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¥640.31 Million CNY (≈ $93.70 Million USD) 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 ≈ $170.24 Million USD) and total liabilities (CN¥523.04 Million ≈ $76.54 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 002780 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Beijing Sanfo Outdoor Products Co Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Beijing Sanfo Outdoor Products Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 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.
| Company | Market Cap |
|---|---|
|
Ananti Inc
KQ:025980
|
$387.03 Million |
|
Calfrac Well Services Ltd.
TO:CFW
|
$387.05 Million |
|
Niagen Bioscience, Inc.
NASDAQ:NAGE
|
$387.06 Million |
|
Alltek Technology Corp
TW:3209
|
$387.12 Million |
|
ABG Sundal Collier Holding ASA
OL:ABG
|
$386.68 Million |
|
ALTYNGOLD PLC LS -10
F:FPP0
|
$386.66 Million |
|
Australian Finance Group Ltd
AU:AFG
|
$386.50 Million |
|
Nerdwallet Inc
NASDAQ:NRDS
|
$386.45 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 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: 3.86x
- 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 13.46x to 3.86x 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¥16.77 | x |
| 2012-12-31 | CN¥1.55 | CN¥16.77 | x |
| 2013-12-31 | CN¥1.83 | CN¥16.77 | x |
| 2014-12-31 | CN¥2.04 | CN¥16.77 | x |
| 2015-12-31 | CN¥3.72 | CN¥16.77 | x |
| 2016-12-31 | CN¥4.43 | CN¥16.77 | x |
| 2017-12-31 | CN¥4.92 | CN¥16.77 | x |
| 2018-12-31 | CN¥5.08 | CN¥16.77 | x |
| 2019-12-31 | CN¥4.07 | CN¥16.77 | x |
| 2020-12-31 | CN¥3.62 | CN¥16.77 | x |
| 2021-12-31 | CN¥4.72 | CN¥16.77 | x |
| 2022-12-31 | CN¥4.12 | CN¥16.77 | x |
| 2023-12-31 | CN¥4.34 | CN¥16.77 | x |
| 2024-12-31 | CN¥4.35 | CN¥16.77 | 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: $2,677,654,337
- Average return on equity (ROE) among peers: 8.68%
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 | $386.72 Million |
| Suning Commerce Group Co Ltd (002024) | $1.24 Billion | 28.32% | 2.49x | $1.82 Billion |
| Haining China Leather Market Co Ltd (002344) | $8.15 Billion | 4.02% | 0.46x | $840.84 Million |
| Zhejiang Aishida Electric Co Ltd (002403) | $1.64 Billion | -23.02% | 1.86x | $550.30 Million |
| Shenzhen Aisidi Co Ltd (002416) | $6.06 Billion | 15.22% | 1.53x | $2.50 Billion |
| Doctorglasses Chain Co Ltd (300622) | $197.00 Million | 15.71% | 0.23x | $826.22 Million |
| BYBON Group Co Ltd Class A (300736) | $96.69 Million | 16.73% | 1.04x | $516.69 Million |
| Kidswant Children Products Co.Ltd. (301078) | $3.30 Billion | 3.19% | 1.91x | $1.63 Billion |
| Ziel Home Furnishing Technology Co. Ltd. A (301376) | $1.81 Billion | 13.84% | 0.92x | $980.58 Million |
| Jiangsu Holly Corp (600128) | $1.61 Billion | 4.11% | 0.78x | $390.78 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.