COFCO Joycome Foods Limited
COFCO Joycome Foods Limited, an investment holding company, engages in the production and sales of hog, and livestock slaughtering businesses in Mainland China. The company operates through Hog Production, Feed, Fresh Pork, Processed Meat Products, and Meat Import segments. It is also involved in the production and sale of feed; slaughtering, wholesale, and retail sale of fresh and frozen meats; … Read more
COFCO Joycome Foods Limited (0M7) - Net Assets
Latest net assets as of June 2025: €9.92 Billion EUR
Based on the latest financial reports, COFCO Joycome Foods Limited (0M7) has net assets worth €9.92 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€21.17 Billion) and total liabilities (€11.25 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 | €9.92 Billion |
| % of Total Assets | 46.85% |
| Annual Growth Rate | 10.11% |
| 5-Year Change | 0.12% |
| 10-Year Change | N/A |
| Growth Volatility | 20.13 |
COFCO Joycome Foods Limited - Net Assets Trend (2016–2024)
This chart illustrates how COFCO Joycome Foods Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for COFCO Joycome Foods Limited (2016–2024)
The table below shows the annual net assets of COFCO Joycome Foods Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €9.59 Billion | +3.75% |
| 2023-12-31 | €9.25 Billion | +11.90% |
| 2022-12-31 | €8.26 Billion | -4.02% |
| 2021-12-31 | €8.61 Billion | -10.16% |
| 2020-12-31 | €9.58 Billion | +55.55% |
| 2019-12-31 | €6.16 Billion | +29.03% |
| 2018-12-31 | €4.77 Billion | -3.46% |
| 2017-12-31 | €4.95 Billion | +11.42% |
| 2016-12-31 | €4.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to COFCO Joycome Foods Limited'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 3037.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.69 Billion | 49.96% |
| Other Components | €4.70 Billion | 50.04% |
| Total Equity | €9.38 Billion | 100.00% |
COFCO Joycome Foods Limited Competitors by Market Cap
The table below lists competitors of COFCO Joycome Foods Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen WOTE Advanced Materials Co Ltd
SHE:002886
|
$482.97 Million |
|
Wowprime Corp
TW:2727
|
$482.98 Million |
|
Obsidian Energy Ltd
NYSE MKT:OBE
|
$483.03 Million |
|
Flexium Interconnect Inc
TW:6269
|
$483.12 Million |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$482.88 Million |
|
TOYO ENGINEERG-6330-
F:6AE
|
$482.77 Million |
|
Lee and Man Paper Manufacturing Limited
F:LMP
|
$482.39 Million |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
$482.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COFCO Joycome Foods Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,132,352,000 to 9,383,243,000, a change of 250,891,000 (2.7%).
- Net income of 538,216,000 contributed positively to equity growth.
- Dividend payments of 69,017,000 reduced retained earnings.
- Other factors decreased equity by 218,308,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €538.22 Million | +5.74% |
| Dividends Paid | €69.02 Million | -0.74% |
| Other Changes | €-218.31 Million | -2.33% |
| Total Change | €- | 2.75% |
Book Value vs Market Value Analysis
This analysis compares COFCO Joycome Foods Limited'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: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.26 | €0.17 | x |
| 2018-12-31 | €1.20 | €0.17 | x |
| 2019-12-31 | €1.55 | €0.17 | x |
| 2020-12-31 | €2.41 | €0.17 | x |
| 2021-12-31 | €2.17 | €0.17 | x |
| 2022-12-31 | €2.08 | €0.17 | x |
| 2023-12-31 | €1.99 | €0.17 | x |
| 2024-12-31 | €2.05 | €0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COFCO Joycome Foods Limited 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): 5.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.30%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.17x
- Recent ROE (5.74%) is below the historical average (10.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.46% | 14.39% | 0.80x | 1.87x | €508.42 Million |
| 2017 | 9.08% | 6.39% | 0.78x | 1.82x | €-45.33 Million |
| 2018 | -13.42% | -8.76% | 0.70x | 2.19x | €-1.10 Billion |
| 2019 | 25.98% | 14.21% | 0.69x | 2.66x | €968.07 Million |
| 2020 | 42.46% | 21.11% | 0.92x | 2.19x | €3.05 Billion |
| 2021 | -5.43% | -3.48% | 0.73x | 2.13x | €-1.31 Billion |
| 2022 | 4.40% | 2.76% | 0.70x | 2.27x | €-454.68 Million |
| 2023 | -0.11% | -0.06% | 1.06x | 1.78x | €-922.83 Million |
| 2024 | 5.74% | 3.30% | 0.80x | 2.17x | €-400.11 Million |
Industry Comparison
This section compares COFCO Joycome Foods Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,146,393,461,000
- Average return on equity (ROE) among peers: 0.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COFCO Joycome Foods Limited (0M7) | €9.92 Billion | 21.46% | 1.13x | $482.93 Million |
| WH Group Ltd (0WH) | $9.69 Billion | 11.03% | 1.00x | $7.82 Billion |
| A2 Milk Company Ltd (14L) | $1.08 Billion | 7.44% | 0.27x | $4.22 Billion |
| HOCHDORF HLDG AG (1Z3) | $157.90 Million | -6.47% | 0.72x | $3.93 Million |
| PT Salim Ivomas Pratama Tbk (2IR) | $23.99 Trillion | 6.46% | 0.55x | $11.50 Million |
| DaChan Food (Asia) Limited (3DS) | $2.27 Billion | 6.85% | 0.52x | $17.89 Million |
| Global Sweeteners Holdings Limited (3GS) | $-218.25 Million | 0.00% | 0.00x | $2.66 Million |
| Meiji Holdings Co. Ltd (3M0) | $713.02 Billion | 12.27% | 0.57x | $5.87 Billion |
| Megmilk Snow Brand Co. Ltd (6MG) | $116.45 Billion | 2.21% | 1.87x | $839.43 Million |
| PT Eagle High Plantations Tbk (7B7) | $3.49 Trillion | -31.00% | 3.32x | $31.04 Million |