Greatoo Inc
Greatoo Intelligent Equipment Inc. researches and develops, manufactures, and sells tire molds, curing presses, industrial robots, and precision machine tools in China and internationally. It also offers intelligent production lines and Nc machine tools. The company was formerly known as Greatoo Inc. and changed its name to Greatoo Intelligent Equipment Inc. in October 2015. Greatoo Intelligent E… Read more
Greatoo Inc (002031) - Net Assets
Latest net assets as of June 2025: CN¥2.16 Billion CNY
Based on the latest financial reports, Greatoo Inc (002031) has net assets worth CN¥2.16 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.08 Billion) and total liabilities (CN¥1.92 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¥2.16 Billion |
| % of Total Assets | 52.95% |
| Annual Growth Rate | 14.17% |
| 5-Year Change | -34.69% |
| 10-Year Change | -28.31% |
| Growth Volatility | 34.58 |
Greatoo Inc - Net Assets Trend (2001–2024)
This chart illustrates how Greatoo 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 Greatoo Inc (2001–2024)
The table below shows the annual net assets of Greatoo Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.22 Billion | -8.86% |
| 2023-12-31 | CN¥2.44 Billion | -1.26% |
| 2022-12-31 | CN¥2.47 Billion | +1.07% |
| 2021-12-31 | CN¥2.44 Billion | -28.19% |
| 2020-12-31 | CN¥3.40 Billion | -5.90% |
| 2019-12-31 | CN¥3.61 Billion | +3.03% |
| 2018-12-31 | CN¥3.51 Billion | +3.35% |
| 2017-12-31 | CN¥3.39 Billion | +10.44% |
| 2016-12-31 | CN¥3.07 Billion | -0.80% |
| 2015-12-31 | CN¥3.10 Billion | +7.20% |
| 2014-12-31 | CN¥2.89 Billion | +62.99% |
| 2013-12-31 | CN¥1.77 Billion | +28.81% |
| 2012-12-31 | CN¥1.38 Billion | +13.77% |
| 2011-12-31 | CN¥1.21 Billion | +18.95% |
| 2010-12-31 | CN¥1.02 Billion | +9.11% |
| 2009-12-31 | CN¥931.63 Million | +30.14% |
| 2008-12-31 | CN¥715.87 Million | +9.31% |
| 2007-12-31 | CN¥654.90 Million | +20.88% |
| 2006-12-31 | CN¥541.78 Million | +7.82% |
| 2005-12-31 | CN¥502.49 Million | +7.59% |
| 2004-12-31 | CN¥467.04 Million | +157.31% |
| 2003-12-31 | CN¥181.51 Million | +28.66% |
| 2002-12-31 | CN¥141.07 Million | +33.91% |
| 2001-12-31 | CN¥105.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greatoo 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 decreased by 7375.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥2.20 Billion | 99.16% |
| Other Comprehensive Income | CN¥126.48 Million | 5.70% |
| Other Components | CN¥37.55 Million | 1.69% |
| Total Equity | CN¥2.22 Billion | 100.00% |
Greatoo Inc Competitors by Market Cap
The table below lists competitors of Greatoo Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Wenshan Electric Power Co Ltd
SHG:600995
|
$1.79 Billion |
|
Huntsman Corporation
NYSE:HUN
|
$1.79 Billion |
|
LandBridge Company LLC
NYSE:LB
|
$1.79 Billion |
|
MULTIPLAN EMPREENDIMENTOS IMOB
PINK:MLTTY
|
$1.79 Billion |
|
Oracle Financial Services Software Limited
NSE:OFSS
|
$1.79 Billion |
|
Regis Resources Ltd
PINK:RGRNF
|
$1.79 Billion |
|
Legence Corp. Class A Common stock
NASDAQ:LGN
|
$1.79 Billion |
|
Jiangsu Cnano Technology Co Ltd
SHG:688116
|
$1.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greatoo Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,429,956,177 to 2,218,115,077, a change of -211,841,100 (-8.7%).
- Net loss of 208,566,026 reduced equity.
- Dividend payments of 68,590,760 reduced retained earnings.
- Other comprehensive income increased equity by 149,142,994.
- Other factors decreased equity by 83,827,308.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-208.57 Million | -9.4% |
| Dividends Paid | CN¥68.59 Million | -3.09% |
| Other Comprehensive Income | CN¥149.14 Million | +6.72% |
| Other Changes | CN¥-83.83 Million | -3.78% |
| Total Change | CN¥- | -8.72% |
Book Value vs Market Value Analysis
This analysis compares Greatoo 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: 7.39x
- 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 98.93x to 7.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.08 | CN¥7.45 | x |
| 2002-12-31 | CN¥0.10 | CN¥7.45 | x |
| 2003-12-31 | CN¥0.13 | CN¥7.45 | x |
| 2004-12-31 | CN¥0.33 | CN¥7.45 | x |
| 2005-12-31 | CN¥0.36 | CN¥7.45 | x |
| 2006-12-31 | CN¥0.39 | CN¥7.45 | x |
| 2007-12-31 | CN¥0.43 | CN¥7.45 | x |
| 2008-12-31 | CN¥0.48 | CN¥7.45 | x |
| 2009-12-31 | CN¥0.63 | CN¥7.45 | x |
| 2010-12-31 | CN¥0.65 | CN¥7.45 | x |
| 2011-12-31 | CN¥0.77 | CN¥7.45 | x |
| 2012-12-31 | CN¥0.86 | CN¥7.45 | x |
| 2013-12-31 | CN¥1.01 | CN¥7.45 | x |
| 2014-12-31 | CN¥1.54 | CN¥7.45 | x |
| 2015-12-31 | CN¥1.36 | CN¥7.45 | x |
| 2016-12-31 | CN¥1.34 | CN¥7.45 | x |
| 2017-12-31 | CN¥1.37 | CN¥7.45 | x |
| 2018-12-31 | CN¥1.39 | CN¥7.45 | x |
| 2019-12-31 | CN¥1.40 | CN¥7.45 | x |
| 2020-12-31 | CN¥1.32 | CN¥7.45 | x |
| 2021-12-31 | CN¥1.10 | CN¥7.45 | x |
| 2022-12-31 | CN¥1.12 | CN¥7.45 | x |
| 2023-12-31 | CN¥1.10 | CN¥7.45 | x |
| 2024-12-31 | CN¥1.01 | CN¥7.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greatoo 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): -9.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.23%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.91x
- Recent ROE (-9.40%) is below the historical average (6.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 28.55% | 22.44% | 0.82x | 1.56x | CN¥19.54 Million |
| 2002 | 24.57% | 21.10% | 0.55x | 2.11x | CN¥20.35 Million |
| 2003 | 22.45% | 22.13% | 0.54x | 1.87x | CN¥22.42 Million |
| 2004 | 12.28% | 25.77% | 0.35x | 1.36x | CN¥10.63 Million |
| 2005 | 11.60% | 23.20% | 0.32x | 1.57x | CN¥8.03 Million |
| 2006 | 12.37% | 25.47% | 0.29x | 1.70x | CN¥12.81 Million |
| 2007 | 13.39% | 27.75% | 0.26x | 1.89x | CN¥22.17 Million |
| 2008 | 9.03% | 17.63% | 0.29x | 1.77x | CN¥-6.92 Million |
| 2009 | 8.93% | 20.38% | 0.30x | 1.47x | CN¥-9.98 Million |
| 2010 | 10.44% | 18.62% | 0.33x | 1.68x | CN¥4.50 Million |
| 2011 | 11.75% | 19.63% | 0.30x | 1.99x | CN¥21.19 Million |
| 2012 | 8.12% | 14.37% | 0.29x | 1.96x | CN¥-25.81 Million |
| 2013 | 9.47% | 18.61% | 0.32x | 1.59x | CN¥-9.33 Million |
| 2014 | 5.36% | 14.48% | 0.27x | 1.38x | CN¥-133.68 Million |
| 2015 | 4.33% | 13.10% | 0.23x | 1.46x | CN¥-169.07 Million |
| 2016 | 1.07% | 3.86% | 0.17x | 1.61x | CN¥-263.28 Million |
| 2017 | 2.12% | 5.52% | 0.16x | 2.33x | CN¥-236.91 Million |
| 2018 | 1.78% | 3.89% | 0.20x | 2.32x | CN¥-251.17 Million |
| 2019 | 0.68% | 1.49% | 0.24x | 1.87x | CN¥-286.16 Million |
| 2020 | -5.52% | -9.56% | 0.28x | 2.07x | CN¥-451.11 Million |
| 2021 | -19.33% | -21.24% | 0.48x | 1.91x | CN¥-711.82 Million |
| 2022 | 1.54% | 3.82% | 0.23x | 1.78x | CN¥-208.05 Million |
| 2023 | -1.26% | -3.81% | 0.19x | 1.73x | CN¥-273.59 Million |
| 2024 | -9.40% | -21.23% | 0.23x | 1.91x | CN¥-430.38 Million |
Industry Comparison
This section compares Greatoo Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,751,605,266
- Average return on equity (ROE) among peers: 3.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greatoo Inc (002031) | CN¥2.16 Billion | 28.55% | 0.89x | $1.79 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Million | 0.00% | 0.00x | $362.53 Million |
| Wanxiang Qianchao Co Ltd (000559) | $5.46 Billion | 13.23% | 1.21x | $2.57 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.49 Billion | -7.43% | 2.21x | $811.92 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.56 Billion | 1.77% | 2.12x | $455.37 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $-104.62 Million | 0.00% | 0.00x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $351.71 Million | 3.10% | 0.97x | $643.46 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.38 Billion | 4.32% | 2.30x | $956.75 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $546.55 Million | 2.75% | 0.63x | $234.35 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $13.03 Billion | 9.60% | 0.85x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $805.42 Million | 8.72% | 0.32x | $1.67 Billion |