Freewon China Co. Ltd. A
Freewon China Co.,Ltd. engages in the research and development, manufacture, and sale of precision metal parts in China and internationally. It offers 3C precision metal parts, including powder metallurgy parts, pin needle connector, and precision spring and leaf spring; and automobile precision metal parts, such as shaped spring for headlights, fasteners for car sunroofs, precision spring and le… Read more
Freewon China Co. Ltd. A (688678) - Net Assets
Latest net assets as of September 2025: CN¥1.94 Billion CNY
Based on the latest financial reports, Freewon China Co. Ltd. A (688678) has net assets worth CN¥1.94 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¥4.17 Billion) and total liabilities (CN¥2.23 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¥1.94 Billion |
| % of Total Assets | 46.48% |
| Annual Growth Rate | 32.11% |
| 5-Year Change | 21.17% |
| 10-Year Change | 1458.49% |
| Growth Volatility | 56.03 |
Freewon China Co. Ltd. A - Net Assets Trend (2014–2024)
This chart illustrates how Freewon China 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 Freewon China Co. Ltd. A (2014–2024)
The table below shows the annual net assets of Freewon China Co. Ltd. A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.61 Billion | -0.57% |
| 2023-12-31 | CN¥1.62 Billion | +10.02% |
| 2022-12-31 | CN¥1.47 Billion | +4.98% |
| 2021-12-31 | CN¥1.40 Billion | +5.51% |
| 2020-12-31 | CN¥1.33 Billion | +145.42% |
| 2019-12-31 | CN¥540.98 Million | +58.98% |
| 2018-12-31 | CN¥340.29 Million | +16.03% |
| 2017-12-31 | CN¥293.28 Million | +151.22% |
| 2016-12-31 | CN¥116.74 Million | +13.10% |
| 2015-12-31 | CN¥103.22 Million | +3.92% |
| 2014-12-31 | CN¥99.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freewon China 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 5551.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥409.99 Million | 26.46% |
| Common Stock | CN¥243.16 Million | 15.69% |
| Other Components | CN¥896.35 Million | 57.85% |
| Total Equity | CN¥1.55 Billion | 100.00% |
Freewon China Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Freewon China Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sk Kaken Co.Ltd
PINK:SKKAF
|
$565.65 Million |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
$565.71 Million |
|
Shandong Xingmin Wheel Co Ltd
SHE:002355
|
$565.78 Million |
|
Daxin Materials Corp
TW:5234
|
$565.84 Million |
|
Controladora Vuela Compañía de Aviación S.A.B. de C.V
MX:VOLARA
|
$565.47 Million |
|
Minera Frisco S.A.B. de C.V
PINK:MFRVF
|
$565.46 Million |
|
Jiangxi Guotai Civilian
SHG:603977
|
$565.12 Million |
|
Austal Limited
PINK:AUTLF
|
$564.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freewon China Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,548,485,064 to 1,549,500,104, a change of 1,015,040 (0.1%).
- Net income of 54,526,000 contributed positively to equity growth.
- Dividend payments of 66,947,118 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥54.53 Million | +3.52% |
| Dividends Paid | CN¥66.95 Million | -4.32% |
| Other Changes | CN¥13.44 Million | +0.87% |
| Total Change | CN¥- | 0.07% |
Book Value vs Market Value Analysis
This analysis compares Freewon China 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: 3.41x
- 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 21.81x to 3.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.15 | CN¥25.19 | x |
| 2015-12-31 | CN¥1.19 | CN¥25.19 | x |
| 2016-12-31 | CN¥1.22 | CN¥25.19 | x |
| 2017-12-31 | CN¥3.01 | CN¥25.19 | x |
| 2018-12-31 | CN¥2.75 | CN¥25.19 | x |
| 2019-12-31 | CN¥3.06 | CN¥25.19 | x |
| 2020-12-31 | CN¥7.59 | CN¥25.19 | x |
| 2021-12-31 | CN¥8.01 | CN¥25.19 | x |
| 2022-12-31 | CN¥8.54 | CN¥25.19 | x |
| 2023-12-31 | CN¥8.88 | CN¥25.19 | x |
| 2024-12-31 | CN¥7.39 | CN¥25.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freewon China 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): 3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.24%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.31x
- Recent ROE (3.52%) is below the historical average (9.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.35% | 1.76% | 0.71x | 1.87x | CN¥-7.60 Million |
| 2015 | 5.88% | 3.74% | 0.72x | 2.19x | CN¥-4.22 Million |
| 2016 | 10.68% | 6.23% | 0.79x | 2.16x | CN¥783.07K |
| 2017 | 16.28% | 17.67% | 0.68x | 1.36x | CN¥18.42 Million |
| 2018 | 14.90% | 16.92% | 0.56x | 1.57x | CN¥16.21 Million |
| 2019 | 20.23% | 24.22% | 0.54x | 1.54x | CN¥54.28 Million |
| 2020 | 8.48% | 21.58% | 0.30x | 1.31x | CN¥-20.06 Million |
| 2021 | 8.80% | 16.81% | 0.40x | 1.32x | CN¥-16.65 Million |
| 2022 | 11.01% | 17.47% | 0.40x | 1.56x | CN¥14.89 Million |
| 2023 | 5.71% | 8.92% | 0.30x | 2.15x | CN¥-66.36 Million |
| 2024 | 3.52% | 4.24% | 0.36x | 2.31x | CN¥-100.42 Million |
Industry Comparison
This section compares Freewon China Co. Ltd. A's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,489,765,120
- Average return on equity (ROE) among peers: 1.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freewon China Co. Ltd. A (688678) | CN¥1.94 Billion | 2.35% | 1.15x | $565.49 Million |
| Shandong Tengda Fasten Tech (001379) | $566.40 Million | 23.82% | 1.83x | $190.73 Million |
| Bosun Tools Co Ltd (002282) | $2.24 Billion | 3.22% | 0.22x | $214.50 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $1.24 Billion | 4.97% | 0.07x | $402.89 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.26 Billion | 7.26% | 0.27x | $327.01 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $5.74 Billion | 10.83% | 0.24x | $2.87 Billion |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $654.96 Million | 4.18% | 0.36x | $898.16 Million |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $532.49 Million | 21.79% | 0.53x | $425.67 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $371.05 Million | 15.74% | 0.48x | $449.82 Million |
| Wafangdian Bearing Co Ltd (200706) | $814.00 Million | -46.71% | 2.85x | $24.70 Million |
| Beijing Dinghan Tech Co (300011) | $1.48 Billion | -31.84% | 1.24x | $436.80 Million |