FuJian YanJing HuiQuan Brewery Co Ltd

SHG:600573 China Beverages - Brewers
Market Cap
$425.23 Million
CN¥3.12 Billion CNY
Market Cap Rank
#14732 Global
#3896 in China
Share Price
CN¥12.48
Change (1 day)
+2.38%
52-Week Range
CN¥10.89 - CN¥14.17
All Time High
CN¥18.47
About

FuJian YanJing HuiQuan Brewery Co.,Ltd produces and sells beer under the Huiquan brand in China. The company offers Huiquan Yimai, Huiquan Pure Draft, Huiquan European Knight, and Huiquan fresh beer series products. It is also involved in waste material recycling and sales; and commerce activities. The company was founded in 1938 and is headquartered in Quanzhou City, China. FuJian YanJing HuiQua… Read more

FuJian YanJing HuiQuan Brewery Co Ltd (600573) - Net Assets

Latest net assets as of September 2025: CN¥1.39 Billion CNY

Based on the latest financial reports, FuJian YanJing HuiQuan Brewery Co Ltd (600573) has net assets worth CN¥1.39 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¥1.81 Billion) and total liabilities (CN¥419.34 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¥1.39 Billion
% of Total Assets 76.77%
Annual Growth Rate 5.43%
5-Year Change 11.93%
10-Year Change 18.08%
Growth Volatility 20.98

FuJian YanJing HuiQuan Brewery Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how FuJian YanJing HuiQuan Brewery 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 FuJian YanJing HuiQuan Brewery Co Ltd (2000–2024)

The table below shows the annual net assets of FuJian YanJing HuiQuan Brewery Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.31 Billion +3.98%
2023-12-31 CN¥1.26 Billion +2.97%
2022-12-31 CN¥1.22 Billion +2.57%
2021-12-31 CN¥1.19 Billion +1.92%
2020-12-31 CN¥1.17 Billion +1.88%
2019-12-31 CN¥1.15 Billion +1.06%
2018-12-31 CN¥1.13 Billion +0.95%
2017-12-31 CN¥1.12 Billion +1.96%
2016-12-31 CN¥1.10 Billion -0.46%
2015-12-31 CN¥1.11 Billion +1.14%
2014-12-31 CN¥1.09 Billion +1.83%
2013-12-31 CN¥1.07 Billion +1.87%
2012-12-31 CN¥1.06 Billion -7.83%
2011-12-31 CN¥1.14 Billion +1.10%
2010-12-31 CN¥1.13 Billion +1.27%
2009-12-31 CN¥1.12 Billion +4.77%
2008-12-31 CN¥1.07 Billion +4.71%
2007-12-31 CN¥1.02 Billion +3.40%
2006-12-31 CN¥985.70 Million +1.95%
2005-12-31 CN¥966.83 Million +2.91%
2004-12-31 CN¥939.54 Million +1.46%
2003-12-31 CN¥926.01 Million +105.49%
2002-12-31 CN¥450.64 Million +18.48%
2001-12-31 CN¥380.36 Million +3.48%
2000-12-31 CN¥367.55 Million --

Equity Component Analysis

This analysis shows how different components contribute to FuJian YanJing HuiQuan Brewery 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 6232.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥409.43 Million 31.55%
Common Stock CN¥250.00 Million 19.27%
Other Components CN¥638.16 Million 49.18%
Total Equity CN¥1.30 Billion 100.00%

FuJian YanJing HuiQuan Brewery Co Ltd Competitors by Market Cap

The table below lists competitors of FuJian YanJing HuiQuan Brewery Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FuJian YanJing HuiQuan Brewery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,247,764,538 to 1,297,594,732, a change of 49,830,194 (4.0%).
  • Net income of 64,830,194 contributed positively to equity growth.
  • Dividend payments of 16,442,805 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥64.83 Million +5.0%
Dividends Paid CN¥16.44 Million -1.27%
Other Changes CN¥1.44 Million +0.11%
Total Change CN¥- 3.99%

Book Value vs Market Value Analysis

This analysis compares FuJian YanJing HuiQuan Brewery 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: 2.40x
  • 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 8.38x to 2.40x 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¥1.49 CN¥12.48 x
2001-12-31 CN¥1.52 CN¥12.48 x
2002-12-31 CN¥1.80 CN¥12.48 x
2003-12-31 CN¥3.70 CN¥12.48 x
2004-12-31 CN¥3.76 CN¥12.48 x
2005-12-31 CN¥3.87 CN¥12.48 x
2006-12-31 CN¥3.84 CN¥12.48 x
2007-12-31 CN¥4.01 CN¥12.48 x
2008-12-31 CN¥4.15 CN¥12.48 x
2009-12-31 CN¥4.44 CN¥12.48 x
2010-12-31 CN¥4.43 CN¥12.48 x
2011-12-31 CN¥4.39 CN¥12.48 x
2012-12-31 CN¥4.22 CN¥12.48 x
2013-12-31 CN¥4.18 CN¥12.48 x
2014-12-31 CN¥4.35 CN¥12.48 x
2015-12-31 CN¥4.30 CN¥12.48 x
2016-12-31 CN¥4.27 CN¥12.48 x
2017-12-31 CN¥4.47 CN¥12.48 x
2018-12-31 CN¥4.50 CN¥12.48 x
2019-12-31 CN¥4.55 CN¥12.48 x
2020-12-31 CN¥4.64 CN¥12.48 x
2021-12-31 CN¥4.73 CN¥12.48 x
2022-12-31 CN¥4.85 CN¥12.48 x
2023-12-31 CN¥4.99 CN¥12.48 x
2024-12-31 CN¥5.19 CN¥12.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently FuJian YanJing HuiQuan Brewery 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): 5.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.02%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.30x
  • Recent ROE (5.00%) is above the historical average (4.57%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 23.42% 9.64% 1.01x 2.40x CN¥48.91 Million
2001 17.04% 6.71% 0.86x 2.94x CN¥26.14 Million
2002 15.76% 7.68% 0.76x 2.71x CN¥25.42 Million
2003 1.27% 1.31% 0.65x 1.49x CN¥-79.01 Million
2004 1.58% 1.80% 0.70x 1.25x CN¥-77.45 Million
2005 2.86% 3.19% 0.70x 1.27x CN¥-67.67 Million
2006 3.63% 3.67% 0.82x 1.21x CN¥-61.51 Million
2007 4.40% 4.27% 0.87x 1.19x CN¥-56.12 Million
2008 6.51% 6.64% 0.86x 1.14x CN¥-36.68 Million
2009 6.98% 7.02% 0.87x 1.14x CN¥-33.27 Million
2010 4.74% 5.82% 0.72x 1.14x CN¥-58.77 Million
2011 2.96% 3.80% 0.71x 1.10x CN¥-79.57 Million
2012 -6.87% -10.38% 0.61x 1.09x CN¥-176.09 Million
2013 1.91% 2.56% 0.69x 1.08x CN¥-86.07 Million
2014 2.99% 3.91% 0.70x 1.09x CN¥-76.08 Million
2015 2.10% 3.06% 0.64x 1.07x CN¥-86.82 Million
2016 0.15% 0.27% 0.52x 1.09x CN¥-107.58 Million
2017 2.17% 4.25% 0.47x 1.09x CN¥-87.28 Million
2018 1.64% 3.35% 0.46x 1.07x CN¥-94.06 Million
2019 1.74% 3.52% 0.46x 1.07x CN¥-93.97 Million
2020 2.47% 4.67% 0.49x 1.08x CN¥-87.24 Million
2021 2.63% 5.33% 0.45x 1.10x CN¥-87.11 Million
2022 3.29% 6.50% 0.44x 1.16x CN¥-81.32 Million
2023 3.89% 7.91% 0.41x 1.20x CN¥-76.24 Million
2024 5.00% 10.02% 0.38x 1.30x CN¥-64.93 Million

Industry Comparison

This section compares FuJian YanJing HuiQuan Brewery Co Ltd's net assets metrics with peer companies in the Beverages - Brewers industry.

Industry Context

  • Industry: Beverages - Brewers
  • Average net assets among peers: $2,009,541,726
  • Average return on equity (ROE) among peers: 6.86%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FuJian YanJing HuiQuan Brewery Co Ltd (600573) CN¥1.39 Billion 23.42% 0.30x $212.28 Million
Beijing Yanjing Brewery Co Ltd (000729) $8.64 Billion 7.26% 0.37x $2.02 Billion
Tibet Galaxy Science & Technology Development Co Ltd (000752) $627.22 Million 4.18% 0.60x $301.39 Million
Lanzhou Huanghe Enterprise Co Ltd (000929) $783.02 Million 3.88% 0.55x $176.68 Million
Gansu Huangtai Wine-marketing Industry Co. Ltd. (000995) $346.16 Million 2.57% 0.52x $297.38 Million
GDH Supertime Group Co. Ltd. A (001338) $3.37 Billion 5.15% 0.34x $441.60 Million
Guangzhou Zhujiang Brewery Co Ltd (002461) $1.70 Billion 10.11% 1.04x $469.85 Million
Chongqing Brewery Co Ltd (600132) $740.04 Million 8.91% 1.56x $1.51 Billion
Hainan Yedao Group Co Ltd (600238) $562.11 Million 4.32% 1.10x $134.63 Million
Sichuan Swellfun Co Ltd (600779) $1.31 Billion 15.33% 0.73x $853.07 Million