Jiangsu Changling Hydraulic Co. Ltd Net Assets
Jiangsu Changling Hydraulic Co. Ltd net assets. Based on the latest financial reports, Jiangsu Changling Hydraulic Co. Ltd (605389) has net assets worth CN¥2.21 Billion CNY (≈ $323.30 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.47 Billion ≈ $361.42 Million USD) and total liabilities (CN¥260.48 Million ≈ $38.12 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 Jiangsu Changling Hydraulic Co. Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.21 Billion |
| % of Total Assets | 89.45% |
| Annual Growth Rate | 25.95% |
| 5-Year Change | 22.08% |
| 10-Year Change | N/A |
| Growth Volatility | 44.19 |
Net Assets of Jiangsu Changling Hydraulic Co. Ltd (2016–2025)
Net assets of Jiangsu Changling Hydraulic Co. Ltd from 2016 to 2025. This chart illustrates how Jiangsu Changling Hydraulic Co. Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangsu Changling Hydraulic Co. Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Jiangsu Changling Hydraulic Co. Ltd (2016–2025)
The table below shows the annual net assets of Jiangsu Changling Hydraulic Co. Ltd from 2016 to 2025. For live market cap and overall valuation, see market cap of Jiangsu Changling Hydraulic Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.18 Billion ≈ $318.34 Million |
+0.99% |
| 2024-12-31 | CN¥2.15 Billion ≈ $315.22 Million |
-0.45% |
| 2023-12-31 | CN¥2.16 Billion ≈ $316.65 Million |
+16.93% |
| 2022-12-31 | CN¥1.85 Billion ≈ $270.80 Million |
+3.85% |
| 2021-12-31 | CN¥1.78 Billion ≈ $260.75 Million |
+149.28% |
| 2020-12-31 | CN¥714.84 Million ≈ $104.60 Million |
+32.85% |
| 2019-12-31 | CN¥538.08 Million ≈ $78.74 Million |
+47.20% |
| 2018-12-31 | CN¥365.53 Million ≈ $53.49 Million |
+19.78% |
| 2017-12-31 | CN¥305.16 Million ≈ $44.65 Million |
+11.85% |
| 2016-12-31 | CN¥272.83 Million ≈ $39.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Changling Hydraulic 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 156.1% over the analyzed period, indicating profitable operations and earnings retention.
Jiangsu Changling Hydraulic Co. Ltd Net Assets Breakdown (December 2025)
Jiangsu Changling Hydraulic Co. Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥663.28 Million | 31.54% |
| Other Components | CN¥1.44 Billion | 68.46% |
| Total Equity | CN¥2.10 Billion | 100.00% |
Jiangsu Changling Hydraulic Co. Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Changling Hydraulic Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Shida Shenghua Chem
SHG:603026
|
$1.69 Billion |
|
Sichuan Anning Iron and Titanium Co
SHE:002978
|
$1.69 Billion |
|
Centrus Energy Corp.
NYSE MKT:LEU
|
$1.69 Billion |
|
Milkyway Chemical Supply Chain Service Co Ltd
SHG:603713
|
$1.69 Billion |
|
Astronics Corporation
NASDAQ:ATRO
|
$1.69 Billion |
|
Kunshan Dongwei Technology Co Ltd
SHG:688700
|
$1.69 Billion |
|
Ultra Clean Holdings Inc
NASDAQ:UCTT
|
$1.68 Billion |
|
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
|
$1.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Changling Hydraulic Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,097,288,801 to 2,103,172,949, a change of 5,884,148 (0.3%).
- Net income of 126,230,324 contributed positively to equity growth.
- Dividend payments of 103,931,584 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥126.23 Million | +6.0% |
| Dividends Paid | CN¥103.93 Million | -4.94% |
| Other Changes | CN¥-16.41 Million | -0.78% |
| Total Change | CN¥- | 0.28% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Changling Hydraulic 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: 5.49x
- 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 3.16x to 5.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥19.49 | CN¥61.59 | x |
| 2017-12-31 | CN¥21.80 | CN¥61.59 | x |
| 2018-12-31 | CN¥3.73 | CN¥61.59 | x |
| 2019-12-31 | CN¥5.27 | CN¥61.59 | x |
| 2020-12-31 | CN¥6.99 | CN¥61.59 | x |
| 2021-12-31 | CN¥13.97 | CN¥61.59 | x |
| 2022-12-31 | CN¥13.54 | CN¥61.59 | x |
| 2023-12-31 | CN¥14.64 | CN¥61.59 | x |
| 2024-12-31 | CN¥14.61 | CN¥61.59 | x |
| 2025-12-31 | CN¥11.23 | CN¥61.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Changling Hydraulic 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): 6.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.75%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.18x
- Recent ROE (6.00%) is below the historical average (17.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.31% | 12.63% | 0.34x | 1.47x | CN¥-10.06 Million |
| 2017 | 25.18% | 23.62% | 0.70x | 1.52x | CN¥46.33 Million |
| 2018 | 43.64% | 28.56% | 1.07x | 1.43x | CN¥122.96 Million |
| 2019 | 31.60% | 27.87% | 0.88x | 1.29x | CN¥116.21 Million |
| 2020 | 32.99% | 27.20% | 0.84x | 1.44x | CN¥164.37 Million |
| 2021 | 11.31% | 22.23% | 0.44x | 1.15x | CN¥23.32 Million |
| 2022 | 6.87% | 14.18% | 0.44x | 1.11x | CN¥-57.93 Million |
| 2023 | 4.82% | 12.61% | 0.32x | 1.20x | CN¥-109.32 Million |
| 2024 | 4.52% | 10.72% | 0.37x | 1.15x | CN¥-115.00 Million |
| 2025 | 6.00% | 11.75% | 0.43x | 1.18x | CN¥-84.09 Million |
Industry Comparison
This section compares Jiangsu Changling Hydraulic Co. Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,379,974,141
- Average return on equity (ROE) among peers: 8.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Changling Hydraulic Co. Ltd (605389) | CN¥2.21 Billion | 6.31% | 0.12x | $1.69 Billion |
| Bosun Tools Co Ltd (002282) | $2.74 Billion | 4.85% | 0.27x | $430.18 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $856.94 Million | 8.88% | 0.04x | $743.45 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.33 Billion | 1.09% | 0.24x | $403.96 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $3.61 Billion | 11.83% | 0.28x | $5.23 Billion |
| Geron Co Ltd (002722) | $556.17 Million | 6.10% | 0.33x | $407.08 Million |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $631.00 Million | 3.76% | 0.33x | $2.31 Billion |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $1.39 Billion | 15.17% | 0.41x | $745.70 Million |
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | $248.85 Million | 24.74% | 0.80x | $585.26 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $1.38 Billion | 3.65% | 0.84x | $501.72 Million |
| Wafangdian Bearing Co Ltd (200706) | $1.04 Billion | 2.35% | 1.08x | $143.90 Million |
About Jiangsu Changling Hydraulic Co. Ltd
JiangSu Changling Hydraulic Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of hydraulic components in China and internationally. The company offers slewing drives, slewing drives for solar tracking systems, hydraulic centre joints, adjuster cylinders, spring tensioning devices, valves, and pin bushing products; central turning joints and spring… Read more