Jiangsu Hengshun Vinegar-Industry Co Ltd (600305) - Net Assets
Based on the latest financial reports, Jiangsu Hengshun Vinegar-Industry Co Ltd (600305) has net assets worth CN¥3.45 Billion CNY (≈ $504.15 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.24 Billion ≈ $619.91 Million USD) and total liabilities (CN¥791.06 Million ≈ $115.76 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 Jiangsu Hengshun Vinegar-Industry Co Ltd (600305) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.45 Billion |
| % of Total Assets | 81.33% |
| Annual Growth Rate | 14.78% |
| 5-Year Change | 50.04% |
| 10-Year Change | 103.69% |
| Growth Volatility | 57.5 |
Jiangsu Hengshun Vinegar-Industry Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Jiangsu Hengshun Vinegar-Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Jiangsu Hengshun Vinegar-Industry Co Ltd stock valuation.
Annual Net Assets for Jiangsu Hengshun Vinegar-Industry Co Ltd (1997–2025)
The table below shows the annual net assets of Jiangsu Hengshun Vinegar-Industry Co Ltd from 1997 to 2025. Also explore 600305 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.37 Billion ≈ $493.75 Million |
+1.36% |
| 2024-12-31 | CN¥3.33 Billion ≈ $487.13 Million |
-0.25% |
| 2023-12-31 | CN¥3.34 Billion ≈ $488.35 Million |
+49.93% |
| 2022-12-31 | CN¥2.23 Billion ≈ $325.73 Million |
-1.02% |
| 2021-12-31 | CN¥2.25 Billion ≈ $329.08 Million |
-9.65% |
| 2020-12-31 | CN¥2.49 Billion ≈ $364.24 Million |
+6.00% |
| 2019-12-31 | CN¥2.35 Billion ≈ $343.62 Million |
+10.51% |
| 2018-12-31 | CN¥2.13 Billion ≈ $310.96 Million |
+13.17% |
| 2017-12-31 | CN¥1.88 Billion ≈ $274.77 Million |
+13.35% |
| 2016-12-31 | CN¥1.66 Billion ≈ $242.40 Million |
+6.41% |
| 2015-12-31 | CN¥1.56 Billion ≈ $227.79 Million |
+18.31% |
| 2014-12-31 | CN¥1.32 Billion ≈ $192.54 Million |
+121.52% |
| 2013-12-31 | CN¥593.99 Million ≈ $86.92 Million |
+8.29% |
| 2012-12-31 | CN¥548.52 Million ≈ $80.27 Million |
+19.93% |
| 2011-12-31 | CN¥457.38 Million ≈ $66.93 Million |
-0.50% |
| 2010-12-31 | CN¥459.66 Million ≈ $67.26 Million |
-26.27% |
| 2009-12-31 | CN¥623.41 Million ≈ $91.22 Million |
-3.55% |
| 2008-12-31 | CN¥646.38 Million ≈ $94.59 Million |
-6.17% |
| 2007-12-31 | CN¥688.90 Million ≈ $100.81 Million |
+1.50% |
| 2006-12-31 | CN¥678.73 Million ≈ $99.32 Million |
+30.23% |
| 2005-12-31 | CN¥521.19 Million ≈ $76.27 Million |
+15.67% |
| 2004-12-31 | CN¥450.58 Million ≈ $65.93 Million |
+2.26% |
| 2003-12-31 | CN¥440.61 Million ≈ $64.48 Million |
+8.05% |
| 2002-12-31 | CN¥407.77 Million ≈ $59.67 Million |
+4.71% |
| 2001-12-31 | CN¥389.43 Million ≈ $56.99 Million |
+291.06% |
| 2000-12-31 | CN¥99.58 Million ≈ $14.57 Million |
+11.40% |
| 1999-12-31 | CN¥89.39 Million ≈ $13.08 Million |
+7.67% |
| 1998-12-31 | CN¥83.02 Million ≈ $12.15 Million |
+16.77% |
| 1997-12-31 | CN¥71.10 Million ≈ $10.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Hengshun Vinegar-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 114426656257.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.14 Billion | 33.99% |
| Other Components | CN¥2.22 Billion | 66.01% |
| Total Equity | CN¥3.36 Billion | 100.00% |
Jiangsu Hengshun Vinegar-Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Hengshun Vinegar-Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA EAST ED HLDGS LTD
F:ZX3
|
$1.08 Billion |
|
Auto Partner SA
WAR:APR
|
$1.08 Billion |
|
RITES Limited
NSE:RITES
|
$1.08 Billion |
|
Maoye Commercial Co Ltd
SHG:600828
|
$1.08 Billion |
|
Sudarshan Chemical Industries Limited
NSE:SUDARSCHEM
|
$1.07 Billion |
|
Jiangxi Black Cat Carbon Black
SHE:002068
|
$1.07 Billion |
|
Guardian Capital Group Ltd. Cl.A Nv (GCG-A.TO
TO:GCG-A
|
$1.07 Billion |
|
Zensar Technologies Limited
NSE:ZENSARTECH
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Hengshun Vinegar-Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,318,006,000 to 3,361,454,447, a change of 43,448,447 (1.3%).
- Net income of 143,638,287 contributed positively to equity growth.
- Dividend payments of 110,647,153 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥143.64 Million | +4.27% |
| Dividends Paid | CN¥110.65 Million | -3.29% |
| Other Changes | CN¥10.46 Million | +0.31% |
| Total Change | CN¥- | 1.31% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Hengshun Vinegar-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: 2.19x
- 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 61.83x to 2.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.11 | CN¥6.64 | x |
| 1998-12-31 | CN¥0.13 | CN¥6.64 | x |
| 1999-12-31 | CN¥0.14 | CN¥6.64 | x |
| 2000-12-31 | CN¥0.15 | CN¥6.64 | x |
| 2001-12-31 | CN¥0.57 | CN¥6.64 | x |
| 2002-12-31 | CN¥0.60 | CN¥6.64 | x |
| 2003-12-31 | CN¥0.58 | CN¥6.64 | x |
| 2004-12-31 | CN¥0.60 | CN¥6.64 | x |
| 2005-12-31 | CN¥0.65 | CN¥6.64 | x |
| 2006-12-31 | CN¥0.54 | CN¥6.64 | x |
| 2007-12-31 | CN¥0.56 | CN¥6.64 | x |
| 2008-12-31 | CN¥0.49 | CN¥6.64 | x |
| 2009-12-31 | CN¥0.52 | CN¥6.64 | x |
| 2010-12-31 | CN¥0.50 | CN¥6.64 | x |
| 2011-12-31 | CN¥0.53 | CN¥6.64 | x |
| 2012-12-31 | CN¥0.60 | CN¥6.64 | x |
| 2013-12-31 | CN¥0.65 | CN¥6.64 | x |
| 2014-12-31 | CN¥1.33 | CN¥6.64 | x |
| 2015-12-31 | CN¥1.47 | CN¥6.64 | x |
| 2016-12-31 | CN¥1.57 | CN¥6.64 | x |
| 2017-12-31 | CN¥1.80 | CN¥6.64 | x |
| 2018-12-31 | CN¥2.03 | CN¥6.64 | x |
| 2019-12-31 | CN¥2.25 | CN¥6.64 | x |
| 2020-12-31 | CN¥2.39 | CN¥6.64 | x |
| 2021-12-31 | CN¥2.17 | CN¥6.64 | x |
| 2022-12-31 | CN¥2.21 | CN¥6.64 | x |
| 2023-12-31 | CN¥3.10 | CN¥6.64 | x |
| 2024-12-31 | CN¥3.13 | CN¥6.64 | x |
| 2025-12-31 | CN¥3.04 | CN¥6.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Hengshun Vinegar-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): 4.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.28%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.29x
- Recent ROE (4.27%) is below the historical average (8.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 27.65% | 20.10% | 0.61x | 2.26x | CN¥12.55 Million |
| 1998 | 22.87% | 17.57% | 0.56x | 2.32x | CN¥10.69 Million |
| 1999 | 23.64% | 16.75% | 0.66x | 2.14x | CN¥12.20 Million |
| 2000 | 17.68% | 12.30% | 0.74x | 1.94x | CN¥7.64 Million |
| 2001 | 5.94% | 12.81% | 0.37x | 1.26x | CN¥-15.21 Million |
| 2002 | 6.40% | 9.52% | 0.44x | 1.54x | CN¥-14.27 Million |
| 2003 | 1.28% | 1.45% | 0.19x | 4.63x | CN¥-33.56 Million |
| 2004 | 2.37% | 1.73% | 0.25x | 5.58x | CN¥-30.47 Million |
| 2005 | 7.51% | 4.88% | 0.34x | 4.54x | CN¥-10.75 Million |
| 2006 | 10.18% | 6.64% | 0.32x | 4.79x | CN¥836.90K |
| 2007 | 6.52% | 3.72% | 0.39x | 4.51x | CN¥-16.47 Million |
| 2008 | -11.88% | -7.05% | 0.28x | 5.93x | CN¥-90.68 Million |
| 2009 | 7.01% | 2.64% | 0.39x | 6.77x | CN¥-13.24 Million |
| 2010 | 7.51% | 2.77% | 0.38x | 7.11x | CN¥-10.58 Million |
| 2011 | 2.26% | 1.02% | 0.30x | 7.38x | CN¥-34.44 Million |
| 2012 | -7.31% | -3.23% | 0.42x | 5.39x | CN¥-87.74 Million |
| 2013 | 7.14% | 3.52% | 0.45x | 4.49x | CN¥-15.66 Million |
| 2014 | 5.92% | 6.18% | 0.54x | 1.77x | CN¥-51.54 Million |
| 2015 | 16.26% | 18.36% | 0.58x | 1.54x | CN¥92.31 Million |
| 2016 | 10.84% | 11.77% | 0.64x | 1.44x | CN¥13.26 Million |
| 2017 | 15.60% | 18.22% | 0.60x | 1.43x | CN¥100.88 Million |
| 2018 | 15.09% | 18.02% | 0.60x | 1.40x | CN¥103.62 Million |
| 2019 | 14.41% | 17.71% | 0.61x | 1.32x | CN¥99.37 Million |
| 2020 | 13.16% | 15.58% | 0.63x | 1.35x | CN¥75.72 Million |
| 2021 | 5.48% | 6.28% | 0.59x | 1.48x | CN¥-98.14 Million |
| 2022 | 6.29% | 6.45% | 0.72x | 1.35x | CN¥-81.51 Million |
| 2023 | 2.63% | 4.13% | 0.52x | 1.23x | CN¥-243.27 Million |
| 2024 | 3.84% | 5.80% | 0.50x | 1.32x | CN¥-204.46 Million |
| 2025 | 4.27% | 6.28% | 0.53x | 1.29x | CN¥-192.51 Million |
Industry Comparison
This section compares Jiangsu Hengshun Vinegar-Industry Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,489,328,454
- Average return on equity (ROE) among peers: 14.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Hengshun Vinegar-Industry Co Ltd (600305) | CN¥3.45 Billion | 27.65% | 0.23x | $1.08 Billion |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $1.05 Billion | 9.20% | 0.12x | $1.15 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $2.84 Billion | 5.92% | 0.73x | $649.98 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $99.21 Million | 12.46% | 0.45x | $255.89 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $277.26 Million | 58.42% | 2.01x | $558.56 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $1.64 Billion | -7.20% | 2.63x | $543.40 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $3.03 Billion | 23.09% | 0.47x | $11.81 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $217.63 Million | 29.42% | 16.12x | $440.17 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.82 Billion | 4.59% | 0.27x | $432.93 Million |
| Qingdao Foods Co Ltd (001219) | $923.11 Million | 9.90% | 0.10x | $355.80 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $3.00 Billion | 4.14% | 0.35x | $576.18 Million |
About Jiangsu Hengshun Vinegar-Industry Co Ltd
Jiangsu Hengshun Vinegar-Industry Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of condiments in China. The company offers vinegar, soy sauce, pickles, compound seasonings, and other seasoning products. It is also involved in the wholesale and retail trade; leasing and business activities; and software and information technology services. The … Read more