Guangzhou Seagull Kitchen And Bath Products Co Ltd
Guangzhou Seagull Kitchen and Bath Products Co., Ltd. designs, develops, produces, and sells kitchen and bathroom products, and customized prefabricated spaces for residential and commercial applications in the People's Republic of China and internationally. It offers faucet and cabinet components, sanitary ware, ceramics, bathtubs, shower rooms, bathroom cabinets, integrated cabinets, tiles, and… Read more
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) - Net Assets
Latest net assets as of September 2025: CN¥1.50 Billion CNY
Based on the latest financial reports, Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) has net assets worth CN¥1.50 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¥3.28 Billion) and total liabilities (CN¥1.78 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¥1.50 Billion |
| % of Total Assets | 45.66% |
| Annual Growth Rate | 12.16% |
| 5-Year Change | -22.12% |
| 10-Year Change | 38.88% |
| Growth Volatility | 38.52 |
Guangzhou Seagull Kitchen And Bath Products Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Guangzhou Seagull Kitchen And Bath Products 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 Guangzhou Seagull Kitchen And Bath Products Co Ltd (2003–2024)
The table below shows the annual net assets of Guangzhou Seagull Kitchen And Bath Products Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.59 Billion | -9.83% |
| 2023-12-31 | CN¥1.77 Billion | -15.80% |
| 2022-12-31 | CN¥2.10 Billion | +3.52% |
| 2021-12-31 | CN¥2.03 Billion | -0.92% |
| 2020-12-31 | CN¥2.04 Billion | +19.18% |
| 2019-12-31 | CN¥1.72 Billion | +3.16% |
| 2018-12-31 | CN¥1.66 Billion | -0.83% |
| 2017-12-31 | CN¥1.68 Billion | +34.27% |
| 2016-12-31 | CN¥1.25 Billion | +8.91% |
| 2015-12-31 | CN¥1.15 Billion | +38.80% |
| 2014-12-31 | CN¥826.19 Million | +3.54% |
| 2013-12-31 | CN¥797.95 Million | +1.07% |
| 2012-12-31 | CN¥789.47 Million | +0.45% |
| 2011-12-31 | CN¥785.95 Million | -6.09% |
| 2010-12-31 | CN¥836.95 Million | +2.08% |
| 2009-12-31 | CN¥819.90 Million | +1.81% |
| 2008-12-31 | CN¥805.32 Million | +7.35% |
| 2007-12-31 | CN¥750.18 Million | +10.07% |
| 2006-12-31 | CN¥681.54 Million | +166.69% |
| 2005-12-31 | CN¥255.56 Million | +3.43% |
| 2004-12-31 | CN¥247.08 Million | +72.60% |
| 2003-12-31 | CN¥143.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Seagull Kitchen And Bath Products 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 810.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥412.52 Million | 27.92% |
| Common Stock | CN¥646.06 Million | 43.73% |
| Other Comprehensive Income | CN¥63.00 Million | 4.26% |
| Other Components | CN¥355.94 Million | 24.09% |
| Total Equity | CN¥1.48 Billion | 100.00% |
Guangzhou Seagull Kitchen And Bath Products Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Seagull Kitchen And Bath Products Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GAMSUNG Corporation Co. Ltd
KQ:036620
|
$194.96 Million |
|
Thu Dau Mot Water JSC
VN:TDM
|
$195.11 Million |
|
Guangzhou LBP Medicine Science & Technology Co Ltd
SHG:688393
|
$195.24 Million |
|
Changchun Gas Co Ltd
SHG:600333
|
$195.28 Million |
|
Sampo Corp
TW:1604
|
$194.91 Million |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
$194.85 Million |
|
Ads Tec Energy PLC
NASDAQ:ADSE
|
$194.80 Million |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
$194.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Seagull Kitchen And Bath Products Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,631,224,625 to 1,477,515,198, a change of -153,709,427 (-9.4%).
- Net loss of 123,812,009 reduced equity.
- Dividend payments of 52,627,748 reduced retained earnings.
- Share repurchases of 16,931,056 reduced equity.
- Other comprehensive income increased equity by 6,331,775.
- Other factors increased equity by 33,329,611.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-123.81 Million | -8.38% |
| Dividends Paid | CN¥52.63 Million | -3.56% |
| Share Repurchases | CN¥16.93 Million | -1.15% |
| Other Comprehensive Income | CN¥6.33 Million | +0.43% |
| Other Changes | CN¥33.33 Million | +2.26% |
| Total Change | CN¥- | -9.42% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Seagull Kitchen And Bath Products 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: 1.81x
- 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 10.74x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.39 | CN¥4.14 | x |
| 2004-12-31 | CN¥0.56 | CN¥4.14 | x |
| 2005-12-31 | CN¥0.59 | CN¥4.14 | x |
| 2006-12-31 | CN¥1.49 | CN¥4.14 | x |
| 2007-12-31 | CN¥1.26 | CN¥4.14 | x |
| 2008-12-31 | CN¥1.37 | CN¥4.14 | x |
| 2009-12-31 | CN¥1.37 | CN¥4.14 | x |
| 2010-12-31 | CN¥1.44 | CN¥4.14 | x |
| 2011-12-31 | CN¥1.22 | CN¥4.14 | x |
| 2012-12-31 | CN¥1.47 | CN¥4.14 | x |
| 2013-12-31 | CN¥1.45 | CN¥4.14 | x |
| 2014-12-31 | CN¥1.48 | CN¥4.14 | x |
| 2015-12-31 | CN¥2.00 | CN¥4.14 | x |
| 2016-12-31 | CN¥1.95 | CN¥4.14 | x |
| 2017-12-31 | CN¥2.41 | CN¥4.14 | x |
| 2018-12-31 | CN¥2.36 | CN¥4.14 | x |
| 2019-12-31 | CN¥2.43 | CN¥4.14 | x |
| 2020-12-31 | CN¥2.71 | CN¥4.14 | x |
| 2021-12-31 | CN¥2.80 | CN¥4.14 | x |
| 2022-12-31 | CN¥2.89 | CN¥4.14 | x |
| 2023-12-31 | CN¥2.52 | CN¥4.14 | x |
| 2024-12-31 | CN¥2.29 | CN¥4.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Seagull Kitchen And Bath Products 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): -8.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.34%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.37x
- Recent ROE (-8.38%) is below the historical average (8.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 37.70% | 15.97% | 1.14x | 2.07x | CN¥39.15 Million |
| 2004 | 30.93% | 10.30% | 1.18x | 2.55x | CN¥42.82 Million |
| 2005 | 24.19% | 5.94% | 1.36x | 3.00x | CN¥30.87 Million |
| 2006 | 18.81% | 7.51% | 1.30x | 1.93x | CN¥54.37 Million |
| 2007 | 13.99% | 5.33% | 1.29x | 2.04x | CN¥27.05 Million |
| 2008 | 6.61% | 2.82% | 1.13x | 2.07x | CN¥-24.59 Million |
| 2009 | 2.38% | 1.47% | 0.79x | 2.04x | CN¥-56.52 Million |
| 2010 | 9.49% | 4.45% | 1.03x | 2.06x | CN¥-4.01 Million |
| 2011 | 1.12% | 0.58% | 0.93x | 2.09x | CN¥-68.06 Million |
| 2012 | 4.60% | 2.14% | 0.99x | 2.17x | CN¥-41.48 Million |
| 2013 | 5.20% | 2.41% | 1.01x | 2.13x | CN¥-37.31 Million |
| 2014 | 5.16% | 2.49% | 0.98x | 2.11x | CN¥-38.60 Million |
| 2015 | 4.14% | 2.69% | 0.93x | 1.65x | CN¥-65.36 Million |
| 2016 | 7.17% | 4.76% | 0.96x | 1.58x | CN¥-33.51 Million |
| 2017 | 5.67% | 4.44% | 0.85x | 1.51x | CN¥-70.17 Million |
| 2018 | 2.64% | 1.89% | 0.77x | 1.81x | CN¥-116.95 Million |
| 2019 | 8.14% | 5.09% | 0.85x | 1.88x | CN¥-29.99 Million |
| 2020 | 8.60% | 4.56% | 0.83x | 2.26x | CN¥-24.71 Million |
| 2021 | 2.41% | 1.06% | 0.89x | 2.54x | CN¥-138.24 Million |
| 2022 | 1.27% | 0.72% | 0.79x | 2.25x | CN¥-162.93 Million |
| 2023 | -14.25% | -8.01% | 0.79x | 2.27x | CN¥-395.65 Million |
| 2024 | -8.38% | -4.34% | 0.82x | 2.37x | CN¥-271.56 Million |
Industry Comparison
This section compares Guangzhou Seagull Kitchen And Bath Products Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | CN¥1.50 Billion | 37.70% | 1.19x | $194.94 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |