Fujian Jinsen Forestry Co Ltd (002679) - Net Assets
Based on the latest financial reports, Fujian Jinsen Forestry Co Ltd (002679) has net assets worth CN¥737.50 Million CNY (≈ $107.92 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¥1.95 Billion ≈ $285.28 Million USD) and total liabilities (CN¥1.21 Billion ≈ $177.36 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 Fujian Jinsen Forestry Co Ltd (002679) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥737.50 Million |
| % of Total Assets | 37.83% |
| Annual Growth Rate | 13.55% |
| 5-Year Change | 1.85% |
| 10-Year Change | 6.34% |
| Growth Volatility | 51.52 |
Fujian Jinsen Forestry Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Fujian Jinsen Forestry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Fujian Jinsen Forestry Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Fujian Jinsen Forestry Co Ltd (2009–2024)
The table below shows the annual net assets of Fujian Jinsen Forestry Co Ltd from 2009 to 2024. For live valuation and market cap data, see 002679 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥770.01 Million ≈ $112.68 Million |
+1.10% |
| 2023-12-31 | CN¥761.61 Million ≈ $111.45 Million |
-0.28% |
| 2022-12-31 | CN¥763.75 Million ≈ $111.76 Million |
+0.25% |
| 2021-12-31 | CN¥761.84 Million ≈ $111.48 Million |
+0.77% |
| 2020-12-31 | CN¥756.00 Million ≈ $110.63 Million |
+0.53% |
| 2019-12-31 | CN¥752.00 Million ≈ $110.04 Million |
-1.13% |
| 2018-12-31 | CN¥760.62 Million ≈ $111.30 Million |
-2.80% |
| 2017-12-31 | CN¥782.51 Million ≈ $114.51 Million |
+6.08% |
| 2016-12-31 | CN¥737.63 Million ≈ $107.94 Million |
+1.87% |
| 2015-12-31 | CN¥724.07 Million ≈ $105.95 Million |
+3.50% |
| 2014-12-31 | CN¥699.57 Million ≈ $102.37 Million |
+5.07% |
| 2013-12-31 | CN¥665.82 Million ≈ $97.43 Million |
+5.22% |
| 2012-12-31 | CN¥632.79 Million ≈ $92.60 Million |
+207.79% |
| 2011-12-31 | CN¥205.60 Million ≈ $30.09 Million |
+29.36% |
| 2010-12-31 | CN¥158.94 Million ≈ $23.26 Million |
+38.86% |
| 2009-12-31 | CN¥114.46 Million ≈ $16.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Jinsen Forestry 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 2350.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥250.84 Million | 32.76% |
| Common Stock | CN¥235.76 Million | 30.79% |
| Other Components | CN¥279.12 Million | 36.45% |
| Total Equity | CN¥765.72 Million | 100.00% |
Fujian Jinsen Forestry Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Jinsen Forestry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang East Crystal Electronic Co Ltd
SHE:002199
|
$376.18 Million |
|
Fanli Digital Technology Co Ltd
SHG:600228
|
$376.20 Million |
|
Hes Technology Group
SHE:002963
|
$376.24 Million |
|
Wanxiang Doneed Co Ltd
SHG:600371
|
$376.33 Million |
|
DAKOTA GOLD CORP. DL-001
F:RR6
|
$376.03 Million |
|
Gospell Digital Technology Co Ltd
SHE:002848
|
$375.94 Million |
|
Candel Therapeutics Inc
NASDAQ:CADL
|
$375.76 Million |
|
Vigil Neuroscience Inc
NASDAQ:VIGL
|
$375.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Jinsen Forestry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 761,317,226 to 765,716,438, a change of 4,399,212 (0.6%).
- Net income of 10,410,990 contributed positively to equity growth.
- Dividend payments of 53,238,846 reduced retained earnings.
- Other factors increased equity by 47,227,068.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥10.41 Million | +1.36% |
| Dividends Paid | CN¥53.24 Million | -6.95% |
| Other Changes | CN¥47.23 Million | +6.17% |
| Total Change | CN¥- | 0.58% |
Book Value vs Market Value Analysis
This analysis compares Fujian Jinsen Forestry 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: 3.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.67x to 3.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.65 | CN¥10.90 | x |
| 2010-12-31 | CN¥0.89 | CN¥10.90 | x |
| 2011-12-31 | CN¥1.21 | CN¥10.90 | x |
| 2012-12-31 | CN¥3.03 | CN¥10.90 | x |
| 2013-12-31 | CN¥2.85 | CN¥10.90 | x |
| 2014-12-31 | CN¥2.98 | CN¥10.90 | x |
| 2015-12-31 | CN¥3.10 | CN¥10.90 | x |
| 2016-12-31 | CN¥3.05 | CN¥10.90 | x |
| 2017-12-31 | CN¥3.32 | CN¥10.90 | x |
| 2018-12-31 | CN¥3.20 | CN¥10.90 | x |
| 2019-12-31 | CN¥3.19 | CN¥10.90 | x |
| 2020-12-31 | CN¥3.21 | CN¥10.90 | x |
| 2021-12-31 | CN¥3.23 | CN¥10.90 | x |
| 2022-12-31 | CN¥3.24 | CN¥10.90 | x |
| 2023-12-31 | CN¥2.85 | CN¥10.90 | x |
| 2024-12-31 | CN¥2.94 | CN¥10.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Jinsen Forestry 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): 1.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.91%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.59x
- Recent ROE (1.36%) is below the historical average (7.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 27.89% | 37.96% | 0.32x | 2.30x | CN¥20.44 Million |
| 2010 | 25.15% | 36.07% | 0.33x | 2.09x | CN¥23.99 Million |
| 2011 | 22.76% | 36.57% | 0.34x | 1.84x | CN¥26.16 Million |
| 2012 | 8.73% | 35.50% | 0.17x | 1.49x | CN¥-8.02 Million |
| 2013 | 7.23% | 27.62% | 0.13x | 2.07x | CN¥-18.40 Million |
| 2014 | 6.72% | 24.70% | 0.14x | 1.99x | CN¥-22.93 Million |
| 2015 | 5.12% | 18.64% | 0.12x | 2.28x | CN¥-35.32 Million |
| 2016 | 3.47% | 18.58% | 0.08x | 2.26x | CN¥-48.17 Million |
| 2017 | 7.10% | 31.73% | 0.10x | 2.15x | CN¥-22.71 Million |
| 2018 | 6.26% | 28.24% | 0.10x | 2.24x | CN¥-28.44 Million |
| 2019 | 0.58% | 3.39% | 0.08x | 2.23x | CN¥-70.81 Million |
| 2020 | 1.15% | 5.90% | 0.08x | 2.35x | CN¥-66.84 Million |
| 2021 | 1.70% | 6.81% | 0.10x | 2.51x | CN¥-63.22 Million |
| 2022 | 1.33% | 5.85% | 0.09x | 2.51x | CN¥-66.15 Million |
| 2023 | 1.05% | 5.42% | 0.07x | 2.69x | CN¥-68.13 Million |
| 2024 | 1.36% | 6.91% | 0.08x | 2.59x | CN¥-66.16 Million |
Industry Comparison
This section compares Fujian Jinsen Forestry Co Ltd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $2,517,600,216
- Average return on equity (ROE) among peers: -20.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Jinsen Forestry Co Ltd (002679) | CN¥737.50 Million | 27.89% | 1.64x | $376.03 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $3.50 Billion | 0.17% | 0.24x | $3.04 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $837.32 Million | -158.78% | 2.33x | $338.96 Million |
| Dare Technology Co Ltd (000910) | $6.87 Billion | 4.84% | 0.39x | $543.89 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $403.76 Million | 9.12% | 1.18x | $1.80 Billion |
| Kangxin New Materials Co Ltd (600076) | $4.10 Billion | -8.14% | 0.66x | $655.17 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $348.18 Million | 6.36% | 1.04x | $418.24 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $1.57 Billion | 4.48% | 0.08x | $446.15 Million |
About Fujian Jinsen Forestry Co Ltd
Fujian Jinsen Forestry Co.,Ltd, together with its subsidiaries, engages in forest resource cultivation business in China. The company is involved in forest management and protection; afforestation and regeneration; tree seedling cultivation; tree breeding; planting of flowers and other horticultural plants; investment in forestry and agricultural projects; forestry technical consulting; and plant… Read more