GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
Guangdong Topstrong Living Innovation and Integration Co., Ltd. engages in the production and sale of home furnishing products worldwide. It offers closets and matching furniture, boutique hardware, ecological doors, windows, and security smart locks, as well as roofing engineering. The company was founded in 2002 and is based in Zhongshan, China.
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A (300749) - Net Assets
Latest net assets as of September 2025: CN¥570.23 Million CNY
Based on the latest financial reports, GuangDong Topstrong Living Innovation & Integration Co Ltd Class A (300749) has net assets worth CN¥570.23 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.28 Billion) and total liabilities (CN¥707.49 Million). 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¥570.23 Million |
| % of Total Assets | 44.63% |
| Annual Growth Rate | 9.28% |
| 5-Year Change | -31.73% |
| 10-Year Change | 138.79% |
| Growth Volatility | 33.84 |
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how GuangDong Topstrong Living Innovation & Integration Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GuangDong Topstrong Living Innovation & Integration Co Ltd Class A (2013–2024)
The table below shows the annual net assets of GuangDong Topstrong Living Innovation & Integration Co Ltd Class A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥550.45 Million | -24.77% |
| 2023-12-31 | CN¥731.70 Million | +0.77% |
| 2022-12-31 | CN¥726.12 Million | +2.67% |
| 2021-12-31 | CN¥707.22 Million | -12.29% |
| 2020-12-31 | CN¥806.29 Million | +2.08% |
| 2019-12-31 | CN¥789.87 Million | +6.77% |
| 2018-12-31 | CN¥739.78 Million | +111.86% |
| 2017-12-31 | CN¥349.19 Million | +23.76% |
| 2016-12-31 | CN¥282.16 Million | +22.40% |
| 2015-12-31 | CN¥230.51 Million | +8.92% |
| 2014-12-31 | CN¥211.64 Million | +2.06% |
| 2013-12-31 | CN¥207.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GuangDong Topstrong Living Innovation & Integration Co Ltd Class A'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 36.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥40.58 Million | 7.41% |
| Common Stock | CN¥205.17 Million | 37.48% |
| Other Comprehensive Income | CN¥50.67 Million | 9.26% |
| Other Components | CN¥251.03 Million | 45.86% |
| Total Equity | CN¥547.45 Million | 100.00% |
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A Competitors by Market Cap
The table below lists competitors of GuangDong Topstrong Living Innovation & Integration Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
$513.43 Million |
|
Starhill Global Real Estate Investment Trust
PINK:SGLMF
|
$513.53 Million |
|
Cronos Group Inc
NASDAQ:CRON
|
$513.53 Million |
|
TechMatrix Corporation
PINK:TMTMF
|
$513.62 Million |
|
Jinlong Machinery Electronic
SHE:300032
|
$513.00 Million |
|
Alpha and Omega Semiconductor Ltd
NASDAQ:AOSL
|
$512.72 Million |
|
Xiamen Bank Co Ltd
SHG:601187
|
$512.60 Million |
|
Gansu Golden Glass Technologies Co Ltd
SHE:300093
|
$512.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GuangDong Topstrong Living Innovation & Integration Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 728,698,953 to 547,449,066, a change of -181,249,887 (-24.9%).
- Net loss of 175,213,419 reduced equity.
- Dividend payments of 9,740,216 reduced retained earnings.
- Share repurchases of 2,903,064 reduced equity.
- Other comprehensive income increased equity by 50,666,899.
- Other factors decreased equity by 44,060,087.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-175.21 Million | -32.01% |
| Dividends Paid | CN¥9.74 Million | -1.78% |
| Share Repurchases | CN¥2.90 Million | -0.53% |
| Other Comprehensive Income | CN¥50.67 Million | +9.26% |
| Other Changes | CN¥-44.06 Million | -8.05% |
| Total Change | CN¥- | -24.87% |
Book Value vs Market Value Analysis
This analysis compares GuangDong Topstrong Living Innovation & Integration Co Ltd Class A'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: 13.30x
- 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 26.67x to 13.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.33 | CN¥35.50 | x |
| 2014-12-31 | CN¥1.38 | CN¥35.50 | x |
| 2015-12-31 | CN¥1.49 | CN¥35.50 | x |
| 2016-12-31 | CN¥1.86 | CN¥35.50 | x |
| 2017-12-31 | CN¥2.27 | CN¥35.50 | x |
| 2018-12-31 | CN¥4.45 | CN¥35.50 | x |
| 2019-12-31 | CN¥3.85 | CN¥35.50 | x |
| 2020-12-31 | CN¥3.93 | CN¥35.50 | x |
| 2021-12-31 | CN¥3.42 | CN¥35.50 | x |
| 2022-12-31 | CN¥3.54 | CN¥35.50 | x |
| 2023-12-31 | CN¥3.67 | CN¥35.50 | x |
| 2024-12-31 | CN¥2.67 | CN¥35.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GuangDong Topstrong Living Innovation & Integration Co Ltd Class A 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): -32.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.07%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.43x
- Recent ROE (-32.01%) is below the historical average (2.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.34% | 1.78% | 0.80x | 2.34x | CN¥-13.81 Million |
| 2014 | 2.02% | 0.90% | 0.85x | 2.64x | CN¥-16.90 Million |
| 2015 | 8.19% | 3.28% | 1.02x | 2.45x | CN¥-4.18 Million |
| 2016 | 14.33% | 5.58% | 1.15x | 2.24x | CN¥12.21 Million |
| 2017 | 21.29% | 9.20% | 1.21x | 1.92x | CN¥39.40 Million |
| 2018 | 10.34% | 9.21% | 0.83x | 1.36x | CN¥2.54 Million |
| 2019 | 9.86% | 8.38% | 0.78x | 1.50x | CN¥-1.10 Million |
| 2020 | 2.70% | 2.49% | 0.60x | 1.81x | CN¥-58.89 Million |
| 2021 | -12.09% | -6.53% | 0.79x | 2.33x | CN¥-154.97 Million |
| 2022 | 3.39% | 2.30% | 0.68x | 2.18x | CN¥-48.06 Million |
| 2023 | 2.72% | 1.55% | 0.76x | 2.31x | CN¥-53.02 Million |
| 2024 | -32.01% | -17.07% | 0.77x | 2.43x | CN¥-229.96 Million |
Industry Comparison
This section compares GuangDong Topstrong Living Innovation & Integration Co Ltd Class A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GuangDong Topstrong Living Innovation & Integration Co Ltd Class A (300749) | CN¥570.23 Million | 3.34% | 1.24x | $513.14 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |