Fujian Sunner Development Co Ltd
Fujian Sunner Development Co., Ltd. engages in breeding, slaughtering, processing, and selling of chicken products in China. The company provides frozen chicken products. The company is also involved in producing livestock, animal husbandry, poultry, fish and turtle breeding; tea and fruit planting; mixed feed production; poultry slaughtering, and sale of poultry products. It supplies its product… Read more
Fujian Sunner Development Co Ltd (002299) - Net Assets
Latest net assets as of September 2025: CN¥11.38 Billion CNY
Based on the latest financial reports, Fujian Sunner Development Co Ltd (002299) has net assets worth CN¥11.38 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¥23.50 Billion) and total liabilities (CN¥12.12 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¥11.38 Billion |
| % of Total Assets | 48.42% |
| Annual Growth Rate | 19.14% |
| 5-Year Change | 9.72% |
| 10-Year Change | 87.23% |
| Growth Volatility | 38.37 |
Fujian Sunner Development Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Fujian Sunner Development 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 Sunner Development Co Ltd (2006–2024)
The table below shows the annual net assets of Fujian Sunner Development Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.45 Billion | +1.18% |
| 2023-12-31 | CN¥10.32 Billion | +3.84% |
| 2022-12-31 | CN¥9.94 Billion | +0.20% |
| 2021-12-31 | CN¥9.92 Billion | +4.22% |
| 2020-12-31 | CN¥9.52 Billion | -9.81% |
| 2019-12-31 | CN¥10.56 Billion | +30.46% |
| 2018-12-31 | CN¥8.09 Billion | +23.70% |
| 2017-12-31 | CN¥6.54 Billion | +4.47% |
| 2016-12-31 | CN¥6.26 Billion | +12.23% |
| 2015-12-31 | CN¥5.58 Billion | +53.22% |
| 2014-12-31 | CN¥3.64 Billion | +7.80% |
| 2013-12-31 | CN¥3.38 Billion | -2.74% |
| 2012-12-31 | CN¥3.47 Billion | -6.71% |
| 2011-12-31 | CN¥3.72 Billion | +108.68% |
| 2010-12-31 | CN¥1.78 Billion | +12.93% |
| 2009-12-31 | CN¥1.58 Billion | +137.16% |
| 2008-12-31 | CN¥666.13 Million | +17.70% |
| 2007-12-31 | CN¥565.96 Million | +26.67% |
| 2006-12-31 | CN¥446.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Sunner Development 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 grown by 8327.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.07 Billion | 38.95% |
| Common Stock | CN¥1.24 Billion | 11.91% |
| Other Components | CN¥5.13 Billion | 49.14% |
| Total Equity | CN¥10.44 Billion | 100.00% |
Fujian Sunner Development Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Sunner Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Heli Co Ltd
SHG:600761
|
$1.43 Billion |
|
German American Bancorp Inc
NASDAQ:GABC
|
$1.43 Billion |
|
TravelSky Technology Limited
PINK:TSYHF
|
$1.43 Billion |
|
Shanghai Beite Technology Co
SHG:603009
|
$1.43 Billion |
|
Agios Pharm
NASDAQ:AGIO
|
$1.43 Billion |
|
Qingdao Hanhe Cable Co Ltd
SHE:002498
|
$1.43 Billion |
|
HMS Networks AB (publ)
OTCGREY:HMNKF
|
$1.42 Billion |
|
Avepoint Inc
NASDAQ:AVPT
|
$1.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Sunner Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,308,123,149 to 10,439,998,355, a change of 131,875,206 (1.3%).
- Net income of 724,267,687 contributed positively to equity growth.
- Dividend payments of 576,091,438 reduced retained earnings.
- Share repurchases of 687,868 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥724.27 Million | +6.94% |
| Dividends Paid | CN¥576.09 Million | -5.52% |
| Share Repurchases | CN¥687.87K | -0.01% |
| Other Changes | CN¥-15.61 Million | -0.15% |
| Total Change | CN¥- | 1.28% |
Book Value vs Market Value Analysis
This analysis compares Fujian Sunner Development 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: 2.17x
- 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 25.40x to 2.17x 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¥0.72 | CN¥18.31 | x |
| 2007-12-31 | CN¥0.77 | CN¥18.31 | x |
| 2008-12-31 | CN¥0.90 | CN¥18.31 | x |
| 2009-12-31 | CN¥2.10 | CN¥18.31 | x |
| 2010-12-31 | CN¥2.18 | CN¥18.31 | x |
| 2011-12-31 | CN¥4.15 | CN¥18.31 | x |
| 2012-12-31 | CN¥3.66 | CN¥18.31 | x |
| 2013-12-31 | CN¥3.41 | CN¥18.31 | x |
| 2014-12-31 | CN¥3.49 | CN¥18.31 | x |
| 2015-12-31 | CN¥5.01 | CN¥18.31 | x |
| 2016-12-31 | CN¥4.81 | CN¥18.31 | x |
| 2017-12-31 | CN¥5.08 | CN¥18.31 | x |
| 2018-12-31 | CN¥6.26 | CN¥18.31 | x |
| 2019-12-31 | CN¥8.52 | CN¥18.31 | x |
| 2020-12-31 | CN¥7.68 | CN¥18.31 | x |
| 2021-12-31 | CN¥7.99 | CN¥18.31 | x |
| 2022-12-31 | CN¥7.99 | CN¥18.31 | x |
| 2023-12-31 | CN¥8.33 | CN¥18.31 | x |
| 2024-12-31 | CN¥8.44 | CN¥18.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Sunner Development 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.90%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.00x
- Recent ROE (6.94%) is below the historical average (11.45%), 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 | 11.99% | 9.28% | 0.57x | 2.27x | CN¥8.88 Million |
| 2007 | 29.57% | 18.65% | 0.79x | 2.00x | CN¥110.74 Million |
| 2008 | 27.22% | 14.00% | 0.89x | 2.20x | CN¥114.73 Million |
| 2009 | 12.68% | 13.94% | 0.66x | 1.38x | CN¥42.41 Million |
| 2010 | 15.59% | 13.44% | 0.65x | 1.80x | CN¥99.67 Million |
| 2011 | 12.94% | 15.06% | 0.62x | 1.39x | CN¥106.31 Million |
| 2012 | 0.08% | 0.06% | 0.62x | 1.99x | CN¥-329.72 Million |
| 2013 | -7.08% | -4.67% | 0.57x | 2.64x | CN¥-530.13 Million |
| 2014 | 2.40% | 1.18% | 0.64x | 3.16x | CN¥-241.82 Million |
| 2015 | -7.42% | -5.59% | 0.63x | 2.10x | CN¥-910.71 Million |
| 2016 | 12.91% | 8.32% | 0.80x | 1.93x | CN¥172.00 Million |
| 2017 | 5.04% | 3.10% | 0.77x | 2.11x | CN¥-309.72 Million |
| 2018 | 19.42% | 13.04% | 0.79x | 1.89x | CN¥730.09 Million |
| 2019 | 38.77% | 28.11% | 0.95x | 1.45x | CN¥3.04 Billion |
| 2020 | 21.44% | 14.85% | 0.92x | 1.57x | CN¥1.09 Billion |
| 2021 | 4.52% | 3.10% | 0.85x | 1.72x | CN¥-542.66 Million |
| 2022 | 4.14% | 2.44% | 0.89x | 1.91x | CN¥-582.33 Million |
| 2023 | 6.44% | 3.59% | 0.82x | 2.18x | CN¥-366.54 Million |
| 2024 | 6.94% | 3.90% | 0.89x | 2.00x | CN¥-319.73 Million |
Industry Comparison
This section compares Fujian Sunner Development Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,314,559,364
- Average return on equity (ROE) among peers: 7.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Sunner Development Co Ltd (002299) | CN¥11.38 Billion | 11.99% | 1.07x | $1.43 Billion |
| ShenZhen Kondarl Group Co Ltd (000048) | $493.88 Million | 5.67% | 1.45x | $677.04 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $473.86 Million | 3.40% | 0.49x | $192.35 Million |
| Hefei Fengle Seed Co Ltd (000713) | $541.01 Million | 5.38% | 1.28x | $460.52 Million |
| Luoniushan Co Ltd (000735) | $1.57 Billion | 5.18% | 0.35x | $939.65 Million |
| New Hope Liuhe Co Ltd (000876) | $4.62 Billion | 8.84% | 0.83x | $3.80 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $903.81 Million | 2.44% | 0.22x | $1.92 Billion |
| Dongrui Food Group Co Ltd (001201) | $326.81 Million | 2.47% | 0.90x | $262.05 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $555.07 Million | 18.79% | 0.29x | $164.61 Million |
| Boen Group Co. Ltd. Cl A (001366) | $521.42 Million | 14.80% | 0.42x | $88.79 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.14 Billion | 3.25% | 0.20x | $542.58 Million |