Wuliangye Yibin Co Ltd (000858) - Net Assets
Based on the latest financial reports, Wuliangye Yibin Co Ltd (000858) has net assets worth CN¥146.20 Billion CNY (≈ $21.39 Billion 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¥181.07 Billion ≈ $26.50 Billion USD) and total liabilities (CN¥34.87 Billion ≈ $5.10 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 000858 financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore 000858 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Wuliangye Yibin Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥136.39 Billion ≈ $19.96 Billion |
+3.06% |
| 2023-12-31 | CN¥132.35 Billion ≈ $19.37 Billion |
+13.43% |
| 2022-12-31 | CN¥116.68 Billion ≈ $17.07 Billion |
+15.08% |
| 2021-12-31 | CN¥101.39 Billion ≈ $14.84 Billion |
+15.54% |
| 2020-12-31 | CN¥87.76 Billion ≈ $12.84 Billion |
+15.33% |
| 2019-12-31 | CN¥76.10 Billion ≈ $11.14 Billion |
+16.86% |
| 2018-12-31 | CN¥65.12 Billion ≈ $9.53 Billion |
+19.10% |
| 2017-12-31 | CN¥54.67 Billion ≈ $8.00 Billion |
+13.42% |
| 2016-12-31 | CN¥48.21 Billion ≈ $7.05 Billion |
+8.71% |
| 2015-12-31 | CN¥44.35 Billion ≈ $6.49 Billion |
+9.95% |
| 2014-12-31 | CN¥40.33 Billion ≈ $5.90 Billion |
+8.95% |
| 2013-12-31 | CN¥37.02 Billion ≈ $5.42 Billion |
+17.44% |
| 2012-12-31 | CN¥31.52 Billion ≈ $4.61 Billion |
+34.44% |
| 2011-12-31 | CN¥23.45 Billion ≈ $3.43 Billion |
+27.66% |
| 2010-12-31 | CN¥18.37 Billion ≈ $2.69 Billion |
+25.96% |
| 2009-12-31 | CN¥14.58 Billion ≈ $2.13 Billion |
+27.27% |
| 2008-12-31 | CN¥11.46 Billion ≈ $1.68 Billion |
+19.01% |
| 2007-12-31 | CN¥9.63 Billion ≈ $1.41 Billion |
+16.05% |
| 2006-12-31 | CN¥8.30 Billion ≈ $1.21 Billion |
+12.31% |
| 2005-12-31 | CN¥7.39 Billion ≈ $1.08 Billion |
+12.13% |
| 2004-12-31 | CN¥6.59 Billion ≈ $963.88 Million |
+9.31% |
| 2003-12-31 | CN¥6.03 Billion ≈ $881.78 Million |
+13.22% |
| 2002-12-31 | CN¥5.32 Billion ≈ $778.79 Million |
+13.18% |
| 2001-12-31 | CN¥4.70 Billion ≈ $688.09 Million |
+47.35% |
| 2000-12-31 | CN¥3.19 Billion ≈ $466.98 Million |
+31.84% |
| 1999-12-31 | CN¥2.42 Billion ≈ $354.20 Million |
+37.14% |
| 1998-12-31 | CN¥1.76 Billion ≈ $258.27 Million |
+349.81% |
| 1997-12-31 | CN¥392.38 Million ≈ $57.42 Million |
+48.09% |
| 1996-12-31 | CN¥264.96 Million ≈ $38.77 Million |
+17.26% |
| 1995-12-31 | CN¥225.97 Million ≈ $33.07 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 |
|---|---|
|
Doosan Heavy Ind. & Const.
KO:034020
|
$55.17 Billion |
|
Nu Holdings Ltd.
F:M1Z
|
$55.22 Billion |
|
Digital Realty Trust Inc
NYSE:DLR
|
$55.29 Billion |
|
Nordea Bank Abp
HE:NDA-FI
|
$55.32 Billion |
|
Wal-Mart de México S.A.B. de C.V
MX:WALMEX
|
$55.00 Billion |
|
ONEOK Inc
NYSE:OKE
|
$55.00 Billion |
|
ASS.GENERALI ADR 1/2/EO 1
F:ASG0
|
$54.86 Billion |
|
WW Grainger Inc
NYSE:GWW
|
$54.62 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: 2.83x
- 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 1630.69x to 2.83x 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¥97.08 | x |
| 1996-12-31 | CN¥0.07 | CN¥97.08 | x |
| 1997-12-31 | CN¥0.10 | CN¥97.08 | x |
| 1998-12-31 | CN¥0.47 | CN¥97.08 | x |
| 1999-12-31 | CN¥0.64 | CN¥97.08 | x |
| 2000-12-31 | CN¥0.84 | CN¥97.08 | x |
| 2001-12-31 | CN¥1.24 | CN¥97.08 | x |
| 2002-12-31 | CN¥1.40 | CN¥97.08 | x |
| 2003-12-31 | CN¥1.58 | CN¥97.08 | x |
| 2004-12-31 | CN¥1.73 | CN¥97.08 | x |
| 2005-12-31 | CN¥1.94 | CN¥97.08 | x |
| 2006-12-31 | CN¥3.05 | CN¥97.08 | x |
| 2007-12-31 | CN¥2.52 | CN¥97.08 | x |
| 2008-12-31 | CN¥3.00 | CN¥97.08 | x |
| 2009-12-31 | CN¥3.76 | CN¥97.08 | x |
| 2010-12-31 | CN¥4.77 | CN¥97.08 | x |
| 2011-12-31 | CN¥6.09 | CN¥97.08 | x |
| 2012-12-31 | CN¥8.21 | CN¥97.08 | x |
| 2013-12-31 | CN¥9.51 | CN¥97.08 | x |
| 2014-12-31 | CN¥10.39 | CN¥97.08 | x |
| 2015-12-31 | CN¥11.41 | CN¥97.08 | x |
| 2016-12-31 | CN¥12.40 | CN¥97.08 | x |
| 2017-12-31 | CN¥14.05 | CN¥97.08 | x |
| 2018-12-31 | CN¥16.48 | CN¥97.08 | x |
| 2019-12-31 | CN¥19.14 | CN¥97.08 | x |
| 2020-12-31 | CN¥22.08 | CN¥97.08 | x |
| 2021-12-31 | CN¥25.52 | CN¥97.08 | x |
| 2022-12-31 | CN¥29.38 | CN¥97.08 | x |
| 2023-12-31 | CN¥33.38 | CN¥97.08 | x |
| 2024-12-31 | CN¥34.34 | CN¥97.08 | 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: $8,227,993,724
- Average return on equity (ROE) among peers: 5.11%
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 | $55.14 Billion |
| Luzhou Lao Jiao Co Ltd (000568) | $1.56 Billion | 2.97% | 0.70x | $21.56 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $1.19 Billion | 5.06% | 0.32x | $6.41 Billion |
| Jiugui Liquor Co Ltd (000799) | $1.76 Billion | 5.04% | 0.30x | $2.03 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $2.99 Billion | 10.25% | 2.45x | $1.38 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $10.69 Billion | 4.68% | 0.26x | $1.30 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $47.52 Billion | 19.73% | 0.43x | $10.85 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $4.70 Billion | 15.31% | 0.73x | $2.92 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $2.74 Billion | 2.77% | 0.17x | $567.18 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $905.91 Million | -19.81% | 0.63x | $1.01 Billion |
About Wuliangye Yibin Co Ltd
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