CNFC Overseas Fishery Co Ltd (000798) - Net Assets
Based on the latest financial reports, CNFC Overseas Fishery Co Ltd (000798) has net assets worth CN¥1.67 Billion CNY (≈ $243.65 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¥5.88 Billion ≈ $860.60 Million USD) and total liabilities (CN¥4.22 Billion ≈ $616.96 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 financial resilience of CNFC Overseas Fishery Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.67 Billion |
| % of Total Assets | 28.31% |
| Annual Growth Rate | 8.45% |
| 5-Year Change | 141.31% |
| 10-Year Change | 186.66% |
| Growth Volatility | 42.47 |
CNFC Overseas Fishery Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how CNFC Overseas Fishery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CNFC Overseas Fishery Co Ltd (000798) total assets for the complete picture of this company's asset base.
Annual Net Assets for CNFC Overseas Fishery Co Ltd (1994–2024)
The table below shows the annual net assets of CNFC Overseas Fishery Co Ltd from 1994 to 2024. For live valuation and market cap data, see CNFC Overseas Fishery Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.57 Billion ≈ $229.72 Million |
-4.22% |
| 2023-12-31 | CN¥1.64 Billion ≈ $239.85 Million |
+71.07% |
| 2022-12-31 | CN¥958.11 Million ≈ $140.20 Million |
+71.32% |
| 2021-12-31 | CN¥559.26 Million ≈ $81.84 Million |
-14.03% |
| 2020-12-31 | CN¥650.56 Million ≈ $95.20 Million |
-19.91% |
| 2019-12-31 | CN¥812.31 Million ≈ $118.87 Million |
+2.76% |
| 2018-12-31 | CN¥790.46 Million ≈ $115.67 Million |
+15.25% |
| 2017-12-31 | CN¥685.88 Million ≈ $100.37 Million |
+17.06% |
| 2016-12-31 | CN¥585.93 Million ≈ $85.74 Million |
+6.99% |
| 2015-12-31 | CN¥547.65 Million ≈ $80.14 Million |
-35.00% |
| 2014-12-31 | CN¥842.59 Million ≈ $123.30 Million |
+0.45% |
| 2013-12-31 | CN¥838.81 Million ≈ $122.74 Million |
+8.71% |
| 2012-12-31 | CN¥771.61 Million ≈ $112.91 Million |
+6.04% |
| 2011-12-31 | CN¥727.64 Million ≈ $106.48 Million |
+5.88% |
| 2010-12-31 | CN¥687.24 Million ≈ $100.56 Million |
+4.89% |
| 2009-12-31 | CN¥655.17 Million ≈ $95.87 Million |
-8.41% |
| 2008-12-31 | CN¥715.32 Million ≈ $104.67 Million |
-9.66% |
| 2007-12-31 | CN¥791.85 Million ≈ $115.87 Million |
-0.59% |
| 2006-12-31 | CN¥796.52 Million ≈ $116.56 Million |
-1.82% |
| 2005-12-31 | CN¥811.32 Million ≈ $118.72 Million |
+2.08% |
| 2004-12-31 | CN¥794.81 Million ≈ $116.31 Million |
+1.52% |
| 2003-12-31 | CN¥782.93 Million ≈ $114.57 Million |
+4.67% |
| 2002-12-31 | CN¥748.02 Million ≈ $109.46 Million |
-3.82% |
| 2001-12-31 | CN¥777.72 Million ≈ $113.80 Million |
-19.78% |
| 2000-12-31 | CN¥969.47 Million ≈ $141.86 Million |
+1.78% |
| 1999-12-31 | CN¥952.50 Million ≈ $139.38 Million |
+3.40% |
| 1998-12-31 | CN¥921.21 Million ≈ $134.80 Million |
+14.04% |
| 1997-12-31 | CN¥807.78 Million ≈ $118.20 Million |
+196.65% |
| 1996-12-31 | CN¥272.30 Million ≈ $39.85 Million |
+6.09% |
| 1995-12-31 | CN¥256.68 Million ≈ $37.56 Million |
+86.32% |
| 1994-12-31 | CN¥137.76 Million ≈ $20.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CNFC Overseas Fishery 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 40601231700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥365.86 Million | 101.18% |
| Other Comprehensive Income | CN¥141.46 Million | 39.12% |
| Other Components | CN¥260.30 Million | 71.99% |
| Total Equity | CN¥361.60 Million | 100.00% |
CNFC Overseas Fishery Co Ltd Competitors by Market Cap
The table below lists competitors of CNFC Overseas Fishery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SunOpta Inc.
NASDAQ:STKL
|
$498.43 Million |
|
Xinxiang Tuoxin Pharmaceutical Co.Ltd.
SHE:301089
|
$498.49 Million |
|
SuZhou ChunXing Precision Mechanical Co Ltd
SHE:002547
|
$498.51 Million |
|
MBM Resources Bhd
KLSE:5983
|
$498.55 Million |
|
Zhongfu Information Inc
SHE:300659
|
$498.39 Million |
|
Ichitan Group Public Company Limited
BK:ICHI-R
|
$498.39 Million |
|
Kaiser China Holding Co Ltd
SHE:002425
|
$498.37 Million |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
$498.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNFC Overseas Fishery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 456,302,165 to 361,601,563, a change of -94,700,602 (-20.8%).
- Net loss of 104,014,079 reduced equity.
- Dividend payments of 83,151,363 reduced retained earnings.
- Other comprehensive income increased equity by 9,313,478.
- Other factors increased equity by 83,151,362.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-104.01 Million | -28.76% |
| Dividends Paid | CN¥83.15 Million | -23.0% |
| Other Comprehensive Income | CN¥9.31 Million | +2.58% |
| Other Changes | CN¥83.15 Million | +23.0% |
| Total Change | CN¥- | -20.75% |
Book Value vs Market Value Analysis
This analysis compares CNFC Overseas Fishery 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: 9.42x
- 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 21.63x to 9.42x 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¥0.43 | CN¥9.31 | x |
| 1995-12-31 | CN¥0.80 | CN¥9.31 | x |
| 1996-12-31 | CN¥0.85 | CN¥9.31 | x |
| 1997-12-31 | CN¥2.52 | CN¥9.31 | x |
| 1998-12-31 | CN¥2.88 | CN¥9.31 | x |
| 1999-12-31 | CN¥2.91 | CN¥9.31 | x |
| 2000-12-31 | CN¥3.00 | CN¥9.31 | x |
| 2001-12-31 | CN¥2.40 | CN¥9.31 | x |
| 2002-12-31 | CN¥3.29 | CN¥9.31 | x |
| 2003-12-31 | CN¥3.42 | CN¥9.31 | x |
| 2004-12-31 | CN¥3.47 | CN¥9.31 | x |
| 2005-12-31 | CN¥3.41 | CN¥9.31 | x |
| 2006-12-31 | CN¥2.54 | CN¥9.31 | x |
| 2007-12-31 | CN¥2.04 | CN¥9.31 | x |
| 2008-12-31 | CN¥2.06 | CN¥9.31 | x |
| 2009-12-31 | CN¥1.98 | CN¥9.31 | x |
| 2010-12-31 | CN¥2.17 | CN¥9.31 | x |
| 2011-12-31 | CN¥2.21 | CN¥9.31 | x |
| 2012-12-31 | CN¥2.41 | CN¥9.31 | x |
| 2013-12-31 | CN¥2.62 | CN¥9.31 | x |
| 2014-12-31 | CN¥2.64 | CN¥9.31 | x |
| 2015-12-31 | CN¥1.83 | CN¥9.31 | x |
| 2016-12-31 | CN¥1.97 | CN¥9.31 | x |
| 2017-12-31 | CN¥2.16 | CN¥9.31 | x |
| 2018-12-31 | CN¥2.32 | CN¥9.31 | x |
| 2019-12-31 | CN¥2.39 | CN¥9.31 | x |
| 2020-12-31 | CN¥1.90 | CN¥9.31 | x |
| 2021-12-31 | CN¥1.63 | CN¥9.31 | x |
| 2022-12-31 | CN¥2.68 | CN¥9.31 | x |
| 2023-12-31 | CN¥1.25 | CN¥9.31 | x |
| 2024-12-31 | CN¥0.99 | CN¥9.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNFC Overseas Fishery 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): -28.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.11%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 16.58x
- Recent ROE (-28.76%) is below the historical average (3.27%), 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 | 35.10% | 15.40% | 1.14x | 2.00x | CN¥34.58 Million |
| 1995 | 54.64% | 21.86% | 1.30x | 1.92x | CN¥114.57 Million |
| 1996 | 36.10% | 13.17% | 1.14x | 2.40x | CN¥71.06 Million |
| 1997 | 11.48% | 10.91% | 0.89x | 1.18x | CN¥11.97 Million |
| 1998 | 10.31% | 13.03% | 0.64x | 1.24x | CN¥2.82 Million |
| 1999 | 9.33% | 21.15% | 0.37x | 1.20x | CN¥-6.22 Million |
| 2000 | 6.42% | 18.68% | 0.30x | 1.14x | CN¥-34.34 Million |
| 2001 | 5.22% | 13.20% | 0.33x | 1.19x | CN¥-36.68 Million |
| 2002 | 3.54% | 13.00% | 0.17x | 1.62x | CN¥-48.33 Million |
| 2003 | 4.31% | 19.65% | 0.20x | 1.09x | CN¥-44.27 Million |
| 2004 | 3.03% | 17.11% | 0.16x | 1.08x | CN¥-54.97 Million |
| 2005 | 0.70% | 3.55% | 0.16x | 1.26x | CN¥-72.21 Million |
| 2006 | 0.44% | 1.75% | 0.19x | 1.31x | CN¥-63.44 Million |
| 2007 | 0.99% | 2.11% | 0.24x | 1.94x | CN¥-58.93 Million |
| 2008 | -3.14% | -4.95% | 0.32x | 2.00x | CN¥-81.48 Million |
| 2009 | 4.05% | 7.32% | 0.50x | 1.11x | CN¥-38.20 Million |
| 2010 | 7.37% | 13.73% | 0.46x | 1.16x | CN¥-17.82 Million |
| 2011 | 8.58% | 17.58% | 0.38x | 1.28x | CN¥-10.20 Million |
| 2012 | 7.65% | 11.57% | 0.57x | 1.17x | CN¥-17.87 Million |
| 2013 | 6.49% | 18.34% | 0.32x | 1.12x | CN¥-29.38 Million |
| 2014 | 2.50% | 5.56% | 0.41x | 1.10x | CN¥-63.18 Million |
| 2015 | -41.21% | -46.19% | 0.61x | 1.46x | CN¥-299.32 Million |
| 2016 | 5.66% | 6.67% | 0.59x | 1.43x | CN¥-27.37 Million |
| 2017 | 7.88% | 7.25% | 0.73x | 1.49x | CN¥-14.61 Million |
| 2018 | 7.72% | 9.14% | 0.60x | 1.41x | CN¥-16.87 Million |
| 2019 | 2.94% | 3.88% | 0.51x | 1.47x | CN¥-53.95 Million |
| 2020 | -25.79% | -35.25% | 0.39x | 1.88x | CN¥-217.79 Million |
| 2021 | -17.05% | -19.22% | 0.46x | 1.94x | CN¥-140.98 Million |
| 2022 | 0.78% | 1.19% | 0.44x | 1.47x | CN¥-84.80 Million |
| 2023 | -25.88% | -2.92% | 0.68x | 13.04x | CN¥-163.72 Million |
| 2024 | -28.76% | -2.11% | 0.82x | 16.58x | CN¥-140.17 Million |
Industry Comparison
This section compares CNFC Overseas Fishery Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $846,276,337
- Average return on equity (ROE) among peers: 0.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CNFC Overseas Fishery Co Ltd (000798) | CN¥1.67 Billion | 35.10% | 2.53x | $498.43 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $957.14 Million | -3.68% | 0.11x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $254.16 Million | -54.32% | 1.61x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $92.89 Million | 11.89% | 1.23x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $2.53 Billion | -5.73% | 0.85x | $566.73 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $290.51 Million | 13.20% | 1.80x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $180.97 Million | 14.05% | 2.24x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $953.19 Million | 9.28% | 0.41x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $1.03 Billion | 9.49% | 0.12x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.33 Billion | 7.43% | 0.75x | $587.64 Million |
About CNFC Overseas Fishery Co Ltd
CNFC Overseas Fisheries Co.,Ltd engages in the offshore fishery business in China and internationally. It offers tuna, squid, shrimp, mollusks, molluscs, shrimp, crabs, and shellfish, hard-bodied fish, soft-bodied fish, and other products, as well as deep-sea fishing, aquatic product processing and trade, and marine fishery services. The company also provides its products under the Mingzhu, Zhong… Read more