China Tontine Wines Group Limited
China Tontine Wines Group Limited, an investment holding company, produces and sells grape wine in the People's Republic of China. It offers sweet wines and dry wines under the Tongtian, Tongtian Hong, and TONTINE labels. The company also produces and sells brandy, white wines, and other wine products, as well as processes grape juices. China Tontine Wines Group Limited was founded in 2001 and is… Read more
China Tontine Wines Group Limited (CATWF) - Net Assets
Latest net assets as of June 2025: $157.78 Million USD
Based on the latest financial reports, China Tontine Wines Group Limited (CATWF) has net assets worth $157.78 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($218.35 Million) and total liabilities ($60.56 Million). 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 | $157.78 Million |
| % of Total Assets | 72.26% |
| Annual Growth Rate | -5.22% |
| 5-Year Change | -68.21% |
| 10-Year Change | -79.56% |
| Growth Volatility | 49.63 |
China Tontine Wines Group Limited - Net Assets Trend (2008–2024)
This chart illustrates how China Tontine Wines Group 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 China Tontine Wines Group Limited (2008–2024)
The table below shows the annual net assets of China Tontine Wines Group Limited from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $157.32 Million | -68.37% |
| 2023-12-31 | $497.38 Million | -12.39% |
| 2022-12-31 | $567.71 Million | -1.91% |
| 2021-12-31 | $578.74 Million | +16.94% |
| 2020-12-31 | $494.89 Million | -25.39% |
| 2019-12-31 | $663.28 Million | +1.26% |
| 2018-12-31 | $655.00 Million | +0.54% |
| 2017-12-31 | $651.46 Million | -5.39% |
| 2016-12-31 | $688.55 Million | -10.54% |
| 2015-12-31 | $769.67 Million | +1.78% |
| 2014-12-31 | $756.24 Million | -49.49% |
| 2013-12-31 | $1.50 Billion | -19.14% |
| 2012-12-31 | $1.85 Billion | +2.78% |
| 2011-12-31 | $1.80 Billion | +9.45% |
| 2010-12-31 | $1.65 Billion | +69.59% |
| 2009-12-31 | $970.55 Million | +161.46% |
| 2008-12-31 | $371.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Tontine Wines 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 decreased by 101622000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.83 Million | 27.90% |
| Other Comprehensive Income | $96.80 Million | 104.57% |
| Other Components | $986.16 Million | 1065.24% |
| Total Equity | $92.58 Million | 100.00% |
China Tontine Wines Group Limited Competitors by Market Cap
The table below lists competitors of China Tontine Wines Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rede Energia Participações S.A
SA:REDE3
|
$7.70 Million |
|
Berchtesgadener Bergbahn AG
MU:BGB
|
$7.71 Million |
|
Hansol Inticube Co. Ltd
KQ:070590
|
$7.71 Million |
|
Puncak Niaga Holdings Bhd
KLSE:6807
|
$7.72 Million |
|
Electronic City Indonesia Tbk
JK:ECII
|
$7.70 Million |
|
Asset Vision Co Ltd
AU:ASV
|
$7.70 Million |
|
Biomaxima
WAR:BMX
|
$7.70 Million |
|
StarFlex Co. Ltd
KQ:115570
|
$7.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Tontine Wines Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 403,920,000 to 92,577,000, a change of -311,343,000 (-77.1%).
- Net loss of 321,302,000 reduced equity.
- Other comprehensive income increased equity by 9,958,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-321.30 Million | -347.06% |
| Other Comprehensive Income | $9.96 Million | +10.76% |
| Other Changes | $1.00 | +0.0% |
| Total Change | $- | -77.08% |
Book Value vs Market Value Analysis
This analysis compares China Tontine Wines 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: 0.23x
- 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.
- The price-to-book ratio has increased from 0.03x to 0.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $2.80 | $0.07 | x |
| 2009-12-31 | $7.09 | $0.07 | x |
| 2010-12-31 | $9.38 | $0.07 | x |
| 2011-12-31 | $8.93 | $0.07 | x |
| 2012-12-31 | $9.20 | $0.07 | x |
| 2013-12-31 | $6.69 | $0.07 | x |
| 2014-12-31 | $3.42 | $0.07 | x |
| 2015-12-31 | $3.46 | $0.07 | x |
| 2016-12-31 | $3.08 | $0.07 | x |
| 2017-12-31 | $2.88 | $0.07 | x |
| 2018-12-31 | $2.86 | $0.07 | x |
| 2019-12-31 | $2.88 | $0.07 | x |
| 2020-12-31 | $2.07 | $0.07 | x |
| 2021-12-31 | $2.05 | $0.07 | x |
| 2022-12-31 | $1.65 | $0.07 | x |
| 2023-12-31 | $1.34 | $0.07 | x |
| 2024-12-31 | $0.31 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Tontine Wines 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): -347.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -297.53%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.35x
- Recent ROE (-347.06%) is below the historical average (-28.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 36.85% | 28.10% | 1.08x | 1.21x | $99.67 Million |
| 2009 | 17.94% | 29.80% | 0.55x | 1.10x | $77.05 Million |
| 2010 | 12.64% | 29.58% | 0.40x | 1.07x | $43.53 Million |
| 2011 | 10.48% | 22.75% | 0.43x | 1.08x | $8.69 Million |
| 2012 | 4.80% | 13.50% | 0.34x | 1.04x | $-96.29 Million |
| 2013 | -37.39% | -286.29% | 0.11x | 1.18x | $-638.63 Million |
| 2014 | -95.68% | -230.15% | 0.35x | 1.19x | $-727.84 Million |
| 2015 | 0.98% | 2.33% | 0.36x | 1.18x | $-62.71 Million |
| 2016 | -15.04% | -34.38% | 0.37x | 1.19x | $-155.32 Million |
| 2017 | -6.81% | -12.22% | 0.45x | 1.24x | $-97.62 Million |
| 2018 | -0.63% | -1.03% | 0.50x | 1.23x | $-61.31 Million |
| 2019 | -0.14% | -0.24% | 0.44x | 1.30x | $-58.76 Million |
| 2020 | -38.85% | -150.31% | 0.20x | 1.29x | $-203.89 Million |
| 2021 | 2.30% | 5.44% | 0.32x | 1.31x | $-38.02 Million |
| 2022 | -5.46% | -18.07% | 0.24x | 1.26x | $-74.77 Million |
| 2023 | -19.86% | -42.40% | 0.34x | 1.37x | $-120.59 Million |
| 2024 | -347.06% | -297.53% | 0.50x | 2.35x | $-330.56 Million |
Industry Comparison
This section compares China Tontine Wines Group Limited's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $2,743,753,368
- Average return on equity (ROE) among peers: 21.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Tontine Wines Group Limited (CATWF) | $157.78 Million | 36.85% | 0.38x | $7.70 Million |
| Andrew Peller Limited (ADWPF) | $220.25 Million | 13.67% | 1.09x | $98.78 Million |
| Agencia Comercial Spirits Ltd Class A Ordinary Shares (AGCC) | $1.21 Million | 19.76% | 1.23x | $74.90 Million |
| Aristocrat Group Corp (ASCC) | $-358.17K | 0.00% | 0.00x | $74.46K |
| Australian Vintage Ltd (AUVGF) | $13.86 Million | 10.42% | 0.83x | $16.12 Million |
| Becle SA de CV (BCCLF) | $23.65 Billion | 22.45% | 0.63x | $555.00 Million |
| Brown-Forman Corporation (BF-A) | $634.00 Million | 25.24% | 1.18x | $7.60 Billion |
| Fitvia Corp (BRZV) | $-104.27K | 0.00% | 0.00x | $0.99 |
| Heritage Distilling Holding Company, Inc. Common Stock (CASK) | $791.77K | 89.73% | 34.36x | $14.08 Million |
| Corby Spirit and Wine Limited (CBYDF) | $177.28 Million | 14.46% | 0.29x | $169.86 Million |