Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd (300967) - Net Assets
Based on the latest financial reports, Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd (300967) has net assets worth CN¥907.92 Million CNY (≈ $132.86 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.66 Billion ≈ $243.12 Million USD) and total liabilities (CN¥753.52 Million ≈ $110.26 Million USD). 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. Check Ningxia Xiaoming Agriculture & Animal Hu (300967) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥907.92 Million |
| % of Total Assets | 54.65% |
| Annual Growth Rate | 6.73% |
| 5-Year Change | 27.19% |
| 10-Year Change | N/A |
| Growth Volatility | 14.58 |
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Ningxia Xiaoming Agriculture & Animal Hu for the complete picture of this company's asset base.
Annual Net Assets for Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd (2019–2024)
The table below shows the annual net assets of Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd from 2019 to 2024. For live valuation and market cap data, see how much is Ningxia Xiaoming Agriculture & Animal Hu worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥782.16 Million ≈ $114.46 Million |
+6.09% |
| 2023-12-31 | CN¥737.28 Million ≈ $107.89 Million |
-7.65% |
| 2022-12-31 | CN¥798.37 Million ≈ $116.83 Million |
-3.27% |
| 2021-12-31 | CN¥825.37 Million ≈ $120.78 Million |
+34.21% |
| 2020-12-31 | CN¥614.97 Million ≈ $89.99 Million |
+8.90% |
| 2019-12-31 | CN¥564.72 Million ≈ $82.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningxia Xiaoming Agriculture & Animal Husbandry 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 20.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥175.31 Million | 22.41% |
| Other Components | CN¥606.85 Million | 77.59% |
| Total Equity | CN¥782.16 Million | 100.00% |
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd Competitors by Market Cap
The table below lists competitors of Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KAISA JiaYun Technology Inc
SHE:300242
|
$455.92 Million |
|
Shanghai Hi-Road Food Technology Co. Ltd.
SHE:300915
|
$455.94 Million |
|
Konya Cimento Sanayi AS
IS:KONYA
|
$456.26 Million |
|
Hampidjan hf
IC:HAMP
|
$456.43 Million |
|
Symtek Automation Asia Co Ltd
TW:6438
|
$455.83 Million |
|
Orange County Bancorp Inc
NASDAQ:OBT
|
$455.81 Million |
|
Nextensa NV
BR:NEXTA
|
$455.79 Million |
|
Sinosun Tech
SHE:300333
|
$455.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 737,280,349 to 782,163,919, a change of 44,883,571 (6.1%).
- Net income of 44,813,371 contributed positively to equity growth.
- Dividend payments of 17,271,294 reduced retained earnings.
- Other factors increased equity by 17,341,493.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥44.81 Million | +5.73% |
| Dividends Paid | CN¥17.27 Million | -2.21% |
| Other Changes | CN¥17.34 Million | +2.22% |
| Total Change | CN¥- | 6.09% |
Book Value vs Market Value Analysis
This analysis compares Ningxia Xiaoming Agriculture & Animal Husbandry 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: 3.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥4.17 | CN¥16.61 | x |
| 2020-12-31 | CN¥4.38 | CN¥16.61 | x |
| 2021-12-31 | CN¥4.40 | CN¥16.61 | x |
| 2022-12-31 | CN¥4.20 | CN¥16.61 | x |
| 2023-12-31 | CN¥3.89 | CN¥16.61 | x |
| 2024-12-31 | CN¥4.17 | CN¥16.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningxia Xiaoming Agriculture & Animal Husbandry 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): 5.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.62%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.16x
- Recent ROE (5.73%) is above the historical average (3.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 19.74% | 20.66% | 0.70x | 1.37x | CN¥54.98 Million |
| 2020 | 8.17% | 9.30% | 0.60x | 1.46x | CN¥-11.25 Million |
| 2021 | 9.92% | 11.31% | 0.62x | 1.41x | CN¥-691.23K |
| 2022 | 0.92% | 0.93% | 0.54x | 1.82x | CN¥-72.51 Million |
| 2023 | -20.99% | -18.63% | 0.51x | 2.19x | CN¥-228.50 Million |
| 2024 | 5.73% | 4.62% | 0.58x | 2.16x | CN¥-33.40 Million |
Industry Comparison
This section compares Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $982,852,552
- Average return on equity (ROE) among peers: 6.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd (300967) | CN¥907.92 Million | 19.74% | 0.83x | $455.90 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $-382.25K | 0.00% | 0.00x | $1.14 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $1.15 Billion | 6.52% | 0.26x | $483.52 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $522.63 Million | 10.67% | 0.38x | $361.65 Million |
| Hefei Fengle Seed Co Ltd (000713) | $1.39 Billion | 1.54% | 0.49x | $759.23 Million |
| Luoniushan Co Ltd (000735) | $418.09 Million | 11.68% | 0.34x | $1.11 Billion |
| New Hope Liuhe Co Ltd (000876) | $458.73 Million | 12.53% | 0.08x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $2.02 Billion | 17.92% | 1.03x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $140.85 Million | -19.04% | 1.66x | $499.06 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $585.62 Million | 19.17% | 0.10x | $552.18 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.14 Billion | 1.32% | 0.17x | $1.32 Billion |
About Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
Ningxia Xiaoming Agriculture & Animal Husbandry Co.,Ltd engages in the layer breeding business in China. Its primary products are chicken and its by-products, such as eggs, chicks, etc. The company was founded in 1992 and is based in Yinchuan, China.