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CNY reporting

Heilongjiang Beidahuang Agriculture · 600598.SS

Rice / corn / soybean — state-leased farmland operator (Sanjiang Plain) · Filing

Acres
2,135,000
Book / acre
Market cap (USD)
$3,674M
EV / acre (USD)
$1,616

Sector KPIsestimate

Planted area
2,500,000 ha
Production
13,500,000 MT_grain
Realized price
CNY 2650.00
Bio assets
CNY 1,850M

Tangible Balance-Sheet Assets

Asset-class composition from the latest FY filings, alongside market enterprise value for an asset-coverage view. Land at FMV when a per-property breakdown is available; other classes at filed book value.

Asset classBook (CNY M)FMV (CNY M)Note
Biological assets1,850IAS 41 fair value — standing crops / livestock
Tangible total (ex-cash)1,8501,850
+ Cash & equivalents1,5861,586
Tangible total (incl. cash)3,4363,436

Tangible book

CNY 3,436M

Market cap

CNY 24,892M

724% of tangible book

Enterprise value

CNY 23,379M

680% of tangible book

In-depth land analysis pending

Property-by-property land detail and an implied fair-market analysis haven't been compiled for 600598.SS yet. The schema and page are ready — adding content/farmland-properties/600598.SS.json will populate this page automatically.