Gifore Agricultural Machinery Chain Co Ltd
Gifore Agricultural Science & Technology Service Co.,Ltd offers agricultural machinery in China. The company provides traditional agricultural, vegetable farm, orchard, livestock, smart agriculture solutions and freight truck. Gifore Agricultural Science & Technology Service Co.,Ltd was formerly known as Gifore Agricultural Machinery Chain Co., Ltd. and changed its name to Gifore Agricultural Sci… Read more
Gifore Agricultural Machinery Chain Co Ltd (300022) - Net Assets
Latest net assets as of June 2025: CN¥860.93 Million CNY
Based on the latest financial reports, Gifore Agricultural Machinery Chain Co Ltd (300022) has net assets worth CN¥860.93 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.14 Billion) and total liabilities (CN¥1.27 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¥860.93 Million |
| % of Total Assets | 40.32% |
| Annual Growth Rate | 24.56% |
| 5-Year Change | 202.31% |
| 10-Year Change | 101.98% |
| Growth Volatility | 115.07 |
Gifore Agricultural Machinery Chain Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Gifore Agricultural Machinery Chain 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 Gifore Agricultural Machinery Chain Co Ltd (2006–2024)
The table below shows the annual net assets of Gifore Agricultural Machinery Chain Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥872.96 Million | -2.10% |
| 2023-12-31 | CN¥891.68 Million | +127.15% |
| 2022-12-31 | CN¥392.54 Million | +18.47% |
| 2021-12-31 | CN¥331.34 Million | +14.74% |
| 2020-12-31 | CN¥288.77 Million | +0.65% |
| 2019-12-31 | CN¥286.91 Million | -29.39% |
| 2018-12-31 | CN¥406.32 Million | +2.15% |
| 2017-12-31 | CN¥397.77 Million | -15.08% |
| 2016-12-31 | CN¥468.43 Million | +8.38% |
| 2015-12-31 | CN¥432.21 Million | +60.73% |
| 2014-12-31 | CN¥268.90 Million | -59.84% |
| 2013-12-31 | CN¥669.53 Million | -27.98% |
| 2012-12-31 | CN¥929.70 Million | +2.97% |
| 2011-12-31 | CN¥902.89 Million | +12.95% |
| 2010-12-31 | CN¥799.41 Million | +43.74% |
| 2009-12-31 | CN¥556.16 Million | +463.82% |
| 2008-12-31 | CN¥98.64 Million | +150.86% |
| 2007-12-31 | CN¥39.32 Million | +134.58% |
| 2006-12-31 | CN¥16.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gifore Agricultural Machinery Chain 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 110980.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.06 Billion | 198.46% |
| Total Equity | CN¥536.06 Million | 100.00% |
Gifore Agricultural Machinery Chain Co Ltd Competitors by Market Cap
The table below lists competitors of Gifore Agricultural Machinery Chain Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lanzhou Haimo Technologies Co
SHE:300084
|
$485.03 Million |
|
Shenzhen Liantronics
SHE:300269
|
$485.16 Million |
|
Consensus Cloud Solutions Inc
NASDAQ:CCSI
|
$485.21 Million |
|
ALPHAMAB ONCOLO.DL-000002
F:3NK
|
$485.28 Million |
|
Nanfang Ventilator Co Ltd
SHE:300004
|
$484.75 Million |
|
Linewell Software Co Ltd
SHG:603636
|
$484.66 Million |
|
Henan Zhongyuan Expressway Co Ltd
SHG:600020
|
$484.63 Million |
|
Udemy Inc
NASDAQ:UDMY
|
$484.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gifore Agricultural Machinery Chain Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 537,632,936 to 536,060,044, a change of -1,572,892 (-0.3%).
- Net loss of 30,812,761 reduced equity.
- Dividend payments of 32,993,893 reduced retained earnings.
- Other factors increased equity by 62,233,762.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-30.81 Million | -5.75% |
| Dividends Paid | CN¥32.99 Million | -6.15% |
| Other Changes | CN¥62.23 Million | +11.61% |
| Total Change | CN¥- | -0.29% |
Book Value vs Market Value Analysis
This analysis compares Gifore Agricultural Machinery Chain 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: 7.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.83x to 7.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.54 | CN¥8.47 | x |
| 2018-12-31 | CN¥0.57 | CN¥8.47 | x |
| 2019-12-31 | CN¥0.22 | CN¥8.47 | x |
| 2020-12-31 | CN¥0.17 | CN¥8.47 | x |
| 2021-12-31 | CN¥0.21 | CN¥8.47 | x |
| 2022-12-31 | CN¥0.24 | CN¥8.47 | x |
| 2023-12-31 | CN¥1.08 | CN¥8.47 | x |
| 2024-12-31 | CN¥1.08 | CN¥8.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gifore Agricultural Machinery Chain 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): -5.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.14%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 3.50x
- Recent ROE (-5.75%) is below the historical average (-3.49%), 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 | 9.92% | 0.45% | 1.68x | 13.30x | CN¥-8.00K |
| 2007 | 38.78% | 3.47% | 2.90x | 3.86x | CN¥9.72 Million |
| 2008 | 33.26% | 3.48% | 3.28x | 2.92x | CN¥19.32 Million |
| 2009 | 9.54% | 3.13% | 1.65x | 1.84x | CN¥-2.40 Million |
| 2010 | 11.63% | 1.82% | 1.44x | 4.45x | CN¥9.32 Million |
| 2011 | 11.33% | 1.37% | 1.44x | 5.74x | CN¥8.24 Million |
| 2012 | 2.08% | 0.22% | 1.47x | 6.40x | CN¥-48.77 Million |
| 2015 | 5.35% | 0.39% | 1.41x | 9.79x | CN¥-11.04 Million |
| 2016 | 4.67% | 0.33% | 1.60x | 8.85x | CN¥-13.44 Million |
| 2017 | -21.96% | -1.44% | 1.52x | 10.01x | CN¥-65.04 Million |
| 2018 | 4.83% | 0.35% | 1.57x | 8.76x | CN¥-11.18 Million |
| 2019 | -172.53% | -6.23% | 1.31x | 21.19x | CN¥-151.19 Million |
| 2020 | -24.75% | -0.65% | 1.53x | 25.01x | CN¥-22.73 Million |
| 2021 | 18.99% | 0.64% | 1.50x | 19.71x | CN¥7.26 Million |
| 2022 | 12.11% | 0.41% | 1.67x | 17.74x | CN¥1.93 Million |
| 2023 | 3.13% | 0.63% | 1.44x | 3.42x | CN¥-36.96 Million |
| 2024 | -5.75% | -1.14% | 1.45x | 3.50x | CN¥-84.42 Million |
Industry Comparison
This section compares Gifore Agricultural Machinery Chain Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $4,713,679,816
- Average return on equity (ROE) among peers: 9.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gifore Agricultural Machinery Chain Co Ltd (300022) | CN¥860.93 Million | 9.92% | 1.48x | $484.96 Million |
| XCMG Construction Machinery Co Ltd (000425) | $20.48 Billion | 1.02% | 1.15x | $11.30 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $737.85 Million | 2.72% | 0.71x | $1.96 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $4.51 Billion | 1.03% | 1.49x | $1.25 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.54 Billion | -0.35% | 0.35x | $528.05 Million |
| Sinotruk Jinan Truck Co Ltd (000951) | $14.59 Billion | 1.46% | 1.36x | $1.65 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $474.72 Million | 1.13% | 1.63x | $610.98 Million |
| Anhui Tuoshan Heavy Industry Co. Ltd. (001226) | $252.67 Million | 34.83% | 1.21x | $123.77 Million |
| Nanchang Mineral Systems Co. Ltd. A (001360) | $569.40 Million | 21.21% | 1.34x | $202.86 Million |
| Sunward Intelligent Equipment Co Ltd (002097) | $163.46 Million | 23.10% | 1.31x | $970.29 Million |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $2.82 Billion | 8.32% | 0.62x | $383.43 Million |