Lanzhou Zhuangyuan Pasture Co Ltd

SHE:002910 China Farm Products
Market Cap
$306.49 Million
CN¥2.25 Billion CNY
Market Cap Rank
#16511 Global
#4374 in China
Share Price
CN¥11.52
Change (1 day)
-2.12%
52-Week Range
CN¥7.83 - CN¥15.02
All Time High
CN¥30.88
About

Lanzhou Zhuangyuan Pasture Co., Ltd. manufactures, markets, and sells dairy products in China. It operates through two segments, Dairy Farming and Dairy Products Production. The company offers liquid milk products comprising pasteurized milk, sterilized milk, formulated milk, fermented milk, and other dairy products; raw milk; and milk drink products. It markets its products to hypermarkets, supe… Read more

Lanzhou Zhuangyuan Pasture Co Ltd (002910) - Net Assets

Latest net assets as of September 2025: CN¥1.04 Billion CNY

Based on the latest financial reports, Lanzhou Zhuangyuan Pasture Co Ltd (002910) has net assets worth CN¥1.04 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¥2.32 Billion) and total liabilities (CN¥1.28 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¥1.04 Billion
% of Total Assets 44.93%
Annual Growth Rate 8.84%
5-Year Change -31.39%
10-Year Change 57.29%
Growth Volatility 19.37

Lanzhou Zhuangyuan Pasture Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Lanzhou Zhuangyuan Pasture 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 Lanzhou Zhuangyuan Pasture Co Ltd (2012–2024)

The table below shows the annual net assets of Lanzhou Zhuangyuan Pasture Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.09 Billion -13.77%
2023-12-31 CN¥1.27 Billion -6.88%
2022-12-31 CN¥1.36 Billion -17.10%
2021-12-31 CN¥1.64 Billion +3.07%
2020-12-31 CN¥1.59 Billion +29.90%
2019-12-31 CN¥1.23 Billion +3.46%
2018-12-31 CN¥1.18 Billion +5.03%
2017-12-31 CN¥1.13 Billion +48.33%
2016-12-31 CN¥760.23 Million +9.49%
2015-12-31 CN¥694.33 Million +40.15%
2014-12-31 CN¥495.41 Million +15.21%
2013-12-31 CN¥430.01 Million +8.76%
2012-12-31 CN¥395.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Lanzhou Zhuangyuan Pasture 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 137.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥319.29 Million 29.24%
Common Stock CN¥195.54 Million 17.91%
Other Comprehensive Income CN¥53.28 Million 4.88%
Other Components CN¥523.71 Million 47.97%
Total Equity CN¥1.09 Billion 100.00%

Lanzhou Zhuangyuan Pasture Co Ltd Competitors by Market Cap

The table below lists competitors of Lanzhou Zhuangyuan Pasture Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lanzhou Zhuangyuan Pasture Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,266,458,472 to 1,091,818,338, a change of -174,640,134 (-13.8%).
  • Net loss of 166,208,347 reduced equity.
  • Dividend payments of 35,479,180 reduced retained earnings.
  • Share repurchases of 15,131,786 reduced equity.
  • Other comprehensive income increased equity by 6,700,000.
  • Other factors increased equity by 35,479,179.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-166.21 Million -15.22%
Dividends Paid CN¥35.48 Million -3.25%
Share Repurchases CN¥15.13 Million -1.39%
Other Comprehensive Income CN¥6.70 Million +0.61%
Other Changes CN¥35.48 Million +3.25%
Total Change CN¥- -13.79%

Book Value vs Market Value Analysis

This analysis compares Lanzhou Zhuangyuan Pasture 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: 2.04x
  • 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 3.04x to 2.04x 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¥3.79 CN¥11.52 x
2013-12-31 CN¥4.10 CN¥11.52 x
2014-12-31 CN¥4.70 CN¥11.52 x
2015-12-31 CN¥6.16 CN¥11.52 x
2016-12-31 CN¥5.41 CN¥11.52 x
2017-12-31 CN¥7.59 CN¥11.52 x
2018-12-31 CN¥6.34 CN¥11.52 x
2019-12-31 CN¥6.54 CN¥11.52 x
2020-12-31 CN¥6.91 CN¥11.52 x
2021-12-31 CN¥7.12 CN¥11.52 x
2022-12-31 CN¥6.25 CN¥11.52 x
2023-12-31 CN¥6.53 CN¥11.52 x
2024-12-31 CN¥5.65 CN¥11.52 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lanzhou Zhuangyuan Pasture 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): -15.22%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -18.67%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 2.21x
  • Recent ROE (-15.22%) is below the historical average (4.45%), 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 13.74% 12.92% 0.48x 2.21x CN¥14.77 Million
2013 8.06% 7.01% 0.47x 2.47x CN¥-8.36 Million
2014 13.20% 10.93% 0.50x 2.43x CN¥15.87 Million
2015 10.55% 11.70% 0.47x 1.93x CN¥3.81 Million
2016 9.99% 11.40% 0.50x 1.76x CN¥-112.89K
2017 6.06% 10.88% 0.35x 1.60x CN¥-44.41 Million
2018 5.36% 9.66% 0.32x 1.73x CN¥-54.91 Million
2019 4.19% 6.31% 0.33x 2.03x CN¥-71.22 Million
2020 0.66% 1.41% 0.24x 1.94x CN¥-148.73 Million
2021 3.26% 5.24% 0.36x 1.71x CN¥-110.54 Million
2022 4.48% 5.80% 0.39x 1.98x CN¥-75.07 Million
2023 -6.43% -8.53% 0.38x 2.00x CN¥-208.12 Million
2024 -15.22% -18.67% 0.37x 2.21x CN¥-275.39 Million

Industry Comparison

This section compares Lanzhou Zhuangyuan Pasture Co Ltd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $1,314,559,364
  • Average return on equity (ROE) among peers: 7.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lanzhou Zhuangyuan Pasture Co Ltd (002910) CN¥1.04 Billion 13.74% 1.23x $148.39 Million
ShenZhen Kondarl Group Co Ltd (000048) $493.88 Million 5.67% 1.45x $677.04 Million
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) $473.86 Million 3.40% 0.49x $192.35 Million
Hefei Fengle Seed Co Ltd (000713) $541.01 Million 5.38% 1.28x $460.52 Million
Luoniushan Co Ltd (000735) $1.57 Billion 5.18% 0.35x $939.65 Million
New Hope Liuhe Co Ltd (000876) $4.62 Billion 8.84% 0.83x $3.80 Billion
Yuan Longping High-tech Agriculture Co Ltd (000998) $903.81 Million 2.44% 0.22x $1.92 Billion
Dongrui Food Group Co Ltd (001201) $326.81 Million 2.47% 0.90x $262.05 Million
Jiangxi Sunshine Dairy Co Ltd (001318) $555.07 Million 18.79% 0.29x $164.61 Million
Boen Group Co. Ltd. Cl A (001366) $521.42 Million 14.80% 0.42x $88.79 Million
Shandong Denghai Seeds Co Ltd (002041) $3.14 Billion 3.25% 0.20x $542.58 Million