Lanzhou Zhuangyuan Pasture Co Ltd (002910) - Net Assets
Based on the latest financial reports, Lanzhou Zhuangyuan Pasture Co Ltd (002910) has net assets worth CN¥991.37 Million CNY (≈ $145.07 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¥2.30 Billion ≈ $336.69 Million USD) and total liabilities (CN¥1.31 Billion ≈ $191.62 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 Lanzhou Zhuangyuan Pasture Co Ltd (002910) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥991.37 Million |
| % of Total Assets | 43.09% |
| Annual Growth Rate | 7.55% |
| 5-Year Change | -37.96% |
| 10-Year Change | 33.89% |
| Growth Volatility | 19.17 |
Lanzhou Zhuangyuan Pasture Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Lanzhou Zhuangyuan Pasture Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002910 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lanzhou Zhuangyuan Pasture Co Ltd (2012–2025)
The table below shows the annual net assets of Lanzhou Zhuangyuan Pasture Co Ltd from 2012 to 2025. For live valuation and market cap data, see 002910 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.02 Billion ≈ $148.95 Million |
-6.79% |
| 2024-12-31 | CN¥1.09 Billion ≈ $159.81 Million |
-13.77% |
| 2023-12-31 | CN¥1.27 Billion ≈ $185.32 Million |
-6.88% |
| 2022-12-31 | CN¥1.36 Billion ≈ $199.02 Million |
-17.10% |
| 2021-12-31 | CN¥1.64 Billion ≈ $240.08 Million |
+3.07% |
| 2020-12-31 | CN¥1.59 Billion ≈ $232.94 Million |
+29.90% |
| 2019-12-31 | CN¥1.23 Billion ≈ $179.32 Million |
+3.46% |
| 2018-12-31 | CN¥1.18 Billion ≈ $173.32 Million |
+5.03% |
| 2017-12-31 | CN¥1.13 Billion ≈ $165.01 Million |
+48.33% |
| 2016-12-31 | CN¥760.23 Million ≈ $111.25 Million |
+9.49% |
| 2015-12-31 | CN¥694.33 Million ≈ $101.60 Million |
+40.15% |
| 2014-12-31 | CN¥495.41 Million ≈ $72.49 Million |
+15.21% |
| 2013-12-31 | CN¥430.01 Million ≈ $62.92 Million |
+8.76% |
| 2012-12-31 | CN¥395.37 Million ≈ $57.85 Million |
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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 82.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥244.90 Million | 24.07% |
| Other Components | CN¥772.53 Million | 75.93% |
| Total Equity | CN¥1.02 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.
| Company | Market Cap |
|---|---|
|
DI Dong Il Corp
KO:001530
|
$318.84 Million |
|
TECHPOINT INC. JDR/1
F:R46
|
$318.93 Million |
|
Ace Pillar Co Ltd
TW:8374
|
$318.99 Million |
|
Accent Group Ltd
AU:AX1
|
$319.03 Million |
|
Handsome
KO:020000
|
$318.75 Million |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
$318.62 Million |
|
Guangzhou Seagull Kitchen And Bath Products Co Ltd
SHE:002084
|
$318.59 Million |
|
Bangyan Technology Co. Ltd. A
SHG:688132
|
$318.54 Million |
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 2024 to 2025, total equity changed from 1,091,818,338 to 1,017,429,679, a change of -74,388,659 (-6.8%).
- Net loss of 74,388,660 reduced equity.
- Dividend payments of 31,452,430 reduced retained earnings.
- Other comprehensive income decreased equity by 53,283,275.
- Other factors increased equity by 84,735,706.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-74.39 Million | -7.31% |
| Dividends Paid | CN¥31.45 Million | -3.09% |
| Other Comprehensive Income | CN¥-53.28 Million | -5.24% |
| Other Changes | CN¥84.74 Million | +8.33% |
| Total Change | CN¥- | -6.81% |
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: 2.14x
- 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 2.95x to 2.14x 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¥11.16 | x |
| 2013-12-31 | CN¥4.10 | CN¥11.16 | x |
| 2014-12-31 | CN¥4.70 | CN¥11.16 | x |
| 2015-12-31 | CN¥6.15 | CN¥11.16 | x |
| 2016-12-31 | CN¥5.41 | CN¥11.16 | x |
| 2017-12-31 | CN¥7.59 | CN¥11.16 | x |
| 2018-12-31 | CN¥6.34 | CN¥11.16 | x |
| 2019-12-31 | CN¥6.45 | CN¥11.16 | x |
| 2020-12-31 | CN¥7.61 | CN¥11.16 | x |
| 2021-12-31 | CN¥7.05 | CN¥11.16 | x |
| 2022-12-31 | CN¥6.25 | CN¥11.16 | x |
| 2023-12-31 | CN¥6.53 | CN¥11.16 | x |
| 2024-12-31 | CN¥5.65 | CN¥11.16 | x |
| 2025-12-31 | CN¥5.21 | CN¥11.16 | 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): -7.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.08%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.26x
- Recent ROE (-7.31%) is below the historical average (3.61%), 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% | 7.47% | 0.44x | 2.47x | CN¥-8.36 Million |
| 2014 | 13.20% | 12.00% | 0.45x | 2.43x | CN¥15.87 Million |
| 2015 | 10.55% | 12.51% | 0.44x | 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 |
| 2025 | -7.31% | -8.08% | 0.40x | 2.26x | CN¥-176.13 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: $881,686,866
- Average return on equity (ROE) among peers: 8.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lanzhou Zhuangyuan Pasture Co Ltd (002910) | CN¥991.37 Million | 13.74% | 1.32x | $318.79 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $291.81 Million | 10.51% | 2.30x | $1.48 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $950.88 Million | 15.12% | 0.66x | $395.53 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $522.63 Million | 10.67% | 0.38x | $270.86 Million |
| Hefei Fengle Seed Co Ltd (000713) | $574.87 Million | 11.73% | 1.50x | $665.79 Million |
| Luoniushan Co Ltd (000735) | $1.34 Billion | 1.52% | 0.62x | $854.31 Million |
| New Hope Liuhe Co Ltd (000876) | $2.41 Billion | 7.36% | 0.59x | $4.16 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $858.44 Million | 1.17% | 0.20x | $1.74 Billion |
| Dongrui Food Group Co Ltd (001201) | $326.81 Million | 2.47% | 0.90x | $410.04 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $585.62 Million | 19.17% | 0.10x | $438.44 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $951.86 Million | 9.78% | 0.64x | $1.09 Billion |
About Lanzhou Zhuangyuan Pasture Co Ltd
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