Zhejiang Yiming Food Co. Ltd.
Zhejiang Yiming Food Co., Ltd. engages in dairy farming business in China. It offers baking, rice, and breakfast products, as well as milk, sugar, and jam fruit granules. Zhejiang Yiming Food Co., Ltd. was founded in 2005 and is headquartered in Wenzhou, China.
Zhejiang Yiming Food Co. Ltd. (605179) - Net Assets
Latest net assets as of September 2025: CN¥1.13 Billion CNY
Based on the latest financial reports, Zhejiang Yiming Food Co. Ltd. (605179) has net assets worth CN¥1.13 Billion 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¥2.92 Billion) and total liabilities (CN¥1.79 Billion). 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¥1.13 Billion |
| % of Total Assets | 38.57% |
| Annual Growth Rate | 18.06% |
| 5-Year Change | -15.03% |
| 10-Year Change | N/A |
| Growth Volatility | 32.67 |
Zhejiang Yiming Food Co. Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Zhejiang Yiming Food 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 Zhejiang Yiming Food Co. Ltd. (2016–2024)
The table below shows the annual net assets of Zhejiang Yiming Food Co. Ltd. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.10 Billion | -0.27% |
| 2023-12-31 | CN¥1.10 Billion | +2.08% |
| 2022-12-31 | CN¥1.08 Billion | -11.22% |
| 2021-12-31 | CN¥1.21 Billion | -5.99% |
| 2020-12-31 | CN¥1.29 Billion | +95.07% |
| 2019-12-31 | CN¥661.23 Million | +35.64% |
| 2018-12-31 | CN¥487.49 Million | +22.21% |
| 2017-12-31 | CN¥398.91 Million | +37.36% |
| 2016-12-31 | CN¥290.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Yiming 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 decreased by 11.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥130.49 Million | 11.91% |
| Common Stock | CN¥401.00 Million | 36.59% |
| Other Comprehensive Income | CN¥114.89 Million | 10.48% |
| Other Components | CN¥449.55 Million | 41.02% |
| Total Equity | CN¥1.10 Billion | 100.00% |
Zhejiang Yiming Food Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Yiming Food Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trusval Technology Co Ltd
TWO:6667
|
$158.26 Million |
|
Zhejiang Meilun Elevator Co Ltd
SHG:603321
|
$158.34 Million |
|
Hangzhou Zhongya Machinery Co Ltd
SHE:300512
|
$158.37 Million |
|
RoadMain T Co Ltd
SHG:603860
|
$158.38 Million |
|
Kcc Glass Corp
KO:344820
|
$158.22 Million |
|
Safilo Group S.p.A
PINK:SAFLF
|
$158.17 Million |
|
CapsoVision, Inc. Common Stock
NASDAQ:CV
|
$158.13 Million |
|
ECKOH PLC LS-0025
F:TZ5A
|
$158.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Yiming Food Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,098,908,366 to 1,095,931,245, a change of -2,977,121 (-0.3%).
- Net income of 28,943,837 contributed positively to equity growth.
- Dividend payments of 43,371,032 reduced retained earnings.
- Other comprehensive income increased equity by 114,479,180.
- Other factors decreased equity by 103,029,106.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥28.94 Million | +2.64% |
| Dividends Paid | CN¥43.37 Million | -3.96% |
| Other Comprehensive Income | CN¥114.48 Million | +10.45% |
| Other Changes | CN¥-103.03 Million | -9.4% |
| Total Change | CN¥- | -0.27% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Yiming 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: 6.81x
- 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 19.73x to 6.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥0.91 | CN¥18.05 | x |
| 2017-12-31 | CN¥1.20 | CN¥18.05 | x |
| 2018-12-31 | CN¥1.42 | CN¥18.05 | x |
| 2019-12-31 | CN¥1.65 | CN¥18.05 | x |
| 2020-12-31 | CN¥3.22 | CN¥18.05 | x |
| 2021-12-31 | CN¥3.02 | CN¥18.05 | x |
| 2022-12-31 | CN¥2.68 | CN¥18.05 | x |
| 2023-12-31 | CN¥2.97 | CN¥18.05 | x |
| 2024-12-31 | CN¥2.65 | CN¥18.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Yiming 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): 2.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.05%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.51x
- Recent ROE (2.64%) is below the historical average (16.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 51.39% | 11.90% | 1.76x | 2.45x | CN¥120.19 Million |
| 2017 | 30.01% | 7.90% | 1.74x | 2.18x | CN¥79.81 Million |
| 2018 | 32.30% | 8.97% | 1.73x | 2.08x | CN¥108.70 Million |
| 2019 | 26.31% | 8.71% | 1.44x | 2.10x | CN¥107.87 Million |
| 2020 | 10.27% | 6.80% | 0.81x | 1.87x | CN¥3.46 Million |
| 2021 | 1.67% | 0.87% | 0.84x | 2.28x | CN¥-101.00 Million |
| 2022 | -12.00% | -5.31% | 0.92x | 2.45x | CN¥-236.88 Million |
| 2023 | 2.02% | 0.84% | 0.98x | 2.46x | CN¥-87.65 Million |
| 2024 | 2.64% | 1.05% | 1.00x | 2.51x | CN¥-80.65 Million |
Industry Comparison
This section compares Zhejiang Yiming 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: $2,496,572,190
- Average return on equity (ROE) among peers: -3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Yiming Food Co. Ltd. (605179) | CN¥1.13 Billion | 51.39% | 1.59x | $158.26 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $65.61 Million | -62.17% | 1.91x | $345.26 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $199.49 Million | -32.62% | 2.81x | $346.21 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $727.64 Million | 8.49% | 0.27x | $430.25 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $16.36 Billion | 24.69% | 0.34x | $3.98 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $760.28 Million | -33.42% | 2.17x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $332.95 Million | 17.62% | 0.88x | $266.09 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.35 Billion | 9.31% | 0.15x | $160.97 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.07 Billion | 7.87% | 0.47x | $169.20 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $393.72 Million | 8.08% | 0.70x | $460.31 Million |
| Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) | $2.70 Billion | 14.52% | 0.66x | $903.18 Million |