GRG Banking Equipment Co Ltd
GRG Banking Equipment Co., Ltd. provides artificial intelligence solutions for financial self-service industry in China and internationally. the company operates through two segments: FinTech and Smart City. It provides intelligent self-service equipment; and AI-driven visual big data, smart building technologies, and advanced transportation systems. It offers automatic teller machines, and recyc… Read more
GRG Banking Equipment Co Ltd (002152) - Net Assets
Latest net assets as of September 2025: CN¥15.49 Billion CNY
Based on the latest financial reports, GRG Banking Equipment Co Ltd (002152) has net assets worth CN¥15.49 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¥29.10 Billion) and total liabilities (CN¥13.61 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¥15.49 Billion |
| % of Total Assets | 53.23% |
| Annual Growth Rate | 29.64% |
| 5-Year Change | 39.8% |
| 10-Year Change | 221.23% |
| Growth Volatility | 69.43 |
GRG Banking Equipment Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how GRG Banking Equipment 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 GRG Banking Equipment Co Ltd (2004–2024)
The table below shows the annual net assets of GRG Banking Equipment Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.30 Billion | +6.11% |
| 2023-12-31 | CN¥14.42 Billion | +7.38% |
| 2022-12-31 | CN¥13.43 Billion | +11.88% |
| 2021-12-31 | CN¥12.00 Billion | +9.66% |
| 2020-12-31 | CN¥10.95 Billion | +10.43% |
| 2019-12-31 | CN¥9.91 Billion | +4.23% |
| 2018-12-31 | CN¥9.51 Billion | +0.27% |
| 2017-12-31 | CN¥9.48 Billion | +6.93% |
| 2016-12-31 | CN¥8.87 Billion | +86.22% |
| 2015-12-31 | CN¥4.76 Billion | +10.08% |
| 2014-12-31 | CN¥4.33 Billion | +19.51% |
| 2013-12-31 | CN¥3.62 Billion | +20.94% |
| 2012-12-31 | CN¥2.99 Billion | +21.65% |
| 2011-12-31 | CN¥2.46 Billion | +21.46% |
| 2010-12-31 | CN¥2.03 Billion | +20.97% |
| 2009-12-31 | CN¥1.67 Billion | +24.56% |
| 2008-12-31 | CN¥1.34 Billion | +30.93% |
| 2007-12-31 | CN¥1.03 Billion | +324.34% |
| 2006-12-31 | CN¥242.03 Million | +66.40% |
| 2005-12-31 | CN¥145.45 Million | +70.92% |
| 2004-12-31 | CN¥85.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GRG Banking Equipment 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 23936.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.35 Billion | 50.47% |
| Common Stock | CN¥2.48 Billion | 19.74% |
| Other Comprehensive Income | CN¥749.84 Million | 5.96% |
| Other Components | CN¥3.00 Billion | 23.82% |
| Total Equity | CN¥12.58 Billion | 100.00% |
GRG Banking Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of GRG Banking Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huaibei Mining Holdings Co Ltd
SHG:600985
|
$2.00 Billion |
|
Heijmans N.V
F:HJN1
|
$2.01 Billion |
|
Ta Chen Stainless Pipe Co Ltd
TW:2027
|
$2.01 Billion |
|
Hub Group Inc
NASDAQ:HUBG
|
$2.01 Billion |
|
Reply S.p.A
F:REJA
|
$2.00 Billion |
|
Shandong Xinhua Pharmaceutical Company Limited
PINK:SHNXY
|
$2.00 Billion |
|
PT United Tractors Tbk
F:UTY
|
$2.00 Billion |
|
Jubilant Foodworks Limited
NSE:JUBLFOOD
|
$2.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GRG Banking Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,004,190,080 to 12,578,584,000, a change of 574,393,920 (4.8%).
- Net income of 919,826,753 contributed positively to equity growth.
- Dividend payments of 537,366,441 reduced retained earnings.
- Other comprehensive income increased equity by 232,845,588.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥919.83 Million | +7.31% |
| Dividends Paid | CN¥537.37 Million | -4.27% |
| Other Comprehensive Income | CN¥232.85 Million | +1.85% |
| Other Changes | CN¥-40.91 Million | -0.33% |
| Total Change | CN¥- | 4.78% |
Book Value vs Market Value Analysis
This analysis compares GRG Banking Equipment 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: 2.52x
- 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 213.24x to 2.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.06 | CN¥12.73 | x |
| 2005-12-31 | CN¥0.10 | CN¥12.73 | x |
| 2006-12-31 | CN¥0.16 | CN¥12.73 | x |
| 2007-12-31 | CN¥0.61 | CN¥12.73 | x |
| 2008-12-31 | CN¥0.66 | CN¥12.73 | x |
| 2009-12-31 | CN¥0.82 | CN¥12.73 | x |
| 2010-12-31 | CN¥1.00 | CN¥12.73 | x |
| 2011-12-31 | CN¥1.20 | CN¥12.73 | x |
| 2012-12-31 | CN¥1.46 | CN¥12.73 | x |
| 2013-12-31 | CN¥1.74 | CN¥12.73 | x |
| 2014-12-31 | CN¥2.05 | CN¥12.73 | x |
| 2015-12-31 | CN¥2.24 | CN¥12.73 | x |
| 2016-12-31 | CN¥3.57 | CN¥12.73 | x |
| 2017-12-31 | CN¥3.66 | CN¥12.73 | x |
| 2018-12-31 | CN¥3.63 | CN¥12.73 | x |
| 2019-12-31 | CN¥3.76 | CN¥12.73 | x |
| 2020-12-31 | CN¥4.13 | CN¥12.73 | x |
| 2021-12-31 | CN¥4.42 | CN¥12.73 | x |
| 2022-12-31 | CN¥4.68 | CN¥12.73 | x |
| 2023-12-31 | CN¥4.79 | CN¥12.73 | x |
| 2024-12-31 | CN¥5.06 | CN¥12.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GRG Banking Equipment 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): 7.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.46%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.23x
- Recent ROE (7.31%) is below the historical average (17.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 35.51% | 16.89% | 0.71x | 2.98x | CN¥21.71 Million |
| 2005 | 25.45% | 15.79% | 0.66x | 2.45x | CN¥22.47 Million |
| 2006 | 37.24% | 22.38% | 0.67x | 2.47x | CN¥65.94 Million |
| 2007 | 22.55% | 29.65% | 0.48x | 1.57x | CN¥128.86 Million |
| 2008 | 24.93% | 27.63% | 0.58x | 1.56x | CN¥198.55 Million |
| 2009 | 23.36% | 26.06% | 0.67x | 1.34x | CN¥221.85 Million |
| 2010 | 23.66% | 27.93% | 0.61x | 1.38x | CN¥274.35 Million |
| 2011 | 20.79% | 24.24% | 0.62x | 1.39x | CN¥262.85 Million |
| 2012 | 19.49% | 26.68% | 0.54x | 1.35x | CN¥281.81 Million |
| 2013 | 20.23% | 28.02% | 0.50x | 1.45x | CN¥356.54 Million |
| 2014 | 19.47% | 25.62% | 0.47x | 1.60x | CN¥392.72 Million |
| 2015 | 19.92% | 22.61% | 0.52x | 1.71x | CN¥447.47 Million |
| 2016 | 10.08% | 19.08% | 0.37x | 1.42x | CN¥6.42 Million |
| 2017 | 10.12% | 20.52% | 0.35x | 1.43x | CN¥10.39 Million |
| 2018 | 7.72% | 12.28% | 0.41x | 1.55x | CN¥-198.40 Million |
| 2019 | 8.37% | 11.67% | 0.46x | 1.57x | CN¥-147.32 Million |
| 2020 | 7.03% | 10.93% | 0.41x | 1.58x | CN¥-295.30 Million |
| 2021 | 7.51% | 12.15% | 0.40x | 1.55x | CN¥-273.52 Million |
| 2022 | 7.14% | 11.02% | 0.37x | 1.74x | CN¥-331.86 Million |
| 2023 | 8.14% | 10.80% | 0.35x | 2.18x | CN¥-223.50 Million |
| 2024 | 7.31% | 8.46% | 0.39x | 2.23x | CN¥-338.03 Million |
Industry Comparison
This section compares GRG Banking Equipment 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: $1,268,474,928
- Average return on equity (ROE) among peers: -9.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GRG Banking Equipment Co Ltd (002152) | CN¥15.49 Billion | 35.51% | 0.88x | $2.00 Billion |
| Shaanxi Fenghuo Electronics Co Ltd (000561) | $198.10 Million | -149.80% | 6.60x | $733.63 Million |
| Guangbo Group Stock Co Ltd (002103) | $1.63 Billion | 5.06% | 0.32x | $325.29 Million |
| Hengbao Co Ltd (002104) | $1.88 Billion | 8.65% | 0.16x | $1.33 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $1.24 Billion | 7.58% | 0.20x | $799.98 Million |
| Shenzhen Comix Group Co Ltd (002301) | $1.12 Billion | 6.25% | 0.41x | $388.88 Million |
| Shandong New Beiyang Information Technology Co Ltd (002376) | $4.14 Billion | 1.17% | 0.32x | $606.96 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $566.62 Million | 6.12% | 0.21x | $86.19 Million |
| Wuhan Tianyu Info Industry (300205) | $230.23 Million | 22.64% | 1.53x | $174.42 Million |
| Shandong Synthesis Electronic Technology Co Ltd (300479) | $407.81 Million | 5.05% | 0.25x | $383.73 Million |