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¥749.67 Million CNY (≈ $109.70 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.97 Billion ≈ $288.15 Million USD) and total liabilities (CN¥1.22 Billion ≈ $178.45 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 PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥749.67 Million |
| % of Total Assets | 38.07% |
| 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. For live market cap and overall valuation, see 002679 market cap.
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. Also explore how fast is Fujian Jinsen Forestry Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| 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 |
-- |
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 |
|---|---|
|
Mirrabooka Investments Ltd
AU:MIR
|
$376.98 Million |
|
China Datang Corporation Renewable Power Co. Limited
STU:DT7
|
$377.20 Million |
|
Proact IT Group AB
ST:PACT
|
$377.25 Million |
|
Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares
NASDAQ:ANSC
|
$377.29 Million |
|
Kits Eyecare Ltd
TO:KITS
|
$376.69 Million |
|
Rechi Precision Co Ltd
TW:4532
|
$376.65 Million |
|
Escar Turizm Tasimacilik Ticaret AS
IS:ESCAR
|
$376.50 Million |
|
Dongbu Steel Co Ltd
KO:016380
|
$376.48 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: 3.36x
- 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 16.70x to 3.36x 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¥10.92 | x |
| 2010-12-31 | CN¥0.89 | CN¥10.92 | x |
| 2011-12-31 | CN¥1.21 | CN¥10.92 | x |
| 2012-12-31 | CN¥3.07 | CN¥10.92 | x |
| 2013-12-31 | CN¥2.85 | CN¥10.92 | x |
| 2014-12-31 | CN¥2.98 | CN¥10.92 | x |
| 2015-12-31 | CN¥3.10 | CN¥10.92 | x |
| 2016-12-31 | CN¥3.05 | CN¥10.92 | x |
| 2017-12-31 | CN¥3.38 | CN¥10.92 | x |
| 2018-12-31 | CN¥3.20 | CN¥10.92 | x |
| 2019-12-31 | CN¥3.45 | CN¥10.92 | x |
| 2020-12-31 | CN¥3.46 | CN¥10.92 | x |
| 2021-12-31 | CN¥2.94 | CN¥10.92 | x |
| 2022-12-31 | CN¥3.00 | CN¥10.92 | x |
| 2023-12-31 | CN¥2.85 | CN¥10.92 | x |
| 2024-12-31 | CN¥2.94 | CN¥10.92 | x |
| 2025-12-31 | CN¥3.25 | CN¥10.92 | 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: $1,335,094,910
- Average return on equity (ROE) among peers: -24.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Jinsen Forestry Co Ltd (002679) | CN¥749.67 Million | 27.89% | 1.63x | $376.72 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $37.26 Million | 66.46% | 10.46x | $2.44 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $354.24 Million | 4.79% | 1.34x | $293.14 Million |
| Dare Technology Co Ltd (000910) | $2.42 Billion | 13.12% | 1.67x | $455.78 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $790.57 Million | 2.93% | 0.24x | $1.34 Billion |
| Kangxin New Materials Co Ltd (600076) | $3.80 Billion | 12.31% | 0.54x | $430.88 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $39.07 Million | -274.36% | 11.68x | $423.94 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $1.90 Billion | 6.32% | 0.22x | $492.08 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