China Resources Double-Crane Pharmaceutical Co Ltd
China Resources Double-Crane Pharmaceutical Co.,Ltd. operates as a pharmaceutical company in the People's Republic of China. The company offers pharmaceutical products for blood pressure, blood sugar, injection, lipid-lowering, pediatrics, nephrology, API, pharmaceutical, psychiatry/neurology, anticoagulation, oncology, women's health, anesthesia, and analgesia. The company was founded in 1939 an… Read more
China Resources Double-Crane Pharmaceutical Co Ltd (600062) - Net Assets
Latest net assets as of September 2025: CN¥12.16 Billion CNY
Based on the latest financial reports, China Resources Double-Crane Pharmaceutical Co Ltd (600062) has net assets worth CN¥12.16 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¥17.01 Billion) and total liabilities (CN¥4.85 Billion). 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¥12.16 Billion |
| % of Total Assets | 71.48% |
| Annual Growth Rate | 17.2% |
| 5-Year Change | 18.5% |
| 10-Year Change | 72.71% |
| Growth Volatility | 61.59 |
China Resources Double-Crane Pharmaceutical Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how China Resources Double-Crane Pharmaceutical 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 China Resources Double-Crane Pharmaceutical Co Ltd (1994–2024)
The table below shows the annual net assets of China Resources Double-Crane Pharmaceutical Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.11 Billion | -5.75% |
| 2023-12-31 | CN¥11.79 Billion | +9.88% |
| 2022-12-31 | CN¥10.73 Billion | +2.42% |
| 2021-12-31 | CN¥10.48 Billion | +11.73% |
| 2020-12-31 | CN¥9.38 Billion | +8.07% |
| 2019-12-31 | CN¥8.68 Billion | +9.71% |
| 2018-12-31 | CN¥7.91 Billion | +0.76% |
| 2017-12-31 | CN¥7.85 Billion | +11.51% |
| 2016-12-31 | CN¥7.04 Billion | +9.40% |
| 2015-12-31 | CN¥6.43 Billion | +13.19% |
| 2014-12-31 | CN¥5.68 Billion | +6.52% |
| 2013-12-31 | CN¥5.34 Billion | +13.37% |
| 2012-12-31 | CN¥4.71 Billion | +8.37% |
| 2011-12-31 | CN¥4.34 Billion | +10.63% |
| 2010-12-31 | CN¥3.93 Billion | +11.07% |
| 2009-12-31 | CN¥3.53 Billion | +12.20% |
| 2008-12-31 | CN¥3.15 Billion | +33.23% |
| 2007-12-31 | CN¥2.36 Billion | +18.52% |
| 2006-12-31 | CN¥2.00 Billion | +2.88% |
| 2005-12-31 | CN¥1.94 Billion | +12.27% |
| 2004-12-31 | CN¥1.73 Billion | +0.62% |
| 2003-12-31 | CN¥1.72 Billion | +6.96% |
| 2002-12-31 | CN¥1.60 Billion | +7.71% |
| 2001-12-31 | CN¥1.49 Billion | +74.21% |
| 2000-12-31 | CN¥855.27 Million | +20.25% |
| 1999-12-31 | CN¥711.23 Million | +31.36% |
| 1998-12-31 | CN¥541.45 Million | +14.49% |
| 1997-12-31 | CN¥472.91 Million | +346.93% |
| 1996-12-31 | CN¥105.81 Million | +2.61% |
| 1995-12-31 | CN¥103.12 Million | +8.65% |
| 1994-12-31 | CN¥94.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Resources Double-Crane Pharmaceutical 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 483497.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.24 Billion | 88.83% |
| Common Stock | CN¥1.04 Billion | 9.98% |
| Other Comprehensive Income | CN¥-19.30 Million | -0.19% |
| Other Components | CN¥143.30 Million | 1.38% |
| Total Equity | CN¥10.41 Billion | 100.00% |
China Resources Double-Crane Pharmaceutical Co Ltd Competitors by Market Cap
The table below lists competitors of China Resources Double-Crane Pharmaceutical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Penske Automotive Group Inc
NYSE:PAG
|
$2.57 Billion |
|
Haemonetics Corporation
NYSE:HAE
|
$2.57 Billion |
|
Graham Holdings Co
NYSE:GHC
|
$2.57 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
$2.57 Billion |
|
McGrath RentCorp
NASDAQ:MGRC
|
$2.56 Billion |
|
Waaree Energies Limited
NSE:WAAREEENER
|
$2.56 Billion |
|
Kangmei Pharmaceutical Co Ltd
SHG:600518
|
$2.56 Billion |
|
Drax Group plc
PINK:DRXGF
|
$2.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Resources Double-Crane Pharmaceutical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,090,411,326 to 10,407,864,932, a change of -682,546,394 (-6.2%).
- Net income of 1,627,718,410 contributed positively to equity growth.
- Dividend payments of 1,479,288,722 reduced retained earnings.
- Share repurchases of 5,355,569 reduced equity.
- Other comprehensive income decreased equity by 399,345,375.
- Other factors decreased equity by 426,275,138.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.63 Billion | +15.64% |
| Dividends Paid | CN¥1.48 Billion | -14.21% |
| Share Repurchases | CN¥5.36 Million | -0.05% |
| Other Comprehensive Income | CN¥-399.35 Million | -3.84% |
| Other Changes | CN¥-426.28 Million | -4.1% |
| Total Change | CN¥- | -6.15% |
Book Value vs Market Value Analysis
This analysis compares China Resources Double-Crane Pharmaceutical 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: 1.80x
- 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 146.32x to 1.80x 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¥18.22 | x |
| 1995-12-31 | CN¥0.14 | CN¥18.22 | x |
| 1996-12-31 | CN¥0.14 | CN¥18.22 | x |
| 1997-12-31 | CN¥0.62 | CN¥18.22 | x |
| 1998-12-31 | CN¥0.70 | CN¥18.22 | x |
| 1999-12-31 | CN¥0.91 | CN¥18.22 | x |
| 2000-12-31 | CN¥1.04 | CN¥18.22 | x |
| 2001-12-31 | CN¥1.68 | CN¥18.22 | x |
| 2002-12-31 | CN¥1.84 | CN¥18.22 | x |
| 2003-12-31 | CN¥1.96 | CN¥18.22 | x |
| 2004-12-31 | CN¥2.02 | CN¥18.22 | x |
| 2005-12-31 | CN¥2.27 | CN¥18.22 | x |
| 2006-12-31 | CN¥2.38 | CN¥18.22 | x |
| 2007-12-31 | CN¥2.88 | CN¥18.22 | x |
| 2008-12-31 | CN¥3.84 | CN¥18.22 | x |
| 2009-12-31 | CN¥4.22 | CN¥18.22 | x |
| 2010-12-31 | CN¥4.69 | CN¥18.22 | x |
| 2011-12-31 | CN¥5.17 | CN¥18.22 | x |
| 2012-12-31 | CN¥5.65 | CN¥18.22 | x |
| 2013-12-31 | CN¥6.48 | CN¥18.22 | x |
| 2014-12-31 | CN¥5.44 | CN¥18.22 | x |
| 2015-12-31 | CN¥5.85 | CN¥18.22 | x |
| 2016-12-31 | CN¥6.41 | CN¥18.22 | x |
| 2017-12-31 | CN¥7.15 | CN¥18.22 | x |
| 2018-12-31 | CN¥7.51 | CN¥18.22 | x |
| 2019-12-31 | CN¥8.25 | CN¥18.22 | x |
| 2020-12-31 | CN¥8.91 | CN¥18.22 | x |
| 2021-12-31 | CN¥9.49 | CN¥18.22 | x |
| 2022-12-31 | CN¥9.68 | CN¥18.22 | x |
| 2023-12-31 | CN¥10.83 | CN¥18.22 | x |
| 2024-12-31 | CN¥10.13 | CN¥18.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Resources Double-Crane Pharmaceutical 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): 15.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.52%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.60x
- Recent ROE (15.64%) is above the historical average (14.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 33.15% | 20.07% | 1.19x | 1.38x | CN¥21.97 Million |
| 1995 | 42.66% | 26.17% | 1.27x | 1.28x | CN¥33.68 Million |
| 1996 | 47.88% | 24.31% | 1.35x | 1.46x | CN¥40.08 Million |
| 1997 | 10.05% | 20.12% | 0.41x | 1.22x | CN¥257.52K |
| 1998 | 11.40% | 17.36% | 0.47x | 1.39x | CN¥7.48 Million |
| 1999 | 10.96% | 10.49% | 0.61x | 1.71x | CN¥6.66 Million |
| 2000 | 13.72% | 9.28% | 0.79x | 1.88x | CN¥29.39 Million |
| 2001 | 11.85% | 6.38% | 0.87x | 2.14x | CN¥23.74 Million |
| 2002 | 12.00% | 4.57% | 1.02x | 2.58x | CN¥28.02 Million |
| 2003 | 4.25% | 1.49% | 1.00x | 2.85x | CN¥-85.82 Million |
| 2004 | 0.31% | 0.11% | 1.04x | 2.62x | CN¥-149.13 Million |
| 2005 | 10.73% | 4.03% | 1.21x | 2.21x | CN¥12.70 Million |
| 2006 | 9.08% | 4.07% | 1.24x | 1.80x | CN¥-16.66 Million |
| 2007 | 19.91% | 9.60% | 1.24x | 1.67x | CN¥217.83 Million |
| 2008 | 12.36% | 7.69% | 1.16x | 1.39x | CN¥72.62 Million |
| 2009 | 13.08% | 9.01% | 1.07x | 1.36x | CN¥106.97 Million |
| 2010 | 13.46% | 9.69% | 1.03x | 1.35x | CN¥133.78 Million |
| 2011 | 12.42% | 8.35% | 1.04x | 1.43x | CN¥103.23 Million |
| 2012 | 13.20% | 8.79% | 1.07x | 1.40x | CN¥149.05 Million |
| 2013 | 16.33% | 12.74% | 1.05x | 1.22x | CN¥337.42 Million |
| 2014 | 12.97% | 14.29% | 0.78x | 1.17x | CN¥168.71 Million |
| 2015 | 10.83% | 12.87% | 0.66x | 1.27x | CN¥50.40 Million |
| 2016 | 10.68% | 13.00% | 0.67x | 1.23x | CN¥45.59 Million |
| 2017 | 11.30% | 13.12% | 0.68x | 1.27x | CN¥96.93 Million |
| 2018 | 12.35% | 11.78% | 0.80x | 1.31x | CN¥184.60 Million |
| 2019 | 12.27% | 11.25% | 0.83x | 1.31x | CN¥194.87 Million |
| 2020 | 10.82% | 11.82% | 0.68x | 1.34x | CN¥75.75 Million |
| 2021 | 9.45% | 10.27% | 0.67x | 1.38x | CN¥-54.86 Million |
| 2022 | 11.77% | 12.26% | 0.66x | 1.44x | CN¥177.80 Million |
| 2023 | 15.06% | 14.77% | 0.73x | 1.39x | CN¥561.34 Million |
| 2024 | 15.64% | 14.52% | 0.67x | 1.60x | CN¥586.93 Million |
Industry Comparison
This section compares China Resources Double-Crane Pharmaceutical Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $2,123,990,643
- Average return on equity (ROE) among peers: -0.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Resources Double-Crane Pharmaceutical Co Ltd (600062) | CN¥12.16 Billion | 33.15% | 0.40x | $2.56 Billion |
| Shenzhen Neptunus Bioengineering Co Ltd (000078) | $6.47 Billion | 9.88% | 3.77x | $616.08 Million |
| Anhui Fengyuan Pharmaceutical Co Ltd (000153) | $1.18 Billion | 2.74% | 0.95x | $320.56 Million |
| Shan Dong Dong-E E-Jiao Co Ltd (000423) | $10.33 Billion | 15.07% | 0.27x | $3.03 Billion |
| Wedge Industrial Co Ltd (000534) | $298.72 Million | 1.96% | 0.38x | $1.77 Billion |
| Yunnan Baiyao Group Co Ltd (000538) | $35.11 Million | 18.13% | 0.80x | $5.62 Billion |
| Hainan Haiyao Co Ltd (000566) | $353.98 Million | -9.58% | 0.80x | $702.18 Million |
| Tus Pharmaceutical Group Co Ltd (000590) | $269.51 Million | -61.02% | 1.05x | $317.08 Million |
| Northeast Pharmaceutical Group Co Ltd (000597) | $927.49 Million | 2.65% | 1.38x | $425.60 Million |
| Jilin Aodong Pharmaceutical Group Co Ltd (000623) | $1.11 Billion | 7.32% | 0.29x | $2.05 Billion |
| Renhe Pharmacy Co Ltd (000650) | $261.49 Million | 10.60% | 0.82x | $777.45 Million |