Shenyang Fortune Precision Equipment Co. Ltd. A
Shenyang Fortune Precision Equipment Co., Ltd. researches, develops, manufactures, and sells semiconductor equipment precision parts and components in China and internationally. It provides process and structural components, module products, and gas pipelines products that are used in semiconductor equipment, such as etching, thin film deposition, photolithography and glue coating development, ch… Read more
Shenyang Fortune Precision Equipment Co. Ltd. A (688409) - Net Assets
Latest net assets as of June 2025: CN¥4.66 Billion CNY
Based on the latest financial reports, Shenyang Fortune Precision Equipment Co. Ltd. A (688409) has net assets worth CN¥4.66 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.06 Billion) and total liabilities (CN¥4.39 Billion). 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¥4.66 Billion |
| % of Total Assets | 51.51% |
| Annual Growth Rate | 50.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 143.08 |
Shenyang Fortune Precision Equipment Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Shenyang Fortune Precision Equipment Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenyang Fortune Precision Equipment Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Shenyang Fortune Precision Equipment Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.70 Billion | -1.28% |
| 2023-12-31 | CN¥4.76 Billion | -0.18% |
| 2022-12-31 | CN¥4.77 Billion | +335.83% |
| 2021-12-31 | CN¥1.09 Billion | +19.32% |
| 2020-12-31 | CN¥916.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenyang Fortune Precision Equipment 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 960.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥361.55 Million | 7.88% |
| Other Components | CN¥4.23 Billion | 92.12% |
| Total Equity | CN¥4.59 Billion | 100.00% |
Shenyang Fortune Precision Equipment Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shenyang Fortune Precision Equipment Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LIQUIDIA CORP. DL-001
F:LT4
|
$1.90 Billion |
|
Topaz Energy Corp
PINK:TPZEF
|
$1.90 Billion |
|
Neogen Corporation
NASDAQ:NEOG
|
$1.90 Billion |
|
MDA Ltd
PINK:MDALF
|
$1.91 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
$1.90 Billion |
|
Paycor HCM Inc
NASDAQ:PYCR
|
$1.90 Billion |
|
Marex Group plc Ordinary Shares
NASDAQ:MRX
|
$1.90 Billion |
|
SPS COMMERCE INC. DL-001
F:S86
|
$1.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenyang Fortune Precision Equipment Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,564,855,456 to 4,588,174,157, a change of 23,318,702 (0.5%).
- Net income of 202,649,846 contributed positively to equity growth.
- Dividend payments of 213,108,920 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥202.65 Million | +4.42% |
| Dividends Paid | CN¥213.11 Million | -4.64% |
| Other Changes | CN¥33.78 Million | +0.74% |
| Total Change | CN¥- | 0.51% |
Book Value vs Market Value Analysis
This analysis compares Shenyang Fortune Precision Equipment 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: 6.12x
- 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 23.05x to 6.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥3.95 | CN¥91.09 | x |
| 2021-12-31 | CN¥4.52 | CN¥91.09 | x |
| 2022-12-31 | CN¥15.01 | CN¥91.09 | x |
| 2023-12-31 | CN¥14.75 | CN¥91.09 | x |
| 2024-12-31 | CN¥14.90 | CN¥91.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenyang Fortune Precision Equipment 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): 4.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.67%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.82x
- Recent ROE (4.42%) is below the historical average (7.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 10.20% | 19.43% | 0.33x | 1.59x | CN¥1.81 Million |
| 2021 | 12.07% | 15.00% | 0.34x | 2.37x | CN¥21.68 Million |
| 2022 | 5.28% | 15.89% | 0.23x | 1.43x | CN¥-218.99 Million |
| 2023 | 3.70% | 8.17% | 0.27x | 1.66x | CN¥-287.80 Million |
| 2024 | 4.42% | 6.67% | 0.36x | 1.82x | CN¥-256.17 Million |
Industry Comparison
This section compares Shenyang Fortune Precision Equipment Co. Ltd. A's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenyang Fortune Precision Equipment Co. Ltd. A (688409) | CN¥4.66 Billion | 10.20% | 0.94x | $1.90 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |