Xiamen Wanli Stone Stock Co Ltd Net Assets
Xiamen Wanli Stone Stock Co Ltd net assets. Based on the latest financial reports, Xiamen Wanli Stone Stock Co Ltd (002785) has net assets worth CN¥822.60 Million CNY (≈ $120.37 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¥1.46 Billion ≈ $213.16 Million USD) and total liabilities (CN¥634.07 Million ≈ $92.78 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. Also explore net asset growth rate of Xiamen Wanli Stone Stock Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥822.60 Million |
| % of Total Assets | 56.47% |
| Annual Growth Rate | 4.33% |
| 5-Year Change | 31.43% |
| 10-Year Change | 20.49% |
| Growth Volatility | 18.0 |
Net Assets of Xiamen Wanli Stone Stock Co Ltd (2011–2025)
Net assets of Xiamen Wanli Stone Stock Co Ltd from 2011 to 2025. This chart illustrates how Xiamen Wanli Stone Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. See Xiamen Wanli Stone Stock Co Ltd (002785) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Xiamen Wanli Stone Stock Co Ltd (2011–2025)
The table below shows the annual net assets of Xiamen Wanli Stone Stock Co Ltd from 2011 to 2025. For live market cap and overall valuation, see Xiamen Wanli Stone Stock Co Ltd (002785) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥828.36 Million ≈ $121.22 Million |
-11.90% |
| 2024-12-31 | CN¥940.29 Million ≈ $137.59 Million |
-8.04% |
| 2023-12-31 | CN¥1.02 Billion ≈ $149.62 Million |
+64.32% |
| 2022-12-31 | CN¥622.27 Million ≈ $91.06 Million |
-1.27% |
| 2021-12-31 | CN¥630.26 Million ≈ $92.23 Million |
-4.45% |
| 2020-12-31 | CN¥659.63 Million ≈ $96.52 Million |
+1.06% |
| 2019-12-31 | CN¥652.73 Million ≈ $95.51 Million |
-5.62% |
| 2018-12-31 | CN¥691.61 Million ≈ $101.20 Million |
+1.67% |
| 2017-12-31 | CN¥680.26 Million ≈ $99.54 Million |
-1.05% |
| 2016-12-31 | CN¥687.47 Million ≈ $100.60 Million |
+4.83% |
| 2015-12-31 | CN¥655.80 Million ≈ $95.96 Million |
+20.87% |
| 2014-12-31 | CN¥542.56 Million ≈ $79.39 Million |
+3.57% |
| 2013-12-31 | CN¥523.86 Million ≈ $76.66 Million |
+7.86% |
| 2012-12-31 | CN¥485.70 Million ≈ $71.07 Million |
+6.21% |
| 2011-12-31 | CN¥457.30 Million ≈ $66.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xiamen Wanli Stone Stock 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 91.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Xiamen Wanli Stone Stock Co Ltd Net Assets Breakdown (December 2025)
Xiamen Wanli Stone Stock Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥12.37 Million | 1.55% |
| Other Components | CN¥784.91 Million | 98.45% |
| Total Equity | CN¥797.28 Million | 100.00% |
Xiamen Wanli Stone Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Xiamen Wanli Stone Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BTS Group Holdings Public Company Limited
BK:BTS
|
$912.97 Million |
|
Zhejiang Huangma Technology Co Ltd
SHG:603181
|
$913.14 Million |
|
Pharming Group NV
NASDAQ:PHAR
|
$913.18 Million |
|
Nexwise Intelligence China Limited
SHE:301248
|
$913.62 Million |
|
Selcuk Ecza Deposu Ticaret ve Sanayi AS
IS:SELEC
|
$912.42 Million |
|
Guotai Epoint Software Co Ltd
SHG:688232
|
$911.70 Million |
|
Changjiang & Jinggong Steel Building Group Co Ltd
SHG:600496
|
$911.51 Million |
|
AnShan Heavy Duty Mining Machinery Co Ltd
SHE:002667
|
$911.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Wanli Stone Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 888,547,130 to 797,275,641, a change of -91,271,489 (-10.3%).
- Net loss of 81,979,268 reduced equity.
- Dividend payments of 9,086,652 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-81.98 Million | -10.28% |
| Dividends Paid | CN¥9.09 Million | -1.14% |
| Other Changes | CN¥-205.57K | -0.03% |
| Total Change | CN¥- | -10.27% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Wanli Stone Stock 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: 7.83x
- 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 9.79x to 7.83x 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¥2.81 | CN¥27.53 | x |
| 2012-12-31 | CN¥3.13 | CN¥27.53 | x |
| 2013-12-31 | CN¥3.29 | CN¥27.53 | x |
| 2014-12-31 | CN¥3.59 | CN¥27.53 | x |
| 2015-12-31 | CN¥4.18 | CN¥27.53 | x |
| 2016-12-31 | CN¥3.39 | CN¥27.53 | x |
| 2017-12-31 | CN¥2.99 | CN¥27.53 | x |
| 2018-12-31 | CN¥3.20 | CN¥27.53 | x |
| 2019-12-31 | CN¥3.09 | CN¥27.53 | x |
| 2020-12-31 | CN¥3.13 | CN¥27.53 | x |
| 2021-12-31 | CN¥3.00 | CN¥27.53 | x |
| 2022-12-31 | CN¥2.96 | CN¥27.53 | x |
| 2023-12-31 | CN¥4.63 | CN¥27.53 | x |
| 2024-12-31 | CN¥3.92 | CN¥27.53 | x |
| 2025-12-31 | CN¥3.52 | CN¥27.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Wanli Stone Stock 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): -10.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.40%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.92x
- Recent ROE (-10.28%) is below the historical average (0.43%), 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 | 12.45% | 6.34% | 0.98x | 2.00x | CN¥10.47 Million |
| 2012 | 7.35% | 4.32% | 0.89x | 1.91x | CN¥-12.19 Million |
| 2013 | 7.61% | 4.93% | 0.82x | 1.88x | CN¥-11.86 Million |
| 2014 | 3.90% | 3.22% | 0.67x | 1.80x | CN¥-31.75 Million |
| 2015 | 3.35% | 3.28% | 0.59x | 1.74x | CN¥-41.82 Million |
| 2016 | 3.54% | 2.64% | 0.72x | 1.87x | CN¥-42.05 Million |
| 2017 | -1.00% | -0.70% | 0.72x | 1.99x | CN¥-70.61 Million |
| 2018 | 1.56% | 0.89% | 0.84x | 2.10x | CN¥-55.20 Million |
| 2019 | -5.66% | -3.43% | 0.79x | 2.09x | CN¥-96.90 Million |
| 2020 | 1.93% | 1.27% | 0.72x | 2.10x | CN¥-50.46 Million |
| 2021 | -3.85% | -2.00% | 0.85x | 2.25x | CN¥-83.07 Million |
| 2022 | -4.57% | -2.07% | 0.96x | 2.30x | CN¥-86.28 Million |
| 2023 | -3.69% | -2.79% | 0.76x | 1.74x | CN¥-131.49 Million |
| 2024 | -6.13% | -4.26% | 0.78x | 1.84x | CN¥-143.30 Million |
| 2025 | -10.28% | -7.40% | 0.73x | 1.92x | CN¥-161.71 Million |
Industry Comparison
This section compares Xiamen Wanli Stone Stock Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $939,800,196
- Average return on equity (ROE) among peers: 4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Wanli Stone Stock Co Ltd (002785) | CN¥822.60 Million | 12.45% | 0.77x | $912.94 Million |
| China Fangda Group Co Ltd (000055) | $714.41 Million | 6.17% | 1.08x | $341.16 Million |
| Huasu Holdings Co Ltd (000509) | $297.83 Million | -16.27% | 0.60x | $497.79 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $2.55 Billion | 5.48% | 0.71x | $291.80 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $789.68 Million | 8.12% | 0.39x | $4.32 Billion |
| Yantai Moon Co Ltd (000811) | $197.50 Million | 13.59% | 1.25x | $3.34 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $399.21 Million | 0.75% | 1.66x | $272.05 Million |
| Shandong Luyang Share Co Ltd (002088) | $1.21 Billion | 9.68% | 0.30x | $625.47 Million |
| Everjoy Health Group Co Ltd (002162) | $897.72 Million | 3.73% | 1.05x | $489.88 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $1.02 Billion | 0.41% | 2.50x | $279.29 Million |
| Puyang Refractories Group Co Ltd (002225) | $1.33 Billion | 8.71% | 1.18x | $532.65 Million |
About Xiamen Wanli Stone Stock Co Ltd
Xiamen Wanli Stone Stock Co.,Ltd engages in the design, processing, sales, and engineering construction of architectural decorative stone and landscape stone. The company offers slab, cut-to-size, countertop, vanity top, windowsill, wall cladding, special shaped stone, garden and landscaping stone, sculpture, monument, slate, prefabricate, mosaic, sink, quartz, granite and marble tile, and faucet… Read more