Springsnow Food Group Co Ltd
Springsnow Food Group Co., Ltd., together with its subsidiaries, engages in the research and development, production, processing, and sale of white-feather chicken foods. The company primarily offers charcoal grilled, fried, electric grilled, steamed grilled, non-fried, and other frozen and room temperature conditioning products, as well as chicken preparations and fresh products. In addition, it… Read more
Springsnow Food Group Co Ltd (605567) - Net Assets
Latest net assets as of September 2025: CN¥1.09 Billion CNY
Based on the latest financial reports, Springsnow Food Group Co Ltd (605567) has net assets worth CN¥1.09 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¥2.26 Billion) and total liabilities (CN¥1.17 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¥1.09 Billion |
| % of Total Assets | 48.3% |
| Annual Growth Rate | 27.68% |
| 5-Year Change | 118.77% |
| 10-Year Change | N/A |
| Growth Volatility | 40.05 |
Springsnow Food Group Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Springsnow Food Group 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 Springsnow Food Group Co Ltd (2017–2024)
The table below shows the annual net assets of Springsnow Food Group Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | +1.14% |
| 2023-12-31 | CN¥1.07 Billion | -7.30% |
| 2022-12-31 | CN¥1.15 Billion | +5.43% |
| 2021-12-31 | CN¥1.09 Billion | +121.31% |
| 2020-12-31 | CN¥492.70 Million | +35.26% |
| 2019-12-31 | CN¥364.26 Million | +36.56% |
| 2018-12-31 | CN¥266.74 Million | +36.94% |
| 2017-12-31 | CN¥194.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Springsnow Food Group 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 206.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥263.57 Million | 24.45% |
| Common Stock | CN¥200.00 Million | 18.56% |
| Other Components | CN¥614.30 Million | 56.99% |
| Total Equity | CN¥1.08 Billion | 100.00% |
Springsnow Food Group Co Ltd Competitors by Market Cap
The table below lists competitors of Springsnow Food Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Exzeo Group, Inc.
NYSE:XZO
|
$179.76 Million |
|
Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A
SHG:688565
|
$179.77 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
$179.80 Million |
|
Iberpapel Gestion SA
MC:IBG
|
$179.82 Million |
|
Hunan Hengguang Technology Co.Ltd.
SHE:301118
|
$179.70 Million |
|
Tukas Gida Sanayi ve Ticaret AS
IS:TUKAS
|
$179.68 Million |
|
PT Map Aktif Adiperkasa Tbk
F:JN4
|
$179.63 Million |
|
E1 Corporation
KO:017940
|
$179.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Springsnow Food Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,065,679,865 to 1,077,868,550, a change of 12,188,685 (1.1%).
- Net income of 8,165,199 contributed positively to equity growth.
- Dividend payments of 11,045,557 reduced retained earnings.
- Other comprehensive income increased equity by 3,087,551.
- Other factors increased equity by 11,981,492.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.17 Million | +0.76% |
| Dividends Paid | CN¥11.05 Million | -1.02% |
| Other Comprehensive Income | CN¥3.09 Million | +0.29% |
| Other Changes | CN¥11.98 Million | +1.11% |
| Total Change | CN¥- | 1.14% |
Book Value vs Market Value Analysis
This analysis compares Springsnow Food Group 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: 2.21x
- 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 9.06x to 2.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.29 | CN¥11.69 | x |
| 2018-12-31 | CN¥1.78 | CN¥11.69 | x |
| 2019-12-31 | CN¥2.43 | CN¥11.69 | x |
| 2020-12-31 | CN¥2.46 | CN¥11.69 | x |
| 2021-12-31 | CN¥5.45 | CN¥11.69 | x |
| 2022-12-31 | CN¥5.75 | CN¥11.69 | x |
| 2023-12-31 | CN¥5.22 | CN¥11.69 | x |
| 2024-12-31 | CN¥5.28 | CN¥11.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Springsnow Food Group 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): 0.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.32%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 2.02x
- Recent ROE (0.76%) is below the historical average (15.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 27.91% | 4.08% | 1.61x | 4.26x | CN¥34.89 Million |
| 2018 | 26.97% | 4.50% | 1.67x | 3.59x | CN¥45.27 Million |
| 2019 | 26.77% | 5.02% | 1.80x | 2.96x | CN¥61.10 Million |
| 2020 | 30.13% | 7.97% | 1.71x | 2.22x | CN¥99.17 Million |
| 2021 | 5.19% | 2.78% | 1.27x | 1.46x | CN¥-52.46 Million |
| 2022 | 6.89% | 3.18% | 1.26x | 1.72x | CN¥-35.71 Million |
| 2023 | -3.25% | -1.24% | 1.27x | 2.06x | CN¥-141.25 Million |
| 2024 | 0.76% | 0.32% | 1.15x | 2.02x | CN¥-99.62 Million |
Industry Comparison
This section compares Springsnow Food Group 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 |
|---|---|---|---|---|
| Springsnow Food Group Co Ltd (605567) | CN¥1.09 Billion | 27.91% | 1.07x | $179.73 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 |