Sichuan Swellfun Co Ltd (600779) - Net Assets
Based on the latest financial reports, Sichuan Swellfun Co Ltd (600779) has net assets worth CN¥5.03 Billion CNY (≈ $736.58 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¥8.29 Billion ≈ $1.21 Billion USD) and total liabilities (CN¥3.25 Billion ≈ $476.05 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 600779 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.03 Billion |
| % of Total Assets | 60.74% |
| Annual Growth Rate | 13.59% |
| 5-Year Change | 142.87% |
| 10-Year Change | 304.86% |
| Growth Volatility | 26.03 |
Sichuan Swellfun Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Sichuan Swellfun Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sichuan Swellfun Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Sichuan Swellfun Co Ltd (1993–2024)
The table below shows the annual net assets of Sichuan Swellfun Co Ltd from 1993 to 2024. For live valuation and market cap data, see 600779 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.19 Billion ≈ $759.13 Million |
+18.06% |
| 2023-12-31 | CN¥4.39 Billion ≈ $643.03 Million |
+27.06% |
| 2022-12-31 | CN¥3.46 Billion ≈ $506.08 Million |
+31.42% |
| 2021-12-31 | CN¥2.63 Billion ≈ $385.10 Million |
+23.21% |
| 2020-12-31 | CN¥2.14 Billion ≈ $312.56 Million |
+1.14% |
| 2019-12-31 | CN¥2.11 Billion ≈ $309.05 Million |
+13.74% |
| 2018-12-31 | CN¥1.86 Billion ≈ $271.71 Million |
+17.50% |
| 2017-12-31 | CN¥1.58 Billion ≈ $231.24 Million |
+7.54% |
| 2016-12-31 | CN¥1.47 Billion ≈ $215.04 Million |
+14.68% |
| 2015-12-31 | CN¥1.28 Billion ≈ $187.51 Million |
+6.26% |
| 2014-12-31 | CN¥1.21 Billion ≈ $176.47 Million |
-25.11% |
| 2013-12-31 | CN¥1.61 Billion ≈ $235.62 Million |
-15.09% |
| 2012-12-31 | CN¥1.90 Billion ≈ $277.49 Million |
+13.58% |
| 2011-12-31 | CN¥1.67 Billion ≈ $244.31 Million |
+14.17% |
| 2010-12-31 | CN¥1.46 Billion ≈ $213.99 Million |
-2.79% |
| 2009-12-31 | CN¥1.50 Billion ≈ $220.13 Million |
+4.15% |
| 2008-12-31 | CN¥1.44 Billion ≈ $211.36 Million |
+10.06% |
| 2007-12-31 | CN¥1.31 Billion ≈ $192.05 Million |
+12.13% |
| 2006-12-31 | CN¥1.17 Billion ≈ $171.27 Million |
+3.55% |
| 2005-12-31 | CN¥1.13 Billion ≈ $165.40 Million |
+2.64% |
| 2004-12-31 | CN¥1.10 Billion ≈ $161.15 Million |
-4.31% |
| 2003-12-31 | CN¥1.15 Billion ≈ $168.41 Million |
-13.10% |
| 2002-12-31 | CN¥1.32 Billion ≈ $193.79 Million |
+1.18% |
| 2001-12-31 | CN¥1.31 Billion ≈ $191.52 Million |
+70.07% |
| 2000-12-31 | CN¥769.61 Million ≈ $112.62 Million |
+40.27% |
| 1999-12-31 | CN¥548.68 Million ≈ $80.29 Million |
+65.98% |
| 1998-12-31 | CN¥330.57 Million ≈ $48.37 Million |
+11.36% |
| 1997-12-31 | CN¥296.85 Million ≈ $43.44 Million |
+4.48% |
| 1996-12-31 | CN¥284.11 Million ≈ $41.57 Million |
+110.59% |
| 1995-12-31 | CN¥134.91 Million ≈ $19.74 Million |
+21.96% |
| 1994-12-31 | CN¥110.62 Million ≈ $16.19 Million |
+10.65% |
| 1993-12-31 | CN¥99.97 Million ≈ $14.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sichuan Swellfun 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 411295237000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.11 Billion | 79.28% |
| Common Stock | CN¥487.50 Million | 9.40% |
| Other Components | CN¥587.30 Million | 11.32% |
| Total Equity | CN¥5.19 Billion | 100.00% |
Sichuan Swellfun Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Swellfun Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dermapharm Holding SE
XETRA:DMP
|
$2.32 Billion |
|
Aisino Corp
SHG:600271
|
$2.32 Billion |
|
Redefine Properties Ltd
JSE:RDF
|
$2.32 Billion |
|
Guodian Nanjing Automation Co Ltd
SHG:600268
|
$2.32 Billion |
|
XiAn Shaangu Power Co Ltd
SHG:601369
|
$2.32 Billion |
|
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
|
$2.32 Billion |
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
$2.32 Billion |
|
Teekay Tankers Ltd
NYSE:TNK
|
$2.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Swellfun Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,394,354,606 to 5,187,758,662, a change of 793,404,056 (18.1%).
- Net income of 1,341,028,982 contributed positively to equity growth.
- Dividend payments of 338,640,095 reduced retained earnings.
- Share repurchases of 115,111,917 reduced equity.
- Other factors decreased equity by 93,872,914.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.34 Billion | +25.85% |
| Dividends Paid | CN¥338.64 Million | -6.53% |
| Share Repurchases | CN¥115.11 Million | -2.22% |
| Other Changes | CN¥-93.87 Million | -1.81% |
| Total Change | CN¥- | 18.06% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Swellfun 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: 3.04x
- 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 160.59x to 3.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.20 | CN¥32.49 | x |
| 1994-12-31 | CN¥0.22 | CN¥32.49 | x |
| 1995-12-31 | CN¥0.27 | CN¥32.49 | x |
| 1996-12-31 | CN¥0.57 | CN¥32.49 | x |
| 1997-12-31 | CN¥0.60 | CN¥32.49 | x |
| 1998-12-31 | CN¥0.67 | CN¥32.49 | x |
| 1999-12-31 | CN¥1.11 | CN¥32.49 | x |
| 2000-12-31 | CN¥1.37 | CN¥32.49 | x |
| 2001-12-31 | CN¥2.46 | CN¥32.49 | x |
| 2002-12-31 | CN¥2.39 | CN¥32.49 | x |
| 2003-12-31 | CN¥2.05 | CN¥32.49 | x |
| 2004-12-31 | CN¥2.22 | CN¥32.49 | x |
| 2005-12-31 | CN¥2.28 | CN¥32.49 | x |
| 2006-12-31 | CN¥2.39 | CN¥32.49 | x |
| 2007-12-31 | CN¥2.65 | CN¥32.49 | x |
| 2008-12-31 | CN¥2.92 | CN¥32.49 | x |
| 2009-12-31 | CN¥3.07 | CN¥32.49 | x |
| 2010-12-31 | CN¥2.97 | CN¥32.49 | x |
| 2011-12-31 | CN¥3.41 | CN¥32.49 | x |
| 2012-12-31 | CN¥3.87 | CN¥32.49 | x |
| 2013-12-31 | CN¥3.22 | CN¥32.49 | x |
| 2014-12-31 | CN¥2.47 | CN¥32.49 | x |
| 2015-12-31 | CN¥2.62 | CN¥32.49 | x |
| 2016-12-31 | CN¥3.01 | CN¥32.49 | x |
| 2017-12-31 | CN¥3.23 | CN¥32.49 | x |
| 2018-12-31 | CN¥3.80 | CN¥32.49 | x |
| 2019-12-31 | CN¥4.32 | CN¥32.49 | x |
| 2020-12-31 | CN¥4.37 | CN¥32.49 | x |
| 2021-12-31 | CN¥5.40 | CN¥32.49 | x |
| 2022-12-31 | CN¥7.10 | CN¥32.49 | x |
| 2023-12-31 | CN¥9.02 | CN¥32.49 | x |
| 2024-12-31 | CN¥10.68 | CN¥32.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Swellfun 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): 25.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.71%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.77x
- Recent ROE (25.85%) is above the historical average (15.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 3.00% | 1.44% | 0.95x | 2.18x | CN¥-7.00 Million |
| 1994 | 17.53% | 7.28% | 0.81x | 2.97x | CN¥8.33 Million |
| 1995 | 15.97% | 5.53% | 1.12x | 2.58x | CN¥7.89 Million |
| 1996 | 10.19% | 9.23% | 0.58x | 1.90x | CN¥532.54K |
| 1997 | 10.15% | 9.87% | 0.49x | 2.11x | CN¥453.23K |
| 1998 | 10.75% | 11.20% | 0.47x | 2.05x | CN¥2.47 Million |
| 1999 | 40.19% | 18.67% | 0.84x | 2.55x | CN¥165.66 Million |
| 2000 | 25.98% | 13.75% | 0.76x | 2.48x | CN¥108.34 Million |
| 2001 | 12.94% | 13.73% | 0.46x | 2.04x | CN¥35.69 Million |
| 2002 | 1.30% | 1.46% | 0.42x | 2.10x | CN¥-102.91 Million |
| 2003 | -17.45% | -19.25% | 0.40x | 2.27x | CN¥-278.25 Million |
| 2004 | 6.42% | 8.87% | 0.50x | 1.45x | CN¥-39.22 Million |
| 2005 | 6.91% | 12.88% | 0.35x | 1.53x | CN¥-34.71 Million |
| 2006 | 8.77% | 12.64% | 0.43x | 1.63x | CN¥-14.28 Million |
| 2007 | 15.45% | 20.04% | 0.44x | 1.74x | CN¥70.96 Million |
| 2008 | 21.90% | 26.61% | 0.47x | 1.75x | CN¥170.47 Million |
| 2009 | 21.46% | 19.15% | 0.60x | 1.87x | CN¥171.21 Million |
| 2010 | 16.14% | 14.03% | 0.78x | 1.47x | CN¥89.56 Million |
| 2011 | 19.25% | 23.83% | 0.53x | 1.52x | CN¥153.98 Million |
| 2012 | 17.87% | 20.64% | 0.62x | 1.40x | CN¥148.70 Million |
| 2013 | -9.62% | -31.62% | 0.24x | 1.28x | CN¥-313.19 Million |
| 2014 | -33.40% | -110.40% | 0.22x | 1.35x | CN¥-523.40 Million |
| 2015 | 6.87% | 10.29% | 0.48x | 1.40x | CN¥-40.16 Million |
| 2016 | 15.30% | 19.11% | 0.53x | 1.50x | CN¥77.84 Million |
| 2017 | 21.23% | 16.38% | 0.73x | 1.76x | CN¥177.46 Million |
| 2018 | 31.21% | 20.55% | 0.88x | 1.72x | CN¥393.77 Million |
| 2019 | 39.12% | 23.35% | 0.90x | 1.87x | CN¥615.08 Million |
| 2020 | 34.24% | 24.33% | 0.69x | 2.04x | CN¥517.73 Million |
| 2021 | 45.56% | 25.89% | 0.79x | 2.24x | CN¥935.91 Million |
| 2022 | 35.16% | 26.02% | 0.66x | 2.04x | CN¥870.00 Million |
| 2023 | 28.87% | 25.62% | 0.59x | 1.92x | CN¥829.36 Million |
| 2024 | 25.85% | 25.71% | 0.57x | 1.77x | CN¥822.25 Million |
Industry Comparison
This section compares Sichuan Swellfun Co Ltd's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $933,693,824
- Average return on equity (ROE) among peers: 15.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Swellfun Co Ltd (600779) | CN¥5.03 Billion | 3.00% | 0.65x | $2.32 Billion |
| Beijing Yanjing Brewery Co Ltd (000729) | $139.88 Million | 85.29% | 4.25x | $5.53 Billion |
| Tibet Galaxy Science & Technology Development Co Ltd (000752) | $848.78 Million | 3.35% | 0.37x | $371.68 Million |
| Lanzhou Huanghe Enterprise Co Ltd (000929) | $343.58 Million | -4.55% | 1.38x | $275.91 Million |
| Gansu Huangtai Wine-marketing Industry Co. Ltd. (000995) | $153.18 Million | 18.08% | 2.20x | $354.62 Million |
| Guangzhou Zhujiang Brewery Co Ltd (002461) | $2.75 Billion | 2.18% | 0.76x | $3.38 Billion |
| Chongqing Brewery Co Ltd (600132) | $544.00 Million | 10.13% | 0.46x | $3.82 Billion |
| Hainan Yedao Group Co Ltd (600238) | $587.69 Million | 9.62% | 0.81x | $356.13 Million |
| FuJian YanJing HuiQuan Brewery Co Ltd (600573) | $1.17 Billion | 2.46% | 0.07x | $513.99 Million |
| Tsingtao Brewery Co Ltd (600600) | $1.87 Billion | 12.08% | 0.40x | $6.53 Billion |
About Sichuan Swellfun Co Ltd
Sichuan Swellfun Co.,Ltd produces and sells liquor and wine. The company offers products, such as First Fang, Shuijingfang Yuanmingqing, Shuijingfang Jingcui, Shuijingfang Diancang, Shuijingfang Jingtai, Shuijingfang Zhenniang No. 8, Shuijingfang Jingtai Zhencang, Shuijingfang Hongyun, Shuijingfang Meilan Zhuju, Xiaoshuijing, Tianhao Chen, and Shuijing Fu. It is also involved in manufacturing of … Read more