Yotrio Group Co Ltd (002489) - Net Assets

Latest as of March 2026: CN¥4.60 Billion CNY ≈ $673.78 Million USD

Based on the latest financial reports, Yotrio Group Co Ltd (002489) has net assets worth CN¥4.60 Billion CNY (≈ $673.78 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¥8.20 Billion ≈ $1.20 Billion USD) and total liabilities (CN¥3.60 Billion ≈ $526.11 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 002489 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.60 Billion
% of Total Assets	56.15%
Annual Growth Rate	15.18%
5-Year Change	6.76%
10-Year Change	22.29%
Growth Volatility	84.71

Yotrio Group Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Yotrio Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002489 market cap overview.

Annual Net Assets for Yotrio Group Co Ltd (2006–2024)

The table below shows the annual net assets of Yotrio Group Co Ltd from 2006 to 2024. Also explore Yotrio Group Co Ltd (002489) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	CN¥4.14 Billion ≈ $605.34 Million	+13.07%
2023-12-31	CN¥3.66 Billion ≈ $535.36 Million	+2.70%
2022-12-31	CN¥3.56 Billion ≈ $521.28 Million	-0.74%
2021-12-31	CN¥3.59 Billion ≈ $525.16 Million	-7.38%
2020-12-31	CN¥3.87 Billion ≈ $567.00 Million	+2.23%
2019-12-31	CN¥3.79 Billion ≈ $554.63 Million	+16.91%
2018-12-31	CN¥3.24 Billion ≈ $474.41 Million	-2.67%
2017-12-31	CN¥3.33 Billion ≈ $487.42 Million	-1.34%
2016-12-31	CN¥3.38 Billion ≈ $494.02 Million	-0.20%
2015-12-31	CN¥3.38 Billion ≈ $495.01 Million	+2.99%
2014-12-31	CN¥3.28 Billion ≈ $480.65 Million	+4.31%
2013-12-31	CN¥3.15 Billion ≈ $460.78 Million	+3.28%
2012-12-31	CN¥3.05 Billion ≈ $446.13 Million	-1.11%
2011-12-31	CN¥3.08 Billion ≈ $451.15 Million	+0.75%
2010-12-31	CN¥3.06 Billion ≈ $447.79 Million	+371.74%
2009-12-31	CN¥648.69 Million ≈ $94.92 Million	+47.98%
2008-12-31	CN¥438.37 Million ≈ $64.15 Million	-1.21%
2007-12-31	CN¥443.75 Million ≈ $64.94 Million	+36.57%
2006-12-31	CN¥324.93 Million ≈ $47.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Yotrio 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 1293.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.29 Billion	31.56%
Common Stock	CN¥2.17 Billion	53.03%
Other Comprehensive Income	CN¥417.00 Million	10.20%
Other Components	CN¥213.25 Million	5.21%
Total Equity	CN¥4.09 Billion	100.00%

Yotrio Group Co Ltd Competitors by Market Cap

The table below lists competitors of Yotrio Group Co Ltd ranked by their market capitalization.

Company	Market Cap
KCTech Co Ltd KO:281820	$965.30 Million
Zhejiang Xinhua Chemical Co Ltd SHG:603867	$965.58 Million
CHERVON HOLDINGS LTD F:AZ9	$965.89 Million
HMC Capital Ltd AU:HMC	$966.36 Million
Mcmillan Shakespeare Ltd AU:MMS	$964.84 Million
Shanghai Action Education Technology CO.LTD. SHG:605098	$964.82 Million
Storytel AB (publ) ST:STORY-B	$964.17 Million
Isracard Ltd TA:ISCD	$964.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Yotrio Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,629,561,000 to 4,090,004,000, a change of 460,443,000 (12.7%).
Net income of 462,044,341 contributed positively to equity growth.
Dividend payments of 43,481,000 reduced retained earnings.
Other comprehensive income increased equity by 457,632,064.
Other factors decreased equity by 415,752,405.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥462.04 Million	+11.3%
Dividends Paid	CN¥43.48 Million	-1.06%
Other Comprehensive Income	CN¥457.63 Million	+11.19%
Other Changes	CN¥-415.75 Million	-10.17%
Total Change	CN¥-	12.69%

Book Value vs Market Value Analysis

This analysis compares Yotrio 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: 1.64x
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 11.68x to 1.64x 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¥0.26	CN¥3.04	x
2007-12-31	CN¥0.34	CN¥3.04	x
2008-12-31	CN¥0.40	CN¥3.04	x
2009-12-31	CN¥0.59	CN¥3.04	x
2010-12-31	CN¥1.77	CN¥3.04	x
2011-12-31	CN¥1.43	CN¥3.04	x
2012-12-31	CN¥1.40	CN¥3.04	x
2013-12-31	CN¥1.45	CN¥3.04	x
2014-12-31	CN¥1.53	CN¥3.04	x
2015-12-31	CN¥1.51	CN¥3.04	x
2016-12-31	CN¥1.61	CN¥3.04	x
2017-12-31	CN¥1.65	CN¥3.04	x
2018-12-31	CN¥1.53	CN¥3.04	x
2019-12-31	CN¥1.71	CN¥3.04	x
2020-12-31	CN¥1.75	CN¥3.04	x
2021-12-31	CN¥1.62	CN¥3.04	x
2022-12-31	CN¥1.63	CN¥3.04	x
2023-12-31	CN¥1.43	CN¥3.04	x
2024-12-31	CN¥1.86	CN¥3.04	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yotrio 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): 11.30%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.14%
• Asset Turnover: 0.71x
• Equity Multiplier: 1.95x
Recent ROE (11.30%) is above the historical average (11.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	13.14%	2.95%	0.89x	4.99x	CN¥8.93 Million
2007	28.97%	6.54%	1.04x	4.26x	CN¥70.91 Million
2008	33.83%	7.40%	1.16x	3.93x	CN¥104.44 Million
2009	27.45%	10.36%	1.07x	2.48x	CN¥113.22 Million
2010	8.16%	10.38%	0.58x	1.36x	CN¥-56.25 Million
2011	8.63%	9.29%	0.73x	1.28x	CN¥-42.15 Million
2012	6.28%	6.93%	0.64x	1.41x	CN¥-113.54 Million
2013	8.32%	8.66%	0.62x	1.56x	CN¥-53.02 Million
2014	9.83%	9.78%	0.59x	1.72x	CN¥-5.69 Million
2015	15.90%	14.61%	0.61x	1.79x	CN¥191.95 Million
2016	1.87%	1.61%	0.58x	2.00x	CN¥-265.26 Million
2017	2.43%	1.72%	0.54x	2.62x	CN¥-243.87 Million
2018	-3.27%	-2.46%	0.65x	2.06x	CN¥-436.89 Million
2019	13.46%	10.67%	0.68x	1.84x	CN¥128.40 Million
2020	13.92%	10.70%	0.68x	1.92x	CN¥149.45 Million
2021	3.56%	1.54%	0.86x	2.69x	CN¥-225.98 Million
2022	6.12%	2.63%	0.98x	2.36x	CN¥-137.25 Million
2023	1.40%	1.05%	0.69x	1.93x	CN¥-312.09 Million
2024	11.30%	8.14%	0.71x	1.95x	CN¥53.04 Million

Industry Comparison

This section compares Yotrio Group Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

Industry: Furnishings, Fixtures & Appliances
Average net assets among peers: $14,444,078,794
Average return on equity (ROE) among peers: 17.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Yotrio Group Co Ltd (002489)	CN¥4.60 Billion	13.14%	0.78x	$964.88 Million
Midea Group Co Ltd (000333)	$5.86 Billion	10.95%	2.31x	$86.47 Billion
Changhong Meiling Co Ltd (000521)	$5.14 Billion	0.75%	2.03x	$566.42 Million
Gree Electric Appliances Inc of Zhuhai (000651)	$116.88 Billion	18.97%	1.39x	$31.13 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921)	$910.95 Million	64.25%	7.80x	$3.76 Billion
Suncha Technology Co Ltd (001211)	$387.30 Million	18.55%	0.96x	$344.32 Million
Elec-Tech International Co Ltd (002005)	$4.28 Billion	-2.67%	1.55x	$620.57 Million
Zhejiang Supor Co Ltd (002032)	$6.46 Billion	34.74%	1.05x	$4.69 Billion
Vatti Corp Ltd (002035)	$3.34 Billion	6.21%	0.96x	$561.89 Million
CNlight Co Ltd (002076)	$365.21 Million	13.83%	0.22x	$347.32 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084)	$826.19 Million	4.98%	1.04x	$510.51 Million

About Yotrio Group Co Ltd

SHE:002489 China Furnishings, Fixtures & Appliances

Market Cap

$964.88 Million

CN¥6.59 Billion CNY

Market Cap Rank

#9090 Global

#2236 in China

Share Price

CN¥3.04

Change (1 day)

+0.00%

52-Week Range

CN¥2.56 - CN¥4.20

All Time High

CN¥12.01