Shenzhen Grandland Decoration Group Co Ltd (002482) - Net Assets
Based on the latest financial reports, Shenzhen Grandland Decoration Group Co Ltd (002482) has net assets worth CN¥479.88 Million CNY (≈ $70.22 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¥2.56 Billion ≈ $374.98 Million USD) and total liabilities (CN¥2.08 Billion ≈ $304.76 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 002482 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥479.88 Million |
| % of Total Assets | 18.73% |
| Annual Growth Rate | 8.37% |
| 5-Year Change | -90.96% |
| 10-Year Change | -90.31% |
| Growth Volatility | 318.51 |
Shenzhen Grandland Decoration Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Grandland Decoration Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Grandland Decoration Group Co L (002482) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Grandland Decoration Group Co Ltd (2007–2024)
The table below shows the annual net assets of Shenzhen Grandland Decoration Group Co Ltd from 2007 to 2024. For live valuation and market cap data, see market value of Shenzhen Grandland Decoration Group Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥575.31 Million ≈ $84.19 Million |
-25.86% |
| 2023-12-31 | CN¥775.94 Million ≈ $113.54 Million |
+115.47% |
| 2022-12-31 | CN¥-5.01 Billion ≈ $-733.83 Million |
-1038.43% |
| 2021-12-31 | CN¥534.39 Million ≈ $78.20 Million |
-91.60% |
| 2020-12-31 | CN¥6.36 Billion ≈ $930.92 Million |
-9.85% |
| 2019-12-31 | CN¥7.06 Billion ≈ $1.03 Billion |
-1.07% |
| 2018-12-31 | CN¥7.13 Billion ≈ $1.04 Billion |
+3.70% |
| 2017-12-31 | CN¥6.88 Billion ≈ $1.01 Billion |
+9.14% |
| 2016-12-31 | CN¥6.30 Billion ≈ $922.32 Million |
+6.11% |
| 2015-12-31 | CN¥5.94 Billion ≈ $869.22 Million |
+38.68% |
| 2014-12-31 | CN¥4.28 Billion ≈ $626.77 Million |
+14.21% |
| 2013-12-31 | CN¥3.75 Billion ≈ $548.79 Million |
+18.66% |
| 2012-12-31 | CN¥3.16 Billion ≈ $462.48 Million |
+14.36% |
| 2011-12-31 | CN¥2.76 Billion ≈ $404.41 Million |
+9.97% |
| 2010-12-31 | CN¥2.51 Billion ≈ $367.73 Million |
+729.87% |
| 2009-12-31 | CN¥302.82 Million ≈ $44.31 Million |
+50.37% |
| 2008-12-31 | CN¥201.39 Million ≈ $29.47 Million |
+37.39% |
| 2007-12-31 | CN¥146.58 Million ≈ $21.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Grandland Decoration Group 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 10447.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥3.75 Billion | 651.99% |
| Other Comprehensive Income | CN¥443.07 Million | 77.01% |
| Other Components | CN¥3.51 Billion | 609.62% |
| Total Equity | CN¥575.31 Million | 100.00% |
Shenzhen Grandland Decoration Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Grandland Decoration Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hongsheng Heat Exchanger Mnfg
SHG:603090
|
$938.72 Million |
|
Standard Lithium Ltd
V:SLI
|
$938.76 Million |
|
J.S. Corrugating Machinery Co Ltd
SHE:000821
|
$938.81 Million |
|
Shenzhen INVT Electric Co Ltd
SHE:002334
|
$939.06 Million |
|
Karelia Tobacco Company Inc
AT:KARE
|
$938.40 Million |
|
Weihai Honglin Electronic Co. Ltd. A
SHE:301439
|
$938.34 Million |
|
Suzhou Electrical Apparatus Sci
SHE:300215
|
$938.31 Million |
|
Taboola
NASDAQ:TBLA
|
$938.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Grandland Decoration Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 775,939,856 to 575,307,679, a change of -200,632,177 (-25.9%).
- Net loss of 200,632,173 reduced equity.
- Dividend payments of 35,483,008 reduced retained earnings.
- Other comprehensive income increased equity by 443,069,540.
- Other factors decreased equity by 407,586,536.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-200.63 Million | -34.87% |
| Dividends Paid | CN¥35.48 Million | -6.17% |
| Other Comprehensive Income | CN¥443.07 Million | +77.01% |
| Other Changes | CN¥-407.59 Million | -70.85% |
| Total Change | CN¥- | -25.86% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Grandland Decoration Group 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: 11.93x
- 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 increased from 11.15x to 11.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.15 | CN¥1.71 | x |
| 2008-12-31 | CN¥0.21 | CN¥1.71 | x |
| 2009-12-31 | CN¥0.32 | CN¥1.71 | x |
| 2010-12-31 | CN¥2.40 | CN¥1.71 | x |
| 2011-12-31 | CN¥2.16 | CN¥1.71 | x |
| 2012-12-31 | CN¥2.44 | CN¥1.71 | x |
| 2013-12-31 | CN¥2.90 | CN¥1.71 | x |
| 2014-12-31 | CN¥3.18 | CN¥1.71 | x |
| 2015-12-31 | CN¥3.94 | CN¥1.71 | x |
| 2016-12-31 | CN¥3.94 | CN¥1.71 | x |
| 2017-12-31 | CN¥4.33 | CN¥1.71 | x |
| 2018-12-31 | CN¥4.59 | CN¥1.71 | x |
| 2019-12-31 | CN¥4.34 | CN¥1.71 | x |
| 2020-12-31 | CN¥4.06 | CN¥1.71 | x |
| 2021-12-31 | CN¥0.34 | CN¥1.71 | x |
| 2022-12-31 | CN¥-1.28 | CN¥1.71 | x |
| 2023-12-31 | CN¥0.21 | CN¥1.71 | x |
| 2024-12-31 | CN¥0.14 | CN¥1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Grandland Decoration Group 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): -34.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.48%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 4.36x
- Recent ROE (-34.87%) is above the historical average (-36.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 35.03% | 5.86% | 2.19x | 2.73x | CN¥36.69 Million |
| 2008 | 27.21% | 4.39% | 2.00x | 3.11x | CN¥34.66 Million |
| 2009 | 33.50% | 5.29% | 2.49x | 2.55x | CN¥71.15 Million |
| 2010 | 8.53% | 5.11% | 1.18x | 1.42x | CN¥-36.98 Million |
| 2011 | 10.17% | 5.19% | 1.01x | 1.94x | CN¥4.63 Million |
| 2012 | 12.11% | 5.58% | 0.95x | 2.28x | CN¥65.85 Million |
| 2013 | 14.09% | 6.02% | 0.98x | 2.38x | CN¥151.80 Million |
| 2014 | 12.84% | 5.48% | 0.86x | 2.71x | CN¥118.63 Million |
| 2015 | 4.83% | 3.48% | 0.59x | 2.36x | CN¥-298.95 Million |
| 2016 | 6.60% | 3.98% | 0.64x | 2.60x | CN¥-207.77 Million |
| 2017 | 9.69% | 5.16% | 0.79x | 2.38x | CN¥-20.63 Million |
| 2018 | 5.02% | 2.42% | 0.69x | 3.02x | CN¥-346.16 Million |
| 2019 | 2.07% | 1.10% | 0.53x | 3.52x | CN¥-549.73 Million |
| 2020 | -12.56% | -6.40% | 0.52x | 3.75x | CN¥-1.41 Billion |
| 2021 | -1064.88% | -69.53% | 0.50x | 30.91x | CN¥-5.64 Billion |
| 2022 | 0.00% | -148.93% | 0.33x | 0.00x | CN¥-4.83 Billion |
| 2023 | 274.09% | 212.15% | 0.42x | 3.09x | CN¥2.05 Billion |
| 2024 | -34.87% | -26.48% | 0.30x | 4.36x | CN¥-258.16 Million |
Industry Comparison
This section compares Shenzhen Grandland Decoration Group Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,659,169,713
- Average return on equity (ROE) among peers: 4.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Grandland Decoration Group Co Ltd (002482) | CN¥479.88 Million | 35.03% | 4.34x | $938.59 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $86.44 Million | 8.33% | 1.82x | $486.19 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $659.52 Million | 6.07% | 1.00x | $3.08 Billion |
| NORINCO International Cooperation Ltd (000065) | $9.29 Billion | 9.88% | 1.56x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $3.07 Billion | 6.62% | 1.44x | $962.46 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $518.35 Million | -21.04% | 2.07x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $6.14 Billion | 1.41% | 0.76x | $878.49 Million |
| Hunan Investment Group Co Ltd (000548) | $1.55 Billion | 3.80% | 0.54x | $389.36 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $686.52 Million | 6.80% | 4.78x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $2.16 Billion | 14.25% | 0.81x | $602.65 Million |
| Hainan Expressway Co Ltd (000886) | $2.44 Billion | 4.85% | 0.21x | $800.17 Million |
About Shenzhen Grandland Decoration Group Co Ltd
Shenzhen Grandland Group Co., Ltd. engages in architectural decoration design and construction activities in China. The company offers building decoration, curtain wall, intelligence, mechanical and electrical installation, fire protection, and other engineering design and construction services. It provides services to public buildings, hotels, commercial complexes, schools, hospitals, residentia… Read more