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¥748.36 Million CNY (≈ $109.51 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¥1.94 Billion ≈ $284.22 Million USD) and total liabilities (CN¥1.19 Billion ≈ $174.71 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 002679 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¥748.36 Million |
| % of Total Assets | 38.53% |
| Annual Growth Rate | 12.65% |
| 5-Year Change | 1.06% |
| 10-Year Change | 4.38% |
| Growth Volatility | 50.11 |
Fujian Jinsen Forestry Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Fujian Jinsen Forestry Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Fujian Jinsen Forestry Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fujian Jinsen Forestry Co Ltd (2009–2025)
The table below shows the annual net assets of Fujian Jinsen Forestry Co Ltd from 2009 to 2025. For live valuation and market cap data, see 002679 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥769.92 Million ≈ $112.66 Million |
-0.01% |
| 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 2338.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥249.56 Million | 32.57% |
| Other Components | CN¥516.76 Million | 67.43% |
| Total Equity | CN¥766.32 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 |
|---|---|
|
Shenzhen Friendcom Technology Development Co Ltd
SHE:300514
|
$290.91 Million |
|
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd
SHG:600671
|
$291.00 Million |
|
Camlin Fine Sciences Limited
NSE:CAMLINFINE
|
$291.02 Million |
|
NOCIL Limited
NSE:NOCIL
|
$291.03 Million |
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
$290.78 Million |
|
DB Financial Investment Co Ltd
KO:016610
|
$290.71 Million |
|
Weifu High Tech Group
SHE:200581
|
$290.69 Million |
|
Zhejiang Benli Technology Co. Ltd.
SHE:301065
|
$290.58 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 2024 to 2025, total equity changed from 765,716,438 to 766,318,364, a change of 601,926 (0.1%).
- Net income of 9,230,595 contributed positively to equity growth.
- Dividend payments of 49,010,710 reduced retained earnings.
- Other factors increased equity by 40,382,041.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.23 Million | +1.2% |
| Dividends Paid | CN¥49.01 Million | -6.4% |
| Other Changes | CN¥40.38 Million | +5.27% |
| Total Change | CN¥- | 0.08% |
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: 2.59x
- 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 12.89x to 2.59x 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¥8.43 | x |
| 2010-12-31 | CN¥0.89 | CN¥8.43 | x |
| 2011-12-31 | CN¥1.21 | CN¥8.43 | x |
| 2012-12-31 | CN¥3.07 | CN¥8.43 | x |
| 2013-12-31 | CN¥2.85 | CN¥8.43 | x |
| 2014-12-31 | CN¥2.98 | CN¥8.43 | x |
| 2015-12-31 | CN¥3.10 | CN¥8.43 | x |
| 2016-12-31 | CN¥3.05 | CN¥8.43 | x |
| 2017-12-31 | CN¥3.38 | CN¥8.43 | x |
| 2018-12-31 | CN¥3.20 | CN¥8.43 | x |
| 2019-12-31 | CN¥3.45 | CN¥8.43 | x |
| 2020-12-31 | CN¥3.46 | CN¥8.43 | x |
| 2021-12-31 | CN¥2.94 | CN¥8.43 | x |
| 2022-12-31 | CN¥3.00 | CN¥8.43 | x |
| 2023-12-31 | CN¥2.85 | CN¥8.43 | x |
| 2024-12-31 | CN¥2.94 | CN¥8.43 | x |
| 2025-12-31 | CN¥3.25 | CN¥8.43 | 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): 1.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.21%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.62x
- Recent ROE (1.20%) is below the historical average (7.58%), 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 |
| 2025 | 1.20% | 6.21% | 0.07x | 2.62x | CN¥-67.40 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: $2,363,405,328
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Jinsen Forestry Co Ltd (002679) | CN¥748.36 Million | 27.89% | 1.60x | $290.82 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $1.97 Billion | -5.93% | 0.88x | $2.11 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $2.04 Billion | 2.20% | 0.95x | $267.52 Million |
| Dare Technology Co Ltd (000910) | $6.81 Billion | 0.20% | 0.39x | $458.18 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $455.30 Million | 5.83% | 1.19x | $1.49 Billion |
| Kangxin New Materials Co Ltd (600076) | $4.16 Billion | 9.37% | 0.58x | $657.14 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $379.40 Million | 3.05% | 1.27x | $419.76 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $725.31 Million | 15.57% | 0.47x | $414.98 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