Costar Group Co Ltd (002189) - Net Assets
Based on the latest financial reports, Costar Group Co Ltd (002189) has net assets worth CN¥610.32 Million CNY (≈ $89.31 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¥2.78 Billion ≈ $407.34 Million USD) and total liabilities (CN¥2.17 Billion ≈ $318.03 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 Costar Group Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥610.32 Million |
| % of Total Assets | 21.93% |
| Annual Growth Rate | 9.23% |
| 5-Year Change | -48.81% |
| 10-Year Change | 34.43% |
| Growth Volatility | 35.77 |
Costar Group Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Costar Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002189 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Costar Group Co Ltd (2004–2024)
The table below shows the annual net assets of Costar Group Co Ltd from 2004 to 2024. For live valuation and market cap data, see Costar Group Co Ltd (002189) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥777.70 Million ≈ $113.80 Million |
-33.15% |
| 2023-12-31 | CN¥1.16 Billion ≈ $170.24 Million |
-19.30% |
| 2022-12-31 | CN¥1.44 Billion ≈ $210.97 Million |
-14.64% |
| 2021-12-31 | CN¥1.69 Billion ≈ $247.14 Million |
+11.17% |
| 2020-12-31 | CN¥1.52 Billion ≈ $222.31 Million |
+9.34% |
| 2019-12-31 | CN¥1.39 Billion ≈ $203.31 Million |
+46.86% |
| 2018-12-31 | CN¥946.07 Million ≈ $138.44 Million |
+55.56% |
| 2017-12-31 | CN¥608.16 Million ≈ $88.99 Million |
+3.14% |
| 2016-12-31 | CN¥589.63 Million ≈ $86.28 Million |
+1.92% |
| 2015-12-31 | CN¥578.51 Million ≈ $84.65 Million |
+13.30% |
| 2014-12-31 | CN¥510.60 Million ≈ $74.72 Million |
+1.83% |
| 2013-12-31 | CN¥501.40 Million ≈ $73.37 Million |
+1.26% |
| 2012-12-31 | CN¥495.15 Million ≈ $72.46 Million |
+2.06% |
| 2011-12-31 | CN¥485.17 Million ≈ $71.00 Million |
+0.04% |
| 2010-12-31 | CN¥484.96 Million ≈ $70.96 Million |
+3.18% |
| 2009-12-31 | CN¥470.02 Million ≈ $68.78 Million |
-0.30% |
| 2008-12-31 | CN¥471.42 Million ≈ $68.98 Million |
+4.65% |
| 2007-12-31 | CN¥450.45 Million ≈ $65.92 Million |
+145.25% |
| 2006-12-31 | CN¥183.67 Million ≈ $26.88 Million |
+21.68% |
| 2005-12-31 | CN¥150.95 Million ≈ $22.09 Million |
+13.41% |
| 2004-12-31 | CN¥133.10 Million ≈ $19.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Costar Group 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 3019.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥261.20 Million | 36.53% |
| Other Components | CN¥702.18 Million | 98.19% |
| Total Equity | CN¥715.12 Million | 100.00% |
Costar Group Co Ltd Competitors by Market Cap
The table below lists competitors of Costar Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Maling Aquarius Co Ltd
SHG:600073
|
$806.85 Million |
|
Tae Kwang Corporation
KQ:023160
|
$807.25 Million |
|
Akso Health Group ADR
NASDAQ:AHG
|
$807.33 Million |
|
Run Long Construction Co Ltd
TW:1808
|
$807.49 Million |
|
Johns LYNG Group Ltd
AU:JLG
|
$806.21 Million |
|
Shandong Sanyuan Biotechnology Co.Ltd.
SHE:301206
|
$806.19 Million |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
$806.18 Million |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
$806.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Costar Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,094,993,947 to 715,118,765, a change of -379,875,182 (-34.7%).
- Net loss of 369,926,478 reduced equity.
- Dividend payments of 26,380,584 reduced retained earnings.
- Other comprehensive income decreased equity by 23,118,421.
- Other factors increased equity by 39,550,301.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-369.93 Million | -51.73% |
| Dividends Paid | CN¥26.38 Million | -3.69% |
| Other Comprehensive Income | CN¥-23.12 Million | -3.23% |
| Other Changes | CN¥39.55 Million | +5.53% |
| Total Change | CN¥- | -34.69% |
Book Value vs Market Value Analysis
This analysis compares Costar Group 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: 7.71x
- 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 13.50x to 7.71x 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¥1.56 | CN¥21.10 | x |
| 2005-12-31 | CN¥1.23 | CN¥21.10 | x |
| 2006-12-31 | CN¥1.29 | CN¥21.10 | x |
| 2007-12-31 | CN¥2.93 | CN¥21.10 | x |
| 2008-12-31 | CN¥2.29 | CN¥21.10 | x |
| 2009-12-31 | CN¥2.73 | CN¥21.10 | x |
| 2010-12-31 | CN¥2.48 | CN¥21.10 | x |
| 2011-12-31 | CN¥2.29 | CN¥21.10 | x |
| 2012-12-31 | CN¥2.27 | CN¥21.10 | x |
| 2013-12-31 | CN¥2.41 | CN¥21.10 | x |
| 2014-12-31 | CN¥2.60 | CN¥21.10 | x |
| 2015-12-31 | CN¥2.65 | CN¥21.10 | x |
| 2016-12-31 | CN¥2.79 | CN¥21.10 | x |
| 2017-12-31 | CN¥2.31 | CN¥21.10 | x |
| 2018-12-31 | CN¥3.87 | CN¥21.10 | x |
| 2019-12-31 | CN¥5.25 | CN¥21.10 | x |
| 2020-12-31 | CN¥5.70 | CN¥21.10 | x |
| 2021-12-31 | CN¥6.06 | CN¥21.10 | x |
| 2022-12-31 | CN¥5.17 | CN¥21.10 | x |
| 2023-12-31 | CN¥4.19 | CN¥21.10 | x |
| 2024-12-31 | CN¥2.74 | CN¥21.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Costar Group 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): -51.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.72%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 4.12x
- Recent ROE (-51.73%) is below the historical average (2.17%), 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 | 19.19% | 9.44% | 0.91x | 2.23x | CN¥12.24 Million |
| 2005 | 17.03% | 8.16% | 0.80x | 2.60x | CN¥10.61 Million |
| 2006 | 18.58% | 8.89% | 0.92x | 2.26x | CN¥15.75 Million |
| 2007 | 7.03% | 8.61% | 0.55x | 1.49x | CN¥-13.39 Million |
| 2008 | 6.11% | 7.27% | 0.60x | 1.39x | CN¥-18.32 Million |
| 2009 | 0.37% | 0.52% | 0.51x | 1.39x | CN¥-44.81 Million |
| 2010 | 3.22% | 3.46% | 0.66x | 1.42x | CN¥-32.57 Million |
| 2011 | 1.31% | 1.29% | 0.69x | 1.47x | CN¥-41.89 Million |
| 2012 | 2.20% | 2.02% | 0.73x | 1.48x | CN¥-38.46 Million |
| 2013 | 2.08% | 1.72% | 0.81x | 1.49x | CN¥-39.62 Million |
| 2014 | 2.69% | 1.94% | 0.93x | 1.49x | CN¥-37.31 Million |
| 2015 | 3.02% | 1.97% | 0.94x | 1.63x | CN¥-36.52 Million |
| 2016 | 3.23% | 2.10% | 0.95x | 1.61x | CN¥-36.35 Million |
| 2017 | 3.92% | 2.38% | 0.99x | 1.66x | CN¥-33.70 Million |
| 2018 | 17.56% | 6.28% | 0.99x | 2.81x | CN¥69.82 Million |
| 2019 | 7.24% | 3.85% | 0.81x | 2.34x | CN¥-37.49 Million |
| 2020 | 9.91% | 4.41% | 0.96x | 2.34x | CN¥-1.32 Million |
| 2021 | 9.23% | 3.56% | 1.12x | 2.31x | CN¥-12.17 Million |
| 2022 | -14.02% | -5.75% | 0.90x | 2.70x | CN¥-323.40 Million |
| 2023 | -22.64% | -11.41% | 0.69x | 2.86x | CN¥-357.46 Million |
| 2024 | -51.73% | -20.72% | 0.61x | 4.12x | CN¥-441.44 Million |
Industry Comparison
This section compares Costar Group Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $6,510,418,587
- Average return on equity (ROE) among peers: 8.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Costar Group Co Ltd (002189) | CN¥610.32 Million | 19.19% | 3.56x | $806.48 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $12.78 Billion | 5.04% | 1.14x | $6.72 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $1.66 Billion | 3.63% | 0.36x | $9.36 Billion |
| TPV Technology Co Ltd (000727) | $448.74 Million | 11.92% | 0.22x | $1.76 Billion |
| Inspur Electronic Info Industr (000977) | $9.31 Billion | 7.07% | 1.75x | $15.03 Billion |
| Ninestar Corp (002180) | $12.17 Billion | 1.19% | 2.14x | $3.99 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $19.30 Billion | 30.41% | 0.57x | $48.67 Billion |
| Shenzhen Rapoo Technology (002577) | $1.06 Billion | 4.38% | 0.12x | $706.05 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $948.06 Million | 10.66% | 0.08x | $1.59 Billion |
| Netac Tech (300042) | $908.57 Million | 6.18% | 0.05x | $1.53 Billion |
About Costar Group Co Ltd
Costar Group Co., Ltd. develops, manufactures, sells, and services optical components in China. It provides lens, prism, optical lens, optical accessories, photoresistor, etc., which are mainly used in digital projectors, digital cameras, smartphones, security monitoring products, etc.; and night vision sights, observation sights mirrors, aiming and target calibration systems, reconnaissance moni… Read more