Guangzhou Zhiguang Electric Co Ltd
Guangzhou Zhiguang Electric Co.,Ltd. provides digital energy technology products and services worldwide. The company offers energy digital control systems, enterprise energy management systems, energy storage EMS, energy storage smart cloud networks, optical storage charging micro-grid smart energy management platforms, intelligent power operation and maintenance systems, and photovoltaic power p… Read more
Guangzhou Zhiguang Electric Co Ltd (002169) - Net Assets
Latest net assets as of September 2025: CN¥2.93 Billion CNY
Based on the latest financial reports, Guangzhou Zhiguang Electric Co Ltd (002169) has net assets worth CN¥2.93 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¥9.87 Billion) and total liabilities (CN¥6.93 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¥2.93 Billion |
| % of Total Assets | 29.74% |
| Annual Growth Rate | 26.21% |
| 5-Year Change | -11.33% |
| 10-Year Change | 128.91% |
| Growth Volatility | 51.19 |
Guangzhou Zhiguang Electric Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Guangzhou Zhiguang Electric 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 Zhiguang Electric Co Ltd (2004–2024)
The table below shows the annual net assets of Guangzhou Zhiguang Electric Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.94 Billion | -11.13% |
| 2023-12-31 | CN¥3.30 Billion | -3.61% |
| 2022-12-31 | CN¥3.43 Billion | +2.22% |
| 2021-12-31 | CN¥3.35 Billion | +1.25% |
| 2020-12-31 | CN¥3.31 Billion | +9.58% |
| 2019-12-31 | CN¥3.02 Billion | -1.13% |
| 2018-12-31 | CN¥3.06 Billion | +1.22% |
| 2017-12-31 | CN¥3.02 Billion | +3.20% |
| 2016-12-31 | CN¥2.93 Billion | +128.14% |
| 2015-12-31 | CN¥1.28 Billion | +87.43% |
| 2014-12-31 | CN¥684.46 Million | +6.14% |
| 2013-12-31 | CN¥644.87 Million | +3.97% |
| 2012-12-31 | CN¥620.24 Million | -0.27% |
| 2011-12-31 | CN¥621.89 Million | +9.32% |
| 2010-12-31 | CN¥568.88 Million | +61.07% |
| 2009-12-31 | CN¥353.20 Million | +11.12% |
| 2008-12-31 | CN¥317.85 Million | +7.63% |
| 2007-12-31 | CN¥295.32 Million | +164.59% |
| 2006-12-31 | CN¥111.61 Million | +107.58% |
| 2005-12-31 | CN¥53.77 Million | +92.48% |
| 2004-12-31 | CN¥27.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Zhiguang Electric 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 1240.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥181.87 Million | 6.75% |
| Common Stock | CN¥782.70 Million | 29.03% |
| Other Comprehensive Income | CN¥330.42 Million | 12.26% |
| Other Components | CN¥1.40 Billion | 51.97% |
| Total Equity | CN¥2.70 Billion | 100.00% |
Guangzhou Zhiguang Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Zhiguang Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Attendo AB (publ)
ST:ATT
|
$928.49 Million |
|
Affle (India) Limited
NSE:AFFLE
|
$928.60 Million |
|
Shanghai Fortune Techgroup Co Ltd
SHE:300493
|
$928.71 Million |
|
Appian Corp
NASDAQ:APPN
|
$928.77 Million |
|
Norwegian Air Shuttle ASA
PINK:NWARF
|
$927.92 Million |
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
|
$927.81 Million |
|
Ficont Industry (Beijing) Co. Ltd.
SHG:605305
|
$927.68 Million |
|
Uxi Unicomp Technology Co. Ltd. A
SHG:688531
|
$927.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Zhiguang Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,080,920,480 to 2,696,165,521, a change of -384,754,959 (-12.5%).
- Net loss of 326,458,062 reduced equity.
- Dividend payments of 152,135,296 reduced retained earnings.
- Share repurchases of 25,454,224 reduced equity.
- Other comprehensive income decreased equity by 5,600,116.
- Other factors increased equity by 124,892,739.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-326.46 Million | -12.11% |
| Dividends Paid | CN¥152.14 Million | -5.64% |
| Share Repurchases | CN¥25.45 Million | -0.94% |
| Other Comprehensive Income | CN¥-5.60 Million | -0.21% |
| Other Changes | CN¥124.89 Million | +4.63% |
| Total Change | CN¥- | -12.49% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Zhiguang Electric 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: 4.49x
- 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 134.63x to 4.49x 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¥0.12 | CN¥15.68 | x |
| 2005-12-31 | CN¥0.23 | CN¥15.68 | x |
| 2006-12-31 | CN¥0.33 | CN¥15.68 | x |
| 2007-12-31 | CN¥0.71 | CN¥15.68 | x |
| 2008-12-31 | CN¥0.63 | CN¥15.68 | x |
| 2009-12-31 | CN¥0.69 | CN¥15.68 | x |
| 2010-12-31 | CN¥1.08 | CN¥15.68 | x |
| 2011-12-31 | CN¥1.10 | CN¥15.68 | x |
| 2012-12-31 | CN¥1.02 | CN¥15.68 | x |
| 2013-12-31 | CN¥1.05 | CN¥15.68 | x |
| 2014-12-31 | CN¥0.98 | CN¥15.68 | x |
| 2015-12-31 | CN¥1.88 | CN¥15.68 | x |
| 2016-12-31 | CN¥4.05 | CN¥15.68 | x |
| 2017-12-31 | CN¥3.52 | CN¥15.68 | x |
| 2018-12-31 | CN¥3.56 | CN¥15.68 | x |
| 2019-12-31 | CN¥3.62 | CN¥15.68 | x |
| 2020-12-31 | CN¥3.96 | CN¥15.68 | x |
| 2021-12-31 | CN¥4.23 | CN¥15.68 | x |
| 2022-12-31 | CN¥4.30 | CN¥15.68 | x |
| 2023-12-31 | CN¥4.00 | CN¥15.68 | x |
| 2024-12-31 | CN¥3.50 | CN¥15.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Zhiguang Electric 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): -12.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.58%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 3.23x
- Recent ROE (-12.11%) is below the historical average (7.04%), 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 | 29.39% | 7.51% | 1.24x | 3.15x | CN¥5.09 Million |
| 2005 | 26.43% | 8.67% | 1.03x | 2.96x | CN¥8.54 Million |
| 2006 | 21.21% | 10.05% | 0.86x | 2.47x | CN¥11.75 Million |
| 2007 | 10.19% | 10.36% | 0.50x | 1.97x | CN¥547.35K |
| 2008 | 8.74% | 7.30% | 0.59x | 2.02x | CN¥-3.92 Million |
| 2009 | 11.64% | 9.14% | 0.59x | 2.16x | CN¥5.65 Million |
| 2010 | 7.34% | 8.92% | 0.47x | 1.76x | CN¥-14.89 Million |
| 2011 | 4.53% | 5.17% | 0.43x | 2.04x | CN¥-32.01 Million |
| 2012 | -9.14% | -12.52% | 0.30x | 2.46x | CN¥-103.77 Million |
| 2013 | 3.58% | 3.58% | 0.40x | 2.51x | CN¥-36.09 Million |
| 2014 | 7.00% | 6.87% | 0.38x | 2.67x | CN¥-17.87 Million |
| 2015 | 9.40% | 8.26% | 0.43x | 2.66x | CN¥-6.91 Million |
| 2016 | 4.10% | 7.97% | 0.38x | 1.37x | CN¥-160.34 Million |
| 2017 | 4.51% | 6.83% | 0.44x | 1.52x | CN¥-152.07 Million |
| 2018 | 2.81% | 2.92% | 0.51x | 1.87x | CN¥-201.75 Million |
| 2019 | 4.04% | 4.41% | 0.44x | 2.08x | CN¥-165.89 Million |
| 2020 | 7.87% | 11.19% | 0.39x | 1.80x | CN¥-64.99 Million |
| 2021 | 10.31% | 17.78% | 0.31x | 1.90x | CN¥10.06 Million |
| 2022 | 0.97% | 1.37% | 0.37x | 1.94x | CN¥-299.26 Million |
| 2023 | -5.09% | -5.74% | 0.33x | 2.69x | CN¥-465.00 Million |
| 2024 | -12.11% | -12.58% | 0.30x | 3.23x | CN¥-596.07 Million |
Industry Comparison
This section compares Guangzhou Zhiguang Electric Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,490,120,016
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Zhiguang Electric Co Ltd (002169) | CN¥2.93 Billion | 29.39% | 2.36x | $928.08 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $211.82 Million | 1.39% | 1.89x | $782.09 Million |
| Shenzhen Huakong Seg Co Ltd (000068) | $195.81 Million | -19.00% | 2.02x | $284.42 Million |
| CPT Technology Group Co Ltd (000536) | $3.99 Billion | 6.25% | 1.61x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.20 Billion | 3.33% | 0.49x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $528.33 Million | 0.00% | 0.70x | $319.83 Million |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $2.59 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.37 Billion | 6.78% | 0.23x | $1.44 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $237.19 Million | 23.82% | 1.84x | $194.36 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $1.00 Billion | -0.96% | 0.17x | $154.24 Million |
| Shenzhen CECport Technologies Co. Ltd. A (001287) | $2.41 Billion | 13.96% | 7.42x | $1.01 Billion |