Guangdong Feinan Resources Recycling Co Ltd (301500) - Net Assets
Based on the latest financial reports, Guangdong Feinan Resources Recycling Co Ltd (301500) has net assets worth CN¥4.89 Billion CNY (≈ $715.36 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.73 Billion ≈ $1.86 Billion USD) and total liabilities (CN¥7.84 Billion ≈ $1.15 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 financial resilience of Guangdong Feinan Resources Recycling Co to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.89 Billion |
| % of Total Assets | 38.4% |
| Annual Growth Rate | 13.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.97 |
Guangdong Feinan Resources Recycling Co Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Guangdong Feinan Resources Recycling Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Feinan Resources Recycling Co asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Feinan Resources Recycling Co Ltd (2021–2024)
The table below shows the annual net assets of Guangdong Feinan Resources Recycling Co Ltd from 2021 to 2024. For live valuation and market cap data, see market cap of Guangdong Feinan Resources Recycling Co .
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.75 Billion ≈ $694.51 Million |
+4.02% |
| 2023-12-31 | CN¥4.56 Billion ≈ $667.66 Million |
+31.17% |
| 2022-12-31 | CN¥3.48 Billion ≈ $509.01 Million |
+8.00% |
| 2021-12-31 | CN¥3.22 Billion ≈ $471.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Feinan Resources Recycling 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 grown by 29.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.18 Billion | 48.25% |
| Other Components | CN¥2.34 Billion | 51.75% |
| Total Equity | CN¥4.52 Billion | 100.00% |
Guangdong Feinan Resources Recycling Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Feinan Resources Recycling Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inventrust Properties Corp
NYSE:IVT
|
$2.40 Billion |
|
Yankey Engineering Co Ltd
TW:6691
|
$2.40 Billion |
|
OPmobility SE
PA:OPM
|
$2.40 Billion |
|
Wallenstam AB (publ)
ST:WALL-B
|
$2.40 Billion |
|
Signify N.V.
AS:LIGHT
|
$2.40 Billion |
|
Proximus NV
BR:PROX
|
$2.40 Billion |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$2.39 Billion |
|
SSI Securities Corp
VN:SSI
|
$2.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Feinan Resources Recycling Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,381,598,462 to 4,517,398,772, a change of 135,800,311 (3.1%).
- Net income of 128,390,500 contributed positively to equity growth.
- Dividend payments of 180,134,754 reduced retained earnings.
- Other factors increased equity by 187,544,564.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥128.39 Million | +2.84% |
| Dividends Paid | CN¥180.13 Million | -3.99% |
| Other Changes | CN¥187.54 Million | +4.15% |
| Total Change | CN¥- | 3.10% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Feinan Resources Recycling 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: 3.63x
- 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 4.55x to 3.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥6.40 | CN¥29.14 | x |
| 2022-12-31 | CN¥6.57 | CN¥29.14 | x |
| 2023-12-31 | CN¥7.82 | CN¥29.14 | x |
| 2024-12-31 | CN¥8.02 | CN¥29.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Feinan Resources Recycling 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): 2.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.78x
- Recent ROE (2.84%) is below the historical average (8.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 22.30% | 9.11% | 1.36x | 1.81x | CN¥396.80 Million |
| 2022 | 6.42% | 2.42% | 1.16x | 2.29x | CN¥-118.49 Million |
| 2023 | 4.11% | 2.08% | 0.82x | 2.42x | CN¥-258.11 Million |
| 2024 | 2.84% | 1.02% | 1.00x | 2.78x | CN¥-323.35 Million |
Industry Comparison
This section compares Guangdong Feinan Resources Recycling Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Feinan Resources Recycling Co Ltd (301500) | CN¥4.89 Billion | 22.30% | 1.60x | $2.40 Billion |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Guangdong Feinan Resources Recycling Co Ltd
Guangdong Feinan Resources Recycling Co., Ltd., together with its subsidiaries, engages in the disposal of non-ferrous metal hazardous waste and recycling of renewable resources activities in China. The company's products comprise of cathode copper, nickel sulfate, copper matte, palladium powder, and tin, gold, zinc, and silver ingots. Feinan Resources Recycling Co., Ltd. was founded in 2008 and … Read more