Beijing Sanfo Outdoor Products Co Ltd

SHE:002780 China Specialty Retail
Market Cap
$333.98 Million
CN¥2.45 Billion CNY
Market Cap Rank
#13667 Global
#3548 in China
Share Price
CN¥15.55
Change (1 day)
+0.13%
52-Week Range
CN¥9.58 - CN¥19.20
All Time High
CN¥59.21
About

Beijing Sanfo Outdoor Products Co., Ltd engages in the retail of outdoor sporting goods in China. It is also involved in organizing events and camp training activities. The company sells its products through online and offline retail channels. The company was founded in 1997 and is based in Beijing, China.

Beijing Sanfo Outdoor Products Co Ltd (002780) - Net Assets

Latest net assets as of September 2025: CN¥640.31 Million CNY

Based on the latest financial reports, Beijing Sanfo Outdoor Products Co Ltd (002780) has net assets worth CN¥640.31 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¥1.16 Billion) and total liabilities (CN¥523.04 Million). 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¥640.31 Million
% of Total Assets 55.04%
Annual Growth Rate 13.34%
5-Year Change 12.39%
10-Year Change 72.61%
Growth Volatility 27.02

Beijing Sanfo Outdoor Products Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Beijing Sanfo Outdoor Products 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 Beijing Sanfo Outdoor Products Co Ltd (2011–2024)

The table below shows the annual net assets of Beijing Sanfo Outdoor Products Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥621.78 Million -12.06%
2023-12-31 CN¥707.02 Million +3.42%
2022-12-31 CN¥683.65 Million -4.56%
2021-12-31 CN¥716.32 Million +29.48%
2020-12-31 CN¥553.21 Million -9.95%
2019-12-31 CN¥614.30 Million -3.86%
2018-12-31 CN¥638.95 Million +0.64%
2017-12-31 CN¥634.91 Million +61.99%
2016-12-31 CN¥391.95 Million +8.81%
2015-12-31 CN¥360.21 Million +82.21%
2014-12-31 CN¥197.69 Million +10.48%
2013-12-31 CN¥178.94 Million +19.41%
2012-12-31 CN¥149.85 Million +22.76%
2011-12-31 CN¥122.07 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Sanfo Outdoor Products 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 111.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥157.59 Million 23.62%
Other Comprehensive Income CN¥20.31 Million 3.04%
Other Components CN¥493.21 Million 73.91%
Total Equity CN¥667.28 Million 100.00%

Beijing Sanfo Outdoor Products Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Sanfo Outdoor Products Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Sanfo Outdoor Products Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 688,769,463 to 667,275,354, a change of -21,494,109 (-3.1%).
  • Net loss of 21,494,108 reduced equity.
  • Dividend payments of 7,086,470 reduced retained earnings.
  • Other comprehensive income increased equity by 20,313,556.
  • Other factors decreased equity by 13,227,087.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-21.49 Million -3.22%
Dividends Paid CN¥7.09 Million -1.06%
Other Comprehensive Income CN¥20.31 Million +3.04%
Other Changes CN¥-13.23 Million -1.98%
Total Change CN¥- -3.12%

Book Value vs Market Value Analysis

This analysis compares Beijing Sanfo Outdoor Products 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: 3.58x
  • 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 12.48x to 3.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥1.25 CN¥15.55 x
2012-12-31 CN¥1.55 CN¥15.55 x
2013-12-31 CN¥1.83 CN¥15.55 x
2014-12-31 CN¥2.04 CN¥15.55 x
2015-12-31 CN¥3.72 CN¥15.55 x
2016-12-31 CN¥4.43 CN¥15.55 x
2017-12-31 CN¥4.92 CN¥15.55 x
2018-12-31 CN¥5.08 CN¥15.55 x
2019-12-31 CN¥4.07 CN¥15.55 x
2020-12-31 CN¥3.62 CN¥15.55 x
2021-12-31 CN¥4.72 CN¥15.55 x
2022-12-31 CN¥4.12 CN¥15.55 x
2023-12-31 CN¥4.34 CN¥15.55 x
2024-12-31 CN¥4.35 CN¥15.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Sanfo Outdoor Products 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): -3.22%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.69%
  • • Asset Turnover: 0.72x
  • • Equity Multiplier: 1.67x
  • Recent ROE (-3.22%) is below the historical average (4.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 27.57% 15.50% 1.35x 1.32x CN¥21.45 Million
2012 18.54% 11.78% 1.13x 1.39x CN¥12.80 Million
2013 18.21% 11.47% 1.23x 1.29x CN¥14.69 Million
2014 14.09% 9.55% 1.16x 1.28x CN¥8.08 Million
2015 8.55% 9.40% 0.76x 1.19x CN¥-5.22 Million
2016 9.02% 10.01% 0.73x 1.23x CN¥-3.82 Million
2017 -2.03% -3.67% 0.43x 1.29x CN¥-76.39 Million
2018 0.79% 1.20% 0.48x 1.36x CN¥-58.88 Million
2019 -4.84% -7.13% 0.48x 1.40x CN¥-87.89 Million
2020 -12.85% -14.48% 0.58x 1.52x CN¥-120.38 Million
2021 -3.68% -4.54% 0.55x 1.48x CN¥-93.78 Million
2022 -5.93% -6.88% 0.53x 1.64x CN¥-103.84 Million
2023 5.30% 4.32% 0.77x 1.60x CN¥-32.34 Million
2024 -3.22% -2.69% 0.72x 1.67x CN¥-88.22 Million

Industry Comparison

This section compares Beijing Sanfo Outdoor Products Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

  • Industry: Specialty Retail
  • Average net assets among peers: $2,564,477,256
  • Average return on equity (ROE) among peers: 13.78%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Sanfo Outdoor Products Co Ltd (002780) CN¥640.31 Million 27.57% 0.82x $257.90 Million
Suning Commerce Group Co Ltd (002024) $4.83 Billion 30.35% 2.36x $649.12 Million
Haining China Leather Market Co Ltd (002344) $7.19 Billion 7.65% 0.83x $370.32 Million
Zhejiang Aishida Electric Co Ltd (002403) $186.69 Million 25.29% 5.80x $199.80 Million
Shenzhen Aisidi Co Ltd (002416) $5.11 Billion -1.81% 1.01x $1.16 Billion
Doctorglasses Chain Co Ltd (300622) $197.00 Million 15.71% 0.23x $504.33 Million
BYBON Group Co Ltd Class A (300736) $160.46 Million 4.06% 0.49x $243.36 Million
Kidswant Children Products Co.Ltd. (301078) $1.70 Billion 22.21% 1.56x $977.44 Million
Hangzhou Tianyuan Pet Products Co. Ltd. A (301335) $1.91 Billion 6.75% 0.23x $169.32 Million
Ziel Home Furnishing Technology Co. Ltd. A (301376) $1.81 Billion 13.84% 0.92x $190.95 Million