Fuda Alloy Materials Co Ltd (603045) - Net Assets
Based on the latest financial reports, Fuda Alloy Materials Co Ltd (603045) has net assets worth CN¥1.26 Billion CNY (≈ $184.12 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¥3.72 Billion ≈ $544.85 Million USD) and total liabilities (CN¥2.47 Billion ≈ $360.73 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 Fuda Alloy Materials Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.26 Billion |
| % of Total Assets | 33.79% |
| Annual Growth Rate | 9.6% |
| 5-Year Change | 23.87% |
| 10-Year Change | 135.19% |
| Growth Volatility | 13.37 |
Fuda Alloy Materials Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Fuda Alloy Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603045 market cap overview.
Annual Net Assets for Fuda Alloy Materials Co Ltd (2013–2025)
The table below shows the annual net assets of Fuda Alloy Materials Co Ltd from 2013 to 2025. Also explore 603045 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.08 Billion ≈ $157.61 Million |
+10.94% |
| 2024-12-31 | CN¥970.91 Million ≈ $142.07 Million |
+3.95% |
| 2023-12-31 | CN¥933.99 Million ≈ $136.67 Million |
+3.85% |
| 2022-12-31 | CN¥899.34 Million ≈ $131.60 Million |
+3.42% |
| 2021-12-31 | CN¥869.57 Million ≈ $127.24 Million |
+5.62% |
| 2020-12-31 | CN¥823.32 Million ≈ $120.48 Million |
-0.14% |
| 2019-12-31 | CN¥824.46 Million ≈ $120.64 Million |
+7.30% |
| 2018-12-31 | CN¥768.39 Million ≈ $112.44 Million |
+53.17% |
| 2017-12-31 | CN¥501.67 Million ≈ $73.41 Million |
+9.54% |
| 2016-12-31 | CN¥457.97 Million ≈ $67.01 Million |
+7.39% |
| 2015-12-31 | CN¥426.44 Million ≈ $62.40 Million |
+5.41% |
| 2014-12-31 | CN¥404.55 Million ≈ $59.20 Million |
+12.82% |
| 2013-12-31 | CN¥358.57 Million ≈ $52.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fuda Alloy Materials 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 329.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥643.45 Million | 60.06% |
| Other Components | CN¥427.94 Million | 39.94% |
| Total Equity | CN¥1.07 Billion | 100.00% |
Fuda Alloy Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Fuda Alloy Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Three Squirrels
SHE:300783
|
$998.03 Million |
|
Compagnie des Alpes S.A.
PA:CDA
|
$998.13 Million |
|
NB Bancorp, Inc. Common Stock
NASDAQ:NBBK
|
$998.19 Million |
|
Business First Bancshares Inc
NASDAQ:BFST
|
$998.30 Million |
|
DATATEC LTD (UNSP.ADR)/2
F:DTT0
|
$997.41 Million |
|
NPK International Inc.
NYSE:NPKI
|
$996.84 Million |
|
Anadolu Hayat Emeklilik AS
IS:ANHYT
|
$996.80 Million |
|
Huaku Development Co Ltd
TW:2548
|
$996.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuda Alloy Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 970,905,163 to 1,071,382,254, a change of 100,477,091 (10.3%).
- Net income of 108,059,344 contributed positively to equity growth.
- Dividend payments of 56,223,024 reduced retained earnings.
- Other factors increased equity by 48,640,771.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥108.06 Million | +10.09% |
| Dividends Paid | CN¥56.22 Million | -5.25% |
| Other Changes | CN¥48.64 Million | +4.54% |
| Total Change | CN¥- | 10.35% |
Book Value vs Market Value Analysis
This analysis compares Fuda Alloy Materials 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: 6.36x
- 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 14.59x to 6.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥3.45 | CN¥50.33 | x |
| 2014-12-31 | CN¥3.89 | CN¥50.33 | x |
| 2015-12-31 | CN¥4.15 | CN¥50.33 | x |
| 2016-12-31 | CN¥4.44 | CN¥50.33 | x |
| 2017-12-31 | CN¥4.86 | CN¥50.33 | x |
| 2018-12-31 | CN¥6.23 | CN¥50.33 | x |
| 2019-12-31 | CN¥5.99 | CN¥50.33 | x |
| 2020-12-31 | CN¥6.05 | CN¥50.33 | x |
| 2021-12-31 | CN¥6.42 | CN¥50.33 | x |
| 2022-12-31 | CN¥6.64 | CN¥50.33 | x |
| 2023-12-31 | CN¥6.89 | CN¥50.33 | x |
| 2024-12-31 | CN¥7.17 | CN¥50.33 | x |
| 2025-12-31 | CN¥7.91 | CN¥50.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuda Alloy Materials 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): 10.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.14%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 2.94x
- Recent ROE (10.09%) is above the historical average (7.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.52% | 1.14% | 1.62x | 1.91x | CN¥-23.24 Million |
| 2014 | 11.38% | 4.75% | 1.38x | 1.74x | CN¥5.58 Million |
| 2015 | 9.63% | 4.84% | 1.20x | 1.65x | CN¥-1.58 Million |
| 2016 | 10.10% | 4.46% | 1.23x | 1.85x | CN¥471.91K |
| 2017 | 10.92% | 4.36% | 1.16x | 2.16x | CN¥4.59 Million |
| 2018 | 7.53% | 4.36% | 0.99x | 1.74x | CN¥-19.01 Million |
| 2019 | 8.88% | 4.68% | 1.06x | 1.79x | CN¥-9.27 Million |
| 2020 | 5.37% | 1.92% | 1.21x | 2.32x | CN¥-38.13 Million |
| 2021 | 6.57% | 1.95% | 1.35x | 2.49x | CN¥-29.86 Million |
| 2022 | 3.31% | 1.36% | 1.17x | 2.09x | CN¥-60.16 Million |
| 2023 | 4.37% | 1.46% | 1.23x | 2.43x | CN¥-52.54 Million |
| 2024 | 4.70% | 1.19% | 1.54x | 2.58x | CN¥-51.46 Million |
| 2025 | 10.09% | 2.14% | 1.60x | 2.94x | CN¥921.12K |
Industry Comparison
This section compares Fuda Alloy Materials Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,793,502,014
- Average return on equity (ROE) among peers: 11.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fuda Alloy Materials Co Ltd (603045) | CN¥1.26 Billion | 3.52% | 1.96x | $997.53 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $458.00 Million | 10.69% | 4.94x | $1.10 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $236.13 Million | 20.43% | 0.71x | $890.66 Million |
| Dongfang Electronics Co Ltd (000682) | $1.41 Billion | 1.38% | 0.23x | $2.11 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.53 Billion | 4.09% | 0.63x | $720.77 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.76 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $434.81 Million | 6.61% | 1.31x | $1.30 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.00 Billion | 31.66% | 0.29x | $14.70 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $218.98 Million | 10.86% | 0.64x | $373.01 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $7.36 Billion |
About Fuda Alloy Materials Co Ltd
Fuda New Material Group Co. Ltd. engages in the research and development, production, sale, and technical consulting services of electrical contact materials in China and internationally. Its products include contact materials, multi-layer contacts, and contact assemblies used in various industries, such as industrial appliances, intelligent manufacturing, electronic communications, intelligent b… Read more