Zhongnongfa Seed Industry Group Co Ltd

SHG:600313 China Farm Products
Market Cap
$1.31 Billion
CN¥9.58 Billion CNY
Market Cap Rank
#9183 Global
#1850 in China
Share Price
CN¥8.25
Change (1 day)
-0.24%
52-Week Range
CN¥6.14 - CN¥9.24
All Time High
CN¥15.84
About

Zhongnongfa Seed Industry Group Co., Ltd. engages in the research, development, production, and sales of crop seeds and pesticides in China. It is also involved in the fertilizer trading and proprietary varieties. The company offers wheat, corn, rice, rapeseed, soybeans, and oilseed crop seeds. The company was incorporated in 1999 and is based in Beijing, China.

Zhongnongfa Seed Industry Group Co Ltd (600313) - Net Assets

Latest net assets as of September 2025: CN¥3.34 Billion CNY

Based on the latest financial reports, Zhongnongfa Seed Industry Group Co Ltd (600313) has net assets worth CN¥3.34 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¥5.09 Billion) and total liabilities (CN¥1.75 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¥3.34 Billion
% of Total Assets 65.63%
Annual Growth Rate 11.04%
5-Year Change 35.84%
10-Year Change 18.4%
Growth Volatility 41.36

Zhongnongfa Seed Industry Group Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Zhongnongfa Seed Industry Group 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 Zhongnongfa Seed Industry Group Co Ltd (1997–2024)

The table below shows the annual net assets of Zhongnongfa Seed Industry Group Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.94 Billion +2.06%
2023-12-31 CN¥2.88 Billion +11.39%
2022-12-31 CN¥2.58 Billion +15.22%
2021-12-31 CN¥2.24 Billion +3.71%
2020-12-31 CN¥2.16 Billion +2.15%
2019-12-31 CN¥2.12 Billion +0.86%
2018-12-31 CN¥2.10 Billion -1.16%
2017-12-31 CN¥2.12 Billion -17.20%
2016-12-31 CN¥2.56 Billion +3.36%
2015-12-31 CN¥2.48 Billion +45.02%
2014-12-31 CN¥1.71 Billion +29.48%
2013-12-31 CN¥1.32 Billion +8.86%
2012-12-31 CN¥1.21 Billion +100.05%
2011-12-31 CN¥606.37 Million +18.87%
2010-12-31 CN¥510.12 Million +20.02%
2009-12-31 CN¥425.05 Million -7.32%
2008-12-31 CN¥458.64 Million -4.87%
2007-12-31 CN¥482.10 Million -11.49%
2006-12-31 CN¥544.70 Million +3.14%
2005-12-31 CN¥528.10 Million -4.54%
2004-12-31 CN¥553.25 Million +9.52%
2003-12-31 CN¥505.16 Million -22.51%
2002-12-31 CN¥651.89 Million -15.51%
2001-12-31 CN¥771.60 Million +0.87%
2000-12-31 CN¥764.96 Million +189.86%
1999-12-31 CN¥263.91 Million +35.24%
1998-12-31 CN¥195.14 Million +12.23%
1997-12-31 CN¥173.87 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhongnongfa Seed Industry Group 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 39031605700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥390.32 Million 20.44%
Common Stock CN¥1.08 Billion 56.66%
Other Comprehensive Income CN¥56.81 Million 2.97%
Other Components CN¥380.59 Million 19.93%
Total Equity CN¥1.91 Billion 100.00%

Zhongnongfa Seed Industry Group Co Ltd Competitors by Market Cap

The table below lists competitors of Zhongnongfa Seed Industry Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,863,646,699 to 1,909,923,713, a change of 46,277,014 (2.5%).
  • Net income of 46,887,176 contributed positively to equity growth.
  • Dividend payments of 12,711,982 reduced retained earnings.
  • Other comprehensive income increased equity by 56,814,183.
  • Other factors decreased equity by 44,712,363.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥46.89 Million +2.45%
Dividends Paid CN¥12.71 Million -0.67%
Other Comprehensive Income CN¥56.81 Million +2.97%
Other Changes CN¥-44.71 Million -2.34%
Total Change CN¥- 2.48%

Book Value vs Market Value Analysis

This analysis compares Zhongnongfa Seed Industry Group 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: 5.06x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 35.82x to 5.06x 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¥0.23 CN¥8.25 x
1998-12-31 CN¥0.26 CN¥8.25 x
1999-12-31 CN¥0.33 CN¥8.25 x
2000-12-31 CN¥1.00 CN¥8.25 x
2001-12-31 CN¥1.00 CN¥8.25 x
2002-12-31 CN¥0.86 CN¥8.25 x
2003-12-31 CN¥0.67 CN¥8.25 x
2004-12-31 CN¥0.72 CN¥8.25 x
2005-12-31 CN¥0.69 CN¥8.25 x
2006-12-31 CN¥0.88 CN¥8.25 x
2007-12-31 CN¥0.63 CN¥8.25 x
2008-12-31 CN¥0.60 CN¥8.25 x
2009-12-31 CN¥0.56 CN¥8.25 x
2010-12-31 CN¥0.67 CN¥8.25 x
2011-12-31 CN¥0.68 CN¥8.25 x
2012-12-31 CN¥1.25 CN¥8.25 x
2013-12-31 CN¥1.12 CN¥8.25 x
2014-12-31 CN¥1.24 CN¥8.25 x
2015-12-31 CN¥1.79 CN¥8.25 x
2016-12-31 CN¥1.58 CN¥8.25 x
2017-12-31 CN¥1.28 CN¥8.25 x
2018-12-31 CN¥1.31 CN¥8.25 x
2019-12-31 CN¥1.33 CN¥8.25 x
2020-12-31 CN¥1.36 CN¥8.25 x
2021-12-31 CN¥1.39 CN¥8.25 x
2022-12-31 CN¥1.60 CN¥8.25 x
2023-12-31 CN¥1.76 CN¥8.25 x
2024-12-31 CN¥1.63 CN¥8.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhongnongfa Seed Industry Group 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): 2.45%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.84%
  • • Asset Turnover: 1.05x
  • • Equity Multiplier: 2.77x
  • Recent ROE (2.45%) is above the historical average (2.31%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 28.21% 5.01% 1.92x 2.93x CN¥31.58 Million
1998 22.04% 3.32% 2.03x 3.27x CN¥23.44 Million
1999 11.92% 2.19% 1.73x 3.14x CN¥4.84 Million
2000 2.70% 1.22% 1.24x 1.79x CN¥-54.73 Million
2001 0.81% 0.33% 1.37x 1.80x CN¥-69.54 Million
2002 -12.45% -4.73% 1.40x 1.89x CN¥-144.76 Million
2003 -22.53% -7.98% 1.45x 1.94x CN¥-164.36 Million
2004 0.63% 0.26% 1.37x 1.77x CN¥-51.12 Million
2005 -2.12% -0.84% 1.66x 1.52x CN¥-63.36 Million
2006 2.36% 1.42% 1.20x 1.39x CN¥-41.03 Million
2007 -11.38% -10.33% 0.74x 1.48x CN¥-101.85 Million
2008 -5.13% -4.59% 0.74x 1.50x CN¥-68.52 Million
2009 -6.47% -5.29% 0.90x 1.36x CN¥-70.00 Million
2010 10.37% 10.12% 0.91x 1.12x CN¥1.92 Million
2011 1.53% 0.64% 1.62x 1.49x CN¥-44.09 Million
2012 2.41% 0.87% 1.61x 1.72x CN¥-76.19 Million
2013 4.16% 1.69% 1.43x 1.73x CN¥-59.84 Million
2014 9.71% 3.62% 1.31x 2.04x CN¥-3.36 Million
2015 5.00% 2.24% 1.01x 2.21x CN¥-84.43 Million
2016 2.62% 1.01% 1.07x 2.41x CN¥-126.07 Million
2017 -20.52% -7.38% 1.09x 2.55x CN¥-424.21 Million
2018 2.23% 0.92% 1.11x 2.19x CN¥-110.46 Million
2019 3.15% 0.88% 1.66x 2.14x CN¥-98.72 Million
2020 3.49% 1.40% 1.10x 2.26x CN¥-95.55 Million
2021 4.99% 1.99% 1.12x 2.24x CN¥-75.30 Million
2022 17.67% 5.85% 1.31x 2.31x CN¥133.25 Million
2023 6.82% 1.88% 1.40x 2.59x CN¥-59.35 Million
2024 2.45% 0.84% 1.05x 2.77x CN¥-144.11 Million

Industry Comparison

This section compares Zhongnongfa Seed Industry Group Co Ltd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $1,314,559,364
  • Average return on equity (ROE) among peers: 7.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhongnongfa Seed Industry Group Co Ltd (600313) CN¥3.34 Billion 28.21% 0.52x $630.39 Million
ShenZhen Kondarl Group Co Ltd (000048) $493.88 Million 5.67% 1.45x $677.04 Million
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) $473.86 Million 3.40% 0.49x $192.35 Million
Hefei Fengle Seed Co Ltd (000713) $541.01 Million 5.38% 1.28x $460.52 Million
Luoniushan Co Ltd (000735) $1.57 Billion 5.18% 0.35x $939.65 Million
New Hope Liuhe Co Ltd (000876) $4.62 Billion 8.84% 0.83x $3.80 Billion
Yuan Longping High-tech Agriculture Co Ltd (000998) $903.81 Million 2.44% 0.22x $1.92 Billion
Dongrui Food Group Co Ltd (001201) $326.81 Million 2.47% 0.90x $262.05 Million
Jiangxi Sunshine Dairy Co Ltd (001318) $555.07 Million 18.79% 0.29x $164.61 Million
Boen Group Co. Ltd. Cl A (001366) $521.42 Million 14.80% 0.42x $88.79 Million
Shandong Denghai Seeds Co Ltd (002041) $3.14 Billion 3.25% 0.20x $542.58 Million