Guangdong Goworld Co Ltd (000823) - Net Assets
Based on the latest financial reports, Guangdong Goworld Co Ltd (000823) has net assets worth CN¥5.50 Billion CNY (≈ $805.01 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.59 Billion ≈ $1.26 Billion USD) and total liabilities (CN¥3.09 Billion ≈ $451.69 Million 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 Guangdong Goworld Co Ltd (000823) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.50 Billion |
| % of Total Assets | 64.06% |
| Annual Growth Rate | 11.89% |
| 5-Year Change | 16.86% |
| 10-Year Change | 64.73% |
| Growth Volatility | 32.78 |
Guangdong Goworld Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Guangdong Goworld Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Guangdong Goworld Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Goworld Co Ltd (1994–2025)
The table below shows the annual net assets of Guangdong Goworld Co Ltd from 1994 to 2025. For live valuation and market cap data, see Guangdong Goworld Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.50 Billion ≈ $805.01 Million |
+3.04% |
| 2024-12-31 | CN¥5.34 Billion ≈ $781.26 Million |
+3.16% |
| 2023-12-31 | CN¥5.18 Billion ≈ $757.33 Million |
+2.22% |
| 2022-12-31 | CN¥5.06 Billion ≈ $740.92 Million |
+7.56% |
| 2021-12-31 | CN¥4.71 Billion ≈ $688.84 Million |
+9.17% |
| 2020-12-31 | CN¥4.31 Billion ≈ $630.98 Million |
+8.87% |
| 2019-12-31 | CN¥3.96 Billion ≈ $579.57 Million |
+6.52% |
| 2018-12-31 | CN¥3.72 Billion ≈ $544.08 Million |
+6.19% |
| 2017-12-31 | CN¥3.50 Billion ≈ $512.35 Million |
+4.85% |
| 2016-12-31 | CN¥3.34 Billion ≈ $488.67 Million |
+5.34% |
| 2015-12-31 | CN¥3.17 Billion ≈ $463.91 Million |
+0.76% |
| 2014-12-31 | CN¥3.15 Billion ≈ $460.43 Million |
+39.26% |
| 2013-12-31 | CN¥2.26 Billion ≈ $330.62 Million |
+2.14% |
| 2012-12-31 | CN¥2.21 Billion ≈ $323.69 Million |
+6.36% |
| 2011-12-31 | CN¥2.08 Billion ≈ $304.33 Million |
+7.23% |
| 2010-12-31 | CN¥1.94 Billion ≈ $283.81 Million |
+6.76% |
| 2009-12-31 | CN¥1.82 Billion ≈ $265.83 Million |
+7.10% |
| 2008-12-31 | CN¥1.70 Billion ≈ $248.21 Million |
+6.61% |
| 2007-12-31 | CN¥1.59 Billion ≈ $232.83 Million |
+38.67% |
| 2006-12-31 | CN¥1.15 Billion ≈ $167.90 Million |
+5.03% |
| 2005-12-31 | CN¥1.09 Billion ≈ $159.86 Million |
+7.85% |
| 2004-12-31 | CN¥1.01 Billion ≈ $148.23 Million |
+5.09% |
| 2003-12-31 | CN¥963.85 Million ≈ $141.04 Million |
-5.27% |
| 2002-12-31 | CN¥1.02 Billion ≈ $148.89 Million |
+1.06% |
| 2001-12-31 | CN¥1.01 Billion ≈ $147.33 Million |
+4.28% |
| 2000-12-31 | CN¥965.53 Million ≈ $141.29 Million |
+39.94% |
| 1999-12-31 | CN¥689.98 Million ≈ $100.97 Million |
+3.51% |
| 1998-12-31 | CN¥666.58 Million ≈ $97.54 Million |
+11.39% |
| 1997-12-31 | CN¥598.41 Million ≈ $87.57 Million |
+184.65% |
| 1996-12-31 | CN¥210.23 Million ≈ $30.76 Million |
+11.20% |
| 1995-12-31 | CN¥189.06 Million ≈ $27.67 Million |
+11.74% |
| 1994-12-31 | CN¥169.19 Million ≈ $24.76 Million |
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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 98507.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.39 Billion | 48.83% |
| Common Stock | CN¥537.00 Million | 10.99% |
| Other Comprehensive Income | CN¥601.46 Million | 12.31% |
| Other Components | CN¥1.36 Billion | 27.87% |
| Total Equity | CN¥4.89 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 |
|---|---|
|
Edelweiss Financial Services Limited
NSE:EDELWEISS
|
$1.17 Billion |
|
Ramkrishna Forgings Limited
NSE:RKFORGE
|
$1.17 Billion |
|
Yindu Kitchen Equipment Co Ltd
SHG:603277
|
$1.17 Billion |
|
Zhejiang Tiantie Industry Co Ltd
SHE:300587
|
$1.17 Billion |
|
Jiangsu Changhai Compos Material
SHE:300196
|
$1.17 Billion |
|
Genting Plantations Bhd
KLSE:2291
|
$1.17 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
$1.17 Billion |
|
Growthpoint Properties Australia
AU:GOZ
|
$1.17 Billion |
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 2024 to 2025, total equity changed from 4,776,134,224 to 4,885,157,323, a change of 109,023,099 (2.3%).
- Net income of 222,448,964 contributed positively to equity growth.
- Dividend payments of 107,398,301 reduced retained earnings.
- Other comprehensive income increased equity by 10,920,563.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥222.45 Million | +4.55% |
| Dividends Paid | CN¥107.40 Million | -2.2% |
| Other Comprehensive Income | CN¥10.92 Million | +0.22% |
| Other Changes | CN¥-16.95 Million | -0.35% |
| Total Change | CN¥- | 2.28% |
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: 1.64x
- 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 40.53x to 1.64x 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¥14.88 | x |
| 1995-12-31 | CN¥0.40 | CN¥14.88 | x |
| 1996-12-31 | CN¥0.44 | CN¥14.88 | x |
| 1997-12-31 | CN¥1.44 | CN¥14.88 | x |
| 1998-12-31 | CN¥1.57 | CN¥14.88 | x |
| 1999-12-31 | CN¥1.60 | CN¥14.88 | x |
| 2000-12-31 | CN¥2.26 | CN¥14.88 | x |
| 2001-12-31 | CN¥2.25 | CN¥14.88 | x |
| 2002-12-31 | CN¥2.24 | CN¥14.88 | x |
| 2003-12-31 | CN¥2.14 | CN¥14.88 | x |
| 2004-12-31 | CN¥2.24 | CN¥14.88 | x |
| 2005-12-31 | CN¥2.37 | CN¥14.88 | x |
| 2006-12-31 | CN¥2.64 | CN¥14.88 | x |
| 2007-12-31 | CN¥3.55 | CN¥14.88 | x |
| 2008-12-31 | CN¥3.32 | CN¥14.88 | x |
| 2009-12-31 | CN¥3.54 | CN¥14.88 | x |
| 2010-12-31 | CN¥3.78 | CN¥14.88 | x |
| 2011-12-31 | CN¥4.04 | CN¥14.88 | x |
| 2012-12-31 | CN¥4.31 | CN¥14.88 | x |
| 2013-12-31 | CN¥4.42 | CN¥14.88 | x |
| 2014-12-31 | CN¥5.51 | CN¥14.88 | x |
| 2015-12-31 | CN¥5.30 | CN¥14.88 | x |
| 2016-12-31 | CN¥5.58 | CN¥14.88 | x |
| 2017-12-31 | CN¥5.81 | CN¥14.88 | x |
| 2018-12-31 | CN¥6.17 | CN¥14.88 | x |
| 2019-12-31 | CN¥6.58 | CN¥14.88 | x |
| 2020-12-31 | CN¥7.22 | CN¥14.88 | x |
| 2021-12-31 | CN¥7.55 | CN¥14.88 | x |
| 2022-12-31 | CN¥8.09 | CN¥14.88 | x |
| 2023-12-31 | CN¥8.59 | CN¥14.88 | x |
| 2024-12-31 | CN¥8.89 | CN¥14.88 | x |
| 2025-12-31 | CN¥9.10 | CN¥14.88 | 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): 4.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.53%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.76x
- Recent ROE (4.55%) is below the historical average (9.26%), 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 |
| 2025 | 4.55% | 3.53% | 0.73x | 1.76x | CN¥-266.07 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: $1,732,782,956
- Average return on equity (ROE) among peers: 6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Goworld Co Ltd (000823) | CN¥5.50 Billion | 26.03% | 0.56x | $1.17 Billion |
| Konka Group Co Ltd (000016) | $4.30 Billion | 1.22% | 2.90x | $756.97 Million |
| Tianma Microelectronics Co Ltd (000050) | $2.49 Billion | 2.83% | 2.20x | $2.74 Billion |
| Soyea Technology Co Ltd (000909) | $531.73 Million | 0.67% | 0.46x | $298.48 Million |
| Guoguang Electric Co Ltd (002045) | $1.99 Billion | 2.02% | 1.43x | $928.45 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $3.30 Billion | 11.56% | 0.45x | $4.51 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $601.18 Million | 4.47% | 0.09x | $318.38 Million |
| Goertek Inc (002241) | $75.51 Million | 19.36% | 1.39x | $12.71 Billion |
| Edifier Technology Co Ltd (002351) | $1.78 Billion | 6.54% | 0.13x | $1.45 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $526.42 Million | 13.50% | 1.36x | $440.55 Million |
About Guangdong Goworld Co Ltd
Guangdong Goworld Co., Ltd. provides printed circuit boards, liquid crystal displays and touch screens, copper clad laminates and prepregs, and ultrasonic electronic instruments in China. It also exports its products. The company was founded in 1997 and is based in Shantou, China.