Leshan Giantstar Farming & Husbandry Corp Ltd

SHG:603477 China Farm Products
Market Cap
$1.32 Billion
CN¥9.69 Billion CNY
Market Cap Rank
#8840 Global
#1733 in China
Share Price
CN¥19.00
Change (1 day)
-1.40%
52-Week Range
CN¥16.76 - CN¥23.90
All Time High
CN¥37.98
About

Leshan Giantstar Farming&Husbandry Corporation Limited engages in livestock and poultry breeding in China. It also research, develops, manufactures, and sale of leather and leather products used in car seats and interiors, various types of shoes, furniture, etc. The company provides automobile leather, shoe upper leather, and furniture leather products. In addition, it involved in pig farming and… Read more

Leshan Giantstar Farming & Husbandry Corp Ltd (603477) - Net Assets

Latest net assets as of September 2025: CN¥3.24 Billion CNY

Based on the latest financial reports, Leshan Giantstar Farming & Husbandry Corp Ltd (603477) has net assets worth CN¥3.24 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¥9.70 Billion) and total liabilities (CN¥6.47 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¥3.24 Billion
% of Total Assets 33.38%
Annual Growth Rate 32.12%
5-Year Change 23.31%
10-Year Change 775.26%
Growth Volatility 63.78

Leshan Giantstar Farming & Husbandry Corp Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Leshan Giantstar Farming & Husbandry Corp 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 Leshan Giantstar Farming & Husbandry Corp Ltd (2014–2024)

The table below shows the annual net assets of Leshan Giantstar Farming & Husbandry Corp Ltd from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.34 Billion +7.71%
2023-12-31 CN¥3.10 Billion -16.46%
2022-12-31 CN¥3.71 Billion +11.50%
2021-12-31 CN¥3.33 Billion +22.91%
2020-12-31 CN¥2.71 Billion +208.43%
2019-12-31 CN¥877.86 Million +2.22%
2018-12-31 CN¥858.81 Million +5.86%
2017-12-31 CN¥811.24 Million +82.94%
2016-12-31 CN¥443.45 Million +16.26%
2015-12-31 CN¥381.44 Million +85.30%
2014-12-31 CN¥205.85 Million --

Equity Component Analysis

This analysis shows how different components contribute to Leshan Giantstar Farming & Husbandry Corp 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 2132.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥511.29 Million 15.49%
Common Stock CN¥510.07 Million 15.45%
Other Comprehensive Income CN¥274.54 Million 8.32%
Other Components CN¥2.00 Billion 60.74%
Total Equity CN¥3.30 Billion 100.00%

Leshan Giantstar Farming & Husbandry Corp Ltd Competitors by Market Cap

The table below lists competitors of Leshan Giantstar Farming & Husbandry Corp Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Leshan Giantstar Farming & Husbandry Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,067,569,979 to 3,300,524,075, a change of 232,954,096 (7.6%).
  • Net income of 518,548,036 contributed positively to equity growth.
  • Dividend payments of 115,899,861 reduced retained earnings.
  • Share repurchases of 297,159,400 reduced equity.
  • Other comprehensive income increased equity by 11,790,177.
  • Other factors increased equity by 115,675,144.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥518.55 Million +15.71%
Dividends Paid CN¥115.90 Million -3.51%
Share Repurchases CN¥297.16 Million -9.0%
Other Comprehensive Income CN¥11.79 Million +0.36%
Other Changes CN¥115.68 Million +3.5%
Total Change CN¥- 7.59%

Book Value vs Market Value Analysis

This analysis compares Leshan Giantstar Farming & Husbandry Corp 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: 2.93x
  • 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 14.45x to 2.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 CN¥1.31 CN¥19.00 x
2015-12-31 CN¥2.14 CN¥19.00 x
2016-12-31 CN¥2.37 CN¥19.00 x
2017-12-31 CN¥4.48 CN¥19.00 x
2018-12-31 CN¥3.52 CN¥19.00 x
2019-12-31 CN¥3.55 CN¥19.00 x
2020-12-31 CN¥7.92 CN¥19.00 x
2021-12-31 CN¥6.73 CN¥19.00 x
2022-12-31 CN¥7.25 CN¥19.00 x
2023-12-31 CN¥6.02 CN¥19.00 x
2024-12-31 CN¥6.49 CN¥19.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Leshan Giantstar Farming & Husbandry Corp 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): 15.71%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.53%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 2.66x
  • Recent ROE (15.71%) is above the historical average (6.29%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 13.69% 5.82% 0.74x 3.17x CN¥6.79 Million
2015 10.73% 7.31% 0.72x 2.04x CN¥2.72 Million
2016 13.52% 9.85% 0.69x 1.98x CN¥15.17 Million
2017 7.81% 9.52% 0.48x 1.71x CN¥-17.48 Million
2018 7.09% 9.53% 0.44x 1.69x CN¥-24.16 Million
2019 4.64% 7.11% 0.39x 1.67x CN¥-45.71 Million
2020 4.80% 8.87% 0.34x 1.61x CN¥-138.30 Million
2021 7.87% 8.68% 0.50x 1.83x CN¥-69.91 Million
2022 4.31% 3.98% 0.55x 1.98x CN¥-209.03 Million
2023 -21.04% -15.97% 0.52x 2.52x CN¥-952.05 Million
2024 15.71% 8.53% 0.69x 2.66x CN¥188.50 Million

Industry Comparison

This section compares Leshan Giantstar Farming & Husbandry Corp Ltd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $1,314,559,364
  • Average return on equity (ROE) among peers: 7.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Leshan Giantstar Farming & Husbandry Corp Ltd (603477) CN¥3.24 Billion 13.69% 2.00x $684.18 Million
ShenZhen Kondarl Group Co Ltd (000048) $493.88 Million 5.67% 1.45x $677.04 Million
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) $473.86 Million 3.40% 0.49x $192.35 Million
Hefei Fengle Seed Co Ltd (000713) $541.01 Million 5.38% 1.28x $460.52 Million
Luoniushan Co Ltd (000735) $1.57 Billion 5.18% 0.35x $939.65 Million
New Hope Liuhe Co Ltd (000876) $4.62 Billion 8.84% 0.83x $3.80 Billion
Yuan Longping High-tech Agriculture Co Ltd (000998) $903.81 Million 2.44% 0.22x $1.92 Billion
Dongrui Food Group Co Ltd (001201) $326.81 Million 2.47% 0.90x $262.05 Million
Jiangxi Sunshine Dairy Co Ltd (001318) $555.07 Million 18.79% 0.29x $164.61 Million
Boen Group Co. Ltd. Cl A (001366) $521.42 Million 14.80% 0.42x $88.79 Million
Shandong Denghai Seeds Co Ltd (002041) $3.14 Billion 3.25% 0.20x $542.58 Million