Qibu Co Ltd

SHG:603557 China Apparel Manufacturing
Market Cap
$340.73 Million
CN¥2.50 Billion CNY
Market Cap Rank
#14746 Global
#3900 in China
Share Price
CN¥4.01
Change (1 day)
+4.97%
52-Week Range
CN¥1.96 - CN¥4.01
All Time High
CN¥30.01
About

Qibu Corporation Limited designs, develops, produces, and sells children shoes, clothing, and clothing accessories under the ABC KIDS brand name in China and internationally. It offers leather and sports shoes, t-shirts, sweaters, shirts, pants, skirts, coats, suits, woolen coats, jackets, bags, hats, hosiery, underwear, swimwear, and other accessories for children. The company was formerly known… Read more

Qibu Co Ltd (603557) - Net Assets

Latest net assets as of September 2025: CN¥74.70 Million CNY

Based on the latest financial reports, Qibu Co Ltd (603557) has net assets worth CN¥74.70 Million 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¥675.84 Million) and total liabilities (CN¥601.14 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¥74.70 Million
% of Total Assets 11.05%
Annual Growth Rate -13.13%
5-Year Change -96.48%
10-Year Change -92.79%
Growth Volatility 47.03

Qibu Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Qibu 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 Qibu Co Ltd (2013–2024)

The table below shows the annual net assets of Qibu Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥57.09 Million -3.18%
2023-12-31 CN¥58.96 Million -91.56%
2022-12-31 CN¥698.63 Million -46.95%
2021-12-31 CN¥1.32 Billion -18.76%
2020-12-31 CN¥1.62 Billion -3.22%
2019-12-31 CN¥1.67 Billion +8.01%
2018-12-31 CN¥1.55 Billion +10.94%
2017-12-31 CN¥1.40 Billion +44.47%
2016-12-31 CN¥967.52 Million +22.18%
2015-12-31 CN¥791.86 Million +55.35%
2014-12-31 CN¥509.73 Million +89.80%
2013-12-31 CN¥268.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Qibu 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 decreased by 32996.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥550.26 Million 919.41%
Other Comprehensive Income CN¥154.58 Million 258.28%
Other Components CN¥850.27 Million 1420.69%
Total Equity CN¥59.85 Million 100.00%

Qibu Co Ltd Competitors by Market Cap

The table below lists competitors of Qibu Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Qibu Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 61,293,054 to 59,849,407, a change of -1,443,647 (-2.4%).
  • Net loss of 116,441,698 reduced equity.
  • Dividend payments of 21,738,290 reduced retained earnings.
  • Other comprehensive income increased equity by 135,840,736.
  • Other factors increased equity by 895,605.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-116.44 Million -194.56%
Dividends Paid CN¥21.74 Million -36.32%
Other Comprehensive Income CN¥135.84 Million +226.97%
Other Changes CN¥895.61K +1.5%
Total Change CN¥- -2.36%

Book Value vs Market Value Analysis

This analysis compares Qibu 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: 35.46x
  • 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 increased from 5.77x to 35.46x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥0.70 CN¥4.01 x
2014-12-31 CN¥1.32 CN¥4.01 x
2015-12-31 CN¥2.05 CN¥4.01 x
2016-12-31 CN¥2.31 CN¥4.01 x
2017-12-31 CN¥3.16 CN¥4.01 x
2018-12-31 CN¥3.26 CN¥4.01 x
2019-12-31 CN¥3.57 CN¥4.01 x
2020-12-31 CN¥3.40 CN¥4.01 x
2021-12-31 CN¥2.67 CN¥4.01 x
2022-12-31 CN¥1.42 CN¥4.01 x
2023-12-31 CN¥0.12 CN¥4.01 x
2024-12-31 CN¥0.11 CN¥4.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Qibu 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): -194.56%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -35.58%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 13.05x
  • Recent ROE (-194.56%) is below the historical average (-106.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 17.19% 6.71% 1.11x 2.32x CN¥19.31 Million
2014 20.64% 11.51% 0.94x 1.91x CN¥54.21 Million
2015 19.02% 13.36% 0.81x 1.75x CN¥71.44 Million
2016 18.16% 14.24% 0.98x 1.30x CN¥78.91 Million
2017 13.91% 14.51% 0.77x 1.24x CN¥54.65 Million
2018 11.65% 12.92% 0.60x 1.51x CN¥25.62 Million
2019 8.57% 9.42% 0.52x 1.75x CN¥-24.02 Million
2020 -17.28% -36.10% 0.26x 1.84x CN¥-440.71 Million
2021 -17.46% -21.81% 0.44x 1.83x CN¥-360.19 Million
2022 -87.16% -173.41% 0.21x 2.34x CN¥-679.43 Million
2023 -1070.01% -244.99% 0.28x 15.51x CN¥-661.97 Million
2024 -194.56% -35.58% 0.42x 13.05x CN¥-122.43 Million

Industry Comparison

This section compares Qibu Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $2,325,523,488
  • Average return on equity (ROE) among peers: 10.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Qibu Co Ltd (603557) CN¥74.70 Million 17.19% 8.05x $211.59 Million
Zhejiang Weixing Industrial Development Co Ltd (002003) $1.69 Billion 10.00% 0.41x $872.92 Million
Fujian Septwolves Industry Co Ltd (002029) $4.34 Billion 12.93% 0.28x $455.31 Million
Fujian SBS Zipper Science Tech (002098) $907.36 Million 22.11% 1.44x $193.92 Million
Zhejiang Baoxiniao Garment Co Ltd (002154) $4.05 Billion 11.33% 0.48x $465.11 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) $451.05 Million 7.04% 5.02x $376.25 Million
Zhejiang Jiaxin Silk Corp Ltd (002404) $1.35 Billion 5.95% 0.28x $265.95 Million
Cedar Development Co Ltd (002485) $1.98 Billion 0.38% 0.24x $115.45 Million
Huasi Agricultural Development Co Ltd (002494) $126.35 Million 16.94% 0.98x $193.25 Million
Zhejiang Semir Garment Co Ltd (002563) $7.76 Billion 15.77% 0.17x $517.45 Million
Zhejiang Busen Garments Co Ltd (002569) $613.00 Million 6.55% 0.44x $191.63 Million