Zhe Jiang Li Zi Yuan Food Co Ltd (605337) - Net Assets
Based on the latest financial reports, Zhe Jiang Li Zi Yuan Food Co Ltd (605337) has net assets worth CN¥1.61 Billion CNY (≈ $235.33 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¥3.20 Billion ≈ $468.24 Million USD) and total liabilities (CN¥1.59 Billion ≈ $232.91 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 Zhe Jiang Li Zi Yuan Food Co Ltd (605337) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.61 Billion |
| % of Total Assets | 50.26% |
| Annual Growth Rate | 28.03% |
| 5-Year Change | 137.12% |
| 10-Year Change | N/A |
| Growth Volatility | 37.3 |
Zhe Jiang Li Zi Yuan Food Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Zhe Jiang Li Zi Yuan Food Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Zhe Jiang Li Zi Yuan Food Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Zhe Jiang Li Zi Yuan Food Co Ltd (2016–2024)
The table below shows the annual net assets of Zhe Jiang Li Zi Yuan Food Co Ltd from 2016 to 2024. For live valuation and market cap data, see 605337 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.73 Billion ≈ $253.15 Million |
+1.44% |
| 2023-12-31 | CN¥1.71 Billion ≈ $249.56 Million |
-1.36% |
| 2022-12-31 | CN¥1.73 Billion ≈ $252.99 Million |
+7.69% |
| 2021-12-31 | CN¥1.61 Billion ≈ $234.92 Million |
+120.04% |
| 2020-12-31 | CN¥729.58 Million ≈ $106.76 Million |
+41.66% |
| 2019-12-31 | CN¥515.01 Million ≈ $75.36 Million |
+9.49% |
| 2018-12-31 | CN¥470.35 Million ≈ $68.83 Million |
+42.29% |
| 2017-12-31 | CN¥330.55 Million ≈ $48.37 Million |
+37.92% |
| 2016-12-31 | CN¥239.67 Million ≈ $35.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhe Jiang Li Zi Yuan 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 2099.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥815.51 Million | 47.14% |
| Common Stock | CN¥394.43 Million | 22.80% |
| Other Components | CN¥520.00 Million | 30.06% |
| Total Equity | CN¥1.73 Billion | 100.00% |
Zhe Jiang Li Zi Yuan Food Co Ltd Competitors by Market Cap
The table below lists competitors of Zhe Jiang Li Zi Yuan Food Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dymatic Chemicals Inc
SHE:002054
|
$619.42 Million |
|
Nuveen Dynamic Municipal Opportunities Fund
NYSE:NDMO
|
$619.56 Million |
|
Tipco Asphalt Public Company Limited
F:NVP5
|
$619.71 Million |
|
Aris Water Solutions Inc
NYSE:ARIS
|
$619.72 Million |
|
Beijing Jingyeda Technology Co Ltd
SHE:003005
|
$619.29 Million |
|
Attacq
JSE:ATT
|
$619.20 Million |
|
Kunshan Asia Aroma Corp. Ltd.
SHE:301220
|
$619.15 Million |
|
Shandong Rike Chemical
SHE:300214
|
$619.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhe Jiang Li Zi Yuan Food Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,705,416,642 to 1,729,944,512, a change of 24,527,870 (1.4%).
- Net income of 223,803,666 contributed positively to equity growth.
- Dividend payments of 196,042,679 reduced retained earnings.
- Other comprehensive income decreased equity by 124,715,372.
- Other factors increased equity by 121,482,255.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥223.80 Million | +12.94% |
| Dividends Paid | CN¥196.04 Million | -11.33% |
| Other Comprehensive Income | CN¥-124.72 Million | -7.21% |
| Other Changes | CN¥121.48 Million | +7.02% |
| Total Change | CN¥- | 1.44% |
Book Value vs Market Value Analysis
This analysis compares Zhe Jiang Li Zi Yuan 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: 2.55x
- 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 12.57x to 2.55x 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¥0.86 | CN¥10.85 | x |
| 2017-12-31 | CN¥1.18 | CN¥10.85 | x |
| 2018-12-31 | CN¥1.68 | CN¥10.85 | x |
| 2019-12-31 | CN¥1.31 | CN¥10.85 | x |
| 2020-12-31 | CN¥2.47 | CN¥10.85 | x |
| 2021-12-31 | CN¥4.07 | CN¥10.85 | x |
| 2022-12-31 | CN¥4.39 | CN¥10.85 | x |
| 2023-12-31 | CN¥4.17 | CN¥10.85 | x |
| 2024-12-31 | CN¥4.25 | CN¥10.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhe Jiang Li Zi Yuan 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): 12.94%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.82%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.73x
- Recent ROE (12.94%) is below the historical average (24.13%), 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 | 42.75% | 22.61% | 1.17x | 1.61x | CN¥78.48 Million |
| 2017 | 27.28% | 14.98% | 0.94x | 1.94x | CN¥57.12 Million |
| 2018 | 26.45% | 15.81% | 1.05x | 1.59x | CN¥77.39 Million |
| 2019 | 35.27% | 18.64% | 1.18x | 1.61x | CN¥130.15 Million |
| 2020 | 29.41% | 19.73% | 0.96x | 1.56x | CN¥141.61 Million |
| 2021 | 16.35% | 17.86% | 0.70x | 1.31x | CN¥101.95 Million |
| 2022 | 12.78% | 15.75% | 0.59x | 1.37x | CN¥48.15 Million |
| 2023 | 13.89% | 16.78% | 0.46x | 1.79x | CN¥66.42 Million |
| 2024 | 12.94% | 15.82% | 0.47x | 1.73x | CN¥50.81 Million |
Industry Comparison
This section compares Zhe Jiang Li Zi Yuan 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 |
|---|---|---|---|---|
| Zhe Jiang Li Zi Yuan Food Co Ltd (605337) | CN¥1.61 Billion | 42.75% | 0.99x | $619.36 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 Zhe Jiang Li Zi Yuan Food Co Ltd
Zhe Jiang Li Zi Yuan Food Co.,Ltd. engages in the research, production, and sale of milk-containing beverages and other beverages in China. Its products include dairy beverages, dairy products, plant-based protein beverages, compound protein beverages, fruit juice beverages, and grain-based beverages. The company was founded in 1994 and is based in Jinhua, China.