Hebei Yangyuan ZhiHui Beverage Co Ltd
Hebei Yangyuan ZhiHui Beverage Co., Ltd., together with its subsidiaries, engages in the research, development, processing, production, and sale of vegetable protein beverages using walnut kernels in China. The company offers walnut milk, walnut soybean milk, walnut peanut milk, walnut almond milk, and other plant protein beverages under the Six Walnuts, Six Walnuts 2430, and Yangyuan Plant Milk … Read more
Hebei Yangyuan ZhiHui Beverage Co Ltd (603156) - Net Assets
Latest net assets as of September 2025: CN¥8.99 Billion CNY
Based on the latest financial reports, Hebei Yangyuan ZhiHui Beverage Co Ltd (603156) has net assets worth CN¥8.99 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¥11.32 Billion) and total liabilities (CN¥2.33 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¥8.99 Billion |
| % of Total Assets | 79.44% |
| Annual Growth Rate | 43.55% |
| 5-Year Change | -15.4% |
| 10-Year Change | 77.62% |
| Growth Volatility | 236.62 |
Hebei Yangyuan ZhiHui Beverage Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Hebei Yangyuan ZhiHui Beverage 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 Hebei Yangyuan ZhiHui Beverage Co Ltd (2008–2024)
The table below shows the annual net assets of Hebei Yangyuan ZhiHui Beverage Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.02 Billion | -9.41% |
| 2023-12-31 | CN¥11.06 Billion | -4.01% |
| 2022-12-31 | CN¥11.52 Billion | -7.60% |
| 2021-12-31 | CN¥12.46 Billion | +5.29% |
| 2020-12-31 | CN¥11.84 Billion | -4.63% |
| 2019-12-31 | CN¥12.41 Billion | +3.70% |
| 2018-12-31 | CN¥11.97 Billion | +63.15% |
| 2017-12-31 | CN¥7.34 Billion | +22.82% |
| 2016-12-31 | CN¥5.97 Billion | +5.94% |
| 2015-12-31 | CN¥5.64 Billion | +55.02% |
| 2014-12-31 | CN¥3.64 Billion | +58.02% |
| 2013-12-31 | CN¥2.30 Billion | +929.50% |
| 2010-12-31 | CN¥223.60 Million | +137.50% |
| 2009-12-31 | CN¥94.15 Million | +205.58% |
| 2008-12-31 | CN¥30.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hebei Yangyuan ZhiHui Beverage 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 23711.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.80 Billion | 57.89% |
| Common Stock | CN¥1.27 Billion | 12.64% |
| Other Comprehensive Income | CN¥349.15 Million | 3.49% |
| Other Components | CN¥2.60 Billion | 25.98% |
| Total Equity | CN¥10.01 Billion | 100.00% |
Hebei Yangyuan ZhiHui Beverage Co Ltd Competitors by Market Cap
The table below lists competitors of Hebei Yangyuan ZhiHui Beverage Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inner Mongolia First Machinery Group Co Ltd
SHG:600967
|
$1.63 Billion |
|
Poco Holding Co Ltd
SHE:300811
|
$1.63 Billion |
|
National Storage Affiliates Tru
NYSE:NSA-PB
|
$1.63 Billion |
|
CompoSecure, Inc.
NYSE:CMPO
|
$1.63 Billion |
|
Quaker Chemical Corporation
NYSE:KWR
|
$1.63 Billion |
|
HUTCHMED (China) Limited
PINK:HMDCF
|
$1.63 Billion |
|
Linktel Technologies Co. Ltd. A
SHE:301205
|
$1.63 Billion |
|
HEXPOL AB ser. B
LSE:0R7O
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hebei Yangyuan ZhiHui Beverage Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,052,580,693 to 10,012,801,967, a change of -1,039,778,726 (-9.4%).
- Net income of 1,721,987,805 contributed positively to equity growth.
- Dividend payments of 2,034,740,487 reduced retained earnings.
- Share repurchases of 108,672,543 reduced equity.
- Other comprehensive income decreased equity by 714,445,435.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.72 Billion | +17.2% |
| Dividends Paid | CN¥2.03 Billion | -20.32% |
| Share Repurchases | CN¥108.67 Million | -1.09% |
| Other Comprehensive Income | CN¥-714.45 Million | -7.14% |
| Other Changes | CN¥96.09 Million | +0.96% |
| Total Change | CN¥- | -9.41% |
Book Value vs Market Value Analysis
This analysis compares Hebei Yangyuan ZhiHui Beverage 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: 3.87x
- 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 187.10x to 3.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.16 | CN¥30.60 | x |
| 2009-12-31 | CN¥0.50 | CN¥30.60 | x |
| 2010-12-31 | CN¥1.12 | CN¥30.60 | x |
| 2013-12-31 | CN¥1.98 | CN¥30.60 | x |
| 2014-12-31 | CN¥3.12 | CN¥30.60 | x |
| 2015-12-31 | CN¥4.84 | CN¥30.60 | x |
| 2016-12-31 | CN¥5.13 | CN¥30.60 | x |
| 2017-12-31 | CN¥6.30 | CN¥30.60 | x |
| 2018-12-31 | CN¥9.55 | CN¥30.60 | x |
| 2019-12-31 | CN¥9.81 | CN¥30.60 | x |
| 2020-12-31 | CN¥9.35 | CN¥30.60 | x |
| 2021-12-31 | CN¥9.85 | CN¥30.60 | x |
| 2022-12-31 | CN¥9.10 | CN¥30.60 | x |
| 2023-12-31 | CN¥8.73 | CN¥30.60 | x |
| 2024-12-31 | CN¥7.91 | CN¥30.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hebei Yangyuan ZhiHui Beverage 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): 17.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.43%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.38x
- Recent ROE (17.20%) is below the historical average (40.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 77.99% | 8.44% | 2.77x | 3.34x | CN¥20.95 Million |
| 2009 | 89.89% | 16.12% | 1.73x | 3.22x | CN¥75.21 Million |
| 2010 | 73.76% | 15.31% | 1.72x | 2.81x | CN¥142.56 Million |
| 2013 | 68.73% | 21.29% | 1.42x | 2.27x | CN¥1.35 Billion |
| 2014 | 50.32% | 22.16% | 1.10x | 2.07x | CN¥1.47 Billion |
| 2015 | 46.46% | 28.74% | 0.97x | 1.66x | CN¥2.06 Billion |
| 2016 | 45.88% | 30.79% | 0.91x | 1.63x | CN¥2.14 Billion |
| 2017 | 31.48% | 29.84% | 0.69x | 1.53x | CN¥1.58 Billion |
| 2018 | 23.70% | 34.83% | 0.53x | 1.28x | CN¥1.64 Billion |
| 2019 | 21.71% | 36.13% | 0.49x | 1.22x | CN¥1.45 Billion |
| 2020 | 13.33% | 35.64% | 0.29x | 1.27x | CN¥394.02 Million |
| 2021 | 16.94% | 30.57% | 0.43x | 1.27x | CN¥864.64 Million |
| 2022 | 12.80% | 24.89% | 0.39x | 1.31x | CN¥322.78 Million |
| 2023 | 13.28% | 23.82% | 0.38x | 1.46x | CN¥362.18 Million |
| 2024 | 17.20% | 28.43% | 0.44x | 1.38x | CN¥720.71 Million |
Industry Comparison
This section compares Hebei Yangyuan ZhiHui Beverage Co Ltd's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $1,060,170,809
- Average return on equity (ROE) among peers: 16.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hebei Yangyuan ZhiHui Beverage Co Ltd (603156) | CN¥8.99 Billion | 77.99% | 0.26x | $1.63 Billion |
| He Bei Cheng De LoLo Co Ltd (000848) | $776.30 Million | 24.91% | 0.93x | $625.20 Million |
| HUANLEJIA Food Group Co. Ltd. (300997) | $347.71 Million | 23.98% | 2.77x | $233.60 Million |
| Jilin Forest (600189) | $1.16 Billion | 9.04% | 0.44x | $448.42 Million |
| JuneYao Dairy Co Ltd (605388) | $1.93 Billion | 2.98% | 0.29x | $155.68 Million |
| Eastroc Beverage Group Co Ltd (605499) | $1.09 Billion | 19.86% | 0.94x | $4.82 Billion |