China Feihe Limited
China Feihe Limited, an investment holding company, produces and sells dairy products and raw milk in Mainland China, Canada, and the United States. It operates through two segments, Dairy Products and Nutritional Supplements Products; and Raw Milk. The company offers dairy products, including instant milk formula under the Super-Premium Astrobaby, Astrobaby A2, Super-Premium Organic Zhenzhi, Sup… Read more
China Feihe Limited (CFEIY) - Net Assets
Latest net assets as of June 2025: $27.15 Billion USD
Based on the latest financial reports, China Feihe Limited (CFEIY) has net assets worth $27.15 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($33.90 Billion) and total liabilities ($6.75 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 | $27.15 Billion |
| % of Total Assets | 80.09% |
| Annual Growth Rate | 35.75% |
| 5-Year Change | 42.85% |
| 10-Year Change | N/A |
| Growth Volatility | 38.31 |
China Feihe Limited - Net Assets Trend (2016–2024)
This chart illustrates how China Feihe 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 Feihe Limited (2016–2024)
The table below shows the annual net assets of China Feihe Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $27.41 Billion | +4.07% |
| 2023-12-31 | $26.33 Billion | +3.37% |
| 2022-12-31 | $25.47 Billion | +13.71% |
| 2021-12-31 | $22.40 Billion | +16.77% |
| 2020-12-31 | $19.19 Billion | +47.25% |
| 2019-12-31 | $13.03 Billion | +125.13% |
| 2018-12-31 | $5.79 Billion | +61.44% |
| 2017-12-31 | $3.59 Billion | +50.82% |
| 2016-12-31 | $2.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Feihe 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 963.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $19.64 Billion | 75.72% |
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $-185.71 Million | -0.72% |
| Other Components | $6.48 Billion | 25.00% |
| Total Equity | $25.93 Billion | 100.00% |
China Feihe Limited Competitors by Market Cap
The table below lists competitors of China Feihe Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Casella Waste Systems Inc
NASDAQ:CWST
|
$5.50 Billion |
|
MINEBEA MITSUMI Inc.
PINK:MINBY
|
$5.50 Billion |
|
Kurita Water Industries Ltd
OTCGREY:KTWIY
|
$5.50 Billion |
|
Arca Continental S.A.B. de C.V
PINK:EMBVF
|
$5.51 Billion |
|
Zensho Holdings Co. Ltd
PINK:ZSHOF
|
$5.48 Billion |
|
MINISO GRP HLD.ADS/4
F:MIF
|
$5.48 Billion |
|
Rexel S.A
PINK:RXLSF
|
$5.47 Billion |
|
Trend Micro Inc.
PINK:TMICF
|
$5.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Feihe Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,944,859,000 to 25,933,186,000, a change of 988,327,000 (4.0%).
- Net income of 3,570,125,000 contributed positively to equity growth.
- Dividend payments of 2,599,964,000 reduced retained earnings.
- Other comprehensive income decreased equity by 369,663,000.
- Other factors increased equity by 405,981,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.57 Billion | +13.77% |
| Dividends Paid | $2.60 Billion | -10.03% |
| Other Comprehensive Income | $-369.66 Million | -1.43% |
| Other Changes | $405.98 Million | +1.57% |
| Total Change | $- | 3.96% |
Book Value vs Market Value Analysis
This analysis compares China Feihe 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: 0.24x
- 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 decreased from 2.54x to 0.24x 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 | $2.66 | $6.76 | x |
| 2017-12-31 | $4.01 | $6.76 | x |
| 2018-12-31 | $6.48 | $6.76 | x |
| 2019-12-31 | $15.94 | $6.76 | x |
| 2020-12-31 | $19.48 | $6.76 | x |
| 2021-12-31 | $22.99 | $6.76 | x |
| 2022-12-31 | $26.83 | $6.76 | x |
| 2023-12-31 | $27.48 | $6.76 | x |
| 2024-12-31 | $28.66 | $6.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Feihe 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): 13.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.21%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.38x
- Recent ROE (13.77%) is below the historical average (26.84%), 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 | 17.54% | 11.20% | 0.79x | 1.98x | $179.29 Million |
| 2017 | 32.36% | 19.71% | 0.84x | 1.96x | $801.72 Million |
| 2018 | 38.74% | 21.58% | 0.88x | 2.05x | $1.66 Billion |
| 2019 | 30.20% | 28.67% | 0.60x | 1.77x | $2.63 Billion |
| 2020 | 41.90% | 40.00% | 0.66x | 1.60x | $5.66 Billion |
| 2021 | 32.84% | 30.17% | 0.72x | 1.50x | $4.78 Billion |
| 2022 | 20.60% | 23.19% | 0.60x | 1.48x | $2.54 Billion |
| 2023 | 13.59% | 17.36% | 0.54x | 1.45x | $895.52 Million |
| 2024 | 13.77% | 17.21% | 0.58x | 1.38x | $976.81 Million |
Industry Comparison
This section compares China Feihe Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Feihe Limited (CFEIY) | $27.15 Billion | 17.54% | 0.25x | $5.49 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |