FuJian YanJing HuiQuan Brewery Co Ltd (600573) - Net Assets
Based on the latest financial reports, FuJian YanJing HuiQuan Brewery Co Ltd (600573) has net assets worth CN¥1.39 Billion CNY (≈ $202.80 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¥1.81 Billion ≈ $264.17 Million USD) and total liabilities (CN¥419.34 Million ≈ $61.36 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 FuJian YanJing HuiQuan Brewery Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore FuJian YanJing HuiQuan Brewery Co Ltd asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see FuJian YanJing HuiQuan Brewery Co Ltd (600573) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.31 Billion ≈ $191.26 Million |
+3.98% |
| 2023-12-31 | CN¥1.26 Billion ≈ $183.93 Million |
+2.97% |
| 2022-12-31 | CN¥1.22 Billion ≈ $178.62 Million |
+2.57% |
| 2021-12-31 | CN¥1.19 Billion ≈ $174.15 Million |
+1.92% |
| 2020-12-31 | CN¥1.17 Billion ≈ $170.87 Million |
+1.88% |
| 2019-12-31 | CN¥1.15 Billion ≈ $167.73 Million |
+1.06% |
| 2018-12-31 | CN¥1.13 Billion ≈ $165.97 Million |
+0.95% |
| 2017-12-31 | CN¥1.12 Billion ≈ $164.40 Million |
+1.96% |
| 2016-12-31 | CN¥1.10 Billion ≈ $161.24 Million |
-0.46% |
| 2015-12-31 | CN¥1.11 Billion ≈ $161.98 Million |
+1.14% |
| 2014-12-31 | CN¥1.09 Billion ≈ $160.16 Million |
+1.83% |
| 2013-12-31 | CN¥1.07 Billion ≈ $157.29 Million |
+1.87% |
| 2012-12-31 | CN¥1.06 Billion ≈ $154.40 Million |
-7.83% |
| 2011-12-31 | CN¥1.14 Billion ≈ $167.52 Million |
+1.10% |
| 2010-12-31 | CN¥1.13 Billion ≈ $165.69 Million |
+1.27% |
| 2009-12-31 | CN¥1.12 Billion ≈ $163.62 Million |
+4.77% |
| 2008-12-31 | CN¥1.07 Billion ≈ $156.17 Million |
+4.71% |
| 2007-12-31 | CN¥1.02 Billion ≈ $149.14 Million |
+3.40% |
| 2006-12-31 | CN¥985.70 Million ≈ $144.24 Million |
+1.95% |
| 2005-12-31 | CN¥966.83 Million ≈ $141.48 Million |
+2.91% |
| 2004-12-31 | CN¥939.54 Million ≈ $137.48 Million |
+1.46% |
| 2003-12-31 | CN¥926.01 Million ≈ $135.50 Million |
+105.49% |
| 2002-12-31 | CN¥450.64 Million ≈ $65.94 Million |
+18.48% |
| 2001-12-31 | CN¥380.36 Million ≈ $55.66 Million |
+3.48% |
| 2000-12-31 | CN¥367.55 Million ≈ $53.78 Million |
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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.
| Company | Market Cap |
|---|---|
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
$502.70 Million |
|
Bank Net Indonesia Syariah Tbk PT
JK:BANK
|
$502.76 Million |
|
Jinhong Fashion Group Co Ltd
SHG:603518
|
$502.83 Million |
|
Nanning Department Store Co Ltd
SHG:600712
|
$502.91 Million |
|
ShenZhen V&T Technologies Co Ltd
SHE:300484
|
$502.62 Million |
|
Tekla Life Sciences Investors
NYSE:HQL
|
$502.59 Million |
|
Lungteh Shipbldg Co Ltd
TW:6753
|
$502.34 Million |
|
Altice USA Inc
NYSE:ATUS
|
$502.28 Million |
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: 2.65x
- 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 9.23x to 2.65x 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¥13.74 | x |
| 2001-12-31 | CN¥1.52 | CN¥13.74 | x |
| 2002-12-31 | CN¥1.80 | CN¥13.74 | x |
| 2003-12-31 | CN¥3.70 | CN¥13.74 | x |
| 2004-12-31 | CN¥3.76 | CN¥13.74 | x |
| 2005-12-31 | CN¥3.87 | CN¥13.74 | x |
| 2006-12-31 | CN¥3.84 | CN¥13.74 | x |
| 2007-12-31 | CN¥4.01 | CN¥13.74 | x |
| 2008-12-31 | CN¥4.15 | CN¥13.74 | x |
| 2009-12-31 | CN¥4.44 | CN¥13.74 | x |
| 2010-12-31 | CN¥4.43 | CN¥13.74 | x |
| 2011-12-31 | CN¥4.39 | CN¥13.74 | x |
| 2012-12-31 | CN¥4.22 | CN¥13.74 | x |
| 2013-12-31 | CN¥4.18 | CN¥13.74 | x |
| 2014-12-31 | CN¥4.35 | CN¥13.74 | x |
| 2015-12-31 | CN¥4.30 | CN¥13.74 | x |
| 2016-12-31 | CN¥4.27 | CN¥13.74 | x |
| 2017-12-31 | CN¥4.47 | CN¥13.74 | x |
| 2018-12-31 | CN¥4.50 | CN¥13.74 | x |
| 2019-12-31 | CN¥4.55 | CN¥13.74 | x |
| 2020-12-31 | CN¥4.64 | CN¥13.74 | x |
| 2021-12-31 | CN¥4.73 | CN¥13.74 | x |
| 2022-12-31 | CN¥4.85 | CN¥13.74 | x |
| 2023-12-31 | CN¥4.99 | CN¥13.74 | x |
| 2024-12-31 | CN¥5.19 | CN¥13.74 | 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: $2,729,224,921
- Average return on equity (ROE) among peers: 4.57%
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 | $502.65 Million |
| Beijing Yanjing Brewery Co Ltd (000729) | $13.69 Billion | 4.29% | 0.33x | $5.49 Billion |
| Tibet Galaxy Science & Technology Development Co Ltd (000752) | $657.17 Million | 5.37% | 0.30x | $385.96 Million |
| Lanzhou Huanghe Enterprise Co Ltd (000929) | $343.58 Million | -4.55% | 1.38x | $280.80 Million |
| Gansu Huangtai Wine-marketing Industry Co. Ltd. (000995) | $123.47 Million | 5.14% | 3.34x | $349.95 Million |
| Guangzhou Zhujiang Brewery Co Ltd (002461) | $3.36 Billion | 1.80% | 0.87x | $3.36 Billion |
| Chongqing Brewery Co Ltd (600132) | $544.00 Million | 10.13% | 0.46x | $3.90 Billion |
| Hainan Yedao Group Co Ltd (600238) | $542.71 Million | 5.94% | 0.79x | $369.90 Million |
| Tsingtao Brewery Co Ltd (600600) | $4.17 Billion | 6.09% | 1.16x | $6.58 Billion |
| Sichuan Swellfun Co Ltd (600779) | $1.13 Billion | 6.88% | 0.52x | $2.32 Billion |
About FuJian YanJing HuiQuan Brewery Co Ltd
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