Fujian Huoju Electronic Net Assets
Fujian Huoju Electronic net assets. Based on the latest financial reports, Fujian Huoju Electronic (603678) has net assets worth CN¥6.48 Billion CNY (≈ $947.50 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¥10.03 Billion ≈ $1.47 Billion USD) and total liabilities (CN¥3.55 Billion ≈ $519.86 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. Also explore Fujian Huoju Electronic annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.48 Billion |
| % of Total Assets | 64.57% |
| Annual Growth Rate | 24.34% |
| 5-Year Change | 33.6% |
| 10-Year Change | 172.84% |
| Growth Volatility | 29.48 |
Net Assets of Fujian Huoju Electronic (2011–2025)
Net assets of Fujian Huoju Electronic from 2011 to 2025. This chart illustrates how Fujian Huoju Electronic's net assets have evolved over time, based on quarterly financial data. See 603678 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Fujian Huoju Electronic (2011–2025)
The table below shows the annual net assets of Fujian Huoju Electronic from 2011 to 2025. For live market cap and overall valuation, see Fujian Huoju Electronic (603678) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.44 Billion ≈ $942.60 Million |
+12.67% |
| 2024-12-31 | CN¥5.72 Billion ≈ $836.60 Million |
+0.86% |
| 2023-12-31 | CN¥5.67 Billion ≈ $829.46 Million |
+3.71% |
| 2022-12-31 | CN¥5.47 Billion ≈ $799.76 Million |
+13.35% |
| 2021-12-31 | CN¥4.82 Billion ≈ $705.57 Million |
+19.84% |
| 2020-12-31 | CN¥4.02 Billion ≈ $588.77 Million |
+26.49% |
| 2019-12-31 | CN¥3.18 Billion ≈ $465.47 Million |
+12.43% |
| 2018-12-31 | CN¥2.83 Billion ≈ $414.02 Million |
+10.78% |
| 2017-12-31 | CN¥2.55 Billion ≈ $373.72 Million |
+8.17% |
| 2016-12-31 | CN¥2.36 Billion ≈ $345.48 Million |
+107.61% |
| 2015-12-31 | CN¥1.14 Billion ≈ $166.40 Million |
+81.98% |
| 2014-12-31 | CN¥624.89 Million ≈ $91.44 Million |
+21.74% |
| 2013-12-31 | CN¥513.29 Million ≈ $75.11 Million |
+22.71% |
| 2012-12-31 | CN¥418.30 Million ≈ $61.21 Million |
+37.09% |
| 2011-12-31 | CN¥305.13 Million ≈ $44.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Huoju Electronic'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 2076.6% over the analyzed period, indicating profitable operations and earnings retention.
Fujian Huoju Electronic Net Assets Breakdown (December 2025)
Fujian Huoju Electronic net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.58 Billion | 58.45% |
| Other Components | CN¥2.54 Billion | 41.55% |
| Total Equity | CN¥6.12 Billion | 100.00% |
Fujian Huoju Electronic Competitors by Market Cap
The table below lists competitors of Fujian Huoju Electronic ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GeneDx Holdings Corp.
NASDAQ:WGS
|
$2.06 Billion |
|
Sunstone Hotel Investors Inc
NYSE:SHO
|
$2.06 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
$2.06 Billion |
|
Greencore Group plc
F:GCG
|
$2.06 Billion |
|
C Sun Manufacturing Ltd
TW:2467
|
$2.06 Billion |
|
Globant SA
NYSE:GLOB
|
$2.06 Billion |
|
ChronoScale Corporation
NASDAQ:CHRN
|
$2.06 Billion |
|
Far Eastern International Bank
TW:2845
|
$2.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Huoju Electronic's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,486,132,148 to 6,117,606,700, a change of 631,474,552 (11.5%).
- Net income of 319,767,197 contributed positively to equity growth.
- Dividend payments of 125,371,227 reduced retained earnings.
- Other factors increased equity by 437,078,583.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥319.77 Million | +5.23% |
| Dividends Paid | CN¥125.37 Million | -2.05% |
| Other Changes | CN¥437.08 Million | +7.14% |
| Total Change | CN¥- | 11.51% |
Book Value vs Market Value Analysis
This analysis compares Fujian Huoju Electronic'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: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 30.43x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.97 | CN¥29.59 | x |
| 2012-12-31 | CN¥1.35 | CN¥29.59 | x |
| 2013-12-31 | CN¥1.65 | CN¥29.59 | x |
| 2014-12-31 | CN¥2.01 | CN¥29.59 | x |
| 2015-12-31 | CN¥2.79 | CN¥29.59 | x |
| 2016-12-31 | CN¥5.41 | CN¥29.59 | x |
| 2017-12-31 | CN¥5.54 | CN¥29.59 | x |
| 2018-12-31 | CN¥6.17 | CN¥29.59 | x |
| 2019-12-31 | CN¥6.90 | CN¥29.59 | x |
| 2020-12-31 | CN¥8.45 | CN¥29.59 | x |
| 2021-12-31 | CN¥9.88 | CN¥29.59 | x |
| 2022-12-31 | CN¥11.14 | CN¥29.59 | x |
| 2023-12-31 | CN¥11.74 | CN¥29.59 | x |
| 2024-12-31 | CN¥12.13 | CN¥29.59 | x |
| 2025-12-31 | CN¥12.86 | CN¥29.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Huoju Electronic 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): 5.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.76%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.52x
- Recent ROE (5.23%) is below the historical average (14.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 30.86% | 17.03% | 1.01x | 1.79x | CN¥63.64 Million |
| 2012 | 27.06% | 15.95% | 0.93x | 1.82x | CN¥71.35 Million |
| 2013 | 23.55% | 15.03% | 0.99x | 1.59x | CN¥69.57 Million |
| 2014 | 21.92% | 15.39% | 0.89x | 1.59x | CN¥74.59 Million |
| 2015 | 13.48% | 14.16% | 0.66x | 1.45x | CN¥39.67 Million |
| 2016 | 8.32% | 12.88% | 0.51x | 1.26x | CN¥-38.96 Million |
| 2017 | 9.38% | 12.54% | 0.57x | 1.31x | CN¥-15.60 Million |
| 2018 | 11.99% | 16.46% | 0.54x | 1.35x | CN¥55.33 Million |
| 2019 | 12.25% | 14.85% | 0.58x | 1.42x | CN¥70.14 Million |
| 2020 | 15.63% | 16.67% | 0.62x | 1.52x | CN¥219.46 Million |
| 2021 | 20.44% | 20.19% | 0.68x | 1.48x | CN¥488.18 Million |
| 2022 | 15.18% | 22.52% | 0.47x | 1.43x | CN¥273.32 Million |
| 2023 | 5.88% | 9.09% | 0.44x | 1.46x | CN¥-223.19 Million |
| 2024 | 3.55% | 6.94% | 0.36x | 1.40x | CN¥-354.09 Million |
| 2025 | 5.23% | 7.76% | 0.44x | 1.52x | CN¥-291.99 Million |
Industry Comparison
This section compares Fujian Huoju Electronic's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,902,973,230
- Average return on equity (ROE) among peers: 6.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Huoju Electronic (603678) | CN¥6.48 Billion | 30.86% | 0.55x | $2.06 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $280.18 Million | 1.16% | 1.43x | $297.44 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $173.91 Million | -9.94% | 2.76x | $1.14 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.50 Billion | 9.74% | 1.05x | $408.04 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.19 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.13 Billion | 1.15% | 0.64x | $5.46 Billion |
| Xiamen Xindeco Ltd (000701) | $3.04 Billion | 0.36% | 4.90x | $561.71 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $23.72 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $14.75 Billion | 6.58% | 0.22x | $2.76 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $532.59 Million | 12.12% | 0.78x | $1.74 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.83 Billion | 11.00% | 0.55x | $3.16 Billion |
About Fujian Huoju Electronic
Fujian Torch Electron Technology Co., Ltd. engages in the research, development, production, sale, and servicing of electronic components, new materials, and related products in China and internationally. The company is involved in the sales in the automotive and new energy sectors; production and sales of machined parts; research and development of thin film capacitors and their supporting equip… Read more