Jiangsu Longda Superalloy Co. Ltd. A

SHG:688231 China Other Industrial Metals & Mining
Market Cap
$1.14 Billion
CN¥8.33 Billion CNY
Market Cap Rank
#10447 Global
#2317 in China
Share Price
CN¥33.75
Change (1 day)
-1.40%
52-Week Range
CN¥13.59 - CN¥37.54
All Time High
CN¥43.89
About

Jiangsu Longda Superalloy Co., Ltd. engages in research, development, production, and sale of alloy and superalloy materials in China and internationally. The company offers superalloy rod, wrought superalloy, high temperature cast master alloy, and IN718; nickel base alloy tube, U type nickel base alloy tube, and nickel base alloy sheet; and copper-nickel alloy coil, copper-nickel alloy flange f… Read more

Jiangsu Longda Superalloy Co. Ltd. A (688231) - Net Assets

Latest net assets as of June 2025: CN¥2.76 Billion CNY

Based on the latest financial reports, Jiangsu Longda Superalloy Co. Ltd. A (688231) has net assets worth CN¥2.76 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.82 Billion) and total liabilities (CN¥1.06 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¥2.76 Billion
% of Total Assets 72.34%
Annual Growth Rate 58.25%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 195.7

Jiangsu Longda Superalloy Co. Ltd. A - Net Assets Trend (2020–2024)

This chart illustrates how Jiangsu Longda Superalloy 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 Longda Superalloy Co. Ltd. A (2020–2024)

The table below shows the annual net assets of Jiangsu Longda Superalloy Co. Ltd. A from 2020 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.70 Billion -2.85%
2023-12-31 CN¥2.78 Billion -0.63%
2022-12-31 CN¥2.80 Billion +456.05%
2021-12-31 CN¥503.64 Million +16.83%
2020-12-31 CN¥431.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Longda Superalloy 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 829.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥121.30 Million 4.49%
Other Components CN¥2.58 Billion 95.51%
Total Equity CN¥2.70 Billion 100.00%

Jiangsu Longda Superalloy Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Jiangsu Longda Superalloy Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,780,290,734 to 2,703,609,853, a change of -76,680,881 (-2.8%).
  • Net income of 66,114,023 contributed positively to equity growth.
  • Dividend payments of 84,073,345 reduced retained earnings.
  • Other factors decreased equity by 58,721,559.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥66.11 Million +2.45%
Dividends Paid CN¥84.07 Million -3.11%
Other Changes CN¥-58.72 Million -2.17%
Total Change CN¥- -2.76%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Longda Superalloy 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: 3.08x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-12-31 CN¥0.00 CN¥33.75 x
2021-12-31 CN¥2.72 CN¥33.75 x
2022-12-31 CN¥11.34 CN¥33.75 x
2023-12-31 CN¥11.26 CN¥33.75 x
2024-12-31 CN¥10.95 CN¥33.75 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Longda Superalloy 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): 2.45%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.75%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 1.32x
  • Recent ROE (2.45%) is below the historical average (4.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 0.00% 6.27% 0.62x 0.00x CN¥33.84 Million
2021 13.94% 9.67% 0.64x 2.26x CN¥19.84 Million
2022 3.37% 9.92% 0.30x 1.13x CN¥-185.61 Million
2023 1.99% 4.59% 0.36x 1.21x CN¥-222.65 Million
2024 2.45% 4.75% 0.39x 1.32x CN¥-204.25 Million

Industry Comparison

This section compares Jiangsu Longda Superalloy Co. Ltd. A's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $4,050,550,397
  • Average return on equity (ROE) among peers: -2.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Longda Superalloy Co. Ltd. A (688231) CN¥2.76 Billion 0.00% 0.38x $483.97 Million
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) $12.84 Billion 7.75% 0.90x $2.31 Billion
Shengda Mining Co Ltd (000603) $137.02 Million -70.66% 1.02x $2.08 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) $8.87 Billion 10.35% 1.29x $2.61 Billion
China Tungsten and Hightech Materials Co Ltd (000657) $5.63 Billion 9.36% 0.74x $11.02 Billion
Guocheng Mining Co Ltd (000688) $1.04 Billion 2.34% 0.72x $1.64 Billion
Huludao Zinc Industry Co Ltd (000751) $-3.38 Billion 0.00% 0.00x $885.40 Million
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) $8.99 Billion 0.24% 1.46x $1.24 Billion
Tibet Mineral Development Co Ltd (000762) $2.60 Billion 5.40% 0.11x $1.57 Billion
Innuovo Technology Co Ltd Class A (000795) $2.00 Billion 1.73% 0.26x $694.51 Million
Yunnan Tin Co Ltd (000960) $1.77 Billion 11.99% 1.41x $4.62 Billion