Fujian Funeng Co Ltd (600483) - Net Assets

Latest as of September 2025: CN¥32.87 Billion CNY ≈ $4.81 Billion USD

Based on the latest financial reports, Fujian Funeng Co Ltd (600483) has net assets worth CN¥32.87 Billion CNY (≈ $4.81 Billion 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¥53.23 Billion ≈ $7.79 Billion USD) and total liabilities (CN¥20.37 Billion ≈ $2.98 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 Funeng Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 600483 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Fujian Funeng Co Ltd (600483) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥31.90 Billion ≈ $4.67 Billion	+14.14%
2023-12-31	CN¥27.95 Billion ≈ $4.09 Billion	+13.98%
2022-12-31	CN¥24.52 Billion ≈ $3.59 Billion	+13.73%
2021-12-31	CN¥21.56 Billion ≈ $3.16 Billion	+15.88%
2020-12-31	CN¥18.61 Billion ≈ $2.72 Billion	+27.84%
2019-12-31	CN¥14.56 Billion ≈ $2.13 Billion	+10.10%
2018-12-31	CN¥13.22 Billion ≈ $1.93 Billion	+18.95%
2017-12-31	CN¥11.11 Billion ≈ $1.63 Billion	+5.21%
2016-12-31	CN¥10.56 Billion ≈ $1.55 Billion	+50.76%
2015-12-31	CN¥7.01 Billion ≈ $1.03 Billion	+14.48%
2014-12-31	CN¥6.12 Billion ≈ $895.69 Million	+696.33%
2013-12-31	CN¥768.64 Million ≈ $112.48 Million	-1.20%
2012-12-31	CN¥778.00 Million ≈ $113.85 Million	-0.44%
2011-12-31	CN¥781.41 Million ≈ $114.34 Million	+3.94%
2010-12-31	CN¥751.81 Million ≈ $110.01 Million	-1.52%
2009-12-31	CN¥763.42 Million ≈ $111.71 Million	+13.26%
2008-12-31	CN¥674.02 Million ≈ $98.63 Million	-18.19%
2007-12-31	CN¥823.84 Million ≈ $120.55 Million	+28.82%
2006-12-31	CN¥639.54 Million ≈ $93.59 Million	-5.72%
2005-12-31	CN¥678.34 Million ≈ $99.26 Million	+0.23%
2004-12-31	CN¥676.79 Million ≈ $99.04 Million	+98.81%
2003-12-31	CN¥340.41 Million ≈ $49.81 Million	+10.19%
2002-12-31	CN¥308.94 Million ≈ $45.21 Million	+1.86%
2001-12-31	CN¥303.31 Million ≈ $44.38 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
Centre Testing Intl Shenzhen SHE:300012	$4.07 Billion
Avic Aviation High Technology Co Ltd SHG:600862	$4.08 Billion
Beibuwan Port Co Ltd SHE:000582	$4.08 Billion
Shanxi Coal International Energy Group Co Ltd SHG:600546	$4.08 Billion
Bethel Automotive Safety Systems Co Ltd Class A SHG:603596	$4.07 Billion
MeiHua Holdings Group Co Ltd SHG:600873	$4.07 Billion
Corporación Moctezuma S.A.B. de C.V MX:CMOCTEZ	$4.06 Billion
Kenon Holdings NYSE:KEN	$4.06 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: 1.11x
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 19.69x to 1.11x 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¥10.01	x
2002-12-31	CN¥0.53	CN¥10.01	x
2003-12-31	CN¥0.57	CN¥10.01	x
2004-12-31	CN¥1.18	CN¥10.01	x
2005-12-31	CN¥1.19	CN¥10.01	x
2006-12-31	CN¥0.86	CN¥10.01	x
2007-12-31	CN¥0.99	CN¥10.01	x
2008-12-31	CN¥0.98	CN¥10.01	x
2009-12-31	CN¥0.95	CN¥10.01	x
2010-12-31	CN¥1.01	CN¥10.01	x
2011-12-31	CN¥1.06	CN¥10.01	x
2012-12-31	CN¥1.04	CN¥10.01	x
2013-12-31	CN¥0.60	CN¥10.01	x
2014-12-31	CN¥4.09	CN¥10.01	x
2015-12-31	CN¥4.06	CN¥10.01	x
2016-12-31	CN¥5.00	CN¥10.01	x
2017-12-31	CN¥5.18	CN¥10.01	x
2018-12-31	CN¥5.85	CN¥10.01	x
2019-12-31	CN¥5.64	CN¥10.01	x
2020-12-31	CN¥6.54	CN¥10.01	x
2021-12-31	CN¥6.41	CN¥10.01	x
2022-12-31	CN¥9.56	CN¥10.01	x
2023-12-31	CN¥8.11	CN¥10.01	x
2024-12-31	CN¥9.05	CN¥10.01	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: $3,892,552,321
Average return on equity (ROE) among peers: 80.77%

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	$4.07 Billion
Shenyang Huitian Thermal Power Co Ltd (000692)	$208.52 Million	468.49%	24.91x	$389.85 Million
Sichuan Mingxing Electric Power Co Ltd (600101)	$1.55 Billion	14.26%	0.61x	$787.26 Million
Shenyang Jinshan Energy Co Ltd (600396)	$2.97 Billion	9.33%	4.06x	$2.14 Billion
Xinjiang Tianfu Energy Co Ltd (600509)	$187.05 Million	21.49%	1.63x	$1.63 Billion
Shenergy Co Ltd (600642)	$17.83 Billion	3.32%	0.76x	$6.49 Billion
Hunan Chen Dian International Development Co Ltd (600969)	$617.06 Million	-32.30%	2.80x	$537.71 Million

About Fujian Funeng Co Ltd

SHG:600483 China Utilities - Diversified

Market Cap

$4.07 Billion

CN¥27.83 Billion CNY

Market Cap Rank

#4106 Global

#704 in China

Share Price

CN¥10.01

Change (1 day)

+1.52%

52-Week Range

CN¥9.12 - CN¥11.17

All Time High

CN¥17.03