Yantai China Pet Foods Co Ltd
Yantai China Pet Foods Co., Ltd. produces and sells pet food products for dogs and cats in China. The company offers pet staple food, pet snacks, pet fresh meat food, pet staple wet food, freeze-dried snacks, baked food, chicken snacks, duck snacks, beef snacks, fish snacks, pet biscuits, veggie and fruit, tooth-cleaning bone, and others under the Wanpy Naughty, Zeal True, and Toptrees Leading br… Read more
Yantai China Pet Foods Co Ltd (002891) - Net Assets
Latest net assets as of September 2025: CN¥3.11 Billion CNY
Based on the latest financial reports, Yantai China Pet Foods Co Ltd (002891) has net assets worth CN¥3.11 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¥5.36 Billion) and total liabilities (CN¥2.26 Billion). 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¥3.11 Billion |
| % of Total Assets | 57.95% |
| Annual Growth Rate | 27.3% |
| 5-Year Change | 42.36% |
| 10-Year Change | 710.37% |
| Growth Volatility | 30.89 |
Yantai China Pet Foods Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Yantai China Pet Foods Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yantai China Pet Foods Co Ltd (2013–2024)
The table below shows the annual net assets of Yantai China Pet Foods Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.61 Billion | +8.07% |
| 2023-12-31 | CN¥2.42 Billion | +8.95% |
| 2022-12-31 | CN¥2.22 Billion | +14.12% |
| 2021-12-31 | CN¥1.95 Billion | +5.94% |
| 2020-12-31 | CN¥1.84 Billion | +94.05% |
| 2019-12-31 | CN¥946.45 Million | +13.53% |
| 2018-12-31 | CN¥833.64 Million | +8.22% |
| 2017-12-31 | CN¥770.33 Million | +92.06% |
| 2016-12-31 | CN¥401.08 Million | +24.31% |
| 2015-12-31 | CN¥322.65 Million | +32.38% |
| 2014-12-31 | CN¥243.72 Million | +32.62% |
| 2013-12-31 | CN¥183.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yantai China Pet Foods 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 1042.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥992.05 Million | 40.86% |
| Common Stock | CN¥294.12 Million | 12.11% |
| Other Comprehensive Income | CN¥209.16 Million | 8.61% |
| Other Components | CN¥932.67 Million | 38.41% |
| Total Equity | CN¥2.43 Billion | 100.00% |
Yantai China Pet Foods Co Ltd Competitors by Market Cap
The table below lists competitors of Yantai China Pet Foods Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Power Synergy Public Company Limited
BK:GPSC-R
|
$801.90 Million |
|
KRUNGTHAI CARD FGN BA 1
F:KRTA
|
$801.94 Million |
|
Sinopep-Allsino Biopharmaceutical Co. Ltd. A
SHG:688076
|
$802.48 Million |
|
Tansun Technology Co Ltd
SHE:300872
|
$802.51 Million |
|
KPC Pharmaceuticals Inc
SHG:600422
|
$801.78 Million |
|
SJM Holdings Ltd
PINK:SJMHF
|
$801.54 Million |
|
Alphawave IP Group plc
PINK:AWEVF
|
$801.26 Million |
|
Greattown Holdings Ltd A
SHG:600094
|
$801.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yantai China Pet Foods Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,232,803,268 to 2,427,997,184, a change of 195,193,916 (8.7%).
- Net income of 393,800,768 contributed positively to equity growth.
- Dividend payments of 149,630,154 reduced retained earnings.
- Share repurchases of 29,159,787 reduced equity.
- Other comprehensive income decreased equity by 10,648,914.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥393.80 Million | +16.22% |
| Dividends Paid | CN¥149.63 Million | -6.16% |
| Share Repurchases | CN¥29.16 Million | -1.2% |
| Other Comprehensive Income | CN¥-10.65 Million | -0.44% |
| Other Changes | CN¥-9.17 Million | -0.38% |
| Total Change | CN¥- | 8.74% |
Book Value vs Market Value Analysis
This analysis compares Yantai China Pet Foods 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: 5.13x
- 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 44.54x to 5.13x 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¥0.92 | CN¥41.15 | x |
| 2014-12-31 | CN¥1.03 | CN¥41.15 | x |
| 2015-12-31 | CN¥1.35 | CN¥41.15 | x |
| 2016-12-31 | CN¥1.70 | CN¥41.15 | x |
| 2017-12-31 | CN¥3.25 | CN¥41.15 | x |
| 2018-12-31 | CN¥2.90 | CN¥41.15 | x |
| 2019-12-31 | CN¥3.31 | CN¥41.15 | x |
| 2020-12-31 | CN¥6.40 | CN¥41.15 | x |
| 2021-12-31 | CN¥6.18 | CN¥41.15 | x |
| 2022-12-31 | CN¥7.03 | CN¥41.15 | x |
| 2023-12-31 | CN¥7.67 | CN¥41.15 | x |
| 2024-12-31 | CN¥8.02 | CN¥41.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yantai China Pet Foods 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): 16.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.82%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.83x
- Recent ROE (16.22%) is above the historical average (10.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.02% | 3.17% | 1.68x | 1.70x | CN¥-1.75 Million |
| 2014 | 4.58% | 1.85% | 1.18x | 2.09x | CN¥-10.74 Million |
| 2015 | 21.57% | 8.59% | 1.30x | 1.93x | CN¥29.87 Million |
| 2016 | 20.75% | 8.51% | 1.29x | 1.89x | CN¥34.85 Million |
| 2017 | 10.63% | 7.26% | 1.01x | 1.45x | CN¥4.34 Million |
| 2018 | 7.59% | 4.00% | 1.00x | 1.89x | CN¥-17.96 Million |
| 2019 | 9.36% | 4.60% | 1.01x | 2.01x | CN¥-5.39 Million |
| 2020 | 7.81% | 6.04% | 0.89x | 1.45x | CN¥-37.87 Million |
| 2021 | 6.36% | 4.01% | 0.96x | 1.66x | CN¥-66.27 Million |
| 2022 | 5.13% | 3.26% | 0.85x | 1.86x | CN¥-100.70 Million |
| 2023 | 10.44% | 6.22% | 0.85x | 1.97x | CN¥9.88 Million |
| 2024 | 16.22% | 8.82% | 1.00x | 1.83x | CN¥151.00 Million |
Industry Comparison
This section compares Yantai China Pet Foods Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,496,572,190
- Average return on equity (ROE) among peers: -3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yantai China Pet Foods Co Ltd (002891) | CN¥3.11 Billion | 9.02% | 0.73x | $801.80 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $65.61 Million | -62.17% | 1.91x | $345.26 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $199.49 Million | -32.62% | 2.81x | $346.21 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $727.64 Million | 8.49% | 0.27x | $430.25 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $16.36 Billion | 24.69% | 0.34x | $3.98 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $760.28 Million | -33.42% | 2.17x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $332.95 Million | 17.62% | 0.88x | $266.09 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.35 Billion | 9.31% | 0.15x | $160.97 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.07 Billion | 7.87% | 0.47x | $169.20 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $393.72 Million | 8.08% | 0.70x | $460.31 Million |
| Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) | $2.70 Billion | 14.52% | 0.66x | $903.18 Million |