Jiangsu Bide Science and Technology Co. Ltd.

SHG:605298 China Railroads
Market Cap
$1.25 Billion
CN¥9.20 Billion CNY
Market Cap Rank
#12361 Global
#3044 in China
Share Price
CN¥48.96
Change (1 day)
-6.80%
52-Week Range
CN¥11.30 - CN¥52.78
All Time High
CN¥52.78
About

Jiangsu Bide Science and Technology Co.,Ltd. engages in the research, development, production, and sale of railway passenger car parts in China. It offers cable protection systems, air conditioning ventilations, intelligent obstacle detection system, car door, through passage, and floor cloth. The company was formerly known as Jiangyin Bide Science and Technology Development Co., Ltd. Jiangsu Bid… Read more

Jiangsu Bide Science and Technology Co. Ltd. (605298) - Net Assets

Latest net assets as of September 2025: CN¥1.05 Billion CNY

Based on the latest financial reports, Jiangsu Bide Science and Technology Co. Ltd. (605298) has net assets worth CN¥1.05 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¥1.30 Billion) and total liabilities (CN¥253.50 Million). 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¥1.05 Billion
% of Total Assets 80.51%
Annual Growth Rate 23.62%
5-Year Change 91.19%
10-Year Change 693.77%
Growth Volatility 29.7

Jiangsu Bide Science and Technology Co. Ltd. - Net Assets Trend (2013–2024)

This chart illustrates how Jiangsu Bide Science and Technology 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 Bide Science and Technology Co. Ltd. (2013–2024)

The table below shows the annual net assets of Jiangsu Bide Science and Technology Co. Ltd. from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.02 Billion +3.59%
2023-12-31 CN¥986.14 Million +1.37%
2022-12-31 CN¥972.78 Million +0.37%
2021-12-31 CN¥969.21 Million +81.41%
2020-12-31 CN¥534.28 Million +13.61%
2019-12-31 CN¥470.28 Million +17.38%
2018-12-31 CN¥400.65 Million +25.60%
2017-12-31 CN¥319.00 Million +29.43%
2016-12-31 CN¥246.47 Million +91.52%
2015-12-31 CN¥128.69 Million +19.08%
2014-12-31 CN¥108.07 Million +9.05%
2013-12-31 CN¥99.11 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Bide Science and Technology 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 375.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥375.28 Million 36.84%
Common Stock CN¥187.85 Million 18.44%
Other Components CN¥455.62 Million 44.72%
Total Equity CN¥1.02 Billion 100.00%

Jiangsu Bide Science and Technology Co. Ltd. Competitors by Market Cap

The table below lists competitors of Jiangsu Bide Science and Technology Co. Ltd. ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 985,118,420 to 1,018,746,580, a change of 33,628,160 (3.4%).
  • Net income of 38,855,379 contributed positively to equity growth.
  • Dividend payments of 18,217,671 reduced retained earnings.
  • Other factors increased equity by 12,990,452.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥38.86 Million +3.81%
Dividends Paid CN¥18.22 Million -1.79%
Other Changes CN¥12.99 Million +1.28%
Total Change CN¥- 3.41%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Bide Science and Technology 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: 8.89x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 6.42x to 8.89x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥7.63 CN¥48.96 x
2014-12-31 CN¥8.32 CN¥48.96 x
2015-12-31 CN¥4.31 CN¥48.96 x
2016-12-31 CN¥2.52 CN¥48.96 x
2017-12-31 CN¥4.30 CN¥48.96 x
2018-12-31 CN¥4.95 CN¥48.96 x
2019-12-31 CN¥3.35 CN¥48.96 x
2020-12-31 CN¥3.81 CN¥48.96 x
2021-12-31 CN¥6.89 CN¥48.96 x
2022-12-31 CN¥7.02 CN¥48.96 x
2023-12-31 CN¥5.40 CN¥48.96 x
2024-12-31 CN¥5.51 CN¥48.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Bide Science and Technology 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): 3.81%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.04%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.28x
  • Recent ROE (3.81%) is below the historical average (13.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 13.51% 14.44% 0.57x 1.65x CN¥3.48 Million
2014 14.24% 13.98% 0.64x 1.59x CN¥4.59 Million
2015 16.02% 14.74% 0.76x 1.43x CN¥7.75 Million
2016 14.17% 19.68% 0.50x 1.44x CN¥10.27 Million
2017 11.17% 17.69% 0.44x 1.43x CN¥3.73 Million
2018 26.45% 37.51% 0.50x 1.40x CN¥65.89 Million
2019 23.42% 35.21% 0.53x 1.27x CN¥63.10 Million
2020 19.56% 30.07% 0.55x 1.18x CN¥51.07 Million
2021 8.74% 28.11% 0.27x 1.15x CN¥-12.23 Million
2022 4.82% 20.40% 0.20x 1.18x CN¥-50.31 Million
2023 3.11% 8.80% 0.28x 1.28x CN¥-67.88 Million
2024 3.81% 8.04% 0.37x 1.28x CN¥-63.02 Million

Industry Comparison

This section compares Jiangsu Bide Science and Technology Co. Ltd.'s net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $2,677,457,496
  • Average return on equity (ROE) among peers: 7.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Bide Science and Technology Co. Ltd. (605298) CN¥1.05 Billion 13.51% 0.24x $331.94 Million
China High-Speed Railway Technology (000008) $540.83 Million 7.24% 0.13x $619.07 Million
Nanjing Zhongbei Group Co Ltd (000421) $545.89 Million 18.19% 3.34x $269.49 Million
Ningxia Western Venture Industrial Co Ltd (000557) $-280.00 Million 0.00% 0.00x $573.05 Million
Vontron Technology Co Ltd (000920) $120.66 Million 30.91% 1.29x $402.70 Million
China Railway Materials Co Ltd (000927) $3.21 Billion -14.95% 1.55x $782.90 Million
China Railway Special Cargo Logistics Co. Ltd. (001213) $17.98 Billion 2.17% 0.09x $419.62 Million
Changzhou Evergreen Technology Co. Ltd. A (001324) $1.09 Billion 6.59% 0.24x $169.48 Million
HeNan Splendor Science & Technology Co Ltd (002296) $723.83 Million 13.20% 0.36x $539.03 Million
Sichuan Fulin Transportation Group Co Ltd (002357) $1.39 Billion 4.26% 0.96x $441.62 Million
Tianjin Keyvia Electric Co Ltd (300407) $1.45 Billion 5.88% 0.85x $387.27 Million