Guangdong Xiongsu Technology Group Co Ltd (300599) - Net Assets
Based on the latest financial reports, Guangdong Xiongsu Technology Group Co Ltd (300599) has net assets worth CN¥1.98 Billion CNY (≈ $290.12 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.26 Billion ≈ $330.67 Million USD) and total liabilities (CN¥277.13 Million ≈ $40.55 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. Check asset resilience ratio of Guangdong Xiongsu Technology Group Co Lt to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.98 Billion |
| % of Total Assets | 87.74% |
| Annual Growth Rate | 15.18% |
| 5-Year Change | 15.15% |
| 10-Year Change | 233.91% |
| Growth Volatility | 23.79 |
Guangdong Xiongsu Technology Group Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Guangdong Xiongsu Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Xiongsu Technology Group Co Lt assets under control for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Xiongsu Technology Group Co Ltd (2012–2024)
The table below shows the annual net assets of Guangdong Xiongsu Technology Group Co Ltd from 2012 to 2024. For live valuation and market cap data, see market cap of Guangdong Xiongsu Technology Group Co Lt.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.00 Billion ≈ $293.20 Million |
-11.01% |
| 2023-12-31 | CN¥2.25 Billion ≈ $329.47 Million |
+0.82% |
| 2022-12-31 | CN¥2.23 Billion ≈ $326.81 Million |
-1.65% |
| 2021-12-31 | CN¥2.27 Billion ≈ $332.30 Million |
+30.50% |
| 2020-12-31 | CN¥1.74 Billion ≈ $254.63 Million |
+8.93% |
| 2019-12-31 | CN¥1.60 Billion ≈ $233.76 Million |
+13.11% |
| 2018-12-31 | CN¥1.41 Billion ≈ $206.67 Million |
+13.45% |
| 2017-12-31 | CN¥1.24 Billion ≈ $182.16 Million |
+87.69% |
| 2016-12-31 | CN¥663.24 Million ≈ $97.05 Million |
+10.53% |
| 2015-12-31 | CN¥600.05 Million ≈ $87.81 Million |
+11.47% |
| 2014-12-31 | CN¥538.30 Million ≈ $78.77 Million |
+24.37% |
| 2013-12-31 | CN¥432.82 Million ≈ $63.34 Million |
+17.80% |
| 2012-12-31 | CN¥367.41 Million ≈ $53.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Xiongsu Technology Group 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 grown by 357.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥594.30 Million | 29.66% |
| Common Stock | CN¥358.13 Million | 17.87% |
| Other Components | CN¥1.05 Billion | 52.47% |
| Total Equity | CN¥2.00 Billion | 100.00% |
Guangdong Xiongsu Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Xiongsu Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Triductor Technology (Suzhou) Inc.
SHG:688259
|
$626.35 Million |
|
Korea Electric Terminal
KO:025540
|
$626.53 Million |
|
Hangzhou Alltest Biotech Co. Ltd. A
SHG:688606
|
$626.59 Million |
|
BizConf Telecom Co Ltd
SHE:300578
|
$626.68 Million |
|
DATAGROUP SE
F:D6H
|
$626.25 Million |
|
Afcon Holdings Ltd
TA:AFHL
|
$626.16 Million |
|
Xiamen Savings Environmental
SHE:300056
|
$626.14 Million |
|
Aubay Société Anonyme
PA:AUB
|
$626.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Xiongsu Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,251,553,193 to 2,003,644,616, a change of -247,908,577 (-11.0%).
- Net loss of 110,664,994 reduced equity.
- Dividend payments of 73,101,574 reduced retained earnings.
- Share repurchases of 50,019,908 reduced equity.
- Other comprehensive income decreased equity by 105,986,939.
- Other factors increased equity by 91,864,838.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-110.66 Million | -5.52% |
| Dividends Paid | CN¥73.10 Million | -3.65% |
| Share Repurchases | CN¥50.02 Million | -2.5% |
| Other Comprehensive Income | CN¥-105.99 Million | -5.29% |
| Other Changes | CN¥91.86 Million | +4.58% |
| Total Change | CN¥- | -11.01% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Xiongsu Technology Group 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: 2.13x
- 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 6.75x to 2.13x 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¥1.77 | CN¥11.95 | x |
| 2013-12-31 | CN¥2.08 | CN¥11.95 | x |
| 2014-12-31 | CN¥2.39 | CN¥11.95 | x |
| 2015-12-31 | CN¥2.61 | CN¥11.95 | x |
| 2016-12-31 | CN¥2.91 | CN¥11.95 | x |
| 2017-12-31 | CN¥4.19 | CN¥11.95 | x |
| 2018-12-31 | CN¥4.64 | CN¥11.95 | x |
| 2019-12-31 | CN¥5.26 | CN¥11.95 | x |
| 2020-12-31 | CN¥5.73 | CN¥11.95 | x |
| 2021-12-31 | CN¥6.75 | CN¥11.95 | x |
| 2022-12-31 | CN¥6.24 | CN¥11.95 | x |
| 2023-12-31 | CN¥5.88 | CN¥11.95 | x |
| 2024-12-31 | CN¥5.61 | CN¥11.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Xiongsu Technology Group 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): -5.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.74%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.20x
- Recent ROE (-5.52%) is below the historical average (11.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 20.79% | 6.72% | 1.24x | 2.50x | CN¥39.63 Million |
| 2013 | 20.15% | 6.86% | 1.32x | 2.23x | CN¥43.93 Million |
| 2014 | 20.53% | 8.36% | 1.19x | 2.07x | CN¥56.69 Million |
| 2015 | 16.45% | 8.53% | 1.05x | 1.84x | CN¥38.68 Million |
| 2016 | 15.10% | 7.92% | 1.10x | 1.73x | CN¥33.80 Million |
| 2017 | 10.74% | 8.70% | 0.92x | 1.34x | CN¥9.17 Million |
| 2018 | 14.44% | 10.89% | 1.05x | 1.26x | CN¥62.73 Million |
| 2019 | 14.63% | 11.57% | 1.02x | 1.24x | CN¥74.04 Million |
| 2020 | 12.21% | 10.27% | 0.92x | 1.30x | CN¥38.50 Million |
| 2021 | 4.89% | 4.71% | 0.82x | 1.27x | CN¥-116.03 Million |
| 2022 | -0.08% | -0.10% | 0.66x | 1.21x | CN¥-225.04 Million |
| 2023 | 1.19% | 2.07% | 0.49x | 1.18x | CN¥-198.36 Million |
| 2024 | -5.52% | -10.74% | 0.43x | 1.20x | CN¥-311.03 Million |
Industry Comparison
This section compares Guangdong Xiongsu Technology Group Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,355,530,394
- Average return on equity (ROE) among peers: 5.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Xiongsu Technology Group Co Ltd (300599) | CN¥1.98 Billion | 20.79% | 0.14x | $626.25 Million |
| China Fangda Group Co Ltd (000055) | $627.32 Million | 3.71% | 1.22x | $363.04 Million |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $563.75 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $1.31 Billion | 4.44% | 0.58x | $398.96 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $2.07 Billion | 9.74% | 1.57x | $6.46 Billion |
| Yantai Moon Co Ltd (000811) | $492.51 Million | 10.66% | 1.40x | $3.62 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $433.46 Million | 10.62% | 0.79x | $342.14 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.89 Billion | 16.59% | 0.36x | $741.10 Million |
| Everjoy Health Group Co Ltd (002162) | $950.37 Million | 2.56% | 1.39x | $601.58 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $963.77 Million | 1.38% | 1.23x | $363.87 Million |
| Puyang Refractories Group Co Ltd (002225) | $3.52 Billion | 3.83% | 1.35x | $763.35 Million |
About Guangdong Xiongsu Technology Group Co Ltd
Guangdong Xiongsu Technology Group Co., Ltd engages in the production and sale of thermoplastic pipe fittings in China. The company offers polyvinyl chloride (PVC), polyethylene (PE), random copolymer polypropylene (PPR) pipes and fittings, including water supply and drainage pipes and fittings for buildings, municipal water supply and drainage pipes and fittings, plastic pipes and fittings for u… Read more