Anhui Gujing Distillery Co Ltd

SHE:200596 China Beverages - Wineries & Distilleries
Market Cap
$1.13 Billion
HK$8.82 Billion HKD
Market Cap Rank
#4453 Global
#454 in China
Share Price
HK$73.54
Change (1 day)
-0.42%
52-Week Range
HK$69.41 - HK$125.99
All Time High
HK$139.83
Categories
Companies in China Beverages - Wineries & Distilleries
About

Anhui Gujing Distillery Co., Ltd., together with its subsidiaries, engages in the production and sale of distilled wine in the People's Republic of China and internationally. The company primarily offers baijiu; and engages in machinery production, advertising, research and development, sewage processing, e-commerce, food testing, and construction activities. It is also involved in the manufactur… Read more

Anhui Gujing Distillery Co Ltd (200596) - Net Assets

Latest net assets as of June 2025: HK$26.31 Billion HKD

Based on the latest financial reports, Anhui Gujing Distillery Co Ltd (200596) has net assets worth HK$26.31 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$38.44 Billion) and total liabilities (HK$12.13 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$26.31 Billion
% of Total Assets 68.45%
Annual Growth Rate 16.38%
5-Year Change 145.9%
10-Year Change 431.55%
Growth Volatility 39.67

Anhui Gujing Distillery Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Anhui Gujing Distillery 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 Anhui Gujing Distillery Co Ltd (1995–2024)

The table below shows the annual net assets of Anhui Gujing Distillery Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 HK$25.69 Billion +14.63%
2023-12-31 HK$22.41 Billion +15.94%
2022-12-31 HK$19.33 Billion +12.06%
2021-12-31 HK$17.25 Billion +65.12%
2020-12-31 HK$10.45 Billion +10.78%
2019-12-31 HK$9.43 Billion +17.47%
2018-12-31 HK$8.03 Billion +17.37%
2017-12-31 HK$6.84 Billion +15.16%
2016-12-31 HK$5.94 Billion +22.90%
2015-12-31 HK$4.83 Billion +15.61%
2014-12-31 HK$4.18 Billion +11.71%
2013-12-31 HK$3.74 Billion +10.88%
2012-12-31 HK$3.38 Billion +22.25%
2011-12-31 HK$2.76 Billion +163.09%
2010-12-31 HK$1.05 Billion +29.89%
2009-12-31 HK$808.00 Million -8.50%
2008-12-31 HK$883.04 Million +4.04%
2007-12-31 HK$848.74 Million +2.89%
2006-12-31 HK$824.91 Million +1.80%
2005-12-31 HK$810.34 Million -10.55%
2004-12-31 HK$905.91 Million -24.86%
2003-12-31 HK$1.21 Billion +1.55%
2002-12-31 HK$1.19 Billion +2.02%
2001-12-31 HK$1.16 Billion +1.73%
2000-12-31 HK$1.14 Billion +9.04%
1999-12-31 HK$1.05 Billion +8.08%
1998-12-31 HK$970.68 Million +8.65%
1997-12-31 HK$893.40 Million +13.74%
1996-12-31 HK$785.49 Million +148.75%
1995-12-31 HK$315.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Anhui Gujing Distillery 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 74707.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings HK$17.64 Billion 71.54%
Common Stock HK$528.60 Million 2.14%
Other Components HK$6.49 Billion 26.32%
Total Equity HK$24.66 Billion 100.00%

Anhui Gujing Distillery Co Ltd Competitors by Market Cap

The table below lists competitors of Anhui Gujing Distillery Co Ltd ranked by their market capitalization.

Company Market Cap
AMMB Holdings Berhad
OTCGREY:AMMHF
 		$2.43 Billion
Radico Khaitan Limited
NSE:RADICO
 		$2.43 Billion
Central Depository Services (India) Limited
NSE:CDSL
 		$2.43 Billion
FLSmidth & Co. A/S
OTCGREY:FLIDF
 		$2.44 Billion
Insight Enterprises Inc
NASDAQ:NSIT
 		$2.43 Billion
Sapiens International Corporation NV
NASDAQ:SPNS
 		$2.43 Billion
Henan Pinggao Electric Co Ltd
SHG:600312
 		$2.43 Billion
Quilter plc
PINK:QUILF
 		$2.43 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Anhui Gujing Distillery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 21,525,309,609 to 24,657,023,779, a change of 3,131,714,170 (14.5%).
  • Net income of 5,517,251,073 contributed positively to equity growth.
  • Dividend payments of 2,392,838,604 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income HK$5.52 Billion +22.38%
Dividends Paid HK$2.39 Billion -9.7%
Other Changes HK$7.30 Million +0.03%
Total Change HK$- 14.55%

Book Value vs Market Value Analysis

This analysis compares Anhui Gujing Distillery 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: 1.58x
  • 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 112.71x to 1.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 HK$0.65 HK$73.54 x
1996-12-31 HK$1.60 HK$73.54 x
1997-12-31 HK$1.83 HK$73.54 x
1998-12-31 HK$1.98 HK$73.54 x
1999-12-31 HK$2.15 HK$73.54 x
2000-12-31 HK$2.31 HK$73.54 x
2001-12-31 HK$2.35 HK$73.54 x
2002-12-31 HK$2.40 HK$73.54 x
2003-12-31 HK$2.44 HK$73.54 x
2004-12-31 HK$1.87 HK$73.54 x
2005-12-31 HK$1.67 HK$73.54 x
2006-12-31 HK$1.85 HK$73.54 x
2007-12-31 HK$1.75 HK$73.54 x
2008-12-31 HK$1.84 HK$73.54 x
2009-12-31 HK$1.73 HK$73.54 x
2010-12-31 HK$2.24 HK$73.54 x
2011-12-31 HK$5.70 HK$73.54 x
2012-12-31 HK$6.70 HK$73.54 x
2013-12-31 HK$7.46 HK$73.54 x
2014-12-31 HK$8.33 HK$73.54 x
2015-12-31 HK$9.59 HK$73.54 x
2016-12-31 HK$11.13 HK$73.54 x
2017-12-31 HK$12.82 HK$73.54 x
2018-12-31 HK$15.11 HK$73.54 x
2019-12-31 HK$17.78 HK$73.54 x
2020-12-31 HK$19.93 HK$73.54 x
2021-12-31 HK$32.03 HK$73.54 x
2022-12-31 HK$35.06 HK$73.54 x
2023-12-31 HK$40.71 HK$73.54 x
2024-12-31 HK$46.66 HK$73.54 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Anhui Gujing Distillery 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): 22.38%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 23.40%
  • • Asset Turnover: 0.58x
  • • Equity Multiplier: 1.64x
  • Recent ROE (22.38%) is above the historical average (14.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 46.57% 19.19% 1.28x 1.90x HK$115.47 Million
1996 22.42% 18.29% 0.67x 1.84x HK$96.41 Million
1997 21.50% 19.80% 0.64x 1.69x HK$101.69 Million
1998 14.69% 16.24% 0.56x 1.62x HK$45.04 Million
1999 14.33% 16.73% 0.58x 1.48x HK$45.03 Million
2000 13.17% 16.07% 0.58x 1.42x HK$35.43 Million
2001 5.90% 8.30% 0.53x 1.34x HK$-46.68 Million
2002 4.05% 8.94% 0.34x 1.35x HK$-69.10 Million
2003 1.73% 3.66% 0.36x 1.32x HK$-97.89 Million
2004 -19.86% -30.06% 0.41x 1.63x HK$-269.80 Million
2005 0.63% 0.78% 0.49x 1.65x HK$-75.72 Million
2006 1.60% 1.43% 0.67x 1.67x HK$-68.99 Million
2007 4.01% 2.82% 0.87x 1.64x HK$-50.67 Million
2008 3.93% 2.51% 0.91x 1.73x HK$-53.41 Million
2009 17.34% 10.44% 1.00x 1.66x HK$59.29 Million
2010 29.90% 16.70% 1.01x 1.77x HK$208.81 Million
2011 20.51% 17.12% 0.78x 1.54x HK$290.28 Million
2012 21.50% 17.29% 0.79x 1.57x HK$388.04 Million
2013 16.62% 13.58% 0.79x 1.55x HK$247.73 Million
2014 14.28% 12.84% 0.73x 1.53x HK$178.94 Million
2015 14.80% 13.62% 0.73x 1.49x HK$232.21 Million
2016 14.83% 13.79% 0.69x 1.56x HK$270.12 Million
2017 17.78% 16.49% 0.69x 1.57x HK$502.83 Million
2018 22.30% 19.52% 0.69x 1.65x HK$935.03 Million
2019 23.45% 20.14% 0.75x 1.55x HK$1.20 Billion
2020 18.47% 18.02% 0.68x 1.51x HK$850.25 Million
2021 13.90% 17.32% 0.52x 1.54x HK$644.16 Million
2022 16.97% 18.81% 0.56x 1.61x HK$1.29 Billion
2023 21.32% 22.66% 0.57x 1.65x HK$2.44 Billion
2024 22.38% 23.40% 0.58x 1.64x HK$3.05 Billion

Industry Comparison

This section compares Anhui Gujing Distillery Co Ltd's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.

Industry Context

  • Industry: Beverages - Wineries & Distilleries
  • Average net assets among peers: $8,732,320,719
  • Average return on equity (ROE) among peers: 15.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Anhui Gujing Distillery Co Ltd (200596) HK$26.31 Billion 46.57% 0.46x $2.43 Billion
Luzhou Lao Jiao Co Ltd (000568) $235.40 Million 25.02% 1.14x $10.63 Billion
Jiugui Liquor Co Ltd (000799) $4.15 Billion 25.26% 0.41x $1.44 Billion
Wuliangye Yibin Co Ltd (000858) $3.19 Billion 24.07% 0.44x $24.90 Billion
Beijing Shunxin Agriculture Co Ltd (000860) $7.46 Billion 10.85% 1.95x $880.58 Million
Yantai Changyu Pioneer Wine Co Ltd (000869) $1.44 Billion 7.71% 0.27x $860.99 Million
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) $52.05 Billion 19.24% 0.34x $3.60 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568) $4.70 Billion 15.31% 0.73x $1.25 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646) $2.80 Billion 3.20% 0.19x $324.05 Million
Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) $2.56 Billion 12.49% 0.62x $218.25 Million