Fujian SBS Zipper Science Tech (002098) - Net Assets
Based on the latest financial reports, Fujian SBS Zipper Science Tech (002098) has net assets worth CN¥1.58 Billion CNY (≈ $231.47 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.47 Billion ≈ $361.87 Million USD) and total liabilities (CN¥891.11 Million ≈ $130.40 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 002098 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.58 Billion |
| % of Total Assets | 63.97% |
| Annual Growth Rate | 11.37% |
| 5-Year Change | 45.58% |
| 10-Year Change | 32.65% |
| Growth Volatility | 37.16 |
Fujian SBS Zipper Science Tech - Net Assets Trend (2003–2025)
This chart illustrates how Fujian SBS Zipper Science Tech's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Fujian SBS Zipper Science Tech market cap and net worth.
Annual Net Assets for Fujian SBS Zipper Science Tech (2003–2025)
The table below shows the annual net assets of Fujian SBS Zipper Science Tech from 2003 to 2025. Also explore Fujian SBS Zipper Science Tech equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.50 Billion ≈ $219.33 Million |
+12.68% |
| 2024-12-31 | CN¥1.33 Billion ≈ $194.66 Million |
+10.52% |
| 2023-12-31 | CN¥1.20 Billion ≈ $176.13 Million |
+10.29% |
| 2022-12-31 | CN¥1.09 Billion ≈ $159.70 Million |
+6.00% |
| 2021-12-31 | CN¥1.03 Billion ≈ $150.66 Million |
+13.47% |
| 2020-12-31 | CN¥907.36 Million ≈ $132.77 Million |
+25.79% |
| 2019-12-31 | CN¥721.33 Million ≈ $105.55 Million |
+4.78% |
| 2018-12-31 | CN¥688.41 Million ≈ $100.74 Million |
-50.52% |
| 2017-12-31 | CN¥1.39 Billion ≈ $203.60 Million |
+23.13% |
| 2016-12-31 | CN¥1.13 Billion ≈ $165.35 Million |
+8.49% |
| 2015-12-31 | CN¥1.04 Billion ≈ $152.41 Million |
+51.60% |
| 2014-12-31 | CN¥687.01 Million ≈ $100.53 Million |
+7.18% |
| 2013-12-31 | CN¥640.99 Million ≈ $93.80 Million |
+7.37% |
| 2012-12-31 | CN¥597.01 Million ≈ $87.36 Million |
-10.91% |
| 2011-12-31 | CN¥670.15 Million ≈ $98.06 Million |
+3.92% |
| 2010-12-31 | CN¥644.88 Million ≈ $94.37 Million |
+6.84% |
| 2009-12-31 | CN¥603.58 Million ≈ $88.32 Million |
+3.12% |
| 2008-12-31 | CN¥585.31 Million ≈ $85.65 Million |
-3.10% |
| 2007-12-31 | CN¥604.03 Million ≈ $88.39 Million |
+16.25% |
| 2006-12-31 | CN¥519.60 Million ≈ $76.03 Million |
+166.04% |
| 2005-12-31 | CN¥195.31 Million ≈ $28.58 Million |
+15.23% |
| 2004-12-31 | CN¥169.49 Million ≈ $24.80 Million |
+20.78% |
| 2003-12-31 | CN¥140.34 Million ≈ $20.54 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian SBS Zipper Science Tech'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 3388.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥689.25 Million | 46.18% |
| Other Components | CN¥803.26 Million | 53.82% |
| Total Equity | CN¥1.49 Billion | 100.00% |
Fujian SBS Zipper Science Tech Competitors by Market Cap
The table below lists competitors of Fujian SBS Zipper Science Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Promotora de Informaciones SA
MC:PRS
|
$413.34 Million |
|
Jasmine International Public Company Limited
BK:JAS-R
|
$413.53 Million |
|
Bandwidth Inc
NASDAQ:BAND
|
$413.87 Million |
|
Eurocharm Holdings Co Ltd
TW:5288
|
$413.93 Million |
|
PEPPER MONEY LTD.
F:X95
|
$413.28 Million |
|
Altimmune Inc
NASDAQ:ALT
|
$413.26 Million |
|
Hyundai Green Food Co. Ltd.
KO:453340
|
$413.26 Million |
|
SHELF DRILLING LTD
F:6SD
|
$413.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian SBS Zipper Science Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,323,221,145 to 1,492,511,413, a change of 169,290,268 (12.8%).
- Net income of 205,842,754 contributed positively to equity growth.
- Dividend payments of 42,039,735 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥205.84 Million | +13.79% |
| Dividends Paid | CN¥42.04 Million | -2.82% |
| Other Changes | CN¥5.49 Million | +0.37% |
| Total Change | CN¥- | 12.79% |
Book Value vs Market Value Analysis
This analysis compares Fujian SBS Zipper Science Tech'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: 1.89x
- 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 12.28x to 1.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.64 | CN¥7.89 | x |
| 2004-12-31 | CN¥0.78 | CN¥7.89 | x |
| 2005-12-31 | CN¥0.90 | CN¥7.89 | x |
| 2006-12-31 | CN¥2.45 | CN¥7.89 | x |
| 2007-12-31 | CN¥1.76 | CN¥7.89 | x |
| 2008-12-31 | CN¥1.72 | CN¥7.89 | x |
| 2009-12-31 | CN¥1.77 | CN¥7.89 | x |
| 2010-12-31 | CN¥1.87 | CN¥7.89 | x |
| 2011-12-31 | CN¥2.01 | CN¥7.89 | x |
| 2012-12-31 | CN¥1.93 | CN¥7.89 | x |
| 2013-12-31 | CN¥2.06 | CN¥7.89 | x |
| 2014-12-31 | CN¥2.20 | CN¥7.89 | x |
| 2015-12-31 | CN¥3.33 | CN¥7.89 | x |
| 2016-12-31 | CN¥3.15 | CN¥7.89 | x |
| 2017-12-31 | CN¥3.39 | CN¥7.89 | x |
| 2018-12-31 | CN¥1.57 | CN¥7.89 | x |
| 2019-12-31 | CN¥1.73 | CN¥7.89 | x |
| 2020-12-31 | CN¥2.29 | CN¥7.89 | x |
| 2021-12-31 | CN¥2.64 | CN¥7.89 | x |
| 2022-12-31 | CN¥2.86 | CN¥7.89 | x |
| 2023-12-31 | CN¥3.20 | CN¥7.89 | x |
| 2024-12-31 | CN¥3.70 | CN¥7.89 | x |
| 2025-12-31 | CN¥4.17 | CN¥7.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian SBS Zipper Science Tech 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): 13.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.42%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.52x
- Recent ROE (13.79%) is above the historical average (5.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.86% | 5.98% | 1.01x | 2.80x | CN¥8.57 Million |
| 2004 | 18.15% | 6.50% | 0.86x | 3.26x | CN¥12.41 Million |
| 2005 | 16.52% | 5.85% | 0.86x | 3.29x | CN¥11.47 Million |
| 2006 | 9.94% | 7.61% | 0.63x | 2.06x | CN¥-288.53K |
| 2007 | 11.94% | 7.53% | 0.72x | 2.22x | CN¥10.52 Million |
| 2008 | 3.93% | 2.43% | 0.70x | 2.32x | CN¥-32.31 Million |
| 2009 | 5.68% | 4.09% | 0.60x | 2.31x | CN¥-23.67 Million |
| 2010 | 9.11% | 5.27% | 0.76x | 2.28x | CN¥-5.19 Million |
| 2011 | 10.47% | 6.24% | 0.77x | 2.18x | CN¥2.92 Million |
| 2012 | 6.07% | 3.88% | 0.70x | 2.22x | CN¥-23.47 Million |
| 2013 | 9.46% | 6.02% | 0.76x | 2.06x | CN¥-3.49 Million |
| 2014 | 11.38% | 7.45% | 0.76x | 2.00x | CN¥9.50 Million |
| 2015 | 6.91% | 6.91% | 0.71x | 1.42x | CN¥-32.18 Million |
| 2016 | 10.49% | 10.08% | 0.80x | 1.29x | CN¥5.50 Million |
| 2017 | 9.73% | 6.40% | 0.58x | 2.60x | CN¥-3.33 Million |
| 2018 | -115.12% | -28.59% | 1.06x | 3.80x | CN¥-706.17 Million |
| 2019 | 8.80% | 2.84% | 0.94x | 3.30x | CN¥-7.46 Million |
| 2020 | 24.50% | 12.62% | 0.72x | 2.70x | CN¥118.74 Million |
| 2021 | 13.36% | 5.58% | 1.07x | 2.24x | CN¥31.75 Million |
| 2022 | 7.98% | 3.87% | 1.15x | 1.80x | CN¥-20.71 Million |
| 2023 | 10.52% | 5.87% | 1.10x | 1.62x | CN¥5.98 Million |
| 2024 | 15.26% | 7.68% | 1.25x | 1.59x | CN¥69.58 Million |
| 2025 | 13.79% | 7.42% | 1.22x | 1.52x | CN¥56.59 Million |
Industry Comparison
This section compares Fujian SBS Zipper Science Tech's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,846,694,914
- Average return on equity (ROE) among peers: 2.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian SBS Zipper Science Tech (002098) | CN¥1.58 Billion | 16.86% | 0.56x | $413.33 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $1.81 Billion | 13.05% | 0.18x | $1.97 Billion |
| Fujian Septwolves Industry Co Ltd (002029) | $1.66 Billion | 17.01% | 0.46x | $843.91 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $4.05 Billion | 11.33% | 0.48x | $820.02 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $2.88 Billion | 1.40% | 1.51x | $518.40 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $380.29 Million | 14.59% | 1.41x | $470.41 Million |
| Cedar Development Co Ltd (002485) | $1.97 Billion | 1.15% | 0.40x | $461.70 Million |
| Huasi Agricultural Development Co Ltd (002494) | $1.21 Billion | 1.84% | 0.34x | $253.43 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $11.50 Billion | 7.01% | 0.49x | $2.12 Billion |
| Zhejiang Busen Garments Co Ltd (002569) | $162.66 Million | -41.44% | 0.82x | $232.65 Million |
About Fujian SBS Zipper Science Tech
Fujian SBS Zipper Science&Technology Co., Ltd engages in the production and sale of zippers and accessories in China and internationally. The company offers nylon, metal, plastic, recycle, and water-resistant zippers, as well as sliders and pullers. It also exports its products to approximately 90 countries. The company was founded in 1984 and is headquartered in Jinjiang, China.