Annil Co Ltd (002875) - Net Assets
Based on the latest financial reports, Annil Co Ltd (002875) has net assets worth CN¥645.54 Million CNY (≈ $94.46 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¥1.08 Billion ≈ $157.95 Million USD) and total liabilities (CN¥433.86 Million ≈ $63.49 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. Explore 002875 cash generation efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥645.54 Million |
| % of Total Assets | 59.81% |
| Annual Growth Rate | 14.88% |
| 5-Year Change | -15.76% |
| 10-Year Change | 148.72% |
| Growth Volatility | 36.24 |
Annil Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Annil Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Annil Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Annil Co Ltd (2012–2024)
The table below shows the annual net assets of Annil Co Ltd from 2012 to 2024. For live valuation and market cap data, see 002875 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥709.86 Million ≈ $103.87 Million |
-13.76% |
| 2023-12-31 | CN¥823.15 Million ≈ $120.45 Million |
-9.45% |
| 2022-12-31 | CN¥909.02 Million ≈ $133.02 Million |
-21.23% |
| 2021-12-31 | CN¥1.15 Billion ≈ $168.87 Million |
+36.95% |
| 2020-12-31 | CN¥842.67 Million ≈ $123.31 Million |
-5.08% |
| 2019-12-31 | CN¥887.76 Million ≈ $129.91 Million |
+3.20% |
| 2018-12-31 | CN¥860.24 Million ≈ $125.88 Million |
+8.46% |
| 2017-12-31 | CN¥793.17 Million ≈ $116.07 Million |
+117.59% |
| 2016-12-31 | CN¥364.52 Million ≈ $53.34 Million |
+27.72% |
| 2015-12-31 | CN¥285.40 Million ≈ $41.76 Million |
+24.36% |
| 2014-12-31 | CN¥229.50 Million ≈ $33.58 Million |
+52.46% |
| 2013-12-31 | CN¥150.53 Million ≈ $22.03 Million |
+11.99% |
| 2012-12-31 | CN¥134.41 Million ≈ $19.67 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Annil 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 decreased by 293.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥213.00 Million | 30.17% |
| Other Comprehensive Income | CN¥43.39 Million | 6.15% |
| Other Components | CN¥636.56 Million | 90.15% |
| Total Equity | CN¥706.10 Million | 100.00% |
Annil Co Ltd Competitors by Market Cap
The table below lists competitors of Annil Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KoMiCo Ltd
KQ:183300
|
$681.83 Million |
|
Shenzhen Kiwi Instruments Co. Ltd. A
SHG:688045
|
$682.15 Million |
|
Daewon Cable
KO:006340
|
$682.16 Million |
|
Zhejiang Meida Industrial Co Ltd
SHE:002677
|
$682.56 Million |
|
Xilong Chemical Co Ltd
SHE:002584
|
$681.66 Million |
|
World Acceptance Corporation
NASDAQ:WRLD
|
$681.65 Million |
|
Laan & Spar Bank AS
CO:LASP
|
$681.56 Million |
|
Cheryong Electric Co.Ltd
KQ:033100
|
$681.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Annil Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 820,649,072 to 706,102,901, a change of -114,546,171 (-14.0%).
- Net loss of 114,658,052 reduced equity.
- Dividend payments of 6,039,672 reduced retained earnings.
- Other comprehensive income increased equity by 111,882.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-114.66 Million | -16.24% |
| Dividends Paid | CN¥6.04 Million | -0.86% |
| Other Comprehensive Income | CN¥111.88K | +0.02% |
| Other Changes | CN¥6.04 Million | +0.86% |
| Total Change | CN¥- | -13.96% |
Book Value vs Market Value Analysis
This analysis compares Annil 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: 6.58x
- 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 20.57x to 6.58x 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¥1.06 | CN¥21.87 | x |
| 2013-12-31 | CN¥1.19 | CN¥21.87 | x |
| 2014-12-31 | CN¥1.81 | CN¥21.87 | x |
| 2015-12-31 | CN¥2.26 | CN¥21.87 | x |
| 2016-12-31 | CN¥2.86 | CN¥21.87 | x |
| 2017-12-31 | CN¥5.23 | CN¥21.87 | x |
| 2018-12-31 | CN¥5.00 | CN¥21.87 | x |
| 2019-12-31 | CN¥5.27 | CN¥21.87 | x |
| 2020-12-31 | CN¥4.97 | CN¥21.87 | x |
| 2021-12-31 | CN¥5.44 | CN¥21.87 | x |
| 2022-12-31 | CN¥4.28 | CN¥21.87 | x |
| 2023-12-31 | CN¥3.87 | CN¥21.87 | x |
| 2024-12-31 | CN¥3.33 | CN¥21.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Annil 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): -16.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.94%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.44x
- Recent ROE (-16.24%) is below the historical average (8.49%), 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 | 29.34% | 7.13% | 1.75x | 2.35x | CN¥26.00 Million |
| 2013 | 37.28% | 7.95% | 1.99x | 2.36x | CN¥41.06 Million |
| 2014 | 34.41% | 9.96% | 1.81x | 1.91x | CN¥56.02 Million |
| 2015 | 24.84% | 8.44% | 1.50x | 1.96x | CN¥42.37 Million |
| 2016 | 21.70% | 8.60% | 1.49x | 1.70x | CN¥42.67 Million |
| 2017 | 8.68% | 6.68% | 0.95x | 1.37x | CN¥-10.45 Million |
| 2018 | 9.69% | 6.88% | 0.98x | 1.44x | CN¥-2.64 Million |
| 2019 | 4.74% | 3.17% | 1.07x | 1.39x | CN¥-46.66 Million |
| 2020 | -5.56% | -3.72% | 1.08x | 1.38x | CN¥-131.08 Million |
| 2021 | -0.26% | -0.26% | 0.73x | 1.40x | CN¥-118.43 Million |
| 2022 | -26.15% | -25.32% | 0.71x | 1.45x | CN¥-328.48 Million |
| 2023 | -12.13% | -12.36% | 0.58x | 1.69x | CN¥-181.62 Million |
| 2024 | -16.24% | -17.94% | 0.63x | 1.44x | CN¥-185.27 Million |
Industry Comparison
This section compares Annil Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,091,242,891
- Average return on equity (ROE) among peers: 0.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Annil Co Ltd (002875) | CN¥645.54 Million | 29.34% | 0.67x | $681.71 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $242.62 Million | -49.13% | 1.34x | $782.46 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $3.71 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $1.07 Billion | 0.77% | 0.84x | $1.60 Billion |
| Lu Thai Textile Co Ltd (000726) | $1.28 Billion | 8.92% | 0.16x | $511.26 Million |
| Anhui Huamao Textile Co Ltd (000850) | $747.53 Million | 12.76% | 0.47x | $555.11 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $6.20 Billion | 22.31% | 0.81x | $1.72 Billion |
| Xinlong Holding Group Co Ltd (000955) | $656.03 Million | -11.72% | 0.66x | $335.62 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $276.88 Million | 0.28% | 0.93x | $1.08 Billion |
| Sunvim Group Co Ltd (002083) | $2.71 Billion | 6.73% | 1.65x | $1.39 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.71 Billion | 7.32% | 0.21x | $318.41 Million |
About Annil Co Ltd
Annil Co.,Ltd engages in the children's clothing business under the Annil brand in China. It serves customers through stores, as well as e-commerce platforms, which include Tmall, Vipshop, Douyin, etc. The company was founded in 1996 and is based in Shenzhen, China.