Qingdao Gon Technology Co Ltd
Qingdao Gon Technology Co., Ltd. engages in the research, development, manufacture and sales of specialty chemical materials and collagen-based products. The company specializes in organic polymer modification, organic polymer composites, and artificial turf. The company's products include green petrochemicals, organic polymer modification, organic polymer composites, biodegradable materials, pho… Read more
Qingdao Gon Technology Co Ltd (002768) - Net Assets
Latest net assets as of September 2025: CN¥7.50 Billion CNY
Based on the latest financial reports, Qingdao Gon Technology Co Ltd (002768) has net assets worth CN¥7.50 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¥19.46 Billion) and total liabilities (CN¥11.96 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¥7.50 Billion |
| % of Total Assets | 38.53% |
| Annual Growth Rate | 33.71% |
| 5-Year Change | 118.78% |
| 10-Year Change | 883.87% |
| Growth Volatility | 33.97 |
Qingdao Gon Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Qingdao Gon Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Qingdao Gon Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Qingdao Gon Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.03 Billion | +10.23% |
| 2023-12-31 | CN¥6.38 Billion | +8.11% |
| 2022-12-31 | CN¥5.90 Billion | +13.78% |
| 2021-12-31 | CN¥5.19 Billion | +61.36% |
| 2020-12-31 | CN¥3.21 Billion | +29.21% |
| 2019-12-31 | CN¥2.49 Billion | +17.47% |
| 2018-12-31 | CN¥2.12 Billion | +98.11% |
| 2017-12-31 | CN¥1.07 Billion | +21.52% |
| 2016-12-31 | CN¥879.68 Million | +23.07% |
| 2015-12-31 | CN¥714.76 Million | +122.59% |
| 2014-12-31 | CN¥321.11 Million | +24.31% |
| 2013-12-31 | CN¥258.31 Million | +25.14% |
| 2012-12-31 | CN¥206.42 Million | +28.27% |
| 2011-12-31 | CN¥160.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qingdao Gon 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 grown by 30617.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.92 Billion | 78.80% |
| Common Stock | CN¥271.25 Million | 5.46% |
| Other Comprehensive Income | CN¥174.42 Million | 3.51% |
| Other Components | CN¥608.23 Million | 12.24% |
| Total Equity | CN¥4.97 Billion | 100.00% |
Qingdao Gon Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Gon Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Shougang Co Ltd
SHE:000959
|
$921.92 Million |
|
Ningbo Jifeng Auto Parts Co
SHG:603997
|
$922.24 Million |
|
Taiwan Fertilizer Co Ltd
TW:1722
|
$922.26 Million |
|
Vapores
SN:VAPORES
|
$922.37 Million |
|
Tamburi Investment Partners S.p.A.
LSE:0G9J
|
$921.76 Million |
|
CITIC Metal Co. Ltd. A
SHG:601061
|
$921.73 Million |
|
LSHGF
OTCGREY:LSHGF
|
$921.43 Million |
|
ams AG
PINK:AUKUF
|
$921.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Gon Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,475,500,184 to 4,970,597,291, a change of 495,097,107 (11.1%).
- Net income of 676,378,787 contributed positively to equity growth.
- Dividend payments of 184,007,484 reduced retained earnings.
- Share repurchases of 130,291,303 reduced equity.
- Other comprehensive income increased equity by 4,759,059.
- Other factors increased equity by 128,258,048.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥676.38 Million | +13.61% |
| Dividends Paid | CN¥184.01 Million | -3.7% |
| Share Repurchases | CN¥130.29 Million | -2.62% |
| Other Comprehensive Income | CN¥4.76 Million | +0.1% |
| Other Changes | CN¥128.26 Million | +2.58% |
| Total Change | CN¥- | 11.06% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Gon 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: 2.93x
- 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 60.37x to 2.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.90 | CN¥54.26 | x |
| 2012-12-31 | CN¥1.15 | CN¥54.26 | x |
| 2013-12-31 | CN¥1.43 | CN¥54.26 | x |
| 2014-12-31 | CN¥1.79 | CN¥54.26 | x |
| 2015-12-31 | CN¥3.36 | CN¥54.26 | x |
| 2016-12-31 | CN¥3.49 | CN¥54.26 | x |
| 2017-12-31 | CN¥4.22 | CN¥54.26 | x |
| 2018-12-31 | CN¥7.61 | CN¥54.26 | x |
| 2019-12-31 | CN¥8.79 | CN¥54.26 | x |
| 2020-12-31 | CN¥11.42 | CN¥54.26 | x |
| 2021-12-31 | CN¥12.81 | CN¥54.26 | x |
| 2022-12-31 | CN¥15.01 | CN¥54.26 | x |
| 2023-12-31 | CN¥16.52 | CN¥54.26 | x |
| 2024-12-31 | CN¥18.52 | CN¥54.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Gon 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): 13.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.52%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 3.69x
- Recent ROE (13.61%) is below the historical average (17.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.62% | 9.36% | 1.21x | 1.99x | CN¥20.31 Million |
| 2012 | 22.04% | 10.73% | 1.16x | 1.77x | CN¥24.85 Million |
| 2013 | 20.09% | 9.05% | 0.95x | 2.34x | CN¥26.06 Million |
| 2014 | 19.56% | 9.20% | 0.99x | 2.15x | CN¥30.70 Million |
| 2015 | 10.11% | 9.63% | 0.75x | 1.40x | CN¥761.08K |
| 2016 | 15.77% | 10.21% | 0.78x | 1.98x | CN¥47.92 Million |
| 2017 | 20.13% | 9.92% | 0.94x | 2.16x | CN¥102.17 Million |
| 2018 | 15.24% | 8.28% | 1.02x | 1.81x | CN¥106.12 Million |
| 2019 | 16.61% | 7.81% | 1.04x | 2.04x | CN¥157.66 Million |
| 2020 | 23.59% | 10.18% | 1.31x | 1.76x | CN¥421.07 Million |
| 2021 | 18.50% | 6.58% | 0.99x | 2.85x | CN¥295.35 Million |
| 2022 | 16.27% | 4.94% | 1.05x | 3.13x | CN¥255.22 Million |
| 2023 | 10.41% | 2.67% | 1.16x | 3.36x | CN¥18.34 Million |
| 2024 | 13.61% | 3.52% | 1.05x | 3.69x | CN¥179.32 Million |
Industry Comparison
This section compares Qingdao Gon Technology Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,201,823,203
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Gon Technology Co Ltd (002768) | CN¥7.50 Billion | 22.62% | 1.60x | $921.83 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $577.65 Million | 10.01% | 0.83x | $291.58 Million |
| Hengyi Petrochemical Co Ltd (000703) | $6.99 Billion | 4.49% | 2.04x | $1.50 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.46 Billion | 0.74% | 0.82x | $375.65 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.61 Billion | 5.45% | 2.19x | $2.40 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $191.02 Million | 12.96% | 1.30x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.65 Billion | 5.07% | 0.31x | $943.36 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.02 Billion | -16.67% | 2.80x | $866.00 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $1.32 Billion | 12.34% | 0.44x | $341.43 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $293.63 Million | 29.71% | 0.73x | $174.80 Million |
| Guangdong Decro Film New (001378) | $1.89 Billion | 4.91% | 0.20x | $240.59 Million |