Zhongjing Food Co. Ltd.
Zhongjing Food Co., Ltd. engages in the research and development, production, and sale of seasoning food and ingredients in China. The company offers mushroom sauce, scallion oil, beef sauce, spicy chicken, red oil, chili sauce, pepper sauce, seasoning oil, red jam, braised fried chicken, and other stir-fry and spicy seasoning ingredients. It serves individuals, families, restaurants, and food pr… Read more
Zhongjing Food Co. Ltd. (300908) - Net Assets
Latest net assets as of September 2025: CN¥1.76 Billion CNY
Based on the latest financial reports, Zhongjing Food Co. Ltd. (300908) has net assets worth CN¥1.76 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¥1.98 Billion) and total liabilities (CN¥219.64 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¥1.76 Billion |
| % of Total Assets | 88.91% |
| Annual Growth Rate | 26.19% |
| 5-Year Change | 17.73% |
| 10-Year Change | 502.96% |
| Growth Volatility | 58.12 |
Zhongjing Food Co. Ltd. - Net Assets Trend (2012–2024)
This chart illustrates how Zhongjing Food 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 Zhongjing Food Co. Ltd. (2012–2024)
The table below shows the annual net assets of Zhongjing Food Co. Ltd. from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.72 Billion | +2.76% |
| 2023-12-31 | CN¥1.68 Billion | +4.50% |
| 2022-12-31 | CN¥1.60 Billion | +4.81% |
| 2021-12-31 | CN¥1.53 Billion | +4.60% |
| 2020-12-31 | CN¥1.46 Billion | +217.83% |
| 2019-12-31 | CN¥460.54 Million | +0.19% |
| 2018-12-31 | CN¥459.68 Million | +14.44% |
| 2017-12-31 | CN¥401.68 Million | +15.85% |
| 2016-12-31 | CN¥346.72 Million | +21.32% |
| 2015-12-31 | CN¥285.80 Million | +18.78% |
| 2014-12-31 | CN¥240.62 Million | +38.66% |
| 2013-12-31 | CN¥173.54 Million | +64.19% |
| 2012-12-31 | CN¥105.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhongjing Food 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 1686.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥669.01 Million | 38.82% |
| Common Stock | CN¥146.00 Million | 8.47% |
| Other Components | CN¥908.25 Million | 52.71% |
| Total Equity | CN¥1.72 Billion | 100.00% |
Zhongjing Food Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhongjing Food Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shang Gong Group Co Ltd B
SHG:900924
|
$211.54 Million |
|
Kogan.com Ltd
PINK:KGGNF
|
$211.54 Million |
|
Handsome
KO:020000
|
$211.54 Million |
|
T-Robotics.Co.Ltd
KQ:117730
|
$211.55 Million |
|
Paul Mueller Co
PINK:MUEL
|
$211.36 Million |
|
Regional Management Corp
NYSE:RM
|
$211.35 Million |
|
CANVEST ENVIR.PR.G.HD-01
F:0XC
|
$211.34 Million |
|
Suzhou Harmontronics Auto Tech Co Ltd
SHG:688022
|
$211.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongjing Food Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,677,055,250 to 1,723,258,335, a change of 46,203,085 (2.8%).
- Net income of 175,403,085 contributed positively to equity growth.
- Dividend payments of 129,457,722 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥175.40 Million | +10.18% |
| Dividends Paid | CN¥129.46 Million | -7.51% |
| Other Changes | CN¥257.72K | +0.01% |
| Total Change | CN¥- | 2.76% |
Book Value vs Market Value Analysis
This analysis compares Zhongjing Food 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: 2.35x
- 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 19.65x to 2.35x 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¥1.41 | CN¥27.69 | x |
| 2013-12-31 | CN¥2.22 | CN¥27.69 | x |
| 2014-12-31 | CN¥3.11 | CN¥27.69 | x |
| 2015-12-31 | CN¥3.73 | CN¥27.69 | x |
| 2016-12-31 | CN¥4.54 | CN¥27.69 | x |
| 2017-12-31 | CN¥5.32 | CN¥27.69 | x |
| 2018-12-31 | CN¥6.11 | CN¥27.69 | x |
| 2019-12-31 | CN¥4.58 | CN¥27.69 | x |
| 2020-12-31 | CN¥14.62 | CN¥27.69 | x |
| 2021-12-31 | CN¥15.30 | CN¥27.69 | x |
| 2022-12-31 | CN¥16.05 | CN¥27.69 | x |
| 2023-12-31 | CN¥16.77 | CN¥27.69 | x |
| 2024-12-31 | CN¥11.79 | CN¥27.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongjing Food 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): 10.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.98%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.16x
- Recent ROE (10.18%) is below the historical average (19.52%), 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 | 34.06% | 12.58% | 1.19x | 2.27x | CN¥25.43 Million |
| 2013 | 44.08% | 19.81% | 0.99x | 2.25x | CN¥57.09 Million |
| 2014 | 30.19% | 18.29% | 0.87x | 1.90x | CN¥47.37 Million |
| 2015 | 20.62% | 13.18% | 0.73x | 2.13x | CN¥29.77 Million |
| 2016 | 22.23% | 15.91% | 0.74x | 1.90x | CN¥41.74 Million |
| 2017 | 19.94% | 15.36% | 0.80x | 1.63x | CN¥39.56 Million |
| 2018 | 17.84% | 15.40% | 0.81x | 1.43x | CN¥35.84 Million |
| 2019 | 19.99% | 14.59% | 1.07x | 1.29x | CN¥45.80 Million |
| 2020 | 8.76% | 17.61% | 0.46x | 1.08x | CN¥-18.19 Million |
| 2021 | 7.75% | 14.71% | 0.48x | 1.11x | CN¥-34.40 Million |
| 2022 | 7.85% | 14.29% | 0.48x | 1.13x | CN¥-34.46 Million |
| 2023 | 10.27% | 17.33% | 0.52x | 1.13x | CN¥4.58 Million |
| 2024 | 10.18% | 15.98% | 0.55x | 1.16x | CN¥3.08 Million |
Industry Comparison
This section compares Zhongjing Food Co. Ltd.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,271,150,340
- Average return on equity (ROE) among peers: 17.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongjing Food Co. Ltd. (300908) | CN¥1.76 Billion | 34.06% | 0.12x | $211.52 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $296.34 Million | 13.18% | 0.58x | $322.05 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $135.06 Million | 5.79% | 0.97x | $334.27 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.74 Billion | 8.58% | 0.63x | $341.35 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $655.17 Million | 3.96% | 0.09x | $419.13 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.19 Billion | 12.06% | 0.42x | $3.99 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $425.35 Million | 6.38% | 1.44x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.82 Billion | 4.59% | 0.27x | $263.05 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.25 Billion | 12.64% | 0.11x | $161.52 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.57 Billion | -3.32% | 0.86x | $168.08 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.63 Billion | 107.55% | 0.66x | $445.69 Million |