Fujian Longzhou Transportation Co Ltd
Longzhou Group Co., Ltd. primarily engages in the transportation business in China. The company offers asphalt supply chain, port and terminal services, logistics park operations, etc.; and research, develop, and manufactures new energy vehicles. It also operates automobile passenger transport and station services including shuttle bus, tourist, taxi, and urban bus and passenger station operation… Read more
Fujian Longzhou Transportation Co Ltd (002682) - Net Assets
Latest net assets as of September 2025: CN¥996.21 Million CNY
Based on the latest financial reports, Fujian Longzhou Transportation Co Ltd (002682) has net assets worth CN¥996.21 Million 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¥5.77 Billion) and total liabilities (CN¥4.78 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¥996.21 Million |
| % of Total Assets | 17.26% |
| Annual Growth Rate | 7.68% |
| 5-Year Change | -52.28% |
| 10-Year Change | -30.08% |
| Growth Volatility | 29.47 |
Fujian Longzhou Transportation Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Fujian Longzhou Transportation 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 Fujian Longzhou Transportation Co Ltd (2008–2024)
The table below shows the annual net assets of Fujian Longzhou Transportation Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.15 Billion | -33.24% |
| 2023-12-31 | CN¥1.72 Billion | -20.73% |
| 2022-12-31 | CN¥2.17 Billion | -6.91% |
| 2021-12-31 | CN¥2.33 Billion | -3.13% |
| 2020-12-31 | CN¥2.40 Billion | -30.13% |
| 2019-12-31 | CN¥3.44 Billion | +1.16% |
| 2018-12-31 | CN¥3.40 Billion | +8.83% |
| 2017-12-31 | CN¥3.12 Billion | +76.73% |
| 2016-12-31 | CN¥1.77 Billion | +7.79% |
| 2015-12-31 | CN¥1.64 Billion | +29.19% |
| 2014-12-31 | CN¥1.27 Billion | +2.33% |
| 2013-12-31 | CN¥1.24 Billion | +5.56% |
| 2012-12-31 | CN¥1.17 Billion | +65.00% |
| 2011-12-31 | CN¥711.88 Million | +38.01% |
| 2010-12-31 | CN¥515.80 Million | +21.70% |
| 2009-12-31 | CN¥423.84 Million | +20.75% |
| 2008-12-31 | CN¥351.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Longzhou Transportation 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 decreased by 740.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥562.37 Million | 48.38% |
| Other Components | CN¥1.44 Billion | 124.29% |
| Total Equity | CN¥1.16 Billion | 100.00% |
Fujian Longzhou Transportation Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Longzhou Transportation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanxi Huhua Group Co Ltd
SHE:003002
|
$329.71 Million |
|
Anhui Jiuhuashan Tourism Dvlp
SHG:603199
|
$329.78 Million |
|
Zedcor Energy
V:ZDC
|
$329.81 Million |
|
Cotec Construction JSC
VN:CTD
|
$329.88 Million |
|
Infomedia Ltd
AU:IFM
|
$329.44 Million |
|
Shanghai Dragon Corp
SHG:600630
|
$329.05 Million |
|
Banco di Desio e della Brianza S.p.A.
LSE:0O5V
|
$328.93 Million |
|
World Acceptance Corporation
NASDAQ:WRLD
|
$328.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Longzhou Transportation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,511,830,000 to 1,162,456,000, a change of -349,374,000 (-23.1%).
- Net loss of 348,462,000 reduced equity.
- Dividend payments of 149,341,000 reduced retained earnings.
- Other comprehensive income decreased equity by 7,708,751.
- Other factors increased equity by 156,137,751.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-348.46 Million | -29.98% |
| Dividends Paid | CN¥149.34 Million | -12.85% |
| Other Comprehensive Income | CN¥-7.71 Million | -0.66% |
| Other Changes | CN¥156.14 Million | +13.43% |
| Total Change | CN¥- | -23.11% |
Book Value vs Market Value Analysis
This analysis compares Fujian Longzhou Transportation 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: 3.00x
- 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 6.15x to 3.00x 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¥1.01 | CN¥6.20 | x |
| 2009-12-31 | CN¥1.22 | CN¥6.20 | x |
| 2010-12-31 | CN¥1.59 | CN¥6.20 | x |
| 2011-12-31 | CN¥2.20 | CN¥6.20 | x |
| 2012-12-31 | CN¥3.09 | CN¥6.20 | x |
| 2013-12-31 | CN¥2.81 | CN¥6.20 | x |
| 2014-12-31 | CN¥2.73 | CN¥6.20 | x |
| 2015-12-31 | CN¥3.45 | CN¥6.20 | x |
| 2016-12-31 | CN¥3.51 | CN¥6.20 | x |
| 2017-12-31 | CN¥5.20 | CN¥6.20 | x |
| 2018-12-31 | CN¥5.11 | CN¥6.20 | x |
| 2019-12-31 | CN¥5.22 | CN¥6.20 | x |
| 2020-12-31 | CN¥3.44 | CN¥6.20 | x |
| 2021-12-31 | CN¥2.95 | CN¥6.20 | x |
| 2022-12-31 | CN¥3.29 | CN¥6.20 | x |
| 2023-12-31 | CN¥2.70 | CN¥6.20 | x |
| 2024-12-31 | CN¥2.07 | CN¥6.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Longzhou Transportation 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): -29.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.61%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 5.37x
- Recent ROE (-29.98%) is below the historical average (2.89%), 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 | 24.95% | 7.37% | 0.70x | 4.86x | CN¥34.73 Million |
| 2009 | 23.98% | 7.02% | 0.67x | 5.09x | CN¥39.57 Million |
| 2010 | 28.72% | 6.62% | 0.88x | 4.94x | CN¥67.98 Million |
| 2011 | 34.21% | 11.69% | 0.93x | 3.16x | CN¥133.95 Million |
| 2012 | 10.57% | 6.22% | 0.66x | 2.58x | CN¥5.80 Million |
| 2013 | 6.79% | 3.66% | 0.67x | 2.77x | CN¥-34.11 Million |
| 2014 | 1.95% | 0.91% | 0.75x | 2.86x | CN¥-84.99 Million |
| 2015 | 3.28% | 1.82% | 0.61x | 2.96x | CN¥-91.69 Million |
| 2016 | 3.61% | 2.12% | 0.51x | 3.35x | CN¥-89.14 Million |
| 2017 | 6.16% | 3.52% | 0.66x | 2.64x | CN¥-104.28 Million |
| 2018 | 5.88% | 2.45% | 0.69x | 3.47x | CN¥-117.43 Million |
| 2019 | 3.64% | 1.74% | 0.61x | 3.43x | CN¥-184.71 Million |
| 2020 | -47.77% | -25.64% | 0.41x | 4.51x | CN¥-1.12 Billion |
| 2021 | 0.68% | 0.27% | 0.64x | 3.97x | CN¥-181.23 Million |
| 2022 | -4.28% | -1.59% | 0.68x | 3.99x | CN¥-264.42 Million |
| 2023 | -23.31% | -9.48% | 0.55x | 4.44x | CN¥-503.56 Million |
| 2024 | -29.98% | -11.61% | 0.48x | 5.37x | CN¥-464.71 Million |
Industry Comparison
This section compares Fujian Longzhou Transportation Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $16,073,295,995
- Average return on equity (ROE) among peers: -37.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Longzhou Transportation Co Ltd (002682) | CN¥996.21 Million | 24.95% | 4.80x | $329.58 Million |
| Weichai Power Co Ltd Class A (000338) | $40.85 Billion | 12.24% | 1.95x | $22.99 Billion |
| Haima Automobile Group Co Ltd (000572) | $51.44 Million | 0.00% | 13.34x | $994.86 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $46.15 Billion | 1.47% | 1.03x | $12.14 Billion |
| Faw Car Co Ltd (000800) | $4.48 Billion | 10.21% | 0.28x | $984.75 Million |
| Anhui Ankai Automobile Co Ltd (000868) | $1.38 Billion | 6.88% | 2.00x | $311.06 Million |
| Kunming Yunnei Power Co Ltd (000903) | $3.54 Billion | 4.55% | 0.82x | $463.94 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $832.28 Million | 13.17% | 0.69x | $570.39 Million |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.37 Billion |
| Yinyi Real Estate Co Ltd (000981) | $596.31 Million | -14.36% | 0.78x | $1.56 Billion |
| BYD Co Ltd Class A (002594) | $62.60 Billion | 2.58% | 2.13x | $87.17 Billion |