Der International Home Furnishing Co Ltd
Der Future Science and Technology Holding Group Co., Ltd. engages in research, development, production, and sales of large home furnishing products. The company offers laminate flooring, engineered wood flooring, solid wood flooring, custom wardrobes, custom cabinets, graphene-related preparation equipment, and application products. Der Future Science and Technology Holding Group Co., Ltd. was fo… Read more
Der International Home Furnishing Co Ltd (002631) - Net Assets
Latest net assets as of September 2025: CN¥2.19 Billion CNY
Based on the latest financial reports, Der International Home Furnishing Co Ltd (002631) has net assets worth CN¥2.19 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.28 Billion) and total liabilities (CN¥1.09 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.19 Billion |
| % of Total Assets | 66.79% |
| Annual Growth Rate | 17.88% |
| 5-Year Change | 24.74% |
| 10-Year Change | 43.74% |
| Growth Volatility | 82.93 |
Der International Home Furnishing Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Der International Home Furnishing Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Der International Home Furnishing Co Ltd (2008–2024)
The table below shows the annual net assets of Der International Home Furnishing Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.26 Billion | +25.07% |
| 2023-12-31 | CN¥1.81 Billion | +0.23% |
| 2022-12-31 | CN¥1.81 Billion | -2.72% |
| 2021-12-31 | CN¥1.86 Billion | +2.29% |
| 2020-12-31 | CN¥1.81 Billion | -5.85% |
| 2019-12-31 | CN¥1.93 Billion | +9.99% |
| 2018-12-31 | CN¥1.75 Billion | +8.34% |
| 2017-12-31 | CN¥1.62 Billion | +7.98% |
| 2016-12-31 | CN¥1.50 Billion | -4.88% |
| 2015-12-31 | CN¥1.57 Billion | +10.48% |
| 2014-12-31 | CN¥1.43 Billion | +9.59% |
| 2013-12-31 | CN¥1.30 Billion | +7.29% |
| 2012-12-31 | CN¥1.21 Billion | +2.08% |
| 2011-12-31 | CN¥1.19 Billion | +345.86% |
| 2010-12-31 | CN¥266.35 Million | +58.93% |
| 2009-12-31 | CN¥167.59 Million | +2.94% |
| 2008-12-31 | CN¥162.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Der International Home Furnishing 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 1223.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥673.12 Million | 29.81% |
| Common Stock | CN¥797.28 Million | 35.31% |
| Other Comprehensive Income | CN¥-216.56 Million | -9.59% |
| Other Components | CN¥1.00 Billion | 44.47% |
| Total Equity | CN¥2.26 Billion | 100.00% |
Der International Home Furnishing Co Ltd Competitors by Market Cap
The table below lists competitors of Der International Home Furnishing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Action Construction Equipment Limited
NSE:ACE
|
$365.06 Million |
|
Crescent Capital BDC Inc
NASDAQ:CCAP
|
$365.11 Million |
|
Wilson Sons Holdings Brasil S.A.
SA:PORT3
|
$365.18 Million |
|
Instalco AB
LSE:0RP5
|
$365.28 Million |
|
Hengxin Mobile Business
SHE:300081
|
$365.01 Million |
|
American Business Bk
OTCQX:AMBZ
|
$364.88 Million |
|
Jiangsu Libert Inc
SHG:605167
|
$364.86 Million |
|
Movado Group Inc
NYSE:MOV
|
$364.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Der International Home Furnishing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,809,051,453 to 2,258,076,240, a change of 449,024,787 (24.8%).
- Net loss of 89,521,522 reduced equity.
- Dividend payments of 44,426,668 reduced retained earnings.
- Share repurchases of 172,143,256 reduced equity.
- Other comprehensive income decreased equity by 216,560,295.
- Other factors increased equity by 971,676,528.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-89.52 Million | -3.96% |
| Dividends Paid | CN¥44.43 Million | -1.97% |
| Share Repurchases | CN¥172.14 Million | -7.62% |
| Other Comprehensive Income | CN¥-216.56 Million | -9.59% |
| Other Changes | CN¥971.68 Million | +43.03% |
| Total Change | CN¥- | 24.82% |
Book Value vs Market Value Analysis
This analysis compares Der International Home Furnishing 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: 2.19x
- 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 21.56x to 2.19x 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¥7.40 | x |
| 2009-12-31 | CN¥0.35 | CN¥7.40 | x |
| 2010-12-31 | CN¥0.55 | CN¥7.40 | x |
| 2011-12-31 | CN¥2.40 | CN¥7.40 | x |
| 2012-12-31 | CN¥1.88 | CN¥7.40 | x |
| 2013-12-31 | CN¥1.98 | CN¥7.40 | x |
| 2014-12-31 | CN¥2.21 | CN¥7.40 | x |
| 2015-12-31 | CN¥2.41 | CN¥7.40 | x |
| 2016-12-31 | CN¥2.23 | CN¥7.40 | x |
| 2017-12-31 | CN¥2.35 | CN¥7.40 | x |
| 2018-12-31 | CN¥2.56 | CN¥7.40 | x |
| 2019-12-31 | CN¥2.83 | CN¥7.40 | x |
| 2020-12-31 | CN¥2.70 | CN¥7.40 | x |
| 2021-12-31 | CN¥2.79 | CN¥7.40 | x |
| 2022-12-31 | CN¥2.73 | CN¥7.40 | x |
| 2023-12-31 | CN¥2.75 | CN¥7.40 | x |
| 2024-12-31 | CN¥3.38 | CN¥7.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Der International Home Furnishing 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): -3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.87%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.66x
- Recent ROE (-3.96%) is below the historical average (10.57%), 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 | 29.13% | 15.15% | 1.10x | 1.74x | CN¥31.15 Million |
| 2009 | 50.60% | 20.46% | 1.12x | 2.22x | CN¥68.03 Million |
| 2010 | 36.72% | 19.20% | 1.12x | 1.71x | CN¥71.16 Million |
| 2011 | 7.29% | 16.68% | 0.38x | 1.14x | CN¥-32.23 Million |
| 2012 | 6.00% | 17.16% | 0.32x | 1.10x | CN¥-48.50 Million |
| 2013 | 7.07% | 16.65% | 0.35x | 1.21x | CN¥-38.14 Million |
| 2014 | 9.05% | 18.97% | 0.41x | 1.17x | CN¥-13.57 Million |
| 2015 | 8.80% | 16.25% | 0.47x | 1.14x | CN¥-18.77 Million |
| 2016 | 13.03% | 16.88% | 0.58x | 1.32x | CN¥44.42 Million |
| 2017 | 5.54% | 5.35% | 0.72x | 1.45x | CN¥-68.91 Million |
| 2018 | 6.26% | 5.87% | 0.69x | 1.55x | CN¥-62.09 Million |
| 2019 | 4.32% | 4.43% | 0.53x | 1.84x | CN¥-104.59 Million |
| 2020 | -2.89% | -3.27% | 0.46x | 1.92x | CN¥-229.13 Million |
| 2021 | 3.23% | 2.92% | 0.51x | 2.17x | CN¥-124.28 Million |
| 2022 | -2.17% | -1.97% | 0.45x | 2.45x | CN¥-218.68 Million |
| 2023 | 1.76% | 1.64% | 0.42x | 2.56x | CN¥-149.14 Million |
| 2024 | -3.96% | -5.87% | 0.41x | 1.66x | CN¥-315.33 Million |
Industry Comparison
This section compares Der International Home Furnishing Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,017,134,910
- Average return on equity (ROE) among peers: 11.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Der International Home Furnishing Co Ltd (002631) | CN¥2.19 Billion | 29.13% | 0.50x | $365.01 Million |
| Huasu Holdings Co Ltd (000509) | $-97.01 Million | 0.00% | 0.00x | $359.86 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $13.52 Million | 0.00% | 1.72x | $206.70 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $8.53 Billion | 12.97% | 0.57x | $3.59 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.61 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $508.00 Million | 8.40% | 2.64x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $1.60 Billion | 34.70% | 3.18x | $113.36 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.20 Billion | 15.44% | 0.40x | $249.31 Million |
| Everjoy Health Group Co Ltd (002162) | $816.70 Million | 1.77% | 1.62x | $269.77 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $110.91 Million | 10.68% | 1.26x | $240.74 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |