Wei Long Grape Wine Co Ltd (603779) - Net Assets
Based on the latest financial reports, Wei Long Grape Wine Co Ltd (603779) has net assets worth CN¥490.08 Million CNY (≈ $71.71 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥953.13 Million ≈ $139.47 Million USD) and total liabilities (CN¥463.06 Million ≈ $67.76 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. Explore Wei Long Grape Wine Co Ltd cash conversion from operations to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥490.08 Million |
| % of Total Assets | 51.42% |
| Annual Growth Rate | 2.92% |
| 5-Year Change | -27.98% |
| 10-Year Change | -36.46% |
| Growth Volatility | 28.02 |
Wei Long Grape Wine Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Wei Long Grape Wine Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Wei Long Grape Wine Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Wei Long Grape Wine Co Ltd (2011–2025)
The table below shows the annual net assets of Wei Long Grape Wine Co Ltd from 2011 to 2025. For live valuation and market cap data, see Wei Long Grape Wine Co Ltd (603779) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥497.20 Million ≈ $72.76 Million |
-10.20% |
| 2024-12-31 | CN¥553.65 Million ≈ $81.02 Million |
-1.15% |
| 2023-12-31 | CN¥560.10 Million ≈ $81.96 Million |
-20.85% |
| 2022-12-31 | CN¥707.68 Million ≈ $103.56 Million |
+2.51% |
| 2021-12-31 | CN¥690.32 Million ≈ $101.01 Million |
-40.04% |
| 2020-12-31 | CN¥1.15 Billion ≈ $168.48 Million |
-15.33% |
| 2019-12-31 | CN¥1.36 Billion ≈ $198.97 Million |
-3.40% |
| 2018-12-31 | CN¥1.41 Billion ≈ $205.98 Million |
+1.30% |
| 2017-12-31 | CN¥1.39 Billion ≈ $203.34 Million |
+77.59% |
| 2016-12-31 | CN¥782.44 Million ≈ $114.50 Million |
+47.69% |
| 2015-12-31 | CN¥529.78 Million ≈ $77.52 Million |
+8.57% |
| 2014-12-31 | CN¥487.97 Million ≈ $71.41 Million |
+7.80% |
| 2013-12-31 | CN¥452.68 Million ≈ $66.24 Million |
+8.49% |
| 2012-12-31 | CN¥417.27 Million ≈ $61.06 Million |
+25.57% |
| 2011-12-31 | CN¥332.30 Million ≈ $48.63 Million |
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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 366.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥929.67 Million | 187.04% |
| Total Equity | CN¥497.04 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 |
|---|---|
|
Taiwan Sakura Corp
TW:9911
|
$568.56 Million |
|
Xiamen Xindeco Ltd
SHE:000701
|
$568.63 Million |
|
MH Robot & Automation Co. Ltd.
SHE:301199
|
$569.00 Million |
|
Sunny Loan Top Co Ltd
SHG:600830
|
$569.08 Million |
|
More Provident Funds
TA:MPP
|
$568.53 Million |
|
VP Bank AG
F:3VFN
|
$568.46 Million |
|
Octopus Apollo VCT PLC
LSE:OAP3
|
$568.34 Million |
|
FIREWEED METALS CORP.
F:M0G
|
$568.32 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 2024 to 2025, total equity changed from 553,487,344 to 497,037,421, a change of -56,449,923 (-10.2%).
- Net loss of 63,059,593 reduced equity.
- Dividend payments of 9,815,077 reduced retained earnings.
- Other comprehensive income decreased equity by 20,411,546.
- Other factors increased equity by 36,836,292.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-63.06 Million | -12.69% |
| Dividends Paid | CN¥9.82 Million | -1.97% |
| Other Comprehensive Income | CN¥-20.41 Million | -4.11% |
| Other Changes | CN¥36.84 Million | +7.41% |
| Total Change | CN¥- | -10.20% |
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: 7.82x
- 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 7.63x to 7.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.53 | CN¥11.70 | x |
| 2012-12-31 | CN¥1.93 | CN¥11.70 | x |
| 2013-12-31 | CN¥2.12 | CN¥11.70 | x |
| 2014-12-31 | CN¥2.29 | CN¥11.70 | x |
| 2015-12-31 | CN¥2.45 | CN¥11.70 | x |
| 2016-12-31 | CN¥3.03 | CN¥11.70 | x |
| 2017-12-31 | CN¥4.68 | CN¥11.70 | x |
| 2018-12-31 | CN¥4.14 | CN¥11.70 | x |
| 2019-12-31 | CN¥4.21 | CN¥11.70 | x |
| 2020-12-31 | CN¥3.46 | CN¥11.70 | x |
| 2021-12-31 | CN¥2.07 | CN¥11.70 | x |
| 2022-12-31 | CN¥2.40 | CN¥11.70 | x |
| 2023-12-31 | CN¥1.70 | CN¥11.70 | x |
| 2024-12-31 | CN¥1.62 | CN¥11.70 | x |
| 2025-12-31 | CN¥1.50 | CN¥11.70 | 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): -12.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.35%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.98x
- Recent ROE (-12.69%) is below the historical average (-1.58%), 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 | 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 |
| 2025 | -12.69% | -17.35% | 0.37x | 1.98x | CN¥-112.76 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: $13,196,906,223
- Average return on equity (ROE) among peers: 16.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wei Long Grape Wine Co Ltd (603779) | CN¥490.08 Million | 35.07% | 0.94x | $568.55 Million |
| Luzhou Lao Jiao Co Ltd (000568) | $28.14 Billion | 28.27% | 0.54x | $19.81 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $1.14 Billion | 12.86% | 0.39x | $5.61 Billion |
| Jiugui Liquor Co Ltd (000799) | $2.86 Billion | 17.21% | 0.52x | $2.03 Billion |
| Wuliangye Yibin Co Ltd (000858) | $65.12 Billion | 20.55% | 0.32x | $47.65 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $805.53 Million | 10.44% | 0.44x | $1.23 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $9.89 Billion | 10.54% | 0.33x | $1.21 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $17.40 Billion | 28.75% | 0.62x | $9.97 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $3.77 Billion | 13.84% | 0.71x | $2.90 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $2.04 Billion | 18.29% | 0.17x | $541.94 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $810.34 Million | 0.63% | 0.65x | $861.97 Million |
About 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