Rastar Group
Rastar Group engages in game and toy business in China. It also manages football clubs and sports related activities, as well as involved in publishing other related businesses. The company offers its products under the RASTAR brand names. It exports its products to Hong Kong, Macao, Japan, South Korea, Southeast Asia, Europe, the United States, and internationally. The company was founded in 200… Read more
Rastar Group (300043) - Net Assets
Latest net assets as of June 2025: CN¥1.66 Billion CNY
Based on the latest financial reports, Rastar Group (300043) has net assets worth CN¥1.66 Billion 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¥4.18 Billion) and total liabilities (CN¥2.51 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¥1.66 Billion |
| % of Total Assets | 39.79% |
| Annual Growth Rate | 26.29% |
| 5-Year Change | -50.91% |
| 10-Year Change | -31.05% |
| Growth Volatility | 134.14 |
Rastar Group - Net Assets Trend (2006–2024)
This chart illustrates how Rastar 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 Rastar Group (2006–2024)
The table below shows the annual net assets of Rastar Group from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.44 Billion | -25.39% |
| 2023-12-31 | CN¥1.93 Billion | +4.14% |
| 2022-12-31 | CN¥1.86 Billion | -12.74% |
| 2021-12-31 | CN¥2.13 Billion | -27.60% |
| 2020-12-31 | CN¥2.94 Billion | -0.30% |
| 2019-12-31 | CN¥2.95 Billion | +6.61% |
| 2018-12-31 | CN¥2.76 Billion | +5.74% |
| 2017-12-31 | CN¥2.61 Billion | +8.61% |
| 2016-12-31 | CN¥2.41 Billion | +15.07% |
| 2015-12-31 | CN¥2.09 Billion | +8.21% |
| 2014-12-31 | CN¥1.93 Billion | +73.92% |
| 2013-12-31 | CN¥1.11 Billion | +19.55% |
| 2012-12-31 | CN¥929.91 Million | +21.72% |
| 2011-12-31 | CN¥764.00 Million | +9.66% |
| 2010-12-31 | CN¥696.69 Million | +587.70% |
| 2009-12-31 | CN¥101.31 Million | +50.64% |
| 2008-12-31 | CN¥67.25 Million | +60.62% |
| 2007-12-31 | CN¥41.87 Million | +93.77% |
| 2006-12-31 | CN¥21.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rastar 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 570.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥96.86 Million | 6.70% |
| Other Components | CN¥1.35 Billion | 93.30% |
| Total Equity | CN¥1.44 Billion | 100.00% |
Rastar Group Competitors by Market Cap
The table below lists competitors of Rastar Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Newway Photomask Making Co. Ltd. A
SHG:688401
|
$679.21 Million |
|
Zhejiang Construction Investment Group Co Ltd
SHE:002761
|
$679.46 Million |
|
Heineken Bhd
KLSE:3255
|
$679.48 Million |
|
Sumitomo Osaka Cement Co. Ltd
F:SU2
|
$679.54 Million |
|
John B Sanfilippo & Son Inc
NASDAQ:JBSS
|
$679.15 Million |
|
Almirall S.A
PINK:LBTSF
|
$678.91 Million |
|
National Presto Industries Inc
NYSE:NPK
|
$678.90 Million |
|
Hangzhou Steam Turbine
SHE:200771
|
$678.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rastar Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,934,177,026 to 1,444,580,435, a change of -489,596,592 (-25.3%).
- Net loss of 457,725,060 reduced equity.
- Dividend payments of 70,801,546 reduced retained earnings.
- Other factors increased equity by 38,930,015.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-457.73 Million | -31.69% |
| Dividends Paid | CN¥70.80 Million | -4.9% |
| Other Changes | CN¥38.93 Million | +2.69% |
| Total Change | CN¥- | -25.31% |
Book Value vs Market Value Analysis
This analysis compares Rastar 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: 5.17x
- 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 increased from 2.93x to 5.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.04 | CN¥6.00 | x |
| 2018-12-31 | CN¥2.22 | CN¥6.00 | x |
| 2019-12-31 | CN¥2.37 | CN¥6.00 | x |
| 2020-12-31 | CN¥2.36 | CN¥6.00 | x |
| 2021-12-31 | CN¥1.71 | CN¥6.00 | x |
| 2022-12-31 | CN¥1.49 | CN¥6.00 | x |
| 2023-12-31 | CN¥1.55 | CN¥6.00 | x |
| 2024-12-31 | CN¥1.16 | CN¥6.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rastar 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): -31.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.65%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.62x
- Recent ROE (-31.69%) is below the historical average (9.48%), 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 | 31.22% | 10.61% | 1.00x | 2.95x | CN¥4.58 Million |
| 2007 | 29.30% | 12.81% | 1.23x | 1.86x | CN¥8.08 Million |
| 2008 | 37.75% | 14.86% | 1.48x | 1.72x | CN¥18.66 Million |
| 2009 | 38.56% | 16.75% | 1.42x | 1.62x | CN¥28.93 Million |
| 2010 | 8.02% | 17.21% | 0.43x | 1.07x | CN¥-13.82 Million |
| 2011 | 10.62% | 18.26% | 0.47x | 1.23x | CN¥4.72 Million |
| 2012 | 12.49% | 9.59% | 0.73x | 1.79x | CN¥21.35 Million |
| 2013 | 13.18% | 6.05% | 1.22x | 1.79x | CN¥32.37 Million |
| 2014 | 13.50% | 10.26% | 0.88x | 1.49x | CN¥66.69 Million |
| 2015 | 16.81% | 21.04% | 0.51x | 1.58x | CN¥142.51 Million |
| 2016 | 19.44% | 19.14% | 0.47x | 2.17x | CN¥222.44 Million |
| 2017 | 9.04% | 8.35% | 0.46x | 2.35x | CN¥-24.36 Million |
| 2018 | 8.62% | 8.46% | 0.47x | 2.15x | CN¥-38.17 Million |
| 2019 | 8.77% | 9.96% | 0.45x | 1.95x | CN¥-36.13 Million |
| 2020 | 0.89% | 1.49% | 0.33x | 1.82x | CN¥-267.75 Million |
| 2021 | -31.14% | -47.10% | 0.31x | 2.12x | CN¥-875.41 Million |
| 2022 | -16.71% | -19.33% | 0.37x | 2.33x | CN¥-496.18 Million |
| 2023 | 1.43% | 1.60% | 0.40x | 2.23x | CN¥-165.71 Million |
| 2024 | -31.69% | -33.65% | 0.36x | 2.62x | CN¥-602.18 Million |
Industry Comparison
This section compares Rastar Group's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $1,311,726,261
- Average return on equity (ROE) among peers: 5.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rastar Group (300043) | CN¥1.66 Billion | 31.22% | 1.51x | $679.18 Million |
| Sportsoul Co. Ltd. A (001300) | $1.04 Billion | -4.14% | 0.16x | $178.56 Million |
| HL Corp Shenzhen (002105) | $227.43 Million | 13.86% | 2.02x | $177.32 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.39 Billion | 3.98% | 0.25x | $627.40 Million |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $853.80 Million | 6.13% | 0.02x | $533.55 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $2.73 Billion | 12.77% | 0.61x | $690.34 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $5.09 Billion | 9.01% | 0.82x | $341.19 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $2.03 Billion | 7.47% | 0.43x | $195.17 Million |
| Shifeng Cultural Development Co Ltd (002862) | $513.21 Million | -0.19% | 0.31x | $198.09 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $1.24 Billion | 7.11% | 0.85x | $414.15 Million |
| China Bicycle Co Holdings Ltd (200017) | $-1.99 Billion | 0.00% | 0.00x | $103.15 Million |