Jilin OLED Material Tech Co Ltd (688378) - Net Assets

Latest as of September 2025: CN¥1.67 Billion CNY ≈ $243.70 Million USD

Based on the latest financial reports, Jilin OLED Material Tech Co Ltd (688378) has net assets worth CN¥1.67 Billion CNY (≈ $243.70 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.35 Billion ≈ $344.29 Million USD) and total liabilities (CN¥687.42 Million ≈ $100.59 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 asset resilience ratio of Jilin OLED Material Tech Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.67 Billion
% of Total Assets 70.78%
Annual Growth Rate 39.02%
5-Year Change 9.75%
10-Year Change 2659.32%
Growth Volatility 94.82

Jilin OLED Material Tech Co Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Jilin OLED Material Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Jilin OLED Material Tech Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Jilin OLED Material Tech Co Ltd (2014–2024)

The table below shows the annual net assets of Jilin OLED Material Tech Co Ltd from 2014 to 2024. For live valuation and market cap data, see 688378 stock market capitalisation.

Year Net Assets Change
2024-12-31 CN¥1.74 Billion
≈ $254.27 Million
-2.23%
2023-12-31 CN¥1.78 Billion
≈ $260.07 Million
+6.43%
2022-12-31 CN¥1.67 Billion
≈ $244.36 Million
+0.87%
2021-12-31 CN¥1.66 Billion
≈ $242.25 Million
+4.56%
2020-12-31 CN¥1.58 Billion
≈ $231.69 Million
+250.95%
2019-12-31 CN¥451.15 Million
≈ $66.02 Million
+196.12%
2018-12-31 CN¥152.36 Million
≈ $22.29 Million
+140.73%
2017-12-31 CN¥63.29 Million
≈ $9.26 Million
-44.37%
2016-12-31 CN¥113.78 Million
≈ $16.65 Million
+80.67%
2015-12-31 CN¥62.97 Million
≈ $9.22 Million
-2.23%
2014-12-31 CN¥64.41 Million
≈ $9.42 Million
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Equity Component Analysis

This analysis shows how different components contribute to Jilin OLED Material Tech 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 25063055400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥236.21 Million 13.59%
Common Stock CN¥208.15 Million 11.98%
Other Components CN¥1.29 Billion 74.43%
Total Equity CN¥1.74 Billion 100.00%

Jilin OLED Material Tech Co Ltd Competitors by Market Cap

The table below lists competitors of Jilin OLED Material Tech Co Ltd ranked by their market capitalization.

Company Market Cap
BEML Limited
NSE:BEML
$1.68 Billion
UFP Technologies Inc
NASDAQ:UFPT
$1.68 Billion
Chinese Universe Publishing And Media Co Ltd
SHG:600373
$1.68 Billion
Marqeta Inc
NASDAQ:MQ
$1.68 Billion
Machvision Inc
TW:3563
$1.68 Billion
Ningbo PIA Automation Holding Corp. A
SHG:688306
$1.68 Billion
S-1 Corp
KO:012750
$1.68 Billion
Bird Construction Inc.
TO:BDT
$1.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jilin OLED Material Tech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,777,256,211 to 1,737,652,258, a change of -39,603,953 (-2.2%).
  • Net income of 90,432,815 contributed positively to equity growth.
  • Dividend payments of 121,816,096 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥90.43 Million +5.2%
Dividends Paid CN¥121.82 Million -7.01%
Other Changes CN¥-8.22 Million -0.47%
Total Change CN¥- -2.23%

Book Value vs Market Value Analysis

This analysis compares Jilin OLED Material Tech 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: 5.58x
  • 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 decreased from 148.42x to 5.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 CN¥0.31 CN¥46.13 x
2015-12-31 CN¥0.32 CN¥46.13 x
2016-12-31 CN¥2.10 CN¥46.13 x
2017-12-31 CN¥0.51 CN¥46.13 x
2018-12-31 CN¥1.24 CN¥46.13 x
2019-12-31 CN¥3.19 CN¥46.13 x
2020-12-31 CN¥9.47 CN¥46.13 x
2021-12-31 CN¥8.25 CN¥46.13 x
2022-12-31 CN¥8.34 CN¥46.13 x
2023-12-31 CN¥8.72 CN¥46.13 x
2024-12-31 CN¥8.26 CN¥46.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jilin OLED Material Tech 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): 5.20%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.97%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 1.25x
  • Recent ROE (5.20%) is below the historical average (6.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 -33.27% -48.31% 0.19x 3.56x CN¥-12.04 Million
2015 1.12% 1.42% 0.26x 3.07x CN¥-2.48 Million
2016 2.85% 7.15% 0.20x 2.04x CN¥-5.44 Million
2017 -17.77% -27.14% 0.13x 5.15x CN¥-17.58 Million
2018 58.46% 33.94% 0.53x 3.22x CN¥73.83 Million
2019 24.09% 36.14% 0.36x 1.83x CN¥63.55 Million
2020 4.54% 25.36% 0.14x 1.28x CN¥-86.41 Million
2021 8.22% 33.52% 0.19x 1.32x CN¥-29.49 Million
2022 6.77% 24.64% 0.21x 1.29x CN¥-53.95 Million
2023 6.88% 23.64% 0.23x 1.25x CN¥-55.46 Million
2024 5.20% 16.97% 0.24x 1.25x CN¥-83.33 Million

Industry Comparison

This section compares Jilin OLED Material Tech Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $757,076,135
  • Average return on equity (ROE) among peers: 17.07%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jilin OLED Material Tech Co Ltd (688378) CN¥1.67 Billion -33.27% 0.41x $1.68 Billion
Chongqing Sanxia Paints Co Ltd (000565) $132.89 Million 13.77% 0.98x $508.22 Million
Hengyi Petrochemical Co Ltd (000703) $187.55 Million -10.77% 0.62x $9.61 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $1.24 Billion 2.83% 1.13x $754.52 Million
Luxi Chemical Group Co Ltd (000830) $2.59 Billion 8.19% 3.36x $4.71 Billion
China Minmetals Rare Earth Co Ltd (000831) $92.67 Million 58.60% 2.88x $8.64 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $158.61 Million 29.32% 1.96x $1.21 Billion
Cofco Biochemical Anhui Co Ltd (000930) $98.99 Million 29.63% 2.11x $1.62 Billion
Shandong Link Science and Technology Co Ltd (001207) $1.77 Billion 9.55% 0.33x $583.32 Million
Zhejiang Transfar Co Ltd (002010) $516.04 Million 15.39% 0.20x $2.36 Billion
Poly Union Chemical Holding Group Co Ltd (002037) $790.80 Million 14.23% 1.34x $604.70 Million

About Jilin OLED Material Tech Co Ltd

SHG:688378 China Specialty Chemicals
Market Cap
$1.68 Billion
CN¥11.50 Billion CNY
Market Cap Rank
#6951 Global
#1617 in China
Share Price
CN¥46.13
Change (1 day)
+4.13%
52-Week Range
CN¥15.38 - CN¥46.13
All Time High
CN¥46.13
About

Jilin OLED Material Tech Co., Ltd., together with its subsidiaries, engages in the research and development, production, sale, and service of materials and equipment in the organic light-emitting diode (OLED) industry in China and internationally. It operates through OLED Key Functional Materials Business, and Steam Source Equipment Business segments. The company offers electronic functional mate… Read more