Yuan Longping High-tech Agriculture Co Ltd (000998) - Net Assets
Based on the latest financial reports, Yuan Longping High-tech Agriculture Co Ltd (000998) has net assets worth CN¥9.21 Billion CNY (≈ $1.35 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¥25.48 Billion ≈ $3.73 Billion USD) and total liabilities (CN¥16.27 Billion ≈ $2.38 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 Yuan Longping High-tech Agriculture Co L asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.21 Billion |
| % of Total Assets | 36.15% |
| Annual Growth Rate | 22.85% |
| 5-Year Change | 27.56% |
| 10-Year Change | 226.86% |
| Growth Volatility | 150.24 |
Yuan Longping High-tech Agriculture Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Yuan Longping High-tech Agriculture Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000998 asset base for the complete picture of this company's asset base.
Annual Net Assets for Yuan Longping High-tech Agriculture Co Ltd (1997–2024)
The table below shows the annual net assets of Yuan Longping High-tech Agriculture Co Ltd from 1997 to 2024. For live valuation and market cap data, see market cap of Yuan Longping High-tech Agriculture Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.02 Billion ≈ $1.17 Billion |
-20.81% |
| 2023-12-31 | CN¥10.13 Billion ≈ $1.48 Billion |
+76.02% |
| 2022-12-31 | CN¥5.75 Billion ≈ $842.04 Million |
-8.15% |
| 2021-12-31 | CN¥6.27 Billion ≈ $916.79 Million |
-0.37% |
| 2020-12-31 | CN¥6.29 Billion ≈ $920.17 Million |
-7.75% |
| 2019-12-31 | CN¥6.82 Billion ≈ $997.47 Million |
-8.93% |
| 2018-12-31 | CN¥7.48 Billion ≈ $1.10 Billion |
+16.31% |
| 2017-12-31 | CN¥6.44 Billion ≈ $941.67 Million |
+11.43% |
| 2016-12-31 | CN¥5.78 Billion ≈ $845.09 Million |
+135.33% |
| 2015-12-31 | CN¥2.45 Billion ≈ $359.10 Million |
+21.45% |
| 2014-12-31 | CN¥2.02 Billion ≈ $295.67 Million |
+16.26% |
| 2013-12-31 | CN¥1.74 Billion ≈ $254.32 Million |
+5.92% |
| 2012-12-31 | CN¥1.64 Billion ≈ $240.12 Million |
+18.40% |
| 2011-12-31 | CN¥1.39 Billion ≈ $202.80 Million |
+12.74% |
| 2010-12-31 | CN¥1.23 Billion ≈ $179.89 Million |
+5.96% |
| 2009-12-31 | CN¥1.16 Billion ≈ $169.76 Million |
+5.86% |
| 2008-12-31 | CN¥1.10 Billion ≈ $160.37 Million |
+4.38% |
| 2007-12-31 | CN¥1.05 Billion ≈ $153.64 Million |
+2.77% |
| 2006-12-31 | CN¥1.02 Billion ≈ $149.50 Million |
-0.11% |
| 2005-12-31 | CN¥1.02 Billion ≈ $149.67 Million |
+5.51% |
| 2004-12-31 | CN¥969.42 Million ≈ $141.86 Million |
+7.26% |
| 2003-12-31 | CN¥903.81 Million ≈ $132.26 Million |
+5.29% |
| 2002-12-31 | CN¥858.44 Million ≈ $125.62 Million |
+3.24% |
| 2001-12-31 | CN¥831.50 Million ≈ $121.67 Million |
+6.88% |
| 2000-12-31 | CN¥777.97 Million ≈ $113.84 Million |
+791.71% |
| 1999-12-31 | CN¥87.24 Million ≈ $12.77 Million |
+114.43% |
| 1998-12-31 | CN¥40.69 Million ≈ $5.95 Million |
+31.30% |
| 1997-12-31 | CN¥30.99 Million ≈ $4.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yuan Longping High-tech 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 165029689252.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.65 Billion | 34.57% |
| Common Stock | CN¥1.32 Billion | 27.61% |
| Other Comprehensive Income | CN¥-720.74 Million | -15.11% |
| Other Components | CN¥2.53 Billion | 52.93% |
| Total Equity | CN¥4.77 Billion | 100.00% |
Yuan Longping High-tech Agriculture Co Ltd Competitors by Market Cap
The table below lists competitors of Yuan Longping High-tech Agriculture Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neogen Corporation
NASDAQ:NEOG
|
$1.97 Billion |
|
Grupo Profuturo S.A.B. de C.V
MX:GPROFUT
|
$1.97 Billion |
|
Dynex Capital Inc
NYSE:DX
|
$1.97 Billion |
|
Tatung Co
TW:2371
|
$1.97 Billion |
|
West African Resources Limited
F:W25
|
$1.97 Billion |
|
Babcock & Wilcox Enterprises Inc
NYSE:BW
|
$1.97 Billion |
|
Agilysys Inc
NASDAQ:AGYS
|
$1.97 Billion |
|
Elkem ASA
OL:ELK
|
$1.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yuan Longping High-tech Agriculture Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,606,042,166 to 4,770,534,827, a change of -835,507,339 (-14.9%).
- Net income of 113,866,784 contributed positively to equity growth.
- Dividend payments of 613,307,200 reduced retained earnings.
- Other comprehensive income decreased equity by 789,572,530.
- Other factors increased equity by 453,505,607.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥113.87 Million | +2.39% |
| Dividends Paid | CN¥613.31 Million | -12.86% |
| Other Comprehensive Income | CN¥-789.57 Million | -16.55% |
| Other Changes | CN¥453.51 Million | +9.51% |
| Total Change | CN¥- | -14.90% |
Book Value vs Market Value Analysis
This analysis compares Yuan Longping High-tech 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: 2.43x
- 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 247.80x to 2.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.04 | CN¥9.15 | x |
| 1998-12-31 | CN¥0.05 | CN¥9.15 | x |
| 1999-12-31 | CN¥0.10 | CN¥9.15 | x |
| 2000-12-31 | CN¥0.93 | CN¥9.15 | x |
| 2001-12-31 | CN¥0.94 | CN¥9.15 | x |
| 2002-12-31 | CN¥0.96 | CN¥9.15 | x |
| 2003-12-31 | CN¥0.98 | CN¥9.15 | x |
| 2004-12-31 | CN¥1.00 | CN¥9.15 | x |
| 2005-12-31 | CN¥1.01 | CN¥9.15 | x |
| 2006-12-31 | CN¥1.03 | CN¥9.15 | x |
| 2007-12-31 | CN¥1.07 | CN¥9.15 | x |
| 2008-12-31 | CN¥1.11 | CN¥9.15 | x |
| 2009-12-31 | CN¥1.14 | CN¥9.15 | x |
| 2010-12-31 | CN¥1.19 | CN¥9.15 | x |
| 2011-12-31 | CN¥1.29 | CN¥9.15 | x |
| 2012-12-31 | CN¥1.46 | CN¥9.15 | x |
| 2013-12-31 | CN¥1.73 | CN¥9.15 | x |
| 2014-12-31 | CN¥1.90 | CN¥9.15 | x |
| 2015-12-31 | CN¥2.35 | CN¥9.15 | x |
| 2016-12-31 | CN¥4.62 | CN¥9.15 | x |
| 2017-12-31 | CN¥4.69 | CN¥9.15 | x |
| 2018-12-31 | CN¥5.46 | CN¥9.15 | x |
| 2019-12-31 | CN¥4.75 | CN¥9.15 | x |
| 2020-12-31 | CN¥4.26 | CN¥9.15 | x |
| 2021-12-31 | CN¥4.26 | CN¥9.15 | x |
| 2022-12-31 | CN¥3.85 | CN¥9.15 | x |
| 2023-12-31 | CN¥4.20 | CN¥9.15 | x |
| 2024-12-31 | CN¥3.77 | CN¥9.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yuan Longping High-tech 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): 2.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.33%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 5.02x
- Recent ROE (2.39%) is below the historical average (10.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 61.69% | 20.38% | 1.00x | 3.04x | CN¥15.88 Million |
| 1998 | 66.79% | 23.11% | 0.92x | 3.15x | CN¥22.34 Million |
| 1999 | 31.29% | 23.75% | 0.64x | 2.06x | CN¥18.52 Million |
| 2000 | 4.82% | 23.07% | 0.18x | 1.19x | CN¥-40.27 Million |
| 2001 | 5.13% | 15.05% | 0.27x | 1.25x | CN¥-38.28 Million |
| 2002 | 1.26% | 2.69% | 0.36x | 1.30x | CN¥-69.49 Million |
| 2003 | 2.70% | 4.75% | 0.42x | 1.35x | CN¥-59.69 Million |
| 2004 | 3.27% | 2.75% | 0.84x | 1.42x | CN¥-55.95 Million |
| 2005 | 3.35% | 1.80% | 0.84x | 2.22x | CN¥-56.02 Million |
| 2006 | 4.42% | 4.00% | 0.55x | 2.01x | CN¥-47.96 Million |
| 2007 | 5.55% | 6.93% | 0.37x | 2.19x | CN¥-39.50 Million |
| 2008 | 4.80% | 4.05% | 0.57x | 2.08x | CN¥-47.47 Million |
| 2009 | 5.12% | 4.60% | 0.48x | 2.33x | CN¥-46.24 Million |
| 2010 | 7.54% | 5.83% | 0.52x | 2.47x | CN¥-24.34 Million |
| 2011 | 12.43% | 8.59% | 0.52x | 2.77x | CN¥26.04 Million |
| 2012 | 14.01% | 10.03% | 0.47x | 2.94x | CN¥48.95 Million |
| 2013 | 11.79% | 9.88% | 0.49x | 2.43x | CN¥28.27 Million |
| 2014 | 18.92% | 19.94% | 0.44x | 2.14x | CN¥170.64 Million |
| 2015 | 20.86% | 24.24% | 0.40x | 2.13x | CN¥255.63 Million |
| 2016 | 8.88% | 21.80% | 0.29x | 1.41x | CN¥-63.04 Million |
| 2017 | 13.02% | 24.19% | 0.25x | 2.19x | CN¥179.01 Million |
| 2018 | 11.55% | 22.10% | 0.23x | 2.24x | CN¥106.28 Million |
| 2019 | -4.84% | -9.39% | 0.20x | 2.53x | CN¥-901.21 Million |
| 2020 | 2.10% | 3.52% | 0.24x | 2.51x | CN¥-435.16 Million |
| 2021 | 1.13% | 1.78% | 0.25x | 2.54x | CN¥-488.20 Million |
| 2022 | -16.54% | -11.06% | 0.52x | 2.90x | CN¥-1.34 Billion |
| 2023 | 3.57% | 2.17% | 0.33x | 4.95x | CN¥-360.55 Million |
| 2024 | 2.39% | 1.33% | 0.36x | 5.02x | CN¥-363.19 Million |
Industry Comparison
This section compares Yuan Longping High-tech Agriculture Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,985,095,288
- Average return on equity (ROE) among peers: 8.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yuan Longping High-tech Agriculture Co Ltd (000998) | CN¥9.21 Billion | 61.69% | 1.77x | $1.97 Billion |
| ShenZhen Kondarl Group Co Ltd (000048) | $-178.39 Million | 0.00% | 0.00x | $1.17 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $1.70 Billion | -17.53% | 0.66x | $484.37 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $89.36 Million | 44.89% | 0.86x | $355.56 Million |
| Hefei Fengle Seed Co Ltd (000713) | $1.30 Billion | 4.29% | 0.54x | $752.22 Million |
| Luoniushan Co Ltd (000735) | $4.82 Billion | 1.85% | 1.63x | $1.10 Billion |
| New Hope Liuhe Co Ltd (000876) | $14.49 Billion | 11.78% | 0.70x | $5.75 Billion |
| Dongrui Food Group Co Ltd (001201) | $3.11 Billion | 1.38% | 0.52x | $497.17 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $585.62 Million | 19.17% | 0.10x | $558.39 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $951.86 Million | 9.78% | 0.64x | $1.30 Billion |
About Yuan Longping High-tech Agriculture Co Ltd
Yuan Long Ping High-Tech Agriculture Co., Ltd. engages in cultivating, promoting, and selling of crop seeds and seedlings in China. The company primarily offers rice, corn, vegetables and fruit, wheat, cotton seeds, peppers, cucumbers, millet, sunflowers, melons, soybeans, rapeseed, and other specialized and oil crops; develops, promotes, and sells pesticides and fertilizers; processes and sells … Read more