Gansu Dayu Water saving Group (300021) - Net Assets
Based on the latest financial reports, Gansu Dayu Water saving Group (300021) has net assets worth CN¥3.06 Billion CNY (≈ $448.38 Million 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¥10.65 Billion ≈ $1.56 Billion USD) and total liabilities (CN¥7.58 Billion ≈ $1.11 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 how tangible is Gansu Dayu Water saving Group's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.06 Billion |
| % of Total Assets | 28.78% |
| Annual Growth Rate | 24.57% |
| 5-Year Change | 48.95% |
| 10-Year Change | 121.82% |
| Growth Volatility | 50.81 |
Gansu Dayu Water saving Group - Net Assets Trend (2006–2025)
This chart illustrates how Gansu Dayu Water saving Group's net assets have evolved over time, based on quarterly financial data. See Gansu Dayu Water saving Group (300021) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gansu Dayu Water saving Group (2006–2025)
The table below shows the annual net assets of Gansu Dayu Water saving Group from 2006 to 2025. For live valuation and market cap data, see 300021 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.05 Billion ≈ $446.99 Million |
+30.96% |
| 2024-12-31 | CN¥2.33 Billion ≈ $341.31 Million |
+1.99% |
| 2023-12-31 | CN¥2.29 Billion ≈ $334.66 Million |
-3.05% |
| 2022-12-31 | CN¥2.36 Billion ≈ $345.19 Million |
+15.03% |
| 2021-12-31 | CN¥2.05 Billion ≈ $300.09 Million |
+4.80% |
| 2020-12-31 | CN¥1.96 Billion ≈ $286.35 Million |
+21.84% |
| 2019-12-31 | CN¥1.61 Billion ≈ $235.02 Million |
+3.37% |
| 2018-12-31 | CN¥1.55 Billion ≈ $227.37 Million |
+6.93% |
| 2017-12-31 | CN¥1.45 Billion ≈ $212.64 Million |
+5.52% |
| 2016-12-31 | CN¥1.38 Billion ≈ $201.51 Million |
+153.76% |
| 2015-12-31 | CN¥542.67 Million ≈ $79.41 Million |
+13.22% |
| 2014-12-31 | CN¥479.32 Million ≈ $70.14 Million |
+0.17% |
| 2013-12-31 | CN¥478.52 Million ≈ $70.02 Million |
+4.54% |
| 2012-12-31 | CN¥457.74 Million ≈ $66.98 Million |
+7.40% |
| 2011-12-31 | CN¥426.20 Million ≈ $62.37 Million |
+3.90% |
| 2010-12-31 | CN¥410.18 Million ≈ $60.02 Million |
+7.92% |
| 2009-12-31 | CN¥380.09 Million ≈ $55.62 Million |
+179.51% |
| 2008-12-31 | CN¥135.98 Million ≈ $19.90 Million |
+75.46% |
| 2007-12-31 | CN¥77.50 Million ≈ $11.34 Million |
+64.95% |
| 2006-12-31 | CN¥46.99 Million ≈ $6.88 Million |
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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 4025.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥484.64 Million | 18.56% |
| Other Components | CN¥2.13 Billion | 81.44% |
| Total Equity | CN¥2.61 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 |
|---|---|
|
Hume Industries Berhad
KLSE:5000
|
$550.65 Million |
|
Laurent-Perrier
PA:LPE
|
$550.73 Million |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
$550.78 Million |
|
Optotech Corp
TW:2340
|
$551.12 Million |
|
Donegal Group A Inc
NASDAQ:DGICA
|
$550.46 Million |
|
Guangxi Nanning Waterworks Co
SHG:601368
|
$550.42 Million |
|
Shanghai GuAo Electronic Technology Co Ltd
SHE:300551
|
$550.37 Million |
|
Tibet Weixinkang Medicine Co Ltd
SHG:603676
|
$550.18 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 2024 to 2025, total equity changed from 2,051,536,601 to 2,611,349,015, a change of 559,812,414 (27.3%).
- Net income of 48,900,118 contributed positively to equity growth.
- Dividend payments of 144,709,987 reduced retained earnings.
- Other factors increased equity by 655,622,283.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥48.90 Million | +1.87% |
| Dividends Paid | CN¥144.71 Million | -5.54% |
| Other Changes | CN¥655.62 Million | +25.11% |
| Total Change | CN¥- | 27.29% |
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: 1.44x
- 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 24.22x to 1.44x 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¥3.68 | x |
| 2007-12-31 | CN¥0.19 | CN¥3.68 | x |
| 2008-12-31 | CN¥0.28 | CN¥3.68 | x |
| 2009-12-31 | CN¥1.40 | CN¥3.68 | x |
| 2010-12-31 | CN¥0.62 | CN¥3.68 | x |
| 2011-12-31 | CN¥0.63 | CN¥3.68 | x |
| 2012-12-31 | CN¥0.64 | CN¥3.68 | x |
| 2013-12-31 | CN¥0.68 | CN¥3.68 | x |
| 2014-12-31 | CN¥0.69 | CN¥3.68 | x |
| 2015-12-31 | CN¥0.77 | CN¥3.68 | x |
| 2016-12-31 | CN¥1.41 | CN¥3.68 | x |
| 2017-12-31 | CN¥1.74 | CN¥3.68 | x |
| 2018-12-31 | CN¥1.87 | CN¥3.68 | x |
| 2019-12-31 | CN¥1.82 | CN¥3.68 | x |
| 2020-12-31 | CN¥2.02 | CN¥3.68 | x |
| 2021-12-31 | CN¥2.17 | CN¥3.68 | x |
| 2022-12-31 | CN¥2.38 | CN¥3.68 | x |
| 2023-12-31 | CN¥2.38 | CN¥3.68 | x |
| 2024-12-31 | CN¥2.39 | CN¥3.68 | x |
| 2025-12-31 | CN¥2.55 | CN¥3.68 | 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): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.30%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.98x
- Recent ROE (1.87%) is below the historical average (7.71%), 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 | 3.52% | 2.34% | 0.50x | 3.00x | CN¥-30.79 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 |
| 2025 | 1.87% | 1.30% | 0.36x | 3.98x | CN¥-212.23 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: $4,373,315,868
- Average return on equity (ROE) among peers: 3.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gansu Dayu Water saving Group (300021) | CN¥3.06 Billion | 19.74% | 2.47x | $550.54 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $839.42 Million | 3.98% | 0.45x | $2.96 Billion |
| Bohai Water Industry Co Ltd (000605) | $2.71 Billion | 0.59% | 2.00x | $293.12 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $17.82 Billion | 6.73% | 0.82x | $2.35 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $3.66 Billion | 7.33% | 0.97x | $1.10 Billion |
| Beijing Water Business Doctor (300055) | $5.54 Billion | 3.83% | 0.31x | $931.79 Million |
| BGT Group Co. Ltd. (300774) | $1.45 Billion | 11.99% | 0.37x | $811.69 Million |
| Hynar Water Group Co. Ltd. (300961) | $1.03 Billion | -3.41% | 1.69x | $280.95 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $870.50 Million | -3.37% | 1.10x | $606.52 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $5.43 Billion | 4.60% | 1.87x | $622.16 Million |
About 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