Jiangxi Guotai Civilian Net Assets
Jiangxi Guotai Civilian net assets. Based on the latest financial reports, Jiangxi Guotai Civilian (603977) has net assets worth CN¥3.78 Billion CNY (≈ $552.90 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¥6.21 Billion ≈ $908.72 Million USD) and total liabilities (CN¥2.43 Billion ≈ $355.81 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. Also explore net asset momentum of Jiangxi Guotai Civilian to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.78 Billion |
| % of Total Assets | 60.84% |
| Annual Growth Rate | 19.62% |
| 5-Year Change | 41.39% |
| 10-Year Change | 539.38% |
| Growth Volatility | 28.85 |
Net Assets of Jiangxi Guotai Civilian (2011–2024)
Net assets of Jiangxi Guotai Civilian from 2011 to 2024. This chart illustrates how Jiangxi Guotai Civilian's net assets have evolved over time, based on quarterly financial data. See Jiangxi Guotai Civilian net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Jiangxi Guotai Civilian (2011–2024)
The table below shows the annual net assets of Jiangxi Guotai Civilian from 2011 to 2024. For live market cap and overall valuation, see Jiangxi Guotai Civilian market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.68 Billion ≈ $538.93 Million |
+3.07% |
| 2023-12-31 | CN¥3.57 Billion ≈ $522.86 Million |
+8.24% |
| 2022-12-31 | CN¥3.30 Billion ≈ $483.08 Million |
+7.58% |
| 2021-12-31 | CN¥3.07 Billion ≈ $449.04 Million |
+17.80% |
| 2020-12-31 | CN¥2.60 Billion ≈ $381.17 Million |
+15.83% |
| 2019-12-31 | CN¥2.25 Billion ≈ $329.08 Million |
+12.76% |
| 2018-12-31 | CN¥1.99 Billion ≈ $291.83 Million |
+101.86% |
| 2017-12-31 | CN¥987.98 Million ≈ $144.57 Million |
-1.03% |
| 2016-12-31 | CN¥998.25 Million ≈ $146.08 Million |
+73.30% |
| 2015-12-31 | CN¥576.02 Million ≈ $84.29 Million |
+8.17% |
| 2014-12-31 | CN¥532.52 Million ≈ $77.92 Million |
+13.75% |
| 2013-12-31 | CN¥468.13 Million ≈ $68.50 Million |
+12.65% |
| 2012-12-31 | CN¥415.55 Million ≈ $60.81 Million |
+15.88% |
| 2011-12-31 | CN¥358.59 Million ≈ $52.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Guotai Civilian'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 1028.1% over the analyzed period, indicating profitable operations and earnings retention.
Jiangxi Guotai Civilian Net Assets Breakdown (December 2024)
Jiangxi Guotai Civilian net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.08 Billion | 33.67% |
| Common Stock | CN¥621.24 Million | 19.33% |
| Other Comprehensive Income | CN¥197.37 Million | 6.14% |
| Other Components | CN¥1.31 Billion | 40.86% |
| Total Equity | CN¥3.21 Billion | 100.00% |
Jiangxi Guotai Civilian Competitors by Market Cap
The table below lists competitors of Jiangxi Guotai Civilian ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NGERN TID LOR-NVDR- BA37
F:70V0
|
$891.95 Million |
|
Wanbangde Pharmaceutical Holding Group Co Ltd
SHE:002082
|
$892.41 Million |
|
Sonaecom SGPS
LS:SNC
|
$892.85 Million |
|
Hotel Shilla
KO:008770
|
$892.86 Million |
|
Aktia Bank Abp
HE:AKTIA
|
$891.71 Million |
|
Jiajiayue Group Co Ltd
SHG:603708
|
$891.12 Million |
|
Irish Continental Group PLC
IR:IR5B
|
$890.98 Million |
|
Isras Investment Company Ltd
TA:ISRS
|
$890.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Guotai Civilian's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,119,364,593 to 3,213,751,547, a change of 94,386,954 (3.0%).
- Net income of 180,745,656 contributed positively to equity growth.
- Dividend payments of 116,242,069 reduced retained earnings.
- Other comprehensive income increased equity by 197,366,298.
- Other factors decreased equity by 167,482,931.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥180.75 Million | +5.62% |
| Dividends Paid | CN¥116.24 Million | -3.62% |
| Other Comprehensive Income | CN¥197.37 Million | +6.14% |
| Other Changes | CN¥-167.48 Million | -5.21% |
| Total Change | CN¥- | 3.03% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Guotai Civilian'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: 1.90x
- 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 7.09x to 1.90x 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¥1.38 | CN¥9.81 | x |
| 2012-12-31 | CN¥1.32 | CN¥9.81 | x |
| 2013-12-31 | CN¥1.44 | CN¥9.81 | x |
| 2014-12-31 | CN¥1.64 | CN¥9.81 | x |
| 2015-12-31 | CN¥1.78 | CN¥9.81 | x |
| 2016-12-31 | CN¥2.95 | CN¥9.81 | x |
| 2017-12-31 | CN¥3.06 | CN¥9.81 | x |
| 2018-12-31 | CN¥4.10 | CN¥9.81 | x |
| 2019-12-31 | CN¥3.60 | CN¥9.81 | x |
| 2020-12-31 | CN¥3.88 | CN¥9.81 | x |
| 2021-12-31 | CN¥4.65 | CN¥9.81 | x |
| 2022-12-31 | CN¥4.60 | CN¥9.81 | x |
| 2023-12-31 | CN¥5.02 | CN¥9.81 | x |
| 2024-12-31 | CN¥5.16 | CN¥9.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Guotai Civilian 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): 5.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.68%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.77x
- Recent ROE (5.62%) is below the historical average (11.18%), 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 | 14.75% | 10.12% | 0.96x | 1.51x | CN¥16.37 Million |
| 2012 | 15.84% | 12.66% | 0.86x | 1.45x | CN¥23.40 Million |
| 2013 | 21.65% | 18.92% | 0.81x | 1.40x | CN¥54.39 Million |
| 2014 | 20.22% | 18.76% | 0.73x | 1.47x | CN¥54.19 Million |
| 2015 | 16.95% | 20.08% | 0.53x | 1.58x | CN¥39.80 Million |
| 2016 | 10.20% | 21.39% | 0.39x | 1.22x | CN¥1.99 Million |
| 2017 | 7.24% | 12.14% | 0.43x | 1.40x | CN¥-26.15 Million |
| 2018 | 3.83% | 8.10% | 0.32x | 1.49x | CN¥-113.11 Million |
| 2019 | 7.27% | 9.98% | 0.44x | 1.65x | CN¥-53.85 Million |
| 2020 | 8.83% | 11.34% | 0.46x | 1.70x | CN¥-25.55 Million |
| 2021 | 9.25% | 12.07% | 0.45x | 1.69x | CN¥-19.45 Million |
| 2022 | 5.03% | 6.68% | 0.44x | 1.73x | CN¥-142.10 Million |
| 2023 | 9.79% | 12.02% | 0.47x | 1.73x | CN¥-6.40 Million |
| 2024 | 5.62% | 7.68% | 0.41x | 1.77x | CN¥-140.63 Million |
Industry Comparison
This section compares Jiangxi Guotai Civilian's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,730,843,103
- Average return on equity (ROE) among peers: 14.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Guotai Civilian (603977) | CN¥3.78 Billion | 14.75% | 0.64x | $891.80 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $777.61 Million | 18.59% | 0.36x | $361.65 Million |
| Hengyi Petrochemical Co Ltd (000703) | $17.66 Billion | 9.54% | 1.03x | $7.45 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.08 Billion | 12.06% | 1.19x | $710.31 Million |
| Luxi Chemical Group Co Ltd (000830) | $10.99 Billion | 27.93% | 1.53x | $3.06 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $3.12 Billion | 24.63% | 0.08x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $73.77 Million | 36.72% | 1.77x | $1.01 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.02 Billion | -16.67% | 2.80x | $1.30 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $758.53 Million |
| Zhejiang Transfar Co Ltd (002010) | $693.89 Million | 10.75% | 0.67x | $1.85 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $457.55 Million | 6.71% | 0.32x | $465.20 Million |
About Jiangxi Guotai Civilian
Jiangxi Guotai Group Co.,Ltd. engages in the civil explosive integration business in China. It offers industrial explosives, such as permitted emulsion explosives for Class III coal mines; rock emulsion explosives; packaged emulsified granular ammonium nitrate explosives; and expanded ammonium nitrate explosives. The company also provides detonating equipment, including digital electronic detonat… Read more