Guangdong Golden Dragon Development Inc
Guangdong Golden Dragon Development Inc. engages in securities business in China. It is involved in the securities brokerage; securities trading business; agency sale of financial products; future brokerage; investment banking; securities underwriting and sponsorship; financial consultancy; asset management; fund management; investment consulting; and private equity and alternative investment bus… Read more
Guangdong Golden Dragon Development Inc (000712) - Net Assets
Latest net assets as of September 2025: CN¥4.56 Billion CNY
Based on the latest financial reports, Guangdong Golden Dragon Development Inc (000712) has net assets worth CN¥4.56 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥22.93 Billion) and total liabilities (CN¥18.37 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¥4.56 Billion |
| % of Total Assets | 19.88% |
| Annual Growth Rate | 14.2% |
| 5-Year Change | -16.56% |
| 10-Year Change | -10.55% |
| Growth Volatility | 34.03 |
Guangdong Golden Dragon Development Inc - Net Assets Trend (1993–2024)
This chart illustrates how Guangdong Golden Dragon Development Inc'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 Golden Dragon Development Inc (1993–2024)
The table below shows the annual net assets of Guangdong Golden Dragon Development Inc from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.48 Billion | -1.42% |
| 2023-12-31 | CN¥4.54 Billion | -9.89% |
| 2022-12-31 | CN¥5.04 Billion | -3.94% |
| 2021-12-31 | CN¥5.25 Billion | -2.21% |
| 2020-12-31 | CN¥5.37 Billion | +2.49% |
| 2019-12-31 | CN¥5.24 Billion | +1.22% |
| 2018-12-31 | CN¥5.17 Billion | -6.44% |
| 2017-12-31 | CN¥5.53 Billion | +2.99% |
| 2016-12-31 | CN¥5.37 Billion | +7.24% |
| 2015-12-31 | CN¥5.01 Billion | +25.63% |
| 2014-12-31 | CN¥3.98 Billion | +7.23% |
| 2013-12-31 | CN¥3.72 Billion | +65.34% |
| 2012-12-31 | CN¥2.25 Billion | +151.71% |
| 2011-12-31 | CN¥892.70 Million | +1.49% |
| 2010-12-31 | CN¥879.63 Million | +21.52% |
| 2009-12-31 | CN¥723.84 Million | +23.91% |
| 2008-12-31 | CN¥584.15 Million | -15.44% |
| 2007-12-31 | CN¥690.77 Million | +52.61% |
| 2006-12-31 | CN¥452.63 Million | -11.92% |
| 2005-12-31 | CN¥513.86 Million | +0.93% |
| 2004-12-31 | CN¥509.11 Million | -0.01% |
| 2003-12-31 | CN¥509.15 Million | +9.80% |
| 2002-12-31 | CN¥463.73 Million | +3.37% |
| 2001-12-31 | CN¥448.61 Million | +3.60% |
| 2000-12-31 | CN¥433.04 Million | +20.38% |
| 1999-12-31 | CN¥359.74 Million | +6.55% |
| 1998-12-31 | CN¥337.64 Million | +9.77% |
| 1997-12-31 | CN¥307.58 Million | +94.11% |
| 1996-12-31 | CN¥158.46 Million | +48.72% |
| 1995-12-31 | CN¥106.55 Million | +6.02% |
| 1994-12-31 | CN¥100.50 Million | +37.51% |
| 1993-12-31 | CN¥73.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Golden Dragon Development Inc'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 27894868700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥278.95 Million | 11.62% |
| Common Stock | CN¥896.00 Million | 37.33% |
| Other Components | CN¥1.23 Billion | 51.04% |
| Total Equity | CN¥2.40 Billion | 100.00% |
Guangdong Golden Dragon Development Inc Competitors by Market Cap
The table below lists competitors of Guangdong Golden Dragon Development Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARM HOLDINGS PLC CEDEAR EACH 27
BA:ARM
|
$913.35 Million |
|
Nordic Entertainment Group AB (publ)
PINK:NENTF
|
$913.47 Million |
|
Gree Real Estate Co Ltd
SHG:600185
|
$913.60 Million |
|
Bell AG
SW:BELL
|
$913.76 Million |
|
Sunway Real Estate Investment Trust
KLSE:5176
|
$912.65 Million |
|
RLJ Lodging Trust
NYSE:RLJ
|
$912.56 Million |
|
Jiangxi Jiangnan New Material
SHG:603124
|
$912.40 Million |
|
Plazza AG
SW:PLAN
|
$911.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Golden Dragon Development Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,469,647,280 to 2,400,018,193, a change of -69,629,087 (-2.8%).
- Net loss of 89,230,123 reduced equity.
- Dividend payments of 231,167,845 reduced retained earnings.
- Other comprehensive income decreased equity by 476,437,367.
- Other factors increased equity by 727,206,248.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-89.23 Million | -3.72% |
| Dividends Paid | CN¥231.17 Million | -9.63% |
| Other Comprehensive Income | CN¥-476.44 Million | -19.85% |
| Other Changes | CN¥727.21 Million | +30.3% |
| Total Change | CN¥- | -2.82% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Golden Dragon Development Inc'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: 4.16x
- 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 92.85x to 4.16x 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¥0.12 | CN¥11.14 | x |
| 1994-12-31 | CN¥0.16 | CN¥11.14 | x |
| 1995-12-31 | CN¥0.17 | CN¥11.14 | x |
| 1996-12-31 | CN¥0.26 | CN¥11.14 | x |
| 1997-12-31 | CN¥0.50 | CN¥11.14 | x |
| 1998-12-31 | CN¥0.55 | CN¥11.14 | x |
| 1999-12-31 | CN¥0.59 | CN¥11.14 | x |
| 2000-12-31 | CN¥0.68 | CN¥11.14 | x |
| 2001-12-31 | CN¥0.70 | CN¥11.14 | x |
| 2002-12-31 | CN¥0.72 | CN¥11.14 | x |
| 2003-12-31 | CN¥0.72 | CN¥11.14 | x |
| 2004-12-31 | CN¥0.72 | CN¥11.14 | x |
| 2005-12-31 | CN¥0.71 | CN¥11.14 | x |
| 2006-12-31 | CN¥0.68 | CN¥11.14 | x |
| 2007-12-31 | CN¥0.82 | CN¥11.14 | x |
| 2008-12-31 | CN¥0.85 | CN¥11.14 | x |
| 2009-12-31 | CN¥1.16 | CN¥11.14 | x |
| 2010-12-31 | CN¥1.41 | CN¥11.14 | x |
| 2011-12-31 | CN¥1.39 | CN¥11.14 | x |
| 2012-12-31 | CN¥3.15 | CN¥11.14 | x |
| 2013-12-31 | CN¥2.49 | CN¥11.14 | x |
| 2014-12-31 | CN¥2.84 | CN¥11.14 | x |
| 2015-12-31 | CN¥3.78 | CN¥11.14 | x |
| 2016-12-31 | CN¥4.10 | CN¥11.14 | x |
| 2017-12-31 | CN¥4.21 | CN¥11.14 | x |
| 2018-12-31 | CN¥3.69 | CN¥11.14 | x |
| 2019-12-31 | CN¥3.79 | CN¥11.14 | x |
| 2020-12-31 | CN¥3.79 | CN¥11.14 | x |
| 2021-12-31 | CN¥3.67 | CN¥11.14 | x |
| 2022-12-31 | CN¥3.18 | CN¥11.14 | x |
| 2023-12-31 | CN¥2.76 | CN¥11.14 | x |
| 2024-12-31 | CN¥2.68 | CN¥11.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Golden Dragon Development Inc 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): -3.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.19%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 9.86x
- Recent ROE (-3.72%) is below the historical average (6.77%), 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 | 14.30% | 11.84% | 0.66x | 1.84x | CN¥3.14 Million |
| 1994 | 14.69% | 16.05% | 0.52x | 1.77x | CN¥4.71 Million |
| 1995 | 18.63% | 17.94% | 0.52x | 2.01x | CN¥8.92 Million |
| 1996 | 15.60% | 20.54% | 0.35x | 2.17x | CN¥8.73 Million |
| 1997 | 10.72% | 21.32% | 0.34x | 1.49x | CN¥2.20 Million |
| 1998 | 10.15% | 24.31% | 0.28x | 1.47x | CN¥515.78K |
| 1999 | 6.44% | 14.22% | 0.30x | 1.50x | CN¥-12.73 Million |
| 2000 | 13.66% | 34.69% | 0.25x | 1.57x | CN¥15.15 Million |
| 2001 | 5.52% | 10.25% | 0.32x | 1.68x | CN¥-19.15 Million |
| 2002 | 2.81% | 5.52% | 0.17x | 2.91x | CN¥-31.61 Million |
| 2003 | 1.86% | 2.49% | 0.21x | 3.62x | CN¥-35.74 Million |
| 2004 | 1.50% | 1.53% | 0.26x | 3.83x | CN¥-37.26 Million |
| 2005 | 0.59% | 0.61% | 0.24x | 3.98x | CN¥-40.77 Million |
| 2006 | 7.44% | 12.24% | 0.19x | 3.23x | CN¥-10.61 Million |
| 2007 | 17.17% | 33.50% | 0.20x | 2.55x | CN¥35.79 Million |
| 2008 | 4.13% | 24.62% | 0.08x | 2.18x | CN¥-30.31 Million |
| 2009 | 28.52% | 123.46% | 0.14x | 1.71x | CN¥129.88 Million |
| 2010 | 18.07% | 175.23% | 0.07x | 1.49x | CN¥69.08 Million |
| 2011 | 2.52% | 22.84% | 0.07x | 1.55x | CN¥-64.96 Million |
| 2012 | 1.06% | 24.89% | 0.03x | 1.22x | CN¥-198.48 Million |
| 2013 | 2.39% | 15.41% | 0.03x | 4.69x | CN¥-168.76 Million |
| 2014 | 15.12% | 26.71% | 0.10x | 5.94x | CN¥130.89 Million |
| 2015 | 27.01% | 23.84% | 0.19x | 5.87x | CN¥575.08 Million |
| 2016 | 9.99% | 12.50% | 0.11x | 7.15x | CN¥-262.06K |
| 2017 | 5.23% | 22.26% | 0.03x | 8.97x | CN¥-177.31 Million |
| 2018 | -5.42% | -8.90% | 0.07x | 8.93x | CN¥-515.18 Million |
| 2019 | 2.11% | 3.18% | 0.08x | 8.17x | CN¥-263.65 Million |
| 2020 | 1.94% | 3.23% | 0.09x | 7.00x | CN¥-273.83 Million |
| 2021 | -3.99% | -10.80% | 0.06x | 6.34x | CN¥-460.52 Million |
| 2022 | -13.76% | -65.53% | 0.03x | 7.92x | CN¥-677.05 Million |
| 2023 | -15.55% | -62.78% | 0.03x | 8.06x | CN¥-631.05 Million |
| 2024 | -3.72% | -9.19% | 0.04x | 9.86x | CN¥-329.23 Million |
Industry Comparison
This section compares Guangdong Golden Dragon Development Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $22,421,298,003
- Average return on equity (ROE) among peers: 8.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Golden Dragon Development Inc (000712) | CN¥4.56 Billion | 14.30% | 4.03x | $913.07 Million |
| Shenwan Hongyuan Group Co Ltd (000166) | $16.07 Billion | 18.21% | 3.12x | $10.62 Billion |
| Northeast Securities Co Ltd (000686) | $78.26 Million | 20.27% | 1.28x | $1.48 Billion |
| Sealand Securities Co Ltd (000750) | $7.16 Billion | 9.64% | 2.69x | $2.84 Billion |
| GF Securities Co Ltd (000776) | $94.14 Billion | 8.01% | 3.19x | $10.71 Billion |
| Changjiang Securities Co Ltd (000783) | $26.77 Billion | 5.77% | 3.23x | $3.30 Billion |
| Holly Futures Co. Ltd. A (001236) | $1.68 Billion | 4.77% | 3.81x | $591.25 Million |
| Shanxi Securities Co Ltd (002500) | $6.30 Billion | 3.07% | 1.08x | $1.47 Billion |
| Western Securities Co Ltd (002673) | $27.16 Billion | 1.59% | 2.52x | $2.22 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $22.44 Billion | 1.88% | 3.36x | $1.41 Billion |