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¥1.38 Billion CNY (≈ $201.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.72 Billion ≈ $251.99 Million USD) and total liabilities (CN¥346.82 Million ≈ $50.75 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 how tangible is FuJian YanJing HuiQuan Brewery Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.38 Billion |
| % of Total Assets | 79.86% |
| Annual Growth Rate | 5.4% |
| 5-Year Change | 14.88% |
| 10-Year Change | 24.08% |
| Growth Volatility | 20.56 |
FuJian YanJing HuiQuan Brewery Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how FuJian YanJing HuiQuan Brewery Co Ltd's net assets have evolved over time, based on quarterly financial data. See FuJian YanJing HuiQuan Brewery Co Ltd (600573) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for FuJian YanJing HuiQuan Brewery Co Ltd (2000–2025)
The table below shows the annual net assets of FuJian YanJing HuiQuan Brewery Co Ltd from 2000 to 2025. For live valuation and market cap data, see FuJian YanJing HuiQuan Brewery Co Ltd (600573) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.37 Billion ≈ $200.06 Million |
+4.60% |
| 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 7160.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥469.42 Million | 34.58% |
| Other Components | CN¥888.16 Million | 65.42% |
| Total Equity | CN¥1.36 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 |
|---|---|
|
Akva Group
OL:AKVA
|
$450.06 Million |
|
F&F Holdings Co. Ltd
KO:007700
|
$450.11 Million |
|
Qinghai Spring Medicinal Resources Technology Co Ltd
SHG:600381
|
$450.14 Million |
|
EUROKAI GmbH & Co. KGaA
F:EUK3
|
$450.18 Million |
|
Frp Holdings Ord
NASDAQ:FRPH
|
$449.93 Million |
|
Viromed Medical AG
DU:Q11
|
$449.86 Million |
|
WinMate Communication INC
TW:3416
|
$449.79 Million |
|
Deutsche Rohstoff AG
XETRA:DR0
|
$449.31 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 2024 to 2025, total equity changed from 1,297,594,732 to 1,357,585,189, a change of 59,990,457 (4.6%).
- Net income of 79,990,456 contributed positively to equity growth.
- Dividend payments of 21,914,928 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.99 Million | +5.89% |
| Dividends Paid | CN¥21.91 Million | -1.61% |
| Other Changes | CN¥1.91 Million | +0.14% |
| Total Change | CN¥- | 4.62% |
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: 2.27x
- 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 8.26x to 2.27x 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¥12.30 | x |
| 2001-12-31 | CN¥1.52 | CN¥12.30 | x |
| 2002-12-31 | CN¥1.80 | CN¥12.30 | x |
| 2003-12-31 | CN¥3.70 | CN¥12.30 | x |
| 2004-12-31 | CN¥3.76 | CN¥12.30 | x |
| 2005-12-31 | CN¥3.87 | CN¥12.30 | x |
| 2006-12-31 | CN¥3.84 | CN¥12.30 | x |
| 2007-12-31 | CN¥4.01 | CN¥12.30 | x |
| 2008-12-31 | CN¥4.15 | CN¥12.30 | x |
| 2009-12-31 | CN¥4.44 | CN¥12.30 | x |
| 2010-12-31 | CN¥4.43 | CN¥12.30 | x |
| 2011-12-31 | CN¥4.39 | CN¥12.30 | x |
| 2012-12-31 | CN¥4.18 | CN¥12.30 | x |
| 2013-12-31 | CN¥4.46 | CN¥12.30 | x |
| 2014-12-31 | CN¥4.35 | CN¥12.30 | x |
| 2015-12-31 | CN¥4.30 | CN¥12.30 | x |
| 2016-12-31 | CN¥6.51 | CN¥12.30 | x |
| 2017-12-31 | CN¥4.47 | CN¥12.30 | x |
| 2018-12-31 | CN¥4.50 | CN¥12.30 | x |
| 2019-12-31 | CN¥4.54 | CN¥12.30 | x |
| 2020-12-31 | CN¥4.65 | CN¥12.30 | x |
| 2021-12-31 | CN¥4.72 | CN¥12.30 | x |
| 2022-12-31 | CN¥4.83 | CN¥12.30 | x |
| 2023-12-31 | CN¥4.99 | CN¥12.30 | x |
| 2024-12-31 | CN¥5.18 | CN¥12.30 | x |
| 2025-12-31 | CN¥5.43 | CN¥12.30 | 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): 5.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.49%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.29x
- Recent ROE (5.89%) is above the historical average (4.62%), 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 | 1.79% | 2.40% | 0.69x | 1.08x | CN¥-87.37 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 |
| 2025 | 5.89% | 12.49% | 0.37x | 1.29x | CN¥-55.77 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: $4,389,834,900
- Average return on equity (ROE) among peers: 3.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FuJian YanJing HuiQuan Brewery Co Ltd (600573) | CN¥1.38 Billion | 23.42% | 0.25x | $449.97 Million |
| Beijing Yanjing Brewery Co Ltd (000729) | $3.60 Billion | 7.29% | 0.12x | $4.69 Billion |
| Tibet Galaxy Science & Technology Development Co Ltd (000752) | $990.10 Million | 2.26% | 0.16x | $347.37 Million |
| Lanzhou Huanghe Enterprise Co Ltd (000929) | $807.15 Million | -12.37% | 0.19x | $257.70 Million |
| Gansu Huangtai Wine-marketing Industry Co. Ltd. (000995) | $123.06 Million | -11.01% | 2.84x | $288.42 Million |
| Guangzhou Zhujiang Brewery Co Ltd (002461) | $3.31 Billion | 1.25% | 0.74x | $2.97 Billion |
| Chongqing Brewery Co Ltd (600132) | $629.49 Million | 5.45% | 0.87x | $3.50 Billion |
| Hainan Yedao Group Co Ltd (600238) | $630.09 Million | 18.12% | 1.12x | $328.58 Million |
| Tsingtao Brewery Co Ltd (600600) | $28.25 Billion | 15.10% | 0.74x | $6.17 Billion |
| Sichuan Swellfun Co Ltd (600779) | $1.17 Billion | 8.69% | 0.61x | $2.11 Billion |
About FuJian YanJing HuiQuan Brewery Co Ltd
FuJian YanJing HuiQuan Brewery Co.,Ltd produces and sells beer in China. The company offers Huiquan Wheat, Huiquan Pure Draft, Huiquan European Knight, Huiquan Fresh Beer, Huiquan 1983, and the Old Huiquan beer series products. It is also involved in waste material recycling and sales; and trade activities. The company was formerly known as Fujian Huiquan Brewery Group Co., Ltd. and changed its n… Read more