Zuming Bean Products Co Ltd (003030) - Net Assets
Based on the latest financial reports, Zuming Bean Products Co Ltd (003030) has net assets worth CN¥1.02 Billion CNY (≈ $149.11 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¥2.38 Billion ≈ $347.66 Million USD) and total liabilities (CN¥1.36 Billion ≈ $198.55 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 tangible equity quality of Zuming Bean Products Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.02 Billion |
| % of Total Assets | 42.89% |
| Annual Growth Rate | 12.5% |
| 5-Year Change | 0.7% |
| 10-Year Change | 187.85% |
| Growth Volatility | 25.72 |
Zuming Bean Products Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Zuming Bean Products Co Ltd's net assets have evolved over time, based on quarterly financial data. See 003030 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zuming Bean Products Co Ltd (2013–2025)
The table below shows the annual net assets of Zuming Bean Products Co Ltd from 2013 to 2025. For live valuation and market cap data, see how much is Zuming Bean Products Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.02 Billion ≈ $149.74 Million |
+0.52% |
| 2024-12-31 | CN¥1.02 Billion ≈ $148.97 Million |
-4.67% |
| 2023-12-31 | CN¥1.07 Billion ≈ $156.27 Million |
+3.00% |
| 2022-12-31 | CN¥1.04 Billion ≈ $151.72 Million |
+2.03% |
| 2021-12-31 | CN¥1.02 Billion ≈ $148.70 Million |
+2.47% |
| 2020-12-31 | CN¥991.68 Million ≈ $145.11 Million |
+96.64% |
| 2019-12-31 | CN¥504.30 Million ≈ $73.80 Million |
+19.08% |
| 2018-12-31 | CN¥423.49 Million ≈ $61.97 Million |
+13.36% |
| 2017-12-31 | CN¥373.59 Million ≈ $54.67 Million |
+5.09% |
| 2016-12-31 | CN¥355.50 Million ≈ $52.02 Million |
+18.60% |
| 2015-12-31 | CN¥299.76 Million ≈ $43.86 Million |
+13.37% |
| 2014-12-31 | CN¥264.42 Million ≈ $38.69 Million |
+6.17% |
| 2013-12-31 | CN¥249.05 Million ≈ $36.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zuming Bean Products 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 1385.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥328.83 Million | 32.62% |
| Other Components | CN¥679.30 Million | 67.38% |
| Total Equity | CN¥1.01 Billion | 100.00% |
Zuming Bean Products Co Ltd Competitors by Market Cap
The table below lists competitors of Zuming Bean Products Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AB Sagax (publ)
ST:SAGA-A
|
$418.56 Million |
|
Neurogene Inc
NASDAQ:NGNE
|
$418.59 Million |
|
Norske Skog Asa
OL:NSKOG
|
$418.70 Million |
|
African Gold Ltd
AU:A1G
|
$419.02 Million |
|
Zota Health Care LImited
NSE:ZOTA
|
$418.05 Million |
|
National Research Corp
NASDAQ:NRC
|
$417.83 Million |
|
China Railway Prefabricated Construction Co Ltd
SHE:300374
|
$417.78 Million |
|
BRBI BR Partners S.A. ADSs
NASDAQ:BRBI
|
$417.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zuming Bean Products Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,002,845,846 to 1,008,130,427, a change of 5,284,581 (0.5%).
- Net income of 25,295,792 contributed positively to equity growth.
- Dividend payments of 48,131,256 reduced retained earnings.
- Other comprehensive income decreased equity by 77,538,710.
- Other factors increased equity by 105,658,755.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.30 Million | +2.51% |
| Dividends Paid | CN¥48.13 Million | -4.77% |
| Other Comprehensive Income | CN¥-77.54 Million | -7.69% |
| Other Changes | CN¥105.66 Million | +10.48% |
| Total Change | CN¥- | 0.53% |
Book Value vs Market Value Analysis
This analysis compares Zuming Bean Products 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: 2.84x
- 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 8.26x to 2.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.77 | CN¥22.91 | x |
| 2014-12-31 | CN¥2.93 | CN¥22.91 | x |
| 2015-12-31 | CN¥3.23 | CN¥22.91 | x |
| 2016-12-31 | CN¥3.94 | CN¥22.91 | x |
| 2017-12-31 | CN¥3.96 | CN¥22.91 | x |
| 2018-12-31 | CN¥4.50 | CN¥22.91 | x |
| 2019-12-31 | CN¥5.37 | CN¥22.91 | x |
| 2020-12-31 | CN¥10.61 | CN¥22.91 | x |
| 2021-12-31 | CN¥8.21 | CN¥22.91 | x |
| 2022-12-31 | CN¥8.37 | CN¥22.91 | x |
| 2023-12-31 | CN¥8.35 | CN¥22.91 | x |
| 2024-12-31 | CN¥7.98 | CN¥22.91 | x |
| 2025-12-31 | CN¥8.08 | CN¥22.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zuming Bean Products 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): 2.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.25%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.23x
- Recent ROE (2.51%) is below the historical average (7.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.69% | 1.51% | 0.91x | 3.40x | CN¥-13.23 Million |
| 2014 | 5.81% | 1.97% | 0.89x | 3.33x | CN¥-11.08 Million |
| 2015 | 8.36% | 3.01% | 0.86x | 3.23x | CN¥-4.73 Million |
| 2016 | 10.42% | 4.35% | 0.94x | 2.55x | CN¥1.48 Million |
| 2017 | 11.11% | 4.81% | 0.92x | 2.50x | CN¥4.13 Million |
| 2018 | 15.10% | 6.81% | 0.92x | 2.40x | CN¥21.59 Million |
| 2019 | 17.88% | 8.61% | 1.02x | 2.03x | CN¥39.73 Million |
| 2020 | 10.18% | 8.24% | 0.78x | 1.59x | CN¥1.82 Million |
| 2021 | 5.48% | 4.17% | 0.79x | 1.67x | CN¥-45.90 Million |
| 2022 | 3.71% | 2.58% | 0.85x | 1.69x | CN¥-65.21 Million |
| 2023 | 3.83% | 2.74% | 0.73x | 1.92x | CN¥-65.13 Million |
| 2024 | -2.51% | -1.51% | 0.73x | 2.29x | CN¥-125.42 Million |
| 2025 | 2.51% | 1.25% | 0.90x | 2.23x | CN¥-75.52 Million |
Industry Comparison
This section compares Zuming Bean Products Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,024,359,158
- Average return on equity (ROE) among peers: 10.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zuming Bean Products Co Ltd (003030) | CN¥1.02 Billion | 4.69% | 1.33x | $418.32 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $365.34 Million | -3.53% | 0.71x | $992.25 Million |
| Hainan Pearl River Holdings Co Ltd (000505) | $536.51 Million | 31.33% | 0.36x | $515.34 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.02 Billion | 13.97% | 0.40x | $206.92 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.81 Billion | 2.87% | 0.29x | $473.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $812.31 Million | 2.77% | 0.38x | $400.45 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.36 Billion | 15.73% | 0.48x | $11.55 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $28.88 Million | 16.61% | 5.34x | $388.25 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.22 Billion | 11.05% | 0.49x | $599.98 Million |
| Qingdao Foods Co Ltd (001219) | $1.03 Billion | 9.49% | 0.12x | $351.80 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.06 Billion | 4.32% | 0.50x | $507.38 Million |
About Zuming Bean Products Co Ltd
Zuming Bean Products Group Corp. research, develops, produces, and sells soy products in China. The company offers fresh soy products, such as tofu, thousand sheets, vegetarian chicken, dried bean curd, and fried bean curd; plant protein drinks, including stand-up pouch soy milk, tetra pak soy milk, and bottled soy milk; leisure bean products, including leisure dried bean curd, leisure bean rolls… Read more