Goody Science & Technology Co Ltd Net Assets
Goody Science & Technology Co Ltd net assets. Based on the latest financial reports, Goody Science & Technology Co Ltd (002694) has net assets worth CN¥110.00 Million CNY (≈ $16.10 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¥1.23 Billion ≈ $179.88 Million USD) and total liabilities (CN¥1.12 Billion ≈ $163.79 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. Also explore Goody Science & Technology Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥110.00 Million |
| % of Total Assets | 8.95% |
| Annual Growth Rate | 3.57% |
| 5-Year Change | -47.08% |
| 10-Year Change | -57.62% |
| Growth Volatility | 390.23 |
Net Assets of Goody Science & Technology Co Ltd (2009–2024)
Net assets of Goody Science & Technology Co Ltd from 2009 to 2024. This chart illustrates how Goody Science & Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002694 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Goody Science & Technology Co Ltd (2009–2024)
The table below shows the annual net assets of Goody Science & Technology Co Ltd from 2009 to 2024. For live market cap and overall valuation, see 002694 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥413.04 Million ≈ $60.44 Million |
-28.91% |
| 2023-12-31 | CN¥580.98 Million ≈ $85.02 Million |
+1552.98% |
| 2022-12-31 | CN¥35.15 Million ≈ $5.14 Million |
-80.97% |
| 2021-12-31 | CN¥184.72 Million ≈ $27.03 Million |
-76.33% |
| 2020-12-31 | CN¥780.54 Million ≈ $114.22 Million |
-27.62% |
| 2019-12-31 | CN¥1.08 Billion ≈ $157.79 Million |
-1.11% |
| 2018-12-31 | CN¥1.09 Billion ≈ $159.56 Million |
-11.94% |
| 2017-12-31 | CN¥1.24 Billion ≈ $181.20 Million |
+18.43% |
| 2016-12-31 | CN¥1.05 Billion ≈ $153.01 Million |
+7.28% |
| 2015-12-31 | CN¥974.65 Million ≈ $142.62 Million |
-9.11% |
| 2014-12-31 | CN¥1.07 Billion ≈ $156.92 Million |
+1.35% |
| 2013-12-31 | CN¥1.06 Billion ≈ $154.84 Million |
+0.69% |
| 2012-12-31 | CN¥1.05 Billion ≈ $153.77 Million |
+109.90% |
| 2011-12-31 | CN¥500.64 Million ≈ $73.26 Million |
+26.39% |
| 2010-12-31 | CN¥396.10 Million ≈ $57.96 Million |
+62.30% |
| 2009-12-31 | CN¥244.06 Million ≈ $35.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Goody Science & Technology 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 decreased by 813.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Goody Science & Technology Co Ltd Net Assets Breakdown (December 2024)
Goody Science & Technology Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥718.85 Million | 176.17% |
| Other Components | CN¥500.85 Million | 122.74% |
| Total Equity | CN¥408.04 Million | 100.00% |
Goody Science & Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Goody Science & Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Liantronics
SHE:300269
|
$320.61 Million |
|
Orascom Development Holding AG
SW:ODHN
|
$320.65 Million |
|
ADD Industry Zhejiang Co Ltd
SHG:603089
|
$320.69 Million |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
$320.69 Million |
|
Suzhou Industrial Park Heshun Electric Co Ltd
SHE:300141
|
$320.33 Million |
|
Sillo Maritime Perdana Tbk PT
JK:SHIP
|
$320.33 Million |
|
DI Dong Il Corp
KO:001530
|
$320.18 Million |
|
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
F:PWD1
|
$320.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goody Science & Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 573,363,748 to 408,039,441, a change of -165,324,307 (-28.8%).
- Net loss of 153,386,632 reduced equity.
- Dividend payments of 1,803,031 reduced retained earnings.
- Share repurchases of 8,000,000 reduced equity.
- Other comprehensive income decreased equity by 85,173,768.
- Other factors increased equity by 83,039,124.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-153.39 Million | -37.59% |
| Dividends Paid | CN¥1.80 Million | -0.44% |
| Share Repurchases | CN¥8.00 Million | -1.96% |
| Other Comprehensive Income | CN¥-85.17 Million | -20.87% |
| Other Changes | CN¥83.04 Million | +20.35% |
| Total Change | CN¥- | -28.83% |
Book Value vs Market Value Analysis
This analysis compares Goody Science & Technology 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: 5.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.57 | CN¥2.87 | x |
| 2010-12-31 | CN¥0.88 | CN¥2.87 | x |
| 2011-12-31 | CN¥1.13 | CN¥2.87 | x |
| 2012-12-31 | CN¥2.21 | CN¥2.87 | x |
| 2013-12-31 | CN¥3.69 | CN¥2.87 | x |
| 2014-12-31 | CN¥1.84 | CN¥2.87 | x |
| 2015-12-31 | CN¥1.65 | CN¥2.87 | x |
| 2016-12-31 | CN¥2.95 | CN¥2.87 | x |
| 2017-12-31 | CN¥1.93 | CN¥2.87 | x |
| 2018-12-31 | CN¥1.69 | CN¥2.87 | x |
| 2019-12-31 | CN¥1.67 | CN¥2.87 | x |
| 2020-12-31 | CN¥1.24 | CN¥2.87 | x |
| 2021-12-31 | CN¥0.26 | CN¥2.87 | x |
| 2022-12-31 | CN¥0.04 | CN¥2.87 | x |
| 2023-12-31 | CN¥1.00 | CN¥2.87 | x |
| 2024-12-31 | CN¥0.57 | CN¥2.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goody Science & Technology 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): -37.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.22%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 2.77x
- Recent ROE (-37.59%) is above the historical average (-63.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 19.07% | 5.83% | 1.44x | 2.28x | CN¥21.31 Million |
| 2010 | 10.60% | 3.80% | 1.21x | 2.31x | CN¥2.19 Million |
| 2011 | 21.68% | 7.34% | 1.16x | 2.55x | CN¥54.70 Million |
| 2012 | 11.16% | 7.50% | 0.84x | 1.77x | CN¥11.76 Million |
| 2013 | 8.98% | 5.24% | 0.88x | 1.96x | CN¥-10.45 Million |
| 2014 | 2.71% | 1.53% | 0.77x | 2.31x | CN¥-75.61 Million |
| 2015 | 2.66% | 1.41% | 0.79x | 2.38x | CN¥-69.20 Million |
| 2016 | 4.06% | 2.60% | 0.67x | 2.34x | CN¥-58.12 Million |
| 2017 | 10.36% | 5.52% | 0.73x | 2.56x | CN¥3.96 Million |
| 2018 | -11.85% | -6.95% | 0.62x | 2.74x | CN¥-213.43 Million |
| 2019 | -1.23% | -0.74% | 0.56x | 2.95x | CN¥-110.85 Million |
| 2020 | -40.32% | -20.84% | 0.58x | 3.35x | CN¥-371.63 Million |
| 2021 | -383.46% | -39.93% | 0.71x | 13.44x | CN¥-611.68 Million |
| 2022 | -641.48% | -13.52% | 0.58x | 82.10x | CN¥-144.95 Million |
| 2023 | 16.02% | 9.85% | 0.69x | 2.35x | CN¥34.54 Million |
| 2024 | -37.59% | -18.22% | 0.75x | 2.77x | CN¥-194.19 Million |
Industry Comparison
This section compares Goody Science & Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $3,253,610,849
- Average return on equity (ROE) among peers: 0.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goody Science & Technology Co Ltd (002694) | CN¥110.00 Million | 19.07% | 10.18x | $320.47 Million |
| FAWER Automotive Parts Ltd Co (000030) | $726.12 Million | 16.16% | 1.31x | $895.47 Million |
| Wanxiang Qianchao Co Ltd (000559) | $1.86 Billion | 8.12% | 0.67x | $5.96 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $20.86 Billion | 5.12% | 0.42x | $2.02 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $810.12 Million | -9.48% | 1.97x | $939.54 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.73 Billion | -20.59% | 4.27x | $1.61 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-104.62 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.58% | 1.04x | $1.36 Billion |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.31 Billion | -8.49% | 2.61x | $1.76 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.72 Billion | -3.81% | 0.56x | $293.10 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $1.53 Billion | 19.40% | 1.00x | $3.16 Billion |
About Goody Science & Technology Co Ltd
Goody Science and Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of plastic pipes under the Goody, tryit, and Guanyang brands in China. The company offers polyethylene, polypropylene, and polyvinyl chloride pipes, such as supply pipes, drainage and sewage pipes, power communication tubes, agricultural irrigation pipes, fishery aqua… Read more