Panda Dairy Corp

SHE:300898 China Packaged Foods
Market Cap
$413.38 Million
CN¥3.03 Billion CNY
Market Cap Rank
#15515 Global
#4130 in China
Share Price
CN¥24.46
Change (1 day)
-2.90%
52-Week Range
CN¥24.46 - CN¥37.00
All Time High
CN¥74.05
Categories
Companies in China Packaged Foods
About

Panda Dairy Corporation engages in the research and development, production, and sale of dairy products in China and internationally. Its products include cheese, including cheese cream, mozzarella cheese and cheese slices; coconut milk and coconut milk sticks; condensed milk, such as evaporated milk and sweetened condensed milk; light cream; and other products, including cheese popcorn, cheese s… Read more

Panda Dairy Corp (300898) - Net Assets

Latest net assets as of September 2025: CN¥987.73 Million CNY

Based on the latest financial reports, Panda Dairy Corp (300898) has net assets worth CN¥987.73 Million 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¥1.10 Billion) and total liabilities (CN¥108.20 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¥987.73 Million
% of Total Assets 90.13%
Annual Growth Rate 33.61%
5-Year Change 27.35%
10-Year Change 615.89%
Growth Volatility 58.29

Panda Dairy Corp - Net Assets Trend (2012–2024)

This chart illustrates how Panda Dairy Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Panda Dairy Corp (2012–2024)

The table below shows the annual net assets of Panda Dairy Corp from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥993.58 Million +4.66%
2023-12-31 CN¥949.38 Million +8.53%
2022-12-31 CN¥874.76 Million +3.78%
2021-12-31 CN¥842.92 Million +8.04%
2020-12-31 CN¥780.20 Million +52.85%
2019-12-31 CN¥510.44 Million +7.68%
2018-12-31 CN¥474.04 Million +16.92%
2017-12-31 CN¥405.45 Million +9.54%
2016-12-31 CN¥370.15 Million +166.70%
2015-12-31 CN¥138.79 Million +98.36%
2014-12-31 CN¥69.97 Million -8.43%
2013-12-31 CN¥76.41 Million +148.82%
2012-12-31 CN¥30.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to Panda Dairy Corp'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 2276.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥373.66 Million 37.96%
Common Stock CN¥124.00 Million 12.60%
Other Comprehensive Income CN¥75.25 Million 7.65%
Other Components CN¥411.37 Million 41.79%
Total Equity CN¥984.28 Million 100.00%

Panda Dairy Corp Competitors by Market Cap

The table below lists competitors of Panda Dairy Corp ranked by their market capitalization.

Company Market Cap
LUOYANG GLASS CO. H YC 1
F:LUG
 		$181.80 Million
Halla Holdings Corp
KO:060980
 		$181.82 Million
CapMan Oyj Series B
LSE:0E1L
 		$181.82 Million
Dutch Lady Milk Industries Bhd
KLSE:3026
 		$182.02 Million
Caribou Biosciences Inc
NASDAQ:CRBU
 		$181.77 Million
Rongsheng Paper
SHG:603165
 		$181.75 Million
PT Sampoerna Agro Tbk
F:SZ31
 		$181.71 Million
MegaStudyEdu Co. Ltd
KQ:215200
 		$181.69 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Panda Dairy Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 943,646,796 to 984,277,892, a change of 40,631,096 (4.3%).
  • Net income of 102,498,052 contributed positively to equity growth.
  • Dividend payments of 63,174,333 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥102.50 Million +10.41%
Dividends Paid CN¥63.17 Million -6.42%
Other Changes CN¥1.31 Million +0.13%
Total Change CN¥- 4.31%

Book Value vs Market Value Analysis

This analysis compares Panda Dairy Corp'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: 3.08x
  • 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 41.89x to 3.08x 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¥0.58 CN¥24.46 x
2013-12-31 CN¥1.55 CN¥24.46 x
2014-12-31 CN¥0.97 CN¥24.46 x
2015-12-31 CN¥1.84 CN¥24.46 x
2016-12-31 CN¥4.58 CN¥24.46 x
2017-12-31 CN¥4.31 CN¥24.46 x
2018-12-31 CN¥5.05 CN¥24.46 x
2019-12-31 CN¥4.05 CN¥24.46 x
2020-12-31 CN¥6.20 CN¥24.46 x
2021-12-31 CN¥6.73 CN¥24.46 x
2022-12-31 CN¥6.93 CN¥24.46 x
2023-12-31 CN¥7.62 CN¥24.46 x
2024-12-31 CN¥7.94 CN¥24.46 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Panda Dairy Corp 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): 10.41%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.41%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 1.11x
  • Recent ROE (10.41%) is below the historical average (16.25%), 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 -0.34% -0.02% 2.61x 8.06x CN¥-2.82 Million
2013 7.10% 1.21% 1.98x 2.97x CN¥-2.10 Million
2014 24.77% 4.54% 2.10x 2.59x CN¥10.36 Million
2015 53.34% 20.19% 1.50x 1.77x CN¥60.06 Million
2016 23.15% 20.93% 0.95x 1.16x CN¥48.59 Million
2017 21.60% 16.28% 1.09x 1.22x CN¥46.67 Million
2018 20.19% 15.75% 1.10x 1.17x CN¥47.82 Million
2019 13.26% 11.03% 1.02x 1.18x CN¥16.38 Million
2020 10.60% 11.91% 0.70x 1.28x CN¥4.59 Million
2021 9.34% 9.03% 0.80x 1.29x CN¥-5.45 Million
2022 6.22% 5.99% 0.83x 1.26x CN¥-32.52 Million
2023 11.55% 11.51% 0.83x 1.21x CN¥14.65 Million
2024 10.41% 13.41% 0.70x 1.11x CN¥4.07 Million

Industry Comparison

This section compares Panda Dairy Corp'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
Panda Dairy Corp (300898) CN¥987.73 Million -0.34% 0.11x $181.77 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