Hunan New Wellful Co Ltd

SHG:600975 China Farm Products
Market Cap
$982.73 Million
CN¥7.21 Billion CNY
Market Cap Rank
#9334 Global
#1903 in China
Share Price
CN¥5.77
Change (1 day)
-1.20%
52-Week Range
CN¥5.61 - CN¥7.03
All Time High
CN¥15.57
About

Hunan New Wellful Co.,Ltd. primarily engages in the breeding and supplying of pigs. It also provides pig breeding; pig slaughtering and meat processing; and feed production, as well as sales of breeding pigs, piglets, and commercial pigs. The company was founded in 2001 and is headquartered in Changsha, China.

Hunan New Wellful Co Ltd (600975) - Net Assets

Latest net assets as of September 2025: CN¥3.20 Billion CNY

Based on the latest financial reports, Hunan New Wellful Co Ltd (600975) has net assets worth CN¥3.20 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¥11.94 Billion) and total liabilities (CN¥8.74 Billion). 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¥3.20 Billion
% of Total Assets 26.78%
Annual Growth Rate 15.09%
5-Year Change 114.07%
10-Year Change 184.37%
Growth Volatility 41.52

Hunan New Wellful Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Hunan New Wellful 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 Hunan New Wellful Co Ltd (2001–2024)

The table below shows the annual net assets of Hunan New Wellful Co Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.21 Billion +1.51%
2023-12-31 CN¥3.17 Billion +8.91%
2022-12-31 CN¥2.91 Billion +30.29%
2021-12-31 CN¥2.23 Billion +48.62%
2020-12-31 CN¥1.50 Billion +22.08%
2019-12-31 CN¥1.23 Billion +5.84%
2018-12-31 CN¥1.16 Billion -8.50%
2017-12-31 CN¥1.27 Billion -2.15%
2016-12-31 CN¥1.30 Billion +14.82%
2015-12-31 CN¥1.13 Billion +87.69%
2014-12-31 CN¥602.03 Million -3.19%
2013-12-31 CN¥621.86 Million +1.63%
2012-12-31 CN¥611.86 Million +13.40%
2011-12-31 CN¥539.57 Million +15.42%
2010-12-31 CN¥467.48 Million -2.63%
2009-12-31 CN¥480.09 Million +7.95%
2008-12-31 CN¥444.75 Million -5.90%
2007-12-31 CN¥472.61 Million +1.63%
2006-12-31 CN¥465.01 Million -2.69%
2005-12-31 CN¥477.87 Million +4.60%
2004-12-31 CN¥456.88 Million +189.18%
2003-12-31 CN¥157.99 Million +14.91%
2002-12-31 CN¥137.49 Million +8.48%
2001-12-31 CN¥126.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hunan New Wellful 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 46368.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.26 Billion 41.73%
Other Components CN¥2.73 Billion 90.45%
Total Equity CN¥3.02 Billion 100.00%

Hunan New Wellful Co Ltd Competitors by Market Cap

The table below lists competitors of Hunan New Wellful Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,992,219,833 to 3,022,232,154, a change of 30,012,321 (1.0%).
  • Net income of 39,320,394 contributed positively to equity growth.
  • Dividend payments of 80,693,859 reduced retained earnings.
  • Other factors increased equity by 71,385,786.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥39.32 Million +1.3%
Dividends Paid CN¥80.69 Million -2.67%
Other Changes CN¥71.39 Million +2.36%
Total Change CN¥- 1.00%

Book Value vs Market Value Analysis

This analysis compares Hunan New Wellful 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: 2.50x
  • 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 23.62x to 2.50x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.24 CN¥5.77 x
2002-12-31 CN¥0.27 CN¥5.77 x
2003-12-31 CN¥0.31 CN¥5.77 x
2004-12-31 CN¥0.95 CN¥5.77 x
2005-12-31 CN¥0.99 CN¥5.77 x
2006-12-31 CN¥1.79 CN¥5.77 x
2007-12-31 CN¥0.96 CN¥5.77 x
2008-12-31 CN¥1.05 CN¥5.77 x
2009-12-31 CN¥0.99 CN¥5.77 x
2010-12-31 CN¥0.95 CN¥5.77 x
2011-12-31 CN¥1.14 CN¥5.77 x
2012-12-31 CN¥1.18 CN¥5.77 x
2013-12-31 CN¥1.22 CN¥5.77 x
2014-12-31 CN¥1.09 CN¥5.77 x
2015-12-31 CN¥1.74 CN¥5.77 x
2016-12-31 CN¥1.87 CN¥5.77 x
2017-12-31 CN¥1.88 CN¥5.77 x
2018-12-31 CN¥1.54 CN¥5.77 x
2019-12-31 CN¥1.79 CN¥5.77 x
2020-12-31 CN¥2.19 CN¥5.77 x
2021-12-31 CN¥3.16 CN¥5.77 x
2022-12-31 CN¥3.18 CN¥5.77 x
2023-12-31 CN¥2.56 CN¥5.77 x
2024-12-31 CN¥2.31 CN¥5.77 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan New Wellful 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): 1.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.56%
  • • Asset Turnover: 0.57x
  • • Equity Multiplier: 4.09x
  • Recent ROE (1.30%) is below the historical average (4.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 23.16% 8.32% 1.82x 1.53x CN¥15.05 Million
2002 27.50% 8.98% 1.81x 1.69x CN¥21.82 Million
2003 24.53% 8.78% 1.75x 1.59x CN¥21.23 Million
2004 5.76% 5.20% 0.91x 1.22x CN¥-18.83 Million
2005 5.83% 5.11% 1.04x 1.09x CN¥-19.39 Million
2006 5.53% 5.48% 0.92x 1.10x CN¥-20.76 Million
2007 3.99% 3.30% 0.91x 1.33x CN¥-28.21 Million
2008 1.84% 1.05% 1.32x 1.32x CN¥-36.19 Million
2009 4.66% 3.77% 0.76x 1.63x CN¥-24.81 Million
2010 3.22% 1.68% 1.29x 1.48x CN¥-31.04 Million
2011 13.59% 7.50% 1.27x 1.42x CN¥19.04 Million
2012 3.83% 2.03% 1.13x 1.67x CN¥-34.04 Million
2013 2.46% 1.21% 0.94x 2.17x CN¥-41.69 Million
2014 -9.59% -3.76% 1.01x 2.52x CN¥-100.02 Million
2015 3.46% 2.79% 0.78x 1.58x CN¥-70.00 Million
2016 16.07% 11.62% 0.88x 1.56x CN¥74.24 Million
2017 3.73% 2.61% 0.97x 1.48x CN¥-75.43 Million
2018 -3.25% -1.76% 1.28x 1.45x CN¥-146.07 Million
2019 5.43% 2.97% 1.30x 1.40x CN¥-53.26 Million
2020 19.79% 10.38% 1.22x 1.56x CN¥139.85 Million
2021 -13.93% -12.12% 0.45x 2.54x CN¥-509.04 Million
2022 -2.90% -1.55% 0.50x 3.76x CN¥-345.85 Million
2023 -40.22% -21.37% 0.44x 4.23x CN¥-1.50 Billion
2024 1.30% 0.56% 0.57x 4.09x CN¥-262.90 Million

Industry Comparison

This section compares Hunan New Wellful Co Ltd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $1,314,559,364
  • Average return on equity (ROE) among peers: 7.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hunan New Wellful Co Ltd (600975) CN¥3.20 Billion 23.16% 2.73x $607.92 Million
ShenZhen Kondarl Group Co Ltd (000048) $493.88 Million 5.67% 1.45x $677.04 Million
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) $473.86 Million 3.40% 0.49x $192.35 Million
Hefei Fengle Seed Co Ltd (000713) $541.01 Million 5.38% 1.28x $460.52 Million
Luoniushan Co Ltd (000735) $1.57 Billion 5.18% 0.35x $939.65 Million
New Hope Liuhe Co Ltd (000876) $4.62 Billion 8.84% 0.83x $3.80 Billion
Yuan Longping High-tech Agriculture Co Ltd (000998) $903.81 Million 2.44% 0.22x $1.92 Billion
Dongrui Food Group Co Ltd (001201) $326.81 Million 2.47% 0.90x $262.05 Million
Jiangxi Sunshine Dairy Co Ltd (001318) $555.07 Million 18.79% 0.29x $164.61 Million
Boen Group Co. Ltd. Cl A (001366) $521.42 Million 14.80% 0.42x $88.79 Million
Shandong Denghai Seeds Co Ltd (002041) $3.14 Billion 3.25% 0.20x $542.58 Million