He Bei Cheng De LoLo Co Ltd

SHE:000848 China Beverages - Non-Alcoholic
Market Cap
$1.14 Billion
CN¥8.39 Billion CNY
Market Cap Rank
#9227 Global
#1877 in China
Share Price
CN¥8.23
Change (1 day)
-0.36%
52-Week Range
CN¥8.13 - CN¥11.05
All Time High
CN¥12.79
Categories
Companies in China Beverages - Non-Alcoholic
About

Cheng De Lolo Company Limited, together with its subsidiaries, engages in the manufacture and sale of plant protein beverages in China. The company offers dew series, including Classic plain almond dew, Classic plain unsweetened almond dew, Classic plain praline walnut dew, classic original walnut dew, classic original almond dew affectionate style, classic plain almond dew, almond milk tea jings… Read more

He Bei Cheng De LoLo Co Ltd (000848) - Net Assets

Latest net assets as of September 2025: CN¥3.52 Billion CNY

Based on the latest financial reports, He Bei Cheng De LoLo Co Ltd (000848) has net assets worth CN¥3.52 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¥4.72 Billion) and total liabilities (CN¥1.20 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¥3.52 Billion
% of Total Assets 74.56%
Annual Growth Rate 15.26%
5-Year Change 53.65%
10-Year Change 102.13%
Growth Volatility 37.89

He Bei Cheng De LoLo Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how He Bei Cheng De LoLo 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 He Bei Cheng De LoLo Co Ltd (1994–2024)

The table below shows the annual net assets of He Bei Cheng De LoLo Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.44 Billion +10.08%
2023-12-31 CN¥3.12 Billion +11.82%
2022-12-31 CN¥2.79 Billion +16.79%
2021-12-31 CN¥2.39 Billion +6.88%
2020-12-31 CN¥2.24 Billion +10.20%
2019-12-31 CN¥2.03 Billion +3.80%
2018-12-31 CN¥1.96 Billion -3.77%
2017-12-31 CN¥2.03 Billion +1.33%
2016-12-31 CN¥2.01 Billion +17.94%
2015-12-31 CN¥1.70 Billion +27.00%
2014-12-31 CN¥1.34 Billion +28.97%
2013-12-31 CN¥1.04 Billion +26.45%
2012-12-31 CN¥821.47 Million +5.82%
2011-12-31 CN¥776.30 Million +1.58%
2010-12-31 CN¥764.24 Million +15.04%
2009-12-31 CN¥664.33 Million +10.25%
2008-12-31 CN¥602.54 Million +3.24%
2007-12-31 CN¥583.66 Million +14.34%
2006-12-31 CN¥510.48 Million -32.34%
2005-12-31 CN¥754.44 Million -1.03%
2004-12-31 CN¥762.30 Million -1.33%
2003-12-31 CN¥772.57 Million +4.11%
2002-12-31 CN¥742.05 Million +11.98%
2001-12-31 CN¥662.65 Million -9.96%
2000-12-31 CN¥735.93 Million +79.47%
1999-12-31 CN¥410.05 Million +31.29%
1998-12-31 CN¥312.33 Million +4.65%
1997-12-31 CN¥298.46 Million +181.96%
1996-12-31 CN¥105.85 Million +92.61%
1995-12-31 CN¥54.96 Million +13.12%
1994-12-31 CN¥48.58 Million --

Equity Component Analysis

This analysis shows how different components contribute to He Bei Cheng De LoLo 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 193898692600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.94 Billion 56.38%
Common Stock CN¥1.05 Billion 30.61%
Other Comprehensive Income CN¥-675.00K -0.02%
Other Components CN¥447.99 Million 13.03%
Total Equity CN¥3.44 Billion 100.00%

He Bei Cheng De LoLo Co Ltd Competitors by Market Cap

The table below lists competitors of He Bei Cheng De LoLo Co Ltd ranked by their market capitalization.

Company Market Cap
Beijing Balance Medical Technology Co Ltd
SHG:688198
 		$625.31 Million
3R Petroleum Óleo e Gás S.A
SA:RRRP3
 		$625.31 Million
SEAZEN GROUP LTD. HD-001
F:6FLA
 		$625.35 Million
Guangdong Eastone Century Technology Co Ltd
SHE:300310
 		$625.56 Million
Altius Minerals Corporation
OTCQX:ATUSF
 		$625.06 Million
SILEX Systems Ltd
AU:SLX
 		$624.94 Million
Guardian Capital Group Ltd. Cl.A Nv (GCG-A.TO
TO:GCG-A
 		$624.90 Million
Guangdong Jinma Entertainment Corp Ltd
SHE:300756
 		$624.79 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in He Bei Cheng De LoLo Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,088,735,974 to 3,438,855,446, a change of 350,119,472 (11.3%).
  • Net income of 666,239,414 contributed positively to equity growth.
  • Dividend payments of 422,780,376 reduced retained earnings.
  • Other comprehensive income decreased equity by 439,738,930.
  • Other factors increased equity by 546,399,364.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥666.24 Million +19.37%
Dividends Paid CN¥422.78 Million -12.29%
Other Comprehensive Income CN¥-439.74 Million -12.79%
Other Changes CN¥546.40 Million +15.89%
Total Change CN¥- 11.34%

Book Value vs Market Value Analysis

This analysis compares He Bei Cheng De LoLo 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: 2.49x
  • 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 113.79x to 2.49x 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¥0.07 CN¥8.23 x
1995-12-31 CN¥0.08 CN¥8.23 x
1996-12-31 CN¥0.16 CN¥8.23 x
1997-12-31 CN¥0.44 CN¥8.23 x
1998-12-31 CN¥0.46 CN¥8.23 x
1999-12-31 CN¥0.61 CN¥8.23 x
2000-12-31 CN¥1.10 CN¥8.23 x
2001-12-31 CN¥0.99 CN¥8.23 x
2002-12-31 CN¥1.06 CN¥8.23 x
2003-12-31 CN¥1.11 CN¥8.23 x
2004-12-31 CN¥1.08 CN¥8.23 x
2005-12-31 CN¥1.07 CN¥8.23 x
2006-12-31 CN¥0.56 CN¥8.23 x
2007-12-31 CN¥0.82 CN¥8.23 x
2008-12-31 CN¥0.87 CN¥8.23 x
2009-12-31 CN¥0.60 CN¥8.23 x
2010-12-31 CN¥0.69 CN¥8.23 x
2011-12-31 CN¥0.70 CN¥8.23 x
2012-12-31 CN¥0.74 CN¥8.23 x
2013-12-31 CN¥1.17 CN¥8.23 x
2014-12-31 CN¥1.22 CN¥8.23 x
2015-12-31 CN¥1.55 CN¥8.23 x
2016-12-31 CN¥1.83 CN¥8.23 x
2017-12-31 CN¥1.84 CN¥8.23 x
2018-12-31 CN¥1.78 CN¥8.23 x
2019-12-31 CN¥1.85 CN¥8.23 x
2020-12-31 CN¥2.05 CN¥8.23 x
2021-12-31 CN¥2.23 CN¥8.23 x
2022-12-31 CN¥2.69 CN¥8.23 x
2023-12-31 CN¥2.95 CN¥8.23 x
2024-12-31 CN¥3.30 CN¥8.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently He Bei Cheng De LoLo 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): 19.37%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.27%
  • • Asset Turnover: 0.72x
  • • Equity Multiplier: 1.34x
  • Recent ROE (19.37%) is below the historical average (21.92%), 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 36.89% 14.63% 0.91x 2.76x CN¥13.06 Million
1995 56.89% 16.93% 1.05x 3.20x CN¥25.77 Million
1996 39.80% 15.25% 1.28x 2.05x CN¥31.54 Million
1997 18.33% 10.32% 1.35x 1.32x CN¥24.87 Million
1998 22.04% 12.29% 1.15x 1.55x CN¥37.61 Million
1999 24.76% 13.73% 1.42x 1.27x CN¥60.52 Million
2000 7.26% 6.50% 0.94x 1.19x CN¥-20.19 Million
2001 14.76% 9.80% 0.88x 1.72x CN¥31.56 Million
2002 7.22% 4.80% 0.97x 1.56x CN¥-19.85 Million
2003 3.80% 2.69% 0.92x 1.54x CN¥-46.04 Million
2004 5.10% 3.86% 0.86x 1.54x CN¥-35.69 Million
2005 5.97% 3.61% 1.02x 1.62x CN¥-28.97 Million
2006 14.54% 6.24% 1.02x 2.28x CN¥21.49 Million
2007 15.94% 6.26% 1.31x 1.94x CN¥32.55 Million
2008 18.89% 7.24% 1.50x 1.74x CN¥51.70 Million
2009 21.54% 10.44% 1.19x 1.73x CN¥74.29 Million
2010 23.91% 9.82% 1.33x 1.84x CN¥103.82 Million
2011 25.54% 9.98% 1.29x 1.98x CN¥117.68 Million
2012 27.90% 10.40% 1.38x 1.94x CN¥142.70 Million
2013 33.04% 12.69% 1.40x 1.86x CN¥232.86 Million
2014 33.74% 16.40% 1.46x 1.41x CN¥311.84 Million
2015 27.63% 17.12% 1.09x 1.49x CN¥295.60 Million
2016 22.79% 17.87% 0.81x 1.57x CN¥252.75 Million
2017 20.70% 19.58% 0.75x 1.41x CN¥213.76 Million
2018 21.49% 19.47% 0.75x 1.48x CN¥220.84 Million
2019 23.29% 20.61% 0.73x 1.56x CN¥265.31 Million
2020 19.63% 23.23% 0.60x 1.40x CN¥212.05 Million
2021 24.17% 22.56% 0.72x 1.49x CN¥333.83 Million
2022 21.82% 22.36% 0.71x 1.38x CN¥326.01 Million
2023 20.66% 21.60% 0.71x 1.35x CN¥329.25 Million
2024 19.37% 20.27% 0.72x 1.34x CN¥322.35 Million

Industry Comparison

This section compares He Bei Cheng De LoLo Co Ltd's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.

Industry Context

  • Industry: Beverages - Non-Alcoholic
  • Average net assets among peers: $4,019,124,376
  • Average return on equity (ROE) among peers: 21.74%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
He Bei Cheng De LoLo Co Ltd (000848) CN¥3.52 Billion 36.89% 0.34x $625.20 Million
HUANLEJIA Food Group Co. Ltd. (300997) $1.48 Billion 18.77% 0.50x $248.46 Million
Jilin Forest (600189) $1.37 Billion 2.86% 1.24x $448.42 Million
Hebei Yangyuan ZhiHui Beverage Co Ltd (603156) $12.46 Billion 16.93% 0.27x $1.63 Billion
JuneYao Dairy Co Ltd (605388) $536.81 Million 42.02% 0.57x $155.68 Million
Eastroc Beverage Group Co Ltd (605499) $4.24 Billion 28.15% 0.84x $4.85 Billion