Winall Hi tech Seed (300087) - Net Assets
Based on the latest financial reports, Winall Hi tech Seed (300087) has net assets worth CN¥2.55 Billion CNY (≈ $373.72 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.78 Billion ≈ $991.70 Million USD) and total liabilities (CN¥4.22 Billion ≈ $617.98 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 300087 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.55 Billion |
| % of Total Assets | 37.69% |
| Annual Growth Rate | 29.67% |
| 5-Year Change | 195.53% |
| 10-Year Change | 233.6% |
| Growth Volatility | 125.26 |
Winall Hi tech Seed - Net Assets Trend (2007–2024)
This chart illustrates how Winall Hi tech Seed's net assets have evolved over time, based on quarterly financial data. Also explore 300087 total assets for the complete picture of this company's asset base.
Annual Net Assets for Winall Hi tech Seed (2007–2024)
The table below shows the annual net assets of Winall Hi tech Seed from 2007 to 2024. For live valuation and market cap data, see market cap of Winall Hi tech Seed.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.62 Billion ≈ $383.69 Million |
+1.53% |
| 2023-12-31 | CN¥2.58 Billion ≈ $377.90 Million |
+17.76% |
| 2022-12-31 | CN¥2.19 Billion ≈ $320.92 Million |
+32.84% |
| 2021-12-31 | CN¥1.65 Billion ≈ $241.59 Million |
+86.08% |
| 2020-12-31 | CN¥887.25 Million ≈ $129.83 Million |
+37.72% |
| 2019-12-31 | CN¥644.23 Million ≈ $94.27 Million |
-38.95% |
| 2018-12-31 | CN¥1.06 Billion ≈ $154.42 Million |
+8.49% |
| 2017-12-31 | CN¥972.70 Million ≈ $142.34 Million |
+11.17% |
| 2016-12-31 | CN¥874.95 Million ≈ $128.03 Million |
+11.32% |
| 2015-12-31 | CN¥785.98 Million ≈ $115.01 Million |
+7.87% |
| 2014-12-31 | CN¥728.61 Million ≈ $106.62 Million |
+0.79% |
| 2013-12-31 | CN¥722.87 Million ≈ $105.78 Million |
+5.66% |
| 2012-12-31 | CN¥684.13 Million ≈ $100.11 Million |
+6.20% |
| 2011-12-31 | CN¥644.21 Million ≈ $94.27 Million |
+14.28% |
| 2010-12-31 | CN¥563.70 Million ≈ $82.49 Million |
+538.70% |
| 2009-12-31 | CN¥88.26 Million ≈ $12.91 Million |
+57.00% |
| 2008-12-31 | CN¥56.22 Million ≈ $8.23 Million |
+77.62% |
| 2007-12-31 | CN¥31.65 Million ≈ $4.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Winall Hi tech Seed'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 4163.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥796.13 Million | 40.44% |
| Other Components | CN¥1.17 Billion | 59.56% |
| Total Equity | CN¥1.97 Billion | 100.00% |
Winall Hi tech Seed Competitors by Market Cap
The table below lists competitors of Winall Hi tech Seed ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai AJ Group Co Ltd
SHG:600643
|
$1.16 Billion |
|
CSG Holding Co Ltd
SHE:000012
|
$1.16 Billion |
|
Dometic Group AB (publ)
ST:DOM
|
$1.16 Billion |
|
Stepan Company
NYSE:SCL
|
$1.16 Billion |
|
ROMANDE ENERGIE SA
SW:REHN
|
$1.15 Billion |
|
NCC Limited
NSE:NCC
|
$1.15 Billion |
|
Meren Energy
ST:MER
|
$1.15 Billion |
|
Strides Pharma Science Limited
NSE:STAR
|
$1.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winall Hi tech Seed's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,949,150,988 to 1,968,875,176, a change of 19,724,187 (1.0%).
- Net income of 114,405,261 contributed positively to equity growth.
- Dividend payments of 144,109,354 reduced retained earnings.
- Other factors increased equity by 49,428,281.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.41 Million | +5.81% |
| Dividends Paid | CN¥144.11 Million | -7.32% |
| Other Changes | CN¥49.43 Million | +2.51% |
| Total Change | CN¥- | 1.01% |
Book Value vs Market Value Analysis
This analysis compares Winall Hi tech Seed'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: 4.01x
- 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 4.78x to 4.01x 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 | CN¥1.74 | CN¥8.33 | x |
| 2018-12-31 | CN¥1.86 | CN¥8.33 | x |
| 2019-12-31 | CN¥1.12 | CN¥8.33 | x |
| 2020-12-31 | CN¥1.57 | CN¥8.33 | x |
| 2021-12-31 | CN¥3.02 | CN¥8.33 | x |
| 2022-12-31 | CN¥2.54 | CN¥8.33 | x |
| 2023-12-31 | CN¥2.06 | CN¥8.33 | x |
| 2024-12-31 | CN¥2.08 | CN¥8.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winall Hi tech Seed 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): 5.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.43%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.89x
- Recent ROE (5.81%) is below the historical average (14.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 45.87% | 16.33% | 1.20x | 2.33x | CN¥11.21 Million |
| 2008 | 43.96% | 20.05% | 0.96x | 2.29x | CN¥18.94 Million |
| 2009 | 38.67% | 20.68% | 0.84x | 2.22x | CN¥25.08 Million |
| 2010 | 5.93% | 18.18% | 0.29x | 1.12x | CN¥-22.45 Million |
| 2011 | 3.86% | 7.72% | 0.31x | 1.59x | CN¥-34.28 Million |
| 2012 | 3.95% | 5.53% | 0.41x | 1.76x | CN¥-34.41 Million |
| 2013 | 1.34% | 1.66% | 0.46x | 1.73x | CN¥-50.19 Million |
| 2014 | 0.92% | 1.18% | 0.42x | 1.84x | CN¥-51.64 Million |
| 2015 | 3.69% | 3.64% | 0.55x | 1.85x | CN¥-37.80 Million |
| 2016 | 4.65% | 4.05% | 0.53x | 2.17x | CN¥-35.31 Million |
| 2017 | 8.48% | 6.59% | 0.60x | 2.16x | CN¥-11.18 Million |
| 2018 | 8.53% | 7.51% | 0.48x | 2.38x | CN¥-11.75 Million |
| 2019 | 19.64% | 8.20% | 0.67x | 3.59x | CN¥46.42 Million |
| 2020 | 19.76% | 8.33% | 0.65x | 3.66x | CN¥65.92 Million |
| 2021 | 12.31% | 6.71% | 0.71x | 2.58x | CN¥31.70 Million |
| 2022 | 13.60% | 6.68% | 0.69x | 2.96x | CN¥61.80 Million |
| 2023 | 14.05% | 6.67% | 0.61x | 3.44x | CN¥78.95 Million |
| 2024 | 5.81% | 2.43% | 0.62x | 3.89x | CN¥-82.48 Million |
Industry Comparison
This section compares Winall Hi tech Seed's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,245,542,310
- Average return on equity (ROE) among peers: 6.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winall Hi tech Seed (300087) | CN¥2.55 Billion | 45.87% | 1.65x | $1.15 Billion |
| ShenZhen Kondarl Group Co Ltd (000048) | $77.54 Million | 12.85% | 15.15x | $1.17 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $-167.97 Million | 0.00% | 0.00x | $484.37 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $423.88 Million | 2.68% | 0.95x | $355.56 Million |
| Hefei Fengle Seed Co Ltd (000713) | $426.90 Million | 12.00% | 0.60x | $752.22 Million |
| Luoniushan Co Ltd (000735) | $182.12 Million | 17.91% | 0.39x | $1.10 Billion |
| New Hope Liuhe Co Ltd (000876) | $458.73 Million | 12.53% | 0.08x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $6.29 Billion | 1.84% | 1.20x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $3.51 Billion | -14.72% | 0.74x | $497.17 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $565.47 Million | 24.00% | 0.31x | $558.39 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $694.16 Million | 0.82% | 0.25x | $1.30 Billion |
About Winall Hi tech Seed
Winall Hi-tech Seed Co., Ltd. researches, develops, breeds, promotes, and services various crop seeds in China. The company offers rice, corn, wheat, cotton, rapeseed, watermelon, pumpkin vegetable, and other crop seeds. It also exports its products to approximately 20 countries and regions. The company was founded in 2002 and is based in Hefei, China.