Bestore Co Ltd (603719) - Net Assets
Based on the latest financial reports, Bestore Co Ltd (603719) has net assets worth CN¥2.03 Billion CNY (≈ $296.48 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¥3.71 Billion ≈ $543.55 Million USD) and total liabilities (CN¥1.69 Billion ≈ $247.07 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 Bestore Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.03 Billion |
| % of Total Assets | 54.54% |
| Annual Growth Rate | 25.47% |
| 5-Year Change | 7.64% |
| 10-Year Change | N/A |
| Growth Volatility | 31.95 |
Bestore Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Bestore Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Bestore Co Ltd (603719) total assets for the complete picture of this company's asset base.
Annual Net Assets for Bestore Co Ltd (2015–2024)
The table below shows the annual net assets of Bestore Co Ltd from 2015 to 2024. For live valuation and market cap data, see Bestore Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.24 Billion ≈ $328.49 Million |
-9.76% |
| 2023-12-31 | CN¥2.49 Billion ≈ $364.00 Million |
+3.74% |
| 2022-12-31 | CN¥2.40 Billion ≈ $350.88 Million |
+11.31% |
| 2021-12-31 | CN¥2.15 Billion ≈ $315.22 Million |
+3.29% |
| 2020-12-31 | CN¥2.09 Billion ≈ $305.17 Million |
+42.34% |
| 2019-12-31 | CN¥1.47 Billion ≈ $214.40 Million |
+30.97% |
| 2018-12-31 | CN¥1.12 Billion ≈ $163.70 Million |
+30.76% |
| 2017-12-31 | CN¥855.57 Million ≈ $125.20 Million |
+104.29% |
| 2016-12-31 | CN¥418.80 Million ≈ $61.28 Million |
+43.89% |
| 2015-12-31 | CN¥291.06 Million ≈ $42.59 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bestore 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 2688.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.03 Billion | 45.74% |
| Common Stock | CN¥401.00 Million | 17.88% |
| Other Components | CN¥816.09 Million | 36.38% |
| Total Equity | CN¥2.24 Billion | 100.00% |
Bestore Co Ltd Competitors by Market Cap
The table below lists competitors of Bestore Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
$651.02 Million |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA-R
|
$651.11 Million |
|
Chin-Poon Industrial Co Ltd
TW:2355
|
$651.21 Million |
|
Solarvest Holdings Bhd
KLSE:0215
|
$651.24 Million |
|
Sonida Senior Living Inc
NYSE:SNDA
|
$650.74 Million |
|
Anhui Landun Photoelectron Co Ltd
SHE:300862
|
$650.53 Million |
|
Dalian Sunasia Tourism Holding Co Ltd
SHG:600593
|
$650.53 Million |
|
Solus Advanced Materials Co Ltd
KO:336370
|
$649.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bestore Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,489,308,020 to 2,243,055,222, a change of -246,252,798 (-9.9%).
- Net loss of 46,104,461 reduced equity.
- Dividend payments of 189,485,687 reduced retained earnings.
- Share repurchases of 43,045,920 reduced equity.
- Other comprehensive income decreased equity by 147,001,762.
- Other factors increased equity by 179,385,032.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-46.10 Million | -2.06% |
| Dividends Paid | CN¥189.49 Million | -8.45% |
| Share Repurchases | CN¥43.05 Million | -1.92% |
| Other Comprehensive Income | CN¥-147.00 Million | -6.55% |
| Other Changes | CN¥179.39 Million | +8.0% |
| Total Change | CN¥- | -9.89% |
Book Value vs Market Value Analysis
This analysis compares Bestore 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: 1.90x
- 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 13.85x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥0.80 | CN¥11.09 | x |
| 2016-12-31 | CN¥1.15 | CN¥11.09 | x |
| 2017-12-31 | CN¥2.40 | CN¥11.09 | x |
| 2018-12-31 | CN¥2.98 | CN¥11.09 | x |
| 2019-12-31 | CN¥3.53 | CN¥11.09 | x |
| 2020-12-31 | CN¥5.15 | CN¥11.09 | x |
| 2021-12-31 | CN¥5.39 | CN¥11.09 | x |
| 2022-12-31 | CN¥6.03 | CN¥11.09 | x |
| 2023-12-31 | CN¥6.21 | CN¥11.09 | x |
| 2024-12-31 | CN¥5.84 | CN¥11.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bestore 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): -2.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.64%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 2.10x
- Recent ROE (-2.06%) is below the historical average (14.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 16.21% | 1.44% | 1.74x | 6.45x | CN¥17.38 Million |
| 2016 | 24.66% | 2.31% | 1.65x | 6.48x | CN¥58.83 Million |
| 2017 | 4.59% | 0.71% | 1.84x | 3.53x | CN¥-45.37 Million |
| 2018 | 22.16% | 3.74% | 2.00x | 2.96x | CN¥130.87 Million |
| 2019 | 24.04% | 4.41% | 2.01x | 2.71x | CN¥198.79 Million |
| 2020 | 16.62% | 4.35% | 1.89x | 2.02x | CN¥136.88 Million |
| 2021 | 13.12% | 3.02% | 1.72x | 2.53x | CN¥66.97 Million |
| 2022 | 13.99% | 3.55% | 1.87x | 2.10x | CN¥95.60 Million |
| 2023 | 7.24% | 2.24% | 1.46x | 2.22x | CN¥-68.64 Million |
| 2024 | -2.06% | -0.64% | 1.52x | 2.10x | CN¥-270.41 Million |
Industry Comparison
This section compares Bestore 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 |
|---|---|---|---|---|
| Bestore Co Ltd (603719) | CN¥2.03 Billion | 16.21% | 0.83x | $650.75 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 Bestore Co Ltd
Bestore Co.,Ltd engages in the production, sale, and distribution of snack foods. It offers meat snacks, seafood snacks, vegetarian mountain delicacies, preserved plums, dried red dates, nuts, roasted seeds and nuts, beverages, candies, canned jelly, cheese and fish intestines, baked cakes, biscuits, and gift boxes. It also offers its products through online e-commerce. The company was founded in… Read more