Zhejiang Guyuelongshan Shaoxing Wine Co Ltd

SHG:600059 China Beverages - Wineries & Distilleries
Market Cap
$1.17 Billion
CN¥8.55 Billion CNY
Market Cap Rank
#8754 Global
#1702 in China
Share Price
CN¥9.38
Change (1 day)
+0.11%
52-Week Range
CN¥8.26 - CN¥11.46
All Time High
CN¥18.35
About

Zhejiang Guyuelongshan Shaoxing Wine Co.,Ltd produces and sells rice and white wine and edible alcohol in China and internationally. It offers its products under the Guyue Longshan, Jianhu, Zhuangyuanhong, Daughter Hong, and Shen Yonghe brands. The company was incorporated in 1997 and is based in Shaoxing, China.

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (600059) - Net Assets

Latest net assets as of September 2025: CN¥5.85 Billion CNY

Based on the latest financial reports, Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (600059) has net assets worth CN¥5.85 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¥6.37 Billion) and total liabilities (CN¥514.00 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¥5.85 Billion
% of Total Assets 91.93%
Annual Growth Rate 15.95%
5-Year Change 38.05%
10-Year Change 55.94%
Growth Volatility 65.08

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Zhejiang Guyuelongshan Shaoxing Wine 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 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (1994–2024)

The table below shows the annual net assets of Zhejiang Guyuelongshan Shaoxing Wine Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.93 Billion +1.35%
2023-12-31 CN¥5.85 Billion +5.88%
2022-12-31 CN¥5.53 Billion +2.34%
2021-12-31 CN¥5.40 Billion +25.70%
2020-12-31 CN¥4.30 Billion +2.00%
2019-12-31 CN¥4.21 Billion +2.80%
2018-12-31 CN¥4.10 Billion +2.27%
2017-12-31 CN¥4.01 Billion +2.13%
2016-12-31 CN¥3.93 Billion +3.15%
2015-12-31 CN¥3.81 Billion +1.83%
2014-12-31 CN¥3.74 Billion +48.45%
2013-12-31 CN¥2.52 Billion +3.28%
2012-12-31 CN¥2.44 Billion +7.03%
2011-12-31 CN¥2.28 Billion +7.95%
2010-12-31 CN¥2.11 Billion +55.20%
2009-12-31 CN¥1.36 Billion +5.63%
2008-12-31 CN¥1.29 Billion +4.86%
2007-12-31 CN¥1.23 Billion +1.20%
2006-12-31 CN¥1.21 Billion -1.79%
2005-12-31 CN¥1.23 Billion -1.73%
2004-12-31 CN¥1.26 Billion +0.22%
2003-12-31 CN¥1.25 Billion +5.01%
2002-12-31 CN¥1.19 Billion +1.80%
2001-12-31 CN¥1.17 Billion +41.02%
2000-12-31 CN¥831.52 Million +14.40%
1999-12-31 CN¥726.84 Million +48.79%
1998-12-31 CN¥488.49 Million +7.40%
1997-12-31 CN¥454.84 Million +362.99%
1996-12-31 CN¥98.24 Million +29.05%
1995-12-31 CN¥76.13 Million +8.71%
1994-12-31 CN¥70.03 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Guyuelongshan Shaoxing Wine 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 190096745800.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.90 Billion 32.25%
Common Stock CN¥911.54 Million 15.46%
Other Components CN¥3.08 Billion 52.29%
Total Equity CN¥5.90 Billion 100.00%

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Guyuelongshan Shaoxing Wine Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Guyuelongshan Shaoxing Wine Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,817,050,140 to 5,895,264,767, a change of 78,214,627 (1.3%).
  • Net income of 205,567,199 contributed positively to equity growth.
  • Dividend payments of 127,615,937 reduced retained earnings.
  • Other comprehensive income decreased equity by 340,425,958.
  • Other factors increased equity by 340,689,323.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥205.57 Million +3.49%
Dividends Paid CN¥127.62 Million -2.16%
Other Comprehensive Income CN¥-340.43 Million -5.77%
Other Changes CN¥340.69 Million +5.78%
Total Change CN¥- 1.34%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Guyuelongshan Shaoxing Wine 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: 1.45x
  • 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 78.18x to 1.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.12 CN¥9.38 x
1995-12-31 CN¥0.13 CN¥9.38 x
1996-12-31 CN¥0.17 CN¥9.38 x
1997-12-31 CN¥0.78 CN¥9.38 x
1998-12-31 CN¥0.84 CN¥9.38 x
1999-12-31 CN¥1.24 CN¥9.38 x
2000-12-31 CN¥1.31 CN¥9.38 x
2001-12-31 CN¥1.92 CN¥9.38 x
2002-12-31 CN¥1.95 CN¥9.38 x
2003-12-31 CN¥2.04 CN¥9.38 x
2004-12-31 CN¥2.05 CN¥9.38 x
2005-12-31 CN¥2.02 CN¥9.38 x
2006-12-31 CN¥1.99 CN¥9.38 x
2007-12-31 CN¥2.07 CN¥9.38 x
2008-12-31 CN¥2.16 CN¥9.38 x
2009-12-31 CN¥2.33 CN¥9.38 x
2010-12-31 CN¥3.20 CN¥9.38 x
2011-12-31 CN¥3.41 CN¥9.38 x
2012-12-31 CN¥3.62 CN¥9.38 x
2013-12-31 CN¥3.98 CN¥9.38 x
2014-12-31 CN¥5.21 CN¥9.38 x
2015-12-31 CN¥4.53 CN¥9.38 x
2016-12-31 CN¥4.78 CN¥9.38 x
2017-12-31 CN¥4.84 CN¥9.38 x
2018-12-31 CN¥4.97 CN¥9.38 x
2019-12-31 CN¥5.18 CN¥9.38 x
2020-12-31 CN¥5.26 CN¥9.38 x
2021-12-31 CN¥6.15 CN¥9.38 x
2022-12-31 CN¥6.03 CN¥9.38 x
2023-12-31 CN¥6.45 CN¥9.38 x
2024-12-31 CN¥6.47 CN¥9.38 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Guyuelongshan Shaoxing Wine 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): 3.49%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.62%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 1.17x
  • Recent ROE (3.49%) is below the historical average (10.57%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 69.34% 21.54% 1.17x 2.76x CN¥41.55 Million
1995 40.06% 12.74% 1.01x 3.12x CN¥22.88 Million
1996 47.82% 15.45% 1.02x 3.02x CN¥37.15 Million
1997 14.82% 19.35% 0.41x 1.88x CN¥21.91 Million
1998 14.19% 17.85% 0.39x 2.02x CN¥20.48 Million
1999 11.38% 20.97% 0.34x 1.59x CN¥9.99 Million
2000 9.86% 19.36% 0.27x 1.88x CN¥-1.10 Million
2001 6.19% 15.93% 0.25x 1.53x CN¥-42.74 Million
2002 5.59% 13.17% 0.26x 1.66x CN¥-50.23 Million
2003 4.57% 10.43% 0.26x 1.72x CN¥-64.72 Million
2004 4.28% 9.11% 0.25x 1.90x CN¥-68.59 Million
2005 2.21% 4.28% 0.25x 2.06x CN¥-91.81 Million
2006 2.72% 4.32% 0.30x 2.07x CN¥-84.59 Million
2007 7.41% 10.96% 0.43x 1.58x CN¥-31.18 Million
2008 7.81% 13.12% 0.41x 1.46x CN¥-27.51 Million
2009 5.74% 10.66% 0.30x 1.78x CN¥-56.78 Million
2010 5.98% 11.86% 0.37x 1.36x CN¥-83.69 Million
2011 7.57% 14.21% 0.39x 1.38x CN¥-54.70 Million
2012 7.92% 13.42% 0.40x 1.49x CN¥-50.00 Million
2013 5.78% 9.81% 0.41x 1.44x CN¥-104.89 Million
2014 4.99% 13.82% 0.31x 1.17x CN¥-185.45 Million
2015 3.53% 9.69% 0.31x 1.17x CN¥-243.90 Million
2016 3.14% 7.95% 0.34x 1.17x CN¥-267.34 Million
2017 4.13% 10.04% 0.35x 1.17x CN¥-233.50 Million
2018 4.23% 10.02% 0.36x 1.18x CN¥-234.88 Million
2019 5.01% 11.92% 0.35x 1.19x CN¥-209.05 Million
2020 3.54% 11.57% 0.25x 1.20x CN¥-275.15 Million
2021 3.74% 12.72% 0.25x 1.16x CN¥-335.66 Million
2022 3.67% 12.46% 0.26x 1.15x CN¥-347.46 Million
2023 6.82% 22.24% 0.26x 1.18x CN¥-185.08 Million
2024 3.49% 10.62% 0.28x 1.17x CN¥-383.96 Million

Industry Comparison

This section compares Zhejiang Guyuelongshan Shaoxing Wine Co Ltd's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.

Industry Context

  • Industry: Beverages - Wineries & Distilleries
  • Average net assets among peers: $7,937,637,780
  • Average return on equity (ROE) among peers: 16.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (600059) CN¥5.85 Billion 69.34% 0.09x $696.96 Million
Luzhou Lao Jiao Co Ltd (000568) $235.40 Million 25.02% 1.14x $10.63 Billion
Jiugui Liquor Co Ltd (000799) $4.15 Billion 25.26% 0.41x $1.44 Billion
Wuliangye Yibin Co Ltd (000858) $3.19 Billion 24.07% 0.44x $24.90 Billion
Beijing Shunxin Agriculture Co Ltd (000860) $7.46 Billion 10.85% 1.95x $880.58 Million
Yantai Changyu Pioneer Wine Co Ltd (000869) $1.44 Billion 7.71% 0.27x $860.99 Million
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) $52.05 Billion 19.24% 0.34x $3.60 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568) $4.70 Billion 15.31% 0.73x $1.25 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646) $2.80 Billion 3.20% 0.19x $324.05 Million
Anhui Gujing Distillery Co Ltd (200596) $785.49 Million 22.16% 0.82x $2.43 Billion
Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) $2.56 Billion 12.49% 0.62x $218.25 Million