Jilin OLED Material Tech Co Ltd (688378) - Net Assets
Based on the latest financial reports, Jilin OLED Material Tech Co Ltd (688378) has net assets worth CN¥2.06 Billion CNY (≈ $300.94 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¥2.76 Billion ≈ $403.65 Million USD) and total liabilities (CN¥701.92 Million ≈ $102.71 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 Jilin OLED Material Tech Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.06 Billion |
| % of Total Assets | 74.55% |
| Annual Growth Rate | 34.7% |
| 5-Year Change | 3.08% |
| 10-Year Change | 1399.9% |
| Growth Volatility | 92.32 |
Jilin OLED Material Tech Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Jilin OLED Material Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See 688378 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jilin OLED Material Tech Co Ltd (2014–2025)
The table below shows the annual net assets of Jilin OLED Material Tech Co Ltd from 2014 to 2025. For live valuation and market cap data, see 688378 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.71 Billion ≈ $249.72 Million |
-1.79% |
| 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 26118798765.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥246.77 Million | 14.46% |
| Other Components | CN¥1.46 Billion | 85.54% |
| Total Equity | CN¥1.71 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 |
|---|---|
|
BioCryst Pharmaceuticals Inc
NASDAQ:BCRX
|
$2.18 Billion |
|
Beijing Cisri Gaona Materials Tech
SHE:300034
|
$2.18 Billion |
|
Qingdao Sentury Tire Co Ltd
SHE:002984
|
$2.18 Billion |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
$2.18 Billion |
|
Jiangzhong Pharmaceutical Co Ltd
SHG:600750
|
$2.18 Billion |
|
Blackstone Digital Infrastructure Trust Inc.
NYSE:BXDC
|
$2.18 Billion |
|
Hengdian Group Tospo Lighting Co Ltd
SHG:603303
|
$2.18 Billion |
|
EIH Limited
NSE:EIHOTEL
|
$2.18 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 2024 to 2025, total equity changed from 1,737,652,258 to 1,706,542,278, a change of -31,109,980 (-1.8%).
- Net income of 80,408,300 contributed positively to equity growth.
- Dividend payments of 54,011,757 reduced retained earnings.
- Other factors decreased equity by 57,506,523.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥80.41 Million | +4.71% |
| Dividends Paid | CN¥54.01 Million | -3.16% |
| Other Changes | CN¥-57.51 Million | -3.37% |
| Total Change | CN¥- | -1.79% |
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: 8.39x
- 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 219.92x to 8.39x 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¥0.26 | CN¥56.98 | x |
| 2015-12-31 | CN¥0.27 | CN¥56.98 | x |
| 2016-12-31 | CN¥2.10 | CN¥56.98 | x |
| 2017-12-31 | CN¥0.43 | CN¥56.98 | x |
| 2018-12-31 | CN¥1.03 | CN¥56.98 | x |
| 2019-12-31 | CN¥2.66 | CN¥56.98 | x |
| 2020-12-31 | CN¥7.89 | CN¥56.98 | x |
| 2021-12-31 | CN¥6.87 | CN¥56.98 | x |
| 2022-12-31 | CN¥6.95 | CN¥56.98 | x |
| 2023-12-31 | CN¥7.27 | CN¥56.98 | x |
| 2024-12-31 | CN¥6.88 | CN¥56.98 | x |
| 2025-12-31 | CN¥6.79 | CN¥56.98 | 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): 4.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.94%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.31x
- Recent ROE (4.71%) is below the historical average (5.98%), 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 |
| 2025 | 4.71% | 13.94% | 0.26x | 1.31x | CN¥-90.25 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: $3,574,587,449
- Average return on equity (ROE) among peers: 9.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jilin OLED Material Tech Co Ltd (688378) | CN¥2.06 Billion | -33.27% | 0.34x | $2.18 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $351.19 Million | 0.65% | 0.36x | $390.84 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $6.57 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $989.28 Million | 9.64% | 1.17x | $737.44 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.02 Billion | 4.81% | 1.07x | $3.51 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $3.12 Billion | 24.63% | 0.08x | $9.61 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.08 Billion | 0.46% | 0.67x | $1.50 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $10.20 Billion | 5.81% | 0.68x | $1.27 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $268.26 Million | 17.39% | 2.70x | $751.43 Million |
| Zhejiang Transfar Co Ltd (002010) | $104.13 Million | 34.21% | 0.82x | $1.98 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $468.74 Million |
About Jilin OLED Material Tech Co Ltd
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