Zhongnongfa Seed Industry Group Co Ltd (600313) - Net Assets
Based on the latest financial reports, Zhongnongfa Seed Industry Group Co Ltd (600313) has net assets worth CN¥3.34 Billion CNY (≈ $488.74 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¥5.09 Billion ≈ $744.64 Million USD) and total liabilities (CN¥1.75 Billion ≈ $255.90 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 Zhongnongfa Seed Industry Group Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Zhongnongfa Seed Industry Group Co Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Zhongnongfa Seed Industry Group Co Ltd (600313) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.94 Billion ≈ $429.59 Million |
+2.06% |
| 2023-12-31 | CN¥2.88 Billion ≈ $420.90 Million |
+11.39% |
| 2022-12-31 | CN¥2.58 Billion ≈ $377.87 Million |
+15.22% |
| 2021-12-31 | CN¥2.24 Billion ≈ $327.96 Million |
+3.71% |
| 2020-12-31 | CN¥2.16 Billion ≈ $316.24 Million |
+2.15% |
| 2019-12-31 | CN¥2.12 Billion ≈ $309.59 Million |
+0.86% |
| 2018-12-31 | CN¥2.10 Billion ≈ $306.95 Million |
-1.16% |
| 2017-12-31 | CN¥2.12 Billion ≈ $310.54 Million |
-17.20% |
| 2016-12-31 | CN¥2.56 Billion ≈ $375.03 Million |
+3.36% |
| 2015-12-31 | CN¥2.48 Billion ≈ $362.83 Million |
+45.02% |
| 2014-12-31 | CN¥1.71 Billion ≈ $250.19 Million |
+29.48% |
| 2013-12-31 | CN¥1.32 Billion ≈ $193.23 Million |
+8.86% |
| 2012-12-31 | CN¥1.21 Billion ≈ $177.51 Million |
+100.05% |
| 2011-12-31 | CN¥606.37 Million ≈ $88.73 Million |
+18.87% |
| 2010-12-31 | CN¥510.12 Million ≈ $74.65 Million |
+20.02% |
| 2009-12-31 | CN¥425.05 Million ≈ $62.20 Million |
-7.32% |
| 2008-12-31 | CN¥458.64 Million ≈ $67.11 Million |
-4.87% |
| 2007-12-31 | CN¥482.10 Million ≈ $70.55 Million |
-11.49% |
| 2006-12-31 | CN¥544.70 Million ≈ $79.71 Million |
+3.14% |
| 2005-12-31 | CN¥528.10 Million ≈ $77.28 Million |
-4.54% |
| 2004-12-31 | CN¥553.25 Million ≈ $80.96 Million |
+9.52% |
| 2003-12-31 | CN¥505.16 Million ≈ $73.92 Million |
-22.51% |
| 2002-12-31 | CN¥651.89 Million ≈ $95.39 Million |
-15.51% |
| 2001-12-31 | CN¥771.60 Million ≈ $112.91 Million |
+0.87% |
| 2000-12-31 | CN¥764.96 Million ≈ $111.94 Million |
+189.86% |
| 1999-12-31 | CN¥263.91 Million ≈ $38.62 Million |
+35.24% |
| 1998-12-31 | CN¥195.14 Million ≈ $28.56 Million |
+12.23% |
| 1997-12-31 | CN¥173.87 Million ≈ $25.44 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.
| Company | Market Cap |
|---|---|
|
HIT Welding Industry Co. Ltd.
SHE:301137
|
$1.20 Billion |
|
Kinh Bac City Development Share Holding Corp
VN:KBC
|
$1.20 Billion |
|
El Puerto de Liverpool S.A.B. de C.V
MX:LIVEPOLC-1
|
$1.20 Billion |
|
Vedant Fashions Limited
NSE:MANYAVAR
|
$1.20 Billion |
|
Anhui Huaren Health Pharmaceutical Co. Ltd. Cl A
SHE:301408
|
$1.20 Billion |
|
Anhui Xinlong Electrical Co Ltd
SHE:002298
|
$1.20 Billion |
|
Hanza AB
ST:HANZA
|
$1.20 Billion |
|
Advantage Oil & Gas Ltd.
TO:AAV
|
$1.20 Billion |
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 46,887,179 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 44,712,366.
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: 4.34x
- 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 30.70x to 4.34x 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¥7.07 | x |
| 1998-12-31 | CN¥0.26 | CN¥7.07 | x |
| 1999-12-31 | CN¥0.33 | CN¥7.07 | x |
| 2000-12-31 | CN¥1.00 | CN¥7.07 | x |
| 2001-12-31 | CN¥1.00 | CN¥7.07 | x |
| 2002-12-31 | CN¥0.86 | CN¥7.07 | x |
| 2003-12-31 | CN¥0.67 | CN¥7.07 | x |
| 2004-12-31 | CN¥0.72 | CN¥7.07 | x |
| 2005-12-31 | CN¥0.69 | CN¥7.07 | x |
| 2006-12-31 | CN¥0.88 | CN¥7.07 | x |
| 2007-12-31 | CN¥0.63 | CN¥7.07 | x |
| 2008-12-31 | CN¥0.60 | CN¥7.07 | x |
| 2009-12-31 | CN¥0.56 | CN¥7.07 | x |
| 2010-12-31 | CN¥0.67 | CN¥7.07 | x |
| 2011-12-31 | CN¥0.68 | CN¥7.07 | x |
| 2012-12-31 | CN¥1.25 | CN¥7.07 | x |
| 2013-12-31 | CN¥1.12 | CN¥7.07 | x |
| 2014-12-31 | CN¥1.24 | CN¥7.07 | x |
| 2015-12-31 | CN¥1.79 | CN¥7.07 | x |
| 2016-12-31 | CN¥1.58 | CN¥7.07 | x |
| 2017-12-31 | CN¥1.28 | CN¥7.07 | x |
| 2018-12-31 | CN¥1.31 | CN¥7.07 | x |
| 2019-12-31 | CN¥1.33 | CN¥7.07 | x |
| 2020-12-31 | CN¥1.35 | CN¥7.07 | x |
| 2021-12-31 | CN¥1.39 | CN¥7.07 | x |
| 2022-12-31 | CN¥1.60 | CN¥7.07 | x |
| 2023-12-31 | CN¥1.76 | CN¥7.07 | x |
| 2024-12-31 | CN¥1.63 | CN¥7.07 | 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 (1.95%), 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 | 2.95% | 1.05% | 1.63x | 1.72x | CN¥-70.68 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 | 1.26% | 0.35% | 1.66x | 2.14x | CN¥-125.84 Million |
| 2020 | 1.85% | 0.74% | 1.10x | 2.26x | CN¥-119.64 Million |
| 2021 | 2.41% | 0.96% | 1.12x | 2.24x | CN¥-114.07 Million |
| 2022 | 13.25% | 4.38% | 1.31x | 2.31x | CN¥56.41 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: $1,245,542,310
- Average return on equity (ROE) among peers: 6.99%
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 | $1.20 Billion |
| ShenZhen Kondarl Group Co Ltd (000048) | $77.54 Million | 12.85% | 15.15x | $1.17 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $-167.97 Million | 0.00% | 0.00x | $484.37 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $423.88 Million | 2.68% | 0.95x | $355.56 Million |
| Hefei Fengle Seed Co Ltd (000713) | $426.90 Million | 12.00% | 0.60x | $752.22 Million |
| Luoniushan Co Ltd (000735) | $182.12 Million | 17.91% | 0.39x | $1.10 Billion |
| New Hope Liuhe Co Ltd (000876) | $458.73 Million | 12.53% | 0.08x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $6.29 Billion | 1.84% | 1.20x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $3.51 Billion | -14.72% | 0.74x | $497.17 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $565.47 Million | 24.00% | 0.31x | $558.39 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $694.16 Million | 0.82% | 0.25x | $1.30 Billion |
About Zhongnongfa Seed Industry Group Co Ltd
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.