Shaanxi Fenghuo Electronics Co Ltd
Shaanxi Fenghuo Electronics Co., Ltd. researches, produces, and sells of communications and electroacoustic equipment in China. It offers short-wave communication equipment, ultra-shortwave communication equipment, aviation search and rescue positioning equipment, and in-vehicle audio control system etc. The company also provides wireless communication systems for voice, data, and video transmiss… Read more
Shaanxi Fenghuo Electronics Co Ltd (000561) - Net Assets
Latest net assets as of September 2025: CN¥3.34 Billion CNY
Based on the latest financial reports, Shaanxi Fenghuo Electronics Co Ltd (000561) has net assets worth CN¥3.34 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.73 Billion) and total liabilities (CN¥3.40 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 | CN¥3.34 Billion |
| % of Total Assets | 49.55% |
| Annual Growth Rate | 11.01% |
| 5-Year Change | 10.78% |
| 10-Year Change | 68.0% |
| Growth Volatility | 88.83 |
Shaanxi Fenghuo Electronics Co Ltd - Net Assets Trend (1991–2024)
This chart illustrates how Shaanxi Fenghuo Electronics 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 Shaanxi Fenghuo Electronics Co Ltd (1991–2024)
The table below shows the annual net assets of Shaanxi Fenghuo Electronics Co Ltd from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.89 Billion | -6.99% |
| 2023-12-31 | CN¥2.03 Billion | +5.06% |
| 2022-12-31 | CN¥1.94 Billion | +5.27% |
| 2021-12-31 | CN¥1.84 Billion | +7.70% |
| 2020-12-31 | CN¥1.71 Billion | +5.14% |
| 2019-12-31 | CN¥1.62 Billion | +8.09% |
| 2018-12-31 | CN¥1.50 Billion | +7.22% |
| 2017-12-31 | CN¥1.40 Billion | +11.97% |
| 2016-12-31 | CN¥1.25 Billion | +11.15% |
| 2015-12-31 | CN¥1.13 Billion | +8.42% |
| 2014-12-31 | CN¥1.04 Billion | +4.78% |
| 2013-12-31 | CN¥991.07 Million | +6.79% |
| 2012-12-31 | CN¥928.08 Million | +3.13% |
| 2011-12-31 | CN¥899.87 Million | +14.58% |
| 2010-12-31 | CN¥785.34 Million | +939.42% |
| 2009-12-31 | CN¥-93.56 Million | -30.71% |
| 2008-12-31 | CN¥-71.58 Million | +91.53% |
| 2007-12-31 | CN¥-845.08 Million | -33.86% |
| 2006-12-31 | CN¥-631.30 Million | -1.82% |
| 2005-12-31 | CN¥-620.04 Million | -5.17% |
| 2004-12-31 | CN¥-589.54 Million | -1.35% |
| 2003-12-31 | CN¥-581.67 Million | -393.62% |
| 2002-12-31 | CN¥198.10 Million | -59.69% |
| 2001-12-31 | CN¥491.45 Million | -41.08% |
| 2000-12-31 | CN¥834.11 Million | -12.01% |
| 1999-12-31 | CN¥947.96 Million | -10.60% |
| 1998-12-31 | CN¥1.06 Billion | +35.44% |
| 1997-12-31 | CN¥782.93 Million | +14.57% |
| 1996-12-31 | CN¥683.35 Million | +30.60% |
| 1995-12-31 | CN¥523.25 Million | +15.67% |
| 1994-12-31 | CN¥452.35 Million | +157.56% |
| 1993-12-31 | CN¥175.63 Million | +30.29% |
| 1992-12-31 | CN¥134.79 Million | +124.03% |
| 1991-12-31 | CN¥60.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shaanxi Fenghuo Electronics 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 90819868100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥908.20 Million | 51.29% |
| Common Stock | CN¥604.27 Million | 34.12% |
| Other Comprehensive Income | CN¥242.29 Million | 13.68% |
| Other Components | CN¥16.01 Million | 0.90% |
| Total Equity | CN¥1.77 Billion | 100.00% |
Shaanxi Fenghuo Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shaanxi Fenghuo Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amore Group
KO:002790
|
$733.67 Million |
|
Técnicas Reunidas S.A
PINK:TNISF
|
$733.74 Million |
|
Baosheng
SHG:600973
|
$733.82 Million |
|
CGN Mining Company Limited
PINK:CGNMF
|
$733.90 Million |
|
Viaplay Group AB Series A
ST:VPLAY-A
|
$733.62 Million |
|
USINAS SID.MIN.GER. PFD A
F:U1S1
|
$733.61 Million |
|
TrustCo Bank Corp NY
NASDAQ:TRST
|
$733.46 Million |
|
Global Infotech Co Ltd
SHE:300465
|
$733.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaanxi Fenghuo Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,894,080,251 to 1,770,776,429, a change of -123,303,822 (-6.5%).
- Net loss of 152,009,424 reduced equity.
- Dividend payments of 26,602,046 reduced retained earnings.
- Other comprehensive income increased equity by 34,742,592.
- Other factors increased equity by 20,565,056.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-152.01 Million | -8.58% |
| Dividends Paid | CN¥26.60 Million | -1.5% |
| Other Comprehensive Income | CN¥34.74 Million | +1.96% |
| Other Changes | CN¥20.57 Million | +1.16% |
| Total Change | CN¥- | -6.51% |
Book Value vs Market Value Analysis
This analysis compares Shaanxi Fenghuo Electronics 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: 3.51x
- 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 33.10x to 3.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | CN¥0.31 | CN¥10.22 | x |
| 1993-12-31 | CN¥0.40 | CN¥10.22 | x |
| 1994-12-31 | CN¥1.04 | CN¥10.22 | x |
| 1995-12-31 | CN¥1.20 | CN¥10.22 | x |
| 1996-12-31 | CN¥1.57 | CN¥10.22 | x |
| 1997-12-31 | CN¥1.78 | CN¥10.22 | x |
| 1998-12-31 | CN¥2.41 | CN¥10.22 | x |
| 1999-12-31 | CN¥1.94 | CN¥10.22 | x |
| 2000-12-31 | CN¥1.90 | CN¥10.22 | x |
| 2001-12-31 | CN¥1.11 | CN¥10.22 | x |
| 2002-12-31 | CN¥0.33 | CN¥10.22 | x |
| 2003-12-31 | CN¥-1.39 | CN¥10.22 | x |
| 2004-12-31 | CN¥-1.41 | CN¥10.22 | x |
| 2005-12-31 | CN¥-1.46 | CN¥10.22 | x |
| 2006-12-31 | CN¥-1.45 | CN¥10.22 | x |
| 2007-12-31 | CN¥-2.00 | CN¥10.22 | x |
| 2008-12-31 | CN¥-0.26 | CN¥10.22 | x |
| 2009-12-31 | CN¥-0.23 | CN¥10.22 | x |
| 2010-12-31 | CN¥1.25 | CN¥10.22 | x |
| 2011-12-31 | CN¥1.39 | CN¥10.22 | x |
| 2012-12-31 | CN¥1.53 | CN¥10.22 | x |
| 2013-12-31 | CN¥1.49 | CN¥10.22 | x |
| 2014-12-31 | CN¥1.51 | CN¥10.22 | x |
| 2015-12-31 | CN¥1.74 | CN¥10.22 | x |
| 2016-12-31 | CN¥1.94 | CN¥10.22 | x |
| 2017-12-31 | CN¥2.20 | CN¥10.22 | x |
| 2018-12-31 | CN¥2.22 | CN¥10.22 | x |
| 2019-12-31 | CN¥2.49 | CN¥10.22 | x |
| 2020-12-31 | CN¥2.61 | CN¥10.22 | x |
| 2021-12-31 | CN¥2.82 | CN¥10.22 | x |
| 2022-12-31 | CN¥2.99 | CN¥10.22 | x |
| 2023-12-31 | CN¥3.26 | CN¥10.22 | x |
| 2024-12-31 | CN¥2.91 | CN¥10.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaanxi Fenghuo Electronics 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): -8.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.65%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.37x
- Recent ROE (-8.58%) is below the historical average (-3.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 21.47% | 6.35% | 1.15x | 2.95x | CN¥15.46 Million |
| 1993 | 33.09% | 7.27% | 1.33x | 3.43x | CN¥40.55 Million |
| 1994 | 19.61% | 8.69% | 1.01x | 2.22x | CN¥43.46 Million |
| 1995 | 15.75% | 6.94% | 0.93x | 2.43x | CN¥30.08 Million |
| 1996 | 10.05% | 5.56% | 0.70x | 2.59x | CN¥325.96K |
| 1997 | 2.19% | 1.58% | 0.50x | 2.79x | CN¥-60.84 Million |
| 1998 | -0.86% | -0.96% | 0.41x | 2.16x | CN¥-114.44 Million |
| 1999 | -21.12% | -35.91% | 0.26x | 2.27x | CN¥-263.94 Million |
| 2000 | 1.21% | 1.58% | 0.39x | 1.99x | CN¥-72.72 Million |
| 2001 | -66.55% | -53.45% | 0.46x | 2.74x | CN¥-372.16 Million |
| 2002 | -207.36% | -83.60% | 0.24x | 10.52x | CN¥-311.07 Million |
| 2003 | 0.00% | -106.54% | 0.59x | 0.00x | CN¥-387.71 Million |
| 2004 | 0.00% | 8.07% | 0.46x | 0.00x | CN¥85.45 Million |
| 2005 | 0.00% | 13.27% | 0.35x | 0.00x | CN¥93.04 Million |
| 2006 | 0.00% | -12.71% | 0.50x | 0.00x | CN¥19.01 Million |
| 2007 | 0.00% | -161.22% | 0.70x | 0.00x | CN¥-321.38 Million |
| 2008 | 0.00% | 1070.38% | 0.24x | 0.00x | CN¥774.29 Million |
| 2009 | 0.00% | -4.07% | 3.17x | 0.00x | CN¥-18.45 Million |
| 2010 | 11.99% | 10.06% | 0.65x | 1.84x | CN¥13.83 Million |
| 2011 | 13.71% | 11.69% | 0.66x | 1.77x | CN¥29.89 Million |
| 2012 | 3.93% | 3.66% | 0.56x | 1.92x | CN¥-51.20 Million |
| 2013 | 3.36% | 3.86% | 0.47x | 1.83x | CN¥-60.37 Million |
| 2014 | 3.98% | 4.05% | 0.49x | 2.02x | CN¥-56.68 Million |
| 2015 | 7.48% | 7.10% | 0.48x | 2.22x | CN¥-25.80 Million |
| 2016 | 7.73% | 7.88% | 0.48x | 2.02x | CN¥-25.93 Million |
| 2017 | 5.45% | 5.73% | 0.44x | 2.17x | CN¥-58.18 Million |
| 2018 | 6.30% | 7.07% | 0.42x | 2.12x | CN¥-50.88 Million |
| 2019 | 6.22% | 6.88% | 0.42x | 2.17x | CN¥-56.38 Million |
| 2020 | 6.28% | 7.11% | 0.39x | 2.27x | CN¥-58.48 Million |
| 2021 | 6.49% | 7.37% | 0.39x | 2.28x | CN¥-59.76 Million |
| 2022 | 5.42% | 6.10% | 0.37x | 2.39x | CN¥-82.67 Million |
| 2023 | 2.76% | 3.56% | 0.34x | 2.27x | CN¥-137.07 Million |
| 2024 | -8.58% | -12.65% | 0.29x | 2.37x | CN¥-329.09 Million |
Industry Comparison
This section compares Shaanxi Fenghuo Electronics Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $2,300,267,750
- Average return on equity (ROE) among peers: 8.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Fenghuo Electronics Co Ltd (000561) | CN¥3.34 Billion | 21.47% | 1.02x | $733.63 Million |
| Guangbo Group Stock Co Ltd (002103) | $1.63 Billion | 5.06% | 0.32x | $325.29 Million |
| Hengbao Co Ltd (002104) | $1.88 Billion | 8.65% | 0.16x | $1.33 Billion |
| GRG Banking Equipment Co Ltd (002152) | $9.48 Billion | 9.48% | 0.34x | $2.00 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $1.24 Billion | 7.58% | 0.20x | $799.98 Million |
| Shenzhen Comix Group Co Ltd (002301) | $1.12 Billion | 6.25% | 0.41x | $388.88 Million |
| Shandong New Beiyang Information Technology Co Ltd (002376) | $4.14 Billion | 1.17% | 0.32x | $606.96 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $566.62 Million | 6.12% | 0.21x | $86.19 Million |
| Wuhan Tianyu Info Industry (300205) | $230.23 Million | 22.64% | 1.53x | $174.42 Million |
| Shandong Synthesis Electronic Technology Co Ltd (300479) | $407.81 Million | 5.05% | 0.25x | $383.73 Million |