Grand Industrial Holding Co Ltd (000626) - Net Assets

Latest as of March 2026: CN¥2.43 Billion CNY ≈ $355.51 Million USD

Based on the latest financial reports, Grand Industrial Holding Co Ltd (000626) has net assets worth CN¥2.43 Billion CNY (≈ $355.51 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.80 Billion ≈ $1.43 Billion USD) and total liabilities (CN¥7.37 Billion ≈ $1.08 Billion 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 000626 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.43 Billion
% of Total Assets	24.8%
Annual Growth Rate	17.75%
5-Year Change	-23.88%
10-Year Change	-26.19%
Growth Volatility	50.99

Grand Industrial Holding Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Grand Industrial Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See 000626 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Grand Industrial Holding Co Ltd (1993–2025)

The table below shows the annual net assets of Grand Industrial Holding Co Ltd from 1993 to 2025. For live valuation and market cap data, see Grand Industrial Holding Co Ltd (000626) total market value.

Year	Net Assets	Change
2025-12-31	CN¥2.36 Billion ≈ $345.23 Million	-9.77%
2024-12-31	CN¥2.61 Billion ≈ $382.62 Million	-9.17%
2023-12-31	CN¥2.88 Billion ≈ $421.23 Million	-12.16%
2022-12-31	CN¥3.28 Billion ≈ $479.57 Million	+5.74%
2021-12-31	CN¥3.10 Billion ≈ $453.55 Million	+9.99%
2020-12-31	CN¥2.82 Billion ≈ $412.35 Million	-1.57%
2019-12-31	CN¥2.86 Billion ≈ $418.92 Million	+6.19%
2018-12-31	CN¥2.70 Billion ≈ $394.49 Million	+1.31%
2017-12-31	CN¥2.66 Billion ≈ $389.37 Million	-16.75%
2016-12-31	CN¥3.20 Billion ≈ $467.73 Million	+59.20%
2015-12-31	CN¥2.01 Billion ≈ $293.80 Million	+38.37%
2014-12-31	CN¥1.45 Billion ≈ $212.34 Million	+55.14%
2013-12-31	CN¥935.34 Million ≈ $136.87 Million	+3.96%
2012-12-31	CN¥899.70 Million ≈ $131.65 Million	+7.28%
2011-12-31	CN¥838.64 Million ≈ $122.72 Million	+37.70%
2010-12-31	CN¥609.03 Million ≈ $89.12 Million	+33.33%
2009-12-31	CN¥456.79 Million ≈ $66.84 Million	+22.47%
2008-12-31	CN¥372.98 Million ≈ $54.58 Million	-5.18%
2007-12-31	CN¥393.34 Million ≈ $57.56 Million	+34.82%
2006-12-31	CN¥291.76 Million ≈ $42.69 Million	-33.17%
2005-12-31	CN¥436.55 Million ≈ $63.88 Million	+1.46%
2004-12-31	CN¥430.29 Million ≈ $62.96 Million	+13.88%
2003-12-31	CN¥377.84 Million ≈ $55.29 Million	+21.29%
2002-12-31	CN¥311.51 Million ≈ $45.58 Million	+22.02%
2001-12-31	CN¥255.29 Million ≈ $37.36 Million	+41.18%
2000-12-31	CN¥180.83 Million ≈ $26.46 Million	+8.84%
1999-12-31	CN¥166.14 Million ≈ $24.31 Million	+26.44%
1998-12-31	CN¥131.40 Million ≈ $19.23 Million	+0.38%
1997-12-31	CN¥130.91 Million ≈ $19.16 Million	+4.03%
1996-12-31	CN¥125.84 Million ≈ $18.41 Million	+83.24%
1995-12-31	CN¥68.68 Million ≈ $10.05 Million	+45.35%
1994-12-31	CN¥47.25 Million ≈ $6.91 Million	+273.56%
1993-12-31	CN¥12.65 Million ≈ $1.85 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Grand Industrial Holding 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 28429.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥347.63 Million	16.20%
Other Components	CN¥1.80 Billion	83.80%
Total Equity	CN¥2.15 Billion	100.00%

Grand Industrial Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Grand Industrial Holding Co Ltd ranked by their market capitalization.

Company	Market Cap
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT JK:LSIP	$517.51 Million
Jiangsu WELLE Environmental Co Ltd SHE:300190	$517.59 Million
SandRidge Energy Inc NYSE:SD	$517.59 Million
Chrysos Corporation Ltd AU:C79	$517.62 Million
JinJian Cereals Industry Co Ltd SHG:600127	$517.46 Million
Loctek Ergonomic Technology Corp Class A SHE:300729	$517.38 Million
Bannerman Energy Ltd AU:BMN	$517.38 Million
Duniec TA:DUNI	$517.35 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grand Industrial Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,349,685,000 to 2,146,107,290, a change of -203,577,710 (-8.7%).
Net loss of 133,629,431 reduced equity.
Dividend payments of 52,056,857 reduced retained earnings.
Other comprehensive income decreased equity by 75,213,461.
Other factors increased equity by 57,322,039.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-133.63 Million	-6.23%
Dividends Paid	CN¥52.06 Million	-2.43%
Other Comprehensive Income	CN¥-75.21 Million	-3.5%
Other Changes	CN¥57.32 Million	+2.67%
Total Change	CN¥-	-8.66%

Book Value vs Market Value Analysis

This analysis compares Grand Industrial Holding 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: 1.65x
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 46.53x to 1.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1995-12-31	CN¥0.15	CN¥6.98	x
1996-12-31	CN¥0.28	CN¥6.98	x
1997-12-31	CN¥0.31	CN¥6.98	x
1998-12-31	CN¥0.31	CN¥6.98	x
1999-12-31	CN¥0.37	CN¥6.98	x
2000-12-31	CN¥0.38	CN¥6.98	x
2001-12-31	CN¥0.44	CN¥6.98	x
2002-12-31	CN¥0.52	CN¥6.98	x
2003-12-31	CN¥0.62	CN¥6.98	x
2004-12-31	CN¥0.68	CN¥6.98	x
2005-12-31	CN¥0.42	CN¥6.98	x
2006-12-31	CN¥0.48	CN¥6.98	x
2007-12-31	CN¥0.59	CN¥6.98	x
2008-12-31	CN¥0.62	CN¥6.98	x
2009-12-31	CN¥0.72	CN¥6.98	x
2010-12-31	CN¥0.87	CN¥6.98	x
2011-12-31	CN¥0.94	CN¥6.98	x
2012-12-31	CN¥0.98	CN¥6.98	x
2013-12-31	CN¥1.04	CN¥6.98	x
2014-12-31	CN¥1.60	CN¥6.98	x
2015-12-31	CN¥2.37	CN¥6.98	x
2016-12-31	CN¥5.44	CN¥6.98	x
2017-12-31	CN¥4.24	CN¥6.98	x
2018-12-31	CN¥4.34	CN¥6.98	x
2019-12-31	CN¥5.10	CN¥6.98	x
2020-12-31	CN¥4.90	CN¥6.98	x
2021-12-31	CN¥5.58	CN¥6.98	x
2022-12-31	CN¥6.05	CN¥6.98	x
2023-12-31	CN¥5.18	CN¥6.98	x
2024-12-31	CN¥4.59	CN¥6.98	x
2025-12-31	CN¥4.24	CN¥6.98	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grand Industrial Holding 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): -6.23%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.18%
• Asset Turnover: 10.69x
• Equity Multiplier: 3.27x
Recent ROE (-6.23%) is below the historical average (7.52%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1995	11.50%	7.19%	0.55x	2.89x	CN¥911.06K
1996	10.10%	8.22%	0.54x	2.27x	CN¥117.32K
1997	9.27%	16.98%	0.32x	1.71x	CN¥-917.60K
1998	2.70%	10.04%	0.16x	1.68x	CN¥-9.06 Million
1999	16.43%	4.02%	1.83x	2.23x	CN¥9.55 Million
2000	2.44%	0.14%	4.07x	4.22x	CN¥-11.71 Million
2001	14.86%	0.78%	4.00x	4.78x	CN¥8.63 Million
2002	14.60%	0.67%	3.39x	6.40x	CN¥9.69 Million
2003	13.36%	0.50%	3.80x	7.01x	CN¥8.38 Million
2004	7.81%	0.25%	4.43x	7.12x	CN¥-6.02 Million
2005	3.85%	0.07%	5.63x	10.47x	CN¥-10.53 Million
2006	0.51%	0.01%	4.41x	9.94x	CN¥-18.43 Million
2007	17.20%	0.31%	4.74x	11.56x	CN¥17.14 Million
2008	1.21%	0.02%	9.07x	8.06x	CN¥-21.87 Million
2009	14.27%	0.32%	5.15x	8.69x	CN¥12.38 Million
2010	16.66%	0.28%	5.49x	10.93x	CN¥23.49 Million
2011	7.94%	0.10%	6.31x	12.99x	CN¥-7.87 Million
2012	3.96%	0.04%	7.19x	12.70x	CN¥-24.01 Million
2013	8.66%	0.08%	8.10x	13.21x	CN¥-5.65 Million
2014	35.86%	0.51%	5.69x	12.37x	CN¥167.73 Million
2015	32.04%	0.56%	6.42x	8.96x	CN¥211.92 Million
2016	13.79%	0.52%	6.14x	4.35x	CN¥107.53 Million
2017	-7.54%	-0.19%	11.27x	3.53x	CN¥-447.96 Million
2018	1.84%	0.07%	9.49x	2.69x	CN¥-210.86 Million
2019	6.07%	0.25%	9.89x	2.46x	CN¥-109.34 Million
2020	-4.29%	-0.19%	8.93x	2.51x	CN¥-377.21 Million
2021	7.71%	0.27%	10.69x	2.65x	CN¥-65.94 Million
2022	3.80%	0.14%	10.52x	2.58x	CN¥-187.08 Million
2023	-14.29%	-0.44%	12.11x	2.70x	CN¥-641.36 Million
2024	-12.84%	-0.34%	11.30x	3.32x	CN¥-536.73 Million
2025	-6.23%	-0.18%	10.69x	3.27x	CN¥-348.24 Million

Industry Comparison

This section compares Grand Industrial Holding Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.

Industry Context

Industry: Agricultural Inputs
Average net assets among peers: $3,890,024,446
Average return on equity (ROE) among peers: 7.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grand Industrial Holding Co Ltd (000626)	CN¥2.43 Billion	11.50%	3.03x	$517.47 Million
Hubei Yihua Chemical Industry Co Ltd (000422)	$492.29 Million	7.61%	0.82x	$2.09 Billion
Nanjing Red Sun Co Ltd (000525)	$3.98 Billion	4.57%	1.08x	$831.95 Million
ADAMA Ltd (000553)	$21.92 Billion	-7.32%	1.53x	$1.84 Billion
Sichuan Meifeng Chemical Industry Co Ltd (000731)	$3.04 Billion	5.61%	0.59x	$440.10 Million
Qinghai Salt Lake Industry Co.Ltd (000792)	$634.84 Million	10.65%	0.39x	$23.04 Billion
Asia Potash International Investment Guangzhou Co Ltd (000893)	$3.93 Billion	1.06%	0.07x	$5.53 Billion
Hubei Xinyangfeng Fertilizer Co Ltd (000902)	$452.01 Million	-10.57%	1.67x	$2.23 Billion
Sichuan Lutianhua Co Ltd (000912)	$218.75 Million	71.83%	0.84x	$782.42 Million
Guangxi Hechi Chemical Co Ltd (000953)	$341.44 Million	-17.59%	1.88x	$297.88 Million

About Grand Industrial Holding Co Ltd

SHE:000626 China Agricultural Inputs

Market Cap

$517.47 Million

CN¥3.54 Billion CNY

Market Cap Rank

#12201 Global

#3549 in China

Share Price

CN¥6.98

Change (1 day)

-0.57%

52-Week Range

CN¥6.22 - CN¥10.74

All Time High

CN¥35.72