Fujian Yongan Forestry Group Joint-Stock (000663) - Net Assets
Based on the latest financial reports, Fujian Yongan Forestry Group Joint-Stock (000663) has net assets worth CN¥1.03 Billion CNY (≈ $151.01 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¥1.47 Billion ≈ $215.11 Million USD) and total liabilities (CN¥438.09 Million ≈ $64.11 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 000663 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.03 Billion |
| % of Total Assets | 70.2% |
| Annual Growth Rate | 9.34% |
| 5-Year Change | 67.48% |
| 10-Year Change | -48.71% |
| Growth Volatility | 90.37 |
Fujian Yongan Forestry Group Joint-Stock - Net Assets Trend (1993–2024)
This chart illustrates how Fujian Yongan Forestry Group Joint-Stock's net assets have evolved over time, based on quarterly financial data. Also explore 000663 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Fujian Yongan Forestry Group Joint-Stock (1993–2024)
The table below shows the annual net assets of Fujian Yongan Forestry Group Joint-Stock from 1993 to 2024. For live valuation and market cap data, see 000663 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.05 Billion ≈ $153.41 Million |
-7.49% |
| 2023-12-31 | CN¥1.13 Billion ≈ $165.82 Million |
+20.67% |
| 2022-12-31 | CN¥939.11 Million ≈ $137.42 Million |
+38.17% |
| 2021-12-31 | CN¥679.68 Million ≈ $99.46 Million |
+8.58% |
| 2020-12-31 | CN¥625.98 Million ≈ $91.60 Million |
+3.60% |
| 2019-12-31 | CN¥604.22 Million ≈ $88.42 Million |
-27.84% |
| 2018-12-31 | CN¥837.32 Million ≈ $122.53 Million |
-62.23% |
| 2017-12-31 | CN¥2.22 Billion ≈ $324.40 Million |
+2.56% |
| 2016-12-31 | CN¥2.16 Billion ≈ $316.30 Million |
+5.75% |
| 2015-12-31 | CN¥2.04 Billion ≈ $299.10 Million |
+477.33% |
| 2014-12-31 | CN¥354.04 Million ≈ $51.81 Million |
-1.83% |
| 2013-12-31 | CN¥360.64 Million ≈ $52.77 Million |
-5.05% |
| 2012-12-31 | CN¥379.81 Million ≈ $55.58 Million |
+0.85% |
| 2011-12-31 | CN¥376.60 Million ≈ $55.11 Million |
-12.11% |
| 2010-12-31 | CN¥428.46 Million ≈ $62.70 Million |
-8.77% |
| 2009-12-31 | CN¥469.66 Million ≈ $68.73 Million |
+17.02% |
| 2008-12-31 | CN¥401.36 Million ≈ $58.73 Million |
-24.67% |
| 2007-12-31 | CN¥532.79 Million ≈ $77.96 Million |
+58.38% |
| 2006-12-31 | CN¥336.40 Million ≈ $49.23 Million |
-4.77% |
| 2005-12-31 | CN¥353.24 Million ≈ $51.69 Million |
+1.54% |
| 2004-12-31 | CN¥347.90 Million ≈ $50.91 Million |
-1.79% |
| 2003-12-31 | CN¥354.24 Million ≈ $51.84 Million |
+5.12% |
| 2002-12-31 | CN¥336.98 Million ≈ $49.31 Million |
+4.20% |
| 2001-12-31 | CN¥323.42 Million ≈ $47.33 Million |
-29.54% |
| 2000-12-31 | CN¥459.01 Million ≈ $67.17 Million |
-4.46% |
| 1999-12-31 | CN¥480.44 Million ≈ $70.30 Million |
+78.95% |
| 1998-12-31 | CN¥268.47 Million ≈ $39.29 Million |
+13.16% |
| 1997-12-31 | CN¥237.25 Million ≈ $34.72 Million |
+31.53% |
| 1996-12-31 | CN¥180.39 Million ≈ $26.40 Million |
+152.30% |
| 1995-12-31 | CN¥71.50 Million ≈ $10.46 Million |
+1.23% |
| 1994-12-31 | CN¥70.63 Million ≈ $10.34 Million |
+7.17% |
| 1993-12-31 | CN¥65.91 Million ≈ $9.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Yongan Forestry Group Joint-Stock'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 89801363400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥336.68 Million | 33.08% |
| Other Comprehensive Income | CN¥-29.71 Million | -2.92% |
| Other Components | CN¥1.61 Billion | 158.07% |
| Total Equity | CN¥1.02 Billion | 100.00% |
Fujian Yongan Forestry Group Joint-Stock Competitors by Market Cap
The table below lists competitors of Fujian Yongan Forestry Group Joint-Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sphera Franchise Group SA MiFID Eligible Security
RO:SFG
|
$339.04 Million |
|
Keding Enterprises Co Ltd
TW:6655
|
$339.08 Million |
|
SUNDARAM CLAYTON LTD
NSE:SUNCLAY
|
$339.37 Million |
|
VRG SA
WAR:VRG
|
$339.40 Million |
|
Aofu Environmental Technology Co Ltd
SHG:688021
|
$338.81 Million |
|
USANA Health Sciences Inc
NYSE:USNA
|
$338.50 Million |
|
Shanghai Aiyingshi Co Ltd
SHG:603214
|
$338.35 Million |
|
Jiangsu Xinning Modern Logist
SHE:300013
|
$338.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Yongan Forestry Group Joint-Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,102,759,255 to 1,017,721,210, a change of -85,038,045 (-7.7%).
- Net loss of 85,038,418 reduced equity.
- Dividend payments of 3,947,666 reduced retained earnings.
- Other comprehensive income increased equity by 373.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-85.04 Million | -8.36% |
| Dividends Paid | CN¥3.95 Million | -0.39% |
| Other Comprehensive Income | CN¥373.00 | +0.0% |
| Other Changes | CN¥3.95 Million | +0.39% |
| Total Change | CN¥- | -7.71% |
Book Value vs Market Value Analysis
This analysis compares Fujian Yongan Forestry Group Joint-Stock'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: 2.28x
- 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 19.20x to 2.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.36 | CN¥6.88 | x |
| 1996-12-31 | CN¥0.90 | CN¥6.88 | x |
| 1997-12-31 | CN¥1.19 | CN¥6.88 | x |
| 1998-12-31 | CN¥1.35 | CN¥6.88 | x |
| 1999-12-31 | CN¥2.32 | CN¥6.88 | x |
| 2000-12-31 | CN¥2.20 | CN¥6.88 | x |
| 2001-12-31 | CN¥1.52 | CN¥6.88 | x |
| 2002-12-31 | CN¥1.59 | CN¥6.88 | x |
| 2003-12-31 | CN¥1.68 | CN¥6.88 | x |
| 2004-12-31 | CN¥1.64 | CN¥6.88 | x |
| 2005-12-31 | CN¥1.66 | CN¥6.88 | x |
| 2006-12-31 | CN¥1.59 | CN¥6.88 | x |
| 2007-12-31 | CN¥2.54 | CN¥6.88 | x |
| 2008-12-31 | CN¥1.52 | CN¥6.88 | x |
| 2009-12-31 | CN¥2.33 | CN¥6.88 | x |
| 2010-12-31 | CN¥1.93 | CN¥6.88 | x |
| 2011-12-31 | CN¥1.70 | CN¥6.88 | x |
| 2012-12-31 | CN¥1.63 | CN¥6.88 | x |
| 2013-12-31 | CN¥1.49 | CN¥6.88 | x |
| 2014-12-31 | CN¥1.56 | CN¥6.88 | x |
| 2015-12-31 | CN¥8.97 | CN¥6.88 | x |
| 2016-12-31 | CN¥6.23 | CN¥6.88 | x |
| 2017-12-31 | CN¥6.49 | CN¥6.88 | x |
| 2018-12-31 | CN¥2.38 | CN¥6.88 | x |
| 2019-12-31 | CN¥1.70 | CN¥6.88 | x |
| 2020-12-31 | CN¥1.77 | CN¥6.88 | x |
| 2021-12-31 | CN¥1.93 | CN¥6.88 | x |
| 2022-12-31 | CN¥2.70 | CN¥6.88 | x |
| 2023-12-31 | CN¥3.25 | CN¥6.88 | x |
| 2024-12-31 | CN¥3.02 | CN¥6.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Yongan Forestry Group Joint-Stock 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): -8.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.32%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.55x
- Recent ROE (-8.36%) is below the historical average (-1.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 20.09% | 9.00% | 0.86x | 2.61x | CN¥7.21 Million |
| 1996 | 12.43% | 13.71% | 0.58x | 1.56x | CN¥4.38 Million |
| 1997 | 21.84% | 25.43% | 0.42x | 2.05x | CN¥28.10 Million |
| 1998 | 28.25% | 24.70% | 0.56x | 2.03x | CN¥48.99 Million |
| 1999 | 10.59% | 15.05% | 0.37x | 1.90x | CN¥2.72 Million |
| 2000 | 2.83% | 3.48% | 0.37x | 2.18x | CN¥-31.55 Million |
| 2001 | 2.61% | 2.58% | 0.36x | 2.82x | CN¥-22.48 Million |
| 2002 | 3.82% | 4.20% | 0.37x | 2.44x | CN¥-19.63 Million |
| 2003 | 5.08% | 5.44% | 0.38x | 2.48x | CN¥-16.46 Million |
| 2004 | 0.99% | 0.99% | 0.38x | 2.63x | CN¥-29.51 Million |
| 2005 | 1.35% | 1.23% | 0.37x | 2.99x | CN¥-28.72 Million |
| 2006 | -6.29% | -5.67% | 0.33x | 3.39x | CN¥-50.72 Million |
| 2007 | 5.12% | 5.58% | 0.36x | 2.54x | CN¥-24.77 Million |
| 2008 | 1.28% | 1.11% | 0.39x | 2.94x | CN¥-32.68 Million |
| 2009 | -1.72% | -2.14% | 0.27x | 2.99x | CN¥-51.88 Million |
| 2010 | 2.07% | 2.80% | 0.20x | 3.79x | CN¥-31.81 Million |
| 2011 | -13.52% | -12.33% | 0.25x | 4.33x | CN¥-82.08 Million |
| 2012 | 3.07% | 2.37% | 0.31x | 4.15x | CN¥-24.36 Million |
| 2013 | 3.35% | 2.42% | 0.34x | 4.07x | CN¥-22.13 Million |
| 2014 | -6.39% | -4.49% | 0.34x | 4.24x | CN¥-52.99 Million |
| 2015 | 2.23% | 5.03% | 0.22x | 1.98x | CN¥-156.42 Million |
| 2016 | 5.78% | 7.91% | 0.36x | 2.03x | CN¥-89.82 Million |
| 2017 | 3.15% | 5.54% | 0.30x | 1.91x | CN¥-149.20 Million |
| 2018 | -164.04% | -176.13% | 0.27x | 3.44x | CN¥-1.41 Billion |
| 2019 | -41.34% | -33.72% | 0.27x | 4.50x | CN¥-294.09 Million |
| 2020 | 6.10% | 6.26% | 0.38x | 2.55x | CN¥-23.26 Million |
| 2021 | 8.40% | 10.79% | 0.37x | 2.10x | CN¥-10.39 Million |
| 2022 | 29.48% | 35.42% | 0.67x | 1.24x | CN¥177.11 Million |
| 2023 | 17.23% | 27.42% | 0.41x | 1.52x | CN¥79.76 Million |
| 2024 | -8.36% | -26.32% | 0.20x | 1.55x | CN¥-186.81 Million |
Industry Comparison
This section compares Fujian Yongan Forestry Group Joint-Stock's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $436,329,791
- Average return on equity (ROE) among peers: -2.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Yongan Forestry Group Joint-Stock (000663) | CN¥1.03 Billion | 20.09% | 0.42x | $338.96 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $-521.77 Million | 0.00% | 0.00x | $3.04 Billion |
| Dare Technology Co Ltd (000910) | $845.37 Million | 6.69% | 0.45x | $543.89 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $790.57 Million | 2.93% | 0.24x | $1.80 Billion |
| Fujian Jinsen Forestry Co Ltd (002679) | $737.63 Million | 3.47% | 1.26x | $376.03 Million |
| Kangxin New Materials Co Ltd (600076) | $78.81 Million | -46.70% | 2.54x | $655.17 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $398.39 Million | 1.63% | 1.30x | $418.24 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $725.31 Million | 15.57% | 0.47x | $446.15 Million |
About Fujian Yongan Forestry Group Joint-Stock
Fujian Yongan Forestry(Group)Joint-Stock Co.,Ltd. engages in forest management and wood-based panel manufacturing in China. It offers fiberboards, decorative panels, flooring, and wooden doors; miscellaneous wood and Chinese fir; seedlings, including liquidambar formosana, red cone, camphor tree, minnan, schima superba, melaleuca alternifolia, and eucalyptus; greenery seedlings, such as lechang m… Read more