Shandong Xiantan Co Ltd (002746) - Net Assets
Based on the latest financial reports, Shandong Xiantan Co Ltd (002746) has net assets worth CN¥4.72 Billion CNY (≈ $690.68 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¥7.77 Billion ≈ $1.14 Billion USD) and total liabilities (CN¥3.05 Billion ≈ $446.11 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 002746 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.72 Billion |
| % of Total Assets | 60.76% |
| Annual Growth Rate | 23.04% |
| 5-Year Change | 3.62% |
| 10-Year Change | 381.92% |
| Growth Volatility | 33.19 |
Shandong Xiantan Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Shandong Xiantan Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shandong Xiantan Co Ltd (002746) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shandong Xiantan Co Ltd (2009–2024)
The table below shows the annual net assets of Shandong Xiantan Co Ltd from 2009 to 2024. For live valuation and market cap data, see Shandong Xiantan Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.81 Billion ≈ $704.03 Million |
+2.46% |
| 2023-12-31 | CN¥4.70 Billion ≈ $687.09 Million |
+2.41% |
| 2022-12-31 | CN¥4.58 Billion ≈ $670.92 Million |
+0.80% |
| 2021-12-31 | CN¥4.55 Billion ≈ $665.60 Million |
-2.04% |
| 2020-12-31 | CN¥4.64 Billion ≈ $679.45 Million |
+34.68% |
| 2019-12-31 | CN¥3.45 Billion ≈ $504.49 Million |
+38.65% |
| 2018-12-31 | CN¥2.49 Billion ≈ $363.87 Million |
+17.36% |
| 2017-12-31 | CN¥2.12 Billion ≈ $310.05 Million |
+3.11% |
| 2016-12-31 | CN¥2.05 Billion ≈ $300.69 Million |
+105.83% |
| 2015-12-31 | CN¥998.34 Million ≈ $146.09 Million |
+24.37% |
| 2014-12-31 | CN¥802.74 Million ≈ $117.47 Million |
+5.85% |
| 2013-12-31 | CN¥758.40 Million ≈ $110.98 Million |
+7.50% |
| 2012-12-31 | CN¥705.48 Million ≈ $103.23 Million |
+12.15% |
| 2011-12-31 | CN¥629.03 Million ≈ $92.05 Million |
+46.93% |
| 2010-12-31 | CN¥428.12 Million ≈ $62.65 Million |
+99.53% |
| 2009-12-31 | CN¥214.57 Million ≈ $31.40 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Xiantan 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 1881.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.96 Billion | 42.06% |
| Common Stock | CN¥860.54 Million | 18.45% |
| Other Comprehensive Income | CN¥309.96 Million | 6.65% |
| Other Components | CN¥1.53 Billion | 32.84% |
| Total Equity | CN¥4.66 Billion | 100.00% |
Shandong Xiantan Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Xiantan Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chung Hung Steel Corp
TW:2014
|
$807.31 Million |
|
Akso Health Group ADR
NASDAQ:AHG
|
$807.33 Million |
|
Shanxi Huhua Group Co Ltd
SHE:003002
|
$807.75 Million |
|
Wecome Intelligent Manufacturing Co. Ltd.
SHG:603070
|
$808.01 Million |
|
Zhongyin Babi Food Co. Ltd.
SHG:605338
|
$806.99 Million |
|
Shandong Molong Petroleum Machinery Co Ltd
SHE:002490
|
$806.98 Million |
|
Sparekassen Sjaelland-Fyn A/S
CO:SPKSJF
|
$806.78 Million |
|
Chenguang Biotech Group
SHE:300138
|
$806.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Xiantan Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,587,297,050 to 4,664,088,982, a change of 76,791,932 (1.7%).
- Net income of 206,146,486 contributed positively to equity growth.
- Dividend payments of 152,230,234 reduced retained earnings.
- Other comprehensive income increased equity by 309,240,531.
- Other factors decreased equity by 286,364,851.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥206.15 Million | +4.42% |
| Dividends Paid | CN¥152.23 Million | -3.26% |
| Other Comprehensive Income | CN¥309.24 Million | +6.63% |
| Other Changes | CN¥-286.36 Million | -6.14% |
| Total Change | CN¥- | 1.67% |
Book Value vs Market Value Analysis
This analysis compares Shandong Xiantan 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: 1.18x
- 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 13.95x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.46 | CN¥6.41 | x |
| 2010-12-31 | CN¥0.94 | CN¥6.41 | x |
| 2011-12-31 | CN¥1.38 | CN¥6.41 | x |
| 2012-12-31 | CN¥1.54 | CN¥6.41 | x |
| 2013-12-31 | CN¥1.66 | CN¥6.41 | x |
| 2014-12-31 | CN¥1.75 | CN¥6.41 | x |
| 2015-12-31 | CN¥1.73 | CN¥6.41 | x |
| 2016-12-31 | CN¥3.26 | CN¥6.41 | x |
| 2017-12-31 | CN¥3.05 | CN¥6.41 | x |
| 2018-12-31 | CN¥3.53 | CN¥6.41 | x |
| 2019-12-31 | CN¥4.74 | CN¥6.41 | x |
| 2020-12-31 | CN¥6.46 | CN¥6.41 | x |
| 2021-12-31 | CN¥5.36 | CN¥6.41 | x |
| 2022-12-31 | CN¥5.20 | CN¥6.41 | x |
| 2023-12-31 | CN¥5.28 | CN¥6.41 | x |
| 2024-12-31 | CN¥5.43 | CN¥6.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Xiantan 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): 4.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.90%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.68x
- Recent ROE (4.42%) is below the historical average (12.78%), 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 | 35.88% | 6.03% | 2.04x | 2.92x | CN¥54.10 Million |
| 2010 | 25.28% | 6.79% | 2.05x | 1.82x | CN¥65.43 Million |
| 2011 | 31.53% | 10.72% | 1.87x | 1.57x | CN¥135.43 Million |
| 2012 | 12.30% | 4.32% | 1.70x | 1.67x | CN¥16.23 Million |
| 2013 | 6.28% | 2.69% | 1.29x | 1.81x | CN¥-28.22 Million |
| 2014 | 5.52% | 2.56% | 1.16x | 1.87x | CN¥-35.93 Million |
| 2015 | 2.26% | 1.28% | 1.21x | 1.45x | CN¥-77.20 Million |
| 2016 | 11.96% | 11.72% | 0.84x | 1.21x | CN¥40.15 Million |
| 2017 | 4.81% | 4.71% | 0.84x | 1.22x | CN¥-109.91 Million |
| 2018 | 16.42% | 15.59% | 0.83x | 1.27x | CN¥157.15 Million |
| 2019 | 30.36% | 28.32% | 0.82x | 1.31x | CN¥671.08 Million |
| 2020 | 7.85% | 11.06% | 0.58x | 1.22x | CN¥-96.80 Million |
| 2021 | 1.87% | 2.48% | 0.57x | 1.31x | CN¥-358.21 Million |
| 2022 | 2.89% | 2.52% | 0.84x | 1.37x | CN¥-316.19 Million |
| 2023 | 4.92% | 3.91% | 0.84x | 1.49x | CN¥-232.82 Million |
| 2024 | 4.42% | 3.90% | 0.68x | 1.68x | CN¥-260.26 Million |
Industry Comparison
This section compares Shandong Xiantan Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,245,542,310
- Average return on equity (ROE) among peers: 6.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Xiantan Co Ltd (002746) | CN¥4.72 Billion | 35.88% | 0.65x | $807.17 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $77.54 Million | 12.85% | 15.15x | $1.17 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $-167.97 Million | 0.00% | 0.00x | $484.37 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $423.88 Million | 2.68% | 0.95x | $355.56 Million |
| Hefei Fengle Seed Co Ltd (000713) | $426.90 Million | 12.00% | 0.60x | $752.22 Million |
| Luoniushan Co Ltd (000735) | $182.12 Million | 17.91% | 0.39x | $1.10 Billion |
| New Hope Liuhe Co Ltd (000876) | $458.73 Million | 12.53% | 0.08x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $6.29 Billion | 1.84% | 1.20x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $3.51 Billion | -14.72% | 0.74x | $497.17 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $565.47 Million | 24.00% | 0.31x | $558.39 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $694.16 Million | 0.82% | 0.25x | $1.30 Billion |
About Shandong Xiantan Co Ltd
Shandong Xiantan Group Co., Ltd. engages in breeder breeding, chick hatching, feed processing, broiler breeding, and slaughtering businesses primarily in China. It offers broiler chickens and chicken products. The company was formerly known as Shandong Xiantan Co., Ltd. and changed its name to Shandong Xiantan Group Co., Ltd. in November 2025. The company was founded in 2001 and is headquartered … Read more