Guangzhou Zhiguang Electric Co Ltd Net Assets

Latest as of March 2026: CN¥3.12 Billion CNY ≈ $456.40 Million USD

Guangzhou Zhiguang Electric Co Ltd net assets. Based on the latest financial reports, Guangzhou Zhiguang Electric Co Ltd (002169) has net assets worth CN¥3.12 Billion CNY (≈ $456.40 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¥10.46 Billion ≈ $1.53 Billion USD) and total liabilities (CN¥7.34 Billion ≈ $1.07 Billion 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. Also explore 002169 net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.12 Billion
% of Total Assets	29.83%
Annual Growth Rate	25.26%
5-Year Change	-5.64%
10-Year Change	8.12%
Growth Volatility	50.27

Net Assets of Guangzhou Zhiguang Electric Co Ltd (2004–2025)

Net assets of Guangzhou Zhiguang Electric Co Ltd from 2004 to 2025. This chart illustrates how Guangzhou Zhiguang Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guangzhou Zhiguang Electric Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

Annual Net Assets for Guangzhou Zhiguang Electric Co Ltd (2004–2025)

The table below shows the annual net assets of Guangzhou Zhiguang Electric Co Ltd from 2004 to 2025. For live market cap and overall valuation, see 002169 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥3.16 Billion ≈ $463.04 Million	+7.76%
2024-12-31	CN¥2.94 Billion ≈ $429.71 Million	-11.13%
2023-12-31	CN¥3.30 Billion ≈ $483.52 Million	-3.61%
2022-12-31	CN¥3.43 Billion ≈ $501.61 Million	+2.22%
2021-12-31	CN¥3.35 Billion ≈ $490.70 Million	+1.25%
2020-12-31	CN¥3.31 Billion ≈ $484.64 Million	+9.58%
2019-12-31	CN¥3.02 Billion ≈ $442.27 Million	-1.13%
2018-12-31	CN¥3.06 Billion ≈ $447.34 Million	+1.22%
2017-12-31	CN¥3.02 Billion ≈ $441.96 Million	+3.20%
2016-12-31	CN¥2.93 Billion ≈ $428.27 Million	+128.14%
2015-12-31	CN¥1.28 Billion ≈ $187.72 Million	+87.43%
2014-12-31	CN¥684.46 Million ≈ $100.16 Million	+6.14%
2013-12-31	CN¥644.87 Million ≈ $94.36 Million	+3.97%
2012-12-31	CN¥620.24 Million ≈ $90.76 Million	-0.27%
2011-12-31	CN¥621.89 Million ≈ $91.00 Million	+9.32%
2010-12-31	CN¥568.88 Million ≈ $83.25 Million	+61.07%
2009-12-31	CN¥353.20 Million ≈ $51.68 Million	+11.12%
2008-12-31	CN¥317.85 Million ≈ $46.51 Million	+7.63%
2007-12-31	CN¥295.32 Million ≈ $43.21 Million	+164.59%
2006-12-31	CN¥111.61 Million ≈ $16.33 Million	+107.58%
2005-12-31	CN¥53.77 Million ≈ $7.87 Million	+92.48%
2004-12-31	CN¥27.93 Million ≈ $4.09 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 1678.7% over the analyzed period, indicating profitable operations and earnings retention.

Guangzhou Zhiguang Electric Co Ltd Net Assets Breakdown (December 2025)

Guangzhou Zhiguang Electric Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥241.30 Million	8.48%
Other Components	CN¥2.60 Billion	91.52%
Total Equity	CN¥2.85 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
China Motor Corp TW:2204	$920.94 Million
Astec Industries Inc NASDAQ:ASTE	$921.08 Million
Farmers National Banc Corp NASDAQ:FMNB	$921.30 Million
DLG Exhibitions & Events Corp Ltd SHG:600826	$921.33 Million
Northeast Pharmaceutical Group Co Ltd SHE:000597	$920.83 Million
ODDITY Tech Ltd. Class A Ordinary Shares NASDAQ:ODD	$920.59 Million
Shanghai Industrial Development Co Ltd SHG:600748	$920.42 Million
Ribo Fashion Group Co Ltd SHG:603196	$919.62 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 2024 to 2025, total equity changed from 2,696,165,521 to 2,845,955,785, a change of 149,790,264 (5.6%).
Net income of 135,517,982 contributed positively to equity growth.
Dividend payments of 140,319,529 reduced retained earnings.
Other comprehensive income decreased equity by 330,420,214.
Other factors increased equity by 485,012,024.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥135.52 Million	+4.76%
Dividends Paid	CN¥140.32 Million	-4.93%
Other Comprehensive Income	CN¥-330.42 Million	-11.61%
Other Changes	CN¥485.01 Million	+17.04%
Total Change	CN¥-	5.56%

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: 2.21x
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 69.03x to 2.21x 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¥8.04	x
2005-12-31	CN¥0.23	CN¥8.04	x
2006-12-31	CN¥0.33	CN¥8.04	x
2007-12-31	CN¥0.71	CN¥8.04	x
2008-12-31	CN¥0.63	CN¥8.04	x
2009-12-31	CN¥0.69	CN¥8.04	x
2010-12-31	CN¥1.08	CN¥8.04	x
2011-12-31	CN¥1.10	CN¥8.04	x
2012-12-31	CN¥1.02	CN¥8.04	x
2013-12-31	CN¥1.05	CN¥8.04	x
2014-12-31	CN¥0.98	CN¥8.04	x
2015-12-31	CN¥1.88	CN¥8.04	x
2016-12-31	CN¥4.05	CN¥8.04	x
2017-12-31	CN¥3.52	CN¥8.04	x
2018-12-31	CN¥3.56	CN¥8.04	x
2019-12-31	CN¥3.84	CN¥8.04	x
2020-12-31	CN¥4.01	CN¥8.04	x
2021-12-31	CN¥4.23	CN¥8.04	x
2022-12-31	CN¥4.30	CN¥8.04	x
2023-12-31	CN¥4.00	CN¥8.04	x
2024-12-31	CN¥3.50	CN¥8.04	x
2025-12-31	CN¥3.64	CN¥8.04	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): 4.76%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.55%
• Asset Turnover: 0.38x
• Equity Multiplier: 3.50x
Recent ROE (4.76%) is below the historical average (7.01%), 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	8.42%	4.75%	0.66x	2.67x	CN¥-9.41 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	1.28%	1.80%	0.37x	1.94x	CN¥-289.08 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
2025	4.76%	3.55%	0.38x	3.50x	CN¥-149.08 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: $3,535,078,749
Average return on equity (ROE) among peers: -17.44%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangzhou Zhiguang Electric Co Ltd (002169)	CN¥3.12 Billion	29.39%	2.35x	$920.86 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$319.70 Million	1.71%	0.98x	$299.30 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$173.91 Million	-9.94%	2.76x	$1.16 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$1.07 Billion	1.23%	2.80x	$415.41 Million
CPT Technology Group Co Ltd (000536)	$64.98 Million	-195.96%	6.06x	$1.24 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$2.28 Billion	7.55%	0.61x	$5.11 Billion
Xiamen Xindeco Ltd (000701)	$528.33 Million	0.00%	0.70x	$609.17 Million
BOE Technology Group Co Ltd (000725)	$21.94 Billion	0.23%	0.40x	$23.41 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$5.14 Billion	5.95%	1.01x	$2.80 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$1.51 Billion	4.87%	0.60x	$1.78 Billion
Guizhou Space Appliance Co Ltd (002025)	$2.33 Billion	10.00%	0.39x	$3.09 Billion

About Guangzhou Zhiguang Electric Co Ltd

SHE:002169 China Electronic Components

Market Cap

$920.86 Million

CN¥6.29 Billion CNY

Market Cap Rank

#8894 Global

#2081 in China

Share Price

CN¥8.04

Change (1 day)

-3.13%

52-Week Range

CN¥7.59 - CN¥18.87

All Time High

CN¥18.87