Guangzhou Haige Communications Group Incorporated Co
Guangzhou Haige Communications Group Incorporated Company, together with its subsidiaries, engages in the wireless communications, Beidou navigation, aerospace, and digital intelligence ecology businesses in China. The company offers shortwave, ultra-shortwave, unmanned, and satellite communication; digital cluster; 5G, data link, multi-mode intelligent terminals and systems; SMS services; and sm… Read more
Guangzhou Haige Communications Group Incorporated Co (002465) - Net Assets
Latest net assets as of September 2025: CN¥12.57 Billion CNY
Based on the latest financial reports, Guangzhou Haige Communications Group Incorporated Co (002465) has net assets worth CN¥12.57 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¥21.11 Billion) and total liabilities (CN¥8.54 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¥12.57 Billion |
| % of Total Assets | 59.54% |
| Annual Growth Rate | 19.13% |
| 5-Year Change | 25.32% |
| 10-Year Change | 88.84% |
| Growth Volatility | 84.53 |
Guangzhou Haige Communications Group Incorporated Co - Net Assets Trend (2007–2024)
This chart illustrates how Guangzhou Haige Communications Group Incorporated Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangzhou Haige Communications Group Incorporated Co (2007–2024)
The table below shows the annual net assets of Guangzhou Haige Communications Group Incorporated Co from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.14 Billion | -2.62% |
| 2023-12-31 | CN¥13.49 Billion | +19.76% |
| 2022-12-31 | CN¥11.26 Billion | +3.54% |
| 2021-12-31 | CN¥10.88 Billion | +3.78% |
| 2020-12-31 | CN¥10.48 Billion | +4.38% |
| 2019-12-31 | CN¥10.04 Billion | +13.50% |
| 2018-12-31 | CN¥8.85 Billion | +3.16% |
| 2017-12-31 | CN¥8.58 Billion | +19.04% |
| 2016-12-31 | CN¥7.21 Billion | +3.58% |
| 2015-12-31 | CN¥6.96 Billion | +29.16% |
| 2014-12-31 | CN¥5.39 Billion | +13.69% |
| 2013-12-31 | CN¥4.74 Billion | +7.97% |
| 2012-12-31 | CN¥4.39 Billion | +1.54% |
| 2011-12-31 | CN¥4.32 Billion | +0.53% |
| 2010-12-31 | CN¥4.30 Billion | +367.19% |
| 2009-12-31 | CN¥919.99 Million | +14.91% |
| 2008-12-31 | CN¥800.62 Million | +19.58% |
| 2007-12-31 | CN¥669.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Haige Communications Group Incorporated Co'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 1803.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.86 Billion | 22.67% |
| Common Stock | CN¥2.48 Billion | 19.69% |
| Other Components | CN¥7.27 Billion | 57.65% |
| Total Equity | CN¥12.61 Billion | 100.00% |
Guangzhou Haige Communications Group Incorporated Co Competitors by Market Cap
The table below lists competitors of Guangzhou Haige Communications Group Incorporated Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrobras Distribuidora S.A
PINK:PETRY
|
$3.77 Billion |
|
Havells India Limited
NSE:HAVELLS
|
$3.77 Billion |
|
CNO Financial Group Inc
NYSE:CNO
|
$3.77 Billion |
|
Nippon Paint Holdings Co. Ltd.
PINK:NPPHY
|
$3.77 Billion |
|
0IHQ
LSE:0IHQ
|
$3.77 Billion |
|
Shanghai RAAS Blood Products Co Ltd Class A
SHE:002252
|
$3.76 Billion |
|
Zhongfu Shenying Carbon Fiber Co. Ltd. A
SHG:688295
|
$3.76 Billion |
|
MRF Limited
NSE:MRF
|
$3.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Haige Communications Group Incorporated Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,866,655,447 to 12,606,173,067, a change of -260,482,380 (-2.0%).
- Net income of 53,135,821 contributed positively to equity growth.
- Dividend payments of 419,344,757 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥53.14 Million | +0.42% |
| Dividends Paid | CN¥419.34 Million | -3.33% |
| Other Changes | CN¥105.73 Million | +0.84% |
| Total Change | CN¥- | -2.02% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Haige Communications Group Incorporated Co'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: 3.26x
- 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 36.91x to 3.26x 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¥0.42 | CN¥15.45 | x |
| 2008-12-31 | CN¥0.51 | CN¥15.45 | x |
| 2009-12-31 | CN¥0.59 | CN¥15.45 | x |
| 2010-12-31 | CN¥2.56 | CN¥15.45 | x |
| 2011-12-31 | CN¥2.14 | CN¥15.45 | x |
| 2012-12-31 | CN¥2.20 | CN¥15.45 | x |
| 2013-12-31 | CN¥2.31 | CN¥15.45 | x |
| 2014-12-31 | CN¥2.46 | CN¥15.45 | x |
| 2015-12-31 | CN¥3.13 | CN¥15.45 | x |
| 2016-12-31 | CN¥3.15 | CN¥15.45 | x |
| 2017-12-31 | CN¥3.61 | CN¥15.45 | x |
| 2018-12-31 | CN¥3.68 | CN¥15.45 | x |
| 2019-12-31 | CN¥4.25 | CN¥15.45 | x |
| 2020-12-31 | CN¥4.31 | CN¥15.45 | x |
| 2021-12-31 | CN¥4.46 | CN¥15.45 | x |
| 2022-12-31 | CN¥4.63 | CN¥15.45 | x |
| 2023-12-31 | CN¥5.49 | CN¥15.45 | x |
| 2024-12-31 | CN¥4.74 | CN¥15.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Haige Communications Group Incorporated Co 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): 0.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.08%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.63x
- Recent ROE (0.42%) is below the historical average (10.08%), 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 | 39.11% | 27.12% | 0.56x | 2.60x | CN¥180.95 Million |
| 2008 | 28.99% | 23.84% | 0.59x | 2.07x | CN¥142.66 Million |
| 2009 | 24.49% | 22.33% | 0.61x | 1.81x | CN¥125.42 Million |
| 2010 | 5.67% | 24.97% | 0.20x | 1.11x | CN¥-183.82 Million |
| 2011 | 5.45% | 23.33% | 0.21x | 1.12x | CN¥-194.32 Million |
| 2012 | 6.07% | 21.73% | 0.25x | 1.11x | CN¥-170.67 Million |
| 2013 | 7.14% | 19.37% | 0.29x | 1.25x | CN¥-130.35 Million |
| 2014 | 8.96% | 14.99% | 0.35x | 1.72x | CN¥-51.45 Million |
| 2015 | 8.94% | 15.23% | 0.38x | 1.53x | CN¥-68.68 Million |
| 2016 | 7.94% | 12.87% | 0.38x | 1.63x | CN¥-137.91 Million |
| 2017 | 3.60% | 8.75% | 0.28x | 1.45x | CN¥-521.47 Million |
| 2018 | 5.17% | 10.51% | 0.36x | 1.37x | CN¥-407.10 Million |
| 2019 | 5.41% | 11.28% | 0.35x | 1.36x | CN¥-439.99 Million |
| 2020 | 5.90% | 11.43% | 0.37x | 1.41x | CN¥-407.13 Million |
| 2021 | 6.35% | 11.94% | 0.37x | 1.44x | CN¥-375.14 Million |
| 2022 | 6.27% | 11.90% | 0.37x | 1.43x | CN¥-397.95 Million |
| 2023 | 5.46% | 10.90% | 0.33x | 1.51x | CN¥-583.66 Million |
| 2024 | 0.42% | 1.08% | 0.24x | 1.63x | CN¥-1.21 Billion |
Industry Comparison
This section compares Guangzhou Haige Communications Group Incorporated Co's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Haige Communications Group Incorporated Co (002465) | CN¥12.57 Billion | 39.11% | 0.68x | $3.77 Billion |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |