Wei Long Grape Wine Co Ltd
WEILONG GRAPE WINE CO., Ltd processes, produces, and sells wines in China. The company operates through two segments, Wine Production and Sales; and Agricultural and Animal Husbandry Production. It offers organic, red, white, green, rosé, sweet, and sparkling, as well as organic, traditional, and grape distilled wines; grape special wine; and brandy. The company is also engaged in grape and orang… Read more
Wei Long Grape Wine Co Ltd (603779) - Net Assets
Latest net assets as of September 2025: CN¥547.19 Million CNY
Based on the latest financial reports, Wei Long Grape Wine Co Ltd (603779) has net assets worth CN¥547.19 Million 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¥1.05 Billion) and total liabilities (CN¥501.86 Million). 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¥547.19 Million |
| % of Total Assets | 52.16% |
| Annual Growth Rate | 4.0% |
| 5-Year Change | -51.91% |
| 10-Year Change | 4.5% |
| Growth Volatility | 28.69 |
Wei Long Grape Wine Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Wei Long Grape Wine Co 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 Wei Long Grape Wine Co Ltd (2011–2024)
The table below shows the annual net assets of Wei Long Grape Wine Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥553.65 Million | -1.15% |
| 2023-12-31 | CN¥560.10 Million | -20.85% |
| 2022-12-31 | CN¥707.68 Million | +2.51% |
| 2021-12-31 | CN¥690.32 Million | -40.04% |
| 2020-12-31 | CN¥1.15 Billion | -15.33% |
| 2019-12-31 | CN¥1.36 Billion | -3.40% |
| 2018-12-31 | CN¥1.41 Billion | +1.30% |
| 2017-12-31 | CN¥1.39 Billion | +77.59% |
| 2016-12-31 | CN¥782.44 Million | +47.69% |
| 2015-12-31 | CN¥529.78 Million | +8.57% |
| 2014-12-31 | CN¥487.97 Million | +7.80% |
| 2013-12-31 | CN¥452.68 Million | +8.49% |
| 2012-12-31 | CN¥417.27 Million | +25.57% |
| 2011-12-31 | CN¥332.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wei Long Grape Wine 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 decreased by 325.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥332.08 Million | 60.00% |
| Other Comprehensive Income | CN¥20.41 Million | 3.69% |
| Other Components | CN¥567.58 Million | 102.55% |
| Total Equity | CN¥553.49 Million | 100.00% |
Wei Long Grape Wine Co Ltd Competitors by Market Cap
The table below lists competitors of Wei Long Grape Wine Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Humble Group AB (publ)
F:B39
|
$186.34 Million |
|
Shinfox Energy Co Ltd
TW:6806
|
$186.41 Million |
|
Uchi Technologies Bhd
KLSE:7100
|
$186.44 Million |
|
Chongqing Wanli New Energy Co Ltd
SHG:600847
|
$186.44 Million |
|
Changsha Kaiyuan Instruments
SHE:300338
|
$186.30 Million |
|
Wuxi Smart Auto-control Engineering Co Ltd
SHE:002877
|
$186.29 Million |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
$186.28 Million |
|
Techpoint Inc
PINK:THPTF
|
$186.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wei Long Grape Wine Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 559,941,873 to 553,487,344, a change of -6,454,529 (-1.2%).
- Net income of 10,261,580 contributed positively to equity growth.
- Dividend payments of 14,587,437 reduced retained earnings.
- Other comprehensive income increased equity by 47,011,506.
- Other factors decreased equity by 49,140,178.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥10.26 Million | +1.85% |
| Dividends Paid | CN¥14.59 Million | -2.64% |
| Other Comprehensive Income | CN¥47.01 Million | +8.49% |
| Other Changes | CN¥-49.14 Million | -8.88% |
| Total Change | CN¥- | -1.15% |
Book Value vs Market Value Analysis
This analysis compares Wei Long Grape Wine 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: 4.20x
- 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 decreased from 4.43x to 4.20x 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¥1.53 | CN¥6.79 | x |
| 2012-12-31 | CN¥1.93 | CN¥6.79 | x |
| 2013-12-31 | CN¥2.12 | CN¥6.79 | x |
| 2014-12-31 | CN¥2.29 | CN¥6.79 | x |
| 2015-12-31 | CN¥2.45 | CN¥6.79 | x |
| 2016-12-31 | CN¥3.03 | CN¥6.79 | x |
| 2017-12-31 | CN¥4.68 | CN¥6.79 | x |
| 2018-12-31 | CN¥6.00 | CN¥6.79 | x |
| 2019-12-31 | CN¥4.09 | CN¥6.79 | x |
| 2020-12-31 | CN¥3.47 | CN¥6.79 | x |
| 2021-12-31 | CN¥2.08 | CN¥6.79 | x |
| 2022-12-31 | CN¥2.13 | CN¥6.79 | x |
| 2023-12-31 | CN¥1.70 | CN¥6.79 | x |
| 2024-12-31 | CN¥1.62 | CN¥6.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wei Long Grape Wine 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): 1.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.31%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.95x
- Recent ROE (1.85%) is above the historical average (-0.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 35.07% | 13.94% | 0.58x | 4.37x | CN¥83.31 Million |
| 2012 | 20.36% | 10.65% | 0.52x | 3.66x | CN¥43.25 Million |
| 2013 | 7.82% | 4.98% | 0.45x | 3.51x | CN¥-9.86 Million |
| 2014 | 7.23% | 4.94% | 0.48x | 3.02x | CN¥-13.51 Million |
| 2015 | 7.89% | 5.67% | 0.50x | 2.76x | CN¥-11.17 Million |
| 2016 | 7.51% | 7.52% | 0.52x | 1.93x | CN¥-19.45 Million |
| 2017 | 4.57% | 7.64% | 0.44x | 1.36x | CN¥-75.49 Million |
| 2018 | 3.67% | 6.55% | 0.37x | 1.50x | CN¥-89.12 Million |
| 2019 | -1.90% | -3.88% | 0.32x | 1.51x | CN¥-161.84 Million |
| 2020 | -19.09% | -55.99% | 0.21x | 1.64x | CN¥-334.90 Million |
| 2021 | -59.98% | -87.35% | 0.33x | 2.07x | CN¥-483.07 Million |
| 2022 | 1.67% | 2.36% | 0.35x | 2.03x | CN¥-58.97 Million |
| 2023 | -27.70% | -40.31% | 0.34x | 2.05x | CN¥-211.12 Million |
| 2024 | 1.85% | 2.31% | 0.41x | 1.95x | CN¥-45.09 Million |
Industry Comparison
This section compares Wei Long Grape Wine Co Ltd's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $7,937,637,780
- Average return on equity (ROE) among peers: 16.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wei Long Grape Wine Co Ltd (603779) | CN¥547.19 Million | 35.07% | 0.92x | $186.33 Million |
| Luzhou Lao Jiao Co Ltd (000568) | $235.40 Million | 25.02% | 1.14x | $10.63 Billion |
| Jiugui Liquor Co Ltd (000799) | $4.15 Billion | 25.26% | 0.41x | $1.44 Billion |
| Wuliangye Yibin Co Ltd (000858) | $3.19 Billion | 24.07% | 0.44x | $24.90 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $7.46 Billion | 10.85% | 1.95x | $880.58 Million |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $1.44 Billion | 7.71% | 0.27x | $860.99 Million |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $52.05 Billion | 19.24% | 0.34x | $3.60 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $4.70 Billion | 15.31% | 0.73x | $1.25 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $2.80 Billion | 3.20% | 0.19x | $324.05 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $785.49 Million | 22.16% | 0.82x | $2.43 Billion |
| Vats Liquor Chain Store Management Joint Stock Co Ltd (300755) | $2.56 Billion | 12.49% | 0.62x | $218.25 Million |