Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) - Net Assets
Based on the latest financial reports, Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) has net assets worth CN¥840.02 Million CNY (≈ $122.92 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥932.16 Million ≈ $136.40 Million USD) and total liabilities (CN¥92.14 Million ≈ $13.48 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 002575 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥840.02 Million |
| % of Total Assets | 90.12% |
| Annual Growth Rate | 14.39% |
| 5-Year Change | 7.0% |
| 10-Year Change | -7.64% |
| Growth Volatility | 83.46 |
Guangdong Qunxing Toys Joint-Stock Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Guangdong Qunxing Toys Joint-Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Guangdong Qunxing Toys Joint-Stock Co Lt market capitalisation.
Annual Net Assets for Guangdong Qunxing Toys Joint-Stock Co Ltd (2008–2025)
The table below shows the annual net assets of Guangdong Qunxing Toys Joint-Stock Co Ltd from 2008 to 2025. Also explore Guangdong Qunxing Toys Joint-Stock Co Lt net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥838.30 Million ≈ $122.67 Million |
+0.70% |
| 2024-12-31 | CN¥832.48 Million ≈ $121.82 Million |
+1.97% |
| 2023-12-31 | CN¥816.37 Million ≈ $119.46 Million |
+2.71% |
| 2022-12-31 | CN¥794.85 Million ≈ $116.31 Million |
+1.46% |
| 2021-12-31 | CN¥783.43 Million ≈ $114.64 Million |
-6.26% |
| 2020-12-31 | CN¥835.71 Million ≈ $122.29 Million |
-3.13% |
| 2019-12-31 | CN¥862.71 Million ≈ $126.24 Million |
-4.00% |
| 2018-12-31 | CN¥898.62 Million ≈ $131.50 Million |
+0.81% |
| 2017-12-31 | CN¥891.41 Million ≈ $130.44 Million |
-1.78% |
| 2016-12-31 | CN¥907.61 Million ≈ $132.81 Million |
+1.43% |
| 2015-12-31 | CN¥894.77 Million ≈ $130.93 Million |
-0.93% |
| 2014-12-31 | CN¥903.20 Million ≈ $132.17 Million |
+0.17% |
| 2013-12-31 | CN¥901.71 Million ≈ $131.95 Million |
+2.00% |
| 2012-12-31 | CN¥884.00 Million ≈ $129.36 Million |
+3.54% |
| 2011-12-31 | CN¥853.80 Million ≈ $124.94 Million |
+354.22% |
| 2010-12-31 | CN¥187.97 Million ≈ $27.51 Million |
+44.19% |
| 2009-12-31 | CN¥130.36 Million ≈ $19.08 Million |
+52.78% |
| 2008-12-31 | CN¥85.33 Million ≈ $12.49 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Qunxing Toys Joint-Stock 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 126.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥70.41 Million | 8.37% |
| Other Components | CN¥770.98 Million | 91.63% |
| Total Equity | CN¥841.39 Million | 100.00% |
Guangdong Qunxing Toys Joint-Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Qunxing Toys Joint-Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GULF KEYSTONE PETR.
F:GVP1
|
$463.15 Million |
|
Hubei Xiangyuan New Material Technology Inc.
SHE:300980
|
$463.26 Million |
|
Korla Pear
SHG:600506
|
$463.62 Million |
|
Xinjiang Sayram Modern Agriculture Co Ltd
SHG:600540
|
$463.65 Million |
|
Ce Link Ltd
SHE:300787
|
$462.78 Million |
|
Yinchuan Xinhua Commercial Group Co Ltd
SHG:600785
|
$462.70 Million |
|
Songz Automobile Air Conditioning Co Ltd
SHE:002454
|
$462.67 Million |
|
BlackRock Core Bond Closed Fund
NYSE:BHK
|
$462.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Qunxing Toys Joint-Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 833,592,705 to 841,392,510, a change of 7,799,805 (0.9%).
- Net loss of 26,403,923 reduced equity.
- Dividend payments of 272,719 reduced retained earnings.
- Other comprehensive income increased equity by 79,205,372.
- Other factors decreased equity by 44,728,924.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-26.40 Million | -3.14% |
| Dividends Paid | CN¥272.72K | -0.03% |
| Other Comprehensive Income | CN¥79.21 Million | +9.41% |
| Other Changes | CN¥-44.73 Million | -5.32% |
| Total Change | CN¥- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Qunxing Toys Joint-Stock 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: 3.76x
- 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 21.51x to 3.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.24 | CN¥5.13 | x |
| 2009-12-31 | CN¥0.36 | CN¥5.13 | x |
| 2010-12-31 | CN¥0.43 | CN¥5.13 | x |
| 2011-12-31 | CN¥1.58 | CN¥5.13 | x |
| 2012-12-31 | CN¥1.50 | CN¥5.13 | x |
| 2013-12-31 | CN¥1.51 | CN¥5.13 | x |
| 2014-12-31 | CN¥1.54 | CN¥5.13 | x |
| 2015-12-31 | CN¥1.52 | CN¥5.13 | x |
| 2016-12-31 | CN¥1.54 | CN¥5.13 | x |
| 2017-12-31 | CN¥1.67 | CN¥5.13 | x |
| 2018-12-31 | CN¥1.30 | CN¥5.13 | x |
| 2019-12-31 | CN¥1.39 | CN¥5.13 | x |
| 2020-12-31 | CN¥1.32 | CN¥5.13 | x |
| 2021-12-31 | CN¥1.19 | CN¥5.13 | x |
| 2022-12-31 | CN¥1.41 | CN¥5.13 | x |
| 2023-12-31 | CN¥0.89 | CN¥5.13 | x |
| 2024-12-31 | CN¥1.36 | CN¥5.13 | x |
| 2025-12-31 | CN¥1.36 | CN¥5.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Qunxing Toys Joint-Stock 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): -3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.61%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.11x
- Recent ROE (-3.14%) is below the historical average (5.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 26.66% | 7.42% | 1.79x | 2.01x | CN¥14.21 Million |
| 2009 | 29.94% | 10.87% | 1.42x | 1.93x | CN¥26.00 Million |
| 2010 | 30.65% | 12.37% | 1.51x | 1.64x | CN¥38.81 Million |
| 2011 | 6.13% | 10.63% | 0.56x | 1.02x | CN¥-33.01 Million |
| 2012 | 4.93% | 8.63% | 0.51x | 1.13x | CN¥-44.82 Million |
| 2013 | 2.71% | 4.89% | 0.54x | 1.04x | CN¥-65.70 Million |
| 2014 | 1.65% | 3.68% | 0.41x | 1.09x | CN¥-75.45 Million |
| 2015 | 2.03% | 5.69% | 0.33x | 1.07x | CN¥-71.29 Million |
| 2016 | 1.41% | 5.09% | 0.27x | 1.02x | CN¥-78.00 Million |
| 2017 | -2.40% | -39.70% | 0.06x | 1.01x | CN¥-110.55 Million |
| 2018 | 0.77% | 36.34% | 0.02x | 1.01x | CN¥-82.94 Million |
| 2019 | -7.89% | -273.22% | 0.02x | 1.23x | CN¥-149.03 Million |
| 2020 | 3.04% | 26.87% | 0.09x | 1.29x | CN¥-56.00 Million |
| 2021 | 2.51% | 38.42% | 0.06x | 1.07x | CN¥-58.66 Million |
| 2022 | 1.42% | 13.30% | 0.10x | 1.04x | CN¥-68.08 Million |
| 2023 | 1.13% | 14.73% | 0.07x | 1.11x | CN¥-72.32 Million |
| 2024 | -2.21% | -4.98% | 0.40x | 1.12x | CN¥-101.75 Million |
| 2025 | -3.14% | -5.61% | 0.50x | 1.11x | CN¥-110.54 Million |
Industry Comparison
This section compares Guangdong Qunxing Toys Joint-Stock Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $1,481,248,015
- Average return on equity (ROE) among peers: 11.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | CN¥840.02 Million | 26.66% | 0.11x | $462.79 Million |
| China Bicycle Co Holdings Ltd (000017) | $203.26 Million | 37.78% | 3.62x | $479.93 Million |
| HL Corp Shenzhen (002105) | $572.17 Million | 7.55% | 1.08x | $321.02 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.39 Billion | 3.98% | 0.25x | $1.46 Billion |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $149.33 Million | 26.32% | 1.33x | $1.02 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $5.09 Billion | 9.01% | 0.82x | $508.39 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.68 Billion | 5.06% | 0.37x | $872.58 Million |
| Shifeng Cultural Development Co Ltd (002862) | $526.78 Million | -7.78% | 0.28x | $379.08 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $1.70 Billion | 6.41% | 0.74x | $421.30 Million |
| China Bicycle Co Holdings Ltd (200017) | $25.64 Million | 14.76% | 2.58x | $56.70 Million |
About Guangdong Qunxing Toys Joint-Stock Co Ltd
Guang Dong Qun Xing Toys Joint-Stockco.,Ltd. engages in the sales of alcohol in China. It also engages in intelligent computing services, alcohol sales, and property leasing and management services. The company was founded in 1996 and is based in Suzhou, China.