Nanning Sugar Industry Co Ltd
Guangxi Rural Investment Sugar Industry Group Co., Ltd engages in the production and sale of machine-made sugar products primarily in China. The company also offers paper and paper products, sugarcane molasses, pharmaceutical excipients, and bagasse. In addition, it engages in the general freight, lifting and handling, warehousing, and other businesses; and wholesale and retail of goods. The comp… Read more
Nanning Sugar Industry Co Ltd (000911) - Net Assets
Latest net assets as of September 2025: CN¥197.32 Million CNY
Based on the latest financial reports, Nanning Sugar Industry Co Ltd (000911) has net assets worth CN¥197.32 Million 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¥3.08 Billion) and total liabilities (CN¥2.88 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¥197.32 Million |
| % of Total Assets | 6.41% |
| Annual Growth Rate | -0.32% |
| 5-Year Change | -18.12% |
| 10-Year Change | -87.45% |
| Growth Volatility | 76.83 |
Nanning Sugar Industry Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Nanning Sugar Industry 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 Nanning Sugar Industry Co Ltd (1996–2024)
The table below shows the annual net assets of Nanning Sugar Industry Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥207.75 Million | +8.00% |
| 2023-12-31 | CN¥192.35 Million | +0.76% |
| 2022-12-31 | CN¥190.90 Million | -70.52% |
| 2021-12-31 | CN¥647.61 Million | +155.24% |
| 2020-12-31 | CN¥253.73 Million | +73.16% |
| 2019-12-31 | CN¥146.53 Million | +339.92% |
| 2018-12-31 | CN¥33.31 Million | -97.65% |
| 2017-12-31 | CN¥1.42 Billion | -12.32% |
| 2016-12-31 | CN¥1.61 Billion | -2.43% |
| 2015-12-31 | CN¥1.65 Billion | +38.37% |
| 2014-12-31 | CN¥1.20 Billion | -19.08% |
| 2013-12-31 | CN¥1.48 Billion | +23.92% |
| 2012-12-31 | CN¥1.19 Billion | -23.19% |
| 2011-12-31 | CN¥1.55 Billion | -3.43% |
| 2010-12-31 | CN¥1.61 Billion | +5.50% |
| 2009-12-31 | CN¥1.52 Billion | +7.95% |
| 2008-12-31 | CN¥1.41 Billion | -5.28% |
| 2007-12-31 | CN¥1.49 Billion | +17.80% |
| 2006-12-31 | CN¥1.27 Billion | +10.58% |
| 2005-12-31 | CN¥1.14 Billion | -0.85% |
| 2004-12-31 | CN¥1.15 Billion | +39.64% |
| 2003-12-31 | CN¥826.43 Million | +8.98% |
| 2002-12-31 | CN¥758.35 Million | +13.15% |
| 2001-12-31 | CN¥670.22 Million | +24.10% |
| 2000-12-31 | CN¥540.08 Million | +4.21% |
| 1999-12-31 | CN¥518.28 Million | +123.53% |
| 1998-12-31 | CN¥231.86 Million | 0.00% |
| 1997-12-31 | CN¥231.86 Million | +1.99% |
| 1996-12-31 | CN¥227.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nanning Sugar Industry 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 238657185200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥400.32 Million | 322.06% |
| Other Comprehensive Income | CN¥1.19 Billion | 957.05% |
| Other Components | CN¥920.95 Million | 740.92% |
| Total Equity | CN¥124.30 Million | 100.00% |
Nanning Sugar Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Nanning Sugar Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
inTest Corporation
NYSE MKT:INTT
|
$149.06 Million |
|
Fifth Era Acquisition Corp I Class A Ordinary Shares
NASDAQ:FERA
|
$149.11 Million |
|
HIGHPEAK ENERGY DL-0001
F:58R
|
$149.13 Million |
|
Dorsel Holdings Ltd
TA:DRSH
|
$149.18 Million |
|
Proficient Auto Logistics, Inc. Common Stock
NASDAQ:PAL
|
$148.96 Million |
|
Awfis Space Solutions Ltd
NSE:AWFIS
|
$148.79 Million |
|
Brazil Potash Corp.
NYSE:GRO
|
$148.72 Million |
|
Auna S.A.
NYSE:AUNA
|
$148.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanning Sugar Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 96,987,951 to 124,298,745, a change of 27,310,794 (28.2%).
- Net income of 27,338,675 contributed positively to equity growth.
- Dividend payments of 117,691,470 reduced retained earnings.
- Other comprehensive income increased equity by 1,189,425,607.
- Other factors decreased equity by 1,071,762,018.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.34 Million | +21.99% |
| Dividends Paid | CN¥117.69 Million | -94.68% |
| Other Comprehensive Income | CN¥1.19 Billion | +956.91% |
| Other Changes | CN¥-1.07 Billion | -862.25% |
| Total Change | CN¥- | 28.16% |
Book Value vs Market Value Analysis
This analysis compares Nanning Sugar Industry 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: 22.03x
- 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 increased from 7.97x to 22.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.86 | CN¥6.84 | x |
| 1997-12-31 | CN¥0.88 | CN¥6.84 | x |
| 1998-12-31 | CN¥0.88 | CN¥6.84 | x |
| 1999-12-31 | CN¥1.96 | CN¥6.84 | x |
| 2000-12-31 | CN¥2.04 | CN¥6.84 | x |
| 2001-12-31 | CN¥2.53 | CN¥6.84 | x |
| 2002-12-31 | CN¥2.59 | CN¥6.84 | x |
| 2003-12-31 | CN¥2.80 | CN¥6.84 | x |
| 2004-12-31 | CN¥3.67 | CN¥6.84 | x |
| 2005-12-31 | CN¥3.55 | CN¥6.84 | x |
| 2006-12-31 | CN¥4.16 | CN¥6.84 | x |
| 2007-12-31 | CN¥4.96 | CN¥6.84 | x |
| 2008-12-31 | CN¥4.11 | CN¥6.84 | x |
| 2009-12-31 | CN¥4.70 | CN¥6.84 | x |
| 2010-12-31 | CN¥4.98 | CN¥6.84 | x |
| 2011-12-31 | CN¥4.93 | CN¥6.84 | x |
| 2012-12-31 | CN¥3.75 | CN¥6.84 | x |
| 2013-12-31 | CN¥4.64 | CN¥6.84 | x |
| 2014-12-31 | CN¥3.72 | CN¥6.84 | x |
| 2015-12-31 | CN¥5.06 | CN¥6.84 | x |
| 2016-12-31 | CN¥5.20 | CN¥6.84 | x |
| 2017-12-31 | CN¥4.34 | CN¥6.84 | x |
| 2018-12-31 | CN¥0.12 | CN¥6.84 | x |
| 2019-12-31 | CN¥0.22 | CN¥6.84 | x |
| 2020-12-31 | CN¥0.37 | CN¥6.84 | x |
| 2021-12-31 | CN¥1.84 | CN¥6.84 | x |
| 2022-12-31 | CN¥0.10 | CN¥6.84 | x |
| 2023-12-31 | CN¥0.24 | CN¥6.84 | x |
| 2024-12-31 | CN¥0.31 | CN¥6.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanning Sugar Industry 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): 21.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.84%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 30.39x
- Recent ROE (21.99%) is above the historical average (-155.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 12.70% | 3.09% | 1.39x | 2.96x | CN¥6.15 Million |
| 1997 | 13.17% | 3.87% | 1.16x | 2.93x | CN¥7.36 Million |
| 1998 | 21.32% | 4.95% | 1.44x | 3.00x | CN¥26.24 Million |
| 1999 | 8.31% | 4.75% | 0.91x | 1.92x | CN¥-8.75 Million |
| 2000 | 10.18% | 5.86% | 0.70x | 2.48x | CN¥998.16K |
| 2001 | 7.06% | 4.95% | 0.79x | 1.80x | CN¥-19.68 Million |
| 2002 | 8.53% | 4.12% | 0.96x | 2.15x | CN¥-10.06 Million |
| 2003 | 15.08% | 7.46% | 0.89x | 2.26x | CN¥37.72 Million |
| 2004 | 12.28% | 6.92% | 0.68x | 2.61x | CN¥22.22 Million |
| 2005 | 3.74% | 2.10% | 0.57x | 3.14x | CN¥-58.81 Million |
| 2006 | 18.10% | 7.18% | 0.85x | 2.96x | CN¥88.09 Million |
| 2007 | 9.88% | 4.14% | 0.86x | 2.77x | CN¥-1.62 Million |
| 2008 | 2.19% | 0.82% | 0.80x | 3.35x | CN¥-95.96 Million |
| 2009 | 9.15% | 3.45% | 0.90x | 2.94x | CN¥-11.39 Million |
| 2010 | 12.86% | 4.74% | 0.90x | 3.02x | CN¥40.90 Million |
| 2011 | 6.08% | 2.04% | 0.90x | 3.33x | CN¥-55.44 Million |
| 2012 | -28.83% | -9.37% | 0.56x | 5.45x | CN¥-417.93 Million |
| 2013 | 3.67% | 1.12% | 0.76x | 4.29x | CN¥-85.25 Million |
| 2014 | -26.87% | -10.65% | 0.60x | 4.23x | CN¥-393.34 Million |
| 2015 | 3.75% | 1.91% | 0.55x | 3.57x | CN¥-99.46 Million |
| 2016 | 1.15% | 0.51% | 0.53x | 4.21x | CN¥-141.13 Million |
| 2017 | -13.82% | -6.66% | 0.39x | 5.27x | CN¥-333.74 Million |
| 2018 | -3587.27% | -37.88% | 0.62x | 153.07x | CN¥-1.37 Billion |
| 2019 | 25.74% | 0.50% | 0.69x | 75.25x | CN¥11.18 Million |
| 2020 | 58.13% | 1.99% | 0.61x | 48.04x | CN¥58.36 Million |
| 2021 | -12.91% | -1.99% | 0.44x | 14.74x | CN¥-114.03 Million |
| 2022 | -1155.25% | -16.32% | 0.54x | 129.92x | CN¥-466.97 Million |
| 2023 | 28.40% | 0.82% | 0.72x | 48.37x | CN¥17.85 Million |
| 2024 | 21.99% | 0.84% | 0.86x | 30.39x | CN¥14.91 Million |
Industry Comparison
This section compares Nanning Sugar Industry Co Ltd's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $713,344,704
- Average return on equity (ROE) among peers: 10.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanning Sugar Industry Co Ltd (000911) | CN¥197.32 Million | 12.70% | 14.59x | $148.99 Million |
| Guangxi Guitang Group Co Ltd (000833) | $570.05 Million | -7.22% | 1.46x | $1.23 Billion |
| Shandong Sanyuan Biotechnology Co.Ltd. (301206) | $179.52 Million | 37.93% | 0.56x | $328.49 Million |
| Baotou Huazi Industry Co Ltd (600191) | $1.39 Billion | 1.89% | 0.45x | $440.68 Million |