Guizhou Xinbang Pharmaceutical Co Ltd

SHE:002390 China Drug Manufacturers - Specialty & Generic
Market Cap
$855.72 Million
CN¥6.28 Billion CNY
Market Cap Rank
#8992 Global
#1758 in China
Share Price
CN¥3.23
Change (1 day)
+3.53%
52-Week Range
CN¥2.98 - CN¥4.15
All Time High
CN¥14.40
About

Guizhou Xinbang Pharmaceutical Co., Ltd. manufactures and sells traditional Chinese medicine and other pharmaceutical products in China and internationally. The company cardiovascular and cerebrovascular, digestive system, endocrine, tumors and immunomodulatory drugs, blood system drugs, rheumatism and rheumatoid arthritis, urinary system, antipyretic and analgesic, cold medicine, gynecological m… Read more

Guizhou Xinbang Pharmaceutical Co Ltd (002390) - Net Assets

Latest net assets as of September 2025: CN¥6.97 Billion CNY

Based on the latest financial reports, Guizhou Xinbang Pharmaceutical Co Ltd (002390) has net assets worth CN¥6.97 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¥8.59 Billion) and total liabilities (CN¥1.62 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¥6.97 Billion
% of Total Assets 81.17%
Annual Growth Rate 24.09%
5-Year Change 35.82%
10-Year Change 163.02%
Growth Volatility 73.3

Guizhou Xinbang Pharmaceutical Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Guizhou Xinbang Pharmaceutical 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 Guizhou Xinbang Pharmaceutical Co Ltd (2006–2024)

The table below shows the annual net assets of Guizhou Xinbang Pharmaceutical Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.02 Billion -1.71%
2023-12-31 CN¥7.14 Billion +1.09%
2022-12-31 CN¥7.07 Billion +3.46%
2021-12-31 CN¥6.83 Billion +32.12%
2020-12-31 CN¥5.17 Billion +2.38%
2019-12-31 CN¥5.05 Billion -2.33%
2018-12-31 CN¥5.17 Billion -23.53%
2017-12-31 CN¥6.76 Billion +4.22%
2016-12-31 CN¥6.49 Billion +142.97%
2015-12-31 CN¥2.67 Billion +8.59%
2014-12-31 CN¥2.46 Billion +137.27%
2013-12-31 CN¥1.04 Billion +1.30%
2012-12-31 CN¥1.02 Billion +4.40%
2011-12-31 CN¥979.53 Million +2.07%
2010-12-31 CN¥959.70 Million +279.58%
2009-12-31 CN¥252.83 Million +21.73%
2008-12-31 CN¥207.69 Million +19.31%
2007-12-31 CN¥174.08 Million +20.75%
2006-12-31 CN¥144.17 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guizhou Xinbang Pharmaceutical 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 1182.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥456.75 Million 6.81%
Common Stock CN¥1.94 Billion 28.97%
Other Components CN¥4.31 Billion 64.22%
Total Equity CN¥6.71 Billion 100.00%

Guizhou Xinbang Pharmaceutical Co Ltd Competitors by Market Cap

The table below lists competitors of Guizhou Xinbang Pharmaceutical Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,852,401,000 to 6,710,056,000, a change of -142,345,000 (-2.1%).
  • Net income of 101,381,627 contributed positively to equity growth.
  • Dividend payments of 192,290,000 reduced retained earnings.
  • Share repurchases of 78,985,852 reduced equity.
  • Other comprehensive income decreased equity by 201,046,000.
  • Other factors increased equity by 228,595,225.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥101.38 Million +1.51%
Dividends Paid CN¥192.29 Million -2.87%
Share Repurchases CN¥78.99 Million -1.18%
Other Comprehensive Income CN¥-201.05 Million -3.0%
Other Changes CN¥228.60 Million +3.41%
Total Change CN¥- -2.08%

Book Value vs Market Value Analysis

This analysis compares Guizhou Xinbang Pharmaceutical 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: 0.91x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 14.62x to 0.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.22 CN¥3.23 x
2007-12-31 CN¥0.27 CN¥3.23 x
2008-12-31 CN¥0.32 CN¥3.23 x
2009-12-31 CN¥0.39 CN¥3.23 x
2010-12-31 CN¥1.22 CN¥3.23 x
2011-12-31 CN¥1.15 CN¥3.23 x
2012-12-31 CN¥1.19 CN¥3.23 x
2013-12-31 CN¥1.23 CN¥3.23 x
2014-12-31 CN¥2.15 CN¥3.23 x
2015-12-31 CN¥2.04 CN¥3.23 x
2016-12-31 CN¥3.87 CN¥3.23 x
2017-12-31 CN¥3.94 CN¥3.23 x
2018-12-31 CN¥3.06 CN¥3.23 x
2019-12-31 CN¥3.03 CN¥3.23 x
2020-12-31 CN¥3.11 CN¥3.23 x
2021-12-31 CN¥3.64 CN¥3.23 x
2022-12-31 CN¥3.64 CN¥3.23 x
2023-12-31 CN¥3.58 CN¥3.23 x
2024-12-31 CN¥3.54 CN¥3.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guizhou Xinbang Pharmaceutical 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): 1.51%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.68%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.35x
  • Recent ROE (1.51%) is below the historical average (5.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 12.22% 10.07% 0.46x 2.66x CN¥3.17 Million
2007 17.32% 13.74% 0.56x 2.27x CN¥12.65 Million
2008 16.28% 12.23% 0.62x 2.14x CN¥12.97 Million
2009 18.44% 13.87% 0.72x 1.86x CN¥21.37 Million
2010 3.93% 11.85% 0.28x 1.17x CN¥-58.26 Million
2011 4.70% 12.73% 0.29x 1.27x CN¥-51.95 Million
2012 4.70% 10.69% 0.34x 1.31x CN¥-53.94 Million
2013 3.89% 7.07% 0.38x 1.44x CN¥-63.25 Million
2014 6.04% 5.85% 0.47x 2.18x CN¥-94.92 Million
2015 6.86% 4.17% 0.64x 2.56x CN¥-79.81 Million
2016 3.87% 4.77% 0.48x 1.70x CN¥-389.19 Million
2017 4.83% 5.32% 0.50x 1.81x CN¥-342.15 Million
2018 -26.10% -19.70% 0.61x 2.19x CN¥-1.79 Billion
2019 4.89% 3.55% 0.64x 2.15x CN¥-247.41 Million
2020 3.53% 2.97% 0.61x 1.96x CN¥-318.31 Million
2021 4.12% 4.22% 0.67x 1.45x CN¥-389.11 Million
2022 3.30% 3.53% 0.65x 1.44x CN¥-456.47 Million
2023 4.19% 4.45% 0.70x 1.35x CN¥-398.01 Million
2024 1.51% 1.68% 0.67x 1.35x CN¥-569.62 Million

Industry Comparison

This section compares Guizhou Xinbang Pharmaceutical Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $2,075,411,249
  • Average return on equity (ROE) among peers: 9.27%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guizhou Xinbang Pharmaceutical Co Ltd (002390) CN¥6.97 Billion 12.22% 0.23x $639.13 Million
Shenzhen Neptunus Bioengineering Co Ltd (000078) $902.62 Million 5.17% 3.60x $597.12 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153) $1.15 Billion 3.98% 1.16x $313.25 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423) $10.35 Billion 7.54% 0.22x $3.25 Billion
Wedge Industrial Co Ltd (000534) $643.84 Million 3.65% 1.07x $1.71 Billion
Yunnan Baiyao Group Co Ltd (000538) $247.96 Million 10.36% 0.27x $5.35 Billion
Tus Pharmaceutical Group Co Ltd (000590) $268.78 Million 10.37% 0.50x $315.24 Million
Northeast Pharmaceutical Group Co Ltd (000597) $5.16 Billion 6.95% 1.96x $416.82 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623) $720.42 Million 13.93% 0.65x $1.93 Billion
Renhe Pharmacy Co Ltd (000650) $857.16 Million 19.68% 0.24x $748.56 Million
Changchun High & New Technology Industries Group Inc (000661) $451.02 Million 11.10% 0.94x $3.34 Billion