Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) - Net Assets
Based on the latest financial reports, Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) has net assets worth CN¥8.77 Billion CNY (≈ $1.28 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¥16.82 Billion ≈ $2.46 Billion USD) and total liabilities (CN¥8.05 Billion ≈ $1.18 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 002100 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.77 Billion |
| % of Total Assets | 52.14% |
| Annual Growth Rate | 23.63% |
| 5-Year Change | 24.05% |
| 10-Year Change | 257.18% |
| Growth Volatility | 30.32 |
Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Xinjiang Tecon Animal Husbandry Bio-Tech assets under control for the complete picture of this company's asset base.
Annual Net Assets for Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (2003–2024)
The table below shows the annual net assets of Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd from 2003 to 2024. For live valuation and market cap data, see 002100 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.52 Billion ≈ $1.25 Billion |
+7.64% |
| 2023-12-31 | CN¥7.91 Billion ≈ $1.16 Billion |
-18.11% |
| 2022-12-31 | CN¥9.66 Billion ≈ $1.41 Billion |
+24.18% |
| 2021-12-31 | CN¥7.78 Billion ≈ $1.14 Billion |
+13.33% |
| 2020-12-31 | CN¥6.87 Billion ≈ $1.00 Billion |
+32.97% |
| 2019-12-31 | CN¥5.16 Billion ≈ $755.78 Million |
+57.52% |
| 2018-12-31 | CN¥3.28 Billion ≈ $479.79 Million |
+7.32% |
| 2017-12-31 | CN¥3.06 Billion ≈ $447.07 Million |
+12.98% |
| 2016-12-31 | CN¥2.70 Billion ≈ $395.72 Million |
+13.38% |
| 2015-12-31 | CN¥2.39 Billion ≈ $349.03 Million |
+27.55% |
| 2014-12-31 | CN¥1.87 Billion ≈ $273.65 Million |
+8.69% |
| 2013-12-31 | CN¥1.72 Billion ≈ $251.77 Million |
+38.91% |
| 2012-12-31 | CN¥1.24 Billion ≈ $181.25 Million |
+9.60% |
| 2011-12-31 | CN¥1.13 Billion ≈ $165.37 Million |
+8.02% |
| 2010-12-31 | CN¥1.05 Billion ≈ $153.10 Million |
+41.57% |
| 2009-12-31 | CN¥739.05 Million ≈ $108.15 Million |
+15.26% |
| 2008-12-31 | CN¥641.22 Million ≈ $93.83 Million |
+64.05% |
| 2007-12-31 | CN¥390.86 Million ≈ $57.20 Million |
+11.95% |
| 2006-12-31 | CN¥349.13 Million ≈ $51.09 Million |
+135.77% |
| 2005-12-31 | CN¥148.08 Million ≈ $21.67 Million |
+21.89% |
| 2004-12-31 | CN¥121.49 Million ≈ $17.78 Million |
+22.65% |
| 2003-12-31 | CN¥99.06 Million ≈ $14.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xinjiang Tecon Animal Husbandry Bio-Technology 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 4203.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.19 Billion | 16.91% |
| Common Stock | CN¥1.37 Billion | 19.46% |
| Other Components | CN¥4.46 Billion | 63.63% |
| Total Equity | CN¥7.02 Billion | 100.00% |
Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jangho Group Co Ltd
SHG:601886
|
$1.59 Billion |
|
Oculis Holding AG Ordinary shares
NASDAQ:OCS
|
$1.59 Billion |
|
Aryzta AG
SW:ARYN
|
$1.59 Billion |
|
Hangzhou XZB Tech Co Ltd
SHG:603040
|
$1.59 Billion |
|
Yutong Optical
SHE:300790
|
$1.59 Billion |
|
Jubilant Pharmova Limited
NSE:JUBLPHARMA
|
$1.59 Billion |
|
Diversified Healthcare Trust
NASDAQ:DHC
|
$1.59 Billion |
|
Jiangsu Expressway Company Limited
F:JE2
|
$1.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,410,600,615 to 7,015,639,913, a change of 605,039,298 (9.4%).
- Net income of 605,052,886 contributed positively to equity growth.
- Dividend payments of 173,321,047 reduced retained earnings.
- Other factors increased equity by 173,307,459.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥605.05 Million | +8.62% |
| Dividends Paid | CN¥173.32 Million | -2.47% |
| Other Changes | CN¥173.31 Million | +2.47% |
| Total Change | CN¥- | 9.44% |
Book Value vs Market Value Analysis
This analysis compares Xinjiang Tecon Animal Husbandry Bio-Technology 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: 1.56x
- 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 43.14x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.18 | CN¥7.95 | x |
| 2004-12-31 | CN¥0.22 | CN¥7.95 | x |
| 2005-12-31 | CN¥0.28 | CN¥7.95 | x |
| 2006-12-31 | CN¥1.04 | CN¥7.95 | x |
| 2007-12-31 | CN¥0.59 | CN¥7.95 | x |
| 2008-12-31 | CN¥0.97 | CN¥7.95 | x |
| 2009-12-31 | CN¥1.01 | CN¥7.95 | x |
| 2010-12-31 | CN¥1.38 | CN¥7.95 | x |
| 2011-12-31 | CN¥1.47 | CN¥7.95 | x |
| 2012-12-31 | CN¥1.57 | CN¥7.95 | x |
| 2013-12-31 | CN¥2.10 | CN¥7.95 | x |
| 2014-12-31 | CN¥2.12 | CN¥7.95 | x |
| 2015-12-31 | CN¥2.58 | CN¥7.95 | x |
| 2016-12-31 | CN¥2.75 | CN¥7.95 | x |
| 2017-12-31 | CN¥3.08 | CN¥7.95 | x |
| 2018-12-31 | CN¥3.38 | CN¥7.95 | x |
| 2019-12-31 | CN¥4.34 | CN¥7.95 | x |
| 2020-12-31 | CN¥5.80 | CN¥7.95 | x |
| 2021-12-31 | CN¥6.51 | CN¥7.95 | x |
| 2022-12-31 | CN¥5.87 | CN¥7.95 | x |
| 2023-12-31 | CN¥4.75 | CN¥7.95 | x |
| 2024-12-31 | CN¥5.10 | CN¥7.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinjiang Tecon Animal Husbandry Bio-Technology 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): 8.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.52%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 2.50x
- Recent ROE (8.62%) is below the historical average (10.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 18.74% | 7.47% | 1.12x | 2.24x | CN¥8.21 Million |
| 2004 | 17.66% | 7.14% | 1.09x | 2.26x | CN¥8.73 Million |
| 2005 | 19.41% | 7.40% | 1.04x | 2.51x | CN¥13.32 Million |
| 2006 | 11.13% | 9.08% | 0.71x | 1.72x | CN¥3.89 Million |
| 2007 | 12.45% | 7.21% | 1.03x | 1.67x | CN¥9.52 Million |
| 2008 | 10.16% | 6.07% | 1.03x | 1.63x | CN¥1.01 Million |
| 2009 | 13.42% | 4.75% | 1.20x | 2.35x | CN¥25.07 Million |
| 2010 | 10.30% | 4.53% | 1.24x | 1.83x | CN¥3.09 Million |
| 2011 | 6.81% | 2.58% | 1.30x | 2.04x | CN¥-36.04 Million |
| 2012 | 8.94% | 3.25% | 1.32x | 2.09x | CN¥-12.77 Million |
| 2013 | 10.02% | 4.56% | 1.29x | 1.70x | CN¥335.58K |
| 2014 | 12.74% | 5.56% | 1.41x | 1.63x | CN¥50.63 Million |
| 2015 | 10.45% | 5.90% | 1.10x | 1.62x | CN¥10.60 Million |
| 2016 | 14.93% | 8.83% | 0.99x | 1.71x | CN¥129.64 Million |
| 2017 | 13.64% | 8.79% | 0.79x | 1.97x | CN¥108.56 Million |
| 2018 | 9.77% | 5.95% | 0.62x | 2.65x | CN¥-7.23 Million |
| 2019 | 14.03% | 8.62% | 0.67x | 2.43x | CN¥185.21 Million |
| 2020 | 27.60% | 14.35% | 0.76x | 2.52x | CN¥1.10 Billion |
| 2021 | -9.83% | -4.47% | 0.91x | 2.40x | CN¥-1.42 Billion |
| 2022 | 3.53% | 1.65% | 0.88x | 2.44x | CN¥-514.21 Million |
| 2023 | -21.27% | -7.17% | 1.14x | 2.61x | CN¥-2.00 Billion |
| 2024 | 8.62% | 3.52% | 0.98x | 2.50x | CN¥-96.51 Million |
Industry Comparison
This section compares Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $845,529,743
- Average return on equity (ROE) among peers: 0.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) | CN¥8.77 Billion | 18.74% | 0.92x | $1.59 Billion |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $957.14 Million | -3.68% | 0.11x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $254.16 Million | -54.32% | 1.61x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $92.89 Million | 11.89% | 1.23x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $2.53 Billion | -5.73% | 0.85x | $566.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $838.81 Million | 6.47% | 0.11x | $498.43 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $290.51 Million | 13.20% | 1.80x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $180.97 Million | 14.05% | 2.24x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $953.19 Million | 9.28% | 0.41x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $1.03 Billion | 9.49% | 0.12x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.33 Billion | 7.43% | 0.75x | $587.64 Million |
About Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd
TECON BIOLOGY Co.LTD, together with its subsidiaries, engages in the provision of animal health care, feed, pig breeding, agricultural product processing and trade, and financial services in China and internationally. The company offers pigs, poultry, dairy cows, ruminants, aquatic feed products, as well as premixes and additives. The Pharmaceutical division researches and develops livestock and … Read more