Brother Enterprises Holding Co Ltd (002562) - Net Assets
Based on the latest financial reports, Brother Enterprises Holding Co Ltd (002562) has net assets worth CN¥3.68 Billion CNY (≈ $538.47 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¥6.42 Billion ≈ $940.14 Million USD) and total liabilities (CN¥2.74 Billion ≈ $401.67 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 002562 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.68 Billion |
| % of Total Assets | 57.28% |
| Annual Growth Rate | 19.05% |
| 5-Year Change | 2.41% |
| 10-Year Change | 81.8% |
| Growth Volatility | 52.98 |
Brother Enterprises Holding Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Brother Enterprises Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002562 asset base for the complete picture of this company's asset base.
Annual Net Assets for Brother Enterprises Holding Co Ltd (2008–2024)
The table below shows the annual net assets of Brother Enterprises Holding Co Ltd from 2008 to 2024. For live valuation and market cap data, see 002562 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.10 Billion ≈ $453.58 Million |
+1.49% |
| 2023-12-31 | CN¥3.05 Billion ≈ $446.91 Million |
-9.46% |
| 2022-12-31 | CN¥3.37 Billion ≈ $493.60 Million |
+12.61% |
| 2021-12-31 | CN¥3.00 Billion ≈ $438.31 Million |
-1.04% |
| 2020-12-31 | CN¥3.03 Billion ≈ $442.90 Million |
+30.64% |
| 2019-12-31 | CN¥2.32 Billion ≈ $339.03 Million |
+2.57% |
| 2018-12-31 | CN¥2.26 Billion ≈ $330.54 Million |
-1.17% |
| 2017-12-31 | CN¥2.29 Billion ≈ $334.44 Million |
+29.55% |
| 2016-12-31 | CN¥1.76 Billion ≈ $258.15 Million |
+3.47% |
| 2015-12-31 | CN¥1.71 Billion ≈ $249.50 Million |
+103.32% |
| 2014-12-31 | CN¥838.59 Million ≈ $122.71 Million |
+4.83% |
| 2013-12-31 | CN¥799.95 Million ≈ $117.06 Million |
+1.09% |
| 2012-12-31 | CN¥791.30 Million ≈ $115.79 Million |
-7.96% |
| 2011-12-31 | CN¥859.77 Million ≈ $125.81 Million |
+205.12% |
| 2010-12-31 | CN¥281.78 Million ≈ $41.23 Million |
+21.90% |
| 2009-12-31 | CN¥231.15 Million ≈ $33.82 Million |
+21.44% |
| 2008-12-31 | CN¥190.34 Million ≈ $27.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Brother Enterprises Holding 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 1264.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥637.02 Million | 20.55% |
| Common Stock | CN¥1.06 Billion | 34.32% |
| Other Components | CN¥1.40 Billion | 45.13% |
| Total Equity | CN¥3.10 Billion | 100.00% |
Brother Enterprises Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Brother Enterprises Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Resolute Holdings Management, Inc.
NYSE:RHLD
|
$981.77 Million |
|
Firefly Metals Ltd
AU:FFM
|
$981.86 Million |
|
Priortech
TA:PRTC
|
$981.89 Million |
|
Asiana Airline
KO:020560
|
$982.37 Million |
|
ASBISc Enterprises PLC
WAR:ASB
|
$981.38 Million |
|
Alphamin Resources Corp
F:21L
|
$980.92 Million |
|
Ningbo Peace Bird Fashion
SHG:603877
|
$980.92 Million |
|
China Reinsurance (Group) Corporation
F:C53
|
$980.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brother Enterprises Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,054,070,493 to 3,099,701,230, a change of 45,630,737 (1.5%).
- Net income of 40,813,674 contributed positively to equity growth.
- Dividend payments of 54,875,755 reduced retained earnings.
- Other factors increased equity by 59,692,818.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.81 Million | +1.32% |
| Dividends Paid | CN¥54.88 Million | -1.77% |
| Other Changes | CN¥59.69 Million | +1.93% |
| Total Change | CN¥- | 1.49% |
Book Value vs Market Value Analysis
This analysis compares Brother Enterprises Holding 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: 1.93x
- 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 17.52x to 1.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.34 | CN¥5.87 | x |
| 2009-12-31 | CN¥0.41 | CN¥5.87 | x |
| 2010-12-31 | CN¥0.51 | CN¥5.87 | x |
| 2011-12-31 | CN¥1.38 | CN¥5.87 | x |
| 2012-12-31 | CN¥1.14 | CN¥5.87 | x |
| 2013-12-31 | CN¥1.20 | CN¥5.87 | x |
| 2014-12-31 | CN¥1.22 | CN¥5.87 | x |
| 2015-12-31 | CN¥2.41 | CN¥5.87 | x |
| 2016-12-31 | CN¥2.04 | CN¥5.87 | x |
| 2017-12-31 | CN¥2.67 | CN¥5.87 | x |
| 2018-12-31 | CN¥3.11 | CN¥5.87 | x |
| 2019-12-31 | CN¥2.64 | CN¥5.87 | x |
| 2020-12-31 | CN¥3.24 | CN¥5.87 | x |
| 2021-12-31 | CN¥3.17 | CN¥5.87 | x |
| 2022-12-31 | CN¥2.98 | CN¥5.87 | x |
| 2023-12-31 | CN¥2.96 | CN¥5.87 | x |
| 2024-12-31 | CN¥3.04 | CN¥5.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brother Enterprises Holding 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): 1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.19%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.89x
- Recent ROE (1.32%) is below the historical average (6.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 21.92% | 6.24% | 1.14x | 3.08x | CN¥20.24 Million |
| 2009 | 19.59% | 7.80% | 0.99x | 2.53x | CN¥20.25 Million |
| 2010 | 19.28% | 8.45% | 1.00x | 2.27x | CN¥24.30 Million |
| 2011 | 6.12% | 8.23% | 0.60x | 1.23x | CN¥-32.35 Million |
| 2012 | -7.40% | -7.32% | 0.38x | 2.64x | CN¥-133.41 Million |
| 2013 | 2.35% | 2.35% | 0.69x | 1.45x | CN¥-60.08 Million |
| 2014 | 4.85% | 5.00% | 0.66x | 1.48x | CN¥-42.48 Million |
| 2015 | 4.92% | 9.08% | 0.44x | 1.23x | CN¥-84.91 Million |
| 2016 | 9.50% | 15.77% | 0.45x | 1.35x | CN¥-8.75 Million |
| 2017 | 17.63% | 25.76% | 0.45x | 1.52x | CN¥174.49 Million |
| 2018 | 0.97% | 1.54% | 0.40x | 1.59x | CN¥-204.07 Million |
| 2019 | 1.89% | 3.48% | 0.29x | 1.86x | CN¥-187.86 Million |
| 2020 | 0.93% | 1.46% | 0.36x | 1.77x | CN¥-274.64 Million |
| 2021 | 0.95% | 1.04% | 0.49x | 1.87x | CN¥-271.20 Million |
| 2022 | 9.06% | 8.96% | 0.60x | 1.69x | CN¥-31.76 Million |
| 2023 | -5.75% | -6.22% | 0.48x | 1.93x | CN¥-480.88 Million |
| 2024 | 1.32% | 1.19% | 0.59x | 1.89x | CN¥-269.16 Million |
Industry Comparison
This section compares Brother Enterprises Holding Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,954,308,398
- Average return on equity (ROE) among peers: 6.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brother Enterprises Holding Co Ltd (002562) | CN¥3.68 Billion | 21.92% | 0.75x | $981.64 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $577.65 Million | 10.01% | 0.83x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $319.75 Million | 4.75% | 1.24x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $858.23 Million | -17.85% | 1.07x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $10.49 Billion | 18.58% | 1.65x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.20 Billion | 12.83% | 0.26x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.47 Billion | 1.25% | 0.42x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.94 Billion | 12.08% | 1.20x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $18.46 Billion | 4.04% | 1.23x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $457.55 Million | 6.71% | 0.32x | $605.40 Million |
About Brother Enterprises Holding Co Ltd
Brother Enterprises Holding Co.,Ltd. engages in the research, development, production, and sale of fine chemicals in China and internationally. The company offers vitamin supplements, such as vitamin K3, vitamin B1, nicotinamide, niacin, vitamin B5, and aminopropionic acid; chrome tanning agents, retanning agents, fatliquoring agents, and auxiliaries; and contrast agent APIs and intermediates, to… Read more