China Resources Double-Crane Pharmaceutical Co Ltd Net Assets
China Resources Double-Crane Pharmaceutical Co Ltd net assets. Based on the latest financial reports, China Resources Double-Crane Pharmaceutical Co Ltd (600062) has net assets worth CN¥12.16 Billion CNY (≈ $1.78 Billion USD) 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 ≈ $2.49 Billion USD) and total liabilities (CN¥4.85 Billion ≈ $710.14 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. See 600062 net asset quality score to measure how much of total assets are equity-financed.
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 |
Net Assets of China Resources Double-Crane Pharmaceutical Co Ltd (1994–2024)
Net assets of China Resources Double-Crane Pharmaceutical Co Ltd from 1994 to 2024. This chart illustrates how China Resources Double-Crane Pharmaceutical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore China Resources Double-Crane Pharmaceuti equity growth rate to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see how much is China Resources Double-Crane Pharmaceuti worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.11 Billion ≈ $1.63 Billion |
-5.75% |
| 2023-12-31 | CN¥11.79 Billion ≈ $1.73 Billion |
+9.88% |
| 2022-12-31 | CN¥10.73 Billion ≈ $1.57 Billion |
+2.42% |
| 2021-12-31 | CN¥10.48 Billion ≈ $1.53 Billion |
+11.73% |
| 2020-12-31 | CN¥9.38 Billion ≈ $1.37 Billion |
+8.07% |
| 2019-12-31 | CN¥8.68 Billion ≈ $1.27 Billion |
+9.71% |
| 2018-12-31 | CN¥7.91 Billion ≈ $1.16 Billion |
+0.76% |
| 2017-12-31 | CN¥7.85 Billion ≈ $1.15 Billion |
+11.51% |
| 2016-12-31 | CN¥7.04 Billion ≈ $1.03 Billion |
+9.40% |
| 2015-12-31 | CN¥6.43 Billion ≈ $941.48 Million |
+13.19% |
| 2014-12-31 | CN¥5.68 Billion ≈ $831.80 Million |
+6.52% |
| 2013-12-31 | CN¥5.34 Billion ≈ $780.86 Million |
+13.37% |
| 2012-12-31 | CN¥4.71 Billion ≈ $688.74 Million |
+8.37% |
| 2011-12-31 | CN¥4.34 Billion ≈ $635.56 Million |
+10.63% |
| 2010-12-31 | CN¥3.93 Billion ≈ $574.49 Million |
+11.07% |
| 2009-12-31 | CN¥3.53 Billion ≈ $517.25 Million |
+12.20% |
| 2008-12-31 | CN¥3.15 Billion ≈ $461.01 Million |
+33.23% |
| 2007-12-31 | CN¥2.36 Billion ≈ $346.03 Million |
+18.52% |
| 2006-12-31 | CN¥2.00 Billion ≈ $291.96 Million |
+2.88% |
| 2005-12-31 | CN¥1.94 Billion ≈ $283.78 Million |
+12.27% |
| 2004-12-31 | CN¥1.73 Billion ≈ $252.76 Million |
+0.62% |
| 2003-12-31 | CN¥1.72 Billion ≈ $251.20 Million |
+6.96% |
| 2002-12-31 | CN¥1.60 Billion ≈ $234.85 Million |
+7.71% |
| 2001-12-31 | CN¥1.49 Billion ≈ $218.03 Million |
+74.21% |
| 2000-12-31 | CN¥855.27 Million ≈ $125.15 Million |
+20.25% |
| 1999-12-31 | CN¥711.23 Million ≈ $104.08 Million |
+31.36% |
| 1998-12-31 | CN¥541.45 Million ≈ $79.23 Million |
+14.49% |
| 1997-12-31 | CN¥472.91 Million ≈ $69.20 Million |
+346.93% |
| 1996-12-31 | CN¥105.81 Million ≈ $15.48 Million |
+2.61% |
| 1995-12-31 | CN¥103.12 Million ≈ $15.09 Million |
+8.65% |
| 1994-12-31 | CN¥94.91 Million ≈ $13.89 Million |
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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.
China Resources Double-Crane Pharmaceutical Co Ltd Net Assets Breakdown (December 2024)
China Resources Double-Crane Pharmaceutical Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Proximus NV
BR:PROX
|
$2.34 Billion |
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
$2.34 Billion |
|
Hpsp Co Ltd
KQ:403870
|
$2.35 Billion |
|
Shanghai Huace Navigation Technology Ltd
SHE:300627
|
$2.35 Billion |
|
Shandong Buchang Pharmaceuticals Co Ltd
SHG:603858
|
$2.34 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
$2.34 Billion |
|
Civitas Resources Inc
NYSE:CIVI
|
$2.34 Billion |
|
Mister Car Wash, Inc. Common Stock
NASDAQ:MCW
|
$2.34 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: 1.52x
- 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 123.59x to 1.52x 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¥15.39 | x |
| 1995-12-31 | CN¥0.14 | CN¥15.39 | x |
| 1996-12-31 | CN¥0.14 | CN¥15.39 | x |
| 1997-12-31 | CN¥0.62 | CN¥15.39 | x |
| 1998-12-31 | CN¥0.70 | CN¥15.39 | x |
| 1999-12-31 | CN¥0.91 | CN¥15.39 | x |
| 2000-12-31 | CN¥1.04 | CN¥15.39 | x |
| 2001-12-31 | CN¥1.68 | CN¥15.39 | x |
| 2002-12-31 | CN¥1.84 | CN¥15.39 | x |
| 2003-12-31 | CN¥1.96 | CN¥15.39 | x |
| 2004-12-31 | CN¥2.02 | CN¥15.39 | x |
| 2005-12-31 | CN¥2.27 | CN¥15.39 | x |
| 2006-12-31 | CN¥2.38 | CN¥15.39 | x |
| 2007-12-31 | CN¥2.88 | CN¥15.39 | x |
| 2008-12-31 | CN¥3.84 | CN¥15.39 | x |
| 2009-12-31 | CN¥4.22 | CN¥15.39 | x |
| 2010-12-31 | CN¥4.69 | CN¥15.39 | x |
| 2011-12-31 | CN¥5.17 | CN¥15.39 | x |
| 2012-12-31 | CN¥5.65 | CN¥15.39 | x |
| 2013-12-31 | CN¥6.48 | CN¥15.39 | x |
| 2014-12-31 | CN¥5.44 | CN¥15.39 | x |
| 2015-12-31 | CN¥5.85 | CN¥15.39 | x |
| 2016-12-31 | CN¥6.41 | CN¥15.39 | x |
| 2017-12-31 | CN¥7.15 | CN¥15.39 | x |
| 2018-12-31 | CN¥7.51 | CN¥15.39 | x |
| 2019-12-31 | CN¥8.25 | CN¥15.39 | x |
| 2020-12-31 | CN¥8.91 | CN¥15.39 | x |
| 2021-12-31 | CN¥9.49 | CN¥15.39 | x |
| 2022-12-31 | CN¥9.68 | CN¥15.39 | x |
| 2023-12-31 | CN¥10.83 | CN¥15.39 | x |
| 2024-12-31 | CN¥10.13 | CN¥15.39 | 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: $5,943,649,877
- Average return on equity (ROE) among peers: 15.51%
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 | $2.34 Billion |
| Shenzhen Neptunus Bioengineering Co Ltd (000078) | $57.63 Million | 31.51% | 1.53x | $477.42 Million |
| Anhui Fengyuan Pharmaceutical Co Ltd (000153) | $44.35 Million | 17.35% | 1.49x | $354.95 Million |
| Shan Dong Dong-E E-Jiao Co Ltd (000423) | $9.78 Billion | 0.44% | 0.12x | $4.52 Billion |
| Livzon Pharmaceutical Group Inc (000513) | $623.47 Million | 16.22% | 0.40x | $2.45 Billion |
| Wedge Industrial Co Ltd (000534) | $1.54 Billion | 9.43% | 0.69x | $1.19 Billion |
| Yunnan Baiyao Group Co Ltd (000538) | $38.53 Billion | 7.79% | 0.38x | $14.02 Billion |
| Hainan Haiyao Co Ltd (000566) | $471.68 Million | 7.92% | 0.79x | $742.30 Million |
| Tus Pharmaceutical Group Co Ltd (000590) | $263.96 Million | 20.90% | 1.39x | $271.23 Million |
| Northeast Pharmaceutical Group Co Ltd (000597) | $1.57 Billion | 22.73% | 1.61x | $906.21 Million |
| Jilin Aodong Pharmaceutical Group Co Ltd (000623) | $6.56 Billion | 20.83% | 0.09x | $2.95 Billion |
About 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