Shanghai Jinfeng Wine Co Ltd

SHG:600616 China Beverages - Wineries & Distilleries
Market Cap
$489.63 Million
CN¥3.59 Billion CNY
Market Cap Rank
#10390 Global
#2306 in China
Share Price
CN¥5.37
Change (1 day)
+0.00%
52-Week Range
CN¥5.00 - CN¥6.90
All Time High
CN¥12.45
About

Shanghai Jinfeng Wine Company Limited produces and sells rice wine products in China. The company was founded in 1992 and is headquartered in Shanghai, China.

Shanghai Jinfeng Wine Co Ltd (600616) - Net Assets

Latest net assets as of September 2025: CN¥1.91 Billion CNY

Based on the latest financial reports, Shanghai Jinfeng Wine Co Ltd (600616) has net assets worth CN¥1.91 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¥2.14 Billion) and total liabilities (CN¥236.92 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¥1.91 Billion
% of Total Assets 88.94%
Annual Growth Rate 10.04%
5-Year Change N/A
10-Year Change -1.13%
Growth Volatility 19.96

Shanghai Jinfeng Wine Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Shanghai Jinfeng Wine 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 Shanghai Jinfeng Wine Co Ltd (1992–2024)

The table below shows the annual net assets of Shanghai Jinfeng Wine Co Ltd from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.95 Billion -1.49%
2023-12-31 CN¥1.98 Billion +4.47%
2022-12-31 CN¥1.89 Billion -0.94%
2021-12-31 CN¥1.91 Billion -1.91%
2020-12-31 CN¥1.95 Billion +0.14%
2019-12-31 CN¥1.95 Billion +1.17%
2018-12-31 CN¥1.92 Billion -4.85%
2017-12-31 CN¥2.02 Billion +1.14%
2016-12-31 CN¥2.00 Billion +1.41%
2015-12-31 CN¥1.97 Billion +2.32%
2014-12-31 CN¥1.93 Billion +45.36%
2013-12-31 CN¥1.33 Billion +5.64%
2012-12-31 CN¥1.25 Billion +6.06%
2011-12-31 CN¥1.18 Billion +7.04%
2010-12-31 CN¥1.11 Billion +13.49%
2009-12-31 CN¥974.00 Million +7.32%
2008-12-31 CN¥907.59 Million -24.80%
2007-12-31 CN¥1.21 Billion +14.07%
2006-12-31 CN¥1.06 Billion +19.95%
2005-12-31 CN¥882.06 Million +20.82%
2004-12-31 CN¥730.03 Million +24.71%
2003-12-31 CN¥585.39 Million +28.95%
2002-12-31 CN¥453.98 Million +46.18%
2001-12-31 CN¥310.55 Million -3.62%
2000-12-31 CN¥322.22 Million +82.83%
1999-12-31 CN¥176.24 Million +5.02%
1998-12-31 CN¥167.81 Million +3.81%
1997-12-31 CN¥161.65 Million +2.16%
1996-12-31 CN¥158.23 Million +9.11%
1995-12-31 CN¥145.02 Million -0.88%
1994-12-31 CN¥146.31 Million +8.47%
1993-12-31 CN¥134.88 Million +47.71%
1992-12-31 CN¥91.31 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Jinfeng Wine 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 85070308200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥848.59 Million 43.18%
Common Stock CN¥669.00 Million 34.04%
Other Comprehensive Income CN¥88.07 Million 4.48%
Other Components CN¥359.58 Million 18.30%
Total Equity CN¥1.97 Billion 100.00%

Shanghai Jinfeng Wine Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Jinfeng Wine Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Jinfeng Wine Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,993,577,000 to 1,965,246,000, a change of -28,331,000 (-1.4%).
  • Net income of 5,761,390 contributed positively to equity growth.
  • Dividend payments of 35,096,000 reduced retained earnings.
  • Other comprehensive income increased equity by 91,541,993.
  • Other factors decreased equity by 90,538,383.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥5.76 Million +0.29%
Dividends Paid CN¥35.10 Million -1.79%
Other Comprehensive Income CN¥91.54 Million +4.66%
Other Changes CN¥-90.54 Million -4.61%
Total Change CN¥- -1.42%

Book Value vs Market Value Analysis

This analysis compares Shanghai Jinfeng Wine 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: 1.57x
  • 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 25.96x to 1.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-12-31 CN¥0.21 CN¥5.37 x
1993-12-31 CN¥0.31 CN¥5.37 x
1994-12-31 CN¥0.33 CN¥5.37 x
1995-12-31 CN¥0.33 CN¥5.37 x
1996-12-31 CN¥0.36 CN¥5.37 x
1997-12-31 CN¥0.37 CN¥5.37 x
1998-12-31 CN¥0.37 CN¥5.37 x
1999-12-31 CN¥0.40 CN¥5.37 x
2000-12-31 CN¥0.73 CN¥5.37 x
2001-12-31 CN¥0.70 CN¥5.37 x
2002-12-31 CN¥0.77 CN¥5.37 x
2003-12-31 CN¥0.89 CN¥5.37 x
2004-12-31 CN¥1.14 CN¥5.37 x
2005-12-31 CN¥1.39 CN¥5.37 x
2006-12-31 CN¥1.27 CN¥5.37 x
2007-12-31 CN¥1.63 CN¥5.37 x
2008-12-31 CN¥1.59 CN¥5.37 x
2009-12-31 CN¥1.70 CN¥5.37 x
2010-12-31 CN¥1.92 CN¥5.37 x
2011-12-31 CN¥2.05 CN¥5.37 x
2012-12-31 CN¥2.19 CN¥5.37 x
2013-12-31 CN¥2.35 CN¥5.37 x
2014-12-31 CN¥2.88 CN¥5.37 x
2015-12-31 CN¥2.91 CN¥5.37 x
2016-12-31 CN¥2.97 CN¥5.37 x
2017-12-31 CN¥3.11 CN¥5.37 x
2018-12-31 CN¥2.81 CN¥5.37 x
2019-12-31 CN¥2.93 CN¥5.37 x
2020-12-31 CN¥2.92 CN¥5.37 x
2021-12-31 CN¥2.88 CN¥5.37 x
2022-12-31 CN¥2.85 CN¥5.37 x
2023-12-31 CN¥3.05 CN¥5.37 x
2024-12-31 CN¥3.41 CN¥5.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Jinfeng Wine 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): 0.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.00%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.15x
  • Recent ROE (0.29%) is below the historical average (9.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 9.51% 4.90% 1.47x 1.32x CN¥-654.40K
1994 11.86% 5.59% 1.49x 1.43x CN¥2.72 Million
1995 11.77% 4.33% 1.34x 2.03x CN¥2.57 Million
1996 8.15% 3.28% 1.22x 2.05x CN¥-2.92 Million
1997 10.38% 4.32% 1.27x 1.89x CN¥614.30K
1998 10.25% 3.39% 1.76x 1.71x CN¥404.80K
1999 10.18% 3.87% 1.51x 1.74x CN¥311.80K
2000 5.90% 3.20% 1.16x 1.59x CN¥-13.20 Million
2001 8.78% 4.63% 1.07x 1.77x CN¥-3.79 Million
2002 9.31% 3.00% 0.78x 3.99x CN¥-2.36 Million
2003 19.56% 2.41% 1.69x 4.82x CN¥37.39 Million
2004 22.46% 3.08% 1.67x 4.37x CN¥62.82 Million
2005 27.78% 4.05% 1.70x 4.03x CN¥108.89 Million
2006 20.22% 3.14% 1.83x 3.51x CN¥74.38 Million
2007 19.22% 3.35% 1.79x 3.20x CN¥86.40 Million
2008 23.02% 4.46% 3.85x 1.34x CN¥117.43 Million
2009 14.97% 15.43% 0.83x 1.17x CN¥48.37 Million
2010 11.89% 13.43% 0.70x 1.26x CN¥20.85 Million
2011 11.99% 13.52% 0.71x 1.25x CN¥23.44 Million
2012 8.27% 10.86% 0.58x 1.32x CN¥-21.62 Million
2013 8.84% 11.39% 0.64x 1.20x CN¥-15.33 Million
2014 3.74% 7.58% 0.43x 1.16x CN¥-119.19 Million
2015 3.96% 7.27% 0.43x 1.26x CN¥-118.15 Million
2016 3.37% 6.26% 0.44x 1.22x CN¥-132.59 Million
2017 2.72% 5.59% 0.41x 1.17x CN¥-147.64 Million
2018 -3.56% -7.67% 0.39x 1.18x CN¥-262.25 Million
2019 1.50% 3.12% 0.40x 1.19x CN¥-166.44 Million
2020 0.63% 2.01% 0.27x 1.16x CN¥-183.41 Million
2021 -0.67% -1.98% 0.29x 1.18x CN¥-205.19 Million
2022 0.27% 0.78% 0.29x 1.18x CN¥-185.70 Million
2023 5.24% 18.25% 0.25x 1.17x CN¥-94.82 Million
2024 0.29% 1.00% 0.26x 1.15x CN¥-190.76 Million

Industry Comparison

This section compares Shanghai Jinfeng Wine 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: $5,026,533,179
  • Average return on equity (ROE) among peers: 20.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Jinfeng Wine Co Ltd (600616) CN¥1.91 Billion 9.51% 0.12x $489.63 Million
Luzhou Lao Jiao Co Ltd (000568) $818.25 Million 38.95% 0.65x $10.68 Billion
Anhui Gujing Distillery Co Ltd (000596) $1.05 Billion 14.21% 0.47x $4.00 Billion
Jiugui Liquor Co Ltd (000799) $1.68 Billion -5.79% 0.25x $1.48 Billion
Wuliangye Yibin Co Ltd (000858) $37.02 Billion 21.54% 0.19x $24.84 Billion
Beijing Shunxin Agriculture Co Ltd (000860) $856.51 Million 5.98% 0.19x $880.58 Million
Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) $720.80 Million 51.99% 1.04x $3.61 Billion
Shanghai Bairun Flavor & Fragrance Co Ltd (002568) $649.02 Million 44.20% 0.03x $1.25 Billion
Qinghai Huzhu Barley Wine Co Ltd (002646) $2.74 Billion 2.77% 0.17x $326.70 Million
Yantai Changyu Pioneer Wine (200869) $1.25 Billion 10.18% 0.29x $318.55 Million
Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) $3.48 Billion 19.41% 0.96x $223.23 Million