Guosheng Financial Holding Inc

SHE:002670 China Financial Conglomerates
Market Cap
$4.04 Billion
CN¥29.65 Billion CNY
Market Cap Rank
#6774 Global
#1084 in China
Share Price
CN¥15.32
Change (1 day)
-0.58%
52-Week Range
CN¥11.61 - CN¥24.34
All Time High
CN¥24.34
Categories
Companies in China Financial Conglomerates Banking & Financial
About

Guosheng Securities Inc, together with its subsidiaries, engages in the securities, investment, and other businesses in China. The company offers securities brokerage and futures brokerage services to individual and institutional clients; professional research and consulting services through various forms, such as reports, roadshows, strategy meetings, surveys, and conference calls; stock underwr… Read more

Guosheng Financial Holding Inc (002670) - Net Assets

Latest net assets as of September 2025: CN¥11.31 Billion CNY

Based on the latest financial reports, Guosheng Financial Holding Inc (002670) has net assets worth CN¥11.31 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥48.79 Billion) and total liabilities (CN¥37.48 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥11.31 Billion
% of Total Assets 23.17%
Annual Growth Rate 25.48%
5-Year Change -1.51%
10-Year Change 1329.3%
Growth Volatility 334.42

Guosheng Financial Holding Inc - Net Assets Trend (2008–2024)

This chart illustrates how Guosheng Financial Holding Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guosheng Financial Holding Inc (2008–2024)

The table below shows the annual net assets of Guosheng Financial Holding Inc from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥11.13 Billion +1.79%
2023-12-31 CN¥10.93 Billion -0.19%
2022-12-31 CN¥10.95 Billion -3.70%
2021-12-31 CN¥11.37 Billion +0.67%
2020-12-31 CN¥11.30 Billion -3.67%
2019-12-31 CN¥11.73 Billion +0.59%
2018-12-31 CN¥11.66 Billion -5.27%
2017-12-31 CN¥12.31 Billion +6.35%
2016-12-31 CN¥11.57 Billion +1386.62%
2015-12-31 CN¥778.47 Million -5.80%
2014-12-31 CN¥826.42 Million +4.21%
2013-12-31 CN¥793.07 Million +5.40%
2012-12-31 CN¥752.44 Million +91.84%
2011-12-31 CN¥392.22 Million +17.00%
2010-12-31 CN¥335.23 Million +15.17%
2009-12-31 CN¥291.08 Million -1.13%
2008-12-31 CN¥294.42 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guosheng Financial Holding 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 decreased by 511.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.94 Billion 17.39%
Other Components CN¥9.56 Billion 85.93%
Total Equity CN¥11.12 Billion 100.00%

Guosheng Financial Holding Inc Competitors by Market Cap

The table below lists competitors of Guosheng Financial Holding Inc ranked by their market capitalization.

Company Market Cap
OBIC Business Consultants Co., Ltd.
PINK:OBIBF
 		$1.15 Billion
Dottikon Es Holding AG
SW:DESN
 		$1.15 Billion
Union Semiconductor (Hefei) Co. Ltd. A
SHG:688403
 		$1.15 Billion
Enea S.A.
WAR:ENA
 		$1.15 Billion
Procter & Gamble Hygiene and Health Care Limited
NSE:PGHH
 		$1.15 Billion
Novocure Ltd
NASDAQ:NVCR
 		$1.15 Billion
Storskogen Group AB Series B
ST:STOR-B
 		$1.15 Billion
Corbion N.V
PINK:CSNVF
 		$1.14 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guosheng Financial Holding Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,929,151,804 to 11,124,478,401, a change of 195,326,597 (1.8%).
  • Net income of 167,413,149 contributed positively to equity growth.
  • Dividend payments of 173,314,487 reduced retained earnings.
  • Other factors increased equity by 201,227,935.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥167.41 Million +1.5%
Dividends Paid CN¥173.31 Million -1.56%
Other Changes CN¥201.23 Million +1.81%
Total Change CN¥- 1.79%

Book Value vs Market Value Analysis

This analysis compares Guosheng Financial Holding 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: 2.66x
  • 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 16.78x to 2.66x 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¥0.91 CN¥15.32 x
2009-12-31 CN¥0.94 CN¥15.32 x
2010-12-31 CN¥1.08 CN¥15.32 x
2011-12-31 CN¥1.26 CN¥15.32 x
2012-12-31 CN¥1.97 CN¥15.32 x
2013-12-31 CN¥1.90 CN¥15.32 x
2014-12-31 CN¥1.99 CN¥15.32 x
2015-12-31 CN¥1.86 CN¥15.32 x
2016-12-31 CN¥8.83 CN¥15.32 x
2017-12-31 CN¥8.21 CN¥15.32 x
2018-12-31 CN¥6.01 CN¥15.32 x
2019-12-31 CN¥6.06 CN¥15.32 x
2020-12-31 CN¥5.84 CN¥15.32 x
2021-12-31 CN¥5.88 CN¥15.32 x
2022-12-31 CN¥5.66 CN¥15.32 x
2023-12-31 CN¥5.65 CN¥15.32 x
2024-12-31 CN¥5.75 CN¥15.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guosheng Financial Holding 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): 1.50%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.34%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 4.10x
  • Recent ROE (1.50%) is below the historical average (6.71%), 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 15.24% 4.60% 1.93x 1.72x CN¥14.87 Million
2009 22.77% 8.47% 1.12x 2.41x CN¥37.17 Million
2010 21.80% 5.53% 1.62x 2.43x CN¥39.57 Million
2011 18.35% 4.64% 1.48x 2.67x CN¥32.76 Million
2012 8.71% 5.14% 1.16x 1.46x CN¥-9.69 Million
2013 11.43% 6.09% 1.09x 1.72x CN¥11.32 Million
2014 11.30% 6.24% 1.10x 1.64x CN¥10.72 Million
2015 3.39% 2.49% 1.00x 1.35x CN¥-51.10 Million
2016 4.31% 30.34% 0.06x 2.24x CN¥-658.26 Million
2017 5.07% 33.31% 0.07x 2.23x CN¥-606.41 Million
2018 -3.68% -35.41% 0.04x 2.83x CN¥-1.59 Billion
2019 0.66% 4.63% 0.05x 2.89x CN¥-1.10 Billion
2020 -3.24% -16.59% 0.07x 2.79x CN¥-1.50 Billion
2021 0.68% 3.27% 0.07x 2.76x CN¥-1.06 Billion
2022 -3.99% -23.08% 0.06x 2.81x CN¥-1.53 Billion
2023 -0.27% -1.60% 0.06x 2.97x CN¥-1.12 Billion
2024 1.50% 8.34% 0.04x 4.10x CN¥-945.03 Million

Industry Comparison

This section compares Guosheng Financial Holding Inc's net assets metrics with peer companies in the Financial Conglomerates industry.

Industry Context

  • Industry: Financial Conglomerates
  • Average net assets among peers: $7,197,200,281
  • Average return on equity (ROE) among peers: -0.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guosheng Financial Holding Inc (002670) CN¥11.31 Billion 15.24% 3.32x $1.15 Billion
CNPC Capital Co Ltd (000617) $203.66 Million 0.44% 0.90x $3.18 Billion
Guangzhou Friendship Group Co Ltd (000987) $19.13 Billion 2.35% 4.02x $1.42 Billion
Rendong Holdings Co Ltd (002647) $396.56 Million -13.21% 8.47x $1.40 Billion
First Capital Securities Co Ltd Class A (002797) $8.89 Billion 1.40% 2.74x $3.28 Billion
Shanghai Chinafortune Co Ltd (600621) $7.36 Billion 6.72% 3.65x $969.43 Million