Hebei Hengshui Laobaigan Liquor Co Ltd

SHG:600559 China Beverages - Wineries & Distilleries
Market Cap
$1.86 Billion
CN¥13.68 Billion CNY
Market Cap Rank
#6109 Global
#889 in China
Share Price
CN¥14.95
Change (1 day)
+0.47%
52-Week Range
CN¥14.66 - CN¥19.25
All Time High
CN¥37.86
Categories
Companies in China Beverages - Wineries & Distilleries
About

Hebei Hengshui Laobaigan Liquor Co., Ltd. engages in the production and sale of liquor and wine products in China and internationally. The company offers its products under the Hengshui Laobaigan, Chengde Qianlong Drunk, Bancheng Shaoguo wine series, Wuling liquor series, Wenwang Gongjiu series, and Confucius Family wine series. It is also involved in the breeding and sale of pigs, as well as the… Read more

Hebei Hengshui Laobaigan Liquor Co Ltd (600559) - Net Assets

Latest net assets as of September 2025: CN¥5.27 Billion CNY

Based on the latest financial reports, Hebei Hengshui Laobaigan Liquor Co Ltd (600559) has net assets worth CN¥5.27 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¥8.82 Billion) and total liabilities (CN¥3.54 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¥5.27 Billion
% of Total Assets 59.84%
Annual Growth Rate 15.6%
5-Year Change 52.85%
10-Year Change 243.9%
Growth Volatility 34.01

Hebei Hengshui Laobaigan Liquor Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how Hebei Hengshui Laobaigan Liquor 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 Hebei Hengshui Laobaigan Liquor Co Ltd (1999–2024)

The table below shows the annual net assets of Hebei Hengshui Laobaigan Liquor Co Ltd from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.31 Billion +10.30%
2023-12-31 CN¥4.81 Billion +10.67%
2022-12-31 CN¥4.35 Billion +16.70%
2021-12-31 CN¥3.72 Billion +7.30%
2020-12-31 CN¥3.47 Billion +5.38%
2019-12-31 CN¥3.29 Billion +19.53%
2018-12-31 CN¥2.76 Billion +61.09%
2017-12-31 CN¥1.71 Billion +6.44%
2016-12-31 CN¥1.61 Billion +4.18%
2015-12-31 CN¥1.54 Billion +131.16%
2014-12-31 CN¥667.41 Million +6.88%
2013-12-31 CN¥624.44 Million +0.16%
2012-12-31 CN¥623.45 Million +22.98%
2011-12-31 CN¥506.93 Million +18.34%
2010-12-31 CN¥428.38 Million +6.90%
2009-12-31 CN¥400.74 Million +9.79%
2008-12-31 CN¥365.02 Million +4.93%
2007-12-31 CN¥347.87 Million +2.51%
2006-12-31 CN¥339.36 Million -0.37%
2005-12-31 CN¥340.64 Million -1.71%
2004-12-31 CN¥346.55 Million +0.45%
2003-12-31 CN¥345.00 Million +5.03%
2002-12-31 CN¥328.48 Million +121.91%
2001-12-31 CN¥148.02 Million +2.26%
2000-12-31 CN¥144.75 Million +2.30%
1999-12-31 CN¥141.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hebei Hengshui Laobaigan Liquor 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 257993053800.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.58 Billion 48.63%
Common Stock CN¥914.75 Million 17.24%
Other Components CN¥1.81 Billion 34.13%
Total Equity CN¥5.31 Billion 100.00%

Hebei Hengshui Laobaigan Liquor Co Ltd Competitors by Market Cap

The table below lists competitors of Hebei Hengshui Laobaigan Liquor Co Ltd ranked by their market capitalization.

Company Market Cap
Diagnostyka S.A.
WAR:DIA
 		$1.38 Billion
Vcanbio Cell & Gene Engineering Corp Ltd
SHG:600645
 		$1.38 Billion
Foreign Trade Bank of Latin America Inc
NYSE:BLX
 		$1.38 Billion
Polaris Bay Group Co Ltd
SHG:600155
 		$1.38 Billion
Tabcorp Holdings Ltd
AU:TAH
 		$1.38 Billion
Lucid Group Inc
NASDAQ:LCID
 		$1.38 Billion
BBMG Corp Class A
SHG:601992
 		$1.38 Billion
Kirloskar Oil Engines Limited
NSE:KIRLOSENG
 		$1.38 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hebei Hengshui Laobaigan Liquor Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,810,284,182 to 5,305,698,626, a change of 495,414,444 (10.3%).
  • Net income of 787,098,496 contributed positively to equity growth.
  • Dividend payments of 410,375,882 reduced retained earnings.
  • Other comprehensive income decreased equity by 40,609,534.
  • Other factors increased equity by 159,301,364.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥787.10 Million +14.83%
Dividends Paid CN¥410.38 Million -7.73%
Other Comprehensive Income CN¥-40.61 Million -0.77%
Other Changes CN¥159.30 Million +3.0%
Total Change CN¥- 10.30%

Book Value vs Market Value Analysis

This analysis compares Hebei Hengshui Laobaigan Liquor 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: 2.58x
  • 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 75.88x to 2.58x 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¥0.20 CN¥14.95 x
2000-12-31 CN¥0.20 CN¥14.95 x
2001-12-31 CN¥0.21 CN¥14.95 x
2002-12-31 CN¥0.46 CN¥14.95 x
2003-12-31 CN¥0.48 CN¥14.95 x
2004-12-31 CN¥0.48 CN¥14.95 x
2005-12-31 CN¥0.47 CN¥14.95 x
2006-12-31 CN¥0.46 CN¥14.95 x
2007-12-31 CN¥0.53 CN¥14.95 x
2008-12-31 CN¥0.57 CN¥14.95 x
2009-12-31 CN¥0.64 CN¥14.95 x
2010-12-31 CN¥0.68 CN¥14.95 x
2011-12-31 CN¥0.80 CN¥14.95 x
2012-12-31 CN¥0.98 CN¥14.95 x
2013-12-31 CN¥0.98 CN¥14.95 x
2014-12-31 CN¥1.04 CN¥14.95 x
2015-12-31 CN¥2.37 CN¥14.95 x
2016-12-31 CN¥1.99 CN¥14.95 x
2017-12-31 CN¥2.17 CN¥14.95 x
2018-12-31 CN¥3.22 CN¥14.95 x
2019-12-31 CN¥3.67 CN¥14.95 x
2020-12-31 CN¥3.86 CN¥14.95 x
2021-12-31 CN¥4.15 CN¥14.95 x
2022-12-31 CN¥4.84 CN¥14.95 x
2023-12-31 CN¥5.27 CN¥14.95 x
2024-12-31 CN¥5.80 CN¥14.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hebei Hengshui Laobaigan Liquor 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): 14.83%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.69%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 1.81x
  • Recent ROE (14.83%) is above the historical average (9.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 5.46% 3.02% 0.75x 2.41x CN¥-6.42 Million
2000 14.99% 9.82% 0.54x 2.85x CN¥7.22 Million
2001 14.74% 9.59% 0.59x 2.60x CN¥7.02 Million
2002 6.62% 8.28% 0.44x 1.81x CN¥-11.10 Million
2003 4.38% 5.79% 0.46x 1.65x CN¥-19.37 Million
2004 4.49% 5.19% 0.47x 1.86x CN¥-19.11 Million
2005 3.29% 2.97% 0.56x 1.98x CN¥-22.57 Million
2006 0.96% 0.66% 0.59x 2.44x CN¥-29.86 Million
2007 5.00% 3.77% 0.46x 2.89x CN¥-17.39 Million
2008 8.53% 5.18% 0.54x 3.05x CN¥-5.35 Million
2009 8.91% 4.30% 0.70x 2.94x CN¥-4.35 Million
2010 9.72% 3.57% 0.90x 3.01x CN¥-1.19 Million
2011 18.17% 6.52% 0.98x 2.86x CN¥41.44 Million
2012 18.00% 6.74% 0.99x 2.71x CN¥49.90 Million
2013 10.50% 3.64% 0.97x 2.97x CN¥3.12 Million
2014 8.86% 2.80% 0.94x 3.36x CN¥-7.60 Million
2015 4.86% 3.21% 0.83x 1.82x CN¥-79.24 Million
2016 6.90% 4.55% 0.76x 1.99x CN¥-49.88 Million
2017 9.56% 6.45% 0.88x 1.69x CN¥-7.55 Million
2018 12.74% 9.78% 0.65x 1.99x CN¥75.37 Million
2019 12.29% 10.03% 0.64x 1.91x CN¥75.45 Million
2020 9.02% 8.69% 0.56x 1.87x CN¥-33.91 Million
2021 10.45% 9.66% 0.53x 2.04x CN¥16.75 Million
2022 16.28% 15.21% 0.52x 2.05x CN¥272.95 Million
2023 13.84% 12.67% 0.55x 1.98x CN¥184.91 Million
2024 14.83% 14.69% 0.56x 1.81x CN¥256.53 Million

Industry Comparison

This section compares Hebei Hengshui Laobaigan Liquor Co Ltd's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.

Industry Context

  • Industry: Beverages - Wineries & Distilleries
  • Average net assets among peers: $7,937,637,780
  • Average return on equity (ROE) among peers: 16.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hebei Hengshui Laobaigan Liquor Co Ltd (600559) CN¥5.27 Billion 5.46% 0.67x $1.38 Billion
Luzhou Lao Jiao Co Ltd (000568) $235.40 Million 25.02% 1.14x $10.63 Billion
Jiugui Liquor Co Ltd (000799) $4.15 Billion 25.26% 0.41x $1.44 Billion
Wuliangye Yibin Co Ltd (000858) $3.19 Billion 24.07% 0.44x $24.90 Billion
Beijing Shunxin Agriculture Co Ltd (000860) $7.46 Billion 10.85% 1.95x $880.58 Million
Yantai Changyu Pioneer Wine Co Ltd (000869) $1.44 Billion 7.71% 0.27x $860.99 Million
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) $52.05 Billion 19.24% 0.34x $3.60 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568) $4.70 Billion 15.31% 0.73x $1.25 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646) $2.80 Billion 3.20% 0.19x $324.05 Million
Anhui Gujing Distillery Co Ltd (200596) $785.49 Million 22.16% 0.82x $2.43 Billion
Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) $2.56 Billion 12.49% 0.62x $218.25 Million