Ningbo Fujia Industrial Co Ltd
Ningbo Fujia Industrial Co., Ltd. manufactures and sells vacuum cleaners, motors, and vacuum cleaner spare parts in China, North America, Europe, Asia, the Oceania, and internationally. The company provides power, industrial, commercial, and household energy storage system solutions; and small cleaning appliances, including vacuum cleaners, sweeping robot products, and related products. Ningbo Fu… Read more
Ningbo Fujia Industrial Co Ltd (603219) - Net Assets
Latest net assets as of September 2025: CN¥1.63 Billion CNY
Based on the latest financial reports, Ningbo Fujia Industrial Co Ltd (603219) has net assets worth CN¥1.63 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.20 Billion) and total liabilities (CN¥1.58 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.63 Billion |
| % of Total Assets | 50.84% |
| Annual Growth Rate | 18.01% |
| 5-Year Change | 120.72% |
| 10-Year Change | N/A |
| Growth Volatility | 26.16 |
Ningbo Fujia Industrial Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Ningbo Fujia Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ningbo Fujia Industrial Co Ltd (2017–2024)
The table below shows the annual net assets of Ningbo Fujia Industrial Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.62 Billion | -0.72% |
| 2023-12-31 | CN¥1.63 Billion | +8.49% |
| 2022-12-31 | CN¥1.50 Billion | +14.91% |
| 2021-12-31 | CN¥1.31 Billion | +78.33% |
| 2020-12-31 | CN¥732.33 Million | +22.95% |
| 2019-12-31 | CN¥595.61 Million | +26.76% |
| 2018-12-31 | CN¥469.89 Million | -7.34% |
| 2017-12-31 | CN¥507.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Fujia Industrial 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 120.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥657.44 Million | 41.26% |
| Common Stock | CN¥561.40 Million | 35.23% |
| Other Comprehensive Income | CN¥152.01 Million | 9.54% |
| Other Components | CN¥222.67 Million | 13.97% |
| Total Equity | CN¥1.59 Billion | 100.00% |
Ningbo Fujia Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Fujia Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newlake Capital Partners Inc
OTCQX:NLCP
|
$212.55 Million |
|
Pendragon PLC
PINK:PDGNF
|
$212.56 Million |
|
Kiler Gayrimenkul Yatirim Ortakligi AS
IS:KLGYO
|
$212.57 Million |
|
NanoXplore Inc
OTCQX:NNXPF
|
$212.59 Million |
|
AMC Networks Inc
NASDAQ:AMCX
|
$212.42 Million |
|
Zignago Vetro S.p.A.
LSE:0NNC
|
$212.35 Million |
|
New Oroperu Resources Inc
F:OE6
|
$212.33 Million |
|
Accent Group Ltd
AU:AX1
|
$212.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Fujia Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,598,540,306 to 1,593,510,487, a change of -5,029,819 (-0.3%).
- Net income of 181,280,149 contributed positively to equity growth.
- Dividend payments of 173,421,235 reduced retained earnings.
- Share repurchases of 31,348,311 reduced equity.
- Other comprehensive income increased equity by 147,057,060.
- Other factors decreased equity by 128,597,482.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥181.28 Million | +11.38% |
| Dividends Paid | CN¥173.42 Million | -10.88% |
| Share Repurchases | CN¥31.35 Million | -1.97% |
| Other Comprehensive Income | CN¥147.06 Million | +9.23% |
| Other Changes | CN¥-128.60 Million | -8.07% |
| Total Change | CN¥- | -0.31% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Fujia Industrial 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: 5.99x
- 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 10.88x to 5.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.55 | CN¥16.86 | x |
| 2018-12-31 | CN¥1.03 | CN¥16.86 | x |
| 2019-12-31 | CN¥1.06 | CN¥16.86 | x |
| 2020-12-31 | CN¥1.30 | CN¥16.86 | x |
| 2021-12-31 | CN¥2.32 | CN¥16.86 | x |
| 2022-12-31 | CN¥2.66 | CN¥16.86 | x |
| 2023-12-31 | CN¥2.88 | CN¥16.86 | x |
| 2024-12-31 | CN¥2.81 | CN¥16.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Fujia Industrial 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): 11.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.71%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.82x
- Recent ROE (11.38%) is below the historical average (19.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 22.63% | 11.80% | 0.91x | 2.11x | CN¥64.05 Million |
| 2018 | 27.86% | 9.46% | 1.19x | 2.47x | CN¥83.93 Million |
| 2019 | 14.14% | 7.64% | 0.93x | 2.00x | CN¥24.69 Million |
| 2020 | 23.61% | 8.22% | 1.14x | 2.52x | CN¥99.29 Million |
| 2021 | 17.81% | 8.91% | 1.06x | 1.88x | CN¥101.61 Million |
| 2022 | 23.25% | 12.64% | 1.19x | 1.55x | CN¥197.72 Million |
| 2023 | 16.34% | 9.70% | 1.00x | 1.68x | CN¥101.34 Million |
| 2024 | 11.38% | 6.71% | 0.93x | 1.82x | CN¥21.93 Million |
Industry Comparison
This section compares Ningbo Fujia Industrial 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: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Fujia Industrial Co Ltd (603219) | CN¥1.63 Billion | 22.63% | 0.97x | $212.54 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |