Wanxiang Doneed Co Ltd (600371) - Net Assets

Latest as of September 2025: CN¥598.78 Million CNY ≈ $87.62 Million USD

Based on the latest financial reports, Wanxiang Doneed Co Ltd (600371) has net assets worth CN¥598.78 Million CNY (≈ $87.62 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¥725.38 Million ≈ $106.15 Million USD) and total liabilities (CN¥126.60 Million ≈ $18.53 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. Read Wanxiang Doneed Co Ltd total liabilities for a breakdown of total debt and financial obligations.

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. Also explore 600371 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Wanxiang Doneed Co Ltd market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥626.91 Million ≈ $91.74 Million	-1.18%
2023-12-31	CN¥634.39 Million ≈ $92.83 Million	+0.94%
2022-12-31	CN¥628.50 Million ≈ $91.97 Million	+7.74%
2021-12-31	CN¥583.35 Million ≈ $85.36 Million	+1.03%
2020-12-31	CN¥577.38 Million ≈ $84.49 Million	+5.83%
2019-12-31	CN¥545.60 Million ≈ $79.84 Million	+5.87%
2018-12-31	CN¥515.36 Million ≈ $75.41 Million	+0.62%
2017-12-31	CN¥512.18 Million ≈ $74.95 Million	+14.63%
2016-12-31	CN¥446.82 Million ≈ $65.38 Million	+12.80%
2015-12-31	CN¥396.13 Million ≈ $57.97 Million	-1.01%
2014-12-31	CN¥400.16 Million ≈ $58.56 Million	+3.33%
2013-12-31	CN¥387.25 Million ≈ $56.67 Million	-13.75%
2012-12-31	CN¥448.97 Million ≈ $65.70 Million	+8.08%
2011-12-31	CN¥415.42 Million ≈ $60.79 Million	+13.13%
2010-12-31	CN¥367.19 Million ≈ $53.73 Million	+3.58%
2009-12-31	CN¥354.49 Million ≈ $51.87 Million	+3.12%
2008-12-31	CN¥343.77 Million ≈ $50.30 Million	+9.30%
2007-12-31	CN¥314.52 Million ≈ $46.02 Million	-0.78%
2006-12-31	CN¥317.00 Million ≈ $46.39 Million	+2.80%
2005-12-31	CN¥308.37 Million ≈ $45.12 Million	+2.79%
2004-12-31	CN¥299.99 Million ≈ $43.90 Million	-3.85%
2003-12-31	CN¥311.99 Million ≈ $45.65 Million	+21.91%
2002-12-31	CN¥255.93 Million ≈ $37.45 Million	+128.09%
2001-12-31	CN¥112.20 Million ≈ $16.42 Million	+16.18%
2000-12-31	CN¥96.58 Million ≈ $14.13 Million	+9.35%
1999-12-31	CN¥88.32 Million ≈ $12.92 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
Synopex Inc KQ:025320	$376.38 Million
Guangzhou Improve Med Instrument SHE:300030	$376.43 Million
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas SA:AGRO3	$376.46 Million
Standard Biotools Inc NASDAQ:LAB	$376.49 Million
Hes Technology Group SHE:002963	$376.24 Million
Fanli Digital Technology Co Ltd SHG:600228	$376.20 Million
Zhejiang East Crystal Electronic Co Ltd SHE:002199	$376.18 Million
Fujian Jinsen Forestry Co Ltd SHE:002679	$376.03 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: 4.48x
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 21.68x to 4.48x 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¥8.79	x
2000-12-31	CN¥0.44	CN¥8.79	x
2001-12-31	CN¥0.52	CN¥8.79	x
2002-12-31	CN¥1.17	CN¥8.79	x
2003-12-31	CN¥1.25	CN¥8.79	x
2004-12-31	CN¥1.28	CN¥8.79	x
2005-12-31	CN¥1.32	CN¥8.79	x
2006-12-31	CN¥1.14	CN¥8.79	x
2007-12-31	CN¥1.08	CN¥8.79	x
2008-12-31	CN¥1.25	CN¥8.79	x
2009-12-31	CN¥1.16	CN¥8.79	x
2010-12-31	CN¥1.15	CN¥8.79	x
2011-12-31	CN¥1.33	CN¥8.79	x
2012-12-31	CN¥1.73	CN¥8.79	x
2013-12-31	CN¥1.18	CN¥8.79	x
2014-12-31	CN¥1.32	CN¥8.79	x
2015-12-31	CN¥1.53	CN¥8.79	x
2016-12-31	CN¥1.43	CN¥8.79	x
2017-12-31	CN¥1.61	CN¥8.79	x
2018-12-31	CN¥1.60	CN¥8.79	x
2019-12-31	CN¥1.67	CN¥8.79	x
2020-12-31	CN¥1.78	CN¥8.79	x
2021-12-31	CN¥1.81	CN¥8.79	x
2022-12-31	CN¥1.96	CN¥8.79	x
2023-12-31	CN¥1.95	CN¥8.79	x
2024-12-31	CN¥1.96	CN¥8.79	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: $6,379,962,120
Average return on equity (ROE) among peers: 5.83%

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	$376.33 Million
ShenZhen Kondarl Group Co Ltd (000048)	$708.75 Million	-21.95%	4.51x	$1.14 Billion
Guangdong Guanghong Holdings Co Ltd (000529)	$716.32 Million	8.08%	0.39x	$483.52 Million
Hunan Zhenghong Science and Technology Develop Co Ltd (000702)	$473.86 Million	3.40%	0.49x	$361.65 Million
Hefei Fengle Seed Co Ltd (000713)	$1.15 Billion	4.75%	0.60x	$759.23 Million
Luoniushan Co Ltd (000735)	$3.54 Billion	2.25%	0.75x	$1.11 Billion
New Hope Liuhe Co Ltd (000876)	$51.37 Billion	9.62%	1.22x	$5.75 Billion
Yuan Longping High-tech Agriculture Co Ltd (000998)	$1.16 Billion	4.18%	0.90x	$1.97 Billion
Dongrui Food Group Co Ltd (001201)	$3.11 Billion	1.38%	0.52x	$499.06 Million
Jiangxi Sunshine Dairy Co Ltd (001318)	$1.35 Billion	8.61%	0.06x	$552.18 Million
Shandong Denghai Seeds Co Ltd (002041)	$222.94 Million	37.95%	0.75x	$1.32 Billion

About Wanxiang Doneed Co Ltd

SHG:600371 China Farm Products

Market Cap

$376.33 Million

CN¥2.57 Billion CNY

Market Cap Rank

#13971 Global

#4392 in China

Share Price

CN¥8.79

Change (1 day)

+1.15%

52-Week Range

CN¥7.98 - CN¥10.29

All Time High

CN¥18.74