Bright Dairy & Food Co Ltd (600597) - Net Assets

Latest as of March 2026: CN¥10.63 Billion CNY ≈ $1.56 Billion USD

Based on the latest financial reports, Bright Dairy & Food Co Ltd (600597) has net assets worth CN¥10.63 Billion CNY (≈ $1.56 Billion 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¥21.53 Billion ≈ $3.15 Billion USD) and total liabilities (CN¥10.89 Billion ≈ $1.59 Billion 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 Bright Dairy & Food Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥10.63 Billion
% of Total Assets 49.39%
Annual Growth Rate 11.65%
5-Year Change 3.36%
10-Year Change 73.7%
Growth Volatility 35.03

Bright Dairy & Food Co Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Bright Dairy & Food Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Bright Dairy & Food Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Bright Dairy & Food Co Ltd (1999–2025)

The table below shows the annual net assets of Bright Dairy & Food Co Ltd from 1999 to 2025. For live valuation and market cap data, see how much is Bright Dairy & Food Co Ltd worth.

Year Net Assets Change
2025-12-31 CN¥10.70 Billion
≈ $1.57 Billion		 -3.51%
2024-12-31 CN¥11.09 Billion
≈ $1.62 Billion		 -2.92%
2023-12-31 CN¥11.42 Billion
≈ $1.67 Billion		 +8.29%
2022-12-31 CN¥10.55 Billion
≈ $1.54 Billion		 +1.90%
2021-12-31 CN¥10.35 Billion
≈ $1.51 Billion		 +16.11%
2020-12-31 CN¥8.92 Billion
≈ $1.30 Billion		 +20.20%
2019-12-31 CN¥7.42 Billion
≈ $1.09 Billion		 +9.32%
2018-12-31 CN¥6.78 Billion
≈ $992.83 Million		 +1.53%
2017-12-31 CN¥6.68 Billion
≈ $977.85 Million		 +8.48%
2016-12-31 CN¥6.16 Billion
≈ $901.39 Million		 +17.04%
2015-12-31 CN¥5.26 Billion
≈ $770.16 Million		 +1.22%
2014-12-31 CN¥5.20 Billion
≈ $760.86 Million		 +3.50%
2013-12-31 CN¥5.02 Billion
≈ $735.14 Million		 +13.54%
2012-12-31 CN¥4.42 Billion
≈ $647.47 Million		 +56.08%
2011-12-31 CN¥2.83 Billion
≈ $414.82 Million		 +5.51%
2010-12-31 CN¥2.69 Billion
≈ $393.16 Million		 +22.23%
2009-12-31 CN¥2.20 Billion
≈ $321.65 Million		 +5.70%
2008-12-31 CN¥2.08 Billion
≈ $304.29 Million		 -15.69%
2007-12-31 CN¥2.47 Billion
≈ $360.94 Million		 +7.50%
2006-12-31 CN¥2.29 Billion
≈ $335.74 Million		 +2.30%
2005-12-31 CN¥2.24 Billion
≈ $328.18 Million		 +0.29%
2004-12-31 CN¥2.24 Billion
≈ $327.25 Million		 +9.69%
2003-12-31 CN¥2.04 Billion
≈ $298.33 Million		 +20.33%
2002-12-31 CN¥1.69 Billion
≈ $247.92 Million		 +177.57%
2001-12-31 CN¥610.37 Million
≈ $89.32 Million		 +11.14%
2000-12-31 CN¥549.18 Million
≈ $80.36 Million		 -10.00%
1999-12-31 CN¥610.19 Million
≈ $89.29 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Bright Dairy & Food 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 3819.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥4.14 Billion 45.07%
Other Components CN¥5.04 Billion 54.93%
Total Equity CN¥9.18 Billion 100.00%

Bright Dairy & Food Co Ltd Competitors by Market Cap

The table below lists competitors of Bright Dairy & Food Co Ltd ranked by their market capitalization.

Company Market Cap
Cibus Nordic Real Estate AB (publ)
ST:CIBUS
 $1.30 Billion
Loma Negra Compania Industrial Argentina SA ADR
NYSE:LOMA
 $1.30 Billion
Universal Corporation
NYSE:UVV
 $1.30 Billion
Superior Plus Corp
TO:SPB
 $1.30 Billion
Home First Finance Company India Limited
NSE:HOMEFIRST
 $1.30 Billion
Ningbo Fuda Co Ltd
SHG:600724
 $1.30 Billion
Bank Pan Indonesia Tbk
JK:PNBN
 $1.30 Billion
OC Oerlikon Corp AG
SW:OERL
 $1.30 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bright Dairy & Food Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 9,474,894,106 to 9,182,432,212, a change of -292,461,894 (-3.1%).
  • Net loss of 149,213,522 reduced equity.
  • Dividend payments of 363,250,304 reduced retained earnings.
  • Other comprehensive income increased equity by 366,297,745.
  • Other factors decreased equity by 146,295,813.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-149.21 Million -1.62%
Dividends Paid CN¥363.25 Million -3.96%
Other Comprehensive Income CN¥366.30 Million +3.99%
Other Changes CN¥-146.30 Million -1.59%
Total Change CN¥- -3.09%

Book Value vs Market Value Analysis

This analysis compares Bright Dairy & Food 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: 0.97x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 11.20x to 0.97x 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¥0.57 CN¥6.44 x
2000-12-31 CN¥0.48 CN¥6.44 x
2001-12-31 CN¥0.52 CN¥6.44 x
2002-12-31 CN¥1.50 CN¥6.44 x
2003-12-31 CN¥1.77 CN¥6.44 x
2004-12-31 CN¥1.95 CN¥6.44 x
2005-12-31 CN¥2.01 CN¥6.44 x
2006-12-31 CN¥2.03 CN¥6.44 x
2007-12-31 CN¥2.24 CN¥6.44 x
2008-12-31 CN¥1.87 CN¥6.44 x
2009-12-31 CN¥2.06 CN¥6.44 x
2010-12-31 CN¥2.28 CN¥6.44 x
2011-12-31 CN¥2.37 CN¥6.44 x
2012-12-31 CN¥3.61 CN¥6.44 x
2013-12-31 CN¥3.48 CN¥6.44 x
2014-12-31 CN¥3.72 CN¥6.44 x
2015-12-31 CN¥3.69 CN¥6.44 x
2016-12-31 CN¥4.08 CN¥6.44 x
2017-12-31 CN¥4.32 CN¥6.44 x
2018-12-31 CN¥4.37 CN¥6.44 x
2019-12-31 CN¥4.67 CN¥6.44 x
2020-12-31 CN¥5.13 CN¥6.44 x
2021-12-31 CN¥6.37 CN¥6.44 x
2022-12-31 CN¥5.80 CN¥6.44 x
2023-12-31 CN¥6.46 CN¥6.44 x
2024-12-31 CN¥6.82 CN¥6.44 x
2025-12-31 CN¥6.66 CN¥6.44 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bright Dairy & Food 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): -1.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.62%
  • • Asset Turnover: 1.08x
  • • Equity Multiplier: 2.41x
  • Recent ROE (-1.62%) is below the historical average (9.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 12.73% 5.26% 1.36x 1.78x CN¥16.48 Million
2000 20.65% 4.57% 1.53x 2.95x CN¥53.76 Million
2001 29.96% 4.63% 1.92x 3.36x CN¥108.54 Million
2002 14.34% 4.51% 1.71x 1.86x CN¥68.45 Million
2003 15.18% 4.72% 1.73x 1.86x CN¥96.34 Million
2004 15.51% 4.69% 1.90x 1.74x CN¥112.95 Million
2005 10.00% 3.06% 1.88x 1.74x CN¥-93.72K
2006 7.39% 2.16% 1.92x 1.78x CN¥-56.67 Million
2007 8.92% 2.59% 1.97x 1.74x CN¥-25.65 Million
2008 -14.41% -3.89% 1.82x 2.03x CN¥-484.46 Million
2009 5.81% 1.54% 1.93x 1.96x CN¥-88.20 Million
2010 8.34% 2.03% 1.60x 2.56x CN¥-38.56 Million
2011 9.70% 2.02% 1.60x 3.01x CN¥-7.31 Million
2012 7.76% 2.26% 1.47x 2.33x CN¥-90.08 Million
2013 9.49% 2.49% 1.41x 2.70x CN¥-21.77 Million
2014 12.64% 2.76% 1.60x 2.86x CN¥119.24 Million
2015 9.22% 2.16% 1.25x 3.40x CN¥-35.53 Million
2016 11.28% 2.79% 1.26x 3.22x CN¥63.88 Million
2017 11.57% 2.81% 1.33x 3.09x CN¥84.03 Million
2018 6.40% 1.63% 1.17x 3.36x CN¥-191.94 Million
2019 8.72% 2.21% 1.28x 3.08x CN¥-73.39 Million
2020 9.68% 2.41% 1.24x 3.23x CN¥-20.08 Million
2021 7.54% 2.03% 1.25x 2.98x CN¥-193.73 Million
2022 4.51% 1.28% 1.15x 3.06x CN¥-439.26 Million
2023 10.84% 3.65% 1.09x 2.72x CN¥75.08 Million
2024 7.62% 2.97% 1.06x 2.42x CN¥-225.44 Million
2025 -1.62% -0.62% 1.08x 2.41x CN¥-1.07 Billion

Industry Comparison

This section compares Bright Dairy & Food Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,082,192,569
  • Average return on equity (ROE) among peers: 2.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bright Dairy & Food Co Ltd (600597) CN¥10.63 Billion 12.73% 1.02x $1.30 Billion
Shenzhen Shenbao Industrial Co Ltd (000019) $372.94 Million 1.53% 0.77x $992.25 Million
Hainan Pearl River Holdings Co Ltd (000505) $399.64 Million -9.56% 0.79x $515.34 Million
Xiwang Foodstuffs Co Ltd (000639) $135.06 Million 5.79% 0.97x $206.92 Million
Nanfang Black Sesame Group Co Ltd (000716) $199.49 Million -32.62% 2.81x $473.73 Million
CNFC Overseas Fishery Co Ltd (000798) $796.52 Million 0.36% 0.09x $400.45 Million
Henan Shuanghui Investment & Development Co Ltd (000895) $16.36 Billion 24.69% 0.34x $11.55 Billion
Xinjiang Chalkis Co Ltd (000972) $767.56 Million 1.47% 1.57x $388.25 Million
Zhengzhou Qianweiyangchu Food Co Ltd (001215) $405.77 Million 18.27% 1.07x $599.98 Million
Qingdao Foods Co Ltd (001219) $923.11 Million 9.90% 0.10x $351.80 Million
Shandong Oriental Ocean Sci-Tech Co Ltd (002086) $461.01 Million 8.31% 0.83x $507.38 Million

About Bright Dairy & Food Co Ltd

SHG:600597 China Packaged Foods
Market Cap
$1.30 Billion
CN¥8.88 Billion CNY
Market Cap Rank
#7952 Global
#1903 in China
Share Price
CN¥6.44
Change (1 day)
-2.13%
52-Week Range
CN¥6.44 - CN¥8.87
All Time High
CN¥21.23
Categories
Companies in China Packaged Foods
About

Bright Dairy & Food Co.,Ltd engages in the development, production, and sale of dairy products, breeding and cultivation of dairy cows, and logistics and distribution activities in China and internationally. It offers fresh milk and yogurt, UHT milk and yogurt, lactic acid bacteria drinks, frozen desserts, cheese, butter, and other products, as well as milk powder for infants, and middle-aged and… Read more