Baiyang Aquatic Group Inc

SHE:002696 China Packaged Foods
Market Cap
$350.74 Million
CN¥2.57 Billion CNY
Market Cap Rank
#15331 Global
#4088 in China
Share Price
CN¥7.43
Change (1 day)
-3.76%
52-Week Range
CN¥4.73 - CN¥7.91
All Time High
CN¥15.38
Categories
Companies in China Packaged Foods
About

Baiyang Investment Group, Inc., together with its subsidiaries, operates in the aquaculture industry in China. The company is involved in feed and feed raw materials, aquatic product processing, biological product, ocean fishing, and processing business, as well as aquatic research and development, aquatic fry breeding, feedstuff production, fish farming, and gelatine and other biological product… Read more

Baiyang Aquatic Group Inc (002696) - Net Assets

Latest net assets as of June 2025: CN¥1.46 Billion CNY

Based on the latest financial reports, Baiyang Aquatic Group Inc (002696) has net assets worth CN¥1.46 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.64 Billion) and total liabilities (CN¥2.19 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¥1.46 Billion
% of Total Assets 39.98%
Annual Growth Rate 14.99%
5-Year Change 0.55%
10-Year Change 33.22%
Growth Volatility 50.06

Baiyang Aquatic Group Inc - Net Assets Trend (2009–2024)

This chart illustrates how Baiyang Aquatic Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Baiyang Aquatic Group Inc (2009–2024)

The table below shows the annual net assets of Baiyang Aquatic Group Inc from 2009 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.43 Billion -4.53%
2023-12-31 CN¥1.49 Billion -1.54%
2022-12-31 CN¥1.52 Billion +4.67%
2021-12-31 CN¥1.45 Billion +2.19%
2020-12-31 CN¥1.42 Billion +1.04%
2019-12-31 CN¥1.40 Billion -39.21%
2018-12-31 CN¥2.31 Billion +0.26%
2017-12-31 CN¥2.30 Billion +105.18%
2016-12-31 CN¥1.12 Billion +4.85%
2015-12-31 CN¥1.07 Billion +7.50%
2014-12-31 CN¥995.10 Million +5.57%
2013-12-31 CN¥942.63 Million +3.24%
2012-12-31 CN¥913.06 Million +165.65%
2011-12-31 CN¥343.70 Million +15.63%
2010-12-31 CN¥297.25 Million +69.61%
2009-12-31 CN¥175.25 Million --

Equity Component Analysis

This analysis shows how different components contribute to Baiyang Aquatic Group Inc'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 111.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥189.76 Million 14.26%
Other Components CN¥1.14 Billion 85.74%
Total Equity CN¥1.33 Billion 100.00%

Baiyang Aquatic Group Inc Competitors by Market Cap

The table below lists competitors of Baiyang Aquatic Group Inc ranked by their market capitalization.

Company Market Cap
Tongdao Liepin Group
PINK:TGDLF
 		$189.20 Million
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
 		$189.21 Million
ANTELOPUS SELAN ENRGY LTD
NSE:ANTELOPUS
 		$189.22 Million
RKICF
PINK:RKICF
 		$189.25 Million
WEBTOON Entertainment Inc. Common stock
NASDAQ:WBTN
 		$189.11 Million
Ambassador Hotel Ltd
TW:2704
 		$189.03 Million
Zaptec AS
OL:ZAP
 		$189.03 Million
Alfen Beheer BV
AS:ALFEN
 		$189.01 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Baiyang Aquatic Group Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,399,873,220 to 1,330,278,741, a change of -69,594,479 (-5.0%).
  • Net loss of 15,254,206 reduced equity.
  • Dividend payments of 35,921,907 reduced retained earnings.
  • Other factors decreased equity by 18,418,366.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-15.25 Million -1.15%
Dividends Paid CN¥35.92 Million -2.7%
Other Changes CN¥-18.42 Million -1.38%
Total Change CN¥- -4.97%

Book Value vs Market Value Analysis

This analysis compares Baiyang Aquatic Group Inc'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: 1.93x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 1.33x to 1.93x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥5.57 CN¥7.43 x
2018-12-31 CN¥5.51 CN¥7.43 x
2019-12-31 CN¥3.80 CN¥7.43 x
2020-12-31 CN¥3.83 CN¥7.43 x
2021-12-31 CN¥3.91 CN¥7.43 x
2022-12-31 CN¥4.09 CN¥7.43 x
2023-12-31 CN¥4.04 CN¥7.43 x
2024-12-31 CN¥3.84 CN¥7.43 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Baiyang Aquatic Group Inc 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): -1.15%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.50%
  • • Asset Turnover: 1.00x
  • • Equity Multiplier: 2.31x
  • Recent ROE (-1.15%) is below the historical average (5.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 22.97% 8.36% 1.29x 2.14x CN¥21.21 Million
2010 18.00% 6.01% 1.46x 2.06x CN¥20.57 Million
2011 20.62% 6.40% 1.56x 2.06x CN¥33.38 Million
2012 9.55% 7.23% 0.95x 1.40x CN¥-3.98 Million
2013 6.24% 4.21% 1.01x 1.47x CN¥-34.31 Million
2014 5.93% 3.17% 1.04x 1.80x CN¥-38.66 Million
2015 5.82% 3.06% 0.99x 1.92x CN¥-41.06 Million
2016 5.79% 2.86% 1.08x 1.87x CN¥-43.04 Million
2017 5.14% 4.73% 0.67x 1.63x CN¥-106.90 Million
2018 2.63% 1.82% 0.84x 1.71x CN¥-160.54 Million
2019 -21.51% -10.05% 0.96x 2.23x CN¥-418.49 Million
2020 1.66% 0.90% 0.89x 2.08x CN¥-111.56 Million
2021 1.97% 0.92% 1.06x 2.00x CN¥-109.68 Million
2022 4.37% 1.94% 1.11x 2.02x CN¥-80.41 Million
2023 -1.97% -1.01% 0.91x 2.12x CN¥-167.58 Million
2024 -1.15% -0.50% 1.00x 2.31x CN¥-148.28 Million

Industry Comparison

This section compares Baiyang Aquatic Group Inc's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,496,572,190
  • Average return on equity (ROE) among peers: -3.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Baiyang Aquatic Group Inc (002696) CN¥1.46 Billion 22.97% 1.50x $189.20 Million
Xiwang Foodstuffs Co Ltd (000639) $65.61 Million -62.17% 1.91x $345.26 Million
Nanfang Black Sesame Group Co Ltd (000716) $199.49 Million -32.62% 2.81x $346.21 Million
CNFC Overseas Fishery Co Ltd (000798) $727.64 Million 8.49% 0.27x $430.25 Million
Henan Shuanghui Investment & Development Co Ltd (000895) $16.36 Billion 24.69% 0.34x $3.98 Billion
Xinjiang Chalkis Co Ltd (000972) $760.28 Million -33.42% 2.17x $202.97 Million
Zhengzhou Qianweiyangchu Food Co Ltd (001215) $332.95 Million 17.62% 0.88x $266.09 Million
Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) $1.35 Billion 9.31% 0.15x $160.97 Million
Guangdong Yuehai Feeds Group Co.Ltd. (001313) $2.07 Billion 7.87% 0.47x $169.20 Million
Shandong Oriental Ocean Sci-Tech Co Ltd (002086) $393.72 Million 8.08% 0.70x $460.31 Million
Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) $2.70 Billion 14.52% 0.66x $903.18 Million