Shan Dong Dong-E E-Jiao Co Ltd

SHE:000423 China Drug Manufacturers - Specialty & Generic
Market Cap
$4.57 Billion
CN¥33.53 Billion CNY
Market Cap Rank
#3930 Global
#365 in China
Share Price
CN¥52.07
Change (1 day)
-0.65%
52-Week Range
CN¥46.80 - CN¥63.30
All Time High
CN¥68.19
Categories
Companies in China Drug Manufacturers - Specialty & Generic
About

Dong-E-E-Jiao Co.,Ltd. engages in the research, development, production, and sale of donkey-hide gelatin and other Chinese patent medicines in China. Its products include Ejiao, a Chinese tonic herbal medicine; compound donkey-hide gelatin paste; a donkey-hide gelatin cake under Peach Blossom Princess name; instant donkey-hide gelatin powder; donkey-hide gelatin, meat, and pineapple puree under t… Read more

Shan Dong Dong-E E-Jiao Co Ltd (000423) - Net Assets

Latest net assets as of September 2025: CN¥9.97 Billion CNY

Based on the latest financial reports, Shan Dong Dong-E E-Jiao Co Ltd (000423) has net assets worth CN¥9.97 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.75 Billion) and total liabilities (CN¥2.78 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 CN¥9.97 Billion
% of Total Assets 78.23%
Annual Growth Rate N/A
5-Year Change 5.68%
10-Year Change 45.87%
Growth Volatility 24.09

Shan Dong Dong-E E-Jiao Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shan Dong Dong-E E-Jiao Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shan Dong Dong-E E-Jiao Co Ltd (1993–2024)

The table below shows the annual net assets of Shan Dong Dong-E E-Jiao Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.33 Billion -3.80%
2023-12-31 CN¥10.74 Billion +3.77%
2022-12-31 CN¥10.35 Billion +3.56%
2021-12-31 CN¥10.00 Billion +2.23%
2020-12-31 CN¥9.78 Billion -2.45%
2019-12-31 CN¥10.02 Billion -11.53%
2018-12-31 CN¥11.33 Billion +14.76%
2017-12-31 CN¥9.87 Billion +17.71%
2016-12-31 CN¥8.39 Billion +18.40%
2015-12-31 CN¥7.08 Billion +17.51%
2014-12-31 CN¥6.03 Billion +18.55%
2013-12-31 CN¥5.08 Billion +17.93%
2012-12-31 CN¥4.31 Billion +24.06%
2011-12-31 CN¥3.48 Billion +23.35%
2010-12-31 CN¥2.82 Billion +14.57%
2009-12-31 CN¥2.46 Billion +69.61%
2008-12-31 CN¥1.45 Billion +14.83%
2007-12-31 CN¥1.26 Billion +12.49%
2006-12-31 CN¥1.12 Billion +6.99%
2005-12-31 CN¥1.05 Billion +2.68%
2004-12-31 CN¥1.02 Billion +13.83%
2003-12-31 CN¥897.61 Million +13.14%
2002-12-31 CN¥793.34 Million +3.25%
2001-12-31 CN¥768.40 Million +5.69%
2000-12-31 CN¥727.05 Million +92.72%
1999-12-31 CN¥377.25 Million +2.82%
1998-12-31 CN¥366.91 Million +65.53%
1997-12-31 CN¥221.66 Million +18.17%
1996-12-31 CN¥187.58 Million +72.99%
1995-12-31 CN¥108.44 Million +38.46%
1994-12-31 CN¥78.32 Million --
1993-12-31 CN¥0.00 --

Equity Component Analysis

This analysis shows how different components contribute to Shan Dong Dong-E E-Jiao Co Ltd'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 888257922100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥8.88 Billion 86.15%
Common Stock CN¥643.98 Million 6.25%
Other Components CN¥783.62 Million 7.60%
Total Equity CN¥10.31 Billion 100.00%

Shan Dong Dong-E E-Jiao Co Ltd Competitors by Market Cap

The table below lists competitors of Shan Dong Dong-E E-Jiao Co Ltd ranked by their market capitalization.

Company Market Cap
Cathay General Bancorp
NASDAQ:CATY
 		$3.03 Billion
HASEKO Corporation
F:HS6
 		$3.03 Billion
Sinolink Securities Co Ltd
SHG:600109
 		$3.03 Billion
Azrieli Group Ltd
OTCGREY:AZRGF
 		$3.03 Billion
Thule Group AB (publ)
OTCGREY:THLPF
 		$3.02 Billion
Leader Harmonious Drive Systems Co Ltd
SHG:688017
 		$3.02 Billion
Rakuten Bank, Ltd.
F:N5G
 		$3.02 Billion
Puya Semiconductor Shanghai Co Ltd
SHG:688766
 		$3.02 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shan Dong Dong-E E-Jiao Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,719,014,633 to 10,310,173,764, a change of -408,840,869 (-3.8%).
  • Net income of 1,557,000,776 contributed positively to equity growth.
  • Dividend payments of 1,882,987,553 reduced retained earnings.
  • Share repurchases of 75,872,445 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.56 Billion +15.1%
Dividends Paid CN¥1.88 Billion -18.26%
Share Repurchases CN¥75.87 Million -0.74%
Other Changes CN¥-6.98 Million -0.07%
Total Change CN¥- -3.81%

Book Value vs Market Value Analysis

This analysis compares Shan Dong Dong-E E-Jiao Co Ltd'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: 3.25x
  • 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 251.53x to 3.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.21 CN¥52.07 x
1996-12-31 CN¥0.36 CN¥52.07 x
1997-12-31 CN¥0.42 CN¥52.07 x
1998-12-31 CN¥0.70 CN¥52.07 x
1999-12-31 CN¥0.72 CN¥52.07 x
2000-12-31 CN¥1.39 CN¥52.07 x
2001-12-31 CN¥1.46 CN¥52.07 x
2002-12-31 CN¥1.50 CN¥52.07 x
2003-12-31 CN¥1.68 CN¥52.07 x
2004-12-31 CN¥1.91 CN¥52.07 x
2005-12-31 CN¥1.94 CN¥52.07 x
2006-12-31 CN¥2.08 CN¥52.07 x
2007-12-31 CN¥2.33 CN¥52.07 x
2008-12-31 CN¥2.15 CN¥52.07 x
2009-12-31 CN¥3.80 CN¥52.07 x
2010-12-31 CN¥4.19 CN¥52.07 x
2011-12-31 CN¥5.24 CN¥52.07 x
2012-12-31 CN¥6.49 CN¥52.07 x
2013-12-31 CN¥7.65 CN¥52.07 x
2014-12-31 CN¥9.06 CN¥52.07 x
2015-12-31 CN¥10.72 CN¥52.07 x
2016-12-31 CN¥12.78 CN¥52.07 x
2017-12-31 CN¥15.05 CN¥52.07 x
2018-12-31 CN¥17.29 CN¥52.07 x
2019-12-31 CN¥15.32 CN¥52.07 x
2020-12-31 CN¥15.09 CN¥52.07 x
2021-12-31 CN¥15.49 CN¥52.07 x
2022-12-31 CN¥16.04 CN¥52.07 x
2023-12-31 CN¥16.67 CN¥52.07 x
2024-12-31 CN¥16.02 CN¥52.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shan Dong Dong-E E-Jiao Co Ltd 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): 15.10%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 26.30%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 1.27x
  • Recent ROE (15.10%) is above the historical average (14.65%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 15.88% 9.72% 0.83x 1.98x CN¥6.38 Million
1996 12.43% 14.85% 0.50x 1.67x CN¥4.56 Million
1997 14.64% 17.11% 0.55x 1.55x CN¥10.28 Million
1998 9.97% 16.34% 0.48x 1.26x CN¥-105.80K
1999 11.95% 16.08% 0.52x 1.42x CN¥7.35 Million
2000 11.51% 20.64% 0.47x 1.20x CN¥10.98 Million
2001 14.30% 24.26% 0.46x 1.29x CN¥32.98 Million
2002 11.05% 15.23% 0.58x 1.25x CN¥8.25 Million
2003 10.97% 12.95% 0.73x 1.16x CN¥8.58 Million
2004 12.73% 14.45% 0.76x 1.15x CN¥27.31 Million
2005 10.78% 11.69% 0.75x 1.23x CN¥7.94 Million
2006 13.65% 13.91% 0.75x 1.30x CN¥39.78 Million
2007 16.83% 14.90% 0.86x 1.31x CN¥83.55 Million
2008 20.43% 17.03% 0.89x 1.35x CN¥146.52 Million
2009 16.41% 18.76% 0.67x 1.30x CN¥153.17 Million
2010 21.22% 23.63% 0.68x 1.31x CN¥307.89 Million
2011 25.01% 31.03% 0.65x 1.23x CN¥513.79 Million
2012 24.50% 34.04% 0.57x 1.25x CN¥615.56 Million
2013 24.05% 29.95% 0.67x 1.20x CN¥702.64 Million
2014 23.06% 34.06% 0.54x 1.26x CN¥773.30 Million
2015 23.17% 29.82% 0.63x 1.23x CN¥923.64 Million
2016 22.16% 29.32% 0.63x 1.19x CN¥1.02 Billion
2017 20.77% 27.73% 0.60x 1.26x CN¥1.06 Billion
2018 18.45% 28.41% 0.53x 1.23x CN¥954.66 Million
2019 -4.56% -15.31% 0.25x 1.17x CN¥-1.45 Billion
2020 0.44% 1.27% 0.31x 1.13x CN¥-929.85 Million
2021 4.42% 11.44% 0.33x 1.17x CN¥-556.86 Million
2022 7.55% 19.30% 0.32x 1.22x CN¥-252.93 Million
2023 10.74% 24.41% 0.35x 1.24x CN¥78.98 Million
2024 15.10% 26.30% 0.45x 1.27x CN¥525.98 Million

Industry Comparison

This section compares Shan Dong Dong-E E-Jiao Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $5,017,026,399
  • Average return on equity (ROE) among peers: -23.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shan Dong Dong-E E-Jiao Co Ltd (000423) CN¥9.97 Billion 15.88% 0.28x $3.03 Billion
Shenzhen Neptunus Bioengineering Co Ltd (000078) $52.15 Million 21.80% 0.58x $623.66 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153) $765.24 Million 1.30% 0.72x $325.92 Million
Wedge Industrial Co Ltd (000534) $1.24 Billion 8.20% 0.96x $1.75 Billion
Yunnan Baiyao Group Co Ltd (000538) $38.34 Billion 14.39% 0.44x $5.59 Billion
Hainan Haiyao Co Ltd (000566) $590.38 Million -258.34% 9.36x $713.60 Million
Tus Pharmaceutical Group Co Ltd (000590) $184.11 Million -46.59% 2.19x $317.60 Million
Northeast Pharmaceutical Group Co Ltd (000597) $1.57 Billion 22.73% 1.61x $426.40 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623) $2.06 Billion 23.61% 0.46x $2.04 Billion
Renhe Pharmacy Co Ltd (000650) $338.74 Million 2.59% 1.24x $777.45 Million