Zhongfu Straits Pingtan Development Co Ltd (000592) - Net Assets
Based on the latest financial reports, Zhongfu Straits Pingtan Development Co Ltd (000592) has net assets worth CN¥1.98 Billion CNY (≈ $289.33 Million USD) 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 ≈ $482.96 Million USD) and total liabilities (CN¥1.32 Billion ≈ $193.63 Million USD). 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 Zhongfu Straits Pingtan Development Co L asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Zhongfu Straits Pingtan Development Co L (000592) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Zhongfu Straits Pingtan Development Co L (000592) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.97 Billion ≈ $288.16 Million |
-8.13% |
| 2023-12-31 | CN¥2.14 Billion ≈ $313.66 Million |
-6.15% |
| 2022-12-31 | CN¥2.28 Billion ≈ $334.21 Million |
-8.31% |
| 2021-12-31 | CN¥2.49 Billion ≈ $364.50 Million |
-24.02% |
| 2020-12-31 | CN¥3.28 Billion ≈ $479.74 Million |
-8.34% |
| 2019-12-31 | CN¥3.58 Billion ≈ $523.41 Million |
+5.73% |
| 2018-12-31 | CN¥3.38 Billion ≈ $495.06 Million |
-3.28% |
| 2017-12-31 | CN¥3.50 Billion ≈ $511.84 Million |
+0.21% |
| 2016-12-31 | CN¥3.49 Billion ≈ $510.77 Million |
+1.89% |
| 2015-12-31 | CN¥3.43 Billion ≈ $501.28 Million |
+139.54% |
| 2014-12-31 | CN¥1.43 Billion ≈ $209.26 Million |
+6.10% |
| 2013-12-31 | CN¥1.35 Billion ≈ $197.22 Million |
+5.94% |
| 2012-12-31 | CN¥1.27 Billion ≈ $186.16 Million |
+3.05% |
| 2011-12-31 | CN¥1.23 Billion ≈ $180.66 Million |
-0.64% |
| 2010-12-31 | CN¥1.24 Billion ≈ $181.83 Million |
+103.10% |
| 2009-12-31 | CN¥611.82 Million ≈ $89.53 Million |
+13.19% |
| 2008-12-31 | CN¥540.50 Million ≈ $79.09 Million |
+477.62% |
| 2007-12-31 | CN¥-143.13 Million ≈ $-20.95 Million |
+72.57% |
| 2006-12-31 | CN¥-521.77 Million ≈ $-76.35 Million |
-19.65% |
| 2005-12-31 | CN¥-436.09 Million ≈ $-63.81 Million |
-194.75% |
| 2004-12-31 | CN¥-147.95 Million ≈ $-21.65 Million |
-1178.15% |
| 2003-12-31 | CN¥13.72 Million ≈ $2.01 Million |
-94.70% |
| 2002-12-31 | CN¥258.75 Million ≈ $37.86 Million |
+33.37% |
| 2001-12-31 | CN¥194.01 Million ≈ $28.39 Million |
-37.51% |
| 2000-12-31 | CN¥310.47 Million ≈ $45.43 Million |
+100.03% |
| 1999-12-31 | CN¥155.21 Million ≈ $22.71 Million |
-54.28% |
| 1998-12-31 | CN¥339.48 Million ≈ $49.68 Million |
-40.19% |
| 1997-12-31 | CN¥567.57 Million ≈ $83.05 Million |
+31.89% |
| 1996-12-31 | CN¥430.35 Million ≈ $62.97 Million |
+87.63% |
| 1995-12-31 | CN¥229.36 Million ≈ $33.56 Million |
-20.72% |
| 1994-12-31 | CN¥289.30 Million ≈ $42.33 Million |
-0.92% |
| 1993-12-31 | CN¥291.97 Million ≈ $42.72 Million |
+683.56% |
| 1992-12-31 | CN¥37.26 Million ≈ $5.45 Million |
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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 |
|---|---|
|
Air China Limited
F:AD2
|
$3.04 Billion |
|
Shenzhen FRD Science & Technology Co Ltd
SHE:300602
|
$3.04 Billion |
|
Walvax BioTech
SHE:300142
|
$3.04 Billion |
|
PENNON GROUP PLC UNS.ADR2
F:3PN0
|
$3.04 Billion |
|
Breville Group Ltd
AU:BRG
|
$3.04 Billion |
|
MOBVISTA INC. DL-01
F:6MO
|
$3.04 Billion |
|
Centuri Holdings, Inc.
NYSE:CTRI
|
$3.04 Billion |
|
Old Mutual Ltd
JSE:OMU
|
$3.04 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: 10.94x
- 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 305.83x to 10.94x 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¥10.76 | x |
| 1993-12-31 | CN¥0.28 | CN¥10.76 | x |
| 1994-12-31 | CN¥0.27 | CN¥10.76 | x |
| 1995-12-31 | CN¥0.22 | CN¥10.76 | x |
| 1996-12-31 | CN¥0.41 | CN¥10.76 | x |
| 1997-12-31 | CN¥0.54 | CN¥10.76 | x |
| 1998-12-31 | CN¥0.30 | CN¥10.76 | x |
| 1999-12-31 | CN¥0.24 | CN¥10.76 | x |
| 2000-12-31 | CN¥0.16 | CN¥10.76 | x |
| 2001-12-31 | CN¥0.33 | CN¥10.76 | x |
| 2002-12-31 | CN¥0.32 | CN¥10.76 | x |
| 2003-12-31 | CN¥0.02 | CN¥10.76 | x |
| 2004-12-31 | CN¥-0.33 | CN¥10.76 | x |
| 2005-12-31 | CN¥-0.58 | CN¥10.76 | x |
| 2006-12-31 | CN¥-0.49 | CN¥10.76 | x |
| 2007-12-31 | CN¥-0.17 | CN¥10.76 | x |
| 2008-12-31 | CN¥0.23 | CN¥10.76 | x |
| 2009-12-31 | CN¥0.27 | CN¥10.76 | x |
| 2010-12-31 | CN¥0.66 | CN¥10.76 | x |
| 2011-12-31 | CN¥0.59 | CN¥10.76 | x |
| 2012-12-31 | CN¥0.60 | CN¥10.76 | x |
| 2013-12-31 | CN¥0.63 | CN¥10.76 | x |
| 2014-12-31 | CN¥0.67 | CN¥10.76 | x |
| 2015-12-31 | CN¥1.83 | CN¥10.76 | x |
| 2016-12-31 | CN¥1.64 | CN¥10.76 | x |
| 2017-12-31 | CN¥1.64 | CN¥10.76 | x |
| 2018-12-31 | CN¥1.64 | CN¥10.76 | x |
| 2019-12-31 | CN¥1.66 | CN¥10.76 | x |
| 2020-12-31 | CN¥1.55 | CN¥10.76 | x |
| 2021-12-31 | CN¥1.34 | CN¥10.76 | x |
| 2022-12-31 | CN¥1.23 | CN¥10.76 | x |
| 2023-12-31 | CN¥1.07 | CN¥10.76 | x |
| 2024-12-31 | CN¥0.98 | CN¥10.76 | 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: $1,558,304,836
- Average return on equity (ROE) among peers: 4.71%
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 | $3.04 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $379.81 Million | 2.85% | 2.84x | $338.96 Million |
| Dare Technology Co Ltd (000910) | $937.26 Million | 6.63% | 0.72x | $543.89 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $769.74 Million | 3.59% | 0.26x | $1.80 Billion |
| Fujian Jinsen Forestry Co Ltd (002679) | $724.07 Million | 5.12% | 1.28x | $376.03 Million |
| Kangxin New Materials Co Ltd (600076) | $4.88 Billion | 0.62% | 0.64x | $655.17 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $309.12 Million | 8.24% | 0.67x | $418.24 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $2.91 Billion | 5.93% | 0.32x | $446.15 Million |
About Zhongfu Straits Pingtan Development Co Ltd
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