Guangdong CHJ Industry Co Ltd (002345) - Net Assets
Based on the latest financial reports, Guangdong CHJ Industry Co Ltd (002345) has net assets worth CN¥3.68 Billion CNY (≈ $538.86 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¥6.34 Billion ≈ $927.56 Million USD) and total liabilities (CN¥2.66 Billion ≈ $388.69 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 asset resilience ratio of Guangdong CHJ Industry Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore 002345 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 002345 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.67 Billion ≈ $537.02 Million |
-3.87% |
| 2023-12-31 | CN¥3.82 Billion ≈ $558.62 Million |
+6.29% |
| 2022-12-31 | CN¥3.59 Billion ≈ $525.55 Million |
+0.93% |
| 2021-12-31 | CN¥3.56 Billion ≈ $520.72 Million |
+2.46% |
| 2020-12-31 | CN¥3.47 Billion ≈ $508.22 Million |
+1.52% |
| 2019-12-31 | CN¥3.42 Billion ≈ $500.59 Million |
+2.41% |
| 2018-12-31 | CN¥3.34 Billion ≈ $488.81 Million |
-3.50% |
| 2017-12-31 | CN¥3.46 Billion ≈ $506.52 Million |
+27.08% |
| 2016-12-31 | CN¥2.72 Billion ≈ $398.60 Million |
+6.00% |
| 2015-12-31 | CN¥2.57 Billion ≈ $376.03 Million |
+5.72% |
| 2014-12-31 | CN¥2.43 Billion ≈ $355.68 Million |
-0.29% |
| 2013-12-31 | CN¥2.44 Billion ≈ $356.70 Million |
+64.09% |
| 2012-12-31 | CN¥1.49 Billion ≈ $217.38 Million |
+5.01% |
| 2011-12-31 | CN¥1.41 Billion ≈ $207.02 Million |
+5.01% |
| 2010-12-31 | CN¥1.35 Billion ≈ $197.14 Million |
+284.75% |
| 2009-12-31 | CN¥350.15 Million ≈ $51.24 Million |
+29.18% |
| 2008-12-31 | CN¥271.05 Million ≈ $39.66 Million |
+26.21% |
| 2007-12-31 | CN¥214.77 Million ≈ $31.43 Million |
+133.19% |
| 2006-12-31 | CN¥92.10 Million ≈ $13.48 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.
| Company | Market Cap |
|---|---|
|
Haima Automobile Group Co Ltd
SHE:000572
|
$1.36 Billion |
|
Global Ship Lease Inc
NYSE:GSL
|
$1.36 Billion |
|
BioGaia AB (publ)
ST:BIOG-B
|
$1.37 Billion |
|
ATAI Life Sciences BV
NASDAQ:ATAI
|
$1.37 Billion |
|
Kennedy-Wilson Holdings Inc
NYSE:KW
|
$1.36 Billion |
|
Da An Gene Co Ltd of Sun Yat-Sen University
SHE:002030
|
$1.36 Billion |
|
Olaplex Holdings Inc
NASDAQ:OLPX
|
$1.36 Billion |
|
Crombie Real Estate Investment Trust
TO:CRR-UN
|
$1.36 Billion |
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: 2.62x
- 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 48.25x to 2.62x 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¥10.49 | x |
| 2007-12-31 | CN¥0.47 | CN¥10.49 | x |
| 2008-12-31 | CN¥0.48 | CN¥10.49 | x |
| 2009-12-31 | CN¥0.63 | CN¥10.49 | x |
| 2010-12-31 | CN¥1.90 | CN¥10.49 | x |
| 2011-12-31 | CN¥1.94 | CN¥10.49 | x |
| 2012-12-31 | CN¥2.03 | CN¥10.49 | x |
| 2013-12-31 | CN¥2.92 | CN¥10.49 | x |
| 2014-12-31 | CN¥2.84 | CN¥10.49 | x |
| 2015-12-31 | CN¥2.99 | CN¥10.49 | x |
| 2016-12-31 | CN¥3.13 | CN¥10.49 | x |
| 2017-12-31 | CN¥3.98 | CN¥10.49 | x |
| 2018-12-31 | CN¥3.72 | CN¥10.49 | x |
| 2019-12-31 | CN¥3.75 | CN¥10.49 | x |
| 2020-12-31 | CN¥3.87 | CN¥10.49 | x |
| 2021-12-31 | CN¥3.96 | CN¥10.49 | x |
| 2022-12-31 | CN¥3.99 | CN¥10.49 | x |
| 2023-12-31 | CN¥4.14 | CN¥10.49 | x |
| 2024-12-31 | CN¥4.01 | CN¥10.49 | 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: $1,740,690,243
- Average return on equity (ROE) among peers: 4.86%
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 | $1.36 Billion |
| Shenzhen Tellus Holding Co Ltd (000025) | $231.27 Million | -17.72% | 4.33x | $922.49 Million |
| Fiyta Holdings Ltd (000026) | $1.54 Billion | 8.46% | 1.31x | $1.06 Billion |
| Innovative Medical Management Co Ltd (002173) | $478.62 Million | -2.27% | 1.17x | $1.60 Billion |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.05 Billion | 6.55% | 0.64x | $451.99 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $134.84 Million | 12.93% | 1.76x | $1.21 Billion |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $1.26 Billion | 2.70% | 1.56x | $163.05 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $4.74 Billion | 20.90% | 0.25x | $2.10 Billion |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.66 Billion | 5.04% | 0.35x | $20.82 Million |
| Fiyta Holdings Ltd (200026) | $2.57 Billion | 7.15% | 0.40x | $37.25 Million |
About Guangdong CHJ Industry Co Ltd
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.