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¥73.42 Million CNY (≈ $10.74 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¥257.86 Million ≈ $37.73 Million USD) and total liabilities (CN¥184.45 Million ≈ $26.99 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 financial resilience of Panda Financial Holding Corp Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥73.42 Million |
| % of Total Assets | 28.47% |
| Annual Growth Rate | 2.74% |
| 5-Year Change | -90.58% |
| 10-Year Change | -91.65% |
| Growth Volatility | 66.1 |
Panda Financial Holding Corp Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Panda Financial Holding Corp Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600599 asset base for the complete picture of this company's asset base.
Annual Net Assets for Panda Financial Holding Corp Ltd (1998–2024)
The table below shows the annual net assets of Panda Financial Holding Corp Ltd from 1998 to 2024. For live valuation and market cap data, see Panda Financial Holding Corp Ltd (600599) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
-- |
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 59669086576.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥166.00 Million | 162.16% |
| Other Comprehensive Income | CN¥43.22 Million | 42.22% |
| Other Components | CN¥491.83 Million | 480.45% |
| Total Equity | CN¥102.37 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 |
|---|---|
|
New Delhi Television Limited
NSE:NDTV
|
$95.95 Million |
|
ALT5 Sigma Corporation
NASDAQ:ALTS
|
$96.02 Million |
|
BioPorto
CO:BIOPOR
|
$96.05 Million |
|
Media Prima Bhd
KLSE:4502
|
$96.08 Million |
|
Afluente Transmissão de Energia Elétrica S.A
SA:AFLT3
|
$95.93 Million |
|
Vivani Medical Inc.
NASDAQ:VANI
|
$95.82 Million |
|
T.K.S. Technologies Public Company Limited
BK:TKS
|
$95.82 Million |
|
Rand Mining Ltd
AU:RND
|
$95.78 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 2023 to 2024, total equity changed from 576,831,185 to 102,369,060, a change of -474,462,125 (-82.3%).
- Net loss of 474,462,124 reduced equity.
- Dividend payments of 5,422,351 reduced retained earnings.
- Other factors increased equity by 5,422,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-474.46 Million | -463.48% |
| Dividends Paid | CN¥5.42 Million | -5.3% |
| Other Changes | CN¥5.42 Million | +5.3% |
| Total Change | CN¥- | -82.25% |
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: 6.40x
- 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 16.99x to 6.40x 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¥3.95 | x |
| 1999-12-31 | CN¥0.58 | CN¥3.95 | x |
| 2000-12-31 | CN¥0.62 | CN¥3.95 | x |
| 2001-12-31 | CN¥2.16 | CN¥3.95 | x |
| 2002-12-31 | CN¥2.22 | CN¥3.95 | x |
| 2003-12-31 | CN¥2.18 | CN¥3.95 | x |
| 2004-12-31 | CN¥2.22 | CN¥3.95 | x |
| 2005-12-31 | CN¥1.52 | CN¥3.95 | x |
| 2006-12-31 | CN¥1.48 | CN¥3.95 | x |
| 2007-12-31 | CN¥1.63 | CN¥3.95 | x |
| 2008-12-31 | CN¥1.73 | CN¥3.95 | x |
| 2009-12-31 | CN¥1.82 | CN¥3.95 | x |
| 2010-12-31 | CN¥1.94 | CN¥3.95 | x |
| 2011-12-31 | CN¥2.01 | CN¥3.95 | x |
| 2012-12-31 | CN¥2.07 | CN¥3.95 | x |
| 2013-12-31 | CN¥4.69 | CN¥3.95 | x |
| 2014-12-31 | CN¥4.45 | CN¥3.95 | x |
| 2015-12-31 | CN¥4.23 | CN¥3.95 | x |
| 2016-12-31 | CN¥4.13 | CN¥3.95 | x |
| 2017-12-31 | CN¥4.33 | CN¥3.95 | x |
| 2018-12-31 | CN¥4.03 | CN¥3.95 | x |
| 2019-12-31 | CN¥3.49 | CN¥3.95 | x |
| 2020-12-31 | CN¥3.77 | CN¥3.95 | x |
| 2021-12-31 | CN¥4.20 | CN¥3.95 | x |
| 2022-12-31 | CN¥4.74 | CN¥3.95 | x |
| 2023-12-31 | CN¥3.48 | CN¥3.95 | x |
| 2024-12-31 | CN¥0.62 | CN¥3.95 | 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): -463.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -146.50%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 3.06x
- Recent ROE (-463.48%) is below the historical average (-15.64%), suggesting potential challenges in 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 |
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: $6,515,935,693
- Average return on equity (ROE) among peers: 10.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panda Financial Holding Corp Ltd (600599) | CN¥73.42 Million | 29.56% | 2.51x | $95.95 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $672.68 Million | 30.27% | 1.18x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $7.37 Billion | 5.79% | 2.23x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $18.07 Billion | 25.56% | 0.78x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $5.03 Billion | 8.31% | 0.10x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.06 Billion | 0.44% | 0.74x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $12.51 Billion | 8.46% | 0.45x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.89 Billion | 14.40% | 0.47x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $12.50 Billion | 3.75% | 0.93x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $4.96 Billion | 3.24% | 2.27x | $605.40 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.