Fujian Guanfu Modern Household Wares Co Ltd
Hubei Nengte Technology Co., Ltd operates an ecommerce platform for the supply chain of plastic raw materials in China. It also engages in the research and development, production, and sale of pharmaceutical intermediates, such as montelukast sodium intermediates, rosuvastatin series intermediates, and vitamin and its intermediates, etc. In addition, it is involved in the real estate leasing and … Read more
Fujian Guanfu Modern Household Wares Co Ltd (002102) - Net Assets
Latest net assets as of September 2025: CN¥3.51 Billion CNY
Based on the latest financial reports, Fujian Guanfu Modern Household Wares Co Ltd (002102) has net assets worth CN¥3.51 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¥6.79 Billion) and total liabilities (CN¥3.28 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¥3.51 Billion |
| % of Total Assets | 51.71% |
| Annual Growth Rate | 17.25% |
| 5-Year Change | 8.08% |
| 10-Year Change | 27.47% |
| Growth Volatility | 49.98 |
Fujian Guanfu Modern Household Wares Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Fujian Guanfu Modern Household Wares 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 Guanfu Modern Household Wares Co Ltd (2003–2024)
The table below shows the annual net assets of Fujian Guanfu Modern Household Wares Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.71 Billion | -13.46% |
| 2023-12-31 | CN¥4.28 Billion | +6.71% |
| 2022-12-31 | CN¥4.02 Billion | +13.04% |
| 2021-12-31 | CN¥3.55 Billion | +3.53% |
| 2020-12-31 | CN¥3.43 Billion | +3.41% |
| 2019-12-31 | CN¥3.32 Billion | +35.77% |
| 2018-12-31 | CN¥2.44 Billion | -54.25% |
| 2017-12-31 | CN¥5.34 Billion | +16.46% |
| 2016-12-31 | CN¥4.59 Billion | +57.67% |
| 2015-12-31 | CN¥2.91 Billion | +41.38% |
| 2014-12-31 | CN¥2.06 Billion | +201.28% |
| 2013-12-31 | CN¥682.94 Million | +3.89% |
| 2012-12-31 | CN¥657.35 Million | +40.21% |
| 2011-12-31 | CN¥468.84 Million | -20.99% |
| 2010-12-31 | CN¥593.40 Million | +40.87% |
| 2009-12-31 | CN¥421.24 Million | +3.13% |
| 2008-12-31 | CN¥408.46 Million | -1.52% |
| 2007-12-31 | CN¥414.78 Million | +4.36% |
| 2006-12-31 | CN¥397.46 Million | +102.51% |
| 2005-12-31 | CN¥196.26 Million | +19.92% |
| 2004-12-31 | CN¥163.66 Million | +24.81% |
| 2003-12-31 | CN¥131.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Guanfu Modern Household Wares 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 3474.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥2.63 Billion | 75.22% |
| Other Components | CN¥1.85 Billion | 52.70% |
| Total Equity | CN¥3.50 Billion | 100.00% |
Fujian Guanfu Modern Household Wares Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Guanfu Modern Household Wares Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Man Wah Holdings Limited
F:AAM
|
$703.07 Million |
|
Surgery Partners Inc
NASDAQ:SGRY
|
$703.09 Million |
|
Iperionx Ltd
AU:IPX
|
$703.27 Million |
|
Jilin Liyuan Precision Manufacturing Co Ltd
SHE:002501
|
$703.83 Million |
|
Hosiden Corporation
F:HOD
|
$702.46 Million |
|
Grand City Properties S.A
PINK:GRNNF
|
$702.33 Million |
|
Hainan Haiyao Co Ltd
SHE:000566
|
$702.18 Million |
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
$701.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Guanfu Modern Household Wares Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,089,756,399 to 3,501,717,164, a change of -588,039,235 (-14.4%).
- Net loss of 588,029,851 reduced equity.
- Dividend payments of 39,899,551 reduced retained earnings.
- Other comprehensive income decreased equity by 184,773,241.
- Other factors increased equity by 224,663,408.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-588.03 Million | -16.79% |
| Dividends Paid | CN¥39.90 Million | -1.14% |
| Other Comprehensive Income | CN¥-184.77 Million | -5.28% |
| Other Changes | CN¥224.66 Million | +6.42% |
| Total Change | CN¥- | -14.38% |
Book Value vs Market Value Analysis
This analysis compares Fujian Guanfu Modern Household Wares 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: 2.65x
- 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 22.22x to 2.65x 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¥0.16 | CN¥3.53 | x |
| 2004-12-31 | CN¥0.19 | CN¥3.53 | x |
| 2005-12-31 | CN¥0.23 | CN¥3.53 | x |
| 2006-12-31 | CN¥0.49 | CN¥3.53 | x |
| 2007-12-31 | CN¥0.57 | CN¥3.53 | x |
| 2008-12-31 | CN¥0.38 | CN¥3.53 | x |
| 2009-12-31 | CN¥0.38 | CN¥3.53 | x |
| 2010-12-31 | CN¥1.00 | CN¥3.53 | x |
| 2011-12-31 | CN¥0.36 | CN¥3.53 | x |
| 2012-12-31 | CN¥0.51 | CN¥3.53 | x |
| 2013-12-31 | CN¥0.54 | CN¥3.53 | x |
| 2014-12-31 | CN¥1.19 | CN¥3.53 | x |
| 2015-12-31 | CN¥1.31 | CN¥3.53 | x |
| 2016-12-31 | CN¥2.08 | CN¥3.53 | x |
| 2017-12-31 | CN¥2.03 | CN¥3.53 | x |
| 2018-12-31 | CN¥0.94 | CN¥3.53 | x |
| 2019-12-31 | CN¥1.21 | CN¥3.53 | x |
| 2020-12-31 | CN¥1.26 | CN¥3.53 | x |
| 2021-12-31 | CN¥1.30 | CN¥3.53 | x |
| 2022-12-31 | CN¥1.47 | CN¥3.53 | x |
| 2023-12-31 | CN¥1.55 | CN¥3.53 | x |
| 2024-12-31 | CN¥1.33 | CN¥3.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Guanfu Modern Household Wares 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): -16.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.79%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.36x
- Recent ROE (-16.79%) is below the historical average (-1.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 17.68% | 15.11% | 0.60x | 1.95x | CN¥9.34 Million |
| 2004 | 18.44% | 12.55% | 0.72x | 2.03x | CN¥12.57 Million |
| 2005 | 16.32% | 10.31% | 0.80x | 1.99x | CN¥11.26 Million |
| 2006 | 8.79% | 10.02% | 0.45x | 1.93x | CN¥-4.54 Million |
| 2007 | 6.11% | 5.79% | 0.47x | 2.23x | CN¥-15.07 Million |
| 2008 | 1.46% | 0.89% | 0.53x | 3.13x | CN¥-33.61 Million |
| 2009 | 1.75% | 0.85% | 0.61x | 3.36x | CN¥-32.06 Million |
| 2010 | -15.64% | -12.78% | 0.40x | 3.03x | CN¥-141.87 Million |
| 2011 | -27.72% | -18.37% | 0.38x | 3.95x | CN¥-163.64 Million |
| 2012 | 3.27% | 2.93% | 0.36x | 3.12x | CN¥-42.04 Million |
| 2013 | 4.28% | 1.50% | 0.93x | 3.08x | CN¥-37.43 Million |
| 2014 | 0.28% | 0.30% | 0.42x | 2.20x | CN¥-197.49 Million |
| 2015 | 6.74% | 14.69% | 0.27x | 1.70x | CN¥-93.31 Million |
| 2016 | 5.39% | 27.66% | 0.12x | 1.56x | CN¥-209.57 Million |
| 2017 | 5.32% | 2.90% | 1.19x | 1.55x | CN¥-248.34 Million |
| 2018 | -110.05% | -18.98% | 1.86x | 3.11x | CN¥-2.96 Billion |
| 2019 | 21.65% | 4.32% | 1.94x | 2.58x | CN¥370.80 Million |
| 2020 | 3.78% | 0.98% | 1.40x | 2.76x | CN¥-206.26 Million |
| 2021 | 2.96% | 0.75% | 1.45x | 2.74x | CN¥-240.79 Million |
| 2022 | 11.51% | 3.63% | 1.34x | 2.37x | CN¥58.16 Million |
| 2023 | 6.33% | 2.32% | 1.22x | 2.24x | CN¥-150.24 Million |
| 2024 | -16.79% | -4.79% | 1.49x | 2.36x | CN¥-938.20 Million |
Industry Comparison
This section compares Fujian Guanfu Modern Household Wares Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $978,124,373
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Guanfu Modern Household Wares Co Ltd (002102) | CN¥3.51 Billion | 17.68% | 0.93x | $702.75 Million |
| China Baoan Group Co Ltd (000009) | $1.27 Billion | 1.07% | 2.24x | $1.86 Billion |
| Yunding Technology Co Ltd (000409) | $941.98 Million | 8.55% | 0.27x | $527.49 Million |
| Create Technology & Science Co Ltd (000551) | $251.29 Million | 12.94% | 2.35x | $557.14 Million |
| Sundiro Holding Co Ltd (000571) | $1.77 Billion | 7.65% | 0.23x | $606.69 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $701.02 Million | 10.07% | 0.54x | $356.12 Million |
| Macrolink Real Estate Co Ltd (000620) | $143.94 Million | 0.00% | 3.19x | $1.86 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $571.94 Million | 29.23% | 0.30x | $544.91 Million |
| CHTC Helon Co Ltd (000677) | $529.22 Million | 4.03% | 1.82x | $434.09 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $673.22 Million | 5.50% | 0.58x | $290.70 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $2.92 Billion | 3.04% | 0.07x | $393.69 Million |