Beijing Shunxin Agriculture Co Ltd

SHE:000860 China Beverages - Wineries & Distilleries
Market Cap
$1.43 Billion
CN¥10.48 Billion CNY
Market Cap Rank
#7826 Global
#1405 in China
Share Price
CN¥14.13
Change (1 day)
+0.43%
52-Week Range
CN¥13.92 - CN¥17.74
All Time High
CN¥76.23
Categories
Companies in China Beverages - Wineries & Distilleries
About

Beijing Shunxin Agriculture Co.,Ltd, together with its subsidiaries, engages in the brewing, production, and sale of liquor products under the Niulanshan and Ningcheng brands in China. It operates through Liquor Business, Slaughtering Business, Farming Business, and Other Operations segments. It is also involved in the breeding and farming of pigs; provision of commercial pigs under the Xiaodian … Read more

Beijing Shunxin Agriculture Co Ltd (000860) - Net Assets

Latest net assets as of September 2025: CN¥7.03 Billion CNY

Based on the latest financial reports, Beijing Shunxin Agriculture Co Ltd (000860) has net assets worth CN¥7.03 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¥12.93 Billion) and total liabilities (CN¥5.90 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¥7.03 Billion
% of Total Assets 54.38%
Annual Growth Rate 12.13%
5-Year Change -9.24%
10-Year Change 28.17%
Growth Volatility 23.85

Beijing Shunxin Agriculture Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Beijing Shunxin Agriculture 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 Beijing Shunxin Agriculture Co Ltd (1995–2024)

The table below shows the annual net assets of Beijing Shunxin Agriculture Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.05 Billion +3.71%
2023-12-31 CN¥6.80 Billion -4.00%
2022-12-31 CN¥7.09 Billion -9.08%
2021-12-31 CN¥7.79 Billion +0.26%
2020-12-31 CN¥7.77 Billion +4.18%
2019-12-31 CN¥7.46 Billion -3.47%
2018-12-31 CN¥7.73 Billion +8.44%
2017-12-31 CN¥7.13 Billion +4.48%
2016-12-31 CN¥6.82 Billion +23.94%
2015-12-31 CN¥5.50 Billion +6.15%
2014-12-31 CN¥5.19 Billion +63.24%
2013-12-31 CN¥3.18 Billion +6.38%
2012-12-31 CN¥2.99 Billion -0.27%
2011-12-31 CN¥2.99 Billion +7.08%
2010-12-31 CN¥2.80 Billion +9.83%
2009-12-31 CN¥2.55 Billion +6.40%
2008-12-31 CN¥2.39 Billion +7.57%
2007-12-31 CN¥2.22 Billion +37.23%
2006-12-31 CN¥1.62 Billion -0.97%
2005-12-31 CN¥1.64 Billion +6.25%
2004-12-31 CN¥1.54 Billion +14.13%
2003-12-31 CN¥1.35 Billion +12.51%
2002-12-31 CN¥1.20 Billion +10.03%
2001-12-31 CN¥1.09 Billion +27.29%
2000-12-31 CN¥856.51 Million -3.40%
1999-12-31 CN¥886.70 Million +10.08%
1998-12-31 CN¥805.53 Million +115.55%
1997-12-31 CN¥373.71 Million +15.76%
1996-12-31 CN¥322.84 Million +26.74%
1995-12-31 CN¥254.72 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Shunxin Agriculture 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 279322003500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.79 Billion 39.82%
Common Stock CN¥741.77 Million 10.58%
Other Comprehensive Income CN¥893.76 Million 12.74%
Other Components CN¥2.59 Billion 36.86%
Total Equity CN¥7.01 Billion 100.00%

Beijing Shunxin Agriculture Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Shunxin Agriculture Co Ltd ranked by their market capitalization.

Company Market Cap
GRUPO TELEVISA CPO ALD
F:TLV1
 		$881.33 Million
Lightspeed Commerce Inc
NYSE:LSPD
 		$881.50 Million
Yutong Optical
SHE:300790
 		$881.79 Million
Cangzhou Mingzhu Plastic Co Ltd
SHE:002108
 		$881.79 Million
Zhejiang Yonghe Refrigerant Co Ltd
SHG:605020
 		$880.48 Million
Guangdong Macro Co Ltd
SHE:000533
 		$880.32 Million
Zee Entertainment Enterprises Limited
NSE:ZEEL
 		$879.91 Million
Sungho Electronics Corp
KQ:043260
 		$879.26 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,782,726,103 to 7,013,897,157, a change of 231,171,054 (3.4%).
  • Net income of 231,171,061 contributed positively to equity growth.
  • Dividend payments of 129,949,661 reduced retained earnings.
  • Other comprehensive income increased equity by 923,760,099.
  • Other factors decreased equity by 793,810,445.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥231.17 Million +3.3%
Dividends Paid CN¥129.95 Million -1.85%
Other Comprehensive Income CN¥923.76 Million +13.17%
Other Changes CN¥-793.81 Million -11.32%
Total Change CN¥- 3.41%

Book Value vs Market Value Analysis

This analysis compares Beijing Shunxin Agriculture 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: 1.49x
  • 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 37.33x to 1.49x 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¥0.38 CN¥14.13 x
1996-12-31 CN¥0.43 CN¥14.13 x
1997-12-31 CN¥0.53 CN¥14.13 x
1998-12-31 CN¥1.37 CN¥14.13 x
1999-12-31 CN¥1.50 CN¥14.13 x
2000-12-31 CN¥1.56 CN¥14.13 x
2001-12-31 CN¥1.94 CN¥14.13 x
2002-12-31 CN¥1.99 CN¥14.13 x
2003-12-31 CN¥2.14 CN¥14.13 x
2004-12-31 CN¥2.55 CN¥14.13 x
2005-12-31 CN¥2.68 CN¥14.13 x
2006-12-31 CN¥2.97 CN¥14.13 x
2007-12-31 CN¥3.99 CN¥14.13 x
2008-12-31 CN¥3.97 CN¥14.13 x
2009-12-31 CN¥4.25 CN¥14.13 x
2010-12-31 CN¥4.66 CN¥14.13 x
2011-12-31 CN¥5.01 CN¥14.13 x
2012-12-31 CN¥5.06 CN¥14.13 x
2013-12-31 CN¥5.37 CN¥14.13 x
2014-12-31 CN¥7.74 CN¥14.13 x
2015-12-31 CN¥7.28 CN¥14.13 x
2016-12-31 CN¥9.09 CN¥14.13 x
2017-12-31 CN¥9.56 CN¥14.13 x
2018-12-31 CN¥10.39 CN¥14.13 x
2019-12-31 CN¥10.02 CN¥14.13 x
2020-12-31 CN¥10.44 CN¥14.13 x
2021-12-31 CN¥10.47 CN¥14.13 x
2022-12-31 CN¥9.54 CN¥14.13 x
2023-12-31 CN¥9.14 CN¥14.13 x
2024-12-31 CN¥9.45 CN¥14.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Shunxin Agriculture 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): 3.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.53%
  • • Asset Turnover: 0.61x
  • • Equity Multiplier: 2.14x
  • Recent ROE (3.30%) is below the historical average (8.48%), 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 32.40% 9.16% 1.22x 2.90x CN¥46.06 Million
1996 34.49% 9.06% 1.32x 2.87x CN¥57.70 Million
1997 22.73% 7.31% 1.31x 2.37x CN¥36.83 Million
1998 11.33% 11.47% 0.63x 1.56x CN¥9.84 Million
1999 9.47% 12.14% 0.62x 1.26x CN¥-4.36 Million
2000 6.03% 7.57% 0.66x 1.20x CN¥-33.75 Million
2001 6.98% 9.48% 0.56x 1.32x CN¥-31.74 Million
2002 6.87% 7.15% 0.64x 1.49x CN¥-33.83 Million
2003 7.13% 6.27% 0.68x 1.66x CN¥-33.44 Million
2004 6.55% 4.18% 0.93x 1.68x CN¥-47.81 Million
2005 6.10% 3.06% 0.93x 2.15x CN¥-56.91 Million
2006 6.46% 3.05% 0.90x 2.35x CN¥-53.57 Million
2007 6.94% 3.26% 1.09x 1.95x CN¥-64.83 Million
2008 9.69% 4.27% 0.79x 2.88x CN¥-7.03 Million
2009 6.70% 2.64% 0.76x 3.35x CN¥-79.17 Million
2010 9.99% 4.23% 0.63x 3.74x CN¥-361.30K
2011 10.75% 4.25% 0.70x 3.62x CN¥21.41 Million
2012 4.36% 1.51% 0.67x 4.32x CN¥-162.74 Million
2013 6.46% 2.18% 0.66x 4.50x CN¥-108.49 Million
2014 7.08% 3.79% 0.61x 3.06x CN¥-148.49 Million
2015 6.97% 3.90% 0.61x 2.94x CN¥-163.57 Million
2016 6.12% 3.68% 0.63x 2.64x CN¥-261.94 Million
2017 6.18% 3.74% 0.64x 2.60x CN¥-270.47 Million
2018 9.65% 6.16% 0.61x 2.57x CN¥-26.65 Million
2019 10.89% 5.43% 0.68x 2.96x CN¥65.96 Million
2020 5.43% 2.71% 0.72x 2.80x CN¥-354.14 Million
2021 1.32% 0.69% 0.77x 2.50x CN¥-674.66 Million
2022 -9.51% -5.76% 0.58x 2.86x CN¥-1.38 Billion
2023 -4.36% -2.79% 0.69x 2.27x CN¥-973.87 Million
2024 3.30% 2.53% 0.61x 2.14x CN¥-470.22 Million

Industry Comparison

This section compares Beijing Shunxin Agriculture 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: $5,489,868,799
  • Average return on equity (ROE) among peers: 21.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Shunxin Agriculture Co Ltd (000860) CN¥7.03 Billion 32.40% 0.84x $880.58 Million
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
Wuliangye Yibin Co Ltd (000858) $37.02 Billion 21.54% 0.19x $24.84 Billion
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