Shuhua Sports Co. Ltd.
Shuhua Sports Co., Ltd. researches, develops, manufactures, and sells sporting goods in China and internationally. It operates in three segments: Display Stand, Indoor Fitness Equipment, and Outdoor Fitness Path. The company offers commercial, home, national, physical training, campus sports, and health and fitness solutions; treadmills, exercise bikes, strength equipment, and elliptical and inve… Read more
Shuhua Sports Co. Ltd. (605299) - Net Assets
Latest net assets as of September 2025: CN¥1.23 Billion CNY
Based on the latest financial reports, Shuhua Sports Co. Ltd. (605299) has net assets worth CN¥1.23 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¥1.98 Billion) and total liabilities (CN¥755.89 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¥1.23 Billion |
| % of Total Assets | 61.88% |
| Annual Growth Rate | 10.81% |
| 5-Year Change | -0.75% |
| 10-Year Change | N/A |
| Growth Volatility | 16.59 |
Shuhua Sports Co. Ltd. - Net Assets Trend (2015–2024)
This chart illustrates how Shuhua Sports 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 Shuhua Sports Co. Ltd. (2015–2024)
The table below shows the annual net assets of Shuhua Sports Co. Ltd. from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.28 Billion | -2.58% |
| 2023-12-31 | CN¥1.32 Billion | +2.21% |
| 2022-12-31 | CN¥1.29 Billion | +0.27% |
| 2021-12-31 | CN¥1.28 Billion | -0.59% |
| 2020-12-31 | CN¥1.29 Billion | +47.34% |
| 2019-12-31 | CN¥877.07 Million | +11.07% |
| 2018-12-31 | CN¥789.65 Million | +7.65% |
| 2017-12-31 | CN¥733.52 Million | +6.05% |
| 2016-12-31 | CN¥691.65 Million | +35.84% |
| 2015-12-31 | CN¥509.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shuhua Sports 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 164.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥410.19 Million | 31.98% |
| Common Stock | CN¥411.67 Million | 32.10% |
| Other Comprehensive Income | CN¥3.37 Million | 0.26% |
| Other Components | CN¥457.31 Million | 35.66% |
| Total Equity | CN¥1.28 Billion | 100.00% |
Shuhua Sports Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shuhua Sports Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infortrend Technology Inc
TW:2495
|
$183.22 Million |
|
Rastar Environmental Protection Materials Co.Ltd.
SHE:300834
|
$183.26 Million |
|
Binh Dinh Pharmaceutical and Medical Equipment JSC
VN:DBD
|
$183.29 Million |
|
Bonava AB B
LSE:0RHA
|
$183.30 Million |
|
Spectral Cap Corp
OTCQB:FCCN
|
$183.19 Million |
|
Bermaz Auto Bhd
KLSE:5248
|
$183.19 Million |
|
American Resources Corp Class A
NASDAQ:AREC
|
$183.18 Million |
|
Karmarts Public Company Limited
BK:KAMART
|
$183.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shuhua Sports Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,316,534,360 to 1,282,544,804, a change of -33,989,556 (-2.6%).
- Net income of 90,332,865 contributed positively to equity growth.
- Dividend payments of 126,146,338 reduced retained earnings.
- Share repurchases of 24,815,020 reduced equity.
- Other comprehensive income increased equity by 376,825.
- Other factors increased equity by 26,262,112.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥90.33 Million | +7.04% |
| Dividends Paid | CN¥126.15 Million | -9.84% |
| Share Repurchases | CN¥24.82 Million | -1.93% |
| Other Comprehensive Income | CN¥376.82K | +0.03% |
| Other Changes | CN¥26.26 Million | +2.05% |
| Total Change | CN¥- | -2.58% |
Book Value vs Market Value Analysis
This analysis compares Shuhua Sports 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: 4.04x
- 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 1.71x to 4.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥7.38 | CN¥12.64 | x |
| 2016-12-31 | CN¥1.97 | CN¥12.64 | x |
| 2017-12-31 | CN¥2.02 | CN¥12.64 | x |
| 2018-12-31 | CN¥2.22 | CN¥12.64 | x |
| 2019-12-31 | CN¥2.45 | CN¥12.64 | x |
| 2020-12-31 | CN¥3.59 | CN¥12.64 | x |
| 2021-12-31 | CN¥3.11 | CN¥12.64 | x |
| 2022-12-31 | CN¥3.18 | CN¥12.64 | x |
| 2023-12-31 | CN¥3.16 | CN¥12.64 | x |
| 2024-12-31 | CN¥3.13 | CN¥12.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shuhua Sports 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): 7.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.37%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.58x
- Recent ROE (7.04%) is below the historical average (13.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 26.20% | 12.61% | 0.98x | 2.11x | CN¥82.48 Million |
| 2016 | 19.33% | 12.57% | 0.79x | 1.96x | CN¥64.54 Million |
| 2017 | 17.34% | 11.24% | 0.79x | 1.97x | CN¥53.84 Million |
| 2018 | 14.89% | 9.95% | 0.81x | 1.85x | CN¥38.62 Million |
| 2019 | 16.76% | 11.02% | 0.84x | 1.82x | CN¥59.26 Million |
| 2020 | 10.60% | 9.23% | 0.74x | 1.56x | CN¥7.72 Million |
| 2021 | 9.01% | 7.41% | 0.86x | 1.41x | CN¥-12.67 Million |
| 2022 | 8.51% | 8.11% | 0.74x | 1.43x | CN¥-19.25 Million |
| 2023 | 9.80% | 9.07% | 0.72x | 1.49x | CN¥-2.68 Million |
| 2024 | 7.04% | 6.37% | 0.70x | 1.58x | CN¥-37.92 Million |
Industry Comparison
This section compares Shuhua Sports Co. Ltd.'s net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $780,869,385
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shuhua Sports Co. Ltd. (605299) | CN¥1.23 Billion | 26.20% | 0.62x | $183.22 Million |
| China Bicycle Co Holdings Ltd (000017) | $-1.76 Billion | 0.00% | 0.00x | $399.65 Million |
| Sportsoul Co. Ltd. A (001300) | $1.06 Billion | 2.11% | 0.25x | $179.80 Million |
| HL Corp Shenzhen (002105) | $567.28 Million | 4.46% | 1.51x | $173.11 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.12 Billion | 5.75% | 0.06x | $627.40 Million |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $533.55 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.06 Billion | 8.95% | 0.37x | $695.43 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $217.49 Million | 21.16% | 1.94x | $334.52 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.73 Billion | 0.16% | 0.22x | $191.51 Million |
| Shifeng Cultural Development Co Ltd (002862) | $569.17 Million | 5.62% | 0.07x | $192.82 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $361.39 Million | 21.08% | 0.71x | $407.33 Million |