Xilinmen Furniture Co Ltd (603008) - Net Assets
Based on the latest financial reports, Xilinmen Furniture Co Ltd (603008) has net assets worth CN¥3.57 Billion CNY (≈ $522.69 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¥8.30 Billion ≈ $1.21 Billion USD) and total liabilities (CN¥4.73 Billion ≈ $692.15 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 Xilinmen Furniture Co Ltd (603008) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.57 Billion |
| % of Total Assets | 43.03% |
| Annual Growth Rate | 20.57% |
| 5-Year Change | 6.8% |
| 10-Year Change | 49.59% |
| Growth Volatility | 50.89 |
Xilinmen Furniture Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Xilinmen Furniture Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603008 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xilinmen Furniture Co Ltd (2009–2025)
The table below shows the annual net assets of Xilinmen Furniture Co Ltd from 2009 to 2025. For live valuation and market cap data, see Xilinmen Furniture Co Ltd (603008) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.62 Billion ≈ $529.07 Million |
-7.79% |
| 2024-12-31 | CN¥3.92 Billion ≈ $573.76 Million |
-0.45% |
| 2023-12-31 | CN¥3.94 Billion ≈ $576.36 Million |
+5.96% |
| 2022-12-31 | CN¥3.72 Billion ≈ $543.92 Million |
+9.79% |
| 2021-12-31 | CN¥3.39 Billion ≈ $495.41 Million |
+6.72% |
| 2020-12-31 | CN¥3.17 Billion ≈ $464.21 Million |
+10.30% |
| 2019-12-31 | CN¥2.88 Billion ≈ $420.88 Million |
+17.70% |
| 2018-12-31 | CN¥2.44 Billion ≈ $357.60 Million |
-10.98% |
| 2017-12-31 | CN¥2.75 Billion ≈ $401.70 Million |
+13.58% |
| 2016-12-31 | CN¥2.42 Billion ≈ $353.67 Million |
+80.41% |
| 2015-12-31 | CN¥1.34 Billion ≈ $196.04 Million |
+16.57% |
| 2014-12-31 | CN¥1.15 Billion ≈ $168.17 Million |
+4.76% |
| 2013-12-31 | CN¥1.10 Billion ≈ $160.53 Million |
+8.22% |
| 2012-12-31 | CN¥1.01 Billion ≈ $148.34 Million |
+205.50% |
| 2011-12-31 | CN¥331.83 Million ≈ $48.56 Million |
+20.46% |
| 2010-12-31 | CN¥275.46 Million ≈ $40.31 Million |
+51.86% |
| 2009-12-31 | CN¥181.39 Million ≈ $26.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xilinmen Furniture 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 5374.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.04 Billion | 57.43% |
| Other Components | CN¥1.52 Billion | 42.57% |
| Total Equity | CN¥3.56 Billion | 100.00% |
Xilinmen Furniture Co Ltd Competitors by Market Cap
The table below lists competitors of Xilinmen Furniture Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
$473.73 Million |
|
Larvotto Resources Ltd
AU:LRV
|
$473.77 Million |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
$473.93 Million |
|
Samhällsbyggnadsbolaget i Norden AB (publ)
ST:SBB-B
|
$474.07 Million |
|
CJ Corp 4P Pref
KO:00104K
|
$473.70 Million |
|
Keck Seng Malaysia Bhd
KLSE:3476
|
$473.60 Million |
|
Clientele
JSE:CLI
|
$473.59 Million |
|
Apex Healthcare Bhd
KLSE:7090
|
$473.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xilinmen Furniture Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,767,736,426 to 3,559,722,275, a change of -208,014,151 (-5.5%).
- Net income of 241,410,064 contributed positively to equity growth.
- Dividend payments of 363,596,887 reduced retained earnings.
- Other comprehensive income decreased equity by 236,705,303.
- Other factors increased equity by 150,877,975.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥241.41 Million | +6.78% |
| Dividends Paid | CN¥363.60 Million | -10.21% |
| Other Comprehensive Income | CN¥-236.71 Million | -6.65% |
| Other Changes | CN¥150.88 Million | +4.24% |
| Total Change | CN¥- | -5.52% |
Book Value vs Market Value Analysis
This analysis compares Xilinmen Furniture 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: 0.91x
- 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 8.67x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥1.01 | CN¥8.79 | x |
| 2010-12-31 | CN¥1.21 | CN¥8.79 | x |
| 2011-12-31 | CN¥1.41 | CN¥8.79 | x |
| 2012-12-31 | CN¥3.79 | CN¥8.79 | x |
| 2013-12-31 | CN¥3.47 | CN¥8.79 | x |
| 2014-12-31 | CN¥3.67 | CN¥8.79 | x |
| 2015-12-31 | CN¥4.29 | CN¥8.79 | x |
| 2016-12-31 | CN¥7.24 | CN¥8.79 | x |
| 2017-12-31 | CN¥6.96 | CN¥8.79 | x |
| 2018-12-31 | CN¥5.89 | CN¥8.79 | x |
| 2019-12-31 | CN¥6.84 | CN¥8.79 | x |
| 2020-12-31 | CN¥7.51 | CN¥8.79 | x |
| 2021-12-31 | CN¥8.30 | CN¥8.79 | x |
| 2022-12-31 | CN¥9.13 | CN¥8.79 | x |
| 2023-12-31 | CN¥9.57 | CN¥8.79 | x |
| 2024-12-31 | CN¥9.93 | CN¥8.79 | x |
| 2025-12-31 | CN¥9.67 | CN¥8.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xilinmen Furniture 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): 6.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.74%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.43x
- Recent ROE (6.78%) is below the historical average (12.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 38.80% | 11.69% | 1.29x | 2.57x | CN¥52.25 Million |
| 2010 | 29.25% | 12.02% | 1.07x | 2.28x | CN¥53.02 Million |
| 2011 | 26.48% | 10.48% | 1.28x | 1.98x | CN¥54.69 Million |
| 2012 | 10.04% | 11.34% | 0.72x | 1.23x | CN¥358.73K |
| 2013 | 10.97% | 11.76% | 0.68x | 1.38x | CN¥10.60 Million |
| 2014 | 8.17% | 7.28% | 0.65x | 1.73x | CN¥-21.00 Million |
| 2015 | 14.23% | 11.30% | 0.52x | 2.41x | CN¥56.68 Million |
| 2016 | 8.43% | 9.19% | 0.51x | 1.81x | CN¥-37.95 Million |
| 2017 | 10.49% | 8.90% | 0.55x | 2.14x | CN¥13.22 Million |
| 2018 | -19.18% | -10.41% | 0.70x | 2.62x | CN¥-666.81 Million |
| 2019 | 14.33% | 7.81% | 0.73x | 2.51x | CN¥114.93 Million |
| 2020 | 10.66% | 5.57% | 0.74x | 2.57x | CN¥19.31 Million |
| 2021 | 17.46% | 7.19% | 0.94x | 2.60x | CN¥238.80 Million |
| 2022 | 6.79% | 3.03% | 0.87x | 2.59x | CN¥-112.10 Million |
| 2023 | 11.59% | 4.94% | 0.97x | 2.41x | CN¥58.96 Million |
| 2024 | 8.56% | 3.69% | 0.98x | 2.36x | CN¥-54.41 Million |
| 2025 | 6.78% | 2.74% | 1.02x | 2.43x | CN¥-114.56 Million |
Industry Comparison
This section compares Xilinmen Furniture Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $15,544,183,574
- Average return on equity (ROE) among peers: 14.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xilinmen Furniture Co Ltd (603008) | CN¥3.57 Billion | 38.80% | 1.32x | $473.72 Million |
| Midea Group Co Ltd (000333) | $33.17 Billion | 9.83% | 1.65x | $79.32 Billion |
| Changhong Meiling Co Ltd (000521) | $1.35 Billion | 22.32% | 2.55x | $714.80 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $101.88 Billion | 24.06% | 2.48x | $30.10 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $14.41 Billion | 10.96% | 1.90x | $3.65 Billion |
| Suncha Technology Co Ltd (001211) | $284.49 Million | 14.41% | 1.06x | $339.25 Million |
| Elec-Tech International Co Ltd (002005) | $2.67 Billion | 9.88% | 1.02x | $676.99 Million |
| Zhejiang Supor Co Ltd (002032) | $96.39 Million | 25.29% | 2.20x | $4.81 Billion |
| Vatti Corp Ltd (002035) | $56.22 Million | 22.45% | 3.75x | $589.18 Million |
| CNlight Co Ltd (002076) | $388.80 Million | 2.76% | 0.26x | $430.09 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.15 Billion | 4.02% | 0.60x | $327.10 Million |
About Xilinmen Furniture Co Ltd
Sleemon Healthy Sleep Technology Co., Ltd. designs, develops, produces, and sells furniture products in China. The company offers mattresses, beds, sofas, pillows, beddings, and smart sleep products, as well as provides whole-house customization services. It offers its products under the Pure Sleep, Fasciman, Elna, Xi Le, and Wheat Wind brand names. The company was formerly known as Xilinmen Furn… Read more