Fujian SBS Zipper Science Tech (002098) - Net Assets

Latest as of March 2026: CN¥1.53 Billion CNY ≈ $223.52 Million USD

Based on the latest financial reports, Fujian SBS Zipper Science Tech (002098) has net assets worth CN¥1.53 Billion CNY (≈ $223.52 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.29 Billion ≈ $335.63 Million USD) and total liabilities (CN¥766.16 Million ≈ $112.11 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. Also explore balance sheet size of Fujian SBS Zipper Science Tech for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.53 Billion
% of Total Assets	66.6%
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. Check 002098 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see Fujian SBS Zipper Science Tech stock valuation.

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
Meteoric Resources NL AU:MEI	$355.77 Million
Parke Bancorp Inc NASDAQ:PKBK	$355.87 Million
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd SHE:002816	$355.88 Million
Xinjiang Haoyuan Natural Gas Co Ltd SHE:002700	$355.90 Million
Globe Trade Centre S.A. WAR:GTC	$355.60 Million
Shanghai Welltech Automation Co Ltd SHE:002058	$355.59 Million
Gevo Inc NASDAQ:GEVO	$355.38 Million
HPF Co Ltd SHE:300350	$355.28 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: 1.63x
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 10.57x to 1.63x 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¥6.79	x
2004-12-31	CN¥0.78	CN¥6.79	x
2005-12-31	CN¥0.90	CN¥6.79	x
2006-12-31	CN¥2.45	CN¥6.79	x
2007-12-31	CN¥1.76	CN¥6.79	x
2008-12-31	CN¥1.72	CN¥6.79	x
2009-12-31	CN¥1.77	CN¥6.79	x
2010-12-31	CN¥1.87	CN¥6.79	x
2011-12-31	CN¥2.01	CN¥6.79	x
2012-12-31	CN¥1.93	CN¥6.79	x
2013-12-31	CN¥2.06	CN¥6.79	x
2014-12-31	CN¥2.20	CN¥6.79	x
2015-12-31	CN¥3.33	CN¥6.79	x
2016-12-31	CN¥3.15	CN¥6.79	x
2017-12-31	CN¥3.39	CN¥6.79	x
2018-12-31	CN¥1.57	CN¥6.79	x
2019-12-31	CN¥1.73	CN¥6.79	x
2020-12-31	CN¥2.29	CN¥6.79	x
2021-12-31	CN¥2.64	CN¥6.79	x
2022-12-31	CN¥2.86	CN¥6.79	x
2023-12-31	CN¥3.20	CN¥6.79	x
2024-12-31	CN¥3.70	CN¥6.79	x
2025-12-31	CN¥4.17	CN¥6.79	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: $3,005,371,005
Average return on equity (ROE) among peers: -2.43%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fujian SBS Zipper Science Tech (002098)	CN¥1.53 Billion	16.86%	0.50x	$355.71 Million
Zhejiang Weixing Industrial Development Co Ltd (002003)	$1.69 Billion	10.00%	0.41x	$1.84 Billion
Fujian Septwolves Industry Co Ltd (002029)	$6.06 Billion	5.73%	0.52x	$909.93 Million
Zhejiang Baoxiniao Garment Co Ltd (002154)	$2.73 Billion	4.92%	0.60x	$894.76 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269)	$2.99 Billion	20.20%	0.82x	$522.07 Million
Zhejiang Jiaxin Silk Corp Ltd (002404)	$2.05 Billion	11.23%	0.69x	$482.70 Million
Cedar Development Co Ltd (002485)	$1.03 Billion	-18.56%	0.57x	$417.92 Million
Huasi Agricultural Development Co Ltd (002494)	$1.04 Billion	8.06%	0.36x	$253.98 Million
Zhejiang Semir Garment Co Ltd (002563)	$9.26 Billion	14.57%	0.26x	$2.50 Billion
Zhejiang Busen Garments Co Ltd (002569)	$196.75 Million	-77.99%	0.99x	$265.52 Million

About Fujian SBS Zipper Science Tech

SHE:002098 China Apparel Manufacturing

Market Cap

$355.71 Million

CN¥2.43 Billion CNY

Market Cap Rank

#13917 Global

#4127 in China

Share Price

CN¥6.79

Change (1 day)

+3.03%

52-Week Range

CN¥6.16 - CN¥11.05

All Time High

CN¥21.88