Jiangsu Hengshun Vinegar-Industry Co Ltd (600305) - Net Assets

Latest as of March 2026: CN¥3.45 Billion CNY ≈ $504.15 Million USD

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 600305 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

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. See 600305 days of operational coverage to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see Jiangsu Hengshun Vinegar-Industry Co Ltd market cap and net worth.

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	--

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
Elco Ltd TA:ELCO	$1.07 Billion
Shinva Medical Instrument Co Ltd SHG:600587	$1.07 Billion
Tompkins Financial Corporation NYSE MKT:TMP	$1.07 Billion
Huarui Electrical Appliance Co Ltd SHE:300626	$1.07 Billion
China Sports Industry Group Co Ltd SHG:600158	$1.07 Billion
Hubei Tech Semiconductors Co SHE:300046	$1.07 Billion
Cinda Real Estate Co Ltd SHG:600657	$1.07 Billion
Charoen Pokphand Enterprise Taiwan Co Ltd TW:1215	$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: 2.17x
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 61.46x to 2.17x 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¥6.60	x
1998-12-31	CN¥0.13	CN¥6.60	x
1999-12-31	CN¥0.14	CN¥6.60	x
2000-12-31	CN¥0.15	CN¥6.60	x
2001-12-31	CN¥0.57	CN¥6.60	x
2002-12-31	CN¥0.60	CN¥6.60	x
2003-12-31	CN¥0.58	CN¥6.60	x
2004-12-31	CN¥0.60	CN¥6.60	x
2005-12-31	CN¥0.65	CN¥6.60	x
2006-12-31	CN¥0.54	CN¥6.60	x
2007-12-31	CN¥0.56	CN¥6.60	x
2008-12-31	CN¥0.49	CN¥6.60	x
2009-12-31	CN¥0.52	CN¥6.60	x
2010-12-31	CN¥0.50	CN¥6.60	x
2011-12-31	CN¥0.53	CN¥6.60	x
2012-12-31	CN¥0.60	CN¥6.60	x
2013-12-31	CN¥0.65	CN¥6.60	x
2014-12-31	CN¥1.33	CN¥6.60	x
2015-12-31	CN¥1.47	CN¥6.60	x
2016-12-31	CN¥1.57	CN¥6.60	x
2017-12-31	CN¥1.80	CN¥6.60	x
2018-12-31	CN¥2.03	CN¥6.60	x
2019-12-31	CN¥2.25	CN¥6.60	x
2020-12-31	CN¥2.39	CN¥6.60	x
2021-12-31	CN¥2.17	CN¥6.60	x
2022-12-31	CN¥2.21	CN¥6.60	x
2023-12-31	CN¥3.10	CN¥6.60	x
2024-12-31	CN¥3.13	CN¥6.60	x
2025-12-31	CN¥3.04	CN¥6.60	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: $2,082,192,569
Average return on equity (ROE) among peers: 2.81%

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	$1.07 Billion
Shenzhen Shenbao Industrial Co Ltd (000019)	$372.94 Million	1.53%	0.77x	$992.25 Million
Hainan Pearl River Holdings Co Ltd (000505)	$399.64 Million	-9.56%	0.79x	$515.34 Million
Xiwang Foodstuffs Co Ltd (000639)	$135.06 Million	5.79%	0.97x	$206.92 Million
Nanfang Black Sesame Group Co Ltd (000716)	$199.49 Million	-32.62%	2.81x	$473.73 Million
CNFC Overseas Fishery Co Ltd (000798)	$796.52 Million	0.36%	0.09x	$400.45 Million
Henan Shuanghui Investment & Development Co Ltd (000895)	$16.36 Billion	24.69%	0.34x	$11.55 Billion
Xinjiang Chalkis Co Ltd (000972)	$767.56 Million	1.47%	1.57x	$388.25 Million
Zhengzhou Qianweiyangchu Food Co Ltd (001215)	$405.77 Million	18.27%	1.07x	$599.98 Million
Qingdao Foods Co Ltd (001219)	$923.11 Million	9.90%	0.10x	$351.80 Million
Shandong Oriental Ocean Sci-Tech Co Ltd (002086)	$461.01 Million	8.31%	0.83x	$507.38 Million

About Jiangsu Hengshun Vinegar-Industry Co Ltd

SHG:600305 China Packaged Foods

Market Cap

$1.07 Billion

CN¥7.30 Billion CNY

Market Cap Rank

#8768 Global

#2183 in China

Share Price

CN¥6.60

Change (1 day)

-1.05%

52-Week Range

CN¥6.60 - CN¥8.45

All Time High

CN¥26.07