Zhengzhou Qianweiyangchu Food Co Ltd

SHE:001215 China Packaged Foods
Market Cap
$487.57 Million
CN¥3.58 Billion CNY
Market Cap Rank
#13478 Global
#3469 in China
Share Price
CN¥36.82
Change (1 day)
-0.41%
52-Week Range
CN¥25.38 - CN¥47.88
All Time High
CN¥79.00
About

Zhengzhou Qianweiyangchu Food Co., Ltd. primarily engages in the provision of customized and standardized prefabricated semi-finished products for catering companies, group meals, hotels, and banquets in China. The company offers quick-frozen noodles and rice products, such as deep-fried dough sticks, sesame, steamed and fried dumplings, fried vegetables, egg tarts, rice cakes, coarse grain cakes… Read more

Zhengzhou Qianweiyangchu Food Co Ltd (001215) - Net Assets

Latest net assets as of September 2025: CN¥1.87 Billion CNY

Based on the latest financial reports, Zhengzhou Qianweiyangchu Food Co Ltd (001215) has net assets worth CN¥1.87 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¥2.43 Billion) and total liabilities (CN¥564.43 Million). 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¥1.87 Billion
% of Total Assets 76.78%
Annual Growth Rate 31.06%
5-Year Change 212.79%
10-Year Change N/A
Growth Volatility 18.52

Zhengzhou Qianweiyangchu Food Co Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Zhengzhou Qianweiyangchu Food 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 Zhengzhou Qianweiyangchu Food Co Ltd (2017–2024)

The table below shows the annual net assets of Zhengzhou Qianweiyangchu Food Co Ltd from 2017 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.82 Billion +49.85%
2023-12-31 CN¥1.22 Billion +14.58%
2022-12-31 CN¥1.06 Billion +11.30%
2021-12-31 CN¥953.19 Million +63.68%
2020-12-31 CN¥582.34 Million +43.52%
2019-12-31 CN¥405.77 Million +21.87%
2018-12-31 CN¥332.95 Million +21.39%
2017-12-31 CN¥274.27 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhengzhou Qianweiyangchu Food 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 823.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥591.33 Million 32.46%
Common Stock CN¥99.26 Million 5.45%
Other Components CN¥1.13 Billion 62.09%
Total Equity CN¥1.82 Billion 100.00%

Zhengzhou Qianweiyangchu Food Co Ltd Competitors by Market Cap

The table below lists competitors of Zhengzhou Qianweiyangchu Food Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,215,141,748 to 1,821,905,616, a change of 606,763,868 (49.9%).
  • Net income of 83,692,913 contributed positively to equity growth.
  • Dividend payments of 22,079,936 reduced retained earnings.
  • Share repurchases of 74,066,602 reduced equity.
  • Other factors increased equity by 619,217,493.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥83.69 Million +4.59%
Dividends Paid CN¥22.08 Million -1.21%
Share Repurchases CN¥74.07 Million -4.07%
Other Changes CN¥619.22 Million +33.99%
Total Change CN¥- 49.93%

Book Value vs Market Value Analysis

This analysis compares Zhengzhou Qianweiyangchu Food 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: 1.94x
  • 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 6.72x to 1.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥5.48 CN¥36.82 x
2018-12-31 CN¥5.79 CN¥36.82 x
2019-12-31 CN¥6.69 CN¥36.82 x
2020-12-31 CN¥6.84 CN¥36.82 x
2021-12-31 CN¥11.21 CN¥36.82 x
2022-12-31 CN¥12.28 CN¥36.82 x
2023-12-31 CN¥14.12 CN¥36.82 x
2024-12-31 CN¥18.94 CN¥36.82 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhengzhou Qianweiyangchu Food 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): 4.59%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.48%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 1.27x
  • Recent ROE (4.59%) is below the historical average (12.57%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 16.98% 7.85% 1.46x 1.48x CN¥19.13 Million
2018 17.62% 8.37% 1.12x 1.88x CN¥25.38 Million
2019 18.27% 8.33% 1.06x 2.07x CN¥33.54 Million
2020 13.15% 8.11% 0.99x 1.64x CN¥18.35 Million
2021 9.28% 6.94% 0.95x 1.41x CN¥-6.90 Million
2022 9.63% 6.86% 0.94x 1.50x CN¥-3.93 Million
2023 11.05% 7.06% 1.05x 1.49x CN¥12.76 Million
2024 4.59% 4.48% 0.80x 1.27x CN¥-98.50 Million

Industry Comparison

This section compares Zhengzhou Qianweiyangchu Food Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,736,975,113
  • Average return on equity (ROE) among peers: -6.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhengzhou Qianweiyangchu Food Co Ltd (001215) CN¥1.87 Billion 16.98% 0.30x $266.09 Million
Xiwang Foodstuffs Co Ltd (000639) $65.61 Million -62.17% 1.91x $345.26 Million
Nanfang Black Sesame Group Co Ltd (000716) $199.49 Million -32.62% 2.81x $346.21 Million
CNFC Overseas Fishery Co Ltd (000798) $727.64 Million 8.49% 0.27x $430.25 Million
Henan Shuanghui Investment & Development Co Ltd (000895) $16.36 Billion 24.69% 0.34x $3.98 Billion
Xinjiang Chalkis Co Ltd (000972) $760.28 Million -33.42% 2.17x $202.97 Million
Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) $1.35 Billion 9.31% 0.15x $160.97 Million
Guangdong Yuehai Feeds Group Co.Ltd. (001313) $2.07 Billion 7.87% 0.47x $169.20 Million
Shandong Oriental Ocean Sci-Tech Co Ltd (002086) $393.72 Million 8.08% 0.70x $460.31 Million
Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) $2.70 Billion 14.52% 0.66x $903.18 Million