Guangdong CHJ Industry Co Ltd

SHE:002345 China Luxury Goods
Market Cap
$1.24 Billion
CN¥9.09 Billion CNY
Market Cap Rank
#8476 Global
#1617 in China
Share Price
CN¥10.23
Change (1 day)
-1.35%
52-Week Range
CN¥7.71 - CN¥17.39
All Time High
CN¥17.39
About

Guangdong Chj Industry Co.,Ltd. produces and sells fashion consumer goods. The company operates in two segments, Jewelry and Leather Goods. It offers inlaid, platinum, gold, and other jewelry, as well as women's handbags, wallets, and other leather goods. The company was incorporated in 1996 and is headquartered in Shantou, China.

Guangdong CHJ Industry Co Ltd (002345) - Net Assets

Latest net assets as of September 2025: CN¥3.68 Billion CNY

Based on the latest financial reports, Guangdong CHJ Industry Co Ltd (002345) has net assets worth CN¥3.68 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¥6.34 Billion) and total liabilities (CN¥2.66 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¥3.68 Billion
% of Total Assets 58.09%
Annual Growth Rate 22.72%
5-Year Change 5.67%
10-Year Change 42.82%
Growth Volatility 69.09

Guangdong CHJ Industry Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Guangdong CHJ Industry 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 Guangdong CHJ Industry Co Ltd (2006–2024)

The table below shows the annual net assets of Guangdong CHJ Industry Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.67 Billion -3.87%
2023-12-31 CN¥3.82 Billion +6.29%
2022-12-31 CN¥3.59 Billion +0.93%
2021-12-31 CN¥3.56 Billion +2.46%
2020-12-31 CN¥3.47 Billion +1.52%
2019-12-31 CN¥3.42 Billion +2.41%
2018-12-31 CN¥3.34 Billion -3.50%
2017-12-31 CN¥3.46 Billion +27.08%
2016-12-31 CN¥2.72 Billion +6.00%
2015-12-31 CN¥2.57 Billion +5.72%
2014-12-31 CN¥2.43 Billion -0.29%
2013-12-31 CN¥2.44 Billion +64.09%
2012-12-31 CN¥1.49 Billion +5.01%
2011-12-31 CN¥1.41 Billion +5.01%
2010-12-31 CN¥1.35 Billion +284.75%
2009-12-31 CN¥350.15 Million +29.18%
2008-12-31 CN¥271.05 Million +26.21%
2007-12-31 CN¥214.77 Million +133.19%
2006-12-31 CN¥92.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong CHJ Industry 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 5850.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.18 Billion 33.51%
Common Stock CN¥888.51 Million 25.17%
Other Comprehensive Income CN¥190.24 Million 5.39%
Other Components CN¥1.27 Billion 35.93%
Total Equity CN¥3.53 Billion 100.00%

Guangdong CHJ Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong CHJ Industry Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,631,804,237 to 3,529,937,206, a change of -101,867,031 (-2.8%).
  • Net income of 193,649,313 contributed positively to equity growth.
  • Dividend payments of 350,714,452 reduced retained earnings.
  • Other comprehensive income increased equity by 30,232,352.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥193.65 Million +5.49%
Dividends Paid CN¥350.71 Million -9.94%
Other Comprehensive Income CN¥30.23 Million +0.86%
Other Changes CN¥24.97 Million +0.71%
Total Change CN¥- -2.80%

Book Value vs Market Value Analysis

This analysis compares Guangdong CHJ Industry 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: 2.55x
  • 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 47.06x to 2.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.22 CN¥10.23 x
2007-12-31 CN¥0.47 CN¥10.23 x
2008-12-31 CN¥0.48 CN¥10.23 x
2009-12-31 CN¥0.63 CN¥10.23 x
2010-12-31 CN¥1.90 CN¥10.23 x
2011-12-31 CN¥1.94 CN¥10.23 x
2012-12-31 CN¥2.03 CN¥10.23 x
2013-12-31 CN¥2.92 CN¥10.23 x
2014-12-31 CN¥2.84 CN¥10.23 x
2015-12-31 CN¥2.99 CN¥10.23 x
2016-12-31 CN¥3.13 CN¥10.23 x
2017-12-31 CN¥3.98 CN¥10.23 x
2018-12-31 CN¥3.72 CN¥10.23 x
2019-12-31 CN¥3.75 CN¥10.23 x
2020-12-31 CN¥3.87 CN¥10.23 x
2021-12-31 CN¥3.96 CN¥10.23 x
2022-12-31 CN¥3.99 CN¥10.23 x
2023-12-31 CN¥4.14 CN¥10.23 x
2024-12-31 CN¥4.01 CN¥10.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong CHJ Industry 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): 5.49%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.97%
  • • Asset Turnover: 1.13x
  • • Equity Multiplier: 1.63x
  • Recent ROE (5.49%) is below the historical average (10.49%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 23.77% 9.23% 1.15x 2.23x CN¥12.68 Million
2007 21.77% 13.69% 0.99x 1.60x CN¥25.28 Million
2008 19.66% 11.44% 1.08x 1.60x CN¥25.23 Million
2009 25.11% 14.87% 1.10x 1.53x CN¥50.87 Million
2010 7.77% 12.44% 0.57x 1.09x CN¥-29.57 Million
2011 10.81% 11.44% 0.73x 1.29x CN¥11.36 Million
2012 8.88% 8.48% 0.74x 1.41x CN¥-16.37 Million
2013 7.88% 8.48% 0.61x 1.53x CN¥-47.35 Million
2014 9.16% 8.93% 0.57x 1.81x CN¥-20.14 Million
2015 10.04% 9.49% 0.61x 1.72x CN¥1.02 Million
2016 7.34% 7.21% 0.60x 1.70x CN¥-71.54 Million
2017 8.29% 9.21% 0.57x 1.58x CN¥-58.46 Million
2018 2.15% 2.19% 0.59x 1.65x CN¥-259.48 Million
2019 2.40% 2.29% 0.67x 1.56x CN¥-257.52 Million
2020 4.07% 4.34% 0.62x 1.51x CN¥-203.95 Million
2021 9.96% 7.56% 0.82x 1.60x CN¥-1.42 Million
2022 5.62% 4.51% 0.80x 1.57x CN¥-155.12 Million
2023 9.18% 5.65% 1.03x 1.58x CN¥-29.83 Million
2024 5.49% 2.97% 1.13x 1.63x CN¥-159.34 Million

Industry Comparison

This section compares Guangdong CHJ Industry Co Ltd's net assets metrics with peer companies in the Luxury Goods industry.

Industry Context

  • Industry: Luxury Goods
  • Average net assets among peers: $1,580,743,165
  • Average return on equity (ROE) among peers: 14.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong CHJ Industry Co Ltd (002345) CN¥3.68 Billion 23.77% 0.72x $752.53 Million
Innovative Medical Management Co Ltd (002173) $134.18 Million 19.54% 1.80x $1.16 Billion
Zhejiang Ming Jewelry Co Ltd (002574) $3.13 Billion 0.58% 1.25x $194.85 Million
Beijing Kingee Culture Development Co Ltd (002721) $2.05 Billion 32.41% 0.07x $615.93 Million
Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) $1.23 Billion 2.34% 1.89x $148.12 Million
Chow Tai Seng Jewellery Co Ltd (002867) $1.15 Billion 21.28% 0.65x $625.45 Million
Shenzhen Tellus Holding Co Ltd (200025) $1.90 Billion 7.20% 0.37x $117.48 Million
Fiyta Holdings Ltd (200026) $3.14 Billion 8.50% 0.31x $210.32 Million
MCLON JEWELLERY Co.Ltd. (300945) $538.90 Million 11.81% 0.15x $303.73 Million
Henan Liliang Diamond Co. Ltd. (301071) $958.32 Million 25.00% 0.49x $761.89 Million