Shanghai Bolex Food Technology Co. Ltd. (603170) - Net Assets
Based on the latest financial reports, Shanghai Bolex Food Technology Co. Ltd. (603170) has net assets worth CN¥1.59 Billion CNY (≈ $232.56 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.08 Billion ≈ $304.21 Million USD) and total liabilities (CN¥489.69 Million ≈ $71.66 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 603170 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.59 Billion |
| % of Total Assets | 76.44% |
| Annual Growth Rate | 33.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.22 |
Shanghai Bolex Food Technology Co. Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Shanghai Bolex Food Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Bolex Food Technology Co. Ltd. total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Bolex Food Technology Co. Ltd. (2020–2024)
The table below shows the annual net assets of Shanghai Bolex Food Technology Co. Ltd. from 2020 to 2024. For live valuation and market cap data, see market value of Shanghai Bolex Food Technology Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.56 Billion ≈ $227.74 Million |
+3.85% |
| 2023-12-31 | CN¥1.50 Billion ≈ $219.31 Million |
+30.95% |
| 2022-12-31 | CN¥1.14 Billion ≈ $167.47 Million |
+68.90% |
| 2021-12-31 | CN¥677.60 Million ≈ $99.15 Million |
+39.86% |
| 2020-12-31 | CN¥484.50 Million ≈ $70.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Bolex Food Technology 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 670.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥604.42 Million | 43.94% |
| Other Components | CN¥771.23 Million | 56.06% |
| Total Equity | CN¥1.38 Billion | 100.00% |
Shanghai Bolex Food Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shanghai Bolex Food Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165
|
$799.22 Million |
|
Verusa Holding AS
IS:VERUS
|
$799.59 Million |
|
Mobilicom Limited Warrants
NASDAQ:MOBBW
|
$800.01 Million |
|
UEM Sunrise Bhd
KLSE:5148
|
$800.11 Million |
|
Goldcard High-Tech Co Ltd
SHE:300349
|
$798.55 Million |
|
Sudarshan Chemical Industries Limited
NSE:SUDARSCHEM
|
$798.04 Million |
|
Huawen Media Investment Corp
SHE:000793
|
$797.87 Million |
|
Glencore PLC
LSE:GLEN
|
$797.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Bolex Food Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,352,414,574 to 1,375,645,263, a change of 23,230,689 (1.7%).
- Net income of 233,235,939 contributed positively to equity growth.
- Dividend payments of 210,005,250 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥233.24 Million | +16.95% |
| Dividends Paid | CN¥210.01 Million | -15.27% |
| Other Changes | CN¥-0.00 | -0.0% |
| Total Change | CN¥- | 1.72% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Bolex Food Technology 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: 3.97x
- 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 10.19x to 3.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥1.34 | CN¥13.65 | x |
| 2021-12-31 | CN¥1.81 | CN¥13.65 | x |
| 2022-12-31 | CN¥2.82 | CN¥13.65 | x |
| 2023-12-31 | CN¥3.38 | CN¥13.65 | x |
| 2024-12-31 | CN¥3.44 | CN¥13.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Bolex Food Technology 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): 16.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.80%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.56x
- Recent ROE (16.95%) is below the historical average (22.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 27.82% | 14.82% | 1.08x | 1.74x | CN¥85.92 Million |
| 2021 | 28.42% | 11.75% | 1.41x | 1.71x | CN¥120.17 Million |
| 2022 | 19.09% | 10.57% | 1.33x | 1.36x | CN¥102.57 Million |
| 2023 | 22.26% | 12.71% | 1.25x | 1.41x | CN¥165.79 Million |
| 2024 | 16.95% | 8.80% | 1.24x | 1.56x | CN¥95.67 Million |
Industry Comparison
This section compares Shanghai Bolex Food Technology Co. Ltd.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,004,603,053
- Average return on equity (ROE) among peers: 6.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Bolex Food Technology Co. Ltd. (603170) | CN¥1.59 Billion | 27.82% | 0.31x | $798.99 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $372.94 Million | 1.53% | 0.77x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $399.64 Million | -9.56% | 0.79x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $3.35 Billion | -13.25% | 0.84x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.74 Billion | 8.58% | 0.63x | $566.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $771.61 Million | 7.55% | 0.16x | $498.43 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $1.03 Billion | 16.52% | 0.57x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $1.56 Billion | -2.70% | 2.56x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $405.77 Million | 18.27% | 1.07x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $299.34 Million | 12.12% | 0.20x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $117.09 Million | 24.08% | 1.95x | $587.64 Million |
About Shanghai Bolex Food Technology Co. Ltd.
Shanghai Bolex Food Technology Co., Ltd. engages in the research, development, production, and sales of condiments and pre-cooked food in China and internationally. Its products portfolio includes compound seasonings, light cooking sauce packets, light cooking soup packets, and other light cooking solutions, as well as beverage and dessert ingredients comprising jams, popping beads, crystal balls… Read more