Xinjiang Baihuacun Co Ltd (600721) - Net Assets

Latest as of September 2025: CN¥793.82 Million CNY ≈ $116.16 Million USD

Based on the latest financial reports, Xinjiang Baihuacun Co Ltd (600721) has net assets worth CN¥793.82 Million CNY (≈ $116.16 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¥1.12 Billion ≈ $163.99 Million USD) and total liabilities (CN¥326.82 Million ≈ $47.82 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 600721 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥793.82 Million
% of Total Assets	70.84%
Annual Growth Rate	11.51%
5-Year Change	21.54%
10-Year Change	66.68%
Growth Volatility	319.95

Xinjiang Baihuacun Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Xinjiang Baihuacun Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Xinjiang Baihuacun Co Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Xinjiang Baihuacun Co Ltd (1994–2024)

The table below shows the annual net assets of Xinjiang Baihuacun Co Ltd from 1994 to 2024. For live valuation and market cap data, see 600721 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥758.58 Million ≈ $111.00 Million	+7.35%
2023-12-31	CN¥706.62 Million ≈ $103.40 Million	+5.94%
2022-12-31	CN¥667.02 Million ≈ $97.61 Million	-2.80%
2021-12-31	CN¥686.25 Million ≈ $100.42 Million	+9.95%
2020-12-31	CN¥624.16 Million ≈ $91.33 Million	-34.62%
2019-12-31	CN¥954.70 Million ≈ $139.70 Million	+3.82%
2018-12-31	CN¥919.58 Million ≈ $134.56 Million	-46.94%
2017-12-31	CN¥1.73 Billion ≈ $253.60 Million	-24.60%
2016-12-31	CN¥2.30 Billion ≈ $336.33 Million	+405.03%
2015-12-31	CN¥455.10 Million ≈ $66.60 Million	-54.37%
2014-12-31	CN¥997.28 Million ≈ $145.93 Million	-26.24%
2013-12-31	CN¥1.35 Billion ≈ $197.86 Million	+22.44%
2012-12-31	CN¥1.10 Billion ≈ $161.59 Million	+0.59%
2011-12-31	CN¥1.10 Billion ≈ $160.64 Million	+4.65%
2010-12-31	CN¥1.05 Billion ≈ $153.51 Million	+190.10%
2009-12-31	CN¥361.61 Million ≈ $52.92 Million	+5.03%
2008-12-31	CN¥344.28 Million ≈ $50.38 Million	+2.04%
2007-12-31	CN¥337.41 Million ≈ $49.37 Million	+1632.46%
2006-12-31	CN¥19.48 Million ≈ $2.85 Million	+652.72%
2005-12-31	CN¥2.59 Million ≈ $378.62K	-98.82%
2004-12-31	CN¥218.65 Million ≈ $32.00 Million	-4.90%
2003-12-31	CN¥229.91 Million ≈ $33.64 Million	+28.61%
2002-12-31	CN¥178.77 Million ≈ $26.16 Million	+45.72%
2001-12-31	CN¥122.68 Million ≈ $17.95 Million	-5.93%
2000-12-31	CN¥130.41 Million ≈ $19.08 Million	-41.13%
1999-12-31	CN¥221.52 Million ≈ $32.41 Million	-18.93%
1998-12-31	CN¥273.24 Million ≈ $39.98 Million	+34.19%
1997-12-31	CN¥203.63 Million ≈ $29.80 Million	+4.31%
1996-12-31	CN¥195.21 Million ≈ $28.57 Million	+220.96%
1995-12-31	CN¥60.82 Million ≈ $8.90 Million	+110.42%
1994-12-31	CN¥28.91 Million ≈ $4.23 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Xinjiang Baihuacun 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 decreased by 190350774000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥384.03 Million	50.63%
Other Comprehensive Income	CN¥74.26 Million	9.79%
Other Components	CN¥2.20 Billion	290.52%
Total Equity	CN¥758.58 Million	100.00%

Xinjiang Baihuacun Co Ltd Competitors by Market Cap

The table below lists competitors of Xinjiang Baihuacun Co Ltd ranked by their market capitalization.

Company	Market Cap
Spin Master Corp TO:TOY	$474.38 Million
ADC Therapeutics SA NYSE:ADCT	$474.45 Million
Hunan Creator Information Technologies Co Ltd Class A SHE:300730	$474.60 Million
Xinjiang Sayram Modern Agriculture Co Ltd SHG:600540	$474.71 Million
Wilson Bayly Holmes Ovcon Ltd JSE:WBO	$474.21 Million
Teladan Prima Agro PT Tbk JK:TLDN	$474.13 Million
Miwon Commerci KO:002840	$473.99 Million
Tat Techno NASDAQ:TATT	$473.86 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 706,615,374 to 758,581,718, a change of 51,966,344 (7.4%).
Net income of 41,479,043 contributed positively to equity growth.
Other comprehensive income decreased equity by 1,165,849.
Other factors increased equity by 11,653,150.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥41.48 Million	+5.47%
Other Comprehensive Income	CN¥-1.17 Million	-0.15%
Other Changes	CN¥11.65 Million	+1.54%
Total Change	CN¥-	7.35%

Book Value vs Market Value Analysis

This analysis compares Xinjiang Baihuacun 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: 4.26x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 37.46x to 4.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-12-31	CN¥0.23	CN¥8.43	x
1995-12-31	CN¥0.53	CN¥8.43	x
1996-12-31	CN¥1.91	CN¥8.43	x
1997-12-31	CN¥2.07	CN¥8.43	x
1998-12-31	CN¥2.77	CN¥8.43	x
1999-12-31	CN¥2.26	CN¥8.43	x
2000-12-31	CN¥1.34	CN¥8.43	x
2001-12-31	CN¥1.26	CN¥8.43	x
2002-12-31	CN¥1.30	CN¥8.43	x
2003-12-31	CN¥1.49	CN¥8.43	x
2004-12-31	CN¥1.52	CN¥8.43	x
2005-12-31	CN¥0.05	CN¥8.43	x
2006-12-31	CN¥0.16	CN¥8.43	x
2007-12-31	CN¥2.63	CN¥8.43	x
2008-12-31	CN¥1.80	CN¥8.43	x
2009-12-31	CN¥1.92	CN¥8.43	x
2010-12-31	CN¥5.27	CN¥8.43	x
2011-12-31	CN¥3.44	CN¥8.43	x
2012-12-31	CN¥3.50	CN¥8.43	x
2013-12-31	CN¥3.64	CN¥8.43	x
2014-12-31	CN¥2.97	CN¥8.43	x
2015-12-31	CN¥1.33	CN¥8.43	x
2016-12-31	CN¥8.11	CN¥8.43	x
2017-12-31	CN¥4.30	CN¥8.43	x
2018-12-31	CN¥2.28	CN¥8.43	x
2019-12-31	CN¥2.39	CN¥8.43	x
2020-12-31	CN¥1.59	CN¥8.43	x
2021-12-31	CN¥1.82	CN¥8.43	x
2022-12-31	CN¥1.78	CN¥8.43	x
2023-12-31	CN¥1.86	CN¥8.43	x
2024-12-31	CN¥1.98	CN¥8.43	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinjiang Baihuacun 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): 5.47%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.75%
• Asset Turnover: 0.35x
• Equity Multiplier: 1.47x
Recent ROE (5.47%) is above the historical average (-93.01%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	32.79%	8.05%	0.84x	4.84x	CN¥4.86 Million
1995	25.31%	9.08%	0.77x	3.61x	CN¥7.65 Million
1996	10.09%	8.48%	0.46x	2.57x	CN¥160.52K
1997	7.64%	10.28%	0.37x	2.02x	CN¥-4.63 Million
1998	-7.60%	-17.40%	0.24x	1.82x	CN¥-46.28 Million
1999	-18.61%	-37.21%	0.25x	2.00x	CN¥-61.24 Million
2000	-68.72%	-94.14%	0.27x	2.73x	CN¥-99.88 Million
2001	3.94%	12.04%	0.12x	2.62x	CN¥-7.25 Million
2002	2.80%	1.52%	0.38x	4.77x	CN¥-8.86 Million
2003	11.58%	4.82%	0.45x	5.32x	CN¥2.24 Million
2004	-6.18%	-7.47%	0.20x	4.06x	CN¥-23.34 Million
2005	-2604.88%	-262.30%	0.16x	62.46x	CN¥-121.58 Million
2006	7.75%	2.43%	0.20x	15.69x	CN¥-371.70K
2007	2.26%	14.99%	0.05x	2.98x	CN¥-19.27 Million
2008	2.62%	17.15%	0.05x	3.18x	CN¥-18.87 Million
2009	6.26%	26.80%	0.07x	3.51x	CN¥-10.21 Million
2010	4.78%	5.89%	0.17x	4.75x	CN¥-44.74 Million
2011	8.18%	6.24%	0.27x	4.77x	CN¥-16.83 Million
2012	2.17%	1.83%	0.25x	4.69x	CN¥-73.69 Million
2013	0.31%	0.25%	0.27x	4.55x	CN¥-94.61 Million
2014	-31.61%	-21.07%	0.27x	5.64x	CN¥-307.54 Million
2015	-121.78%	-50.20%	0.20x	12.19x	CN¥-439.32 Million
2016	6.09%	18.69%	0.27x	1.22x	CN¥-89.43 Million
2017	-32.77%	-134.47%	0.21x	1.18x	CN¥-736.27 Million
2018	-88.42%	-192.72%	0.34x	1.37x	CN¥-899.23 Million
2019	3.60%	13.12%	0.20x	1.35x	CN¥-61.08 Million
2020	-51.64%	-378.28%	0.09x	1.57x	CN¥-381.69 Million
2021	8.78%	21.26%	0.29x	1.44x	CN¥-8.30 Million
2022	-5.21%	-9.93%	0.35x	1.50x	CN¥-101.43 Million
2023	1.84%	3.51%	0.35x	1.50x	CN¥-57.69 Million
2024	5.47%	10.75%	0.35x	1.47x	CN¥-34.38 Million

Industry Comparison

This section compares Xinjiang Baihuacun Co Ltd's net assets metrics with peer companies in the Restaurants industry.

Industry Context

Industry: Restaurants
Average net assets among peers: $1,577,201,283
Average return on equity (ROE) among peers: -19.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Xinjiang Baihuacun Co Ltd (600721)	CN¥793.82 Million	32.79%	0.41x	$474.37 Million
XiAn Catering Co Ltd (000721)	$706.92 Million	1.56%	0.51x	$637.42 Million
China Quanjude Group Co Ltd (002186)	$869.59 Million	3.92%	0.72x	$480.11 Million
Cloud Live Technology Group Co Ltd (002306)	$602.19 Million	-93.72%	1.79x	$304.18 Million
Guangzhou Restaurants Group Co (603043)	$4.13 Billion	11.96%	0.57x	$1.29 Billion

About Xinjiang Baihuacun Co Ltd

SHG:600721 China Restaurants

Market Cap

$474.37 Million

CN¥3.24 Billion CNY

Market Cap Rank

#12796 Global

#4003 in China

Share Price

CN¥8.43

Change (1 day)

-1.06%

52-Week Range

CN¥7.01 - CN¥12.24

All Time High

CN¥20.70