Daodaoquan Grain and Oil Co Ltd (002852) - Net Assets
Based on the latest financial reports, Daodaoquan Grain and Oil Co Ltd (002852) has net assets worth CN¥2.31 Billion CNY (≈ $338.12 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¥4.30 Billion ≈ $629.21 Million USD) and total liabilities (CN¥1.99 Billion ≈ $291.09 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 Daodaoquan Grain and Oil Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.31 Billion |
| % of Total Assets | 53.74% |
| Annual Growth Rate | 25.2% |
| 5-Year Change | -6.07% |
| 10-Year Change | 246.49% |
| Growth Volatility | 51.76 |
Daodaoquan Grain and Oil Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Daodaoquan Grain and Oil Co Ltd's net assets have evolved over time, based on quarterly financial data. See Daodaoquan Grain and Oil Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Daodaoquan Grain and Oil Co Ltd (2012–2025)
The table below shows the annual net assets of Daodaoquan Grain and Oil Co Ltd from 2012 to 2025. For live valuation and market cap data, see market value of Daodaoquan Grain and Oil Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.30 Billion ≈ $336.74 Million |
+5.85% |
| 2024-12-31 | CN¥2.17 Billion ≈ $318.14 Million |
+6.21% |
| 2023-12-31 | CN¥2.05 Billion ≈ $299.55 Million |
+0.66% |
| 2022-12-31 | CN¥2.03 Billion ≈ $297.60 Million |
-16.98% |
| 2021-12-31 | CN¥2.45 Billion ≈ $358.49 Million |
+29.91% |
| 2020-12-31 | CN¥1.89 Billion ≈ $275.95 Million |
-7.01% |
| 2019-12-31 | CN¥2.03 Billion ≈ $296.74 Million |
-6.34% |
| 2018-12-31 | CN¥2.17 Billion ≈ $316.81 Million |
+12.76% |
| 2017-12-31 | CN¥1.92 Billion ≈ $280.96 Million |
+189.09% |
| 2016-12-31 | CN¥664.16 Million ≈ $97.19 Million |
+38.96% |
| 2015-12-31 | CN¥477.93 Million ≈ $69.94 Million |
+54.67% |
| 2014-12-31 | CN¥309.00 Million ≈ $45.22 Million |
+66.14% |
| 2013-12-31 | CN¥185.99 Million ≈ $27.22 Million |
+50.12% |
| 2012-12-31 | CN¥123.89 Million ≈ $18.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daodaoquan Grain and Oil 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 412.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥209.27 Million | 9.32% |
| Common Stock | CN¥343.97 Million | 15.32% |
| Other Components | CN¥1.69 Billion | 75.36% |
| Total Equity | CN¥2.25 Billion | 100.00% |
Daodaoquan Grain and Oil Co Ltd Competitors by Market Cap
The table below lists competitors of Daodaoquan Grain and Oil Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Industrial Park Heshun Electric Co Ltd
SHE:300141
|
$385.61 Million |
|
Uzin Utz AG
XETRA:UZU
|
$385.69 Million |
|
XMax Inc.
NASDAQ:XWIN
|
$385.96 Million |
|
Sanghvi Movers Limited
NSE:SANGHVIMOV
|
$386.03 Million |
|
Sungwoo Hitech Co. Ltd
KQ:015750
|
$385.43 Million |
|
Phihong Technology Co Ltd
TW:2457
|
$385.42 Million |
|
Airnet Technology Inc
NASDAQ:ANTE
|
$385.29 Million |
|
Gigastorage Corp
TW:2406
|
$385.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daodaoquan Grain and Oil Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,120,504,704 to 2,245,570,744, a change of 125,066,040 (5.9%).
- Net income of 233,565,964 contributed positively to equity growth.
- Dividend payments of 139,538,647 reduced retained earnings.
- Other comprehensive income decreased equity by 92,278,188.
- Other factors increased equity by 123,316,911.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥233.57 Million | +10.4% |
| Dividends Paid | CN¥139.54 Million | -6.21% |
| Other Comprehensive Income | CN¥-92.28 Million | -4.11% |
| Other Changes | CN¥123.32 Million | +5.49% |
| Total Change | CN¥- | 5.90% |
Book Value vs Market Value Analysis
This analysis compares Daodaoquan Grain and Oil 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 13.09x 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 |
|---|---|---|---|
| 2012-12-31 | CN¥0.59 | CN¥7.66 | x |
| 2013-12-31 | CN¥0.86 | CN¥7.66 | x |
| 2014-12-31 | CN¥1.43 | CN¥7.66 | x |
| 2015-12-31 | CN¥2.21 | CN¥7.66 | x |
| 2016-12-31 | CN¥3.06 | CN¥7.66 | x |
| 2017-12-31 | CN¥7.12 | CN¥7.66 | x |
| 2018-12-31 | CN¥7.27 | CN¥7.66 | x |
| 2019-12-31 | CN¥6.91 | CN¥7.66 | x |
| 2020-12-31 | CN¥6.64 | CN¥7.66 | x |
| 2021-12-31 | CN¥8.55 | CN¥7.66 | x |
| 2022-12-31 | CN¥5.78 | CN¥7.66 | x |
| 2023-12-31 | CN¥5.80 | CN¥7.66 | x |
| 2024-12-31 | CN¥6.16 | CN¥7.66 | x |
| 2025-12-31 | CN¥6.51 | CN¥7.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daodaoquan Grain and Oil 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): 10.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.86x
- Recent ROE (10.40%) is below the historical average (12.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 16.67% | 0.93% | 5.02x | 3.57x | CN¥8.45 Million |
| 2013 | 27.77% | 2.35% | 3.26x | 3.64x | CN¥33.06 Million |
| 2014 | 46.78% | 7.13% | 3.04x | 2.16x | CN¥113.64 Million |
| 2015 | 38.28% | 8.37% | 2.35x | 1.95x | CN¥135.16 Million |
| 2016 | 30.98% | 7.65% | 2.18x | 1.85x | CN¥139.32 Million |
| 2017 | 9.97% | 5.80% | 1.25x | 1.38x | CN¥-651.53K |
| 2018 | 10.45% | 6.10% | 1.30x | 1.31x | CN¥9.55 Million |
| 2019 | 6.55% | 3.13% | 1.52x | 1.37x | CN¥-67.91 Million |
| 2020 | -4.19% | -1.45% | 1.53x | 1.90x | CN¥-258.94 Million |
| 2021 | -8.02% | -3.52% | 1.32x | 1.72x | CN¥-431.37 Million |
| 2022 | -21.02% | -5.95% | 1.45x | 2.44x | CN¥-616.83 Million |
| 2023 | 3.80% | 1.08% | 1.46x | 2.40x | CN¥-123.61 Million |
| 2024 | 8.34% | 2.98% | 1.47x | 1.90x | CN¥-35.14 Million |
| 2025 | 10.40% | 3.77% | 1.49x | 1.86x | CN¥9.01 Million |
Industry Comparison
This section compares Daodaoquan Grain and Oil Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,024,359,158
- Average return on equity (ROE) among peers: 10.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daodaoquan Grain and Oil Co Ltd (002852) | CN¥2.31 Billion | 16.67% | 0.86x | $385.55 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $365.34 Million | -3.53% | 0.71x | $992.25 Million |
| Hainan Pearl River Holdings Co Ltd (000505) | $536.51 Million | 31.33% | 0.36x | $515.34 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.02 Billion | 13.97% | 0.40x | $206.92 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.81 Billion | 2.87% | 0.29x | $473.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $812.31 Million | 2.77% | 0.38x | $400.45 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.36 Billion | 15.73% | 0.48x | $11.55 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $28.88 Million | 16.61% | 5.34x | $388.25 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.22 Billion | 11.05% | 0.49x | $599.98 Million |
| Qingdao Foods Co Ltd (001219) | $1.03 Billion | 9.49% | 0.12x | $351.80 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.06 Billion | 4.32% | 0.50x | $507.38 Million |
About Daodaoquan Grain and Oil Co Ltd
Daodaoquan Grain and Oil Co.,Ltd. engages in the research, development, production, and sale of edible vegetable oil products in China. The company offers soybean oil; sunflower oil; pressed, raw, and pure rapeseed oil; pure peanut oil; Jinzun corn oil; edible vegetable blend oil; edible plant blend oil; and press, flavor, pure, blending, gift, and catering oil series products. It sells its produ… Read more