Fujian Dongbai Group Co Ltd (600693) - Net Assets

Latest as of September 2025: CN¥4.46 Billion CNY ≈ $653.28 Million USD

Based on the latest financial reports, Fujian Dongbai Group Co Ltd (600693) has net assets worth CN¥4.46 Billion CNY (≈ $653.28 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¥14.74 Billion ≈ $2.16 Billion USD) and total liabilities (CN¥10.28 Billion ≈ $1.50 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 600693 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.46 Billion
% of Total Assets 30.28%
Annual Growth Rate 23.05%
5-Year Change 4.46%
10-Year Change 132.84%
Growth Volatility 82.11

Fujian Dongbai Group Co Ltd - Net Assets Trend (1990–2024)

This chart illustrates how Fujian Dongbai Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600693 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Fujian Dongbai Group Co Ltd (1990–2024)

The table below shows the annual net assets of Fujian Dongbai Group Co Ltd from 1990 to 2024. For live valuation and market cap data, see 600693 market cap.

Year Net Assets Change
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		 --

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 227639530400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.28 Billion 64.76%
Common Stock CN¥869.85 Million 24.75%
Other Comprehensive Income CN¥368.88 Million 10.49%
Total Equity CN¥3.52 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
IGNITIS GRUPE SP.GDR/1
F:IGV
 $1.45 Billion
Custom Truck One Source Inc
NYSE:CTOS
 $1.45 Billion
Edifier Technology Co Ltd
SHE:002351
 $1.45 Billion
Radiant Opto-Electronics Corp
TW:6176
 $1.45 Billion
Huludao Zinc Industry Co Ltd
SHE:000751
 $1.44 Billion
Precigen Inc
NASDAQ:PGEN
 $1.44 Billion
Kimbell Royalty Partners LP
NYSE:KRP
 $1.44 Billion
New Guomai Digital Culture Co Ltd
SHG:600640
 $1.44 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 2023 to 2024, total equity changed from 3,488,289,406 to 3,515,121,508, a change of 26,832,102 (0.8%).
  • Net income of 43,487,249 contributed positively to equity growth.
  • Dividend payments of 332,283,921 reduced retained earnings.
  • Other comprehensive income increased equity by 68,811,503.
  • Other factors increased equity by 246,817,271.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥43.49 Million +1.24%
Dividends Paid CN¥332.28 Million -9.45%
Other Comprehensive Income CN¥68.81 Million +1.96%
Other Changes CN¥246.82 Million +7.02%
Total Change CN¥- 0.77%

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: 2.81x
  • 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 2053.25x to 2.81x 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¥11.35 x
1991-12-31 CN¥0.01 CN¥11.35 x
1992-12-31 CN¥0.05 CN¥11.35 x
1993-12-31 CN¥0.19 CN¥11.35 x
1994-12-31 CN¥0.19 CN¥11.35 x
1995-12-31 CN¥0.33 CN¥11.35 x
1996-12-31 CN¥0.53 CN¥11.35 x
1997-12-31 CN¥0.50 CN¥11.35 x
1998-12-31 CN¥0.56 CN¥11.35 x
1999-12-31 CN¥0.57 CN¥11.35 x
2000-12-31 CN¥0.56 CN¥11.35 x
2001-12-31 CN¥0.47 CN¥11.35 x
2002-12-31 CN¥0.50 CN¥11.35 x
2003-12-31 CN¥0.54 CN¥11.35 x
2004-12-31 CN¥0.58 CN¥11.35 x
2005-12-31 CN¥0.55 CN¥11.35 x
2006-12-31 CN¥0.58 CN¥11.35 x
2007-12-31 CN¥0.67 CN¥11.35 x
2008-12-31 CN¥0.80 CN¥11.35 x
2009-12-31 CN¥0.86 CN¥11.35 x
2010-12-31 CN¥1.01 CN¥11.35 x
2011-12-31 CN¥1.48 CN¥11.35 x
2012-12-31 CN¥1.47 CN¥11.35 x
2013-12-31 CN¥1.55 CN¥11.35 x
2014-12-31 CN¥1.77 CN¥11.35 x
2015-12-31 CN¥2.29 CN¥11.35 x
2016-12-31 CN¥2.13 CN¥11.35 x
2017-12-31 CN¥2.40 CN¥11.35 x
2018-12-31 CN¥2.58 CN¥11.35 x
2019-12-31 CN¥2.87 CN¥11.35 x
2020-12-31 CN¥4.19 CN¥11.35 x
2021-12-31 CN¥3.95 CN¥11.35 x
2022-12-31 CN¥4.02 CN¥11.35 x
2023-12-31 CN¥4.01 CN¥11.35 x
2024-12-31 CN¥4.04 CN¥11.35 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): 1.24%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.40%
  • • Asset Turnover: 0.12x
  • • Equity Multiplier: 4.21x
  • Recent ROE (1.24%) is below the historical average (13.85%), 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 13.21% 8.05% 0.46x 3.54x CN¥80.16 Million
2020 5.61% 11.22% 0.15x 3.28x CN¥-159.92 Million
2021 5.18% 9.39% 0.13x 4.29x CN¥-165.69 Million
2022 1.92% 4.02% 0.12x 4.14x CN¥-282.67 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

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: $3,423,601,112
  • Average return on equity (ROE) among peers: 9.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fujian Dongbai Group Co Ltd (600693) CN¥4.46 Billion 112.60% 2.30x $1.44 Billion
Hefei Department Store Group Co Ltd (000417) $678.42 Million 3.74% 0.95x $763.47 Million
Changsha Tongcheng Holdings Co Ltd (000419) $709.40 Million 4.90% 1.19x $463.74 Million
Wushang Group Co Ltd (000501) $1.48 Billion 8.79% 0.63x $942.98 Million
CCOOP Group Co Ltd (000564) $25.85 Billion -17.56% 0.82x $4.62 Billion
Dalian Friendship Group Co Ltd (000679) $740.14 Million 3.92% 1.00x $377.58 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $883.51 Million 7.10% 0.52x $473.70 Million
Easyhome New Retail Group Co Ltd (000785) $973.21 Million 2.68% 1.96x $2.35 Billion
Beijing Hualian Department Store Co Ltd (000882) $140.55 Million 36.98% 0.74x $660.93 Million
Guangzhou Grandbuy Co Ltd (002187) $2.38 Billion 10.01% 0.90x $634.86 Million
Better Life Commercial Chain Share Co Ltd (002251) $403.01 Million 30.68% 2.74x $1.63 Billion

About Fujian Dongbai Group Co Ltd

SHG:600693 China Department Stores
Market Cap
$1.44 Billion
CN¥9.87 Billion CNY
Market Cap Rank
#7536 Global
#1827 in China
Share Price
CN¥11.35
Change (1 day)
-1.30%
52-Week Range
CN¥5.73 - CN¥21.88
All Time High
CN¥21.88
Categories
Companies in China Department Stores
About

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