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¥1.04 Billion CNY (≈ $152.76 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¥2.32 Billion ≈ $340.00 Million USD) and total liabilities (CN¥1.28 Billion ≈ $187.23 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 002910 total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 002910 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 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.
| Company | Market Cap |
|---|---|
|
Northeast Community Bancorp Inc
NASDAQ:NECB
|
$323.10 Million |
|
Jeju Bank
KO:006220
|
$323.27 Million |
|
Corem Property Group AB (publ)
ST:CORE-PREF
|
$323.33 Million |
|
ST George Mining Ltd
AU:SGQ
|
$323.44 Million |
|
Jiangsu GDK Biotechnology Co Ltd
SHG:688670
|
$323.06 Million |
|
Doosan Co Ltd
KO:000157
|
$323.04 Million |
|
Telos Corp
NASDAQ:TLS
|
$322.93 Million |
|
Firma Oponiarska DĘBICA SA
WAR:DBC
|
$322.89 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 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 166,208,346 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 35,479,178.
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: 2.00x
- 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 2.99x to 2.00x 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¥11.31 | x |
| 2013-12-31 | CN¥4.10 | CN¥11.31 | x |
| 2014-12-31 | CN¥4.70 | CN¥11.31 | x |
| 2015-12-31 | CN¥6.15 | CN¥11.31 | x |
| 2016-12-31 | CN¥5.41 | CN¥11.31 | x |
| 2017-12-31 | CN¥7.59 | CN¥11.31 | x |
| 2018-12-31 | CN¥6.34 | CN¥11.31 | x |
| 2019-12-31 | CN¥6.45 | CN¥11.31 | x |
| 2020-12-31 | CN¥7.61 | CN¥11.31 | x |
| 2021-12-31 | CN¥7.05 | CN¥11.31 | x |
| 2022-12-31 | CN¥6.25 | CN¥11.31 | x |
| 2023-12-31 | CN¥6.53 | CN¥11.31 | x |
| 2024-12-31 | CN¥5.65 | CN¥11.31 | 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% | 7.47% | 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 |
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: $982,852,552
- Average return on equity (ROE) among peers: 6.23%
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 | $323.07 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $-382.25K | 0.00% | 0.00x | $1.14 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $1.15 Billion | 6.52% | 0.26x | $483.52 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $522.63 Million | 10.67% | 0.38x | $361.65 Million |
| Hefei Fengle Seed Co Ltd (000713) | $1.39 Billion | 1.54% | 0.49x | $759.23 Million |
| Luoniushan Co Ltd (000735) | $418.09 Million | 11.68% | 0.34x | $1.11 Billion |
| New Hope Liuhe Co Ltd (000876) | $458.73 Million | 12.53% | 0.08x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $2.02 Billion | 17.92% | 1.03x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $140.85 Million | -19.04% | 1.66x | $499.06 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $585.62 Million | 19.17% | 0.10x | $552.18 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.14 Billion | 1.32% | 0.17x | $1.32 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