Jiangxi Sunshine Dairy Co Ltd (001318) - Net Assets
Based on the latest financial reports, Jiangxi Sunshine Dairy Co Ltd (001318) has net assets worth CN¥1.45 Billion CNY (≈ $212.02 Million 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¥1.53 Billion ≈ $223.42 Million USD) and total liabilities (CN¥77.85 Million ≈ $11.39 Million 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 Jiangxi Sunshine Dairy Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.45 Billion |
| % of Total Assets | 94.9% |
| Annual Growth Rate | 15.82% |
| 5-Year Change | 143.13% |
| 10-Year Change | N/A |
| Growth Volatility | 46.37 |
Jiangxi Sunshine Dairy Co Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Jiangxi Sunshine Dairy Co Ltd's net assets have evolved over time, based on quarterly financial data. See 001318 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangxi Sunshine Dairy Co Ltd (2018–2024)
The table below shows the annual net assets of Jiangxi Sunshine Dairy Co Ltd from 2018 to 2024. For live valuation and market cap data, see market value of Jiangxi Sunshine Dairy Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.41 Billion ≈ $206.87 Million |
+5.07% |
| 2023-12-31 | CN¥1.35 Billion ≈ $196.89 Million |
+5.56% |
| 2022-12-31 | CN¥1.27 Billion ≈ $186.51 Million |
+125.40% |
| 2021-12-31 | CN¥565.47 Million ≈ $82.75 Million |
-2.75% |
| 2020-12-31 | CN¥581.46 Million ≈ $85.09 Million |
+4.76% |
| 2019-12-31 | CN¥555.07 Million ≈ $81.22 Million |
-5.22% |
| 2018-12-31 | CN¥585.62 Million ≈ $85.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Sunshine Dairy 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 10.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥433.93 Million | 30.87% |
| Common Stock | CN¥282.66 Million | 20.11% |
| Other Components | CN¥688.86 Million | 49.01% |
| Total Equity | CN¥1.41 Billion | 100.00% |
Jiangxi Sunshine Dairy Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangxi Sunshine Dairy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Promate Electronic Co Ltd
TW:6189
|
$461.23 Million |
|
Ganso Co Ltd
SHG:603886
|
$461.47 Million |
|
Minto Apartment Real Estate Investment Trust
TO:MI-UN
|
$461.63 Million |
|
Winton Land Ltd
AU:WTN
|
$461.72 Million |
|
LandOcean Energy Services Co
SHE:300157
|
$461.16 Million |
|
CJ Corp 4P Pref
KO:00104K
|
$461.14 Million |
|
Rapid7 Inc
NASDAQ:RPD
|
$461.13 Million |
|
Changshu Ruite Electric Co Ltd
SHE:300600
|
$461.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Sunshine Dairy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,336,112,706 to 1,405,452,000, a change of 69,339,294 (5.2%).
- Net income of 114,564,893 contributed positively to equity growth.
- Dividend payments of 45,225,600 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.56 Million | +8.15% |
| Dividends Paid | CN¥45.23 Million | -3.22% |
| Other Changes | CN¥1.00 | +0.0% |
| Total Change | CN¥- | 5.19% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Sunshine Dairy 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: 2.24x
- 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 3.96x to 2.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CN¥2.82 | CN¥11.15 | x |
| 2019-12-31 | CN¥1.91 | CN¥11.15 | x |
| 2020-12-31 | CN¥2.00 | CN¥11.15 | x |
| 2021-12-31 | CN¥1.95 | CN¥11.15 | x |
| 2022-12-31 | CN¥4.47 | CN¥11.15 | x |
| 2023-12-31 | CN¥4.73 | CN¥11.15 | x |
| 2024-12-31 | CN¥4.97 | CN¥11.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Sunshine Dairy 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): 8.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.06%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.06x
- Recent ROE (8.15%) is below the historical average (15.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 19.17% | 20.80% | 0.84x | 1.10x | CN¥53.69 Million |
| 2019 | 19.37% | 19.21% | 0.76x | 1.33x | CN¥50.44 Million |
| 2020 | 18.52% | 20.08% | 0.70x | 1.32x | CN¥48.27 Million |
| 2021 | 24.57% | 21.52% | 0.85x | 1.34x | CN¥80.47 Million |
| 2022 | 8.77% | 19.47% | 0.42x | 1.07x | CN¥-15.51 Million |
| 2023 | 8.67% | 20.32% | 0.40x | 1.07x | CN¥-17.79 Million |
| 2024 | 8.15% | 22.06% | 0.35x | 1.06x | CN¥-25.98 Million |
Industry Comparison
This section compares Jiangxi Sunshine Dairy Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,250,769,856
- Average return on equity (ROE) among peers: 12.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Sunshine Dairy Co Ltd (001318) | CN¥1.45 Billion | 19.17% | 0.05x | $461.19 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $604.67 Million | 18.82% | 2.28x | $1.35 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $845.71 Million | 7.25% | 0.43x | $410.05 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $621.75 Million | 5.39% | 0.49x | $276.94 Million |
| Hefei Fengle Seed Co Ltd (000713) | $426.90 Million | 12.00% | 0.60x | $693.82 Million |
| Luoniushan Co Ltd (000735) | $3.67 Billion | 4.16% | 0.68x | $879.58 Million |
| New Hope Liuhe Co Ltd (000876) | $3.52 Billion | 6.50% | 1.00x | $4.34 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $1.02 Billion | 2.76% | 0.82x | $1.80 Billion |
| Dongrui Food Group Co Ltd (001201) | $322.80 Million | 16.01% | 0.89x | $424.75 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $222.94 Million | 37.95% | 0.75x | $1.15 Billion |
About Jiangxi Sunshine Dairy Co Ltd
Jiangxi Sunshine Dairy Co., Ltd. engages in the research and development, production, and sale of liquid milk, milk-containing beverages, and other products in China. It also offers fresh milk series, yogurt series, milk beverage series, functional dairy series, and various other products. The company sells its products under the Huahao Ranch, Lake Baikal, Jueda, Ganxianhuo, Pingyanbao, and Yijun… Read more