Suzhou Weizhixiang Food Co. Ltd. (605089) - Net Assets
Based on the latest financial reports, Suzhou Weizhixiang Food Co. Ltd. (605089) has net assets worth CN¥1.20 Billion CNY (≈ $176.20 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¥1.28 Billion ≈ $187.14 Million USD) and total liabilities (CN¥74.73 Million ≈ $10.94 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 605089 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.20 Billion |
| % of Total Assets | 94.16% |
| Annual Growth Rate | 35.59% |
| 5-Year Change | 212.02% |
| 10-Year Change | N/A |
| Growth Volatility | 76.62 |
Suzhou Weizhixiang Food Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Suzhou Weizhixiang Food Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 605089 total assets for the complete picture of this company's asset base.
Annual Net Assets for Suzhou Weizhixiang Food Co. Ltd. (2019–2024)
The table below shows the annual net assets of Suzhou Weizhixiang Food Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see Suzhou Weizhixiang Food Co. Ltd. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion ≈ $178.68 Million |
-3.79% |
| 2023-12-31 | CN¥1.27 Billion ≈ $185.72 Million |
+4.57% |
| 2022-12-31 | CN¥1.21 Billion ≈ $177.61 Million |
+3.69% |
| 2021-12-31 | CN¥1.17 Billion ≈ $171.29 Million |
+199.13% |
| 2020-12-31 | CN¥391.33 Million ≈ $57.26 Million |
+46.96% |
| 2019-12-31 | CN¥266.28 Million ≈ $38.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou Weizhixiang 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 198.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥438.19 Million | 35.89% |
| Other Components | CN¥782.86 Million | 64.11% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Suzhou Weizhixiang Food Co. Ltd. Competitors by Market Cap
The table below lists competitors of Suzhou Weizhixiang Food Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yaari Digital Integrated Services Limited
NSE:YAARI
|
$528.49 Million |
|
Hainan Shuangcheng Pharmaceut
SHE:002693
|
$528.54 Million |
|
Wuhan DDMC Culture Co Ltd
SHG:600136
|
$528.59 Million |
|
Royal Group Co Ltd
SHE:002329
|
$528.64 Million |
|
Luoyang Jalon Micro-Nano New Materials Co Ltd
SHG:688357
|
$528.28 Million |
|
Bank Maspion Indonesia PT
JK:BMAS
|
$528.25 Million |
|
AB Sagax (publ)
ST:SAGA-A
|
$528.19 Million |
|
Xilinmen Furniture Co Ltd
SHG:603008
|
$528.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Weizhixiang Food Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,269,178,496 to 1,221,048,268, a change of -48,130,229 (-3.8%).
- Net income of 87,528,519 contributed positively to equity growth.
- Dividend payments of 96,414,672 reduced retained earnings.
- Other factors decreased equity by 39,244,076.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥87.53 Million | +7.17% |
| Dividends Paid | CN¥96.41 Million | -7.9% |
| Other Changes | CN¥-39.24 Million | -3.21% |
| Total Change | CN¥- | -3.79% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Weizhixiang 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: 2.96x
- 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 7.37x to 2.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.55 | CN¥26.17 | x |
| 2020-12-31 | CN¥3.78 | CN¥26.17 | x |
| 2021-12-31 | CN¥8.48 | CN¥26.17 | x |
| 2022-12-31 | CN¥8.80 | CN¥26.17 | x |
| 2023-12-31 | CN¥9.20 | CN¥26.17 | x |
| 2024-12-31 | CN¥8.85 | CN¥26.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Weizhixiang 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): 7.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.02%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.11x
- Recent ROE (7.17%) is below the historical average (17.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 32.39% | 15.90% | 1.79x | 1.14x | CN¥59.62 Million |
| 2020 | 31.96% | 20.09% | 1.46x | 1.09x | CN¥85.92 Million |
| 2021 | 11.33% | 17.35% | 0.62x | 1.05x | CN¥15.58 Million |
| 2022 | 11.80% | 17.94% | 0.61x | 1.07x | CN¥21.80 Million |
| 2023 | 10.67% | 16.95% | 0.58x | 1.09x | CN¥8.50 Million |
| 2024 | 7.17% | 13.02% | 0.50x | 1.11x | CN¥-34.58 Million |
Industry Comparison
This section compares Suzhou Weizhixiang 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 |
|---|---|---|---|---|
| Suzhou Weizhixiang Food Co. Ltd. (605089) | CN¥1.20 Billion | 32.39% | 0.06x | $528.47 Million |
| 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 Suzhou Weizhixiang Food Co. Ltd.
Suzhou Weizhixiang Food Co., Ltd. engages in research, development, production, and sales of semi-finished vegetables. The company offers rich products comprising of beef, mutton, and pork, as well as provides poultry and aquatic related products. It sells its products through the Weizhixiang and Yuyu brand names. Suzhou Weizhixiang Food Co., Ltd. was founded in 2008 and is based in Suzhou, China.