Suofeiya Home Collection Co Ltd (002572) - Net Assets
Based on the latest financial reports, Suofeiya Home Collection Co Ltd (002572) has net assets worth CN¥7.55 Billion CNY (≈ $1.10 Billion 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¥13.74 Billion ≈ $2.01 Billion USD) and total liabilities (CN¥6.20 Billion ≈ $906.99 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 Suofeiya Home Collection Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.55 Billion |
| % of Total Assets | 54.9% |
| Annual Growth Rate | 38.46% |
| 5-Year Change | 17.27% |
| 10-Year Change | 220.5% |
| Growth Volatility | 153.16 |
Suofeiya Home Collection Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Suofeiya Home Collection Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002572 total assets for the complete picture of this company's asset base.
Annual Net Assets for Suofeiya Home Collection Co Ltd (2008–2024)
The table below shows the annual net assets of Suofeiya Home Collection Co Ltd from 2008 to 2024. For live valuation and market cap data, see Suofeiya Home Collection Co Ltd (002572) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.77 Billion ≈ $1.14 Billion |
+6.70% |
| 2023-12-31 | CN¥7.28 Billion ≈ $1.07 Billion |
+20.43% |
| 2022-12-31 | CN¥6.04 Billion ≈ $884.38 Million |
+1.81% |
| 2021-12-31 | CN¥5.94 Billion ≈ $868.65 Million |
-10.36% |
| 2020-12-31 | CN¥6.62 Billion ≈ $969.05 Million |
+12.07% |
| 2019-12-31 | CN¥5.91 Billion ≈ $864.71 Million |
+10.28% |
| 2018-12-31 | CN¥5.36 Billion ≈ $784.10 Million |
+9.03% |
| 2017-12-31 | CN¥4.91 Billion ≈ $719.19 Million |
+23.12% |
| 2016-12-31 | CN¥3.99 Billion ≈ $584.14 Million |
+64.75% |
| 2015-12-31 | CN¥2.42 Billion ≈ $354.56 Million |
+16.42% |
| 2014-12-31 | CN¥2.08 Billion ≈ $304.56 Million |
+16.13% |
| 2013-12-31 | CN¥1.79 Billion ≈ $262.25 Million |
+18.06% |
| 2012-12-31 | CN¥1.52 Billion ≈ $222.14 Million |
+10.01% |
| 2011-12-31 | CN¥1.38 Billion ≈ $201.92 Million |
+638.44% |
| 2010-12-31 | CN¥186.87 Million ≈ $27.34 Million |
+63.28% |
| 2009-12-31 | CN¥114.45 Million ≈ $16.75 Million |
+168.97% |
| 2008-12-31 | CN¥42.55 Million ≈ $6.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suofeiya Home Collection 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 15188.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.48 Billion | 60.09% |
| Common Stock | CN¥963.05 Million | 12.92% |
| Other Comprehensive Income | CN¥769.04 Million | 10.32% |
| Other Components | CN¥1.24 Billion | 16.67% |
| Total Equity | CN¥7.45 Billion | 100.00% |
Suofeiya Home Collection Co Ltd Competitors by Market Cap
The table below lists competitors of Suofeiya Home Collection Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lufax Holding Ltd
NYSE:LU
|
$1.69 Billion |
|
Fibra Terrafina
MX:TERRA13
|
$1.69 Billion |
|
BIEM.L .FDLKK Garment Co Ltd
SHE:002832
|
$1.69 Billion |
|
Hankuk Carbon
KO:017960
|
$1.69 Billion |
|
BHI Co. Ltd
KQ:083650
|
$1.69 Billion |
|
Shenzhen Clou Electronics Co Ltd
SHE:002121
|
$1.69 Billion |
|
Cyrela Brazil Realty S.A. Empreendimentos e Participações
SA:CYRE3
|
$1.69 Billion |
|
Stolt-Nielsen Limited
OL:SNI
|
$1.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suofeiya Home Collection Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,015,405,934 to 7,453,414,473, a change of 438,008,539 (6.2%).
- Net income of 1,370,944,159 contributed positively to equity growth.
- Dividend payments of 987,381,006 reduced retained earnings.
- Share repurchases of 99,999,853 reduced equity.
- Other comprehensive income increased equity by 32,242,517.
- Other factors increased equity by 122,202,722.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.37 Billion | +18.39% |
| Dividends Paid | CN¥987.38 Million | -13.25% |
| Share Repurchases | CN¥100.00 Million | -1.34% |
| Other Comprehensive Income | CN¥32.24 Million | +0.43% |
| Other Changes | CN¥122.20 Million | +1.64% |
| Total Change | CN¥- | 6.24% |
Book Value vs Market Value Analysis
This analysis compares Suofeiya Home Collection 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: 1.54x
- 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 45.07x to 1.54x 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¥0.27 | CN¥11.99 | x |
| 2009-12-31 | CN¥0.23 | CN¥11.99 | x |
| 2010-12-31 | CN¥0.29 | CN¥11.99 | x |
| 2011-12-31 | CN¥1.67 | CN¥11.99 | x |
| 2012-12-31 | CN¥1.71 | CN¥11.99 | x |
| 2013-12-31 | CN¥1.99 | CN¥11.99 | x |
| 2014-12-31 | CN¥2.20 | CN¥11.99 | x |
| 2015-12-31 | CN¥2.61 | CN¥11.99 | x |
| 2016-12-31 | CN¥4.33 | CN¥11.99 | x |
| 2017-12-31 | CN¥4.83 | CN¥11.99 | x |
| 2018-12-31 | CN¥5.24 | CN¥11.99 | x |
| 2019-12-31 | CN¥5.96 | CN¥11.99 | x |
| 2020-12-31 | CN¥6.71 | CN¥11.99 | x |
| 2021-12-31 | CN¥6.22 | CN¥11.99 | x |
| 2022-12-31 | CN¥6.37 | CN¥11.99 | x |
| 2023-12-31 | CN¥7.68 | CN¥11.99 | x |
| 2024-12-31 | CN¥7.77 | CN¥11.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suofeiya Home Collection 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): 18.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.06%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.20x
- Recent ROE (18.39%) is below the historical average (21.76%), 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 | 53.33% | 11.32% | 1.64x | 2.87x | CN¥18.44 Million |
| 2009 | 40.98% | 13.22% | 2.09x | 1.49x | CN¥35.45 Million |
| 2010 | 49.77% | 13.50% | 2.21x | 1.67x | CN¥74.31 Million |
| 2011 | 9.88% | 13.51% | 0.65x | 1.13x | CN¥-1.62 Million |
| 2012 | 11.72% | 14.18% | 0.69x | 1.19x | CN¥25.40 Million |
| 2013 | 14.04% | 13.73% | 0.86x | 1.20x | CN¥70.48 Million |
| 2014 | 16.84% | 13.85% | 0.93x | 1.31x | CN¥132.78 Million |
| 2015 | 19.92% | 14.36% | 1.01x | 1.37x | CN¥228.57 Million |
| 2016 | 17.08% | 14.66% | 0.85x | 1.37x | CN¥275.18 Million |
| 2017 | 20.28% | 14.72% | 0.87x | 1.58x | CN¥459.63 Million |
| 2018 | 19.85% | 13.12% | 0.94x | 1.62x | CN¥475.84 Million |
| 2019 | 19.79% | 14.02% | 0.91x | 1.56x | CN¥532.98 Million |
| 2020 | 19.47% | 14.27% | 0.77x | 1.77x | CN¥579.96 Million |
| 2021 | 2.17% | 1.18% | 0.84x | 2.20x | CN¥-441.49 Million |
| 2022 | 18.41% | 9.48% | 0.93x | 2.09x | CN¥486.06 Million |
| 2023 | 17.98% | 10.81% | 0.80x | 2.07x | CN¥559.74 Million |
| 2024 | 18.39% | 13.06% | 0.64x | 2.20x | CN¥625.60 Million |
Industry Comparison
This section compares Suofeiya Home Collection 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 |
|---|---|---|---|---|
| Suofeiya Home Collection Co Ltd (002572) | CN¥7.55 Billion | 53.33% | 0.82x | $1.69 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 Suofeiya Home Collection Co Ltd
Suofeiya Home Collection Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of furniture products in China. The company offers kitchen and vanity cabinets, closets and wardrobes, built-in and loose furniture, interior doors, and floors, as well as materials and finishes. It also provides cloakroom pocket products, including functional accessory, … Read more