Guangdong Chant Group Inc (002616) - Net Assets
Based on the latest financial reports, Guangdong Chant Group Inc (002616) has net assets worth CN¥2.96 Billion CNY (≈ $433.16 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¥10.47 Billion ≈ $1.53 Billion USD) and total liabilities (CN¥7.51 Billion ≈ $1.10 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 how strategically is Guangdong Chant Group Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.96 Billion |
| % of Total Assets | 28.28% |
| Annual Growth Rate | 14.04% |
| 5-Year Change | 2.18% |
| 10-Year Change | 73.51% |
| Growth Volatility | 39.65 |
Guangdong Chant Group Inc - Net Assets Trend (2008–2024)
This chart illustrates how Guangdong Chant Group Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002616 market cap.
Annual Net Assets for Guangdong Chant Group Inc (2008–2024)
The table below shows the annual net assets of Guangdong Chant Group Inc from 2008 to 2024. Also explore 002616 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.81 Billion ≈ $411.63 Million |
+5.56% |
| 2023-12-31 | CN¥2.66 Billion ≈ $389.95 Million |
+6.17% |
| 2022-12-31 | CN¥2.51 Billion ≈ $367.29 Million |
+2.41% |
| 2021-12-31 | CN¥2.45 Billion ≈ $358.66 Million |
-10.97% |
| 2020-12-31 | CN¥2.75 Billion ≈ $402.84 Million |
+13.40% |
| 2019-12-31 | CN¥2.43 Billion ≈ $355.23 Million |
+14.78% |
| 2018-12-31 | CN¥2.11 Billion ≈ $309.49 Million |
+0.73% |
| 2017-12-31 | CN¥2.10 Billion ≈ $307.26 Million |
+6.10% |
| 2016-12-31 | CN¥1.98 Billion ≈ $289.60 Million |
+22.07% |
| 2015-12-31 | CN¥1.62 Billion ≈ $237.24 Million |
-2.46% |
| 2014-12-31 | CN¥1.66 Billion ≈ $243.24 Million |
+55.33% |
| 2013-12-31 | CN¥1.07 Billion ≈ $156.60 Million |
-1.02% |
| 2012-12-31 | CN¥1.08 Billion ≈ $158.21 Million |
-4.49% |
| 2011-12-31 | CN¥1.13 Billion ≈ $165.65 Million |
+160.77% |
| 2010-12-31 | CN¥434.11 Million ≈ $63.52 Million |
+22.02% |
| 2009-12-31 | CN¥355.77 Million ≈ $52.06 Million |
+3.53% |
| 2008-12-31 | CN¥343.66 Million ≈ $50.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Chant Group Inc'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 1071.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥908.95 Million | 32.41% |
| Common Stock | CN¥741.97 Million | 26.45% |
| Other Comprehensive Income | CN¥274.76 Million | 9.80% |
| Other Components | CN¥879.16 Million | 31.34% |
| Total Equity | CN¥2.80 Billion | 100.00% |
Guangdong Chant Group Inc Competitors by Market Cap
The table below lists competitors of Guangdong Chant Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$611.12 Million |
|
ECOVE Environment Corp
TWO:6803
|
$611.15 Million |
|
Betterware de México, S.A.P.I. de C.V.
NYSE:BWMX
|
$611.17 Million |
|
Far East Holdings Bhd
KLSE:5029
|
$611.28 Million |
|
Shanghai Kangda New Materials Co Ltd
SHE:002669
|
$610.90 Million |
|
Xinjiang Sailing Information Technology Co Ltd
SHE:300588
|
$610.80 Million |
|
Shenzhen Refond Optoelectronics Co Ltd
SHE:300241
|
$610.72 Million |
|
Surya Esa Perkasa Tbk
JK:ESSA
|
$610.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Chant Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,656,853,000 to 2,804,836,000, a change of 147,983,000 (5.6%).
- Net income of 216,679,000 contributed positively to equity growth.
- Dividend payments of 360,366,000 reduced retained earnings.
- Other comprehensive income decreased equity by 8,353,800.
- Other factors increased equity by 300,023,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥216.68 Million | +7.73% |
| Dividends Paid | CN¥360.37 Million | -12.85% |
| Other Comprehensive Income | CN¥-8.35 Million | -0.3% |
| Other Changes | CN¥300.02 Million | +10.7% |
| Total Change | CN¥- | 5.57% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Chant Group Inc'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: 1.29x
- 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 10.37x to 1.29x 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¥0.47 | CN¥4.86 | x |
| 2009-12-31 | CN¥0.63 | CN¥4.86 | x |
| 2010-12-31 | CN¥0.78 | CN¥4.86 | x |
| 2011-12-31 | CN¥2.16 | CN¥4.86 | x |
| 2012-12-31 | CN¥1.82 | CN¥4.86 | x |
| 2013-12-31 | CN¥1.80 | CN¥4.86 | x |
| 2014-12-31 | CN¥2.80 | CN¥4.86 | x |
| 2015-12-31 | CN¥2.21 | CN¥4.86 | x |
| 2016-12-31 | CN¥2.72 | CN¥4.86 | x |
| 2017-12-31 | CN¥2.85 | CN¥4.86 | x |
| 2018-12-31 | CN¥2.85 | CN¥4.86 | x |
| 2019-12-31 | CN¥3.25 | CN¥4.86 | x |
| 2020-12-31 | CN¥3.69 | CN¥4.86 | x |
| 2021-12-31 | CN¥3.30 | CN¥4.86 | x |
| 2022-12-31 | CN¥3.37 | CN¥4.86 | x |
| 2023-12-31 | CN¥3.58 | CN¥4.86 | x |
| 2024-12-31 | CN¥3.78 | CN¥4.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Chant Group Inc 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): 7.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.72%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.75x
- Recent ROE (7.73%) is below the historical average (8.84%), 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 | 22.52% | 5.55% | 0.89x | 4.56x | CN¥26.05 Million |
| 2009 | 26.31% | 8.53% | 0.95x | 3.25x | CN¥45.43 Million |
| 2010 | 19.55% | 7.19% | 0.84x | 3.25x | CN¥33.05 Million |
| 2011 | 7.70% | 6.74% | 0.70x | 1.64x | CN¥-23.92 Million |
| 2012 | 5.56% | 5.74% | 0.57x | 1.71x | CN¥-47.86 Million |
| 2013 | 3.73% | 3.56% | 0.57x | 1.85x | CN¥-66.93 Million |
| 2014 | 3.78% | 4.53% | 0.49x | 1.72x | CN¥-103.43 Million |
| 2015 | 6.86% | 6.85% | 0.55x | 1.82x | CN¥-50.14 Million |
| 2016 | 8.24% | 8.56% | 0.59x | 1.65x | CN¥-34.78 Million |
| 2017 | 4.17% | 4.63% | 0.46x | 1.96x | CN¥-122.40 Million |
| 2018 | 7.89% | 8.31% | 0.40x | 2.37x | CN¥-44.69 Million |
| 2019 | 12.26% | 11.82% | 0.36x | 2.88x | CN¥54.35 Million |
| 2020 | 12.75% | 11.59% | 0.32x | 3.39x | CN¥75.56 Million |
| 2021 | -7.87% | -7.26% | 0.27x | 3.95x | CN¥-436.90 Million |
| 2022 | 3.06% | 2.23% | 0.35x | 3.93x | CN¥-173.59 Million |
| 2023 | 5.99% | 4.01% | 0.39x | 3.86x | CN¥-106.66 Million |
| 2024 | 7.73% | 5.72% | 0.36x | 3.75x | CN¥-63.80 Million |
Industry Comparison
This section compares Guangdong Chant Group Inc's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $4,788,538,429
- Average return on equity (ROE) among peers: 2.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Chant Group Inc (002616) | CN¥2.96 Billion | 22.52% | 2.54x | $611.05 Million |
| Konka Group Co Ltd (000016) | $3.08 Billion | -40.87% | 3.63x | $574.73 Million |
| Tianma Microelectronics Co Ltd (000050) | $29.17 Billion | -2.29% | 1.78x | $2.36 Billion |
| Guangdong Goworld Co Ltd (000823) | $3.50 Billion | 5.48% | 0.46x | $2.04 Billion |
| Soyea Technology Co Ltd (000909) | $887.22 Million | 3.18% | 3.95x | $356.13 Million |
| Guoguang Electric Co Ltd (002045) | $185.28 Million | 26.33% | 1.12x | $744.90 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $2.69 Billion | -8.20% | 0.57x | $4.83 Billion |
| Goertek Inc (002241) | $936.88 Million | 10.66% | 0.93x | $12.13 Billion |
| Edifier Technology Co Ltd (002351) | $2.07 Billion | 13.34% | 0.26x | $1.30 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $578.66 Million | 11.38% | 2.62x | $362.31 Million |
About Guangdong Chant Group Inc
Guangdong Chant Group Inc. operates in the environmental thermal energy business primarily in China. It engages in the biomass cogeneration, industrial park coal-fired central heating, heat production, and household waste power generation activities. The company was founded in 1985 and is headquartered in Zhongshan, China.