Beijing Sanyuan Foods Co Ltd (600429) - Net Assets
Based on the latest financial reports, Beijing Sanyuan Foods Co Ltd (600429) has net assets worth CN¥5.34 Billion CNY (≈ $781.97 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¥9.32 Billion ≈ $1.36 Billion USD) and total liabilities (CN¥3.98 Billion ≈ $582.44 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 600429 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.34 Billion |
| % of Total Assets | 57.31% |
| Annual Growth Rate | 10.1% |
| 5-Year Change | -15.53% |
| 10-Year Change | -12.43% |
| Growth Volatility | 52.66 |
Beijing Sanyuan Foods Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Beijing Sanyuan Foods Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Beijing Sanyuan Foods Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Beijing Sanyuan Foods Co Ltd (2000–2024)
The table below shows the annual net assets of Beijing Sanyuan Foods Co Ltd from 2000 to 2024. For live valuation and market cap data, see Beijing Sanyuan Foods Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.06 Billion ≈ $740.08 Million |
-4.78% |
| 2023-12-31 | CN¥5.31 Billion ≈ $777.19 Million |
-13.09% |
| 2022-12-31 | CN¥6.11 Billion ≈ $894.28 Million |
+1.21% |
| 2021-12-31 | CN¥6.04 Billion ≈ $883.59 Million |
+0.85% |
| 2020-12-31 | CN¥5.99 Billion ≈ $876.16 Million |
-0.77% |
| 2019-12-31 | CN¥6.03 Billion ≈ $882.94 Million |
+1.19% |
| 2018-12-31 | CN¥5.96 Billion ≈ $872.53 Million |
+18.14% |
| 2017-12-31 | CN¥5.05 Billion ≈ $738.53 Million |
+1.90% |
| 2016-12-31 | CN¥4.95 Billion ≈ $724.77 Million |
-14.24% |
| 2015-12-31 | CN¥5.78 Billion ≈ $845.12 Million |
+238.39% |
| 2014-12-31 | CN¥1.71 Billion ≈ $249.75 Million |
+2.19% |
| 2013-12-31 | CN¥1.67 Billion ≈ $244.40 Million |
-14.66% |
| 2012-12-31 | CN¥1.96 Billion ≈ $286.38 Million |
+10.13% |
| 2011-12-31 | CN¥1.78 Billion ≈ $260.03 Million |
+1.14% |
| 2010-12-31 | CN¥1.76 Billion ≈ $257.09 Million |
+1.62% |
| 2009-12-31 | CN¥1.73 Billion ≈ $252.99 Million |
+98.26% |
| 2008-12-31 | CN¥872.03 Million ≈ $127.61 Million |
+3.44% |
| 2007-12-31 | CN¥843.05 Million ≈ $123.36 Million |
+2.84% |
| 2006-12-31 | CN¥819.80 Million ≈ $119.96 Million |
+4.18% |
| 2005-12-31 | CN¥786.89 Million ≈ $115.15 Million |
-3.99% |
| 2004-12-31 | CN¥819.62 Million ≈ $119.94 Million |
-14.60% |
| 2003-12-31 | CN¥959.73 Million ≈ $140.44 Million |
+73.73% |
| 2002-12-31 | CN¥552.41 Million ≈ $80.84 Million |
+1.95% |
| 2001-12-31 | CN¥541.87 Million ≈ $79.29 Million |
+7.97% |
| 2000-12-31 | CN¥501.89 Million ≈ $73.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Sanyuan Foods 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 8875.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥384.23 Million | 7.77% |
| Common Stock | CN¥1.51 Billion | 30.53% |
| Other Components | CN¥3.05 Billion | 61.70% |
| Total Equity | CN¥4.94 Billion | 100.00% |
Beijing Sanyuan Foods Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Sanyuan Foods Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guoguang Electric Co Ltd Chengdu
SHG:688776
|
$1.31 Billion |
|
Equital
TA:EQTL
|
$1.31 Billion |
|
North China Pharmaceutical Co Ltd
SHG:600812
|
$1.31 Billion |
|
Couchbase Inc
NASDAQ:BASE
|
$1.31 Billion |
|
Ladder Capital Corp Class A
NYSE:LADR
|
$1.31 Billion |
|
Savers Value Village, Inc.
NYSE:SVV
|
$1.31 Billion |
|
Hongbo Co Ltd
SHE:002229
|
$1.31 Billion |
|
Nolato AB (publ)
ST:NOLA-B
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Sanyuan Foods Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,147,328,966 to 4,943,733,225, a change of -203,595,741 (-4.0%).
- Net income of 54,811,753 contributed positively to equity growth.
- Dividend payments of 159,868,369 reduced retained earnings.
- Share repurchases of 136,511,120 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥54.81 Million | +1.11% |
| Dividends Paid | CN¥159.87 Million | -3.23% |
| Share Repurchases | CN¥136.51 Million | -2.76% |
| Other Changes | CN¥37.97 Million | +0.77% |
| Total Change | CN¥- | -3.96% |
Book Value vs Market Value Analysis
This analysis compares Beijing Sanyuan Foods 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: 1.84x
- 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 8.92x to 1.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.67 | CN¥5.96 | x |
| 2001-12-31 | CN¥0.71 | CN¥5.96 | x |
| 2002-12-31 | CN¥0.73 | CN¥5.96 | x |
| 2003-12-31 | CN¥1.26 | CN¥5.96 | x |
| 2004-12-31 | CN¥1.08 | CN¥5.96 | x |
| 2005-12-31 | CN¥1.01 | CN¥5.96 | x |
| 2006-12-31 | CN¥1.05 | CN¥5.96 | x |
| 2007-12-31 | CN¥1.09 | CN¥5.96 | x |
| 2008-12-31 | CN¥1.31 | CN¥5.96 | x |
| 2009-12-31 | CN¥2.58 | CN¥5.96 | x |
| 2010-12-31 | CN¥1.95 | CN¥5.96 | x |
| 2011-12-31 | CN¥2.00 | CN¥5.96 | x |
| 2012-12-31 | CN¥2.04 | CN¥5.96 | x |
| 2013-12-31 | CN¥1.78 | CN¥5.96 | x |
| 2014-12-31 | CN¥1.77 | CN¥5.96 | x |
| 2015-12-31 | CN¥4.02 | CN¥5.96 | x |
| 2016-12-31 | CN¥3.18 | CN¥5.96 | x |
| 2017-12-31 | CN¥3.23 | CN¥5.96 | x |
| 2018-12-31 | CN¥3.30 | CN¥5.96 | x |
| 2019-12-31 | CN¥3.35 | CN¥5.96 | x |
| 2020-12-31 | CN¥3.31 | CN¥5.96 | x |
| 2021-12-31 | CN¥3.43 | CN¥5.96 | x |
| 2022-12-31 | CN¥3.31 | CN¥5.96 | x |
| 2023-12-31 | CN¥3.39 | CN¥5.96 | x |
| 2024-12-31 | CN¥3.25 | CN¥5.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Sanyuan Foods 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): 1.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.78%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.79x
- Recent ROE (1.11%) is below the historical average (1.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.92% | 8.09% | 0.65x | 2.26x | CN¥9.34 Million |
| 2001 | 11.49% | 5.84% | 0.83x | 2.37x | CN¥7.61 Million |
| 2002 | 11.45% | 5.44% | 0.75x | 2.80x | CN¥7.68 Million |
| 2003 | 1.40% | 0.98% | 0.83x | 1.72x | CN¥-78.87 Million |
| 2004 | -16.05% | -12.48% | 0.76x | 1.69x | CN¥-204.25 Million |
| 2005 | -8.49% | -6.45% | 0.78x | 1.69x | CN¥-135.01 Million |
| 2006 | 1.94% | 1.49% | 0.87x | 1.50x | CN¥-61.58 Million |
| 2007 | 2.75% | 1.97% | 0.90x | 1.55x | CN¥-57.46 Million |
| 2008 | 4.90% | 2.88% | 1.01x | 1.69x | CN¥-42.36 Million |
| 2009 | -7.62% | -5.41% | 0.94x | 1.50x | CN¥-297.76 Million |
| 2010 | 2.84% | 1.91% | 0.93x | 1.60x | CN¥-123.68 Million |
| 2011 | 2.54% | 1.46% | 0.89x | 1.95x | CN¥-132.20 Million |
| 2012 | 1.82% | 0.92% | 0.97x | 2.02x | CN¥-147.65 Million |
| 2013 | -14.36% | -5.98% | 1.08x | 2.23x | CN¥-384.30 Million |
| 2014 | 3.41% | 1.18% | 1.08x | 2.67x | CN¥-103.18 Million |
| 2015 | 1.40% | 1.73% | 0.60x | 1.35x | CN¥-481.76 Million |
| 2016 | 2.23% | 1.80% | 0.77x | 1.61x | CN¥-368.24 Million |
| 2017 | 1.58% | 1.24% | 0.80x | 1.58x | CN¥-405.54 Million |
| 2018 | 3.63% | 2.42% | 0.55x | 2.71x | CN¥-316.22 Million |
| 2019 | 2.68% | 1.65% | 0.61x | 2.67x | CN¥-367.29 Million |
| 2020 | 0.31% | 0.21% | 0.55x | 2.70x | CN¥-480.80 Million |
| 2021 | 5.82% | 3.86% | 0.61x | 2.45x | CN¥-214.45 Million |
| 2022 | 0.39% | 0.24% | 0.57x | 2.83x | CN¥-477.14 Million |
| 2023 | 4.71% | 3.09% | 0.84x | 1.81x | CN¥-272.06 Million |
| 2024 | 1.11% | 0.78% | 0.79x | 1.79x | CN¥-439.56 Million |
Industry Comparison
This section compares Beijing Sanyuan Foods Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,994,389,347
- Average return on equity (ROE) among peers: 11.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Sanyuan Foods Co Ltd (600429) | CN¥5.34 Billion | 11.92% | 0.74x | $1.31 Billion |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $296.80 Million | 11.46% | 0.53x | $1.26 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $585.78 Million | -31.84% | 1.22x | $648.05 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $76.25 Million | 11.36% | 0.86x | $304.85 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $2.71 Billion | 2.87% | 0.70x | $570.04 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $256.68 Million | 54.64% | 0.92x | $499.50 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $23.15 Billion | 21.02% | 0.47x | $14.05 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $628.09 Million | 8.48% | 2.86x | $440.17 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.82 Billion | 4.59% | 0.27x | $687.56 Million |
| Qingdao Foods Co Ltd (001219) | $299.34 Million | 12.12% | 0.20x | $447.10 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $117.09 Million | 24.08% | 1.95x | $584.78 Million |
About Beijing Sanyuan Foods Co Ltd
Beijing Sanyuan Foods Co., Ltd. manufactures and sells dairy products in China and internationally. The company offers milk, milk powder, yogurt, cheese, ice cream, cold food and drinks, etc. It sells its products through e-commerce channels. The company was incorporated in 1997 and is based in Beijing, China.