Beijing Yanjing Brewery Co Ltd

SHE:000729 China Beverages - Brewers
Market Cap
$5.01 Billion
CN¥36.78 Billion CNY
Market Cap Rank
#4916 Global
#578 in China
Share Price
CN¥13.05
Change (1 day)
+0.85%
52-Week Range
CN¥11.18 - CN¥14.36
All Time High
CN¥14.36
About

Beijing Yanjing Brewery Co.,Ltd. manufactures and sells beer in the People's Republic of China and internationally. The company also provides water, beverages, etc. The company was formerly known as Shunyi County Brewery and changed its name to Beijing Yanjing Brewery Co.,Ltd. in March 1984. Beijing Yanjing Brewery Co.,Ltd. was founded in 1980 and is headquartered in Beijing, the People's Republi… Read more

Beijing Yanjing Brewery Co Ltd (000729) - Net Assets

Latest net assets as of September 2025: CN¥17.08 Billion CNY

Based on the latest financial reports, Beijing Yanjing Brewery Co Ltd (000729) has net assets worth CN¥17.08 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¥25.32 Billion) and total liabilities (CN¥8.24 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¥17.08 Billion
% of Total Assets 67.45%
Annual Growth Rate 17.88%
5-Year Change 13.28%
10-Year Change 14.83%
Growth Volatility 49.75

Beijing Yanjing Brewery Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Beijing Yanjing Brewery 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 Beijing Yanjing Brewery Co Ltd (1994–2024)

The table below shows the annual net assets of Beijing Yanjing Brewery Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥15.72 Billion +6.41%
2023-12-31 CN¥14.78 Billion +3.58%
2022-12-31 CN¥14.27 Billion +2.10%
2021-12-31 CN¥13.97 Billion +0.66%
2020-12-31 CN¥13.88 Billion +0.47%
2019-12-31 CN¥13.82 Billion +0.44%
2018-12-31 CN¥13.75 Billion +0.57%
2017-12-31 CN¥13.68 Billion -0.03%
2016-12-31 CN¥13.68 Billion -0.10%
2015-12-31 CN¥13.69 Billion +2.35%
2014-12-31 CN¥13.38 Billion +3.38%
2013-12-31 CN¥12.94 Billion +17.35%
2012-12-31 CN¥11.03 Billion +8.76%
2011-12-31 CN¥10.14 Billion +6.62%
2010-12-31 CN¥9.51 Billion +10.03%
2009-12-31 CN¥8.64 Billion +6.84%
2008-12-31 CN¥8.09 Billion +23.18%
2007-12-31 CN¥6.57 Billion +4.91%
2006-12-31 CN¥6.26 Billion +14.90%
2005-12-31 CN¥5.45 Billion +3.72%
2004-12-31 CN¥5.25 Billion +19.15%
2003-12-31 CN¥4.41 Billion +8.85%
2002-12-31 CN¥4.05 Billion +5.49%
2001-12-31 CN¥3.84 Billion +6.48%
2000-12-31 CN¥3.61 Billion +49.35%
1999-12-31 CN¥2.41 Billion +9.63%
1998-12-31 CN¥2.20 Billion +98.71%
1997-12-31 CN¥1.11 Billion +243.50%
1996-12-31 CN¥322.58 Million +130.62%
1995-12-31 CN¥139.88 Million +23.72%
1994-12-31 CN¥113.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Yanjing Brewery 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 9625.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.06 Billion 34.58%
Common Stock CN¥2.82 Billion 19.28%
Other Comprehensive Income CN¥2.48 Billion 16.99%
Other Components CN¥4.26 Billion 29.15%
Total Equity CN¥14.62 Billion 100.00%

Beijing Yanjing Brewery Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Yanjing Brewery Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Yanjing Brewery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 13,845,197,027 to 14,619,021,633, a change of 773,824,606 (5.6%).
  • Net income of 1,055,678,542 contributed positively to equity growth.
  • Dividend payments of 316,834,614 reduced retained earnings.
  • Other comprehensive income increased equity by 59,265,220.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.06 Billion +7.22%
Dividends Paid CN¥316.83 Million -2.17%
Other Comprehensive Income CN¥59.27 Million +0.41%
Other Changes CN¥-24.28 Million -0.17%
Total Change CN¥- 5.59%

Book Value vs Market Value Analysis

This analysis compares Beijing Yanjing Brewery 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: 2.51x
  • 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 256.42x to 2.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.05 CN¥13.05 x
1995-12-31 CN¥0.06 CN¥13.05 x
1996-12-31 CN¥0.15 CN¥13.05 x
1997-12-31 CN¥0.50 CN¥13.05 x
1998-12-31 CN¥0.99 CN¥13.05 x
1999-12-31 CN¥1.07 CN¥13.05 x
2000-12-31 CN¥1.55 CN¥13.05 x
2001-12-31 CN¥1.62 CN¥13.05 x
2002-12-31 CN¥1.67 CN¥13.05 x
2003-12-31 CN¥1.78 CN¥13.05 x
2004-12-31 CN¥1.90 CN¥13.05 x
2005-12-31 CN¥2.03 CN¥13.05 x
2006-12-31 CN¥2.37 CN¥13.05 x
2007-12-31 CN¥2.48 CN¥13.05 x
2008-12-31 CN¥3.14 CN¥13.05 x
2009-12-31 CN¥3.03 CN¥13.05 x
2010-12-31 CN¥3.36 CN¥13.05 x
2011-12-31 CN¥3.52 CN¥13.05 x
2012-12-31 CN¥3.89 CN¥13.05 x
2013-12-31 CN¥4.36 CN¥13.05 x
2014-12-31 CN¥4.37 CN¥13.05 x
2015-12-31 CN¥4.51 CN¥13.05 x
2016-12-31 CN¥4.55 CN¥13.05 x
2017-12-31 CN¥4.54 CN¥13.05 x
2018-12-31 CN¥4.62 CN¥13.05 x
2019-12-31 CN¥4.66 CN¥13.05 x
2020-12-31 CN¥4.70 CN¥13.05 x
2021-12-31 CN¥4.76 CN¥13.05 x
2022-12-31 CN¥4.76 CN¥13.05 x
2023-12-31 CN¥4.92 CN¥13.05 x
2024-12-31 CN¥5.19 CN¥13.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Yanjing Brewery 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): 7.22%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.20%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 1.58x
  • Recent ROE (7.22%) is below the historical average (11.79%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 59.48% 22.88% 0.95x 2.74x CN¥55.95 Million
1995 85.29% 23.30% 0.70x 5.25x CN¥105.32 Million
1996 44.47% 15.27% 1.19x 2.45x CN¥111.20 Million
1997 16.87% 15.95% 0.75x 1.42x CN¥76.13 Million
1998 13.02% 21.58% 0.55x 1.09x CN¥66.52 Million
1999 12.25% 19.22% 0.60x 1.06x CN¥53.45 Million
2000 7.61% 15.01% 0.43x 1.17x CN¥-82.40 Million
2001 7.96% 12.49% 0.52x 1.23x CN¥-73.09 Million
2002 5.42% 7.27% 0.50x 1.49x CN¥-169.81 Million
2003 6.12% 7.06% 0.57x 1.52x CN¥-153.42 Million
2004 6.42% 5.79% 0.63x 1.75x CN¥-150.60 Million
2005 6.14% 5.21% 0.67x 1.77x CN¥-174.10 Million
2006 5.87% 5.48% 0.64x 1.68x CN¥-216.01 Million
2007 7.44% 5.51% 0.68x 1.98x CN¥-140.68 Million
2008 6.66% 5.59% 0.71x 1.68x CN¥-231.03 Million
2009 8.53% 6.61% 0.80x 1.61x CN¥-108.04 Million
2010 9.42% 8.29% 0.63x 1.79x CN¥-47.61 Million
2011 9.34% 7.58% 0.65x 1.91x CN¥-58.06 Million
2012 6.32% 4.73% 0.72x 1.87x CN¥-359.05 Million
2013 5.80% 4.95% 0.73x 1.61x CN¥-493.45 Million
2014 5.93% 5.38% 0.71x 1.55x CN¥-499.02 Million
2015 4.64% 4.69% 0.69x 1.44x CN¥-680.01 Million
2016 2.44% 2.70% 0.63x 1.43x CN¥-966.92 Million
2017 1.26% 1.44% 0.62x 1.41x CN¥-1.12 Billion
2018 1.39% 1.59% 0.64x 1.36x CN¥-1.12 Billion
2019 1.75% 2.00% 0.63x 1.38x CN¥-1.08 Billion
2020 1.49% 1.80% 0.59x 1.40x CN¥-1.13 Billion
2021 1.70% 1.91% 0.62x 1.45x CN¥-1.11 Billion
2022 2.62% 2.67% 0.64x 1.54x CN¥-990.32 Million
2023 4.66% 4.54% 0.67x 1.53x CN¥-739.81 Million
2024 7.22% 7.20% 0.63x 1.58x CN¥-406.22 Million

Industry Comparison

This section compares Beijing Yanjing Brewery Co Ltd's net assets metrics with peer companies in the Beverages - Brewers industry.

Industry Context

  • Industry: Beverages - Brewers
  • Average net assets among peers: $1,891,648,333
  • Average return on equity (ROE) among peers: 5.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Yanjing Brewery Co Ltd (000729) CN¥17.08 Billion 59.48% 0.48x $2.04 Billion
Tibet Galaxy Science & Technology Development Co Ltd (000752) $550.13 Million -4.68% 0.68x $301.39 Million
Lanzhou Huanghe Enterprise Co Ltd (000929) $543.80 Million 2.94% 1.17x $178.72 Million
Gansu Huangtai Wine-marketing Industry Co. Ltd. (000995) $177.15 Million 2.73% 1.45x $285.17 Million
GDH Supertime Group Co. Ltd. A (001338) $1.75 Billion 9.19% 0.28x $440.28 Million
Guangzhou Zhujiang Brewery Co Ltd (002461) $10.04 Billion 6.21% 0.45x $469.85 Million
Chongqing Brewery Co Ltd (600132) $1.16 Billion 34.77% 1.84x $1.51 Billion
Hainan Yedao Group Co Ltd (600238) $526.85 Million -11.42% 1.42x $134.63 Million
FuJian YanJing HuiQuan Brewery Co Ltd (600573) $1.15 Billion 1.73% 0.07x $212.28 Million
Sichuan Swellfun Co Ltd (600779) $1.13 Billion 6.88% 0.52x $853.07 Million