Anhui Golden Seed Winery Co Ltd

SHG:600199 China Beverages - Wineries & Distilleries
Market Cap
$802.38 Million
CN¥5.89 Billion CNY
Market Cap Rank
#9536 Global
#1975 in China
Share Price
CN¥8.95
Change (1 day)
-0.89%
52-Week Range
CN¥8.66 - CN¥11.71
All Time High
CN¥32.27
About

Anhui Golden Seed Winery Co., Ltd. produces and sells liquors and wines under the Jinzhongzi, Zhongzi, Zui Sanqiu, Hetai, and Yingzhou brands in China. It engages in the production and sale of Western and traditional Chinese medicines. The company was founded in 1949 and is headquartered in Fuyang, China.

Anhui Golden Seed Winery Co Ltd (600199) - Net Assets

Latest net assets as of September 2025: CN¥2.08 Billion CNY

Based on the latest financial reports, Anhui Golden Seed Winery Co Ltd (600199) has net assets worth CN¥2.08 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¥3.19 Billion) and total liabilities (CN¥1.11 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¥2.08 Billion
% of Total Assets 65.24%
Annual Growth Rate 12.96%
5-Year Change -24.7%
10-Year Change -2.64%
Growth Volatility 52.89

Anhui Golden Seed Winery Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Anhui Golden Seed Winery 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 Anhui Golden Seed Winery Co Ltd (1995–2024)

The table below shows the annual net assets of Anhui Golden Seed Winery Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.19 Billion -13.67%
2023-12-31 CN¥2.53 Billion -0.92%
2022-12-31 CN¥2.55 Billion -6.89%
2021-12-31 CN¥2.74 Billion -5.45%
2020-12-31 CN¥2.90 Billion +2.44%
2019-12-31 CN¥2.83 Billion +20.67%
2018-12-31 CN¥2.35 Billion +4.22%
2017-12-31 CN¥2.25 Billion +0.33%
2016-12-31 CN¥2.25 Billion +0.02%
2015-12-31 CN¥2.24 Billion +1.14%
2014-12-31 CN¥2.22 Billion +2.05%
2013-12-31 CN¥2.17 Billion -1.53%
2012-12-31 CN¥2.21 Billion +26.92%
2011-12-31 CN¥1.74 Billion +27.15%
2010-12-31 CN¥1.37 Billion +108.58%
2009-12-31 CN¥656.14 Million +12.93%
2008-12-31 CN¥581.02 Million +4.72%
2007-12-31 CN¥554.80 Million +5.09%
2006-12-31 CN¥527.92 Million -19.79%
2005-12-31 CN¥658.14 Million +2.17%
2004-12-31 CN¥644.14 Million -22.56%
2003-12-31 CN¥831.75 Million -15.66%
2002-12-31 CN¥986.24 Million +2.09%
2001-12-31 CN¥966.08 Million +32.10%
2000-12-31 CN¥731.33 Million +8.15%
1999-12-31 CN¥676.23 Million +11.00%
1998-12-31 CN¥609.21 Million +254.76%
1997-12-31 CN¥171.72 Million +35.46%
1996-12-31 CN¥126.77 Million +98.81%
1995-12-31 CN¥63.77 Million --

Equity Component Analysis

This analysis shows how different components contribute to Anhui Golden Seed Winery 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 20268382300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥202.68 Million 9.33%
Common Stock CN¥657.80 Million 30.29%
Other Comprehensive Income CN¥166.96 Million 7.69%
Other Components CN¥1.14 Billion 52.70%
Total Equity CN¥2.17 Billion 100.00%

Anhui Golden Seed Winery Co Ltd Competitors by Market Cap

The table below lists competitors of Anhui Golden Seed Winery Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Anhui Golden Seed Winery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,519,131,868 to 2,172,013,851, a change of -347,118,017 (-13.8%).
  • Net loss of 257,589,623 reduced equity.
  • Other comprehensive income decreased equity by 89,528,393.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-257.59 Million -11.86%
Other Comprehensive Income CN¥-89.53 Million -4.12%
Other Changes CN¥-1.10 -0.0%
Total Change CN¥- -13.78%

Book Value vs Market Value Analysis

This analysis compares Anhui Golden Seed Winery 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: 2.72x
  • 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 86.12x to 2.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.10 CN¥8.95 x
1996-12-31 CN¥0.20 CN¥8.95 x
1997-12-31 CN¥0.28 CN¥8.95 x
1998-12-31 CN¥0.99 CN¥8.95 x
1999-12-31 CN¥1.10 CN¥8.95 x
2000-12-31 CN¥1.18 CN¥8.95 x
2001-12-31 CN¥1.57 CN¥8.95 x
2002-12-31 CN¥1.60 CN¥8.95 x
2003-12-31 CN¥1.35 CN¥8.95 x
2004-12-31 CN¥1.05 CN¥8.95 x
2005-12-31 CN¥1.07 CN¥8.95 x
2006-12-31 CN¥0.86 CN¥8.95 x
2007-12-31 CN¥1.02 CN¥8.95 x
2008-12-31 CN¥1.06 CN¥8.95 x
2009-12-31 CN¥1.29 CN¥8.95 x
2010-12-31 CN¥2.59 CN¥8.95 x
2011-12-31 CN¥3.13 CN¥8.95 x
2012-12-31 CN¥3.97 CN¥8.95 x
2013-12-31 CN¥3.91 CN¥8.95 x
2014-12-31 CN¥4.00 CN¥8.95 x
2015-12-31 CN¥3.87 CN¥8.95 x
2016-12-31 CN¥3.95 CN¥8.95 x
2017-12-31 CN¥2.74 CN¥8.95 x
2018-12-31 CN¥4.14 CN¥8.95 x
2019-12-31 CN¥4.56 CN¥8.95 x
2020-12-31 CN¥4.40 CN¥8.95 x
2021-12-31 CN¥4.16 CN¥8.95 x
2022-12-31 CN¥3.87 CN¥8.95 x
2023-12-31 CN¥3.42 CN¥8.95 x
2024-12-31 CN¥3.29 CN¥8.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Anhui Golden Seed Winery 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): -11.86%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -27.84%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 1.47x
  • Recent ROE (-11.86%) is below the historical average (6.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 49.75% 9.14% 1.64x 3.33x CN¥25.35 Million
1996 38.50% 8.79% 1.38x 3.19x CN¥35.74 Million
1997 31.45% 8.66% 1.15x 3.16x CN¥36.52 Million
1998 10.36% 11.48% 0.54x 1.66x CN¥2.16 Million
1999 14.09% 13.75% 0.56x 1.83x CN¥27.62 Million
2000 11.24% 12.77% 0.45x 1.95x CN¥8.97 Million
2001 3.65% 6.90% 0.34x 1.55x CN¥-61.16 Million
2002 1.84% 4.40% 0.26x 1.64x CN¥-80.23 Million
2003 -18.35% -40.72% 0.26x 1.76x CN¥-235.24 Million
2004 -29.04% -44.44% 0.32x 2.07x CN¥-250.75 Million
2005 0.90% 0.78% 0.73x 1.59x CN¥-59.65 Million
2006 3.76% 2.59% 0.94x 1.54x CN¥-32.73 Million
2007 4.76% 3.33% 1.03x 1.39x CN¥-28.89 Million
2008 4.20% 3.67% 0.83x 1.37x CN¥-33.49 Million
2009 10.94% 6.83% 0.92x 1.75x CN¥6.11 Million
2010 12.37% 12.24% 0.72x 1.41x CN¥32.37 Million
2011 21.06% 20.73% 0.75x 1.35x CN¥192.08 Million
2012 25.45% 24.46% 0.77x 1.35x CN¥340.74 Million
2013 6.15% 6.41% 0.65x 1.46x CN¥-83.71 Million
2014 4.00% 4.27% 0.64x 1.45x CN¥-133.05 Million
2015 2.32% 3.01% 0.52x 1.48x CN¥-172.03 Million
2016 0.76% 1.19% 0.44x 1.46x CN¥-207.08 Million
2017 0.36% 0.63% 0.41x 1.39x CN¥-216.55 Million
2018 4.35% 7.75% 0.41x 1.36x CN¥-132.28 Million
2019 -7.21% -22.29% 0.25x 1.29x CN¥-486.38 Million
2020 2.40% 6.69% 0.27x 1.33x CN¥-220.01 Million
2021 -6.05% -13.66% 0.31x 1.41x CN¥-438.99 Million
2022 -7.31% -15.69% 0.35x 1.33x CN¥-440.59 Million
2023 -0.88% -1.50% 0.42x 1.38x CN¥-273.98 Million
2024 -11.86% -27.84% 0.29x 1.47x CN¥-474.79 Million

Industry Comparison

This section compares Anhui Golden Seed Winery 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
Anhui Golden Seed Winery Co Ltd (600199) CN¥2.08 Billion 49.75% 0.53x $582.57 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