Xinjiang Yilite Industry Co Ltd

SHG:600197 China Beverages - Wineries & Distilleries
Market Cap
$833.20 Million
CN¥6.11 Billion CNY
Market Cap Rank
#10538 Global
#2368 in China
Share Price
CN¥12.92
Change (1 day)
+0.16%
52-Week Range
CN¥12.77 - CN¥16.79
All Time High
CN¥34.69
About

Xinjiang Yilite Industry Co.,Ltd engages in the wine business in China. Its business areas include liquor, cogeneration, packaging and printing, glass products, and tourism service industries. The company sells its wines under the Yiliwang Wine, Yili No. 1 Cellar, 52 Degree Yili No.1 Cellar, 52 degrees Yili No. 1 Cellar, Yili Kaiyun T01, Yili Fengtan, Yili Fengtan Collection, Yili Laojiano, Yili … Read more

Xinjiang Yilite Industry Co Ltd (600197) - Net Assets

Latest net assets as of September 2025: CN¥3.87 Billion CNY

Based on the latest financial reports, Xinjiang Yilite Industry Co Ltd (600197) has net assets worth CN¥3.87 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¥5.81 Billion) and total liabilities (CN¥1.94 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¥3.87 Billion
% of Total Assets 66.56%
Annual Growth Rate 13.88%
5-Year Change 9.09%
10-Year Change 114.19%
Growth Volatility 43.09

Xinjiang Yilite Industry Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Xinjiang Yilite Industry 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 Xinjiang Yilite Industry Co Ltd (1996–2024)

The table below shows the annual net assets of Xinjiang Yilite Industry Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.93 Billion +0.62%
2023-12-31 CN¥3.90 Billion +4.03%
2022-12-31 CN¥3.75 Billion -1.42%
2021-12-31 CN¥3.81 Billion +5.72%
2020-12-31 CN¥3.60 Billion +21.98%
2019-12-31 CN¥2.95 Billion +15.79%
2018-12-31 CN¥2.55 Billion +13.98%
2017-12-31 CN¥2.24 Billion +15.61%
2016-12-31 CN¥1.93 Billion +5.48%
2015-12-31 CN¥1.83 Billion +10.91%
2014-12-31 CN¥1.65 Billion +11.15%
2013-12-31 CN¥1.49 Billion +11.07%
2012-12-31 CN¥1.34 Billion +11.47%
2011-12-31 CN¥1.20 Billion +10.73%
2010-12-31 CN¥1.09 Billion +5.58%
2009-12-31 CN¥1.03 Billion +2.56%
2008-12-31 CN¥1.00 Billion +10.03%
2007-12-31 CN¥910.69 Million +5.12%
2006-12-31 CN¥866.37 Million +11.53%
2005-12-31 CN¥776.79 Million -10.34%
2004-12-31 CN¥866.40 Million +0.68%
2003-12-31 CN¥860.58 Million +13.22%
2002-12-31 CN¥760.06 Million +2.38%
2001-12-31 CN¥742.37 Million +6.04%
2000-12-31 CN¥700.06 Million +5.06%
1999-12-31 CN¥666.36 Million +235.21%
1998-12-31 CN¥198.79 Million +46.74%
1997-12-31 CN¥135.47 Million +31.14%
1996-12-31 CN¥103.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinjiang Yilite Industry 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 202741070900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.03 Billion 52.33%
Common Stock CN¥472.02 Million 12.18%
Other Components CN¥1.37 Billion 35.48%
Total Equity CN¥3.87 Billion 100.00%

Xinjiang Yilite Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Xinjiang Yilite Industry Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xinjiang Yilite Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,819,423,296 to 3,873,911,692, a change of 54,488,396 (1.4%).
  • Net income of 285,795,196 contributed positively to equity growth.
  • Dividend payments of 188,664,171 reduced retained earnings.
  • Other factors decreased equity by 42,642,629.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥285.80 Million +7.38%
Dividends Paid CN¥188.66 Million -4.87%
Other Changes CN¥-42.64 Million -1.1%
Total Change CN¥- 1.43%

Book Value vs Market Value Analysis

This analysis compares Xinjiang Yilite Industry 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: 1.57x
  • 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 56.28x to 1.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.23 CN¥12.92 x
1997-12-31 CN¥0.30 CN¥12.92 x
1998-12-31 CN¥0.44 CN¥12.92 x
1999-12-31 CN¥1.48 CN¥12.92 x
2000-12-31 CN¥1.55 CN¥12.92 x
2001-12-31 CN¥1.64 CN¥12.92 x
2002-12-31 CN¥1.68 CN¥12.92 x
2003-12-31 CN¥1.86 CN¥12.92 x
2004-12-31 CN¥1.91 CN¥12.92 x
2005-12-31 CN¥1.72 CN¥12.92 x
2006-12-31 CN¥1.90 CN¥12.92 x
2007-12-31 CN¥2.04 CN¥12.92 x
2008-12-31 CN¥2.16 CN¥12.92 x
2009-12-31 CN¥2.22 CN¥12.92 x
2010-12-31 CN¥2.31 CN¥12.92 x
2011-12-31 CN¥2.62 CN¥12.92 x
2012-12-31 CN¥2.95 CN¥12.92 x
2013-12-31 CN¥3.34 CN¥12.92 x
2014-12-31 CN¥3.72 CN¥12.92 x
2015-12-31 CN¥4.13 CN¥12.92 x
2016-12-31 CN¥4.36 CN¥12.92 x
2017-12-31 CN¥4.92 CN¥12.92 x
2018-12-31 CN¥5.64 CN¥12.92 x
2019-12-31 CN¥6.28 CN¥12.92 x
2020-12-31 CN¥7.39 CN¥12.92 x
2021-12-31 CN¥7.79 CN¥12.92 x
2022-12-31 CN¥7.77 CN¥12.92 x
2023-12-31 CN¥8.06 CN¥12.92 x
2024-12-31 CN¥8.21 CN¥12.92 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinjiang Yilite Industry 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): 7.38%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.97%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 1.30x
  • Recent ROE (7.38%) is below the historical average (14.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 24.71% 13.16% 0.67x 2.79x CN¥15.20 Million
1997 48.61% 19.96% 0.93x 2.61x CN¥52.30 Million
1998 37.80% 18.68% 0.96x 2.12x CN¥55.27 Million
1999 10.05% 15.86% 0.43x 1.46x CN¥354.66K
2000 11.61% 22.89% 0.37x 1.37x CN¥11.21 Million
2001 10.39% 21.83% 0.37x 1.29x CN¥2.91 Million
2002 10.43% 21.49% 0.36x 1.35x CN¥3.27 Million
2003 9.34% 20.57% 0.32x 1.42x CN¥-5.49 Million
2004 9.79% 25.40% 0.30x 1.27x CN¥-1.80 Million
2005 -2.86% -5.12% 0.43x 1.31x CN¥-99.24 Million
2006 11.55% 20.11% 0.46x 1.25x CN¥13.29 Million
2007 11.90% 19.27% 0.46x 1.36x CN¥17.07 Million
2008 12.90% 16.78% 0.54x 1.43x CN¥27.58 Million
2009 11.14% 14.52% 0.48x 1.60x CN¥11.15 Million
2010 12.99% 12.36% 0.60x 1.76x CN¥30.85 Million
2011 17.94% 16.72% 0.54x 1.97x CN¥91.37 Million
2012 18.25% 13.39% 0.64x 2.13x CN¥107.24 Million
2013 18.49% 15.56% 0.76x 1.56x CN¥125.26 Million
2014 16.33% 16.46% 0.71x 1.41x CN¥103.94 Million
2015 15.47% 17.22% 0.67x 1.34x CN¥99.74 Million
2016 14.40% 16.35% 0.62x 1.41x CN¥84.56 Million
2017 16.30% 18.41% 0.63x 1.42x CN¥136.53 Million
2018 17.21% 20.14% 0.64x 1.34x CN¥179.30 Million
2019 15.71% 19.41% 0.52x 1.55x CN¥162.32 Million
2020 9.80% 18.97% 0.40x 1.29x CN¥-6.84 Million
2021 8.48% 16.14% 0.39x 1.34x CN¥-56.07 Million
2022 4.51% 10.19% 0.35x 1.28x CN¥-201.37 Million
2023 8.90% 15.23% 0.45x 1.29x CN¥-42.09 Million
2024 7.38% 12.97% 0.44x 1.30x CN¥-101.60 Million

Industry Comparison

This section compares Xinjiang Yilite Industry 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: $5,026,533,179
  • Average return on equity (ROE) among peers: 20.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinjiang Yilite Industry Co Ltd (600197) CN¥3.87 Billion 24.71% 0.50x $472.35 Million
Luzhou Lao Jiao Co Ltd (000568) $818.25 Million 38.95% 0.65x $10.68 Billion
Anhui Gujing Distillery Co Ltd (000596) $1.05 Billion 14.21% 0.47x $4.00 Billion
Jiugui Liquor Co Ltd (000799) $1.68 Billion -5.79% 0.25x $1.48 Billion
Wuliangye Yibin Co Ltd (000858) $37.02 Billion 21.54% 0.19x $24.84 Billion
Beijing Shunxin Agriculture Co Ltd (000860) $856.51 Million 5.98% 0.19x $880.58 Million
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) $720.80 Million 51.99% 1.04x $3.61 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568) $649.02 Million 44.20% 0.03x $1.25 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646) $2.74 Billion 2.77% 0.17x $326.70 Million
Yantai Changyu Pioneer Wine (200869) $1.25 Billion 10.18% 0.29x $318.55 Million
Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) $3.48 Billion 19.41% 0.96x $223.23 Million