Three Squirrels
Three Squirrels Inc. produces and retails food products. The company offers roasted food and nut products, baked goods, meat products, and dried fruits. It also engages in the wholesale and retail of daily necessities, office supplies, plastic and metal products, craft gifts, electronic products, clothing, shoes, and hats; retail of publications; retail of souvenirs and handicrafts with the Three… Read more
Three Squirrels (300783) - Net Assets
Latest net assets as of June 2025: CN¥3.01 Billion CNY
Based on the latest financial reports, Three Squirrels (300783) has net assets worth CN¥3.01 Billion 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¥4.94 Billion) and total liabilities (CN¥1.93 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 | CN¥3.01 Billion |
| % of Total Assets | 60.96% |
| Annual Growth Rate | 21.27% |
| 5-Year Change | 35.23% |
| 10-Year Change | N/A |
| Growth Volatility | 21.46 |
Three Squirrels - Net Assets Trend (2016–2024)
This chart illustrates how Three Squirrels's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Three Squirrels (2016–2024)
The table below shows the annual net assets of Three Squirrels from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.83 Billion | +12.77% |
| 2023-12-31 | CN¥2.51 Billion | +7.27% |
| 2022-12-31 | CN¥2.34 Billion | +3.79% |
| 2021-12-31 | CN¥2.26 Billion | +7.70% |
| 2020-12-31 | CN¥2.10 Billion | +10.61% |
| 2019-12-31 | CN¥1.90 Billion | +70.47% |
| 2018-12-31 | CN¥1.11 Billion | +37.61% |
| 2017-12-31 | CN¥807.92 Million | +33.34% |
| 2016-12-31 | CN¥605.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Three Squirrels'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 783.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.73 Billion | 61.20% |
| Other Components | CN¥1.10 Billion | 38.80% |
| Total Equity | CN¥2.83 Billion | 100.00% |
Three Squirrels Competitors by Market Cap
The table below lists competitors of Three Squirrels ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Odontoprev S.A
SA:ODPV3
|
$548.11 Million |
|
Xiamen Port Development Co Ltd
SHE:000905
|
$548.17 Million |
|
Raffles Medical Group Ltd
F:02M1
|
$548.22 Million |
|
Universal Health Realty Income Trust
NYSE:UHT
|
$548.70 Million |
|
Beijing Tianyishangjia New Material Corp Ltd
SHG:688033
|
$547.67 Million |
|
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S.
IS:EUPWR
|
$547.62 Million |
|
Yulon Finance Corp
TW:9941
|
$547.58 Million |
|
Wilh. Wilhelmsen
PINK:WLHSF
|
$547.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Three Squirrels's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,513,868,260 to 2,826,915,910, a change of 313,047,649 (12.5%).
- Net income of 407,736,015 contributed positively to equity growth.
- Dividend payments of 103,093,520 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥407.74 Million | +14.42% |
| Dividends Paid | CN¥103.09 Million | -3.65% |
| Other Changes | CN¥8.41 Million | +0.3% |
| Total Change | CN¥- | 12.45% |
Book Value vs Market Value Analysis
This analysis compares Three Squirrels'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: 2.74x
- 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 8.60x to 2.74x 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¥2.24 | CN¥19.30 | x |
| 2018-12-31 | CN¥3.09 | CN¥19.30 | x |
| 2019-12-31 | CN¥4.73 | CN¥19.30 | x |
| 2020-12-31 | CN¥5.23 | CN¥19.30 | x |
| 2021-12-31 | CN¥5.63 | CN¥19.30 | x |
| 2022-12-31 | CN¥5.84 | CN¥19.30 | x |
| 2023-12-31 | CN¥6.27 | CN¥19.30 | x |
| 2024-12-31 | CN¥7.05 | CN¥19.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Three Squirrels 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): 14.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.84%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 2.39x
- Recent ROE (14.42%) is below the historical average (19.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 39.03% | 5.35% | 2.07x | 3.52x | CN¥175.91 Million |
| 2017 | 37.38% | 5.44% | 2.55x | 2.70x | CN¥221.23 Million |
| 2018 | 27.33% | 4.34% | 2.26x | 2.79x | CN¥192.68 Million |
| 2019 | 12.60% | 2.35% | 2.10x | 2.55x | CN¥49.22 Million |
| 2020 | 14.37% | 3.08% | 2.23x | 2.10x | CN¥91.68 Million |
| 2021 | 18.21% | 4.21% | 1.94x | 2.23x | CN¥185.32 Million |
| 2022 | 5.51% | 1.77% | 1.61x | 1.94x | CN¥-105.28 Million |
| 2023 | 8.74% | 3.09% | 1.28x | 2.20x | CN¥-31.60 Million |
| 2024 | 14.42% | 3.84% | 1.57x | 2.39x | CN¥125.04 Million |
Industry Comparison
This section compares Three Squirrels'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 |
|---|---|---|---|---|
| Three Squirrels (300783) | CN¥3.01 Billion | 39.03% | 0.64x | $548.09 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 |