Zhongfu Shenying Carbon Fiber Co. Ltd. A (688295) - Net Assets
Based on the latest financial reports, Zhongfu Shenying Carbon Fiber Co. Ltd. A (688295) has net assets worth CN¥4.64 Billion CNY (≈ $678.88 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.37 Billion ≈ $1.37 Billion USD) and total liabilities (CN¥4.73 Billion ≈ $692.34 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 688295 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.64 Billion |
| % of Total Assets | 49.51% |
| Annual Growth Rate | 47.08% |
| 5-Year Change | 383.52% |
| 10-Year Change | N/A |
| Growth Volatility | 103.66 |
Zhongfu Shenying Carbon Fiber Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Zhongfu Shenying Carbon Fiber Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore 688295 total assets for the complete picture of this company's asset base.
Annual Net Assets for Zhongfu Shenying Carbon Fiber Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Zhongfu Shenying Carbon Fiber Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see Zhongfu Shenying Carbon Fiber Co. Ltd. A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.63 Billion ≈ $676.82 Million |
-4.54% |
| 2023-12-31 | CN¥4.85 Billion ≈ $708.99 Million |
+4.94% |
| 2022-12-31 | CN¥4.62 Billion ≈ $675.62 Million |
+273.76% |
| 2021-12-31 | CN¥1.24 Billion ≈ $180.77 Million |
+29.14% |
| 2020-12-31 | CN¥956.59 Million ≈ $139.98 Million |
+42.49% |
| 2019-12-31 | CN¥671.36 Million ≈ $98.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhongfu Shenying Carbon Fiber Co. Ltd. A'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 150990522313.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥922.43 Million | 19.94% |
| Other Components | CN¥3.70 Billion | 80.06% |
| Total Equity | CN¥4.63 Billion | 100.00% |
Zhongfu Shenying Carbon Fiber Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhongfu Shenying Carbon Fiber Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
One 97 Communications Limited
NSE:PAYTM
|
$7.53 Billion |
|
The Magnum Ice Cream Company N.V.
AS:MICC
|
$7.53 Billion |
|
Datang International Power Generation Co Ltd Class A
SHG:601991
|
$7.55 Billion |
|
General Insurance Corporation of India
NSE:GICRE
|
$7.55 Billion |
|
INPOST S.A UNSP.ADR/1/2
F:6690
|
$7.52 Billion |
|
NISSAN MOTOR SP. ADR/2
F:NISE
|
$7.52 Billion |
|
Telekom Malaysia Bhd
KLSE:4863
|
$7.52 Billion |
|
Sibanye Stillwater Ltd
JSE:SSW
|
$7.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongfu Shenying Carbon Fiber Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,845,063,569 to 4,625,279,704, a change of -219,783,865 (-4.5%).
- Net loss of 124,383,865 reduced equity.
- Dividend payments of 162,573,671 reduced retained earnings.
- Other factors increased equity by 67,173,671.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-124.38 Million | -2.69% |
| Dividends Paid | CN¥162.57 Million | -3.51% |
| Other Changes | CN¥67.17 Million | +1.45% |
| Total Change | CN¥- | -4.54% |
Book Value vs Market Value Analysis
This analysis compares Zhongfu Shenying Carbon Fiber Co. Ltd. A'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: 11.12x
- 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 68.10x to 11.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥0.84 | CN¥57.15 | x |
| 2020-12-31 | CN¥1.20 | CN¥57.15 | x |
| 2021-12-31 | CN¥1.54 | CN¥57.15 | x |
| 2022-12-31 | CN¥5.13 | CN¥57.15 | x |
| 2023-12-31 | CN¥5.38 | CN¥57.15 | x |
| 2024-12-31 | CN¥5.14 | CN¥57.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongfu Shenying Carbon Fiber Co. Ltd. A 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): -2.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.99%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.02x
- Recent ROE (-2.69%) is below the historical average (8.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.90% | 6.30% | 0.36x | 1.74x | CN¥-40.99 Million |
| 2020 | 8.91% | 16.01% | 0.25x | 2.25x | CN¥-10.43 Million |
| 2021 | 22.56% | 23.75% | 0.32x | 3.01x | CN¥155.19 Million |
| 2022 | 13.11% | 30.33% | 0.28x | 1.57x | CN¥143.38 Million |
| 2023 | 6.56% | 14.08% | 0.24x | 1.97x | CN¥-166.53 Million |
| 2024 | -2.69% | -7.99% | 0.17x | 2.02x | CN¥-586.91 Million |
Industry Comparison
This section compares Zhongfu Shenying Carbon Fiber Co. Ltd. A's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,796,996,073
- Average return on equity (ROE) among peers: 11.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongfu Shenying Carbon Fiber Co. Ltd. A (688295) | CN¥4.64 Billion | 3.90% | 1.02x | $7.53 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $221.32 Million | 10.55% | 0.74x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $8.33 Billion | 2.22% | 2.03x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.26 Billion | -11.33% | 1.70x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $2.37 Billion | 5.91% | 2.61x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $3.12 Billion | 24.63% | 0.08x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $158.61 Million | 29.32% | 1.96x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.51 Billion | 7.32% | 1.02x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $242.92 Million | 18.39% | 1.38x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $693.89 Million | 10.75% | 0.67x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $65.41 Million | 17.36% | 1.55x | $605.40 Million |
About Zhongfu Shenying Carbon Fiber Co. Ltd. A
Zhongfu Shenying Carbon Fiber Co.,Ltd. engages in the research, development, manufacturing and sales of carbon fiber precursor, carbon fiber and carbon fiber products. Its products are used in aerospace, pressure vessels, carbon/carbon composites, electronic 3C, electronic products, new energy vehicles, sports and leisure, wind turbine blades, building reinforcement and other fields. The company … Read more