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

Latest as of September 2025: CN¥1.82 Billion CNY ≈ $266.22 Million USD

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. Read Sichuan Fulin Transportation Group Co Lt (002357) financial obligations for a breakdown of total debt and financial obligations.

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. Also explore 002357 total assets for the complete picture of this company's asset base.

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
Nanjing CEC Environmental Protect SHE:300172	$537.70 Million
Hunan Chen Dian International Development Co Ltd SHG:600969	$537.71 Million
Neosem Inc KQ:253590	$537.71 Million
IS Dongseo KO:010780	$537.84 Million
Tianjin Saixiang Technology Co Ltd SHE:002337	$537.47 Million
Probe Gold Inc. TO:PRB	$537.15 Million
San Shing Fastech Corp TW:5007	$537.09 Million
Rainbow Tours SA WAR:RBW	$537.06 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: 2.30x
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 33.52x to 2.30x 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¥11.72	x
2007-12-31	CN¥0.52	CN¥11.72	x
2008-12-31	CN¥0.56	CN¥11.72	x
2009-12-31	CN¥0.69	CN¥11.72	x
2010-12-31	CN¥1.78	CN¥11.72	x
2011-12-31	CN¥1.89	CN¥11.72	x
2012-12-31	CN¥2.02	CN¥11.72	x
2013-12-31	CN¥2.12	CN¥11.72	x
2014-12-31	CN¥2.43	CN¥11.72	x
2015-12-31	CN¥3.10	CN¥11.72	x
2016-12-31	CN¥3.25	CN¥11.72	x
2017-12-31	CN¥3.48	CN¥11.72	x
2018-12-31	CN¥3.52	CN¥11.72	x
2019-12-31	CN¥3.76	CN¥11.72	x
2020-12-31	CN¥3.98	CN¥11.72	x
2021-12-31	CN¥4.15	CN¥11.72	x
2022-12-31	CN¥4.17	CN¥11.72	x
2023-12-31	CN¥4.66	CN¥11.72	x
2024-12-31	CN¥5.09	CN¥11.72	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: $1,248,318,468
Average return on equity (ROE) among peers: -196.62%

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	$537.64 Million
China High-Speed Railway Technology (000008)	$7.40 Billion	4.39%	0.41x	$1.07 Billion
Nanjing Zhongbei Group Co Ltd (000421)	$435.66 Million	6.49%	0.96x	$532.07 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$-447.50 Million	0.00%	0.00x	$1.00 Billion
Vontron Technology Co Ltd (000920)	$1.40 Billion	8.69%	0.76x	$796.72 Million
China Railway Materials Co Ltd (000927)	$88.31 Million	-1857.66%	54.49x	$2.49 Billion
HeNan Splendor Science & Technology Co Ltd (002296)	$125.09 Million	26.56%	0.74x	$644.19 Million
Tianjin Keyvia Electric Co Ltd (300407)	$324.31 Million	20.96%	1.15x	$617.25 Million
Chengdu Yunda Technology Co Ltd (300440)	$1.60 Billion	6.06%	0.63x	$1.18 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$309.22 Million	14.90%	0.59x	$1.17 Billion

About Sichuan Fulin Transportation Group Co Ltd

SHE:002357 China Railroads

Market Cap

$537.64 Million

CN¥3.67 Billion CNY

Market Cap Rank

#12157 Global

#3749 in China

Share Price

CN¥11.72

Change (1 day)

+3.81%

52-Week Range

CN¥7.79 - CN¥16.17

All Time High

CN¥16.40