Guoanda Co Ltd (300902) - Net Assets

Latest as of September 2025: CN¥827.70 Million CNY ≈ $121.12 Million USD

Based on the latest financial reports, Guoanda Co Ltd (300902) has net assets worth CN¥827.70 Million CNY (≈ $121.12 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¥954.80 Million ≈ $139.72 Million USD) and total liabilities (CN¥127.10 Million ≈ $18.60 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 total assets of Guoanda Co Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥827.70 Million
% of Total Assets	86.69%
Annual Growth Rate	17.66%
5-Year Change	-1.56%
10-Year Change	364.19%
Growth Volatility	41.89

Guoanda Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Guoanda Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Guoanda Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Guoanda Co Ltd (2013–2024)

The table below shows the annual net assets of Guoanda Co Ltd from 2013 to 2024. For live valuation and market cap data, see Guoanda Co Ltd (300902) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥824.92 Million ≈ $120.71 Million	-10.35%
2023-12-31	CN¥920.19 Million ≈ $134.65 Million	+12.90%
2022-12-31	CN¥815.05 Million ≈ $119.27 Million	-0.07%
2021-12-31	CN¥815.61 Million ≈ $119.35 Million	-2.67%
2020-12-31	CN¥838.01 Million ≈ $122.63 Million	+151.44%
2019-12-31	CN¥333.29 Million ≈ $48.77 Million	+22.76%
2018-12-31	CN¥271.50 Million ≈ $39.73 Million	+9.94%
2017-12-31	CN¥246.96 Million ≈ $36.14 Million	+18.16%
2016-12-31	CN¥209.00 Million ≈ $30.58 Million	+17.61%
2015-12-31	CN¥177.71 Million ≈ $26.00 Million	+13.96%
2014-12-31	CN¥155.94 Million ≈ $22.82 Million	+13.12%
2013-12-31	CN¥137.85 Million ≈ $20.17 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Guoanda 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 322.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥192.33 Million	23.49%
Common Stock	CN¥183.13 Million	22.36%
Other Components	CN¥443.42 Million	54.15%
Total Equity	CN¥818.87 Million	100.00%

Guoanda Co Ltd Competitors by Market Cap

The table below lists competitors of Guoanda Co Ltd ranked by their market capitalization.

Company	Market Cap
Ratos AB (publ) ST:RATO-A	$344.29 Million
Advancetek Enterprise Co Ltd TW:1442	$344.40 Million
Rotshtein TA:ROTS	$344.45 Million
European Lithium Ltd AU:EUR	$344.65 Million
Qingdao Foods Co Ltd SHE:001219	$344.10 Million
Dimerco Express TWO:5609	$344.09 Million
Chongqing Sanxia Paints Co Ltd SHE:000565	$343.89 Million
Bhansali Engineering Polymers Limited NSE:BEPL	$343.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guoanda Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 916,843,760 to 818,873,000, a change of -97,970,760 (-10.7%).
Net loss of 22,191,414 reduced equity.
Dividend payments of 39,246,175 reduced retained earnings.
Share repurchases of 30,047,563 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-22.19 Million	-2.71%
Dividends Paid	CN¥39.25 Million	-4.79%
Share Repurchases	CN¥30.05 Million	-3.67%
Other Changes	CN¥-6.49 Million	-0.79%
Total Change	CN¥-	-10.69%

Book Value vs Market Value Analysis

This analysis compares Guoanda 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: 2.92x
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 5.81x to 2.92x 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¥2.23	CN¥12.94	x
2014-12-31	CN¥2.50	CN¥12.94	x
2015-12-31	CN¥2.78	CN¥12.94	x
2016-12-31	CN¥2.15	CN¥12.94	x
2017-12-31	CN¥2.62	CN¥12.94	x
2018-12-31	CN¥1.51	CN¥12.94	x
2019-12-31	CN¥2.58	CN¥12.94	x
2020-12-31	CN¥6.52	CN¥12.94	x
2021-12-31	CN¥6.34	CN¥12.94	x
2022-12-31	CN¥6.32	CN¥12.94	x
2023-12-31	CN¥7.59	CN¥12.94	x
2024-12-31	CN¥4.43	CN¥12.94	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guoanda 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): -2.71%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -7.22%
• Asset Turnover: 0.33x
• Equity Multiplier: 1.15x
Recent ROE (-2.71%) is below the historical average (11.61%), 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	17.47%	19.39%	0.69x	1.31x	CN¥10.29 Million
2014	10.42%	13.69%	0.55x	1.39x	CN¥648.91K
2015	12.60%	17.97%	0.51x	1.38x	CN¥4.60 Million
2016	21.11%	25.99%	0.62x	1.32x	CN¥23.09 Million
2017	17.86%	22.89%	0.59x	1.32x	CN¥19.34 Million
2018	23.23%	26.87%	0.65x	1.33x	CN¥35.79 Million
2019	22.55%	26.88%	0.66x	1.27x	CN¥41.50 Million
2020	7.44%	22.52%	0.30x	1.11x	CN¥-21.38 Million
2021	3.26%	10.43%	0.27x	1.14x	CN¥-54.74 Million
2022	1.87%	5.70%	0.28x	1.16x	CN¥-65.73 Million
2023	4.21%	10.35%	0.35x	1.15x	CN¥-53.06 Million
2024	-2.71%	-7.22%	0.33x	1.15x	CN¥-104.08 Million

Industry Comparison

This section compares Guoanda Co Ltd's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

Industry: Security & Protection Services
Average net assets among peers: $4,365,446,791
Average return on equity (ROE) among peers: 8.59%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guoanda Co Ltd (300902)	CN¥827.70 Million	17.47%	0.15x	$344.25 Million
Zhejiang Dahua Technology Co Ltd (002236)	$35.88 Billion	20.52%	0.47x	$7.81 Billion
Shenzhen Infinova Ltd (002528)	$2.32 Billion	-62.06%	1.62x	$780.55 Million
Shenzhen TVT Digital Technology Co Ltd (002835)	$751.74 Million	9.40%	0.46x	$361.02 Million
Jade Bird Fire Alarm (002960)	$125.88 Million	42.00%	1.07x	$1.25 Billion
Beijing Telesound Electronics Co Ltd (003004)	$92.27 Million	16.55%	0.95x	$688.43 Million
Hangzhou Century Co Ltd (300078)	$1.30 Billion	10.81%	0.88x	$448.21 Million
Guangdong Anjubao Digital Tech (300155)	$1.35 Billion	7.76%	0.28x	$311.25 Million
Xiamen Meiya Pico Information (300188)	$976.71 Million	11.73%	0.35x	$1.24 Billion
Joyware Electronics Co Ltd (300270)	$792.86 Million	-14.60%	0.36x	$416.51 Million
Chongqing Mas Sci&Tech (300275)	$58.16 Million	43.75%	0.66x	$342.99 Million

About Guoanda Co Ltd

SHE:300902 China Security & Protection Services

Market Cap

$344.25 Million

CN¥2.35 Billion CNY

Market Cap Rank

#13967 Global

#4057 in China

Share Price

CN¥12.94

Change (1 day)

-3.79%

52-Week Range

CN¥12.94 - CN¥32.38

All Time High

CN¥42.65