Fiyta Holdings Ltd
FIYTA Precision Technology Co., Ltd., together with its subsidiaries, engages in the research and development, design, manufacture, sale, retail, and service of watches under the FIYTA, MOONYANG, JONAS&VERUS, Emile Chouriet, Beijing, and Jeep brands in China. The company designs and manufactures high-precision clock and watch spares and accessories; and production, machining, and technical develo… Read more
Fiyta Holdings Ltd (200026) - Net Assets
Latest net assets as of June 2025: HK$3.33 Billion HKD
Based on the latest financial reports, Fiyta Holdings Ltd (200026) has net assets worth HK$3.33 Billion HKD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$3.88 Billion) and total liabilities (HK$545.08 Million). 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 | HK$3.33 Billion |
| % of Total Assets | 85.95% |
| Annual Growth Rate | 4.4% |
| 5-Year Change | 21.14% |
| 10-Year Change | N/A |
| Growth Volatility | 1.68 |
Fiyta Holdings Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Fiyta Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fiyta Holdings Ltd (2015–2024)
The table below shows the annual net assets of Fiyta Holdings Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$3.39 Billion | +1.74% |
| 2023-12-31 | HK$3.33 Billion | +6.29% |
| 2022-12-31 | HK$3.14 Billion | +4.09% |
| 2021-12-31 | HK$3.01 Billion | +7.62% |
| 2020-12-31 | HK$2.80 Billion | +5.48% |
| 2019-12-31 | HK$2.65 Billion | +3.28% |
| 2018-12-31 | HK$2.57 Billion | +4.14% |
| 2017-12-31 | HK$2.47 Billion | +3.92% |
| 2016-12-31 | HK$2.37 Billion | +3.13% |
| 2015-12-31 | HK$2.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fiyta Holdings 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 116.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$1.77 Billion | 52.11% |
| Other Components | HK$1.62 Billion | 47.89% |
| Total Equity | HK$3.39 Billion | 100.00% |
Fiyta Holdings Ltd Competitors by Market Cap
The table below lists competitors of Fiyta Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
San Yang Ma (Chongqing) Logistics Co.Ltd.
SHE:001317
|
$210.32 Million |
|
Beijing Hanjian Heshan Pipeline Co Ltd
SHG:603616
|
$210.37 Million |
|
Shanghai Aiyingshi Co Ltd
SHG:603214
|
$210.58 Million |
|
NIPPON DENKO CO.LTD
F:NJ5
|
$210.66 Million |
|
Dexus Convenience Retail REIT
AU:DXC
|
$210.31 Million |
|
TRANSRAILL
NSE:TRANSRAILL
|
$210.19 Million |
|
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
|
$210.13 Million |
|
Jiangsu Feiliks Intl Logistics
SHE:300240
|
$210.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fiyta Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,333,805,752 to 3,391,843,201, a change of 58,037,448 (1.7%).
- Net income of 220,350,185 contributed positively to equity growth.
- Dividend payments of 168,545,614 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$220.35 Million | +6.5% |
| Dividends Paid | HK$168.55 Million | -4.97% |
| Other Changes | HK$6.23 Million | +0.18% |
| Total Change | HK$- | 1.74% |
Book Value vs Market Value Analysis
This analysis compares Fiyta Holdings 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: 0.83x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.24x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | HK$5.63 | HK$6.96 | x |
| 2018-12-31 | HK$5.86 | HK$6.96 | x |
| 2019-12-31 | HK$5.99 | HK$6.96 | x |
| 2020-12-31 | HK$6.54 | HK$6.96 | x |
| 2021-12-31 | HK$7.07 | HK$6.96 | x |
| 2022-12-31 | HK$7.51 | HK$6.96 | x |
| 2023-12-31 | HK$8.03 | HK$6.96 | x |
| 2024-12-31 | HK$8.36 | HK$6.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fiyta Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.59%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.18x
- Recent ROE (6.50%) is below the historical average (7.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.29% | 3.85% | 0.74x | 1.85x | HK$-108.22 Million |
| 2016 | 4.67% | 3.70% | 0.75x | 1.69x | HK$-126.47 Million |
| 2017 | 5.68% | 4.19% | 0.93x | 1.45x | HK$-106.58 Million |
| 2018 | 7.15% | 5.41% | 0.94x | 1.40x | HK$-73.18 Million |
| 2019 | 8.13% | 5.83% | 0.98x | 1.42x | HK$-49.54 Million |
| 2020 | 10.50% | 6.93% | 1.06x | 1.44x | HK$14.12 Million |
| 2021 | 12.87% | 7.40% | 1.28x | 1.36x | HK$86.52 Million |
| 2022 | 8.50% | 6.12% | 1.06x | 1.31x | HK$-46.96 Million |
| 2023 | 9.99% | 7.29% | 1.09x | 1.26x | HK$-202.47K |
| 2024 | 6.50% | 5.59% | 0.98x | 1.18x | HK$-118.83 Million |
Industry Comparison
This section compares Fiyta Holdings Ltd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $1,517,773,017
- Average return on equity (ROE) among peers: 14.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fiyta Holdings Ltd (200026) | HK$3.33 Billion | 5.29% | 0.16x | $210.32 Million |
| Innovative Medical Management Co Ltd (002173) | $134.18 Million | 19.54% | 1.80x | $1.16 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.57 Billion | 9.94% | 0.70x | $752.53 Million |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.13 Billion | 0.58% | 1.25x | $194.85 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $2.05 Billion | 32.41% | 0.07x | $615.93 Million |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $1.23 Billion | 2.34% | 1.89x | $148.12 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $1.15 Billion | 21.28% | 0.65x | $625.45 Million |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.90 Billion | 7.20% | 0.37x | $117.48 Million |
| MCLON JEWELLERY Co.Ltd. (300945) | $538.90 Million | 11.81% | 0.15x | $303.73 Million |
| Henan Liliang Diamond Co. Ltd. (301071) | $958.32 Million | 25.00% | 0.49x | $761.89 Million |