Fujian Longking Co Ltd (600388) - Net Assets

Latest as of March 2026: CN¥11.38 Billion CNY ≈ $1.67 Billion USD

Based on the latest financial reports, Fujian Longking Co Ltd (600388) has net assets worth CN¥11.38 Billion CNY (≈ $1.67 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥28.76 Billion ≈ $4.21 Billion USD) and total liabilities (CN¥17.37 Billion ≈ $2.54 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 Fujian Longking Co Ltd (600388) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥11.38 Billion
% of Total Assets	39.58%
Annual Growth Rate	24.89%
5-Year Change	61.94%
10-Year Change	179.88%
Growth Volatility	73.12

Fujian Longking Co Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Fujian Longking Co Ltd's net assets have evolved over time, based on quarterly financial data. See Fujian Longking Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Fujian Longking Co Ltd (1997–2025)

The table below shows the annual net assets of Fujian Longking Co Ltd from 1997 to 2025. For live valuation and market cap data, see Fujian Longking Co Ltd stock valuation.

Year	Net Assets	Change
2025-12-31	CN¥11.38 Billion ≈ $1.66 Billion	+10.05%
2024-12-31	CN¥10.34 Billion ≈ $1.51 Billion	+30.04%
2023-12-31	CN¥7.95 Billion ≈ $1.16 Billion	+4.91%
2022-12-31	CN¥7.58 Billion ≈ $1.11 Billion	+7.86%
2021-12-31	CN¥7.02 Billion ≈ $1.03 Billion	+10.86%
2020-12-31	CN¥6.34 Billion ≈ $927.19 Million	+9.60%
2019-12-31	CN¥5.78 Billion ≈ $845.95 Million	+13.60%
2018-12-31	CN¥5.09 Billion ≈ $744.67 Million	+11.45%
2017-12-31	CN¥4.57 Billion ≈ $668.18 Million	+12.35%
2016-12-31	CN¥4.06 Billion ≈ $594.72 Million	+10.92%
2015-12-31	CN¥3.66 Billion ≈ $536.17 Million	+12.95%
2014-12-31	CN¥3.24 Billion ≈ $474.69 Million	+13.38%
2013-12-31	CN¥2.86 Billion ≈ $418.69 Million	+10.11%
2012-12-31	CN¥2.60 Billion ≈ $380.25 Million	+11.51%
2011-12-31	CN¥2.33 Billion ≈ $340.99 Million	+11.47%
2010-12-31	CN¥2.09 Billion ≈ $305.91 Million	+3.67%
2009-12-31	CN¥2.02 Billion ≈ $295.07 Million	+77.24%
2008-12-31	CN¥1.14 Billion ≈ $166.48 Million	+4.80%
2007-12-31	CN¥1.09 Billion ≈ $158.85 Million	+23.19%
2006-12-31	CN¥881.18 Million ≈ $128.94 Million	+14.37%
2005-12-31	CN¥770.44 Million ≈ $112.74 Million	+4.38%
2004-12-31	CN¥738.10 Million ≈ $108.01 Million	+5.73%
2003-12-31	CN¥698.12 Million ≈ $102.16 Million	+6.31%
2002-12-31	CN¥656.68 Million ≈ $96.09 Million	+3.14%
2001-12-31	CN¥636.66 Million ≈ $93.16 Million	+7.33%
2000-12-31	CN¥593.19 Million ≈ $86.80 Million	+365.40%
1999-12-31	CN¥127.46 Million ≈ $18.65 Million	+110.42%
1998-12-31	CN¥60.57 Million ≈ $8.86 Million	+168.85%
1997-12-31	CN¥22.53 Million ≈ $3.30 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Fujian Longking 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 663262134000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥6.63 Billion	60.43%
Common Stock	CN¥1.27 Billion	11.57%
Other Comprehensive Income	CN¥660.75 Million	6.02%
Other Components	CN¥2.41 Billion	21.98%
Total Equity	CN¥10.98 Billion	100.00%

Fujian Longking Co Ltd Competitors by Market Cap

The table below lists competitors of Fujian Longking Co Ltd ranked by their market capitalization.

Company	Market Cap
HSBC Holdings PLC LSE:HSBA	$3.01 Billion
AIR CHINA LTD H ADR/20 F:AD2B	$3.01 Billion
Zhuzhou Huarui Precision Cutting Tools Co Ltd SHG:688059	$3.01 Billion
Tangshan Sunfar Silicon Ind SHG:603938	$3.01 Billion
Nichidenbo Corp TW:3090	$3.01 Billion
Virbac SA PA:VIRP	$3.01 Billion
Kingsoft Cloud Holdings Ltd NASDAQ:KC	$3.01 Billion
Go Digit General Insurance Ltd NSE:GODIGIT	$3.01 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fujian Longking Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 10,173,175,507 to 10,975,361,056, a change of 802,185,549 (7.9%).
Net income of 1,112,291,417 contributed positively to equity growth.
Dividend payments of 355,612,962 reduced retained earnings.
Other comprehensive income increased equity by 15,900,469.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.11 Billion	+10.13%
Dividends Paid	CN¥355.61 Million	-3.24%
Other Comprehensive Income	CN¥15.90 Million	+0.14%
Other Changes	CN¥29.61 Million	+0.27%
Total Change	CN¥-	7.89%

Book Value vs Market Value Analysis

This analysis compares Fujian Longking 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: 1.86x
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 603.01x to 1.86x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1997-12-31	CN¥0.03	CN¥16.21	x
1998-12-31	CN¥0.07	CN¥16.21	x
1999-12-31	CN¥0.15	CN¥16.21	x
2000-12-31	CN¥0.70	CN¥16.21	x
2001-12-31	CN¥0.74	CN¥16.21	x
2002-12-31	CN¥0.76	CN¥16.21	x
2003-12-31	CN¥0.81	CN¥16.21	x
2004-12-31	CN¥0.84	CN¥16.21	x
2005-12-31	CN¥0.88	CN¥16.21	x
2006-12-31	CN¥1.02	CN¥16.21	x
2007-12-31	CN¥1.26	CN¥16.21	x
2008-12-31	CN¥1.31	CN¥16.21	x
2009-12-31	CN¥2.06	CN¥16.21	x
2010-12-31	CN¥1.97	CN¥16.21	x
2011-12-31	CN¥2.16	CN¥16.21	x
2012-12-31	CN¥2.39	CN¥16.21	x
2013-12-31	CN¥2.61	CN¥16.21	x
2014-12-31	CN¥2.92	CN¥16.21	x
2015-12-31	CN¥3.31	CN¥16.21	x
2016-12-31	CN¥3.74	CN¥16.21	x
2017-12-31	CN¥4.25	CN¥16.21	x
2018-12-31	CN¥4.73	CN¥16.21	x
2019-12-31	CN¥5.37	CN¥16.21	x
2020-12-31	CN¥5.38	CN¥16.21	x
2021-12-31	CN¥5.84	CN¥16.21	x
2022-12-31	CN¥6.25	CN¥16.21	x
2023-12-31	CN¥6.85	CN¥16.21	x
2024-12-31	CN¥9.43	CN¥16.21	x
2025-12-31	CN¥8.69	CN¥16.21	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fujian Longking 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): 10.13%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.41%
• Asset Turnover: 0.42x
• Equity Multiplier: 2.58x
Recent ROE (10.13%) is below the historical average (11.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1997	4.83%	1.20%	0.49x	8.21x	CN¥-1.16 Million
1998	11.05%	6.62%	0.41x	4.10x	CN¥637.41K
1999	10.63%	9.27%	0.41x	2.82x	CN¥807.93K
2000	3.24%	10.26%	0.22x	1.45x	CN¥-39.53 Million
2001	5.99%	10.56%	0.38x	1.48x	CN¥-24.83 Million
2002	4.04%	6.70%	0.34x	1.75x	CN¥-37.77 Million
2003	5.96%	6.75%	0.37x	2.39x	CN¥-27.28 Million
2004	6.72%	4.15%	0.62x	2.61x	CN¥-23.21 Million
2005	6.80%	3.65%	0.58x	3.18x	CN¥-23.64 Million
2006	16.91%	8.06%	0.63x	3.32x	CN¥58.90 Million
2007	11.79%	5.43%	0.65x	3.36x	CN¥18.87 Million
2008	15.93%	5.98%	0.70x	3.81x	CN¥64.93 Million
2009	13.08%	7.54%	0.70x	2.48x	CN¥60.67 Million
2010	10.96%	6.72%	0.59x	2.79x	CN¥19.77 Million
2011	11.00%	7.17%	0.59x	2.61x	CN¥23.01 Million
2012	11.40%	6.86%	0.57x	2.92x	CN¥35.77 Million
2013	16.41%	8.20%	0.65x	3.07x	CN¥178.39 Million
2014	14.73%	7.69%	0.53x	3.64x	CN¥148.84 Million
2015	15.71%	7.58%	0.55x	3.79x	CN¥203.63 Million
2016	16.58%	8.27%	0.55x	3.66x	CN¥263.56 Million
2017	16.01%	8.97%	0.55x	3.22x	CN¥271.82 Million
2018	15.87%	8.55%	0.50x	3.73x	CN¥296.29 Million
2019	14.91%	7.79%	0.51x	3.78x	CN¥280.09 Million
2020	11.34%	6.90%	0.41x	4.06x	CN¥83.10 Million
2021	12.49%	7.62%	0.42x	3.91x	CN¥171.57 Million
2022	10.89%	6.77%	0.45x	3.57x	CN¥65.61 Million
2023	6.57%	4.64%	0.43x	3.27x	CN¥-265.63 Million
2024	8.16%	8.29%	0.37x	2.63x	CN¥-186.91 Million
2025	10.13%	9.41%	0.42x	2.58x	CN¥14.76 Million

Industry Comparison

This section compares Fujian Longking Co Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.

Industry Context

Industry: Pollution & Treatment Controls
Average net assets among peers: $1,659,637,222
Average return on equity (ROE) among peers: -8.36%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fujian Longking Co Ltd (600388)	CN¥11.38 Billion	4.83%	1.53x	$3.01 Billion
Central Plains Environment Protection Co Ltd (000544)	$7.55 Billion	9.45%	2.53x	$1.06 Billion
Shenwu Energy Saving Co Ltd (000820)	$144.94 Million	-130.06%	10.96x	$284.78 Million
Hebei Sailhero Environmental (300137)	$156.24 Million	21.36%	0.68x	$1.38 Billion
Xiongan Kerong Environment Technology Co Ltd (300152)	$321.40 Million	-22.81%	1.44x	$177.32 Million
Nanjing CEC Environmental Protect (300172)	$1.98 Billion	4.13%	0.47x	$438.68 Million
Shanghai Canature Environmental (300272)	$1.18 Billion	7.67%	1.22x	$521.65 Million
Suzhou TA&A Ultra Clean Technology Co Ltd (300390)	$813.24 Million	1.98%	0.25x	$10.82 Billion
Scimee Sci &Tech Co Ltd (300425)	$2.33 Billion	8.23%	0.78x	$393.33 Million
Penyao Environmental Protection Co Ltd Class A (300664)	$1.15 Billion	6.05%	1.36x	$499.09 Million
ShenZhen GAD Environmental Technology Co. Ltd. (300854)	$978.70 Million	10.40%	0.56x	$377.79 Million

About Fujian Longking Co Ltd

SHG:600388 China Pollution & Treatment Controls

Market Cap

$3.01 Billion

CN¥20.59 Billion CNY

Market Cap Rank

#4997 Global

#924 in China

Share Price

CN¥16.21

Change (1 day)

-3.80%

52-Week Range

CN¥11.57 - CN¥20.75

All Time High

CN¥20.75