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

Latest as of March 2026: CN¥2.59 Billion CNY ≈ $378.78 Million USD

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

SHG:600592 China Specialty Industrial Machinery
Market Cap
$857.13 Million
CN¥5.86 Billion CNY
Market Cap Rank
#9618 Global
#2446 in China
Share Price
CN¥14.66
Change (1 day)
+1.66%
52-Week Range
CN¥12.76 - CN¥29.17
All Time High
CN¥30.88
About

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