Qingdao Foods Co Ltd
Qingdao Foods Co., Ltd. engages in the production and sale of biscuits and other baked food in China. It offers chocolate candies, noodles, calcium milk biscuits, snack biscuits and peanut butter, bean fillings, bean paste, flour, noodles, oatmeal crisps, baby stick biscuits, calcium milk cakes, calcium probiotic milk powder, high oleic peanut oil, moon cake gift boxes, gift boxes, etc. The compa… Read more
Qingdao Foods Co Ltd (001219) - Net Assets
Latest net assets as of September 2025: CN¥1.06 Billion CNY
Based on the latest financial reports, Qingdao Foods Co Ltd (001219) has net assets worth CN¥1.06 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¥1.29 Billion) and total liabilities (CN¥222.85 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¥1.06 Billion |
| % of Total Assets | 82.67% |
| Annual Growth Rate | 15.83% |
| 5-Year Change | 120.61% |
| 10-Year Change | N/A |
| Growth Volatility | 23.68 |
Qingdao Foods Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Qingdao Foods 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 Qingdao Foods Co Ltd (2015–2024)
The table below shows the annual net assets of Qingdao Foods Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion | +5.40% |
| 2023-12-31 | CN¥974.63 Million | +5.58% |
| 2022-12-31 | CN¥923.11 Million | +7.62% |
| 2021-12-31 | CN¥857.75 Million | +84.20% |
| 2020-12-31 | CN¥465.66 Million | +10.91% |
| 2019-12-31 | CN¥419.84 Million | +9.34% |
| 2018-12-31 | CN¥383.98 Million | +13.93% |
| 2017-12-31 | CN¥337.03 Million | +12.59% |
| 2016-12-31 | CN¥299.34 Million | +9.37% |
| 2015-12-31 | CN¥273.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qingdao Foods 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 144.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥505.97 Million | 49.25% |
| Common Stock | CN¥194.98 Million | 18.98% |
| Other Comprehensive Income | CN¥97.47 Million | 9.49% |
| Other Components | CN¥228.89 Million | 22.28% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Qingdao Foods Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Foods Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurotek Corp
TW:6215
|
$188.97 Million |
|
Fittech Co Ltd
TW:6706
|
$188.98 Million |
|
Launch Two Acquisition Corp. Class A Ordinary Shares
NASDAQ:LPBB
|
$189.09 Million |
|
MBM Resources Bhd
KLSE:5983
|
$189.13 Million |
|
DRB - Hicom Bhd
KLSE:1619
|
$188.88 Million |
|
Lionheart Holdings Unit
NASDAQ:CUBWU
|
$188.88 Million |
|
Oisix ra daichi Inc
OTCGREY:OISXF
|
$188.87 Million |
|
Devsisters corporation
KQ:194480
|
$188.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Foods Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 974,634,181 to 1,027,310,209, a change of 52,676,028 (5.4%).
- Net income of 97,476,965 contributed positively to equity growth.
- Dividend payments of 44,996,250 reduced retained earnings.
- Other comprehensive income increased equity by 6,721,251.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.48 Million | +9.49% |
| Dividends Paid | CN¥45.00 Million | -4.38% |
| Other Comprehensive Income | CN¥6.72 Million | +0.65% |
| Other Changes | CN¥-6.53 Million | -0.64% |
| Total Change | CN¥- | 5.40% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Foods 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: 2.64x
- 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 2.86x to 2.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥4.86 | CN¥13.93 | x |
| 2016-12-31 | CN¥5.32 | CN¥13.93 | x |
| 2017-12-31 | CN¥3.80 | CN¥13.93 | x |
| 2018-12-31 | CN¥3.43 | CN¥13.93 | x |
| 2019-12-31 | CN¥2.80 | CN¥13.93 | x |
| 2020-12-31 | CN¥3.10 | CN¥13.93 | x |
| 2021-12-31 | CN¥5.72 | CN¥13.93 | x |
| 2022-12-31 | CN¥6.15 | CN¥13.93 | x |
| 2023-12-31 | CN¥4.98 | CN¥13.93 | x |
| 2024-12-31 | CN¥5.27 | CN¥13.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Foods 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): 9.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.54%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.12x
- Recent ROE (9.49%) is below the historical average (12.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 14.04% | 9.84% | 1.20x | 1.19x | CN¥11.05 Million |
| 2016 | 12.12% | 8.70% | 1.16x | 1.20x | CN¥6.34 Million |
| 2017 | 14.16% | 10.74% | 1.12x | 1.18x | CN¥14.01 Million |
| 2018 | 17.43% | 14.13% | 1.02x | 1.21x | CN¥28.52 Million |
| 2019 | 17.90% | 15.56% | 0.97x | 1.18x | CN¥33.15 Million |
| 2020 | 16.99% | 16.46% | 0.88x | 1.17x | CN¥32.53 Million |
| 2021 | 7.93% | 15.67% | 0.46x | 1.09x | CN¥-17.74 Million |
| 2022 | 9.90% | 18.52% | 0.48x | 1.10x | CN¥-881.06K |
| 2023 | 8.83% | 17.60% | 0.46x | 1.10x | CN¥-11.36 Million |
| 2024 | 9.49% | 18.54% | 0.46x | 1.12x | CN¥-5.25 Million |
Industry Comparison
This section compares Qingdao Foods Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $892,247,494
- Average return on equity (ROE) among peers: -0.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Foods Co Ltd (001219) | CN¥1.06 Billion | 14.04% | 0.21x | $188.89 Million |
| Hainan Pearl River Holdings Co Ltd (000505) | $130.41 Million | -58.74% | 6.48x | $319.98 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.36 Billion | 10.76% | 0.28x | $340.86 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $146.06 Million | -26.14% | 3.55x | $320.66 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $958.11 Million | 0.74% | 0.41x | $404.45 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.36 Billion | 15.73% | 0.48x | $3.82 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $447.94 Million | 1.11% | 0.65x | $206.28 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $405.77 Million | 18.27% | 1.07x | $251.85 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $639.36 Million | 21.40% | 0.42x | $154.64 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $1.58 Billion | 12.04% | 0.40x | $153.88 Million |