Kuaijishan Shaoxing Rice Wine (601579) - Net Assets
Based on the latest financial reports, Kuaijishan Shaoxing Rice Wine (601579) has net assets worth CN¥3.79 Billion CNY (≈ $554.27 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.66 Billion ≈ $681.80 Million USD) and total liabilities (CN¥871.54 Million ≈ $127.53 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 Kuaijishan Shaoxing Rice Wine strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.79 Billion |
| % of Total Assets | 81.29% |
| Annual Growth Rate | 11.46% |
| 5-Year Change | 3.81% |
| 10-Year Change | 29.81% |
| Growth Volatility | 23.3 |
Kuaijishan Shaoxing Rice Wine - Net Assets Trend (2009–2025)
This chart illustrates how Kuaijishan Shaoxing Rice Wine's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Kuaijishan Shaoxing Rice Wine.
Annual Net Assets for Kuaijishan Shaoxing Rice Wine (2009–2025)
The table below shows the annual net assets of Kuaijishan Shaoxing Rice Wine from 2009 to 2025. Also explore net asset growth rate of Kuaijishan Shaoxing Rice Wine to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.80 Billion ≈ $555.53 Million |
+1.51% |
| 2024-12-31 | CN¥3.74 Billion ≈ $547.29 Million |
+1.88% |
| 2023-12-31 | CN¥3.67 Billion ≈ $537.18 Million |
-1.18% |
| 2022-12-31 | CN¥3.71 Billion ≈ $543.61 Million |
+1.58% |
| 2021-12-31 | CN¥3.66 Billion ≈ $535.12 Million |
+7.79% |
| 2020-12-31 | CN¥3.39 Billion ≈ $496.46 Million |
+6.82% |
| 2019-12-31 | CN¥3.18 Billion ≈ $464.78 Million |
+0.01% |
| 2018-12-31 | CN¥3.18 Billion ≈ $464.75 Million |
+4.07% |
| 2017-12-31 | CN¥3.05 Billion ≈ $446.57 Million |
+4.35% |
| 2016-12-31 | CN¥2.92 Billion ≈ $427.96 Million |
+91.61% |
| 2015-12-31 | CN¥1.53 Billion ≈ $223.35 Million |
+4.71% |
| 2014-12-31 | CN¥1.46 Billion ≈ $213.30 Million |
+50.25% |
| 2013-12-31 | CN¥970.15 Million ≈ $141.96 Million |
+14.58% |
| 2012-12-31 | CN¥846.70 Million ≈ $123.90 Million |
+8.61% |
| 2011-12-31 | CN¥779.58 Million ≈ $114.08 Million |
+6.83% |
| 2010-12-31 | CN¥729.71 Million ≈ $106.78 Million |
+9.11% |
| 2009-12-31 | CN¥668.79 Million ≈ $97.87 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 1886.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.54 Billion | 40.84% |
| Other Components | CN¥2.23 Billion | 59.16% |
| Total Equity | CN¥3.77 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 |
|---|---|
|
Air China Limited
F:AD2
|
$2.30 Billion |
|
Wallenstam AB (publ)
ST:WALL-B
|
$2.30 Billion |
|
Pharma Reaserch Prod Co Ltd
KQ:214450
|
$2.31 Billion |
|
SASA Polyester Sanayi AS
IS:SASA
|
$2.31 Billion |
|
Lien Hwa Industrial Corp
TW:1229
|
$2.30 Billion |
|
SOC.BIC UNS.ADR1/2/EO382
F:BIF0
|
$2.30 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.30 Billion |
|
Slide Insurance Holdings, Inc. Common Stock
NASDAQ:SLDE
|
$2.30 Billion |
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 2024 to 2025, total equity changed from 3,709,982,961 to 3,766,438,986, a change of 56,456,025 (1.5%).
- Net income of 244,641,389 contributed positively to equity growth.
- Dividend payments of 189,135,572 reduced retained earnings.
- Other comprehensive income decreased equity by 243,894,910.
- Other factors increased equity by 244,845,119.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥244.64 Million | +6.5% |
| Dividends Paid | CN¥189.14 Million | -5.02% |
| Other Comprehensive Income | CN¥-243.89 Million | -6.48% |
| Other Changes | CN¥244.85 Million | +6.5% |
| Total Change | CN¥- | 1.52% |
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: 4.18x
- 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 13.74x to 4.18x 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¥32.84 | x |
| 2010-12-31 | CN¥2.34 | CN¥32.84 | x |
| 2011-12-31 | CN¥2.53 | CN¥32.84 | x |
| 2012-12-31 | CN¥2.73 | CN¥32.84 | x |
| 2013-12-31 | CN¥3.14 | CN¥32.84 | x |
| 2014-12-31 | CN¥4.30 | CN¥32.84 | x |
| 2015-12-31 | CN¥3.70 | CN¥32.84 | x |
| 2016-12-31 | CN¥6.77 | CN¥32.84 | x |
| 2017-12-31 | CN¥6.16 | CN¥32.84 | x |
| 2018-12-31 | CN¥6.38 | CN¥32.84 | x |
| 2019-12-31 | CN¥6.44 | CN¥32.84 | x |
| 2020-12-31 | CN¥6.99 | CN¥32.84 | x |
| 2021-12-31 | CN¥7.57 | CN¥32.84 | x |
| 2022-12-31 | CN¥7.69 | CN¥32.84 | x |
| 2023-12-31 | CN¥7.65 | CN¥32.84 | x |
| 2024-12-31 | CN¥7.75 | CN¥32.84 | x |
| 2025-12-31 | CN¥7.86 | CN¥32.84 | 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): 6.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.43%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.23x
- Recent ROE (6.50%) is below the historical average (8.23%), 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 |
| 2025 | 6.50% | 13.43% | 0.39x | 1.23x | CN¥-132.00 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: $12,408,732,387
- Average return on equity (ROE) among peers: 21.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuaijishan Shaoxing Rice Wine (601579) | CN¥3.79 Billion | 14.65% | 0.23x | $2.30 Billion |
| Luzhou Lao Jiao Co Ltd (000568) | $19.55 Billion | 23.74% | 0.48x | $15.49 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $2.76 Billion | 20.51% | 0.54x | $5.61 Billion |
| Jiugui Liquor Co Ltd (000799) | $1.31 Billion | 11.21% | 0.31x | $1.77 Billion |
| Wuliangye Yibin Co Ltd (000858) | $37.02 Billion | 21.54% | 0.19x | $39.76 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $7.09 Billion | -9.50% | 1.86x | $1.11 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $10.77 Billion | 2.83% | 0.16x | $1.09 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $38.47 Billion | 19.45% | 0.40x | $8.39 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $996.33 Million | 50.20% | 0.83x | $2.75 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $181.94 Million | 62.43% | 0.75x | $476.74 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $5.94 Billion | 13.97% | 0.47x | $853.24 Million |
About Kuaijishan Shaoxing Rice Wine
Kuaijishan Shaoxing Rice Wine Co., Ltd. engages in the research and development, production, and sale of rice wine in China and internationally. The company sells a small amount of fermented liquor by-products under the Kuaijishan, Wuzhanmao, Xitang, and Tangsong brands. Kuaijishan Shaoxing Rice Wine Co., Ltd. was incorporated in 1993 and is headquartered in Shaoxing, China.