Guangdong Ganhua Science & Industry Co Ltd (000576) - Net Assets
Based on the latest financial reports, Guangdong Ganhua Science & Industry Co Ltd (000576) has net assets worth CN¥1.71 Billion CNY (≈ $250.41 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¥2.26 Billion ≈ $330.81 Million USD) and total liabilities (CN¥549.45 Million ≈ $80.40 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 how resilient are Guangdong Ganhua Science & Industry Co L's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.71 Billion |
| % of Total Assets | 75.7% |
| Annual Growth Rate | 5.33% |
| 5-Year Change | -6.0% |
| 10-Year Change | 35.42% |
| Growth Volatility | 83.94 |
Guangdong Ganhua Science & Industry Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Guangdong Ganhua Science & Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Ganhua Science & Industry Co L asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Ganhua Science & Industry Co Ltd (1993–2024)
The table below shows the annual net assets of Guangdong Ganhua Science & Industry Co Ltd from 1993 to 2024. For live valuation and market cap data, see 000576 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.63 Billion ≈ $238.87 Million |
-0.01% |
| 2023-12-31 | CN¥1.63 Billion ≈ $238.90 Million |
-8.74% |
| 2022-12-31 | CN¥1.79 Billion ≈ $261.78 Million |
+9.71% |
| 2021-12-31 | CN¥1.63 Billion ≈ $238.62 Million |
-6.10% |
| 2020-12-31 | CN¥1.74 Billion ≈ $254.12 Million |
+51.56% |
| 2019-12-31 | CN¥1.15 Billion ≈ $167.68 Million |
-0.02% |
| 2018-12-31 | CN¥1.15 Billion ≈ $167.72 Million |
+11.82% |
| 2017-12-31 | CN¥1.02 Billion ≈ $149.98 Million |
-21.63% |
| 2016-12-31 | CN¥1.31 Billion ≈ $191.37 Million |
+8.49% |
| 2015-12-31 | CN¥1.21 Billion ≈ $176.39 Million |
+17.25% |
| 2014-12-31 | CN¥1.03 Billion ≈ $150.44 Million |
+0.99% |
| 2013-12-31 | CN¥1.02 Billion ≈ $148.97 Million |
+458.08% |
| 2012-12-31 | CN¥182.42 Million ≈ $26.69 Million |
+43.30% |
| 2011-12-31 | CN¥127.30 Million ≈ $18.63 Million |
-60.46% |
| 2010-12-31 | CN¥321.94 Million ≈ $47.11 Million |
-19.34% |
| 2009-12-31 | CN¥399.13 Million ≈ $58.41 Million |
+3.39% |
| 2008-12-31 | CN¥386.02 Million ≈ $56.49 Million |
-5.56% |
| 2007-12-31 | CN¥408.77 Million ≈ $59.82 Million |
-22.64% |
| 2006-12-31 | CN¥528.40 Million ≈ $77.32 Million |
-5.36% |
| 2005-12-31 | CN¥558.31 Million ≈ $81.70 Million |
-23.24% |
| 2004-12-31 | CN¥727.38 Million ≈ $106.44 Million |
-0.09% |
| 2003-12-31 | CN¥728.01 Million ≈ $106.53 Million |
-0.01% |
| 2002-12-31 | CN¥728.12 Million ≈ $106.55 Million |
-25.47% |
| 2001-12-31 | CN¥976.92 Million ≈ $142.95 Million |
+0.02% |
| 2000-12-31 | CN¥976.68 Million ≈ $142.92 Million |
+1.13% |
| 1999-12-31 | CN¥965.79 Million ≈ $141.33 Million |
-4.41% |
| 1998-12-31 | CN¥1.01 Billion ≈ $147.85 Million |
+33.02% |
| 1997-12-31 | CN¥759.55 Million ≈ $111.15 Million |
+8.35% |
| 1996-12-31 | CN¥701.02 Million ≈ $102.58 Million |
+46.79% |
| 1995-12-31 | CN¥477.56 Million ≈ $69.88 Million |
-5.90% |
| 1994-12-31 | CN¥507.51 Million ≈ $74.26 Million |
+55.35% |
| 1993-12-31 | CN¥326.69 Million ≈ $47.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Ganhua Science & Industry 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 36300946100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥363.01 Million | 22.51% |
| Common Stock | CN¥436.42 Million | 27.07% |
| Other Comprehensive Income | CN¥232.10 Million | 14.40% |
| Other Components | CN¥580.81 Million | 36.02% |
| Total Equity | CN¥1.61 Billion | 100.00% |
Guangdong Ganhua Science & Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Ganhua Science & Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tengda Construction Group Co Ltd
SHG:600512
|
$576.06 Million |
|
Invesco Value Municipal Income Closed Fund
NYSE:IIM
|
$576.12 Million |
|
Southern Cable Group Bhd
KLSE:0225
|
$576.15 Million |
|
Markor International Home Furnishings Co Ltd
SHG:600337
|
$576.16 Million |
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
$576.01 Million |
|
Bioventus Inc
NASDAQ:BVS
|
$576.00 Million |
|
Shanghai Carthane Co Ltd
SHG:603037
|
$575.86 Million |
|
Baolingbao Biology Co Ltd
SHE:002286
|
$575.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Ganhua Science & Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,609,597,227 to 1,612,340,099, a change of 2,742,872 (0.2%).
- Net income of 20,514,596 contributed positively to equity growth.
- Dividend payments of 488,343 reduced retained earnings.
- Share repurchases of 35,672,421 reduced equity.
- Other comprehensive income increased equity by 232,102,905.
- Other factors decreased equity by 213,713,865.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥20.51 Million | +1.27% |
| Dividends Paid | CN¥488.34K | -0.03% |
| Share Repurchases | CN¥35.67 Million | -2.21% |
| Other Comprehensive Income | CN¥232.10 Million | +14.4% |
| Other Changes | CN¥-213.71 Million | -13.25% |
| Total Change | CN¥- | 0.17% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Ganhua Science & Industry 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: 2.42x
- 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 8.54x to 2.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥1.06 | CN¥9.02 | x |
| 1994-12-31 | CN¥1.64 | CN¥9.02 | x |
| 1995-12-31 | CN¥1.54 | CN¥9.02 | x |
| 1996-12-31 | CN¥2.27 | CN¥9.02 | x |
| 1997-12-31 | CN¥2.46 | CN¥9.02 | x |
| 1998-12-31 | CN¥3.27 | CN¥9.02 | x |
| 1999-12-31 | CN¥3.12 | CN¥9.02 | x |
| 2000-12-31 | CN¥3.16 | CN¥9.02 | x |
| 2001-12-31 | CN¥3.14 | CN¥9.02 | x |
| 2002-12-31 | CN¥2.34 | CN¥9.02 | x |
| 2003-12-31 | CN¥2.35 | CN¥9.02 | x |
| 2004-12-31 | CN¥2.35 | CN¥9.02 | x |
| 2005-12-31 | CN¥1.66 | CN¥9.02 | x |
| 2006-12-31 | CN¥1.34 | CN¥9.02 | x |
| 2007-12-31 | CN¥1.17 | CN¥9.02 | x |
| 2008-12-31 | CN¥1.19 | CN¥9.02 | x |
| 2009-12-31 | CN¥1.23 | CN¥9.02 | x |
| 2010-12-31 | CN¥1.00 | CN¥9.02 | x |
| 2011-12-31 | CN¥0.40 | CN¥9.02 | x |
| 2012-12-31 | CN¥0.56 | CN¥9.02 | x |
| 2013-12-31 | CN¥2.53 | CN¥9.02 | x |
| 2014-12-31 | CN¥1.99 | CN¥9.02 | x |
| 2015-12-31 | CN¥2.70 | CN¥9.02 | x |
| 2016-12-31 | CN¥2.92 | CN¥9.02 | x |
| 2017-12-31 | CN¥2.30 | CN¥9.02 | x |
| 2018-12-31 | CN¥2.49 | CN¥9.02 | x |
| 2019-12-31 | CN¥2.54 | CN¥9.02 | x |
| 2020-12-31 | CN¥3.94 | CN¥9.02 | x |
| 2021-12-31 | CN¥3.66 | CN¥9.02 | x |
| 2022-12-31 | CN¥3.97 | CN¥9.02 | x |
| 2023-12-31 | CN¥3.66 | CN¥9.02 | x |
| 2024-12-31 | CN¥3.73 | CN¥9.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Ganhua Science & Industry 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): 1.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.18%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.14x
- Recent ROE (1.27%) is above the historical average (-3.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 11.09% | 11.50% | 0.57x | 1.69x | CN¥3.57 Million |
| 1994 | 11.62% | 18.53% | 0.46x | 1.36x | CN¥8.23 Million |
| 1995 | 13.59% | 14.10% | 0.59x | 1.64x | CN¥17.16 Million |
| 1996 | 10.07% | 16.99% | 0.38x | 1.54x | CN¥476.46K |
| 1997 | 10.16% | 18.39% | 0.35x | 1.59x | CN¥1.25 Million |
| 1998 | 2.87% | 6.44% | 0.30x | 1.49x | CN¥-72.04 Million |
| 1999 | 1.84% | 3.95% | 0.31x | 1.53x | CN¥-78.80 Million |
| 2000 | 2.73% | 3.47% | 0.46x | 1.70x | CN¥-70.96 Million |
| 2001 | 2.86% | 3.25% | 0.43x | 2.03x | CN¥-69.40 Million |
| 2002 | -34.01% | -26.22% | 0.59x | 2.18x | CN¥-318.37 Million |
| 2003 | 0.84% | 1.21% | 0.34x | 2.05x | CN¥-66.61 Million |
| 2004 | 0.31% | 0.43% | 0.36x | 2.01x | CN¥-70.43 Million |
| 2005 | -41.31% | -27.81% | 0.58x | 2.54x | CN¥-263.91 Million |
| 2006 | 1.75% | 1.26% | 0.56x | 2.47x | CN¥-38.55 Million |
| 2007 | -6.97% | -4.00% | 0.70x | 2.50x | CN¥-67.77 Million |
| 2008 | -12.51% | -7.49% | 0.67x | 2.49x | CN¥-86.75 Million |
| 2009 | 3.24% | 2.66% | 0.63x | 1.94x | CN¥-26.95 Million |
| 2010 | -23.99% | -19.63% | 0.56x | 2.18x | CN¥-109.40 Million |
| 2011 | -153.64% | -50.52% | 0.42x | 7.16x | CN¥-208.42 Million |
| 2012 | 27.02% | 10.05% | 0.51x | 5.27x | CN¥29.70 Million |
| 2013 | 3.55% | 7.95% | 0.31x | 1.46x | CN¥-65.13 Million |
| 2014 | 1.01% | 2.15% | 0.33x | 1.43x | CN¥-91.77 Million |
| 2015 | 14.81% | 44.54% | 0.20x | 1.63x | CN¥57.56 Million |
| 2016 | 7.88% | 21.64% | 0.30x | 1.21x | CN¥-27.60 Million |
| 2017 | -27.81% | -59.59% | 0.39x | 1.19x | CN¥-384.83 Million |
| 2018 | 8.84% | 23.97% | 0.25x | 1.50x | CN¥-12.86 Million |
| 2019 | 8.74% | 19.85% | 0.31x | 1.41x | CN¥-14.16 Million |
| 2020 | 39.64% | 131.73% | 0.26x | 1.14x | CN¥507.06 Million |
| 2021 | 1.97% | 5.90% | 0.29x | 1.14x | CN¥-130.26 Million |
| 2022 | 6.79% | 26.75% | 0.22x | 1.14x | CN¥-56.32 Million |
| 2023 | -14.48% | -72.10% | 0.18x | 1.14x | CN¥-394.03 Million |
| 2024 | 1.27% | 5.18% | 0.21x | 1.14x | CN¥-140.72 Million |
Industry Comparison
This section compares Guangdong Ganhua Science & Industry Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $2,445,365,711
- Average return on equity (ROE) among peers: -2.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Ganhua Science & Industry Co Ltd (000576) | CN¥1.71 Billion | 11.09% | 0.32x | $576.03 Million |
| China Baoan Group Co Ltd (000009) | $10.45 Billion | 2.05% | 1.86x | $3.25 Billion |
| Yunding Technology Co Ltd (000409) | $54.64 Million | -48.00% | 0.24x | $1.03 Billion |
| Create Technology & Science Co Ltd (000551) | $514.15 Million | 2.45% | 1.26x | $1.21 Billion |
| Sundiro Holding Co Ltd (000571) | $1.77 Billion | 7.65% | 0.23x | $672.89 Million |
| Macrolink Real Estate Co Ltd (000620) | $1.90 Billion | 27.12% | 2.02x | $2.61 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $3.07 Billion | 9.34% | 2.05x | $952.22 Million |
| CHTC Helon Co Ltd (000677) | $643.13 Million | 0.70% | 0.31x | $414.68 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $516.91 Million | -24.00% | 0.64x | $569.07 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $3.08 Billion | 3.17% | 0.08x | $988.25 Million |
About Guangdong Ganhua Science & Industry Co Ltd
Guangdong Ganhua Science & Industry Co.,Ltd. engages in the research, development, production, and sale of military products such as power supplies and related products and special alloy materials. The products are applied to various weapon platforms, such as airborne, shipborne, and ammunition. The company was founded in 1992 and is based in Jiangmen, China.