Citic Guoan Wine Co Ltd Net Assets
Citic Guoan Wine Co Ltd net assets. Based on the latest financial reports, Citic Guoan Wine Co Ltd (600084) has net assets worth CN¥1.27 Billion CNY (≈ $186.22 Million 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¥1.42 Billion ≈ $207.41 Million USD) and total liabilities (CN¥144.76 Million ≈ $21.18 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. Also explore Citic Guoan Wine Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Citic Guoan Wine Co Ltd (1994–2024)
Net assets of Citic Guoan Wine Co Ltd from 1994 to 2024. This chart illustrates how Citic Guoan Wine Co Ltd's net assets have evolved over time, based on quarterly financial data. See Citic Guoan Wine Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see 600084 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.24 Billion ≈ $181.69 Million |
+1.34% |
| 2023-12-31 | CN¥1.23 Billion ≈ $179.28 Million |
+0.07% |
| 2022-12-31 | CN¥1.22 Billion ≈ $179.16 Million |
-42.93% |
| 2021-12-31 | CN¥2.15 Billion ≈ $313.96 Million |
+0.52% |
| 2020-12-31 | CN¥2.13 Billion ≈ $312.32 Million |
-2.60% |
| 2019-12-31 | CN¥2.19 Billion ≈ $320.66 Million |
+0.76% |
| 2018-12-31 | CN¥2.17 Billion ≈ $318.24 Million |
-7.64% |
| 2017-12-31 | CN¥2.35 Billion ≈ $344.57 Million |
-3.14% |
| 2016-12-31 | CN¥2.43 Billion ≈ $355.75 Million |
+0.87% |
| 2015-12-31 | CN¥2.41 Billion ≈ $352.69 Million |
+1.16% |
| 2014-12-31 | CN¥2.38 Billion ≈ $348.64 Million |
+163.86% |
| 2013-12-31 | CN¥902.94 Million ≈ $132.13 Million |
+0.98% |
| 2012-12-31 | CN¥894.14 Million ≈ $130.84 Million |
+1.58% |
| 2011-12-31 | CN¥880.21 Million ≈ $128.80 Million |
-17.35% |
| 2010-12-31 | CN¥1.06 Billion ≈ $155.84 Million |
+0.21% |
| 2009-12-31 | CN¥1.06 Billion ≈ $155.50 Million |
+255.68% |
| 2008-12-31 | CN¥-682.62 Million ≈ $-99.89 Million |
-84.90% |
| 2007-12-31 | CN¥-369.18 Million ≈ $-54.02 Million |
+1.31% |
| 2006-12-31 | CN¥-374.07 Million ≈ $-54.74 Million |
-176.82% |
| 2005-12-31 | CN¥486.96 Million ≈ $71.26 Million |
-49.63% |
| 2004-12-31 | CN¥966.71 Million ≈ $141.46 Million |
+4.58% |
| 2003-12-31 | CN¥924.33 Million ≈ $135.26 Million |
+11.71% |
| 2002-12-31 | CN¥827.44 Million ≈ $121.08 Million |
+19.55% |
| 2001-12-31 | CN¥692.15 Million ≈ $101.28 Million |
+7.16% |
| 2000-12-31 | CN¥645.90 Million ≈ $94.52 Million |
+15.93% |
| 1999-12-31 | CN¥557.13 Million ≈ $81.53 Million |
+42.46% |
| 1998-12-31 | CN¥391.08 Million ≈ $57.23 Million |
+15.09% |
| 1997-12-31 | CN¥339.81 Million ≈ $49.73 Million |
+474.87% |
| 1996-12-31 | CN¥59.11 Million ≈ $8.65 Million |
+23.58% |
| 1995-12-31 | CN¥47.83 Million ≈ $7.00 Million |
+33.75% |
| 1994-12-31 | CN¥35.76 Million ≈ $5.23 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.
Citic Guoan Wine Co Ltd Net Assets Breakdown (December 2024)
Citic Guoan Wine Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Ascletis Pharma Inc
F:2VJ
|
$666.26 Million |
|
Nanjing Xinlian Electronics Co Ltd
SHE:002546
|
$666.38 Million |
|
Up Fintech Holding Ltd
NASDAQ:TIGR
|
$666.39 Million |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
$666.41 Million |
|
Qingdao Tianneng Heavy Industries Co Ltd
SHE:300569
|
$665.97 Million |
|
Da-Li Development Co Ltd
TW:6177
|
$665.95 Million |
|
Changzhou Architectural Research Institute Group Co. Ltd. A
SHE:301115
|
$665.75 Million |
|
Zhejiang Chunhui Intelligent Control Co. Ltd.
SHE:300943
|
$665.70 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: 3.52x
- 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 53.25x to 3.52x 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¥0.08 | CN¥4.05 | x |
| 1995-12-31 | CN¥0.10 | CN¥4.05 | x |
| 1996-12-31 | CN¥0.13 | CN¥4.05 | x |
| 1997-12-31 | CN¥0.72 | CN¥4.05 | x |
| 1998-12-31 | CN¥0.83 | CN¥4.05 | x |
| 1999-12-31 | CN¥1.18 | CN¥4.05 | x |
| 2000-12-31 | CN¥1.37 | CN¥4.05 | x |
| 2001-12-31 | CN¥1.44 | CN¥4.05 | x |
| 2002-12-31 | CN¥1.55 | CN¥4.05 | x |
| 2003-12-31 | CN¥1.67 | CN¥4.05 | x |
| 2004-12-31 | CN¥1.67 | CN¥4.05 | x |
| 2005-12-31 | CN¥0.73 | CN¥4.05 | x |
| 2006-12-31 | CN¥-0.83 | CN¥4.05 | x |
| 2007-12-31 | CN¥-0.83 | CN¥4.05 | x |
| 2008-12-31 | CN¥-1.46 | CN¥4.05 | x |
| 2009-12-31 | CN¥1.84 | CN¥4.05 | x |
| 2010-12-31 | CN¥1.31 | CN¥4.05 | x |
| 2011-12-31 | CN¥1.16 | CN¥4.05 | x |
| 2012-12-31 | CN¥1.16 | CN¥4.05 | x |
| 2013-12-31 | CN¥1.17 | CN¥4.05 | x |
| 2014-12-31 | CN¥3.00 | CN¥4.05 | x |
| 2015-12-31 | CN¥2.18 | CN¥4.05 | x |
| 2016-12-31 | CN¥2.16 | CN¥4.05 | x |
| 2017-12-31 | CN¥2.09 | CN¥4.05 | x |
| 2018-12-31 | CN¥1.95 | CN¥4.05 | x |
| 2019-12-31 | CN¥1.96 | CN¥4.05 | x |
| 2020-12-31 | CN¥1.91 | CN¥4.05 | x |
| 2021-12-31 | CN¥1.92 | CN¥4.05 | x |
| 2022-12-31 | CN¥1.14 | CN¥4.05 | x |
| 2023-12-31 | CN¥1.15 | CN¥4.05 | x |
| 2024-12-31 | CN¥1.15 | CN¥4.05 | 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: $9,787,018,117
- Average return on equity (ROE) among peers: 21.08%
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 | $665.97 Million |
| Luzhou Lao Jiao Co Ltd (000568) | $3.49 Billion | 36.25% | 0.46x | $16.60 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $25.69 Billion | 21.47% | 0.58x | $5.72 Billion |
| Jiugui Liquor Co Ltd (000799) | $2.43 Billion | 12.32% | 0.33x | $1.64 Billion |
| Wuliangye Yibin Co Ltd (000858) | $31.52 Billion | 31.52% | 0.44x | $42.43 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $1.62 Billion | 6.04% | 1.19x | $1.26 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $573.10 Million | 14.67% | 0.43x | $1.13 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $29.49 Billion | 22.47% | 0.47x | $8.17 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $118.48 Million | 36.23% | 0.48x | $2.63 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $1.78 Billion | 16.93% | 0.21x | $459.35 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $1.14 Billion | 12.86% | 0.39x | $859.37 Million |
About Citic Guoan Wine Co Ltd
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