Hunan New Wellful Co Ltd (600975) - Net Assets
Based on the latest financial reports, Hunan New Wellful Co Ltd (600975) has net assets worth CN¥3.20 Billion CNY (≈ $467.69 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¥11.94 Billion ≈ $1.75 Billion USD) and total liabilities (CN¥8.74 Billion ≈ $1.28 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 financial resilience of Hunan New Wellful Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Hunan New Wellful Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Hunan New Wellful Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.21 Billion ≈ $470.21 Million |
+1.51% |
| 2023-12-31 | CN¥3.17 Billion ≈ $463.24 Million |
+8.91% |
| 2022-12-31 | CN¥2.91 Billion ≈ $425.33 Million |
+30.29% |
| 2021-12-31 | CN¥2.23 Billion ≈ $326.45 Million |
+48.62% |
| 2020-12-31 | CN¥1.50 Billion ≈ $219.66 Million |
+22.08% |
| 2019-12-31 | CN¥1.23 Billion ≈ $179.92 Million |
+5.84% |
| 2018-12-31 | CN¥1.16 Billion ≈ $169.99 Million |
-8.50% |
| 2017-12-31 | CN¥1.27 Billion ≈ $185.79 Million |
-2.15% |
| 2016-12-31 | CN¥1.30 Billion ≈ $189.86 Million |
+14.82% |
| 2015-12-31 | CN¥1.13 Billion ≈ $165.35 Million |
+87.69% |
| 2014-12-31 | CN¥602.03 Million ≈ $88.10 Million |
-3.19% |
| 2013-12-31 | CN¥621.86 Million ≈ $91.00 Million |
+1.63% |
| 2012-12-31 | CN¥611.86 Million ≈ $89.53 Million |
+13.40% |
| 2011-12-31 | CN¥539.57 Million ≈ $78.96 Million |
+15.42% |
| 2010-12-31 | CN¥467.48 Million ≈ $68.41 Million |
-2.63% |
| 2009-12-31 | CN¥480.09 Million ≈ $70.25 Million |
+7.95% |
| 2008-12-31 | CN¥444.75 Million ≈ $65.08 Million |
-5.90% |
| 2007-12-31 | CN¥472.61 Million ≈ $69.16 Million |
+1.63% |
| 2006-12-31 | CN¥465.01 Million ≈ $68.05 Million |
-2.69% |
| 2005-12-31 | CN¥477.87 Million ≈ $69.93 Million |
+4.60% |
| 2004-12-31 | CN¥456.88 Million ≈ $66.86 Million |
+189.18% |
| 2003-12-31 | CN¥157.99 Million ≈ $23.12 Million |
+14.91% |
| 2002-12-31 | CN¥137.49 Million ≈ $20.12 Million |
+8.48% |
| 2001-12-31 | CN¥126.74 Million ≈ $18.55 Million |
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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.
| Company | Market Cap |
|---|---|
|
Guizhou Bailing Group Pharmaceutical Co Ltd
SHE:002424
|
$1.03 Billion |
|
Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR
|
$1.03 Billion |
|
Coursera Inc
NYSE:COUR
|
$1.03 Billion |
|
Liquidity Services Inc
NASDAQ:LQDT
|
$1.03 Billion |
|
Lindblad Expeditions Holdings Inc
NASDAQ:LIND
|
$1.03 Billion |
|
Caisse Régionale de Crédit Agricole Mutuel de Paris et d-Ile-de-France
PA:CAF
|
$1.03 Billion |
|
Piedmont Office Realty Trust Inc
NYSE:PDM
|
$1.03 Billion |
|
BURFORD CAPITAL LTD
F:9BFA
|
$1.03 Billion |
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: 2.44x
- 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 23.01x to 2.44x 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¥5.62 | x |
| 2002-12-31 | CN¥0.27 | CN¥5.62 | x |
| 2003-12-31 | CN¥0.31 | CN¥5.62 | x |
| 2004-12-31 | CN¥0.95 | CN¥5.62 | x |
| 2005-12-31 | CN¥0.99 | CN¥5.62 | x |
| 2006-12-31 | CN¥1.79 | CN¥5.62 | x |
| 2007-12-31 | CN¥0.96 | CN¥5.62 | x |
| 2008-12-31 | CN¥1.05 | CN¥5.62 | x |
| 2009-12-31 | CN¥0.99 | CN¥5.62 | x |
| 2010-12-31 | CN¥0.95 | CN¥5.62 | x |
| 2011-12-31 | CN¥1.14 | CN¥5.62 | x |
| 2012-12-31 | CN¥1.18 | CN¥5.62 | x |
| 2013-12-31 | CN¥1.22 | CN¥5.62 | x |
| 2014-12-31 | CN¥1.09 | CN¥5.62 | x |
| 2015-12-31 | CN¥1.74 | CN¥5.62 | x |
| 2016-12-31 | CN¥1.87 | CN¥5.62 | x |
| 2017-12-31 | CN¥1.88 | CN¥5.62 | x |
| 2018-12-31 | CN¥1.54 | CN¥5.62 | x |
| 2019-12-31 | CN¥1.79 | CN¥5.62 | x |
| 2020-12-31 | CN¥2.19 | CN¥5.62 | x |
| 2021-12-31 | CN¥3.16 | CN¥5.62 | x |
| 2022-12-31 | CN¥3.18 | CN¥5.62 | x |
| 2023-12-31 | CN¥2.56 | CN¥5.62 | x |
| 2024-12-31 | CN¥2.31 | CN¥5.62 | 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: $1,296,219,565
- Average return on equity (ROE) among peers: -3.65%
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 | $1.03 Billion |
| ShenZhen Kondarl Group Co Ltd (000048) | $2.66 Billion | 29.04% | 5.59x | $1.14 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $396.79 Million | -213.77% | 2.82x | $483.52 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $46.46 Million | 57.45% | 1.07x | $361.65 Million |
| Hefei Fengle Seed Co Ltd (000713) | $96.90 Million | 39.05% | 0.20x | $759.23 Million |
| Luoniushan Co Ltd (000735) | $1.83 Billion | 3.32% | 1.46x | $1.11 Billion |
| New Hope Liuhe Co Ltd (000876) | $1.84 Billion | 6.76% | 0.76x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $831.50 Million | 4.85% | 0.18x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $322.80 Million | 16.01% | 0.89x | $499.06 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $1.27 Billion | 8.70% | 0.07x | $552.18 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.66 Billion | 12.08% | 0.22x | $1.32 Billion |
About Hunan New Wellful Co Ltd
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.