Shenzhen Shenbao Industrial Co Ltd
Shenzhen Cereals Holdings Co.,Ltd. engages in the wholesale and retail, food processing and manufacturing, and leasing and commerce service businesses in the People's Republic of China and internationally. The company wholesales and retails rice, wheat, rice in the husk, corn, sorghum, cooking oil, and other grains and oil, as well as sells fine tea, beverages, and condiments. It also processed a… Read more
Shenzhen Shenbao Industrial Co Ltd (200019) - Net Assets
Latest net assets as of June 2025: HK$4.92 Billion HKD
Based on the latest financial reports, Shenzhen Shenbao Industrial Co Ltd (200019) has net assets worth HK$4.92 Billion HKD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$7.06 Billion) and total liabilities (HK$2.13 Billion). 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 | HK$4.92 Billion |
| % of Total Assets | 69.76% |
| Annual Growth Rate | 21.3% |
| 5-Year Change | 2.63% |
| 10-Year Change | N/A |
| Growth Volatility | 115.72 |
Shenzhen Shenbao Industrial Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Shenzhen Shenbao Industrial 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 Shenzhen Shenbao Industrial Co Ltd (2016–2024)
The table below shows the annual net assets of Shenzhen Shenbao Industrial Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$4.92 Billion | +0.81% |
| 2023-12-31 | HK$4.88 Billion | +1.02% |
| 2022-12-31 | HK$4.83 Billion | +2.89% |
| 2021-12-31 | HK$4.70 Billion | -2.05% |
| 2020-12-31 | HK$4.80 Billion | +3.72% |
| 2019-12-31 | HK$4.62 Billion | +6.59% |
| 2018-12-31 | HK$4.34 Billion | +350.35% |
| 2017-12-31 | HK$963.15 Million | -8.25% |
| 2016-12-31 | HK$1.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Shenbao Industrial 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 781.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$1.88 Billion | 38.17% |
| Other Components | HK$3.04 Billion | 61.83% |
| Total Equity | HK$4.92 Billion | 100.00% |
Shenzhen Shenbao Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Shenbao Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Basler Aktiengesellschaft
PINK:BSLAF
|
$138.75 Million |
|
Kencoa Aerospace Corporation
KQ:274090
|
$138.76 Million |
|
Beijing Jiaoda Signal Technology
SHE:300851
|
$138.78 Million |
|
Dune Acquisition Corporation II Class A Ordinary Shares
NASDAQ:IPOD
|
$138.78 Million |
|
PIERER Mobility AG
VI:PKTM
|
$138.63 Million |
|
Curiositystream Inc.
NASDAQ:CURI
|
$138.54 Million |
|
Adicon Holdings Limited
F:K0U
|
$138.53 Million |
|
PT Soho Global Health Tbk
JK:SOHO
|
$138.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Shenbao Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,828,491,503 to 4,919,674,143, a change of 91,182,639 (1.9%).
- Net income of 325,309,579 contributed positively to equity growth.
- Dividend payments of 258,068,059 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$325.31 Million | +6.61% |
| Dividends Paid | HK$258.07 Million | -5.25% |
| Other Changes | HK$23.94 Million | +0.49% |
| Total Change | HK$- | 1.89% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Shenbao Industrial 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: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.83x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | HK$1.91 | HK$3.48 | x |
| 2018-12-31 | HK$3.62 | HK$3.48 | x |
| 2019-12-31 | HK$3.84 | HK$3.48 | x |
| 2020-12-31 | HK$3.99 | HK$3.48 | x |
| 2021-12-31 | HK$4.02 | HK$3.48 | x |
| 2022-12-31 | HK$4.13 | HK$3.48 | x |
| 2023-12-31 | HK$4.19 | HK$3.48 | x |
| 2024-12-31 | HK$4.27 | HK$3.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Shenbao Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.05%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.57x
- Recent ROE (6.61%) is below the historical average (6.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.36% | 35.34% | 0.23x | 1.14x | HK$-6.56 Million |
| 2017 | -5.71% | -17.13% | 0.29x | 1.13x | HK$-148.79 Million |
| 2018 | 7.39% | 2.87% | 1.66x | 1.55x | HK$-108.92 Million |
| 2019 | 8.22% | 3.29% | 1.63x | 1.53x | HK$-78.57 Million |
| 2020 | 8.82% | 3.41% | 1.63x | 1.59x | HK$-54.44 Million |
| 2021 | 9.26% | 4.23% | 1.32x | 1.66x | HK$-34.31 Million |
| 2022 | 8.83% | 5.06% | 1.12x | 1.56x | HK$-55.55 Million |
| 2023 | 7.20% | 5.62% | 0.84x | 1.53x | HK$-135.11 Million |
| 2024 | 6.61% | 6.05% | 0.70x | 1.57x | HK$-166.66 Million |
Industry Comparison
This section compares Shenzhen Shenbao Industrial 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 |
|---|---|---|---|---|
| Shenzhen Shenbao Industrial Co Ltd (200019) | HK$4.92 Billion | 9.36% | 0.43x | $138.66 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 |