Xiamen Guang Pu Electronics Co Ltd (300632) - Net Assets
Based on the latest financial reports, Xiamen Guang Pu Electronics Co Ltd (300632) has net assets worth CN¥1.73 Billion CNY (≈ $253.24 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¥2.75 Billion ≈ $402.06 Million USD) and total liabilities (CN¥1.02 Billion ≈ $148.82 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. Also explore 300632 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.73 Billion |
| % of Total Assets | 62.98% |
| Annual Growth Rate | 19.18% |
| 5-Year Change | -12.36% |
| 10-Year Change | 505.69% |
| Growth Volatility | 38.11 |
Xiamen Guang Pu Electronics Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Xiamen Guang Pu Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 300632 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Xiamen Guang Pu Electronics Co Ltd (2011–2025)
The table below shows the annual net assets of Xiamen Guang Pu Electronics Co Ltd from 2011 to 2025. For live valuation and market cap data, see 300632 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.73 Billion ≈ $252.76 Million |
-2.35% |
| 2024-12-31 | CN¥1.77 Billion ≈ $258.85 Million |
-8.31% |
| 2023-12-31 | CN¥1.93 Billion ≈ $282.31 Million |
+1.31% |
| 2022-12-31 | CN¥1.90 Billion ≈ $278.65 Million |
-3.38% |
| 2021-12-31 | CN¥1.97 Billion ≈ $288.39 Million |
+2.34% |
| 2020-12-31 | CN¥1.93 Billion ≈ $281.81 Million |
+138.42% |
| 2019-12-31 | CN¥807.74 Million ≈ $118.20 Million |
+28.49% |
| 2018-12-31 | CN¥628.66 Million ≈ $91.99 Million |
+22.25% |
| 2017-12-31 | CN¥514.24 Million ≈ $75.25 Million |
+80.32% |
| 2016-12-31 | CN¥285.17 Million ≈ $41.73 Million |
+17.78% |
| 2015-12-31 | CN¥242.12 Million ≈ $35.43 Million |
+15.78% |
| 2014-12-31 | CN¥209.12 Million ≈ $30.60 Million |
+11.07% |
| 2013-12-31 | CN¥188.27 Million ≈ $27.55 Million |
+18.14% |
| 2012-12-31 | CN¥159.36 Million ≈ $23.32 Million |
+7.60% |
| 2011-12-31 | CN¥148.11 Million ≈ $21.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xiamen Guang Pu Electronics 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 1246.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥543.25 Million | 31.41% |
| Other Components | CN¥1.19 Billion | 68.59% |
| Total Equity | CN¥1.73 Billion | 100.00% |
Xiamen Guang Pu Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Xiamen Guang Pu Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KSL Holdings Bhd
KLSE:5038
|
$786.94 Million |
|
Changzhou Youon Pubilic Bicycle System Co Ltd
SHG:603776
|
$787.17 Million |
|
SmartFinancial, Inc.
NYSE:SMBK
|
$787.21 Million |
|
Jiangsu High Hope International Group Corp
SHG:600981
|
$787.53 Million |
|
Global Top E Commerce Co Ltd
SHE:002640
|
$786.57 Million |
|
Guanghui Logistics Co Ltd
SHG:600603
|
$786.39 Million |
|
Changchun Zhiyuan New Energy Equipment Co. Ltd
SHE:300985
|
$786.03 Million |
|
Sinodata Co Ltd
SHE:002657
|
$785.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Guang Pu Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,768,556,573 to 1,729,630,150, a change of -38,926,423 (-2.2%).
- Net loss of 12,748,830 reduced equity.
- Dividend payments of 38,648,431 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-12.75 Million | -0.74% |
| Dividends Paid | CN¥38.65 Million | -2.23% |
| Other Changes | CN¥12.47 Million | +0.72% |
| Total Change | CN¥- | -2.20% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Guang Pu Electronics 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: 3.11x
- 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 21.92x to 3.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.80 | CN¥17.62 | x |
| 2012-12-31 | CN¥0.89 | CN¥17.62 | x |
| 2013-12-31 | CN¥1.06 | CN¥17.62 | x |
| 2014-12-31 | CN¥1.19 | CN¥17.62 | x |
| 2015-12-31 | CN¥1.38 | CN¥17.62 | x |
| 2016-12-31 | CN¥1.62 | CN¥17.62 | x |
| 2017-12-31 | CN¥2.34 | CN¥17.62 | x |
| 2018-12-31 | CN¥2.67 | CN¥17.62 | x |
| 2019-12-31 | CN¥3.37 | CN¥17.62 | x |
| 2020-12-31 | CN¥7.50 | CN¥17.62 | x |
| 2021-12-31 | CN¥6.34 | CN¥17.62 | x |
| 2022-12-31 | CN¥6.19 | CN¥17.62 | x |
| 2023-12-31 | CN¥6.31 | CN¥17.62 | x |
| 2024-12-31 | CN¥5.79 | CN¥17.62 | x |
| 2025-12-31 | CN¥5.67 | CN¥17.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Guang Pu Electronics 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): -0.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.58%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.51x
- Recent ROE (-0.74%) is below the historical average (11.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 32.48% | 18.80% | 0.82x | 2.10x | CN¥32.40 Million |
| 2012 | 13.91% | 12.29% | 0.66x | 1.73x | CN¥6.22 Million |
| 2013 | 13.56% | 11.23% | 0.69x | 1.74x | CN¥6.64 Million |
| 2014 | 10.39% | 10.28% | 0.60x | 1.69x | CN¥810.25K |
| 2015 | 12.85% | 11.93% | 0.69x | 1.57x | CN¥6.90 Million |
| 2016 | 15.09% | 13.42% | 0.68x | 1.65x | CN¥14.51 Million |
| 2017 | 10.17% | 10.55% | 0.72x | 1.34x | CN¥856.47K |
| 2018 | 19.01% | 15.31% | 0.64x | 1.94x | CN¥56.20 Million |
| 2019 | 21.69% | 17.63% | 0.77x | 1.61x | CN¥93.39 Million |
| 2020 | 7.07% | 14.05% | 0.40x | 1.27x | CN¥-56.18 Million |
| 2021 | 4.10% | 7.95% | 0.40x | 1.28x | CN¥-115.79 Million |
| 2022 | 2.76% | 6.36% | 0.32x | 1.36x | CN¥-137.49 Million |
| 2023 | 4.64% | 9.98% | 0.34x | 1.35x | CN¥-103.31 Million |
| 2024 | 2.95% | 6.51% | 0.34x | 1.35x | CN¥-124.66 Million |
| 2025 | -0.74% | -1.58% | 0.31x | 1.51x | CN¥-185.71 Million |
Industry Comparison
This section compares Xiamen Guang Pu Electronics Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $8,262,047,772
- Average return on equity (ROE) among peers: -4.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Guang Pu Electronics Co Ltd (300632) | CN¥1.73 Billion | 32.48% | 0.59x | $786.87 Million |
| Midea Group Co Ltd (000333) | $45.73 Billion | 22.96% | 1.63x | $86.58 Billion |
| Changhong Meiling Co Ltd (000521) | $2.98 Billion | 6.45% | 1.65x | $646.42 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $7.73 Billion | 25.45% | 2.99x | $33.21 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $19.40 Billion | 14.63% | 2.40x | $3.63 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $212.82 Million |
| Elec-Tech International Co Ltd (002005) | $2.44 Billion | -162.42% | 2.14x | $607.75 Million |
| Zhejiang Supor Co Ltd (002032) | $738.85 Million | 8.55% | 0.84x | $4.93 Billion |
| Vatti Corp Ltd (002035) | $478.65 Million | 25.38% | 1.26x | $604.07 Million |
| CNlight Co Ltd (002076) | $1.00 Billion | 5.66% | 0.43x | $332.71 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.25 Billion | 6.80% | 0.50x | $332.77 Million |
About Xiamen Guang Pu Electronics Co Ltd
Xiamen Guang Pu Electronics Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of LED lighting and key components in China and internationally. The company offers LED lighting products, such as flat panel and bracket lamps, high bay, flood lights, backlit panels, flush mounts, fan and shop lights, exhaust fans, 3D cloudy skylight, atmosphere lamp… Read more