Zhangjiagang Furui Special Equip
Zhangjiagang Furui Special Equipment Co., Ltd. provides solutions to the LNG industry in China and internationally. The company's products include LNG liquefaction skid, marine loading arm, LNG marine loading arm, LNG truck loading skid, truck loading arm, gangway, quick release hook, cryogenic storage tank, cryogenic ISO tank container, cryogenic road tanker, LNG regasification station, LNG refu… Read more
Zhangjiagang Furui Special Equip (300228) - Net Assets
Latest net assets as of September 2025: CN¥2.54 Billion CNY
Based on the latest financial reports, Zhangjiagang Furui Special Equip (300228) has net assets worth CN¥2.54 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¥4.06 Billion) and total liabilities (CN¥1.52 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¥2.54 Billion |
| % of Total Assets | 62.6% |
| Annual Growth Rate | 20.83% |
| 5-Year Change | 63.39% |
| 10-Year Change | 17.53% |
| Growth Volatility | 54.04 |
Zhangjiagang Furui Special Equip - Net Assets Trend (2008–2024)
This chart illustrates how Zhangjiagang Furui Special Equip's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhangjiagang Furui Special Equip (2008–2024)
The table below shows the annual net assets of Zhangjiagang Furui Special Equip from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.38 Billion | +17.69% |
| 2023-12-31 | CN¥2.03 Billion | +15.32% |
| 2022-12-31 | CN¥1.76 Billion | -10.61% |
| 2021-12-31 | CN¥1.96 Billion | +34.68% |
| 2020-12-31 | CN¥1.46 Billion | +3.68% |
| 2019-12-31 | CN¥1.41 Billion | -23.31% |
| 2018-12-31 | CN¥1.83 Billion | -0.81% |
| 2017-12-31 | CN¥1.85 Billion | +3.43% |
| 2016-12-31 | CN¥1.79 Billion | -11.82% |
| 2015-12-31 | CN¥2.03 Billion | +64.57% |
| 2014-12-31 | CN¥1.23 Billion | +18.93% |
| 2013-12-31 | CN¥1.04 Billion | +39.48% |
| 2012-12-31 | CN¥742.87 Million | +15.52% |
| 2011-12-31 | CN¥643.04 Million | +220.19% |
| 2010-12-31 | CN¥200.83 Million | +30.92% |
| 2009-12-31 | CN¥153.40 Million | +32.84% |
| 2008-12-31 | CN¥115.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhangjiagang Furui Special Equip'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 1389.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥260.18 Million | 11.85% |
| Common Stock | CN¥585.86 Million | 26.69% |
| Other Components | CN¥1.35 Billion | 61.46% |
| Total Equity | CN¥2.19 Billion | 100.00% |
Zhangjiagang Furui Special Equip Competitors by Market Cap
The table below lists competitors of Zhangjiagang Furui Special Equip ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIRLASOFT LIMITED
NSE:BSOFT
|
$692.71 Million |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
$692.82 Million |
|
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047
|
$693.11 Million |
|
Leopalace21 Corporation
F:MQI
|
$693.13 Million |
|
Scholastic Corporation
NASDAQ:SCHL
|
$692.35 Million |
|
PORR AG
VI:POS
|
$692.13 Million |
|
Global Top E Commerce Co Ltd
SHE:002640
|
$691.85 Million |
|
Fujian Furi Electronics Co Ltd
SHG:600203
|
$691.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhangjiagang Furui Special Equip's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,899,175,047 to 2,194,998,326, a change of 295,823,279 (15.6%).
- Net income of 219,215,799 contributed positively to equity growth.
- Dividend payments of 33,101,511 reduced retained earnings.
- Other factors increased equity by 109,708,991.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥219.22 Million | +9.99% |
| Dividends Paid | CN¥33.10 Million | -1.51% |
| Other Changes | CN¥109.71 Million | +5.0% |
| Total Change | CN¥- | 15.58% |
Book Value vs Market Value Analysis
This analysis compares Zhangjiagang Furui Special Equip'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: 2.70x
- 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 29.10x to 2.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.34 | CN¥10.00 | x |
| 2009-12-31 | CN¥0.46 | CN¥10.00 | x |
| 2010-12-31 | CN¥0.60 | CN¥10.00 | x |
| 2011-12-31 | CN¥1.68 | CN¥10.00 | x |
| 2012-12-31 | CN¥1.71 | CN¥10.00 | x |
| 2013-12-31 | CN¥2.35 | CN¥10.00 | x |
| 2014-12-31 | CN¥2.82 | CN¥10.00 | x |
| 2015-12-31 | CN¥4.91 | CN¥10.00 | x |
| 2016-12-31 | CN¥3.64 | CN¥10.00 | x |
| 2017-12-31 | CN¥3.88 | CN¥10.00 | x |
| 2018-12-31 | CN¥4.24 | CN¥10.00 | x |
| 2019-12-31 | CN¥2.99 | CN¥10.00 | x |
| 2020-12-31 | CN¥3.10 | CN¥10.00 | x |
| 2021-12-31 | CN¥3.41 | CN¥10.00 | x |
| 2022-12-31 | CN¥3.00 | CN¥10.00 | x |
| 2023-12-31 | CN¥3.23 | CN¥10.00 | x |
| 2024-12-31 | CN¥3.71 | CN¥10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhangjiagang Furui Special Equip 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): 9.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.60%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.85x
- Recent ROE (9.99%) is above the historical average (6.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 22.28% | 6.05% | 1.05x | 3.51x | CN¥13.32 Million |
| 2009 | 25.04% | 9.57% | 0.87x | 3.00x | CN¥22.04 Million |
| 2010 | 23.61% | 9.81% | 0.65x | 3.68x | CN¥26.11 Million |
| 2011 | 11.18% | 8.72% | 0.59x | 2.16x | CN¥7.40 Million |
| 2012 | 15.36% | 9.14% | 0.59x | 2.85x | CN¥39.73 Million |
| 2013 | 22.60% | 11.39% | 0.67x | 2.94x | CN¥130.33 Million |
| 2014 | 17.73% | 10.88% | 0.61x | 2.66x | CN¥95.00 Million |
| 2015 | 0.82% | 1.26% | 0.34x | 1.92x | CN¥-184.44 Million |
| 2016 | -17.29% | -33.69% | 0.23x | 2.27x | CN¥-471.35 Million |
| 2017 | 2.83% | 2.92% | 0.42x | 2.33x | CN¥-129.15 Million |
| 2018 | 0.71% | 0.89% | 0.37x | 2.16x | CN¥-168.49 Million |
| 2019 | -23.08% | -20.76% | 0.45x | 2.47x | CN¥-468.24 Million |
| 2020 | 4.88% | 3.95% | 0.51x | 2.42x | CN¥-74.90 Million |
| 2021 | 2.15% | 2.66% | 0.45x | 1.80x | CN¥-154.23 Million |
| 2022 | -12.92% | -13.92% | 0.42x | 2.19x | CN¥-396.37 Million |
| 2023 | 7.75% | 4.84% | 0.71x | 2.24x | CN¥-42.81 Million |
| 2024 | 9.99% | 6.60% | 0.82x | 1.85x | CN¥-284.03K |
Industry Comparison
This section compares Zhangjiagang Furui Special Equip's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhangjiagang Furui Special Equip (300228) | CN¥2.54 Billion | 22.28% | 0.60x | $692.46 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |