Gan Yuan Foods Co Ltd (002991) - Net Assets
Based on the latest financial reports, Gan Yuan Foods Co Ltd (002991) has net assets worth CN¥1.78 Billion CNY (≈ $260.28 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¥2.16 Billion ≈ $316.56 Million USD) and total liabilities (CN¥384.61 Million ≈ $56.28 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. Also explore Gan Yuan Foods Co Ltd asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.78 Billion |
| % of Total Assets | 82.22% |
| Annual Growth Rate | 23.79% |
| 5-Year Change | 18.57% |
| 10-Year Change | N/A |
| Growth Volatility | 54.54 |
Gan Yuan Foods Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Gan Yuan Foods Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Gan Yuan Foods Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Gan Yuan Foods Co Ltd (2016–2025)
The table below shows the annual net assets of Gan Yuan Foods Co Ltd from 2016 to 2025. For live valuation and market cap data, see Gan Yuan Foods Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.71 Billion ≈ $250.65 Million |
-0.11% |
| 2024-12-31 | CN¥1.71 Billion ≈ $250.93 Million |
+1.78% |
| 2023-12-31 | CN¥1.68 Billion ≈ $246.54 Million |
+11.88% |
| 2022-12-31 | CN¥1.51 Billion ≈ $220.36 Million |
+4.24% |
| 2021-12-31 | CN¥1.44 Billion ≈ $211.40 Million |
+1.67% |
| 2020-12-31 | CN¥1.42 Billion ≈ $207.93 Million |
+181.73% |
| 2019-12-31 | CN¥504.36 Million ≈ $73.80 Million |
+24.12% |
| 2018-12-31 | CN¥406.36 Million ≈ $59.46 Million |
+17.28% |
| 2017-12-31 | CN¥346.48 Million ≈ $50.70 Million |
+38.08% |
| 2016-12-31 | CN¥250.93 Million ≈ $36.72 Million |
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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 1087.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥746.89 Million | 43.60% |
| Other Components | CN¥966.26 Million | 56.40% |
| 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.
| Company | Market Cap |
|---|---|
|
Shuifa Energas Gas Co Ltd
SHG:603318
|
$589.14 Million |
|
Complete Logistic Services Bhd
KLSE:5136
|
$589.14 Million |
|
Chengdu M&S Electronics Technology Co Ltd
SHG:688311
|
$589.24 Million |
|
Wagners Holding Company Ltd
AU:WGN
|
$589.29 Million |
|
Zhejiang Damon Technology Co Ltd
SHG:688360
|
$588.95 Million |
|
Cineplex Inc.
TO:CGX
|
$588.57 Million |
|
Bioventus Inc
NASDAQ:BVS
|
$588.05 Million |
|
Lionco Pharm Grp Co Ltd
SHG:603669
|
$587.89 Million |
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 2024 to 2025, total equity changed from 1,714,823,885 to 1,713,156,814, a change of -1,667,071 (-0.1%).
- Net income of 208,434,887 contributed positively to equity growth.
- Dividend payments of 216,761,010 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥208.43 Million | +12.17% |
| Dividends Paid | CN¥216.76 Million | -12.65% |
| Other Changes | CN¥6.66 Million | +0.39% |
| Total Change | CN¥- | -0.10% |
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: 2.35x
- 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 11.78x to 2.35x 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¥43.19 | x |
| 2017-12-31 | CN¥5.08 | CN¥43.19 | x |
| 2018-12-31 | CN¥5.80 | CN¥43.19 | x |
| 2019-12-31 | CN¥7.21 | CN¥43.19 | x |
| 2020-12-31 | CN¥17.83 | CN¥43.19 | x |
| 2021-12-31 | CN¥15.51 | CN¥43.19 | x |
| 2022-12-31 | CN¥16.36 | CN¥43.19 | x |
| 2023-12-31 | CN¥18.33 | CN¥43.19 | x |
| 2024-12-31 | CN¥18.87 | CN¥43.19 | x |
| 2025-12-31 | CN¥18.38 | CN¥43.19 | 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): 12.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.95%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.26x
- Recent ROE (12.17%) is below the historical average (18.78%), suggesting potential challenges in 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 |
| 2025 | 12.17% | 9.95% | 0.97x | 1.26x | CN¥37.12 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: $2,239,193,400
- Average return on equity (ROE) among peers: -9.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gan Yuan Foods Co Ltd (002991) | CN¥1.78 Billion | 19.64% | 0.22x | $589.13 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $889.88 Million | 0.78% | 0.19x | $984.20 Million |
| Hainan Pearl River Holdings Co Ltd (000505) | $770.02 Million | 0.67% | 0.70x | $546.33 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $110.96 Million | 10.85% | 0.55x | $243.25 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.81 Billion | 2.87% | 0.29x | $518.90 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $811.32 Million | 0.67% | 0.20x | $432.04 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $13.71 Billion | 35.82% | 0.67x | $12.94 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $181.21 Million | -147.19% | 2.21x | $384.86 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $405.77 Million | 18.27% | 1.07x | $464.35 Million |
| Qingdao Foods Co Ltd (001219) | $923.11 Million | 9.90% | 0.10x | $354.66 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $2.78 Billion | -28.38% | 0.50x | $538.91 Million |
About Gan Yuan Foods Co Ltd
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