Fujian Dongbai Group Co Ltd (600693) - Net Assets
Based on the latest financial reports, Fujian Dongbai Group Co Ltd (600693) has net assets worth CN¥4.59 Billion CNY (≈ $671.69 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¥14.74 Billion ≈ $2.16 Billion USD) and total liabilities (CN¥10.14 Billion ≈ $1.48 Billion 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 how tangible is Fujian Dongbai Group Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.59 Billion |
| % of Total Assets | 31.15% |
| Annual Growth Rate | 22.44% |
| 5-Year Change | 12.15% |
| 10-Year Change | 116.35% |
| Growth Volatility | 81.1 |
Fujian Dongbai Group Co Ltd - Net Assets Trend (1990–2025)
This chart illustrates how Fujian Dongbai Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Fujian Dongbai Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fujian Dongbai Group Co Ltd (1990–2025)
The table below shows the annual net assets of Fujian Dongbai Group Co Ltd from 1990 to 2025. For live valuation and market cap data, see 600693 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.52 Billion ≈ $660.93 Million |
+3.32% |
| 2024-12-31 | CN¥4.37 Billion ≈ $639.71 Million |
+2.73% |
| 2023-12-31 | CN¥4.26 Billion ≈ $622.69 Million |
+3.11% |
| 2022-12-31 | CN¥4.13 Billion ≈ $603.93 Million |
+2.48% |
| 2021-12-31 | CN¥4.03 Billion ≈ $589.33 Million |
-3.77% |
| 2020-12-31 | CN¥4.19 Billion ≈ $612.41 Million |
+47.56% |
| 2019-12-31 | CN¥2.84 Billion ≈ $415.02 Million |
+6.97% |
| 2018-12-31 | CN¥2.65 Billion ≈ $387.97 Million |
+6.65% |
| 2017-12-31 | CN¥2.49 Billion ≈ $363.77 Million |
+19.08% |
| 2016-12-31 | CN¥2.09 Billion ≈ $305.49 Million |
+11.19% |
| 2015-12-31 | CN¥1.88 Billion ≈ $274.74 Million |
+46.00% |
| 2014-12-31 | CN¥1.29 Billion ≈ $188.18 Million |
+11.44% |
| 2013-12-31 | CN¥1.15 Billion ≈ $168.86 Million |
+4.28% |
| 2012-12-31 | CN¥1.11 Billion ≈ $161.94 Million |
-0.80% |
| 2011-12-31 | CN¥1.12 Billion ≈ $163.24 Million |
+56.17% |
| 2010-12-31 | CN¥714.31 Million ≈ $104.53 Million |
+20.17% |
| 2009-12-31 | CN¥594.39 Million ≈ $86.98 Million |
+7.82% |
| 2008-12-31 | CN¥551.30 Million ≈ $80.67 Million |
+19.87% |
| 2007-12-31 | CN¥459.93 Million ≈ $67.30 Million |
+15.46% |
| 2006-12-31 | CN¥398.34 Million ≈ $58.29 Million |
+9.56% |
| 2005-12-31 | CN¥363.58 Million ≈ $53.20 Million |
-8.34% |
| 2004-12-31 | CN¥396.68 Million ≈ $58.05 Million |
+8.21% |
| 2003-12-31 | CN¥366.59 Million ≈ $53.64 Million |
+7.42% |
| 2002-12-31 | CN¥341.27 Million ≈ $49.94 Million |
+7.40% |
| 2001-12-31 | CN¥317.75 Million ≈ $46.50 Million |
-17.03% |
| 2000-12-31 | CN¥382.98 Million ≈ $56.04 Million |
-1.47% |
| 1999-12-31 | CN¥388.72 Million ≈ $56.88 Million |
+0.54% |
| 1998-12-31 | CN¥386.64 Million ≈ $56.58 Million |
+12.47% |
| 1997-12-31 | CN¥343.77 Million ≈ $50.31 Million |
-6.90% |
| 1996-12-31 | CN¥369.26 Million ≈ $54.03 Million |
+63.09% |
| 1995-12-31 | CN¥226.42 Million ≈ $33.13 Million |
+70.93% |
| 1994-12-31 | CN¥132.46 Million ≈ $19.38 Million |
+2.06% |
| 1993-12-31 | CN¥129.80 Million ≈ $18.99 Million |
+281.39% |
| 1992-12-31 | CN¥34.03 Million ≈ $4.98 Million |
+408.10% |
| 1991-12-31 | CN¥6.70 Million ≈ $980.15K |
+77.19% |
| 1990-12-31 | CN¥3.78 Million ≈ $553.17K |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Dongbai 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 224967576446.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.25 Billion | 63.13% |
| Other Components | CN¥1.31 Billion | 36.87% |
| Total Equity | CN¥3.56 Billion | 100.00% |
Fujian Dongbai Group Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Dongbai Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHOP APOTH. UNSP.ADR/010
F:SAE1
|
$1.07 Billion |
|
Fiskars Oyj Abp
HE:FSKRS
|
$1.07 Billion |
|
Insigma
SHG:600797
|
$1.07 Billion |
|
Charoen Pokphand Enterprise Taiwan Co Ltd
TW:1215
|
$1.07 Billion |
|
ADLINK Technology Inc
TW:6166
|
$1.07 Billion |
|
MAGYAR TELE.A ADR/5 UF100
F:MGYA
|
$1.07 Billion |
|
Shenzhen LeoKing Environmental Group Co. Ltd. A
SHE:301305
|
$1.07 Billion |
|
Zug Estates Holding AG
SW:ZUGN
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Dongbai Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,515,121,508 to 3,563,542,898, a change of 48,421,390 (1.4%).
- Net income of 45,763,062 contributed positively to equity growth.
- Dividend payments of 330,854,197 reduced retained earnings.
- Other comprehensive income decreased equity by 368,879,958.
- Other factors increased equity by 702,392,483.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥45.76 Million | +1.28% |
| Dividends Paid | CN¥330.85 Million | -9.28% |
| Other Comprehensive Income | CN¥-368.88 Million | -10.35% |
| Other Changes | CN¥702.39 Million | +19.71% |
| Total Change | CN¥- | 1.38% |
Book Value vs Market Value Analysis
This analysis compares Fujian Dongbai 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: 2.05x
- 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 1515.97x to 2.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | CN¥0.01 | CN¥8.38 | x |
| 1991-12-31 | CN¥0.01 | CN¥8.38 | x |
| 1992-12-31 | CN¥0.05 | CN¥8.38 | x |
| 1993-12-31 | CN¥0.19 | CN¥8.38 | x |
| 1994-12-31 | CN¥0.19 | CN¥8.38 | x |
| 1995-12-31 | CN¥0.33 | CN¥8.38 | x |
| 1996-12-31 | CN¥0.53 | CN¥8.38 | x |
| 1997-12-31 | CN¥0.50 | CN¥8.38 | x |
| 1998-12-31 | CN¥0.56 | CN¥8.38 | x |
| 1999-12-31 | CN¥0.57 | CN¥8.38 | x |
| 2000-12-31 | CN¥0.56 | CN¥8.38 | x |
| 2001-12-31 | CN¥0.47 | CN¥8.38 | x |
| 2002-12-31 | CN¥0.50 | CN¥8.38 | x |
| 2003-12-31 | CN¥0.54 | CN¥8.38 | x |
| 2004-12-31 | CN¥0.58 | CN¥8.38 | x |
| 2005-12-31 | CN¥0.55 | CN¥8.38 | x |
| 2006-12-31 | CN¥0.58 | CN¥8.38 | x |
| 2007-12-31 | CN¥0.67 | CN¥8.38 | x |
| 2008-12-31 | CN¥0.80 | CN¥8.38 | x |
| 2009-12-31 | CN¥0.86 | CN¥8.38 | x |
| 2010-12-31 | CN¥1.01 | CN¥8.38 | x |
| 2011-12-31 | CN¥1.48 | CN¥8.38 | x |
| 2012-12-31 | CN¥1.47 | CN¥8.38 | x |
| 2013-12-31 | CN¥1.55 | CN¥8.38 | x |
| 2014-12-31 | CN¥1.77 | CN¥8.38 | x |
| 2015-12-31 | CN¥2.14 | CN¥8.38 | x |
| 2016-12-31 | CN¥2.13 | CN¥8.38 | x |
| 2017-12-31 | CN¥2.40 | CN¥8.38 | x |
| 2018-12-31 | CN¥2.58 | CN¥8.38 | x |
| 2019-12-31 | CN¥2.83 | CN¥8.38 | x |
| 2020-12-31 | CN¥4.19 | CN¥8.38 | x |
| 2021-12-31 | CN¥3.95 | CN¥8.38 | x |
| 2022-12-31 | CN¥4.02 | CN¥8.38 | x |
| 2023-12-31 | CN¥4.01 | CN¥8.38 | x |
| 2024-12-31 | CN¥4.04 | CN¥8.38 | x |
| 2025-12-31 | CN¥4.10 | CN¥8.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Dongbai 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): 1.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.48%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 4.19x
- Recent ROE (1.28%) is below the historical average (13.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 112.60% | 2.94% | 6.61x | 5.79x | CN¥3.88 Million |
| 1991 | 80.17% | 3.10% | 6.55x | 3.94x | CN¥4.70 Million |
| 1992 | 20.86% | 3.08% | 2.86x | 2.37x | CN¥3.70 Million |
| 1993 | 11.48% | 5.39% | 1.50x | 1.42x | CN¥1.92 Million |
| 1994 | 17.63% | 8.43% | 1.39x | 1.51x | CN¥9.96 Million |
| 1995 | 12.67% | 7.90% | 1.21x | 1.32x | CN¥5.95 Million |
| 1996 | 9.19% | 8.81% | 0.87x | 1.20x | CN¥-2.96 Million |
| 1997 | 11.06% | 8.57% | 0.75x | 1.72x | CN¥3.62 Million |
| 1998 | 11.48% | 8.28% | 0.72x | 1.92x | CN¥5.71 Million |
| 1999 | 3.08% | 2.22% | 0.67x | 2.06x | CN¥-26.88 Million |
| 2000 | 1.96% | 1.28% | 0.75x | 2.04x | CN¥-30.77 Million |
| 2001 | -18.58% | -9.85% | 0.90x | 2.10x | CN¥-91.43 Million |
| 2002 | 6.09% | 5.84% | 0.48x | 2.15x | CN¥-13.32 Million |
| 2003 | 7.02% | 5.41% | 0.65x | 2.00x | CN¥-10.92 Million |
| 2004 | 7.52% | 5.75% | 0.67x | 1.96x | CN¥-9.83 Million |
| 2005 | 8.36% | 4.82% | 0.64x | 2.70x | CN¥-6.16 Million |
| 2006 | 10.98% | 5.18% | 0.78x | 2.71x | CN¥3.87 Million |
| 2007 | 12.96% | 5.31% | 1.01x | 2.42x | CN¥13.56 Million |
| 2008 | 17.96% | 7.22% | 1.13x | 2.20x | CN¥43.80 Million |
| 2009 | 13.98% | 5.32% | 1.13x | 2.33x | CN¥23.58 Million |
| 2010 | 14.54% | 5.33% | 1.25x | 2.18x | CN¥31.48 Million |
| 2011 | 31.59% | 15.08% | 1.24x | 1.68x | CN¥220.02 Million |
| 2012 | 3.80% | 1.86% | 0.89x | 2.29x | CN¥-62.55 Million |
| 2013 | 5.27% | 2.76% | 0.62x | 3.10x | CN¥-50.44 Million |
| 2014 | 12.06% | 8.37% | 0.42x | 3.40x | CN¥24.95 Million |
| 2015 | 2.72% | 3.04% | 0.31x | 2.92x | CN¥-131.88 Million |
| 2016 | 5.28% | 3.36% | 0.52x | 3.05x | CN¥-90.31 Million |
| 2017 | 11.45% | 6.42% | 0.57x | 3.15x | CN¥31.36 Million |
| 2018 | 11.30% | 8.74% | 0.36x | 3.63x | CN¥30.20 Million |
| 2019 | 14.40% | 8.78% | 0.46x | 3.54x | CN¥110.00 Million |
| 2020 | 5.61% | 11.22% | 0.15x | 3.28x | CN¥-159.92 Million |
| 2021 | 3.65% | 6.62% | 0.13x | 4.29x | CN¥-218.10 Million |
| 2022 | 0.62% | 1.30% | 0.12x | 4.14x | CN¥-328.06 Million |
| 2023 | 1.00% | 1.86% | 0.13x | 4.17x | CN¥-313.78 Million |
| 2024 | 1.24% | 2.40% | 0.12x | 4.21x | CN¥-308.02 Million |
| 2025 | 1.28% | 2.48% | 0.12x | 4.19x | CN¥-310.59 Million |
Industry Comparison
This section compares Fujian Dongbai Group Co Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,803,753,330
- Average return on equity (ROE) among peers: 10.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Dongbai Group Co Ltd (600693) | CN¥4.59 Billion | 112.60% | 2.21x | $1.07 Billion |
| Hefei Department Store Group Co Ltd (000417) | $672.94 Million | 7.19% | 0.67x | $900.42 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $1.67 Billion | 12.96% | 1.14x | $371.47 Million |
| Wushang Group Co Ltd (000501) | $10.81 Billion | 2.79% | 1.84x | $784.32 Million |
| CCOOP Group Co Ltd (000564) | $543.52 Million | 6.29% | 0.80x | $3.86 Billion |
| Dalian Friendship Group Co Ltd (000679) | $931.02 Million | 14.16% | 4.22x | $395.32 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $682.33 Million | 7.80% | 0.41x | $374.85 Million |
| Easyhome New Retail Group Co Ltd (000785) | $203.73 Million | 22.29% | 1.14x | $1.97 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $477.03 Million | -4.94% | 2.10x | $532.75 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $300.21 Million | 24.01% | 2.03x | $513.84 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $1.74 Billion | 14.91% | 1.97x | $1.51 Billion |
About Fujian Dongbai Group Co Ltd
Fujian Dongbai (Group) Co.,Ltd. engages in commercial retail, and warehousing and logistics businesses in China. The company provides department stores, shopping centers, cultural, commercial and tourism complexes, online businesses, etc., as well as real estate leasing. It also offers supermarket retail; professional parking; property and project management; advertising agency; hotel and caterin… Read more