Sanquan Food Co Ltd (002216) - Net Assets
Based on the latest financial reports, Sanquan Food Co Ltd (002216) has net assets worth CN¥4.53 Billion CNY (≈ $662.72 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¥7.57 Billion ≈ $1.11 Billion USD) and total liabilities (CN¥3.04 Billion ≈ $444.79 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 Sanquan Food Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Sanquan Food Co Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Sanquan Food Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.41 Billion ≈ $645.80 Million |
+1.66% |
| 2023-12-31 | CN¥4.34 Billion ≈ $635.24 Million |
+11.87% |
| 2022-12-31 | CN¥3.88 Billion ≈ $567.84 Million |
+20.02% |
| 2021-12-31 | CN¥3.23 Billion ≈ $473.12 Million |
+8.03% |
| 2020-12-31 | CN¥2.99 Billion ≈ $437.97 Million |
+34.29% |
| 2019-12-31 | CN¥2.23 Billion ≈ $326.13 Million |
+8.06% |
| 2018-12-31 | CN¥2.06 Billion ≈ $301.79 Million |
+2.93% |
| 2017-12-31 | CN¥2.00 Billion ≈ $293.19 Million |
+4.61% |
| 2016-12-31 | CN¥1.92 Billion ≈ $280.27 Million |
+1.60% |
| 2015-12-31 | CN¥1.89 Billion ≈ $275.85 Million |
+1.29% |
| 2014-12-31 | CN¥1.86 Billion ≈ $272.35 Million |
+3.53% |
| 2013-12-31 | CN¥1.80 Billion ≈ $263.06 Million |
+4.53% |
| 2012-12-31 | CN¥1.72 Billion ≈ $251.66 Million |
+7.21% |
| 2011-12-31 | CN¥1.60 Billion ≈ $234.72 Million |
+56.89% |
| 2010-12-31 | CN¥1.02 Billion ≈ $149.61 Million |
+9.13% |
| 2009-12-31 | CN¥936.90 Million ≈ $137.10 Million |
+8.06% |
| 2008-12-31 | CN¥867.05 Million ≈ $126.88 Million |
+184.86% |
| 2007-12-31 | CN¥304.38 Million ≈ $44.54 Million |
+33.24% |
| 2006-12-31 | CN¥228.45 Million ≈ $33.43 Million |
+43.60% |
| 2005-12-31 | CN¥159.09 Million ≈ $23.28 Million |
+58.01% |
| 2004-12-31 | CN¥100.68 Million ≈ $14.73 Million |
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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.
| Company | Market Cap |
|---|---|
|
Guangzhou Kingmed Diagnostics Group Co Ltd
SHG:603882
|
$1.85 Billion |
|
Galapagos N.V.
AS:GLPG
|
$1.85 Billion |
|
Zhengzhou GL Tech Co Ltd
SHE:300480
|
$1.85 Billion |
|
NFI Group Inc
TO:NFI
|
$1.85 Billion |
|
Hunan Corun New Energy Co Ltd
SHG:600478
|
$1.85 Billion |
|
Hugel Inc
KQ:145020
|
$1.85 Billion |
|
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281
|
$1.85 Billion |
|
UIE PLC
CO:UIE
|
$1.85 Billion |
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: 2.85x
- 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 86.88x to 2.85x 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¥14.38 | x |
| 2005-12-31 | CN¥0.25 | CN¥14.38 | x |
| 2006-12-31 | CN¥0.36 | CN¥14.38 | x |
| 2007-12-31 | CN¥0.48 | CN¥14.38 | x |
| 2008-12-31 | CN¥1.06 | CN¥14.38 | x |
| 2009-12-31 | CN¥1.14 | CN¥14.38 | x |
| 2010-12-31 | CN¥1.26 | CN¥14.38 | x |
| 2011-12-31 | CN¥1.90 | CN¥14.38 | x |
| 2012-12-31 | CN¥1.95 | CN¥14.38 | x |
| 2013-12-31 | CN¥2.00 | CN¥14.38 | x |
| 2014-12-31 | CN¥2.09 | CN¥14.38 | x |
| 2015-12-31 | CN¥1.96 | CN¥14.38 | x |
| 2016-12-31 | CN¥2.20 | CN¥14.38 | x |
| 2017-12-31 | CN¥2.27 | CN¥14.38 | x |
| 2018-12-31 | CN¥2.39 | CN¥14.38 | x |
| 2019-12-31 | CN¥2.49 | CN¥14.38 | x |
| 2020-12-31 | CN¥3.39 | CN¥14.38 | x |
| 2021-12-31 | CN¥3.68 | CN¥14.38 | x |
| 2022-12-31 | CN¥4.41 | CN¥14.38 | x |
| 2023-12-31 | CN¥4.92 | CN¥14.38 | x |
| 2024-12-31 | CN¥5.04 | CN¥14.38 | 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: $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 |
|---|---|---|---|---|
| Sanquan Food Co Ltd (002216) | CN¥4.53 Billion | 8.24% | 0.67x | $1.85 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 Sanquan Food Co Ltd
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