Jinzi Ham Co Ltd

SHE:002515 China Food Distribution
Market Cap
$1.00 Billion
CN¥7.36 Billion CNY
Market Cap Rank
#8356 Global
#1580 in China
Share Price
CN¥6.08
Change (1 day)
-2.09%
52-Week Range
CN¥4.94 - CN¥8.07
All Time High
CN¥12.49
About

Jinzi Ham Co.,Ltd. engages in the research and development, production, and sale of ham and meat products in China and internationally. It offers Parma, golden, Chinese, European fermented, and other ham products; sausages, braised meat, bacon, grilled sausage, XO Sauce, and other pure meat products; prepared meat products, including Ham and duck pot, ham stewed chicken, ham stewed pigeon, honey … Read more

Jinzi Ham Co Ltd (002515) - Net Assets

Latest net assets as of September 2025: CN¥2.61 Billion CNY

Based on the latest financial reports, Jinzi Ham Co Ltd (002515) has net assets worth CN¥2.61 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¥2.67 Billion) and total liabilities (CN¥57.75 Million). 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¥2.61 Billion
% of Total Assets 97.84%
Annual Growth Rate 23.92%
5-Year Change 97.78%
10-Year Change 88.02%
Growth Volatility 95.09

Jinzi Ham Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Jinzi Ham 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 Jinzi Ham Co Ltd (2007–2024)

The table below shows the annual net assets of Jinzi Ham Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.63 Billion +1.49%
2023-12-31 CN¥2.59 Billion +69.67%
2022-12-31 CN¥1.53 Billion +13.68%
2021-12-31 CN¥1.34 Billion +1.03%
2020-12-31 CN¥1.33 Billion +1.05%
2019-12-31 CN¥1.31 Billion -4.66%
2018-12-31 CN¥1.38 Billion -33.41%
2017-12-31 CN¥2.07 Billion +48.02%
2016-12-31 CN¥1.40 Billion +0.11%
2015-12-31 CN¥1.40 Billion +54.05%
2014-12-31 CN¥906.78 Million +1.47%
2013-12-31 CN¥893.68 Million +6.08%
2012-12-31 CN¥842.48 Million +2.59%
2011-12-31 CN¥821.24 Million +4.40%
2010-12-31 CN¥786.66 Million +403.90%
2009-12-31 CN¥156.12 Million +65.86%
2008-12-31 CN¥94.12 Million +37.29%
2007-12-31 CN¥68.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jinzi Ham 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 756.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥376.20 Million 14.33%
Common Stock CN¥1.21 Billion 46.12%
Other Comprehensive Income CN¥70.84 Million 2.70%
Other Components CN¥967.34 Million 36.85%
Total Equity CN¥2.62 Billion 100.00%

Jinzi Ham Co Ltd Competitors by Market Cap

The table below lists competitors of Jinzi Ham Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,585,761,307 to 2,624,992,083, a change of 39,230,776 (1.5%).
  • Net income of 62,172,966 contributed positively to equity growth.
  • Dividend payments of 24,212,283 reduced retained earnings.
  • Other comprehensive income increased equity by 70,839,539.
  • Other factors decreased equity by 69,569,446.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥62.17 Million +2.37%
Dividends Paid CN¥24.21 Million -0.92%
Other Comprehensive Income CN¥70.84 Million +2.7%
Other Changes CN¥-69.57 Million -2.65%
Total Change CN¥- 1.52%

Book Value vs Market Value Analysis

This analysis compares Jinzi Ham 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: 2.88x
  • 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 46.94x to 2.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.13 CN¥6.08 x
2008-12-31 CN¥0.18 CN¥6.08 x
2009-12-31 CN¥0.28 CN¥6.08 x
2010-12-31 CN¥1.31 CN¥6.08 x
2011-12-31 CN¥1.04 CN¥6.08 x
2012-12-31 CN¥1.09 CN¥6.08 x
2013-12-31 CN¥1.11 CN¥6.08 x
2014-12-31 CN¥1.13 CN¥6.08 x
2015-12-31 CN¥1.54 CN¥6.08 x
2016-12-31 CN¥1.36 CN¥6.08 x
2017-12-31 CN¥1.55 CN¥6.08 x
2018-12-31 CN¥1.64 CN¥6.08 x
2019-12-31 CN¥1.40 CN¥6.08 x
2020-12-31 CN¥1.41 CN¥6.08 x
2021-12-31 CN¥1.43 CN¥6.08 x
2022-12-31 CN¥1.56 CN¥6.08 x
2023-12-31 CN¥2.58 CN¥6.08 x
2024-12-31 CN¥2.11 CN¥6.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jinzi Ham 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): 2.37%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.08%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 1.04x
  • Recent ROE (2.37%) is below the historical average (8.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 43.67% 32.62% 0.50x 2.66x CN¥23.08 Million
2008 27.16% 20.82% 0.59x 2.20x CN¥16.15 Million
2009 25.30% 26.66% 0.63x 1.50x CN¥23.88 Million
2010 5.98% 28.85% 0.19x 1.09x CN¥-31.61 Million
2011 6.00% 28.01% 0.20x 1.08x CN¥-32.85 Million
2012 4.22% 19.26% 0.17x 1.27x CN¥-48.67 Million
2013 2.66% 11.14% 0.17x 1.38x CN¥-62.48 Million
2014 2.28% 9.25% 0.22x 1.14x CN¥-66.63 Million
2015 1.62% 11.73% 0.13x 1.07x CN¥-113.10 Million
2016 1.47% 12.39% 0.11x 1.09x CN¥-115.31 Million
2017 7.09% 29.01% 0.16x 1.51x CN¥-44.33 Million
2018 -0.61% -1.98% 0.29x 1.08x CN¥-146.26 Million
2019 2.55% 11.92% 0.20x 1.10x CN¥-97.83 Million
2020 4.47% 8.35% 0.44x 1.22x CN¥-73.31 Million
2021 3.20% 8.47% 0.36x 1.04x CN¥-91.23 Million
2022 3.22% 11.03% 0.28x 1.04x CN¥-103.27 Million
2023 1.55% 12.77% 0.12x 1.02x CN¥-218.51 Million
2024 2.37% 18.08% 0.13x 1.04x CN¥-200.33 Million

Industry Comparison

This section compares Jinzi Ham Co Ltd's net assets metrics with peer companies in the Food Distribution industry.

Industry Context

  • Industry: Food Distribution
  • Average net assets among peers: $506,984,265
  • Average return on equity (ROE) among peers: 20.01%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jinzi Ham Co Ltd (002515) CN¥2.61 Billion 43.67% 0.02x $773.86 Million
Shenzhen Agricultural Products Co Ltd (000061) $30.81 Million 29.13% 1.93x $1.10 Billion
Maiquer Group Co Ltd (002719) $1.15 Billion 1.64% 0.24x $161.20 Million
Pinlive Foods Co Ltd (300892) $338.19 Million 29.25% 1.32x $133.37 Million