Fujian Furi Electronics Co Ltd (600203) - Net Assets
Based on the latest financial reports, Fujian Furi Electronics Co Ltd (600203) has net assets worth CN¥1.81 Billion CNY (≈ $264.99 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.53 Billion ≈ $1.25 Billion USD) and total liabilities (CN¥6.72 Billion ≈ $983.60 Million 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 Fujian Furi Electronics Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.81 Billion |
| % of Total Assets | 21.22% |
| Annual Growth Rate | 6.26% |
| 5-Year Change | -38.6% |
| 10-Year Change | -2.72% |
| Growth Volatility | 74.57 |
Fujian Furi Electronics Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Fujian Furi Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Fujian Furi Electronics Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Fujian Furi Electronics Co Ltd (1996–2024)
The table below shows the annual net assets of Fujian Furi Electronics Co Ltd from 1996 to 2024. For live valuation and market cap data, see 600203 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.73 Billion ≈ $253.29 Million |
-19.08% |
| 2023-12-31 | CN¥2.14 Billion ≈ $313.00 Million |
-12.04% |
| 2022-12-31 | CN¥2.43 Billion ≈ $355.86 Million |
-30.27% |
| 2021-12-31 | CN¥3.49 Billion ≈ $510.35 Million |
+23.72% |
| 2020-12-31 | CN¥2.82 Billion ≈ $412.52 Million |
-1.35% |
| 2019-12-31 | CN¥2.86 Billion ≈ $418.18 Million |
+35.64% |
| 2018-12-31 | CN¥2.11 Billion ≈ $308.31 Million |
-0.90% |
| 2017-12-31 | CN¥2.13 Billion ≈ $311.10 Million |
-9.22% |
| 2016-12-31 | CN¥2.34 Billion ≈ $342.70 Million |
+31.62% |
| 2015-12-31 | CN¥1.78 Billion ≈ $260.37 Million |
+10.53% |
| 2014-12-31 | CN¥1.61 Billion ≈ $235.57 Million |
+231.88% |
| 2013-12-31 | CN¥485.06 Million ≈ $70.98 Million |
+8.31% |
| 2012-12-31 | CN¥447.86 Million ≈ $65.54 Million |
+62.48% |
| 2011-12-31 | CN¥275.65 Million ≈ $40.34 Million |
-31.96% |
| 2010-12-31 | CN¥405.10 Million ≈ $59.28 Million |
+303.19% |
| 2009-12-31 | CN¥100.47 Million ≈ $14.70 Million |
-60.09% |
| 2008-12-31 | CN¥251.75 Million ≈ $36.84 Million |
+1.58% |
| 2007-12-31 | CN¥247.83 Million ≈ $36.26 Million |
-33.44% |
| 2006-12-31 | CN¥372.35 Million ≈ $54.49 Million |
-30.86% |
| 2005-12-31 | CN¥538.54 Million ≈ $78.81 Million |
+5.36% |
| 2004-12-31 | CN¥511.14 Million ≈ $74.80 Million |
-3.90% |
| 2003-12-31 | CN¥531.91 Million ≈ $77.84 Million |
-17.96% |
| 2002-12-31 | CN¥648.38 Million ≈ $94.88 Million |
-1.25% |
| 2001-12-31 | CN¥656.60 Million ≈ $96.08 Million |
+1.92% |
| 2000-12-31 | CN¥644.26 Million ≈ $94.27 Million |
-3.90% |
| 1999-12-31 | CN¥670.40 Million ≈ $98.10 Million |
+71.02% |
| 1998-12-31 | CN¥392.00 Million ≈ $57.36 Million |
+2.71% |
| 1997-12-31 | CN¥381.66 Million ≈ $55.85 Million |
+20.76% |
| 1996-12-31 | CN¥316.04 Million ≈ $46.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Furi 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 123011300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥592.99 Million | 35.79% |
| Other Comprehensive Income | CN¥89.39 Million | 5.40% |
| Other Components | CN¥2.20 Billion | 133.06% |
| Total Equity | CN¥1.66 Billion | 100.00% |
Fujian Furi Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Furi Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
$1.06 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
$1.06 Billion |
|
Bank Artos Indonesia Tbk PT
JK:ARTO
|
$1.06 Billion |
|
Anhui Expressway Company Limited
F:HU7
|
$1.06 Billion |
|
Bangkok Life Assurance Public Company Limited
BK:BLA
|
$1.06 Billion |
|
AVI Global Trust PLC
LSE:AGT
|
$1.06 Billion |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658
|
$1.06 Billion |
|
Five9 Inc
NASDAQ:FIVN
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Furi Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,040,436,000 to 1,656,670,000, a change of -383,766,000 (-18.8%).
- Net loss of 384,245,141 reduced equity.
- Dividend payments of 87,307,000 reduced retained earnings.
- Other comprehensive income increased equity by 479,397.
- Other factors increased equity by 87,306,744.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-384.25 Million | -23.19% |
| Dividends Paid | CN¥87.31 Million | -5.27% |
| Other Comprehensive Income | CN¥479.40K | +0.03% |
| Other Changes | CN¥87.31 Million | +5.27% |
| Total Change | CN¥- | -18.81% |
Book Value vs Market Value Analysis
This analysis compares Fujian Furi 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: 4.37x
- 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 12.54x to 4.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.97 | CN¥12.21 | x |
| 1997-12-31 | CN¥1.17 | CN¥12.21 | x |
| 1998-12-31 | CN¥1.17 | CN¥12.21 | x |
| 1999-12-31 | CN¥2.29 | CN¥12.21 | x |
| 2000-12-31 | CN¥2.42 | CN¥12.21 | x |
| 2001-12-31 | CN¥2.46 | CN¥12.21 | x |
| 2002-12-31 | CN¥2.36 | CN¥12.21 | x |
| 2003-12-31 | CN¥1.97 | CN¥12.21 | x |
| 2004-12-31 | CN¥2.00 | CN¥12.21 | x |
| 2005-12-31 | CN¥2.10 | CN¥12.21 | x |
| 2006-12-31 | CN¥1.26 | CN¥12.21 | x |
| 2007-12-31 | CN¥0.89 | CN¥12.21 | x |
| 2008-12-31 | CN¥0.88 | CN¥12.21 | x |
| 2009-12-31 | CN¥0.34 | CN¥12.21 | x |
| 2010-12-31 | CN¥1.62 | CN¥12.21 | x |
| 2011-12-31 | CN¥1.13 | CN¥12.21 | x |
| 2012-12-31 | CN¥1.81 | CN¥12.21 | x |
| 2013-12-31 | CN¥2.01 | CN¥12.21 | x |
| 2014-12-31 | CN¥5.45 | CN¥12.21 | x |
| 2015-12-31 | CN¥4.35 | CN¥12.21 | x |
| 2016-12-31 | CN¥5.23 | CN¥12.21 | x |
| 2017-12-31 | CN¥4.50 | CN¥12.21 | x |
| 2018-12-31 | CN¥4.50 | CN¥12.21 | x |
| 2019-12-31 | CN¥4.61 | CN¥12.21 | x |
| 2020-12-31 | CN¥4.24 | CN¥12.21 | x |
| 2021-12-31 | CN¥6.22 | CN¥12.21 | x |
| 2022-12-31 | CN¥3.96 | CN¥12.21 | x |
| 2023-12-31 | CN¥3.42 | CN¥12.21 | x |
| 2024-12-31 | CN¥2.79 | CN¥12.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Furi 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): -23.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.61%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 4.67x
- Recent ROE (-23.19%) is below the historical average (-5.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 34.26% | 4.77% | 1.57x | 4.57x | CN¥56.85 Million |
| 1997 | 22.62% | 6.29% | 0.81x | 4.42x | CN¥35.44 Million |
| 1998 | 16.70% | 5.37% | 0.77x | 4.06x | CN¥18.81 Million |
| 1999 | 7.75% | 6.04% | 0.43x | 2.99x | CN¥-12.40 Million |
| 2000 | 8.69% | 8.53% | 0.44x | 2.32x | CN¥-7.60 Million |
| 2001 | 5.34% | 3.96% | 0.52x | 2.60x | CN¥-27.59 Million |
| 2002 | -4.69% | -1.93% | 0.76x | 3.18x | CN¥-83.43 Million |
| 2003 | -20.34% | -10.34% | 0.57x | 3.48x | CN¥-143.61 Million |
| 2004 | 1.82% | 0.56% | 1.00x | 3.26x | CN¥-39.45 Million |
| 2005 | 4.23% | 1.05% | 1.23x | 3.26x | CN¥-29.09 Million |
| 2006 | 1.40% | 0.27% | 1.09x | 4.79x | CN¥-28.78 Million |
| 2007 | -55.31% | -7.69% | 0.99x | 7.27x | CN¥-139.92 Million |
| 2008 | 4.54% | 0.69% | 1.00x | 6.55x | CN¥-12.22 Million |
| 2009 | -179.01% | -14.77% | 0.87x | 14.01x | CN¥-153.46 Million |
| 2010 | -17.88% | -5.23% | 0.87x | 3.93x | CN¥-109.33 Million |
| 2011 | 29.31% | 3.76% | 1.70x | 4.59x | CN¥52.35 Million |
| 2012 | 9.96% | 1.58% | 2.00x | 3.15x | CN¥-173.82K |
| 2013 | 15.81% | 3.05% | 1.26x | 4.11x | CN¥28.03 Million |
| 2014 | 5.32% | 2.24% | 0.88x | 2.70x | CN¥-69.18 Million |
| 2015 | 7.13% | 1.90% | 1.32x | 2.85x | CN¥-47.14 Million |
| 2016 | 2.87% | 0.90% | 1.37x | 2.34x | CN¥-158.53 Million |
| 2017 | -5.48% | -1.37% | 1.53x | 2.60x | CN¥-317.84 Million |
| 2018 | 2.03% | 0.38% | 1.44x | 3.72x | CN¥-163.57 Million |
| 2019 | 2.10% | 0.39% | 1.52x | 3.56x | CN¥-166.31 Million |
| 2020 | 0.47% | 0.08% | 1.59x | 3.89x | CN¥-200.98 Million |
| 2021 | -8.03% | -1.25% | 1.52x | 4.21x | CN¥-524.81 Million |
| 2022 | -13.36% | -1.90% | 1.85x | 3.82x | CN¥-548.74 Million |
| 2023 | -14.03% | -2.69% | 1.37x | 3.82x | CN¥-490.36 Million |
| 2024 | -23.19% | -3.61% | 1.38x | 4.67x | CN¥-549.91 Million |
Industry Comparison
This section compares Fujian Furi Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Furi Electronics Co Ltd (600203) | CN¥1.81 Billion | 34.26% | 3.71x | $1.06 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Fujian Furi Electronics Co Ltd
Fujian Furi Electronics Co.,Ltd engages in the research, development, production, and sale of smart terminal and LED optoelectronic products in China. The company provides smartphones to electronic brands and technology companies; and product services, including product solution design, product development, manufacturing, and delivery of mobile phones and other smart terminals, as well as ODM/JDM… Read more