Citic Guoan Wine Co Ltd

SHG:600084 China Beverages - Wineries & Distilleries
Market Cap
$1.07 Billion
CN¥7.88 Billion CNY
Market Cap Rank
#10837 Global
#2455 in China
Share Price
CN¥7.01
Change (1 day)
-1.54%
52-Week Range
CN¥5.01 - CN¥7.72
All Time High
CN¥13.67
Categories
Companies in China Beverages - Wineries & Distilleries
About

CITIC Niya Wine Co., Ltd. engages in the planting, production, and sale of grape wine primarily in China. It is also involved in the import and export of goods and technologies; sale of hardware and electrical products, chemical raw materials, electromechanical products, instruments and meters, daily necessities, office supplies, arts and crafts, and agricultural and livestock products; and agric… Read more

Citic Guoan Wine Co Ltd (600084) - Net Assets

Latest net assets as of September 2025: CN¥1.27 Billion CNY

Based on the latest financial reports, Citic Guoan Wine Co Ltd (600084) has net assets worth CN¥1.27 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¥1.42 Billion) and total liabilities (CN¥144.76 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¥1.27 Billion
% of Total Assets 89.79%
Annual Growth Rate 12.55%
5-Year Change -41.83%
10-Year Change -48.49%
Growth Volatility 102.35

Citic Guoan Wine Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Citic Guoan 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 Citic Guoan Wine Co Ltd (1994–2024)

The table below shows the annual net assets of Citic Guoan Wine Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.24 Billion +1.34%
2023-12-31 CN¥1.23 Billion +0.07%
2022-12-31 CN¥1.22 Billion -42.93%
2021-12-31 CN¥2.15 Billion +0.52%
2020-12-31 CN¥2.13 Billion -2.60%
2019-12-31 CN¥2.19 Billion +0.76%
2018-12-31 CN¥2.17 Billion -7.64%
2017-12-31 CN¥2.35 Billion -3.14%
2016-12-31 CN¥2.43 Billion +0.87%
2015-12-31 CN¥2.41 Billion +1.16%
2014-12-31 CN¥2.38 Billion +163.86%
2013-12-31 CN¥902.94 Million +0.98%
2012-12-31 CN¥894.14 Million +1.58%
2011-12-31 CN¥880.21 Million -17.35%
2010-12-31 CN¥1.06 Billion +0.21%
2009-12-31 CN¥1.06 Billion +255.68%
2008-12-31 CN¥-682.62 Million -84.90%
2007-12-31 CN¥-369.18 Million +1.31%
2006-12-31 CN¥-374.07 Million -176.82%
2005-12-31 CN¥486.96 Million -49.63%
2004-12-31 CN¥966.71 Million +4.58%
2003-12-31 CN¥924.33 Million +11.71%
2002-12-31 CN¥827.44 Million +19.55%
2001-12-31 CN¥692.15 Million +7.16%
2000-12-31 CN¥645.90 Million +15.93%
1999-12-31 CN¥557.13 Million +42.46%
1998-12-31 CN¥391.08 Million +15.09%
1997-12-31 CN¥339.81 Million +474.87%
1996-12-31 CN¥59.11 Million +23.58%
1995-12-31 CN¥47.83 Million +33.75%
1994-12-31 CN¥35.76 Million --

Equity Component Analysis

This analysis shows how different components contribute to Citic Guoan 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 decreased by 259593271300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.12 Billion 86.85%
Other Comprehensive Income CN¥86.58 Million 6.69%
Other Components CN¥2.68 Billion 207.09%
Total Equity CN¥1.29 Billion 100.00%

Citic Guoan Wine Co Ltd Competitors by Market Cap

The table below lists competitors of Citic Guoan Wine Co Ltd ranked by their market capitalization.

Company Market Cap
Hanon Systems
KO:018880
 		$445.05 Million
KoMiCo Ltd
KQ:183300
 		$445.06 Million
CJ ENM CO. Ltd
KQ:035760
 		$445.25 Million
Solareast Holdings Co Ltd
SHG:603366
 		$445.39 Million
Shenzhen Worldunion Properties Consultancy Inc
SHE:002285
 		$444.90 Million
Comture Corporation
PINK:CMTUF
 		$444.88 Million
Compass Pathways Plc
NASDAQ:CMPS
 		$444.83 Million
Citra Marga Nusaphala Persada
JK:CMNP
 		$444.59 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,277,566,867 to 1,293,929,064, a change of 16,362,197 (1.3%).
  • Net income of 16,635,018 contributed positively to equity growth.
  • Dividend payments of 260,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 272,821.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥16.64 Million +1.29%
Dividends Paid CN¥260.00K -0.02%
Other Comprehensive Income CN¥-272.82K -0.02%
Other Changes CN¥260.00K +0.02%
Total Change CN¥- 1.28%

Book Value vs Market Value Analysis

This analysis compares Citic Guoan 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: 6.09x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 92.17x to 6.09x 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¥0.08 CN¥7.01 x
1995-12-31 CN¥0.10 CN¥7.01 x
1996-12-31 CN¥0.13 CN¥7.01 x
1997-12-31 CN¥0.72 CN¥7.01 x
1998-12-31 CN¥0.83 CN¥7.01 x
1999-12-31 CN¥1.18 CN¥7.01 x
2000-12-31 CN¥1.37 CN¥7.01 x
2001-12-31 CN¥1.44 CN¥7.01 x
2002-12-31 CN¥1.55 CN¥7.01 x
2003-12-31 CN¥1.67 CN¥7.01 x
2004-12-31 CN¥1.67 CN¥7.01 x
2005-12-31 CN¥0.73 CN¥7.01 x
2006-12-31 CN¥-0.83 CN¥7.01 x
2007-12-31 CN¥-0.83 CN¥7.01 x
2008-12-31 CN¥-1.46 CN¥7.01 x
2009-12-31 CN¥1.84 CN¥7.01 x
2010-12-31 CN¥1.31 CN¥7.01 x
2011-12-31 CN¥1.16 CN¥7.01 x
2012-12-31 CN¥1.16 CN¥7.01 x
2013-12-31 CN¥1.17 CN¥7.01 x
2014-12-31 CN¥3.00 CN¥7.01 x
2015-12-31 CN¥2.18 CN¥7.01 x
2016-12-31 CN¥2.16 CN¥7.01 x
2017-12-31 CN¥2.09 CN¥7.01 x
2018-12-31 CN¥1.95 CN¥7.01 x
2019-12-31 CN¥1.96 CN¥7.01 x
2020-12-31 CN¥1.91 CN¥7.01 x
2021-12-31 CN¥1.92 CN¥7.01 x
2022-12-31 CN¥1.14 CN¥7.01 x
2023-12-31 CN¥1.15 CN¥7.01 x
2024-12-31 CN¥1.15 CN¥7.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Citic Guoan 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): 1.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.30%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 1.11x
  • Recent ROE (1.29%) is above the historical average (-0.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 48.99% 23.40% 0.72x 2.91x CN¥13.95 Million
1995 44.30% 27.49% 0.52x 3.08x CN¥16.40 Million
1996 50.06% 12.92% 1.20x 3.24x CN¥23.68 Million
1997 10.42% 7.08% 0.95x 1.54x CN¥1.43 Million
1998 13.11% 8.42% 0.88x 1.77x CN¥12.16 Million
1999 7.30% 8.19% 0.48x 1.87x CN¥-14.98 Million
2000 13.70% 12.84% 0.43x 2.47x CN¥23.81 Million
2001 10.86% 8.62% 0.44x 2.84x CN¥5.85 Million
2002 10.50% 6.07% 0.51x 3.40x CN¥3.62 Million
2003 7.09% 2.22% 0.47x 6.87x CN¥-22.89 Million
2004 0.99% 0.40% 0.38x 6.44x CN¥-70.70 Million
2005 -108.73% -27.62% 0.36x 11.06x CN¥-408.80 Million
2006 0.00% -145.57% 0.13x 0.00x CN¥-494.37 Million
2007 0.00% 1.14% 0.24x 0.00x CN¥45.51 Million
2008 0.00% -64.27% 0.20x 0.00x CN¥-238.43 Million
2009 -21.29% -65.39% 0.10x 3.13x CN¥-332.46 Million
2010 6.88% 15.65% 0.16x 2.81x CN¥-34.68 Million
2011 -19.81% -34.19% 0.19x 2.99x CN¥-276.35 Million
2012 1.06% 1.61% 0.22x 3.00x CN¥-83.74 Million
2013 1.65% 2.85% 0.18x 3.14x CN¥-79.53 Million
2014 0.43% 2.00% 0.13x 1.63x CN¥-232.94 Million
2015 0.63% 5.12% 0.08x 1.60x CN¥-229.46 Million
2016 0.52% 4.81% 0.07x 1.49x CN¥-230.64 Million
2017 -3.83% -22.37% 0.14x 1.25x CN¥-324.26 Million
2018 -7.19% -45.93% 0.12x 1.28x CN¥-375.91 Million
2019 0.68% 6.01% 0.11x 1.04x CN¥-205.41 Million
2020 -2.63% -59.61% 0.04x 1.06x CN¥-271.09 Million
2021 0.78% 7.78% 0.09x 1.08x CN¥-198.95 Million
2022 -69.12% -603.28% 0.11x 1.08x CN¥-1.01 Billion
2023 0.29% 1.74% 0.15x 1.11x CN¥-124.08 Million
2024 1.29% 10.30% 0.11x 1.11x CN¥-112.76 Million

Industry Comparison

This section compares Citic Guoan 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
Citic Guoan Wine Co Ltd (600084) CN¥1.27 Billion 48.99% 0.11x $445.00 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