jiangsu Guomao Reducer Co Ltd (603915) has net assets worth CN¥3.75 Billion CNY (≈ $548.85 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¥5.36 Billion ≈ $784.86 Million USD) and total liabilities (CN¥1.61 Billion ≈ $236.01 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 Jiangsu Guomao Reducer Co Ltd (603915) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Jiangsu Guomao Reducer Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Jiangsu Guomao Reducer Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.72 Billion ≈ $544.15 Million |
+3.37% |
| 2023-12-31 | CN¥3.60 Billion ≈ $526.40 Million |
+9.74% |
| 2022-12-31 | CN¥3.28 Billion ≈ $479.67 Million |
+10.77% |
| 2021-12-31 | CN¥2.96 Billion ≈ $433.03 Million |
+16.49% |
| 2020-12-31 | CN¥2.54 Billion ≈ $371.73 Million |
+12.90% |
| 2019-12-31 | CN¥2.25 Billion ≈ $329.24 Million |
+92.97% |
| 2018-12-31 | CN¥1.17 Billion ≈ $170.62 Million |
+23.00% |
| 2017-12-31 | CN¥947.90 Million ≈ $138.71 Million |
+16.40% |
| 2016-12-31 | CN¥814.32 Million ≈ $119.16 Million |
+27.08% |
| 2015-12-31 | CN¥640.81 Million ≈ $93.77 Million |
-3.61% |
| 2014-12-31 | CN¥664.80 Million ≈ $97.28 Million |
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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.
| Company | Market Cap |
|---|---|
|
Zhejiang Shibao Co Ltd
SHE:002703
|
$1.51 Billion |
|
Storskogen Group AB Series B
ST:STOR-B
|
$1.51 Billion |
|
Lier Chemical Co Ltd
SHE:002258
|
$1.51 Billion |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
$1.51 Billion |
|
Central Securities Corporation
NYSE MKT:CET
|
$1.51 Billion |
|
Guangzhou SiE Consulting Co Ltd
SHE:300687
|
$1.51 Billion |
|
Ingersoll Rand (India) Limited
NSE:INGERRAND
|
$1.51 Billion |
|
Shenzhen Fine Made Electronics Group Co Ltd
SHE:300671
|
$1.51 Billion |
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: 2.80x
- 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 8.46x to 2.80x 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¥15.71 | x |
| 2015-12-31 | CN¥1.79 | CN¥15.71 | x |
| 2017-12-31 | CN¥2.50 | CN¥15.71 | x |
| 2018-12-31 | CN¥2.22 | CN¥15.71 | x |
| 2019-12-31 | CN¥3.79 | CN¥15.71 | x |
| 2020-12-31 | CN¥3.88 | CN¥15.71 | x |
| 2021-12-31 | CN¥4.54 | CN¥15.71 | x |
| 2022-12-31 | CN¥4.98 | CN¥15.71 | x |
| 2023-12-31 | CN¥5.45 | CN¥15.71 | x |
| 2024-12-31 | CN¥5.61 | CN¥15.71 | 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
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 | $1.51 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Jiangsu Guomao Reducer Co Ltd
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