Fujian Nebula Electronics Co Ltd
Fujian Nebula Electronics Co., Ltd. engages in the research and development, production, sales, and battery testing services of lithium battery equipment, energy storage, and charging pile products in China and internationally. The company offers battery testing, such as cell testing systems, module testing system, PACK testing system, EOL test, battery test accessories and software, and general-… Read more
Fujian Nebula Electronics Co Ltd (300648) - Net Assets
Latest net assets as of September 2025: CN¥1.36 Billion CNY
Based on the latest financial reports, Fujian Nebula Electronics Co Ltd (300648) has net assets worth CN¥1.36 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¥2.70 Billion) and total liabilities (CN¥1.34 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¥1.36 Billion |
| % of Total Assets | 50.37% |
| Annual Growth Rate | 29.27% |
| 5-Year Change | 29.43% |
| 10-Year Change | 340.66% |
| Growth Volatility | 45.32 |
Fujian Nebula Electronics Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Fujian Nebula Electronics Co 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 Fujian Nebula Electronics Co Ltd (2012–2024)
The table below shows the annual net assets of Fujian Nebula Electronics Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥769.99 Million | -10.72% |
| 2023-12-31 | CN¥862.44 Million | -18.67% |
| 2022-12-31 | CN¥1.06 Billion | -1.17% |
| 2021-12-31 | CN¥1.07 Billion | +80.35% |
| 2020-12-31 | CN¥594.89 Million | +10.90% |
| 2019-12-31 | CN¥536.43 Million | +0.81% |
| 2018-12-31 | CN¥532.10 Million | +2.94% |
| 2017-12-31 | CN¥516.91 Million | +131.61% |
| 2016-12-31 | CN¥223.18 Million | +27.73% |
| 2015-12-31 | CN¥174.74 Million | +58.93% |
| 2014-12-31 | CN¥109.94 Million | +85.19% |
| 2013-12-31 | CN¥59.37 Million | +67.84% |
| 2012-12-31 | CN¥35.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Nebula Electronics 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 149.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥147.78 Million | 19.21% |
| Other Comprehensive Income | CN¥31.61 Million | 4.11% |
| Other Components | CN¥601.55 Million | 78.19% |
| Total Equity | CN¥769.31 Million | 100.00% |
Fujian Nebula Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Nebula Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CNA FIN. DL 2,50
F:CNH
|
$865.20 Million |
|
Yankershop Food Co Ltd
SHE:002847
|
$865.70 Million |
|
BIOCYTOGEN PHARMA. H YC1
F:I54
|
$865.76 Million |
|
Universal Insurance Holdings Inc
NYSE:UVE
|
$865.98 Million |
|
Jiangsu Yunyi Electric
SHE:300304
|
$864.80 Million |
|
Southside Bancshares, Inc.
NASDAQ:SBSI
|
$864.71 Million |
|
Aegis Logistics Limited
NSE:AEGISLOG
|
$864.67 Million |
|
Serena Energia S.A.
SA:SRNA3
|
$864.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Nebula Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 860,515,935 to 769,306,957, a change of -91,208,978 (-10.6%).
- Net loss of 82,448,793 reduced equity.
- Dividend payments of 27,433,448 reduced retained earnings.
- Other comprehensive income increased equity by 31,543,753.
- Other factors decreased equity by 12,870,490.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-82.45 Million | -10.72% |
| Dividends Paid | CN¥27.43 Million | -3.57% |
| Other Comprehensive Income | CN¥31.54 Million | +4.1% |
| Other Changes | CN¥-12.87 Million | -1.67% |
| Total Change | CN¥- | -10.60% |
Book Value vs Market Value Analysis
This analysis compares Fujian Nebula Electronics 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: 10.67x
- 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 146.60x to 10.67x 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¥0.38 | CN¥55.54 | x |
| 2013-12-31 | CN¥0.64 | CN¥55.54 | x |
| 2014-12-31 | CN¥1.20 | CN¥55.54 | x |
| 2015-12-31 | CN¥1.76 | CN¥55.54 | x |
| 2016-12-31 | CN¥2.19 | CN¥55.54 | x |
| 2017-12-31 | CN¥3.98 | CN¥55.54 | x |
| 2018-12-31 | CN¥3.92 | CN¥55.54 | x |
| 2019-12-31 | CN¥3.93 | CN¥55.54 | x |
| 2020-12-31 | CN¥4.34 | CN¥55.54 | x |
| 2021-12-31 | CN¥7.13 | CN¥55.54 | x |
| 2022-12-31 | CN¥7.03 | CN¥55.54 | x |
| 2023-12-31 | CN¥5.82 | CN¥55.54 | x |
| 2024-12-31 | CN¥5.21 | CN¥55.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Nebula Electronics 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): -10.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.56%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.73x
- Recent ROE (-10.72%) is below the historical average (11.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 52.03% | 38.19% | 1.00x | 1.36x | CN¥14.60 Million |
| 2013 | 36.13% | 35.57% | 0.79x | 1.28x | CN¥15.36 Million |
| 2014 | 16.98% | 23.43% | 0.49x | 1.49x | CN¥7.68 Million |
| 2015 | 17.03% | 21.08% | 0.53x | 1.52x | CN¥12.29 Million |
| 2016 | 22.82% | 22.40% | 0.58x | 1.76x | CN¥28.53 Million |
| 2017 | 12.12% | 20.29% | 0.48x | 1.26x | CN¥10.96 Million |
| 2018 | 3.87% | 6.78% | 0.43x | 1.33x | CN¥-32.52 Million |
| 2019 | 0.67% | 0.97% | 0.40x | 1.73x | CN¥-49.64 Million |
| 2020 | 9.70% | 9.91% | 0.47x | 2.06x | CN¥-1.76 Million |
| 2021 | 7.27% | 9.38% | 0.41x | 1.90x | CN¥-28.56 Million |
| 2022 | 0.86% | 0.71% | 0.50x | 2.40x | CN¥-96.65 Million |
| 2023 | -22.41% | -21.27% | 0.37x | 2.85x | CN¥-278.92 Million |
| 2024 | -10.72% | -7.56% | 0.52x | 2.73x | CN¥-159.38 Million |
Industry Comparison
This section compares Fujian Nebula Electronics Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Nebula Electronics Co Ltd (300648) | CN¥1.36 Billion | 52.03% | 0.99x | $864.80 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |