Guangdong Golden Dragon Development Inc Net Assets
Guangdong Golden Dragon Development Inc net assets. Based on the latest financial reports, Guangdong Golden Dragon Development Inc (000712) has net assets worth CN¥4.73 Billion CNY (≈ $692.23 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥24.70 Billion ≈ $3.61 Billion USD) and total liabilities (CN¥19.97 Billion ≈ $2.92 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. Also explore 000712 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.73 Billion |
| % of Total Assets | 19.15% |
| Annual Growth Rate | 13.91% |
| 5-Year Change | -10.16% |
| 10-Year Change | -12.18% |
| Growth Volatility | 33.56 |
Net Assets of Guangdong Golden Dragon Development Inc (1993–2025)
Net assets of Guangdong Golden Dragon Development Inc from 1993 to 2025. This chart illustrates how Guangdong Golden Dragon Development Inc's net assets have evolved over time, based on quarterly financial data. See 000712 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Guangdong Golden Dragon Development Inc (1993–2025)
The table below shows the annual net assets of Guangdong Golden Dragon Development Inc from 1993 to 2025. For live market cap and overall valuation, see how much is Guangdong Golden Dragon Development Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.71 Billion ≈ $689.77 Million |
+5.29% |
| 2024-12-31 | CN¥4.48 Billion ≈ $655.13 Million |
-1.42% |
| 2023-12-31 | CN¥4.54 Billion ≈ $664.58 Million |
-9.89% |
| 2022-12-31 | CN¥5.04 Billion ≈ $737.55 Million |
-3.94% |
| 2021-12-31 | CN¥5.25 Billion ≈ $767.80 Million |
-2.21% |
| 2020-12-31 | CN¥5.37 Billion ≈ $785.18 Million |
+2.49% |
| 2019-12-31 | CN¥5.24 Billion ≈ $766.09 Million |
+1.22% |
| 2018-12-31 | CN¥5.17 Billion ≈ $756.82 Million |
-6.44% |
| 2017-12-31 | CN¥5.53 Billion ≈ $808.89 Million |
+2.99% |
| 2016-12-31 | CN¥5.37 Billion ≈ $785.41 Million |
+7.24% |
| 2015-12-31 | CN¥5.01 Billion ≈ $732.41 Million |
+25.63% |
| 2014-12-31 | CN¥3.98 Billion ≈ $582.97 Million |
+7.23% |
| 2013-12-31 | CN¥3.72 Billion ≈ $543.64 Million |
+65.34% |
| 2012-12-31 | CN¥2.25 Billion ≈ $328.81 Million |
+151.71% |
| 2011-12-31 | CN¥892.70 Million ≈ $130.63 Million |
+1.49% |
| 2010-12-31 | CN¥879.63 Million ≈ $128.72 Million |
+21.52% |
| 2009-12-31 | CN¥723.84 Million ≈ $105.92 Million |
+23.91% |
| 2008-12-31 | CN¥584.15 Million ≈ $85.48 Million |
-15.44% |
| 2007-12-31 | CN¥690.77 Million ≈ $101.08 Million |
+52.61% |
| 2006-12-31 | CN¥452.63 Million ≈ $66.23 Million |
-11.92% |
| 2005-12-31 | CN¥513.86 Million ≈ $75.19 Million |
+0.93% |
| 2004-12-31 | CN¥509.11 Million ≈ $74.50 Million |
-0.01% |
| 2003-12-31 | CN¥509.15 Million ≈ $74.51 Million |
+9.80% |
| 2002-12-31 | CN¥463.73 Million ≈ $67.86 Million |
+3.37% |
| 2001-12-31 | CN¥448.61 Million ≈ $65.65 Million |
+3.60% |
| 2000-12-31 | CN¥433.04 Million ≈ $63.37 Million |
+20.38% |
| 1999-12-31 | CN¥359.74 Million ≈ $52.64 Million |
+6.55% |
| 1998-12-31 | CN¥337.64 Million ≈ $49.41 Million |
+9.77% |
| 1997-12-31 | CN¥307.58 Million ≈ $45.01 Million |
+94.11% |
| 1996-12-31 | CN¥158.46 Million ≈ $23.19 Million |
+48.72% |
| 1995-12-31 | CN¥106.55 Million ≈ $15.59 Million |
+6.02% |
| 1994-12-31 | CN¥100.50 Million ≈ $14.71 Million |
+37.51% |
| 1993-12-31 | CN¥73.08 Million ≈ $10.69 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 53719547502.0% over the analyzed period, indicating profitable operations and earnings retention.
Guangdong Golden Dragon Development Inc Net Assets Breakdown (December 2025)
Guangdong Golden Dragon Development Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥537.20 Million | 20.03% |
| Other Components | CN¥2.15 Billion | 79.97% |
| Total Equity | CN¥2.68 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 |
|---|---|
|
AXWAY SOFTWARE EO 2
F:1XV
|
$1.09 Billion |
|
Elbit Systems Ltd
TA:ESLT
|
$1.09 Billion |
|
BlackRock Health Sciences Trust II
NYSE:BMEZ
|
$1.09 Billion |
|
Wenzhou Yihua Connector Co Ltd
SHE:002897
|
$1.09 Billion |
|
Beijing Wandong Medical Technology Co Ltd
SHG:600055
|
$1.09 Billion |
|
Lindab International AB
ST:LIAB
|
$1.09 Billion |
|
Manchester United Ltd
F:MUF
|
$1.09 Billion |
|
Highpeak Energy Acquisition Corp
NASDAQ:HPK
|
$1.08 Billion |
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 2024 to 2025, total equity changed from 2,400,018,193 to 2,682,597,505, a change of 282,579,312 (11.8%).
- Net income of 283,488,041 contributed positively to equity growth.
- Dividend payments of 551,503,355 reduced retained earnings.
- Other factors increased equity by 550,594,625.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥283.49 Million | +10.57% |
| Dividends Paid | CN¥551.50 Million | -20.56% |
| Other Changes | CN¥550.59 Million | +20.52% |
| Total Change | CN¥- | 11.77% |
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: 2.77x
- 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 69.02x to 2.77x 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¥8.28 | x |
| 1994-12-31 | CN¥0.16 | CN¥8.28 | x |
| 1995-12-31 | CN¥0.17 | CN¥8.28 | x |
| 1996-12-31 | CN¥0.26 | CN¥8.28 | x |
| 1997-12-31 | CN¥0.50 | CN¥8.28 | x |
| 1998-12-31 | CN¥0.55 | CN¥8.28 | x |
| 1999-12-31 | CN¥0.59 | CN¥8.28 | x |
| 2000-12-31 | CN¥0.68 | CN¥8.28 | x |
| 2001-12-31 | CN¥0.70 | CN¥8.28 | x |
| 2002-12-31 | CN¥0.72 | CN¥8.28 | x |
| 2003-12-31 | CN¥0.72 | CN¥8.28 | x |
| 2004-12-31 | CN¥0.72 | CN¥8.28 | x |
| 2005-12-31 | CN¥0.71 | CN¥8.28 | x |
| 2006-12-31 | CN¥0.68 | CN¥8.28 | x |
| 2007-12-31 | CN¥0.82 | CN¥8.28 | x |
| 2008-12-31 | CN¥0.85 | CN¥8.28 | x |
| 2009-12-31 | CN¥1.16 | CN¥8.28 | x |
| 2010-12-31 | CN¥1.41 | CN¥8.28 | x |
| 2011-12-31 | CN¥1.39 | CN¥8.28 | x |
| 2012-12-31 | CN¥3.15 | CN¥8.28 | x |
| 2013-12-31 | CN¥2.49 | CN¥8.28 | x |
| 2014-12-31 | CN¥2.84 | CN¥8.28 | x |
| 2015-12-31 | CN¥3.78 | CN¥8.28 | x |
| 2016-12-31 | CN¥4.10 | CN¥8.28 | x |
| 2017-12-31 | CN¥4.21 | CN¥8.28 | x |
| 2018-12-31 | CN¥3.69 | CN¥8.28 | x |
| 2019-12-31 | CN¥3.79 | CN¥8.28 | x |
| 2020-12-31 | CN¥3.79 | CN¥8.28 | x |
| 2021-12-31 | CN¥3.67 | CN¥8.28 | x |
| 2022-12-31 | CN¥3.18 | CN¥8.28 | x |
| 2023-12-31 | CN¥2.76 | CN¥8.28 | x |
| 2024-12-31 | CN¥2.68 | CN¥8.28 | x |
| 2025-12-31 | CN¥2.99 | CN¥8.28 | 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): 10.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 80.02%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 8.61x
- Recent ROE (10.57%) is above the historical average (6.89%), indicating improving 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 | 2.41% | 15.56% | 0.03x | 4.69x | CN¥-168.26 Million |
| 2014 | 15.12% | 36.13% | 0.07x | 5.94x | CN¥130.89 Million |
| 2015 | 27.01% | 31.15% | 0.15x | 5.87x | CN¥575.08 Million |
| 2016 | 9.99% | 23.37% | 0.06x | 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 |
| 2025 | 10.57% | 80.02% | 0.02x | 8.61x | CN¥15.23 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: $6,341,143,649
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Golden Dragon Development Inc (000712) | CN¥4.73 Billion | 14.30% | 4.22x | $1.09 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $11.87 Billion | 18.85% | 3.13x | $14.54 Billion |
| Northeast Securities Co Ltd (000686) | $470.68 Million | 3.68% | 0.13x | $2.47 Billion |
| Guoyuan Securities Co Ltd (000728) | $990.06 Million | 9.39% | 0.84x | $4.44 Billion |
| Sealand Securities Co Ltd (000750) | $50.52 Million | 29.93% | 1.30x | $3.26 Billion |
| GF Securities Co Ltd (000776) | $266.75 Million | 4.73% | 0.31x | $16.85 Billion |
| Changjiang Securities Co Ltd (000783) | $1.58 Billion | -11.54% | 0.61x | $5.66 Billion |
| Shanxi Securities Co Ltd (002500) | $18.78 Billion | 4.92% | 3.35x | $2.66 Billion |
| Western Securities Co Ltd (002673) | $4.65 Billion | 5.92% | 1.46x | $4.07 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $18.41 Billion | 4.59% | 1.54x | $2.96 Billion |
About 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 and fund management; credit transactions; investment consulting; and private equity and alternative i… Read more