Guangdong Advertising Co Ltd Net Assets
Guangdong Advertising Co Ltd net assets. Based on the latest financial reports, Guangdong Advertising Co Ltd (002400) has net assets worth CN¥5.08 Billion CNY (≈ $743.64 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¥12.58 Billion ≈ $1.84 Billion USD) and total liabilities (CN¥7.50 Billion ≈ $1.10 Billion 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. Also explore Guangdong Advertising Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.08 Billion |
| % of Total Assets | 40.39% |
| Annual Growth Rate | 28.46% |
| 5-Year Change | 6.35% |
| 10-Year Change | -7.25% |
| Growth Volatility | 113.43 |
Net Assets of Guangdong Advertising Co Ltd (2006–2025)
Net assets of Guangdong Advertising Co Ltd from 2006 to 2025. This chart illustrates how Guangdong Advertising Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Guangdong Advertising Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Guangdong Advertising Co Ltd (2006–2025)
The table below shows the annual net assets of Guangdong Advertising Co Ltd from 2006 to 2025. For live market cap and overall valuation, see how much is Guangdong Advertising Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.08 Billion ≈ $742.77 Million |
+1.91% |
| 2024-12-31 | CN¥4.98 Billion ≈ $728.82 Million |
+0.06% |
| 2023-12-31 | CN¥4.98 Billion ≈ $728.41 Million |
+1.37% |
| 2022-12-31 | CN¥4.91 Billion ≈ $718.56 Million |
+2.89% |
| 2021-12-31 | CN¥4.77 Billion ≈ $698.39 Million |
+3.79% |
| 2020-12-31 | CN¥4.60 Billion ≈ $672.88 Million |
-18.09% |
| 2019-12-31 | CN¥5.61 Billion ≈ $821.51 Million |
+1.72% |
| 2018-12-31 | CN¥5.52 Billion ≈ $807.58 Million |
+3.71% |
| 2017-12-31 | CN¥5.32 Billion ≈ $778.68 Million |
-2.77% |
| 2016-12-31 | CN¥5.47 Billion ≈ $800.83 Million |
+104.78% |
| 2015-12-31 | CN¥2.67 Billion ≈ $391.07 Million |
+26.13% |
| 2014-12-31 | CN¥2.12 Billion ≈ $310.05 Million |
+25.29% |
| 2013-12-31 | CN¥1.69 Billion ≈ $247.47 Million |
+20.86% |
| 2012-12-31 | CN¥1.40 Billion ≈ $204.76 Million |
+19.48% |
| 2011-12-31 | CN¥1.17 Billion ≈ $171.37 Million |
+14.86% |
| 2010-12-31 | CN¥1.02 Billion ≈ $149.19 Million |
+511.18% |
| 2009-12-31 | CN¥166.82 Million ≈ $24.41 Million |
+34.00% |
| 2008-12-31 | CN¥124.49 Million ≈ $18.22 Million |
+56.65% |
| 2007-12-31 | CN¥79.47 Million ≈ $11.63 Million |
+82.56% |
| 2006-12-31 | CN¥43.53 Million ≈ $6.37 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Advertising 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 12646.5% over the analyzed period, indicating profitable operations and earnings retention.
Guangdong Advertising Co Ltd Net Assets Breakdown (December 2025)
Guangdong Advertising Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.58 Billion | 31.57% |
| Other Components | CN¥3.43 Billion | 68.43% |
| Total Equity | CN¥5.01 Billion | 100.00% |
Guangdong Advertising Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Advertising Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rush Enterprises B Inc
NASDAQ:RUSHB
|
$1.42 Billion |
|
China Kings Resources Group Co
SHG:603505
|
$1.42 Billion |
|
ATOSS Software SE
XETRA:AOF
|
$1.42 Billion |
|
Xuzhou Handler Special Vehicle Co Ltd
SHE:300201
|
$1.42 Billion |
|
ADAMA Ltd
SHE:000553
|
$1.42 Billion |
|
First Tractor Co Ltd
SHG:601038
|
$1.42 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
$1.42 Billion |
|
Zhejiang Jingxin Pharmaceutical Co Ltd
SHE:002020
|
$1.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Advertising Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,931,066,225 to 5,006,231,954, a change of 75,165,729 (1.5%).
- Net income of 89,969,471 contributed positively to equity growth.
- Dividend payments of 92,466,084 reduced retained earnings.
- Other comprehensive income decreased equity by 320,719,315.
- Other factors increased equity by 398,381,657.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥89.97 Million | +1.8% |
| Dividends Paid | CN¥92.47 Million | -1.85% |
| Other Comprehensive Income | CN¥-320.72 Million | -6.41% |
| Other Changes | CN¥398.38 Million | +7.96% |
| Total Change | CN¥- | 1.52% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Advertising 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: 1.94x
- 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 154.41x to 1.94x 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¥0.04 | CN¥5.56 | x |
| 2007-12-31 | CN¥0.07 | CN¥5.56 | x |
| 2008-12-31 | CN¥0.11 | CN¥5.56 | x |
| 2009-12-31 | CN¥0.15 | CN¥5.56 | x |
| 2010-12-31 | CN¥0.76 | CN¥5.56 | x |
| 2011-12-31 | CN¥0.75 | CN¥5.56 | x |
| 2012-12-31 | CN¥0.86 | CN¥5.56 | x |
| 2013-12-31 | CN¥1.03 | CN¥5.56 | x |
| 2014-12-31 | CN¥1.31 | CN¥5.56 | x |
| 2015-12-31 | CN¥1.61 | CN¥5.56 | x |
| 2016-12-31 | CN¥3.23 | CN¥5.56 | x |
| 2017-12-31 | CN¥3.00 | CN¥5.56 | x |
| 2018-12-31 | CN¥3.08 | CN¥5.56 | x |
| 2019-12-31 | CN¥3.09 | CN¥5.56 | x |
| 2020-12-31 | CN¥2.54 | CN¥5.56 | x |
| 2021-12-31 | CN¥2.66 | CN¥5.56 | x |
| 2022-12-31 | CN¥2.75 | CN¥5.56 | x |
| 2023-12-31 | CN¥2.80 | CN¥5.56 | x |
| 2024-12-31 | CN¥2.83 | CN¥5.56 | x |
| 2025-12-31 | CN¥2.87 | CN¥5.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Advertising 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): 1.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.42%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 2.64x
- Recent ROE (1.80%) is below the historical average (13.53%), 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 | 45.26% | 1.77% | 2.90x | 8.80x | CN¥13.98 Million |
| 2007 | 52.07% | 2.61% | 3.70x | 5.38x | CN¥31.65 Million |
| 2008 | 38.03% | 2.58% | 3.44x | 4.29x | CN¥33.96 Million |
| 2009 | 32.65% | 2.63% | 3.29x | 3.78x | CN¥36.97 Million |
| 2010 | 6.68% | 2.20% | 1.78x | 1.71x | CN¥-33.69 Million |
| 2011 | 9.00% | 2.66% | 1.82x | 1.86x | CN¥-11.01 Million |
| 2012 | 14.42% | 3.91% | 1.75x | 2.10x | CN¥55.42 Million |
| 2013 | 19.22% | 5.14% | 1.81x | 2.07x | CN¥137.98 Million |
| 2014 | 22.06% | 6.71% | 1.30x | 2.52x | CN¥232.40 Million |
| 2015 | 22.48% | 5.69% | 1.24x | 3.19x | CN¥303.98 Million |
| 2016 | 11.77% | 5.60% | 1.04x | 2.02x | CN¥92.10 Million |
| 2017 | -3.67% | -1.63% | 1.13x | 2.00x | CN¥-685.51 Million |
| 2018 | 3.57% | 1.53% | 1.31x | 1.77x | CN¥-334.92 Million |
| 2019 | 2.78% | 1.30% | 1.32x | 1.63x | CN¥-388.41 Million |
| 2020 | -21.09% | -7.01% | 1.63x | 1.84x | CN¥-1.37 Billion |
| 2021 | 3.97% | 1.41% | 1.64x | 1.71x | CN¥-279.15 Million |
| 2022 | 4.43% | 1.46% | 1.57x | 1.94x | CN¥-267.13 Million |
| 2023 | 3.14% | 0.92% | 1.57x | 2.18x | CN¥-334.43 Million |
| 2024 | 2.05% | 0.49% | 1.97x | 2.13x | CN¥-392.18 Million |
| 2025 | 1.80% | 0.42% | 1.62x | 2.64x | CN¥-410.65 Million |
Industry Comparison
This section compares Guangdong Advertising Co Ltd's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $4,446,923,982
- Average return on equity (ROE) among peers: 1.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Advertising Co Ltd (002400) | CN¥5.08 Billion | 45.26% | 1.48x | $1.42 Billion |
| Genimous Technology Co Ltd (000676) | $5.06 Billion | 10.43% | 0.39x | $1.22 Billion |
| Hunan TV & Broadcast Intermediary Co Ltd (000917) | $11.34 Billion | 1.84% | 0.56x | $1.24 Billion |
| Focus Media Information Technology Co Ltd (002027) | $718.56 Million | 0.62% | 0.31x | $11.12 Billion |
| NanJi ECommerce Co Ltd (002127) | $4.39 Billion | -6.78% | 0.15x | $980.68 Million |
| Leo Group Co Ltd (002131) | $11.67 Billion | -3.78% | 0.67x | $3.64 Billion |
| Foshan Saturday Shoes Co Ltd (002291) | $1.37 Billion | 8.31% | 0.32x | $666.41 Million |
| Simei Media Co Ltd (002712) | $3.16 Billion | 1.47% | 0.45x | $357.60 Million |
| Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) | $1.28 Billion | -2.31% | 0.85x | $491.87 Million |
| Beijing Quanshi World Online Net (002995) | $1.05 Billion | 0.30% | 0.37x | $431.31 Million |
About Guangdong Advertising Co Ltd
Guangdong Advertising Group Co.,Ltd operates as an advertising and marketing company in China and internationally. It engages in media agency, digital marketing, brand management, media publishing, and public relations activities. It is also involved in e-commerce and overseas marketing business. In addition, the company operates cloud computing, as well as offers big data products and marketing … Read more