Jing Jin Electric Technologies Co Ltd
Jing-jin Electric Technologies Co.,Ltd. develops solutions for passenger and commercial vehicles in China and internationally. Its products include electric motors, such as round wire, hairpin winding, and induction motor; passenger and vehicle electric driving module, including high energy efficiency integrated range extender, electric driving module, speed automatic transmission, light duty ser… Read more
Jing Jin Electric Technologies Co Ltd (688280) - Net Assets
Latest net assets as of September 2025: CN¥666.06 Million CNY
Based on the latest financial reports, Jing Jin Electric Technologies Co Ltd (688280) has net assets worth CN¥666.06 Million 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¥3.06 Billion) and total liabilities (CN¥2.39 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¥666.06 Million |
| % of Total Assets | 21.77% |
| Annual Growth Rate | -1.37% |
| 5-Year Change | 5.43% |
| 10-Year Change | N/A |
| Growth Volatility | 102.79 |
Jing Jin Electric Technologies Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Jing Jin Electric Technologies 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 Jing Jin Electric Technologies Co Ltd (2017–2024)
The table below shows the annual net assets of Jing Jin Electric Technologies Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥579.72 Million | -42.88% |
| 2023-12-31 | CN¥1.01 Billion | -36.01% |
| 2022-12-31 | CN¥1.59 Billion | -21.06% |
| 2021-12-31 | CN¥2.01 Billion | +265.43% |
| 2020-12-31 | CN¥549.87 Million | -40.08% |
| 2019-12-31 | CN¥917.70 Million | +49.87% |
| 2018-12-31 | CN¥612.35 Million | -4.09% |
| 2017-12-31 | CN¥638.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jing Jin Electric Technologies 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 decreased by 255166123119.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥590.22 Million | 101.81% |
| Other Comprehensive Income | CN¥46.47 Million | 8.02% |
| Other Components | CN¥2.58 Billion | 444.60% |
| Total Equity | CN¥579.72 Million | 100.00% |
Jing Jin Electric Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Jing Jin Electric Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
$463.94 Million |
|
Shenzhen Qingyi Photomask Ltd
SHG:688138
|
$464.08 Million |
|
Plejd AB (publ)
F:3CA
|
$464.11 Million |
|
METAWATER CO.LTD
F:2MW
|
$464.12 Million |
|
Sino-High (China) Co. Ltd.
SHE:301076
|
$463.89 Million |
|
Jubilant Ingrevia Limited
NSE:JUBLINGREA
|
$463.89 Million |
|
SP GROUP AS NAM. DK 2
F:1PU2
|
$463.76 Million |
|
Century Plyboards (India) Limited
NSE:CENTURYPLY
|
$463.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jing Jin Electric Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,014,989,732 to 579,722,352, a change of -435,267,380 (-42.9%).
- Net loss of 436,413,330 reduced equity.
- Dividend payments of 11,965,095 reduced retained earnings.
- Other comprehensive income increased equity by 1,145,951.
- Other factors increased equity by 11,965,094.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-436.41 Million | -75.28% |
| Dividends Paid | CN¥11.97 Million | -2.06% |
| Other Comprehensive Income | CN¥1.15 Million | +0.2% |
| Other Changes | CN¥11.97 Million | +2.06% |
| Total Change | CN¥- | -42.88% |
Book Value vs Market Value Analysis
This analysis compares Jing Jin Electric Technologies 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: 10.94x
- 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 1.96x to 10.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥5.49 | CN¥10.75 | x |
| 2018-12-31 | CN¥5.04 | CN¥10.75 | x |
| 2019-12-31 | CN¥1.55 | CN¥10.75 | x |
| 2020-12-31 | CN¥0.93 | CN¥10.75 | x |
| 2021-12-31 | CN¥3.40 | CN¥10.75 | x |
| 2022-12-31 | CN¥2.69 | CN¥10.75 | x |
| 2023-12-31 | CN¥1.72 | CN¥10.75 | x |
| 2024-12-31 | CN¥0.98 | CN¥10.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jing Jin Electric Technologies 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): -75.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.44%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 4.43x
- Recent ROE (-75.28%) is below the historical average (-37.40%), 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 | -12.93% | -10.61% | 0.53x | 2.31x | CN¥-146.43 Million |
| 2018 | -12.89% | -9.30% | 0.51x | 2.74x | CN¥-140.17 Million |
| 2019 | -27.90% | -32.42% | 0.48x | 1.80x | CN¥-347.81 Million |
| 2020 | -68.95% | -65.57% | 0.37x | 2.83x | CN¥-434.14 Million |
| 2021 | -19.91% | -54.34% | 0.22x | 1.68x | CN¥-601.07 Million |
| 2022 | -24.48% | -38.05% | 0.34x | 1.88x | CN¥-546.98 Million |
| 2023 | -56.84% | -69.74% | 0.32x | 2.52x | CN¥-678.44 Million |
| 2024 | -75.28% | -33.44% | 0.51x | 4.43x | CN¥-494.39 Million |
Industry Comparison
This section compares Jing Jin Electric Technologies Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jing Jin Electric Technologies Co Ltd (688280) | CN¥666.06 Million | -12.93% | 3.59x | $463.92 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |