Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (600059) - Net Assets
Based on the latest financial reports, Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (600059) has net assets worth CN¥5.94 Billion CNY (≈ $869.60 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.70 Billion ≈ $980.50 Million USD) and total liabilities (CN¥757.86 Million ≈ $110.90 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 600059 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.94 Billion |
| % of Total Assets | 88.69% |
| Annual Growth Rate | 15.37% |
| 5-Year Change | 9.11% |
| 10-Year Change | 50.2% |
| Growth Volatility | 64.16 |
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Zhejiang Guyuelongshan Shaoxing Wine Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang Guyuelongshan Shaoxing Wine Co defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (1994–2025)
The table below shows the annual net assets of Zhejiang Guyuelongshan Shaoxing Wine Co Ltd from 1994 to 2025. For live valuation and market cap data, see how much is Zhejiang Guyuelongshan Shaoxing Wine Co worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.90 Billion ≈ $862.71 Million |
-0.65% |
| 2024-12-31 | CN¥5.93 Billion ≈ $868.34 Million |
+1.35% |
| 2023-12-31 | CN¥5.85 Billion ≈ $856.73 Million |
+5.88% |
| 2022-12-31 | CN¥5.53 Billion ≈ $809.14 Million |
+2.34% |
| 2021-12-31 | CN¥5.40 Billion ≈ $790.66 Million |
+25.70% |
| 2020-12-31 | CN¥4.30 Billion ≈ $629.02 Million |
+2.00% |
| 2019-12-31 | CN¥4.21 Billion ≈ $616.72 Million |
+2.80% |
| 2018-12-31 | CN¥4.10 Billion ≈ $599.90 Million |
+2.27% |
| 2017-12-31 | CN¥4.01 Billion ≈ $586.60 Million |
+2.13% |
| 2016-12-31 | CN¥3.93 Billion ≈ $574.40 Million |
+3.15% |
| 2015-12-31 | CN¥3.81 Billion ≈ $556.84 Million |
+1.83% |
| 2014-12-31 | CN¥3.74 Billion ≈ $546.83 Million |
+48.45% |
| 2013-12-31 | CN¥2.52 Billion ≈ $368.36 Million |
+3.28% |
| 2012-12-31 | CN¥2.44 Billion ≈ $356.65 Million |
+7.03% |
| 2011-12-31 | CN¥2.28 Billion ≈ $333.22 Million |
+7.95% |
| 2010-12-31 | CN¥2.11 Billion ≈ $308.67 Million |
+55.20% |
| 2009-12-31 | CN¥1.36 Billion ≈ $198.88 Million |
+5.63% |
| 2008-12-31 | CN¥1.29 Billion ≈ $188.28 Million |
+4.86% |
| 2007-12-31 | CN¥1.23 Billion ≈ $179.55 Million |
+1.20% |
| 2006-12-31 | CN¥1.21 Billion ≈ $177.42 Million |
-1.79% |
| 2005-12-31 | CN¥1.23 Billion ≈ $180.65 Million |
-1.73% |
| 2004-12-31 | CN¥1.26 Billion ≈ $183.83 Million |
+0.22% |
| 2003-12-31 | CN¥1.25 Billion ≈ $183.43 Million |
+5.01% |
| 2002-12-31 | CN¥1.19 Billion ≈ $174.68 Million |
+1.80% |
| 2001-12-31 | CN¥1.17 Billion ≈ $171.59 Million |
+41.02% |
| 2000-12-31 | CN¥831.52 Million ≈ $121.68 Million |
+14.40% |
| 1999-12-31 | CN¥726.84 Million ≈ $106.36 Million |
+48.79% |
| 1998-12-31 | CN¥488.49 Million ≈ $71.48 Million |
+7.40% |
| 1997-12-31 | CN¥454.84 Million ≈ $66.56 Million |
+362.99% |
| 1996-12-31 | CN¥98.24 Million ≈ $14.38 Million |
+29.05% |
| 1995-12-31 | CN¥76.13 Million ≈ $11.14 Million |
+8.71% |
| 1994-12-31 | CN¥70.03 Million ≈ $10.25 Million |
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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 203200017234.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.03 Billion | 34.69% |
| Other Components | CN¥3.83 Billion | 65.31% |
| Total Equity | CN¥5.86 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.
| Company | Market Cap |
|---|---|
|
Bangkok Chain Hospital Public Company Limited
BK:BCH-R
|
$1.03 Billion |
|
Sunflower Pharmaceuticals Group Co Ltd
SHE:002737
|
$1.03 Billion |
|
Zhejiang Zhengguang Industrial Co. Ltd.
SHE:301092
|
$1.03 Billion |
|
U Blox Holding AG
SW:UBXN
|
$1.03 Billion |
|
Tianjin Ringpu Bio Tech
SHE:300119
|
$1.03 Billion |
|
Bio-Thera Solutions Ltd
SHG:688177
|
$1.03 Billion |
|
Jiangsu Yinhe Electronics Co Ltd
SHE:002519
|
$1.03 Billion |
|
Shunfa Hengye Corp
SHE:000631
|
$1.03 Billion |
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 2024 to 2025, total equity changed from 5,895,264,767 to 5,857,754,713, a change of -37,510,054 (-0.6%).
- Net income of 222,300,238 contributed positively to equity growth.
- Dividend payments of 73,134,435 reduced retained earnings.
- Other factors decreased equity by 186,675,857.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥222.30 Million | +3.79% |
| Dividends Paid | CN¥73.13 Million | -1.25% |
| Other Changes | CN¥-186.68 Million | -3.19% |
| Total Change | CN¥- | -0.64% |
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: 1.21x
- 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 64.60x to 1.21x 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¥7.75 | x |
| 1995-12-31 | CN¥0.13 | CN¥7.75 | x |
| 1996-12-31 | CN¥0.17 | CN¥7.75 | x |
| 1997-12-31 | CN¥0.78 | CN¥7.75 | x |
| 1998-12-31 | CN¥0.84 | CN¥7.75 | x |
| 1999-12-31 | CN¥1.24 | CN¥7.75 | x |
| 2000-12-31 | CN¥1.31 | CN¥7.75 | x |
| 2001-12-31 | CN¥1.92 | CN¥7.75 | x |
| 2002-12-31 | CN¥1.95 | CN¥7.75 | x |
| 2003-12-31 | CN¥2.04 | CN¥7.75 | x |
| 2004-12-31 | CN¥2.05 | CN¥7.75 | x |
| 2005-12-31 | CN¥2.02 | CN¥7.75 | x |
| 2006-12-31 | CN¥1.99 | CN¥7.75 | x |
| 2007-12-31 | CN¥2.07 | CN¥7.75 | x |
| 2008-12-31 | CN¥2.16 | CN¥7.75 | x |
| 2009-12-31 | CN¥2.33 | CN¥7.75 | x |
| 2010-12-31 | CN¥3.20 | CN¥7.75 | x |
| 2011-12-31 | CN¥3.41 | CN¥7.75 | x |
| 2012-12-31 | CN¥3.62 | CN¥7.75 | x |
| 2013-12-31 | CN¥3.98 | CN¥7.75 | x |
| 2014-12-31 | CN¥5.21 | CN¥7.75 | x |
| 2015-12-31 | CN¥4.53 | CN¥7.75 | x |
| 2016-12-31 | CN¥4.78 | CN¥7.75 | x |
| 2017-12-31 | CN¥4.84 | CN¥7.75 | x |
| 2018-12-31 | CN¥4.97 | CN¥7.75 | x |
| 2019-12-31 | CN¥5.18 | CN¥7.75 | x |
| 2020-12-31 | CN¥5.26 | CN¥7.75 | x |
| 2021-12-31 | CN¥6.15 | CN¥7.75 | x |
| 2022-12-31 | CN¥6.03 | CN¥7.75 | x |
| 2023-12-31 | CN¥6.45 | CN¥7.75 | x |
| 2024-12-31 | CN¥6.47 | CN¥7.75 | x |
| 2025-12-31 | CN¥6.43 | CN¥7.75 | 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): 3.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.14%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.18x
- Recent ROE (3.79%) is below the historical average (10.35%), 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 |
| 2025 | 3.79% | 12.14% | 0.27x | 1.18x | CN¥-363.48 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: $5,882,607,435
- Average return on equity (ROE) among peers: 12.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (600059) | CN¥5.94 Billion | 69.34% | 0.13x | $1.03 Billion |
| Luzhou Lao Jiao Co Ltd (000568) | $235.40 Million | 25.02% | 1.14x | $17.43 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $808.62 Million | 17.32% | 0.66x | $4.89 Billion |
| Jiugui Liquor Co Ltd (000799) | $3.74 Billion | -0.91% | 0.32x | $1.87 Billion |
| Wuliangye Yibin Co Ltd (000858) | $4.70 Billion | 17.26% | 0.42x | $43.08 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $6.80 Billion | -2.24% | 1.02x | $1.09 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $10.50 Billion | 4.48% | 0.25x | $1.12 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $29.49 Billion | 22.47% | 0.47x | $9.04 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $1.60 Billion | -9.19% | 0.53x | $2.54 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $136.87 Million | 35.93% | 0.78x | $462.02 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $808.00 Million | 17.34% | 0.66x | $825.51 Million |
About Zhejiang Guyuelongshan Shaoxing Wine Co Ltd
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.