Grg Metrology Net Assets
Grg Metrology net assets. Based on the latest financial reports, Grg Metrology (002967) has net assets worth CN¥5.01 Billion CNY (≈ $733.39 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.65 Billion ≈ $1.12 Billion USD) and total liabilities (CN¥2.64 Billion ≈ $386.71 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 002967 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.01 Billion |
| % of Total Assets | 65.48% |
| Annual Growth Rate | 34.94% |
| 5-Year Change | 10.64% |
| 10-Year Change | 445.19% |
| Growth Volatility | 49.49 |
Net Assets of Grg Metrology (2012–2025)
Net assets of Grg Metrology from 2012 to 2025. This chart illustrates how Grg Metrology's net assets have evolved over time, based on quarterly financial data. See how leveraged is Grg Metrology's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Grg Metrology (2012–2025)
The table below shows the annual net assets of Grg Metrology from 2012 to 2025. For live market cap and overall valuation, see 002967 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.84 Billion ≈ $561.83 Million |
+12.34% |
| 2024-12-31 | CN¥3.42 Billion ≈ $500.11 Million |
-6.94% |
| 2023-12-31 | CN¥3.67 Billion ≈ $537.42 Million |
+3.02% |
| 2022-12-31 | CN¥3.56 Billion ≈ $521.67 Million |
+2.73% |
| 2021-12-31 | CN¥3.47 Billion ≈ $507.80 Million |
+96.47% |
| 2020-12-31 | CN¥1.77 Billion ≈ $258.46 Million |
+15.53% |
| 2019-12-31 | CN¥1.53 Billion ≈ $223.72 Million |
+91.53% |
| 2018-12-31 | CN¥798.25 Million ≈ $116.81 Million |
+3.09% |
| 2017-12-31 | CN¥774.34 Million ≈ $113.31 Million |
+9.95% |
| 2016-12-31 | CN¥704.25 Million ≈ $103.05 Million |
+142.21% |
| 2015-12-31 | CN¥290.76 Million ≈ $42.55 Million |
+53.84% |
| 2014-12-31 | CN¥189.00 Million ≈ $27.66 Million |
+117.62% |
| 2013-12-31 | CN¥86.85 Million ≈ $12.71 Million |
+11.20% |
| 2012-12-31 | CN¥78.10 Million ≈ $11.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grg Metrology'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 6990.2% over the analyzed period, indicating profitable operations and earnings retention.
Grg Metrology Net Assets Breakdown (December 2025)
Grg Metrology net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.29 Billion | 35.61% |
| Common Stock | CN¥583.14 Million | 16.15% |
| Other Comprehensive Income | CN¥-298.14 Million | -8.26% |
| Other Components | CN¥2.04 Billion | 56.50% |
| Total Equity | CN¥3.61 Billion | 100.00% |
Grg Metrology Competitors by Market Cap
The table below lists competitors of Grg Metrology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neinor Homes SLU
MC:HOME
|
$1.63 Billion |
|
Wilson Sons Holdings Brasil S.A.
SA:PORT3
|
$1.63 Billion |
|
Despegar.com Corp
NYSE:DESP
|
$1.63 Billion |
|
PC Jeweller Limited
NSE:PCJEWELLER
|
$1.63 Billion |
|
Lier Chemical Co Ltd
SHE:002258
|
$1.63 Billion |
|
Dime Community Bancshares, Inc.
NASDAQ:DCOM
|
$1.63 Billion |
|
Suzhou Hengmingda Electronic Technology Co Ltd
SHE:002947
|
$1.63 Billion |
|
Photronics Inc
NASDAQ:PLAB
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grg Metrology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,335,918,962 to 3,610,694,987, a change of 274,776,025 (8.2%).
- Net income of 424,537,089 contributed positively to equity growth.
- Dividend payments of 168,116,310 reduced retained earnings.
- Share repurchases of 898,569 reduced equity.
- Other comprehensive income decreased equity by 298,140,226.
- Other factors increased equity by 317,394,041.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥424.54 Million | +11.76% |
| Dividends Paid | CN¥168.12 Million | -4.66% |
| Share Repurchases | CN¥898.57K | -0.02% |
| Other Comprehensive Income | CN¥-298.14 Million | -8.26% |
| Other Changes | CN¥317.39 Million | +8.79% |
| Total Change | CN¥- | 8.24% |
Book Value vs Market Value Analysis
This analysis compares Grg Metrology'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: 2.69x
- 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 23.46x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.74 | CN¥17.40 | x |
| 2013-12-31 | CN¥0.81 | CN¥17.40 | x |
| 2014-12-31 | CN¥1.25 | CN¥17.40 | x |
| 2015-12-31 | CN¥1.77 | CN¥17.40 | x |
| 2016-12-31 | CN¥2.18 | CN¥17.40 | x |
| 2017-12-31 | CN¥1.92 | CN¥17.40 | x |
| 2018-12-31 | CN¥2.00 | CN¥17.40 | x |
| 2019-12-31 | CN¥3.78 | CN¥17.40 | x |
| 2020-12-31 | CN¥3.21 | CN¥17.40 | x |
| 2021-12-31 | CN¥6.18 | CN¥17.40 | x |
| 2022-12-31 | CN¥6.07 | CN¥17.40 | x |
| 2023-12-31 | CN¥6.31 | CN¥17.40 | x |
| 2024-12-31 | CN¥5.78 | CN¥17.40 | x |
| 2025-12-31 | CN¥6.46 | CN¥17.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grg Metrology 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): 11.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.81%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.89x
- Recent ROE (11.76%) is above the historical average (11.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 15.17% | 7.77% | 0.95x | 2.06x | CN¥4.04 Million |
| 2013 | 10.07% | 4.28% | 0.83x | 2.84x | CN¥61.68K |
| 2014 | 13.56% | 8.98% | 0.75x | 2.00x | CN¥6.60 Million |
| 2015 | 14.47% | 10.05% | 0.71x | 2.03x | CN¥12.83 Million |
| 2016 | 9.16% | 11.33% | 0.49x | 1.64x | CN¥-5.83 Million |
| 2017 | 14.03% | 12.84% | 0.57x | 1.91x | CN¥30.85 Million |
| 2018 | 15.39% | 9.93% | 0.61x | 2.53x | CN¥42.71 Million |
| 2019 | 11.10% | 10.67% | 0.55x | 1.90x | CN¥16.78 Million |
| 2020 | 13.72% | 12.79% | 0.55x | 1.95x | CN¥63.81 Million |
| 2021 | 5.34% | 8.11% | 0.43x | 1.55x | CN¥-158.81 Million |
| 2022 | 5.27% | 7.06% | 0.47x | 1.59x | CN¥-165.15 Million |
| 2023 | 5.55% | 6.90% | 0.48x | 1.69x | CN¥-160.17 Million |
| 2024 | 10.56% | 10.98% | 0.49x | 1.96x | CN¥18.52 Million |
| 2025 | 11.76% | 11.81% | 0.53x | 1.89x | CN¥63.47 Million |
Industry Comparison
This section compares Grg Metrology's net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $229,128,799
- Average return on equity (ROE) among peers: 28.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grg Metrology (002967) | CN¥5.01 Billion | 15.17% | 0.53x | $1.63 Billion |
| Shanghai HYP-ARCH Architectural Design Consultant Co.Ltd. (301024) | $248.49 Million | 25.62% | 0.24x | $231.03 Million |
| China Building Material (603060) | $209.77 Million | 31.01% | 0.38x | $559.99 Million |
About Grg Metrology
GRG Metrology & Test Group Co., Ltd., together with its subsidiaries, operates as a third-party measurement and testing institution in China. It offers measurement and calibration, environmental and reliability testing, EMC testing, chemical and failure analysis, safety test and certification, environmental monitoring, and food and agricultural product testing services; integrated circuit testing… Read more