Guoanda Co Ltd (300902) - Net Assets
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. Check 300902 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 300902 total asset value for the complete picture of this company's asset 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 market cap of Guoanda Co Ltd.
| 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 |
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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 |
|---|---|
|
Daesang Corp
KO:001680
|
$459.04 Million |
|
Great Taipei Gas Corp
TW:9908
|
$459.20 Million |
|
ProCredit Holding AG & Co KGaA
XETRA:PCZ
|
$459.41 Million |
|
FLAT GLASS GROUP H YC-25
F:72T
|
$459.61 Million |
|
COSCO SHIPPING Development Co. Ltd.
F:EZ5
|
$458.83 Million |
|
Kaimei Electronic Corp
TW:2375
|
$458.80 Million |
|
Huchems
KO:069260
|
$458.70 Million |
|
International Money Express Inc
NASDAQ:IMXI
|
$458.64 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: 3.90x
- 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 7.74x to 3.90x 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¥17.25 | x |
| 2014-12-31 | CN¥2.50 | CN¥17.25 | x |
| 2015-12-31 | CN¥2.78 | CN¥17.25 | x |
| 2016-12-31 | CN¥2.15 | CN¥17.25 | x |
| 2017-12-31 | CN¥2.62 | CN¥17.25 | x |
| 2018-12-31 | CN¥1.51 | CN¥17.25 | x |
| 2019-12-31 | CN¥2.58 | CN¥17.25 | x |
| 2020-12-31 | CN¥6.52 | CN¥17.25 | x |
| 2021-12-31 | CN¥6.34 | CN¥17.25 | x |
| 2022-12-31 | CN¥6.32 | CN¥17.25 | x |
| 2023-12-31 | CN¥7.59 | CN¥17.25 | x |
| 2024-12-31 | CN¥4.43 | CN¥17.25 | 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: $1,048,114,145
- Average return on equity (ROE) among peers: 11.21%
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 | $458.91 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $828.28 Million | 14.15% | 0.40x | $8.56 Billion |
| Shenzhen Infinova Ltd (002528) | $2.93 Billion | 4.34% | 0.51x | $764.76 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $646.53 Million | 9.94% | 0.36x | $443.88 Million |
| Jade Bird Fire Alarm (002960) | $423.84 Million | 35.51% | 0.60x | $1.39 Billion |
| Beijing Telesound Electronics Co Ltd (003004) | $171.90 Million | 40.68% | 1.32x | $655.73 Million |
| Hangzhou Century Co Ltd (300078) | $1.17 Billion | 7.35% | 0.06x | $572.53 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.28 Billion | -4.05% | 0.12x | $399.13 Million |
| Xiamen Meiya Pico Information (300188) | $1.89 Billion | 9.65% | 0.39x | $1.49 Billion |
| Joyware Electronics Co Ltd (300270) | $600.60 Million | -10.46% | 0.47x | $577.80 Million |
| Chongqing Mas Sci&Tech (300275) | $540.68 Million | 5.01% | 0.61x | $480.46 Million |
About Guoanda Co Ltd
Guoanda Co., Ltd. engages in the research, development, production, and sale of automatic fire extinguishing devices and systems in China. The company offers passenger car, commercial drive, double drive, smoke, non pressure, cabinet dry and cabinet type, power specific, hanging ultra-fine powder, wind based, energy, and heptafluoropropane fire extinguishing systems, as well as hardware accessori… Read more