Wanxiang Doneed Co Ltd
Wanxiang Doneed Co., ltd, through its subsidiaries, engages in the research, development, production, and sale of corn hybrid seeds in China. It also offers corn parent seeds, wheat, and fertilizers products. Wanxiang Doneed Co., ltd was incorporated in 1995 and is headquartered in Harbin, China.
Wanxiang Doneed Co Ltd (600371) - Net Assets
Latest net assets as of September 2025: CN¥598.78 Million CNY
Based on the latest financial reports, Wanxiang Doneed Co Ltd (600371) has net assets worth CN¥598.78 Million 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¥725.38 Million) and total liabilities (CN¥126.60 Million). 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¥598.78 Million |
| % of Total Assets | 82.55% |
| Annual Growth Rate | 8.15% |
| 5-Year Change | 8.58% |
| 10-Year Change | 58.26% |
| Growth Volatility | 25.15 |
Wanxiang Doneed Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Wanxiang Doneed 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 Wanxiang Doneed Co Ltd (1999–2024)
The table below shows the annual net assets of Wanxiang Doneed Co Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥626.91 Million | -1.18% |
| 2023-12-31 | CN¥634.39 Million | +0.94% |
| 2022-12-31 | CN¥628.50 Million | +7.74% |
| 2021-12-31 | CN¥583.35 Million | +1.03% |
| 2020-12-31 | CN¥577.38 Million | +5.83% |
| 2019-12-31 | CN¥545.60 Million | +5.87% |
| 2018-12-31 | CN¥515.36 Million | +0.62% |
| 2017-12-31 | CN¥512.18 Million | +14.63% |
| 2016-12-31 | CN¥446.82 Million | +12.80% |
| 2015-12-31 | CN¥396.13 Million | -1.01% |
| 2014-12-31 | CN¥400.16 Million | +3.33% |
| 2013-12-31 | CN¥387.25 Million | -13.75% |
| 2012-12-31 | CN¥448.97 Million | +8.08% |
| 2011-12-31 | CN¥415.42 Million | +13.13% |
| 2010-12-31 | CN¥367.19 Million | +3.58% |
| 2009-12-31 | CN¥354.49 Million | +3.12% |
| 2008-12-31 | CN¥343.77 Million | +9.30% |
| 2007-12-31 | CN¥314.52 Million | -0.78% |
| 2006-12-31 | CN¥317.00 Million | +2.80% |
| 2005-12-31 | CN¥308.37 Million | +2.79% |
| 2004-12-31 | CN¥299.99 Million | -3.85% |
| 2003-12-31 | CN¥311.99 Million | +21.91% |
| 2002-12-31 | CN¥255.93 Million | +128.09% |
| 2001-12-31 | CN¥112.20 Million | +16.18% |
| 2000-12-31 | CN¥96.58 Million | +9.35% |
| 1999-12-31 | CN¥88.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wanxiang Doneed 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 736.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥165.31 Million | 28.81% |
| Common Stock | CN¥292.58 Million | 50.99% |
| Other Comprehensive Income | CN¥105.72 Million | 18.42% |
| Other Components | CN¥10.24 Million | 1.78% |
| Total Equity | CN¥573.84 Million | 100.00% |
Wanxiang Doneed Co Ltd Competitors by Market Cap
The table below lists competitors of Wanxiang Doneed Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capex S.A
BA:CAPX
|
$193.62 Million |
|
CERRO DE PASCO RES
F:N8HP
|
$193.63 Million |
|
Zhejiang Walrus New Material Co Ltd
SHE:003011
|
$193.74 Million |
|
Modern Dental Group Limited
F:1MD
|
$193.75 Million |
|
Cello World Limited
NSE:CELLO
|
$193.49 Million |
|
Anima Holding S.p.A.
LSE:0QTI
|
$193.40 Million |
|
Inner Mongolia Ojing Science & Technology Co. Ltd. A
SHE:001269
|
$193.39 Million |
|
Aldel Financial II Inc. Units
NASDAQ:ALDFU
|
$193.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wanxiang Doneed Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 579,727,902 to 573,840,516, a change of -5,887,386 (-1.0%).
- Net income of 52,628,214 contributed positively to equity growth.
- Dividend payments of 58,515,600 reduced retained earnings.
- Other comprehensive income increased equity by 6,691,937.
- Other factors decreased equity by 6,691,937.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥52.63 Million | +9.17% |
| Dividends Paid | CN¥58.52 Million | -10.2% |
| Other Comprehensive Income | CN¥6.69 Million | +1.17% |
| Other Changes | CN¥-6.69 Million | -1.17% |
| Total Change | CN¥- | -1.02% |
Book Value vs Market Value Analysis
This analysis compares Wanxiang Doneed 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: 4.83x
- 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 23.36x to 4.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CN¥0.41 | CN¥9.47 | x |
| 2000-12-31 | CN¥0.44 | CN¥9.47 | x |
| 2001-12-31 | CN¥0.52 | CN¥9.47 | x |
| 2002-12-31 | CN¥1.17 | CN¥9.47 | x |
| 2003-12-31 | CN¥1.25 | CN¥9.47 | x |
| 2004-12-31 | CN¥1.28 | CN¥9.47 | x |
| 2005-12-31 | CN¥1.32 | CN¥9.47 | x |
| 2006-12-31 | CN¥1.14 | CN¥9.47 | x |
| 2007-12-31 | CN¥1.08 | CN¥9.47 | x |
| 2008-12-31 | CN¥1.25 | CN¥9.47 | x |
| 2009-12-31 | CN¥1.16 | CN¥9.47 | x |
| 2010-12-31 | CN¥1.15 | CN¥9.47 | x |
| 2011-12-31 | CN¥1.33 | CN¥9.47 | x |
| 2012-12-31 | CN¥1.73 | CN¥9.47 | x |
| 2013-12-31 | CN¥1.18 | CN¥9.47 | x |
| 2014-12-31 | CN¥1.32 | CN¥9.47 | x |
| 2015-12-31 | CN¥1.53 | CN¥9.47 | x |
| 2016-12-31 | CN¥1.43 | CN¥9.47 | x |
| 2017-12-31 | CN¥1.61 | CN¥9.47 | x |
| 2018-12-31 | CN¥1.60 | CN¥9.47 | x |
| 2019-12-31 | CN¥1.67 | CN¥9.47 | x |
| 2020-12-31 | CN¥1.78 | CN¥9.47 | x |
| 2021-12-31 | CN¥1.81 | CN¥9.47 | x |
| 2022-12-31 | CN¥1.96 | CN¥9.47 | x |
| 2023-12-31 | CN¥1.95 | CN¥9.47 | x |
| 2024-12-31 | CN¥1.96 | CN¥9.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wanxiang Doneed 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): 9.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.35%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.41x
- Recent ROE (9.17%) is below the historical average (9.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 12.80% | 12.20% | 0.50x | 2.11x | CN¥2.47 Million |
| 2000 | 14.76% | 12.30% | 0.69x | 1.74x | CN¥4.60 Million |
| 2001 | 13.93% | 10.99% | 0.93x | 1.36x | CN¥4.40 Million |
| 2002 | 6.22% | 9.95% | 0.52x | 1.21x | CN¥-9.68 Million |
| 2003 | 6.25% | 6.12% | 0.42x | 2.43x | CN¥-10.24 Million |
| 2004 | 1.71% | 1.34% | 0.61x | 2.11x | CN¥-23.02 Million |
| 2005 | 2.87% | 2.44% | 0.44x | 2.65x | CN¥-20.43 Million |
| 2006 | 6.01% | 3.19% | 0.67x | 2.80x | CN¥-12.05 Million |
| 2007 | 12.25% | 5.11% | 0.84x | 2.84x | CN¥6.67 Million |
| 2008 | 9.27% | 4.63% | 0.76x | 2.63x | CN¥-2.39 Million |
| 2009 | 11.97% | 6.04% | 0.86x | 2.31x | CN¥6.62 Million |
| 2010 | 12.04% | 7.10% | 0.77x | 2.20x | CN¥7.07 Million |
| 2011 | 20.41% | 14.24% | 0.56x | 2.57x | CN¥40.82 Million |
| 2012 | 19.58% | 12.57% | 0.64x | 2.43x | CN¥40.63 Million |
| 2013 | -9.98% | -8.57% | 0.41x | 2.86x | CN¥-70.85 Million |
| 2014 | 1.16% | 1.01% | 0.55x | 2.08x | CN¥-33.83 Million |
| 2015 | 1.50% | 1.53% | 0.56x | 1.76x | CN¥-32.27 Million |
| 2016 | 12.81% | 17.24% | 0.43x | 1.75x | CN¥12.06 Million |
| 2017 | 12.28% | 22.36% | 0.34x | 1.63x | CN¥10.69 Million |
| 2018 | 10.92% | 19.72% | 0.33x | 1.65x | CN¥4.39 Million |
| 2019 | 11.99% | 21.32% | 0.35x | 1.63x | CN¥9.75 Million |
| 2020 | 10.57% | 22.99% | 0.32x | 1.43x | CN¥2.98 Million |
| 2021 | 7.15% | 17.12% | 0.29x | 1.44x | CN¥-15.11 Million |
| 2022 | 12.56% | 30.63% | 0.26x | 1.57x | CN¥14.67 Million |
| 2023 | 11.26% | 20.45% | 0.34x | 1.62x | CN¥7.32 Million |
| 2024 | 9.17% | 15.35% | 0.42x | 1.41x | CN¥-4.76 Million |
Industry Comparison
This section compares Wanxiang Doneed 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 |
|---|---|---|---|---|
| Wanxiang Doneed Co Ltd (600371) | CN¥598.78 Million | 12.80% | 0.21x | $193.51 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 |