Jinzi Ham Co Ltd (002515) - Net Assets
Based on the latest financial reports, Jinzi Ham Co Ltd (002515) has net assets worth CN¥2.63 Billion CNY (≈ $384.58 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.72 Billion ≈ $398.35 Million USD) and total liabilities (CN¥94.13 Million ≈ $13.77 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 002515 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.63 Billion |
| % of Total Assets | 96.54% |
| Annual Growth Rate | 22.42% |
| 5-Year Change | 94.92% |
| 10-Year Change | 87.01% |
| Growth Volatility | 92.87 |
Jinzi Ham Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Jinzi Ham Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002515 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jinzi Ham Co Ltd (2007–2025)
The table below shows the annual net assets of Jinzi Ham Co Ltd from 2007 to 2025. For live valuation and market cap data, see Jinzi Ham Co Ltd (002515) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.62 Billion ≈ $382.68 Million |
-0.43% |
| 2024-12-31 | CN¥2.63 Billion ≈ $384.33 Million |
+1.49% |
| 2023-12-31 | CN¥2.59 Billion ≈ $378.68 Million |
+69.67% |
| 2022-12-31 | CN¥1.53 Billion ≈ $223.18 Million |
+13.68% |
| 2021-12-31 | CN¥1.34 Billion ≈ $196.33 Million |
+1.03% |
| 2020-12-31 | CN¥1.33 Billion ≈ $194.32 Million |
+1.05% |
| 2019-12-31 | CN¥1.31 Billion ≈ $192.29 Million |
-4.66% |
| 2018-12-31 | CN¥1.38 Billion ≈ $201.69 Million |
-33.41% |
| 2017-12-31 | CN¥2.07 Billion ≈ $302.89 Million |
+48.02% |
| 2016-12-31 | CN¥1.40 Billion ≈ $204.63 Million |
+0.11% |
| 2015-12-31 | CN¥1.40 Billion ≈ $204.41 Million |
+54.05% |
| 2014-12-31 | CN¥906.78 Million ≈ $132.69 Million |
+1.47% |
| 2013-12-31 | CN¥893.68 Million ≈ $130.77 Million |
+6.08% |
| 2012-12-31 | CN¥842.48 Million ≈ $123.28 Million |
+2.59% |
| 2011-12-31 | CN¥821.24 Million ≈ $120.17 Million |
+4.40% |
| 2010-12-31 | CN¥786.66 Million ≈ $115.11 Million |
+403.90% |
| 2009-12-31 | CN¥156.12 Million ≈ $22.84 Million |
+65.86% |
| 2008-12-31 | CN¥94.12 Million ≈ $13.77 Million |
+37.29% |
| 2007-12-31 | CN¥68.56 Million ≈ $10.03 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 731.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥365.19 Million | 13.97% |
| Other Components | CN¥2.25 Billion | 86.03% |
| Total Equity | CN¥2.61 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.
| Company | Market Cap |
|---|---|
|
Bank First National Corp
NASDAQ:BFC
|
$1.61 Billion |
|
S&T Bancorp Inc
NASDAQ:STBA
|
$1.61 Billion |
|
Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd
SHG:600248
|
$1.61 Billion |
|
GIMV NV
BR:GIMB
|
$1.61 Billion |
|
Globant SA
NYSE:GLOB
|
$1.61 Billion |
|
Fila Holdings Corp
KO:081660
|
$1.61 Billion |
|
SRG Global Ltd
AU:SRG
|
$1.61 Billion |
|
Flowers Foods Inc
NYSE:FLO
|
$1.61 Billion |
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 2024 to 2025, total equity changed from 2,624,992,083 to 2,613,976,613, a change of -11,015,470 (-0.4%).
- Net income of 25,302,955 contributed positively to equity growth.
- Dividend payments of 36,318,425 reduced retained earnings.
- Other comprehensive income decreased equity by 70,839,539.
- Other factors increased equity by 70,839,540.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.30 Million | +0.97% |
| Dividends Paid | CN¥36.32 Million | -1.39% |
| Other Comprehensive Income | CN¥-70.84 Million | -2.71% |
| Other Changes | CN¥70.84 Million | +2.71% |
| Total Change | CN¥- | -0.42% |
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: 4.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 70.34x to 4.22x 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¥9.11 | x |
| 2008-12-31 | CN¥0.18 | CN¥9.11 | x |
| 2009-12-31 | CN¥0.28 | CN¥9.11 | x |
| 2010-12-31 | CN¥1.31 | CN¥9.11 | x |
| 2011-12-31 | CN¥1.04 | CN¥9.11 | x |
| 2012-12-31 | CN¥1.09 | CN¥9.11 | x |
| 2013-12-31 | CN¥1.11 | CN¥9.11 | x |
| 2014-12-31 | CN¥1.13 | CN¥9.11 | x |
| 2015-12-31 | CN¥1.54 | CN¥9.11 | x |
| 2016-12-31 | CN¥1.36 | CN¥9.11 | x |
| 2017-12-31 | CN¥1.55 | CN¥9.11 | x |
| 2018-12-31 | CN¥1.64 | CN¥9.11 | x |
| 2019-12-31 | CN¥1.57 | CN¥9.11 | x |
| 2020-12-31 | CN¥1.34 | CN¥9.11 | x |
| 2021-12-31 | CN¥1.56 | CN¥9.11 | x |
| 2022-12-31 | CN¥1.55 | CN¥9.11 | x |
| 2023-12-31 | CN¥2.58 | CN¥9.11 | x |
| 2024-12-31 | CN¥2.11 | CN¥9.11 | x |
| 2025-12-31 | CN¥2.16 | CN¥9.11 | 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): 0.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.98%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.04x
- Recent ROE (0.97%) is below the historical average (7.64%), 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% | 60.57% | 0.08x | 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 |
| 2025 | 0.97% | 7.98% | 0.12x | 1.04x | CN¥-236.09 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: $2,280,210,175
- Average return on equity (ROE) among peers: 15.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinzi Ham Co Ltd (002515) | CN¥2.63 Billion | 43.67% | 0.04x | $1.61 Billion |
| Shenzhen Agricultural Products Co Ltd (000061) | $7.09 Billion | 4.45% | 1.74x | $1.76 Billion |
| Maiquer Group Co Ltd (002719) | $264.87 Million | 22.69% | 0.61x | $187.29 Million |
| Pinlive Foods Co Ltd (300892) | $239.44 Million | 32.61% | 1.75x | $316.08 Million |
| Zhe Jiang Dong Ri Ltd Co (600113) | $1.52 Billion | 2.30% | 0.28x | $2.19 Billion |
About Jinzi Ham Co Ltd
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