Jilin Joinature Polymer Co Ltd
Jilin Joinature Polymer Co.,Ltd. engages in the research and development, production, and sale of polyetheretherketone raw materials in China. The company offers pure resin pellet, pure resin fine powder, pure resin coarse powder, glass filled fiber reinforced, carbon fiber reinforcement, and super wear resistant products. Its products have applications in the profile, medical, wire and cable, el… Read more
Jilin Joinature Polymer Co Ltd (688716) - Net Assets
Latest net assets as of June 2025: CN¥1.18 Billion CNY
Based on the latest financial reports, Jilin Joinature Polymer Co Ltd (688716) has net assets worth CN¥1.18 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.34 Billion) and total liabilities (CN¥156.70 Million). 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¥1.18 Billion |
| % of Total Assets | 88.27% |
| Annual Growth Rate | 59.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 116.43 |
Jilin Joinature Polymer Co Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Jilin Joinature Polymer 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 Jilin Joinature Polymer Co Ltd (2021–2024)
The table below shows the annual net assets of Jilin Joinature Polymer Co Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.17 Billion | +1.29% |
| 2023-12-31 | CN¥1.16 Billion | +253.59% |
| 2022-12-31 | CN¥327.28 Million | +12.30% |
| 2021-12-31 | CN¥291.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jilin Joinature Polymer 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 92.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥136.42 Million | 11.64% |
| Other Components | CN¥1.04 Billion | 88.36% |
| Total Equity | CN¥1.17 Billion | 100.00% |
Jilin Joinature Polymer Co Ltd Competitors by Market Cap
The table below lists competitors of Jilin Joinature Polymer Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Mayora Indah Tbk
F:D7V
|
$297.65 Million |
|
Daesang Corp
KO:001680
|
$297.74 Million |
|
Wabash National Corporation
NYSE:WNC
|
$297.76 Million |
|
Ascencio (D)
BR:ASCE
|
$297.82 Million |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
$297.53 Million |
|
Immix Biopharma Inc
NASDAQ:IMMX
|
$297.46 Million |
|
Gansu Huangtai Wine-marketing Industry Co. Ltd.
SHE:000995
|
$297.38 Million |
|
Climb Global Solutions
NASDAQ:CLMB
|
$297.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jilin Joinature Polymer Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,157,206,575 to 1,172,153,977, a change of 14,947,401 (1.3%).
- Net income of 39,283,401 contributed positively to equity growth.
- Dividend payments of 24,413,587 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥39.28 Million | +3.35% |
| Dividends Paid | CN¥24.41 Million | -2.08% |
| Other Changes | CN¥77.59K | +0.01% |
| Total Change | CN¥- | 1.29% |
Book Value vs Market Value Analysis
This analysis compares Jilin Joinature Polymer 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: 3.74x
- 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 11.27x to 3.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.19 | CN¥36.00 | x |
| 2022-12-31 | CN¥3.59 | CN¥36.00 | x |
| 2023-12-31 | CN¥9.51 | CN¥36.00 | x |
| 2024-12-31 | CN¥9.63 | CN¥36.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jilin Joinature Polymer 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): 3.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.18%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.16x
- Recent ROE (3.35%) is below the historical average (10.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 17.20% | 24.69% | 0.52x | 1.35x | CN¥20.99 Million |
| 2022 | 17.08% | 22.53% | 0.52x | 1.45x | CN¥23.19 Million |
| 2023 | 4.71% | 18.69% | 0.23x | 1.08x | CN¥-61.17 Million |
| 2024 | 3.35% | 14.18% | 0.20x | 1.16x | CN¥-77.93 Million |
Industry Comparison
This section compares Jilin Joinature Polymer Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jilin Joinature Polymer Co Ltd (688716) | CN¥1.18 Billion | 17.20% | 0.13x | $297.53 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |