Era Co Ltd (002641) - Net Assets
Based on the latest financial reports, Era Co Ltd (002641) has net assets worth CN¥5.57 Billion CNY (≈ $814.70 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¥9.10 Billion ≈ $1.33 Billion USD) and total liabilities (CN¥3.53 Billion ≈ $516.97 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 Era Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.57 Billion |
| % of Total Assets | 61.18% |
| Annual Growth Rate | 17.81% |
| 5-Year Change | 10.6% |
| 10-Year Change | 120.17% |
| Growth Volatility | 43.14 |
Era Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Era Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Era Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Era Co Ltd (2008–2025)
The table below shows the annual net assets of Era Co Ltd from 2008 to 2025. For live valuation and market cap data, see 002641 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.59 Billion ≈ $818.58 Million |
-0.45% |
| 2024-12-31 | CN¥5.62 Billion ≈ $822.28 Million |
+1.75% |
| 2023-12-31 | CN¥5.52 Billion ≈ $808.16 Million |
+8.53% |
| 2022-12-31 | CN¥5.09 Billion ≈ $744.65 Million |
+0.61% |
| 2021-12-31 | CN¥5.06 Billion ≈ $740.14 Million |
+7.61% |
| 2020-12-31 | CN¥4.70 Billion ≈ $687.83 Million |
+38.97% |
| 2019-12-31 | CN¥3.38 Billion ≈ $494.96 Million |
+16.29% |
| 2018-12-31 | CN¥2.91 Billion ≈ $425.61 Million |
+8.11% |
| 2017-12-31 | CN¥2.69 Billion ≈ $393.67 Million |
+5.88% |
| 2016-12-31 | CN¥2.54 Billion ≈ $371.80 Million |
+7.25% |
| 2015-12-31 | CN¥2.37 Billion ≈ $346.68 Million |
+7.20% |
| 2014-12-31 | CN¥2.21 Billion ≈ $323.40 Million |
+8.77% |
| 2013-12-31 | CN¥2.03 Billion ≈ $297.32 Million |
+11.34% |
| 2012-12-31 | CN¥1.82 Billion ≈ $267.04 Million |
+15.84% |
| 2011-12-31 | CN¥1.58 Billion ≈ $230.52 Million |
+188.52% |
| 2010-12-31 | CN¥546.00 Million ≈ $79.90 Million |
+10.03% |
| 2009-12-31 | CN¥496.21 Million ≈ $72.61 Million |
+43.85% |
| 2008-12-31 | CN¥344.94 Million ≈ $50.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Era 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 3163.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.64 Billion | 48.23% |
| Other Components | CN¥2.83 Billion | 51.77% |
| Total Equity | CN¥5.46 Billion | 100.00% |
Era Co Ltd Competitors by Market Cap
The table below lists competitors of Era Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VBG Group AB (publ)
ST:VBG-B
|
$773.40 Million |
|
UWM Holdings Corp
NYSE:UWMC
|
$773.43 Million |
|
Hwang Chang General Contractor Co Ltd
TW:2543
|
$773.48 Million |
|
Anshan Hifichem Co Ltd
SHE:300758
|
$773.84 Million |
|
Jiangsu TongLin Electric Co.Ltd.
SHE:301168
|
$773.16 Million |
|
Guangdong Enpack Packaging Co Ltd
SHE:002846
|
$773.15 Million |
|
We Buy Cars Hlds Ltd
JSE:WBC
|
$773.07 Million |
|
Shanghai Zhongyida Co Ltd A
SHG:600610
|
$772.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Era Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,470,743,315 to 5,464,436,953, a change of -6,306,362 (-0.1%).
- Net income of 62,491,161 contributed positively to equity growth.
- Dividend payments of 63,555,338 reduced retained earnings.
- Other comprehensive income decreased equity by 406,308,855.
- Other factors increased equity by 401,066,671.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥62.49 Million | +1.14% |
| Dividends Paid | CN¥63.56 Million | -1.16% |
| Other Comprehensive Income | CN¥-406.31 Million | -7.44% |
| Other Changes | CN¥401.07 Million | +7.34% |
| Total Change | CN¥- | -0.12% |
Book Value vs Market Value Analysis
This analysis compares Era 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: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.04x to 0.97x 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¥0.61 | CN¥4.30 | x |
| 2009-12-31 | CN¥0.88 | CN¥4.30 | x |
| 2010-12-31 | CN¥0.78 | CN¥4.30 | x |
| 2011-12-31 | CN¥1.87 | CN¥4.30 | x |
| 2012-12-31 | CN¥1.62 | CN¥4.30 | x |
| 2013-12-31 | CN¥1.80 | CN¥4.30 | x |
| 2014-12-31 | CN¥1.94 | CN¥4.30 | x |
| 2015-12-31 | CN¥2.11 | CN¥4.30 | x |
| 2016-12-31 | CN¥2.25 | CN¥4.30 | x |
| 2017-12-31 | CN¥2.37 | CN¥4.30 | x |
| 2018-12-31 | CN¥2.62 | CN¥4.30 | x |
| 2019-12-31 | CN¥3.03 | CN¥4.30 | x |
| 2020-12-31 | CN¥4.15 | CN¥4.30 | x |
| 2021-12-31 | CN¥4.12 | CN¥4.30 | x |
| 2022-12-31 | CN¥3.84 | CN¥4.30 | x |
| 2023-12-31 | CN¥4.44 | CN¥4.30 | x |
| 2024-12-31 | CN¥4.48 | CN¥4.30 | x |
| 2025-12-31 | CN¥4.45 | CN¥4.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Era 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): 1.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.01%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.50x
- Recent ROE (1.14%) is below the historical average (12.11%), 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 | 20.69% | 4.94% | 1.60x | 2.61x | CN¥36.70 Million |
| 2009 | 30.70% | 9.98% | 1.55x | 1.99x | CN¥102.60 Million |
| 2010 | 29.44% | 8.86% | 1.42x | 2.34x | CN¥106.12 Million |
| 2011 | 10.83% | 7.34% | 0.99x | 1.49x | CN¥13.09 Million |
| 2012 | 14.85% | 10.78% | 0.92x | 1.49x | CN¥88.59 Million |
| 2013 | 11.96% | 8.32% | 0.98x | 1.47x | CN¥39.77 Million |
| 2014 | 8.71% | 5.57% | 1.00x | 1.57x | CN¥-28.44 Million |
| 2015 | 10.95% | 7.34% | 0.89x | 1.68x | CN¥22.50 Million |
| 2016 | 8.46% | 5.70% | 0.87x | 1.71x | CN¥-39.23 Million |
| 2017 | 7.16% | 4.22% | 0.99x | 1.72x | CN¥-76.37 Million |
| 2018 | 8.41% | 4.57% | 0.99x | 1.86x | CN¥-46.19 Million |
| 2019 | 15.19% | 8.17% | 1.10x | 1.69x | CN¥175.47 Million |
| 2020 | 16.37% | 10.94% | 0.93x | 1.61x | CN¥299.56 Million |
| 2021 | 11.41% | 6.50% | 1.06x | 1.65x | CN¥71.07 Million |
| 2022 | 1.56% | 0.98% | 0.95x | 1.68x | CN¥-424.08 Million |
| 2023 | 6.75% | 4.86% | 0.90x | 1.55x | CN¥-174.65 Million |
| 2024 | 3.48% | 2.88% | 0.79x | 1.54x | CN¥-356.63 Million |
| 2025 | 1.14% | 1.01% | 0.76x | 1.50x | CN¥-483.95 Million |
Industry Comparison
This section compares Era 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: $3,918,921,560
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Era Co Ltd (002641) | CN¥5.57 Billion | 20.69% | 0.63x | $773.38 Million |
| China Fangda Group Co Ltd (000055) | $5.82 Billion | 4.86% | 1.19x | $379.95 Million |
| Huasu Holdings Co Ltd (000509) | $149.74 Million | 8.78% | 0.82x | $656.40 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $171.32 Million | 7.19% | 0.09x | $311.16 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $26.72 Billion | 13.65% | 0.32x | $5.13 Billion |
| Yantai Moon Co Ltd (000811) | $1.10 Billion | 14.34% | 1.08x | $5.30 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $137.96 Million | 28.83% | 2.00x | $260.76 Million |
| Shandong Luyang Share Co Ltd (002088) | $517.74 Million | 15.38% | 0.57x | $660.01 Million |
| Everjoy Health Group Co Ltd (002162) | $1.02 Billion | -27.62% | 1.45x | $480.45 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $1.13 Billion | 1.88% | 1.24x | $302.13 Million |
| Puyang Refractories Group Co Ltd (002225) | $2.43 Billion | -7.62% | 0.93x | $749.78 Million |
About Era Co Ltd
Era Co., Ltd. engages in plastic pipe and solar energy businesses in China. The company offers polyvinyl chloride, polyethylene, and random copolymerized polypropylene, as well as various pipe fittings and valves, which are used in municipal pipeline network, industrial pipeline network, construction engineering, fire protection, power communication, whole house decoration, agricultural breeding,… Read more