Jinzai Food Group Co Ltd
Jinzai Food Group Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of snack foods in China and internationally. The company offers fish, soy, and poultry snack products, as well as deep-sea anchovies, quail eggs, dried tofu, dried meat, konjac, vegetarian meat, non-GMO soybeans, duck breast, and other agricultural and sideline products under Jin… Read more
Jinzai Food Group Co Ltd (003000) - Net Assets
Latest net assets as of September 2025: CN¥1.34 Billion CNY
Based on the latest financial reports, Jinzai Food Group Co Ltd (003000) has net assets worth CN¥1.34 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¥2.21 Billion) and total liabilities (CN¥863.30 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¥1.34 Billion |
| % of Total Assets | 60.86% |
| Annual Growth Rate | 17.84% |
| 5-Year Change | 64.77% |
| 10-Year Change | N/A |
| Growth Volatility | 12.05 |
Jinzai Food Group Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Jinzai Food Group 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 Jinzai Food Group Co Ltd (2016–2024)
The table below shows the annual net assets of Jinzai Food Group Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.43 Billion | +8.96% |
| 2023-12-31 | CN¥1.31 Billion | +33.79% |
| 2022-12-31 | CN¥981.25 Million | +10.25% |
| 2021-12-31 | CN¥890.03 Million | +2.52% |
| 2020-12-31 | CN¥868.12 Million | +34.68% |
| 2019-12-31 | CN¥644.56 Million | +11.09% |
| 2018-12-31 | CN¥580.19 Million | +14.32% |
| 2017-12-31 | CN¥507.52 Million | +31.92% |
| 2016-12-31 | CN¥384.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jinzai Food Group 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 1982.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥413.20 Million | 29.06% |
| Common Stock | CN¥450.92 Million | 31.71% |
| Other Components | CN¥557.77 Million | 39.23% |
| Total Equity | CN¥1.42 Billion | 100.00% |
Jinzai Food Group Co Ltd Competitors by Market Cap
The table below lists competitors of Jinzai Food Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dah Sing Banking Group Ltd
PINK:DHSBF
|
$355.61 Million |
|
Shanghai Yct Electronics Group Co.Ltd
SHE:301099
|
$355.74 Million |
|
Gold Fields Ltd
JSE:GFI
|
$356.05 Million |
|
International General Insurance Holdings Ltd
NASDAQ:IGIC
|
$356.05 Million |
|
Poly Plastic Masterbatch Suzhou Co
SHE:300905
|
$355.56 Million |
|
W olf Photoelectric Technology Ltd
SHE:002962
|
$355.46 Million |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
$355.42 Million |
|
Shanghai Material Trading Co Ltd A
SHG:600822
|
$355.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinzai Food Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,306,550,000 to 1,421,894,000, a change of 115,344,000 (8.8%).
- Net income of 291,326,000 contributed positively to equity growth.
- Dividend payments of 181,619,000 reduced retained earnings.
- Share repurchases of 22,512,293 reduced equity.
- Other factors increased equity by 28,149,293.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥291.33 Million | +20.49% |
| Dividends Paid | CN¥181.62 Million | -12.77% |
| Share Repurchases | CN¥22.51 Million | -1.58% |
| Other Changes | CN¥28.15 Million | +1.98% |
| Total Change | CN¥- | 8.83% |
Book Value vs Market Value Analysis
This analysis compares Jinzai Food Group 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: 3.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.94x to 3.36x 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¥1.07 | CN¥10.63 | x |
| 2017-12-31 | CN¥1.41 | CN¥10.63 | x |
| 2018-12-31 | CN¥1.61 | CN¥10.63 | x |
| 2019-12-31 | CN¥1.61 | CN¥10.63 | x |
| 2020-12-31 | CN¥2.17 | CN¥10.63 | x |
| 2021-12-31 | CN¥2.21 | CN¥10.63 | x |
| 2022-12-31 | CN¥2.41 | CN¥10.63 | x |
| 2023-12-31 | CN¥2.97 | CN¥10.63 | x |
| 2024-12-31 | CN¥3.16 | CN¥10.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinzai Food Group 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): 20.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.08%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.52x
- Recent ROE (20.49%) is above the historical average (14.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.72% | 6.52% | 0.73x | 1.42x | CN¥-12.61 Million |
| 2017 | 14.91% | 9.87% | 1.11x | 1.36x | CN¥24.91 Million |
| 2018 | 19.84% | 14.30% | 1.06x | 1.31x | CN¥57.11 Million |
| 2019 | 18.37% | 13.23% | 1.13x | 1.22x | CN¥53.96 Million |
| 2020 | 11.90% | 11.36% | 0.91x | 1.15x | CN¥16.47 Million |
| 2021 | 9.62% | 7.64% | 1.03x | 1.22x | CN¥-3.37 Million |
| 2022 | 12.88% | 8.52% | 1.13x | 1.34x | CN¥27.86 Million |
| 2023 | 16.04% | 10.15% | 1.14x | 1.39x | CN¥78.92 Million |
| 2024 | 20.49% | 12.08% | 1.11x | 1.52x | CN¥149.14 Million |
Industry Comparison
This section compares Jinzai Food Group Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,271,150,340
- Average return on equity (ROE) among peers: 17.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinzai Food Group Co Ltd (003000) | CN¥1.34 Billion | 6.72% | 0.64x | $355.58 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $296.34 Million | 13.18% | 0.58x | $322.05 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $135.06 Million | 5.79% | 0.97x | $334.27 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.74 Billion | 8.58% | 0.63x | $341.35 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $655.17 Million | 3.96% | 0.09x | $419.13 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.19 Billion | 12.06% | 0.42x | $3.99 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $425.35 Million | 6.38% | 1.44x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.82 Billion | 4.59% | 0.27x | $263.05 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.25 Billion | 12.64% | 0.11x | $161.52 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.57 Billion | -3.32% | 0.86x | $168.08 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.63 Billion | 107.55% | 0.66x | $445.69 Million |