Guangzhou Fangbang Electronics Co Ltd
Guangzhou Fangbang Electronics Co.,Ltd engages in the research and development, production, and sale of high-end electronic materials and application solutions in China and internationally. The company offers electromagnetic shielding covers, flexible resin coated copper products, negative temperature coefficient-copper foil products, NTC flexible copper clad laminates, various copper foils, and … Read more
Guangzhou Fangbang Electronics Co Ltd (688020) - Net Assets
Latest net assets as of September 2025: CN¥1.40 Billion CNY
Based on the latest financial reports, Guangzhou Fangbang Electronics Co Ltd (688020) has net assets worth CN¥1.40 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¥1.81 Billion) and total liabilities (CN¥407.62 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¥1.40 Billion |
| % of Total Assets | 77.49% |
| Annual Growth Rate | 32.79% |
| 5-Year Change | -14.29% |
| 10-Year Change | 705.13% |
| Growth Volatility | 74.04 |
Guangzhou Fangbang Electronics Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Guangzhou Fangbang Electronics 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 Guangzhou Fangbang Electronics Co Ltd (2013–2024)
The table below shows the annual net assets of Guangzhou Fangbang Electronics Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.40 Billion | -7.11% |
| 2023-12-31 | CN¥1.50 Billion | -3.68% |
| 2022-12-31 | CN¥1.56 Billion | -4.59% |
| 2021-12-31 | CN¥1.64 Billion | +0.41% |
| 2020-12-31 | CN¥1.63 Billion | +5.76% |
| 2019-12-31 | CN¥1.54 Billion | +257.94% |
| 2018-12-31 | CN¥430.24 Million | +20.59% |
| 2017-12-31 | CN¥356.76 Million | +39.08% |
| 2016-12-31 | CN¥256.51 Million | +47.95% |
| 2015-12-31 | CN¥173.38 Million | +39.50% |
| 2014-12-31 | CN¥124.29 Million | +101.63% |
| 2013-12-31 | CN¥61.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Fangbang Electronics 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 363.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥152.84 Million | 11.12% |
| Common Stock | CN¥80.74 Million | 5.88% |
| Other Components | CN¥1.14 Billion | 83.00% |
| Total Equity | CN¥1.37 Billion | 100.00% |
Guangzhou Fangbang Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Fangbang Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianma Bearing Group Co Ltd
SHE:002122
|
$500.15 Million |
|
Aktia Bank Oyj
LSE:0QF8
|
$500.28 Million |
|
Xilong Chemical Co Ltd
SHE:002584
|
$500.38 Million |
|
SY HOLDINGS GROUP HD-01
F:9U0
|
$500.40 Million |
|
WuXi Xinje Electric Co Ltd
SHG:603416
|
$499.99 Million |
|
BLOOMSBURY PUBL. LS-0125
F:5JZ
|
$499.91 Million |
|
Shanghai Zhongzhou Special Alloy Materials Co. Ltd.
SHE:300963
|
$499.65 Million |
|
MKOEF
PINK:MKOEF
|
$499.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Fangbang Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,484,916,098 to 1,374,196,062, a change of -110,720,036 (-7.5%).
- Net loss of 91,642,742 reduced equity.
- Dividend payments of 20,322,803 reduced retained earnings.
- Share repurchases of 10,994,770 reduced equity.
- Other comprehensive income decreased equity by 47,735,816.
- Other factors increased equity by 59,976,095.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-91.64 Million | -6.67% |
| Dividends Paid | CN¥20.32 Million | -1.48% |
| Share Repurchases | CN¥10.99 Million | -0.8% |
| Other Comprehensive Income | CN¥-47.74 Million | -3.47% |
| Other Changes | CN¥59.98 Million | +4.36% |
| Total Change | CN¥- | -7.46% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Fangbang Electronics 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: 5.59x
- 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 93.88x to 5.59x 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¥1.02 | CN¥96.01 | x |
| 2014-12-31 | CN¥2.06 | CN¥96.01 | x |
| 2015-12-31 | CN¥2.84 | CN¥96.01 | x |
| 2016-12-31 | CN¥4.18 | CN¥96.01 | x |
| 2017-12-31 | CN¥5.77 | CN¥96.01 | x |
| 2018-12-31 | CN¥6.91 | CN¥96.01 | x |
| 2019-12-31 | CN¥19.03 | CN¥96.01 | x |
| 2020-12-31 | CN¥20.12 | CN¥96.01 | x |
| 2021-12-31 | CN¥20.28 | CN¥96.01 | x |
| 2022-12-31 | CN¥19.25 | CN¥96.01 | x |
| 2023-12-31 | CN¥18.60 | CN¥96.01 | x |
| 2024-12-31 | CN¥17.18 | CN¥96.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Fangbang Electronics 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): -6.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.60%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.31x
- Recent ROE (-6.67%) is below the historical average (16.34%), 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 | 54.73% | 37.73% | 1.16x | 1.26x | CN¥27.57 Million |
| 2014 | 26.07% | 32.09% | 0.70x | 1.16x | CN¥19.98 Million |
| 2015 | 25.02% | 33.09% | 0.66x | 1.15x | CN¥25.69 Million |
| 2016 | 31.84% | 41.99% | 0.69x | 1.10x | CN¥54.81 Million |
| 2017 | 27.73% | 42.56% | 0.60x | 1.09x | CN¥61.57 Million |
| 2018 | 28.24% | 42.65% | 0.61x | 1.09x | CN¥75.67 Million |
| 2019 | 8.45% | 44.11% | 0.19x | 1.03x | CN¥-23.60 Million |
| 2020 | 7.39% | 41.22% | 0.16x | 1.11x | CN¥-42.05 Million |
| 2021 | 2.04% | 11.56% | 0.15x | 1.19x | CN¥-129.15 Million |
| 2022 | -4.20% | -20.74% | 0.16x | 1.27x | CN¥-219.24 Million |
| 2023 | -4.62% | -19.90% | 0.18x | 1.31x | CN¥-217.16 Million |
| 2024 | -6.67% | -26.60% | 0.19x | 1.31x | CN¥-229.06 Million |
Industry Comparison
This section compares Guangzhou Fangbang Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Fangbang Electronics Co Ltd (688020) | CN¥1.40 Billion | 54.73% | 0.29x | $500.03 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |