Foryou Corp (002906) - Net Assets

Latest as of March 2026: CN¥7.19 Billion CNY ≈ $1.05 Billion USD

Based on the latest financial reports, Foryou Corp (002906) has net assets worth CN¥7.19 Billion CNY (≈ $1.05 Billion 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¥14.75 Billion ≈ $2.16 Billion USD) and total liabilities (CN¥7.56 Billion ≈ $1.11 Billion 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 tangible equity quality of Foryou Corp to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥7.19 Billion
% of Total Assets	48.76%
Annual Growth Rate	10.71%
5-Year Change	80.46%
10-Year Change	195.9%
Growth Volatility	14.65

Foryou Corp - Net Assets Trend (2012–2025)

This chart illustrates how Foryou Corp's net assets have evolved over time, based on quarterly financial data. See Foryou Corp (002906) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Foryou Corp (2012–2025)

The table below shows the annual net assets of Foryou Corp from 2012 to 2025. For live valuation and market cap data, see Foryou Corp (002906) total market value.

Year	Net Assets	Change
2025-12-31	CN¥7.03 Billion ≈ $1.03 Billion	+8.38%
2024-12-31	CN¥6.49 Billion ≈ $949.63 Million	+8.04%
2023-12-31	CN¥6.01 Billion ≈ $878.96 Million	+42.47%
2022-12-31	CN¥4.22 Billion ≈ $616.95 Million	+8.18%
2021-12-31	CN¥3.90 Billion ≈ $570.30 Million	+8.73%
2020-12-31	CN¥3.58 Billion ≈ $524.49 Million	+4.11%
2019-12-31	CN¥3.44 Billion ≈ $503.80 Million	+1.17%
2018-12-31	CN¥3.40 Billion ≈ $497.99 Million	-2.67%
2017-12-31	CN¥3.50 Billion ≈ $511.66 Million	+47.11%
2016-12-31	CN¥2.38 Billion ≈ $347.81 Million	+7.86%
2015-12-31	CN¥2.20 Billion ≈ $322.46 Million	+2.96%
2014-12-31	CN¥2.14 Billion ≈ $313.20 Million	+3.01%
2013-12-31	CN¥2.08 Billion ≈ $304.04 Million	+10.92%
2012-12-31	CN¥1.87 Billion ≈ $274.09 Million	--

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 127.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.87 Billion	55.28%
Other Components	CN¥3.13 Billion	44.72%
Total Equity	CN¥7.00 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
Hangzhou Shunwang Tech SHE:300113	$2.02 Billion
China Marine Information Electronics Co Ltd SHG:600764	$2.02 Billion
Hyundai Elevator KO:017800	$2.02 Billion
Shanghai Liangxin Electrical Co Ltd SHE:002706	$2.02 Billion
Jonjee Hi-tech Industrial and Commercial Holding Co Ltd SHG:600872	$2.02 Billion
A10 Network NYSE:ATEN	$2.02 Billion
Uniti Group Inc. LSE:0LJB	$2.02 Billion
Ganzhou Yihao New Materials Co. Ltd. A SHE:301176	$2.02 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 2024 to 2025, total equity changed from 6,457,446,449 to 6,996,410,038, a change of 538,963,589 (8.3%).
Net income of 781,606,517 contributed positively to equity growth.
Dividend payments of 257,441,292 reduced retained earnings.
Other comprehensive income decreased equity by 286,602,593.
Other factors increased equity by 301,400,957.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥781.61 Million	+11.17%
Dividends Paid	CN¥257.44 Million	-3.68%
Other Comprehensive Income	CN¥-286.60 Million	-4.1%
Other Changes	CN¥301.40 Million	+4.31%
Total Change	CN¥-	8.35%

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: 1.97x
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 5.69x to 1.97x 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¥26.27	x
2013-12-31	CN¥5.13	CN¥26.27	x
2014-12-31	CN¥5.36	CN¥26.27	x
2015-12-31	CN¥5.45	CN¥26.27	x
2016-12-31	CN¥5.95	CN¥26.27	x
2017-12-31	CN¥8.49	CN¥26.27	x
2018-12-31	CN¥8.18	CN¥26.27	x
2019-12-31	CN¥7.32	CN¥26.27	x
2020-12-31	CN¥7.52	CN¥26.27	x
2021-12-31	CN¥7.92	CN¥26.27	x
2022-12-31	CN¥8.71	CN¥26.27	x
2023-12-31	CN¥12.09	CN¥26.27	x
2024-12-31	CN¥12.29	CN¥26.27	x
2025-12-31	CN¥13.33	CN¥26.27	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): 11.17%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.99%
• Asset Turnover: 0.91x
• Equity Multiplier: 2.06x
Recent ROE (11.17%) is above the historical average (8.87%), 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
2025	11.17%	5.99%	0.91x	2.06x	CN¥81.97 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: $3,421,590,511
Average return on equity (ROE) among peers: 7.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Foryou Corp (002906)	CN¥7.19 Billion	15.37%	1.05x	$2.02 Billion
FAWER Automotive Parts Ltd Co (000030)	$9.28 Billion	7.29%	0.94x	$1.07 Billion
Wanxiang Qianchao Co Ltd (000559)	$2.25 Billion	8.11%	1.30x	$6.69 Billion
Weifu High-Technology Group Co Ltd (000581)	$18.43 Billion	0.64%	0.55x	$2.08 Billion
Gui Zhou Tyre Co Ltd (000589)	$77.69 Million	26.52%	2.33x	$1.01 Billion
Qingdao Doublestar Co Ltd (000599)	$2.50 Billion	2.32%	1.02x	$1.58 Billion
Hengli Industrial Development Group Co Ltd (000622)	$135.45 Million	0.00%	0.93x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$530.98 Million	0.92%	1.48x	$675.92 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$1.20 Billion	6.30%	2.26x	$2.16 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$-736.34 Million	0.00%	0.00x	$294.66 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$537.43 Million	18.21%	0.61x	$4.31 Billion

About Foryou Corp

SHE:002906 China Auto Parts

Market Cap

$2.02 Billion

CN¥13.79 Billion CNY

Market Cap Rank

#6304 Global

#1336 in China

Share Price

CN¥26.27

Change (1 day)

+0.57%

52-Week Range

CN¥25.03 - CN¥34.90

All Time High

CN¥62.07