CHEERWIN GRP. -0000002 (1RQ) - Net Assets
Based on the latest financial reports, CHEERWIN GRP. -0000002 (1RQ) has net assets worth €3.05 Billion EUR (≈ $3.57 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.68 Billion ≈ $4.30 Billion USD) and total liabilities (€624.31 Million ≈ $729.89 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 CHEERWIN GRP. -0000002 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.05 Billion |
| % of Total Assets | 83.02% |
| Annual Growth Rate | 3.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.93 |
CHEERWIN GRP. -0000002 - Net Assets Trend (2021–2024)
This chart illustrates how CHEERWIN GRP. -0000002's net assets have evolved over time, based on quarterly financial data. Also explore CHEERWIN GRP. -0000002 total assets for the complete picture of this company's asset base.
Annual Net Assets for CHEERWIN GRP. -0000002 (2021–2024)
The table below shows the annual net assets of CHEERWIN GRP. -0000002 from 2021 to 2024. For live valuation and market cap data, see how much is CHEERWIN GRP. -0000002 worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.99 Billion ≈ $3.49 Billion |
+1.76% |
| 2023-12-31 | €2.94 Billion ≈ $3.43 Billion |
+4.00% |
| 2022-12-31 | €2.82 Billion ≈ $3.30 Billion |
+3.27% |
| 2021-12-31 | €2.74 Billion ≈ $3.20 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to CHEERWIN GRP. -0000002'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 41.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €340.20 Million | 11.37% |
| Other Components | €2.65 Billion | 88.63% |
| Total Equity | €2.99 Billion | 100.00% |
CHEERWIN GRP. -0000002 Competitors by Market Cap
The table below lists competitors of CHEERWIN GRP. -0000002 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Borussia Dortmund GmbH & Co KGaA
XETRA:BVB
|
$339.41 Million |
|
AB Traction
ST:TRAC-B
|
$339.69 Million |
|
Shanghai Aiyingshi Co Ltd
SHG:603214
|
$339.77 Million |
|
Australian Ethical Investment Ltd
AU:AEF
|
$339.89 Million |
|
VRG SA
WAR:VRG
|
$339.40 Million |
|
Claros Mortgage Trust Inc
NYSE:CMTG
|
$339.33 Million |
|
Guangzhou Jet Bio-Filtration Co Ltd
SHG:688026
|
$339.32 Million |
|
Provident Agro Tbk
JK:PALM
|
$339.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHEERWIN GRP. -0000002's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,927,365,000 to 2,990,882,000, a change of 63,517,000 (2.2%).
- Net income of 203,379,000 contributed positively to equity growth.
- Dividend payments of 157,066,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €203.38 Million | +6.8% |
| Dividends Paid | €157.07 Million | -5.25% |
| Other Changes | €17.20 Million | +0.58% |
| Total Change | €- | 2.17% |
Book Value vs Market Value Analysis
This analysis compares CHEERWIN GRP. -0000002'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: 0.11x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €2.05 | €0.25 | x |
| 2022-12-31 | €2.11 | €0.25 | x |
| 2023-12-31 | €2.20 | €0.25 | x |
| 2024-12-31 | €2.24 | €0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHEERWIN GRP. -0000002 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): 6.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.17%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.27x
- Recent ROE (6.80%) is above the historical average (4.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.37% | 5.21% | 0.52x | 1.25x | €-181.28 Million |
| 2022 | 2.35% | 4.57% | 0.40x | 1.27x | €-215.63 Million |
| 2023 | 5.98% | 10.83% | 0.42x | 1.31x | €-117.72 Million |
| 2024 | 6.80% | 11.17% | 0.48x | 1.27x | €-95.71 Million |
Industry Comparison
This section compares CHEERWIN GRP. -0000002's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $5,516,869,656
- Average return on equity (ROE) among peers: 11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHEERWIN GRP. -0000002 (1RQ) | €3.05 Billion | 3.37% | 0.20x | $339.41 Million |
| APOLLO GROUP-A (APO) | $-364.10K | 0.00% | 0.00x | $2.27 Million |
| Beiersdorf Aktiengesellschaft (BEI) | $5.65 Billion | 12.89% | 0.57x | $16.50 Billion |
| Beiersdorf Aktiengesellschaft (BEIA) | $6.26 Billion | 8.94% | 0.63x | $16.45 Billion |
| SOC.BIC UNS.ADR1/2/EO382 (BIF0) | $1.87 Billion | 10.64% | 0.44x | $2.30 Billion |
| edding AG (EDD3) | $54.99 Million | 13.18% | 0.80x | $19.25 Million |
| Henkel AG & Co. KGaA vz. (Pref Shares) (HEN3) | $19.79 Billion | 8.26% | 0.65x | $12.30 Billion |
| Hengan International Group Company Limited (HGNC) | $14.76 Billion | 24.37% | 1.31x | $3.58 Billion |
| Helen of Troy Limited (HT2) | $1.16 Billion | 13.11% | 0.64x | $353.75 Million |
| Leifheit Aktiengesellschaft (LEI) | $104.62 Million | 13.89% | 1.29x | $142.42 Million |
About CHEERWIN GRP. -0000002
Cheerwin Group Limited, an investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People's Republic of China. The company offers plastic daily cleaning products and auto accessories; baby products; testing, consultation, and marketing services. It also provides i… Read more