Jiangyin Hengrun Heavy
Jiangyin Hengrun Heavy Industries Co., Ltd manufactures and sells precision machinery in China. The company offers wind power flanges, gas turbine components, nuclear components, semiconductor equipment, pressure vessels, offshore oil and gas equipment. It also provides design; and forging and finishing services. The company was founded in 2003 and is headquartered in Jiangyin, China.
Jiangyin Hengrun Heavy (603985) - Net Assets
Latest net assets as of September 2025: CN¥3.23 Billion CNY
Based on the latest financial reports, Jiangyin Hengrun Heavy (603985) has net assets worth CN¥3.23 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¥5.57 Billion) and total liabilities (CN¥2.34 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¥3.23 Billion |
| % of Total Assets | 57.99% |
| Annual Growth Rate | 23.26% |
| 5-Year Change | 107.67% |
| 10-Year Change | 802.84% |
| Growth Volatility | 42.94 |
Jiangyin Hengrun Heavy - Net Assets Trend (2012–2024)
This chart illustrates how Jiangyin Hengrun Heavy's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangyin Hengrun Heavy (2012–2024)
The table below shows the annual net assets of Jiangyin Hengrun Heavy from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.21 Billion | -4.11% |
| 2023-12-31 | CN¥3.35 Billion | -1.42% |
| 2022-12-31 | CN¥3.40 Billion | +1.81% |
| 2021-12-31 | CN¥3.34 Billion | +115.77% |
| 2020-12-31 | CN¥1.55 Billion | +31.80% |
| 2019-12-31 | CN¥1.17 Billion | +1.26% |
| 2018-12-31 | CN¥1.16 Billion | +15.35% |
| 2017-12-31 | CN¥1.00 Billion | +128.07% |
| 2016-12-31 | CN¥440.49 Million | +23.81% |
| 2015-12-31 | CN¥355.77 Million | +15.81% |
| 2014-12-31 | CN¥307.20 Million | +11.61% |
| 2013-12-31 | CN¥275.24 Million | +5.43% |
| 2012-12-31 | CN¥261.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangyin Hengrun Heavy'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 1633.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥985.91 Million | 30.73% |
| Common Stock | CN¥440.86 Million | 13.74% |
| Other Comprehensive Income | CN¥83.82 Million | 2.61% |
| Other Components | CN¥1.70 Billion | 52.91% |
| Total Equity | CN¥3.21 Billion | 100.00% |
Jiangyin Hengrun Heavy Competitors by Market Cap
The table below lists competitors of Jiangyin Hengrun Heavy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong New Beiyang Information Technology Co Ltd
SHE:002376
|
$606.96 Million |
|
Jiangsu Yawei Machine Tool Co Ltd
SHE:002559
|
$607.00 Million |
|
Union Bank of Taiwan
TW:2838
|
$607.02 Million |
|
Peab AB ser. B
LSE:0MHT
|
$607.03 Million |
|
BKV Corporation
NYSE:BKV
|
$606.87 Million |
|
Eagle Bancorp Inc
NASDAQ:EGBN
|
$606.79 Million |
|
Sundiro Holding Co Ltd
SHE:000571
|
$606.69 Million |
|
Guangdong No2 Hydropower Engineering Co Ltd
SHE:002060
|
$606.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangyin Hengrun Heavy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,345,467,670 to 3,207,829,880, a change of -137,637,790 (-4.1%).
- Net loss of 138,289,450 reduced equity.
- Dividend payments of 26,037,909 reduced retained earnings.
- Other comprehensive income increased equity by 83,816,528.
- Other factors decreased equity by 57,126,959.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-138.29 Million | -4.31% |
| Dividends Paid | CN¥26.04 Million | -0.81% |
| Other Comprehensive Income | CN¥83.82 Million | +2.61% |
| Other Changes | CN¥-57.13 Million | -1.78% |
| Total Change | CN¥- | -4.11% |
Book Value vs Market Value Analysis
This analysis compares Jiangyin Hengrun Heavy'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: 2.48x
- 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 17.84x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.01 | CN¥18.03 | x |
| 2013-12-31 | CN¥1.07 | CN¥18.03 | x |
| 2014-12-31 | CN¥1.19 | CN¥18.03 | x |
| 2015-12-31 | CN¥1.38 | CN¥18.03 | x |
| 2016-12-31 | CN¥1.70 | CN¥18.03 | x |
| 2017-12-31 | CN¥4.23 | CN¥18.03 | x |
| 2018-12-31 | CN¥3.20 | CN¥18.03 | x |
| 2019-12-31 | CN¥3.32 | CN¥18.03 | x |
| 2020-12-31 | CN¥4.42 | CN¥18.03 | x |
| 2021-12-31 | CN¥9.05 | CN¥18.03 | x |
| 2022-12-31 | CN¥7.71 | CN¥18.03 | x |
| 2023-12-31 | CN¥7.59 | CN¥18.03 | x |
| 2024-12-31 | CN¥7.28 | CN¥18.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangyin Hengrun Heavy 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): -4.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.01%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.43x
- Recent ROE (-4.31%) is below the historical average (10.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 15.77% | 6.62% | 0.80x | 3.00x | CN¥15.07 Million |
| 2013 | 5.15% | 2.84% | 0.63x | 2.86x | CN¥-13.35 Million |
| 2014 | 12.33% | 5.48% | 0.80x | 2.81x | CN¥7.17 Million |
| 2015 | 16.43% | 8.74% | 0.82x | 2.31x | CN¥22.87 Million |
| 2016 | 21.50% | 15.05% | 0.70x | 2.04x | CN¥50.66 Million |
| 2017 | 9.03% | 12.25% | 0.60x | 1.24x | CN¥-9.77 Million |
| 2018 | 11.33% | 10.53% | 0.67x | 1.61x | CN¥14.68 Million |
| 2019 | 7.26% | 5.79% | 0.73x | 1.71x | CN¥-31.36 Million |
| 2020 | 30.42% | 19.42% | 0.89x | 1.77x | CN¥310.92 Million |
| 2021 | 13.24% | 19.27% | 0.59x | 1.17x | CN¥108.18 Million |
| 2022 | 2.79% | 4.87% | 0.45x | 1.27x | CN¥-244.98 Million |
| 2023 | -1.05% | -1.89% | 0.37x | 1.48x | CN¥-369.53 Million |
| 2024 | -4.31% | -8.01% | 0.38x | 1.43x | CN¥-459.07 Million |
Industry Comparison
This section compares Jiangyin Hengrun Heavy's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangyin Hengrun Heavy (603985) | CN¥3.23 Billion | 15.77% | 0.72x | $606.90 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |