Wuliangye Yibin Co Ltd

SHE:000858 China Beverages - Wineries & Distilleries
Market Cap
$55.30 Billion
CN¥405.78 Billion CNY
Market Cap Rank
#800 Global
#21 in China
Share Price
CN¥104.54
Change (1 day)
+1.54%
52-Week Range
CN¥100.70 - CN¥139.55
All Time High
CN¥316.57
Categories
Companies in China Beverages - Wineries & Distilleries
About

Wuliangye Yibin Co.,Ltd. manufactures and sells liquor and wine products and related auxiliary products under the Wuliangye brand in China. The company's products include Wuliangye, 39-degree, 45-degree, and 68-degree Wuliangye liquors, as well as classic series such as Wuliangye 10, 20, 30, and 50, special editions like New Golden Panda Commemorative Wine, Archaeological Wuliangye, and cultural … Read more

Wuliangye Yibin Co Ltd (000858) - Net Assets

Latest net assets as of September 2025: CN¥146.20 Billion CNY

Based on the latest financial reports, Wuliangye Yibin Co Ltd (000858) has net assets worth CN¥146.20 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¥181.07 Billion) and total liabilities (CN¥34.87 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¥146.20 Billion
% of Total Assets 80.74%
Annual Growth Rate 24.7%
5-Year Change 55.42%
10-Year Change 207.58%
Growth Volatility 61.24

Wuliangye Yibin Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Wuliangye Yibin 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 Wuliangye Yibin Co Ltd (1995–2024)

The table below shows the annual net assets of Wuliangye Yibin Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥136.39 Billion +3.06%
2023-12-31 CN¥132.35 Billion +13.43%
2022-12-31 CN¥116.68 Billion +15.08%
2021-12-31 CN¥101.39 Billion +15.54%
2020-12-31 CN¥87.76 Billion +15.33%
2019-12-31 CN¥76.10 Billion +16.86%
2018-12-31 CN¥65.12 Billion +19.10%
2017-12-31 CN¥54.67 Billion +13.42%
2016-12-31 CN¥48.21 Billion +8.71%
2015-12-31 CN¥44.35 Billion +9.95%
2014-12-31 CN¥40.33 Billion +8.95%
2013-12-31 CN¥37.02 Billion +17.44%
2012-12-31 CN¥31.52 Billion +34.44%
2011-12-31 CN¥23.45 Billion +27.66%
2010-12-31 CN¥18.37 Billion +25.96%
2009-12-31 CN¥14.58 Billion +27.27%
2008-12-31 CN¥11.46 Billion +19.01%
2007-12-31 CN¥9.63 Billion +16.05%
2006-12-31 CN¥8.30 Billion +12.31%
2005-12-31 CN¥7.39 Billion +12.13%
2004-12-31 CN¥6.59 Billion +9.31%
2003-12-31 CN¥6.03 Billion +13.22%
2002-12-31 CN¥5.32 Billion +13.18%
2001-12-31 CN¥4.70 Billion +47.35%
2000-12-31 CN¥3.19 Billion +31.84%
1999-12-31 CN¥2.42 Billion +37.14%
1998-12-31 CN¥1.76 Billion +349.81%
1997-12-31 CN¥392.38 Million +48.09%
1996-12-31 CN¥264.96 Million +17.26%
1995-12-31 CN¥225.97 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wuliangye Yibin 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 8765676000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥87.66 Billion 65.77%
Common Stock CN¥3.88 Billion 2.91%
Other Comprehensive Income CN¥39.06 Billion 29.31%
Other Components CN¥2.68 Billion 2.01%
Total Equity CN¥133.29 Billion 100.00%

Wuliangye Yibin Co Ltd Competitors by Market Cap

The table below lists competitors of Wuliangye Yibin Co Ltd ranked by their market capitalization.

Company Market Cap
Hygon Information Technology Co. Ltd. A
SHG:688041
 		$24.92 Billion
China CSSC Holdings Ltd
SHG:600150
 		$24.93 Billion
BRPSF
PINK:BRPSF
 		$24.98 Billion
Sompo Holdings Inc
PINK:NHOLF
 		$25.00 Billion
Amadeus IT Holding SA PK
PINK:AMADY
 		$24.80 Billion
Mahindra & Mahindra Limited
PINK:MAHMF
 		$24.80 Billion
Transurban Group
PINK:TRAUF
 		$24.79 Billion
Hydro One Ltd
TO:H
 		$24.70 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 129,558,241,040 to 133,285,282,000, a change of 3,727,040,960 (2.9%).
  • Net income of 31,853,172,539 contributed positively to equity growth.
  • Dividend payments of 18,127,109,000 reduced retained earnings.
  • Other comprehensive income increased equity by 5,475,713,115.
  • Other factors decreased equity by 15,474,735,694.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥31.85 Billion +23.9%
Dividends Paid CN¥18.13 Billion -13.6%
Other Comprehensive Income CN¥5.48 Billion +4.11%
Other Changes CN¥-15.47 Billion -11.61%
Total Change CN¥- 2.88%

Book Value vs Market Value Analysis

This analysis compares Wuliangye Yibin 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: 3.04x
  • 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 1756.00x to 3.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.06 CN¥104.54 x
1996-12-31 CN¥0.07 CN¥104.54 x
1997-12-31 CN¥0.10 CN¥104.54 x
1998-12-31 CN¥0.47 CN¥104.54 x
1999-12-31 CN¥0.64 CN¥104.54 x
2000-12-31 CN¥0.84 CN¥104.54 x
2001-12-31 CN¥1.24 CN¥104.54 x
2002-12-31 CN¥1.40 CN¥104.54 x
2003-12-31 CN¥1.58 CN¥104.54 x
2004-12-31 CN¥1.73 CN¥104.54 x
2005-12-31 CN¥1.94 CN¥104.54 x
2006-12-31 CN¥3.05 CN¥104.54 x
2007-12-31 CN¥2.52 CN¥104.54 x
2008-12-31 CN¥3.00 CN¥104.54 x
2009-12-31 CN¥3.76 CN¥104.54 x
2010-12-31 CN¥4.77 CN¥104.54 x
2011-12-31 CN¥6.09 CN¥104.54 x
2012-12-31 CN¥8.21 CN¥104.54 x
2013-12-31 CN¥9.51 CN¥104.54 x
2014-12-31 CN¥10.39 CN¥104.54 x
2015-12-31 CN¥11.41 CN¥104.54 x
2016-12-31 CN¥12.40 CN¥104.54 x
2017-12-31 CN¥14.05 CN¥104.54 x
2018-12-31 CN¥16.48 CN¥104.54 x
2019-12-31 CN¥19.14 CN¥104.54 x
2020-12-31 CN¥22.08 CN¥104.54 x
2021-12-31 CN¥25.52 CN¥104.54 x
2022-12-31 CN¥29.38 CN¥104.54 x
2023-12-31 CN¥33.38 CN¥104.54 x
2024-12-31 CN¥34.34 CN¥104.54 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wuliangye Yibin 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): 23.90%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 35.72%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.41x
  • Recent ROE (23.90%) is below the historical average (27.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 96.00% 23.71% 1.21x 3.36x CN¥194.33 Million
1996 98.11% 19.84% 1.50x 3.30x CN¥233.44 Million
1997 86.98% 15.48% 1.91x 2.94x CN¥302.06 Million
1998 31.35% 19.66% 1.03x 1.55x CN¥376.79 Million
1999 26.81% 19.62% 0.84x 1.62x CN¥406.97 Million
2000 24.09% 19.43% 0.86x 1.44x CN¥449.25 Million
2001 17.29% 17.11% 0.71x 1.42x CN¥342.03 Million
2002 11.56% 10.75% 0.79x 1.37x CN¥82.53 Million
2003 11.70% 11.10% 0.77x 1.37x CN¥101.97 Million
2004 12.61% 13.15% 0.71x 1.34x CN¥171.31 Million
2005 10.75% 12.33% 0.67x 1.31x CN¥55.53 Million
2006 14.17% 15.84% 0.71x 1.25x CN¥344.40 Million
2007 15.35% 20.04% 0.63x 1.21x CN¥511.98 Million
2008 15.91% 22.82% 0.59x 1.19x CN¥672.68 Million
2009 22.73% 29.16% 0.53x 1.46x CN¥1.82 Billion
2010 24.28% 28.28% 0.54x 1.58x CN¥2.59 Billion
2011 26.63% 30.26% 0.55x 1.60x CN¥3.85 Billion
2012 31.89% 36.52% 0.60x 1.45x CN¥6.82 Billion
2013 22.09% 32.25% 0.56x 1.22x CN¥4.36 Billion
2014 14.80% 27.77% 0.45x 1.18x CN¥1.89 Billion
2015 14.25% 28.51% 0.41x 1.21x CN¥1.84 Billion
2016 14.41% 27.64% 0.39x 1.32x CN¥2.08 Billion
2017 18.14% 32.05% 0.43x 1.33x CN¥4.34 Billion
2018 21.08% 33.44% 0.46x 1.36x CN¥7.04 Billion
2019 23.42% 34.72% 0.47x 1.43x CN¥9.97 Billion
2020 23.28% 34.81% 0.50x 1.33x CN¥11.38 Billion
2021 23.60% 35.31% 0.49x 1.37x CN¥13.47 Billion
2022 23.41% 36.08% 0.48x 1.34x CN¥15.29 Billion
2023 23.32% 36.28% 0.50x 1.28x CN¥17.25 Billion
2024 23.90% 35.72% 0.47x 1.41x CN¥18.52 Billion

Industry Comparison

This section compares Wuliangye Yibin Co Ltd's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.

Industry Context

  • Industry: Beverages - Wineries & Distilleries
  • Average net assets among peers: $1,471,783,027
  • Average return on equity (ROE) among peers: 20.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wuliangye Yibin Co Ltd (000858) CN¥146.20 Billion 96.00% 0.24x $24.84 Billion
Luzhou Lao Jiao Co Ltd (000568) $818.25 Million 38.95% 0.65x $10.68 Billion
Anhui Gujing Distillery Co Ltd (000596) $1.05 Billion 14.21% 0.47x $4.00 Billion
Jiugui Liquor Co Ltd (000799) $1.68 Billion -5.79% 0.25x $1.48 Billion
Beijing Shunxin Agriculture Co Ltd (000860) $856.51 Million 5.98% 0.19x $880.58 Million
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) $720.80 Million 51.99% 1.04x $3.61 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568) $649.02 Million 44.20% 0.03x $1.25 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646) $2.74 Billion 2.77% 0.17x $326.70 Million
Yantai Changyu Pioneer Wine (200869) $1.25 Billion 10.18% 0.29x $318.55 Million
Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) $3.48 Billion 19.41% 0.96x $223.23 Million