Great Chinasoft Technology Co Ltd (002453) - Net Assets
Based on the latest financial reports, Great Chinasoft Technology Co Ltd (002453) has net assets worth CN¥936.46 Million CNY (≈ $137.03 Million USD) 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 ≈ $232.40 Million USD) and total liabilities (CN¥651.72 Million ≈ $95.37 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 Great Chinasoft Technology Co Ltd (002453) tangible net worth to evaluate the tangible quality of the company's equity base.
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. See how many days can Great Chinasoft Technology Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see Great Chinasoft Technology Co Ltd (002453) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.06 Billion ≈ $155.77 Million |
-19.33% |
| 2023-12-31 | CN¥1.32 Billion ≈ $193.09 Million |
-20.85% |
| 2022-12-31 | CN¥1.67 Billion ≈ $243.94 Million |
-21.19% |
| 2021-12-31 | CN¥2.12 Billion ≈ $309.53 Million |
+24.55% |
| 2020-12-31 | CN¥1.70 Billion ≈ $248.51 Million |
+146.77% |
| 2019-12-31 | CN¥688.21 Million ≈ $100.71 Million |
-30.99% |
| 2018-12-31 | CN¥997.25 Million ≈ $145.93 Million |
+5.98% |
| 2017-12-31 | CN¥940.94 Million ≈ $137.69 Million |
-1.66% |
| 2016-12-31 | CN¥956.86 Million ≈ $140.02 Million |
-26.15% |
| 2015-12-31 | CN¥1.30 Billion ≈ $189.60 Million |
+4.47% |
| 2014-12-31 | CN¥1.24 Billion ≈ $181.48 Million |
+1.71% |
| 2013-12-31 | CN¥1.22 Billion ≈ $178.42 Million |
+59.35% |
| 2012-12-31 | CN¥765.15 Million ≈ $111.97 Million |
-8.10% |
| 2011-12-31 | CN¥832.63 Million ≈ $121.84 Million |
+18.08% |
| 2010-12-31 | CN¥705.15 Million ≈ $103.19 Million |
+202.23% |
| 2009-12-31 | CN¥233.31 Million ≈ $34.14 Million |
+33.40% |
| 2008-12-31 | CN¥174.90 Million ≈ $25.59 Million |
+30.84% |
| 2007-12-31 | CN¥133.68 Million ≈ $19.56 Million |
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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.
| Company | Market Cap |
|---|---|
|
Semen Indonesia Persero Tbk
JK:SMGR
|
$592.01 Million |
|
Invesco Value Municipal Income Closed Fund
NYSE:IIM
|
$592.12 Million |
|
Hanwha REIT Co. Ltd.
KO:451800
|
$592.13 Million |
|
GKHT Medical Technology Co. Ltd. A
SHE:301370
|
$592.23 Million |
|
Pasifik Gayrimenkul Yatirim Ortakligi AS
IS:PSGYO
|
$591.97 Million |
|
Far East Holdings Bhd
KLSE:5029
|
$591.90 Million |
|
Vaalco Energy Inc
NYSE:EGY
|
$591.78 Million |
|
REalloys Inc.
NASDAQ:ALOY
|
$591.73 Million |
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: 3.93x
- 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 13.49x to 3.93x 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¥4.98 | x |
| 2008-12-31 | CN¥0.47 | CN¥4.98 | x |
| 2009-12-31 | CN¥0.62 | CN¥4.98 | x |
| 2010-12-31 | CN¥1.70 | CN¥4.98 | x |
| 2011-12-31 | CN¥1.58 | CN¥4.98 | x |
| 2012-12-31 | CN¥1.50 | CN¥4.98 | x |
| 2013-12-31 | CN¥1.98 | CN¥4.98 | x |
| 2014-12-31 | CN¥1.96 | CN¥4.98 | x |
| 2015-12-31 | CN¥1.90 | CN¥4.98 | x |
| 2016-12-31 | CN¥1.56 | CN¥4.98 | x |
| 2017-12-31 | CN¥1.68 | CN¥4.98 | x |
| 2018-12-31 | CN¥1.48 | CN¥4.98 | x |
| 2019-12-31 | CN¥1.03 | CN¥4.98 | x |
| 2020-12-31 | CN¥2.76 | CN¥4.98 | x |
| 2021-12-31 | CN¥2.46 | CN¥4.98 | x |
| 2022-12-31 | CN¥1.73 | CN¥4.98 | x |
| 2023-12-31 | CN¥1.50 | CN¥4.98 | x |
| 2024-12-31 | CN¥1.27 | CN¥4.98 | 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: $814,039,775
- Average return on equity (ROE) among peers: 11.86%
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 | $592.00 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.66 Billion | 14.45% | 1.50x | $940.88 Million |
| Sichuan Chemical Co Ltd (000155) | $452.40 Million | 20.36% | 1.97x | $3.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.56 Billion | 4.43% | 0.36x | $11.21 Billion |
| Zangge Holding Co Ltd (000408) | $500.14 Million | 2.06% | 0.92x | $17.56 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $2.10 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $152.09 Million | 4.78% | 1.62x | $348.02 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $560.43 Million | 4.68% | 0.78x | $891.94 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $342.74 Million | 13.58% | 2.48x | $376.61 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $702.67 Million | 17.21% | 0.08x | $286.04 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $35.88 Million | 31.04% | 3.02x | $3.42 Billion |
About Great Chinasoft Technology Co Ltd
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