Panda Financial Holding Corp Ltd (600599) - Net Assets
Based on the latest financial reports, Panda Financial Holding Corp Ltd (600599) has net assets worth CN¥83.62 Million CNY (≈ $12.24 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¥293.79 Million ≈ $42.99 Million USD) and total liabilities (CN¥210.17 Million ≈ $30.75 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 tangible net worth ratio of Panda Financial Holding Corp Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥83.62 Million |
| % of Total Assets | 28.46% |
| Annual Growth Rate | 3.52% |
| 5-Year Change | -89.42% |
| 10-Year Change | -89.77% |
| Growth Volatility | 64.88 |
Panda Financial Holding Corp Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Panda Financial Holding Corp Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Panda Financial Holding Corp Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Panda Financial Holding Corp Ltd (1998–2025)
The table below shows the annual net assets of Panda Financial Holding Corp Ltd from 1998 to 2025. For live valuation and market cap data, see Panda Financial Holding Corp Ltd (600599) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥74.29 Million ≈ $10.87 Million |
+26.15% |
| 2024-12-31 | CN¥58.89 Million ≈ $8.62 Million |
-90.12% |
| 2023-12-31 | CN¥596.23 Million ≈ $87.25 Million |
-24.27% |
| 2022-12-31 | CN¥787.30 Million ≈ $115.21 Million |
+12.16% |
| 2021-12-31 | CN¥701.96 Million ≈ $102.72 Million |
+12.30% |
| 2020-12-31 | CN¥625.09 Million ≈ $91.47 Million |
+7.97% |
| 2019-12-31 | CN¥578.97 Million ≈ $84.72 Million |
-13.82% |
| 2018-12-31 | CN¥671.81 Million ≈ $98.31 Million |
-9.51% |
| 2017-12-31 | CN¥742.45 Million ≈ $108.64 Million |
+2.24% |
| 2016-12-31 | CN¥726.21 Million ≈ $106.27 Million |
+2.99% |
| 2015-12-31 | CN¥705.10 Million ≈ $103.18 Million |
+1.02% |
| 2014-12-31 | CN¥697.97 Million ≈ $102.13 Million |
+5.69% |
| 2013-12-31 | CN¥660.41 Million ≈ $96.64 Million |
+151.27% |
| 2012-12-31 | CN¥262.83 Million ≈ $38.46 Million |
+3.53% |
| 2011-12-31 | CN¥253.86 Million ≈ $37.15 Million |
+1.84% |
| 2010-12-31 | CN¥249.28 Million ≈ $36.48 Million |
-5.25% |
| 2009-12-31 | CN¥263.09 Million ≈ $38.50 Million |
+16.36% |
| 2008-12-31 | CN¥226.10 Million ≈ $33.09 Million |
+8.97% |
| 2007-12-31 | CN¥207.49 Million ≈ $30.36 Million |
+12.34% |
| 2006-12-31 | CN¥184.70 Million ≈ $27.03 Million |
-22.40% |
| 2005-12-31 | CN¥238.01 Million ≈ $34.83 Million |
-28.51% |
| 2004-12-31 | CN¥332.93 Million ≈ $48.72 Million |
+2.61% |
| 2003-12-31 | CN¥324.45 Million ≈ $47.48 Million |
-3.84% |
| 2002-12-31 | CN¥337.40 Million ≈ $49.37 Million |
+22.90% |
| 2001-12-31 | CN¥274.54 Million ≈ $40.17 Million |
+254.30% |
| 2000-12-31 | CN¥77.49 Million ≈ $11.34 Million |
+5.49% |
| 1999-12-31 | CN¥73.46 Million ≈ $10.75 Million |
+151.59% |
| 1998-12-31 | CN¥29.20 Million ≈ $4.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Panda Financial Holding Corp 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 decreased by 58230636271.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥700.43 Million | 603.11% |
| Total Equity | CN¥116.14 Million | 100.00% |
Panda Financial Holding Corp Ltd Competitors by Market Cap
The table below lists competitors of Panda Financial Holding Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genetic Signatures Ltd
AU:GSS
|
$10.45 Million |
|
Garibaldi Resources Corp.
V:GGI
|
$10.45 Million |
|
pferdewetten.de AG
XETRA:EMH
|
$10.45 Million |
|
Pertama Digital Berhad
KLSE:8532
|
$10.45 Million |
|
Kohinoor Foods Limited
NSE:KOHINOOR
|
$10.44 Million |
|
Bytes Technology Ltd
LSE:BYIT
|
$10.44 Million |
|
Noble Mineral Exploration Inc
V:NOB
|
$10.44 Million |
|
Sadbhav Infrastructure Project Limited
NSE:SADBHIN
|
$10.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panda Financial Holding Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 102,369,060 to 116,137,116, a change of 13,768,056 (13.4%).
- Net income of 14,384,503 contributed positively to equity growth.
- Dividend payments of 4,587,964 reduced retained earnings.
- Other comprehensive income decreased equity by 43,222,735.
- Other factors increased equity by 47,194,252.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥14.38 Million | +12.39% |
| Dividends Paid | CN¥4.59 Million | -3.95% |
| Other Comprehensive Income | CN¥-43.22 Million | -37.22% |
| Other Changes | CN¥47.19 Million | +40.64% |
| Total Change | CN¥- | 13.45% |
Book Value vs Market Value Analysis
This analysis compares Panda Financial Holding Corp 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: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.85x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.23 | CN¥0.43 | x |
| 1999-12-31 | CN¥0.58 | CN¥0.43 | x |
| 2000-12-31 | CN¥0.62 | CN¥0.43 | x |
| 2001-12-31 | CN¥2.16 | CN¥0.43 | x |
| 2002-12-31 | CN¥2.22 | CN¥0.43 | x |
| 2003-12-31 | CN¥2.18 | CN¥0.43 | x |
| 2004-12-31 | CN¥2.22 | CN¥0.43 | x |
| 2005-12-31 | CN¥1.52 | CN¥0.43 | x |
| 2006-12-31 | CN¥1.48 | CN¥0.43 | x |
| 2007-12-31 | CN¥1.63 | CN¥0.43 | x |
| 2008-12-31 | CN¥1.73 | CN¥0.43 | x |
| 2009-12-31 | CN¥1.82 | CN¥0.43 | x |
| 2010-12-31 | CN¥1.94 | CN¥0.43 | x |
| 2011-12-31 | CN¥2.01 | CN¥0.43 | x |
| 2012-12-31 | CN¥2.07 | CN¥0.43 | x |
| 2013-12-31 | CN¥4.69 | CN¥0.43 | x |
| 2014-12-31 | CN¥4.45 | CN¥0.43 | x |
| 2015-12-31 | CN¥4.23 | CN¥0.43 | x |
| 2016-12-31 | CN¥4.13 | CN¥0.43 | x |
| 2017-12-31 | CN¥4.33 | CN¥0.43 | x |
| 2018-12-31 | CN¥4.03 | CN¥0.43 | x |
| 2019-12-31 | CN¥3.49 | CN¥0.43 | x |
| 2020-12-31 | CN¥3.79 | CN¥0.43 | x |
| 2021-12-31 | CN¥4.16 | CN¥0.43 | x |
| 2022-12-31 | CN¥4.70 | CN¥0.43 | x |
| 2023-12-31 | CN¥3.48 | CN¥0.43 | x |
| 2024-12-31 | CN¥0.62 | CN¥0.43 | x |
| 2025-12-31 | CN¥0.70 | CN¥0.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panda Financial Holding Corp 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): 12.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.84%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 2.84x
- Recent ROE (12.39%) is above the historical average (-14.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 29.56% | 4.64% | 1.98x | 3.22x | CN¥5.71 Million |
| 1999 | 14.29% | 4.46% | 1.64x | 1.96x | CN¥3.15 Million |
| 2000 | 15.30% | 5.92% | 1.52x | 1.70x | CN¥4.11 Million |
| 2001 | 6.56% | 9.02% | 0.56x | 1.29x | CN¥-9.35 Million |
| 2002 | 7.24% | 7.32% | 0.54x | 1.84x | CN¥-7.70 Million |
| 2003 | 0.37% | 0.31% | 0.59x | 1.99x | CN¥-26.32 Million |
| 2004 | 0.76% | 0.57% | 0.69x | 1.96x | CN¥-25.76 Million |
| 2005 | -44.85% | -31.54% | 0.56x | 2.53x | CN¥-104.94 Million |
| 2006 | -2.76% | -3.55% | 0.54x | 1.43x | CN¥-23.52 Million |
| 2007 | 10.10% | 12.49% | 0.57x | 1.42x | CN¥206.63K |
| 2008 | 6.24% | 7.88% | 0.50x | 1.59x | CN¥-8.21 Million |
| 2009 | 4.51% | 5.93% | 0.38x | 1.99x | CN¥-12.49 Million |
| 2010 | 6.66% | 7.87% | 0.39x | 2.16x | CN¥-8.16 Million |
| 2011 | 3.44% | 4.12% | 0.38x | 2.21x | CN¥-16.46 Million |
| 2012 | 3.44% | 3.51% | 0.46x | 2.15x | CN¥-17.08 Million |
| 2013 | 1.92% | 7.80% | 0.18x | 1.35x | CN¥-53.24 Million |
| 2014 | 1.80% | 6.70% | 0.21x | 1.30x | CN¥-57.04 Million |
| 2015 | 2.84% | 6.73% | 0.34x | 1.23x | CN¥-50.32 Million |
| 2016 | 2.90% | 6.20% | 0.28x | 1.68x | CN¥-50.65 Million |
| 2017 | 2.77% | 5.85% | 0.27x | 1.75x | CN¥-52.31 Million |
| 2018 | -8.19% | -19.43% | 0.30x | 1.40x | CN¥-122.23 Million |
| 2019 | -16.05% | -68.39% | 0.18x | 1.30x | CN¥-150.83 Million |
| 2020 | 7.38% | 26.33% | 0.22x | 1.26x | CN¥-16.38 Million |
| 2021 | 10.32% | 24.88% | 0.31x | 1.32x | CN¥2.26 Million |
| 2022 | 11.48% | 27.44% | 0.33x | 1.26x | CN¥11.63 Million |
| 2023 | -36.82% | -93.00% | 0.29x | 1.38x | CN¥-270.05 Million |
| 2024 | -463.48% | -146.50% | 1.04x | 3.06x | CN¥-484.70 Million |
| 2025 | 12.39% | 5.84% | 0.75x | 2.84x | CN¥2.77 Million |
Industry Comparison
This section compares Panda Financial Holding Corp Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $6,824,270,219
- Average return on equity (ROE) among peers: 7.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panda Financial Holding Corp Ltd (600599) | CN¥83.62 Million | 29.56% | 2.51x | $10.45 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $250.39 Million | 11.63% | 0.63x | $393.38 Million |
| Hengyi Petrochemical Co Ltd (000703) | $30.73 Billion | 0.76% | 2.50x | $7.16 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.46 Billion | 0.97% | 0.82x | $780.64 Million |
| Luxi Chemical Group Co Ltd (000830) | $907.97 Million | 6.56% | 1.10x | $3.49 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.20 Billion | 4.63% | 0.08x | $9.27 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.57 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $10.80 Billion | 5.49% | 0.90x | $1.28 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $268.26 Million | 17.39% | 2.70x | $731.03 Million |
| Zhejiang Transfar Co Ltd (002010) | $17.96 Billion | 12.52% | 1.28x | $1.97 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.27 Billion | 9.70% | 2.43x | $473.70 Million |
About Panda Financial Holding Corp Ltd
Panda Financial Holding Corp., Ltd. engages in the granting micro-loans to individuals and enterprises in China. The company is involved in the sale of fireworks and firecrackers. It also exports its firework and firecracker products; engages in wholesale retail, and store franchising. Panda Financial Holding Corp., Ltd. was founded in 1989 and is based in Liuyang, China.