Guangzhou Grandbuy Co Ltd (002187) - Net Assets

Latest as of September 2025: CN¥4.05 Billion CNY ≈ $592.68 Million USD

Based on the latest financial reports, Guangzhou Grandbuy Co Ltd (002187) has net assets worth CN¥4.05 Billion CNY (≈ $592.68 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¥7.11 Billion ≈ $1.04 Billion USD) and total liabilities (CN¥3.06 Billion ≈ $447.18 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 002187 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.05 Billion
% of Total Assets	57.0%
Annual Growth Rate	14.97%
5-Year Change	45.48%
10-Year Change	62.09%
Growth Volatility	38.33

Guangzhou Grandbuy Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Guangzhou Grandbuy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Guangzhou Grandbuy Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Guangzhou Grandbuy Co Ltd (2004–2024)

The table below shows the annual net assets of Guangzhou Grandbuy Co Ltd from 2004 to 2024. For live valuation and market cap data, see 002187 market cap.

Year	Net Assets	Change
2024-12-31	CN¥4.08 Billion ≈ $597.76 Million	+1.15%
2023-12-31	CN¥4.04 Billion ≈ $590.94 Million	+1.17%
2022-12-31	CN¥3.99 Billion ≈ $584.11 Million	+7.44%
2021-12-31	CN¥3.72 Billion ≈ $543.68 Million	+32.32%
2020-12-31	CN¥2.81 Billion ≈ $410.90 Million	+1.16%
2019-12-31	CN¥2.78 Billion ≈ $406.17 Million	+0.47%
2018-12-31	CN¥2.76 Billion ≈ $404.28 Million	+5.94%
2017-12-31	CN¥2.61 Billion ≈ $381.61 Million	+2.05%
2016-12-31	CN¥2.56 Billion ≈ $373.93 Million	+1.40%
2015-12-31	CN¥2.52 Billion ≈ $368.77 Million	+5.86%
2014-12-31	CN¥2.38 Billion ≈ $348.37 Million	+5.75%
2013-12-31	CN¥2.25 Billion ≈ $329.44 Million	+6.45%
2012-12-31	CN¥2.11 Billion ≈ $309.49 Million	+7.03%
2011-12-31	CN¥1.98 Billion ≈ $289.18 Million	+52.93%
2010-12-31	CN¥1.29 Billion ≈ $189.09 Million	+9.78%
2009-12-31	CN¥1.18 Billion ≈ $172.24 Million	+26.97%
2008-12-31	CN¥927.05 Million ≈ $135.66 Million	+11.66%
2007-12-31	CN¥830.20 Million ≈ $121.48 Million	+176.54%
2006-12-31	CN¥300.21 Million ≈ $43.93 Million	+9.14%
2005-12-31	CN¥275.05 Million ≈ $40.25 Million	+9.72%
2004-12-31	CN¥250.70 Million ≈ $36.68 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Guangzhou Grandbuy 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 2102.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.12 Billion	27.50%
Common Stock	CN¥704.04 Million	17.30%
Other Components	CN¥2.25 Billion	55.20%
Total Equity	CN¥4.07 Billion	100.00%

Guangzhou Grandbuy Co Ltd Competitors by Market Cap

The table below lists competitors of Guangzhou Grandbuy Co Ltd ranked by their market capitalization.

Company	Market Cap
Guangdong Weide Information Technology Co. Ltd. A SHG:688171	$634.88 Million
Mako Mining Corp V:MKO	$635.07 Million
Hunan Huasheng Co Ltd SHG:600156	$635.49 Million
Zhejiang Gongdong Medical Technology Co Ltd SHG:605369	$635.62 Million
Tianjin Jingwei Electric Wire Co Ltd SHE:300120	$634.59 Million
Synergie SE PA:SDG	$634.34 Million
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. SHE:301289	$634.15 Million
Noah Holdings Limited F:6NO	$634.01 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangzhou Grandbuy Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 4,022,754,082 to 4,070,550,970, a change of 47,796,888 (1.2%).
Net income of 47,608,060 contributed positively to equity growth.
Dividend payments of 63,490,060 reduced retained earnings.
Other factors increased equity by 63,678,888.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥47.61 Million	+1.17%
Dividends Paid	CN¥63.49 Million	-1.56%
Other Changes	CN¥63.68 Million	+1.56%
Total Change	CN¥-	1.19%

Book Value vs Market Value Analysis

This analysis compares Guangzhou Grandbuy 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: 1.03x
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 4.52x to 1.03x 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¥1.37	CN¥6.19	x
2005-12-31	CN¥1.19	CN¥6.19	x
2006-12-31	CN¥1.36	CN¥6.19	x
2007-12-31	CN¥3.69	CN¥6.19	x
2008-12-31	CN¥3.01	CN¥6.19	x
2009-12-31	CN¥3.86	CN¥6.19	x
2010-12-31	CN¥4.25	CN¥6.19	x
2011-12-31	CN¥5.89	CN¥6.19	x
2012-12-31	CN¥6.10	CN¥6.19	x
2013-12-31	CN¥6.59	CN¥6.19	x
2014-12-31	CN¥7.01	CN¥6.19	x
2015-12-31	CN¥7.38	CN¥6.19	x
2016-12-31	CN¥7.51	CN¥6.19	x
2017-12-31	CN¥7.76	CN¥6.19	x
2018-12-31	CN¥8.05	CN¥6.19	x
2019-12-31	CN¥8.05	CN¥6.19	x
2020-12-31	CN¥8.14	CN¥6.19	x
2021-12-31	CN¥5.98	CN¥6.19	x
2022-12-31	CN¥5.64	CN¥6.19	x
2023-12-31	CN¥5.56	CN¥6.19	x
2024-12-31	CN¥5.99	CN¥6.19	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangzhou Grandbuy 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): 1.17%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.86%
• Asset Turnover: 0.61x
• Equity Multiplier: 2.24x
Recent ROE (1.17%) is below the historical average (9.60%), 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	16.64%	2.72%	2.22x	2.75x	CN¥16.33 Million
2005	21.98%	3.52%	2.21x	2.83x	CN¥32.21 Million
2006	24.60%	3.54%	2.24x	3.10x	CN¥42.77 Million
2007	13.38%	3.91%	1.70x	2.01x	CN¥27.74 Million
2008	15.64%	4.43%	1.75x	2.02x	CN¥51.62 Million
2009	14.12%	3.57%	1.76x	2.25x	CN¥48.27 Million
2010	13.52%	2.98%	1.74x	2.61x	CN¥45.30 Million
2011	10.87%	2.97%	1.66x	2.21x	CN¥17.18 Million
2012	9.18%	2.62%	1.58x	2.22x	CN¥-17.22 Million
2013	9.86%	2.86%	1.59x	2.17x	CN¥-3.24 Million
2014	9.98%	3.12%	1.69x	1.89x	CN¥-405.38K
2015	9.89%	3.42%	1.59x	1.82x	CN¥-2.80 Million
2016	6.12%	2.42%	1.55x	1.64x	CN¥-99.88 Million
2017	6.57%	2.52%	1.63x	1.60x	CN¥-90.78 Million
2018	7.33%	2.64%	1.73x	1.60x	CN¥-73.39 Million
2019	4.09%	1.40%	1.86x	1.56x	CN¥-162.89 Million
2020	2.43%	2.87%	0.56x	1.52x	CN¥-211.05 Million
2021	7.05%	4.36%	0.62x	2.62x	CN¥-108.92 Million
2022	-3.65%	-2.96%	0.56x	2.21x	CN¥-542.15 Million
2023	0.90%	0.68%	0.54x	2.44x	CN¥-366.11 Million
2024	1.17%	0.86%	0.61x	2.24x	CN¥-359.45 Million

Industry Comparison

This section compares Guangzhou Grandbuy Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

Industry: Department Stores
Average net assets among peers: $3,539,478,170
Average return on equity (ROE) among peers: 9.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangzhou Grandbuy Co Ltd (002187)	CN¥4.05 Billion	16.64%	0.75x	$634.86 Million
Hefei Department Store Group Co Ltd (000417)	$678.42 Million	3.74%	0.95x	$763.47 Million
Changsha Tongcheng Holdings Co Ltd (000419)	$709.40 Million	4.90%	1.19x	$463.74 Million
Wushang Group Co Ltd (000501)	$1.48 Billion	8.79%	0.63x	$942.98 Million
CCOOP Group Co Ltd (000564)	$25.85 Billion	-17.56%	0.82x	$4.62 Billion
Dalian Friendship Group Co Ltd (000679)	$740.14 Million	3.92%	1.00x	$377.58 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715)	$883.51 Million	7.10%	0.52x	$473.70 Million
Easyhome New Retail Group Co Ltd (000785)	$973.21 Million	2.68%	1.96x	$2.35 Billion
Beijing Hualian Department Store Co Ltd (000882)	$140.55 Million	36.98%	0.74x	$660.93 Million
Better Life Commercial Chain Share Co Ltd (002251)	$403.01 Million	30.68%	2.74x	$1.63 Billion

About Guangzhou Grandbuy Co Ltd

SHE:002187 China Department Stores

Market Cap

$634.86 Million

CN¥4.34 Billion CNY

Market Cap Rank

#11317 Global

#3400 in China

Share Price

CN¥6.19

Change (1 day)

+0.32%

52-Week Range

CN¥5.96 - CN¥9.14

All Time High

CN¥19.50