Great Chinasoft Technology Co Ltd

SHE:002453 China Chemicals
Market Cap
$663.20 Million
CN¥4.87 Billion CNY
Market Cap Rank
#11704 Global
#2802 in China
Share Price
CN¥5.99
Change (1 day)
-3.54%
52-Week Range
CN¥4.72 - CN¥9.76
All Time High
CN¥21.29
About

Great Chinasoft Technology Co.,Ltd. operates as a chemical company in China and internationally. The company offers fine chemicals comprising paper chemicals AKD, ASA, fluorescent brightener, electronic chemicals, and other chemicals; pharmaceutical/pesticide intermediates consisting of chloroformates, acyl chloride, cyanoacetamide, and malonitrile; and food additives used in meat and seafood wat… Read more

Great Chinasoft Technology Co Ltd (002453) - Net Assets

Latest net assets as of September 2025: CN¥936.46 Million CNY

Based on the latest financial reports, Great Chinasoft Technology Co Ltd (002453) has net assets worth CN¥936.46 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¥1.59 Billion) and total liabilities (CN¥651.72 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¥936.46 Million
% of Total Assets 58.96%
Annual Growth Rate 12.98%
5-Year Change -37.32%
10-Year Change -17.84%
Growth Volatility 60.69

Great Chinasoft Technology Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Great Chinasoft Technology 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 Great Chinasoft Technology Co Ltd (2007–2024)

The table below shows the annual net assets of Great Chinasoft Technology Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.06 Billion -19.33%
2023-12-31 CN¥1.32 Billion -20.85%
2022-12-31 CN¥1.67 Billion -21.19%
2021-12-31 CN¥2.12 Billion +24.55%
2020-12-31 CN¥1.70 Billion +146.77%
2019-12-31 CN¥688.21 Million -30.99%
2018-12-31 CN¥997.25 Million +5.98%
2017-12-31 CN¥940.94 Million -1.66%
2016-12-31 CN¥956.86 Million -26.15%
2015-12-31 CN¥1.30 Billion +4.47%
2014-12-31 CN¥1.24 Billion +1.71%
2013-12-31 CN¥1.22 Billion +59.35%
2012-12-31 CN¥765.15 Million -8.10%
2011-12-31 CN¥832.63 Million +18.08%
2010-12-31 CN¥705.15 Million +202.23%
2009-12-31 CN¥233.31 Million +33.40%
2008-12-31 CN¥174.90 Million +30.84%
2007-12-31 CN¥133.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Great Chinasoft Technology 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 28316.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥812.37 Million 77.95%
Other Comprehensive Income CN¥129.37 Million 12.41%
Other Components CN¥1.30 Billion 124.95%
Total Equity CN¥1.04 Billion 100.00%

Great Chinasoft Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Great Chinasoft Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Great Chinasoft Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,262,249,175 to 1,042,147,302, a change of -220,101,873 (-17.4%).
  • Net loss of 287,619,029 reduced equity.
  • Dividend payments of 4,551,617 reduced retained earnings.
  • Other comprehensive income increased equity by 120,481,206.
  • Other factors decreased equity by 48,412,433.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-287.62 Million -27.6%
Dividends Paid CN¥4.55 Million -0.44%
Other Comprehensive Income CN¥120.48 Million +11.56%
Other Changes CN¥-48.41 Million -4.65%
Total Change CN¥- -17.44%

Book Value vs Market Value Analysis

This analysis compares Great Chinasoft Technology 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: 4.72x
  • 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 16.23x to 4.72x 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¥0.37 CN¥5.99 x
2008-12-31 CN¥0.47 CN¥5.99 x
2009-12-31 CN¥0.62 CN¥5.99 x
2010-12-31 CN¥1.70 CN¥5.99 x
2011-12-31 CN¥1.58 CN¥5.99 x
2012-12-31 CN¥1.50 CN¥5.99 x
2013-12-31 CN¥1.98 CN¥5.99 x
2014-12-31 CN¥1.96 CN¥5.99 x
2015-12-31 CN¥1.90 CN¥5.99 x
2016-12-31 CN¥1.56 CN¥5.99 x
2017-12-31 CN¥1.68 CN¥5.99 x
2018-12-31 CN¥1.48 CN¥5.99 x
2019-12-31 CN¥1.03 CN¥5.99 x
2020-12-31 CN¥2.76 CN¥5.99 x
2021-12-31 CN¥2.46 CN¥5.99 x
2022-12-31 CN¥1.73 CN¥5.99 x
2023-12-31 CN¥1.50 CN¥5.99 x
2024-12-31 CN¥1.27 CN¥5.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Great Chinasoft Technology 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): -27.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -55.82%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 1.63x
  • Recent ROE (-27.60%) is below the historical average (-2.61%), 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 18.29% 7.43% 1.12x 2.19x CN¥11.08 Million
2008 19.85% 7.76% 0.93x 2.74x CN¥16.63 Million
2009 20.42% 10.72% 0.77x 2.47x CN¥23.60 Million
2010 8.22% 8.46% 0.73x 1.33x CN¥-12.47 Million
2011 10.10% 8.67% 0.73x 1.59x CN¥732.85K
2012 9.99% 6.98% 0.83x 1.72x CN¥-54.24K
2013 4.04% 4.19% 0.62x 1.55x CN¥-69.50 Million
2014 3.05% 3.48% 0.53x 1.66x CN¥-82.37 Million
2015 2.11% 2.39% 0.55x 1.62x CN¥-94.64 Million
2016 -34.51% -25.71% 0.63x 2.13x CN¥-396.02 Million
2017 1.79% 1.06% 0.67x 2.50x CN¥-72.03 Million
2018 2.71% 1.19% 0.78x 2.94x CN¥-65.82 Million
2019 -51.82% -11.62% 1.44x 3.09x CN¥-365.26 Million
2020 3.02% 1.74% 0.95x 1.82x CN¥-110.35 Million
2021 -10.89% -5.50% 1.15x 1.72x CN¥-416.18 Million
2022 -11.72% -6.95% 0.87x 1.94x CN¥-347.61 Million
2023 -13.97% -31.99% 0.27x 1.62x CN¥-302.60 Million
2024 -27.60% -55.82% 0.30x 1.63x CN¥-391.83 Million

Industry Comparison

This section compares Great Chinasoft Technology Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Great Chinasoft Technology Co Ltd (002453) CN¥936.46 Million 18.29% 0.70x $376.12 Million
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million