Fujian South Highway Machinery Co. Ltd. A
Fujian South Highway Machinery Co., Ltd. manufactures and sells equipment in the engineering mixing field in China. The company offers fine sand making, shaping sand making, fixed crushing and screening, mobile crushing, sand and gravel aggregate shaping, and screening equipment, as well as cement concrete mixing, dry mortar mixing equipment, asphalt mixture mixing, static crushing and screening,… Read more
Fujian South Highway Machinery Co. Ltd. A (603280) - Net Assets
Latest net assets as of June 2025: CN¥1.34 Billion CNY
Based on the latest financial reports, Fujian South Highway Machinery Co. Ltd. A (603280) has net assets worth CN¥1.34 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.19 Billion) and total liabilities (CN¥848.09 Million). 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¥1.34 Billion |
| % of Total Assets | 61.22% |
| Annual Growth Rate | 37.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 52.43 |
Fujian South Highway Machinery Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Fujian South Highway Machinery Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fujian South Highway Machinery Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Fujian South Highway Machinery Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.31 Billion | +4.37% |
| 2023-12-31 | CN¥1.25 Billion | +7.44% |
| 2022-12-31 | CN¥1.17 Billion | +133.55% |
| 2021-12-31 | CN¥499.81 Million | +35.43% |
| 2020-12-31 | CN¥369.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian South Highway Machinery Co. Ltd. A'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 284.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥462.02 Million | 35.30% |
| Other Components | CN¥846.95 Million | 64.70% |
| Total Equity | CN¥1.31 Billion | 100.00% |
Fujian South Highway Machinery Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Fujian South Highway Machinery Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Jiaman Dress Co. Ltd. A
SHE:301276
|
$155.01 Million |
|
Newbury Street II Acquisition Corp Unit
NASDAQ:NTWOU
|
$155.05 Million |
|
AO World plc
F:81A
|
$155.05 Million |
|
UTAH MED. PRODS DL-01
F:UTM
|
$155.19 Million |
|
Trivago NV
NASDAQ:TRVG
|
$154.87 Million |
|
Formosan Union Chemical Corp
TW:1709
|
$154.81 Million |
|
Beijing Tieke Shougang Railway Tech Co Ltd
SHG:688569
|
$154.76 Million |
|
Strike Energy Ltd
AU:STX
|
$154.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian South Highway Machinery Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,254,194,221 to 1,308,974,473, a change of 54,780,252 (4.4%).
- Net income of 90,795,009 contributed positively to equity growth.
- Dividend payments of 36,858,267 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥90.80 Million | +6.94% |
| Dividends Paid | CN¥36.86 Million | -2.82% |
| Other Changes | CN¥843.51K | +0.06% |
| Total Change | CN¥- | 4.37% |
Book Value vs Market Value Analysis
This analysis compares Fujian South Highway Machinery Co. Ltd. A'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: 3.37x
- 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 8.97x to 3.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥4.54 | CN¥40.70 | x |
| 2021-12-31 | CN¥6.15 | CN¥40.70 | x |
| 2022-12-31 | CN¥10.77 | CN¥40.70 | x |
| 2023-12-31 | CN¥11.57 | CN¥40.70 | x |
| 2024-12-31 | CN¥12.07 | CN¥40.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian South Highway Machinery Co. Ltd. A 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.07%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.56x
- Recent ROE (6.94%) is below the historical average (19.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 39.25% | 12.69% | 0.81x | 3.83x | CN¥107.95 Million |
| 2021 | 31.11% | 12.11% | 0.81x | 3.18x | CN¥105.51 Million |
| 2022 | 9.80% | 9.40% | 0.61x | 1.72x | CN¥-2.32 Million |
| 2023 | 9.60% | 10.55% | 0.57x | 1.61x | CN¥-5.00 Million |
| 2024 | 6.94% | 9.07% | 0.49x | 1.56x | CN¥-40.10 Million |
Industry Comparison
This section compares Fujian South Highway Machinery Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian South Highway Machinery Co. Ltd. A (603280) | CN¥1.34 Billion | 39.25% | 0.63x | $154.99 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |