Farasis Energy Gan Zhou Co Ltd (688567) - Net Assets
Based on the latest financial reports, Farasis Energy Gan Zhou Co Ltd (688567) has net assets worth CN¥9.62 Billion CNY (≈ $1.41 Billion 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¥24.52 Billion ≈ $3.59 Billion USD) and total liabilities (CN¥14.89 Billion ≈ $2.18 Billion 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 688567 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.62 Billion |
| % of Total Assets | 39.25% |
| Annual Growth Rate | 53.99% |
| 5-Year Change | -1.64% |
| 10-Year Change | N/A |
| Growth Volatility | 504.17 |
Farasis Energy Gan Zhou Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Farasis Energy Gan Zhou Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 688567 total assets for the complete picture of this company's asset base.
Annual Net Assets for Farasis Energy Gan Zhou Co Ltd (2016–2024)
The table below shows the annual net assets of Farasis Energy Gan Zhou Co Ltd from 2016 to 2024. For live valuation and market cap data, see 688567 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.91 Billion ≈ $1.45 Billion |
-4.55% |
| 2023-12-31 | CN¥10.38 Billion ≈ $1.52 Billion |
-13.58% |
| 2022-12-31 | CN¥12.02 Billion ≈ $1.76 Billion |
+29.57% |
| 2021-12-31 | CN¥9.27 Billion ≈ $1.36 Billion |
-7.96% |
| 2020-12-31 | CN¥10.08 Billion ≈ $1.47 Billion |
+41.86% |
| 2019-12-31 | CN¥7.10 Billion ≈ $1.04 Billion |
+7.19% |
| 2018-12-31 | CN¥6.63 Billion ≈ $969.70 Million |
+1535.08% |
| 2017-12-31 | CN¥405.29 Million ≈ $59.31 Million |
+29.27% |
| 2016-12-31 | CN¥313.51 Million ≈ $45.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Farasis Energy Gan Zhou 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 decreased by 425441598165.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.22 Billion | 12.33% |
| Other Components | CN¥12.98 Billion | 131.00% |
| Total Equity | CN¥9.91 Billion | 100.00% |
Farasis Energy Gan Zhou Co Ltd Competitors by Market Cap
The table below lists competitors of Farasis Energy Gan Zhou Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Robam Appliances Co Ltd
SHE:002508
|
$2.57 Billion |
|
Yankey Engineering Co Ltd
TW:6691
|
$2.57 Billion |
|
Intuitive Machines Inc.
NASDAQ:LUNR
|
$2.57 Billion |
|
Shenzhen Suntak Circuit Technology Co Ltd
SHE:002815
|
$2.57 Billion |
|
WOOLWORTHS HDGS GDR
F:WN30
|
$2.57 Billion |
|
Prestige Brand Holdings Inc
NYSE:PBH
|
$2.57 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
$2.57 Billion |
|
Hoegh Autoliners ASA
OL:HAUTO
|
$2.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Farasis Energy Gan Zhou Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,384,616,385 to 9,911,617,460, a change of -472,998,925 (-4.6%).
- Net loss of 332,059,386 reduced equity.
- Dividend payments of 106,978,424 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-332.06 Million | -3.35% |
| Dividends Paid | CN¥106.98 Million | -1.08% |
| Other Changes | CN¥-33.96 Million | -0.34% |
| Total Change | CN¥- | -4.55% |
Book Value vs Market Value Analysis
This analysis compares Farasis Energy Gan Zhou 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: 1.79x
- 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 16.84x to 1.79x 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¥0.85 | CN¥14.38 | x |
| 2017-12-31 | CN¥1.11 | CN¥14.38 | x |
| 2018-12-31 | CN¥9.32 | CN¥14.38 | x |
| 2019-12-31 | CN¥6.63 | CN¥14.38 | x |
| 2020-12-31 | CN¥9.41 | CN¥14.38 | x |
| 2021-12-31 | CN¥8.66 | CN¥14.38 | x |
| 2022-12-31 | CN¥11.15 | CN¥14.38 | x |
| 2023-12-31 | CN¥8.51 | CN¥14.38 | x |
| 2024-12-31 | CN¥8.02 | CN¥14.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Farasis Energy Gan Zhou 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): -3.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.84%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.69x
- Recent ROE (-3.35%) is above the historical average (-3.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.34% | 1.57% | 0.35x | 4.24x | CN¥-24.01 Million |
| 2017 | 4.51% | 1.36% | 0.62x | 5.30x | CN¥-22.27 Million |
| 2018 | -1.18% | -3.44% | 0.26x | 1.34x | CN¥-740.89 Million |
| 2019 | 1.85% | 5.36% | 0.21x | 1.65x | CN¥-579.11 Million |
| 2020 | -3.28% | -29.56% | 0.07x | 1.53x | CN¥-1.34 Billion |
| 2021 | -10.27% | -27.22% | 0.17x | 2.26x | CN¥-1.88 Billion |
| 2022 | -7.71% | -8.00% | 0.36x | 2.67x | CN¥-2.13 Billion |
| 2023 | -17.99% | -11.36% | 0.55x | 2.90x | CN¥-2.91 Billion |
| 2024 | -3.35% | -2.84% | 0.44x | 2.69x | CN¥-1.32 Billion |
Industry Comparison
This section compares Farasis Energy Gan Zhou Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,881,043,646
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Farasis Energy Gan Zhou Co Ltd (688567) | CN¥9.62 Billion | 2.34% | 1.55x | $2.57 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $149.16 Million | 41.73% | 4.63x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.78 Billion | 7.81% | 0.91x | $8.06 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $2.30 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $36.86 Million | 0.00% | 2.57x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $718.30 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $214.90 Million | 5.52% | 0.47x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $319.83 Million | -26.00% | 1.36x | $793.62 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $436.87 Million | 11.97% | 0.48x | $1.66 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $498.43 Million | 3.21% | 1.20x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $515.59 Million | 31.51% | 1.08x | $3.42 Billion |
About Farasis Energy Gan Zhou Co Ltd
Farasis Energy (Gan Zhou) Co., Ltd. manufactures and sells lithium-ion pouch batteries. It manufactures electrical and equipment machinery; Power battery R&D and sales; sells battery products; promotes technology and application services; sells new energy vehicles; and automotive. In addition, it holds investments, and property. The company was founded in 2009 and is based in Ganzhou, China.