Guilin Tourism Corp Ltd
Guilin Tourism Corporation Limited provides tourism and related services in China. The company is involved in cruise passenger transportation, scenic tourism, hotels, road travel passenger transport, and taxi businesses. Guilin Tourism Corporation Limited was founded in 1998 and is headquartered in Guilin, China.
Guilin Tourism Corp Ltd (000978) - Net Assets
Latest net assets as of September 2025: CN¥1.11 Billion CNY
Based on the latest financial reports, Guilin Tourism Corp Ltd (000978) has net assets worth CN¥1.11 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¥2.28 Billion) and total liabilities (CN¥1.17 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¥1.11 Billion |
| % of Total Assets | 48.63% |
| Annual Growth Rate | 9.75% |
| 5-Year Change | -20.43% |
| 10-Year Change | -32.56% |
| Growth Volatility | 69.3 |
Guilin Tourism Corp Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Guilin Tourism Corp 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 Guilin Tourism Corp Ltd (1997–2024)
The table below shows the annual net assets of Guilin Tourism Corp Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | -16.07% |
| 2023-12-31 | CN¥1.28 Billion | +0.11% |
| 2022-12-31 | CN¥1.28 Billion | +14.46% |
| 2021-12-31 | CN¥1.12 Billion | -17.27% |
| 2020-12-31 | CN¥1.35 Billion | -15.27% |
| 2019-12-31 | CN¥1.60 Billion | -0.73% |
| 2018-12-31 | CN¥1.61 Billion | +2.53% |
| 2017-12-31 | CN¥1.57 Billion | +2.51% |
| 2016-12-31 | CN¥1.53 Billion | -4.14% |
| 2015-12-31 | CN¥1.60 Billion | +0.04% |
| 2014-12-31 | CN¥1.60 Billion | +3.21% |
| 2013-12-31 | CN¥1.55 Billion | +4.50% |
| 2012-12-31 | CN¥1.48 Billion | +1.26% |
| 2011-12-31 | CN¥1.46 Billion | -2.22% |
| 2010-12-31 | CN¥1.50 Billion | +175.44% |
| 2009-12-31 | CN¥542.90 Million | -3.22% |
| 2008-12-31 | CN¥560.94 Million | +11.80% |
| 2007-12-31 | CN¥501.72 Million | +7.77% |
| 2006-12-31 | CN¥465.57 Million | +1.30% |
| 2005-12-31 | CN¥459.59 Million | +2.35% |
| 2004-12-31 | CN¥449.06 Million | +1.81% |
| 2003-12-31 | CN¥441.09 Million | +2.21% |
| 2002-12-31 | CN¥431.55 Million | +5.63% |
| 2001-12-31 | CN¥408.54 Million | +14.41% |
| 2000-12-31 | CN¥357.07 Million | +303.25% |
| 1999-12-31 | CN¥88.55 Million | -53.72% |
| 1998-12-31 | CN¥191.32 Million | +118.96% |
| 1997-12-31 | CN¥87.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guilin Tourism Corp 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 decreased by 81711554700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥468.13 Million | 43.67% |
| Other Comprehensive Income | CN¥100.79 Million | 9.40% |
| Other Components | CN¥1.32 Billion | 123.15% |
| Total Equity | CN¥1.07 Billion | 100.00% |
Guilin Tourism Corp Ltd Competitors by Market Cap
The table below lists competitors of Guilin Tourism Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iron Horse Acquisitions II Corp. Common Stock
NASDAQ:IRHO
|
$236.15 Million |
|
Excelsior Medical Co Ltd
TW:4104
|
$236.19 Million |
|
Hoang Anh Gia Lai Agricultural JSC
VN:HNG
|
$236.20 Million |
|
GnCenergy Co Ltd
KQ:119850
|
$236.21 Million |
|
Texmaco Rail & Engineering Limited
NSE:TEXRAIL
|
$236.07 Million |
|
EnQuest PLC
PINK:ENQUF
|
$235.91 Million |
|
Saga plc
PINK:SGPLF
|
$235.89 Million |
|
Pro Real Estate Investment Trust
PINK:PRVFF
|
$235.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guilin Tourism Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,303,929,411 to 1,071,994,951, a change of -231,934,460 (-17.8%).
- Net loss of 204,463,086 reduced equity.
- Dividend payments of 34,520,505 reduced retained earnings.
- Other comprehensive income increased equity by 100,822,210.
- Other factors decreased equity by 93,773,079.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-204.46 Million | -19.07% |
| Dividends Paid | CN¥34.52 Million | -3.22% |
| Other Comprehensive Income | CN¥100.82 Million | +9.41% |
| Other Changes | CN¥-93.77 Million | -8.75% |
| Total Change | CN¥- | -17.79% |
Book Value vs Market Value Analysis
This analysis compares Guilin Tourism Corp 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: 3.24x
- 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 19.57x to 3.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.38 | CN¥7.43 | x |
| 1998-12-31 | CN¥0.83 | CN¥7.43 | x |
| 1999-12-31 | CN¥0.38 | CN¥7.43 | x |
| 2000-12-31 | CN¥1.54 | CN¥7.43 | x |
| 2001-12-31 | CN¥1.57 | CN¥7.43 | x |
| 2002-12-31 | CN¥1.61 | CN¥7.43 | x |
| 2003-12-31 | CN¥1.66 | CN¥7.43 | x |
| 2004-12-31 | CN¥1.78 | CN¥7.43 | x |
| 2005-12-31 | CN¥1.82 | CN¥7.43 | x |
| 2006-12-31 | CN¥1.86 | CN¥7.43 | x |
| 2007-12-31 | CN¥2.04 | CN¥7.43 | x |
| 2008-12-31 | CN¥2.16 | CN¥7.43 | x |
| 2009-12-31 | CN¥2.09 | CN¥7.43 | x |
| 2010-12-31 | CN¥4.23 | CN¥7.43 | x |
| 2011-12-31 | CN¥4.06 | CN¥7.43 | x |
| 2012-12-31 | CN¥4.12 | CN¥7.43 | x |
| 2013-12-31 | CN¥4.01 | CN¥7.43 | x |
| 2014-12-31 | CN¥4.03 | CN¥7.43 | x |
| 2015-12-31 | CN¥4.08 | CN¥7.43 | x |
| 2016-12-31 | CN¥4.15 | CN¥7.43 | x |
| 2017-12-31 | CN¥4.21 | CN¥7.43 | x |
| 2018-12-31 | CN¥4.36 | CN¥7.43 | x |
| 2019-12-31 | CN¥4.42 | CN¥7.43 | x |
| 2020-12-31 | CN¥3.66 | CN¥7.43 | x |
| 2021-12-31 | CN¥3.07 | CN¥7.43 | x |
| 2022-12-31 | CN¥3.11 | CN¥7.43 | x |
| 2023-12-31 | CN¥2.79 | CN¥7.43 | x |
| 2024-12-31 | CN¥2.29 | CN¥7.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guilin Tourism Corp 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): -19.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -47.37%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.01x
- Recent ROE (-19.07%) 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 |
|---|---|---|---|---|---|
| 1997 | 81.08% | 36.49% | 1.41x | 1.58x | CN¥62.11 Million |
| 1998 | 38.47% | 32.84% | 0.60x | 1.96x | CN¥54.47 Million |
| 1999 | 37.08% | 25.95% | 0.58x | 2.47x | CN¥23.98 Million |
| 2000 | 10.24% | 26.19% | 0.32x | 1.21x | CN¥863.05K |
| 2001 | 12.10% | 21.91% | 0.40x | 1.37x | CN¥7.60 Million |
| 2002 | 12.49% | 20.56% | 0.39x | 1.57x | CN¥9.25 Million |
| 2003 | 2.62% | 6.79% | 0.26x | 1.49x | CN¥-28.13 Million |
| 2004 | 8.88% | 15.39% | 0.31x | 1.85x | CN¥-4.58 Million |
| 2005 | 8.87% | 13.63% | 0.34x | 1.93x | CN¥-4.72 Million |
| 2006 | 10.36% | 15.32% | 0.35x | 1.94x | CN¥1.56 Million |
| 2007 | 11.30% | 16.04% | 0.40x | 1.77x | CN¥6.10 Million |
| 2008 | 4.68% | 11.45% | 0.21x | 1.98x | CN¥-26.37 Million |
| 2009 | 7.06% | 15.96% | 0.21x | 2.11x | CN¥-14.09 Million |
| 2010 | 4.92% | 13.80% | 0.23x | 1.56x | CN¥-72.87 Million |
| 2011 | 4.49% | 12.79% | 0.21x | 1.68x | CN¥-80.51 Million |
| 2012 | 3.93% | 11.64% | 0.22x | 1.53x | CN¥-90.23 Million |
| 2013 | 0.75% | 2.40% | 0.16x | 1.95x | CN¥-131.76 Million |
| 2014 | 2.56% | 3.76% | 0.32x | 2.10x | CN¥-108.46 Million |
| 2015 | 2.16% | 6.35% | 0.18x | 1.94x | CN¥-115.50 Million |
| 2016 | 0.41% | 1.23% | 0.18x | 1.83x | CN¥-140.06 Million |
| 2017 | 3.49% | 9.52% | 0.21x | 1.73x | CN¥-98.61 Million |
| 2018 | 5.12% | 14.03% | 0.20x | 1.86x | CN¥-76.67 Million |
| 2019 | 1.56% | 4.10% | 0.21x | 1.80x | CN¥-134.40 Million |
| 2020 | -22.51% | -116.21% | 0.10x | 2.03x | CN¥-428.02 Million |
| 2021 | -21.20% | -98.03% | 0.09x | 2.32x | CN¥-344.41 Million |
| 2022 | -23.58% | -234.57% | 0.05x | 1.83x | CN¥-432.35 Million |
| 2023 | 1.26% | 3.51% | 0.20x | 1.80x | CN¥-114.02 Million |
| 2024 | -19.07% | -47.37% | 0.20x | 2.01x | CN¥-311.66 Million |
Industry Comparison
This section compares Guilin Tourism Corp Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,240,868,642
- Average return on equity (ROE) among peers: 8.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guilin Tourism Corp Ltd (000978) | CN¥1.11 Billion | 81.08% | 1.06x | $236.14 Million |
| ShenZhen Zero-Seven Co Ltd (000007) | $-74.87 Million | 0.00% | 0.00x | $257.28 Million |
| Shenzhen Overseas Chinese Town Co Ltd (000069) | $1.82 Billion | 12.64% | 0.65x | $1.17 Billion |
| Huatian Hotel Group Co Ltd (000428) | $2.46 Billion | 0.08% | 1.67x | $234.77 Million |
| Zhang Jia Jie Tourism Group Co Ltd (000430) | $216.43 Million | 0.72% | 0.50x | $221.75 Million |
| XiAn Tourism Co Ltd (000610) | $417.85 Million | 6.45% | 1.33x | $209.05 Million |
| LiJiang YuLong Tourism Co Ltd (002033) | $2.67 Billion | 2.64% | 0.06x | $387.01 Million |
| Yunnan Tourism Co Ltd (002059) | $2.12 Billion | 23.01% | 0.95x | $252.90 Million |
| SSAW Hotels & Resorts Group Co.Ltd. (301073) | $252.33 Million | 28.63% | 0.81x | $405.41 Million |
| China CYTS Tours Holding Co Ltd (600138) | $1.30 Billion | 2.50% | 0.31x | $711.50 Million |