Zhongfu Straits Pingtan Development Co Ltd

SHE:000592 China Lumber & Wood Production
Market Cap
$2.94 Billion
CN¥21.54 Billion CNY
Market Cap Rank
#4576 Global
#494 in China
Share Price
CN¥11.15
Change (1 day)
+1.09%
52-Week Range
CN¥2.75 - CN¥16.80
All Time High
CN¥16.80
Categories
Companies in China Lumber & Wood Production
About

Zhongfu Straits (Pingtan) Development Company Limited engages in the afforestation and forest management in China. It is also involved in processing and sale of forest products, such as medium- and high-density fiberboard; trade of agricultural products, including tobacco fertilizers, timber, pulp, and paper pulp; and seedling cultivation and tree planting, as well as the sale of seedling product… Read more

Zhongfu Straits Pingtan Development Co Ltd (000592) - Net Assets

Latest net assets as of September 2025: CN¥1.98 Billion CNY

Based on the latest financial reports, Zhongfu Straits Pingtan Development Co Ltd (000592) has net assets worth CN¥1.98 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¥3.30 Billion) and total liabilities (CN¥1.32 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¥1.98 Billion
% of Total Assets 59.91%
Annual Growth Rate 13.2%
5-Year Change -39.93%
10-Year Change -42.52%
Growth Volatility 261.8

Zhongfu Straits Pingtan Development Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Zhongfu Straits Pingtan Development 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 Zhongfu Straits Pingtan Development Co Ltd (1992–2024)

The table below shows the annual net assets of Zhongfu Straits Pingtan Development Co Ltd from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.97 Billion -8.13%
2023-12-31 CN¥2.14 Billion -6.15%
2022-12-31 CN¥2.28 Billion -8.31%
2021-12-31 CN¥2.49 Billion -24.02%
2020-12-31 CN¥3.28 Billion -8.34%
2019-12-31 CN¥3.58 Billion +5.73%
2018-12-31 CN¥3.38 Billion -3.28%
2017-12-31 CN¥3.50 Billion +0.21%
2016-12-31 CN¥3.49 Billion +1.89%
2015-12-31 CN¥3.43 Billion +139.54%
2014-12-31 CN¥1.43 Billion +6.10%
2013-12-31 CN¥1.35 Billion +5.94%
2012-12-31 CN¥1.27 Billion +3.05%
2011-12-31 CN¥1.23 Billion -0.64%
2010-12-31 CN¥1.24 Billion +103.10%
2009-12-31 CN¥611.82 Million +13.19%
2008-12-31 CN¥540.50 Million +477.62%
2007-12-31 CN¥-143.13 Million +72.57%
2006-12-31 CN¥-521.77 Million -19.65%
2005-12-31 CN¥-436.09 Million -194.75%
2004-12-31 CN¥-147.95 Million -1178.15%
2003-12-31 CN¥13.72 Million -94.70%
2002-12-31 CN¥258.75 Million +33.37%
2001-12-31 CN¥194.01 Million -37.51%
2000-12-31 CN¥310.47 Million +100.03%
1999-12-31 CN¥155.21 Million -54.28%
1998-12-31 CN¥339.48 Million -40.19%
1997-12-31 CN¥567.57 Million +31.89%
1996-12-31 CN¥430.35 Million +87.63%
1995-12-31 CN¥229.36 Million -20.72%
1994-12-31 CN¥289.30 Million -0.92%
1993-12-31 CN¥291.97 Million +683.56%
1992-12-31 CN¥37.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhongfu Straits Pingtan Development 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 decreased by 144123400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.93 Billion 102.38%
Other Comprehensive Income CN¥81.22 Million 4.30%
Other Components CN¥1.32 Billion 69.70%
Total Equity CN¥1.89 Billion 100.00%

Zhongfu Straits Pingtan Development Co Ltd Competitors by Market Cap

The table below lists competitors of Zhongfu Straits Pingtan Development Co Ltd ranked by their market capitalization.

Company Market Cap
Yihai Kerry Arawana Holdings Co Ltd
SHE:300999
 		$2.33 Billion
FI
NEO:FI
 		$2.33 Billion
Mitsubishi Logistics Corporation
OTCMKTS:MILGF
 		$2.33 Billion
IDEAYA BIOSCIENCE DL-01
F:30J
 		$2.33 Billion
BOK Financial Corporation
NASDAQ:BOKF
 		$2.33 Billion
Amneal Pharmaceuticals, Inc. Class A Common Stock
NYSE:AMRX
 		$2.33 Billion
Bethel Automotive Safety Systems Co Ltd Class A
SHG:603596
 		$2.33 Billion
China Eastern Airlines Corporation Limited
PINK:CHEAF
 		$2.32 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhongfu Straits Pingtan Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,059,810,000 to 1,886,792,000, a change of -173,018,000 (-8.4%).
  • Net loss of 116,817,604 reduced equity.
  • Share repurchases of 56,200,239 reduced equity.
  • Other comprehensive income increased equity by 490.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-116.82 Million -6.19%
Share Repurchases CN¥56.20 Million -2.98%
Other Comprehensive Income CN¥490.00 +0.0%
Other Changes CN¥-647.00 -0.0%
Total Change CN¥- -8.40%

Book Value vs Market Value Analysis

This analysis compares Zhongfu Straits Pingtan Development 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: 11.34x
  • 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 316.91x to 11.34x 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¥0.04 CN¥11.15 x
1993-12-31 CN¥0.28 CN¥11.15 x
1994-12-31 CN¥0.27 CN¥11.15 x
1995-12-31 CN¥0.22 CN¥11.15 x
1996-12-31 CN¥0.41 CN¥11.15 x
1997-12-31 CN¥0.54 CN¥11.15 x
1998-12-31 CN¥0.30 CN¥11.15 x
1999-12-31 CN¥0.24 CN¥11.15 x
2000-12-31 CN¥0.16 CN¥11.15 x
2001-12-31 CN¥0.33 CN¥11.15 x
2002-12-31 CN¥0.32 CN¥11.15 x
2003-12-31 CN¥0.02 CN¥11.15 x
2004-12-31 CN¥-0.33 CN¥11.15 x
2005-12-31 CN¥-0.58 CN¥11.15 x
2006-12-31 CN¥-0.49 CN¥11.15 x
2007-12-31 CN¥-0.17 CN¥11.15 x
2008-12-31 CN¥0.23 CN¥11.15 x
2009-12-31 CN¥0.27 CN¥11.15 x
2010-12-31 CN¥0.66 CN¥11.15 x
2011-12-31 CN¥0.59 CN¥11.15 x
2012-12-31 CN¥0.60 CN¥11.15 x
2013-12-31 CN¥0.63 CN¥11.15 x
2014-12-31 CN¥0.67 CN¥11.15 x
2015-12-31 CN¥1.83 CN¥11.15 x
2016-12-31 CN¥1.64 CN¥11.15 x
2017-12-31 CN¥1.64 CN¥11.15 x
2018-12-31 CN¥1.64 CN¥11.15 x
2019-12-31 CN¥1.66 CN¥11.15 x
2020-12-31 CN¥1.55 CN¥11.15 x
2021-12-31 CN¥1.34 CN¥11.15 x
2022-12-31 CN¥1.23 CN¥11.15 x
2023-12-31 CN¥1.07 CN¥11.15 x
2024-12-31 CN¥0.98 CN¥11.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhongfu Straits Pingtan Development 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): -6.19%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.47%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 1.97x
  • Recent ROE (-6.19%) is above the historical average (-44.91%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 66.46% 17.93% 0.32x 11.46x CN¥21.04 Million
1993 16.75% 32.81% 0.16x 3.22x CN¥19.70 Million
1994 17.68% 32.87% 0.17x 3.20x CN¥22.21 Million
1995 13.36% 25.86% 0.18x 2.81x CN¥7.70 Million
1996 12.38% 28.68% 0.20x 2.17x CN¥10.25 Million
1997 10.19% 18.38% 0.27x 2.05x CN¥1.09 Million
1998 -76.83% -120.30% 0.18x 3.52x CN¥-271.80 Million
1999 -64.45% -89.49% 0.21x 3.39x CN¥-185.53 Million
2000 8.53% 10.04% 0.16x 5.32x CN¥-2.49 Million
2001 -43.08% -135.04% 0.07x 4.77x CN¥-130.31 Million
2002 1.46% 2.34% 0.16x 3.86x CN¥-20.10 Million
2003 -1429.25% -312.25% 0.10x 44.98x CN¥-221.62 Million
2004 0.00% -1513.17% 0.02x 0.00x CN¥-118.13 Million
2005 0.00% -275.57% 0.22x 0.00x CN¥-112.94 Million
2006 0.00% 103.73% 0.04x 0.00x CN¥62.75 Million
2007 0.00% 199910.45% 0.00x 0.00x CN¥392.64 Million
2008 16.10% 19.33% 0.29x 2.83x CN¥20.77 Million
2009 15.40% 19.06% 0.30x 2.68x CN¥21.59 Million
2010 6.95% 13.92% 0.26x 1.93x CN¥-30.45 Million
2011 1.00% 1.47% 0.38x 1.81x CN¥-90.81 Million
2012 1.17% 1.65% 0.40x 1.78x CN¥-90.29 Million
2013 4.08% 5.07% 0.47x 1.71x CN¥-63.18 Million
2014 6.19% 8.14% 0.40x 1.89x CN¥-43.30 Million
2015 1.20% 3.92% 0.25x 1.21x CN¥-276.22 Million
2016 0.64% 2.58% 0.19x 1.32x CN¥-295.70 Million
2017 0.19% 0.70% 0.20x 1.37x CN¥-310.62 Million
2018 0.83% 2.82% 0.22x 1.35x CN¥-291.93 Million
2019 0.56% 1.87% 0.23x 1.32x CN¥-302.99 Million
2020 -10.07% -24.35% 0.25x 1.65x CN¥-599.05 Million
2021 -30.11% -48.68% 0.39x 1.60x CN¥-1.04 Billion
2022 -8.20% -16.53% 0.29x 1.73x CN¥-431.00 Million
2023 -14.95% -24.96% 0.30x 2.00x CN¥-513.82 Million
2024 -6.19% -7.47% 0.42x 1.97x CN¥-305.50 Million

Industry Comparison

This section compares Zhongfu Straits Pingtan Development Co Ltd's net assets metrics with peer companies in the Lumber & Wood Production industry.

Industry Context

  • Industry: Lumber & Wood Production
  • Average net assets among peers: $675,110,837
  • Average return on equity (ROE) among peers: -3.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhongfu Straits Pingtan Development Co Ltd (000592) CN¥1.98 Billion 66.46% 0.67x $2.33 Billion
Fujian Yongan Forestry Group Joint-Stock (000663) $428.46 Million 1.94% 2.55x $236.61 Million
Dare Technology Co Ltd (000910) $2.42 Billion 13.12% 1.67x $294.60 Million
Dehua TB New Decoration Material Co Ltd (002043) $144.68 Million 17.66% 1.46x $823.62 Million
Fujian Jinsen Forestry Co Ltd (002679) $756.00 Million 1.15% 1.35x $122.87 Million
Kangxin New Materials Co Ltd (600076) $262.42 Million 19.85% 1.13x $380.51 Million
Yunnan Jinggu Forestry Co Ltd (600265) $147.16 Million -91.56% 2.89x $122.59 Million
Guangxi Fenglin Wood Industry Group Co Ltd (601996) $564.11 Million 10.64% 0.68x $212.93 Million