Guangbo Group Stock Co Ltd (002103) - Net Assets
Based on the latest financial reports, Guangbo Group Stock Co Ltd (002103) has net assets worth CN¥1.26 Billion CNY (≈ $183.86 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.98 Billion ≈ $290.27 Million USD) and total liabilities (CN¥727.13 Million ≈ $106.40 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 Guangbo Group Stock Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.26 Billion |
| % of Total Assets | 63.34% |
| Annual Growth Rate | 9.96% |
| 5-Year Change | 53.32% |
| 10-Year Change | -27.58% |
| Growth Volatility | 41.17 |
Guangbo Group Stock Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Guangbo Group Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guangbo Group Stock Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Guangbo Group Stock Co Ltd (2003–2025)
The table below shows the annual net assets of Guangbo Group Stock Co Ltd from 2003 to 2025. For live valuation and market cap data, see Guangbo Group Stock Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.24 Billion ≈ $181.13 Million |
+17.37% |
| 2024-12-31 | CN¥1.05 Billion ≈ $154.33 Million |
+11.79% |
| 2023-12-31 | CN¥943.45 Million ≈ $138.06 Million |
+21.69% |
| 2022-12-31 | CN¥775.26 Million ≈ $113.45 Million |
-3.97% |
| 2021-12-31 | CN¥807.31 Million ≈ $118.13 Million |
+2.46% |
| 2020-12-31 | CN¥787.91 Million ≈ $115.30 Million |
-23.27% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.26 Million |
+1.21% |
| 2018-12-31 | CN¥1.01 Billion ≈ $148.47 Million |
-42.99% |
| 2017-12-31 | CN¥1.78 Billion ≈ $260.42 Million |
+4.12% |
| 2016-12-31 | CN¥1.71 Billion ≈ $250.12 Million |
+5.02% |
| 2015-12-31 | CN¥1.63 Billion ≈ $238.17 Million |
+117.20% |
| 2014-12-31 | CN¥749.35 Million ≈ $109.65 Million |
-0.41% |
| 2013-12-31 | CN¥752.40 Million ≈ $110.10 Million |
+0.45% |
| 2012-12-31 | CN¥749.01 Million ≈ $109.60 Million |
+1.88% |
| 2011-12-31 | CN¥735.21 Million ≈ $107.58 Million |
+1.57% |
| 2010-12-31 | CN¥723.86 Million ≈ $105.92 Million |
+3.55% |
| 2009-12-31 | CN¥699.06 Million ≈ $102.29 Million |
+6.66% |
| 2008-12-31 | CN¥655.39 Million ≈ $95.90 Million |
+7.64% |
| 2007-12-31 | CN¥608.88 Million ≈ $89.10 Million |
+7.67% |
| 2006-12-31 | CN¥565.52 Million ≈ $82.75 Million |
+148.93% |
| 2005-12-31 | CN¥227.18 Million ≈ $33.24 Million |
-4.51% |
| 2004-12-31 | CN¥237.92 Million ≈ $34.81 Million |
+55.17% |
| 2003-12-31 | CN¥153.33 Million ≈ $22.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangbo Group Stock 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 decreased by 131.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.25 Billion | 101.18% |
| Total Equity | CN¥1.24 Billion | 100.00% |
Guangbo Group Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Guangbo Group Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vinh Hoan Corp
VN:VHC
|
$498.88 Million |
|
Shelf Drilling Ltd
OL:SHLF
|
$498.91 Million |
|
Global Dominion Access S.A
MC:DOM
|
$498.92 Million |
|
Petpal Pet Nutrition Technology Co Ltd
SHE:300673
|
$499.04 Million |
|
Dareway Software Co Ltd
SHG:688579
|
$498.71 Million |
|
Queen's Road Capital Investment Ltd.
TO:QRC
|
$498.66 Million |
|
Shaanxi Xinghua Chemistry Co Ltd
SHE:002109
|
$498.64 Million |
|
SunOpta Inc.
NASDAQ:STKL
|
$498.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangbo Group Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,054,640,252 to 1,237,807,193, a change of 183,166,941 (17.4%).
- Net income of 164,557,770 contributed positively to equity growth.
- Dividend payments of 522,042 reduced retained earnings.
- Other comprehensive income decreased equity by 67,059,609.
- Other factors increased equity by 86,190,822.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥164.56 Million | +13.29% |
| Dividends Paid | CN¥522.04K | -0.04% |
| Other Comprehensive Income | CN¥-67.06 Million | -5.42% |
| Other Changes | CN¥86.19 Million | +6.96% |
| Total Change | CN¥- | 17.37% |
Book Value vs Market Value Analysis
This analysis compares Guangbo Group Stock 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: 2.75x
- 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 7.19x to 2.75x 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¥0.89 | CN¥6.38 | x |
| 2004-12-31 | CN¥1.39 | CN¥6.38 | x |
| 2005-12-31 | CN¥1.36 | CN¥6.38 | x |
| 2006-12-31 | CN¥1.84 | CN¥6.38 | x |
| 2007-12-31 | CN¥1.51 | CN¥6.38 | x |
| 2008-12-31 | CN¥1.66 | CN¥6.38 | x |
| 2009-12-31 | CN¥1.76 | CN¥6.38 | x |
| 2010-12-31 | CN¥1.84 | CN¥6.38 | x |
| 2011-12-31 | CN¥1.84 | CN¥6.38 | x |
| 2012-12-31 | CN¥1.90 | CN¥6.38 | x |
| 2013-12-31 | CN¥1.96 | CN¥6.38 | x |
| 2014-12-31 | CN¥1.77 | CN¥6.38 | x |
| 2015-12-31 | CN¥3.28 | CN¥6.38 | x |
| 2016-12-31 | CN¥3.14 | CN¥6.38 | x |
| 2017-12-31 | CN¥3.18 | CN¥6.38 | x |
| 2018-12-31 | CN¥1.87 | CN¥6.38 | x |
| 2019-12-31 | CN¥1.60 | CN¥6.38 | x |
| 2020-12-31 | CN¥1.47 | CN¥6.38 | x |
| 2021-12-31 | CN¥1.31 | CN¥6.38 | x |
| 2022-12-31 | CN¥1.50 | CN¥6.38 | x |
| 2023-12-31 | CN¥1.78 | CN¥6.38 | x |
| 2024-12-31 | CN¥2.01 | CN¥6.38 | x |
| 2025-12-31 | CN¥2.32 | CN¥6.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangbo Group Stock 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): 13.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.99%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.91x
- Recent ROE (13.29%) is above the historical average (5.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 29.74% | 9.64% | 0.92x | 3.37x | CN¥25.88 Million |
| 2004 | 40.80% | 18.27% | 0.67x | 3.34x | CN¥63.06 Million |
| 2005 | 20.57% | 7.89% | 1.04x | 2.51x | CN¥21.30 Million |
| 2006 | 11.62% | 9.42% | 0.75x | 1.64x | CN¥8.70 Million |
| 2007 | 12.85% | 9.26% | 0.95x | 1.45x | CN¥17.08 Million |
| 2008 | 10.39% | 7.67% | 0.77x | 1.76x | CN¥2.52 Million |
| 2009 | 10.07% | 8.10% | 0.81x | 1.54x | CN¥502.21K |
| 2010 | 8.47% | 5.50% | 0.86x | 1.79x | CN¥-10.89 Million |
| 2011 | 6.05% | 4.14% | 0.87x | 1.67x | CN¥-28.49 Million |
| 2012 | 4.98% | 3.52% | 0.89x | 1.59x | CN¥-36.97 Million |
| 2013 | 2.27% | 1.98% | 0.72x | 1.58x | CN¥-57.32 Million |
| 2014 | 1.26% | 1.02% | 0.78x | 1.58x | CN¥-64.67 Million |
| 2015 | 5.08% | 5.65% | 0.68x | 1.33x | CN¥-79.67 Million |
| 2016 | 7.01% | 7.27% | 0.63x | 1.53x | CN¥-51.08 Million |
| 2017 | 6.29% | 4.70% | 0.90x | 1.49x | CN¥-66.00 Million |
| 2018 | -66.83% | -33.07% | 0.99x | 2.03x | CN¥-778.83 Million |
| 2019 | 1.25% | 0.59% | 1.14x | 1.86x | CN¥-89.84 Million |
| 2020 | -30.01% | -9.12% | 1.54x | 2.13x | CN¥-315.31 Million |
| 2021 | 2.28% | 0.65% | 1.59x | 2.22x | CN¥-62.23 Million |
| 2022 | -4.68% | -1.46% | 1.23x | 2.61x | CN¥-113.68 Million |
| 2023 | 17.94% | 6.29% | 1.25x | 2.28x | CN¥74.93 Million |
| 2024 | 14.43% | 5.48% | 1.23x | 2.14x | CN¥46.73 Million |
| 2025 | 13.29% | 5.99% | 1.16x | 1.91x | CN¥40.78 Million |
Industry Comparison
This section compares Guangbo Group Stock Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $6,284,477,675
- Average return on equity (ROE) among peers: 4.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangbo Group Stock Co Ltd (002103) | CN¥1.26 Billion | 29.74% | 0.58x | $498.79 Million |
| Shaanxi Fenghuo Electronics Co Ltd (000561) | $523.25 Million | 15.75% | 1.43x | $1.01 Billion |
| Hengbao Co Ltd (002104) | $459.86 Million | 13.35% | 0.25x | $1.21 Billion |
| GRG Banking Equipment Co Ltd (002152) | $45.16 Billion | 1.90% | -0.34x | $3.65 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $1.64 Billion | -3.86% | 0.08x | $682.80 Million |
| Shenzhen Comix Group Co Ltd (002301) | $1.25 Billion | 8.38% | 2.04x | $849.68 Million |
| Shandong New Beiyang Information Technology Co Ltd (002376) | $3.43 Billion | 0.56% | 0.58x | $735.39 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $566.62 Million | 6.12% | 0.21x | $111.31 Million |
| Xgd Inc (300130) | $2.12 Billion | 11.69% | 0.96x | $1.81 Billion |
| Wuhan Tianyu Info Industry (300205) | $1.41 Billion | -10.59% | 1.23x | $356.19 Million |
About Guangbo Group Stock Co Ltd
Guangbo Group Stock Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of cultural and educational office supplies in China. It is also involved in fashion office supplies, cultural and creative life, and office direct sales. In addition, the company engages in e-commerce, internet website advertising, and other internet marketing business. Guangbo Group Stock Co., Ltd… Read more