Fujian Longxi Bearing Group Co Ltd (600592) - Net Assets
Based on the latest financial reports, Fujian Longxi Bearing Group Co Ltd (600592) has net assets worth CN¥2.59 Billion CNY (≈ $378.78 Million 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¥3.43 Billion ≈ $501.74 Million USD) and total liabilities (CN¥840.32 Million ≈ $122.96 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 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.59 Billion |
| % of Total Assets | 75.49% |
| Annual Growth Rate | 11.11% |
| 5-Year Change | 12.91% |
| 10-Year Change | 34.61% |
| Growth Volatility | 26.96 |
Fujian Longxi Bearing Group Co Ltd - Net Assets Trend (1999–2025)
This chart illustrates how Fujian Longxi Bearing Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Fujian Longxi Bearing Group Co Ltd market capitalisation.
Annual Net Assets for Fujian Longxi Bearing Group Co Ltd (1999–2025)
The table below shows the annual net assets of Fujian Longxi Bearing Group Co Ltd from 1999 to 2025. Also explore 600592 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.59 Billion ≈ $378.77 Million |
+5.25% |
| 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 |
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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 83811.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.28 Billion | 49.46% |
| Other Components | CN¥1.31 Billion | 50.54% |
| Total Equity | CN¥2.59 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 |
|---|---|
|
Aussie Broadband Ltd
AU:ABB
|
$857.37 Million |
|
Beijing Qianjing Landscape Co
SHG:603778
|
$857.67 Million |
|
Guangzhou Automobile Group Co. Ltd
F:02G
|
$857.80 Million |
|
Ubisoft Entertainment
PA:UBI
|
$857.82 Million |
|
TeamViewer AG
F:TMV
|
$857.02 Million |
|
Truking Technology Ltd
SHE:300358
|
$857.01 Million |
|
CHINA RISUN GROUP HD-10
F:45Y
|
$856.94 Million |
|
Jiangsu Changbao Steeltube Co Ltd
SHE:002478
|
$856.80 Million |
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 2024 to 2025, total equity changed from 2,458,181,021 to 2,585,507,077, a change of 127,326,056 (5.2%).
- Net income of 168,563,333 contributed positively to equity growth.
- Dividend payments of 60,709,660 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥168.56 Million | +6.52% |
| Dividends Paid | CN¥60.71 Million | -2.35% |
| Other Changes | CN¥19.47 Million | +0.75% |
| Total Change | CN¥- | 5.18% |
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: 2.27x
- 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 26.26x to 2.27x 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¥14.66 | x |
| 2000-12-31 | CN¥0.57 | CN¥14.66 | x |
| 2001-12-31 | CN¥0.67 | CN¥14.66 | x |
| 2002-12-31 | CN¥1.62 | CN¥14.66 | x |
| 2003-12-31 | CN¥1.76 | CN¥14.66 | x |
| 2004-12-31 | CN¥1.83 | CN¥14.66 | x |
| 2005-12-31 | CN¥1.97 | CN¥14.66 | x |
| 2006-12-31 | CN¥2.11 | CN¥14.66 | x |
| 2007-12-31 | CN¥2.39 | CN¥14.66 | x |
| 2008-12-31 | CN¥2.55 | CN¥14.66 | x |
| 2009-12-31 | CN¥2.67 | CN¥14.66 | x |
| 2010-12-31 | CN¥3.86 | CN¥14.66 | x |
| 2011-12-31 | CN¥3.89 | CN¥14.66 | x |
| 2012-12-31 | CN¥4.26 | CN¥14.66 | x |
| 2013-12-31 | CN¥5.13 | CN¥14.66 | x |
| 2014-12-31 | CN¥5.66 | CN¥14.66 | x |
| 2015-12-31 | CN¥5.17 | CN¥14.66 | x |
| 2016-12-31 | CN¥4.73 | CN¥14.66 | x |
| 2017-12-31 | CN¥4.75 | CN¥14.66 | x |
| 2018-12-31 | CN¥4.59 | CN¥14.66 | x |
| 2019-12-31 | CN¥4.86 | CN¥14.66 | x |
| 2020-12-31 | CN¥5.13 | CN¥14.66 | x |
| 2021-12-31 | CN¥5.72 | CN¥14.66 | x |
| 2022-12-31 | CN¥5.59 | CN¥14.66 | x |
| 2023-12-31 | CN¥5.99 | CN¥14.66 | x |
| 2024-12-31 | CN¥6.08 | CN¥14.66 | x |
| 2025-12-31 | CN¥6.47 | CN¥14.66 | 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): 6.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.52%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.34x
- Recent ROE (6.52%) is below the historical average (7.98%), 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 |
| 2025 | 6.52% | 12.52% | 0.39x | 1.34x | CN¥-89.99 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: $2,591,273,151
- Average return on equity (ROE) among peers: -6.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Longxi Bearing Group Co Ltd (600592) | CN¥2.59 Billion | 12.67% | 0.32x | $857.13 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $697.65 Million |
| Shenyang Machine Tool Co Ltd (000410) | $2.26 Billion | -28.24% | 8.87x | $1.96 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $10.46 Billion | 0.40% | 0.84x | $3.09 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.78 Billion | 4.42% | 0.52x | $451.69 Million |
| Changchai Co Ltd (000570) | $1.76 Billion | 3.01% | 0.63x | $421.21 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $548.85 Million | -73.31% | 6.48x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $292.46 Million | 7.04% | 2.58x | $873.10 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.66 Billion | 7.22% | 0.76x | $924.07 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $738.00 Million | 11.68% | 0.18x | $673.57 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $6.33 Billion | 0.84% | 0.59x | $1.43 Billion |
About Fujian Longxi Bearing Group Co Ltd
Fujian Longxi Bearing (Group) Co., Ltd, research, develops, produces and sells spherical plain bearings, tapered roller bearings, gears / transmissions, and related mechanical parts in China and internationally. It operates through four segments: Bearing Products, Gearbox, Metal Materials Trading and Sales, and Others. The company provides radial, angular contact, and thrust spherical plain beari… Read more