Shanghai Jinjiang International Travel Co Ltd
Shanghai Jinjiang International Travel Co., Ltd. engages in the travel agency business. The company offers domestic, outbound, inbound, and educational tourism services for overseas tourists and Chinese citizens. It also provides conference, exhibition, incentive travel, travel management, and cultural tourism destination services. In addition, the company offers tourism consulting, tourism devel… Read more
Shanghai Jinjiang International Travel Co Ltd (900929) - Net Assets
Latest net assets as of June 2025: $1.07 Billion USD
Based on the latest financial reports, Shanghai Jinjiang International Travel Co Ltd (900929) has net assets worth $1.07 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.60 Billion) and total liabilities ($532.93 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 | $1.07 Billion |
| % of Total Assets | 66.73% |
| Annual Growth Rate | 4.01% |
| 5-Year Change | 38.68% |
| 10-Year Change | -18.0% |
| Growth Volatility | 37.66 |
Shanghai Jinjiang International Travel Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Shanghai Jinjiang International Travel 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 Shanghai Jinjiang International Travel Co Ltd (2000–2024)
The table below shows the annual net assets of Shanghai Jinjiang International Travel Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.04 Billion | +29.65% |
| 2023-12-31 | $801.73 Million | +15.86% |
| 2022-12-31 | $691.96 Million | -8.06% |
| 2021-12-31 | $752.60 Million | +0.42% |
| 2020-12-31 | $749.48 Million | -14.40% |
| 2019-12-31 | $875.58 Million | +1.33% |
| 2018-12-31 | $864.08 Million | -24.68% |
| 2017-12-31 | $1.15 Billion | -1.64% |
| 2016-12-31 | $1.17 Billion | -7.99% |
| 2015-12-31 | $1.27 Billion | +6.54% |
| 2014-12-31 | $1.19 Billion | +32.21% |
| 2013-12-31 | $899.99 Million | -0.26% |
| 2012-12-31 | $902.33 Million | +3.07% |
| 2011-12-31 | $875.41 Million | -11.32% |
| 2010-12-31 | $987.14 Million | -13.67% |
| 2009-12-31 | $1.14 Billion | +51.95% |
| 2008-12-31 | $752.54 Million | -43.66% |
| 2007-12-31 | $1.34 Billion | +166.00% |
| 2006-12-31 | $502.15 Million | +3.18% |
| 2005-12-31 | $486.67 Million | +4.66% |
| 2004-12-31 | $465.02 Million | +7.93% |
| 2003-12-31 | $430.86 Million | +3.31% |
| 2002-12-31 | $417.06 Million | +3.42% |
| 2001-12-31 | $403.27 Million | -0.29% |
| 2000-12-31 | $404.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Jinjiang International Travel 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 1922.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $303.70 Million | 29.14% |
| Other Components | $738.51 Million | 70.86% |
| Total Equity | $1.04 Billion | 100.00% |
Shanghai Jinjiang International Travel Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Jinjiang International Travel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kraig Biocraft Labs
OTCQB:KBLB
|
$73.78 Million |
|
ISU Abxis Co. Ltd
KQ:086890
|
$73.80 Million |
|
Molecular Partners AG
PINK:MLLCF
|
$73.81 Million |
|
Pricer AB (publ)
PINK:PCRBF
|
$73.82 Million |
|
Sitowise Group Oyj
HE:SITOWS
|
$73.77 Million |
|
Bank Multiarta Sentosa PT
JK:MASB
|
$73.73 Million |
|
GSD Holding AS
IS:GSDHO
|
$73.70 Million |
|
Vigo System SA
WAR:VGO
|
$73.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Jinjiang International Travel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 805,184,264 to 1,042,204,486, a change of 237,020,222 (29.4%).
- Net income of 66,632,192 contributed positively to equity growth.
- Dividend payments of 7,920,672 reduced retained earnings.
- Other factors increased equity by 178,308,702.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $66.63 Million | +6.39% |
| Dividends Paid | $7.92 Million | -0.76% |
| Other Changes | $178.31 Million | +17.11% |
| Total Change | $- | 29.44% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Jinjiang International Travel 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: 0.15x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $8.66 | $1.16 | x |
| 2018-12-31 | $6.50 | $1.16 | x |
| 2019-12-31 | $6.57 | $1.16 | x |
| 2020-12-31 | $5.65 | $1.16 | x |
| 2021-12-31 | $5.70 | $1.16 | x |
| 2022-12-31 | $5.25 | $1.16 | x |
| 2023-12-31 | $6.07 | $1.16 | x |
| 2024-12-31 | $7.86 | $1.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Jinjiang International Travel 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): 6.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.01%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.40x
- Recent ROE (6.39%) is above the historical average (3.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.18% | 3.07% | 0.79x | 1.73x | $-23.17 Million |
| 2001 | 4.36% | 3.19% | 0.86x | 1.58x | $-22.37 Million |
| 2002 | 4.65% | 2.97% | 0.96x | 1.64x | $-21.92 Million |
| 2003 | 0.13% | 0.13% | 0.71x | 1.36x | $-41.80 Million |
| 2004 | 9.62% | 4.36% | 1.43x | 1.54x | $-1.73 Million |
| 2005 | 4.73% | 1.87% | 1.64x | 1.54x | $-25.08 Million |
| 2006 | 4.74% | 1.73% | 1.76x | 1.56x | $-25.80 Million |
| 2007 | 2.73% | 2.20% | 0.85x | 1.46x | $-96.21 Million |
| 2008 | 2.96% | 1.30% | 1.48x | 1.54x | $-52.35 Million |
| 2009 | 3.43% | 2.44% | 0.97x | 1.45x | $-74.51 Million |
| 2010 | 5.21% | 2.47% | 1.38x | 1.53x | $-47.05 Million |
| 2011 | 3.00% | 1.35% | 1.43x | 1.55x | $-61.23 Million |
| 2012 | 4.67% | 2.02% | 1.52x | 1.52x | $-48.02 Million |
| 2013 | 6.49% | 2.76% | 1.57x | 1.50x | $-31.57 Million |
| 2014 | 4.92% | 2.74% | 1.24x | 1.45x | $-60.47 Million |
| 2015 | 4.79% | 2.66% | 1.27x | 1.42x | $-66.15 Million |
| 2016 | 5.24% | 3.21% | 1.15x | 1.42x | $-55.65 Million |
| 2017 | 5.34% | 3.58% | 1.07x | 1.40x | $-53.53 Million |
| 2018 | 7.37% | 4.18% | 1.05x | 1.68x | $-22.68 Million |
| 2019 | 7.33% | 4.57% | 1.07x | 1.50x | $-23.29 Million |
| 2020 | 0.73% | 1.80% | 0.29x | 1.37x | $-69.38 Million |
| 2021 | 0.19% | 0.48% | 0.29x | 1.37x | $-74.18 Million |
| 2022 | -11.01% | -38.40% | 0.20x | 1.41x | $-146.28 Million |
| 2023 | 2.86% | 3.44% | 0.55x | 1.52x | $-57.51 Million |
| 2024 | 6.39% | 8.01% | 0.57x | 1.40x | $-37.59 Million |
Industry Comparison
This section compares Shanghai Jinjiang International Travel Co Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,159,936,773
- Average return on equity (ROE) among peers: 8.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Jinjiang International Travel Co Ltd (900929) | $1.07 Billion | 4.18% | 0.50x | $73.78 Million |
| ShenZhen Zero-Seven Co Ltd (000007) | $-74.87 Million | 0.00% | 0.00x | $257.28 Million |
| Shenzhen Overseas Chinese Town Co Ltd (000069) | $1.82 Billion | 12.64% | 0.65x | $1.17 Billion |
| Huatian Hotel Group Co Ltd (000428) | $2.46 Billion | 0.08% | 1.67x | $234.77 Million |
| Zhang Jia Jie Tourism Group Co Ltd (000430) | $216.43 Million | 0.72% | 0.50x | $221.75 Million |
| XiAn Tourism Co Ltd (000610) | $417.85 Million | 6.45% | 1.33x | $209.05 Million |
| Guilin Tourism Corp Ltd (000978) | $431.55 Million | 10.74% | 0.35x | $236.14 Million |
| LiJiang YuLong Tourism Co Ltd (002033) | $2.67 Billion | 2.64% | 0.06x | $387.01 Million |
| Yunnan Tourism Co Ltd (002059) | $2.12 Billion | 23.01% | 0.95x | $252.90 Million |
| SSAW Hotels & Resorts Group Co.Ltd. (301073) | $252.33 Million | 28.63% | 0.81x | $405.41 Million |
| China CYTS Tours Holding Co Ltd (600138) | $1.30 Billion | 2.50% | 0.31x | $711.50 Million |