Guosheng Financial Holding Inc (002670) - Net Assets

Latest as of March 2026: CN¥11.34 Billion CNY ≈ $1.66 Billion USD

Based on the latest financial reports, Guosheng Financial Holding Inc (002670) has net assets worth CN¥11.34 Billion CNY (≈ $1.66 Billion 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¥48.68 Billion ≈ $7.12 Billion USD) and total liabilities (CN¥37.34 Billion ≈ $5.46 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 002670 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥11.34 Billion
% of Total Assets	23.29%
Annual Growth Rate	23.95%
5-Year Change	-0.38%
10-Year Change	-2.1%
Growth Volatility	325.16

Guosheng Financial Holding Inc - Net Assets Trend (2008–2025)

This chart illustrates how Guosheng Financial Holding Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Guosheng Financial Holding Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Guosheng Financial Holding Inc (2008–2025)

The table below shows the annual net assets of Guosheng Financial Holding Inc from 2008 to 2025. For live valuation and market cap data, see Guosheng Financial Holding Inc market cap and net worth.

Year	Net Assets	Change
2025-12-31	CN¥11.33 Billion ≈ $1.66 Billion	+1.83%
2024-12-31	CN¥11.13 Billion ≈ $1.63 Billion	+1.79%
2023-12-31	CN¥10.93 Billion ≈ $1.60 Billion	-0.19%
2022-12-31	CN¥10.95 Billion ≈ $1.60 Billion	-3.70%
2021-12-31	CN¥11.37 Billion ≈ $1.66 Billion	+0.67%
2020-12-31	CN¥11.30 Billion ≈ $1.65 Billion	-3.67%
2019-12-31	CN¥11.73 Billion ≈ $1.72 Billion	+0.59%
2018-12-31	CN¥11.66 Billion ≈ $1.71 Billion	-5.27%
2017-12-31	CN¥12.31 Billion ≈ $1.80 Billion	+6.35%
2016-12-31	CN¥11.57 Billion ≈ $1.69 Billion	+1386.62%
2015-12-31	CN¥778.47 Million ≈ $113.91 Million	-5.80%
2014-12-31	CN¥826.42 Million ≈ $120.93 Million	+4.21%
2013-12-31	CN¥793.07 Million ≈ $116.05 Million	+5.40%
2012-12-31	CN¥752.44 Million ≈ $110.11 Million	+91.84%
2011-12-31	CN¥392.22 Million ≈ $57.39 Million	+17.00%
2010-12-31	CN¥335.23 Million ≈ $49.06 Million	+15.17%
2009-12-31	CN¥291.08 Million ≈ $42.59 Million	-1.13%
2008-12-31	CN¥294.42 Million ≈ $43.08 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 327.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥11.53 Billion	101.81%
Total Equity	CN¥11.33 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
Ningbo Huaxiang Electronic Co Ltd SHE:002048	$3.22 Billion
Avicopter PLC SHG:600038	$3.22 Billion
Sprott Inc. TO:SII	$3.22 Billion
Triumph Science & Technology Co Ltd SHG:600552	$3.22 Billion
NCR Atleos Corporation NASDAQ:NATL	$3.22 Billion
First Financial Bancorp NASDAQ:FFBC	$3.22 Billion
Hiab B HE:HIAB	$3.22 Billion
Giantec Semiconductor Corp SHG:688123	$3.22 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 2024 to 2025, total equity changed from 11,124,478,401 to 11,327,915,189, a change of 203,436,788 (1.8%).
Net income of 272,958,862 contributed positively to equity growth.
Dividend payments of 193,039,576 reduced retained earnings.
Other factors increased equity by 123,517,502.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥272.96 Million	+2.41%
Dividends Paid	CN¥193.04 Million	-1.7%
Other Changes	CN¥123.52 Million	+1.09%
Total Change	CN¥-	1.83%

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: 1.94x
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 12.46x to 1.94x 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¥11.38	x
2009-12-31	CN¥0.94	CN¥11.38	x
2010-12-31	CN¥1.08	CN¥11.38	x
2011-12-31	CN¥1.26	CN¥11.38	x
2012-12-31	CN¥1.97	CN¥11.38	x
2013-12-31	CN¥1.90	CN¥11.38	x
2014-12-31	CN¥1.99	CN¥11.38	x
2015-12-31	CN¥1.86	CN¥11.38	x
2016-12-31	CN¥8.83	CN¥11.38	x
2017-12-31	CN¥8.21	CN¥11.38	x
2018-12-31	CN¥6.01	CN¥11.38	x
2019-12-31	CN¥6.06	CN¥11.38	x
2020-12-31	CN¥5.84	CN¥11.38	x
2021-12-31	CN¥5.88	CN¥11.38	x
2022-12-31	CN¥5.66	CN¥11.38	x
2023-12-31	CN¥5.65	CN¥11.38	x
2024-12-31	CN¥5.75	CN¥11.38	x
2025-12-31	CN¥5.85	CN¥11.38	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): 2.41%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.51%
• Asset Turnover: 0.04x
• Equity Multiplier: 4.15x
Recent ROE (2.41%) is below the historical average (6.47%), 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%	3.96%	0.06x	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
2025	2.41%	15.51%	0.04x	4.15x	CN¥-859.83 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: $17,786,575,486
Average return on equity (ROE) among peers: -11.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guosheng Financial Holding Inc (002670)	CN¥11.34 Billion	15.24%	3.29x	$3.22 Billion
CNPC Capital Co Ltd (000617)	$835.83 Million	6.31%	1.65x	$13.26 Billion
Guangzhou Friendship Group Co Ltd (000987)	$41.55 Billion	5.79%	3.51x	$5.49 Billion
Rendong Holdings Co Ltd (002647)	$115.11 Million	-187.07%	37.47x	$1.86 Billion
Guosen Securities Co Ltd (002736)	$11.46 Billion	61.92%	4.73x	$15.29 Billion
First Capital Securities Co Ltd Class A (002797)	$8.89 Billion	1.40%	2.74x	$3.88 Billion
Minmetals Capital Co Ltd (600390)	$61.77 Billion	0.82%	1.60x	$3.04 Billion
Shanghai Chinafortune Co Ltd (600621)	$110.02 Million	7.11%	1.01x	$1.98 Billion
China Galaxy Securities Co Ltd Class A (601881)	$17.56 Billion	8.09%	2.66x	$12.81 Billion

About Guosheng Financial Holding Inc

SHE:002670 China Financial Conglomerates

Market Cap

$3.22 Billion

CN¥22.02 Billion CNY

Market Cap Rank

#4818 Global

#873 in China

Share Price

CN¥11.38

Change (1 day)

-4.45%

52-Week Range

CN¥10.96 - CN¥24.34

All Time High

CN¥24.34