Fujian Fynex Textile Science & Technology Co Ltd
Fujian Fynex Textile Science & Technology Co., Ltd. engages in the production and processing of knitting and woven colored fabrics in China. It is also involved in the bleaching and dyeing, spinning, dyeing, printing, processing, and selling of fabrics. In addition, the company offers cotton, polyester cotton, polyester, acrylic, nylon, and viscose yarn. The company also exports its products to H… Read more
Fujian Fynex Textile Science & Technology Co Ltd (600493) - Net Assets
Latest net assets as of September 2025: CN¥1.12 Billion CNY
Based on the latest financial reports, Fujian Fynex Textile Science & Technology Co Ltd (600493) has net assets worth CN¥1.12 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¥1.78 Billion) and total liabilities (CN¥657.74 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¥1.12 Billion |
| % of Total Assets | 63.08% |
| Annual Growth Rate | 10.14% |
| 5-Year Change | 46.57% |
| 10-Year Change | 75.67% |
| Growth Volatility | 35.22 |
Fujian Fynex Textile Science & Technology Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Fujian Fynex Textile Science & 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 Fujian Fynex Textile Science & Technology Co Ltd (2000–2024)
The table below shows the annual net assets of Fujian Fynex Textile Science & Technology Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.12 Billion | +2.00% |
| 2023-12-31 | CN¥1.10 Billion | +30.78% |
| 2022-12-31 | CN¥842.67 Million | +0.86% |
| 2021-12-31 | CN¥835.45 Million | +8.93% |
| 2020-12-31 | CN¥766.93 Million | +3.23% |
| 2019-12-31 | CN¥742.96 Million | +3.32% |
| 2018-12-31 | CN¥719.11 Million | +3.22% |
| 2017-12-31 | CN¥696.67 Million | +0.84% |
| 2016-12-31 | CN¥690.88 Million | +7.97% |
| 2015-12-31 | CN¥639.90 Million | +1.20% |
| 2014-12-31 | CN¥632.34 Million | +0.73% |
| 2013-12-31 | CN¥627.76 Million | +1.38% |
| 2012-12-31 | CN¥619.20 Million | +1.99% |
| 2011-12-31 | CN¥607.11 Million | -4.00% |
| 2010-12-31 | CN¥632.39 Million | +13.78% |
| 2009-12-31 | CN¥555.82 Million | +1.99% |
| 2008-12-31 | CN¥544.96 Million | -3.13% |
| 2007-12-31 | CN¥562.60 Million | +0.66% |
| 2006-12-31 | CN¥558.91 Million | +1.51% |
| 2005-12-31 | CN¥550.57 Million | +3.77% |
| 2004-12-31 | CN¥530.55 Million | +177.13% |
| 2003-12-31 | CN¥191.45 Million | +20.86% |
| 2002-12-31 | CN¥158.40 Million | +23.67% |
| 2001-12-31 | CN¥128.09 Million | +15.68% |
| 2000-12-31 | CN¥110.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Fynex Textile Science & 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 51776384808.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥517.15 Million | 46.01% |
| Common Stock | CN¥272.00 Million | 24.20% |
| Other Components | CN¥334.93 Million | 29.80% |
| Total Equity | CN¥1.12 Billion | 100.00% |
Fujian Fynex Textile Science & Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Fynex Textile Science & Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vista Group International Ltd
AU:VGL
|
$192.23 Million |
|
Sino-Argi Leading Biosciences
SHG:603970
|
$192.25 Million |
|
D&L Industries Inc
PINK:DALQF
|
$192.30 Million |
|
Evans Bancorp Inc
NYSE MKT:EVBN
|
$192.32 Million |
|
FDC Limited
NSE:FDC
|
$192.18 Million |
|
United Arrows Ltd.
PINK:UTDAY
|
$192.13 Million |
|
Indigo Paints Limited
NSE:INDIGOPNTS
|
$192.13 Million |
|
Dentium
KO:145720
|
$192.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Fynex Textile Science & Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,102,060,393 to 1,124,084,398, a change of 22,024,005 (2.0%).
- Net income of 53,174,057 contributed positively to equity growth.
- Dividend payments of 31,332,993 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥53.17 Million | +4.73% |
| Dividends Paid | CN¥31.33 Million | -2.79% |
| Other Changes | CN¥182.94K | +0.02% |
| Total Change | CN¥- | 2.00% |
Book Value vs Market Value Analysis
This analysis compares Fujian Fynex Textile Science & 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: 1.87x
- 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 18.96x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.41 | CN¥7.72 | x |
| 2001-12-31 | CN¥0.47 | CN¥7.72 | x |
| 2002-12-31 | CN¥0.58 | CN¥7.72 | x |
| 2003-12-31 | CN¥0.70 | CN¥7.72 | x |
| 2004-12-31 | CN¥1.95 | CN¥7.72 | x |
| 2005-12-31 | CN¥2.00 | CN¥7.72 | x |
| 2006-12-31 | CN¥2.05 | CN¥7.72 | x |
| 2007-12-31 | CN¥2.07 | CN¥7.72 | x |
| 2008-12-31 | CN¥1.99 | CN¥7.72 | x |
| 2009-12-31 | CN¥2.04 | CN¥7.72 | x |
| 2010-12-31 | CN¥2.32 | CN¥7.72 | x |
| 2011-12-31 | CN¥2.23 | CN¥7.72 | x |
| 2012-12-31 | CN¥2.27 | CN¥7.72 | x |
| 2013-12-31 | CN¥2.31 | CN¥7.72 | x |
| 2014-12-31 | CN¥2.32 | CN¥7.72 | x |
| 2015-12-31 | CN¥2.35 | CN¥7.72 | x |
| 2016-12-31 | CN¥2.54 | CN¥7.72 | x |
| 2017-12-31 | CN¥2.56 | CN¥7.72 | x |
| 2018-12-31 | CN¥2.64 | CN¥7.72 | x |
| 2019-12-31 | CN¥2.73 | CN¥7.72 | x |
| 2020-12-31 | CN¥2.82 | CN¥7.72 | x |
| 2021-12-31 | CN¥3.07 | CN¥7.72 | x |
| 2022-12-31 | CN¥3.10 | CN¥7.72 | x |
| 2023-12-31 | CN¥4.05 | CN¥7.72 | x |
| 2024-12-31 | CN¥4.13 | CN¥7.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Fynex Textile Science & 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): 4.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.72%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.48x
- Recent ROE (4.73%) is below the historical average (7.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 13.51% | 10.52% | 0.72x | 1.79x | CN¥3.89 Million |
| 2001 | 17.85% | 11.91% | 0.87x | 1.72x | CN¥10.06 Million |
| 2002 | 18.62% | 12.08% | 0.77x | 1.99x | CN¥13.65 Million |
| 2003 | 17.26% | 11.72% | 0.70x | 2.10x | CN¥13.90 Million |
| 2004 | 7.01% | 10.78% | 0.58x | 1.12x | CN¥-15.88 Million |
| 2005 | 8.83% | 10.31% | 0.65x | 1.31x | CN¥-6.39 Million |
| 2006 | 8.64% | 8.83% | 0.65x | 1.50x | CN¥-7.61 Million |
| 2007 | 6.57% | 5.50% | 0.60x | 1.98x | CN¥-19.28 Million |
| 2008 | 0.95% | 0.72% | 0.65x | 2.02x | CN¥-49.07 Million |
| 2009 | 3.36% | 2.71% | 0.63x | 1.95x | CN¥-36.91 Million |
| 2010 | 14.80% | 10.12% | 0.68x | 2.16x | CN¥30.33 Million |
| 2011 | -2.76% | -1.78% | 0.76x | 2.03x | CN¥-77.49 Million |
| 2012 | 1.95% | 1.43% | 0.66x | 2.07x | CN¥-49.83 Million |
| 2013 | 2.23% | 1.59% | 0.75x | 1.88x | CN¥-48.77 Million |
| 2014 | 1.58% | 1.29% | 0.71x | 1.72x | CN¥-53.22 Million |
| 2015 | 2.03% | 1.81% | 0.72x | 1.56x | CN¥-50.99 Million |
| 2016 | 8.17% | 7.40% | 0.75x | 1.47x | CN¥-12.67 Million |
| 2017 | 3.56% | 3.02% | 0.75x | 1.56x | CN¥-44.84 Million |
| 2018 | 4.26% | 3.05% | 0.73x | 1.91x | CN¥-41.31 Million |
| 2019 | 3.49% | 2.54% | 0.61x | 2.27x | CN¥-48.34 Million |
| 2020 | 3.86% | 2.82% | 0.55x | 2.49x | CN¥-47.07 Million |
| 2021 | 8.76% | 5.62% | 0.62x | 2.53x | CN¥-10.35 Million |
| 2022 | 3.07% | 2.25% | 0.56x | 2.44x | CN¥-58.42 Million |
| 2023 | 24.61% | 27.25% | 0.56x | 1.60x | CN¥161.04 Million |
| 2024 | 4.73% | 5.72% | 0.56x | 1.48x | CN¥-59.23 Million |
Industry Comparison
This section compares Fujian Fynex Textile Science & Technology Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Fynex Textile Science & Technology Co Ltd (600493) | CN¥1.12 Billion | 13.51% | 0.59x | $192.19 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |