Petpal Pet Nutrition Technology Co Ltd
Petpal Pet Nutrition Technology Co., Ltd. engages in the production and sale of pet food related products in China. It offers animal skin and plant chew products, dry and wet pet food products, nutritious meat snacks, bird food products, edible small animal toys, baked biscuits, and other products. The company was founded in 2002 and is based in Wenzhou, China.
Petpal Pet Nutrition Technology Co Ltd (300673) - Net Assets
Latest net assets as of September 2025: CN¥1.99 Billion CNY
Based on the latest financial reports, Petpal Pet Nutrition Technology Co Ltd (300673) has net assets worth CN¥1.99 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.95 Billion) and total liabilities (CN¥964.25 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¥1.99 Billion |
| % of Total Assets | 67.33% |
| Annual Growth Rate | 19.28% |
| 5-Year Change | 20.88% |
| 10-Year Change | 478.95% |
| Growth Volatility | 31.94 |
Petpal Pet Nutrition Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Petpal Pet Nutrition 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 Petpal Pet Nutrition Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Petpal Pet Nutrition Technology Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.97 Billion | +4.63% |
| 2023-12-31 | CN¥1.88 Billion | -2.05% |
| 2022-12-31 | CN¥1.92 Billion | +7.07% |
| 2021-12-31 | CN¥1.79 Billion | +10.15% |
| 2020-12-31 | CN¥1.63 Billion | +56.98% |
| 2019-12-31 | CN¥1.04 Billion | +6.12% |
| 2018-12-31 | CN¥977.94 Million | +14.56% |
| 2017-12-31 | CN¥853.67 Million | +117.00% |
| 2016-12-31 | CN¥393.40 Million | +15.66% |
| 2015-12-31 | CN¥340.14 Million | +23.11% |
| 2014-12-31 | CN¥276.30 Million | +9.01% |
| 2013-12-31 | CN¥253.46 Million | +6.72% |
| 2012-12-31 | CN¥237.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petpal Pet Nutrition 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 grown by 602.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥651.46 Million | 33.38% |
| Common Stock | CN¥248.83 Million | 12.75% |
| Other Components | CN¥1.05 Billion | 53.87% |
| Total Equity | CN¥1.95 Billion | 100.00% |
Petpal Pet Nutrition Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Petpal Pet Nutrition Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winstek Semiconductor Co Ltd
TWO:3265
|
$260.79 Million |
|
Dustin Group AB (publ)
PINK:DUSXF
|
$261.03 Million |
|
Jiangsu Skyray Instrument Co
SHE:300165
|
$261.08 Million |
|
Ring Energy Inc
NYSE MKT:REI
|
$261.10 Million |
|
Kyung Dong Navien Co Ltd
KO:009450
|
$260.71 Million |
|
Grupo Aeroméxico, S.A.B. de C.V.
NYSE:AERO
|
$260.71 Million |
|
Guangzhou Tech-Long Packing Machine Co Ltd
SHE:002209
|
$260.69 Million |
|
China Oriental Group Company Limited
PINK:CUGCF
|
$260.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petpal Pet Nutrition Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,867,169,747 to 1,951,631,535, a change of 84,461,788 (4.5%).
- Net income of 182,205,588 contributed positively to equity growth.
- Dividend payments of 11,731,440 reduced retained earnings.
- Share repurchases of 50,004,273 reduced equity.
- Other factors decreased equity by 36,008,087.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥182.21 Million | +9.34% |
| Dividends Paid | CN¥11.73 Million | -0.6% |
| Share Repurchases | CN¥50.00 Million | -2.56% |
| Other Changes | CN¥-36.01 Million | -1.85% |
| Total Change | CN¥- | 4.52% |
Book Value vs Market Value Analysis
This analysis compares Petpal Pet Nutrition 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: 2.26x
- 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 11.00x to 2.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.50 | CN¥16.49 | x |
| 2013-12-31 | CN¥1.60 | CN¥16.49 | x |
| 2014-12-31 | CN¥1.76 | CN¥16.49 | x |
| 2015-12-31 | CN¥2.14 | CN¥16.49 | x |
| 2016-12-31 | CN¥2.41 | CN¥16.49 | x |
| 2017-12-31 | CN¥4.38 | CN¥16.49 | x |
| 2018-12-31 | CN¥4.47 | CN¥16.49 | x |
| 2019-12-31 | CN¥4.72 | CN¥16.49 | x |
| 2020-12-31 | CN¥6.47 | CN¥16.49 | x |
| 2021-12-31 | CN¥7.02 | CN¥16.49 | x |
| 2022-12-31 | CN¥6.44 | CN¥16.49 | x |
| 2023-12-31 | CN¥6.73 | CN¥16.49 | x |
| 2024-12-31 | CN¥7.28 | CN¥16.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petpal Pet Nutrition 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): 9.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.98%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.53x
- Recent ROE (9.34%) is below the historical average (9.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.81% | 5.67% | 1.17x | 1.63x | CN¥1.89 Million |
| 2013 | 10.42% | 6.71% | 1.05x | 1.48x | CN¥1.04 Million |
| 2014 | 10.32% | 7.08% | 1.04x | 1.40x | CN¥872.99K |
| 2015 | 17.28% | 11.70% | 1.04x | 1.41x | CN¥24.52 Million |
| 2016 | 20.60% | 14.60% | 0.99x | 1.43x | CN¥41.36 Million |
| 2017 | 12.56% | 16.89% | 0.64x | 1.16x | CN¥21.74 Million |
| 2018 | 14.46% | 16.14% | 0.74x | 1.22x | CN¥43.30 Million |
| 2019 | 4.87% | 4.96% | 0.74x | 1.33x | CN¥-52.60 Million |
| 2020 | 7.11% | 8.57% | 0.67x | 1.24x | CN¥-46.70 Million |
| 2021 | 3.37% | 4.72% | 0.45x | 1.60x | CN¥-117.92 Million |
| 2022 | 6.68% | 7.34% | 0.60x | 1.52x | CN¥-63.19 Million |
| 2023 | -0.59% | -0.79% | 0.48x | 1.57x | CN¥-197.81 Million |
| 2024 | 9.34% | 10.98% | 0.55x | 1.53x | CN¥-12.96 Million |
Industry Comparison
This section compares Petpal Pet Nutrition Technology 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 |
|---|---|---|---|---|
| Petpal Pet Nutrition Technology Co Ltd (300673) | CN¥1.99 Billion | 10.81% | 0.49x | $260.76 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 |