Wing Yip Food (China) Holdings Group Limited (900340) - Net Assets
Based on the latest financial reports, Wing Yip Food (China) Holdings Group Limited (900340) has net assets worth ₩165.66 Million KRW (≈ $112.27K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩208.45 Million ≈ $141.26K USD) and total liabilities (₩42.79 Million ≈ $29.00K 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 Wing Yip Food (China) Holdings Group Lim strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩165.66 Million |
| % of Total Assets | 79.47% |
| Annual Growth Rate | 32.85% |
| 5-Year Change | 53.96% |
| 10-Year Change | N/A |
| Growth Volatility | 33.14 |
Wing Yip Food (China) Holdings Group Limited - Net Assets Trend (2015–2024)
This chart illustrates how Wing Yip Food (China) Holdings Group Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Wing Yip Food (China) Holdings Group Lim market cap and net worth.
Annual Net Assets for Wing Yip Food (China) Holdings Group Limited (2015–2024)
The table below shows the annual net assets of Wing Yip Food (China) Holdings Group Limited from 2015 to 2024. Also explore how fast is Wing Yip Food (China) Holdings Group Lim growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.13 Billion ≈ $768.89K |
+12.18% |
| 2023-12-31 | ₩1.01 Billion ≈ $685.40K |
+9.16% |
| 2022-12-31 | ₩926.49 Million ≈ $627.87K |
+10.14% |
| 2021-12-31 | ₩841.16 Million ≈ $570.04K |
+14.14% |
| 2020-12-31 | ₩736.96 Million ≈ $499.42K |
+21.96% |
| 2019-12-31 | ₩604.25 Million ≈ $409.49K |
+17.09% |
| 2018-12-31 | ₩516.06 Million ≈ $349.73K |
+87.90% |
| 2017-12-31 | ₩274.65 Million ≈ $186.13K |
+58.74% |
| 2016-12-31 | ₩173.02 Million ≈ $117.25K |
+96.71% |
| 2015-12-31 | ₩87.96 Million ≈ $59.61K |
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Equity Component Analysis
This analysis shows how different components contribute to Wing Yip Food (China) Holdings Group 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 1331.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩829.50 Million | 73.11% |
| Common Stock | ₩305.09 Million | 26.89% |
| Total Equity | ₩1.13 Billion | 100.00% |
Wing Yip Food (China) Holdings Group Limited Competitors by Market Cap
The table below lists competitors of Wing Yip Food (China) Holdings Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indo Acidatama Tbk
JK:SRSN
|
$45.50 Million |
|
Retail Food Group Ltd
AU:RFG
|
$45.51 Million |
|
Impact BioMedical, Inc.
NYSE MKT:IBO
|
$45.54 Million |
|
N2N Connect Bhd
KLSE:0108
|
$45.55 Million |
|
Ariana Resources Plc
AU:AA2
|
$45.50 Million |
|
Cofix Group Ltd
TA:CFX
|
$45.48 Million |
|
Daeryuk Can Co. Ltd
KQ:004780
|
$45.48 Million |
|
Samil C&S Co Ltd
KO:004440
|
$45.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wing Yip Food (China) Holdings Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,011,386,330 to 1,134,587,820, a change of 123,201,490 (12.2%).
- Net income of 75,573,990 contributed positively to equity growth.
- Share repurchases of 47,627,500 reduced equity.
- New share issuances of 6,232,872 increased equity.
- Other factors increased equity by 89,022,128.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩75.57 Million | +6.66% |
| Share Repurchases | ₩47.63 Million | -4.2% |
| Share Issuances | ₩6.23 Million | +0.55% |
| Other Changes | ₩89.02 Million | +7.85% |
| Total Change | ₩- | 12.18% |
Book Value vs Market Value Analysis
This analysis compares Wing Yip Food (China) Holdings Group 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: 58.82x
- 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 231.30x to 58.82x 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 | ₩5.77 | ₩1334.00 | x |
| 2017-12-31 | ₩9.15 | ₩1334.00 | x |
| 2018-12-31 | ₩12.77 | ₩1334.00 | x |
| 2019-12-31 | ₩13.96 | ₩1334.00 | x |
| 2020-12-31 | ₩15.36 | ₩1334.00 | x |
| 2021-12-31 | ₩17.53 | ₩1334.00 | x |
| 2022-12-31 | ₩19.31 | ₩1334.00 | x |
| 2023-12-31 | ₩21.08 | ₩1334.00 | x |
| 2024-12-31 | ₩22.68 | ₩1334.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wing Yip Food (China) Holdings Group 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): 6.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.26%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.25x
- Recent ROE (6.66%) is below the historical average (23.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 66.48% | 18.54% | 2.04x | 1.76x | ₩49.68 Million |
| 2016 | 47.53% | 18.89% | 1.39x | 1.81x | ₩64.93 Million |
| 2017 | 36.46% | 19.97% | 1.18x | 1.54x | ₩72.68 Million |
| 2018 | 23.32% | 20.82% | 0.85x | 1.31x | ₩68.76 Million |
| 2019 | 10.04% | 9.16% | 0.87x | 1.26x | ₩242.61K |
| 2020 | 10.36% | 10.00% | 0.84x | 1.23x | ₩2.68 Million |
| 2021 | 12.73% | 12.38% | 0.82x | 1.25x | ₩22.93 Million |
| 2022 | 9.21% | 9.70% | 0.77x | 1.23x | ₩-7.32 Million |
| 2023 | 8.39% | 8.94% | 0.74x | 1.28x | ₩-16.24 Million |
| 2024 | 6.66% | 7.26% | 0.74x | 1.25x | ₩-37.88 Million |
Industry Comparison
This section compares Wing Yip Food (China) Holdings Group Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $583,176,873,898
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wing Yip Food (China) Holdings Group Limited (900340) | ₩165.66 Million | 66.48% | 0.26x | $45.50 Million |
| Daehan Flour Mills Co Ltd (001130) | $1.04 Trillion | 4.70% | 0.50x | $12.48 Million |
| Daesang Corp (001680) | $472.17 Billion | 0.00% | 2.84x | $415.60 Million |
| Daesang Corp Preference Shares (001685) | $1.02 Trillion | 10.49% | 1.35x | $13.46 Million |
| Korea Ind (002140) | $105.65 Billion | 0.65% | 1.60x | $33.04 Million |
| Choheung (002600) | $129.46 Billion | 6.06% | 0.68x | $55.99 Million |
| Sam Yang Foods (003230) | $1.27 Trillion | 30.63% | 0.73x | $6.57 Billion |
| Daejoo Inc (003310) | $45.76 Billion | 2.57% | 0.78x | $39.50 Million |
| Harim Holdings Co. Ltd (003380) | $799.64 Billion | 7.88% | 7.61x | $724.38 Million |
| Hansung Ent (003680) | $53.05 Billion | -0.09% | 3.35x | $18.01 Million |
| Namyang Dairy (003920) | $894.97 Billion | 0.56% | 0.16x | $170.66 Million |
About Wing Yip Food (China) Holdings Group Limited
Wing Yip Food Holdings Group Limited, through its subsidiaries, operates as a meat product processing company in the Mainland China. It is involved in the processing, sale, and distribution of cured meat products, including cured pork sausages and cured pork meat products, as well as other cured meat products comprising cured chicken, cured duck, and cured fish products; snack products consisting… Read more