Fanli Digital Technology Co Ltd
Fanli Digital Technology Co.,Ltd operates Fanli.com, an e-commerce shopping guide platform in China. The company was formerly known as Fanli Inc. Fanli Digital Technology Co.,Ltd was founded in 1999 and is based in Shanghai, China.
Fanli Digital Technology Co Ltd (600228) - Net Assets
Latest net assets as of September 2025: CN¥413.73 Million CNY
Based on the latest financial reports, Fanli Digital Technology Co Ltd (600228) has net assets worth CN¥413.73 Million 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¥575.15 Million) and total liabilities (CN¥161.42 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 | CN¥413.73 Million |
| % of Total Assets | 71.93% |
| Annual Growth Rate | 4.94% |
| 5-Year Change | 358.65% |
| 10-Year Change | 222.09% |
| Growth Volatility | 152.05 |
Fanli Digital Technology Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Fanli Digital Technology 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 Fanli Digital Technology Co Ltd (1995–2024)
The table below shows the annual net assets of Fanli Digital Technology Co Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥457.19 Million | -68.77% |
| 2023-12-31 | CN¥1.46 Billion | +27.65% |
| 2022-12-31 | CN¥1.15 Billion | +30.63% |
| 2021-12-31 | CN¥877.99 Million | +780.80% |
| 2020-12-31 | CN¥99.68 Million | -21.93% |
| 2019-12-31 | CN¥127.69 Million | -5.14% |
| 2018-12-31 | CN¥134.61 Million | +12.46% |
| 2017-12-31 | CN¥119.70 Million | +15.39% |
| 2016-12-31 | CN¥103.73 Million | -26.92% |
| 2015-12-31 | CN¥141.94 Million | -11.10% |
| 2014-12-31 | CN¥159.66 Million | +485.59% |
| 2013-12-31 | CN¥-41.41 Million | -138.20% |
| 2012-12-31 | CN¥108.39 Million | -53.55% |
| 2011-12-31 | CN¥233.37 Million | +18.54% |
| 2010-12-31 | CN¥196.88 Million | -47.59% |
| 2009-12-31 | CN¥375.63 Million | -19.84% |
| 2008-12-31 | CN¥468.62 Million | +3.53% |
| 2007-12-31 | CN¥452.66 Million | +21.77% |
| 2006-12-31 | CN¥371.74 Million | -15.60% |
| 2005-12-31 | CN¥440.48 Million | +13.02% |
| 2004-12-31 | CN¥389.73 Million | +2.56% |
| 2003-12-31 | CN¥380.01 Million | -19.31% |
| 2002-12-31 | CN¥470.98 Million | +0.47% |
| 2001-12-31 | CN¥468.79 Million | +4.04% |
| 2000-12-31 | CN¥450.59 Million | +1.50% |
| 1999-12-31 | CN¥443.91 Million | +135.32% |
| 1998-12-31 | CN¥188.64 Million | +48.41% |
| 1997-12-31 | CN¥127.11 Million | +5.87% |
| 1996-12-31 | CN¥120.06 Million | +6.30% |
| 1995-12-31 | CN¥112.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fanli Digital Technology 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 26524665200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥265.25 Million | 58.02% |
| Common Stock | CN¥419.27 Million | 91.71% |
| Other Comprehensive Income | CN¥46.64K | 0.01% |
| Total Equity | CN¥457.19 Million | 100.00% |
Fanli Digital Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Fanli Digital Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Soyea Technology Co Ltd
SHE:000909
|
$199.78 Million |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
$199.80 Million |
|
Jiangnan Yifan Motor Co.Ltd
SHE:301023
|
$199.83 Million |
|
BingEx Ltd
NASDAQ:FLX
|
$199.88 Million |
|
Linklogis Inc.
PINK:LNKLF
|
$199.68 Million |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
$199.55 Million |
|
VS Industry Bhd
KLSE:6963
|
$199.39 Million |
|
Gannett Co Inc
NYSE:GCI
|
$199.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fanli Digital Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,464,030,782 to 457,189,212, a change of -1,006,841,570 (-68.8%).
- Net loss of 11,668,904 reduced equity.
- Other comprehensive income decreased equity by 144,246,740.
- Other factors decreased equity by 850,925,926.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-11.67 Million | -2.55% |
| Other Comprehensive Income | CN¥-144.25 Million | -31.55% |
| Other Changes | CN¥-850.93 Million | -186.12% |
| Total Change | CN¥- | -68.77% |
Book Value vs Market Value Analysis
This analysis compares Fanli Digital Technology 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: 7.15x
- 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 12.73x to 7.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.47 | CN¥5.97 | x |
| 1996-12-31 | CN¥0.50 | CN¥5.97 | x |
| 1997-12-31 | CN¥0.53 | CN¥5.97 | x |
| 1998-12-31 | CN¥0.78 | CN¥5.97 | x |
| 1999-12-31 | CN¥1.84 | CN¥5.97 | x |
| 2000-12-31 | CN¥1.87 | CN¥5.97 | x |
| 2001-12-31 | CN¥1.91 | CN¥5.97 | x |
| 2002-12-31 | CN¥1.91 | CN¥5.97 | x |
| 2003-12-31 | CN¥1.51 | CN¥5.97 | x |
| 2004-12-31 | CN¥1.54 | CN¥5.97 | x |
| 2005-12-31 | CN¥1.59 | CN¥5.97 | x |
| 2006-12-31 | CN¥1.13 | CN¥5.97 | x |
| 2007-12-31 | CN¥1.43 | CN¥5.97 | x |
| 2008-12-31 | CN¥1.45 | CN¥5.97 | x |
| 2009-12-31 | CN¥1.11 | CN¥5.97 | x |
| 2010-12-31 | CN¥0.51 | CN¥5.97 | x |
| 2011-12-31 | CN¥0.57 | CN¥5.97 | x |
| 2012-12-31 | CN¥0.10 | CN¥5.97 | x |
| 2013-12-31 | CN¥-0.48 | CN¥5.97 | x |
| 2014-12-31 | CN¥0.32 | CN¥5.97 | x |
| 2015-12-31 | CN¥0.24 | CN¥5.97 | x |
| 2016-12-31 | CN¥0.10 | CN¥5.97 | x |
| 2017-12-31 | CN¥0.22 | CN¥5.97 | x |
| 2018-12-31 | CN¥0.23 | CN¥5.97 | x |
| 2019-12-31 | CN¥0.19 | CN¥5.97 | x |
| 2020-12-31 | CN¥3.59 | CN¥5.97 | x |
| 2021-12-31 | CN¥1.13 | CN¥5.97 | x |
| 2022-12-31 | CN¥1.40 | CN¥5.97 | x |
| 2023-12-31 | CN¥2.15 | CN¥5.97 | x |
| 2024-12-31 | CN¥0.83 | CN¥5.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fanli Digital Technology 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): -2.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.79%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.30x
- Recent ROE (-2.55%) is above the historical average (-22.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 32.47% | 10.58% | 1.49x | 2.06x | CN¥25.38 Million |
| 1996 | 31.02% | 9.78% | 1.54x | 2.06x | CN¥25.24 Million |
| 1997 | 24.09% | 9.01% | 1.15x | 2.33x | CN¥17.91 Million |
| 1998 | 16.20% | 8.79% | 0.94x | 1.97x | CN¥11.69 Million |
| 1999 | 2.16% | 3.86% | 0.35x | 1.61x | CN¥-34.82 Million |
| 2000 | 3.48% | 6.72% | 0.31x | 1.65x | CN¥-29.38 Million |
| 2001 | 5.61% | 7.63% | 0.41x | 1.78x | CN¥-20.16 Million |
| 2002 | 0.23% | 0.35% | 0.38x | 1.71x | CN¥-44.91 Million |
| 2003 | -26.44% | -23.20% | 0.53x | 2.13x | CN¥-132.50 Million |
| 2004 | 1.92% | 1.33% | 0.69x | 2.10x | CN¥-29.97 Million |
| 2005 | 2.81% | 1.35% | 0.90x | 2.32x | CN¥-27.46 Million |
| 2006 | 3.72% | 1.41% | 0.96x | 2.74x | CN¥-19.31 Million |
| 2007 | 2.51% | 0.82% | 1.04x | 2.97x | CN¥-25.63 Million |
| 2008 | 2.56% | 0.83% | 1.08x | 2.84x | CN¥-26.15 Million |
| 2009 | -31.46% | -12.24% | 0.71x | 3.60x | CN¥-110.79 Million |
| 2010 | -113.94% | -15.22% | 0.98x | 7.64x | CN¥-152.88 Million |
| 2011 | 10.50% | 1.48% | 1.10x | 6.45x | CN¥686.83K |
| 2012 | -582.57% | -18.86% | 0.90x | 34.39x | CN¥-147.17 Million |
| 2013 | 0.00% | -27.04% | 1.07x | 0.00x | CN¥-183.08 Million |
| 2014 | 43.24% | 4.82% | 1.17x | 7.69x | CN¥26.90 Million |
| 2015 | -42.01% | -4.53% | 1.06x | 8.76x | CN¥-30.45 Million |
| 2016 | -148.39% | -8.55% | 0.95x | 18.31x | CN¥-39.59 Million |
| 2017 | 49.83% | 4.72% | 1.74x | 6.05x | CN¥20.89 Million |
| 2018 | 13.09% | 1.52% | 1.84x | 4.69x | CN¥1.89 Million |
| 2019 | 3.42% | 0.44% | 1.72x | 4.57x | CN¥-3.63 Million |
| 2020 | 16.58% | 27.19% | 2.02x | 0.30x | CN¥54.23 Million |
| 2021 | 9.74% | 17.27% | 0.32x | 1.78x | CN¥-2.30 Million |
| 2022 | 5.93% | 13.32% | 0.37x | 1.20x | CN¥-46.65 Million |
| 2023 | 1.74% | 8.41% | 0.18x | 1.12x | CN¥-120.97 Million |
| 2024 | -2.55% | -4.79% | 0.41x | 1.30x | CN¥-57.39 Million |
Industry Comparison
This section compares Fanli Digital Technology Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $2,335,915,949
- Average return on equity (ROE) among peers: 13.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fanli Digital Technology Co Ltd (600228) | CN¥413.73 Million | 32.47% | 0.39x | $199.70 Million |
| Nanjing Red Sun Co Ltd (000525) | $147.47 Million | 1.90% | 0.79x | $845.94 Million |
| ADAMA Ltd (000553) | $924.52 Million | 2.09% | 0.75x | $429.88 Million |
| Grand Industrial Holding Co Ltd (000626) | $2.61 Billion | -11.54% | 1.98x | $221.00 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $1.01 Billion | 18.17% | 0.44x | $482.18 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $5.06 Billion | 26.77% | 0.59x | $16.27 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $11.63 Billion | 17.45% | 0.10x | $4.53 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $409.30 Million | 0.72% | 1.97x | $1.47 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $218.75 Million | 71.83% | 0.84x | $897.13 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $398.71 Million | 5.82% | 1.87x | $221.44 Million |
| Norsyn Crop Technology Co. Ltd. A (001231) | $952.88 Million | 5.49% | 0.42x | $95.20 Million |