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

Latest as of September 2025: CN¥5.27 Billion CNY ≈ $771.90 Million USD

Based on the latest financial reports, Hebei Hengshui Laobaigan Liquor Co Ltd (600559) has net assets worth CN¥5.27 Billion CNY (≈ $771.90 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¥8.82 Billion ≈ $1.29 Billion USD) and total liabilities (CN¥3.54 Billion ≈ $518.05 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 Hebei Hengshui Laobaigan Liquor Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Hebei Hengshui Laobaigan Liquor Co Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600559 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥5.31 Billion ≈ $776.39 Million	+10.30%
2023-12-31	CN¥4.81 Billion ≈ $703.90 Million	+10.67%
2022-12-31	CN¥4.35 Billion ≈ $636.03 Million	+16.70%
2021-12-31	CN¥3.72 Billion ≈ $545.01 Million	+7.30%
2020-12-31	CN¥3.47 Billion ≈ $507.94 Million	+5.38%
2019-12-31	CN¥3.29 Billion ≈ $482.02 Million	+19.53%
2018-12-31	CN¥2.76 Billion ≈ $403.28 Million	+61.09%
2017-12-31	CN¥1.71 Billion ≈ $250.34 Million	+6.44%
2016-12-31	CN¥1.61 Billion ≈ $235.19 Million	+4.18%
2015-12-31	CN¥1.54 Billion ≈ $225.76 Million	+131.16%
2014-12-31	CN¥667.41 Million ≈ $97.66 Million	+6.88%
2013-12-31	CN¥624.44 Million ≈ $91.38 Million	+0.16%
2012-12-31	CN¥623.45 Million ≈ $91.23 Million	+22.98%
2011-12-31	CN¥506.93 Million ≈ $74.18 Million	+18.34%
2010-12-31	CN¥428.38 Million ≈ $62.69 Million	+6.90%
2009-12-31	CN¥400.74 Million ≈ $58.64 Million	+9.79%
2008-12-31	CN¥365.02 Million ≈ $53.41 Million	+4.93%
2007-12-31	CN¥347.87 Million ≈ $50.90 Million	+2.51%
2006-12-31	CN¥339.36 Million ≈ $49.66 Million	-0.37%
2005-12-31	CN¥340.64 Million ≈ $49.85 Million	-1.71%
2004-12-31	CN¥346.55 Million ≈ $50.71 Million	+0.45%
2003-12-31	CN¥345.00 Million ≈ $50.49 Million	+5.03%
2002-12-31	CN¥328.48 Million ≈ $48.07 Million	+121.91%
2001-12-31	CN¥148.02 Million ≈ $21.66 Million	+2.26%
2000-12-31	CN¥144.75 Million ≈ $21.18 Million	+2.30%
1999-12-31	CN¥141.49 Million ≈ $20.70 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
John Wiley & Sons NYSE:WLY	$1.81 Billion
Dongguan Eontec Co Ltd SHE:300328	$1.81 Billion
Guangzhou Goaland Energy Conservation Tech Co Ltd SHE:300499	$1.81 Billion
Gujarat State Petronet Limited NSE:GSPL	$1.81 Billion
Solvac S.A. BR:SOLV	$1.80 Billion
Outokumpu Oyj HE:OUT1V	$1.80 Billion
Fleury S.A. SA:FLRY3	$1.80 Billion
YGSOFT Inc SHE:002063	$1.80 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: 2.33x
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 68.52x to 2.33x 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¥13.50	x
2000-12-31	CN¥0.20	CN¥13.50	x
2001-12-31	CN¥0.21	CN¥13.50	x
2002-12-31	CN¥0.46	CN¥13.50	x
2003-12-31	CN¥0.48	CN¥13.50	x
2004-12-31	CN¥0.48	CN¥13.50	x
2005-12-31	CN¥0.47	CN¥13.50	x
2006-12-31	CN¥0.46	CN¥13.50	x
2007-12-31	CN¥0.53	CN¥13.50	x
2008-12-31	CN¥0.57	CN¥13.50	x
2009-12-31	CN¥0.64	CN¥13.50	x
2010-12-31	CN¥0.68	CN¥13.50	x
2011-12-31	CN¥0.80	CN¥13.50	x
2012-12-31	CN¥0.98	CN¥13.50	x
2013-12-31	CN¥0.98	CN¥13.50	x
2014-12-31	CN¥1.04	CN¥13.50	x
2015-12-31	CN¥2.37	CN¥13.50	x
2016-12-31	CN¥1.99	CN¥13.50	x
2017-12-31	CN¥2.17	CN¥13.50	x
2018-12-31	CN¥3.22	CN¥13.50	x
2019-12-31	CN¥3.67	CN¥13.50	x
2020-12-31	CN¥3.86	CN¥13.50	x
2021-12-31	CN¥4.15	CN¥13.50	x
2022-12-31	CN¥4.84	CN¥13.50	x
2023-12-31	CN¥5.27	CN¥13.50	x
2024-12-31	CN¥5.80	CN¥13.50	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: $10,484,111,519
Average return on equity (ROE) among peers: 22.42%

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	$1.81 Billion
Luzhou Lao Jiao Co Ltd (000568)	$17.12 Billion	20.36%	0.32x	$21.18 Billion
Anhui Gujing Distillery Co Ltd (000596)	$1.16 Billion	5.76%	0.31x	$6.34 Billion
Jiugui Liquor Co Ltd (000799)	$88.47 Million	77.39%	2.20x	$2.04 Billion
Wuliangye Yibin Co Ltd (000858)	$54.67 Billion	17.69%	0.30x	$52.40 Billion
Beijing Shunxin Agriculture Co Ltd (000860)	$5.50 Billion	6.84%	1.89x	$1.37 Billion
Yantai Changyu Pioneer Wine Co Ltd (000869)	$10.77 Billion	2.83%	0.16x	$1.29 Billion
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304)	$1.38 Billion	53.73%	0.58x	$10.73 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568)	$2.00 Billion	14.99%	0.28x	$2.86 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646)	$2.70 Billion	2.35%	0.20x	$568.58 Million
Anhui Gujing Distillery Co Ltd (200596)	$9.43 Billion	22.24%	0.47x	$991.41 Million

About Hebei Hengshui Laobaigan Liquor Co Ltd

SHG:600559 China Beverages - Wineries & Distilleries

Market Cap

$1.81 Billion

CN¥12.35 Billion CNY

Market Cap Rank

#6684 Global

#1545 in China

Share Price

CN¥13.50

Change (1 day)

-0.52%

52-Week Range

CN¥13.32 - CN¥18.41

All Time High

CN¥37.86