Guangzhou Haige Communications Group Incorporated Co (002465) - Net Assets

Latest as of June 2026: CN¥11.64 Billion CNY ≈ $1.70 Billion USD

Based on the latest financial reports, Guangzhou Haige Communications Group Incorporated Co (002465) has net assets worth CN¥11.64 Billion CNY (≈ $1.70 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥21.16 Billion ≈ $3.10 Billion USD) and total liabilities (CN¥9.52 Billion ≈ $1.39 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. Check 002465 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥11.64 Billion
% of Total Assets	55.0%
Annual Growth Rate	17.37%
5-Year Change	9.94%
10-Year Change	65.98%
Growth Volatility	82.65

Guangzhou Haige Communications Group Incorporated Co - Net Assets Trend (2007–2025)

This chart illustrates how Guangzhou Haige Communications Group Incorporated Co's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Guangzhou Haige Communications Group Inc market capitalisation.

Annual Net Assets for Guangzhou Haige Communications Group Incorporated Co (2007–2025)

The table below shows the annual net assets of Guangzhou Haige Communications Group Incorporated Co from 2007 to 2025. Also explore Guangzhou Haige Communications Group Inc (002465) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥11.96 Billion ≈ $1.75 Billion	-8.96%
2024-12-31	CN¥13.14 Billion ≈ $1.92 Billion	-2.62%
2023-12-31	CN¥13.49 Billion ≈ $1.97 Billion	+19.76%
2022-12-31	CN¥11.26 Billion ≈ $1.65 Billion	+3.54%
2021-12-31	CN¥10.88 Billion ≈ $1.59 Billion	+3.78%
2020-12-31	CN¥10.48 Billion ≈ $1.53 Billion	+4.38%
2019-12-31	CN¥10.04 Billion ≈ $1.47 Billion	+13.36%
2018-12-31	CN¥8.86 Billion ≈ $1.30 Billion	+3.28%
2017-12-31	CN¥8.58 Billion ≈ $1.26 Billion	+19.04%
2016-12-31	CN¥7.21 Billion ≈ $1.05 Billion	+3.58%
2015-12-31	CN¥6.96 Billion ≈ $1.02 Billion	+29.16%
2014-12-31	CN¥5.39 Billion ≈ $788.13 Million	+13.69%
2013-12-31	CN¥4.74 Billion ≈ $693.23 Million	+7.97%
2012-12-31	CN¥4.39 Billion ≈ $642.04 Million	+1.54%
2011-12-31	CN¥4.32 Billion ≈ $632.28 Million	+0.53%
2010-12-31	CN¥4.30 Billion ≈ $628.94 Million	+367.19%
2009-12-31	CN¥919.99 Million ≈ $134.62 Million	+14.91%
2008-12-31	CN¥800.62 Million ≈ $117.16 Million	+19.58%
2007-12-31	CN¥669.55 Million ≈ $97.98 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 1180.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.92 Billion	16.84%
Common Stock	CN¥2.48 Billion	21.74%
Other Comprehensive Income	CN¥1.72 Billion	15.09%
Other Components	CN¥5.29 Billion	46.33%
Total Equity	CN¥11.42 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
Hangzhou Hangyang Co Ltd SHE:002430	$3.72 Billion
Shijiazhuang Yiling Pharmaceutical Co Ltd SHE:002603	$3.72 Billion
Arcadis N.V. AS:ARCAD	$3.72 Billion
Planet Fitness Inc NYSE:PLNT	$3.72 Billion
Siegfried Holding Ltd SW:SFZN	$3.71 Billion
Genworth Financial Inc NYSE:GNW	$3.71 Billion
United Community Banks, Inc. NASDAQ:UCB	$3.71 Billion
Hims Hers Health Inc NYSE:HIMS	$3.71 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 2024 to 2025, total equity changed from 12,606,173,067 to 11,417,231,221, a change of -1,188,941,846 (-9.4%).
Net loss of 786,367,482 reduced equity.
Dividend payments of 148,910,036 reduced retained earnings.
Share repurchases of 250,810,540 reduced equity.
Other comprehensive income increased equity by 1,723,142,857.
Other factors decreased equity by 1,725,996,645.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-786.37 Million	-6.89%
Dividends Paid	CN¥148.91 Million	-1.3%
Share Repurchases	CN¥250.81 Million	-2.2%
Other Comprehensive Income	CN¥1.72 Billion	+15.09%
Other Changes	CN¥-1.73 Billion	-15.12%
Total Change	CN¥-	-9.43%

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: 2.20x
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 24.42x to 2.20x 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¥10.22	x
2008-12-31	CN¥0.51	CN¥10.22	x
2009-12-31	CN¥0.59	CN¥10.22	x
2010-12-31	CN¥2.56	CN¥10.22	x
2011-12-31	CN¥2.14	CN¥10.22	x
2012-12-31	CN¥2.20	CN¥10.22	x
2013-12-31	CN¥2.31	CN¥10.22	x
2014-12-31	CN¥2.46	CN¥10.22	x
2015-12-31	CN¥3.13	CN¥10.22	x
2016-12-31	CN¥3.15	CN¥10.22	x
2017-12-31	CN¥3.61	CN¥10.22	x
2018-12-31	CN¥3.68	CN¥10.22	x
2019-12-31	CN¥4.25	CN¥10.22	x
2020-12-31	CN¥4.31	CN¥10.22	x
2021-12-31	CN¥4.46	CN¥10.22	x
2022-12-31	CN¥4.63	CN¥10.22	x
2023-12-31	CN¥5.49	CN¥10.22	x
2024-12-31	CN¥4.74	CN¥10.22	x
2025-12-31	CN¥4.64	CN¥10.22	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): -6.89%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -17.96%
• Asset Turnover: 0.21x
• Equity Multiplier: 1.86x
Recent ROE (-6.89%) is below the historical average (9.18%), 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	5.16%	10.51%	0.36x	1.37x	CN¥-408.02 Million
2019	5.41%	11.28%	0.35x	1.36x	CN¥-439.99 Million
2020	5.90%	11.43%	0.36x	1.42x	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
2025	-6.89%	-17.96%	0.21x	1.86x	CN¥-1.93 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: $1,234,019,388
Average return on equity (ROE) among peers: 7.58%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangzhou Haige Communications Group Incorporated Co (002465)	CN¥11.64 Billion	39.11%	0.82x	$3.71 Billion
ZTE Corp (000063)	$701.40 Million	16.69%	0.94x	$19.12 Billion
Shenzhen SDG Information Co Ltd (000070)	$777.81 Million	0.64%	0.63x	$2.33 Billion
Addsino Co Ltd (000547)	$483.41 Million	1.94%	1.23x	$3.49 Billion
Sichuan Huiyuan Optical Com (000586)	$310.66 Million	7.41%	1.42x	$385.53 Million
PetroChina Jinhong Energy Investment Co Ltd (000669)	$4.33 Billion	4.40%	1.81x	$414.19 Million
Sichuan Jiuzhou Electronic Co Ltd (000801)	$2.95 Billion	4.92%	0.86x	$1.81 Billion
Skyworth Digital Co Ltd (000810)	$152.08 Million	7.57%	1.53x	$1.63 Billion
Gohigh Data Networks Technology Co Ltd (000851)	$1.09 Billion	1.30%	1.15x	$64.38 Million
Shenzhen Coship Electronics Co Ltd (002052)	$1.49 Billion	4.51%	1.03x	$923.79 Million
Sunwave Communications Co Ltd (002115)	$60.20 Million	26.45%	1.69x	$1.19 Billion

About Guangzhou Haige Communications Group Incorporated Co

SHE:002465 China Communication Equipment

Market Cap

$3.71 Billion

CN¥25.36 Billion CNY

Market Cap Rank

#4319 Global

#677 in China

Share Price

CN¥10.22

Change (1 day)

+1.79%

52-Week Range

CN¥9.49 - CN¥26.62

All Time High

CN¥26.62