Sichuan Fulin Transportation Group Co Ltd
Sichuan Fulin Transportation Group Co., Ltd. engages in the road passenger transport business in China. The company provides passenger, charter, car rental, repair and maintenance, and ticket inquiry, as well as customized services. It also offers city taxi, passenger station, scheduled passenger transport, and group tour and tourist vehicle; vehicle inspection, insurance agent, and customized pa… Read more
Sichuan Fulin Transportation Group Co Ltd (002357) - Net Assets
Latest net assets as of September 2025: CN¥1.82 Billion CNY
Based on the latest financial reports, Sichuan Fulin Transportation Group Co Ltd (002357) has net assets worth CN¥1.82 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¥2.98 Billion) and total liabilities (CN¥1.16 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¥1.82 Billion |
| % of Total Assets | 61.08% |
| Annual Growth Rate | 17.69% |
| 5-Year Change | 25.9% |
| 10-Year Change | 53.9% |
| Growth Volatility | 42.0 |
Sichuan Fulin Transportation Group Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Sichuan Fulin Transportation Group 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 Sichuan Fulin Transportation Group Co Ltd (2006–2024)
The table below shows the annual net assets of Sichuan Fulin Transportation Group Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.68 Billion | +8.87% |
| 2023-12-31 | CN¥1.54 Billion | +10.95% |
| 2022-12-31 | CN¥1.39 Billion | +0.15% |
| 2021-12-31 | CN¥1.39 Billion | +4.07% |
| 2020-12-31 | CN¥1.33 Billion | +4.79% |
| 2019-12-31 | CN¥1.27 Billion | +4.61% |
| 2018-12-31 | CN¥1.21 Billion | +0.90% |
| 2017-12-31 | CN¥1.20 Billion | +5.54% |
| 2016-12-31 | CN¥1.14 Billion | +4.71% |
| 2015-12-31 | CN¥1.09 Billion | +37.84% |
| 2014-12-31 | CN¥790.15 Million | +14.34% |
| 2013-12-31 | CN¥691.02 Million | +4.22% |
| 2012-12-31 | CN¥663.05 Million | +10.12% |
| 2011-12-31 | CN¥602.10 Million | +17.72% |
| 2010-12-31 | CN¥511.49 Million | +188.22% |
| 2009-12-31 | CN¥177.46 Million | +30.02% |
| 2008-12-31 | CN¥136.49 Million | +8.06% |
| 2007-12-31 | CN¥126.31 Million | +41.39% |
| 2006-12-31 | CN¥89.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Fulin Transportation Group 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 9139.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥867.66 Million | 54.37% |
| Common Stock | CN¥313.49 Million | 19.65% |
| Other Comprehensive Income | CN¥241.91 Million | 15.16% |
| Other Components | CN¥172.70 Million | 10.82% |
| Total Equity | CN¥1.60 Billion | 100.00% |
Sichuan Fulin Transportation Group Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Fulin Transportation Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Long Yuan Construction Group Co Ltd
SHG:600491
|
$441.63 Million |
|
Gloria Material Technology
TWO:5009
|
$441.84 Million |
|
Intrepid Potash Inc
NYSE:IPI
|
$441.92 Million |
|
Sinon Corp
TW:1712
|
$442.00 Million |
|
GDH Supertime Group Co. Ltd. A
SHE:001338
|
$441.60 Million |
|
WideOpenWest Inc
NYSE:WOW
|
$441.57 Million |
|
TSF INVESTMENTS LTD
NSE:TSFINV
|
$441.38 Million |
|
Shandong Shengli Co Ltd
SHE:000407
|
$441.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Fulin Transportation Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,460,468,643 to 1,595,753,342, a change of 135,284,699 (9.3%).
- Net income of 122,231,273 contributed positively to equity growth.
- Dividend payments of 38,755,695 reduced retained earnings.
- Other comprehensive income increased equity by 202,642,213.
- Other factors decreased equity by 150,833,092.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥122.23 Million | +7.66% |
| Dividends Paid | CN¥38.76 Million | -2.43% |
| Other Comprehensive Income | CN¥202.64 Million | +12.7% |
| Other Changes | CN¥-150.83 Million | -9.45% |
| Total Change | CN¥- | 9.26% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Fulin Transportation Group 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: 2.91x
- 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 42.39x to 2.91x 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¥0.35 | CN¥14.82 | x |
| 2007-12-31 | CN¥0.52 | CN¥14.82 | x |
| 2008-12-31 | CN¥0.56 | CN¥14.82 | x |
| 2009-12-31 | CN¥0.69 | CN¥14.82 | x |
| 2010-12-31 | CN¥1.78 | CN¥14.82 | x |
| 2011-12-31 | CN¥1.89 | CN¥14.82 | x |
| 2012-12-31 | CN¥2.02 | CN¥14.82 | x |
| 2013-12-31 | CN¥2.12 | CN¥14.82 | x |
| 2014-12-31 | CN¥2.43 | CN¥14.82 | x |
| 2015-12-31 | CN¥3.10 | CN¥14.82 | x |
| 2016-12-31 | CN¥3.25 | CN¥14.82 | x |
| 2017-12-31 | CN¥3.48 | CN¥14.82 | x |
| 2018-12-31 | CN¥3.52 | CN¥14.82 | x |
| 2019-12-31 | CN¥3.76 | CN¥14.82 | x |
| 2020-12-31 | CN¥3.98 | CN¥14.82 | x |
| 2021-12-31 | CN¥4.15 | CN¥14.82 | x |
| 2022-12-31 | CN¥4.17 | CN¥14.82 | x |
| 2023-12-31 | CN¥4.66 | CN¥14.82 | x |
| 2024-12-31 | CN¥5.09 | CN¥14.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Fulin Transportation Group 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): 7.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.28%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.81x
- Recent ROE (7.66%) is below the historical average (12.40%), 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 | 14.15% | 9.42% | 0.29x | 5.16x | CN¥3.46 Million |
| 2007 | 30.32% | 27.39% | 0.43x | 2.58x | CN¥24.40 Million |
| 2008 | 22.18% | 21.01% | 0.43x | 2.43x | CN¥15.86 Million |
| 2009 | 23.54% | 22.19% | 0.49x | 2.18x | CN¥23.18 Million |
| 2010 | 9.66% | 26.50% | 0.24x | 1.51x | CN¥-1.71 Million |
| 2011 | 15.01% | 38.42% | 0.27x | 1.45x | CN¥29.60 Million |
| 2012 | 13.17% | 25.63% | 0.32x | 1.62x | CN¥20.11 Million |
| 2013 | 10.30% | 18.35% | 0.34x | 1.64x | CN¥2.01 Million |
| 2014 | 15.46% | 30.09% | 0.32x | 1.60x | CN¥41.61 Million |
| 2015 | 18.50% | 13.91% | 0.45x | 2.94x | CN¥82.55 Million |
| 2016 | 9.31% | 7.97% | 0.41x | 2.86x | CN¥-6.99 Million |
| 2017 | 9.47% | 9.60% | 0.40x | 2.49x | CN¥-5.76 Million |
| 2018 | 3.41% | 3.92% | 0.37x | 2.37x | CN¥-72.76 Million |
| 2019 | 7.10% | 9.46% | 0.34x | 2.19x | CN¥-34.17 Million |
| 2020 | 6.23% | 12.34% | 0.24x | 2.07x | CN¥-47.06 Million |
| 2021 | 5.31% | 9.93% | 0.27x | 2.00x | CN¥-61.03 Million |
| 2022 | 4.52% | 8.10% | 0.27x | 2.08x | CN¥-71.69 Million |
| 2023 | 10.30% | 17.40% | 0.30x | 1.95x | CN¥4.43 Million |
| 2024 | 7.66% | 14.28% | 0.30x | 1.81x | CN¥-37.34 Million |
Industry Comparison
This section compares Sichuan Fulin Transportation Group Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,820,778,884
- Average return on equity (ROE) among peers: 7.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Fulin Transportation Group Co Ltd (002357) | CN¥1.82 Billion | 14.15% | 0.64x | $441.62 Million |
| China High-Speed Railway Technology (000008) | $540.83 Million | 7.24% | 0.13x | $619.07 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $545.89 Million | 18.19% | 3.34x | $269.49 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-280.00 Million | 0.00% | 0.00x | $573.05 Million |
| Vontron Technology Co Ltd (000920) | $120.66 Million | 30.91% | 1.29x | $402.70 Million |
| China Railway Materials Co Ltd (000927) | $3.21 Billion | -14.95% | 1.55x | $782.90 Million |
| China Railway Special Cargo Logistics Co. Ltd. (001213) | $17.98 Billion | 2.17% | 0.09x | $419.62 Million |
| Changzhou Evergreen Technology Co. Ltd. A (001324) | $1.09 Billion | 6.59% | 0.24x | $169.48 Million |
| HeNan Splendor Science & Technology Co Ltd (002296) | $723.83 Million | 13.20% | 0.36x | $539.03 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $387.27 Million |