Guangdong Goworld Co Ltd

SHE:000823 China Consumer Electronics
Market Cap
$1.13 Billion
CN¥8.32 Billion CNY
Market Cap Rank
#8321 Global
#1560 in China
Share Price
CN¥15.49
Change (1 day)
-4.62%
52-Week Range
CN¥8.50 - CN¥16.61
All Time High
CN¥17.15
Categories
Companies in China Consumer Electronics Technology AI & Machine Learning
About

Guangdong Goworld Co., Ltd. provides electronic components and ultrasonic electronic instruments in China. The company offers printed circuit boards, liquid crystal displays, touch screens, copper clad laminates, prepregs, and ultrasonic electronic instruments. Its products are used in communications, automotive electronics, radar, industrial automation, medical equipment, electronics, and other … Read more

Guangdong Goworld Co Ltd (000823) - Net Assets

Latest net assets as of September 2025: CN¥5.43 Billion CNY

Based on the latest financial reports, Guangdong Goworld Co Ltd (000823) has net assets worth CN¥5.43 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¥8.51 Billion) and total liabilities (CN¥3.08 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¥5.43 Billion
% of Total Assets 63.81%
Annual Growth Rate 12.19%
5-Year Change 23.82%
10-Year Change 68.41%
Growth Volatility 33.25

Guangdong Goworld Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Guangdong Goworld 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 Guangdong Goworld Co Ltd (1994–2024)

The table below shows the annual net assets of Guangdong Goworld Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.34 Billion +3.16%
2023-12-31 CN¥5.18 Billion +2.22%
2022-12-31 CN¥5.06 Billion +7.56%
2021-12-31 CN¥4.71 Billion +9.17%
2020-12-31 CN¥4.31 Billion +8.87%
2019-12-31 CN¥3.96 Billion +6.52%
2018-12-31 CN¥3.72 Billion +6.19%
2017-12-31 CN¥3.50 Billion +4.85%
2016-12-31 CN¥3.34 Billion +5.34%
2015-12-31 CN¥3.17 Billion +0.76%
2014-12-31 CN¥3.15 Billion +39.26%
2013-12-31 CN¥2.26 Billion +2.14%
2012-12-31 CN¥2.21 Billion +6.36%
2011-12-31 CN¥2.08 Billion +7.23%
2010-12-31 CN¥1.94 Billion +6.76%
2009-12-31 CN¥1.82 Billion +7.10%
2008-12-31 CN¥1.70 Billion +6.61%
2007-12-31 CN¥1.59 Billion +38.67%
2006-12-31 CN¥1.15 Billion +5.03%
2005-12-31 CN¥1.09 Billion +7.85%
2004-12-31 CN¥1.01 Billion +5.09%
2003-12-31 CN¥963.85 Million -5.27%
2002-12-31 CN¥1.02 Billion +1.06%
2001-12-31 CN¥1.01 Billion +4.28%
2000-12-31 CN¥965.53 Million +39.94%
1999-12-31 CN¥689.98 Million +3.51%
1998-12-31 CN¥666.58 Million +11.39%
1997-12-31 CN¥598.41 Million +184.65%
1996-12-31 CN¥210.23 Million +11.20%
1995-12-31 CN¥189.06 Million +11.74%
1994-12-31 CN¥169.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong Goworld 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 94458.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.29 Billion 47.89%
Common Stock CN¥536.99 Million 11.24%
Other Comprehensive Income CN¥590.54 Million 12.36%
Other Components CN¥1.36 Billion 28.50%
Total Equity CN¥4.78 Billion 100.00%

Guangdong Goworld Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong Goworld Co Ltd ranked by their market capitalization.

Company Market Cap
Hainan Strait Shipping Co Ltd
SHE:002320
 		$782.78 Million
Schiehallion Fund Ltd
LSE:MNTN
 		$782.78 Million
China Railway Materials Co Ltd
SHE:000927
 		$782.90 Million
Xinke Material
SHG:600255
 		$783.04 Million
Gansu Shangfeng Cement Co Ltd
SHE:000672
 		$782.48 Million
Jilin OLED Material Tech Co Ltd
SHG:688378
 		$782.07 Million
Elite Semiconductor Memory Technology Inc
TW:3006
 		$781.48 Million
Pursuit Attractions and Hospitality, Inc.
NYSE:PRSU
 		$781.31 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,611,426,517 to 4,776,134,224, a change of 164,707,707 (3.6%).
  • Net income of 215,768,802 contributed positively to equity growth.
  • Dividend payments of 94,911,630 reduced retained earnings.
  • Other comprehensive income increased equity by 590,537,992.
  • Other factors decreased equity by 546,687,457.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥215.77 Million +4.52%
Dividends Paid CN¥94.91 Million -1.99%
Other Comprehensive Income CN¥590.54 Million +12.36%
Other Changes CN¥-546.69 Million -11.45%
Total Change CN¥- 3.57%

Book Value vs Market Value Analysis

This analysis compares Guangdong Goworld 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: 1.74x
  • 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 42.19x to 1.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.37 CN¥15.49 x
1995-12-31 CN¥0.40 CN¥15.49 x
1996-12-31 CN¥0.44 CN¥15.49 x
1997-12-31 CN¥1.44 CN¥15.49 x
1998-12-31 CN¥1.57 CN¥15.49 x
1999-12-31 CN¥1.60 CN¥15.49 x
2000-12-31 CN¥2.26 CN¥15.49 x
2001-12-31 CN¥2.25 CN¥15.49 x
2002-12-31 CN¥2.24 CN¥15.49 x
2003-12-31 CN¥2.14 CN¥15.49 x
2004-12-31 CN¥2.24 CN¥15.49 x
2005-12-31 CN¥2.37 CN¥15.49 x
2006-12-31 CN¥2.64 CN¥15.49 x
2007-12-31 CN¥3.55 CN¥15.49 x
2008-12-31 CN¥3.32 CN¥15.49 x
2009-12-31 CN¥3.54 CN¥15.49 x
2010-12-31 CN¥3.78 CN¥15.49 x
2011-12-31 CN¥4.04 CN¥15.49 x
2012-12-31 CN¥4.31 CN¥15.49 x
2013-12-31 CN¥4.42 CN¥15.49 x
2014-12-31 CN¥5.51 CN¥15.49 x
2015-12-31 CN¥5.30 CN¥15.49 x
2016-12-31 CN¥5.58 CN¥15.49 x
2017-12-31 CN¥5.81 CN¥15.49 x
2018-12-31 CN¥6.17 CN¥15.49 x
2019-12-31 CN¥6.58 CN¥15.49 x
2020-12-31 CN¥7.22 CN¥15.49 x
2021-12-31 CN¥7.55 CN¥15.49 x
2022-12-31 CN¥8.09 CN¥15.49 x
2023-12-31 CN¥8.59 CN¥15.49 x
2024-12-31 CN¥8.89 CN¥15.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong Goworld 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): 4.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.75%
  • • Asset Turnover: 0.68x
  • • Equity Multiplier: 1.76x
  • Recent ROE (4.52%) is below the historical average (9.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 26.03% 26.33% 0.47x 2.10x CN¥22.83 Million
1995 35.98% 26.64% 0.61x 2.22x CN¥40.50 Million
1996 33.72% 26.45% 0.51x 2.49x CN¥40.63 Million
1997 10.42% 22.34% 0.35x 1.33x CN¥2.36 Million
1998 14.24% 21.65% 0.44x 1.49x CN¥25.84 Million
1999 10.38% 13.40% 0.48x 1.60x CN¥2.39 Million
2000 8.43% 11.84% 0.45x 1.60x CN¥-13.77 Million
2001 4.72% 6.41% 0.41x 1.80x CN¥-46.17 Million
2002 1.13% 1.72% 0.34x 1.91x CN¥-76.99 Million
2003 -4.36% -4.91% 0.37x 2.40x CN¥-119.20 Million
2004 4.68% 3.64% 0.49x 2.61x CN¥-46.25 Million
2005 5.64% 3.74% 0.58x 2.58x CN¥-40.04 Million
2006 8.73% 4.42% 0.71x 2.78x CN¥-12.06 Million
2007 7.83% 4.68% 0.71x 2.37x CN¥-29.85 Million
2008 7.50% 4.52% 0.85x 1.96x CN¥-36.55 Million
2009 7.15% 4.86% 0.75x 1.97x CN¥-44.44 Million
2010 9.59% 5.35% 0.89x 2.02x CN¥-6.80 Million
2011 10.23% 5.52% 0.98x 1.90x CN¥4.10 Million
2012 9.86% 5.14% 1.02x 1.88x CN¥-2.63 Million
2013 6.85% 3.76% 0.89x 2.04x CN¥-61.43 Million
2014 5.66% 4.02% 0.84x 1.69x CN¥-122.86 Million
2015 3.21% 2.51% 0.79x 1.62x CN¥-193.25 Million
2016 6.25% 5.30% 0.75x 1.58x CN¥-112.27 Million
2017 6.15% 4.43% 0.85x 1.63x CN¥-119.89 Million
2018 8.14% 5.46% 0.91x 1.64x CN¥-61.52 Million
2019 8.57% 6.26% 0.85x 1.61x CN¥-50.46 Million
2020 7.99% 6.00% 0.75x 1.78x CN¥-77.80 Million
2021 9.03% 5.58% 0.81x 2.00x CN¥-40.29 Million
2022 9.29% 6.25% 0.78x 1.91x CN¥-31.72 Million
2023 4.25% 3.59% 0.65x 1.83x CN¥-265.15 Million
2024 4.52% 3.75% 0.68x 1.76x CN¥-261.84 Million

Industry Comparison

This section compares Guangdong Goworld Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.

Industry Context

  • Industry: Consumer Electronics
  • Average net assets among peers: $2,665,509,560
  • Average return on equity (ROE) among peers: 16.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong Goworld Co Ltd (000823) CN¥5.43 Billion 26.03% 0.57x $782.76 Million
Konka Group Co Ltd (000016) $803.11 Million 33.00% 2.14x $834.83 Million
Tianma Microelectronics Co Ltd (000050) $13.25 Billion 4.19% 0.63x $1.46 Billion
Soyea Technology Co Ltd (000909) $619.17 Million 3.70% 3.31x $199.78 Million
Guangdong AVCiT Tech Hldg Co (001229) $332.60 Million 29.11% 0.18x $166.04 Million
Emdoor Information Co. Ltd. A (001314) $183.39 Million 3.34% 1.39x $345.23 Million
Hengdian Group DMEGC Magnetics Co Ltd (002056) $4.74 Billion 14.54% 0.43x $2.26 Billion
Shenzhen Auto Electric Power Plant Co Ltd (002227) $119.38 Million 29.15% 0.90x $150.39 Million
Goertek Inc (002241) $1.71 Billion 16.17% 0.92x $7.92 Billion
Edifier Technology Co Ltd (002351) $2.23 Billion 14.12% 0.20x $640.66 Million