Giant Network Group Co Ltd (002558) - Net Assets
Based on the latest financial reports, Giant Network Group Co Ltd (002558) has net assets worth CN¥15.21 Billion CNY (≈ $2.23 Billion 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¥18.19 Billion ≈ $2.66 Billion USD) and total liabilities (CN¥2.98 Billion ≈ $436.63 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 002558 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.21 Billion |
| % of Total Assets | 83.6% |
| Annual Growth Rate | 33.01% |
| 5-Year Change | 35.04% |
| 10-Year Change | 2118.21% |
| Growth Volatility | 288.23 |
Giant Network Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Giant Network Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Giant Network Group Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Giant Network Group Co Ltd (2007–2024)
The table below shows the annual net assets of Giant Network Group Co Ltd from 2007 to 2024. For live valuation and market cap data, see Giant Network Group Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.86 Billion ≈ $1.88 Billion |
+9.62% |
| 2023-12-31 | CN¥11.73 Billion ≈ $1.72 Billion |
-1.43% |
| 2022-12-31 | CN¥11.90 Billion ≈ $1.74 Billion |
+12.33% |
| 2021-12-31 | CN¥10.60 Billion ≈ $1.55 Billion |
+11.24% |
| 2020-12-31 | CN¥9.52 Billion ≈ $1.39 Billion |
+18.10% |
| 2019-12-31 | CN¥8.06 Billion ≈ $1.18 Billion |
-11.22% |
| 2018-12-31 | CN¥9.08 Billion ≈ $1.33 Billion |
-0.30% |
| 2017-12-31 | CN¥9.11 Billion ≈ $1.33 Billion |
+19.66% |
| 2016-12-31 | CN¥7.61 Billion ≈ $1.11 Billion |
+1213.34% |
| 2015-12-31 | CN¥579.79 Million ≈ $84.84 Million |
-4.73% |
| 2014-12-31 | CN¥608.60 Million ≈ $89.06 Million |
+0.49% |
| 2013-12-31 | CN¥605.64 Million ≈ $88.62 Million |
-0.13% |
| 2012-12-31 | CN¥606.42 Million ≈ $88.74 Million |
+2.78% |
| 2011-12-31 | CN¥590.03 Million ≈ $86.34 Million |
+301.78% |
| 2010-12-31 | CN¥146.85 Million ≈ $21.49 Million |
+4.58% |
| 2009-12-31 | CN¥140.42 Million ≈ $20.55 Million |
+19.69% |
| 2008-12-31 | CN¥117.32 Million ≈ $17.17 Million |
+16.59% |
| 2007-12-31 | CN¥100.63 Million ≈ $14.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Giant Network 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 grown by 25124.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.94 Billion | 54.10% |
| Common Stock | CN¥1.49 Billion | 11.61% |
| Other Comprehensive Income | CN¥3.34 Billion | 26.06% |
| Other Components | CN¥1.06 Billion | 8.24% |
| Total Equity | CN¥12.82 Billion | 100.00% |
Giant Network Group Co Ltd Competitors by Market Cap
The table below lists competitors of Giant Network Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WISETECH GLOBAL USP.ADRS
F:17W0
|
$9.42 Billion |
|
Boston Properties Inc
NYSE:BXP
|
$9.42 Billion |
|
SKANSKA AB (SPONS.ADR)/1
F:SKN
|
$9.43 Billion |
|
SEI Investments Company
NASDAQ:SEIC
|
$9.44 Billion |
|
Globalstar, Inc. Common Stock
NASDAQ:GSAT
|
$9.40 Billion |
|
ISUZU MOTORS LTD ADR
F:ISUA
|
$9.40 Billion |
|
Torrent Power Limited
NSE:TORNTPOWER
|
$9.40 Billion |
|
Universal Health Services Inc
NYSE:UHS
|
$9.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Giant Network Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,688,701,654 to 12,822,947,321, a change of 1,134,245,667 (9.7%).
- Net income of 1,424,901,719 contributed positively to equity growth.
- Dividend payments of 417,849,113 reduced retained earnings.
- Share repurchases of 100,032,861 reduced equity.
- Other comprehensive income increased equity by 3,162,911,500.
- Other factors decreased equity by 2,935,685,578.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.42 Billion | +11.11% |
| Dividends Paid | CN¥417.85 Million | -3.26% |
| Share Repurchases | CN¥100.03 Million | -0.78% |
| Other Comprehensive Income | CN¥3.16 Billion | +24.67% |
| Other Changes | CN¥-2.94 Billion | -22.89% |
| Total Change | CN¥- | 9.70% |
Book Value vs Market Value Analysis
This analysis compares Giant Network 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: 4.74x
- 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 57.98x to 4.74x 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¥0.57 | CN¥33.25 | x |
| 2008-12-31 | CN¥0.67 | CN¥33.25 | x |
| 2009-12-31 | CN¥0.80 | CN¥33.25 | x |
| 2010-12-31 | CN¥0.83 | CN¥33.25 | x |
| 2011-12-31 | CN¥2.68 | CN¥33.25 | x |
| 2012-12-31 | CN¥2.59 | CN¥33.25 | x |
| 2013-12-31 | CN¥2.71 | CN¥33.25 | x |
| 2014-12-31 | CN¥2.56 | CN¥33.25 | x |
| 2015-12-31 | CN¥0.57 | CN¥33.25 | x |
| 2016-12-31 | CN¥4.03 | CN¥33.25 | x |
| 2017-12-31 | CN¥4.23 | CN¥33.25 | x |
| 2018-12-31 | CN¥4.45 | CN¥33.25 | x |
| 2019-12-31 | CN¥4.00 | CN¥33.25 | x |
| 2020-12-31 | CN¥4.95 | CN¥33.25 | x |
| 2021-12-31 | CN¥5.61 | CN¥33.25 | x |
| 2022-12-31 | CN¥6.15 | CN¥33.25 | x |
| 2023-12-31 | CN¥6.35 | CN¥33.25 | x |
| 2024-12-31 | CN¥7.02 | CN¥33.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Giant Network 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): 11.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.75%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.15x
- Recent ROE (11.11%) is below the historical average (24.06%), 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 | 25.98% | 16.62% | 0.88x | 1.77x | CN¥16.08 Million |
| 2008 | 18.02% | 14.65% | 0.73x | 1.69x | CN¥9.41 Million |
| 2009 | 16.45% | 12.58% | 0.83x | 1.57x | CN¥9.05 Million |
| 2010 | 25.59% | 14.84% | 0.97x | 1.79x | CN¥22.90 Million |
| 2011 | 7.36% | 13.49% | 0.53x | 1.03x | CN¥-15.56 Million |
| 2012 | 6.63% | 11.19% | 0.58x | 1.03x | CN¥-20.45 Million |
| 2013 | 0.83% | 0.20% | 3.52x | 1.17x | CN¥-55.52 Million |
| 2014 | 190.84% | 49.65% | 3.56x | 1.08x | CN¥1.10 Billion |
| 2015 | 42.08% | 12.35% | 3.21x | 1.06x | CN¥185.99 Million |
| 2016 | 14.14% | 46.00% | 0.27x | 1.15x | CN¥313.08 Million |
| 2017 | 15.13% | 44.39% | 0.23x | 1.51x | CN¥437.71 Million |
| 2018 | 11.92% | 28.53% | 0.35x | 1.18x | CN¥173.67 Million |
| 2019 | 10.24% | 31.89% | 0.26x | 1.24x | CN¥19.03 Million |
| 2020 | 10.87% | 46.41% | 0.20x | 1.14x | CN¥82.22 Million |
| 2021 | 9.43% | 46.82% | 0.18x | 1.13x | CN¥-60.21 Million |
| 2022 | 7.18% | 41.76% | 0.15x | 1.11x | CN¥-334.74 Million |
| 2023 | 9.29% | 37.15% | 0.22x | 1.14x | CN¥-82.43 Million |
| 2024 | 11.11% | 48.75% | 0.20x | 1.15x | CN¥142.61 Million |
Industry Comparison
This section compares Giant Network Group Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $1,927,914,990
- Average return on equity (ROE) among peers: 10.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Giant Network Group Co Ltd (002558) | CN¥15.21 Billion | 25.98% | 0.20x | $9.41 Billion |
| YOUZU Interactive Co Ltd (002174) | $225.02 Million | 4.38% | 0.54x | $1.54 Billion |
| Dalian Zeus Entertainment (002354) | $113.21 Million | 25.34% | 1.11x | $1.54 Billion |
| Kaiser China Holding Co Ltd (002425) | $278.18 Million | 20.99% | 0.21x | $510.96 Million |
| Kingnet Network Co Ltd (002517) | $5.07 Billion | 31.75% | 0.20x | $5.91 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $72.64 Million | 35.37% | 1.75x | $7.24 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $4.40 Billion | 11.44% | 0.25x | $17.35 Billion |
| Shenzhen Zqgame (300052) | $387.42 Million | -13.61% | 1.15x | $584.35 Million |
| Hangzhou Shunwang Tech (300113) | $1.94 Billion | -20.94% | 0.18x | $2.83 Billion |
| Ourpalm (300315) | $4.86 Billion | 2.28% | 0.09x | $2.05 Billion |
About Giant Network Group Co Ltd
Giant Network Group Co., Ltd. research, develops, operates, and sells online games in China and internationally. It offers client and mobile games; and mobile Internet products. The company was founded in 2004 and is based in Shanghai, China.