Fujian Zhangzhou Development Co Ltd

SHE:000753 China Auto & Truck Dealerships
Market Cap
$931.05 Million
CN¥6.83 Billion CNY
Market Cap Rank
#10222 Global
#2222 in China
Share Price
CN¥6.89
Change (1 day)
-1.57%
52-Week Range
CN¥4.58 - CN¥10.63
All Time High
CN¥10.63
About

Fujian Zhangzhou Development Co.,Ltd. primarily engages in water resources development and utilization, new energy, and fuel vehicle sales businesses in China. It is involved in the water affairs, sewage treatment, and real estate businesses, as well as tap water production, electricity, and other engineering construction activities. The company was formerly known as Fujian Shining Group Co., Ltd… Read more

Fujian Zhangzhou Development Co Ltd (000753) - Net Assets

Latest net assets as of September 2025: CN¥3.39 Billion CNY

Based on the latest financial reports, Fujian Zhangzhou Development Co Ltd (000753) has net assets worth CN¥3.39 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¥12.42 Billion) and total liabilities (CN¥9.03 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¥3.39 Billion
% of Total Assets 27.29%
Annual Growth Rate 13.66%
5-Year Change 53.17%
10-Year Change 168.03%
Growth Volatility 34.68

Fujian Zhangzhou Development Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Fujian Zhangzhou 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 Fujian Zhangzhou Development Co Ltd (1994–2024)

The table below shows the annual net assets of Fujian Zhangzhou Development Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.94 Billion +31.37%
2023-12-31 CN¥3.00 Billion +4.61%
2022-12-31 CN¥2.87 Billion +4.83%
2021-12-31 CN¥2.73 Billion +6.31%
2020-12-31 CN¥2.57 Billion +5.95%
2019-12-31 CN¥2.43 Billion +1.50%
2018-12-31 CN¥2.39 Billion +7.83%
2017-12-31 CN¥2.22 Billion -2.25%
2016-12-31 CN¥2.27 Billion +54.37%
2015-12-31 CN¥1.47 Billion -12.52%
2014-12-31 CN¥1.68 Billion +69.56%
2013-12-31 CN¥990.46 Million +11.55%
2012-12-31 CN¥887.94 Million +36.45%
2011-12-31 CN¥650.73 Million +10.93%
2010-12-31 CN¥586.60 Million +11.94%
2009-12-31 CN¥524.03 Million +11.23%
2008-12-31 CN¥471.12 Million +8.21%
2007-12-31 CN¥435.38 Million -30.04%
2006-12-31 CN¥622.35 Million -17.81%
2005-12-31 CN¥757.20 Million -31.25%
2004-12-31 CN¥1.10 Billion +6.15%
2003-12-31 CN¥1.04 Billion +1.47%
2002-12-31 CN¥1.02 Billion +9.77%
2001-12-31 CN¥931.49 Million +55.70%
2000-12-31 CN¥598.26 Million +6.48%
1999-12-31 CN¥561.84 Million +8.74%
1998-12-31 CN¥516.68 Million +11.69%
1997-12-31 CN¥462.61 Million +156.00%
1996-12-31 CN¥180.71 Million +54.47%
1995-12-31 CN¥116.98 Million +38.34%
1994-12-31 CN¥84.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Fujian Zhangzhou 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 grown by 26061.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥988.66 Million 29.82%
Common Stock CN¥991.48 Million 29.90%
Other Comprehensive Income CN¥703.62 Million 21.22%
Other Components CN¥632.18 Million 19.06%
Total Equity CN¥3.32 Billion 100.00%

Fujian Zhangzhou Development Co Ltd Competitors by Market Cap

The table below lists competitors of Fujian Zhangzhou Development Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,695,079,508 to 3,315,945,147, a change of 620,865,639 (23.0%).
  • Net income of 53,413,056 contributed positively to equity growth.
  • Dividend payments of 183,753,913 reduced retained earnings.
  • Other comprehensive income increased equity by 703,624,689.
  • Other factors increased equity by 47,581,807.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥53.41 Million +1.61%
Dividends Paid CN¥183.75 Million -5.54%
Other Comprehensive Income CN¥703.62 Million +21.22%
Other Changes CN¥47.58 Million +1.43%
Total Change CN¥- 23.04%

Book Value vs Market Value Analysis

This analysis compares Fujian Zhangzhou 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: 2.06x
  • 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 58.09x to 2.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.12 CN¥6.89 x
1995-12-31 CN¥0.16 CN¥6.89 x
1996-12-31 CN¥0.25 CN¥6.89 x
1997-12-31 CN¥0.65 CN¥6.89 x
1998-12-31 CN¥0.73 CN¥6.89 x
1999-12-31 CN¥0.79 CN¥6.89 x
2000-12-31 CN¥0.85 CN¥6.89 x
2001-12-31 CN¥1.17 CN¥6.89 x
2002-12-31 CN¥1.25 CN¥6.89 x
2003-12-31 CN¥1.32 CN¥6.89 x
2004-12-31 CN¥1.35 CN¥6.89 x
2005-12-31 CN¥0.96 CN¥6.89 x
2006-12-31 CN¥0.75 CN¥6.89 x
2007-12-31 CN¥0.60 CN¥6.89 x
2008-12-31 CN¥0.66 CN¥6.89 x
2009-12-31 CN¥0.73 CN¥6.89 x
2010-12-31 CN¥0.82 CN¥6.89 x
2011-12-31 CN¥0.90 CN¥6.89 x
2012-12-31 CN¥1.01 CN¥6.89 x
2013-12-31 CN¥0.95 CN¥6.89 x
2014-12-31 CN¥1.97 CN¥6.89 x
2015-12-31 CN¥1.49 CN¥6.89 x
2016-12-31 CN¥2.39 CN¥6.89 x
2017-12-31 CN¥2.19 CN¥6.89 x
2018-12-31 CN¥2.28 CN¥6.89 x
2019-12-31 CN¥2.40 CN¥6.89 x
2020-12-31 CN¥2.48 CN¥6.89 x
2021-12-31 CN¥2.62 CN¥6.89 x
2022-12-31 CN¥2.66 CN¥6.89 x
2023-12-31 CN¥2.72 CN¥6.89 x
2024-12-31 CN¥3.34 CN¥6.89 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fujian Zhangzhou 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): 1.61%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.62%
  • • Asset Turnover: 0.27x
  • • Equity Multiplier: 3.67x
  • Recent ROE (1.61%) is below the historical average (6.15%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 15.56% 21.03% 0.37x 2.01x CN¥4.64 Million
1995 27.81% 39.72% 0.36x 1.94x CN¥20.57 Million
1996 18.72% 46.49% 0.23x 1.73x CN¥15.61 Million
1997 10.03% 46.93% 0.18x 1.20x CN¥159.90K
1998 10.33% 44.15% 0.21x 1.12x CN¥1.71 Million
1999 10.51% 43.55% 0.19x 1.25x CN¥2.83 Million
2000 6.09% 24.18% 0.20x 1.25x CN¥-23.26 Million
2001 6.70% 46.29% 0.10x 1.49x CN¥-27.12 Million
2002 7.01% 28.81% 0.17x 1.43x CN¥-26.33 Million
2003 6.01% 38.88% 0.10x 1.56x CN¥-36.97 Million
2004 3.01% 8.24% 0.19x 1.97x CN¥-66.46 Million
2005 -34.72% -35.78% 0.38x 2.52x CN¥-303.49 Million
2006 2.25% 2.92% 0.32x 2.43x CN¥-44.72 Million
2007 -3.23% -2.43% 0.44x 3.02x CN¥-56.07 Million
2008 8.33% 5.15% 0.65x 2.49x CN¥-7.72 Million
2009 9.16% 3.76% 0.99x 2.47x CN¥-4.29 Million
2010 11.01% 3.80% 0.99x 2.93x CN¥5.78 Million
2011 12.13% 3.48% 1.00x 3.49x CN¥13.49 Million
2012 11.68% 3.07% 0.94x 4.04x CN¥12.03 Million
2013 13.64% 3.67% 0.89x 4.17x CN¥29.97 Million
2014 4.82% 2.08% 0.84x 2.75x CN¥-75.76 Million
2015 -6.39% -2.69% 0.82x 2.91x CN¥-215.54 Million
2016 9.67% 6.49% 0.58x 2.57x CN¥-6.91 Million
2017 3.93% 3.11% 0.55x 2.30x CN¥-131.32 Million
2018 4.08% 3.00% 0.61x 2.24x CN¥-133.50 Million
2019 4.36% 3.64% 0.52x 2.31x CN¥-133.94 Million
2020 5.42% 4.28% 0.44x 2.88x CN¥-112.90 Million
2021 5.21% 4.43% 0.38x 3.12x CN¥-124.47 Million
2022 2.91% 2.68% 0.32x 3.40x CN¥-186.93 Million
2023 2.91% 2.15% 0.37x 3.70x CN¥-191.06 Million
2024 1.61% 1.62% 0.27x 3.67x CN¥-278.18 Million

Industry Comparison

This section compares Fujian Zhangzhou Development Co Ltd's net assets metrics with peer companies in the Auto & Truck Dealerships industry.

Industry Context

  • Industry: Auto & Truck Dealerships
  • Average net assets among peers: $513,009,286
  • Average return on equity (ROE) among peers: 12.52%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fujian Zhangzhou Development Co Ltd (000753) CN¥3.39 Billion 15.56% 2.66x $504.34 Million
CATARC Automotive Proving Ground Co.Ltd. (301215) $1.24 Billion 11.58% 0.40x $249.14 Million
Sinomach Automobile Co Ltd (600335) $301.29 Million 1.42% 1.67x $403.62 Million
Liaoning Shenhua Holdings Co Ltd (600653) $1.46 Million 24.56% 1.60x $428.45 Million