Guangzhou Baiyun International Airport Co Ltd
Guangzhou Baiyun International Airport Company Limited manages and operates Guangzhou Baiyun International Airport in China. It provides aviation services, including aircraft takeoff and landing, passenger comprehensive services, security checks, and ground support services; and aviation-related extended services, such as commercial site leasing, franchising, ground transportation, advertising, a… Read more
Guangzhou Baiyun International Airport Co Ltd (600004) - Net Assets
Latest net assets as of September 2025: CN¥19.32 Billion CNY
Based on the latest financial reports, Guangzhou Baiyun International Airport Co Ltd (600004) has net assets worth CN¥19.32 Billion 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¥27.88 Billion) and total liabilities (CN¥8.56 Billion). 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¥19.32 Billion |
| % of Total Assets | 69.3% |
| Annual Growth Rate | 13.08% |
| 5-Year Change | -4.48% |
| 10-Year Change | 90.25% |
| Growth Volatility | 39.76 |
Guangzhou Baiyun International Airport Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Guangzhou Baiyun International Airport Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangzhou Baiyun International Airport Co Ltd (2000–2024)
The table below shows the annual net assets of Guangzhou Baiyun International Airport Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥18.59 Billion | +4.41% |
| 2023-12-31 | CN¥17.81 Billion | +2.28% |
| 2022-12-31 | CN¥17.41 Billion | -6.41% |
| 2021-12-31 | CN¥18.60 Billion | -4.43% |
| 2020-12-31 | CN¥19.46 Billion | +18.19% |
| 2019-12-31 | CN¥16.47 Billion | +4.61% |
| 2018-12-31 | CN¥15.74 Billion | +4.26% |
| 2017-12-31 | CN¥15.10 Billion | +38.86% |
| 2016-12-31 | CN¥10.87 Billion | +11.27% |
| 2015-12-31 | CN¥9.77 Billion | +10.34% |
| 2014-12-31 | CN¥8.86 Billion | +10.34% |
| 2013-12-31 | CN¥8.03 Billion | +7.41% |
| 2012-12-31 | CN¥7.47 Billion | +5.42% |
| 2011-12-31 | CN¥7.09 Billion | +4.84% |
| 2010-12-31 | CN¥6.76 Billion | +5.89% |
| 2009-12-31 | CN¥6.39 Billion | +5.82% |
| 2008-12-31 | CN¥6.03 Billion | +5.20% |
| 2007-12-31 | CN¥5.74 Billion | +31.63% |
| 2006-12-31 | CN¥4.36 Billion | +4.93% |
| 2005-12-31 | CN¥4.15 Billion | +0.68% |
| 2004-12-31 | CN¥4.12 Billion | +6.03% |
| 2003-12-31 | CN¥3.89 Billion | +201.73% |
| 2002-12-31 | CN¥1.29 Billion | +14.13% |
| 2001-12-31 | CN¥1.13 Billion | +16.17% |
| 2000-12-31 | CN¥972.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Baiyun International Airport 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 509032714197.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.08 Billion | 27.71% |
| Common Stock | CN¥2.37 Billion | 12.90% |
| Other Components | CN¥10.90 Billion | 59.39% |
| Total Equity | CN¥18.35 Billion | 100.00% |
Guangzhou Baiyun International Airport Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Baiyun International Airport Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Shenling Environmental Systems Co. Ltd.
SHE:301018
|
$1.41 Billion |
|
ANI Pharmaceuticals Inc
NASDAQ:ANIP
|
$1.41 Billion |
|
Kohl's Corporation
NYSE:KSS
|
$1.41 Billion |
|
Perrigo Company PLC
NYSE:PRGO
|
$1.41 Billion |
|
Arcplus Group PLC
SHG:600629
|
$1.41 Billion |
|
IBF Financial Holdings Co Ltd
TW:2889
|
$1.41 Billion |
|
Eternal Materials Co Ltd
TW:1717
|
$1.41 Billion |
|
Sterling Check Corp
NASDAQ:STER
|
$1.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Baiyun International Airport Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,593,268,620 to 18,346,520,325, a change of 753,251,705 (4.3%).
- Net income of 925,847,488 contributed positively to equity growth.
- Dividend payments of 176,139,906 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥925.85 Million | +5.05% |
| Dividends Paid | CN¥176.14 Million | -0.96% |
| Other Changes | CN¥3.54 Million | +0.02% |
| Total Change | CN¥- | 4.28% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Baiyun International Airport 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: 1.19x
- 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 15.03x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.61 | CN¥9.20 | x |
| 2001-12-31 | CN¥0.72 | CN¥9.20 | x |
| 2002-12-31 | CN¥0.82 | CN¥9.20 | x |
| 2003-12-31 | CN¥2.57 | CN¥9.20 | x |
| 2004-12-31 | CN¥2.70 | CN¥9.20 | x |
| 2005-12-31 | CN¥2.71 | CN¥9.20 | x |
| 2006-12-31 | CN¥2.84 | CN¥9.20 | x |
| 2007-12-31 | CN¥3.83 | CN¥9.20 | x |
| 2008-12-31 | CN¥3.48 | CN¥9.20 | x |
| 2009-12-31 | CN¥3.69 | CN¥9.20 | x |
| 2010-12-31 | CN¥3.92 | CN¥9.20 | x |
| 2011-12-31 | CN¥4.15 | CN¥9.20 | x |
| 2012-12-31 | CN¥4.30 | CN¥9.20 | x |
| 2013-12-31 | CN¥4.65 | CN¥9.20 | x |
| 2014-12-31 | CN¥5.11 | CN¥9.20 | x |
| 2015-12-31 | CN¥5.74 | CN¥9.20 | x |
| 2016-12-31 | CN¥5.56 | CN¥9.20 | x |
| 2017-12-31 | CN¥7.71 | CN¥9.20 | x |
| 2018-12-31 | CN¥7.61 | CN¥9.20 | x |
| 2019-12-31 | CN¥7.87 | CN¥9.20 | x |
| 2020-12-31 | CN¥8.14 | CN¥9.20 | x |
| 2021-12-31 | CN¥7.74 | CN¥9.20 | x |
| 2022-12-31 | CN¥7.26 | CN¥9.20 | x |
| 2023-12-31 | CN¥7.56 | CN¥9.20 | x |
| 2024-12-31 | CN¥7.73 | CN¥9.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Baiyun International Airport 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): 5.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.47%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.47x
- Recent ROE (5.05%) is below the historical average (9.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 21.88% | 25.22% | 0.66x | 1.31x | CN¥106.84 Million |
| 2001 | 28.05% | 35.40% | 0.58x | 1.36x | CN¥191.00 Million |
| 2002 | 23.88% | 30.51% | 0.56x | 1.39x | CN¥166.62 Million |
| 2003 | 7.84% | 27.89% | 0.25x | 1.14x | CN¥-81.80 Million |
| 2004 | 7.15% | 19.01% | 0.19x | 1.97x | CN¥-113.09 Million |
| 2005 | 6.31% | 11.70% | 0.27x | 1.97x | CN¥-147.08 Million |
| 2006 | 7.03% | 12.20% | 0.32x | 1.80x | CN¥-123.90 Million |
| 2007 | 6.49% | 13.45% | 0.29x | 1.64x | CN¥-195.53 Million |
| 2008 | 8.31% | 15.93% | 0.34x | 1.54x | CN¥-98.63 Million |
| 2009 | 8.78% | 16.45% | 0.29x | 1.81x | CN¥-75.35 Million |
| 2010 | 8.97% | 15.21% | 0.34x | 1.72x | CN¥-67.56 Million |
| 2011 | 10.15% | 17.13% | 0.38x | 1.55x | CN¥10.11 Million |
| 2012 | 10.42% | 16.11% | 0.46x | 1.40x | CN¥30.48 Million |
| 2013 | 11.58% | 17.41% | 0.52x | 1.29x | CN¥122.15 Million |
| 2014 | 12.81% | 19.68% | 0.50x | 1.30x | CN¥238.57 Million |
| 2015 | 13.09% | 22.24% | 0.46x | 1.29x | CN¥295.78 Million |
| 2016 | 12.95% | 22.60% | 0.35x | 1.65x | CN¥317.18 Million |
| 2017 | 10.63% | 23.60% | 0.30x | 1.50x | CN¥95.16 Million |
| 2018 | 7.23% | 14.58% | 0.29x | 1.73x | CN¥-432.40 Million |
| 2019 | 6.59% | 13.03% | 0.33x | 1.54x | CN¥-554.98 Million |
| 2020 | -1.30% | -4.79% | 0.20x | 1.37x | CN¥-2.18 Billion |
| 2021 | -2.22% | -7.83% | 0.19x | 1.50x | CN¥-2.24 Billion |
| 2022 | -6.23% | -26.98% | 0.15x | 1.57x | CN¥-2.79 Billion |
| 2023 | 2.51% | 6.87% | 0.25x | 1.49x | CN¥-1.32 Billion |
| 2024 | 5.05% | 12.47% | 0.27x | 1.47x | CN¥-908.80 Million |
Industry Comparison
This section compares Guangzhou Baiyun International Airport Co Ltd's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $4,398,577,370
- Average return on equity (ROE) among peers: 13.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Baiyun International Airport Co Ltd (600004) | CN¥19.32 Billion | 21.88% | 0.44x | $1.41 Billion |
| Shenzhen Airport Co Ltd (000089) | $6.86 Billion | 9.58% | 0.34x | $856.79 Million |
| Shanghai International Airport Co Ltd (600009) | $3.91 Billion | 15.19% | 0.06x | $3.79 Billion |
| Xiamen International Airport Co Ltd (600897) | $2.42 Billion | 15.60% | 0.11x | $299.71 Million |