Fujian Guanfu Modern Household Wares Co Ltd Net Assets

Latest as of September 2025: CN¥3.51 Billion CNY ≈ $513.50 Million USD

Fujian Guanfu Modern Household Wares Co Ltd net assets. Based on the latest financial reports, Fujian Guanfu Modern Household Wares Co Ltd (002102) has net assets worth CN¥3.51 Billion CNY (≈ $513.50 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¥6.79 Billion ≈ $992.98 Million USD) and total liabilities (CN¥3.28 Billion ≈ $479.48 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 002102 shareholders equity momentum to track the company's year-over-year net asset growth rate.

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

Net Assets of Fujian Guanfu Modern Household Wares Co Ltd (2003–2024)

Net assets of Fujian Guanfu Modern Household Wares Co Ltd from 2003 to 2024. This chart illustrates how Fujian Guanfu Modern Household Wares Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002102 equity to assets ratio to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see market value of Fujian Guanfu Modern Household Wares Co .

Year	Net Assets	Change
2024-12-31	CN¥3.71 Billion ≈ $542.61 Million	-13.46%
2023-12-31	CN¥4.28 Billion ≈ $626.96 Million	+6.71%
2022-12-31	CN¥4.02 Billion ≈ $587.53 Million	+13.04%
2021-12-31	CN¥3.55 Billion ≈ $519.77 Million	+3.53%
2020-12-31	CN¥3.43 Billion ≈ $502.03 Million	+3.41%
2019-12-31	CN¥3.32 Billion ≈ $485.45 Million	+35.77%
2018-12-31	CN¥2.44 Billion ≈ $357.55 Million	-54.25%
2017-12-31	CN¥5.34 Billion ≈ $781.62 Million	+16.46%
2016-12-31	CN¥4.59 Billion ≈ $671.15 Million	+57.67%
2015-12-31	CN¥2.91 Billion ≈ $425.68 Million	+41.38%
2014-12-31	CN¥2.06 Billion ≈ $301.09 Million	+201.28%
2013-12-31	CN¥682.94 Million ≈ $99.94 Million	+3.89%
2012-12-31	CN¥657.35 Million ≈ $96.19 Million	+40.21%
2011-12-31	CN¥468.84 Million ≈ $68.61 Million	-20.99%
2010-12-31	CN¥593.40 Million ≈ $86.83 Million	+40.87%
2009-12-31	CN¥421.24 Million ≈ $61.64 Million	+3.13%
2008-12-31	CN¥408.46 Million ≈ $59.77 Million	-1.52%
2007-12-31	CN¥414.78 Million ≈ $60.69 Million	+4.36%
2006-12-31	CN¥397.46 Million ≈ $58.16 Million	+102.51%
2005-12-31	CN¥196.26 Million ≈ $28.72 Million	+19.92%
2004-12-31	CN¥163.66 Million ≈ $23.95 Million	+24.81%
2003-12-31	CN¥131.13 Million ≈ $19.19 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.

Fujian Guanfu Modern Household Wares Co Ltd Net Assets Breakdown (December 2024)

Fujian Guanfu Modern Household Wares Co Ltd net assets breakdown by equity component as of 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
Genomma Lab Internacional S.A.B. de C.V MX:LABB	$851.93 Million
Cheng Loong Corp TW:1904	$851.97 Million
Dynamatic Technologies Limited NSE:DYNAMATECH	$851.98 Million
PARATUS ENERGY SERVICES LTD OL:PLSV	$852.80 Million
Artis Real Estate Investment Trust TO:AX-UN	$851.22 Million
JM AB (publ) ST:JM	$851.06 Million
Quidel Corporation NASDAQ:QDEL	$851.02 Million
Treasure ASA OL:TRE	$850.94 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: 1.77x
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 14.79x to 1.77x 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¥2.35	x
2004-12-31	CN¥0.19	CN¥2.35	x
2005-12-31	CN¥0.23	CN¥2.35	x
2006-12-31	CN¥0.49	CN¥2.35	x
2007-12-31	CN¥0.57	CN¥2.35	x
2008-12-31	CN¥0.38	CN¥2.35	x
2009-12-31	CN¥0.38	CN¥2.35	x
2010-12-31	CN¥1.00	CN¥2.35	x
2011-12-31	CN¥0.36	CN¥2.35	x
2012-12-31	CN¥0.51	CN¥2.35	x
2013-12-31	CN¥0.54	CN¥2.35	x
2014-12-31	CN¥1.19	CN¥2.35	x
2015-12-31	CN¥1.31	CN¥2.35	x
2016-12-31	CN¥2.08	CN¥2.35	x
2017-12-31	CN¥2.03	CN¥2.35	x
2018-12-31	CN¥0.94	CN¥2.35	x
2019-12-31	CN¥1.21	CN¥2.35	x
2020-12-31	CN¥1.26	CN¥2.35	x
2021-12-31	CN¥1.30	CN¥2.35	x
2022-12-31	CN¥1.47	CN¥2.35	x
2023-12-31	CN¥1.55	CN¥2.35	x
2024-12-31	CN¥1.33	CN¥2.35	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: $2,807,757,727
Average return on equity (ROE) among peers: 2.23%

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	$851.32 Million
China Baoan Group Co Ltd (000009)	$15.66 Billion	6.61%	1.37x	$2.43 Billion
Yunding Technology Co Ltd (000409)	$243.92 Million	-7.55%	0.08x	$795.39 Million
Create Technology & Science Co Ltd (000551)	$251.29 Million	12.94%	2.35x	$788.76 Million
Sundiro Holding Co Ltd (000571)	$1.01 Billion	-3.72%	1.94x	$599.22 Million
Guangdong Ganhua Science & Industry Co Ltd (000576)	$1.02 Billion	-27.62%	0.18x	$457.25 Million
Macrolink Real Estate Co Ltd (000620)	$2.41 Million	23.56%	1.36x	$2.23 Billion
Tianjin Economic-technological Development Area Co Ltd (000652)	$6.03 Billion	1.37%	4.57x	$654.25 Million
CHTC Helon Co Ltd (000677)	$293.80 Million	12.95%	1.26x	$202.28 Million
Gansu Yatai Industrial Development Co Ltd (000691)	$632.12 Million	0.74%	0.28x	$528.63 Million
Hunan Fazhan Industrial Co Ltd (000722)	$2.92 Billion	3.04%	0.07x	$1.07 Billion

About Fujian Guanfu Modern Household Wares Co Ltd

SHE:002102 China Conglomerates

Market Cap

$851.32 Million

CN¥5.82 Billion CNY

Market Cap Rank

#9219 Global

#2206 in China

Share Price

CN¥2.35

Change (1 day)

-1.26%

52-Week Range

CN¥2.07 - CN¥3.91

All Time High

CN¥6.36