Guangdong Investment Ltd
Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constr… Read more
Guangdong Investment Ltd (GGDVY) - Net Assets
Latest net assets as of June 2025: $55.85 Billion USD
Based on the latest financial reports, Guangdong Investment Ltd (GGDVY) has net assets worth $55.85 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 ($97.10 Billion) and total liabilities ($41.25 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 | $55.85 Billion |
| % of Total Assets | 57.52% |
| Annual Growth Rate | 10.29% |
| 5-Year Change | 1.29% |
| 10-Year Change | 52.08% |
| Growth Volatility | 31.63 |
Guangdong Investment Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Guangdong Investment 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 Guangdong Investment Ltd (1993–2024)
The table below shows the annual net assets of Guangdong Investment Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $56.68 Billion | -2.33% |
| 2023-12-31 | $58.03 Billion | -0.82% |
| 2022-12-31 | $58.51 Billion | -5.49% |
| 2021-12-31 | $61.90 Billion | +10.63% |
| 2020-12-31 | $55.96 Billion | +10.38% |
| 2019-12-31 | $50.69 Billion | +2.49% |
| 2018-12-31 | $49.46 Billion | +0.60% |
| 2017-12-31 | $49.16 Billion | +28.57% |
| 2016-12-31 | $38.24 Billion | +2.61% |
| 2015-12-31 | $37.27 Billion | +4.50% |
| 2014-12-31 | $35.66 Billion | +10.82% |
| 2013-12-31 | $32.18 Billion | +13.38% |
| 2012-12-31 | $28.38 Billion | +16.10% |
| 2011-12-31 | $24.45 Billion | +11.59% |
| 2010-12-31 | $21.91 Billion | +12.63% |
| 2009-12-31 | $19.45 Billion | +11.26% |
| 2008-12-31 | $17.48 Billion | +9.05% |
| 2007-12-31 | $16.03 Billion | +11.24% |
| 2006-12-31 | $14.41 Billion | +75.25% |
| 2005-12-31 | $8.22 Billion | +13.25% |
| 2004-12-31 | $7.26 Billion | +11.67% |
| 2003-12-31 | $6.50 Billion | -12.03% |
| 2002-12-31 | $7.39 Billion | -37.28% |
| 2001-12-31 | $11.79 Billion | +2.96% |
| 2000-12-31 | $11.45 Billion | +76.77% |
| 1999-12-31 | $6.48 Billion | -21.19% |
| 1998-12-31 | $8.22 Billion | -25.66% |
| 1997-12-31 | $11.05 Billion | +8.81% |
| 1996-12-31 | $10.16 Billion | +47.97% |
| 1995-12-31 | $6.87 Billion | +8.26% |
| 1994-12-31 | $6.34 Billion | +133.03% |
| 1993-12-31 | $2.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Investment 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 11604.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $33.64 Billion | 80.75% |
| Common Stock | $8.97 Billion | 21.52% |
| Other Comprehensive Income | $-945.47 Million | -2.27% |
| Total Equity | $41.66 Billion | 100.00% |
Guangdong Investment Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Investment Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maplebear Inc.
NASDAQ:CART
|
$6.22 Billion |
|
Ormat Technologies Inc
NYSE:ORA
|
$6.23 Billion |
|
Antofagasta PLC
PINK:ANFGF
|
$6.24 Billion |
|
The Sherwin-Williams Company
SA:S1HW34
|
$6.24 Billion |
|
Erie Indemnity Company
NASDAQ:ERIE
|
$6.21 Billion |
|
Ternium S.A
F:T5Z
|
$6.21 Billion |
|
Ibiden Co.Ltd
PINK:IBIDF
|
$6.20 Billion |
|
Lear Corporation
NYSE:LEA
|
$6.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Investment Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,802,210,000 to 41,658,024,000, a change of -144,186,000 (-0.3%).
- Net income of 3,142,138,000 contributed positively to equity growth.
- Dividend payments of 2,373,229,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,553,951,000.
- Other factors increased equity by 4,640,856,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.14 Billion | +7.54% |
| Dividends Paid | $2.37 Billion | -5.7% |
| Other Comprehensive Income | $-5.55 Billion | -13.33% |
| Other Changes | $4.64 Billion | +11.14% |
| Total Change | $- | -0.34% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Investment 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: 0.12x
- 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.
- The price-to-book ratio has increased from 0.00x to 0.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $7976.63 | $39.14 | x |
| 1994-12-31 | $14936.79 | $39.14 | x |
| 1995-12-31 | $140.99 | $39.14 | x |
| 1996-12-31 | $189.58 | $39.14 | x |
| 1997-12-31 | $180.58 | $39.14 | x |
| 1998-12-31 | $128.68 | $39.14 | x |
| 1999-12-31 | $91.57 | $39.14 | x |
| 2000-12-31 | $87.49 | $39.14 | x |
| 2001-12-31 | $68.97 | $39.14 | x |
| 2002-12-31 | $71.60 | $39.14 | x |
| 2003-12-31 | $57.02 | $39.14 | x |
| 2004-12-31 | $62.10 | $39.14 | x |
| 2005-12-31 | $67.01 | $39.14 | x |
| 2006-12-31 | $101.91 | $39.14 | x |
| 2007-12-31 | $112.52 | $39.14 | x |
| 2008-12-31 | $123.54 | $39.14 | x |
| 2009-12-31 | $136.59 | $39.14 | x |
| 2010-12-31 | $153.03 | $39.14 | x |
| 2011-12-31 | $172.71 | $39.14 | x |
| 2012-12-31 | $192.15 | $39.14 | x |
| 2013-12-31 | $218.31 | $39.14 | x |
| 2014-12-31 | $241.93 | $39.14 | x |
| 2015-12-31 | $251.24 | $39.14 | x |
| 2016-12-31 | $257.02 | $39.14 | x |
| 2017-12-31 | $311.10 | $39.14 | x |
| 2018-12-31 | $308.64 | $39.14 | x |
| 2019-12-31 | $314.76 | $39.14 | x |
| 2020-12-31 | $338.25 | $39.14 | x |
| 2021-12-31 | $353.41 | $39.14 | x |
| 2022-12-31 | $331.37 | $39.14 | x |
| 2023-12-31 | $319.70 | $39.14 | x |
| 2024-12-31 | $318.59 | $39.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Investment 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): 7.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.98%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 3.25x
- Recent ROE (7.54%) is above the historical average (7.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 13.48% | 12.01% | 0.51x | 2.22x | $85.26 Million |
| 1994 | 8.64% | 11.63% | 0.33x | 2.29x | $-69.03 Million |
| 1995 | 7.77% | 11.63% | 0.32x | 2.09x | $-125.48 Million |
| 1996 | 7.38% | 9.34% | 0.36x | 2.19x | $-214.02 Million |
| 1997 | 8.80% | 10.50% | 0.30x | 2.77x | $-101.84 Million |
| 1998 | -32.38% | -32.04% | 0.32x | 3.21x | $-2.63 Billion |
| 1999 | -52.63% | -44.65% | 0.32x | 3.72x | $-2.85 Billion |
| 2000 | -15.92% | -27.41% | 0.19x | 3.04x | $-2.21 Billion |
| 2001 | 3.13% | 3.93% | 0.22x | 3.66x | $-626.21 Million |
| 2002 | 3.80% | 4.17% | 0.70x | 1.30x | $-458.13 Million |
| 2003 | 17.02% | 21.43% | 0.79x | 1.01x | $456.44 Million |
| 2004 | 15.83% | 22.50% | 0.70x | 1.00x | $423.54 Million |
| 2005 | 15.85% | 24.83% | 0.64x | 1.00x | $481.15 Million |
| 2006 | 11.94% | 24.88% | 0.20x | 2.39x | $244.64 Million |
| 2007 | 14.25% | 29.87% | 0.22x | 2.17x | $595.40 Million |
| 2008 | 12.19% | 24.72% | 0.24x | 2.03x | $337.13 Million |
| 2009 | 12.00% | 34.56% | 0.19x | 1.81x | $341.25 Million |
| 2010 | 12.66% | 38.10% | 0.20x | 1.67x | $508.52 Million |
| 2011 | 13.86% | 41.81% | 0.21x | 1.61x | $834.23 Million |
| 2012 | 14.20% | 44.13% | 0.21x | 1.55x | $1.01 Billion |
| 2013 | 16.20% | 55.40% | 0.19x | 1.51x | $1.69 Billion |
| 2014 | 14.53% | 52.18% | 0.18x | 1.57x | $1.37 Billion |
| 2015 | 12.41% | 42.58% | 0.17x | 1.72x | $758.06 Million |
| 2016 | 13.07% | 40.25% | 0.20x | 1.62x | $989.84 Million |
| 2017 | 14.14% | 46.72% | 0.18x | 1.65x | $1.66 Billion |
| 2018 | 12.42% | 37.53% | 0.18x | 1.81x | $977.89 Million |
| 2019 | 12.26% | 30.22% | 0.22x | 1.86x | $928.73 Million |
| 2020 | 10.20% | 19.46% | 0.26x | 2.03x | $87.16 Million |
| 2021 | 10.16% | 15.81% | 0.23x | 2.81x | $75.89 Million |
| 2022 | 10.99% | 20.54% | 0.17x | 3.08x | $430.64 Million |
| 2023 | 7.47% | 12.90% | 0.17x | 3.35x | $-1.06 Billion |
| 2024 | 7.54% | 16.98% | 0.14x | 3.25x | $-1.02 Billion |
Industry Comparison
This section compares Guangdong Investment Ltd's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,225,632,883
- Average return on equity (ROE) among peers: -36.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Investment Ltd (GGDVY) | $55.85 Billion | 13.48% | 0.74x | $6.22 Billion |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $16.05 Million | -4.69% | 1.06x | $577.25 Million |
| Artesian Resources Corporation (ARTNA) | $139.02 Million | 9.32% | 2.24x | $295.24 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $15.29 Billion | 3.95% | 1.79x | $59.96 Million |
| American Water Works (AWK) | $364.50 Million | 12.87% | 2.79x | $26.06 Billion |
| Beijing Enterprises Water Group Limited (BJWTY) | $15.92 Billion | 6.81% | 1.77x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.97 Million | -121.40% | 1.43x | $284.80 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $107.34 Million | 7.01% | 0.29x | $468.34 Million |
| California Water Service Group (CWT) | $389.18 Million | 8.01% | 2.04x | $2.62 Billion |