Guangdong Macro Co Ltd (000533) - Net Assets
Based on the latest financial reports, Guangdong Macro Co Ltd (000533) has net assets worth CN¥1.12 Billion CNY (≈ $164.05 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¥2.88 Billion ≈ $422.12 Million USD) and total liabilities (CN¥1.76 Billion ≈ $258.07 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. Explore 000533 cash flow metrics to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.12 Billion |
| % of Total Assets | 38.86% |
| Annual Growth Rate | 6.56% |
| 5-Year Change | 8.48% |
| 10-Year Change | -51.28% |
| Growth Volatility | 47.89 |
Guangdong Macro Co Ltd - Net Assets Trend (1990–2024)
This chart illustrates how Guangdong Macro Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore 000533 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Guangdong Macro Co Ltd (1990–2024)
The table below shows the annual net assets of Guangdong Macro Co Ltd from 1990 to 2024. For live valuation and market cap data, see market cap of Guangdong Macro Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion ≈ $150.99 Million |
+12.34% |
| 2023-12-31 | CN¥918.45 Million ≈ $134.40 Million |
+7.56% |
| 2022-12-31 | CN¥853.87 Million ≈ $124.95 Million |
+5.06% |
| 2021-12-31 | CN¥812.74 Million ≈ $118.93 Million |
-14.55% |
| 2020-12-31 | CN¥951.12 Million ≈ $139.18 Million |
+8.71% |
| 2019-12-31 | CN¥874.93 Million ≈ $128.03 Million |
-6.91% |
| 2018-12-31 | CN¥939.91 Million ≈ $137.54 Million |
-56.87% |
| 2017-12-31 | CN¥2.18 Billion ≈ $318.87 Million |
+5.72% |
| 2016-12-31 | CN¥2.06 Billion ≈ $301.62 Million |
-2.67% |
| 2015-12-31 | CN¥2.12 Billion ≈ $309.89 Million |
+4.99% |
| 2014-12-31 | CN¥2.02 Billion ≈ $295.15 Million |
+4.73% |
| 2013-12-31 | CN¥1.93 Billion ≈ $281.83 Million |
+75.60% |
| 2012-12-31 | CN¥1.10 Billion ≈ $160.49 Million |
+7.31% |
| 2011-12-31 | CN¥1.02 Billion ≈ $149.56 Million |
+5.22% |
| 2010-12-31 | CN¥971.33 Million ≈ $142.14 Million |
+11.81% |
| 2009-12-31 | CN¥868.77 Million ≈ $127.13 Million |
+32.29% |
| 2008-12-31 | CN¥656.70 Million ≈ $96.10 Million |
+11.05% |
| 2007-12-31 | CN¥591.36 Million ≈ $86.53 Million |
+29.12% |
| 2006-12-31 | CN¥458.00 Million ≈ $67.02 Million |
+4.49% |
| 2005-12-31 | CN¥438.33 Million ≈ $64.14 Million |
-26.79% |
| 2004-12-31 | CN¥598.74 Million ≈ $87.61 Million |
+2.39% |
| 2003-12-31 | CN¥584.74 Million ≈ $85.57 Million |
+54.76% |
| 2002-12-31 | CN¥377.84 Million ≈ $55.29 Million |
+45.72% |
| 2001-12-31 | CN¥259.29 Million ≈ $37.94 Million |
-82.36% |
| 2000-12-31 | CN¥1.47 Billion ≈ $215.14 Million |
+1.30% |
| 1999-12-31 | CN¥1.45 Billion ≈ $212.38 Million |
-3.13% |
| 1998-12-31 | CN¥1.50 Billion ≈ $219.25 Million |
+16.86% |
| 1997-12-31 | CN¥1.28 Billion ≈ $187.63 Million |
+3.62% |
| 1996-12-31 | CN¥1.24 Billion ≈ $181.06 Million |
+7.82% |
| 1995-12-31 | CN¥1.15 Billion ≈ $167.93 Million |
-6.54% |
| 1994-12-31 | CN¥1.23 Billion ≈ $179.69 Million |
+19.88% |
| 1993-12-31 | CN¥1.02 Billion ≈ $149.89 Million |
+63.24% |
| 1992-12-31 | CN¥627.50 Million ≈ $91.82 Million |
+231.39% |
| 1991-12-31 | CN¥189.35 Million ≈ $27.71 Million |
+59.34% |
| 1990-12-31 | CN¥118.83 Million ≈ $17.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Macro 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 7.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥38.78 Million | 4.47% |
| Common Stock | CN¥690.82 Million | 79.55% |
| Other Comprehensive Income | CN¥113.33 Million | 13.05% |
| Other Components | CN¥25.48 Million | 2.93% |
| Total Equity | CN¥868.40 Million | 100.00% |
Guangdong Macro Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Macro Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mahanagar Gas Limited
NSE:MGL
|
$1.18 Billion |
|
Advantage Oil & Gas Ltd.
TO:AAV
|
$1.18 Billion |
|
Zhenjiang Dongfang Electric Heat
SHE:300217
|
$1.18 Billion |
|
Genius Sports Ltd
NYSE:GENI
|
$1.18 Billion |
|
Guangzhou Ruoyuchen Information Tec
SHE:003010
|
$1.18 Billion |
|
United States Steel Corp
BA:X
|
$1.18 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
$1.18 Billion |
|
GeneDx Holdings Corp.
NASDAQ:WGS
|
$1.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Macro Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 775,389,000 to 868,404,000, a change of 93,015,000 (12.0%).
- Net income of 94,052,453 contributed positively to equity growth.
- Dividend payments of 5,906,499 reduced retained earnings.
- Other comprehensive income increased equity by 1,302,092.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥94.05 Million | +10.83% |
| Dividends Paid | CN¥5.91 Million | -0.68% |
| Other Comprehensive Income | CN¥1.30 Million | +0.15% |
| Other Changes | CN¥3.57 Million | +0.41% |
| Total Change | CN¥- | 12.00% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Macro 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: 9.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 45.18x to 9.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | CN¥0.26 | CN¥11.65 | x |
| 1992-12-31 | CN¥0.87 | CN¥11.65 | x |
| 1993-12-31 | CN¥1.41 | CN¥11.65 | x |
| 1994-12-31 | CN¥1.63 | CN¥11.65 | x |
| 1995-12-31 | CN¥1.54 | CN¥11.65 | x |
| 1996-12-31 | CN¥1.56 | CN¥11.65 | x |
| 1997-12-31 | CN¥1.73 | CN¥11.65 | x |
| 1998-12-31 | CN¥1.78 | CN¥11.65 | x |
| 1999-12-31 | CN¥1.92 | CN¥11.65 | x |
| 2000-12-31 | CN¥1.78 | CN¥11.65 | x |
| 2001-12-31 | CN¥0.36 | CN¥11.65 | x |
| 2002-12-31 | CN¥0.55 | CN¥11.65 | x |
| 2003-12-31 | CN¥0.85 | CN¥11.65 | x |
| 2004-12-31 | CN¥0.87 | CN¥11.65 | x |
| 2005-12-31 | CN¥0.63 | CN¥11.65 | x |
| 2006-12-31 | CN¥0.72 | CN¥11.65 | x |
| 2007-12-31 | CN¥0.86 | CN¥11.65 | x |
| 2008-12-31 | CN¥0.92 | CN¥11.65 | x |
| 2009-12-31 | CN¥1.51 | CN¥11.65 | x |
| 2010-12-31 | CN¥1.39 | CN¥11.65 | x |
| 2011-12-31 | CN¥1.46 | CN¥11.65 | x |
| 2012-12-31 | CN¥1.56 | CN¥11.65 | x |
| 2013-12-31 | CN¥1.76 | CN¥11.65 | x |
| 2014-12-31 | CN¥1.83 | CN¥11.65 | x |
| 2015-12-31 | CN¥2.00 | CN¥11.65 | x |
| 2016-12-31 | CN¥2.30 | CN¥11.65 | x |
| 2017-12-31 | CN¥2.49 | CN¥11.65 | x |
| 2018-12-31 | CN¥0.88 | CN¥11.65 | x |
| 2019-12-31 | CN¥0.89 | CN¥11.65 | x |
| 2020-12-31 | CN¥1.01 | CN¥11.65 | x |
| 2021-12-31 | CN¥0.99 | CN¥11.65 | x |
| 2022-12-31 | CN¥1.03 | CN¥11.65 | x |
| 2023-12-31 | CN¥1.12 | CN¥11.65 | x |
| 2024-12-31 | CN¥1.26 | CN¥11.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Macro 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): 10.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.89%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 3.42x
- Recent ROE (10.83%) is above the historical average (-8.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 23.08% | 7.84% | 0.59x | 5.00x | CN¥23.30 Million |
| 1992 | 11.35% | 7.90% | 0.62x | 2.30x | CN¥8.13 Million |
| 1993 | 17.78% | 11.59% | 0.84x | 1.83x | CN¥75.57 Million |
| 1994 | 13.42% | 9.98% | 0.70x | 1.93x | CN¥38.45 Million |
| 1995 | 5.84% | 4.72% | 0.53x | 2.32x | CN¥-44.11 Million |
| 1996 | 1.23% | 1.20% | 0.38x | 2.69x | CN¥-94.18 Million |
| 1997 | 10.18% | 11.88% | 0.37x | 2.34x | CN¥2.19 Million |
| 1998 | 11.21% | 12.09% | 0.35x | 2.67x | CN¥14.88 Million |
| 1999 | 11.69% | 13.95% | 0.34x | 2.45x | CN¥22.45 Million |
| 2000 | 1.89% | 1.99% | 0.32x | 3.01x | CN¥-99.49 Million |
| 2001 | -397.07% | -87.15% | 0.41x | 10.99x | CN¥-1.00 Billion |
| 2002 | -26.68% | -9.09% | 0.38x | 7.81x | CN¥-138.58 Million |
| 2003 | 33.57% | 15.08% | 0.41x | 5.43x | CN¥137.85 Million |
| 2004 | 0.58% | 0.25% | 0.43x | 5.38x | CN¥-56.43 Million |
| 2005 | -33.44% | -10.68% | 0.47x | 6.73x | CN¥-190.42 Million |
| 2006 | 9.81% | 2.69% | 0.67x | 5.45x | CN¥-943.24K |
| 2007 | 21.83% | 4.11% | 1.20x | 4.41x | CN¥69.94 Million |
| 2008 | 10.00% | 2.35% | 1.00x | 4.24x | CN¥-4.57K |
| 2009 | 22.51% | 7.02% | 1.07x | 2.99x | CN¥107.43 Million |
| 2010 | 13.62% | 4.59% | 1.18x | 2.53x | CN¥34.59 Million |
| 2011 | 6.95% | 3.47% | 0.91x | 2.19x | CN¥-30.82 Million |
| 2012 | 7.04% | 3.75% | 0.82x | 2.30x | CN¥-31.03 Million |
| 2013 | 14.81% | 7.90% | 0.60x | 3.11x | CN¥59.30 Million |
| 2014 | 9.85% | 3.26% | 1.00x | 3.03x | CN¥-1.92 Million |
| 2015 | 9.02% | 3.00% | 0.99x | 3.04x | CN¥-13.42 Million |
| 2016 | 14.34% | 5.22% | 1.33x | 2.06x | CN¥68.62 Million |
| 2017 | 2.41% | 0.46% | 1.89x | 2.76x | CN¥-120.11 Million |
| 2018 | -159.54% | -10.12% | 3.84x | 4.11x | CN¥-1.03 Billion |
| 2019 | -1.68% | -0.75% | 0.58x | 3.87x | CN¥-71.45 Million |
| 2020 | 12.35% | 5.82% | 0.60x | 3.51x | CN¥16.33 Million |
| 2021 | -2.98% | -1.39% | 0.61x | 3.48x | CN¥-88.57 Million |
| 2022 | 7.23% | 2.91% | 0.70x | 3.58x | CN¥-19.74 Million |
| 2023 | 8.30% | 3.11% | 0.78x | 3.43x | CN¥-13.16 Million |
| 2024 | 10.83% | 3.89% | 0.81x | 3.42x | CN¥7.21 Million |
Industry Comparison
This section compares Guangdong Macro Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,633,014,877
- Average return on equity (ROE) among peers: 15.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Macro Co Ltd (000533) | CN¥1.12 Billion | 23.08% | 1.57x | $1.18 Billion |
| XJ Electric Co Ltd (000400) | $115.97 Million | 47.85% | 1.55x | $3.93 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.92 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $2.27 Billion | 47.35% | 1.31x | $847.64 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $23.52 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $2.96 Billion | 3.73% | 1.19x | $1.51 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $22.65 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $201.79 Million | -7.53% | 0.85x | $563.82 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.10 Billion |
About Guangdong Macro Co Ltd
Guangdong Shunna Electric Co., Ltd. engages in the research and development, production, and sales of power transmission and distribution equipment in China. The company offers dry-type transformers; prefabricated substations; combined transformers; liquid-immersed transformers; medium and low voltage switch cabinets; and dry-type reactors and grounding products. Its products are used in rail tra… Read more