Kuaijishan Shaoxing Rice Wine
Kuaijishan Shaoxing Rice Wine Co., Ltd. engages in the research and development, production, and sale of rice wine under the Kuaijishan, Wuzhengmao, Xitang, and Tangsong brands. in China and internationally. The company sells a small amount of fermented liquor by-products. Kuaijishan Shaoxing Rice Wine Co., Ltd. was incorporated in 1993 and is headquartered in Shaoxing, China.
Kuaijishan Shaoxing Rice Wine (601579) - Net Assets
Latest net assets as of September 2025: CN¥3.67 Billion CNY
Based on the latest financial reports, Kuaijishan Shaoxing Rice Wine (601579) has net assets worth CN¥3.67 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¥4.38 Billion) and total liabilities (CN¥707.35 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¥3.67 Billion |
| % of Total Assets | 83.84% |
| Annual Growth Rate | 12.16% |
| 5-Year Change | 10.24% |
| 10-Year Change | 145.04% |
| Growth Volatility | 23.86 |
Kuaijishan Shaoxing Rice Wine - Net Assets Trend (2009–2024)
This chart illustrates how Kuaijishan Shaoxing Rice Wine's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kuaijishan Shaoxing Rice Wine (2009–2024)
The table below shows the annual net assets of Kuaijishan Shaoxing Rice Wine from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.74 Billion | +1.88% |
| 2023-12-31 | CN¥3.67 Billion | -1.18% |
| 2022-12-31 | CN¥3.71 Billion | +1.58% |
| 2021-12-31 | CN¥3.66 Billion | +7.79% |
| 2020-12-31 | CN¥3.39 Billion | +6.82% |
| 2019-12-31 | CN¥3.18 Billion | +0.01% |
| 2018-12-31 | CN¥3.18 Billion | +4.07% |
| 2017-12-31 | CN¥3.05 Billion | +4.35% |
| 2016-12-31 | CN¥2.92 Billion | +91.61% |
| 2015-12-31 | CN¥1.53 Billion | +4.71% |
| 2014-12-31 | CN¥1.46 Billion | +50.25% |
| 2013-12-31 | CN¥970.15 Million | +14.58% |
| 2012-12-31 | CN¥846.70 Million | +8.61% |
| 2011-12-31 | CN¥779.58 Million | +6.83% |
| 2010-12-31 | CN¥729.71 Million | +9.11% |
| 2009-12-31 | CN¥668.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kuaijishan Shaoxing Rice Wine'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 1849.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.51 Billion | 40.68% |
| Common Stock | CN¥479.46 Million | 12.92% |
| Other Comprehensive Income | CN¥243.89 Million | 6.57% |
| Other Components | CN¥1.48 Billion | 39.82% |
| Total Equity | CN¥3.71 Billion | 100.00% |
Kuaijishan Shaoxing Rice Wine Competitors by Market Cap
The table below lists competitors of Kuaijishan Shaoxing Rice Wine ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orinko Advanced Plastics Co. Ltd. A
SHG:688219
|
$443.53 Million |
|
Xingyuan Environment Technology Co Ltd
SHE:300266
|
$443.56 Million |
|
Ricegrowers Ltd
AU:SGLLV
|
$443.61 Million |
|
Adriatic Metals PLC
PINK:ADTLF
|
$443.66 Million |
|
Shenzhen Sunnypol Optoelectronics Co Ltd
SHE:002876
|
$443.37 Million |
|
ADC Therapeutics SA
NYSE:ADCT
|
$443.34 Million |
|
34Q0
F:34Q0
|
$443.29 Million |
|
Sgis Songshan Co Ltd
SHE:000717
|
$443.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuaijishan Shaoxing Rice Wine's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,643,036,621 to 3,709,982,961, a change of 66,946,340 (1.8%).
- Net income of 196,189,221 contributed positively to equity growth.
- Dividend payments of 98,800,415 reduced retained earnings.
- Share repurchases of 30,445,563 reduced equity.
- Other comprehensive income increased equity by 25,989,095.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥196.19 Million | +5.29% |
| Dividends Paid | CN¥98.80 Million | -2.66% |
| Share Repurchases | CN¥30.45 Million | -0.82% |
| Other Comprehensive Income | CN¥25.99 Million | +0.7% |
| Other Changes | CN¥-25.99 Million | -0.7% |
| Total Change | CN¥- | 1.84% |
Book Value vs Market Value Analysis
This analysis compares Kuaijishan Shaoxing Rice Wine'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: 2.22x
- 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 7.19x to 2.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥2.39 | CN¥17.19 | x |
| 2010-12-31 | CN¥2.34 | CN¥17.19 | x |
| 2011-12-31 | CN¥2.53 | CN¥17.19 | x |
| 2012-12-31 | CN¥2.73 | CN¥17.19 | x |
| 2013-12-31 | CN¥3.14 | CN¥17.19 | x |
| 2014-12-31 | CN¥4.30 | CN¥17.19 | x |
| 2015-12-31 | CN¥3.70 | CN¥17.19 | x |
| 2016-12-31 | CN¥6.77 | CN¥17.19 | x |
| 2017-12-31 | CN¥6.16 | CN¥17.19 | x |
| 2018-12-31 | CN¥6.38 | CN¥17.19 | x |
| 2019-12-31 | CN¥6.44 | CN¥17.19 | x |
| 2020-12-31 | CN¥6.99 | CN¥17.19 | x |
| 2021-12-31 | CN¥7.57 | CN¥17.19 | x |
| 2022-12-31 | CN¥7.69 | CN¥17.19 | x |
| 2023-12-31 | CN¥7.65 | CN¥17.19 | x |
| 2024-12-31 | CN¥7.75 | CN¥17.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuaijishan Shaoxing Rice Wine 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): 5.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.03%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.23x
- Recent ROE (5.29%) is below the historical average (8.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 14.65% | 14.93% | 0.38x | 2.57x | CN¥30.29 Million |
| 2010 | 8.54% | 8.18% | 0.49x | 2.15x | CN¥-10.43 Million |
| 2011 | 14.63% | 13.13% | 0.49x | 2.25x | CN¥35.22 Million |
| 2012 | 15.37% | 13.05% | 0.53x | 2.24x | CN¥44.46 Million |
| 2013 | 13.08% | 13.28% | 0.45x | 2.18x | CN¥29.19 Million |
| 2014 | 7.67% | 12.80% | 0.39x | 1.52x | CN¥-33.46 Million |
| 2015 | 7.56% | 12.43% | 0.38x | 1.62x | CN¥-36.62 Million |
| 2016 | 4.88% | 13.49% | 0.28x | 1.28x | CN¥-148.66 Million |
| 2017 | 6.01% | 14.12% | 0.32x | 1.32x | CN¥-120.90 Million |
| 2018 | 5.49% | 14.43% | 0.28x | 1.38x | CN¥-142.18 Million |
| 2019 | 5.28% | 14.21% | 0.26x | 1.44x | CN¥-148.73 Million |
| 2020 | 8.58% | 26.07% | 0.25x | 1.32x | CN¥-47.92 Million |
| 2021 | 7.82% | 22.69% | 0.28x | 1.23x | CN¥-79.12 Million |
| 2022 | 3.93% | 11.80% | 0.27x | 1.23x | CN¥-223.80 Million |
| 2023 | 4.57% | 11.81% | 0.31x | 1.24x | CN¥-197.68 Million |
| 2024 | 5.29% | 12.03% | 0.36x | 1.23x | CN¥-174.81 Million |
Industry Comparison
This section compares Kuaijishan Shaoxing Rice Wine's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $7,937,637,780
- Average return on equity (ROE) among peers: 16.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuaijishan Shaoxing Rice Wine (601579) | CN¥3.67 Billion | 14.65% | 0.19x | $443.51 Million |
| Luzhou Lao Jiao Co Ltd (000568) | $235.40 Million | 25.02% | 1.14x | $10.63 Billion |
| Jiugui Liquor Co Ltd (000799) | $4.15 Billion | 25.26% | 0.41x | $1.44 Billion |
| Wuliangye Yibin Co Ltd (000858) | $3.19 Billion | 24.07% | 0.44x | $24.90 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $7.46 Billion | 10.85% | 1.95x | $880.58 Million |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $1.44 Billion | 7.71% | 0.27x | $860.99 Million |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $52.05 Billion | 19.24% | 0.34x | $3.60 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $4.70 Billion | 15.31% | 0.73x | $1.25 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $2.80 Billion | 3.20% | 0.19x | $324.05 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $785.49 Million | 22.16% | 0.82x | $2.43 Billion |
| Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) | $2.56 Billion | 12.49% | 0.62x | $218.25 Million |