Leshan Giantstar Farming & Husbandry Corp Ltd (603477) - Net Assets
Based on the latest financial reports, Leshan Giantstar Farming & Husbandry Corp Ltd (603477) has net assets worth CN¥3.24 Billion CNY (≈ $474.00 Million USD) 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 ≈ $1.42 Billion USD) and total liabilities (CN¥6.47 Billion ≈ $946.08 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 603477 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Leshan Giantstar Farming & Husbandry Cor balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 603477 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.34 Billion ≈ $488.54 Million |
+7.71% |
| 2023-12-31 | CN¥3.10 Billion ≈ $453.59 Million |
-16.46% |
| 2022-12-31 | CN¥3.71 Billion ≈ $542.94 Million |
+11.50% |
| 2021-12-31 | CN¥3.33 Billion ≈ $486.95 Million |
+22.91% |
| 2020-12-31 | CN¥2.71 Billion ≈ $396.20 Million |
+208.43% |
| 2019-12-31 | CN¥877.86 Million ≈ $128.46 Million |
+2.22% |
| 2018-12-31 | CN¥858.81 Million ≈ $125.67 Million |
+5.86% |
| 2017-12-31 | CN¥811.24 Million ≈ $118.71 Million |
+82.94% |
| 2016-12-31 | CN¥443.45 Million ≈ $64.89 Million |
+16.26% |
| 2015-12-31 | CN¥381.44 Million ≈ $55.82 Million |
+85.30% |
| 2014-12-31 | CN¥205.85 Million ≈ $30.12 Million |
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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.
| Company | Market Cap |
|---|---|
|
Companhiade Eletricidade do Estado da Bahia - COELBA
SA:CEEB3
|
$1.43 Billion |
|
Jiangsu Shagang Co Ltd
SHE:002075
|
$1.43 Billion |
|
Msscorps Co Ltd
TW:6830
|
$1.43 Billion |
|
Redfin Corp
NASDAQ:RDFN
|
$1.43 Billion |
|
Privi Speciality Chemicals Limited
NSE:PRIVISCL
|
$1.43 Billion |
|
Jaiprakash Power Ventures Limited
NSE:JPPOWER
|
$1.43 Billion |
|
SM Entertainment Co. Ltd
KQ:041510
|
$1.43 Billion |
|
Jiangsu SOPO Chemical Co Ltd
SHG:600746
|
$1.43 Billion |
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: 2.96x
- 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 14.59x to 2.96x 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¥19.18 | x |
| 2015-12-31 | CN¥2.14 | CN¥19.18 | x |
| 2016-12-31 | CN¥2.37 | CN¥19.18 | x |
| 2017-12-31 | CN¥4.48 | CN¥19.18 | x |
| 2018-12-31 | CN¥3.52 | CN¥19.18 | x |
| 2019-12-31 | CN¥3.55 | CN¥19.18 | x |
| 2020-12-31 | CN¥7.92 | CN¥19.18 | x |
| 2021-12-31 | CN¥6.73 | CN¥19.18 | x |
| 2022-12-31 | CN¥7.25 | CN¥19.18 | x |
| 2023-12-31 | CN¥6.02 | CN¥19.18 | x |
| 2024-12-31 | CN¥6.49 | CN¥19.18 | 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: $2,245,023,353
- Average return on equity (ROE) among peers: 5.68%
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 | $1.43 Billion |
| ShenZhen Kondarl Group Co Ltd (000048) | $-18.92 Million | 0.00% | 0.00x | $1.14 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $1.67 Billion | 9.74% | 0.64x | $485.22 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $862.65 Million | 9.31% | 0.47x | $359.11 Million |
| Hefei Fengle Seed Co Ltd (000713) | $596.43 Million | 9.23% | 0.24x | $753.39 Million |
| Luoniushan Co Ltd (000735) | $1.57 Billion | 5.18% | 0.35x | $1.11 Billion |
| New Hope Liuhe Co Ltd (000876) | $1.84 Billion | 6.76% | 0.76x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $7.48 Billion | 10.57% | 1.05x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $3.51 Billion | -14.72% | 0.74x | $505.85 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $1.27 Billion | 8.70% | 0.07x | $553.84 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.66 Billion | 12.08% | 0.22x | $1.31 Billion |
About Leshan Giantstar Farming & Husbandry Corp Ltd
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