Fujian Foxit Software Development Joint Stock Co Ltd (688095) - Net Assets
Based on the latest financial reports, Fujian Foxit Software Development Joint Stock Co Ltd (688095) has net assets worth CN¥2.75 Billion CNY (≈ $401.91 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¥3.72 Billion ≈ $543.69 Million USD) and total liabilities (CN¥968.95 Million ≈ $141.79 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 Fujian Foxit Software Development Joint liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.75 Billion |
| % of Total Assets | 73.92% |
| Annual Growth Rate | 36.41% |
| 5-Year Change | -15.33% |
| 10-Year Change | 1916.52% |
| Growth Volatility | 218.6 |
Fujian Foxit Software Development Joint Stock Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Fujian Foxit Software Development Joint Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Fujian Foxit Software Development Joint for the complete picture of this company's asset base.
Annual Net Assets for Fujian Foxit Software Development Joint Stock Co Ltd (2012–2024)
The table below shows the annual net assets of Fujian Foxit Software Development Joint Stock Co Ltd from 2012 to 2024. For live valuation and market cap data, see Fujian Foxit Software Development Joint (688095) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.54 Billion ≈ $372.17 Million |
-0.86% |
| 2023-12-31 | CN¥2.57 Billion ≈ $375.42 Million |
-3.61% |
| 2022-12-31 | CN¥2.66 Billion ≈ $389.50 Million |
-6.50% |
| 2021-12-31 | CN¥2.85 Billion ≈ $416.59 Million |
-5.23% |
| 2020-12-31 | CN¥3.00 Billion ≈ $439.58 Million |
+802.72% |
| 2019-12-31 | CN¥332.77 Million ≈ $48.70 Million |
+22.18% |
| 2018-12-31 | CN¥272.36 Million ≈ $39.85 Million |
+1.41% |
| 2017-12-31 | CN¥268.58 Million ≈ $39.30 Million |
+10.77% |
| 2016-12-31 | CN¥242.46 Million ≈ $35.48 Million |
+92.24% |
| 2015-12-31 | CN¥126.13 Million ≈ $18.46 Million |
+38.58% |
| 2014-12-31 | CN¥91.02 Million ≈ $13.32 Million |
+26.81% |
| 2013-12-31 | CN¥71.77 Million ≈ $10.50 Million |
+17.19% |
| 2012-12-31 | CN¥61.24 Million ≈ $8.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Foxit Software Development Joint Stock 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 242.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥43.98 Million | 1.72% |
| Common Stock | CN¥91.44 Million | 3.58% |
| Other Comprehensive Income | CN¥101.06 Million | 3.96% |
| Other Components | CN¥2.32 Billion | 90.74% |
| Total Equity | CN¥2.55 Billion | 100.00% |
Fujian Foxit Software Development Joint Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Foxit Software Development Joint Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malakoff Corporation Bhd
KLSE:5264
|
$1.05 Billion |
|
Nine Entertainment Co. Holdings Ltd
AU:NEC
|
$1.05 Billion |
|
Altamir SCA
PA:LTA
|
$1.05 Billion |
|
Scandi Standard publ AB
ST:SCST
|
$1.05 Billion |
|
Dor Alon
TA:DRAL
|
$1.05 Billion |
|
B.Grimm Power Public Company Limited
BK:BGRIM
|
$1.05 Billion |
|
BeiJing Certificate Authority Co Ltd
SHE:300579
|
$1.05 Billion |
|
Mingyue Optical Lens Co.Ltd.
SHE:301101
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Foxit Software Development Joint Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,562,395,247 to 2,552,759,092, a change of -9,636,155 (-0.4%).
- Net income of 26,958,258 contributed positively to equity growth.
- Dividend payments of 35,549,129 reduced retained earnings.
- Share repurchases of 8,424,402 reduced equity.
- Other comprehensive income increased equity by 86,099,410.
- Other factors decreased equity by 78,720,292.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.96 Million | +1.06% |
| Dividends Paid | CN¥35.55 Million | -1.39% |
| Share Repurchases | CN¥8.42 Million | -0.33% |
| Other Comprehensive Income | CN¥86.10 Million | +3.37% |
| Other Changes | CN¥-78.72 Million | -3.08% |
| Total Change | CN¥- | -0.38% |
Book Value vs Market Value Analysis
This analysis compares Fujian Foxit Software Development Joint Stock 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: 2.77x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 75.88x to 2.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.03 | CN¥78.46 | x |
| 2013-12-31 | CN¥1.21 | CN¥78.46 | x |
| 2014-12-31 | CN¥1.54 | CN¥78.46 | x |
| 2015-12-31 | CN¥4.05 | CN¥78.46 | x |
| 2016-12-31 | CN¥3.60 | CN¥78.46 | x |
| 2017-12-31 | CN¥3.77 | CN¥78.46 | x |
| 2018-12-31 | CN¥3.81 | CN¥78.46 | x |
| 2019-12-31 | CN¥4.63 | CN¥78.46 | x |
| 2020-12-31 | CN¥31.80 | CN¥78.46 | x |
| 2021-12-31 | CN¥31.01 | CN¥78.46 | x |
| 2022-12-31 | CN¥30.04 | CN¥78.46 | x |
| 2023-12-31 | CN¥28.93 | CN¥78.46 | x |
| 2024-12-31 | CN¥28.30 | CN¥78.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Foxit Software Development Joint Stock 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): 1.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.79%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.21x
- Recent ROE (1.06%) is below the historical average (10.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 14.72% | 11.53% | 1.04x | 1.23x | CN¥2.87 Million |
| 2013 | 14.66% | 10.70% | 0.93x | 1.48x | CN¥3.31 Million |
| 2014 | 25.26% | 18.72% | 0.58x | 2.33x | CN¥13.79 Million |
| 2015 | 30.86% | 27.45% | 0.61x | 1.84x | CN¥26.15 Million |
| 2016 | 4.43% | 6.05% | 0.56x | 1.30x | CN¥-13.43 Million |
| 2017 | 9.64% | 11.64% | 0.62x | 1.33x | CN¥-965.79K |
| 2018 | 14.28% | 13.70% | 0.74x | 1.40x | CN¥11.53 Million |
| 2019 | 22.63% | 20.09% | 0.79x | 1.42x | CN¥41.37 Million |
| 2020 | 3.84% | 24.60% | 0.15x | 1.06x | CN¥-184.79 Million |
| 2021 | 1.63% | 8.54% | 0.17x | 1.12x | CN¥-238.08 Million |
| 2022 | -0.08% | -0.37% | 0.19x | 1.15x | CN¥-267.98 Million |
| 2023 | -3.55% | -14.89% | 0.20x | 1.18x | CN¥-347.18 Million |
| 2024 | 1.06% | 3.79% | 0.23x | 1.21x | CN¥-228.32 Million |
Industry Comparison
This section compares Fujian Foxit Software Development Joint Stock Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,951,687,202
- Average return on equity (ROE) among peers: -0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Foxit Software Development Joint Stock Co Ltd (688095) | CN¥2.75 Billion | 14.72% | 0.35x | $1.05 Billion |
| Digital China Information Service Co Ltd (000555) | $54.46 Million | -79.56% | 3.15x | $1.96 Billion |
| Fujian Newland Computer Co Ltd (000997) | $2.53 Billion | 18.26% | 1.48x | $2.95 Billion |
| YGSOFT Inc (002063) | $2.77 Billion | 9.50% | 0.13x | $1.76 Billion |
| Dhc Software Co Ltd (002065) | $2.27 Billion | 18.56% | 0.48x | $3.86 Billion |
| Zhejiang Netsun Co Ltd (002095) | $494.50 Million | 6.66% | 0.20x | $597.98 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $2.29 Billion | 3.31% | 0.92x | $1.12 Billion |
| Beijing Shiji Information Technology Co Ltd (002153) | $905.80 Million | 23.61% | 0.18x | $4.03 Billion |
| Shanghai 2345 Network Holding Group (002195) | $9.15 Billion | -9.99% | 0.08x | $7.14 Billion |
| Iflytek Co Ltd (002230) | $17.73 Billion | 3.71% | 1.13x | $16.17 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.33 Billion | 3.04% | 0.59x | $1.06 Billion |
About Fujian Foxit Software Development Joint Stock Co Ltd
Fujian Foxit Software Development Joint Stock Co., Ltd. engages in the provision of PDF electronic document solutions worldwide. It offers PDF core technologies, such as document lifecycle, including document generation, conversion, display, editing, searching, printing, storage, signing, forms, protection, and secure distribution management. The company also provides secure electronic document d… Read more