Shandong Fiberglass Group Co Ltd Net Assets
Shandong Fiberglass Group Co Ltd net assets. Based on the latest financial reports, Shandong Fiberglass Group Co Ltd (605006) has net assets worth CN¥2.59 Billion CNY (≈ $379.68 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¥7.80 Billion ≈ $1.14 Billion USD) and total liabilities (CN¥5.20 Billion ≈ $761.46 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 Shandong Fiberglass Group Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.59 Billion |
| % of Total Assets | 33.27% |
| Annual Growth Rate | 14.73% |
| 5-Year Change | 9.59% |
| 10-Year Change | 163.42% |
| Growth Volatility | 17.43 |
Net Assets of Shandong Fiberglass Group Co Ltd (2013–2025)
Net assets of Shandong Fiberglass Group Co Ltd from 2013 to 2025. This chart illustrates how Shandong Fiberglass Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See 605006 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shandong Fiberglass Group Co Ltd (2013–2025)
The table below shows the annual net assets of Shandong Fiberglass Group Co Ltd from 2013 to 2025. For live market cap and overall valuation, see 605006 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.58 Billion ≈ $378.17 Million |
-1.66% |
| 2024-12-31 | CN¥2.63 Billion ≈ $384.55 Million |
-5.75% |
| 2023-12-31 | CN¥2.79 Billion ≈ $408.00 Million |
-1.80% |
| 2022-12-31 | CN¥2.84 Billion ≈ $415.46 Million |
+20.40% |
| 2021-12-31 | CN¥2.36 Billion ≈ $345.07 Million |
+32.37% |
| 2020-12-31 | CN¥1.78 Billion ≈ $260.68 Million |
+31.22% |
| 2019-12-31 | CN¥1.36 Billion ≈ $198.65 Million |
+12.08% |
| 2018-12-31 | CN¥1.21 Billion ≈ $177.25 Million |
+16.19% |
| 2017-12-31 | CN¥1.04 Billion ≈ $152.55 Million |
+6.26% |
| 2016-12-31 | CN¥981.04 Million ≈ $143.56 Million |
+6.53% |
| 2015-12-31 | CN¥920.89 Million ≈ $134.76 Million |
+58.70% |
| 2014-12-31 | CN¥580.28 Million ≈ $84.91 Million |
+16.80% |
| 2013-12-31 | CN¥496.83 Million ≈ $72.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Fiberglass Group 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 4590.1% over the analyzed period, indicating profitable operations and earnings retention.
Shandong Fiberglass Group Co Ltd Net Assets Breakdown (December 2025)
Shandong Fiberglass Group Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.21 Billion | 46.64% |
| Other Components | CN¥1.38 Billion | 53.36% |
| Total Equity | CN¥2.58 Billion | 100.00% |
Shandong Fiberglass Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Fiberglass Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perrigo Company plc
F:PIG
|
$1.28 Billion |
|
Guizhou Redstar Developing Co Ltd
SHG:600367
|
$1.28 Billion |
|
Gemadept Corp
VN:GMD
|
$1.28 Billion |
|
Sylvamo Corp
NYSE:SLVM
|
$1.28 Billion |
|
Loma Negra Compania Industrial Argentina SA
BA:LOMA
|
$1.28 Billion |
|
Ganzhou Tengyuan Cobalt New Material Co. Ltd.
SHE:301219
|
$1.28 Billion |
|
Scandi Standard publ AB
ST:SCST
|
$1.28 Billion |
|
Gs Retail
KO:007070
|
$1.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Fiberglass Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,627,960,312 to 2,584,312,137, a change of -43,648,175 (-1.7%).
- Net loss of 13,432,142 reduced equity.
- Dividend payments of 57,091,804 reduced retained earnings.
- Other comprehensive income decreased equity by 62,069,591.
- Other factors increased equity by 88,945,362.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-13.43 Million | -0.52% |
| Dividends Paid | CN¥57.09 Million | -2.21% |
| Other Comprehensive Income | CN¥-62.07 Million | -2.4% |
| Other Changes | CN¥88.95 Million | +3.44% |
| Total Change | CN¥- | -1.66% |
Book Value vs Market Value Analysis
This analysis compares Shandong Fiberglass Group 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: 3.17x
- 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 9.50x to 3.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.41 | CN¥13.39 | x |
| 2014-12-31 | CN¥1.62 | CN¥13.39 | x |
| 2015-12-31 | CN¥2.44 | CN¥13.39 | x |
| 2016-12-31 | CN¥2.07 | CN¥13.39 | x |
| 2017-12-31 | CN¥2.17 | CN¥13.39 | x |
| 2018-12-31 | CN¥2.52 | CN¥13.39 | x |
| 2019-12-31 | CN¥2.86 | CN¥13.39 | x |
| 2020-12-31 | CN¥3.44 | CN¥13.39 | x |
| 2021-12-31 | CN¥3.93 | CN¥13.39 | x |
| 2022-12-31 | CN¥4.72 | CN¥13.39 | x |
| 2023-12-31 | CN¥4.50 | CN¥13.39 | x |
| 2024-12-31 | CN¥4.25 | CN¥13.39 | x |
| 2025-12-31 | CN¥4.23 | CN¥13.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Fiberglass Group 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): -0.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.54%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.96x
- Recent ROE (-0.52%) is below the historical average (10.45%), 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 | 8.87% | 4.58% | 0.47x | 4.11x | CN¥-5.62 Million |
| 2014 | 14.38% | 8.12% | 0.43x | 4.09x | CN¥25.42 Million |
| 2015 | 10.92% | 8.97% | 0.41x | 2.96x | CN¥8.43 Million |
| 2016 | 14.10% | 10.38% | 0.44x | 3.06x | CN¥40.18 Million |
| 2017 | 11.65% | 7.11% | 0.54x | 3.05x | CN¥17.18 Million |
| 2018 | 13.94% | 9.36% | 0.48x | 3.12x | CN¥47.69 Million |
| 2019 | 10.78% | 8.08% | 0.44x | 3.01x | CN¥10.53 Million |
| 2020 | 9.68% | 8.64% | 0.44x | 2.55x | CN¥-5.77 Million |
| 2021 | 23.16% | 19.87% | 0.54x | 2.15x | CN¥310.21 Million |
| 2022 | 18.87% | 19.26% | 0.55x | 1.78x | CN¥251.87 Million |
| 2023 | 3.78% | 4.78% | 0.33x | 2.38x | CN¥-173.48 Million |
| 2024 | -3.76% | -4.93% | 0.28x | 2.72x | CN¥-361.73 Million |
| 2025 | -0.52% | -0.54% | 0.33x | 2.96x | CN¥-271.86 Million |
Industry Comparison
This section compares Shandong Fiberglass Group Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $3,121,223,511
- Average return on equity (ROE) among peers: 4.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Fiberglass Group Co Ltd (605006) | CN¥2.59 Billion | 8.87% | 2.01x | $1.28 Billion |
| Shenzhen Textile Holdings Co Ltd (000045) | $3.85 Billion | 0.51% | 0.18x | $581.83 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $1.48 Billion | 2.60% | 1.08x | $2.40 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $613.95 Million | 10.13% | 0.69x | $1.31 Billion |
| Lu Thai Textile Co Ltd (000726) | $9.41 Billion | 10.25% | 0.42x | $505.21 Million |
| Anhui Huamao Textile Co Ltd (000850) | $3.20 Billion | 5.92% | 0.93x | $477.78 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.45 Billion | -0.77% | 1.20x | $1.36 Billion |
| Xinlong Holding Group Co Ltd (000955) | $642.48 Million | -17.63% | 0.77x | $273.38 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $3.12 Billion | 2.91% | 1.57x | $783.92 Million |
| Sunvim Group Co Ltd (002083) | $3.33 Billion | 12.32% | 1.23x | $1.15 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $234.86 Million |
About Shandong Fiberglass Group Co Ltd
Shandong Fiberglass Group Co., Ltd engages in the research and development, production, and sale of glass fiber and related products in China and internationally. The company operates in two segments, Glass Fiber Business and Thermoelectric Business. It provides fiberglass direct roving, fiberglass yarn, fiberglass roving, wet-laid tissue, strands, direct roving, fiberglass wet-laid mat, fibergla… Read more