Beijing Sanfo Outdoor Products Co Ltd (002780) - Net Assets
Based on the latest financial reports, Beijing Sanfo Outdoor Products Co Ltd (002780) has net assets worth CN¥767.73 Million CNY (≈ $112.34 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¥1.21 Billion ≈ $177.67 Million USD) and total liabilities (CN¥446.41 Million ≈ $65.32 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 Beijing Sanfo Outdoor Products Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥767.73 Million |
| % of Total Assets | 63.23% |
| Annual Growth Rate | 13.71% |
| 5-Year Change | 3.0% |
| 10-Year Change | 88.24% |
| Growth Volatility | 26.05 |
Beijing Sanfo Outdoor Products Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Beijing Sanfo Outdoor Products Co Ltd's net assets have evolved over time, based on quarterly financial data. See Beijing Sanfo Outdoor Products Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing Sanfo Outdoor Products Co Ltd (2011–2025)
The table below shows the annual net assets of Beijing Sanfo Outdoor Products Co Ltd from 2011 to 2025. For live valuation and market cap data, see how much is Beijing Sanfo Outdoor Products Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥737.81 Million ≈ $107.97 Million |
+18.66% |
| 2024-12-31 | CN¥621.78 Million ≈ $90.99 Million |
-12.06% |
| 2023-12-31 | CN¥707.02 Million ≈ $103.46 Million |
+3.42% |
| 2022-12-31 | CN¥683.65 Million ≈ $100.04 Million |
-4.56% |
| 2021-12-31 | CN¥716.32 Million ≈ $104.82 Million |
+29.48% |
| 2020-12-31 | CN¥553.21 Million ≈ $80.95 Million |
-9.95% |
| 2019-12-31 | CN¥614.30 Million ≈ $89.89 Million |
-3.86% |
| 2018-12-31 | CN¥638.95 Million ≈ $93.50 Million |
+0.64% |
| 2017-12-31 | CN¥634.91 Million ≈ $92.91 Million |
+61.99% |
| 2016-12-31 | CN¥391.95 Million ≈ $57.35 Million |
+8.81% |
| 2015-12-31 | CN¥360.21 Million ≈ $52.71 Million |
+82.21% |
| 2014-12-31 | CN¥197.69 Million ≈ $28.93 Million |
+10.48% |
| 2013-12-31 | CN¥178.94 Million ≈ $26.18 Million |
+19.41% |
| 2012-12-31 | CN¥149.85 Million ≈ $21.93 Million |
+22.76% |
| 2011-12-31 | CN¥122.07 Million ≈ $17.86 Million |
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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 grown by 49.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥48.26 Million | 6.11% |
| Other Components | CN¥741.78 Million | 93.89% |
| Total Equity | CN¥790.04 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.
| Company | Market Cap |
|---|---|
|
Myer Holdings Ltd
AU:MYR
|
$324.52 Million |
|
Northern Superior Resources Inc
V:SUP
|
$324.53 Million |
|
Greenwich Lifesciences Inc
NASDAQ:GLSI
|
$324.54 Million |
|
Grupo Empresas Navieras SA
SN:NAVIERA
|
$324.56 Million |
|
Sky Harbour Group Corporation
NYSE:SKYH
|
$324.47 Million |
|
Crawford & Company
NYSE:CRD-A
|
$324.46 Million |
|
Andes Technology Corp
TW:6533
|
$324.41 Million |
|
Kalekim Kimyevi Maddeler Sanayi & Ticaret AS
IS:KLKIM
|
$324.33 Million |
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 2024 to 2025, total equity changed from 667,275,354 to 790,040,054, a change of 122,764,700 (18.4%).
- Net income of 53,351,192 contributed positively to equity growth.
- Dividend payments of 8,248,376 reduced retained earnings.
- Other comprehensive income decreased equity by 20,313,556.
- Other factors increased equity by 97,975,440.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥53.35 Million | +6.75% |
| Dividends Paid | CN¥8.25 Million | -1.04% |
| Other Comprehensive Income | CN¥-20.31 Million | -2.57% |
| Other Changes | CN¥97.98 Million | +12.4% |
| Total Change | CN¥- | 18.40% |
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: 2.81x
- 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 10.76x to 2.81x 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¥13.41 | x |
| 2012-12-31 | CN¥1.55 | CN¥13.41 | x |
| 2013-12-31 | CN¥1.83 | CN¥13.41 | x |
| 2014-12-31 | CN¥2.04 | CN¥13.41 | x |
| 2015-12-31 | CN¥3.72 | CN¥13.41 | x |
| 2016-12-31 | CN¥2.96 | CN¥13.41 | x |
| 2017-12-31 | CN¥4.92 | CN¥13.41 | x |
| 2018-12-31 | CN¥3.91 | CN¥13.41 | x |
| 2019-12-31 | CN¥3.98 | CN¥13.41 | x |
| 2020-12-31 | CN¥3.62 | CN¥13.41 | x |
| 2021-12-31 | CN¥4.72 | CN¥13.41 | x |
| 2022-12-31 | CN¥4.15 | CN¥13.41 | x |
| 2023-12-31 | CN¥4.34 | CN¥13.41 | x |
| 2024-12-31 | CN¥4.35 | CN¥13.41 | x |
| 2025-12-31 | CN¥4.78 | CN¥13.41 | 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): 6.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.58%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.55x
- Recent ROE (6.75%) is above the historical average (5.15%), indicating improving 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 | -5.02% | -7.39% | 0.48x | 1.40x | CN¥-88.95 Million |
| 2020 | -12.43% | -14.00% | 0.58x | 1.52x | CN¥-118.13 Million |
| 2021 | -3.82% | -4.71% | 0.55x | 1.48x | CN¥-94.72 Million |
| 2022 | -5.05% | -5.86% | 0.53x | 1.64x | CN¥-98.11 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 |
| 2025 | 6.75% | 5.58% | 0.78x | 1.55x | CN¥-25.65 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: $1,716,276,542
- Average return on equity (ROE) among peers: 16.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Sanfo Outdoor Products Co Ltd (002780) | CN¥767.73 Million | 27.57% | 0.58x | $324.49 Million |
| Suning Commerce Group Co Ltd (002024) | $4.83 Billion | 30.35% | 2.36x | $1.71 Billion |
| Haining China Leather Market Co Ltd (002344) | $143.30 Million | 24.76% | 7.69x | $720.72 Million |
| Zhejiang Aishida Electric Co Ltd (002403) | $1.63 Billion | 0.92% | 1.93x | $500.46 Million |
| Shenzhen Aisidi Co Ltd (002416) | $4.48 Billion | 3.14% | 1.33x | $2.01 Billion |
| Doctorglasses Chain Co Ltd (300622) | $922.54 Million | 16.11% | 0.47x | $725.39 Million |
| BYBON Group Co Ltd Class A (300736) | $124.74 Million | -26.09% | 0.56x | $617.79 Million |
| Kidswant Children Products Co.Ltd. (301078) | $1.70 Billion | 22.21% | 1.56x | $1.45 Billion |
| Ziel Home Furnishing Technology Co. Ltd. A (301376) | $1.54 Billion | 15.57% | 1.22x | $932.29 Million |
| Jiangsu Holly Corp (600128) | $76.58 Million | 61.68% | 3.07x | $319.70 Million |
About Beijing Sanfo Outdoor Products Co Ltd
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.