Hunan Fangsheng Pharm Co Ltd

SHG:603998 China Drug Manufacturers - Specialty & Generic
Market Cap
$712.73 Million
CN¥5.23 Billion CNY
Market Cap Rank
#10860 Global
#2465 in China
Share Price
CN¥11.91
Change (1 day)
-0.33%
52-Week Range
CN¥9.17 - CN¥13.01
All Time High
CN¥18.09
About

Hunan Fangsheng Pharmaceutical Co., Ltd. engages in research, develops, produces, and sells traditional Chinese medicine industry and chemical pharmaceutical products in China. The company offers pharmaceutical manufacturing; and provides cardiovascular and cerebrovascular drugs, skeletal muscle system drugs, orthopedic drugs, respiratory drugs, pediatric drugs, gynecological drugs, and anti-infe… Read more

Hunan Fangsheng Pharm Co Ltd (603998) - Net Assets

Latest net assets as of September 2025: CN¥1.75 Billion CNY

Based on the latest financial reports, Hunan Fangsheng Pharm Co Ltd (603998) has net assets worth CN¥1.75 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¥3.03 Billion) and total liabilities (CN¥1.28 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¥1.75 Billion
% of Total Assets 57.8%
Annual Growth Rate 15.77%
5-Year Change 37.06%
10-Year Change 86.2%
Growth Volatility 29.32

Hunan Fangsheng Pharm Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Hunan Fangsheng Pharm 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 Hunan Fangsheng Pharm Co Ltd (2011–2024)

The table below shows the annual net assets of Hunan Fangsheng Pharm Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.73 Billion +9.20%
2023-12-31 CN¥1.59 Billion +5.36%
2022-12-31 CN¥1.51 Billion +15.67%
2021-12-31 CN¥1.30 Billion +3.00%
2020-12-31 CN¥1.27 Billion +5.26%
2019-12-31 CN¥1.20 Billion +8.05%
2018-12-31 CN¥1.11 Billion +7.26%
2017-12-31 CN¥1.04 Billion +5.91%
2016-12-31 CN¥979.69 Million +5.15%
2015-12-31 CN¥931.73 Million +10.66%
2014-12-31 CN¥841.94 Million +117.64%
2013-12-31 CN¥386.85 Million +21.33%
2012-12-31 CN¥318.83 Million +23.34%
2011-12-31 CN¥258.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hunan Fangsheng Pharm 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 872.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥837.41 Million 51.60%
Common Stock CN¥439.09 Million 27.05%
Other Components CN¥346.47 Million 21.35%
Total Equity CN¥1.62 Billion 100.00%

Hunan Fangsheng Pharm Co Ltd Competitors by Market Cap

The table below lists competitors of Hunan Fangsheng Pharm Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,458,093,676 to 1,622,965,416, a change of 164,871,740 (11.3%).
  • Net income of 255,216,208 contributed positively to equity growth.
  • Dividend payments of 129,500,631 reduced retained earnings.
  • Share repurchases of 1,530,622 reduced equity.
  • Other factors increased equity by 40,686,785.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥255.22 Million +15.73%
Dividends Paid CN¥129.50 Million -7.98%
Share Repurchases CN¥1.53 Million -0.09%
Other Changes CN¥40.69 Million +2.51%
Total Change CN¥- 11.31%

Book Value vs Market Value Analysis

This analysis compares Hunan Fangsheng Pharm 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: 3.23x
  • 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 16.27x to 3.23x 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¥0.73 CN¥11.91 x
2012-12-31 CN¥0.92 CN¥11.91 x
2013-12-31 CN¥1.12 CN¥11.91 x
2014-12-31 CN¥3.19 CN¥11.91 x
2015-12-31 CN¥2.05 CN¥11.91 x
2016-12-31 CN¥2.13 CN¥11.91 x
2017-12-31 CN¥2.31 CN¥11.91 x
2018-12-31 CN¥2.45 CN¥11.91 x
2019-12-31 CN¥2.57 CN¥11.91 x
2020-12-31 CN¥2.68 CN¥11.91 x
2021-12-31 CN¥2.79 CN¥11.91 x
2022-12-31 CN¥3.24 CN¥11.91 x
2023-12-31 CN¥3.28 CN¥11.91 x
2024-12-31 CN¥3.69 CN¥11.91 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Fangsheng Pharm 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): 15.73%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.36%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 2.01x
  • Recent ROE (15.73%) is above the historical average (12.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 22.06% 19.75% 0.80x 1.39x CN¥28.36 Million
2012 22.51% 19.90% 0.88x 1.28x CN¥36.74 Million
2013 20.56% 18.35% 0.86x 1.31x CN¥37.72 Million
2014 10.03% 19.49% 0.45x 1.15x CN¥208.24K
2015 10.24% 19.35% 0.44x 1.20x CN¥2.13 Million
2016 7.51% 13.06% 0.42x 1.37x CN¥-23.09 Million
2017 6.06% 8.28% 0.52x 1.39x CN¥-38.78 Million
2018 6.93% 6.94% 0.64x 1.56x CN¥-32.41 Million
2019 7.00% 7.21% 0.55x 1.77x CN¥-33.78 Million
2020 5.54% 4.99% 0.57x 1.95x CN¥-51.38 Million
2021 5.86% 4.47% 0.58x 2.26x CN¥-49.56 Million
2022 20.56% 15.95% 0.61x 2.10x CN¥146.84 Million
2023 12.81% 11.47% 0.53x 2.11x CN¥41.01 Million
2024 15.73% 14.36% 0.54x 2.01x CN¥92.92 Million

Industry Comparison

This section compares Hunan Fangsheng Pharm Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $2,123,990,643
  • Average return on equity (ROE) among peers: -0.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hunan Fangsheng Pharm Co Ltd (603998) CN¥1.75 Billion 22.06% 0.73x $442.92 Million
Shenzhen Neptunus Bioengineering Co Ltd (000078) $6.47 Billion 9.88% 3.77x $616.08 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153) $1.18 Billion 2.74% 0.95x $320.56 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423) $10.33 Billion 15.07% 0.27x $3.03 Billion
Wedge Industrial Co Ltd (000534) $298.72 Million 1.96% 0.38x $1.77 Billion
Yunnan Baiyao Group Co Ltd (000538) $35.11 Million 18.13% 0.80x $5.62 Billion
Hainan Haiyao Co Ltd (000566) $353.98 Million -9.58% 0.80x $702.18 Million
Tus Pharmaceutical Group Co Ltd (000590) $269.51 Million -61.02% 1.05x $317.08 Million
Northeast Pharmaceutical Group Co Ltd (000597) $927.49 Million 2.65% 1.38x $425.60 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623) $1.11 Billion 7.32% 0.29x $2.05 Billion
Renhe Pharmacy Co Ltd (000650) $261.49 Million 10.60% 0.82x $777.45 Million