Anhui Golden Seed Winery Co Ltd (600199) - Net Assets
Based on the latest financial reports, Anhui Golden Seed Winery Co Ltd (600199) has net assets worth CN¥2.08 Billion CNY (≈ $304.21 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¥3.19 Billion ≈ $466.26 Million USD) and total liabilities (CN¥1.11 Billion ≈ $162.05 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 600199 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Anhui Golden Seed Winery Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Anhui Golden Seed Winery Co Ltd (600199) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.19 Billion ≈ $319.77 Million |
-13.67% |
| 2023-12-31 | CN¥2.53 Billion ≈ $370.40 Million |
-0.92% |
| 2022-12-31 | CN¥2.55 Billion ≈ $373.84 Million |
-6.89% |
| 2021-12-31 | CN¥2.74 Billion ≈ $401.52 Million |
-5.45% |
| 2020-12-31 | CN¥2.90 Billion ≈ $424.64 Million |
+2.44% |
| 2019-12-31 | CN¥2.83 Billion ≈ $414.53 Million |
+20.67% |
| 2018-12-31 | CN¥2.35 Billion ≈ $343.51 Million |
+4.22% |
| 2017-12-31 | CN¥2.25 Billion ≈ $329.60 Million |
+0.33% |
| 2016-12-31 | CN¥2.25 Billion ≈ $328.52 Million |
+0.02% |
| 2015-12-31 | CN¥2.24 Billion ≈ $328.45 Million |
+1.14% |
| 2014-12-31 | CN¥2.22 Billion ≈ $324.76 Million |
+2.05% |
| 2013-12-31 | CN¥2.17 Billion ≈ $318.24 Million |
-1.53% |
| 2012-12-31 | CN¥2.21 Billion ≈ $323.18 Million |
+26.92% |
| 2011-12-31 | CN¥1.74 Billion ≈ $254.64 Million |
+27.15% |
| 2010-12-31 | CN¥1.37 Billion ≈ $200.27 Million |
+108.58% |
| 2009-12-31 | CN¥656.14 Million ≈ $96.01 Million |
+12.93% |
| 2008-12-31 | CN¥581.02 Million ≈ $85.02 Million |
+4.72% |
| 2007-12-31 | CN¥554.80 Million ≈ $81.19 Million |
+5.09% |
| 2006-12-31 | CN¥527.92 Million ≈ $77.25 Million |
-19.79% |
| 2005-12-31 | CN¥658.14 Million ≈ $96.31 Million |
+2.17% |
| 2004-12-31 | CN¥644.14 Million ≈ $94.26 Million |
-22.56% |
| 2003-12-31 | CN¥831.75 Million ≈ $121.71 Million |
-15.66% |
| 2002-12-31 | CN¥986.24 Million ≈ $144.32 Million |
+2.09% |
| 2001-12-31 | CN¥966.08 Million ≈ $141.37 Million |
+32.10% |
| 2000-12-31 | CN¥731.33 Million ≈ $107.02 Million |
+8.15% |
| 1999-12-31 | CN¥676.23 Million ≈ $98.95 Million |
+11.00% |
| 1998-12-31 | CN¥609.21 Million ≈ $89.15 Million |
+254.76% |
| 1997-12-31 | CN¥171.72 Million ≈ $25.13 Million |
+35.46% |
| 1996-12-31 | CN¥126.77 Million ≈ $18.55 Million |
+98.81% |
| 1995-12-31 | CN¥63.77 Million ≈ $9.33 Million |
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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.
| Company | Market Cap |
|---|---|
|
Anhui Coreach Technology Co Ltd
SHE:002983
|
$769.14 Million |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749
|
$769.18 Million |
|
Eastman Kodak Co
NYSE:KODK
|
$769.27 Million |
|
Southern Cross Electrical Engineering Ltd
AU:SXE
|
$769.71 Million |
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
$769.00 Million |
|
Thinking Electronic Industrial Co Ltd
TW:2428
|
$768.91 Million |
|
Trilogy Metals Inc
TO:TMQ
|
$768.87 Million |
|
Wolong Real Estate Group Co Ltd
SHG:600173
|
$768.80 Million |
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: 2.43x
- 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 76.88x to 2.43x 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¥7.99 | x |
| 1996-12-31 | CN¥0.20 | CN¥7.99 | x |
| 1997-12-31 | CN¥0.28 | CN¥7.99 | x |
| 1998-12-31 | CN¥0.99 | CN¥7.99 | x |
| 1999-12-31 | CN¥1.10 | CN¥7.99 | x |
| 2000-12-31 | CN¥1.18 | CN¥7.99 | x |
| 2001-12-31 | CN¥1.57 | CN¥7.99 | x |
| 2002-12-31 | CN¥1.60 | CN¥7.99 | x |
| 2003-12-31 | CN¥1.35 | CN¥7.99 | x |
| 2004-12-31 | CN¥1.05 | CN¥7.99 | x |
| 2005-12-31 | CN¥1.07 | CN¥7.99 | x |
| 2006-12-31 | CN¥0.86 | CN¥7.99 | x |
| 2007-12-31 | CN¥1.02 | CN¥7.99 | x |
| 2008-12-31 | CN¥1.06 | CN¥7.99 | x |
| 2009-12-31 | CN¥1.29 | CN¥7.99 | x |
| 2010-12-31 | CN¥2.59 | CN¥7.99 | x |
| 2011-12-31 | CN¥3.13 | CN¥7.99 | x |
| 2012-12-31 | CN¥3.97 | CN¥7.99 | x |
| 2013-12-31 | CN¥3.91 | CN¥7.99 | x |
| 2014-12-31 | CN¥4.00 | CN¥7.99 | x |
| 2015-12-31 | CN¥3.87 | CN¥7.99 | x |
| 2016-12-31 | CN¥3.95 | CN¥7.99 | x |
| 2017-12-31 | CN¥2.74 | CN¥7.99 | x |
| 2018-12-31 | CN¥4.14 | CN¥7.99 | x |
| 2019-12-31 | CN¥4.56 | CN¥7.99 | x |
| 2020-12-31 | CN¥4.40 | CN¥7.99 | x |
| 2021-12-31 | CN¥4.16 | CN¥7.99 | x |
| 2022-12-31 | CN¥3.87 | CN¥7.99 | x |
| 2023-12-31 | CN¥3.42 | CN¥7.99 | x |
| 2024-12-31 | CN¥3.29 | CN¥7.99 | 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: $6,005,210,545
- Average return on equity (ROE) among peers: 14.12%
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 | $769.09 Million |
| Luzhou Lao Jiao Co Ltd (000568) | $1.51 Billion | 2.76% | 0.75x | $21.01 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $9.43 Billion | 22.24% | 0.47x | $6.36 Billion |
| Jiugui Liquor Co Ltd (000799) | $4.28 Billion | 12.80% | 0.32x | $2.07 Billion |
| Wuliangye Yibin Co Ltd (000858) | $6.03 Billion | 11.67% | 0.37x | $52.33 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $7.05 Billion | 3.28% | 1.13x | $1.35 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $3.17 Billion | 35.51% | 0.69x | $1.29 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $22.94 Billion | 23.39% | 0.48x | $10.65 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $2.00 Billion | 14.99% | 0.28x | $2.83 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $2.46 Billion | 8.77% | 0.28x | $569.28 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $1.16 Billion | 5.76% | 0.31x | $988.19 Million |
About Anhui Golden Seed Winery Co Ltd
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.