Jinzai Food Group Co Ltd (003000) - Net Assets
Based on the latest financial reports, Jinzai Food Group Co Ltd (003000) has net assets worth CN¥1.34 Billion CNY (≈ $196.45 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¥2.21 Billion ≈ $322.78 Million USD) and total liabilities (CN¥863.30 Million ≈ $126.33 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 Jinzai Food Group Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Jinzai Food Group Co Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 003000 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.43 Billion ≈ $209.31 Million |
+8.96% |
| 2023-12-31 | CN¥1.31 Billion ≈ $192.10 Million |
+33.79% |
| 2022-12-31 | CN¥981.25 Million ≈ $143.59 Million |
+10.25% |
| 2021-12-31 | CN¥890.03 Million ≈ $130.24 Million |
+2.52% |
| 2020-12-31 | CN¥868.12 Million ≈ $127.03 Million |
+34.68% |
| 2019-12-31 | CN¥644.56 Million ≈ $94.32 Million |
+11.09% |
| 2018-12-31 | CN¥580.19 Million ≈ $84.90 Million |
+14.32% |
| 2017-12-31 | CN¥507.52 Million ≈ $74.27 Million |
+31.92% |
| 2016-12-31 | CN¥384.71 Million ≈ $56.30 Million |
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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 |
|---|---|
|
Anhui Korrun Co Ltd
SHE:300577
|
$744.03 Million |
|
Tamboran Resources Corporation
AU:TBN
|
$744.06 Million |
|
Kuyas Yatirim AS
IS:KUYAS
|
$744.49 Million |
|
Danel (Adir Yeoshua) Ltd
TA:DANE
|
$744.79 Million |
|
Yiwu Huading Nylon Co Ltd
SHG:601113
|
$743.23 Million |
|
Gokul Agro Resources Limited
NSE:GOKULAGRO
|
$742.96 Million |
|
Chengdu Xinzhu Road&Bridge Machinery Co Ltd
SHE:002480
|
$742.85 Million |
|
Unionman Technology Co. Ltd. A
SHG:688609
|
$742.63 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: 3.56x
- 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 10.54x to 3.56x 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¥11.27 | x |
| 2017-12-31 | CN¥1.41 | CN¥11.27 | x |
| 2018-12-31 | CN¥1.61 | CN¥11.27 | x |
| 2019-12-31 | CN¥1.61 | CN¥11.27 | x |
| 2020-12-31 | CN¥2.17 | CN¥11.27 | x |
| 2021-12-31 | CN¥2.21 | CN¥11.27 | x |
| 2022-12-31 | CN¥2.41 | CN¥11.27 | x |
| 2023-12-31 | CN¥2.97 | CN¥11.27 | x |
| 2024-12-31 | CN¥3.16 | CN¥11.27 | 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: $603,020,681
- Average return on equity (ROE) among peers: 8.66%
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 | $743.59 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $1.01 Billion | 7.41% | 0.22x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $581.64 Million | 0.71% | 0.96x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.22 Billion | 9.64% | 0.53x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $138.53 Million | -4.55% | 4.80x | $566.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $272.30 Million | 36.10% | 1.40x | $498.43 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $780.28 Million | 7.22% | 0.51x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $-254.89 Million | 0.00% | 0.00x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $582.34 Million | 13.15% | 0.64x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $273.68 Million | 14.03% | 0.19x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.43 Billion | 2.91% | 0.85x | $587.64 Million |
About 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