Yotrio Group Co Ltd (002489) - Net Assets
Based on the latest financial reports, Yotrio Group Co Ltd (002489) has net assets worth CN¥4.69 Billion CNY (≈ $686.81 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¥7.38 Billion ≈ $1.08 Billion USD) and total liabilities (CN¥2.69 Billion ≈ $393.46 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 asset resilience ratio of Yotrio Group Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.69 Billion |
| % of Total Assets | 63.58% |
| 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. Also explore 002489 total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 002489 market cap overview.
| 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 |
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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 |
|---|---|
|
Fnac Darty SA
PA:FNAC
|
$1.03 Billion |
|
alstria office REIT-AG
XETRA:AOX
|
$1.03 Billion |
|
Iovance Biotherapeutics Inc
NASDAQ:IOVA
|
$1.03 Billion |
|
Flowco Holdings Inc.
NYSE:FLOC
|
$1.03 Billion |
|
Canfor Corporation
TO:CFP
|
$1.03 Billion |
|
Time Technoplast Limited
NSE:TIMETECHNO
|
$1.03 Billion |
|
Cisen Pharmaceutical Co Ltd
SHG:603367
|
$1.03 Billion |
|
Guangzhou Newlife New Material Co. Ltd. A
SHE:301323
|
$1.03 Billion |
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: 1.75x
- 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 12.48x to 1.75x 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¥3.25 | x |
| 2007-12-31 | CN¥0.34 | CN¥3.25 | x |
| 2008-12-31 | CN¥0.40 | CN¥3.25 | x |
| 2009-12-31 | CN¥0.59 | CN¥3.25 | x |
| 2010-12-31 | CN¥1.77 | CN¥3.25 | x |
| 2011-12-31 | CN¥1.43 | CN¥3.25 | x |
| 2012-12-31 | CN¥1.40 | CN¥3.25 | x |
| 2013-12-31 | CN¥1.45 | CN¥3.25 | x |
| 2014-12-31 | CN¥1.53 | CN¥3.25 | x |
| 2015-12-31 | CN¥1.51 | CN¥3.25 | x |
| 2016-12-31 | CN¥1.61 | CN¥3.25 | x |
| 2017-12-31 | CN¥1.65 | CN¥3.25 | x |
| 2018-12-31 | CN¥1.53 | CN¥3.25 | x |
| 2019-12-31 | CN¥1.71 | CN¥3.25 | x |
| 2020-12-31 | CN¥1.75 | CN¥3.25 | x |
| 2021-12-31 | CN¥1.62 | CN¥3.25 | x |
| 2022-12-31 | CN¥1.63 | CN¥3.25 | x |
| 2023-12-31 | CN¥1.43 | CN¥3.25 | x |
| 2024-12-31 | CN¥1.86 | CN¥3.25 | 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: $21,905,636,868
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yotrio Group Co Ltd (002489) | CN¥4.69 Billion | 13.14% | 0.57x | $1.03 Billion |
| Midea Group Co Ltd (000333) | $107.50 Billion | 22.52% | 1.81x | $82.47 Billion |
| Changhong Meiling Co Ltd (000521) | $879.37 Million | 0.76% | 1.77x | $730.28 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $107.93 Billion | 21.37% | 1.96x | $32.83 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-842.15 Million | 0.00% | 0.00x | $3.25 Billion |
| Suncha Technology Co Ltd (001211) | $929.64 Million | 7.56% | 0.38x | $439.66 Million |
| Elec-Tech International Co Ltd (002005) | $114.44 Million | 40.36% | 2.94x | $741.10 Million |
| Zhejiang Supor Co Ltd (002032) | $905.66 Million | 11.04% | 0.85x | $5.52 Billion |
| Vatti Corp Ltd (002035) | $112.32 Million | 31.19% | 1.62x | $730.59 Million |
| CNlight Co Ltd (002076) | $388.80 Million | 2.76% | 0.26x | $355.44 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.15 Billion | 4.02% | 0.60x | $364.92 Million |
About Yotrio Group Co Ltd
Yotrio Group Co., Ltd. manufactures, and sells outdoor furniture products in China, Europe, North and South America, Australia, Asia, Africa, and internationally. The company's product portfolio includes aluminum and steel products, meshes, wickers, resin wood and wood products, slings, creatop table tops, and glass table tops. Yotrio Group Co., Ltd. was founded in 1992 and is based in Linhai, Ch… Read more