Fujian Funeng Co Ltd
Fujian Funeng Co., Ltd., together with its subsidiaries, produces and sells electricity and heat in China. It operates through Power and Textile segments. The company generates electricity through wind, natural gas, cogeneration, coal-fired pure condensing, and photovoltaic power generation. It has a total installed capacity of 3.35 billion kilowatts. The company also produces and sells industria… Read more
Fujian Funeng Co Ltd (600483) - Net Assets
Latest net assets as of September 2025: CN¥32.87 Billion CNY
Based on the latest financial reports, Fujian Funeng Co Ltd (600483) has net assets worth CN¥32.87 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¥53.23 Billion) and total liabilities (CN¥20.37 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¥32.87 Billion |
| % of Total Assets | 61.74% |
| Annual Growth Rate | 22.44% |
| 5-Year Change | 71.44% |
| 10-Year Change | 355.28% |
| Growth Volatility | 140.89 |
Fujian Funeng Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Fujian Funeng 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 Funeng Co Ltd (2001–2024)
The table below shows the annual net assets of Fujian Funeng Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥31.90 Billion | +14.14% |
| 2023-12-31 | CN¥27.95 Billion | +13.98% |
| 2022-12-31 | CN¥24.52 Billion | +13.73% |
| 2021-12-31 | CN¥21.56 Billion | +15.88% |
| 2020-12-31 | CN¥18.61 Billion | +27.84% |
| 2019-12-31 | CN¥14.56 Billion | +10.10% |
| 2018-12-31 | CN¥13.22 Billion | +18.95% |
| 2017-12-31 | CN¥11.11 Billion | +5.21% |
| 2016-12-31 | CN¥10.56 Billion | +50.76% |
| 2015-12-31 | CN¥7.01 Billion | +14.48% |
| 2014-12-31 | CN¥6.12 Billion | +696.33% |
| 2013-12-31 | CN¥768.64 Million | -1.20% |
| 2012-12-31 | CN¥778.00 Million | -0.44% |
| 2011-12-31 | CN¥781.41 Million | +3.94% |
| 2010-12-31 | CN¥751.81 Million | -1.52% |
| 2009-12-31 | CN¥763.42 Million | +13.26% |
| 2008-12-31 | CN¥674.02 Million | -18.19% |
| 2007-12-31 | CN¥823.84 Million | +28.82% |
| 2006-12-31 | CN¥639.54 Million | -5.72% |
| 2005-12-31 | CN¥678.34 Million | +0.23% |
| 2004-12-31 | CN¥676.79 Million | +98.81% |
| 2003-12-31 | CN¥340.41 Million | +10.19% |
| 2002-12-31 | CN¥308.94 Million | +1.86% |
| 2001-12-31 | CN¥303.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Funeng 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 62196.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥11.45 Billion | 45.30% |
| Common Stock | CN¥5.02 Billion | 19.86% |
| Other Comprehensive Income | CN¥1.28 Billion | 5.08% |
| Other Components | CN¥7.52 Billion | 29.75% |
| Total Equity | CN¥25.28 Billion | 100.00% |
Fujian Funeng Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Funeng Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sally Beauty Holdings Inc
NYSE:SBH
|
$1.36 Billion |
|
Westone Information Industry Inc
SHE:002268
|
$1.36 Billion |
|
Xenia Hotels & Resorts Inc
NYSE:XHR
|
$1.36 Billion |
|
JinkoSolar Holding Company Limited
NYSE:JKS
|
$1.36 Billion |
|
Peker Gayrimenkul Yatirim Ortakligi AS
IS:PEKGY
|
$1.36 Billion |
|
Shandong Weigao Group Medical Polymer Company Limited
F:UK2
|
$1.36 Billion |
|
PT Kalbe Farma Tbk
PINK:PTKFF
|
$1.36 Billion |
|
Killam Apartment Real Estate Investment Trust
TO:KMP-UN
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Funeng Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,921,508,684 to 25,276,572,915, a change of 3,355,064,231 (15.3%).
- Net income of 2,793,239,623 contributed positively to equity growth.
- Dividend payments of 1,309,704,152 reduced retained earnings.
- Other comprehensive income decreased equity by 85,026,391.
- Other factors increased equity by 1,956,555,151.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.79 Billion | +11.05% |
| Dividends Paid | CN¥1.31 Billion | -5.18% |
| Other Comprehensive Income | CN¥-85.03 Million | -0.34% |
| Other Changes | CN¥1.96 Billion | +7.74% |
| Total Change | CN¥- | 15.30% |
Book Value vs Market Value Analysis
This analysis compares Fujian Funeng 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: 1.22x
- 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 21.71x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.51 | CN¥11.04 | x |
| 2002-12-31 | CN¥0.53 | CN¥11.04 | x |
| 2003-12-31 | CN¥0.57 | CN¥11.04 | x |
| 2004-12-31 | CN¥1.18 | CN¥11.04 | x |
| 2005-12-31 | CN¥1.19 | CN¥11.04 | x |
| 2006-12-31 | CN¥0.86 | CN¥11.04 | x |
| 2007-12-31 | CN¥0.99 | CN¥11.04 | x |
| 2008-12-31 | CN¥0.98 | CN¥11.04 | x |
| 2009-12-31 | CN¥0.95 | CN¥11.04 | x |
| 2010-12-31 | CN¥1.01 | CN¥11.04 | x |
| 2011-12-31 | CN¥1.06 | CN¥11.04 | x |
| 2012-12-31 | CN¥1.04 | CN¥11.04 | x |
| 2013-12-31 | CN¥0.60 | CN¥11.04 | x |
| 2014-12-31 | CN¥4.09 | CN¥11.04 | x |
| 2015-12-31 | CN¥4.06 | CN¥11.04 | x |
| 2016-12-31 | CN¥5.00 | CN¥11.04 | x |
| 2017-12-31 | CN¥5.18 | CN¥11.04 | x |
| 2018-12-31 | CN¥5.85 | CN¥11.04 | x |
| 2019-12-31 | CN¥5.64 | CN¥11.04 | x |
| 2020-12-31 | CN¥6.54 | CN¥11.04 | x |
| 2021-12-31 | CN¥6.41 | CN¥11.04 | x |
| 2022-12-31 | CN¥9.56 | CN¥11.04 | x |
| 2023-12-31 | CN¥8.11 | CN¥11.04 | x |
| 2024-12-31 | CN¥9.05 | CN¥11.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Funeng 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): 11.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.18%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.05x
- Recent ROE (11.05%) is below the historical average (11.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 8.87% | 6.02% | 0.69x | 2.14x | CN¥-3.16 Million |
| 2002 | 8.92% | 5.69% | 0.74x | 2.11x | CN¥-3.13 Million |
| 2003 | 7.84% | 4.55% | 0.77x | 2.22x | CN¥-6.82 Million |
| 2004 | 2.38% | 2.08% | 0.75x | 1.54x | CN¥-49.60 Million |
| 2005 | 1.23% | 0.93% | 0.89x | 1.47x | CN¥-57.15 Million |
| 2006 | 1.38% | 0.96% | 0.95x | 1.52x | CN¥-52.75 Million |
| 2007 | -1.20% | -0.90% | 0.78x | 1.69x | CN¥-89.06 Million |
| 2008 | 1.20% | 0.75% | 0.93x | 1.73x | CN¥-56.71 Million |
| 2009 | 2.50% | 1.89% | 0.85x | 1.55x | CN¥-55.54 Million |
| 2010 | 3.50% | 2.20% | 0.99x | 1.60x | CN¥-47.34 Million |
| 2011 | 7.06% | 3.43% | 1.27x | 1.62x | CN¥-22.20 Million |
| 2012 | 3.02% | 1.71% | 1.11x | 1.59x | CN¥-52.51 Million |
| 2013 | 99.60% | 12.82% | 5.08x | 1.53x | CN¥665.01 Million |
| 2014 | 13.73% | 13.69% | 0.40x | 2.48x | CN¥216.23 Million |
| 2015 | 16.09% | 14.86% | 0.48x | 2.24x | CN¥402.37 Million |
| 2016 | 10.16% | 15.95% | 0.35x | 1.80x | CN¥16.31 Million |
| 2017 | 8.02% | 12.41% | 0.34x | 1.88x | CN¥-207.61 Million |
| 2018 | 8.94% | 11.23% | 0.34x | 2.32x | CN¥-124.04 Million |
| 2019 | 9.82% | 12.51% | 0.36x | 2.21x | CN¥-22.34 Million |
| 2020 | 9.65% | 15.65% | 0.27x | 2.25x | CN¥-54.93 Million |
| 2021 | 7.68% | 11.18% | 0.28x | 2.49x | CN¥-409.68 Million |
| 2022 | 12.98% | 18.12% | 0.30x | 2.43x | CN¥596.32 Million |
| 2023 | 11.97% | 17.85% | 0.29x | 2.31x | CN¥431.32 Million |
| 2024 | 11.05% | 19.18% | 0.28x | 2.05x | CN¥265.58 Million |
Industry Comparison
This section compares Fujian Funeng Co Ltd's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $3,167,419,143
- Average return on equity (ROE) among peers: 6.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Funeng Co Ltd (600483) | CN¥32.87 Billion | 8.87% | 0.62x | $1.36 Billion |
| Shenyang Huitian Thermal Power Co Ltd (000692) | $1.40 Billion | 5.33% | 2.06x | $212.01 Million |
| Shenyang Jinshan Energy Co Ltd (600396) | $2.97 Billion | 9.33% | 4.06x | $319.56 Million |
| Xinjiang Tianfu Energy Co Ltd (600509) | $6.46 Billion | -0.69% | 2.38x | $1.11 Billion |
| Shenergy Co Ltd (600642) | $3.85 Billion | 12.69% | 0.85x | $2.08 Billion |
| Hunan Chen Dian International Development Co Ltd (600969) | $1.15 Billion | 7.81% | 2.62x | $327.07 Million |