Yang Guang Co Ltd
Yang Guang Co.,Ltd. engages in the development and operation of commercial real estate properties in China. It also engages in commercial operation management, property leasing, house sales businesses. The company was formerly known as Super Shine Co., Ltd. and changed its name to Yang Guang Co.,Ltd. in 2008. Yang Guang Co.,Ltd. was founded in 1993 and is headquartered in Shenzhen, China.
Yang Guang Co Ltd (000608) - Net Assets
Latest net assets as of December 2025: CN¥2.56 Billion CNY
Based on the latest financial reports, Yang Guang Co Ltd (000608) has net assets worth CN¥2.56 Billion CNY as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.48 Billion) and total liabilities (CN¥1.92 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 | CN¥2.56 Billion |
| % of Total Assets | 57.15% |
| Annual Growth Rate | 13.21% |
| 5-Year Change | -30.13% |
| 10-Year Change | -30.7% |
| Growth Volatility | 29.95 |
Yang Guang Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Yang Guang Co 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 Yang Guang Co Ltd (1993–2025)
The table below shows the annual net assets of Yang Guang Co Ltd from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.56 Billion | -8.38% |
| 2024-12-31 | CN¥2.79 Billion | -4.30% |
| 2023-12-31 | CN¥2.92 Billion | -8.38% |
| 2022-12-31 | CN¥3.18 Billion | -13.03% |
| 2021-12-31 | CN¥3.66 Billion | +1.05% |
| 2020-12-31 | CN¥3.62 Billion | +3.12% |
| 2019-12-31 | CN¥3.51 Billion | -5.83% |
| 2018-12-31 | CN¥3.73 Billion | +1.44% |
| 2017-12-31 | CN¥3.68 Billion | -0.35% |
| 2016-12-31 | CN¥3.69 Billion | -10.62% |
| 2015-12-31 | CN¥4.13 Billion | -5.18% |
| 2014-12-31 | CN¥4.36 Billion | +25.95% |
| 2013-12-31 | CN¥3.46 Billion | +2.85% |
| 2012-12-31 | CN¥3.36 Billion | +10.01% |
| 2011-12-31 | CN¥3.06 Billion | +6.53% |
| 2010-12-31 | CN¥2.87 Billion | +23.78% |
| 2009-12-31 | CN¥2.32 Billion | +11.41% |
| 2008-12-31 | CN¥2.08 Billion | +4.27% |
| 2007-12-31 | CN¥2.00 Billion | +88.01% |
| 2006-12-31 | CN¥1.06 Billion | +13.05% |
| 2005-12-31 | CN¥939.12 Million | +20.53% |
| 2004-12-31 | CN¥779.17 Million | +26.57% |
| 2003-12-31 | CN¥615.60 Million | +7.78% |
| 2002-12-31 | CN¥571.18 Million | +2.18% |
| 2001-12-31 | CN¥558.98 Million | +3.13% |
| 2000-12-31 | CN¥542.01 Million | +28.05% |
| 1999-12-31 | CN¥423.29 Million | +96.05% |
| 1998-12-31 | CN¥215.91 Million | +27.62% |
| 1997-12-31 | CN¥169.19 Million | +35.19% |
| 1996-12-31 | CN¥125.15 Million | +117.04% |
| 1995-12-31 | CN¥57.66 Million | +14.13% |
| 1994-12-31 | CN¥50.52 Million | +4.55% |
| 1993-12-31 | CN¥48.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yang Guang 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 5292938.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥538.62 Million | 25.93% |
| Other Components | CN¥1.54 Billion | 74.07% |
| Total Equity | CN¥2.08 Billion | 100.00% |
Yang Guang Co Ltd Competitors by Market Cap
The table below lists competitors of Yang Guang Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rio2 Limited
OTCQX:RIOFF
|
$239.74 Million |
|
BIGLARI HLDGS CL. A
F:SQ7A
|
$239.79 Million |
|
Shanxi Sanwei Group Co Ltd
SHE:000755
|
$239.87 Million |
|
Shanghai Shuixing Home Textile Co Ltd Class A
SHG:603365
|
$239.93 Million |
|
Ferm. Casino Mun. Canne
PA:FCMC
|
$239.72 Million |
|
PolEnergia S.A.
WAR:PEP
|
$239.64 Million |
|
SGSG Science&technology Co Ltd Zhuhai
SHE:300561
|
$239.61 Million |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
$239.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yang Guang Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,309,929,040 to 2,077,354,571, a change of -232,574,469 (-10.1%).
- Net loss of 218,209,910 reduced equity.
- Dividend payments of 59,505,219 reduced retained earnings.
- Other comprehensive income decreased equity by 279,181,010.
- Other factors increased equity by 324,321,670.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-218.21 Million | -10.5% |
| Dividends Paid | CN¥59.51 Million | -2.86% |
| Other Comprehensive Income | CN¥-279.18 Million | -13.44% |
| Other Changes | CN¥324.32 Million | +15.61% |
| Total Change | CN¥- | -10.07% |
Book Value vs Market Value Analysis
This analysis compares Yang Guang 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: 1.34x
- 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 50.66x to 1.34x 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¥0.07 | CN¥3.72 | x |
| 1994-12-31 | CN¥0.08 | CN¥3.72 | x |
| 1995-12-31 | CN¥0.09 | CN¥3.72 | x |
| 1996-12-31 | CN¥0.19 | CN¥3.72 | x |
| 1997-12-31 | CN¥0.26 | CN¥3.72 | x |
| 1998-12-31 | CN¥0.32 | CN¥3.72 | x |
| 1999-12-31 | CN¥0.59 | CN¥3.72 | x |
| 2000-12-31 | CN¥0.70 | CN¥3.72 | x |
| 2001-12-31 | CN¥0.74 | CN¥3.72 | x |
| 2002-12-31 | CN¥0.79 | CN¥3.72 | x |
| 2003-12-31 | CN¥0.84 | CN¥3.72 | x |
| 2004-12-31 | CN¥1.00 | CN¥3.72 | x |
| 2005-12-31 | CN¥1.18 | CN¥3.72 | x |
| 2006-12-31 | CN¥1.65 | CN¥3.72 | x |
| 2007-12-31 | CN¥2.64 | CN¥3.72 | x |
| 2008-12-31 | CN¥2.23 | CN¥3.72 | x |
| 2009-12-31 | CN¥2.64 | CN¥3.72 | x |
| 2010-12-31 | CN¥3.15 | CN¥3.72 | x |
| 2011-12-31 | CN¥3.37 | CN¥3.72 | x |
| 2012-12-31 | CN¥3.69 | CN¥3.72 | x |
| 2013-12-31 | CN¥3.88 | CN¥3.72 | x |
| 2014-12-31 | CN¥4.39 | CN¥3.72 | x |
| 2015-12-31 | CN¥4.93 | CN¥3.72 | x |
| 2016-12-31 | CN¥3.77 | CN¥3.72 | x |
| 2017-12-31 | CN¥3.92 | CN¥3.72 | x |
| 2018-12-31 | CN¥5.19 | CN¥3.72 | x |
| 2019-12-31 | CN¥3.85 | CN¥3.72 | x |
| 2020-12-31 | CN¥4.19 | CN¥3.72 | x |
| 2021-12-31 | CN¥4.21 | CN¥3.72 | x |
| 2022-12-31 | CN¥3.59 | CN¥3.72 | x |
| 2023-12-31 | CN¥3.21 | CN¥3.72 | x |
| 2024-12-31 | CN¥2.93 | CN¥3.72 | x |
| 2025-12-31 | CN¥2.77 | CN¥3.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yang Guang 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): -10.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.89%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.16x
- Recent ROE (-10.50%) is below the historical average (6.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 38.75% | 17.08% | 1.42x | 1.60x | CN¥13.89 Million |
| 1994 | 27.53% | 12.82% | 1.15x | 1.87x | CN¥8.86 Million |
| 1995 | 12.38% | 8.93% | 0.82x | 1.69x | CN¥1.37 Million |
| 1996 | 6.83% | 11.86% | 0.48x | 1.20x | CN¥-3.97 Million |
| 1997 | 25.85% | 60.93% | 0.36x | 1.17x | CN¥26.76 Million |
| 1998 | 16.16% | 19.51% | 0.65x | 1.28x | CN¥12.81 Million |
| 1999 | 12.85% | 26.77% | 0.22x | 2.17x | CN¥11.07 Million |
| 2000 | 18.11% | 12.29% | 0.57x | 2.57x | CN¥37.51 Million |
| 2001 | 12.04% | 13.17% | 0.43x | 2.15x | CN¥9.92 Million |
| 2002 | 6.41% | 6.06% | 0.43x | 2.45x | CN¥-18.62 Million |
| 2003 | 6.54% | 7.99% | 0.24x | 3.47x | CN¥-19.21 Million |
| 2004 | 16.47% | 11.38% | 0.40x | 3.61x | CN¥42.72 Million |
| 2005 | 15.45% | 10.56% | 0.44x | 3.31x | CN¥42.28 Million |
| 2006 | 10.09% | 8.82% | 0.25x | 4.58x | CN¥815.60K |
| 2007 | 10.54% | 14.14% | 0.24x | 3.14x | CN¥9.45 Million |
| 2008 | 1.60% | 1.87% | 0.27x | 3.22x | CN¥-148.38 Million |
| 2009 | 13.64% | 27.03% | 0.13x | 3.96x | CN¥71.25 Million |
| 2010 | 18.44% | 14.31% | 0.47x | 2.74x | CN¥199.22 Million |
| 2011 | 6.83% | 21.46% | 0.13x | 2.47x | CN¥-80.42 Million |
| 2012 | 9.48% | 48.62% | 0.08x | 2.44x | CN¥-14.55 Million |
| 2013 | 6.51% | 27.73% | 0.08x | 2.92x | CN¥-102.33 Million |
| 2014 | -17.76% | -43.07% | 0.12x | 3.41x | CN¥-914.59 Million |
| 2015 | 0.61% | 3.12% | 0.06x | 3.09x | CN¥-311.28 Million |
| 2016 | -16.45% | -73.21% | 0.07x | 3.44x | CN¥-752.89 Million |
| 2017 | 5.10% | 28.51% | 0.07x | 2.42x | CN¥-146.18 Million |
| 2018 | 2.85% | 29.33% | 0.04x | 2.21x | CN¥-212.69 Million |
| 2019 | -2.27% | -26.96% | 0.04x | 2.00x | CN¥-354.41 Million |
| 2020 | 3.42% | 18.83% | 0.10x | 1.89x | CN¥-206.67 Million |
| 2021 | 2.03% | 11.32% | 0.10x | 1.78x | CN¥-251.75 Million |
| 2022 | -14.22% | -100.32% | 0.08x | 1.80x | CN¥-651.44 Million |
| 2023 | -9.67% | -73.09% | 0.07x | 1.78x | CN¥-477.70 Million |
| 2024 | -5.59% | -35.11% | 0.08x | 2.10x | CN¥-360.10 Million |
| 2025 | -10.50% | -63.89% | 0.08x | 2.16x | CN¥-425.95 Million |
Industry Comparison
This section compares Yang Guang Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $9,981,031,371
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yang Guang Co Ltd (000608) | CN¥2.56 Billion | 38.75% | 0.75x | $239.73 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |