Fuyao Glass Industry Group Co. Ltd
Fuyao Glass Industry Group Co., Ltd., together with its subsidiaries, engages in the provision of safety glass solutions and automotive accessories for various transportation vehicles in China and internationally. The company designs, manufactures, sells, and services automotive float glass, automotive glass, locomotive glass, motorcycle glass, luggage racks, and window accessories. Its glass pro… Read more
Fuyao Glass Industry Group Co. Ltd (FYGGY) - Net Assets
Latest net assets as of June 2025: $35.64 Billion USD
Based on the latest financial reports, Fuyao Glass Industry Group Co. Ltd (FYGGY) has net assets worth $35.64 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 ($65.71 Billion) and total liabilities ($30.07 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 | $35.64 Billion |
| % of Total Assets | 54.24% |
| Annual Growth Rate | 17.69% |
| 5-Year Change | 65.28% |
| 10-Year Change | 117.4% |
| Growth Volatility | 27.66 |
Fuyao Glass Industry Group Co. Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Fuyao Glass Industry Group 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 Fuyao Glass Industry Group Co. Ltd (1993–2024)
The table below shows the annual net assets of Fuyao Glass Industry Group Co. Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $35.69 Billion | +13.61% |
| 2023-12-31 | $31.41 Billion | +8.36% |
| 2022-12-31 | $28.99 Billion | +10.25% |
| 2021-12-31 | $26.29 Billion | +21.78% |
| 2020-12-31 | $21.59 Billion | +1.04% |
| 2019-12-31 | $21.37 Billion | +5.84% |
| 2018-12-31 | $20.19 Billion | +6.23% |
| 2017-12-31 | $19.01 Billion | +5.36% |
| 2016-12-31 | $18.04 Billion | +9.89% |
| 2015-12-31 | $16.42 Billion | +86.48% |
| 2014-12-31 | $8.80 Billion | +12.20% |
| 2013-12-31 | $7.85 Billion | +12.48% |
| 2012-12-31 | $6.98 Billion | +11.93% |
| 2011-12-31 | $6.23 Billion | +6.67% |
| 2010-12-31 | $5.84 Billion | +33.19% |
| 2009-12-31 | $4.39 Billion | +34.16% |
| 2008-12-31 | $3.27 Billion | -7.29% |
| 2007-12-31 | $3.53 Billion | +24.70% |
| 2006-12-31 | $2.83 Billion | +27.96% |
| 2005-12-31 | $2.21 Billion | +22.18% |
| 2004-12-31 | $1.81 Billion | +16.28% |
| 2003-12-31 | $1.56 Billion | +130.90% |
| 2002-12-31 | $673.65 Million | +18.27% |
| 2001-12-31 | $569.56 Million | +17.80% |
| 2000-12-31 | $483.51 Million | +20.34% |
| 1999-12-31 | $401.78 Million | -10.98% |
| 1998-12-31 | $451.34 Million | -5.36% |
| 1997-12-31 | $476.90 Million | +0.16% |
| 1996-12-31 | $476.12 Million | +36.53% |
| 1995-12-31 | $348.73 Million | +52.41% |
| 1993-12-31 | $228.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fuyao Glass Industry Group 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 27140.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $18.63 Billion | 52.18% |
| Common Stock | $2.61 Billion | 7.31% |
| Other Comprehensive Income | $339.81 Million | 0.95% |
| Other Components | $14.12 Billion | 39.55% |
| Total Equity | $35.69 Billion | 100.00% |
Fuyao Glass Industry Group Co. Ltd Competitors by Market Cap
The table below lists competitors of Fuyao Glass Industry Group Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cranswick plc
PINK:CRWKF
|
$3.28 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
$3.28 Billion |
|
First Pacific Company Ltd
PINK:FPAFY
|
$3.28 Billion |
|
Academy Sports Outdoors Inc
NASDAQ:ASO
|
$3.28 Billion |
|
Hong Leong Bank Bhd
KLSE:5819
|
$3.28 Billion |
|
M/I Homes Inc
NYSE:MHO
|
$3.28 Billion |
|
China Communications Services Corporation Limited
PINK:CUCSY
|
$3.27 Billion |
|
Box Inc
NYSE:BOX
|
$3.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuyao Glass Industry Group Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,414,781,639 to 35,694,366,243, a change of 4,279,584,604 (13.6%).
- Net income of 7,497,976,000 contributed positively to equity growth.
- Dividend payments of 3,713,616,000 reduced retained earnings.
- Other comprehensive income increased equity by 162,875,073.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.50 Billion | +21.01% |
| Dividends Paid | $3.71 Billion | -10.4% |
| Other Comprehensive Income | $162.88 Million | +0.46% |
| Other Changes | $332.35 Million | +0.93% |
| Total Change | $- | 13.62% |
Book Value vs Market Value Analysis
This analysis compares Fuyao Glass Industry Group 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: 0.50x
- 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.
- The price-to-book ratio has decreased from 60.21x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.03 | $1.70 | x |
| 1995-12-31 | $0.04 | $1.70 | x |
| 1996-12-31 | $0.04 | $1.70 | x |
| 1997-12-31 | $0.04 | $1.70 | x |
| 1998-12-31 | $0.04 | $1.70 | x |
| 1999-12-31 | $0.05 | $1.70 | x |
| 2000-12-31 | $0.06 | $1.70 | x |
| 2001-12-31 | $0.07 | $1.70 | x |
| 2002-12-31 | $0.08 | $1.70 | x |
| 2003-12-31 | $0.19 | $1.70 | x |
| 2004-12-31 | $0.22 | $1.70 | x |
| 2005-12-31 | $0.27 | $1.70 | x |
| 2006-12-31 | $0.35 | $1.70 | x |
| 2007-12-31 | $0.44 | $1.70 | x |
| 2008-12-31 | $0.40 | $1.70 | x |
| 2009-12-31 | $0.55 | $1.70 | x |
| 2010-12-31 | $0.73 | $1.70 | x |
| 2011-12-31 | $0.78 | $1.70 | x |
| 2012-12-31 | $0.87 | $1.70 | x |
| 2013-12-31 | $0.98 | $1.70 | x |
| 2014-12-31 | $1.10 | $1.70 | x |
| 2015-12-31 | $1.73 | $1.70 | x |
| 2016-12-31 | $1.79 | $1.70 | x |
| 2017-12-31 | $1.90 | $1.70 | x |
| 2018-12-31 | $2.01 | $1.70 | x |
| 2019-12-31 | $2.13 | $1.70 | x |
| 2020-12-31 | $2.15 | $1.70 | x |
| 2021-12-31 | $2.57 | $1.70 | x |
| 2022-12-31 | $2.78 | $1.70 | x |
| 2023-12-31 | $3.01 | $1.70 | x |
| 2024-12-31 | $3.42 | $1.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuyao Glass Industry Group 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): 21.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.10%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.77x
- Recent ROE (21.01%) is above the historical average (18.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 27.76% | 37.62% | 0.45x | 1.65x | $40.64 Million |
| 1995 | 13.92% | 17.97% | 0.35x | 2.22x | $13.53 Million |
| 1996 | 0.12% | 0.14% | 0.29x | 2.94x | $-34.61 Million |
| 1997 | 3.38% | 2.71% | 0.40x | 3.11x | $-23.33 Million |
| 1998 | -5.34% | -3.60% | 0.44x | 3.36x | $-51.43 Million |
| 1999 | 17.57% | 11.59% | 0.54x | 2.78x | $30.40 Million |
| 2000 | 31.03% | 19.90% | 0.55x | 2.86x | $101.68 Million |
| 2001 | 27.31% | 16.22% | 0.56x | 3.03x | $96.45 Million |
| 2002 | 27.36% | 16.39% | 0.55x | 3.04x | $116.92 Million |
| 2003 | 20.64% | 18.52% | 0.49x | 2.25x | $165.42 Million |
| 2004 | 21.81% | 16.82% | 0.45x | 2.89x | $213.69 Million |
| 2005 | 17.73% | 13.46% | 0.44x | 2.96x | $170.72 Million |
| 2006 | 21.47% | 15.63% | 0.52x | 2.65x | $324.43 Million |
| 2007 | 26.01% | 17.76% | 0.55x | 2.68x | $564.56 Million |
| 2008 | 7.53% | 4.30% | 0.61x | 2.85x | $-80.90 Million |
| 2009 | 25.49% | 18.39% | 0.67x | 2.06x | $679.38 Million |
| 2010 | 30.60% | 21.01% | 0.81x | 1.81x | $1.20 Billion |
| 2011 | 24.27% | 15.61% | 0.79x | 1.96x | $889.44 Million |
| 2012 | 21.87% | 14.88% | 0.79x | 1.87x | $827.60 Million |
| 2013 | 24.45% | 16.67% | 0.79x | 1.86x | $1.13 Billion |
| 2014 | 25.23% | 17.17% | 0.77x | 1.92x | $1.34 Billion |
| 2015 | 15.88% | 19.19% | 0.55x | 1.51x | $964.52 Million |
| 2016 | 17.44% | 18.92% | 0.56x | 1.66x | $1.34 Billion |
| 2017 | 16.57% | 16.82% | 0.59x | 1.67x | $1.25 Billion |
| 2018 | 20.41% | 20.37% | 0.59x | 1.71x | $2.10 Billion |
| 2019 | 13.56% | 13.73% | 0.54x | 1.82x | $761.40 Million |
| 2020 | 12.04% | 13.06% | 0.52x | 1.78x | $441.32 Million |
| 2021 | 11.96% | 13.33% | 0.53x | 1.70x | $515.57 Million |
| 2022 | 16.40% | 16.92% | 0.55x | 1.75x | $1.86 Billion |
| 2023 | 17.92% | 16.98% | 0.59x | 1.80x | $2.49 Billion |
| 2024 | 21.01% | 19.10% | 0.62x | 1.77x | $3.93 Billion |
Industry Comparison
This section compares Fuyao Glass Industry Group Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fuyao Glass Industry Group Co. Ltd (FYGGY) | $35.64 Billion | 27.76% | 0.84x | $3.28 Billion |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |