Jiangsu Liance Electromechanical Technology Co. Ltd. A

SHG:688113 China Electrical Equipment & Parts
Market Cap
$365.99 Million
CN¥2.69 Billion CNY
Market Cap Rank
#15185 Global
#4050 in China
Share Price
CN¥41.70
Change (1 day)
-0.33%
52-Week Range
CN¥25.83 - CN¥47.24
All Time High
CN¥79.17
About

Jiangsu Liance Electromechanical Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of intelligent power system testing equipment in China and internationally. The company offers test benches, test lines, testing support equipment, environmental inspection systems, and equipment upgrades and modifications; and provides power system … Read more

Jiangsu Liance Electromechanical Technology Co. Ltd. A (688113) - Net Assets

Latest net assets as of September 2025: CN¥1.02 Billion CNY

Based on the latest financial reports, Jiangsu Liance Electromechanical Technology Co. Ltd. A (688113) has net assets worth CN¥1.02 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¥1.53 Billion) and total liabilities (CN¥515.94 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¥1.02 Billion
% of Total Assets 66.37%
Annual Growth Rate 26.86%
5-Year Change 165.52%
10-Year Change N/A
Growth Volatility 27.04

Jiangsu Liance Electromechanical Technology Co. Ltd. A - Net Assets Trend (2017–2024)

This chart illustrates how Jiangsu Liance Electromechanical Technology Co. Ltd. A'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 Liance Electromechanical Technology Co. Ltd. A (2017–2024)

The table below shows the annual net assets of Jiangsu Liance Electromechanical Technology Co. Ltd. A from 2017 to 2024.

Year Net Assets Change
2024-12-31 CN¥944.29 Million +5.58%
2023-12-31 CN¥894.39 Million +12.52%
2022-12-31 CN¥794.84 Million +15.82%
2021-12-31 CN¥686.26 Million +92.97%
2020-12-31 CN¥355.63 Million +26.40%
2019-12-31 CN¥281.37 Million +26.50%
2018-12-31 CN¥222.42 Million +24.55%
2017-12-31 CN¥178.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Liance Electromechanical Technology Co. Ltd. A'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 1480.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥407.59 Million 44.37%
Common Stock CN¥64.40 Million 7.01%
Other Components CN¥446.53 Million 48.61%
Total Equity CN¥918.52 Million 100.00%

Jiangsu Liance Electromechanical Technology Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Jiangsu Liance Electromechanical Technology Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 871,748,143 to 918,523,078, a change of 46,774,935 (5.4%).
  • Net income of 82,504,995 contributed positively to equity growth.
  • Dividend payments of 36,511,311 reduced retained earnings.
  • Other comprehensive income decreased equity by 63,292,806.
  • Other factors increased equity by 64,074,057.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥82.50 Million +8.98%
Dividends Paid CN¥36.51 Million -3.98%
Other Comprehensive Income CN¥-63.29 Million -6.89%
Other Changes CN¥64.07 Million +6.98%
Total Change CN¥- 5.37%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Liance Electromechanical Technology Co. Ltd. A'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: 2.90x
  • 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 10.55x to 2.90x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥3.95 CN¥41.70 x
2018-12-31 CN¥4.82 CN¥41.70 x
2019-12-31 CN¥6.23 CN¥41.70 x
2020-12-31 CN¥7.50 CN¥41.70 x
2021-12-31 CN¥10.77 CN¥41.70 x
2022-12-31 CN¥12.12 CN¥41.70 x
2023-12-31 CN¥13.56 CN¥41.70 x
2024-12-31 CN¥14.36 CN¥41.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Liance Electromechanical Technology Co. Ltd. A 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): 8.98%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.73%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.43x
  • Recent ROE (8.98%) is below the historical average (14.49%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 16.20% 17.56% 0.41x 2.26x CN¥11.07 Million
2018 16.40% 16.33% 0.44x 2.29x CN¥14.24 Million
2019 21.89% 19.50% 0.53x 2.13x CN¥33.46 Million
2020 20.41% 20.24% 0.55x 1.85x CN¥37.01 Million
2021 11.15% 22.57% 0.35x 1.43x CN¥7.88 Million
2022 10.48% 21.75% 0.33x 1.46x CN¥3.72 Million
2023 10.40% 18.31% 0.39x 1.44x CN¥3.48 Million
2024 8.98% 16.73% 0.38x 1.43x CN¥-9.35 Million

Industry Comparison

This section compares Jiangsu Liance Electromechanical Technology Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $2,439,846,079
  • Average return on equity (ROE) among peers: 10.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Liance Electromechanical Technology Co. Ltd. A (688113) CN¥1.02 Billion 16.20% 0.51x $194.47 Million
XJ Electric Co Ltd (000400) $7.55 Billion 11.51% 0.89x $2.54 Billion
Guangdong Macro Co Ltd (000533) $971.33 Million 13.39% 1.48x $880.32 Million
Foshan Electrical and Lighting Co Ltd (000541) $2.39 Billion 11.14% 0.11x $703.62 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.47 Billion 5.33% 0.99x $366.05 Million
Huagong Tech Co Ltd (000988) $1.16 Billion 4.84% 1.06x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $873.58 Million 10.72% 0.86x $889.01 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $5.66 Billion 12.76% 0.31x $1.58 Billion
Guangdong Xinyaguang Cable Co (001382) $1.22 Billion 11.09% 0.26x $212.27 Million
Sieyuan Electric Co Ltd (002028) $2.91 Billion 32.63% 0.33x $15.18 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.06 Million -9.17% 0.66x $222.14 Million