Xiwang Foodstuffs Co Ltd
Xiwang Foodstuffs Co.,Ltd., together with its subsidiaries, engages in the research and development, production, and sales of edible vegetable oils, sports nutrition products, and nutritional supplements in China. Its products primarily include Xiwang corn germ oil, as well as corn oil, sunflower seed oil, olive oil, linseed oil, peanut oil, and other healthy oils. The company distributes its pro… Read more
Xiwang Foodstuffs Co Ltd (000639) - Net Assets
Latest net assets as of September 2025: CN¥3.33 Billion CNY
Based on the latest financial reports, Xiwang Foodstuffs Co Ltd (000639) has net assets worth CN¥3.33 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¥6.08 Billion) and total liabilities (CN¥2.75 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 | CN¥3.33 Billion |
| % of Total Assets | 54.77% |
| Annual Growth Rate | 13.0% |
| 5-Year Change | -22.01% |
| 10-Year Change | 146.23% |
| Growth Volatility | 87.3 |
Xiwang Foodstuffs Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Xiwang Foodstuffs 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 Xiwang Foodstuffs Co Ltd (1993–2024)
The table below shows the annual net assets of Xiwang Foodstuffs Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.35 Billion | -14.43% |
| 2023-12-31 | CN¥3.91 Billion | -0.12% |
| 2022-12-31 | CN¥3.92 Billion | -12.11% |
| 2021-12-31 | CN¥4.46 Billion | +3.83% |
| 2020-12-31 | CN¥4.29 Billion | +4.70% |
| 2019-12-31 | CN¥4.10 Billion | -18.42% |
| 2018-12-31 | CN¥5.03 Billion | +81.46% |
| 2017-12-31 | CN¥2.77 Billion | +9.10% |
| 2016-12-31 | CN¥2.54 Billion | +86.69% |
| 2015-12-31 | CN¥1.36 Billion | +11.53% |
| 2014-12-31 | CN¥1.22 Billion | +5.27% |
| 2013-12-31 | CN¥1.16 Billion | +13.07% |
| 2012-12-31 | CN¥1.02 Billion | +11.44% |
| 2011-12-31 | CN¥919.26 Million | +14.36% |
| 2010-12-31 | CN¥803.87 Million | +485.97% |
| 2009-12-31 | CN¥137.18 Million | -2.24% |
| 2008-12-31 | CN¥140.33 Million | +1.00% |
| 2007-12-31 | CN¥138.94 Million | +2.88% |
| 2006-12-31 | CN¥135.06 Million | +6.42% |
| 2005-12-31 | CN¥126.92 Million | +4.35% |
| 2004-12-31 | CN¥121.62 Million | +14.27% |
| 2003-12-31 | CN¥106.43 Million | +14.57% |
| 2002-12-31 | CN¥92.89 Million | +13.09% |
| 2001-12-31 | CN¥82.14 Million | +2.79% |
| 2000-12-31 | CN¥79.91 Million | +4.81% |
| 1999-12-31 | CN¥76.25 Million | +16.21% |
| 1998-12-31 | CN¥65.61 Million | -40.87% |
| 1997-12-31 | CN¥110.96 Million | +11.84% |
| 1996-12-31 | CN¥99.21 Million | +14.89% |
| 1995-12-31 | CN¥86.36 Million | +6.20% |
| 1994-12-31 | CN¥81.31 Million | +7.20% |
| 1993-12-31 | CN¥75.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xiwang Foodstuffs 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 decreased by 10426.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.08 Billion | 37.04% |
| Other Comprehensive Income | CN¥295.42 Million | 10.14% |
| Other Components | CN¥1.60 Billion | 54.96% |
| Total Equity | CN¥2.91 Billion | 100.00% |
Xiwang Foodstuffs Co Ltd Competitors by Market Cap
The table below lists competitors of Xiwang Foodstuffs Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
$345.30 Million |
|
Kenmec Mechanical Engineering Co Ltd
TWO:6125
|
$345.31 Million |
|
Hunan Huamin Holdings Co Ltd
SHE:300345
|
$345.37 Million |
|
Tainan Spinning Co Ltd
TW:1440
|
$345.45 Million |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
$345.23 Million |
|
D&O Home Collection Co Ltd
SHE:002798
|
$345.01 Million |
|
Shilpa Medicare Limited
NSE:SHILPAMED
|
$345.00 Million |
|
Matrix Concepts Holdings Bhd
KLSE:5236
|
$344.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiwang Foodstuffs Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,337,898,102 to 2,914,468,641, a change of -423,429,461 (-12.7%).
- Net loss of 443,570,686 reduced equity.
- Dividend payments of 140,728,789 reduced retained earnings.
- Other comprehensive income increased equity by 295,419,729.
- Other factors decreased equity by 134,549,715.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-443.57 Million | -15.22% |
| Dividends Paid | CN¥140.73 Million | -4.83% |
| Other Comprehensive Income | CN¥295.42 Million | +10.14% |
| Other Changes | CN¥-134.55 Million | -4.62% |
| Total Change | CN¥- | -12.69% |
Book Value vs Market Value Analysis
This analysis compares Xiwang Foodstuffs 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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.80x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.18 | CN¥3.14 | x |
| 1994-12-31 | CN¥0.19 | CN¥3.14 | x |
| 1995-12-31 | CN¥0.20 | CN¥3.14 | x |
| 1996-12-31 | CN¥0.23 | CN¥3.14 | x |
| 1997-12-31 | CN¥0.26 | CN¥3.14 | x |
| 1998-12-31 | CN¥0.15 | CN¥3.14 | x |
| 1999-12-31 | CN¥0.17 | CN¥3.14 | x |
| 2000-12-31 | CN¥0.19 | CN¥3.14 | x |
| 2001-12-31 | CN¥0.19 | CN¥3.14 | x |
| 2002-12-31 | CN¥0.21 | CN¥3.14 | x |
| 2003-12-31 | CN¥0.23 | CN¥3.14 | x |
| 2004-12-31 | CN¥0.27 | CN¥3.14 | x |
| 2005-12-31 | CN¥0.27 | CN¥3.14 | x |
| 2006-12-31 | CN¥0.29 | CN¥3.14 | x |
| 2007-12-31 | CN¥0.33 | CN¥3.14 | x |
| 2008-12-31 | CN¥0.44 | CN¥3.14 | x |
| 2009-12-31 | CN¥0.40 | CN¥3.14 | x |
| 2010-12-31 | CN¥2.60 | CN¥3.14 | x |
| 2011-12-31 | CN¥1.25 | CN¥3.14 | x |
| 2012-12-31 | CN¥1.39 | CN¥3.14 | x |
| 2013-12-31 | CN¥1.57 | CN¥3.14 | x |
| 2014-12-31 | CN¥1.64 | CN¥3.14 | x |
| 2015-12-31 | CN¥1.85 | CN¥3.14 | x |
| 2016-12-31 | CN¥2.38 | CN¥3.14 | x |
| 2017-12-31 | CN¥2.54 | CN¥3.14 | x |
| 2018-12-31 | CN¥4.11 | CN¥3.14 | x |
| 2019-12-31 | CN¥3.27 | CN¥3.14 | x |
| 2020-12-31 | CN¥3.38 | CN¥3.14 | x |
| 2021-12-31 | CN¥3.50 | CN¥3.14 | x |
| 2022-12-31 | CN¥3.08 | CN¥3.14 | x |
| 2023-12-31 | CN¥3.09 | CN¥3.14 | x |
| 2024-12-31 | CN¥2.70 | CN¥3.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiwang Foodstuffs 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): -15.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.92%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.11x
- Recent ROE (-15.22%) is below the historical average (4.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 11.92% | 5.81% | 1.39x | 1.48x | CN¥1.45 Million |
| 1994 | 15.68% | 10.91% | 0.96x | 1.50x | CN¥4.61 Million |
| 1995 | 12.33% | 9.88% | 0.81x | 1.53x | CN¥2.01 Million |
| 1996 | 12.52% | 11.24% | 0.77x | 1.45x | CN¥2.49 Million |
| 1997 | 10.87% | 15.43% | 0.45x | 1.55x | CN¥959.70K |
| 1998 | -62.17% | -61.69% | 0.35x | 2.91x | CN¥-47.35 Million |
| 1999 | 11.60% | 11.83% | 0.52x | 1.90x | CN¥1.19 Million |
| 2000 | 6.40% | 9.50% | 0.28x | 2.37x | CN¥-2.88 Million |
| 2001 | 9.21% | 10.10% | 0.42x | 2.19x | CN¥-645.51K |
| 2002 | 12.51% | 8.71% | 0.61x | 2.35x | CN¥2.22 Million |
| 2003 | 10.17% | 7.95% | 0.58x | 2.21x | CN¥173.76K |
| 2004 | 11.42% | 9.18% | 0.54x | 2.29x | CN¥1.62 Million |
| 2005 | 6.53% | 4.99% | 0.66x | 1.97x | CN¥-4.10 Million |
| 2006 | 6.28% | 5.18% | 0.57x | 2.13x | CN¥-4.64 Million |
| 2007 | 2.58% | 2.54% | 0.48x | 2.12x | CN¥-9.46 Million |
| 2008 | 0.52% | 0.63% | 0.41x | 2.03x | CN¥-12.15 Million |
| 2009 | -2.86% | -5.07% | 0.38x | 1.50x | CN¥-16.03 Million |
| 2010 | 10.42% | 6.96% | 1.34x | 1.12x | CN¥3.35 Million |
| 2011 | 12.41% | 6.20% | 1.31x | 1.53x | CN¥22.17 Million |
| 2012 | 13.97% | 5.77% | 1.73x | 1.40x | CN¥40.63 Million |
| 2013 | 15.62% | 7.45% | 1.69x | 1.24x | CN¥65.12 Million |
| 2014 | 9.64% | 6.28% | 1.01x | 1.53x | CN¥-4.43 Million |
| 2015 | 10.76% | 6.52% | 1.29x | 1.28x | CN¥10.29 Million |
| 2016 | 5.99% | 3.68% | 0.40x | 4.02x | CN¥-83.02 Million |
| 2017 | 15.19% | 6.11% | 0.73x | 3.41x | CN¥117.34 Million |
| 2018 | 10.71% | 8.01% | 0.57x | 2.35x | CN¥30.92 Million |
| 2019 | -27.25% | -16.82% | 0.70x | 2.30x | CN¥-1.32 Billion |
| 2020 | 8.57% | 5.41% | 0.75x | 2.12x | CN¥-52.27 Million |
| 2021 | 4.86% | 2.89% | 0.82x | 2.04x | CN¥-194.32 Million |
| 2022 | -22.47% | -12.30% | 0.86x | 2.13x | CN¥-1.08 Billion |
| 2023 | -0.51% | -0.31% | 0.77x | 2.14x | CN¥-350.66 Million |
| 2024 | -15.22% | -8.92% | 0.81x | 2.11x | CN¥-735.02 Million |
Industry Comparison
This section compares Xiwang Foodstuffs Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,766,679,172
- Average return on equity (ROE) among peers: 2.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiwang Foodstuffs Co Ltd (000639) | CN¥3.33 Billion | 11.92% | 0.83x | $345.26 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $199.49 Million | -32.62% | 2.81x | $346.21 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $727.64 Million | 8.49% | 0.27x | $430.25 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $16.36 Billion | 24.69% | 0.34x | $3.98 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $760.28 Million | -33.42% | 2.17x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $332.95 Million | 17.62% | 0.88x | $266.09 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.35 Billion | 9.31% | 0.15x | $160.97 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.07 Billion | 7.87% | 0.47x | $169.20 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $393.72 Million | 8.08% | 0.70x | $460.31 Million |
| Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) | $2.70 Billion | 14.52% | 0.66x | $903.18 Million |