Ajisen (China) Holdings Limited
Ajisen (China) Holdings Limited, an investment holding company, operates a chain of fast casual restaurants in the People's Republic of China and Hong Kong Special Administrative Region. It operates through Operation of Restaurants; Manufacture and Sales of Noodles and Related Products; and Investment Holding segments. The company's restaurants offer Japanese ramen and Japanese-style dishes under… Read more
Ajisen (China) Holdings Limited (AJN) - Net Assets
Latest net assets as of June 2025: €2.92 Billion EUR
Based on the latest financial reports, Ajisen (China) Holdings Limited (AJN) has net assets worth €2.92 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 (€3.98 Billion) and total liabilities (€1.06 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 | €2.92 Billion |
| % of Total Assets | 73.44% |
| Annual Growth Rate | -1.13% |
| 5-Year Change | -8.1% |
| 10-Year Change | 1.65% |
| Growth Volatility | 11.54 |
Ajisen (China) Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Ajisen (China) Holdings 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 Ajisen (China) Holdings Limited (2013–2024)
The table below shows the annual net assets of Ajisen (China) Holdings Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.97 Billion | -2.96% |
| 2023-12-31 | €3.06 Billion | +4.68% |
| 2022-12-31 | €2.92 Billion | -6.19% |
| 2021-12-31 | €3.11 Billion | -3.55% |
| 2020-12-31 | €3.23 Billion | -5.27% |
| 2019-12-31 | €3.41 Billion | +3.11% |
| 2018-12-31 | €3.31 Billion | +12.21% |
| 2017-12-31 | €2.95 Billion | -18.60% |
| 2016-12-31 | €3.62 Billion | +23.98% |
| 2015-12-31 | €2.92 Billion | -16.29% |
| 2014-12-31 | €3.49 Billion | +3.74% |
| 2013-12-31 | €3.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ajisen (China) Holdings 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 23.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.39 Billion | 47.65% |
| Other Components | €1.52 Billion | 52.35% |
| Total Equity | €2.91 Billion | 100.00% |
Ajisen (China) Holdings Limited Competitors by Market Cap
The table below lists competitors of Ajisen (China) Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gandhar Oil Refinery (India) Limited
NSE:GANDHAR
|
$47.21 Million |
|
Y-Entec Co. Ltd
KQ:067900
|
$47.21 Million |
|
CX Technology Corp
TW:2415
|
$47.22 Million |
|
Berlian Laju Tanker Tbk PT
JK:BLTA
|
$47.22 Million |
|
KORE POTASH PLC DL-001
F:KP10
|
$47.19 Million |
|
Aniplus Inc
KQ:310200
|
$47.19 Million |
|
SENSUS HEALTHCARE DL-01
F:5TX
|
$47.18 Million |
|
KS Bancorp Inc
PINK:KSBI
|
$47.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ajisen (China) Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,000,391,000 to 2,911,271,000, a change of -89,120,000 (-3.0%).
- Net loss of 20,224,000 reduced equity.
- Dividend payments of 87,323,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-20.22 Million | -0.69% |
| Dividends Paid | €87.32 Million | -3.0% |
| Other Changes | €18.43 Million | +0.63% |
| Total Change | €- | -2.97% |
Book Value vs Market Value Analysis
This analysis compares Ajisen (China) Holdings 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: 0.03x
- 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 | €2.50 | €0.09 | x |
| 2018-12-31 | €2.96 | €0.09 | x |
| 2019-12-31 | €3.05 | €0.09 | x |
| 2020-12-31 | €2.89 | €0.09 | x |
| 2021-12-31 | €2.80 | €0.09 | x |
| 2022-12-31 | €2.63 | €0.09 | x |
| 2023-12-31 | €2.75 | €0.09 | x |
| 2024-12-31 | €2.67 | €0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ajisen (China) Holdings 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): -0.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.18%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.37x
- Recent ROE (-0.69%) is below the historical average (3.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.32% | 8.26% | 0.81x | 1.24x | €-54.85 Million |
| 2014 | 8.17% | 8.19% | 0.81x | 1.23x | €-61.87 Million |
| 2015 | 6.71% | 7.07% | 0.67x | 1.42x | €-90.66 Million |
| 2016 | 19.87% | 27.96% | 0.54x | 1.32x | €330.51 Million |
| 2017 | -17.81% | -20.87% | 0.63x | 1.34x | €-759.85 Million |
| 2018 | 17.06% | 23.17% | 0.57x | 1.28x | €227.97 Million |
| 2019 | 4.70% | 6.10% | 0.52x | 1.48x | €-176.47 Million |
| 2020 | -2.47% | -4.28% | 0.39x | 1.46x | €-393.64 Million |
| 2021 | 0.68% | 1.05% | 0.46x | 1.41x | €-285.07 Million |
| 2022 | -5.01% | -10.06% | 0.37x | 1.35x | €-431.38 Million |
| 2023 | 6.04% | 9.98% | 0.46x | 1.32x | €-118.85 Million |
| 2024 | -0.69% | -1.18% | 0.43x | 1.37x | €-311.35 Million |
Industry Comparison
This section compares Ajisen (China) Holdings Limited's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $12,726,401,462
- Average return on equity (ROE) among peers: -154.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ajisen (China) Holdings Limited (AJN) | €2.92 Billion | 8.32% | 0.36x | $47.20 Million |
| Food & Life Companies Ltd (2G0) | $77.84 Billion | 18.80% | 3.69x | $4.37 Billion |
| Tao Heung Holdings Limited (BVI) | $1.79 Billion | 9.58% | 0.49x | $6.49 Million |
| HelloFresh SE Bearer Shares (HFG) | $1.02 Billion | 1.90% | 1.53x | $605.15 Million |
| POTBELLY - Frankfurt Stock Exchang (PTB) | $5.50 Million | -1190.01% | 50.57x | $315.15 Million |
| Soup Restaurant Group Limited (SR6) | $10.31 Million | 18.89% | 0.50x | $2.66 Million |
| COMPASS GROUP (XGR) | $5.91 Billion | 21.05% | 2.17x | $45.14 Billion |
| COMPASS GROUP LS-1105 (XGR2) | $2.52 Billion | 39.37% | 3.28x | $42.97 Billion |