Xiwang Foodstuffs Co Ltd (000639) - Net Assets
Based on the latest financial reports, Xiwang Foodstuffs Co Ltd (000639) has net assets worth CN¥3.33 Billion CNY (≈ $487.03 Million USD) 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 ≈ $889.24 Million USD) and total liabilities (CN¥2.75 Billion ≈ $402.21 Million 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 Xiwang Foodstuffs Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Xiwang Foodstuffs Co Ltd (000639) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Xiwang Foodstuffs Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.35 Billion ≈ $489.99 Million |
-14.43% |
| 2023-12-31 | CN¥3.91 Billion ≈ $572.59 Million |
-0.12% |
| 2022-12-31 | CN¥3.92 Billion ≈ $573.26 Million |
-12.11% |
| 2021-12-31 | CN¥4.46 Billion ≈ $652.28 Million |
+3.83% |
| 2020-12-31 | CN¥4.29 Billion ≈ $628.24 Million |
+4.70% |
| 2019-12-31 | CN¥4.10 Billion ≈ $600.06 Million |
-18.42% |
| 2018-12-31 | CN¥5.03 Billion ≈ $735.52 Million |
+81.46% |
| 2017-12-31 | CN¥2.77 Billion ≈ $405.33 Million |
+9.10% |
| 2016-12-31 | CN¥2.54 Billion ≈ $371.51 Million |
+86.69% |
| 2015-12-31 | CN¥1.36 Billion ≈ $199.00 Million |
+11.53% |
| 2014-12-31 | CN¥1.22 Billion ≈ $178.42 Million |
+5.27% |
| 2013-12-31 | CN¥1.16 Billion ≈ $169.49 Million |
+13.07% |
| 2012-12-31 | CN¥1.02 Billion ≈ $149.90 Million |
+11.44% |
| 2011-12-31 | CN¥919.26 Million ≈ $134.52 Million |
+14.36% |
| 2010-12-31 | CN¥803.87 Million ≈ $117.63 Million |
+485.97% |
| 2009-12-31 | CN¥137.18 Million ≈ $20.07 Million |
-2.24% |
| 2008-12-31 | CN¥140.33 Million ≈ $20.53 Million |
+1.00% |
| 2007-12-31 | CN¥138.94 Million ≈ $20.33 Million |
+2.88% |
| 2006-12-31 | CN¥135.06 Million ≈ $19.76 Million |
+6.42% |
| 2005-12-31 | CN¥126.92 Million ≈ $18.57 Million |
+4.35% |
| 2004-12-31 | CN¥121.62 Million ≈ $17.80 Million |
+14.27% |
| 2003-12-31 | CN¥106.43 Million ≈ $15.57 Million |
+14.57% |
| 2002-12-31 | CN¥92.89 Million ≈ $13.59 Million |
+13.09% |
| 2001-12-31 | CN¥82.14 Million ≈ $12.02 Million |
+2.79% |
| 2000-12-31 | CN¥79.91 Million ≈ $11.69 Million |
+4.81% |
| 1999-12-31 | CN¥76.25 Million ≈ $11.16 Million |
+16.21% |
| 1998-12-31 | CN¥65.61 Million ≈ $9.60 Million |
-40.87% |
| 1997-12-31 | CN¥110.96 Million ≈ $16.24 Million |
+11.84% |
| 1996-12-31 | CN¥99.21 Million ≈ $14.52 Million |
+14.89% |
| 1995-12-31 | CN¥86.36 Million ≈ $12.64 Million |
+6.20% |
| 1994-12-31 | CN¥81.31 Million ≈ $11.90 Million |
+7.20% |
| 1993-12-31 | CN¥75.85 Million ≈ $11.10 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 |
|---|---|
|
JINMAO PROPERTY SERVICES
F:TZ0
|
$284.34 Million |
|
BROOGE ENERGY DL-0001
F:3SF
|
$284.43 Million |
|
Ares Commercial Real Estate
NYSE:ACRE
|
$284.59 Million |
|
Jash Engineering Limited
NSE:JASH
|
$284.60 Million |
|
Spear REIT Ltd
JSE:SEA
|
$284.26 Million |
|
TSC Auto ID Technology Co Ltd
TWO:3611
|
$284.25 Million |
|
Text S.A.
WAR:TXT
|
$284.18 Million |
|
Palladyne AI Corp
NASDAQ:PDYN
|
$284.08 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: 0.67x
- 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 10.20x to 0.67x 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¥1.80 | x |
| 1994-12-31 | CN¥0.19 | CN¥1.80 | x |
| 1995-12-31 | CN¥0.20 | CN¥1.80 | x |
| 1996-12-31 | CN¥0.23 | CN¥1.80 | x |
| 1997-12-31 | CN¥0.26 | CN¥1.80 | x |
| 1998-12-31 | CN¥0.15 | CN¥1.80 | x |
| 1999-12-31 | CN¥0.17 | CN¥1.80 | x |
| 2000-12-31 | CN¥0.19 | CN¥1.80 | x |
| 2001-12-31 | CN¥0.19 | CN¥1.80 | x |
| 2002-12-31 | CN¥0.21 | CN¥1.80 | x |
| 2003-12-31 | CN¥0.23 | CN¥1.80 | x |
| 2004-12-31 | CN¥0.27 | CN¥1.80 | x |
| 2005-12-31 | CN¥0.27 | CN¥1.80 | x |
| 2006-12-31 | CN¥0.29 | CN¥1.80 | x |
| 2007-12-31 | CN¥0.33 | CN¥1.80 | x |
| 2008-12-31 | CN¥0.44 | CN¥1.80 | x |
| 2009-12-31 | CN¥0.40 | CN¥1.80 | x |
| 2010-12-31 | CN¥2.60 | CN¥1.80 | x |
| 2011-12-31 | CN¥1.25 | CN¥1.80 | x |
| 2012-12-31 | CN¥1.39 | CN¥1.80 | x |
| 2013-12-31 | CN¥1.57 | CN¥1.80 | x |
| 2014-12-31 | CN¥1.64 | CN¥1.80 | x |
| 2015-12-31 | CN¥1.85 | CN¥1.80 | x |
| 2016-12-31 | CN¥2.38 | CN¥1.80 | x |
| 2017-12-31 | CN¥2.54 | CN¥1.80 | x |
| 2018-12-31 | CN¥4.11 | CN¥1.80 | x |
| 2019-12-31 | CN¥3.27 | CN¥1.80 | x |
| 2020-12-31 | CN¥3.38 | CN¥1.80 | x |
| 2021-12-31 | CN¥3.50 | CN¥1.80 | x |
| 2022-12-31 | CN¥3.08 | CN¥1.80 | x |
| 2023-12-31 | CN¥3.09 | CN¥1.80 | x |
| 2024-12-31 | CN¥2.70 | CN¥1.80 | 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: $2,382,223,932
- Average return on equity (ROE) among peers: 16.12%
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 | $284.32 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $268.62 Million | 15.99% | 0.59x | $1.23 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $121.70 Million | 44.42% | 0.93x | $652.89 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $2.65 Billion | 1.62% | 0.68x | $582.17 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $807.78 Million | 11.48% | 0.18x | $508.60 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $14.00 Billion | 35.09% | 0.60x | $13.63 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $880.71 Million | 3.02% | 1.67x | $437.91 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.22 Billion | 11.05% | 0.49x | $696.81 Million |
| Qingdao Foods Co Ltd (001219) | $383.98 Million | 17.43% | 0.21x | $440.25 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.11 Billion | 4.98% | 0.47x | $587.64 Million |
About 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