Guangzhou Jet Bio-Filtration Co Ltd

SHG:688026 China Medical Instruments & Supplies
Market Cap
$340.14 Million
CN¥2.50 Billion CNY
Market Cap Rank
#15495 Global
#4127 in China
Share Price
CN¥17.78
Change (1 day)
-0.11%
52-Week Range
CN¥12.22 - CN¥21.22
All Time High
CN¥84.48
About

Guangzhou Jet Bio-Filtration Co., Ltd. researches, develops, manufactures, and sells biological laboratory consumable products. Its products include bioprocess, biological culture, liquid handling and storage, filtration products, molecular biology, cellsafe, medical consumables, biological reagents, laboratory equipment, petri dishes, ELISA plates, immuno micro plates, inoculating loops and need… Read more

Guangzhou Jet Bio-Filtration Co Ltd (688026) - Net Assets

Latest net assets as of September 2025: CN¥1.25 Billion CNY

Based on the latest financial reports, Guangzhou Jet Bio-Filtration Co Ltd (688026) has net assets worth CN¥1.25 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¥1.75 Billion) and total liabilities (CN¥502.66 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¥1.25 Billion
% of Total Assets 71.25%
Annual Growth Rate 27.59%
5-Year Change 50.21%
10-Year Change 902.13%
Growth Volatility 33.73

Guangzhou Jet Bio-Filtration Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Guangzhou Jet Bio-Filtration 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 Guangzhou Jet Bio-Filtration Co Ltd (2013–2024)

The table below shows the annual net assets of Guangzhou Jet Bio-Filtration Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.20 Billion +3.41%
2023-12-31 CN¥1.16 Billion +1.53%
2022-12-31 CN¥1.14 Billion +17.32%
2021-12-31 CN¥971.82 Million +21.95%
2020-12-31 CN¥796.89 Million +128.92%
2019-12-31 CN¥348.11 Million +23.46%
2018-12-31 CN¥281.96 Million +51.76%
2017-12-31 CN¥185.79 Million +27.55%
2016-12-31 CN¥145.66 Million +21.95%
2015-12-31 CN¥119.45 Million +32.45%
2014-12-31 CN¥90.19 Million +9.93%
2013-12-31 CN¥82.04 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangzhou Jet Bio-Filtration 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 1117.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥465.77 Million 39.15%
Common Stock CN¥140.36 Million 11.80%
Other Comprehensive Income CN¥200.09 Million 16.82%
Other Components CN¥383.56 Million 32.24%
Total Equity CN¥1.19 Billion 100.00%

Guangzhou Jet Bio-Filtration Co Ltd Competitors by Market Cap

The table below lists competitors of Guangzhou Jet Bio-Filtration Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangzhou Jet Bio-Filtration Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,156,965,623 to 1,189,780,067, a change of 32,814,444 (2.8%).
  • Net income of 72,189,560 contributed positively to equity growth.
  • Dividend payments of 12,319,661 reduced retained earnings.
  • Share repurchases of 30,000,946 reduced equity.
  • Other comprehensive income increased equity by 9,027,174.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥72.19 Million +6.07%
Dividends Paid CN¥12.32 Million -1.04%
Share Repurchases CN¥30.00 Million -2.52%
Other Comprehensive Income CN¥9.03 Million +0.76%
Other Changes CN¥-6.08 Million -0.51%
Total Change CN¥- 2.84%

Book Value vs Market Value Analysis

This analysis compares Guangzhou Jet Bio-Filtration 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: 2.07x
  • 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 8.83x to 2.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥2.01 CN¥17.78 x
2014-12-31 CN¥1.58 CN¥17.78 x
2015-12-31 CN¥2.81 CN¥17.78 x
2016-12-31 CN¥3.42 CN¥17.78 x
2017-12-31 CN¥1.91 CN¥17.78 x
2018-12-31 CN¥2.86 CN¥17.78 x
2019-12-31 CN¥2.49 CN¥17.78 x
2020-12-31 CN¥5.69 CN¥17.78 x
2021-12-31 CN¥6.94 CN¥17.78 x
2022-12-31 CN¥8.12 CN¥17.78 x
2023-12-31 CN¥8.31 CN¥17.78 x
2024-12-31 CN¥8.57 CN¥17.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangzhou Jet Bio-Filtration 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): 6.07%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.92%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 1.43x
  • Recent ROE (6.07%) is below the historical average (13.63%), 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 16.52% 19.36% 0.56x 1.52x CN¥5.35 Million
2014 9.04% 9.23% 0.56x 1.76x CN¥-869.20K
2015 11.25% 13.07% 0.55x 1.56x CN¥1.49 Million
2016 17.91% 21.02% 0.62x 1.38x CN¥11.52 Million
2017 21.71% 24.16% 0.73x 1.24x CN¥21.76 Million
2018 18.74% 25.47% 0.63x 1.16x CN¥24.64 Million
2019 19.00% 26.73% 0.62x 1.14x CN¥31.34 Million
2020 14.98% 23.69% 0.52x 1.22x CN¥39.68 Million
2021 17.61% 20.00% 0.72x 1.21x CN¥73.98 Million
2022 7.70% 14.38% 0.38x 1.41x CN¥-26.23 Million
2023 3.01% 7.51% 0.28x 1.41x CN¥-80.91 Million
2024 6.07% 12.92% 0.33x 1.43x CN¥-46.79 Million

Industry Comparison

This section compares Guangzhou Jet Bio-Filtration Co Ltd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.

Industry Context

  • Industry: Medical Instruments & Supplies
  • Average net assets among peers: $2,246,530,775
  • Average return on equity (ROE) among peers: 12.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangzhou Jet Bio-Filtration Co Ltd (688026) CN¥1.25 Billion 16.52% 0.40x $182.59 Million
Beijing Centergate Technologies Holding Co Ltd (000931) $2.03 Billion -9.26% 2.64x $356.80 Million
Blue Sail Medical Co Ltd (002382) $10.54 Billion 10.97% 0.61x $763.05 Million
Andon Health Co Ltd (002432) $758.75 Million 1.34% 0.32x $2.12 Billion
Allmed Medical Products Co Ltd Class A (002950) $2.75 Billion 15.67% 0.82x $346.13 Million
Guangzhou Improve Med Instrument (300030) $592.55 Million 4.90% 0.10x $234.74 Million
Shanghai Tofflon Science Tech (300171) $2.41 Billion 11.06% 0.57x $784.88 Million
Truking Technology Ltd (300358) $320.32 Million 29.77% 1.35x $545.42 Million
Jiangxi Sanxin Medtec Co Ltd (300453) $1.41 Billion 16.14% 0.58x $438.45 Million
Shenyang Xingqi Pharmaceutical Co Ltd (300573) $1.55 Billion 13.64% 0.15x $1.62 Billion
Autek China Inc (300595) $105.24 Million 28.59% 0.10x $1.21 Billion