Hainan Jinpan Smart Technology Co. Ltd. A
Hainan Jinpan Smart Technology Co., Ltd. engages in the research and development, production, sale, and servicing of power transmission and distribution, and control equipment products in China. The company offers dry-type transformers and reactors; medium and low voltage switchgears; power electronics equipment comprising integrated photovoltaic inverter grid-connected devices, integrated intell… Read more
Hainan Jinpan Smart Technology Co. Ltd. A (688676) - Net Assets
Latest net assets as of September 2025: CN¥4.71 Billion CNY
Based on the latest financial reports, Hainan Jinpan Smart Technology Co. Ltd. A (688676) has net assets worth CN¥4.71 Billion 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¥10.23 Billion) and total liabilities (CN¥5.53 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¥4.71 Billion |
| % of Total Assets | 46.01% |
| Annual Growth Rate | 18.44% |
| 5-Year Change | 126.61% |
| 10-Year Change | N/A |
| Growth Volatility | 8.02 |
Hainan Jinpan Smart Technology Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Hainan Jinpan Smart Technology 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 Hainan Jinpan Smart Technology Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Hainan Jinpan Smart Technology Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.45 Billion | +34.89% |
| 2023-12-31 | CN¥3.30 Billion | +14.69% |
| 2022-12-31 | CN¥2.87 Billion | +16.73% |
| 2021-12-31 | CN¥2.46 Billion | +25.49% |
| 2020-12-31 | CN¥1.96 Billion | +10.98% |
| 2019-12-31 | CN¥1.77 Billion | +10.96% |
| 2018-12-31 | CN¥1.59 Billion | +17.19% |
| 2017-12-31 | CN¥1.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hainan Jinpan Smart Technology 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 477.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.77 Billion | 39.69% |
| Common Stock | CN¥457.44 Million | 10.28% |
| Other Comprehensive Income | CN¥234.09 Million | 5.26% |
| Other Components | CN¥1.99 Billion | 44.76% |
| Total Equity | CN¥4.45 Billion | 100.00% |
Hainan Jinpan Smart Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Hainan Jinpan Smart Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COWAY Co. Ltd
KO:021240
|
$2.70 Billion |
|
Cactus Inc
NYSE:WHD
|
$2.70 Billion |
|
Nikon Corp
PINK:NINOY
|
$2.70 Billion |
|
Klaviyo, Inc.
NYSE:KVYO
|
$2.70 Billion |
|
PT Sumber Alfaria Trijaya Tbk
PINK:PSBAF
|
$2.70 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
$2.70 Billion |
|
Blue Star Limited
NSE:BLUESTARCO
|
$2.70 Billion |
|
Sotera Health Co
NASDAQ:SHC
|
$2.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hainan Jinpan Smart Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,297,188,000 to 4,449,594,557, a change of 1,152,406,557 (35.0%).
- Net income of 574,421,454 contributed positively to equity growth.
- Dividend payments of 237,763,106 reduced retained earnings.
- Share repurchases of 98,008,356 reduced equity.
- Other comprehensive income increased equity by 234,093,511.
- Other factors increased equity by 679,663,054.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥574.42 Million | +12.91% |
| Dividends Paid | CN¥237.76 Million | -5.34% |
| Share Repurchases | CN¥98.01 Million | -2.2% |
| Other Comprehensive Income | CN¥234.09 Million | +5.26% |
| Other Changes | CN¥679.66 Million | +15.27% |
| Total Change | CN¥- | 34.95% |
Book Value vs Market Value Analysis
This analysis compares Hainan Jinpan Smart Technology 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: 9.40x
- 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 26.22x to 9.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.58 | CN¥93.98 | x |
| 2018-12-31 | CN¥4.19 | CN¥93.98 | x |
| 2019-12-31 | CN¥4.14 | CN¥93.98 | x |
| 2020-12-31 | CN¥4.60 | CN¥93.98 | x |
| 2021-12-31 | CN¥5.78 | CN¥93.98 | x |
| 2022-12-31 | CN¥6.75 | CN¥93.98 | x |
| 2023-12-31 | CN¥7.71 | CN¥93.98 | x |
| 2024-12-31 | CN¥9.99 | CN¥93.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hainan Jinpan Smart Technology 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): 12.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.32%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.16x
- Recent ROE (12.91%) is above the historical average (11.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 4.74% | 3.04% | 0.70x | 2.24x | CN¥-67.77 Million |
| 2018 | 12.16% | 8.83% | 0.72x | 1.93x | CN¥34.26 Million |
| 2019 | 11.92% | 9.36% | 0.68x | 1.87x | CN¥33.87 Million |
| 2020 | 11.83% | 9.56% | 0.60x | 2.05x | CN¥35.90 Million |
| 2021 | 9.53% | 7.10% | 0.61x | 2.19x | CN¥-11.62 Million |
| 2022 | 9.86% | 5.97% | 0.64x | 2.60x | CN¥-4.14 Million |
| 2023 | 15.31% | 7.57% | 0.78x | 2.59x | CN¥174.94 Million |
| 2024 | 12.91% | 8.32% | 0.72x | 2.16x | CN¥129.46 Million |
Industry Comparison
This section compares Hainan Jinpan Smart Technology Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,439,846,079
- Average return on equity (ROE) among peers: 10.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan Jinpan Smart Technology Co. Ltd. A (688676) | CN¥4.71 Billion | 4.74% | 1.17x | $2.70 Billion |
| XJ Electric Co Ltd (000400) | $7.55 Billion | 11.51% | 0.89x | $2.54 Billion |
| Guangdong Macro Co Ltd (000533) | $971.33 Million | 13.39% | 1.48x | $880.32 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $703.62 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.47 Billion | 5.33% | 0.99x | $366.05 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $873.58 Million | 10.72% | 0.86x | $889.01 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $5.66 Billion | 12.76% | 0.31x | $1.58 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $1.22 Billion | 11.09% | 0.26x | $212.27 Million |
| Sieyuan Electric Co Ltd (002028) | $2.91 Billion | 32.63% | 0.33x | $15.18 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.06 Million | -9.17% | 0.66x | $222.14 Million |