Goldlok Toys Holdings Guangdong Co Ltd

SHE:002348 China Leisure
Market Cap
$1.08 Billion
CN¥7.89 Billion CNY
Market Cap Rank
#9199 Global
#1854 in China
Share Price
CN¥8.33
Change (1 day)
-7.34%
52-Week Range
CN¥2.87 - CN¥8.99
All Time High
CN¥10.77
About

Goldlok Holdings(Guangdong) Co.,Ltd. engages in the toys and Internet education businesses in China. Its products include electric train toys, interactive sparring robot toys, electric car toys, wire-controlled simulated airplanes, smart girl toys, and environmentally friendly magnetic learning writing boards. The company is also involved in the software development, and application and related i… Read more

Goldlok Toys Holdings Guangdong Co Ltd (002348) - Net Assets

Latest net assets as of September 2025: CN¥445.39 Million CNY

Based on the latest financial reports, Goldlok Toys Holdings Guangdong Co Ltd (002348) has net assets worth CN¥445.39 Million 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¥715.63 Million) and total liabilities (CN¥270.24 Million). 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¥445.39 Million
% of Total Assets 62.24%
Annual Growth Rate 6.39%
5-Year Change -42.89%
10-Year Change -62.39%
Growth Volatility 80.79

Goldlok Toys Holdings Guangdong Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Goldlok Toys Holdings Guangdong 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 Goldlok Toys Holdings Guangdong Co Ltd (2006–2024)

The table below shows the annual net assets of Goldlok Toys Holdings Guangdong Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥457.88 Million -10.91%
2023-12-31 CN¥513.96 Million -10.65%
2022-12-31 CN¥575.24 Million -12.03%
2021-12-31 CN¥653.92 Million -18.44%
2020-12-31 CN¥801.80 Million -24.37%
2019-12-31 CN¥1.06 Billion -25.29%
2018-12-31 CN¥1.42 Billion +2.41%
2017-12-31 CN¥1.39 Billion +11.50%
2016-12-31 CN¥1.24 Billion +2.09%
2015-12-31 CN¥1.22 Billion +2.99%
2014-12-31 CN¥1.18 Billion +1.92%
2013-12-31 CN¥1.16 Billion +3.56%
2012-12-31 CN¥1.12 Billion -0.63%
2011-12-31 CN¥1.13 Billion +3.96%
2010-12-31 CN¥1.08 Billion +346.41%
2009-12-31 CN¥242.83 Million +26.17%
2008-12-31 CN¥192.47 Million +23.44%
2007-12-31 CN¥155.92 Million +3.82%
2006-12-31 CN¥150.18 Million --

Equity Component Analysis

This analysis shows how different components contribute to Goldlok Toys Holdings Guangdong 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 2547.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥947.20 Million 206.95%
Other Comprehensive Income CN¥71.70 Million 15.67%
Other Components CN¥8.37 Million 1.83%
Total Equity CN¥457.69 Million 100.00%

Goldlok Toys Holdings Guangdong Co Ltd Competitors by Market Cap

The table below lists competitors of Goldlok Toys Holdings Guangdong Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 513,831,368 to 457,688,621, a change of -56,142,747 (-10.9%).
  • Net loss of 57,297,788 reduced equity.
  • Dividend payments of 3,743,096 reduced retained earnings.
  • Other comprehensive income increased equity by 71,700,435.
  • Other factors decreased equity by 66,802,298.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-57.30 Million -12.52%
Dividends Paid CN¥3.74 Million -0.82%
Other Comprehensive Income CN¥71.70 Million +15.67%
Other Changes CN¥-66.80 Million -14.6%
Total Change CN¥- -10.93%

Book Value vs Market Value Analysis

This analysis compares Goldlok Toys Holdings Guangdong 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: 17.24x
  • 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 39.05x to 17.24x 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¥0.21 CN¥8.33 x
2007-12-31 CN¥0.22 CN¥8.33 x
2008-12-31 CN¥0.27 CN¥8.33 x
2009-12-31 CN¥0.34 CN¥8.33 x
2010-12-31 CN¥1.17 CN¥8.33 x
2011-12-31 CN¥1.19 CN¥8.33 x
2012-12-31 CN¥1.18 CN¥8.33 x
2013-12-31 CN¥1.22 CN¥8.33 x
2014-12-31 CN¥1.25 CN¥8.33 x
2015-12-31 CN¥1.29 CN¥8.33 x
2016-12-31 CN¥1.31 CN¥8.33 x
2017-12-31 CN¥1.15 CN¥8.33 x
2018-12-31 CN¥1.14 CN¥8.33 x
2019-12-31 CN¥1.01 CN¥8.33 x
2020-12-31 CN¥0.81 CN¥8.33 x
2021-12-31 CN¥0.69 CN¥8.33 x
2022-12-31 CN¥0.61 CN¥8.33 x
2023-12-31 CN¥0.54 CN¥8.33 x
2024-12-31 CN¥0.48 CN¥8.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Goldlok Toys Holdings Guangdong 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): -12.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -18.17%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 1.60x
  • Recent ROE (-12.52%) is below the historical average (0.14%), 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 13.59% 10.81% 1.06x 1.19x CN¥5.39 Million
2007 19.16% 12.51% 1.20x 1.27x CN¥14.28 Million
2008 24.76% 16.22% 1.13x 1.35x CN¥28.41 Million
2009 29.80% 23.62% 0.99x 1.28x CN¥48.08 Million
2010 6.25% 20.38% 0.29x 1.06x CN¥-40.60 Million
2011 7.88% 25.20% 0.29x 1.07x CN¥-23.91 Million
2012 5.75% 16.44% 0.33x 1.06x CN¥-47.55 Million
2013 5.62% 15.32% 0.36x 1.01x CN¥-50.81 Million
2014 3.87% 10.98% 0.35x 1.01x CN¥-72.40 Million
2015 4.59% 13.48% 0.33x 1.02x CN¥-65.88 Million
2016 3.43% 10.54% 0.31x 1.06x CN¥-81.45 Million
2017 4.33% 8.33% 0.38x 1.36x CN¥-72.14 Million
2018 0.88% 1.36% 0.45x 1.45x CN¥-117.35 Million
2019 -37.49% -50.44% 0.49x 1.50x CN¥-455.20 Million
2020 -32.98% -49.62% 0.44x 1.52x CN¥-328.26 Million
2021 -17.63% -26.20% 0.47x 1.42x CN¥-180.58 Million
2022 -14.54% -26.32% 0.40x 1.40x CN¥-141.10 Million
2023 -12.06% -23.27% 0.36x 1.46x CN¥-113.36 Million
2024 -12.52% -18.17% 0.43x 1.60x CN¥-103.07 Million

Industry Comparison

This section compares Goldlok Toys Holdings Guangdong Co Ltd's net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $743,210,392
  • Average return on equity (ROE) among peers: 7.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Goldlok Toys Holdings Guangdong Co Ltd (002348) CN¥445.39 Million 13.59% 0.61x $627.40 Million
China Bicycle Co Holdings Ltd (000017) $-1.76 Billion 0.00% 0.00x $399.65 Million
Sportsoul Co. Ltd. A (001300) $1.06 Billion 2.11% 0.25x $179.80 Million
HL Corp Shenzhen (002105) $567.28 Million 4.46% 1.51x $173.11 Million
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) $884.00 Million 4.93% 0.13x $533.55 Million
Shanghai Yaoji Playing Card Co Ltd (002605) $1.06 Billion 8.95% 0.37x $695.43 Million
Xiamen Comfort Science&Technology Group Co Ltd (002614) $217.49 Million 21.16% 1.94x $334.52 Million
Guangzhou Pearl River Piano Group Co Ltd (002678) $3.73 Billion 0.16% 0.22x $191.51 Million
Shifeng Cultural Development Co Ltd (002862) $569.17 Million 5.62% 0.07x $192.82 Million
Impulse Qingdao Health Tech Co Ltd (002899) $361.39 Million 21.08% 0.71x $407.33 Million