Shanghai Jinjiang International Travel Co Ltd (900929) - Net Assets
Based on the latest financial reports, Shanghai Jinjiang International Travel Co Ltd (900929) has net assets worth $1.02 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.44 Billion) and total liabilities ($421.28 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. Check Shanghai Jinjiang International Travel C (900929) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.02 Billion |
| % of Total Assets | 70.76% |
| Annual Growth Rate | 3.85% |
| 5-Year Change | 38.11% |
| 10-Year Change | -10.88% |
| Growth Volatility | 36.94 |
Shanghai Jinjiang International Travel Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Shanghai Jinjiang International Travel Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai Jinjiang International Travel C defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Jinjiang International Travel Co Ltd (2000–2025)
The table below shows the annual net assets of Shanghai Jinjiang International Travel Co Ltd from 2000 to 2025. For live valuation and market cap data, see Shanghai Jinjiang International Travel C (900929) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.04 Billion | 0.00% |
| 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 2082.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $327.66 Million | 31.42% |
| Other Components | $715.16 Million | 68.58% |
| 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 |
|---|---|
|
vTv Therapeutics Inc
NASDAQ:VTVT
|
$119.97 Million |
|
Servotronics Inc
NYSE MKT:SVT
|
$120.00 Million |
|
Rockridge Resources Ltd
V:ROCK
|
$120.08 Million |
|
Chaintech Technology Corp
TW:2425
|
$120.09 Million |
|
Torimbia Socimi S.A.
MC:YTRM
|
$119.94 Million |
|
MCOT Public Company Limited
BK:MCOT
|
$119.93 Million |
|
Spigen Korea Co. Ltd
KQ:192440
|
$119.90 Million |
|
Sangoma Technologies Corp
TO:STC
|
$119.86 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 2024 to 2025, total equity changed from 1,042,204,486 to 1,042,823,654, a change of 619,168 (0.1%).
- Net income of 43,975,933 contributed positively to equity growth.
- Dividend payments of 20,530,125 reduced retained earnings.
- Other factors decreased equity by 22,826,640.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $43.98 Million | +4.22% |
| Dividends Paid | $20.53 Million | -1.97% |
| Other Changes | $-22.83 Million | -2.19% |
| Total Change | $- | 0.06% |
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: 0.12x
- 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 | $0.91 | x |
| 2018-12-31 | $6.50 | $0.91 | x |
| 2019-12-31 | $6.57 | $0.91 | x |
| 2020-12-31 | $5.65 | $0.91 | x |
| 2021-12-31 | $5.70 | $0.91 | x |
| 2022-12-31 | $5.25 | $0.91 | x |
| 2023-12-31 | $6.07 | $0.91 | x |
| 2024-12-31 | $7.86 | $0.91 | x |
| 2025-12-31 | $7.87 | $0.91 | 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): 4.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.87%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.41x
- Recent ROE (4.22%) is above the historical average (3.82%), 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 |
| 2025 | 4.22% | 4.87% | 0.61x | 1.41x | $-60.31 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: $3,212,999,093
- Average return on equity (ROE) among peers: -5.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Jinjiang International Travel Co Ltd (900929) | $1.02 Billion | 4.18% | 0.41x | $119.96 Million |
| ShenZhen Zero-Seven Co Ltd (000007) | $194.23 Million | -101.02% | 1.80x | $726.98 Million |
| Shenzhen Overseas Chinese Town Co Ltd (000069) | $21.93 Billion | 17.55% | 2.33x | $2.14 Billion |
| Huatian Hotel Group Co Ltd (000428) | $2.46 Billion | 0.08% | 1.67x | $486.07 Million |
| Zhang Jia Jie Tourism Group Co Ltd (000430) | $612.90 Million | 18.66% | 0.42x | $920.55 Million |
| XiAn Tourism Co Ltd (000610) | $856.25 Million | -3.77% | 0.45x | $231.42 Million |
| Guilin Tourism Corp Ltd (000978) | $1.08 Billion | -18.98% | 1.00x | $400.05 Million |
| LiJiang YuLong Tourism Co Ltd (002033) | $1.14 Billion | 13.01% | 0.56x | $697.14 Million |
| Yunnan Tourism Co Ltd (002059) | $846.13 Million | 6.25% | 0.38x | $665.20 Million |
| SSAW Hotels & Resorts Group Co.Ltd. (301073) | $959.87 Million | 3.10% | 1.11x | $578.48 Million |
| Huangshan Tourism Development Co Ltd A (600054) | $2.06 Billion | 6.99% | 0.63x | $829.99 Million |
About Shanghai Jinjiang International Travel Co Ltd
Shanghai Jinjiang International Travel Co., Ltd., together with its subsidiaries, provides tourism and related services in China and internationally. It operates through Tourism and Property segments. The company offers domestic, outbound, inbound, and educational tourism services for overseas tourists and Chinese citizens. It also provides meetings, incentives, conferences, and exhibitions (MICE… Read more