XiAn Catering Co Ltd (000721) - Net Assets
Based on the latest financial reports, XiAn Catering Co Ltd (000721) has net assets worth CN¥133.91 Million CNY (≈ $19.59 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.18 Billion ≈ $172.06 Million USD) and total liabilities (CN¥1.04 Billion ≈ $152.46 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 XiAn Catering Co Ltd (000721) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥133.91 Million |
| % of Total Assets | 11.39% |
| Annual Growth Rate | 5.61% |
| 5-Year Change | -64.7% |
| 10-Year Change | -76.15% |
| Growth Volatility | 60.59 |
XiAn Catering Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how XiAn Catering Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can XiAn Catering Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for XiAn Catering Co Ltd (1993–2025)
The table below shows the annual net assets of XiAn Catering Co Ltd from 1993 to 2025. For live valuation and market cap data, see XiAn Catering Co Ltd (000721) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥163.42 Million ≈ $23.91 Million |
-46.67% |
| 2024-12-31 | CN¥306.44 Million ≈ $44.84 Million |
-28.27% |
| 2023-12-31 | CN¥427.20 Million ≈ $62.51 Million |
-21.26% |
| 2022-12-31 | CN¥542.54 Million ≈ $79.39 Million |
+17.21% |
| 2021-12-31 | CN¥462.89 Million ≈ $67.74 Million |
-26.47% |
| 2020-12-31 | CN¥629.57 Million ≈ $92.13 Million |
+1.48% |
| 2019-12-31 | CN¥620.41 Million ≈ $90.78 Million |
-7.46% |
| 2018-12-31 | CN¥670.41 Million ≈ $98.10 Million |
+0.21% |
| 2017-12-31 | CN¥668.97 Million ≈ $97.89 Million |
-2.37% |
| 2016-12-31 | CN¥685.24 Million ≈ $100.27 Million |
+1.55% |
| 2015-12-31 | CN¥674.78 Million ≈ $98.74 Million |
-4.55% |
| 2014-12-31 | CN¥706.92 Million ≈ $103.45 Million |
-1.50% |
| 2013-12-31 | CN¥717.72 Million ≈ $105.02 Million |
+54.12% |
| 2012-12-31 | CN¥465.70 Million ≈ $68.15 Million |
+1.79% |
| 2011-12-31 | CN¥457.53 Million ≈ $66.95 Million |
+8.55% |
| 2010-12-31 | CN¥421.51 Million ≈ $61.68 Million |
+1.34% |
| 2009-12-31 | CN¥415.95 Million ≈ $60.87 Million |
+12.88% |
| 2008-12-31 | CN¥368.49 Million ≈ $53.92 Million |
+3.87% |
| 2007-12-31 | CN¥354.77 Million ≈ $51.91 Million |
+1.30% |
| 2006-12-31 | CN¥350.23 Million ≈ $51.25 Million |
-0.23% |
| 2005-12-31 | CN¥351.04 Million ≈ $51.37 Million |
+5.60% |
| 2004-12-31 | CN¥332.42 Million ≈ $48.64 Million |
+7.57% |
| 2003-12-31 | CN¥309.01 Million ≈ $45.22 Million |
+12.24% |
| 2002-12-31 | CN¥275.30 Million ≈ $40.29 Million |
+3.58% |
| 2001-12-31 | CN¥265.79 Million ≈ $38.89 Million |
+3.42% |
| 2000-12-31 | CN¥257.00 Million ≈ $37.61 Million |
+1.91% |
| 1999-12-31 | CN¥252.20 Million ≈ $36.90 Million |
-13.63% |
| 1998-12-31 | CN¥291.99 Million ≈ $42.73 Million |
+2.76% |
| 1997-12-31 | CN¥284.14 Million ≈ $41.58 Million |
+92.76% |
| 1996-12-31 | CN¥147.40 Million ≈ $21.57 Million |
+13.15% |
| 1995-12-31 | CN¥130.28 Million ≈ $19.06 Million |
+7.49% |
| 1994-12-31 | CN¥121.20 Million ≈ $17.74 Million |
+325.90% |
| 1993-12-31 | CN¥28.46 Million ≈ $4.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to XiAn Catering 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 76692997628.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥923.05 Million | 591.24% |
| Total Equity | CN¥156.12 Million | 100.00% |
XiAn Catering Co Ltd Competitors by Market Cap
The table below lists competitors of XiAn Catering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
$491.30 Million |
|
Tianyang Hot Mel
SHG:603330
|
$491.31 Million |
|
Huamei Holding
SHE:000607
|
$491.44 Million |
|
INPAQ Technology Co Ltd
TWO:6284
|
$491.49 Million |
|
Queen's Road Capital Investment Ltd.
TO:QRC
|
$490.91 Million |
|
Altia Consultores S.A.
MC:ALC
|
$490.81 Million |
|
Beijing Yuanlong Yato Culture Dissemination Co Ltd
SHE:002878
|
$490.72 Million |
|
Guangdong Brandmax Marketing Co Ltd
SHE:300805
|
$490.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XiAn Catering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 302,402,302 to 156,121,987, a change of -146,280,315 (-48.4%).
- Net loss of 146,280,316 reduced equity.
- Dividend payments of 18,369,012 reduced retained earnings.
- Other factors increased equity by 18,369,012.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-146.28 Million | -93.7% |
| Dividends Paid | CN¥18.37 Million | -11.77% |
| Other Changes | CN¥18.37 Million | +11.77% |
| Total Change | CN¥- | -48.37% |
Book Value vs Market Value Analysis
This analysis compares XiAn Catering 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: 21.50x
- 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 82.33x to 21.50x 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¥0.07 | CN¥5.85 | x |
| 1994-12-31 | CN¥0.30 | CN¥5.85 | x |
| 1995-12-31 | CN¥0.33 | CN¥5.85 | x |
| 1996-12-31 | CN¥0.37 | CN¥5.85 | x |
| 1997-12-31 | CN¥0.71 | CN¥5.85 | x |
| 1998-12-31 | CN¥0.72 | CN¥5.85 | x |
| 1999-12-31 | CN¥0.63 | CN¥5.85 | x |
| 2000-12-31 | CN¥0.64 | CN¥5.85 | x |
| 2001-12-31 | CN¥0.66 | CN¥5.85 | x |
| 2002-12-31 | CN¥0.46 | CN¥5.85 | x |
| 2003-12-31 | CN¥0.49 | CN¥5.85 | x |
| 2004-12-31 | CN¥0.53 | CN¥5.85 | x |
| 2005-12-31 | CN¥0.83 | CN¥5.85 | x |
| 2006-12-31 | CN¥0.84 | CN¥5.85 | x |
| 2007-12-31 | CN¥0.87 | CN¥5.85 | x |
| 2008-12-31 | CN¥0.91 | CN¥5.85 | x |
| 2009-12-31 | CN¥1.03 | CN¥5.85 | x |
| 2010-12-31 | CN¥1.04 | CN¥5.85 | x |
| 2011-12-31 | CN¥1.13 | CN¥5.85 | x |
| 2012-12-31 | CN¥1.15 | CN¥5.85 | x |
| 2013-12-31 | CN¥1.57 | CN¥5.85 | x |
| 2014-12-31 | CN¥1.39 | CN¥5.85 | x |
| 2015-12-31 | CN¥1.32 | CN¥5.85 | x |
| 2016-12-31 | CN¥1.35 | CN¥5.85 | x |
| 2017-12-31 | CN¥1.32 | CN¥5.85 | x |
| 2018-12-31 | CN¥1.33 | CN¥5.85 | x |
| 2019-12-31 | CN¥1.23 | CN¥5.85 | x |
| 2020-12-31 | CN¥1.26 | CN¥5.85 | x |
| 2021-12-31 | CN¥0.92 | CN¥5.85 | x |
| 2022-12-31 | CN¥0.95 | CN¥5.85 | x |
| 2023-12-31 | CN¥0.73 | CN¥5.85 | x |
| 2024-12-31 | CN¥0.53 | CN¥5.85 | x |
| 2025-12-31 | CN¥0.27 | CN¥5.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XiAn Catering 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): -93.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.00%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 7.68x
- Recent ROE (-93.70%) is below the historical average (-2.71%), 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 | 30.20% | 8.01% | 1.26x | 2.99x | CN¥5.73 Million |
| 1994 | 10.55% | 10.52% | 0.66x | 1.53x | CN¥663.12K |
| 1995 | 10.34% | 10.58% | 0.63x | 1.55x | CN¥446.76K |
| 1996 | 11.56% | 12.15% | 0.59x | 1.62x | CN¥2.30 Million |
| 1997 | 10.70% | 17.57% | 0.43x | 1.41x | CN¥2.00 Million |
| 1998 | 7.67% | 11.48% | 0.48x | 1.40x | CN¥-6.70 Million |
| 1999 | 0.55% | 0.67% | 0.45x | 1.82x | CN¥-23.79 Million |
| 2000 | 1.29% | 1.19% | 0.57x | 1.92x | CN¥-22.21 Million |
| 2001 | 7.85% | 6.98% | 0.56x | 2.01x | CN¥-5.69 Million |
| 2002 | 6.29% | 4.85% | 0.48x | 2.68x | CN¥-10.07 Million |
| 2003 | 7.03% | 6.23% | 0.36x | 3.17x | CN¥-8.69 Million |
| 2004 | 6.46% | 4.81% | 0.46x | 2.94x | CN¥-11.05 Million |
| 2005 | 6.19% | 4.57% | 0.49x | 2.78x | CN¥-12.68 Million |
| 2006 | 3.16% | 2.27% | 0.51x | 2.72x | CN¥-22.79 Million |
| 2007 | 3.36% | 2.33% | 0.57x | 2.53x | CN¥-23.13 Million |
| 2008 | 3.79% | 2.53% | 0.61x | 2.45x | CN¥-22.50 Million |
| 2009 | 11.48% | 8.34% | 0.77x | 1.79x | CN¥6.04 Million |
| 2010 | 8.31% | 5.81% | 0.82x | 1.75x | CN¥-7.01 Million |
| 2011 | 7.95% | 5.32% | 0.92x | 1.63x | CN¥-9.22 Million |
| 2012 | 3.47% | 2.41% | 0.89x | 1.62x | CN¥-29.89 Million |
| 2013 | 2.11% | 2.52% | 0.57x | 1.45x | CN¥-55.46 Million |
| 2014 | 1.60% | 2.03% | 0.51x | 1.54x | CN¥-58.17 Million |
| 2015 | -4.79% | -6.34% | 0.46x | 1.64x | CN¥-97.74 Million |
| 2016 | 1.83% | 2.47% | 0.48x | 1.56x | CN¥-54.98 Million |
| 2017 | -1.75% | -2.35% | 0.46x | 1.63x | CN¥-77.80 Million |
| 2018 | 1.42% | 1.91% | 0.39x | 1.92x | CN¥-56.99 Million |
| 2019 | -7.66% | -9.42% | 0.45x | 1.79x | CN¥-108.70 Million |
| 2020 | 1.44% | 2.19% | 0.33x | 2.00x | CN¥-53.73 Million |
| 2021 | -36.78% | -32.48% | 0.33x | 3.40x | CN¥-214.55 Million |
| 2022 | -41.00% | -45.51% | 0.30x | 2.99x | CN¥-274.43 Million |
| 2023 | -27.97% | -15.11% | 0.50x | 3.68x | CN¥-160.08 Million |
| 2024 | -42.33% | -19.23% | 0.48x | 4.62x | CN¥-158.25 Million |
| 2025 | -93.70% | -26.00% | 0.47x | 7.68x | CN¥-161.89 Million |
Industry Comparison
This section compares XiAn Catering Co Ltd's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,480,352,040
- Average return on equity (ROE) among peers: 0.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XiAn Catering Co Ltd (000721) | CN¥133.91 Million | 30.20% | 7.78x | $491.29 Million |
| China Quanjude Group Co Ltd (002186) | $825.72 Million | 12.15% | 0.53x | $394.78 Million |
| Cloud Live Technology Group Co Ltd (002306) | $-31.70 Million | 0.00% | 0.00x | $259.64 Million |
| Xinjiang Baihuacun Co Ltd (600721) | $997.28 Million | -23.43% | 3.18x | $400.09 Million |
| Guangzhou Restaurants Group Co (603043) | $4.13 Billion | 11.96% | 0.57x | $1.10 Billion |
About XiAn Catering Co Ltd
Xi'an Catering Co., Ltd. engages in catering services and industrial food processing businesses. The company operates a chain of restaurants, hotels, dumpling restaurants, and roast duck restaurants. It is also involved in the hotel management, catering and accommodation, education, food processing, catering and information consulting services, spa and aquaculture, business information services, … Read more