Foshan Saturday Shoes Co Ltd

SHE:002291 China Advertising Agencies
Market Cap
$867.04 Million
CN¥6.36 Billion CNY
Market Cap Rank
#8817 Global
#1726 in China
Share Price
CN¥6.80
Change (1 day)
-2.30%
52-Week Range
CN¥5.28 - CN¥9.04
All Time High
CN¥34.10
About

Guangdong Yowant Technology Group Co., Ltd. engages in the digital marketing business in China. It offers internet advertising, social e-commerce services, and marketing services. The company also sells fashion leather shoes, apparel; and the wholesale and retail of various fashion products. In addition, it offers its products under the ST&SAT, D:FUSE, SAFIYA, SATURDAYMODE, and FONDBERYL brand na… Read more

Foshan Saturday Shoes Co Ltd (002291) - Net Assets

Latest net assets as of September 2025: CN¥3.03 Billion CNY

Based on the latest financial reports, Foshan Saturday Shoes Co Ltd (002291) has net assets worth CN¥3.03 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¥4.97 Billion) and total liabilities (CN¥1.94 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¥3.03 Billion
% of Total Assets 60.98%
Annual Growth Rate 21.0%
5-Year Change 2.44%
10-Year Change 89.18%
Growth Volatility 77.17

Foshan Saturday Shoes Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Foshan Saturday Shoes 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 Foshan Saturday Shoes Co Ltd (2006–2024)

The table below shows the annual net assets of Foshan Saturday Shoes Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.45 Billion -22.42%
2023-12-31 CN¥4.44 Billion -15.02%
2022-12-31 CN¥5.23 Billion -6.54%
2021-12-31 CN¥5.60 Billion +66.28%
2020-12-31 CN¥3.37 Billion -1.87%
2019-12-31 CN¥3.43 Billion +126.88%
2018-12-31 CN¥1.51 Billion +0.06%
2017-12-31 CN¥1.51 Billion -18.16%
2016-12-31 CN¥1.85 Billion +1.29%
2015-12-31 CN¥1.82 Billion +8.50%
2014-12-31 CN¥1.68 Billion +1.80%
2013-12-31 CN¥1.65 Billion +2.24%
2012-12-31 CN¥1.61 Billion +2.55%
2011-12-31 CN¥1.57 Billion +7.63%
2010-12-31 CN¥1.46 Billion +6.78%
2009-12-31 CN¥1.37 Billion +297.80%
2008-12-31 CN¥344.26 Million +33.81%
2007-12-31 CN¥257.27 Million +130.72%
2006-12-31 CN¥111.51 Million --

Equity Component Analysis

This analysis shows how different components contribute to Foshan Saturday Shoes 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 5978.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥929.78 Million 27.09%
Other Components CN¥5.28 Billion 153.71%
Total Equity CN¥3.43 Billion 100.00%

Foshan Saturday Shoes Co Ltd Competitors by Market Cap

The table below lists competitors of Foshan Saturday Shoes Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Foshan Saturday Shoes Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,436,962,075 to 3,432,773,485, a change of -1,004,188,590 (-22.6%).
  • Net loss of 1,001,261,962 reduced equity.
  • Dividend payments of 36,495,804 reduced retained earnings.
  • Share repurchases of 7,528,649 reduced equity.
  • Other comprehensive income increased equity by 28,902,797.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.00 Billion -29.17%
Dividends Paid CN¥36.50 Million -1.06%
Share Repurchases CN¥7.53 Million -0.22%
Other Comprehensive Income CN¥28.90 Million +0.84%
Other Changes CN¥12.20 Million +0.36%
Total Change CN¥- -22.63%

Book Value vs Market Value Analysis

This analysis compares Foshan Saturday Shoes 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: 1.84x
  • 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 16.36x to 1.84x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.42 CN¥6.80 x
2007-12-31 CN¥0.96 CN¥6.80 x
2008-12-31 CN¥1.27 CN¥6.80 x
2009-12-31 CN¥4.53 CN¥6.80 x
2010-12-31 CN¥4.08 CN¥6.80 x
2011-12-31 CN¥4.25 CN¥6.80 x
2012-12-31 CN¥4.26 CN¥6.80 x
2013-12-31 CN¥4.29 CN¥6.80 x
2014-12-31 CN¥4.60 CN¥6.80 x
2015-12-31 CN¥4.83 CN¥6.80 x
2016-12-31 CN¥4.41 CN¥6.80 x
2017-12-31 CN¥3.72 CN¥6.80 x
2018-12-31 CN¥3.33 CN¥6.80 x
2019-12-31 CN¥5.36 CN¥6.80 x
2020-12-31 CN¥4.50 CN¥6.80 x
2021-12-31 CN¥7.16 CN¥6.80 x
2022-12-31 CN¥5.76 CN¥6.80 x
2023-12-31 CN¥4.86 CN¥6.80 x
2024-12-31 CN¥3.69 CN¥6.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Foshan Saturday Shoes 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): -29.17%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -21.02%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 1.64x
  • Recent ROE (-29.17%) is below the historical average (2.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 42.81% 12.55% 1.17x 2.91x CN¥36.58 Million
2007 33.32% 14.13% 1.19x 1.98x CN¥59.99 Million
2008 29.91% 13.39% 1.04x 2.15x CN¥68.52 Million
2009 8.31% 12.94% 0.49x 1.32x CN¥-23.12 Million
2010 6.86% 8.77% 0.64x 1.23x CN¥-45.91 Million
2011 6.35% 7.38% 0.66x 1.30x CN¥-57.23 Million
2012 3.52% 3.56% 0.59x 1.67x CN¥-102.79 Million
2013 2.10% 1.84% 0.64x 1.77x CN¥-128.00 Million
2014 2.17% 2.04% 0.62x 1.71x CN¥-129.50 Million
2015 1.24% 1.37% 0.54x 1.67x CN¥-158.87 Million
2016 1.13% 1.40% 0.50x 1.63x CN¥-162.89 Million
2017 -23.67% -23.41% 0.47x 2.14x CN¥-500.78 Million
2018 0.30% 0.30% 0.49x 2.06x CN¥-144.72 Million
2019 4.48% 7.27% 0.39x 1.58x CN¥-185.37 Million
2020 0.73% 1.13% 0.40x 1.62x CN¥-308.34 Million
2021 -12.49% -24.74% 0.40x 1.27x CN¥-1.25 Billion
2022 -5.04% -6.73% 0.58x 1.30x CN¥-783.36 Million
2023 -23.66% -21.97% 0.70x 1.53x CN¥-1.49 Billion
2024 -29.17% -21.02% 0.85x 1.64x CN¥-1.34 Billion

Industry Comparison

This section compares Foshan Saturday Shoes Co Ltd's net assets metrics with peer companies in the Advertising Agencies industry.

Industry Context

  • Industry: Advertising Agencies
  • Average net assets among peers: $953,454,641
  • Average return on equity (ROE) among peers: 67.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Foshan Saturday Shoes Co Ltd (002291) CN¥3.03 Billion 42.81% 0.64x $687.03 Million
Genimous Technology Co Ltd (000676) $14.87 Million 0.00% 0.30x $1.04 Billion
Hunan TV & Broadcast Intermediary Co Ltd (000917) $755.42 Million 8.03% 0.57x $1.52 Billion
Focus Media Information Technology Co Ltd (002027) $495.40 Million 487.45% 0.19x $9.18 Billion
NanJi ECommerce Co Ltd (002127) $153.93 Million 4.67% 3.70x $589.83 Million
Leo Group Co Ltd (002131) $562.88 Million 17.30% 0.33x $5.52 Billion
Guangdong Advertising Co Ltd (002400) $5.47 Billion 11.17% 0.91x $1.68 Billion
Simei Media Co Ltd (002712) $831.91 Million 8.51% 0.43x $249.94 Million
Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) $240.85 Million 20.86% 1.01x $311.73 Million
Beijing Quanshi World Online Net (002995) $53.09 Million 46.94% 1.74x $338.80 Million