Shenzhen Jinxinnong Feed Co Ltd
Shenzhen Kingsino Technology Co.,Ltd. engages in the processing, production, and sale of feed in China. The company also engages in the farming and breeding of pigs; provides technologies related to piglet nutrition trades in raw material related to feed production; and produces and sells animal health products and veterinary drugs, functional feed additives, and aquaculture environment water qua… Read more
Shenzhen Jinxinnong Feed Co Ltd (002548) - Net Assets
Latest net assets as of September 2025: CN¥1.48 Billion CNY
Based on the latest financial reports, Shenzhen Jinxinnong Feed Co Ltd (002548) has net assets worth CN¥1.48 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¥5.45 Billion) and total liabilities (CN¥3.97 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¥1.48 Billion |
| % of Total Assets | 27.14% |
| Annual Growth Rate | 21.29% |
| 5-Year Change | -47.59% |
| 10-Year Change | -3.2% |
| Growth Volatility | 70.81 |
Shenzhen Jinxinnong Feed Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Jinxinnong Feed 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 Shenzhen Jinxinnong Feed Co Ltd (2007–2024)
The table below shows the annual net assets of Shenzhen Jinxinnong Feed Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.60 Billion | +3.28% |
| 2023-12-31 | CN¥1.55 Billion | -28.85% |
| 2022-12-31 | CN¥2.18 Billion | +68.81% |
| 2021-12-31 | CN¥1.29 Billion | -57.75% |
| 2020-12-31 | CN¥3.06 Billion | +49.16% |
| 2019-12-31 | CN¥2.05 Billion | +36.71% |
| 2018-12-31 | CN¥1.50 Billion | -19.68% |
| 2017-12-31 | CN¥1.87 Billion | -4.52% |
| 2016-12-31 | CN¥1.96 Billion | +18.11% |
| 2015-12-31 | CN¥1.66 Billion | +99.76% |
| 2014-12-31 | CN¥828.99 Million | +0.91% |
| 2013-12-31 | CN¥821.55 Million | +0.06% |
| 2012-12-31 | CN¥821.09 Million | +3.21% |
| 2011-12-31 | CN¥795.59 Million | +264.87% |
| 2010-12-31 | CN¥218.05 Million | +25.79% |
| 2009-12-31 | CN¥173.35 Million | +40.83% |
| 2008-12-31 | CN¥123.09 Million | +104.52% |
| 2007-12-31 | CN¥60.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Jinxinnong Feed 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 decreased by 2716.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥805.09 Million | 53.16% |
| Other Components | CN¥2.09 Billion | 137.80% |
| Total Equity | CN¥1.51 Billion | 100.00% |
Shenzhen Jinxinnong Feed Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Jinxinnong Feed Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
B Treasury Capital AB
ST:BTC-B
|
$98.34K |
|
CASTELLUM - Dusseldorf Stock Exchang
DU:TEX
|
$98.35K |
|
FAURECIA (FAU.SG)
STU:FAU
|
$98.37K |
|
BlackRock Credit Allocation Income Trust
NYSE:BTZ
|
$98.42K |
|
Cho Bi Co. Ltd.
KQ:001550
|
$98.28K |
|
Social Commerce Partners Corporation Unit
NASDAQ:SCPQU
|
$98.21K |
|
ALCHIMIE EO 1-
F:922
|
$98.16K |
|
Alchimie Sa
PA:ALCHI
|
$98.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Jinxinnong Feed Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,480,745,000 to 1,514,457,000, a change of 33,712,000 (2.3%).
- Net income of 30,158,000 contributed positively to equity growth.
- Dividend payments of 123,544,000 reduced retained earnings.
- Other comprehensive income decreased equity by 37,657,259.
- Other factors increased equity by 164,755,259.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.16 Million | +1.99% |
| Dividends Paid | CN¥123.54 Million | -8.16% |
| Other Comprehensive Income | CN¥-37.66 Million | -2.49% |
| Other Changes | CN¥164.76 Million | +10.88% |
| Total Change | CN¥- | 2.28% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Jinxinnong Feed 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: 3.22x
- 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 30.72x to 3.22x 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¥0.20 | CN¥6.06 | x |
| 2008-12-31 | CN¥0.38 | CN¥6.06 | x |
| 2009-12-31 | CN¥0.54 | CN¥6.06 | x |
| 2010-12-31 | CN¥0.68 | CN¥6.06 | x |
| 2011-12-31 | CN¥2.02 | CN¥6.06 | x |
| 2012-12-31 | CN¥1.99 | CN¥6.06 | x |
| 2013-12-31 | CN¥2.06 | CN¥6.06 | x |
| 2014-12-31 | CN¥2.04 | CN¥6.06 | x |
| 2015-12-31 | CN¥3.80 | CN¥6.06 | x |
| 2016-12-31 | CN¥3.36 | CN¥6.06 | x |
| 2017-12-31 | CN¥3.35 | CN¥6.06 | x |
| 2018-12-31 | CN¥2.32 | CN¥6.06 | x |
| 2019-12-31 | CN¥3.37 | CN¥6.06 | x |
| 2020-12-31 | CN¥4.80 | CN¥6.06 | x |
| 2021-12-31 | CN¥2.72 | CN¥6.06 | x |
| 2022-12-31 | CN¥3.22 | CN¥6.06 | x |
| 2023-12-31 | CN¥1.88 | CN¥6.06 | x |
| 2024-12-31 | CN¥1.88 | CN¥6.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Jinxinnong Feed 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): 1.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.66%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 3.57x
- Recent ROE (1.99%) is below the historical average (4.75%), 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 | 36.63% | 3.83% | 4.58x | 2.09x | CN¥16.03 Million |
| 2008 | 43.68% | 5.59% | 4.52x | 1.73x | CN¥38.99 Million |
| 2009 | 36.13% | 5.53% | 3.56x | 1.83x | CN¥42.21 Million |
| 2010 | 27.41% | 4.90% | 3.18x | 1.76x | CN¥35.76 Million |
| 2011 | 7.35% | 3.84% | 1.62x | 1.18x | CN¥-20.70 Million |
| 2012 | 6.69% | 3.05% | 1.84x | 1.19x | CN¥-26.66 Million |
| 2013 | 5.23% | 2.12% | 1.97x | 1.25x | CN¥-38.42 Million |
| 2014 | 7.53% | 3.07% | 1.99x | 1.23x | CN¥-19.98 Million |
| 2015 | 6.69% | 4.13% | 1.03x | 1.58x | CN¥-51.30 Million |
| 2016 | 9.62% | 5.75% | 0.81x | 2.06x | CN¥-6.22 Million |
| 2017 | 4.14% | 2.21% | 0.87x | 2.15x | CN¥-95.95 Million |
| 2018 | -22.22% | -10.25% | 0.69x | 3.14x | CN¥-416.40 Million |
| 2019 | 7.66% | 5.86% | 0.58x | 2.26x | CN¥-43.03 Million |
| 2020 | 5.00% | 3.25% | 0.66x | 2.33x | CN¥-132.19 Million |
| 2021 | -54.45% | -20.39% | 0.83x | 3.21x | CN¥-1.17 Billion |
| 2022 | 0.93% | 0.50% | 0.57x | 3.28x | CN¥-193.18 Million |
| 2023 | -44.56% | -16.33% | 0.68x | 4.04x | CN¥-807.94 Million |
| 2024 | 1.99% | 0.66% | 0.84x | 3.57x | CN¥-121.29 Million |
Industry Comparison
This section compares Shenzhen Jinxinnong Feed Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,271,150,340
- Average return on equity (ROE) among peers: 17.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Jinxinnong Feed Co Ltd (002548) | CN¥1.48 Billion | 36.63% | 2.68x | $98.31K |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $296.34 Million | 13.18% | 0.58x | $322.05 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $135.06 Million | 5.79% | 0.97x | $334.27 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.74 Billion | 8.58% | 0.63x | $341.35 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $655.17 Million | 3.96% | 0.09x | $419.13 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.19 Billion | 12.06% | 0.42x | $3.99 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $425.35 Million | 6.38% | 1.44x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.82 Billion | 4.59% | 0.27x | $263.05 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.25 Billion | 12.64% | 0.11x | $161.52 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.57 Billion | -3.32% | 0.86x | $168.08 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.63 Billion | 107.55% | 0.66x | $445.69 Million |