Gansu Dayu Water saving Group
Dayu Irrigation Group Co.,Ltd engages in the manufacture and sale of water-saving irrigation materials. It offers drip tapes and on-line dripper; PVC and PE pipes; fertilizer and fertigation equipment; reel type and large sprinklers; water tank, smart water meter, intelligent controller; integrated monitoring and control of the gate slot; water measurement equipment; home garden equipment; and So… Read more
Gansu Dayu Water saving Group (300021) - Net Assets
Latest net assets as of September 2025: CN¥2.81 Billion CNY
Based on the latest financial reports, Gansu Dayu Water saving Group (300021) has net assets worth CN¥2.81 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¥9.19 Billion) and total liabilities (CN¥6.39 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¥2.81 Billion |
| % of Total Assets | 30.51% |
| Annual Growth Rate | 24.22% |
| 5-Year Change | 19.19% |
| 10-Year Change | 329.8% |
| Growth Volatility | 52.21 |
Gansu Dayu Water saving Group - Net Assets Trend (2006–2024)
This chart illustrates how Gansu Dayu Water saving Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gansu Dayu Water saving Group (2006–2024)
The table below shows the annual net assets of Gansu Dayu Water saving Group from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.33 Billion | +1.99% |
| 2023-12-31 | CN¥2.29 Billion | -3.05% |
| 2022-12-31 | CN¥2.36 Billion | +15.03% |
| 2021-12-31 | CN¥2.05 Billion | +4.80% |
| 2020-12-31 | CN¥1.96 Billion | +21.84% |
| 2019-12-31 | CN¥1.61 Billion | +3.37% |
| 2018-12-31 | CN¥1.55 Billion | +6.93% |
| 2017-12-31 | CN¥1.45 Billion | +5.52% |
| 2016-12-31 | CN¥1.38 Billion | +153.76% |
| 2015-12-31 | CN¥542.67 Million | +13.22% |
| 2014-12-31 | CN¥479.32 Million | +0.17% |
| 2013-12-31 | CN¥478.52 Million | +4.54% |
| 2012-12-31 | CN¥457.74 Million | +7.40% |
| 2011-12-31 | CN¥426.20 Million | +3.90% |
| 2010-12-31 | CN¥410.18 Million | +7.92% |
| 2009-12-31 | CN¥380.09 Million | +179.51% |
| 2008-12-31 | CN¥135.98 Million | +75.46% |
| 2007-12-31 | CN¥77.50 Million | +64.95% |
| 2006-12-31 | CN¥46.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gansu Dayu Water saving Group'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 4058.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥488.59 Million | 23.82% |
| Common Stock | CN¥853.75 Million | 41.62% |
| Other Components | CN¥709.19 Million | 34.57% |
| Total Equity | CN¥2.05 Billion | 100.00% |
Gansu Dayu Water saving Group Competitors by Market Cap
The table below lists competitors of Gansu Dayu Water saving Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Halo Microelectronics Co. Ltd. A
SHG:688173
|
$349.96 Million |
|
Sun Art Retail Group Limited
F:SRI
|
$349.97 Million |
|
Consolidated Communications Holdings Inc
F:C8C
|
$350.01 Million |
|
Poly Plastic Masterbatch Suzhou Co
SHE:300905
|
$350.07 Million |
|
AB Siauliu Bankas
F:ZH5
|
$349.83 Million |
|
AA Mission Acquisition Corp.
NYSE:AAM-UN
|
$349.76 Million |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
$349.66 Million |
|
TRANSFORMERS AND RECTIFIERS INDIA
NSE:TARIL
|
$349.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gansu Dayu Water saving Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,022,768,554 to 2,051,536,601, a change of 28,768,047 (1.4%).
- Net income of 81,127,863 contributed positively to equity growth.
- Dividend payments of 117,777,921 reduced retained earnings.
- Share repurchases of 30,185,650 reduced equity.
- Other factors increased equity by 95,603,755.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.13 Million | +3.95% |
| Dividends Paid | CN¥117.78 Million | -5.74% |
| Share Repurchases | CN¥30.19 Million | -1.47% |
| Other Changes | CN¥95.60 Million | +4.66% |
| Total Change | CN¥- | 1.42% |
Book Value vs Market Value Analysis
This analysis compares Gansu Dayu Water saving Group'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: 1.96x
- 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 30.93x to 1.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.15 | CN¥4.70 | x |
| 2007-12-31 | CN¥0.19 | CN¥4.70 | x |
| 2008-12-31 | CN¥0.28 | CN¥4.70 | x |
| 2009-12-31 | CN¥1.40 | CN¥4.70 | x |
| 2010-12-31 | CN¥0.62 | CN¥4.70 | x |
| 2011-12-31 | CN¥0.63 | CN¥4.70 | x |
| 2012-12-31 | CN¥0.64 | CN¥4.70 | x |
| 2013-12-31 | CN¥0.68 | CN¥4.70 | x |
| 2014-12-31 | CN¥0.69 | CN¥4.70 | x |
| 2015-12-31 | CN¥0.77 | CN¥4.70 | x |
| 2016-12-31 | CN¥2.29 | CN¥4.70 | x |
| 2017-12-31 | CN¥1.89 | CN¥4.70 | x |
| 2018-12-31 | CN¥1.87 | CN¥4.70 | x |
| 2019-12-31 | CN¥1.87 | CN¥4.70 | x |
| 2020-12-31 | CN¥2.11 | CN¥4.70 | x |
| 2021-12-31 | CN¥2.18 | CN¥4.70 | x |
| 2022-12-31 | CN¥2.40 | CN¥4.70 | x |
| 2023-12-31 | CN¥2.38 | CN¥4.70 | x |
| 2024-12-31 | CN¥2.39 | CN¥4.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gansu Dayu Water saving Group 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): 3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.85%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 4.56x
- Recent ROE (3.95%) is below the historical average (8.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.74% | 10.92% | 0.42x | 4.33x | CN¥4.37 Million |
| 2007 | 19.19% | 9.91% | 0.58x | 3.35x | CN¥6.92 Million |
| 2008 | 14.44% | 9.27% | 0.64x | 2.42x | CN¥6.03 Million |
| 2009 | 6.56% | 9.26% | 0.46x | 1.53x | CN¥-13.07 Million |
| 2010 | 7.14% | 8.95% | 0.42x | 1.91x | CN¥-11.73 Million |
| 2011 | 7.03% | 7.49% | 0.36x | 2.63x | CN¥-12.68 Million |
| 2012 | 6.89% | 5.53% | 0.44x | 2.85x | CN¥-14.24 Million |
| 2013 | 3.60% | 2.37% | 0.51x | 3.00x | CN¥-30.38 Million |
| 2014 | 4.34% | 2.63% | 0.51x | 3.21x | CN¥-27.06 Million |
| 2015 | 11.37% | 5.29% | 0.68x | 3.14x | CN¥7.40 Million |
| 2016 | 4.54% | 5.88% | 0.41x | 1.86x | CN¥-72.87 Million |
| 2017 | 6.86% | 7.43% | 0.43x | 2.12x | CN¥-43.58 Million |
| 2018 | 6.95% | 5.63% | 0.47x | 2.65x | CN¥-44.06 Million |
| 2019 | 8.78% | 5.98% | 0.55x | 2.66x | CN¥-17.97 Million |
| 2020 | 5.95% | 4.90% | 0.37x | 3.32x | CN¥-67.10 Million |
| 2021 | 7.86% | 3.85% | 0.56x | 3.68x | CN¥-36.80 Million |
| 2022 | 4.82% | 2.87% | 0.49x | 3.43x | CN¥-105.09 Million |
| 2023 | 2.48% | 1.45% | 0.43x | 3.93x | CN¥-152.14 Million |
| 2024 | 3.95% | 1.85% | 0.47x | 4.56x | CN¥-124.03 Million |
Industry Comparison
This section compares Gansu Dayu Water saving Group's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,473,090,086
- Average return on equity (ROE) among peers: 7.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gansu Dayu Water saving Group (300021) | CN¥2.81 Billion | 19.74% | 2.28x | $349.89 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $11.99 Billion | 9.01% | 1.11x | $1.21 Billion |
| Bohai Water Industry Co Ltd (000605) | $164.13 Million | 2.53% | 1.04x | $171.74 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $11.04 Billion | 13.53% | 0.25x | $1.16 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $1.68 Billion | 11.76% | 1.49x | $276.18 Million |
| Beijing Water Business Doctor (300055) | $1.60 Billion | 3.85% | 0.13x | $355.06 Million |
| BGT Group Co. Ltd. (300774) | $1.52 Billion | 2.16% | 0.65x | $371.81 Million |
| Hynar Water Group Co. Ltd. (300961) | $695.55 Million | 13.29% | 1.35x | $339.95 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $942.31 Million | 11.26% | 0.90x | $202.63 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $1.63 Billion | 3.60% | 0.65x | $316.91 Million |