Anhui Gujing Distillery Co Ltd (200596) - Net Assets

Latest as of March 2026: HK$27.23 Billion HKD ≈ $3.48 Billion USD

Based on the latest financial reports, Anhui Gujing Distillery Co Ltd (200596) has net assets worth HK$27.23 Billion HKD (≈ $3.48 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$40.62 Billion ≈ $5.19 Billion USD) and total liabilities (HK$13.39 Billion ≈ $1.71 Billion 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 200596 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	HK$27.23 Billion
% of Total Assets	67.03%
Annual Growth Rate	15.85%
5-Year Change	51.3%
10-Year Change	339.41%
Growth Volatility	39.16

Anhui Gujing Distillery Co Ltd - Net Assets Trend (1995–2025)

This chart illustrates how Anhui Gujing Distillery Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Anhui Gujing Distillery Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Anhui Gujing Distillery Co Ltd (1995–2025)

The table below shows the annual net assets of Anhui Gujing Distillery Co Ltd from 1995 to 2025. For live valuation and market cap data, see how much is Anhui Gujing Distillery Co Ltd worth.

Year	Net Assets	Change
2025-12-31	HK$26.10 Billion ≈ $3.33 Billion	+1.60%
2024-12-31	HK$25.69 Billion ≈ $3.28 Billion	+14.63%
2023-12-31	HK$22.41 Billion ≈ $2.86 Billion	+15.94%
2022-12-31	HK$19.33 Billion ≈ $2.47 Billion	+12.06%
2021-12-31	HK$17.25 Billion ≈ $2.20 Billion	+65.12%
2020-12-31	HK$10.45 Billion ≈ $1.33 Billion	+10.78%
2019-12-31	HK$9.43 Billion ≈ $1.20 Billion	+17.47%
2018-12-31	HK$8.03 Billion ≈ $1.03 Billion	+17.37%
2017-12-31	HK$6.84 Billion ≈ $873.30 Million	+15.16%
2016-12-31	HK$5.94 Billion ≈ $758.36 Million	+22.90%
2015-12-31	HK$4.83 Billion ≈ $617.04 Million	+15.61%
2014-12-31	HK$4.18 Billion ≈ $533.73 Million	+11.71%
2013-12-31	HK$3.74 Billion ≈ $477.78 Million	+10.88%
2012-12-31	HK$3.38 Billion ≈ $430.89 Million	+22.25%
2011-12-31	HK$2.76 Billion ≈ $352.47 Million	+163.09%
2010-12-31	HK$1.05 Billion ≈ $133.97 Million	+29.89%
2009-12-31	HK$808.00 Million ≈ $103.14 Million	-8.50%
2008-12-31	HK$883.04 Million ≈ $112.72 Million	+4.04%
2007-12-31	HK$848.74 Million ≈ $108.34 Million	+2.89%
2006-12-31	HK$824.91 Million ≈ $105.30 Million	+1.80%
2005-12-31	HK$810.34 Million ≈ $103.44 Million	-10.55%
2004-12-31	HK$905.91 Million ≈ $115.64 Million	-24.86%
2003-12-31	HK$1.21 Billion ≈ $153.90 Million	+1.55%
2002-12-31	HK$1.19 Billion ≈ $151.56 Million	+2.02%
2001-12-31	HK$1.16 Billion ≈ $148.55 Million	+1.73%
2000-12-31	HK$1.14 Billion ≈ $146.02 Million	+9.04%
1999-12-31	HK$1.05 Billion ≈ $133.92 Million	+8.08%
1998-12-31	HK$970.68 Million ≈ $123.91 Million	+8.65%
1997-12-31	HK$893.40 Million ≈ $114.05 Million	+13.74%
1996-12-31	HK$785.49 Million ≈ $100.27 Million	+148.75%
1995-12-31	HK$315.78 Million ≈ $40.31 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 76308.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	HK$18.02 Billion	71.92%
Other Components	HK$7.03 Billion	28.08%
Total Equity	HK$25.05 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
Lighthouse Capital Ltd JSE:LTE	$825.61 Million
Blue Sail Medical Co Ltd SHE:002382	$825.68 Million
Sheela Foam Limited NSE:SFL	$825.85 Million
Shenzhen Infinova Ltd SHE:002528	$826.15 Million
Jastrzebska Spotka Weglowa SA WAR:JSW	$825.28 Million
Siteminder Ltd AU:SDR	$825.24 Million
IRB-Brasil Resseguros S.A. SA:IRBR3	$825.15 Million
Shanghai Kelai Mechatronics SHG:603960	$824.91 Million

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 2024 to 2025, total equity changed from 24,657,023,779 to 25,050,216,942, a change of 393,193,163 (1.6%).
Net income of 3,549,108,530 contributed positively to equity growth.
Dividend payments of 3,180,359,076 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	HK$3.55 Billion	+14.17%
Dividends Paid	HK$3.18 Billion	-12.7%
Other Changes	HK$24.44 Million	+0.1%
Total Change	HK$-	1.59%

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: 1.14x
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 82.59x to 1.14x 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$53.89	x
1996-12-31	HK$1.60	HK$53.89	x
1997-12-31	HK$1.83	HK$53.89	x
1998-12-31	HK$1.98	HK$53.89	x
1999-12-31	HK$2.15	HK$53.89	x
2000-12-31	HK$2.31	HK$53.89	x
2001-12-31	HK$2.35	HK$53.89	x
2002-12-31	HK$2.40	HK$53.89	x
2003-12-31	HK$2.44	HK$53.89	x
2004-12-31	HK$1.87	HK$53.89	x
2005-12-31	HK$1.67	HK$53.89	x
2006-12-31	HK$1.85	HK$53.89	x
2007-12-31	HK$1.75	HK$53.89	x
2008-12-31	HK$1.84	HK$53.89	x
2009-12-31	HK$1.73	HK$53.89	x
2010-12-31	HK$2.24	HK$53.89	x
2011-12-31	HK$5.70	HK$53.89	x
2012-12-31	HK$6.70	HK$53.89	x
2013-12-31	HK$7.46	HK$53.89	x
2014-12-31	HK$8.33	HK$53.89	x
2015-12-31	HK$9.59	HK$53.89	x
2016-12-31	HK$11.13	HK$53.89	x
2017-12-31	HK$12.82	HK$53.89	x
2018-12-31	HK$15.11	HK$53.89	x
2019-12-31	HK$17.78	HK$53.89	x
2020-12-31	HK$19.93	HK$53.89	x
2021-12-31	HK$32.03	HK$53.89	x
2022-12-31	HK$35.06	HK$53.89	x
2023-12-31	HK$40.71	HK$53.89	x
2024-12-31	HK$46.66	HK$53.89	x
2025-12-31	HK$47.39	HK$53.89	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): 14.17%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.85%
• Asset Turnover: 0.49x
• Equity Multiplier: 1.52x
Recent ROE (14.17%) is below the historical average (14.68%), suggesting potential challenges in 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
2025	14.17%	18.85%	0.49x	1.52x	HK$1.04 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: $22,910,430,386
Average return on equity (ROE) among peers: 13.27%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Anhui Gujing Distillery Co Ltd (200596)	HK$27.23 Billion	46.57%	0.49x	$825.51 Million
Luzhou Lao Jiao Co Ltd (000568)	$1.29 Billion	5.66%	0.67x	$17.43 Billion
Anhui Gujing Distillery Co Ltd (000596)	$3.38 Billion	21.50%	0.57x	$4.89 Billion
Jiugui Liquor Co Ltd (000799)	$577.01 Million	10.82%	1.28x	$1.87 Billion
Wuliangye Yibin Co Ltd (000858)	$132.35 Billion	22.83%	0.25x	$43.08 Billion
Beijing Shunxin Agriculture Co Ltd (000860)	$7.05 Billion	3.28%	1.13x	$1.09 Billion
Yantai Changyu Pioneer Wine Co Ltd (000869)	$6.06 Billion	28.07%	0.34x	$1.12 Billion
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304)	$52.05 Billion	19.24%	0.34x	$9.04 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568)	$640.01 Million	6.54%	0.02x	$2.54 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646)	$2.80 Billion	1.51%	0.20x	$462.02 Million

About Anhui Gujing Distillery Co Ltd

SHE:200596 China Beverages - Wineries & Distilleries

Market Cap

$825.51 Million

HK$6.47 Billion HKD

Market Cap Rank

#9921 Global

#2649 in China

Share Price

HK$53.89

Change (1 day)

-0.79%

52-Week Range

HK$53.89 - HK$112.47

All Time High

HK$139.83