Fsilon Furnishing and Construction Materials Corp (605318) - Net Assets
Based on the latest financial reports, Fsilon Furnishing and Construction Materials Corp (605318) has net assets worth CN¥646.30 Million CNY (≈ $94.57 Million USD) 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 ≈ $128.20 Million USD) and total liabilities (CN¥229.81 Million ≈ $33.63 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. Check Fsilon Furnishing and Construction Mater asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 605318 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Fsilon Furnishing and Construction Mater market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥686.00 Million ≈ $100.38 Million |
-12.54% |
| 2023-12-31 | CN¥784.33 Million ≈ $114.77 Million |
+0.04% |
| 2022-12-31 | CN¥784.02 Million ≈ $114.73 Million |
-3.04% |
| 2021-12-31 | CN¥808.62 Million ≈ $118.33 Million |
-4.90% |
| 2020-12-31 | CN¥850.32 Million ≈ $124.43 Million |
+101.13% |
| 2019-12-31 | CN¥422.78 Million ≈ $61.87 Million |
+25.09% |
| 2018-12-31 | CN¥337.99 Million ≈ $49.46 Million |
+88.38% |
| 2017-12-31 | CN¥179.42 Million ≈ $26.25 Million |
+58.87% |
| 2016-12-31 | CN¥112.94 Million ≈ $16.53 Million |
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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 |
|---|---|
|
Alamo Group Inc
NYSE:ALG
|
$1.82 Billion |
|
Yantai Tayho Advanced Materials Co Ltd
SHE:002254
|
$1.82 Billion |
|
Metrovacesa SA
MC:MVC
|
$1.82 Billion |
|
Hangzhou XZB Tech Co Ltd
SHG:603040
|
$1.82 Billion |
|
Dongfang Electric Corporation Limited
F:DEU
|
$1.81 Billion |
|
Americas Silver Corp
TO:USA
|
$1.81 Billion |
|
Guizhou Aviation Technical Development Co Ltd
SHG:688239
|
$1.81 Billion |
|
CSC Financial Co. Ltd
F:CS0
|
$1.81 Billion |
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: 18.12x
- 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 43.67x to 18.12x 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¥98.65 | x |
| 2017-12-31 | CN¥3.59 | CN¥98.65 | x |
| 2018-12-31 | CN¥6.91 | CN¥98.65 | x |
| 2019-12-31 | CN¥4.34 | CN¥98.65 | x |
| 2020-12-31 | CN¥7.95 | CN¥98.65 | x |
| 2021-12-31 | CN¥6.33 | CN¥98.65 | x |
| 2022-12-31 | CN¥6.26 | CN¥98.65 | x |
| 2023-12-31 | CN¥6.11 | CN¥98.65 | x |
| 2024-12-31 | CN¥5.44 | CN¥98.65 | 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: $15,127,785,730
- Average return on equity (ROE) among peers: 8.18%
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 | $1.81 Billion |
| Midea Group Co Ltd (000333) | $11.15 Billion | 13.43% | 2.22x | $82.87 Billion |
| Changhong Meiling Co Ltd (000521) | $5.54 Billion | 4.41% | 1.92x | $707.06 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $112.05 Billion | 22.04% | 1.53x | $31.85 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $15.59 Billion | 6.24% | 2.59x | $3.28 Billion |
| Suncha Technology Co Ltd (001211) | $284.49 Million | 14.41% | 1.06x | $562.30 Million |
| Elec-Tech International Co Ltd (002005) | $1.27 Billion | -29.40% | 1.12x | $735.97 Million |
| Zhejiang Supor Co Ltd (002032) | $3.09 Billion | 15.37% | 0.42x | $5.87 Billion |
| Vatti Corp Ltd (002035) | $478.65 Million | 25.38% | 1.26x | $671.05 Million |
| CNlight Co Ltd (002076) | $1.02 Billion | 3.96% | 0.64x | $402.50 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $805.32 Million | 5.96% | 0.87x | $330.88 Million |
About 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