Ningbo Fujia Industrial Co Ltd (603219) - Net Assets
Based on the latest financial reports, Ningbo Fujia Industrial Co Ltd (603219) has net assets worth CN¥1.63 Billion CNY (≈ $238.54 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¥2.90 Billion ≈ $425.02 Million USD) and total liabilities (CN¥1.27 Billion ≈ $186.48 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 Ningbo Fujia Industrial Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.63 Billion |
| % of Total Assets | 56.12% |
| Annual Growth Rate | 15.74% |
| 5-Year Change | 25.03% |
| 10-Year Change | N/A |
| Growth Volatility | 25.3 |
Ningbo Fujia Industrial Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Ningbo Fujia Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See Ningbo Fujia Industrial Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ningbo Fujia Industrial Co Ltd (2017–2025)
The table below shows the annual net assets of Ningbo Fujia Industrial Co Ltd from 2017 to 2025. For live valuation and market cap data, see Ningbo Fujia Industrial Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.63 Billion ≈ $238.94 Million |
+1.02% |
| 2024-12-31 | CN¥1.62 Billion ≈ $236.52 Million |
-0.72% |
| 2023-12-31 | CN¥1.63 Billion ≈ $238.23 Million |
+8.49% |
| 2022-12-31 | CN¥1.50 Billion ≈ $219.60 Million |
+14.91% |
| 2021-12-31 | CN¥1.31 Billion ≈ $191.10 Million |
+78.33% |
| 2020-12-31 | CN¥732.33 Million ≈ $107.16 Million |
+22.95% |
| 2019-12-31 | CN¥595.61 Million ≈ $87.16 Million |
+26.76% |
| 2018-12-31 | CN¥469.89 Million ≈ $68.76 Million |
-7.34% |
| 2017-12-31 | CN¥507.12 Million ≈ $74.21 Million |
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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 114.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥639.93 Million | 39.75% |
| Common Stock | CN¥561.40 Million | 34.87% |
| Other Comprehensive Income | CN¥157.47 Million | 9.78% |
| Other Components | CN¥251.17 Million | 15.60% |
| Total Equity | CN¥1.61 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 |
|---|---|
|
EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS
IS:ECILC
|
$1.26 Billion |
|
Shin Zu Shing Co Ltd
TW:3376
|
$1.26 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
$1.26 Billion |
|
Dongguan Mentech Optical & Magnetic Co Ltd
SHE:002902
|
$1.26 Billion |
|
Huabao Flavours & Fragrances Co Ltd Class A
SHE:300741
|
$1.26 Billion |
|
Fusheng Precision Co Ltd
TW:6670
|
$1.26 Billion |
|
One Software Technologies Ltd
TA:ONE
|
$1.26 Billion |
|
Aavas Financiers Limited
NSE:AAVAS
|
$1.26 Billion |
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 2024 to 2025, total equity changed from 1,593,510,487 to 1,609,970,749, a change of 16,460,262 (1.0%).
- Net income of 107,088,627 contributed positively to equity growth.
- Dividend payments of 112,043,836 reduced retained earnings.
- Other comprehensive income increased equity by 5,465,647.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥107.09 Million | +6.65% |
| Dividends Paid | CN¥112.04 Million | -6.96% |
| Other Comprehensive Income | CN¥5.47 Million | +0.34% |
| Other Changes | CN¥15.95 Million | +0.99% |
| Total Change | CN¥- | 1.03% |
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: 5.33x
- 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 9.93x to 5.33x 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¥15.38 | x |
| 2018-12-31 | CN¥1.03 | CN¥15.38 | x |
| 2019-12-31 | CN¥1.31 | CN¥15.38 | x |
| 2020-12-31 | CN¥1.45 | CN¥15.38 | x |
| 2021-12-31 | CN¥2.57 | CN¥15.38 | x |
| 2022-12-31 | CN¥2.67 | CN¥15.38 | x |
| 2023-12-31 | CN¥2.88 | CN¥15.38 | x |
| 2024-12-31 | CN¥2.81 | CN¥15.38 | x |
| 2025-12-31 | CN¥2.88 | CN¥15.38 | 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): 6.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.35%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.00x
- Recent ROE (6.65%) is below the historical average (18.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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 |
| 2025 | 6.65% | 3.35% | 0.99x | 2.00x | CN¥-53.91 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: $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 |
|---|---|---|---|---|
| Ningbo Fujia Industrial Co Ltd (603219) | CN¥1.63 Billion | 22.63% | 0.78x | $1.26 Billion |
| 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 Ningbo Fujia Industrial Co Ltd
Ningbo Fujia Industrial Co., Ltd., together with its subsidiaries, engages in the research, design, production, and sale of intelligent cleaning small appliances in China and internationally. The company offers vacuum cleaners and its spare parts, brushless motors, and other smart appliances; power, industrial, commercial, and household energy storage system solutions; and sweeping robots. It als… Read more