Jing Jin Electric Technologies Co Ltd (688280) - Net Assets
Based on the latest financial reports, Jing Jin Electric Technologies Co Ltd (688280) has net assets worth CN¥644.88 Million CNY (≈ $94.37 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¥3.06 Billion ≈ $448.38 Million USD) and total liabilities (CN¥2.42 Billion ≈ $354.02 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. Check 688280 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥644.88 Million |
| % of Total Assets | 21.05% |
| Annual Growth Rate | 1.77% |
| 5-Year Change | -63.44% |
| 10-Year Change | N/A |
| Growth Volatility | 96.15 |
Jing Jin Electric Technologies Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Jing Jin Electric Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jing Jin Electric Technologies Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jing Jin Electric Technologies Co Ltd (2017–2025)
The table below shows the annual net assets of Jing Jin Electric Technologies Co Ltd from 2017 to 2025. For live valuation and market cap data, see market cap of Jing Jin Electric Technologies Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥734.56 Million ≈ $107.49 Million |
+26.71% |
| 2024-12-31 | CN¥579.72 Million ≈ $84.83 Million |
-42.88% |
| 2023-12-31 | CN¥1.01 Billion ≈ $148.52 Million |
-36.01% |
| 2022-12-31 | CN¥1.59 Billion ≈ $232.12 Million |
-21.06% |
| 2021-12-31 | CN¥2.01 Billion ≈ $294.04 Million |
+265.43% |
| 2020-12-31 | CN¥549.87 Million ≈ $80.46 Million |
-40.08% |
| 2019-12-31 | CN¥917.70 Million ≈ $134.29 Million |
+49.87% |
| 2018-12-31 | CN¥612.35 Million ≈ $89.61 Million |
-4.09% |
| 2017-12-31 | CN¥638.46 Million ≈ $93.43 Million |
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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 240124275883.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.22 Billion | 438.16% |
| Total Equity | CN¥734.56 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 |
|---|---|
|
Top Resource Conservation Engineering Co Ltd
SHE:300332
|
$534.63 Million |
|
Rashi Peripherals Limited
NSE:RPTECH
|
$534.97 Million |
|
Organización Cultiba S.A.B. de C.V
MX:CULTIBAB
|
$535.11 Million |
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
$535.28 Million |
|
Levinstein Eng
TA:LEVI
|
$534.53 Million |
|
Sariguna Primatirta PT
JK:CLEO
|
$534.40 Million |
|
Ningbo Tianlong Electronics Co Ltd
SHG:603266
|
$534.34 Million |
|
Ur Energy Inc
NYSE MKT:URG
|
$534.22 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 2024 to 2025, total equity changed from 579,722,352 to 734,555,574, a change of 154,833,222 (26.7%).
- Net income of 161,745,400 contributed positively to equity growth.
- Dividend payments of 8,693,548 reduced retained earnings.
- Other comprehensive income decreased equity by 46,467,292.
- Other factors increased equity by 48,248,662.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥161.75 Million | +22.02% |
| Dividends Paid | CN¥8.69 Million | -1.18% |
| Other Comprehensive Income | CN¥-46.47 Million | -6.33% |
| Other Changes | CN¥48.25 Million | +6.57% |
| Total Change | CN¥- | 26.71% |
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: 5.05x
- 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 1.13x to 5.05x 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¥6.19 | x |
| 2018-12-31 | CN¥5.04 | CN¥6.19 | x |
| 2019-12-31 | CN¥2.26 | CN¥6.19 | x |
| 2020-12-31 | CN¥1.25 | CN¥6.19 | x |
| 2021-12-31 | CN¥4.32 | CN¥6.19 | x |
| 2022-12-31 | CN¥2.70 | CN¥6.19 | x |
| 2023-12-31 | CN¥1.72 | CN¥6.19 | x |
| 2024-12-31 | CN¥0.98 | CN¥6.19 | x |
| 2025-12-31 | CN¥1.23 | CN¥6.19 | 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): 22.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.93%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 4.07x
- Recent ROE (22.02%) is above the historical average (-30.80%), indicating improving 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% | -66.60% | 0.34x | 2.52x | CN¥-678.44 Million |
| 2024 | -75.28% | -33.44% | 0.51x | 4.43x | CN¥-494.39 Million |
| 2025 | 22.02% | 5.93% | 0.91x | 4.07x | CN¥88.29 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: $1,509,898,498
- Average return on equity (ROE) among peers: 9.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jing Jin Electric Technologies Co Ltd (688280) | CN¥644.88 Million | -12.93% | 3.75x | $534.62 Million |
| FAWER Automotive Parts Ltd Co (000030) | $8.47 Billion | 5.92% | 0.80x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $445.83 Million | 12.50% | 0.68x | $6.67 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $427.94 Million | 15.75% | 0.49x | $2.03 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $56.90 Million | 35.22% | 2.35x | $966.83 Million |
| Qingdao Doublestar Co Ltd (000599) | $2.38 Billion | -25.26% | 3.14x | $1.55 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.32 Billion | 0.87% | 1.12x | $653.72 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.39 Billion | 17.69% | 1.83x | $2.08 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $285.31 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $334.20 Million | 2.19% | 0.85x | $4.21 Billion |
About 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