Shanghai Bairun Flavor & Fragrance Co Ltd (002568) - Net Assets
Based on the latest financial reports, Shanghai Bairun Flavor & Fragrance Co Ltd (002568) has net assets worth CN¥4.88 Billion CNY (≈ $714.71 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¥8.37 Billion ≈ $1.22 Billion USD) and total liabilities (CN¥3.49 Billion ≈ $510.12 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 002568 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.88 Billion |
| % of Total Assets | 58.35% |
| Annual Growth Rate | 30.06% |
| 5-Year Change | 45.94% |
| 10-Year Change | 371.43% |
| Growth Volatility | 97.69 |
Shanghai Bairun Flavor & Fragrance Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Shanghai Bairun Flavor & Fragrance Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Bairun Flavor & Fragrance Co Lt (002568) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Bairun Flavor & Fragrance Co Ltd (2008–2024)
The table below shows the annual net assets of Shanghai Bairun Flavor & Fragrance Co Ltd from 2008 to 2024. For live valuation and market cap data, see Shanghai Bairun Flavor & Fragrance Co Lt stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.70 Billion ≈ $687.31 Million |
+16.16% |
| 2023-12-31 | CN¥4.04 Billion ≈ $591.69 Million |
+7.36% |
| 2022-12-31 | CN¥3.77 Billion ≈ $551.14 Million |
-0.66% |
| 2021-12-31 | CN¥3.79 Billion ≈ $554.78 Million |
+17.80% |
| 2020-12-31 | CN¥3.22 Billion ≈ $470.95 Million |
+60.66% |
| 2019-12-31 | CN¥2.00 Billion ≈ $293.13 Million |
+4.15% |
| 2018-12-31 | CN¥1.92 Billion ≈ $281.46 Million |
+7.92% |
| 2017-12-31 | CN¥1.78 Billion ≈ $260.80 Million |
+11.42% |
| 2016-12-31 | CN¥1.60 Billion ≈ $234.07 Million |
+60.55% |
| 2015-12-31 | CN¥996.33 Million ≈ $145.79 Million |
+53.51% |
| 2014-12-31 | CN¥649.02 Million ≈ $94.97 Million |
+1.41% |
| 2013-12-31 | CN¥640.01 Million ≈ $93.65 Million |
+0.29% |
| 2012-12-31 | CN¥638.14 Million ≈ $93.38 Million |
+4.76% |
| 2011-12-31 | CN¥609.15 Million ≈ $89.14 Million |
+414.13% |
| 2010-12-31 | CN¥118.48 Million ≈ $17.34 Million |
+12.25% |
| 2009-12-31 | CN¥105.56 Million ≈ $15.45 Million |
+50.60% |
| 2008-12-31 | CN¥70.09 Million ≈ $10.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Bairun Flavor & Fragrance 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 23623.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.70 Billion | 36.21% |
| Common Stock | CN¥1.05 Billion | 22.39% |
| Other Comprehensive Income | CN¥637.59 Million | 13.60% |
| Other Components | CN¥1.30 Billion | 27.79% |
| Total Equity | CN¥4.69 Billion | 100.00% |
Shanghai Bairun Flavor & Fragrance Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Bairun Flavor & Fragrance Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Himadri Speciality Chemical Limited
NSE:HSCL
|
$2.93 Billion |
|
Joincare Pharmaceutical Group Industry Co Ltd
SHG:600380
|
$2.93 Billion |
|
Vapores
SN:VAPORES
|
$2.93 Billion |
|
Western Union Co
NYSE:WU
|
$2.93 Billion |
|
Becle S.A.B. de C.V
MX:CUERVO
|
$2.92 Billion |
|
Provident Financial Services Inc
NYSE:PFS
|
$2.92 Billion |
|
Solusi Tunas Pratama Tbk
JK:SUPR
|
$2.92 Billion |
|
FIBI Holdings Ltd
TA:FIBIH
|
$2.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Bairun Flavor & Fragrance Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,043,956,836 to 4,686,721,541, a change of 642,764,705 (15.9%).
- Net income of 719,142,385 contributed positively to equity growth.
- Dividend payments of 255,600 reduced retained earnings.
- Share repurchases of 88,268,307 reduced equity.
- Other comprehensive income increased equity by 637,588,155.
- Other factors decreased equity by 625,441,928.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥719.14 Million | +15.34% |
| Dividends Paid | CN¥255.60K | -0.01% |
| Share Repurchases | CN¥88.27 Million | -1.88% |
| Other Comprehensive Income | CN¥637.59 Million | +13.6% |
| Other Changes | CN¥-625.44 Million | -13.34% |
| Total Change | CN¥- | 15.89% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Bairun Flavor & Fragrance 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: 4.24x
- 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 126.46x to 4.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.15 | CN¥19.06 | x |
| 2009-12-31 | CN¥0.22 | CN¥19.06 | x |
| 2010-12-31 | CN¥0.25 | CN¥19.06 | x |
| 2011-12-31 | CN¥1.04 | CN¥19.06 | x |
| 2012-12-31 | CN¥1.01 | CN¥19.06 | x |
| 2013-12-31 | CN¥1.01 | CN¥19.06 | x |
| 2014-12-31 | CN¥0.37 | CN¥19.06 | x |
| 2015-12-31 | CN¥0.57 | CN¥19.06 | x |
| 2016-12-31 | CN¥0.89 | CN¥19.06 | x |
| 2017-12-31 | CN¥1.10 | CN¥19.06 | x |
| 2018-12-31 | CN¥1.58 | CN¥19.06 | x |
| 2019-12-31 | CN¥1.97 | CN¥19.06 | x |
| 2020-12-31 | CN¥3.07 | CN¥19.06 | x |
| 2021-12-31 | CN¥3.62 | CN¥19.06 | x |
| 2022-12-31 | CN¥3.62 | CN¥19.06 | x |
| 2023-12-31 | CN¥3.90 | CN¥19.06 | x |
| 2024-12-31 | CN¥4.50 | CN¥19.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Bairun Flavor & Fragrance 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): 15.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.59%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.73x
- Recent ROE (15.34%) is below the historical average (19.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 27.93% | 22.70% | 0.73x | 1.68x | CN¥12.57 Million |
| 2009 | 33.60% | 39.12% | 0.79x | 1.08x | CN¥24.91 Million |
| 2010 | 36.23% | 39.43% | 0.62x | 1.48x | CN¥31.08 Million |
| 2011 | 7.63% | 39.41% | 0.19x | 1.02x | CN¥-14.43 Million |
| 2012 | 12.06% | 46.88% | 0.25x | 1.02x | CN¥13.17 Million |
| 2013 | 6.54% | 32.60% | 0.20x | 1.02x | CN¥-22.13 Million |
| 2014 | 44.20% | 25.29% | 1.70x | 1.03x | CN¥221.98 Million |
| 2015 | 50.20% | 21.27% | 1.29x | 1.83x | CN¥400.56 Million |
| 2016 | -9.19% | -15.89% | 0.38x | 1.53x | CN¥-306.98 Million |
| 2017 | 10.25% | 15.59% | 0.51x | 1.30x | CN¥4.42 Million |
| 2018 | 6.44% | 10.06% | 0.51x | 1.26x | CN¥-68.36 Million |
| 2019 | 15.01% | 20.45% | 0.57x | 1.28x | CN¥100.22 Million |
| 2020 | 16.65% | 27.79% | 0.50x | 1.21x | CN¥213.88 Million |
| 2021 | 17.57% | 25.67% | 0.46x | 1.49x | CN¥286.99 Million |
| 2022 | 13.85% | 20.10% | 0.40x | 1.72x | CN¥144.87 Million |
| 2023 | 20.02% | 24.80% | 0.46x | 1.76x | CN¥405.02 Million |
| 2024 | 15.34% | 23.59% | 0.38x | 1.73x | CN¥250.47 Million |
Industry Comparison
This section compares Shanghai Bairun Flavor & Fragrance Co Ltd's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $6,676,495,806
- Average return on equity (ROE) among peers: 21.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | CN¥4.88 Billion | 27.93% | 0.71x | $2.92 Billion |
| Luzhou Lao Jiao Co Ltd (000568) | $1.17 Billion | 10.94% | 0.56x | $21.56 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $810.34 Million | 0.63% | 0.65x | $6.41 Billion |
| Jiugui Liquor Co Ltd (000799) | $88.47 Million | 77.39% | 2.20x | $2.03 Billion |
| Wuliangye Yibin Co Ltd (000858) | $18.37 Billion | 23.93% | 0.56x | $55.14 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $2.80 Billion | 9.49% | 2.55x | $1.38 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $9.18 Billion | 11.24% | 0.37x | $1.30 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $26.04 Billion | 22.38% | 0.49x | $10.85 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $453.90 Million | 29.86% | 0.56x | $567.18 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $1.19 Billion | 3.96% | 0.32x | $1.01 Billion |
About Shanghai Bairun Flavor & Fragrance Co Ltd
Shanghai Bairun Investment Holding Group Co., Ltd. engages in the research and development, production, and sale of ready-to-drink cocktails under the RIO brand primarily in China. It also offers flavors and fragrances for use in fruit juice drinks, ice cream, dairy products, baked food, and other fields under the BAIRUN brand; and spirits, such as whisky, vodka, and gin under the Laizhou and Bai… Read more