Juewei Food Co Ltd (603517) - Net Assets
Based on the latest financial reports, Juewei Food Co Ltd (603517) has net assets worth CN¥6.32 Billion CNY (≈ $924.73 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¥8.36 Billion ≈ $1.22 Billion USD) and total liabilities (CN¥2.04 Billion ≈ $298.13 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 financial resilience of Juewei Food Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.32 Billion |
| % of Total Assets | 75.62% |
| Annual Growth Rate | 21.44% |
| 5-Year Change | 24.65% |
| 10-Year Change | 426.19% |
| Growth Volatility | 20.51 |
Juewei Food Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Juewei Food Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Juewei Food Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Juewei Food Co Ltd (2011–2024)
The table below shows the annual net assets of Juewei Food Co Ltd from 2011 to 2024. For live valuation and market cap data, see Juewei Food Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.22 Billion ≈ $910.28 Million |
-9.20% |
| 2023-12-31 | CN¥6.85 Billion ≈ $1.00 Billion |
-0.45% |
| 2022-12-31 | CN¥6.88 Billion ≈ $1.01 Billion |
+20.39% |
| 2021-12-31 | CN¥5.72 Billion ≈ $836.51 Million |
+14.55% |
| 2020-12-31 | CN¥4.99 Billion ≈ $730.24 Million |
+9.31% |
| 2019-12-31 | CN¥4.57 Billion ≈ $668.05 Million |
+50.81% |
| 2018-12-31 | CN¥3.03 Billion ≈ $442.99 Million |
+17.58% |
| 2017-12-31 | CN¥2.57 Billion ≈ $376.77 Million |
+75.71% |
| 2016-12-31 | CN¥1.47 Billion ≈ $214.42 Million |
+23.95% |
| 2015-12-31 | CN¥1.18 Billion ≈ $172.99 Million |
+23.07% |
| 2014-12-31 | CN¥960.59 Million ≈ $140.56 Million |
+22.02% |
| 2013-12-31 | CN¥787.25 Million ≈ $115.20 Million |
+23.12% |
| 2012-12-31 | CN¥639.44 Million ≈ $93.57 Million |
+28.50% |
| 2011-12-31 | CN¥497.62 Million ≈ $72.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Juewei Food 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 4526.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.99 Billion | 47.72% |
| Common Stock | CN¥619.93 Million | 9.88% |
| Other Comprehensive Income | CN¥420.32 Million | 6.70% |
| Other Components | CN¥2.24 Billion | 35.70% |
| Total Equity | CN¥6.27 Billion | 100.00% |
Juewei Food Co Ltd Competitors by Market Cap
The table below lists competitors of Juewei Food Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Haohai Biological Tech Co
SHG:688366
|
$1.09 Billion |
|
The Karnataka Bank Limited
NSE:KTKBANK
|
$1.09 Billion |
|
OceanFirst Financial Corp
NASDAQ:OCFC
|
$1.09 Billion |
|
Tiangong International Company Limited
F:34T1
|
$1.09 Billion |
|
Nazara Technologies Limited
NSE:NAZARA
|
$1.09 Billion |
|
Teva Pharmaceutical Industries Ltd
TA:TEVA
|
$1.09 Billion |
|
Sivers IMA Holding AB
ST:SIVE
|
$1.09 Billion |
|
Shanxi Sanwei Group Co Ltd
SHE:000755
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Juewei Food Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,886,883,675 to 6,272,998,225, a change of -613,885,450 (-8.9%).
- Net income of 227,112,631 contributed positively to equity growth.
- Dividend payments of 507,605,943 reduced retained earnings.
- Share repurchases of 294,273,460 reduced equity.
- Other comprehensive income decreased equity by 56,340,039.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥227.11 Million | +3.62% |
| Dividends Paid | CN¥507.61 Million | -8.09% |
| Share Repurchases | CN¥294.27 Million | -4.69% |
| Other Comprehensive Income | CN¥-56.34 Million | -0.9% |
| Other Changes | CN¥17.22 Million | +0.27% |
| Total Change | CN¥- | -8.91% |
Book Value vs Market Value Analysis
This analysis compares Juewei Food 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: 1.23x
- 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 9.54x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.29 | CN¥12.28 | x |
| 2012-12-31 | CN¥1.26 | CN¥12.28 | x |
| 2013-12-31 | CN¥1.57 | CN¥12.28 | x |
| 2014-12-31 | CN¥1.92 | CN¥12.28 | x |
| 2015-12-31 | CN¥2.36 | CN¥12.28 | x |
| 2016-12-31 | CN¥2.92 | CN¥12.28 | x |
| 2017-12-31 | CN¥4.61 | CN¥12.28 | x |
| 2018-12-31 | CN¥5.29 | CN¥12.28 | x |
| 2019-12-31 | CN¥7.50 | CN¥12.28 | x |
| 2020-12-31 | CN¥8.16 | CN¥12.28 | x |
| 2021-12-31 | CN¥9.36 | CN¥12.28 | x |
| 2022-12-31 | CN¥10.94 | CN¥12.28 | x |
| 2023-12-31 | CN¥11.20 | CN¥12.28 | x |
| 2024-12-31 | CN¥9.94 | CN¥12.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Juewei Food 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): 3.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.63%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.31x
- Recent ROE (3.62%) is below the historical average (16.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 7.77% | 2.92% | 1.81x | 1.47x | CN¥-11.11 Million |
| 2012 | 23.74% | 7.71% | 2.16x | 1.43x | CN¥87.88 Million |
| 2013 | 24.49% | 8.49% | 1.99x | 1.45x | CN¥114.09 Million |
| 2014 | 24.60% | 8.99% | 1.93x | 1.42x | CN¥140.28 Million |
| 2015 | 25.45% | 10.30% | 1.81x | 1.36x | CN¥182.60 Million |
| 2016 | 25.95% | 11.62% | 1.67x | 1.34x | CN¥233.77 Million |
| 2017 | 19.51% | 13.03% | 1.21x | 1.24x | CN¥244.55 Million |
| 2018 | 21.18% | 14.67% | 1.14x | 1.26x | CN¥338.18 Million |
| 2019 | 17.54% | 15.49% | 0.95x | 1.20x | CN¥344.48 Million |
| 2020 | 14.13% | 13.29% | 0.89x | 1.19x | CN¥204.96 Million |
| 2021 | 17.20% | 14.98% | 0.88x | 1.30x | CN¥410.70 Million |
| 2022 | 3.40% | 3.55% | 0.75x | 1.28x | CN¥-455.83 Million |
| 2023 | 5.00% | 4.74% | 0.78x | 1.35x | CN¥-344.38 Million |
| 2024 | 3.62% | 3.63% | 0.76x | 1.31x | CN¥-400.19 Million |
Industry Comparison
This section compares Juewei Food Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,994,389,347
- Average return on equity (ROE) among peers: 11.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Juewei Food Co Ltd (603517) | CN¥6.32 Billion | 7.77% | 0.32x | $1.09 Billion |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $296.80 Million | 11.46% | 0.53x | $1.26 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $585.78 Million | -31.84% | 1.22x | $648.05 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $76.25 Million | 11.36% | 0.86x | $304.85 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $2.71 Billion | 2.87% | 0.70x | $570.04 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $256.68 Million | 54.64% | 0.92x | $499.50 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $23.15 Billion | 21.02% | 0.47x | $14.05 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $628.09 Million | 8.48% | 2.86x | $440.17 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.82 Billion | 4.59% | 0.27x | $687.56 Million |
| Qingdao Foods Co Ltd (001219) | $299.34 Million | 12.12% | 0.20x | $447.10 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $117.09 Million | 24.08% | 1.95x | $584.78 Million |
About Juewei Food Co Ltd
Juewei Food Co., Ltd. engages in the production and sale of braised food in China. It is involved in the wholesale and retail of duck food products; franchisee management; and supply chain logistics services. The company was formerly known as Hunan Juewei Foods Co., Ltd. and changed its name to Juewei Food Co., Ltd. in April 2015. Juewei Food Co., Ltd. was founded in 2005 and is headquartered in … Read more