Hainan Shennong Technology Co Ltd
Hainan Shennong Seed Industry Technology Co., Ltd. engages in the breeding, production, and sale of hybrid rice seeds in China. The company offers fertilizer; smart agricultural management; primary processing of edible agricultural products; retail of edible agricultural products; comprehensive utilization of fishery processing waste; sales of animal husbandry and fishery feed; wholesale of edibl… Read more
Hainan Shennong Technology Co Ltd (300189) - Net Assets
Latest net assets as of June 2025: CN¥795.55 Million CNY
Based on the latest financial reports, Hainan Shennong Technology Co Ltd (300189) has net assets worth CN¥795.55 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.19 Billion) and total liabilities (CN¥398.78 Million). 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 | CN¥795.55 Million |
| % of Total Assets | 66.61% |
| Annual Growth Rate | 16.37% |
| 5-Year Change | -20.3% |
| 10-Year Change | -60.82% |
| Growth Volatility | 89.06 |
Hainan Shennong Technology Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Hainan Shennong Technology 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 Hainan Shennong Technology Co Ltd (2007–2024)
The table below shows the annual net assets of Hainan Shennong Technology Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥803.98 Million | -6.10% |
| 2023-12-31 | CN¥856.22 Million | -3.68% |
| 2022-12-31 | CN¥888.92 Million | -6.62% |
| 2021-12-31 | CN¥951.93 Million | -5.63% |
| 2020-12-31 | CN¥1.01 Billion | -3.45% |
| 2019-12-31 | CN¥1.04 Billion | -25.83% |
| 2018-12-31 | CN¥1.41 Billion | -31.62% |
| 2017-12-31 | CN¥2.06 Billion | -1.56% |
| 2016-12-31 | CN¥2.09 Billion | +1.97% |
| 2015-12-31 | CN¥2.05 Billion | +52.87% |
| 2014-12-31 | CN¥1.34 Billion | -8.37% |
| 2013-12-31 | CN¥1.47 Billion | +2.06% |
| 2012-12-31 | CN¥1.44 Billion | +11.14% |
| 2011-12-31 | CN¥1.29 Billion | +260.32% |
| 2010-12-31 | CN¥358.47 Million | +21.47% |
| 2009-12-31 | CN¥295.11 Million | +26.19% |
| 2008-12-31 | CN¥233.85 Million | +282.79% |
| 2007-12-31 | CN¥61.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hainan Shennong Technology 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 decreased by 59902742794.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.32 Billion | 183.13% |
| Total Equity | CN¥720.58 Million | 100.00% |
Hainan Shennong Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Hainan Shennong Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Tongrun Equipment Technology Co Ltd
SHE:002150
|
$923.03 Million |
|
Shenzhen Cotran New Material Co Ltd Class A
SHE:300731
|
$923.28 Million |
|
Shikun & Binui Ltd
PINK:SKBNF
|
$923.33 Million |
|
Tenaz Energy Corp.
TO:TNZ
|
$923.75 Million |
|
Advantage Energy Ltd.
PINK:AAVVF
|
$922.80 Million |
|
Appian Corp
NASDAQ:APPN
|
$922.61 Million |
|
Vertex
NASDAQ:VERX
|
$922.44 Million |
|
Taiwan Fertilizer Co Ltd
TW:1722
|
$922.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hainan Shennong Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 771,198,554 to 720,582,062, a change of -50,616,492 (-6.6%).
- Net loss of 50,616,492 reduced equity.
- Dividend payments of 2,476,847 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-50.62 Million | -7.02% |
| Dividends Paid | CN¥2.48 Million | -0.34% |
| Other Changes | CN¥2.48 Million | +0.34% |
| Total Change | CN¥- | -6.56% |
Book Value vs Market Value Analysis
This analysis compares Hainan Shennong Technology 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: 11.78x
- 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 increased from 6.00x to 11.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.38 | CN¥8.29 | x |
| 2018-12-31 | CN¥1.37 | CN¥8.29 | x |
| 2019-12-31 | CN¥1.02 | CN¥8.29 | x |
| 2020-12-31 | CN¥0.91 | CN¥8.29 | x |
| 2021-12-31 | CN¥0.85 | CN¥8.29 | x |
| 2022-12-31 | CN¥0.79 | CN¥8.29 | x |
| 2023-12-31 | CN¥0.75 | CN¥8.29 | x |
| 2024-12-31 | CN¥0.70 | CN¥8.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hainan Shennong Technology 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): -7.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.34%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.63x
- Recent ROE (-7.02%) is below the historical average (0.08%), 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 | 14.92% | 5.65% | 0.80x | 3.31x | CN¥2.78 Million |
| 2008 | 9.33% | 11.68% | 0.64x | 1.25x | CN¥-1.54 Million |
| 2009 | 15.60% | 15.56% | 0.69x | 1.45x | CN¥15.90 Million |
| 2010 | 17.82% | 15.58% | 0.88x | 1.30x | CN¥27.01 Million |
| 2011 | 4.63% | 13.81% | 0.32x | 1.05x | CN¥-68.49 Million |
| 2012 | 4.51% | 13.80% | 0.27x | 1.20x | CN¥-72.43 Million |
| 2013 | 2.85% | 8.46% | 0.27x | 1.25x | CN¥-96.15 Million |
| 2015 | 0.53% | 2.25% | 0.15x | 1.61x | CN¥-134.55 Million |
| 2016 | 1.19% | 1.47% | 0.36x | 2.26x | CN¥-126.49 Million |
| 2017 | -1.16% | -3.62% | 0.18x | 1.76x | CN¥-157.85 Million |
| 2018 | 1.46% | 11.88% | 0.11x | 1.07x | CN¥-119.36 Million |
| 2019 | -31.41% | -292.83% | 0.10x | 1.07x | CN¥-434.17 Million |
| 2020 | -12.72% | -91.33% | 0.12x | 1.19x | CN¥-211.01 Million |
| 2021 | -6.52% | -38.44% | 0.13x | 1.31x | CN¥-144.01 Million |
| 2022 | -8.00% | -33.90% | 0.18x | 1.28x | CN¥-145.32 Million |
| 2023 | -4.67% | -21.61% | 0.17x | 1.30x | CN¥-113.14 Million |
| 2024 | -7.02% | -32.34% | 0.13x | 1.63x | CN¥-122.67 Million |
Industry Comparison
This section compares Hainan Shennong Technology Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $2,335,915,949
- Average return on equity (ROE) among peers: 13.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan Shennong Technology Co Ltd (300189) | CN¥795.55 Million | 14.92% | 0.50x | $922.87 Million |
| Nanjing Red Sun Co Ltd (000525) | $147.47 Million | 1.90% | 0.79x | $845.94 Million |
| ADAMA Ltd (000553) | $924.52 Million | 2.09% | 0.75x | $429.88 Million |
| Grand Industrial Holding Co Ltd (000626) | $2.61 Billion | -11.54% | 1.98x | $221.00 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $1.01 Billion | 18.17% | 0.44x | $482.18 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $5.06 Billion | 26.77% | 0.59x | $16.27 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $11.63 Billion | 17.45% | 0.10x | $4.53 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $409.30 Million | 0.72% | 1.97x | $1.47 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $218.75 Million | 71.83% | 0.84x | $897.13 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $398.71 Million | 5.82% | 1.87x | $221.44 Million |
| Norsyn Crop Technology Co. Ltd. A (001231) | $952.88 Million | 5.49% | 0.42x | $95.20 Million |