Sanquan Food Co Ltd

SHE:002216 China Packaged Foods
Market Cap
$1.45 Billion
CN¥10.61 Billion CNY
Market Cap Rank
#10182 Global
#2205 in China
Share Price
CN¥12.07
Change (1 day)
-2.27%
52-Week Range
CN¥10.44 - CN¥12.87
All Time High
CN¥32.97
About

Sanquan Food Co., Ltd. produces and sells frozen food products in China. The company offers private chef and children series; vegetarian, champion, and soup dumplings; rice balls; Sanquan Ling Tangyuan; pastries; dessert; shanghai-style wontons; Dragon Boat Zongzi; convenient fast food; and Western food products. It distributes its products through online and offline channels. The company was for… Read more

Sanquan Food Co Ltd (002216) - Net Assets

Latest net assets as of September 2025: CN¥4.53 Billion CNY

Based on the latest financial reports, Sanquan Food Co Ltd (002216) has net assets worth CN¥4.53 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¥7.57 Billion) and total liabilities (CN¥3.04 Billion). 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¥4.53 Billion
% of Total Assets 59.84%
Annual Growth Rate 20.81%
5-Year Change 47.45%
10-Year Change 134.11%
Growth Volatility 40.76

Sanquan Food Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Sanquan 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 Sanquan Food Co Ltd (2004–2024)

The table below shows the annual net assets of Sanquan Food Co Ltd from 2004 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.41 Billion +1.66%
2023-12-31 CN¥4.34 Billion +11.87%
2022-12-31 CN¥3.88 Billion +20.02%
2021-12-31 CN¥3.23 Billion +8.03%
2020-12-31 CN¥2.99 Billion +34.29%
2019-12-31 CN¥2.23 Billion +8.06%
2018-12-31 CN¥2.06 Billion +2.93%
2017-12-31 CN¥2.00 Billion +4.61%
2016-12-31 CN¥1.92 Billion +1.60%
2015-12-31 CN¥1.89 Billion +1.29%
2014-12-31 CN¥1.86 Billion +3.53%
2013-12-31 CN¥1.80 Billion +4.53%
2012-12-31 CN¥1.72 Billion +7.21%
2011-12-31 CN¥1.60 Billion +56.89%
2010-12-31 CN¥1.02 Billion +9.13%
2009-12-31 CN¥936.90 Million +8.06%
2008-12-31 CN¥867.05 Million +184.86%
2007-12-31 CN¥304.38 Million +33.24%
2006-12-31 CN¥228.45 Million +43.60%
2005-12-31 CN¥159.09 Million +58.01%
2004-12-31 CN¥100.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sanquan 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 29260.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.90 Billion 65.79%
Common Stock CN¥879.18 Million 19.93%
Other Comprehensive Income CN¥497.73 Million 11.28%
Other Components CN¥132.55 Million 3.00%
Total Equity CN¥4.41 Billion 100.00%

Sanquan Food Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,339,831,796 to 4,411,928,803, a change of 72,097,007 (1.7%).
  • Net income of 542,253,111 contributed positively to equity growth.
  • Dividend payments of 448,269,652 reduced retained earnings.
  • Other comprehensive income increased equity by 31,280,031.
  • Other factors decreased equity by 53,166,483.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥542.25 Million +12.29%
Dividends Paid CN¥448.27 Million -10.16%
Other Comprehensive Income CN¥31.28 Million +0.71%
Other Changes CN¥-53.17 Million -1.21%
Total Change CN¥- 1.66%

Book Value vs Market Value Analysis

This analysis compares Sanquan 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: 2.39x
  • 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 72.92x to 2.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.17 CN¥12.07 x
2005-12-31 CN¥0.25 CN¥12.07 x
2006-12-31 CN¥0.36 CN¥12.07 x
2007-12-31 CN¥0.48 CN¥12.07 x
2008-12-31 CN¥1.06 CN¥12.07 x
2009-12-31 CN¥1.14 CN¥12.07 x
2010-12-31 CN¥1.26 CN¥12.07 x
2011-12-31 CN¥1.90 CN¥12.07 x
2012-12-31 CN¥1.95 CN¥12.07 x
2013-12-31 CN¥2.00 CN¥12.07 x
2014-12-31 CN¥2.09 CN¥12.07 x
2015-12-31 CN¥1.96 CN¥12.07 x
2016-12-31 CN¥2.20 CN¥12.07 x
2017-12-31 CN¥2.27 CN¥12.07 x
2018-12-31 CN¥2.39 CN¥12.07 x
2019-12-31 CN¥2.49 CN¥12.07 x
2020-12-31 CN¥3.39 CN¥12.07 x
2021-12-31 CN¥3.68 CN¥12.07 x
2022-12-31 CN¥4.41 CN¥12.07 x
2023-12-31 CN¥4.92 CN¥12.07 x
2024-12-31 CN¥5.04 CN¥12.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sanquan 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): 12.29%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.18%
  • • Asset Turnover: 0.81x
  • • Equity Multiplier: 1.85x
  • Recent ROE (12.29%) is below the historical average (13.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 8.24% 1.40% 0.96x 6.14x CN¥-1.73 Million
2005 36.47% 8.45% 1.07x 4.03x CN¥41.17 Million
2006 30.33% 7.33% 1.11x 3.73x CN¥45.47 Million
2007 24.36% 5.74% 1.17x 3.62x CN¥42.28 Million
2008 9.22% 5.75% 0.93x 1.72x CN¥-6.73 Million
2009 9.51% 6.15% 0.90x 1.73x CN¥-4.54 Million
2010 11.92% 6.42% 1.01x 1.84x CN¥19.85 Million
2011 8.59% 5.29% 0.94x 1.73x CN¥-22.58 Million
2012 8.16% 5.22% 0.86x 1.82x CN¥-31.51 Million
2013 6.59% 3.28% 0.97x 2.07x CN¥-61.12 Million
2014 4.36% 1.97% 1.16x 1.91x CN¥-104.74 Million
2015 1.86% 0.82% 1.10x 2.04x CN¥-153.08 Million
2016 2.07% 0.83% 1.15x 2.17x CN¥-151.54 Million
2017 3.60% 1.37% 1.20x 2.18x CN¥-127.81 Million
2018 4.94% 1.84% 1.20x 2.23x CN¥-104.37 Million
2019 9.87% 3.68% 1.13x 2.37x CN¥-2.86 Million
2020 25.65% 11.09% 1.16x 2.00x CN¥468.57 Million
2021 19.82% 9.23% 1.05x 2.04x CN¥317.52 Million
2022 20.67% 10.79% 0.99x 1.94x CN¥413.88 Million
2023 17.27% 10.62% 0.94x 1.73x CN¥315.38 Million
2024 12.29% 8.18% 0.81x 1.85x CN¥101.06 Million

Industry Comparison

This section compares Sanquan 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: $2,496,572,190
  • Average return on equity (ROE) among peers: -3.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sanquan Food Co Ltd (002216) CN¥4.53 Billion 8.24% 0.67x $509.19 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
Zhengzhou Qianweiyangchu Food Co Ltd (001215) $332.95 Million 17.62% 0.88x $266.09 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