Guangdong Yantang Dairy Co Ltd (002732) - Net Assets
Based on the latest financial reports, Guangdong Yantang Dairy Co Ltd (002732) has net assets worth CN¥1.53 Billion CNY (≈ $223.21 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¥2.00 Billion ≈ $291.95 Million USD) and total liabilities (CN¥469.76 Million ≈ $68.74 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 002732 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.53 Billion |
| % of Total Assets | 76.45% |
| Annual Growth Rate | 16.7% |
| 5-Year Change | 39.55% |
| 10-Year Change | 86.18% |
| Growth Volatility | 28.13 |
Guangdong Yantang Dairy Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Guangdong Yantang Dairy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Yantang Dairy Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Yantang Dairy Co Ltd (2011–2024)
The table below shows the annual net assets of Guangdong Yantang Dairy Co Ltd from 2011 to 2024. For live valuation and market cap data, see Guangdong Yantang Dairy Co Ltd (002732) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion ≈ $218.83 Million |
+5.50% |
| 2023-12-31 | CN¥1.42 Billion ≈ $207.41 Million |
+11.33% |
| 2022-12-31 | CN¥1.27 Billion ≈ $186.31 Million |
+5.78% |
| 2021-12-31 | CN¥1.20 Billion ≈ $176.13 Million |
+12.32% |
| 2020-12-31 | CN¥1.07 Billion ≈ $156.81 Million |
+4.38% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.23 Million |
+11.99% |
| 2018-12-31 | CN¥916.66 Million ≈ $134.14 Million |
-5.16% |
| 2017-12-31 | CN¥966.54 Million ≈ $141.44 Million |
+11.48% |
| 2016-12-31 | CN¥866.97 Million ≈ $126.87 Million |
+7.94% |
| 2015-12-31 | CN¥803.19 Million ≈ $117.53 Million |
+8.57% |
| 2014-12-31 | CN¥739.82 Million ≈ $108.26 Million |
+110.30% |
| 2013-12-31 | CN¥351.79 Million ≈ $51.48 Million |
+32.18% |
| 2012-12-31 | CN¥266.15 Million ≈ $38.95 Million |
+32.51% |
| 2011-12-31 | CN¥200.86 Million ≈ $29.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Yantang Dairy 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 1350.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥857.79 Million | 58.16% |
| Common Stock | CN¥157.35 Million | 10.67% |
| Other Components | CN¥459.62 Million | 31.17% |
| Total Equity | CN¥1.47 Billion | 100.00% |
Guangdong Yantang Dairy Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Yantang Dairy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Siamgas and Petrochemicals Public Company Limited
BK:SGP-R
|
$378.08 Million |
|
GeoPark Ltd
NYSE:GPRK
|
$378.18 Million |
|
Jiangsu Sainty Corp Ltd
SHG:600287
|
$378.39 Million |
|
Jiangsu Maysta Chemical Co Ltd
SHG:603041
|
$378.42 Million |
|
Citi Trends Inc
NASDAQ:CTRN
|
$377.96 Million |
|
Talgo SA
MC:TLGO
|
$377.78 Million |
|
HAXC Holdings (Beijing) Co. Ltd.
SHE:300928
|
$377.77 Million |
|
Dalian Friendship Group Co Ltd
SHE:000679
|
$377.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Yantang Dairy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,395,577,000 to 1,474,761,000, a change of 79,184,000 (5.7%).
- Net income of 102,786,000 contributed positively to equity growth.
- Dividend payments of 24,866,000 reduced retained earnings.
- Other comprehensive income decreased equity by 129,422,730.
- Other factors increased equity by 130,686,730.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥102.79 Million | +6.97% |
| Dividends Paid | CN¥24.87 Million | -1.69% |
| Other Comprehensive Income | CN¥-129.42 Million | -8.78% |
| Other Changes | CN¥130.69 Million | +8.86% |
| Total Change | CN¥- | 5.67% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Yantang Dairy 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: 1.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.87x to 1.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.66 | CN¥16.42 | x |
| 2012-12-31 | CN¥2.24 | CN¥16.42 | x |
| 2013-12-31 | CN¥2.81 | CN¥16.42 | x |
| 2014-12-31 | CN¥5.93 | CN¥16.42 | x |
| 2015-12-31 | CN¥4.99 | CN¥16.42 | x |
| 2016-12-31 | CN¥5.38 | CN¥16.42 | x |
| 2017-12-31 | CN¥6.05 | CN¥16.42 | x |
| 2018-12-31 | CN¥5.74 | CN¥16.42 | x |
| 2019-12-31 | CN¥6.39 | CN¥16.42 | x |
| 2020-12-31 | CN¥6.66 | CN¥16.42 | x |
| 2021-12-31 | CN¥7.51 | CN¥16.42 | x |
| 2022-12-31 | CN¥7.94 | CN¥16.42 | x |
| 2023-12-31 | CN¥8.89 | CN¥16.42 | x |
| 2024-12-31 | CN¥9.37 | CN¥16.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Yantang Dairy 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): 6.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.93%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.32x
- Recent ROE (6.97%) is below the historical average (13.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 25.84% | 7.87% | 1.66x | 1.97x | CN¥31.29 Million |
| 2012 | 24.59% | 8.32% | 1.68x | 1.75x | CN¥38.23 Million |
| 2013 | 21.02% | 7.94% | 1.51x | 1.75x | CN¥36.55 Million |
| 2014 | 10.97% | 8.32% | 0.99x | 1.33x | CN¥6.97 Million |
| 2015 | 12.23% | 9.30% | 1.00x | 1.31x | CN¥17.51 Million |
| 2016 | 12.45% | 9.64% | 0.96x | 1.35x | CN¥20.87 Million |
| 2017 | 12.72% | 9.75% | 0.93x | 1.41x | CN¥25.83 Million |
| 2018 | 4.70% | 3.25% | 0.98x | 1.47x | CN¥-47.52 Million |
| 2019 | 12.33% | 8.43% | 1.11x | 1.32x | CN¥23.41 Million |
| 2020 | 10.02% | 6.41% | 1.18x | 1.32x | CN¥160.60K |
| 2021 | 13.35% | 7.95% | 1.21x | 1.39x | CN¥39.59 Million |
| 2022 | 7.95% | 5.30% | 0.99x | 1.52x | CN¥-25.57 Million |
| 2023 | 12.93% | 9.25% | 1.01x | 1.39x | CN¥40.88 Million |
| 2024 | 6.97% | 5.93% | 0.89x | 1.32x | CN¥-44.69 Million |
Industry Comparison
This section compares Guangdong Yantang Dairy Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $845,529,743
- Average return on equity (ROE) among peers: 0.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Yantang Dairy Co Ltd (002732) | CN¥1.53 Billion | 25.84% | 0.31x | $378.07 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $957.14 Million | -3.68% | 0.11x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $254.16 Million | -54.32% | 1.61x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $92.89 Million | 11.89% | 1.23x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $2.53 Billion | -5.73% | 0.85x | $566.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $838.81 Million | 6.47% | 0.11x | $498.43 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $290.51 Million | 13.20% | 1.80x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $180.97 Million | 14.05% | 2.24x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $953.19 Million | 9.28% | 0.41x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $1.03 Billion | 9.49% | 0.12x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.33 Billion | 7.43% | 0.75x | $587.64 Million |
About Guangdong Yantang Dairy Co Ltd
Guangdong Yantang Dairy Co., Ltd. engages in the research, development, production, and sale of dairy products and milk-containing beverages, belonging to the food manufacturing industry in China. Its products include pasteurized milk, fresh milk, and sterilized milk; and dairy products, such as yogurt, fancy milk, and lactic acid bacteria milk drinks, as well as milk, tangerine peel yogurt drink… Read more