Shandong Longda Meat Foodstuff Co Ltd (002726) - Net Assets
Based on the latest financial reports, Shandong Longda Meat Foodstuff Co Ltd (002726) has net assets worth CN¥689.72 Million CNY (≈ $100.93 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¥4.54 Billion ≈ $663.63 Million USD) and total liabilities (CN¥3.85 Billion ≈ $562.70 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. Also explore 002726 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥689.72 Million |
| % of Total Assets | 15.21% |
| Annual Growth Rate | 1.72% |
| 5-Year Change | -79.63% |
| 10-Year Change | -62.62% |
| Growth Volatility | 29.09 |
Shandong Longda Meat Foodstuff Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Shandong Longda Meat Foodstuff Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 002726 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shandong Longda Meat Foodstuff Co Ltd (2009–2025)
The table below shows the annual net assets of Shandong Longda Meat Foodstuff Co Ltd from 2009 to 2025. For live valuation and market cap data, see Shandong Longda Meat Foodstuff Co Ltd (002726) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥690.65 Million ≈ $101.06 Million |
-58.43% |
| 2024-12-31 | CN¥1.66 Billion ≈ $243.10 Million |
+0.26% |
| 2023-12-31 | CN¥1.66 Billion ≈ $242.47 Million |
-52.71% |
| 2022-12-31 | CN¥3.50 Billion ≈ $512.70 Million |
+3.34% |
| 2021-12-31 | CN¥3.39 Billion ≈ $496.14 Million |
-8.25% |
| 2020-12-31 | CN¥3.70 Billion ≈ $540.75 Million |
+44.16% |
| 2019-12-31 | CN¥2.56 Billion ≈ $375.10 Million |
+13.95% |
| 2018-12-31 | CN¥2.25 Billion ≈ $329.17 Million |
+10.74% |
| 2017-12-31 | CN¥2.03 Billion ≈ $297.25 Million |
+9.96% |
| 2016-12-31 | CN¥1.85 Billion ≈ $270.33 Million |
+13.60% |
| 2015-12-31 | CN¥1.63 Billion ≈ $237.97 Million |
+7.36% |
| 2014-12-31 | CN¥1.51 Billion ≈ $221.64 Million |
+62.30% |
| 2013-12-31 | CN¥933.23 Million ≈ $136.56 Million |
+9.84% |
| 2012-12-31 | CN¥849.62 Million ≈ $124.33 Million |
+3.39% |
| 2011-12-31 | CN¥821.78 Million ≈ $120.25 Million |
+16.49% |
| 2010-12-31 | CN¥705.45 Million ≈ $103.23 Million |
+34.13% |
| 2009-12-31 | CN¥525.94 Million ≈ $76.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Longda Meat Foodstuff 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 832.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.90 Billion | 315.89% |
| Total Equity | CN¥603.03 Million | 100.00% |
Shandong Longda Meat Foodstuff Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Longda Meat Foodstuff Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fullink Technology Co. LTD.
SHE:301067
|
$349.17 Million |
|
Jiangyin Pivot Automotive Products Co. Ltd.
SHE:301181
|
$349.30 Million |
|
Chin Hin Group Property Bhd
KLSE:7187
|
$349.32 Million |
|
Chemung Financial Corp
NASDAQ:CHMG
|
$349.46 Million |
|
Nanjing TDH Technology Co. Ltd. A
SHE:301378
|
$348.87 Million |
|
Dimed S.A. Distribuidora de Medicamentos
SA:PNVL3
|
$348.85 Million |
|
Integrated Diagnostics Holdings PLC
LSE:IDHC
|
$348.80 Million |
|
Alantra Partners S.A.
MC:ALNT
|
$348.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Longda Meat Foodstuff Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,503,284,266 to 603,027,037, a change of -900,257,229 (-59.9%).
- Net loss of 735,708,184 reduced equity.
- Dividend payments of 73,641,926 reduced retained earnings.
- Other factors decreased equity by 90,907,119.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-735.71 Million | -122.0% |
| Dividends Paid | CN¥73.64 Million | -12.21% |
| Other Changes | CN¥-90.91 Million | -15.08% |
| Total Change | CN¥- | -59.89% |
Book Value vs Market Value Analysis
This analysis compares Shandong Longda Meat Foodstuff 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: 3.95x
- 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 increased from 2.41x to 3.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.92 | CN¥2.21 | x |
| 2010-12-31 | CN¥0.95 | CN¥2.21 | x |
| 2011-12-31 | CN¥1.10 | CN¥2.21 | x |
| 2012-12-31 | CN¥1.12 | CN¥2.21 | x |
| 2013-12-31 | CN¥1.24 | CN¥2.21 | x |
| 2014-12-31 | CN¥1.75 | CN¥2.21 | x |
| 2015-12-31 | CN¥1.63 | CN¥2.21 | x |
| 2016-12-31 | CN¥1.82 | CN¥2.21 | x |
| 2017-12-31 | CN¥1.96 | CN¥2.21 | x |
| 2018-12-31 | CN¥2.11 | CN¥2.21 | x |
| 2019-12-31 | CN¥2.31 | CN¥2.21 | x |
| 2020-12-31 | CN¥3.03 | CN¥2.21 | x |
| 2021-12-31 | CN¥3.14 | CN¥2.21 | x |
| 2022-12-31 | CN¥3.08 | CN¥2.21 | x |
| 2023-12-31 | CN¥1.38 | CN¥2.21 | x |
| 2024-12-31 | CN¥1.39 | CN¥2.21 | x |
| 2025-12-31 | CN¥0.56 | CN¥2.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Longda Meat Foodstuff 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): -122.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.34%
- • Asset Turnover: 2.08x
- • Equity Multiplier: 8.00x
- Recent ROE (-122.00%) is below the historical average (-5.04%), 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 | 17.00% | 5.74% | 2.04x | 1.45x | CN¥34.90 Million |
| 2010 | 15.98% | 5.28% | 2.23x | 1.36x | CN¥40.22 Million |
| 2011 | 14.84% | 5.41% | 2.22x | 1.23x | CN¥38.25 Million |
| 2012 | 13.09% | 4.20% | 2.46x | 1.26x | CN¥25.18 Million |
| 2013 | 13.00% | 3.70% | 2.55x | 1.38x | CN¥26.95 Million |
| 2014 | 6.99% | 2.89% | 2.04x | 1.19x | CN¥-43.99 Million |
| 2015 | 7.49% | 2.71% | 2.21x | 1.25x | CN¥-38.83 Million |
| 2016 | 13.18% | 4.27% | 2.37x | 1.30x | CN¥56.15 Million |
| 2017 | 9.75% | 2.86% | 2.58x | 1.32x | CN¥-4.87 Million |
| 2018 | 8.40% | 2.02% | 2.34x | 1.78x | CN¥-33.73 Million |
| 2019 | 10.37% | 1.43% | 2.66x | 2.72x | CN¥8.65 Million |
| 2020 | 26.75% | 3.76% | 2.82x | 2.53x | CN¥567.22 Million |
| 2021 | -20.36% | -3.38% | 2.37x | 2.55x | CN¥-982.06 Million |
| 2022 | 2.27% | 0.47% | 2.02x | 2.40x | CN¥-256.65 Million |
| 2023 | -103.80% | -11.55% | 2.11x | 4.26x | CN¥-1.69 Billion |
| 2024 | 1.44% | 0.20% | 1.87x | 3.91x | CN¥-128.71 Million |
| 2025 | -122.00% | -7.34% | 2.08x | 8.00x | CN¥-796.01 Million |
Industry Comparison
This section compares Shandong Longda Meat Foodstuff Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,424,998,655
- Average return on equity (ROE) among peers: 3.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Longda Meat Foodstuff Co Ltd (002726) | CN¥689.72 Million | 17.00% | 5.58x | $349.00 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $219.99 Million | -3.09% | 0.98x | $995.47 Million |
| Hainan Pearl River Holdings Co Ltd (000505) | $2.99 Billion | 4.46% | 0.75x | $551.18 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.77 Billion | -70.00% | 1.48x | $249.57 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.81 Billion | 2.87% | 0.29x | $521.11 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $272.30 Million | 36.10% | 1.40x | $435.25 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $4.61 Billion | 23.64% | 0.55x | $13.28 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $767.56 Million | 1.47% | 1.57x | $380.35 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $274.27 Million | 16.98% | 0.48x | $458.38 Million |
| Qingdao Foods Co Ltd (001219) | $419.84 Million | 17.90% | 0.18x | $358.08 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.11 Billion | 4.98% | 0.47x | $536.05 Million |
About Shandong Longda Meat Foodstuff Co Ltd
Shandong Longda Meishi Co., Ltd. operates as a meat processing company in China. The company operates through slaughtering and aquaculture sectors.It is involved in pig slaughtering and fresh and frozen meat processing; breeding business; and provision of food safety testing services. It offers ingredients; and semi-finished and finished dishes. The also exports its products to Japan. The company… Read more