Fsilon Furnishing and Construction Materials Corp
Fsilon Furnishing and Construction Materials Corporation engages in the research, development, production, and sale of integrated ceilings, integrated walls, prefabricated interiors, and other products in China. It offers kitchen and bathroom appliances, prefabricated tooling products, and prefabricated home furnishing products. The company was founded in 2007 and is headquartered in Jiaxing, Chi… Read more
Fsilon Furnishing and Construction Materials Corp (605318) - Net Assets
Latest net assets as of September 2025: CN¥646.30 Million CNY
Based on the latest financial reports, Fsilon Furnishing and Construction Materials Corp (605318) has net assets worth CN¥646.30 Million 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¥876.10 Million) and total liabilities (CN¥229.81 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¥646.30 Million |
| % of Total Assets | 73.77% |
| Annual Growth Rate | 25.3% |
| 5-Year Change | -19.32% |
| 10-Year Change | N/A |
| Growth Volatility | 42.31 |
Fsilon Furnishing and Construction Materials Corp - Net Assets Trend (2016–2024)
This chart illustrates how Fsilon Furnishing and Construction Materials Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fsilon Furnishing and Construction Materials Corp (2016–2024)
The table below shows the annual net assets of Fsilon Furnishing and Construction Materials Corp from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥686.00 Million | -12.54% |
| 2023-12-31 | CN¥784.33 Million | +0.04% |
| 2022-12-31 | CN¥784.02 Million | -3.04% |
| 2021-12-31 | CN¥808.62 Million | -4.90% |
| 2020-12-31 | CN¥850.32 Million | +101.13% |
| 2019-12-31 | CN¥422.78 Million | +25.09% |
| 2018-12-31 | CN¥337.99 Million | +88.38% |
| 2017-12-31 | CN¥179.42 Million | +58.87% |
| 2016-12-31 | CN¥112.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fsilon Furnishing and Construction Materials Corp'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 66.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥91.82 Million | 13.39% |
| Common Stock | CN¥125.92 Million | 18.35% |
| Other Components | CN¥468.26 Million | 68.26% |
| Total Equity | CN¥686.00 Million | 100.00% |
Fsilon Furnishing and Construction Materials Corp Competitors by Market Cap
The table below lists competitors of Fsilon Furnishing and Construction Materials Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GungHo Online Entertainment Inc
OTCGREY:GUNGF
|
$609.17 Million |
|
SandRidge Energy Inc
NYSE:SD
|
$609.22 Million |
|
NioCorp Developments Ltd. Common Stock
NASDAQ:NB
|
$609.49 Million |
|
ARIAKE JAPAN CO.LTD
F:5EF
|
$609.54 Million |
|
Rupert Resources Ltd
OTCQX:RUPRF
|
$608.42 Million |
|
Xvivo Perfusion AB (publ)
PINK:XVIPF
|
$607.94 Million |
|
Salfacorp
SN:SALFACORP
|
$607.92 Million |
|
Hunan New Wellful Co Ltd
SHG:600975
|
$607.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fsilon Furnishing and Construction Materials Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 784,332,796 to 686,000,066, a change of -98,332,730 (-12.5%).
- Net loss of 28,987,333 reduced equity.
- Dividend payments of 40,968,747 reduced retained earnings.
- Share repurchases of 79,369,570 reduced equity.
- Other comprehensive income increased equity by 29,657,298.
- Other factors increased equity by 21,335,622.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-28.99 Million | -4.23% |
| Dividends Paid | CN¥40.97 Million | -5.97% |
| Share Repurchases | CN¥79.37 Million | -11.57% |
| Other Comprehensive Income | CN¥29.66 Million | +4.32% |
| Other Changes | CN¥21.34 Million | +3.11% |
| Total Change | CN¥- | -12.54% |
Book Value vs Market Value Analysis
This analysis compares Fsilon Furnishing and Construction Materials Corp'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: 13.50x
- 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 32.54x to 13.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.26 | CN¥73.50 | x |
| 2017-12-31 | CN¥3.59 | CN¥73.50 | x |
| 2018-12-31 | CN¥6.91 | CN¥73.50 | x |
| 2019-12-31 | CN¥4.34 | CN¥73.50 | x |
| 2020-12-31 | CN¥7.95 | CN¥73.50 | x |
| 2021-12-31 | CN¥6.33 | CN¥73.50 | x |
| 2022-12-31 | CN¥6.26 | CN¥73.50 | x |
| 2023-12-31 | CN¥6.11 | CN¥73.50 | x |
| 2024-12-31 | CN¥5.44 | CN¥73.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fsilon Furnishing and Construction Materials Corp 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): -4.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.76%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.47x
- Recent ROE (-4.23%) is below the historical average (17.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 41.38% | 13.37% | 1.52x | 2.04x | CN¥35.44 Million |
| 2017 | 53.77% | 17.49% | 1.56x | 1.97x | CN¥78.54 Million |
| 2018 | 24.27% | 15.86% | 1.02x | 1.50x | CN¥48.23 Million |
| 2019 | 20.03% | 17.64% | 0.79x | 1.44x | CN¥42.39 Million |
| 2020 | 7.55% | 14.32% | 0.40x | 1.32x | CN¥-20.84 Million |
| 2021 | 7.27% | 8.86% | 0.53x | 1.55x | CN¥-22.09 Million |
| 2022 | 1.44% | 1.65% | 0.57x | 1.54x | CN¥-67.12 Million |
| 2023 | 1.64% | 1.74% | 0.60x | 1.57x | CN¥-65.59 Million |
| 2024 | -4.23% | -4.76% | 0.60x | 1.47x | CN¥-97.59 Million |
Industry Comparison
This section compares Fsilon Furnishing and Construction Materials Corp's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fsilon Furnishing and Construction Materials Corp (605318) | CN¥646.30 Million | 41.38% | 0.36x | $608.91 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |