Guizhou Bailing Group Pharmaceutical Co Ltd

SHE:002424 China Drug Manufacturers - Specialty & Generic
Market Cap
$961.92 Million
CN¥7.06 Billion CNY
Market Cap Rank
#8371 Global
#1572 in China
Share Price
CN¥5.05
Change (1 day)
-1.17%
52-Week Range
CN¥3.85 - CN¥6.65
All Time High
CN¥28.52
About

Guizhou Bailing Group Pharmaceutical Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells medicines in China. It operates through four segments: Industrial, Commerce, Medical institutions, and Others The company offers medicines in various forms, including tablets, capsules, granules, syrups, powders, pills, dews, pastes, sprays, and oral liquids, as well as wines … Read more

Guizhou Bailing Group Pharmaceutical Co Ltd (002424) - Net Assets

Latest net assets as of September 2025: CN¥3.28 Billion CNY

Based on the latest financial reports, Guizhou Bailing Group Pharmaceutical Co Ltd (002424) has net assets worth CN¥3.28 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¥6.29 Billion) and total liabilities (CN¥3.00 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¥3.28 Billion
% of Total Assets 52.22%
Annual Growth Rate 18.34%
5-Year Change -18.39%
10-Year Change 19.33%
Growth Volatility 91.54

Guizhou Bailing Group Pharmaceutical Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Guizhou Bailing Group Pharmaceutical 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 Guizhou Bailing Group Pharmaceutical Co Ltd (2007–2024)

The table below shows the annual net assets of Guizhou Bailing Group Pharmaceutical Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.20 Billion -9.30%
2023-12-31 CN¥3.53 Billion -11.75%
2022-12-31 CN¥4.00 Billion +0.93%
2021-12-31 CN¥3.96 Billion +1.02%
2020-12-31 CN¥3.92 Billion -5.22%
2019-12-31 CN¥4.14 Billion +5.39%
2018-12-31 CN¥3.92 Billion +13.20%
2017-12-31 CN¥3.47 Billion +13.11%
2016-12-31 CN¥3.07 Billion +14.34%
2015-12-31 CN¥2.68 Billion +14.19%
2014-12-31 CN¥2.35 Billion +10.37%
2013-12-31 CN¥2.13 Billion +4.15%
2012-12-31 CN¥2.04 Billion +5.27%
2011-12-31 CN¥1.94 Billion +5.05%
2010-12-31 CN¥1.85 Billion +393.30%
2009-12-31 CN¥374.42 Million +42.50%
2008-12-31 CN¥262.75 Million +43.83%
2007-12-31 CN¥182.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guizhou Bailing Group Pharmaceutical 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 5201.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.55 Billion 48.63%
Common Stock CN¥1.40 Billion 43.93%
Other Components CN¥236.53 Million 7.44%
Total Equity CN¥3.18 Billion 100.00%

Guizhou Bailing Group Pharmaceutical Co Ltd Competitors by Market Cap

The table below lists competitors of Guizhou Bailing Group Pharmaceutical Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guizhou Bailing Group Pharmaceutical Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,512,356,643 to 3,181,166,740, a change of -331,189,903 (-9.4%).
  • Net income of 33,621,934 contributed positively to equity growth.
  • Dividend payments of 81,345,988 reduced retained earnings.
  • Share repurchases of 119,584,596 reduced equity.
  • Other factors decreased equity by 163,881,253.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥33.62 Million +1.06%
Dividends Paid CN¥81.35 Million -2.56%
Share Repurchases CN¥119.58 Million -3.76%
Other Changes CN¥-163.88 Million -5.15%
Total Change CN¥- -9.43%

Book Value vs Market Value Analysis

This analysis compares Guizhou Bailing Group Pharmaceutical 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: 2.67x
  • 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 29.39x to 2.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.17 CN¥5.05 x
2008-12-31 CN¥0.25 CN¥5.05 x
2009-12-31 CN¥0.57 CN¥5.05 x
2010-12-31 CN¥1.44 CN¥5.05 x
2011-12-31 CN¥1.35 CN¥5.05 x
2012-12-31 CN¥1.43 CN¥5.05 x
2013-12-31 CN¥1.48 CN¥5.05 x
2014-12-31 CN¥1.65 CN¥5.05 x
2015-12-31 CN¥1.87 CN¥5.05 x
2016-12-31 CN¥2.13 CN¥5.05 x
2017-12-31 CN¥2.40 CN¥5.05 x
2018-12-31 CN¥2.68 CN¥5.05 x
2019-12-31 CN¥2.87 CN¥5.05 x
2020-12-31 CN¥2.76 CN¥5.05 x
2021-12-31 CN¥2.82 CN¥5.05 x
2022-12-31 CN¥2.86 CN¥5.05 x
2023-12-31 CN¥2.54 CN¥5.05 x
2024-12-31 CN¥1.89 CN¥5.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guizhou Bailing Group Pharmaceutical 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): 1.06%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.88%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 2.24x
  • Recent ROE (1.06%) is below the historical average (12.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 39.41% 16.11% 0.90x 2.73x CN¥53.66 Million
2008 30.56% 13.35% 1.03x 2.22x CN¥54.02 Million
2009 29.82% 15.35% 0.89x 2.19x CN¥74.22 Million
2010 8.57% 18.32% 0.31x 1.52x CN¥-26.50 Million
2011 10.89% 18.30% 0.38x 1.58x CN¥16.95 Million
2012 10.95% 16.21% 0.42x 1.60x CN¥19.31 Million
2013 12.80% 19.18% 0.40x 1.65x CN¥59.02 Million
2014 13.37% 19.72% 0.44x 1.54x CN¥78.30 Million
2015 15.54% 21.66% 0.49x 1.45x CN¥146.70 Million
2016 15.96% 21.78% 0.52x 1.40x CN¥180.17 Million
2017 15.39% 20.30% 0.54x 1.41x CN¥184.16 Million
2018 14.55% 17.96% 0.52x 1.54x CN¥176.22 Million
2019 6.98% 9.92% 0.40x 1.74x CN¥-122.44 Million
2020 3.91% 4.93% 0.44x 1.81x CN¥-237.01 Million
2021 3.01% 3.81% 0.48x 1.65x CN¥-275.65 Million
2022 3.47% 3.91% 0.51x 1.73x CN¥-260.99 Million
2023 -11.80% -9.72% 0.58x 2.09x CN¥-765.75 Million
2024 1.06% 0.88% 0.54x 2.24x CN¥-284.49 Million

Industry Comparison

This section compares Guizhou Bailing Group Pharmaceutical Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $2,123,990,643
  • Average return on equity (ROE) among peers: -0.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guizhou Bailing Group Pharmaceutical Co Ltd (002424) CN¥3.28 Billion 39.41% 0.91x $770.63 Million
Shenzhen Neptunus Bioengineering Co Ltd (000078) $6.47 Billion 9.88% 3.77x $616.08 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153) $1.18 Billion 2.74% 0.95x $320.56 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423) $10.33 Billion 15.07% 0.27x $3.03 Billion
Wedge Industrial Co Ltd (000534) $298.72 Million 1.96% 0.38x $1.77 Billion
Yunnan Baiyao Group Co Ltd (000538) $35.11 Million 18.13% 0.80x $5.62 Billion
Hainan Haiyao Co Ltd (000566) $353.98 Million -9.58% 0.80x $702.18 Million
Tus Pharmaceutical Group Co Ltd (000590) $269.51 Million -61.02% 1.05x $317.08 Million
Northeast Pharmaceutical Group Co Ltd (000597) $927.49 Million 2.65% 1.38x $425.60 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623) $1.11 Billion 7.32% 0.29x $2.05 Billion
Renhe Pharmacy Co Ltd (000650) $261.49 Million 10.60% 0.82x $777.45 Million