Jing-Jan Retail Business Co., Ltd.
Jing-Jan Retail Business Co., Ltd. owns and operates a shopping mall. It engages in operation of department stores and related ancillary businesses. The company was incorporated in 1996 and is based in Taipei, Taiwan. Jing-Jan Retail Business Co., Ltd. operates as a subsidiary of Radium Life Tech. Co., Ltd.
Jing-Jan Retail Business Co., Ltd. (2942) - Net Assets
Latest net assets as of June 2025: NT$1.24 Billion TWD
Based on the latest financial reports, Jing-Jan Retail Business Co., Ltd. (2942) has net assets worth NT$1.24 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.88 Billion) and total liabilities (NT$3.64 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 | NT$1.24 Billion |
| % of Total Assets | 25.32% |
| Annual Growth Rate | 1.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.4 |
Jing-Jan Retail Business Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Jing-Jan Retail Business 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 Jing-Jan Retail Business Co., Ltd. (2020–2024)
The table below shows the annual net assets of Jing-Jan Retail Business Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.23 Billion | +3.38% |
| 2023-12-31 | NT$1.19 Billion | +10.23% |
| 2022-12-31 | NT$1.08 Billion | +6.10% |
| 2021-12-31 | NT$1.02 Billion | -11.99% |
| 2020-12-31 | NT$1.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jing-Jan Retail Business 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 4.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$357.71 Million | 29.11% |
| Common Stock | NT$600.00 Million | 48.82% |
| Other Components | NT$271.21 Million | 22.07% |
| Total Equity | NT$1.23 Billion | 100.00% |
Jing-Jan Retail Business Co., Ltd. Competitors by Market Cap
The table below lists competitors of Jing-Jan Retail Business Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oncoclinicas do Brasil
SA:ONCO3
|
$10.95 Million |
|
Amata VN PCL
BK:AMATAV
|
$10.95 Million |
|
Renova Energia S.A
SA:RNEW11
|
$10.95 Million |
|
Advtech
JSE:ADH
|
$10.95 Million |
|
Duta Intidaya Tbk PT
JK:DAYA
|
$10.95 Million |
|
Kesoram Industries Limited
NSE:KESORAMIND
|
$10.94 Million |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
$10.94 Million |
|
Omesti Bhd
KLSE:9008
|
$10.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jing-Jan Retail Business Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,188,730,000 to 1,228,919,000, a change of 40,189,000 (3.4%).
- Net income of 189,813,000 contributed positively to equity growth.
- Dividend payments of 151,800,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$189.81 Million | +15.45% |
| Dividends Paid | NT$151.80 Million | -12.35% |
| Other Changes | NT$2.18 Million | +0.18% |
| Total Change | NT$- | 3.38% |
Book Value vs Market Value Analysis
This analysis compares Jing-Jan Retail Business 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: 1.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.89x to 1.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$19.17 | NT$36.20 | x |
| 2021-12-31 | NT$16.92 | NT$36.20 | x |
| 2022-12-31 | NT$17.92 | NT$36.20 | x |
| 2023-12-31 | NT$19.72 | NT$36.20 | x |
| 2024-12-31 | NT$20.39 | NT$36.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jing-Jan Retail Business 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): 15.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.17%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 4.36x
- Recent ROE (15.45%) is above the historical average (13.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.60% | 14.92% | 0.18x | 6.64x | NT$87.73 Million |
| 2021 | 5.51% | 5.07% | 0.15x | 7.24x | NT$-45.66 Million |
| 2022 | 10.36% | 9.09% | 0.18x | 6.38x | NT$3.92 Million |
| 2023 | 17.71% | 15.14% | 0.22x | 5.35x | NT$91.69 Million |
| 2024 | 15.45% | 14.17% | 0.25x | 4.36x | NT$66.92 Million |
Industry Comparison
This section compares Jing-Jan Retail Business Co., Ltd.'s net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $8,652,004,143
- Average return on equity (ROE) among peers: 5.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jing-Jan Retail Business Co., Ltd. (2942) | NT$1.24 Billion | 17.60% | 2.95x | $10.95 Million |
| First Steamship Co Ltd (2601) | $13.08 Billion | 0.05% | 1.64x | $133.86 Million |
| Far Eastern Department Stores Ltd (2903) | $35.09 Billion | 4.58% | 2.27x | $698.42 Million |
| Tonlin Department Store Co Ltd (2910) | $2.27 Billion | 7.50% | 1.35x | $16.98 Million |
| Eslite Spectrum (2926) | $561.52 Million | -23.00% | 30.03x | $21.23 Million |
| Taiwan FamilyMart Co Ltd (5903) | $4.94 Billion | 26.21% | 3.68x | $198.91 Million |
| Poya International Co Ltd (5904) | $661.81 Million | 23.41% | 1.45x | $1.03 Billion |
| Grand Ocean Retail Group Ltd (5907) | $3.96 Billion | 0.00% | 2.38x | $19.46 Million |