Xinjiang Yilite Industry Co Ltd (600197) - Net Assets
Based on the latest financial reports, Xinjiang Yilite Industry Co Ltd (600197) has net assets worth CN¥3.87 Billion CNY (≈ $566.32 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¥5.81 Billion ≈ $850.89 Million USD) and total liabilities (CN¥1.94 Billion ≈ $284.58 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. Check Xinjiang Yilite Industry Co Ltd (600197) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Xinjiang Yilite Industry Co Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 600197 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.93 Billion ≈ $574.78 Million |
+0.62% |
| 2023-12-31 | CN¥3.90 Billion ≈ $571.26 Million |
+4.03% |
| 2022-12-31 | CN¥3.75 Billion ≈ $549.11 Million |
-1.42% |
| 2021-12-31 | CN¥3.81 Billion ≈ $557.04 Million |
+5.72% |
| 2020-12-31 | CN¥3.60 Billion ≈ $526.89 Million |
+21.98% |
| 2019-12-31 | CN¥2.95 Billion ≈ $431.94 Million |
+15.79% |
| 2018-12-31 | CN¥2.55 Billion ≈ $373.02 Million |
+13.98% |
| 2017-12-31 | CN¥2.24 Billion ≈ $327.25 Million |
+15.61% |
| 2016-12-31 | CN¥1.93 Billion ≈ $283.06 Million |
+5.48% |
| 2015-12-31 | CN¥1.83 Billion ≈ $268.35 Million |
+10.91% |
| 2014-12-31 | CN¥1.65 Billion ≈ $241.96 Million |
+11.15% |
| 2013-12-31 | CN¥1.49 Billion ≈ $217.69 Million |
+11.07% |
| 2012-12-31 | CN¥1.34 Billion ≈ $195.99 Million |
+11.47% |
| 2011-12-31 | CN¥1.20 Billion ≈ $175.81 Million |
+10.73% |
| 2010-12-31 | CN¥1.09 Billion ≈ $158.77 Million |
+5.58% |
| 2009-12-31 | CN¥1.03 Billion ≈ $150.38 Million |
+2.56% |
| 2008-12-31 | CN¥1.00 Billion ≈ $146.63 Million |
+10.03% |
| 2007-12-31 | CN¥910.69 Million ≈ $133.26 Million |
+5.12% |
| 2006-12-31 | CN¥866.37 Million ≈ $126.78 Million |
+11.53% |
| 2005-12-31 | CN¥776.79 Million ≈ $113.67 Million |
-10.34% |
| 2004-12-31 | CN¥866.40 Million ≈ $126.78 Million |
+0.68% |
| 2003-12-31 | CN¥860.58 Million ≈ $125.93 Million |
+13.22% |
| 2002-12-31 | CN¥760.06 Million ≈ $111.22 Million |
+2.38% |
| 2001-12-31 | CN¥742.37 Million ≈ $108.63 Million |
+6.04% |
| 2000-12-31 | CN¥700.06 Million ≈ $102.44 Million |
+5.06% |
| 1999-12-31 | CN¥666.36 Million ≈ $97.51 Million |
+235.21% |
| 1998-12-31 | CN¥198.79 Million ≈ $29.09 Million |
+46.74% |
| 1997-12-31 | CN¥135.47 Million ≈ $19.82 Million |
+31.14% |
| 1996-12-31 | CN¥103.30 Million ≈ $15.12 Million |
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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.
| Company | Market Cap |
|---|---|
|
Bergman & Beving AB (publ)
ST:BERG-B
|
$847.70 Million |
|
Macmic Science & Technology Co Ltd
SHG:688711
|
$847.84 Million |
|
Ams AG
SW:AMS
|
$848.87 Million |
|
Guangdong Wencan Die Casting Co Ltd
SHG:603348
|
$849.03 Million |
|
JOST Werke AG
XETRA:JST
|
$847.36 Million |
|
Cheng Du Sheng Nuo Biotec Co. Ltd. A
SHG:688117
|
$847.06 Million |
|
Pason Systems Inc.
TO:PSI
|
$847.01 Million |
|
Grupo Posadas S.A.B. de C.V
MX:POSADASA
|
$846.73 Million |
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: 1.49x
- 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 53.32x to 1.49x 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¥12.24 | x |
| 1997-12-31 | CN¥0.30 | CN¥12.24 | x |
| 1998-12-31 | CN¥0.44 | CN¥12.24 | x |
| 1999-12-31 | CN¥1.48 | CN¥12.24 | x |
| 2000-12-31 | CN¥1.55 | CN¥12.24 | x |
| 2001-12-31 | CN¥1.64 | CN¥12.24 | x |
| 2002-12-31 | CN¥1.68 | CN¥12.24 | x |
| 2003-12-31 | CN¥1.86 | CN¥12.24 | x |
| 2004-12-31 | CN¥1.91 | CN¥12.24 | x |
| 2005-12-31 | CN¥1.72 | CN¥12.24 | x |
| 2006-12-31 | CN¥1.90 | CN¥12.24 | x |
| 2007-12-31 | CN¥2.04 | CN¥12.24 | x |
| 2008-12-31 | CN¥2.16 | CN¥12.24 | x |
| 2009-12-31 | CN¥2.22 | CN¥12.24 | x |
| 2010-12-31 | CN¥2.31 | CN¥12.24 | x |
| 2011-12-31 | CN¥2.62 | CN¥12.24 | x |
| 2012-12-31 | CN¥2.95 | CN¥12.24 | x |
| 2013-12-31 | CN¥3.34 | CN¥12.24 | x |
| 2014-12-31 | CN¥3.72 | CN¥12.24 | x |
| 2015-12-31 | CN¥4.13 | CN¥12.24 | x |
| 2016-12-31 | CN¥4.36 | CN¥12.24 | x |
| 2017-12-31 | CN¥4.92 | CN¥12.24 | x |
| 2018-12-31 | CN¥5.64 | CN¥12.24 | x |
| 2019-12-31 | CN¥6.28 | CN¥12.24 | x |
| 2020-12-31 | CN¥7.39 | CN¥12.24 | x |
| 2021-12-31 | CN¥7.79 | CN¥12.24 | x |
| 2022-12-31 | CN¥7.77 | CN¥12.24 | x |
| 2023-12-31 | CN¥8.06 | CN¥12.24 | x |
| 2024-12-31 | CN¥8.21 | CN¥12.24 | 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: $10,484,111,519
- Average return on equity (ROE) among peers: 22.42%
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 | $847.50 Million |
| Luzhou Lao Jiao Co Ltd (000568) | $17.12 Billion | 20.36% | 0.32x | $21.18 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $1.16 Billion | 5.76% | 0.31x | $6.34 Billion |
| Jiugui Liquor Co Ltd (000799) | $88.47 Million | 77.39% | 2.20x | $2.04 Billion |
| Wuliangye Yibin Co Ltd (000858) | $54.67 Billion | 17.69% | 0.30x | $52.40 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $5.50 Billion | 6.84% | 1.89x | $1.37 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $10.77 Billion | 2.83% | 0.16x | $1.29 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $1.38 Billion | 53.73% | 0.58x | $10.73 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $2.00 Billion | 14.99% | 0.28x | $2.86 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $2.70 Billion | 2.35% | 0.20x | $568.58 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $9.43 Billion | 22.24% | 0.47x | $991.41 Million |
About Xinjiang Yilite Industry Co Ltd
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