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

Latest as of March 2026: CN¥398.07 Million CNY ≈ $58.25 Million USD

Based on the latest financial reports, Goldlok Toys Holdings Guangdong Co Ltd (002348) has net assets worth CN¥398.07 Million CNY (≈ $58.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥680.14 Million ≈ $99.53 Million USD) and total liabilities (CN¥282.07 Million ≈ $41.28 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 002348 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥398.07 Million
% of Total Assets	58.53%
Annual Growth Rate	5.47%
5-Year Change	-36.81%
10-Year Change	-66.75%
Growth Volatility	78.88

Goldlok Toys Holdings Guangdong Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Goldlok Toys Holdings Guangdong Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002348 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Goldlok Toys Holdings Guangdong Co Ltd (2006–2025)

The table below shows the annual net assets of Goldlok Toys Holdings Guangdong Co Ltd from 2006 to 2025. For live valuation and market cap data, see 002348 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥413.22 Million ≈ $60.47 Million	-9.75%
2024-12-31	CN¥457.88 Million ≈ $67.00 Million	-10.91%
2023-12-31	CN¥513.96 Million ≈ $75.21 Million	-10.65%
2022-12-31	CN¥575.24 Million ≈ $84.18 Million	-12.03%
2021-12-31	CN¥653.92 Million ≈ $95.69 Million	-18.44%
2020-12-31	CN¥801.80 Million ≈ $117.33 Million	-24.37%
2019-12-31	CN¥1.06 Billion ≈ $155.14 Million	-25.29%
2018-12-31	CN¥1.42 Billion ≈ $207.67 Million	+2.41%
2017-12-31	CN¥1.39 Billion ≈ $202.79 Million	+11.50%
2016-12-31	CN¥1.24 Billion ≈ $181.87 Million	+2.09%
2015-12-31	CN¥1.22 Billion ≈ $178.14 Million	+2.99%
2014-12-31	CN¥1.18 Billion ≈ $172.96 Million	+1.92%
2013-12-31	CN¥1.16 Billion ≈ $169.70 Million	+3.56%
2012-12-31	CN¥1.12 Billion ≈ $163.86 Million	-0.63%
2011-12-31	CN¥1.13 Billion ≈ $164.90 Million	+3.96%
2010-12-31	CN¥1.08 Billion ≈ $158.62 Million	+346.41%
2009-12-31	CN¥242.83 Million ≈ $35.53 Million	+26.17%
2008-12-31	CN¥192.47 Million ≈ $28.16 Million	+23.44%
2007-12-31	CN¥155.92 Million ≈ $22.82 Million	+3.82%
2006-12-31	CN¥150.18 Million ≈ $21.98 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 2733.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥1.03 Billion	248.37%
Total Equity	CN¥413.02 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.

Company	Market Cap
IBF Financial Holdings Co Ltd TW:2889	$1.72 Billion
Hap Seng Consolidated Bhd KLSE:3034	$1.73 Billion
Huron Consulting Group Inc NASDAQ:HURN	$1.73 Billion
Zhejiang DiAn Diagnostics Co SHE:300244	$1.73 Billion
Tibet Cheezheng Tibetan Medicine Co Ltd SHE:002287	$1.72 Billion
Wangfujing SHG:600859	$1.72 Billion
1st Source Corporation NASDAQ:SRCE	$1.72 Billion
Tecan Group AG SW:TECN	$1.72 Billion

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 2024 to 2025, total equity changed from 457,688,621 to 413,019,979, a change of -44,668,642 (-9.8%).
Net loss of 43,232,763 reduced equity.
Dividend payments of 3,997,311 reduced retained earnings.
Other comprehensive income decreased equity by 71,700,435.
Other factors increased equity by 74,261,867.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-43.23 Million	-10.47%
Dividends Paid	CN¥4.00 Million	-0.97%
Other Comprehensive Income	CN¥-71.70 Million	-17.36%
Other Changes	CN¥74.26 Million	+17.98%
Total Change	CN¥-	-9.76%

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: 28.51x
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 58.27x to 28.51x 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¥12.43	x
2007-12-31	CN¥0.22	CN¥12.43	x
2008-12-31	CN¥0.27	CN¥12.43	x
2009-12-31	CN¥0.34	CN¥12.43	x
2010-12-31	CN¥1.17	CN¥12.43	x
2011-12-31	CN¥1.19	CN¥12.43	x
2012-12-31	CN¥1.18	CN¥12.43	x
2013-12-31	CN¥1.22	CN¥12.43	x
2014-12-31	CN¥1.25	CN¥12.43	x
2015-12-31	CN¥1.29	CN¥12.43	x
2016-12-31	CN¥1.31	CN¥12.43	x
2017-12-31	CN¥1.34	CN¥12.43	x
2018-12-31	CN¥1.36	CN¥12.43	x
2019-12-31	CN¥1.01	CN¥12.43	x
2020-12-31	CN¥0.81	CN¥12.43	x
2021-12-31	CN¥0.69	CN¥12.43	x
2022-12-31	CN¥0.61	CN¥12.43	x
2023-12-31	CN¥0.54	CN¥12.43	x
2024-12-31	CN¥0.48	CN¥12.43	x
2025-12-31	CN¥0.44	CN¥12.43	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): -10.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -13.42%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.70x
Recent ROE (-10.47%) is below the historical average (0.22%), 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	-34.32%	-46.17%	0.49x	1.50x	CN¥-424.79 Million
2020	-25.03%	-37.66%	0.44x	1.52x	CN¥-267.58 Million
2021	-16.62%	-24.71%	0.47x	1.42x	CN¥-174.02 Million
2022	-14.55%	-26.32%	0.40x	1.40x	CN¥-141.12 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
2025	-10.47%	-13.42%	0.46x	1.70x	CN¥-84.53 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: $727,659,547
Average return on equity (ROE) among peers: 10.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Goldlok Toys Holdings Guangdong Co Ltd (002348)	CN¥398.07 Million	13.59%	0.71x	$1.72 Billion
China Bicycle Co Holdings Ltd (000017)	$368.14 Million	4.58%	0.18x	$334.79 Million
HL Corp Shenzhen (002105)	$983.84 Million	2.21%	0.72x	$293.69 Million
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575)	$884.00 Million	4.93%	0.13x	$556.62 Million
Shanghai Yaoji Playing Card Co Ltd (002605)	$2.05 Billion	6.70%	0.38x	$1.16 Billion
Xiamen Comfort Science&Technology Group Co Ltd (002614)	$397.50 Million	38.51%	1.66x	$440.85 Million
Guangzhou Pearl River Piano Group Co Ltd (002678)	$1.85 Billion	7.63%	0.28x	$1.08 Billion
Shifeng Cultural Development Co Ltd (002862)	$179.37 Million	19.70%	0.56x	$362.36 Million
Impulse Qingdao Health Tech Co Ltd (002899)	$1.70 Billion	6.41%	0.74x	$524.25 Million
China Bicycle Co Holdings Ltd (200017)	$-1.86 Billion	0.00%	0.00x	$51.61 Million

About Goldlok Toys Holdings Guangdong Co Ltd

SHE:002348 China Leisure

Market Cap

$1.72 Billion

CN¥11.77 Billion CNY

Market Cap Rank

#6824 Global

#1514 in China

Share Price

CN¥12.43

Change (1 day)

+9.04%

52-Week Range

CN¥3.63 - CN¥15.37

All Time High

CN¥15.37