Foryou Corp

SHE:002906 China Auto Parts
Market Cap
$2.15 Billion
CN¥15.75 Billion CNY
Market Cap Rank
#7261 Global
#1219 in China
Share Price
CN¥30.01
Change (1 day)
-0.86%
52-Week Range
CN¥27.30 - CN¥36.21
All Time High
CN¥62.07
Categories
Companies in China Auto Parts
About

Foryou Corporation, together with its subsidiaries, engages in the automotive electronics, precision die casting, precision electronic components, and LED lighting businesses in China and internationally. It offers in-vehicle infotainment, digital cluster, heads up display, digital rearview mirror, cockpit domain controller, climate controller, wireless charger, around view monitoring, auto parki… Read more

Foryou Corp (002906) - Net Assets

Latest net assets as of September 2025: CN¥6.81 Billion CNY

Based on the latest financial reports, Foryou Corp (002906) has net assets worth CN¥6.81 Billion 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¥13.20 Billion) and total liabilities (CN¥6.39 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¥6.81 Billion
% of Total Assets 51.6%
Annual Growth Rate 10.91%
5-Year Change 81.06%
10-Year Change 194.49%
Growth Volatility 15.21

Foryou Corp - Net Assets Trend (2012–2024)

This chart illustrates how Foryou Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Foryou Corp (2012–2024)

The table below shows the annual net assets of Foryou Corp from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.49 Billion +8.04%
2023-12-31 CN¥6.01 Billion +42.47%
2022-12-31 CN¥4.22 Billion +8.18%
2021-12-31 CN¥3.90 Billion +8.73%
2020-12-31 CN¥3.58 Billion +4.11%
2019-12-31 CN¥3.44 Billion +1.17%
2018-12-31 CN¥3.40 Billion -2.67%
2017-12-31 CN¥3.50 Billion +47.11%
2016-12-31 CN¥2.38 Billion +7.86%
2015-12-31 CN¥2.20 Billion +2.96%
2014-12-31 CN¥2.14 Billion +3.01%
2013-12-31 CN¥2.08 Billion +10.92%
2012-12-31 CN¥1.87 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Foryou Corp'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 96.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.34 Billion 51.69%
Common Stock CN¥524.83 Million 8.13%
Other Comprehensive Income CN¥286.60 Million 4.44%
Other Components CN¥2.31 Billion 35.74%
Total Equity CN¥6.46 Billion 100.00%

Foryou Corp Competitors by Market Cap

The table below lists competitors of Foryou Corp ranked by their market capitalization.

Company Market Cap
Grupo Elektra S.A.B. de C.V
MX:ELEKTRA
 		$1.01 Billion
Ningbo Xusheng Auto Technology Co Ltd
SHG:603305
 		$1.01 Billion
Dashenlin Pharm Grp Co Ltd
SHG:603233
 		$1.01 Billion
Takeuchi Mfg. Co., Ltd.
OTCGREY:TKUGF
 		$1.01 Billion
Koninklijke BAM Groep nv
PINK:KBAGF
 		$1.01 Billion
REYNOLDS CONS.PROD.DL-001
F:3ZT
 		$1.01 Billion
Centerspace
NYSE:CSR
 		$1.01 Billion
Xinjiang Joinworld Co Ltd
SHG:600888
 		$1.01 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Foryou Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,979,230,993 to 6,457,446,449, a change of 478,215,456 (8.0%).
  • Net income of 651,364,946 contributed positively to equity growth.
  • Dividend payments of 188,292,544 reduced retained earnings.
  • Other comprehensive income increased equity by 14,920,362.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥651.36 Million +10.09%
Dividends Paid CN¥188.29 Million -2.92%
Other Comprehensive Income CN¥14.92 Million +0.23%
Other Changes CN¥222.69K +0.0%
Total Change CN¥- 8.00%

Book Value vs Market Value Analysis

This analysis compares Foryou Corp'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: 2.44x
  • 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 6.50x to 2.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥4.62 CN¥30.01 x
2013-12-31 CN¥5.13 CN¥30.01 x
2014-12-31 CN¥5.36 CN¥30.01 x
2015-12-31 CN¥5.45 CN¥30.01 x
2016-12-31 CN¥5.95 CN¥30.01 x
2017-12-31 CN¥8.49 CN¥30.01 x
2018-12-31 CN¥8.18 CN¥30.01 x
2019-12-31 CN¥7.32 CN¥30.01 x
2020-12-31 CN¥7.52 CN¥30.01 x
2021-12-31 CN¥7.92 CN¥30.01 x
2022-12-31 CN¥8.71 CN¥30.01 x
2023-12-31 CN¥12.09 CN¥30.01 x
2024-12-31 CN¥12.29 CN¥30.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Foryou Corp 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): 10.09%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.41%
  • • Asset Turnover: 0.83x
  • • Equity Multiplier: 1.89x
  • Recent ROE (10.09%) is above the historical average (8.69%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 15.37% 5.42% 1.54x 1.84x CN¥99.37 Million
2013 15.39% 6.10% 1.28x 1.97x CN¥110.75 Million
2014 11.19% 5.24% 1.18x 1.81x CN¥25.41 Million
2015 8.25% 4.37% 1.12x 1.69x CN¥-38.39 Million
2016 12.43% 6.95% 1.03x 1.73x CN¥57.75 Million
2017 8.01% 6.72% 0.87x 1.36x CN¥-69.42 Million
2018 0.49% 0.48% 0.76x 1.34x CN¥-323.45 Million
2019 2.16% 2.20% 0.72x 1.37x CN¥-269.61 Million
2020 5.05% 5.37% 0.68x 1.39x CN¥-177.29 Million
2021 7.70% 6.65% 0.74x 1.56x CN¥-89.22 Million
2022 9.07% 6.75% 0.81x 1.67x CN¥-38.84 Million
2023 7.77% 6.51% 0.76x 1.58x CN¥-133.11 Million
2024 10.09% 6.41% 0.83x 1.89x CN¥5.62 Million

Industry Comparison

This section compares Foryou Corp's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,751,605,266
  • Average return on equity (ROE) among peers: 3.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Foryou Corp (002906) CN¥6.81 Billion 15.37% 0.94x $1.01 Billion
FAWER Automotive Parts Ltd Co (000030) $-1.65 Million 0.00% 0.00x $362.53 Million
Wanxiang Qianchao Co Ltd (000559) $5.46 Billion 13.23% 1.21x $2.57 Billion
Gui Zhou Tyre Co Ltd (000589) $3.49 Billion -7.43% 2.21x $811.92 Million
Qingdao Doublestar Co Ltd (000599) $1.56 Billion 1.77% 2.12x $455.37 Million
Hengli Industrial Development Group Co Ltd (000622) $-104.62 Million 0.00% 0.00x $7.81 Million
Xiangyang Automobile Bearing Co Ltd (000678) $351.71 Million 3.10% 0.97x $643.46 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $2.38 Billion 4.32% 2.30x $956.75 Million
Sichuan Haowu Electromechanical Co Ltd (000757) $546.55 Million 2.75% 0.63x $234.35 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $13.03 Billion 9.60% 0.85x $2.06 Billion
Aerospace Hi-Tech Holding Group Co Ltd (000901) $805.42 Million 8.72% 0.32x $1.67 Billion