Fujian Cement Inc (600802) - Net Assets
Based on the latest financial reports, Fujian Cement Inc (600802) has net assets worth CN¥831.06 Million CNY (≈ $121.61 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¥3.38 Billion ≈ $494.14 Million USD) and total liabilities (CN¥2.55 Billion ≈ $372.53 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 Fujian Cement Inc (600802) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥831.06 Million |
| % of Total Assets | 24.61% |
| Annual Growth Rate | 2.76% |
| 5-Year Change | -54.4% |
| 10-Year Change | -26.67% |
| Growth Volatility | 38.02 |
Fujian Cement Inc - Net Assets Trend (1993–2025)
This chart illustrates how Fujian Cement Inc's net assets have evolved over time, based on quarterly financial data. See 600802 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fujian Cement Inc (1993–2025)
The table below shows the annual net assets of Fujian Cement Inc from 1993 to 2025. For live valuation and market cap data, see market cap of Fujian Cement Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥945.81 Million ≈ $138.40 Million |
-12.53% |
| 2024-12-31 | CN¥1.08 Billion ≈ $158.22 Million |
-12.39% |
| 2023-12-31 | CN¥1.23 Billion ≈ $180.59 Million |
-25.66% |
| 2022-12-31 | CN¥1.66 Billion ≈ $242.93 Million |
-19.97% |
| 2021-12-31 | CN¥2.07 Billion ≈ $303.53 Million |
+15.87% |
| 2020-12-31 | CN¥1.79 Billion ≈ $261.95 Million |
+19.33% |
| 2019-12-31 | CN¥1.50 Billion ≈ $219.52 Million |
+8.61% |
| 2018-12-31 | CN¥1.38 Billion ≈ $202.12 Million |
+30.90% |
| 2017-12-31 | CN¥1.06 Billion ≈ $154.41 Million |
-18.19% |
| 2016-12-31 | CN¥1.29 Billion ≈ $188.73 Million |
-18.44% |
| 2015-12-31 | CN¥1.58 Billion ≈ $231.41 Million |
-25.51% |
| 2014-12-31 | CN¥2.12 Billion ≈ $310.67 Million |
+18.19% |
| 2013-12-31 | CN¥1.80 Billion ≈ $262.85 Million |
-4.75% |
| 2012-12-31 | CN¥1.89 Billion ≈ $275.95 Million |
+36.47% |
| 2011-12-31 | CN¥1.38 Billion ≈ $202.20 Million |
+23.73% |
| 2010-12-31 | CN¥1.12 Billion ≈ $163.42 Million |
-23.88% |
| 2009-12-31 | CN¥1.47 Billion ≈ $214.70 Million |
+42.24% |
| 2008-12-31 | CN¥1.03 Billion ≈ $150.94 Million |
-46.67% |
| 2007-12-31 | CN¥1.93 Billion ≈ $283.05 Million |
+184.71% |
| 2006-12-31 | CN¥679.40 Million ≈ $99.42 Million |
+1.43% |
| 2005-12-31 | CN¥669.80 Million ≈ $98.01 Million |
+7.38% |
| 2004-12-31 | CN¥623.77 Million ≈ $91.28 Million |
+1.89% |
| 2003-12-31 | CN¥612.21 Million ≈ $89.59 Million |
+14.15% |
| 2002-12-31 | CN¥536.34 Million ≈ $78.48 Million |
-23.70% |
| 2001-12-31 | CN¥702.92 Million ≈ $102.86 Million |
-19.10% |
| 2000-12-31 | CN¥868.84 Million ≈ $127.14 Million |
+25.91% |
| 1999-12-31 | CN¥690.03 Million ≈ $100.97 Million |
+5.19% |
| 1998-12-31 | CN¥655.99 Million ≈ $95.99 Million |
+22.69% |
| 1997-12-31 | CN¥534.69 Million ≈ $78.24 Million |
+10.25% |
| 1996-12-31 | CN¥484.97 Million ≈ $70.97 Million |
+17.27% |
| 1995-12-31 | CN¥413.56 Million ≈ $60.52 Million |
+2.63% |
| 1994-12-31 | CN¥402.97 Million ≈ $58.97 Million |
+1.86% |
| 1993-12-31 | CN¥395.62 Million ≈ $57.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Cement Inc'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 331.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.21 Billion | 119.42% |
| Total Equity | CN¥1.02 Billion | 100.00% |
Fujian Cement Inc Competitors by Market Cap
The table below lists competitors of Fujian Cement Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liaoning Shidai Wanheng Co Ltd
SHG:600241
|
$300.60 Million |
|
John Marshall Bancorp Inc
NASDAQ:JMSB
|
$300.73 Million |
|
Sword Group S.E
PA:SWP
|
$301.02 Million |
|
TOYO Co., Ltd Ordinary Shares
NASDAQ:TOYO
|
$301.06 Million |
|
IMC S.A.
F:IM4
|
$300.33 Million |
|
Monarch Networth Capital Limited
NSE:MONARCH
|
$300.25 Million |
|
China Shengmu Organic Milk Limited
F:7OM
|
$300.20 Million |
|
Celon Pharma SA
WAR:CLN
|
$300.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Cement Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,095,409,464 to 1,016,412,578, a change of -78,996,886 (-7.2%).
- Net loss of 126,917,143 reduced equity.
- Dividend payments of 43,390,243 reduced retained earnings.
- Other factors increased equity by 91,310,500.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-126.92 Million | -12.49% |
| Dividends Paid | CN¥43.39 Million | -4.27% |
| Other Changes | CN¥91.31 Million | +8.98% |
| Total Change | CN¥- | -7.21% |
Book Value vs Market Value Analysis
This analysis compares Fujian Cement Inc'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: 2.02x
- 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 4.37x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥1.03 | CN¥4.48 | x |
| 1994-12-31 | CN¥1.05 | CN¥4.48 | x |
| 1995-12-31 | CN¥1.05 | CN¥4.48 | x |
| 1996-12-31 | CN¥1.24 | CN¥4.48 | x |
| 1997-12-31 | CN¥1.37 | CN¥4.48 | x |
| 1998-12-31 | CN¥1.69 | CN¥4.48 | x |
| 1999-12-31 | CN¥1.78 | CN¥4.48 | x |
| 2000-12-31 | CN¥2.25 | CN¥4.48 | x |
| 2001-12-31 | CN¥1.84 | CN¥4.48 | x |
| 2002-12-31 | CN¥1.40 | CN¥4.48 | x |
| 2003-12-31 | CN¥1.50 | CN¥4.48 | x |
| 2004-12-31 | CN¥1.59 | CN¥4.48 | x |
| 2005-12-31 | CN¥1.70 | CN¥4.48 | x |
| 2006-12-31 | CN¥1.46 | CN¥4.48 | x |
| 2007-12-31 | CN¥4.21 | CN¥4.48 | x |
| 2008-12-31 | CN¥2.21 | CN¥4.48 | x |
| 2009-12-31 | CN¥3.19 | CN¥4.48 | x |
| 2010-12-31 | CN¥2.27 | CN¥4.48 | x |
| 2011-12-31 | CN¥2.58 | CN¥4.48 | x |
| 2012-12-31 | CN¥2.60 | CN¥4.48 | x |
| 2013-12-31 | CN¥2.31 | CN¥4.48 | x |
| 2014-12-31 | CN¥2.96 | CN¥4.48 | x |
| 2015-12-31 | CN¥2.09 | CN¥4.48 | x |
| 2016-12-31 | CN¥1.60 | CN¥4.48 | x |
| 2017-12-31 | CN¥1.32 | CN¥4.48 | x |
| 2018-12-31 | CN¥1.87 | CN¥4.48 | x |
| 2019-12-31 | CN¥3.05 | CN¥4.48 | x |
| 2020-12-31 | CN¥3.62 | CN¥4.48 | x |
| 2021-12-31 | CN¥4.23 | CN¥4.48 | x |
| 2022-12-31 | CN¥3.35 | CN¥4.48 | x |
| 2023-12-31 | CN¥2.59 | CN¥4.48 | x |
| 2024-12-31 | CN¥2.39 | CN¥4.48 | x |
| 2025-12-31 | CN¥2.22 | CN¥4.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Cement Inc 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): -12.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.31%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 3.36x
- Recent ROE (-12.49%) is below the historical average (2.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 21.96% | 2.52% | 6.96x | 1.25x | CN¥46.90 Million |
| 1994 | 22.47% | 23.43% | 0.69x | 1.39x | CN¥49.80 Million |
| 1995 | 10.64% | 11.51% | 0.60x | 1.53x | CN¥2.58 Million |
| 1996 | 10.09% | 13.88% | 0.53x | 1.36x | CN¥438.84K |
| 1997 | 9.27% | 14.61% | 0.49x | 1.29x | CN¥-3.83 Million |
| 1998 | 10.23% | 19.00% | 0.27x | 2.03x | CN¥1.51 Million |
| 1999 | 11.07% | 12.68% | 0.43x | 2.01x | CN¥7.27 Million |
| 2000 | 6.10% | 9.67% | 0.32x | 1.95x | CN¥-33.47 Million |
| 2001 | 0.30% | 0.36% | 0.37x | 2.27x | CN¥-68.05 Million |
| 2002 | -31.55% | -23.61% | 0.51x | 2.63x | CN¥-222.42 Million |
| 2003 | 5.79% | 3.85% | 0.59x | 2.55x | CN¥-24.11 Million |
| 2004 | 6.53% | 4.08% | 0.62x | 2.56x | CN¥-21.08 Million |
| 2005 | 0.36% | 0.25% | 0.55x | 2.59x | CN¥-62.80 Million |
| 2006 | 2.33% | 1.48% | 0.61x | 2.58x | CN¥-51.48 Million |
| 2007 | 2.81% | 4.40% | 0.35x | 1.81x | CN¥-138.54 Million |
| 2008 | 0.49% | 0.41% | 0.50x | 2.40x | CN¥-97.38 Million |
| 2009 | -6.59% | -8.37% | 0.32x | 2.45x | CN¥-242.12 Million |
| 2010 | 0.73% | 0.60% | 0.40x | 3.03x | CN¥-102.85 Million |
| 2011 | 10.57% | 6.66% | 0.52x | 3.06x | CN¥6.78 Million |
| 2012 | 2.31% | 1.69% | 0.37x | 3.66x | CN¥-91.20 Million |
| 2013 | 1.81% | 1.05% | 0.39x | 4.45x | CN¥-86.45 Million |
| 2014 | 3.66% | 2.40% | 0.38x | 3.99x | CN¥-85.88 Million |
| 2015 | -40.77% | -25.61% | 0.30x | 5.27x | CN¥-486.20 Million |
| 2016 | 1.88% | 1.04% | 0.30x | 6.04x | CN¥-59.63 Million |
| 2017 | -25.17% | -8.28% | 0.45x | 6.75x | CN¥-212.12 Million |
| 2018 | 39.45% | 11.45% | 0.74x | 4.68x | CN¥251.95 Million |
| 2019 | 33.46% | 15.34% | 0.77x | 2.82x | CN¥327.37 Million |
| 2020 | 16.72% | 9.39% | 0.66x | 2.71x | CN¥111.72 Million |
| 2021 | 16.06% | 8.57% | 0.78x | 2.41x | CN¥117.03 Million |
| 2022 | -15.81% | -9.37% | 0.62x | 2.73x | CN¥-396.11 Million |
| 2023 | -27.15% | -15.73% | 0.53x | 3.25x | CN¥-441.41 Million |
| 2024 | -15.27% | -9.64% | 0.48x | 3.27x | CN¥-276.77 Million |
| 2025 | -12.49% | -8.31% | 0.45x | 3.36x | CN¥-228.56 Million |
Industry Comparison
This section compares Fujian Cement Inc's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,038,679,184
- Average return on equity (ROE) among peers: -0.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Cement Inc (600802) | CN¥831.06 Million | 21.96% | 3.06x | $300.41 Million |
| CSG Holding Co Ltd (000012) | $8.51 Billion | 10.26% | 0.80x | $1.23 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $13.16 Billion | 11.59% | 1.89x | $1.42 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $1.47 Billion | 17.72% | 1.25x | $2.65 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.86 Billion | 6.66% | 1.52x | $479.58 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $8.08 Billion | 3.12% | 1.68x | $4.10 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.42 Billion | 6.07% | 0.18x | $1.45 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $75.81 Million | 19.08% | 1.16x | $755.55 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.47 Billion | 5.81% | 0.48x | $1.29 Billion |
| China West Construction Group Co Ltd (002302) | $10.72 Billion | -2.45% | 2.13x | $858.96 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $617.79 Million | -83.72% | 1.86x | $362.04 Million |
About Fujian Cement Inc
Fujian Cement Inc., together with its subsidiaries, manufactures and sells clinker and cement in the People's Republic of China. The company's products are used in infrastructure projects, such as roads, railways, airports, water conservancy, urban real estate development, and rural civil buildings. It offers its products under the Lianshi and Jianfu brand names. The company was founded in 1958 a… Read more