Zhejiang Huatong Meat Products Co Ltd (002840) - Net Assets
Based on the latest financial reports, Zhejiang Huatong Meat Products Co Ltd (002840) has net assets worth CN¥4.19 Billion CNY (≈ $613.58 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¥10.59 Billion ≈ $1.55 Billion USD) and total liabilities (CN¥6.40 Billion ≈ $935.90 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 Zhejiang Huatong Meat Products Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.19 Billion |
| % of Total Assets | 39.6% |
| Annual Growth Rate | 17.32% |
| 5-Year Change | 17.79% |
| 10-Year Change | 237.89% |
| Growth Volatility | 23.98 |
Zhejiang Huatong Meat Products Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Zhejiang Huatong Meat Products Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Huatong Meat Products Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Huatong Meat Products Co Ltd (2011–2024)
The table below shows the annual net assets of Zhejiang Huatong Meat Products Co Ltd from 2011 to 2024. For live valuation and market cap data, see Zhejiang Huatong Meat Products Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.62 Billion ≈ $384.03 Million |
+16.37% |
| 2023-12-31 | CN¥2.26 Billion ≈ $330.01 Million |
-32.59% |
| 2022-12-31 | CN¥3.35 Billion ≈ $489.58 Million |
+58.22% |
| 2021-12-31 | CN¥2.11 Billion ≈ $309.44 Million |
-5.09% |
| 2020-12-31 | CN¥2.23 Billion ≈ $326.01 Million |
+32.07% |
| 2019-12-31 | CN¥1.69 Billion ≈ $246.85 Million |
+17.21% |
| 2018-12-31 | CN¥1.44 Billion ≈ $210.59 Million |
+16.66% |
| 2017-12-31 | CN¥1.23 Billion ≈ $180.52 Million |
+45.39% |
| 2016-12-31 | CN¥848.50 Million ≈ $124.16 Million |
+9.25% |
| 2015-12-31 | CN¥776.69 Million ≈ $113.65 Million |
+10.69% |
| 2014-12-31 | CN¥701.68 Million ≈ $102.68 Million |
+58.95% |
| 2013-12-31 | CN¥441.44 Million ≈ $64.60 Million |
+11.16% |
| 2012-12-31 | CN¥397.14 Million ≈ $58.11 Million |
+20.71% |
| 2011-12-31 | CN¥328.99 Million ≈ $48.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Huatong Meat Products 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 107.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥102.17 Million | 4.20% |
| Common Stock | CN¥646.50 Million | 26.59% |
| Other Components | CN¥1.68 Billion | 69.21% |
| Total Equity | CN¥2.43 Billion | 100.00% |
Zhejiang Huatong Meat Products Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Huatong Meat Products Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Blue Group Holding Ltd
NYSE:GB
|
$1.49 Billion |
|
Jiangsu Sanfangxiang Industry Co Ltd
SHG:600370
|
$1.49 Billion |
|
Huabao Flavours & Fragrances Co Ltd Class A
SHE:300741
|
$1.49 Billion |
|
Shenzhen Yanmade Technology Inc
SHG:688312
|
$1.49 Billion |
|
Etablissements Maurel et Prom SA
PA:MAU
|
$1.49 Billion |
|
Bright Dairy & Food Co Ltd
SHG:600597
|
$1.49 Billion |
|
Grupo Security
SN:SECURITY
|
$1.49 Billion |
|
Richinfo Technology Co Ltd Class A
SHE:300634
|
$1.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Huatong Meat Products Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,073,051,000 to 2,431,185,000, a change of 358,134,000 (17.3%).
- Net income of 73,038,296 contributed positively to equity growth.
- Dividend payments of 171,136,269 reduced retained earnings.
- Share repurchases of 14,419,000 reduced equity.
- Other comprehensive income decreased equity by 26,241,745.
- Other factors increased equity by 496,892,718.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥73.04 Million | +3.0% |
| Dividends Paid | CN¥171.14 Million | -7.04% |
| Share Repurchases | CN¥14.42 Million | -0.59% |
| Other Comprehensive Income | CN¥-26.24 Million | -1.08% |
| Other Changes | CN¥496.89 Million | +20.44% |
| Total Change | CN¥- | 17.28% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Huatong Meat Products 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: 3.14x
- 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 10.54x to 3.14x 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¥1.21 | CN¥12.72 | x |
| 2012-12-31 | CN¥1.44 | CN¥12.72 | x |
| 2013-12-31 | CN¥1.61 | CN¥12.72 | x |
| 2014-12-31 | CN¥2.20 | CN¥12.72 | x |
| 2015-12-31 | CN¥2.27 | CN¥12.72 | x |
| 2016-12-31 | CN¥2.52 | CN¥12.72 | x |
| 2017-12-31 | CN¥2.78 | CN¥12.72 | x |
| 2018-12-31 | CN¥3.02 | CN¥12.72 | x |
| 2019-12-31 | CN¥3.46 | CN¥12.72 | x |
| 2020-12-31 | CN¥3.66 | CN¥12.72 | x |
| 2021-12-31 | CN¥3.52 | CN¥12.72 | x |
| 2022-12-31 | CN¥5.79 | CN¥12.72 | x |
| 2023-12-31 | CN¥3.53 | CN¥12.72 | x |
| 2024-12-31 | CN¥4.05 | CN¥12.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Huatong Meat Products 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): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.80%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 3.90x
- Recent ROE (3.00%) is below the historical average (6.02%), 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 | 18.64% | 3.83% | 2.66x | 1.83x | CN¥27.57 Million |
| 2012 | 15.34% | 3.92% | 1.94x | 2.02x | CN¥20.15 Million |
| 2013 | 13.45% | 3.77% | 1.65x | 2.16x | CN¥14.55 Million |
| 2014 | 12.09% | 5.01% | 1.30x | 1.85x | CN¥14.15 Million |
| 2015 | 10.28% | 3.87% | 1.34x | 1.99x | CN¥2.03 Million |
| 2016 | 11.40% | 2.31% | 2.83x | 1.75x | CN¥11.32 Million |
| 2017 | 10.12% | 2.52% | 2.97x | 1.35x | CN¥1.42 Million |
| 2018 | 11.57% | 2.93% | 2.35x | 1.68x | CN¥20.42 Million |
| 2019 | 8.87% | 1.71% | 2.52x | 2.06x | CN¥-16.77 Million |
| 2020 | 7.92% | 1.53% | 1.77x | 2.93x | CN¥-35.45 Million |
| 2021 | -12.48% | -2.31% | 1.17x | 4.63x | CN¥-346.62 Million |
| 2022 | 3.28% | 0.93% | 1.07x | 3.32x | CN¥-179.63 Million |
| 2023 | -29.18% | -7.05% | 0.96x | 4.30x | CN¥-812.16 Million |
| 2024 | 3.00% | 0.80% | 0.96x | 3.90x | CN¥-170.08 Million |
Industry Comparison
This section compares Zhejiang Huatong Meat Products 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 |
|---|---|---|---|---|
| Zhejiang Huatong Meat Products Co Ltd (002840) | CN¥4.19 Billion | 18.64% | 1.53x | $1.49 Billion |
| 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 Zhejiang Huatong Meat Products Co Ltd
Zhejiang Huatong Meat Products Co., Ltd. engages in the livestock and poultry slaughtering business. The company operates through: Pig Breeding, Pig Slaughtering, and Deep Processing of Meat Products. It is also involved in livestock and poultry slaughtering and processing, livestock and poultry breeding, feed processing, and deep processing of meat products. The company primarily offers feed, fr… Read more