Anji Foodstuff Co Ltd (603696) - Net Assets

Latest as of June 2025: CN¥570.87 Million CNY ≈ $83.54 Million USD

Based on the latest financial reports, Anji Foodstuff Co Ltd (603696) has net assets worth CN¥570.87 Million CNY (≈ $83.54 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¥601.26 Million ≈ $87.98 Million USD) and total liabilities (CN¥30.40 Million ≈ $4.45 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 Anji Foodstuff Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥570.87 Million
% of Total Assets 94.94%
Annual Growth Rate 7.53%
5-Year Change 2.34%
10-Year Change -13.82%
Growth Volatility 26.24

Anji Foodstuff Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Anji Foodstuff Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 603696 total assets for the complete picture of this company's asset base.

Annual Net Assets for Anji Foodstuff Co Ltd (2012–2024)

The table below shows the annual net assets of Anji Foodstuff Co Ltd from 2012 to 2024. For live valuation and market cap data, see how much is Anji Foodstuff Co Ltd worth.

Year Net Assets Change
2024-12-31 CN¥578.87 Million
≈ $84.71 Million		 +3.88%
2023-12-31 CN¥557.28 Million
≈ $81.55 Million		 +3.72%
2022-12-31 CN¥537.29 Million
≈ $78.62 Million		 -2.09%
2021-12-31 CN¥548.75 Million
≈ $80.30 Million		 -2.98%
2020-12-31 CN¥565.62 Million
≈ $82.77 Million		 -4.31%
2019-12-31 CN¥591.09 Million
≈ $86.50 Million		 -8.60%
2018-12-31 CN¥646.69 Million
≈ $94.63 Million		 -10.23%
2017-12-31 CN¥720.41 Million
≈ $105.42 Million		 +3.20%
2016-12-31 CN¥698.07 Million
≈ $102.15 Million		 +3.93%
2015-12-31 CN¥671.70 Million
≈ $98.29 Million		 +91.29%
2014-12-31 CN¥351.15 Million
≈ $51.38 Million		 +19.14%
2013-12-31 CN¥294.73 Million
≈ $43.13 Million		 +21.74%
2012-12-31 CN¥242.10 Million
≈ $35.43 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Anji Foodstuff 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 19.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥78.99 Million 13.65%
Other Components CN¥499.88 Million 86.35%
Total Equity CN¥578.87 Million 100.00%

Anji Foodstuff Co Ltd Competitors by Market Cap

The table below lists competitors of Anji Foodstuff Co Ltd ranked by their market capitalization.

Company Market Cap
Peet Ltd
AU:PPC
 $548.22 Million
Merida Industry Co Ltd
TW:9914
 $548.22 Million
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
 $548.32 Million
Blumar
SN:BLUMAR
 $548.43 Million
Man Infraconstruction Limited
NSE:MANINFRA
 $547.83 Million
Southern Cable Group Bhd
KLSE:0225
 $547.77 Million
Lafang China
SHG:603630
 $547.70 Million
Gazit Globe Ltd
TA:GZT
 $547.65 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Anji Foodstuff Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 557,279,347 to 578,874,920, a change of 21,595,573 (3.9%).
  • Net income of 38,333,533 contributed positively to equity growth.
  • Dividend payments of 17,640,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥38.33 Million +6.62%
Dividends Paid CN¥17.64 Million -3.05%
Other Changes CN¥902.04K +0.16%
Total Change CN¥- 3.88%

Book Value vs Market Value Analysis

This analysis compares Anji Foodstuff 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: 6.47x
  • 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 increased from 5.20x to 6.47x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥3.06 CN¥15.92 x
2018-12-31 CN¥2.75 CN¥15.92 x
2019-12-31 CN¥2.51 CN¥15.92 x
2020-12-31 CN¥2.40 CN¥15.92 x
2021-12-31 CN¥2.33 CN¥15.92 x
2022-12-31 CN¥2.28 CN¥15.92 x
2023-12-31 CN¥2.37 CN¥15.92 x
2024-12-31 CN¥2.46 CN¥15.92 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Anji Foodstuff 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): 6.62%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.32%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 1.07x
  • Recent ROE (6.62%) is above the historical average (6.52%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 7.91% 19.98% 0.38x 1.05x CN¥-14.01 Million
2016 5.84% 15.77% 0.35x 1.07x CN¥-29.01 Million
2017 5.72% 16.25% 0.33x 1.06x CN¥-30.80 Million
2018 6.11% 11.65% 0.49x 1.08x CN¥-25.19 Million
2019 7.24% 10.16% 0.66x 1.08x CN¥-16.31 Million
2020 9.34% 12.56% 0.67x 1.11x CN¥-3.74 Million
2021 8.27% 8.27% 0.86x 1.17x CN¥-9.48 Million
2022 2.58% 2.48% 0.89x 1.17x CN¥-39.89 Million
2023 5.58% 4.92% 1.01x 1.13x CN¥-24.64 Million
2024 6.62% 6.32% 0.98x 1.07x CN¥-19.55 Million

Industry Comparison

This section compares Anji Foodstuff 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
Anji Foodstuff Co Ltd (603696) CN¥570.87 Million 7.91% 0.05x $547.92 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 Anji Foodstuff Co Ltd

SHG:603696 China Packaged Foods
Market Cap
$547.92 Million
CN¥3.74 Billion CNY
Market Cap Rank
#12073 Global
#3714 in China
Share Price
CN¥15.92
Change (1 day)
+2.18%
52-Week Range
CN¥10.60 - CN¥26.88
All Time High
CN¥27.32
Categories
Companies in China Packaged Foods
About

Anji Foodstuff Co., Ltd engages in the research and development, production, and sale of condiments in China and internationally. The company offers seasoning powders, including pork ribs flavor king seasoning, big bone soup seasoning, beef flavor, chicken powder, stir fried chicken powder, and seafood seasoning; natural extract seasoning products, such as mushroom, seafood, scallop, main flavori… Read more