Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) - Net Assets

Latest as of September 2025: CN¥1.50 Billion CNY ≈ $219.04 Million USD

Based on the latest financial reports, Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) has net assets worth CN¥1.50 Billion CNY (≈ $219.04 Million USD) 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 ≈ $479.72 Million USD) and total liabilities (CN¥1.78 Billion ≈ $260.68 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 Guangzhou Seagull Kitchen And Bath Produ liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 002084 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Guangzhou Seagull Kitchen And Bath Produ (002084) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥1.59 Billion ≈ $233.04 Million	-9.83%
2023-12-31	CN¥1.77 Billion ≈ $258.43 Million	-15.80%
2022-12-31	CN¥2.10 Billion ≈ $306.91 Million	+3.52%
2021-12-31	CN¥2.03 Billion ≈ $296.47 Million	-0.92%
2020-12-31	CN¥2.04 Billion ≈ $299.22 Million	+19.18%
2019-12-31	CN¥1.72 Billion ≈ $251.07 Million	+3.16%
2018-12-31	CN¥1.66 Billion ≈ $243.37 Million	-0.83%
2017-12-31	CN¥1.68 Billion ≈ $245.40 Million	+34.27%
2016-12-31	CN¥1.25 Billion ≈ $182.76 Million	+8.91%
2015-12-31	CN¥1.15 Billion ≈ $167.80 Million	+38.80%
2014-12-31	CN¥826.19 Million ≈ $120.90 Million	+3.54%
2013-12-31	CN¥797.95 Million ≈ $116.76 Million	+1.07%
2012-12-31	CN¥789.47 Million ≈ $115.52 Million	+0.45%
2011-12-31	CN¥785.95 Million ≈ $115.01 Million	-6.09%
2010-12-31	CN¥836.95 Million ≈ $122.47 Million	+2.08%
2009-12-31	CN¥819.90 Million ≈ $119.98 Million	+1.81%
2008-12-31	CN¥805.32 Million ≈ $117.84 Million	+7.35%
2007-12-31	CN¥750.18 Million ≈ $109.77 Million	+10.07%
2006-12-31	CN¥681.54 Million ≈ $99.73 Million	+166.69%
2005-12-31	CN¥255.56 Million ≈ $37.40 Million	+3.43%
2004-12-31	CN¥247.08 Million ≈ $36.16 Million	+72.60%
2003-12-31	CN¥143.15 Million ≈ $20.95 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
SamsungFN REIT Co. Ltd. KO:448730	$365.90 Million
Pioneer Bancorp Inc NASDAQ:PBFS	$365.93 Million
Shenzhen L&A Design Holding Limited SHE:300949	$365.95 Million
Samji Electronics Co. Ltd KQ:037460	$366.05 Million
Top Bright Holding Co Ltd TW:8499	$365.74 Million
Shanxi Tond Chemical Co Ltd SHE:002360	$365.69 Million
Letong Chemical Co Ltd SHE:002319	$365.68 Million
WEIHAI CITY COMM.BK H 1 F:8K0	$365.63 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: 1.69x
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 10.04x to 1.69x 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¥3.87	x
2004-12-31	CN¥0.56	CN¥3.87	x
2005-12-31	CN¥0.59	CN¥3.87	x
2006-12-31	CN¥1.49	CN¥3.87	x
2007-12-31	CN¥1.26	CN¥3.87	x
2008-12-31	CN¥1.37	CN¥3.87	x
2009-12-31	CN¥1.37	CN¥3.87	x
2010-12-31	CN¥1.44	CN¥3.87	x
2011-12-31	CN¥1.22	CN¥3.87	x
2012-12-31	CN¥1.47	CN¥3.87	x
2013-12-31	CN¥1.45	CN¥3.87	x
2014-12-31	CN¥1.48	CN¥3.87	x
2015-12-31	CN¥2.00	CN¥3.87	x
2016-12-31	CN¥1.95	CN¥3.87	x
2017-12-31	CN¥2.41	CN¥3.87	x
2018-12-31	CN¥2.36	CN¥3.87	x
2019-12-31	CN¥2.43	CN¥3.87	x
2020-12-31	CN¥2.71	CN¥3.87	x
2021-12-31	CN¥2.80	CN¥3.87	x
2022-12-31	CN¥2.89	CN¥3.87	x
2023-12-31	CN¥2.52	CN¥3.87	x
2024-12-31	CN¥2.29	CN¥3.87	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: $19,409,697,104
Average return on equity (ROE) among peers: -14.83%

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	$365.86 Million
Midea Group Co Ltd (000333)	$151.92 Billion	19.45%	1.78x	$81.76 Billion
Changhong Meiling Co Ltd (000521)	$3.42 Billion	0.77%	1.65x	$750.93 Million
Gree Electric Appliances Inc of Zhuhai (000651)	$5.86 Billion	21.67%	3.36x	$32.71 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921)	$4.24 Billion	-19.59%	0.63x	$3.33 Billion
Suncha Technology Co Ltd (001211)	$477.06 Million	18.82%	0.71x	$466.21 Million
Elec-Tech International Co Ltd (002005)	$4.28 Billion	0.21%	1.55x	$746.23 Million
Zhejiang Supor Co Ltd (002032)	$3.73 Billion	15.77%	0.54x	$5.56 Billion
Vatti Corp Ltd (002035)	$312.34 Million	-3.56%	1.61x	$730.59 Million
CNlight Co Ltd (002076)	$446.05 Million	-186.97%	2.56x	$373.29 Million

About Guangzhou Seagull Kitchen And Bath Products Co Ltd

SHE:002084 China Furnishings, Fixtures & Appliances

Market Cap

$365.86 Million

CN¥2.50 Billion CNY

Market Cap Rank

#14156 Global

#4456 in China

Share Price

CN¥3.87

Change (1 day)

+1.57%

52-Week Range

CN¥3.23 - CN¥5.17

All Time High

CN¥156.01