Sichuan Fulin Transportation Group Co Ltd (002357) - Net Assets

Latest as of March 2026: CN¥1.87 Billion CNY ≈ $273.52 Million USD

Based on the latest financial reports, Sichuan Fulin Transportation Group Co Ltd (002357) has net assets worth CN¥1.87 Billion CNY (≈ $273.52 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.02 Billion ≈ $442.44 Million USD) and total liabilities (CN¥1.15 Billion ≈ $168.92 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 how strategically is Sichuan Fulin Transportation Group Co Lt's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.87 Billion
% of Total Assets	61.82%
Annual Growth Rate	17.13%
5-Year Change	30.12%
10-Year Change	58.08%
Growth Volatility	41.01

Sichuan Fulin Transportation Group Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Sichuan Fulin Transportation Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Sichuan Fulin Transportation Group Co Lt stock valuation.

Annual Net Assets for Sichuan Fulin Transportation Group Co Ltd (2006–2025)

The table below shows the annual net assets of Sichuan Fulin Transportation Group Co Ltd from 2006 to 2025. Also explore how fast is Sichuan Fulin Transportation Group Co Lt growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥1.80 Billion ≈ $263.81 Million	+7.56%
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 10463.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥991.98 Million	58.23%
Other Components	CN¥711.59 Million	41.77%
Total Equity	CN¥1.70 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
Mstc Limited NSE:MSTCLTD	$544.56 Million
Ethan Allen Interiors Inc NYSE:ETD	$544.81 Million
Zaptec AS OL:ZAP	$544.85 Million
Shanghai Material Trading Co Ltd A SHG:600822	$544.91 Million
Pangaea Logistic NASDAQ:PANL	$544.48 Million
Foseco India Limited NSE:FOSECOIND	$544.30 Million
Marine Electricals (India) Limited NSE:MARINE	$544.05 Million
SAPPI LTD ADR/1 RC 1 F:SPIA	$543.97 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 2024 to 2025, total equity changed from 1,595,753,342 to 1,703,570,677, a change of 107,817,335 (6.8%).
Net income of 171,345,358 contributed positively to equity growth.
Dividend payments of 50,796,793 reduced retained earnings.
Other comprehensive income decreased equity by 241,907,608.
Other factors increased equity by 229,176,378.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥171.35 Million	+10.06%
Dividends Paid	CN¥50.80 Million	-2.98%
Other Comprehensive Income	CN¥-241.91 Million	-14.2%
Other Changes	CN¥229.18 Million	+13.45%
Total Change	CN¥-	6.76%

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: 2.18x
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 33.95x to 2.18x 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¥11.87	x
2007-12-31	CN¥0.52	CN¥11.87	x
2008-12-31	CN¥0.56	CN¥11.87	x
2009-12-31	CN¥0.69	CN¥11.87	x
2010-12-31	CN¥1.78	CN¥11.87	x
2011-12-31	CN¥1.89	CN¥11.87	x
2012-12-31	CN¥2.02	CN¥11.87	x
2013-12-31	CN¥2.11	CN¥11.87	x
2014-12-31	CN¥2.43	CN¥11.87	x
2015-12-31	CN¥3.10	CN¥11.87	x
2016-12-31	CN¥3.25	CN¥11.87	x
2017-12-31	CN¥3.48	CN¥11.87	x
2018-12-31	CN¥3.52	CN¥11.87	x
2019-12-31	CN¥3.76	CN¥11.87	x
2020-12-31	CN¥3.98	CN¥11.87	x
2021-12-31	CN¥4.15	CN¥11.87	x
2022-12-31	CN¥4.17	CN¥11.87	x
2023-12-31	CN¥4.66	CN¥11.87	x
2024-12-31	CN¥5.09	CN¥11.87	x
2025-12-31	CN¥5.43	CN¥11.87	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): 10.06%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.99%
• Asset Turnover: 0.28x
• Equity Multiplier: 1.74x
Recent ROE (10.06%) is below the historical average (12.69%), 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	23.54%	16.52%	0.89x	1.60x	CN¥103.09 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
2025	10.06%	20.99%	0.28x	1.74x	CN¥988.29K

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: $2,629,305,328
Average return on equity (ROE) among peers: 0.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sichuan Fulin Transportation Group Co Ltd (002357)	CN¥1.87 Billion	14.15%	0.62x	$544.52 Million
China High-Speed Railway Technology (000008)	$5.34 Billion	-26.13%	1.32x	$953.98 Million
Nanjing Zhongbei Group Co Ltd (000421)	$3.42 Billion	4.34%	2.19x	$474.07 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$-511.19 Million	0.00%	0.00x	$783.20 Million
Vontron Technology Co Ltd (000920)	$566.70 Million	10.07%	0.21x	$910.14 Million
China Railway Materials Co Ltd (000927)	$8.76 Billion	11.16%	2.39x	$2.20 Billion
HeNan Splendor Science & Technology Co Ltd (002296)	$1.50 Billion	4.69%	0.21x	$529.60 Million
Tianjin Keyvia Electric Co Ltd (300407)	$1.81 Billion	5.18%	0.77x	$535.85 Million
Chengdu Yunda Technology Co Ltd (300440)	$358.78 Million	24.48%	0.44x	$1.14 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$2.42 Billion	-27.00%	1.18x	$877.70 Million

About Sichuan Fulin Transportation Group Co Ltd

SHE:002357 China Railroads

Market Cap

$544.52 Million

CN¥3.72 Billion CNY

Market Cap Rank

#11896 Global

#3427 in China

Share Price

CN¥11.87

Change (1 day)

-0.34%

52-Week Range

CN¥8.15 - CN¥16.17

All Time High

CN¥16.40