Beijing Yanjing Brewery Co Ltd (000729) - Net Assets
Based on the latest financial reports, Beijing Yanjing Brewery Co Ltd (000729) has net assets worth CN¥17.11 Billion CNY (≈ $2.50 Billion 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¥24.78 Billion ≈ $3.63 Billion USD) and total liabilities (CN¥7.67 Billion ≈ $1.12 Billion 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 Beijing Yanjing Brewery Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥17.11 Billion |
| % of Total Assets | 69.06% |
| Annual Growth Rate | 17.5% |
| 5-Year Change | 19.87% |
| 10-Year Change | 22.43% |
| Growth Volatility | 49.37 |
Beijing Yanjing Brewery Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Beijing Yanjing Brewery Co Ltd's net assets have evolved over time, based on quarterly financial data. See Beijing Yanjing Brewery Co Ltd (000729) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing Yanjing Brewery Co Ltd (1994–2025)
The table below shows the annual net assets of Beijing Yanjing Brewery Co Ltd from 1994 to 2025. For live valuation and market cap data, see 000729 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥16.75 Billion ≈ $2.45 Billion |
+6.52% |
| 2024-12-31 | CN¥15.72 Billion ≈ $2.30 Billion |
+6.41% |
| 2023-12-31 | CN¥14.78 Billion ≈ $2.16 Billion |
+3.58% |
| 2022-12-31 | CN¥14.27 Billion ≈ $2.09 Billion |
+2.10% |
| 2021-12-31 | CN¥13.97 Billion ≈ $2.04 Billion |
+0.67% |
| 2020-12-31 | CN¥13.88 Billion ≈ $2.03 Billion |
+0.47% |
| 2019-12-31 | CN¥13.82 Billion ≈ $2.02 Billion |
+0.44% |
| 2018-12-31 | CN¥13.75 Billion ≈ $2.01 Billion |
+0.57% |
| 2017-12-31 | CN¥13.68 Billion ≈ $2.00 Billion |
-0.03% |
| 2016-12-31 | CN¥13.68 Billion ≈ $2.00 Billion |
-0.10% |
| 2015-12-31 | CN¥13.69 Billion ≈ $2.00 Billion |
+2.35% |
| 2014-12-31 | CN¥13.38 Billion ≈ $1.96 Billion |
+3.38% |
| 2013-12-31 | CN¥12.94 Billion ≈ $1.89 Billion |
+17.35% |
| 2012-12-31 | CN¥11.03 Billion ≈ $1.61 Billion |
+8.76% |
| 2011-12-31 | CN¥10.14 Billion ≈ $1.48 Billion |
+6.62% |
| 2010-12-31 | CN¥9.51 Billion ≈ $1.39 Billion |
+10.03% |
| 2009-12-31 | CN¥8.64 Billion ≈ $1.26 Billion |
+6.84% |
| 2008-12-31 | CN¥8.09 Billion ≈ $1.18 Billion |
+23.18% |
| 2007-12-31 | CN¥6.57 Billion ≈ $960.91 Million |
+4.76% |
| 2006-12-31 | CN¥6.27 Billion ≈ $917.29 Million |
+15.07% |
| 2005-12-31 | CN¥5.45 Billion ≈ $797.13 Million |
+3.72% |
| 2004-12-31 | CN¥5.25 Billion ≈ $768.51 Million |
+19.15% |
| 2003-12-31 | CN¥4.41 Billion ≈ $644.97 Million |
+6.66% |
| 2002-12-31 | CN¥4.13 Billion ≈ $604.71 Million |
+7.66% |
| 2001-12-31 | CN¥3.84 Billion ≈ $561.70 Million |
+6.76% |
| 2000-12-31 | CN¥3.60 Billion ≈ $526.15 Million |
+56.12% |
| 1999-12-31 | CN¥2.30 Billion ≈ $337.01 Million |
+3.27% |
| 1998-12-31 | CN¥2.23 Billion ≈ $326.33 Million |
+101.26% |
| 1997-12-31 | CN¥1.11 Billion ≈ $162.15 Million |
+243.50% |
| 1996-12-31 | CN¥322.58 Million ≈ $47.20 Million |
+130.62% |
| 1995-12-31 | CN¥139.88 Million ≈ $20.47 Million |
+23.72% |
| 1994-12-31 | CN¥113.06 Million ≈ $16.54 Million |
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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 11046.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.79 Billion | 37.43% |
| Other Components | CN¥9.69 Billion | 62.57% |
| Total Equity | CN¥15.48 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.
| Company | Market Cap |
|---|---|
|
Linamar Corporation
TO:LNR
|
$4.31 Billion |
|
Silicon Motion Technology
NASDAQ:SIMO
|
$4.32 Billion |
|
Mirion Technologies Inc
NYSE:MIR
|
$4.32 Billion |
|
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.
F:G7A
|
$4.32 Billion |
|
Twist Bioscience Corp
NASDAQ:TWST
|
$4.31 Billion |
|
LEG Immobilien SE
XETRA:LEG
|
$4.31 Billion |
|
Nanjing Iron & Steel Co Ltd
SHG:600282
|
$4.30 Billion |
|
TFS Financial Corporation
NASDAQ:TFSL
|
$4.30 Billion |
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 2024 to 2025, total equity changed from 14,619,021,633 to 15,480,762,313, a change of 861,740,680 (5.9%).
- Net income of 1,679,117,089 contributed positively to equity growth.
- Dividend payments of 825,826,943 reduced retained earnings.
- Other comprehensive income decreased equity by 2,484,013,722.
- Other factors increased equity by 2,492,464,257.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.68 Billion | +10.85% |
| Dividends Paid | CN¥825.83 Million | -5.33% |
| Other Comprehensive Income | CN¥-2.48 Billion | -16.05% |
| Other Changes | CN¥2.49 Billion | +16.1% |
| Total Change | CN¥- | 5.89% |
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: 1.90x
- 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 205.53x to 1.90x 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¥10.46 | x |
| 1995-12-31 | CN¥0.06 | CN¥10.46 | x |
| 1996-12-31 | CN¥0.15 | CN¥10.46 | x |
| 1997-12-31 | CN¥0.50 | CN¥10.46 | x |
| 1998-12-31 | CN¥0.99 | CN¥10.46 | x |
| 1999-12-31 | CN¥1.02 | CN¥10.46 | x |
| 2000-12-31 | CN¥1.55 | CN¥10.46 | x |
| 2001-12-31 | CN¥1.62 | CN¥10.46 | x |
| 2002-12-31 | CN¥1.71 | CN¥10.46 | x |
| 2003-12-31 | CN¥1.78 | CN¥10.46 | x |
| 2004-12-31 | CN¥1.90 | CN¥10.46 | x |
| 2005-12-31 | CN¥2.03 | CN¥10.46 | x |
| 2006-12-31 | CN¥2.37 | CN¥10.46 | x |
| 2007-12-31 | CN¥2.48 | CN¥10.46 | x |
| 2008-12-31 | CN¥3.14 | CN¥10.46 | x |
| 2009-12-31 | CN¥3.03 | CN¥10.46 | x |
| 2010-12-31 | CN¥3.36 | CN¥10.46 | x |
| 2011-12-31 | CN¥3.52 | CN¥10.46 | x |
| 2012-12-31 | CN¥3.89 | CN¥10.46 | x |
| 2013-12-31 | CN¥4.36 | CN¥10.46 | x |
| 2014-12-31 | CN¥4.37 | CN¥10.46 | x |
| 2015-12-31 | CN¥4.51 | CN¥10.46 | x |
| 2016-12-31 | CN¥4.55 | CN¥10.46 | x |
| 2017-12-31 | CN¥4.54 | CN¥10.46 | x |
| 2018-12-31 | CN¥4.62 | CN¥10.46 | x |
| 2019-12-31 | CN¥4.66 | CN¥10.46 | x |
| 2020-12-31 | CN¥4.70 | CN¥10.46 | x |
| 2021-12-31 | CN¥4.76 | CN¥10.46 | x |
| 2022-12-31 | CN¥4.76 | CN¥10.46 | x |
| 2023-12-31 | CN¥4.92 | CN¥10.46 | x |
| 2024-12-31 | CN¥5.19 | CN¥10.46 | x |
| 2025-12-31 | CN¥5.49 | CN¥10.46 | 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): 10.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.95%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.53x
- Recent ROE (10.85%) is below the historical average (11.78%), 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 | 13.03% | 21.58% | 0.54x | 1.12x | CN¥66.64 Million |
| 1999 | 12.84% | 19.22% | 0.60x | 1.11x | CN¥64.53 Million |
| 2000 | 7.63% | 15.01% | 0.43x | 1.17x | CN¥-81.54 Million |
| 2001 | 7.96% | 12.49% | 0.52x | 1.23x | CN¥-73.09 Million |
| 2002 | 5.31% | 7.27% | 0.50x | 1.45x | CN¥-177.82 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 | 5.86% | 5.48% | 0.64x | 1.68x | CN¥-216.45 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% | 0.64x | 1.93x | 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¥-990.34 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 |
| 2025 | 10.85% | 10.95% | 0.65x | 1.53x | CN¥131.04 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: $1,970,552,473
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Yanjing Brewery Co Ltd (000729) | CN¥17.11 Billion | 59.48% | 0.45x | $4.31 Billion |
| Tibet Galaxy Science & Technology Development Co Ltd (000752) | $1.24 Billion | 1.33% | 0.15x | $332.31 Million |
| Lanzhou Huanghe Enterprise Co Ltd (000929) | $343.58 Million | -4.55% | 1.38x | $269.93 Million |
| Gansu Huangtai Wine-marketing Industry Co. Ltd. (000995) | $5.99 Million | 0.00% | 58.02x | $267.13 Million |
| Guangzhou Zhujiang Brewery Co Ltd (002461) | $3.58 Billion | 3.19% | 0.85x | $2.79 Billion |
| Chongqing Brewery Co Ltd (600132) | $629.49 Million | 5.45% | 0.87x | $3.25 Billion |
| Hainan Yedao Group Co Ltd (600238) | $889.75 Million | 15.22% | 0.60x | $323.34 Million |
| FuJian YanJing HuiQuan Brewery Co Ltd (600573) | $1.22 Billion | 3.26% | 0.15x | $427.29 Million |
| Tsingtao Brewery Co Ltd (600600) | $9.72 Billion | 15.64% | 0.83x | $5.82 Billion |
| Sichuan Swellfun Co Ltd (600779) | $110.62 Million | 17.53% | 1.97x | $2.06 Billion |
About Beijing Yanjing Brewery Co Ltd
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