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¥3.37 Billion CNY (≈ $492.85 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¥4.13 Billion ≈ $604.65 Million USD) and total liabilities (CN¥764.01 Million ≈ $111.80 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 how resilient are Jiangsu Hengshun Vinegar-Industry Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.37 Billion |
| % of Total Assets | 81.51% |
| Annual Growth Rate | 15.31% |
| 5-Year Change | 33.74% |
| 10-Year Change | 113.85% |
| Growth Volatility | 58.41 |
Jiangsu Hengshun Vinegar-Industry Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Jiangsu Hengshun Vinegar-Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Hengshun Vinegar-Industry Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Hengshun Vinegar-Industry Co Ltd (1997–2024)
The table below shows the annual net assets of Jiangsu Hengshun Vinegar-Industry Co Ltd from 1997 to 2024. For live valuation and market cap data, see Jiangsu Hengshun Vinegar-Industry Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 112331400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.12 Billion | 33.80% |
| Common Stock | CN¥1.11 Billion | 33.42% |
| Other Components | CN¥1.09 Billion | 32.78% |
| Total Equity | CN¥3.32 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 |
|---|---|
|
Delta Galil Industries Ltd
TA:DELT
|
$1.22 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
$1.22 Billion |
|
Shinva Medical Instrument Co Ltd
SHG:600587
|
$1.22 Billion |
|
Loma Negra Compañía Industrial Argentina Sociedad Anónima
F:8LN
|
$1.22 Billion |
|
IDT Corporation
NYSE:IDT
|
$1.22 Billion |
|
Wonders Information
SHE:300168
|
$1.22 Billion |
|
Precision Drilling Corporation
TO:PD
|
$1.22 Billion |
|
Gemadept Corp
VN:GMD
|
$1.22 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 2023 to 2024, total equity changed from 3,301,735,000 to 3,318,006,000, a change of 16,271,000 (0.5%).
- Net income of 127,342,064 contributed positively to equity growth.
- Dividend payments of 77,205,000 reduced retained earnings.
- Other comprehensive income decreased equity by 266,013,000.
- Other factors increased equity by 232,146,936.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥127.34 Million | +3.84% |
| Dividends Paid | CN¥77.20 Million | -2.33% |
| Other Comprehensive Income | CN¥-266.01 Million | -8.02% |
| Other Changes | CN¥232.15 Million | +7.0% |
| Total Change | CN¥- | 0.49% |
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: 2.41x
- 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 70.12x to 2.41x 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¥7.53 | x |
| 1998-12-31 | CN¥0.13 | CN¥7.53 | x |
| 1999-12-31 | CN¥0.14 | CN¥7.53 | x |
| 2000-12-31 | CN¥0.15 | CN¥7.53 | x |
| 2001-12-31 | CN¥0.57 | CN¥7.53 | x |
| 2002-12-31 | CN¥0.60 | CN¥7.53 | x |
| 2003-12-31 | CN¥0.58 | CN¥7.53 | x |
| 2004-12-31 | CN¥0.60 | CN¥7.53 | x |
| 2005-12-31 | CN¥0.65 | CN¥7.53 | x |
| 2006-12-31 | CN¥0.54 | CN¥7.53 | x |
| 2007-12-31 | CN¥0.56 | CN¥7.53 | x |
| 2008-12-31 | CN¥0.49 | CN¥7.53 | x |
| 2009-12-31 | CN¥0.52 | CN¥7.53 | x |
| 2010-12-31 | CN¥0.50 | CN¥7.53 | x |
| 2011-12-31 | CN¥0.53 | CN¥7.53 | x |
| 2012-12-31 | CN¥0.60 | CN¥7.53 | x |
| 2013-12-31 | CN¥0.65 | CN¥7.53 | x |
| 2014-12-31 | CN¥1.33 | CN¥7.53 | x |
| 2015-12-31 | CN¥1.47 | CN¥7.53 | x |
| 2016-12-31 | CN¥1.57 | CN¥7.53 | x |
| 2017-12-31 | CN¥1.80 | CN¥7.53 | x |
| 2018-12-31 | CN¥2.03 | CN¥7.53 | x |
| 2019-12-31 | CN¥2.25 | CN¥7.53 | x |
| 2020-12-31 | CN¥2.39 | CN¥7.53 | x |
| 2021-12-31 | CN¥2.17 | CN¥7.53 | x |
| 2022-12-31 | CN¥2.21 | CN¥7.53 | x |
| 2023-12-31 | CN¥3.10 | CN¥7.53 | x |
| 2024-12-31 | CN¥3.13 | CN¥7.53 | 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): 3.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.80%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.32x
- Recent ROE (3.84%) is below the historical average (8.80%), 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 |
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: $1,539,336,800
- Average return on equity (ROE) among peers: 7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Hengshun Vinegar-Industry Co Ltd (600305) | CN¥3.37 Billion | 27.65% | 0.23x | $1.22 Billion |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $372.94 Million | 1.53% | 0.77x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $3.58 Billion | 2.86% | 0.82x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $3.35 Billion | -13.25% | 0.84x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $369.39 Million | 4.26% | 1.10x | $566.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $727.64 Million | 8.49% | 0.27x | $498.43 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $3.72 Billion | 24.50% | 0.55x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $1.33 Billion | 4.22% | 2.64x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $332.95 Million | 17.62% | 0.88x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $337.03 Million | 14.16% | 0.18x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.28 Billion | 7.44% | 0.66x | $587.64 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