ShenZhen GAD Environmental Technology Co. Ltd. (300854) - Net Assets
Based on the latest financial reports, ShenZhen GAD Environmental Technology Co. Ltd. (300854) has net assets worth CN¥911.77 Million CNY (≈ $133.42 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.44 Billion ≈ $210.96 Million USD) and total liabilities (CN¥529.90 Million ≈ $77.54 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. See 300854 equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥911.77 Million |
| % of Total Assets | 63.24% |
| Annual Growth Rate | 8.08% |
| 5-Year Change | -7.34% |
| 10-Year Change | N/A |
| Growth Volatility | 18.29 |
ShenZhen GAD Environmental Technology Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how ShenZhen GAD Environmental Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ShenZhen GAD Environmental Technology Co (300854) market capitalisation.
Annual Net Assets for ShenZhen GAD Environmental Technology Co. Ltd. (2019–2025)
The table below shows the annual net assets of ShenZhen GAD Environmental Technology Co. Ltd. from 2019 to 2025. Also explore ShenZhen GAD Environmental Technology Co (300854) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥906.91 Million ≈ $132.71 Million |
-10.37% |
| 2024-12-31 | CN¥1.01 Billion ≈ $148.07 Million |
+0.85% |
| 2023-12-31 | CN¥1.00 Billion ≈ $146.82 Million |
+1.63% |
| 2022-12-31 | CN¥987.25 Million ≈ $144.47 Million |
+0.87% |
| 2021-12-31 | CN¥978.70 Million ≈ $143.22 Million |
+46.01% |
| 2020-12-31 | CN¥670.29 Million ≈ $98.08 Million |
+17.79% |
| 2019-12-31 | CN¥569.06 Million ≈ $83.27 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ShenZhen GAD Environmental Technology 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 53.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥267.62 Million | 30.03% |
| Other Components | CN¥623.61 Million | 69.97% |
| Total Equity | CN¥891.23 Million | 100.00% |
ShenZhen GAD Environmental Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of ShenZhen GAD Environmental Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maoming Petro-Chemical Shihua Co Ltd
SHE:000637
|
$312.66 Million |
|
Polaris Media
OL:POL
|
$312.70 Million |
|
Yangzhou Chenhua New Material Co Ltd
SHE:300610
|
$312.83 Million |
|
SHANDONG HI-SP.G.HD-0001
F:HRI
|
$312.97 Million |
|
Republic Digital Acquisition Company Class A Ordinary Shares
NASDAQ:RDAG
|
$312.60 Million |
|
Precious Shipping Public Company Limited
BK:PSL-R
|
$312.37 Million |
|
Legato Merger Corp. IV
NASDAQ:LEGO
|
$312.35 Million |
|
Korea Ratings Co. Ltd
KQ:034950
|
$312.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ShenZhen GAD Environmental Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 990,766,595 to 891,229,476, a change of -99,537,119 (-10.0%).
- Net loss of 86,748,785 reduced equity.
- Dividend payments of 12,161,063 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-86.75 Million | -9.73% |
| Dividends Paid | CN¥12.16 Million | -1.36% |
| Other Changes | CN¥-627.27K | -0.07% |
| Total Change | CN¥- | -10.05% |
Book Value vs Market Value Analysis
This analysis compares ShenZhen GAD Environmental Technology 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: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.02x to 2.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥7.55 | CN¥15.28 | x |
| 2020-12-31 | CN¥8.74 | CN¥15.28 | x |
| 2021-12-31 | CN¥9.58 | CN¥15.28 | x |
| 2022-12-31 | CN¥6.94 | CN¥15.28 | x |
| 2023-12-31 | CN¥6.96 | CN¥15.28 | x |
| 2024-12-31 | CN¥7.00 | CN¥15.28 | x |
| 2025-12-31 | CN¥6.36 | CN¥15.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ShenZhen GAD Environmental Technology 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): -9.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.00%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.64x
- Recent ROE (-9.73%) is below the historical average (5.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 14.28% | 11.72% | 0.64x | 1.92x | CN¥24.03 Million |
| 2020 | 15.25% | 14.38% | 0.61x | 1.75x | CN¥34.07 Million |
| 2021 | 10.73% | 14.56% | 0.46x | 1.61x | CN¥6.89 Million |
| 2022 | 2.92% | 3.89% | 0.46x | 1.65x | CN¥-68.10 Million |
| 2023 | 2.09% | 2.45% | 0.48x | 1.78x | CN¥-77.63 Million |
| 2024 | 1.32% | 2.03% | 0.38x | 1.71x | CN¥-85.98 Million |
| 2025 | -9.73% | -17.00% | 0.35x | 1.64x | CN¥-175.87 Million |
Industry Comparison
This section compares ShenZhen GAD Environmental Technology Co. Ltd.'s net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $1,939,322,129
- Average return on equity (ROE) among peers: 4.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ShenZhen GAD Environmental Technology Co. Ltd. (300854) | CN¥911.77 Million | 14.28% | 0.58x | $312.62 Million |
| Central Plains Environment Protection Co Ltd (000544) | $6.86 Billion | 7.23% | 1.36x | $1.04 Billion |
| Shenwu Energy Saving Co Ltd (000820) | $492.33 Million | -23.94% | 2.54x | $333.98 Million |
| Hebei Sailhero Environmental (300137) | $2.12 Billion | 3.36% | 0.18x | $902.97 Million |
| Xiongan Kerong Environment Technology Co Ltd (300152) | $665.38 Million | 1.95% | 0.79x | $174.19 Million |
| Nanjing CEC Environmental Protect (300172) | $1.14 Billion | 9.55% | 0.51x | $442.64 Million |
| Shanghai Canature Environmental (300272) | $1.36 Billion | 4.11% | 1.70x | $503.76 Million |
| Suzhou TA&A Ultra Clean Technology Co Ltd (300390) | $98.63 Million | 18.23% | 0.65x | $6.59 Billion |
| Scimee Sci &Tech Co Ltd (300425) | $375.96 Million | 15.78% | 0.34x | $395.33 Million |
| Penyao Environmental Protection Co Ltd Class A (300664) | $4.33 Billion | 3.67% | 0.86x | $513.48 Million |
About ShenZhen GAD Environmental Technology Co. Ltd.
ShenZhen GAD Environmental Technology Co., Ltd. offers solid waste treatment services. The company operates through Pollution Isolation Systems, Ecological Environment Restoration, Utilization of Renewable Resources, and Comprehensive Landfill Operation segments. It engages in construction of engineering projects; and industrial solid waste disposal. ShenZhen GAD Environmental Technology Co., Ltd… Read more