Gan Yuan Foods Co Ltd

SHE:002991 China Packaged Foods
Market Cap
$675.50 Million
CN¥4.96 Billion CNY
Market Cap Rank
#14065 Global
#3667 in China
Share Price
CN¥53.17
Change (1 day)
-0.32%
52-Week Range
CN¥52.81 - CN¥83.00
All Time High
CN¥135.02
About

Ganyuan Foods Co., Ltd. engages in the research and development, production, and sales of snack foods in China. It offers green peas, melon seeds, broad beans, seasoned nuts, beans, rice crackers, potato chips, snow cakes, rice cakes, peanuts, and other snack foods; nuts, puffed foods, biscuits, candies and preserves, marinated products, bread and pastries, and other categories; as well as grains… Read more

Gan Yuan Foods Co Ltd (002991) - Net Assets

Latest net assets as of September 2025: CN¥1.66 Billion CNY

Based on the latest financial reports, Gan Yuan Foods Co Ltd (002991) has net assets worth CN¥1.66 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¥2.14 Billion) and total liabilities (CN¥479.98 Million). 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¥1.66 Billion
% of Total Assets 77.58%
Annual Growth Rate 27.16%
5-Year Change 20.68%
10-Year Change N/A
Growth Volatility 56.64

Gan Yuan Foods Co Ltd - Net Assets Trend (2016–2024)

This chart illustrates how Gan Yuan 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 Gan Yuan Foods Co Ltd (2016–2024)

The table below shows the annual net assets of Gan Yuan Foods Co Ltd from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.71 Billion +1.78%
2023-12-31 CN¥1.68 Billion +11.88%
2022-12-31 CN¥1.51 Billion +4.24%
2021-12-31 CN¥1.44 Billion +1.67%
2020-12-31 CN¥1.42 Billion +181.73%
2019-12-31 CN¥504.36 Million +24.12%
2018-12-31 CN¥406.36 Million +17.28%
2017-12-31 CN¥346.48 Million +38.08%
2016-12-31 CN¥250.93 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gan Yuan 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 1100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥755.03 Million 44.03%
Common Stock CN¥93.22 Million 5.44%
Other Components CN¥866.58 Million 50.53%
Total Equity CN¥1.71 Billion 100.00%

Gan Yuan Foods Co Ltd Competitors by Market Cap

The table below lists competitors of Gan Yuan Foods Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gan Yuan Foods Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,684,817,478 to 1,714,823,885, a change of 30,006,407 (1.8%).
  • Net income of 376,190,408 contributed positively to equity growth.
  • Dividend payments of 296,791,005 reduced retained earnings.
  • Share repurchases of 72,021,616 reduced equity.
  • Other factors increased equity by 22,628,620.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥376.19 Million +21.94%
Dividends Paid CN¥296.79 Million -17.31%
Share Repurchases CN¥72.02 Million -4.2%
Other Changes CN¥22.63 Million +1.32%
Total Change CN¥- 1.78%

Book Value vs Market Value Analysis

This analysis compares Gan Yuan 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: 2.82x
  • 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 14.50x to 2.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 CN¥3.67 CN¥53.17 x
2017-12-31 CN¥5.08 CN¥53.17 x
2018-12-31 CN¥5.80 CN¥53.17 x
2019-12-31 CN¥7.26 CN¥53.17 x
2020-12-31 CN¥15.24 CN¥53.17 x
2021-12-31 CN¥15.71 CN¥53.17 x
2022-12-31 CN¥16.38 CN¥53.17 x
2023-12-31 CN¥18.33 CN¥53.17 x
2024-12-31 CN¥18.87 CN¥53.17 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gan Yuan 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): 21.94%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.67%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 1.32x
  • Recent ROE (21.94%) is above the historical average (19.51%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 19.64% 6.96% 1.66x 1.70x CN¥24.19 Million
2017 17.93% 7.89% 1.57x 1.45x CN¥27.48 Million
2018 29.50% 13.15% 1.33x 1.68x CN¥79.24 Million
2019 33.31% 15.15% 1.29x 1.71x CN¥117.56 Million
2020 12.62% 15.29% 0.67x 1.24x CN¥37.18 Million
2021 10.64% 11.87% 0.71x 1.26x CN¥9.19 Million
2022 10.51% 10.91% 0.72x 1.33x CN¥7.75 Million
2023 19.53% 17.81% 0.88x 1.24x CN¥160.58 Million
2024 21.94% 16.67% 0.99x 1.32x CN¥204.71 Million

Industry Comparison

This section compares Gan Yuan 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
Gan Yuan Foods Co Ltd (002991) CN¥1.66 Billion 19.64% 0.29x $239.16 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