Ningbo Peace Bird Fashion
Ningbo Peacebird Fashion Co.,Ltd. operates as a customer-centric fashion brand retailer in China. The company offers women's, men's and children's clothing products under the PEACEBIRD WOMEN, PEACEBIRD MEN, Mini Peace, LEDIN, and other brands. It also retails and wholesales clothing and accessories; manufactures feathers; and offers technical development, consulting, exchanges, transfer, and prom… Read more
Ningbo Peace Bird Fashion (603877) - Net Assets
Latest net assets as of September 2025: CN¥4.28 Billion CNY
Based on the latest financial reports, Ningbo Peace Bird Fashion (603877) has net assets worth CN¥4.28 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¥7.57 Billion) and total liabilities (CN¥3.29 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¥4.28 Billion |
| % of Total Assets | 56.53% |
| Annual Growth Rate | 13.59% |
| 5-Year Change | 15.69% |
| 10-Year Change | 154.66% |
| Growth Volatility | 18.64 |
Ningbo Peace Bird Fashion - Net Assets Trend (2011–2024)
This chart illustrates how Ningbo Peace Bird Fashion'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 Peace Bird Fashion (2011–2024)
The table below shows the annual net assets of Ningbo Peace Bird Fashion from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.51 Billion | -0.39% |
| 2023-12-31 | CN¥4.53 Billion | +9.07% |
| 2022-12-31 | CN¥4.15 Billion | -2.74% |
| 2021-12-31 | CN¥4.27 Billion | +9.48% |
| 2020-12-31 | CN¥3.90 Billion | +10.94% |
| 2019-12-31 | CN¥3.52 Billion | -0.34% |
| 2018-12-31 | CN¥3.53 Billion | +6.41% |
| 2017-12-31 | CN¥3.32 Billion | +67.16% |
| 2016-12-31 | CN¥1.98 Billion | +11.93% |
| 2015-12-31 | CN¥1.77 Billion | +25.03% |
| 2014-12-31 | CN¥1.42 Billion | +37.76% |
| 2013-12-31 | CN¥1.03 Billion | +19.02% |
| 2012-12-31 | CN¥864.33 Million | +0.47% |
| 2011-12-31 | CN¥860.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Peace Bird Fashion'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 1442.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.43 Billion | 54.02% |
| Common Stock | CN¥473.83 Million | 10.52% |
| Other Components | CN¥1.60 Billion | 35.46% |
| Total Equity | CN¥4.50 Billion | 100.00% |
Ningbo Peace Bird Fashion Competitors by Market Cap
The table below lists competitors of Ningbo Peace Bird Fashion ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Navigation Control Technology Co. Ltd.
SHG:688282
|
$139.82 Million |
|
Dune Acquisition Corporation II Units
NASDAQ:IPODU
|
$139.85 Million |
|
Zhejiang Extek Technology Co. Ltd. A
SHE:301399
|
$139.89 Million |
|
Avita Medical Ltd
NASDAQ:RCEL
|
$139.91 Million |
|
Vivozon Healthcare Inc
KQ:082800
|
$139.77 Million |
|
Ozak Gayrimenkul Yatirim Ortakligi AS
IS:OZKGY
|
$139.77 Million |
|
PENSIONBEE GRP LS -001
F:6HD
|
$139.76 Million |
|
RANPAK HLD. CL.A DL-0001
F:0ZA
|
$139.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Peace Bird Fashion's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,520,870,266 to 4,504,931,966, a change of -15,938,300 (-0.4%).
- Net income of 258,455,329 contributed positively to equity growth.
- Dividend payments of 290,280,691 reduced retained earnings.
- Share repurchases of 173,250 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥258.46 Million | +5.74% |
| Dividends Paid | CN¥290.28 Million | -6.44% |
| Share Repurchases | CN¥173.25K | -0.0% |
| Other Changes | CN¥16.06 Million | +0.36% |
| Total Change | CN¥- | -0.35% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Peace Bird Fashion'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: 1.61x
- 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 8.56x to 1.61x 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¥1.80 | CN¥15.45 | x |
| 2012-12-31 | CN¥2.07 | CN¥15.45 | x |
| 2013-12-31 | CN¥2.47 | CN¥15.45 | x |
| 2014-12-31 | CN¥3.38 | CN¥15.45 | x |
| 2015-12-31 | CN¥4.25 | CN¥15.45 | x |
| 2016-12-31 | CN¥4.76 | CN¥15.45 | x |
| 2017-12-31 | CN¥7.05 | CN¥15.45 | x |
| 2018-12-31 | CN¥7.43 | CN¥15.45 | x |
| 2019-12-31 | CN¥7.46 | CN¥15.45 | x |
| 2020-12-31 | CN¥8.27 | CN¥15.45 | x |
| 2021-12-31 | CN¥9.06 | CN¥15.45 | x |
| 2022-12-31 | CN¥8.82 | CN¥15.45 | x |
| 2023-12-31 | CN¥9.54 | CN¥15.45 | x |
| 2024-12-31 | CN¥9.60 | CN¥15.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Peace Bird Fashion 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): 5.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.80%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.87x
- Recent ROE (5.74%) is below the historical average (16.02%), 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 | 10.70% | 5.17% | 1.07x | 1.93x | CN¥6.01 Million |
| 2012 | 11.61% | 3.91% | 1.27x | 2.34x | CN¥13.89 Million |
| 2013 | 20.68% | 5.56% | 1.37x | 2.72x | CN¥109.98 Million |
| 2014 | 30.74% | 8.74% | 1.46x | 2.41x | CN¥294.77 Million |
| 2015 | 30.12% | 9.08% | 1.44x | 2.31x | CN¥357.99 Million |
| 2016 | 21.41% | 6.76% | 1.34x | 2.37x | CN¥227.87 Million |
| 2017 | 13.48% | 6.26% | 1.16x | 1.86x | CN¥115.74 Million |
| 2018 | 16.15% | 7.41% | 1.16x | 1.88x | CN¥217.63 Million |
| 2019 | 15.69% | 6.96% | 1.13x | 2.00x | CN¥200.10 Million |
| 2020 | 18.29% | 7.59% | 1.10x | 2.19x | CN¥323.07 Million |
| 2021 | 15.87% | 6.20% | 1.07x | 2.39x | CN¥250.49 Million |
| 2022 | 4.49% | 2.16% | 1.01x | 2.06x | CN¥-228.45 Million |
| 2023 | 9.33% | 5.41% | 0.96x | 1.79x | CN¥-30.14 Million |
| 2024 | 5.74% | 3.80% | 0.81x | 1.87x | CN¥-192.04 Million |
Industry Comparison
This section compares Ningbo Peace Bird Fashion's net assets metrics with peer companies in the Apparel Retail industry.
No peer company data available for comparison.