Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A

SHE:002864 China Drug Manufacturers - Specialty & Generic
Market Cap
$482.93 Million
CN¥3.54 Billion CNY
Market Cap Rank
#12894 Global
#3248 in China
Share Price
CN¥33.34
Change (1 day)
-1.51%
52-Week Range
CN¥25.47 - CN¥39.20
All Time High
CN¥74.44
About

Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd researches and develops, produces, and sells Chinese patent medicines in China. It offers orthopedic, cardiovascular, cerebrovascular, digestive, respiratory, pediatrics, gynecology, hepatobiliary, rheumatism and bone injury, tonic, heat-clearing and detoxifying, and liver and gallbladder drugs, as well as supplements and traditional Chine… Read more

Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A (002864) - Net Assets

Latest net assets as of September 2025: CN¥1.69 Billion CNY

Based on the latest financial reports, Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A (002864) has net assets worth CN¥1.69 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.40 Billion) and total liabilities (CN¥715.31 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.69 Billion
% of Total Assets 70.21%
Annual Growth Rate 20.48%
5-Year Change 122.55%
10-Year Change 466.72%
Growth Volatility 21.33

Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A - Net Assets Trend (2013–2024)

This chart illustrates how Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A (2013–2024)

The table below shows the annual net assets of Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.64 Billion +5.54%
2023-12-31 CN¥1.55 Billion +63.70%
2022-12-31 CN¥947.60 Million +17.39%
2021-12-31 CN¥807.21 Million +9.73%
2020-12-31 CN¥735.66 Million +9.03%
2019-12-31 CN¥674.71 Million +10.32%
2018-12-31 CN¥611.60 Million +10.08%
2017-12-31 CN¥555.58 Million +69.48%
2016-12-31 CN¥327.82 Million +13.47%
2015-12-31 CN¥288.89 Million +17.34%
2014-12-31 CN¥246.19 Million +16.77%
2013-12-31 CN¥210.84 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A'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 2173.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥659.73 Million 40.35%
Common Stock CN¥106.28 Million 6.50%
Other Components CN¥869.20 Million 53.16%
Total Equity CN¥1.64 Billion 100.00%

Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A Competitors by Market Cap

The table below lists competitors of Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,549,045,182 to 1,635,217,029, a change of 86,171,847 (5.6%).
  • Net income of 120,271,592 contributed positively to equity growth.
  • Dividend payments of 24,520,796 reduced retained earnings.
  • Share repurchases of 10,299,311 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥120.27 Million +7.36%
Dividends Paid CN¥24.52 Million -1.5%
Share Repurchases CN¥10.30 Million -0.63%
Other Changes CN¥720.36K +0.04%
Total Change CN¥- 5.56%

Book Value vs Market Value Analysis

This analysis compares Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A'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: 2.13x
  • 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 10.19x to 2.13x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥3.27 CN¥33.34 x
2014-12-31 CN¥3.80 CN¥33.34 x
2015-12-31 CN¥4.46 CN¥33.34 x
2016-12-31 CN¥5.06 CN¥33.34 x
2017-12-31 CN¥8.26 CN¥33.34 x
2018-12-31 CN¥7.09 CN¥33.34 x
2019-12-31 CN¥7.78 CN¥33.34 x
2020-12-31 CN¥8.38 CN¥33.34 x
2021-12-31 CN¥9.25 CN¥33.34 x
2022-12-31 CN¥9.96 CN¥33.34 x
2023-12-31 CN¥15.85 CN¥33.34 x
2024-12-31 CN¥15.64 CN¥33.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A 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): 7.36%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.35%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 1.39x
  • Recent ROE (7.36%) is below the historical average (11.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 15.55% 14.52% 0.66x 1.62x CN¥11.74 Million
2014 16.32% 16.31% 0.61x 1.63x CN¥15.51 Million
2015 14.79% 16.65% 0.59x 1.50x CN¥13.81 Million
2016 12.06% 12.94% 0.61x 1.54x CN¥6.75 Million
2017 7.87% 11.60% 0.50x 1.36x CN¥-11.84 Million
2018 10.58% 13.22% 0.60x 1.34x CN¥3.52 Million
2019 10.64% 11.75% 0.66x 1.38x CN¥4.31 Million
2020 10.98% 11.80% 0.58x 1.61x CN¥7.04 Million
2021 11.77% 10.50% 0.67x 1.68x CN¥14.03 Million
2022 10.88% 10.38% 0.50x 2.08x CN¥8.20 Million
2023 7.13% 11.26% 0.46x 1.37x CN¥-44.47 Million
2024 7.36% 12.35% 0.43x 1.39x CN¥-43.25 Million

Industry Comparison

This section compares Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $2,123,990,643
  • Average return on equity (ROE) among peers: -0.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A (002864) CN¥1.69 Billion 15.55% 0.42x $296.99 Million
Shenzhen Neptunus Bioengineering Co Ltd (000078) $6.47 Billion 9.88% 3.77x $616.08 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153) $1.18 Billion 2.74% 0.95x $320.56 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423) $10.33 Billion 15.07% 0.27x $3.03 Billion
Wedge Industrial Co Ltd (000534) $298.72 Million 1.96% 0.38x $1.77 Billion
Yunnan Baiyao Group Co Ltd (000538) $35.11 Million 18.13% 0.80x $5.62 Billion
Hainan Haiyao Co Ltd (000566) $353.98 Million -9.58% 0.80x $702.18 Million
Tus Pharmaceutical Group Co Ltd (000590) $269.51 Million -61.02% 1.05x $317.08 Million
Northeast Pharmaceutical Group Co Ltd (000597) $927.49 Million 2.65% 1.38x $425.60 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623) $1.11 Billion 7.32% 0.29x $2.05 Billion
Renhe Pharmacy Co Ltd (000650) $261.49 Million 10.60% 0.82x $777.45 Million