Beingmate Baby & Child Food Co Ltd (002570) - Net Assets
Based on the latest financial reports, Beingmate Baby & Child Food Co Ltd (002570) has net assets worth CN¥1.78 Billion CNY (≈ $260.42 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¥4.04 Billion ≈ $591.07 Million USD) and total liabilities (CN¥2.26 Billion ≈ $330.65 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 Beingmate Baby & Child Food Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.78 Billion |
| % of Total Assets | 44.06% |
| Annual Growth Rate | 11.02% |
| 5-Year Change | 7.82% |
| 10-Year Change | -55.72% |
| Growth Volatility | 57.09 |
Beingmate Baby & Child Food Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Beingmate Baby & Child Food Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beingmate Baby & Child Food Co Ltd (002570) total assets for the complete picture of this company's asset base.
Annual Net Assets for Beingmate Baby & Child Food Co Ltd (2007–2024)
The table below shows the annual net assets of Beingmate Baby & Child Food Co Ltd from 2007 to 2024. For live valuation and market cap data, see market cap of Beingmate Baby & Child Food Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.62 Billion ≈ $237.58 Million |
-1.12% |
| 2023-12-31 | CN¥1.64 Billion ≈ $240.27 Million |
+3.20% |
| 2022-12-31 | CN¥1.59 Billion ≈ $232.83 Million |
-13.37% |
| 2021-12-31 | CN¥1.84 Billion ≈ $268.77 Million |
+21.98% |
| 2020-12-31 | CN¥1.51 Billion ≈ $220.35 Million |
-12.93% |
| 2019-12-31 | CN¥1.73 Billion ≈ $253.06 Million |
-6.39% |
| 2018-12-31 | CN¥1.85 Billion ≈ $270.35 Million |
-1.89% |
| 2017-12-31 | CN¥1.88 Billion ≈ $275.56 Million |
-35.22% |
| 2016-12-31 | CN¥2.91 Billion ≈ $425.37 Million |
-20.72% |
| 2015-12-31 | CN¥3.67 Billion ≈ $536.55 Million |
+2.70% |
| 2014-12-31 | CN¥3.57 Billion ≈ $522.44 Million |
-8.76% |
| 2013-12-31 | CN¥3.91 Billion ≈ $572.60 Million |
+15.21% |
| 2012-12-31 | CN¥3.40 Billion ≈ $496.99 Million |
+6.63% |
| 2011-12-31 | CN¥3.19 Billion ≈ $466.09 Million |
+188.42% |
| 2010-12-31 | CN¥1.10 Billion ≈ $161.60 Million |
+41.99% |
| 2009-12-31 | CN¥777.77 Million ≈ $113.81 Million |
+148.04% |
| 2008-12-31 | CN¥313.57 Million ≈ $45.89 Million |
+14.17% |
| 2007-12-31 | CN¥274.65 Million ≈ $40.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beingmate Baby & Child Food 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 9443.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.08 Billion | 68.98% |
| Other Comprehensive Income | CN¥18.66 Million | 1.19% |
| Other Components | CN¥1.43 Billion | 91.52% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Beingmate Baby & Child Food Co Ltd Competitors by Market Cap
The table below lists competitors of Beingmate Baby & Child Food Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSBC Corp Taiwan
TW:2208
|
$795.07 Million |
|
Scope Metals Group Ltd
TA:SCOP
|
$795.35 Million |
|
Tejas Networks Limited
NSE:TEJASNET
|
$795.78 Million |
|
Hite Jinro
KO:000080
|
$796.00 Million |
|
Ji'an Mankun Technology Co. Ltd. A
SHE:301132
|
$794.84 Million |
|
STAAR Surgical Company
NASDAQ:STAA
|
$794.79 Million |
|
SAF Holland SA
XETRA:SFQ
|
$794.40 Million |
|
Storytel AB (publ)
ST:STORY-B
|
$794.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beingmate Baby & Child Food Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,590,911,074 to 1,565,669,995, a change of -25,241,079 (-1.6%).
- Net income of 102,935,328 contributed positively to equity growth.
- Dividend payments of 36,949,690 reduced retained earnings.
- Share repurchases of 150,003,005 reduced equity.
- Other comprehensive income increased equity by 15,094,557.
- Other factors increased equity by 43,681,731.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥102.94 Million | +6.57% |
| Dividends Paid | CN¥36.95 Million | -2.36% |
| Share Repurchases | CN¥150.00 Million | -9.58% |
| Other Comprehensive Income | CN¥15.09 Million | +0.96% |
| Other Changes | CN¥43.68 Million | +2.79% |
| Total Change | CN¥- | -1.59% |
Book Value vs Market Value Analysis
This analysis compares Beingmate Baby & Child Food 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: 3.31x
- 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 12.74x to 3.31x 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¥0.39 | CN¥5.03 | x |
| 2008-12-31 | CN¥0.41 | CN¥5.03 | x |
| 2009-12-31 | CN¥1.03 | CN¥5.03 | x |
| 2010-12-31 | CN¥1.20 | CN¥5.03 | x |
| 2011-12-31 | CN¥3.22 | CN¥5.03 | x |
| 2012-12-31 | CN¥3.33 | CN¥5.03 | x |
| 2013-12-31 | CN¥3.85 | CN¥5.03 | x |
| 2014-12-31 | CN¥3.62 | CN¥5.03 | x |
| 2015-12-31 | CN¥3.54 | CN¥5.03 | x |
| 2016-12-31 | CN¥2.81 | CN¥5.03 | x |
| 2017-12-31 | CN¥1.81 | CN¥5.03 | x |
| 2018-12-31 | CN¥1.77 | CN¥5.03 | x |
| 2019-12-31 | CN¥1.64 | CN¥5.03 | x |
| 2020-12-31 | CN¥1.43 | CN¥5.03 | x |
| 2021-12-31 | CN¥1.71 | CN¥5.03 | x |
| 2022-12-31 | CN¥1.40 | CN¥5.03 | x |
| 2023-12-31 | CN¥1.34 | CN¥5.03 | x |
| 2024-12-31 | CN¥1.52 | CN¥5.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beingmate Baby & Child Food 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): 6.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.71%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.58x
- Recent ROE (6.57%) is above the historical average (3.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 10.56% | 2.31% | 0.96x | 4.74x | CN¥1.46 Million |
| 2008 | 31.48% | 5.08% | 1.39x | 4.46x | CN¥67.22 Million |
| 2009 | 42.20% | 10.10% | 1.60x | 2.61x | CN¥250.03 Million |
| 2010 | 38.23% | 10.48% | 1.51x | 2.41x | CN¥311.81 Million |
| 2011 | 13.72% | 9.24% | 1.10x | 1.35x | CN¥118.42 Million |
| 2012 | 15.00% | 9.51% | 1.17x | 1.35x | CN¥169.78 Million |
| 2013 | 18.43% | 11.79% | 1.20x | 1.30x | CN¥329.74 Million |
| 2014 | 1.93% | 1.36% | 1.07x | 1.33x | CN¥-287.73 Million |
| 2015 | 2.83% | 2.29% | 0.85x | 1.45x | CN¥-263.17 Million |
| 2016 | -27.08% | -28.24% | 0.46x | 2.08x | CN¥-1.07 Billion |
| 2017 | -56.77% | -39.73% | 0.53x | 2.72x | CN¥-1.24 Billion |
| 2018 | 2.26% | 1.65% | 0.49x | 2.78x | CN¥-140.53 Million |
| 2019 | -6.11% | -3.70% | 0.64x | 2.59x | CN¥-271.89 Million |
| 2020 | -22.32% | -12.17% | 0.66x | 2.78x | CN¥-469.59 Million |
| 2021 | 4.11% | 2.89% | 0.62x | 2.28x | CN¥-105.27 Million |
| 2022 | -11.44% | -7.01% | 0.65x | 2.52x | CN¥-329.82 Million |
| 2023 | 2.98% | 1.88% | 0.65x | 2.45x | CN¥-111.64 Million |
| 2024 | 6.57% | 3.71% | 0.69x | 2.58x | CN¥-53.63 Million |
Industry Comparison
This section compares Beingmate Baby & Child Food Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $603,020,681
- Average return on equity (ROE) among peers: 8.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beingmate Baby & Child Food Co Ltd (002570) | CN¥1.78 Billion | 10.56% | 1.27x | $794.96 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $1.01 Billion | 7.41% | 0.22x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $581.64 Million | 0.71% | 0.96x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.22 Billion | 9.64% | 0.53x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $138.53 Million | -4.55% | 4.80x | $566.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $272.30 Million | 36.10% | 1.40x | $498.43 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $780.28 Million | 7.22% | 0.51x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $-254.89 Million | 0.00% | 0.00x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $582.34 Million | 13.15% | 0.64x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $273.68 Million | 14.03% | 0.19x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.43 Billion | 2.91% | 0.85x | $587.64 Million |
About Beingmate Baby & Child Food Co Ltd
Beingmate Co., Ltd. researches, develops, produces, and sells children's food and nutritious food products in China. It provides infant formula milk powder, nutritional rice noodles, other complementary food, and nutritional products for infants and young children. Beingmate Co., Ltd. was formerly known as Beingmate Baby & Child Food Co., Ltd. and changed its name to Beingmate Co., Ltd. in Octobe… Read more