Shanghai Maling Aquarius Co Ltd
Shanghai Bright Meat Group Co., Ltd. engages in the production, manufacture, and distribution of food products in China. The company offers pork, beef, mutton, canned food, health wine, monosodium glutamate, baked food, meat products, candy, honey, drinking water, noodles, snacks foods, etc., as well as engages in the breeding and slaughtering activities. It also provides semi-finished meat prepa… Read more
Shanghai Maling Aquarius Co Ltd (600073) - Net Assets
Latest net assets as of September 2025: CN¥6.81 Billion CNY
Based on the latest financial reports, Shanghai Maling Aquarius Co Ltd (600073) has net assets worth CN¥6.81 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¥13.79 Billion) and total liabilities (CN¥6.98 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¥6.81 Billion |
| % of Total Assets | 49.37% |
| Annual Growth Rate | 15.15% |
| 5-Year Change | -6.98% |
| 10-Year Change | 87.32% |
| Growth Volatility | 40.84 |
Shanghai Maling Aquarius Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Shanghai Maling Aquarius 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 Shanghai Maling Aquarius Co Ltd (1994–2024)
The table below shows the annual net assets of Shanghai Maling Aquarius Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.71 Billion | -0.60% |
| 2023-12-31 | CN¥6.75 Billion | -5.33% |
| 2022-12-31 | CN¥7.13 Billion | +6.44% |
| 2021-12-31 | CN¥6.70 Billion | -7.13% |
| 2020-12-31 | CN¥7.22 Billion | +10.63% |
| 2019-12-31 | CN¥6.52 Billion | +13.56% |
| 2018-12-31 | CN¥5.75 Billion | +4.54% |
| 2017-12-31 | CN¥5.50 Billion | +6.85% |
| 2016-12-31 | CN¥5.14 Billion | +43.50% |
| 2015-12-31 | CN¥3.58 Billion | +12.96% |
| 2014-12-31 | CN¥3.17 Billion | +40.75% |
| 2013-12-31 | CN¥2.25 Billion | +9.08% |
| 2012-12-31 | CN¥2.07 Billion | +5.26% |
| 2011-12-31 | CN¥1.96 Billion | +130.99% |
| 2010-12-31 | CN¥850.04 Million | -1.65% |
| 2009-12-31 | CN¥864.31 Million | -4.91% |
| 2008-12-31 | CN¥908.91 Million | -9.11% |
| 2007-12-31 | CN¥1.00 Billion | +7.23% |
| 2006-12-31 | CN¥932.59 Million | +0.24% |
| 2005-12-31 | CN¥930.38 Million | +5.83% |
| 2004-12-31 | CN¥879.10 Million | -2.74% |
| 2003-12-31 | CN¥903.82 Million | +1.25% |
| 2002-12-31 | CN¥892.68 Million | +3.17% |
| 2001-12-31 | CN¥865.23 Million | +2.96% |
| 2000-12-31 | CN¥840.33 Million | -2.68% |
| 1999-12-31 | CN¥863.45 Million | -4.67% |
| 1998-12-31 | CN¥905.71 Million | +15.83% |
| 1997-12-31 | CN¥781.91 Million | +151.91% |
| 1996-12-31 | CN¥310.39 Million | +42.79% |
| 1995-12-31 | CN¥217.37 Million | +123.16% |
| 1994-12-31 | CN¥97.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Maling Aquarius 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 30520.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.15 Billion | 43.82% |
| Common Stock | CN¥937.73 Million | 19.15% |
| Other Components | CN¥1.81 Billion | 37.03% |
| Total Equity | CN¥4.90 Billion | 100.00% |
Shanghai Maling Aquarius Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Maling Aquarius Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sakura Development Co Ltd
TW:2539
|
$516.37 Million |
|
China Everbright Limited
PINK:CEVIF
|
$516.63 Million |
|
Ardmore Shpng
NYSE:ASC
|
$516.76 Million |
|
Guangdong Leadyo IC Testing Co. Ltd. A
SHG:688135
|
$516.78 Million |
|
Zevra Therapeutics Inc.
NASDAQ:ZVRA
|
$516.25 Million |
|
Ai Holdings Corporation
PINK:AIHZF
|
$516.06 Million |
|
Beijing North Star Co Ltd Class A
SHG:601588
|
$515.76 Million |
|
Gielda Papierow Wartosciowych w Warszawie SA
WAR:GPW
|
$515.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Maling Aquarius Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,949,498,401 to 4,895,490,164, a change of -54,008,237 (-1.1%).
- Net income of 216,058,780 contributed positively to equity growth.
- Dividend payments of 204,375,826 reduced retained earnings.
- Other factors decreased equity by 65,691,191.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥216.06 Million | +4.41% |
| Dividends Paid | CN¥204.38 Million | -4.17% |
| Other Changes | CN¥-65.69 Million | -1.34% |
| Total Change | CN¥- | -1.09% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Maling Aquarius 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: 1.26x
- 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 17.40x to 1.26x 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¥0.38 | CN¥6.57 | x |
| 1995-12-31 | CN¥0.66 | CN¥6.57 | x |
| 1996-12-31 | CN¥1.10 | CN¥6.57 | x |
| 1997-12-31 | CN¥3.59 | CN¥6.57 | x |
| 1998-12-31 | CN¥3.84 | CN¥6.57 | x |
| 1999-12-31 | CN¥3.67 | CN¥6.57 | x |
| 2000-12-31 | CN¥3.74 | CN¥6.57 | x |
| 2001-12-31 | CN¥3.79 | CN¥6.57 | x |
| 2002-12-31 | CN¥0.74 | CN¥6.57 | x |
| 2003-12-31 | CN¥0.75 | CN¥6.57 | x |
| 2004-12-31 | CN¥0.75 | CN¥6.57 | x |
| 2005-12-31 | CN¥0.76 | CN¥6.57 | x |
| 2006-12-31 | CN¥0.85 | CN¥6.57 | x |
| 2007-12-31 | CN¥0.83 | CN¥6.57 | x |
| 2008-12-31 | CN¥0.76 | CN¥6.57 | x |
| 2009-12-31 | CN¥0.70 | CN¥6.57 | x |
| 2010-12-31 | CN¥0.72 | CN¥6.57 | x |
| 2011-12-31 | CN¥1.72 | CN¥6.57 | x |
| 2012-12-31 | CN¥2.28 | CN¥6.57 | x |
| 2013-12-31 | CN¥2.41 | CN¥6.57 | x |
| 2014-12-31 | CN¥3.40 | CN¥6.57 | x |
| 2015-12-31 | CN¥3.09 | CN¥6.57 | x |
| 2016-12-31 | CN¥3.37 | CN¥6.57 | x |
| 2017-12-31 | CN¥3.80 | CN¥6.57 | x |
| 2018-12-31 | CN¥4.11 | CN¥6.57 | x |
| 2019-12-31 | CN¥4.29 | CN¥6.57 | x |
| 2020-12-31 | CN¥4.62 | CN¥6.57 | x |
| 2021-12-31 | CN¥4.69 | CN¥6.57 | x |
| 2022-12-31 | CN¥5.17 | CN¥6.57 | x |
| 2023-12-31 | CN¥5.28 | CN¥6.57 | x |
| 2024-12-31 | CN¥5.22 | CN¥6.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Maling Aquarius 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): 4.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.98%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 3.04x
- Recent ROE (4.41%) is below the historical average (6.92%), 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 | 16.75% | 5.77% | 0.72x | 4.04x | CN¥5.32 Million |
| 1995 | 15.24% | 4.48% | 0.64x | 5.33x | CN¥7.16 Million |
| 1996 | 34.55% | 14.40% | 0.79x | 3.06x | CN¥56.22 Million |
| 1997 | 10.24% | 13.19% | 0.57x | 1.37x | CN¥1.82 Million |
| 1998 | 6.81% | 9.45% | 0.50x | 1.44x | CN¥-25.55 Million |
| 1999 | 13.34% | 18.17% | 0.40x | 1.82x | CN¥25.56 Million |
| 2000 | 10.24% | 14.87% | 0.40x | 1.71x | CN¥1.87 Million |
| 2001 | 4.36% | 6.94% | 0.39x | 1.62x | CN¥-44.61 Million |
| 2002 | 1.32% | 1.67% | 0.43x | 1.82x | CN¥-69.28 Million |
| 2003 | 0.29% | 0.34% | 0.43x | 1.93x | CN¥-77.79 Million |
| 2004 | 0.83% | 1.05% | 0.39x | 2.03x | CN¥-74.14 Million |
| 2005 | 0.76% | 0.71% | 0.53x | 2.04x | CN¥-75.35 Million |
| 2006 | 0.55% | 0.51% | 0.48x | 2.25x | CN¥-77.50 Million |
| 2007 | 0.41% | 0.31% | 0.54x | 2.44x | CN¥-83.32 Million |
| 2008 | 0.59% | 0.53% | 0.43x | 2.59x | CN¥-78.47 Million |
| 2009 | -9.00% | -3.45% | 0.85x | 3.08x | CN¥-144.38 Million |
| 2010 | 8.28% | 2.85% | 1.02x | 2.85x | CN¥-13.04 Million |
| 2011 | 7.92% | 2.50% | 1.35x | 2.35x | CN¥-37.58 Million |
| 2012 | 7.29% | 1.74% | 1.49x | 2.80x | CN¥-50.76 Million |
| 2013 | 4.49% | 0.86% | 1.87x | 2.80x | CN¥-109.32 Million |
| 2014 | 1.60% | 0.44% | 1.66x | 2.20x | CN¥-242.86 Million |
| 2015 | 5.51% | 1.34% | 1.59x | 2.59x | CN¥-133.30 Million |
| 2016 | 8.02% | 1.85% | 1.20x | 3.61x | CN¥-63.41 Million |
| 2017 | 7.90% | 1.26% | 1.97x | 3.18x | CN¥-74.52 Million |
| 2018 | 8.03% | 1.38% | 1.92x | 3.03x | CN¥-74.94 Million |
| 2019 | 13.95% | 2.40% | 1.70x | 3.42x | CN¥158.93 Million |
| 2020 | 17.36% | 3.15% | 1.61x | 3.41x | CN¥318.78 Million |
| 2021 | -2.32% | -0.43% | 1.58x | 3.41x | CN¥-541.90 Million |
| 2022 | 10.38% | 2.01% | 1.58x | 3.26x | CN¥18.19 Million |
| 2023 | 4.56% | 1.01% | 1.46x | 3.10x | CN¥-269.38 Million |
| 2024 | 4.41% | 0.98% | 1.48x | 3.04x | CN¥-273.49 Million |
Industry Comparison
This section compares Shanghai Maling Aquarius Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,496,572,190
- Average return on equity (ROE) among peers: -3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Maling Aquarius Co Ltd (600073) | CN¥6.81 Billion | 16.75% | 1.03x | $516.26 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $65.61 Million | -62.17% | 1.91x | $345.26 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $199.49 Million | -32.62% | 2.81x | $346.21 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $727.64 Million | 8.49% | 0.27x | $430.25 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $16.36 Billion | 24.69% | 0.34x | $3.98 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $760.28 Million | -33.42% | 2.17x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $332.95 Million | 17.62% | 0.88x | $266.09 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.35 Billion | 9.31% | 0.15x | $160.97 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.07 Billion | 7.87% | 0.47x | $169.20 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $393.72 Million | 8.08% | 0.70x | $460.31 Million |
| Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) | $2.70 Billion | 14.52% | 0.66x | $903.18 Million |