Sichuan Fulin Transportation Group Co Ltd (002357) - Net Assets
Based on the latest financial reports, Sichuan Fulin Transportation Group Co Ltd (002357) has net assets worth CN¥1.82 Billion CNY (≈ $266.22 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¥2.98 Billion ≈ $435.85 Million USD) and total liabilities (CN¥1.16 Billion ≈ $169.63 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. Check tangible net worth ratio of Sichuan Fulin Transportation Group Co Lt to evaluate the tangible quality of the company's equity base.
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. See how many days can Sichuan Fulin Transportation Group Co Lt fund operations to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see Sichuan Fulin Transportation Group Co Lt market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.68 Billion ≈ $245.27 Million |
+8.87% |
| 2023-12-31 | CN¥1.54 Billion ≈ $225.29 Million |
+10.95% |
| 2022-12-31 | CN¥1.39 Billion ≈ $203.04 Million |
+0.15% |
| 2021-12-31 | CN¥1.39 Billion ≈ $202.74 Million |
+4.07% |
| 2020-12-31 | CN¥1.33 Billion ≈ $194.82 Million |
+4.79% |
| 2019-12-31 | CN¥1.27 Billion ≈ $185.91 Million |
+4.61% |
| 2018-12-31 | CN¥1.21 Billion ≈ $177.72 Million |
+0.90% |
| 2017-12-31 | CN¥1.20 Billion ≈ $176.14 Million |
+5.54% |
| 2016-12-31 | CN¥1.14 Billion ≈ $166.89 Million |
+4.71% |
| 2015-12-31 | CN¥1.09 Billion ≈ $159.37 Million |
+37.84% |
| 2014-12-31 | CN¥790.15 Million ≈ $115.62 Million |
+14.34% |
| 2013-12-31 | CN¥691.02 Million ≈ $101.12 Million |
+4.22% |
| 2012-12-31 | CN¥663.05 Million ≈ $97.02 Million |
+10.12% |
| 2011-12-31 | CN¥602.10 Million ≈ $88.11 Million |
+17.72% |
| 2010-12-31 | CN¥511.49 Million ≈ $74.85 Million |
+188.22% |
| 2009-12-31 | CN¥177.46 Million ≈ $25.97 Million |
+30.02% |
| 2008-12-31 | CN¥136.49 Million ≈ $19.97 Million |
+8.06% |
| 2007-12-31 | CN¥126.31 Million ≈ $18.48 Million |
+41.39% |
| 2006-12-31 | CN¥89.33 Million ≈ $13.07 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 |
|---|---|
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
$463.42 Million |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
$463.52 Million |
|
ROPEOK Technology Group Co Ltd
SHG:688619
|
$463.74 Million |
|
Universal Cables Limited
NSE:UNIVCABLES
|
$463.77 Million |
|
Intrepid Potash Inc
NYSE:IPI
|
$463.31 Million |
|
Hwail Pharmaceutical Co.Ltd
KQ:061250
|
$463.30 Million |
|
Orange County Bancorp Inc
NASDAQ:OBT
|
$463.29 Million |
|
Banco de Valores SA
BA:VALO
|
$463.22 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: 1.98x
- 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 28.89x to 1.98x 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¥10.10 | x |
| 2007-12-31 | CN¥0.52 | CN¥10.10 | x |
| 2008-12-31 | CN¥0.56 | CN¥10.10 | x |
| 2009-12-31 | CN¥0.69 | CN¥10.10 | x |
| 2010-12-31 | CN¥1.78 | CN¥10.10 | x |
| 2011-12-31 | CN¥1.89 | CN¥10.10 | x |
| 2012-12-31 | CN¥2.02 | CN¥10.10 | x |
| 2013-12-31 | CN¥2.12 | CN¥10.10 | x |
| 2014-12-31 | CN¥2.43 | CN¥10.10 | x |
| 2015-12-31 | CN¥3.10 | CN¥10.10 | x |
| 2016-12-31 | CN¥3.25 | CN¥10.10 | x |
| 2017-12-31 | CN¥3.48 | CN¥10.10 | x |
| 2018-12-31 | CN¥3.52 | CN¥10.10 | x |
| 2019-12-31 | CN¥3.76 | CN¥10.10 | x |
| 2020-12-31 | CN¥3.98 | CN¥10.10 | x |
| 2021-12-31 | CN¥4.15 | CN¥10.10 | x |
| 2022-12-31 | CN¥4.17 | CN¥10.10 | x |
| 2023-12-31 | CN¥4.66 | CN¥10.10 | x |
| 2024-12-31 | CN¥5.09 | CN¥10.10 | 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: $1,197,203,885
- Average return on equity (ROE) among peers: 14.81%
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 | $463.32 Million |
| China High-Speed Railway Technology (000008) | $72.85 Million | 52.97% | 0.25x | $973.85 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $1.26 Billion | 5.29% | 0.92x | $442.13 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-925.76 Million | 0.00% | 0.00x | $796.00 Million |
| Vontron Technology Co Ltd (000920) | $981.31 Million | 8.97% | 1.05x | $1.04 Billion |
| China Railway Materials Co Ltd (000927) | $5.89 Billion | 17.94% | 3.13x | $2.16 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $125.09 Million | 26.56% | 0.74x | $535.87 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $987.25 Million | 6.50% | 1.04x | $585.27 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.60 Billion | 6.06% | 0.63x | $1.25 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $785.51 Million | 8.98% | 0.20x | $858.70 Million |
About 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