Fujian Longxi Bearing Group Co Ltd (600592) - Net Assets

Latest as of September 2025: CN¥2.61 Billion CNY ≈ $382.42 Million USD

Based on the latest financial reports, Fujian Longxi Bearing Group Co Ltd (600592) has net assets worth CN¥2.61 Billion CNY (≈ $382.42 Million 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¥3.46 Billion ≈ $506.90 Million USD) and total liabilities (CN¥850.66 Million ≈ $124.48 Million 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 600592 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.61 Billion
% of Total Assets	75.44%
Annual Growth Rate	11.35%
5-Year Change	18.7%
10-Year Change	17.22%
Growth Volatility	27.44

Fujian Longxi Bearing Group Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how Fujian Longxi Bearing Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600592 asset base for the complete picture of this company's asset base.

Annual Net Assets for Fujian Longxi Bearing Group Co Ltd (1999–2024)

The table below shows the annual net assets of Fujian Longxi Bearing Group Co Ltd from 1999 to 2024. For live valuation and market cap data, see 600592 market cap.

Year	Net Assets	Change
2024-12-31	CN¥2.46 Billion ≈ $359.87 Million	+3.07%
2023-12-31	CN¥2.39 Billion ≈ $349.14 Million	+7.26%
2022-12-31	CN¥2.22 Billion ≈ $325.52 Million	-2.96%
2021-12-31	CN¥2.29 Billion ≈ $335.45 Million	+10.64%
2020-12-31	CN¥2.07 Billion ≈ $303.18 Million	+5.08%
2019-12-31	CN¥1.97 Billion ≈ $288.53 Million	+5.76%
2018-12-31	CN¥1.86 Billion ≈ $272.83 Million	-3.53%
2017-12-31	CN¥1.93 Billion ≈ $282.79 Million	+0.50%
2016-12-31	CN¥1.92 Billion ≈ $281.39 Million	-8.34%
2015-12-31	CN¥2.10 Billion ≈ $307.00 Million	-9.99%
2014-12-31	CN¥2.33 Billion ≈ $341.07 Million	+21.74%
2013-12-31	CN¥1.91 Billion ≈ $280.15 Million	+41.35%
2012-12-31	CN¥1.35 Billion ≈ $198.20 Million	+15.08%
2011-12-31	CN¥1.18 Billion ≈ $172.23 Million	-0.63%
2010-12-31	CN¥1.18 Billion ≈ $173.31 Million	+42.87%
2009-12-31	CN¥828.99 Million ≈ $121.31 Million	+5.95%
2008-12-31	CN¥782.40 Million ≈ $114.49 Million	+4.97%
2007-12-31	CN¥745.35 Million ≈ $109.07 Million	+13.90%
2006-12-31	CN¥654.39 Million ≈ $95.76 Million	+6.63%
2005-12-31	CN¥613.73 Million ≈ $89.81 Million	+8.68%
2004-12-31	CN¥564.69 Million ≈ $82.63 Million	+4.21%
2003-12-31	CN¥541.87 Million ≈ $79.29 Million	+8.89%
2002-12-31	CN¥497.62 Million ≈ $72.82 Million	+133.14%
2001-12-31	CN¥213.44 Million ≈ $31.23 Million	+24.73%
2000-12-31	CN¥171.13 Million ≈ $25.04 Million	+2.20%
1999-12-31	CN¥167.44 Million ≈ $24.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Fujian Longxi Bearing Group 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 74979.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.14 Billion	46.55%
Common Stock	CN¥399.55 Million	16.25%
Other Components	CN¥914.46 Million	37.20%
Total Equity	CN¥2.46 Billion	100.00%

Fujian Longxi Bearing Group Co Ltd Competitors by Market Cap

The table below lists competitors of Fujian Longxi Bearing Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Jiangsu Kanion Pharmaceutical Co Ltd SHG:600557	$1.12 Billion
The South Indian Bank Limited NSE:SOUTHBANK	$1.12 Billion
Dezhan HealthCare Co Ltd SHE:000813	$1.12 Billion
Montnets Cloud Technology Group Co Ltd SHE:002123	$1.12 Billion
Intellect Design Arena Limited NSE:INTELLECT	$1.12 Billion
Wavestone S.A. PA:WAVE	$1.12 Billion
Feng Hsin Steel Co Ltd TW:2015	$1.12 Billion
Hubei Tech Semiconductors Co SHE:300046	$1.12 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,400,944,979 to 2,458,181,021, a change of 57,236,042 (2.4%).
Net income of 125,311,871 contributed positively to equity growth.
Dividend payments of 55,498,345 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥125.31 Million	+5.1%
Dividends Paid	CN¥55.50 Million	-2.26%
Other Changes	CN¥-12.58 Million	-0.51%
Total Change	CN¥-	2.38%

Book Value vs Market Value Analysis

This analysis compares Fujian Longxi Bearing Group 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: 3.14x
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 34.19x to 3.14x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1999-12-31	CN¥0.56	CN¥19.09	x
2000-12-31	CN¥0.57	CN¥19.09	x
2001-12-31	CN¥0.67	CN¥19.09	x
2002-12-31	CN¥1.62	CN¥19.09	x
2003-12-31	CN¥1.76	CN¥19.09	x
2004-12-31	CN¥1.83	CN¥19.09	x
2005-12-31	CN¥1.97	CN¥19.09	x
2006-12-31	CN¥2.11	CN¥19.09	x
2007-12-31	CN¥2.39	CN¥19.09	x
2008-12-31	CN¥2.55	CN¥19.09	x
2009-12-31	CN¥2.67	CN¥19.09	x
2010-12-31	CN¥3.86	CN¥19.09	x
2011-12-31	CN¥3.89	CN¥19.09	x
2012-12-31	CN¥4.26	CN¥19.09	x
2013-12-31	CN¥5.13	CN¥19.09	x
2014-12-31	CN¥5.66	CN¥19.09	x
2015-12-31	CN¥5.17	CN¥19.09	x
2016-12-31	CN¥4.73	CN¥19.09	x
2017-12-31	CN¥4.75	CN¥19.09	x
2018-12-31	CN¥4.59	CN¥19.09	x
2019-12-31	CN¥4.86	CN¥19.09	x
2020-12-31	CN¥5.13	CN¥19.09	x
2021-12-31	CN¥5.72	CN¥19.09	x
2022-12-31	CN¥5.59	CN¥19.09	x
2023-12-31	CN¥5.99	CN¥19.09	x
2024-12-31	CN¥6.08	CN¥19.09	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fujian Longxi Bearing Group 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): 5.10%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.05%
• Asset Turnover: 0.49x
• Equity Multiplier: 1.48x
Recent ROE (5.10%) is below the historical average (8.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1999	12.67%	20.71%	0.41x	1.49x	CN¥4.47 Million
2000	13.73%	22.38%	0.35x	1.75x	CN¥6.39 Million
2001	14.77%	17.70%	0.48x	1.74x	CN¥9.62 Million
2002	5.57%	14.26%	0.31x	1.27x	CN¥-21.52 Million
2003	7.62%	13.72%	0.43x	1.28x	CN¥-12.56 Million
2004	9.20%	16.14%	0.46x	1.25x	CN¥-4.39 Million
2005	11.73%	15.14%	0.56x	1.38x	CN¥10.21 Million
2006	12.53%	15.30%	0.60x	1.37x	CN¥16.00 Million
2007	13.65%	17.02%	0.57x	1.41x	CN¥26.28 Million
2008	14.51%	17.62%	0.60x	1.38x	CN¥34.22 Million
2009	8.98%	15.69%	0.40x	1.42x	CN¥-8.20 Million
2010	8.02%	13.87%	0.39x	1.49x	CN¥-22.91 Million
2011	9.51%	13.13%	0.45x	1.60x	CN¥-5.66 Million
2012	7.52%	13.39%	0.34x	1.68x	CN¥-32.09 Million
2013	2.73%	7.20%	0.25x	1.51x	CN¥-135.41 Million
2014	2.12%	6.65%	0.24x	1.35x	CN¥-180.57 Million
2015	2.53%	8.72%	0.21x	1.36x	CN¥-154.44 Million
2016	3.27%	10.09%	0.23x	1.38x	CN¥-127.32 Million
2017	3.74%	7.98%	0.32x	1.48x	CN¥-118.95 Million
2018	4.78%	8.55%	0.39x	1.45x	CN¥-95.71 Million
2019	7.55%	15.47%	0.34x	1.42x	CN¥-47.62 Million
2020	7.29%	12.91%	0.39x	1.43x	CN¥-55.50 Million
2021	13.04%	20.78%	0.42x	1.51x	CN¥69.48 Million
2022	-0.27%	-0.35%	0.48x	1.60x	CN¥-229.21 Million
2023	7.01%	8.84%	0.52x	1.54x	CN¥-71.79 Million
2024	5.10%	7.05%	0.49x	1.48x	CN¥-120.51 Million

Industry Comparison

This section compares Fujian Longxi Bearing Group Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fujian Longxi Bearing Group Co Ltd (600592)	CN¥2.61 Billion	12.67%	0.33x	$1.12 Billion
Huayi Compressor Co Ltd (000404)	$4.89 Billion	8.55%	1.57x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$824.03 Million	-170.30%	29.09x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$319.51 Million	4.81%	0.48x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$3.45 Billion	2.58%	0.60x	$520.37 Million
Changchai Co Ltd (000570)	$3.36 Billion	2.28%	0.55x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$327.45 Million	-65.69%	8.93x	$32.29 Million
Baota Industry Co Ltd (000595)	$746.32 Million	-18.39%	0.62x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$280.92 Million	8.98%	0.50x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.30 Billion	-22.46%	1.14x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About Fujian Longxi Bearing Group Co Ltd

SHG:600592 China Specialty Industrial Machinery

Market Cap

$1.12 Billion

CN¥7.63 Billion CNY

Market Cap Rank

#8636 Global

#2264 in China

Share Price

CN¥19.09

Change (1 day)

+1.98%

52-Week Range

CN¥18.55 - CN¥30.88

All Time High

CN¥30.88