Guangzhou Baiyun International Airport Co Ltd Net Assets

Latest as of June 2026: CN¥21.01 Billion CNY ≈ $3.07 Billion USD

Guangzhou Baiyun International Airport Co Ltd net assets. Based on the latest financial reports, Guangzhou Baiyun International Airport Co Ltd (600004) has net assets worth CN¥21.01 Billion CNY (≈ $3.07 Billion 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¥30.46 Billion ≈ $4.46 Billion USD) and total liabilities (CN¥9.45 Billion ≈ $1.38 Billion 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 Guangzhou Baiyun International Airport C equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥21.01 Billion
% of Total Assets	68.99%
Annual Growth Rate	13.14%
5-Year Change	14.56%
10-Year Change	95.95%
Growth Volatility	38.96

Net Assets of Guangzhou Baiyun International Airport Co Ltd (2000–2025)

Net assets of Guangzhou Baiyun International Airport Co Ltd from 2000 to 2025. This chart illustrates how Guangzhou Baiyun International Airport Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Guangzhou Baiyun International Airport C to measure how much of total assets are equity-financed.

Annual Net Assets for Guangzhou Baiyun International Airport Co Ltd (2000–2025)

The table below shows the annual net assets of Guangzhou Baiyun International Airport Co Ltd from 2000 to 2025. For live market cap and overall valuation, see how much is Guangzhou Baiyun International Airport C worth.

Year	Net Assets	Change
2025-12-31	CN¥21.31 Billion ≈ $3.12 Billion	+14.61%
2024-12-31	CN¥18.59 Billion ≈ $2.72 Billion	+4.41%
2023-12-31	CN¥17.81 Billion ≈ $2.61 Billion	+2.28%
2022-12-31	CN¥17.41 Billion ≈ $2.55 Billion	-6.41%
2021-12-31	CN¥18.60 Billion ≈ $2.72 Billion	-4.43%
2020-12-31	CN¥19.46 Billion ≈ $2.85 Billion	+18.19%
2019-12-31	CN¥16.47 Billion ≈ $2.41 Billion	+4.61%
2018-12-31	CN¥15.74 Billion ≈ $2.30 Billion	+4.26%
2017-12-31	CN¥15.10 Billion ≈ $2.21 Billion	+38.86%
2016-12-31	CN¥10.87 Billion ≈ $1.59 Billion	+11.27%
2015-12-31	CN¥9.77 Billion ≈ $1.43 Billion	+10.34%
2014-12-31	CN¥8.86 Billion ≈ $1.30 Billion	+10.34%
2013-12-31	CN¥8.03 Billion ≈ $1.17 Billion	+7.41%
2012-12-31	CN¥7.47 Billion ≈ $1.09 Billion	+5.42%
2011-12-31	CN¥7.09 Billion ≈ $1.04 Billion	+4.84%
2010-12-31	CN¥6.76 Billion ≈ $989.37 Million	+5.89%
2009-12-31	CN¥6.39 Billion ≈ $934.38 Million	+5.82%
2008-12-31	CN¥6.03 Billion ≈ $882.99 Million	+5.20%
2007-12-31	CN¥5.74 Billion ≈ $839.37 Million	+31.63%
2006-12-31	CN¥4.36 Billion ≈ $637.69 Million	+4.93%
2005-12-31	CN¥4.15 Billion ≈ $607.73 Million	+0.68%
2004-12-31	CN¥4.12 Billion ≈ $603.61 Million	+6.03%
2003-12-31	CN¥3.89 Billion ≈ $569.27 Million	+201.73%
2002-12-31	CN¥1.29 Billion ≈ $188.67 Million	+14.13%
2001-12-31	CN¥1.13 Billion ≈ $165.31 Million	+16.17%
2000-12-31	CN¥972.49 Million ≈ $142.31 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 608985106614.0% over the analyzed period, indicating profitable operations and earnings retention.

Guangzhou Baiyun International Airport Co Ltd Net Assets Breakdown (December 2025)

Guangzhou Baiyun International Airport Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥6.08 Billion	28.93%
Other Components	CN¥14.94 Billion	71.07%
Total Equity	CN¥21.02 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
LXP Industrial Trust NYSE:LXP	$3.10 Billion
Brederode SA BR:BREB	$3.10 Billion
AllianceBernstein Holding L.P. NYSE:AB	$3.10 Billion
Chengdu Kanghong Pharmaceuticals Group Co Ltd SHE:002773	$3.10 Billion
PNB Housing Finance Limited NSE:PNBHOUSING	$3.10 Billion
Maximus Inc NYSE:MMS	$3.10 Billion
Hengan International Group Company Limited F:HGNC	$3.10 Billion
Tomra Systems ASA OL:TOM	$3.10 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 2024 to 2025, total equity changed from 18,346,520,325 to 21,024,452,012, a change of 2,677,931,687 (14.6%).
Net income of 1,468,348,737 contributed positively to equity growth.
Dividend payments of 371,574,784 reduced retained earnings.
Other factors increased equity by 1,581,157,733.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.47 Billion	+6.98%
Dividends Paid	CN¥371.57 Million	-1.77%
Other Changes	CN¥1.58 Billion	+7.52%
Total Change	CN¥-	14.60%

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: 1.01x
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 13.43x to 1.01x 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¥8.22	x
2001-12-31	CN¥0.72	CN¥8.22	x
2002-12-31	CN¥0.82	CN¥8.22	x
2003-12-31	CN¥2.57	CN¥8.22	x
2004-12-31	CN¥2.70	CN¥8.22	x
2005-12-31	CN¥2.71	CN¥8.22	x
2006-12-31	CN¥2.84	CN¥8.22	x
2007-12-31	CN¥3.83	CN¥8.22	x
2008-12-31	CN¥3.48	CN¥8.22	x
2009-12-31	CN¥3.69	CN¥8.22	x
2010-12-31	CN¥3.92	CN¥8.22	x
2011-12-31	CN¥4.15	CN¥8.22	x
2012-12-31	CN¥4.30	CN¥8.22	x
2013-12-31	CN¥4.65	CN¥8.22	x
2014-12-31	CN¥5.11	CN¥8.22	x
2015-12-31	CN¥5.74	CN¥8.22	x
2016-12-31	CN¥5.56	CN¥8.22	x
2017-12-31	CN¥7.71	CN¥8.22	x
2018-12-31	CN¥7.61	CN¥8.22	x
2019-12-31	CN¥7.87	CN¥8.22	x
2020-12-31	CN¥8.14	CN¥8.22	x
2021-12-31	CN¥7.74	CN¥8.22	x
2022-12-31	CN¥7.26	CN¥8.22	x
2023-12-31	CN¥7.56	CN¥8.22	x
2024-12-31	CN¥7.73	CN¥8.22	x
2025-12-31	CN¥8.16	CN¥8.22	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): 6.98%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.46%
• Asset Turnover: 0.27x
• Equity Multiplier: 1.41x
Recent ROE (6.98%) is below the historical average (9.04%), 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
2025	6.98%	18.46%	0.27x	1.41x	CN¥-634.10 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: $5,455,239,084
Average return on equity (ROE) among peers: 4.85%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangzhou Baiyun International Airport Co Ltd (600004)	CN¥21.01 Billion	21.88%	0.45x	$3.10 Billion
Shenzhen Airport Co Ltd (000089)	$10.70 Billion	-10.51%	1.35x	$2.03 Billion
Shanghai International Airport Co Ltd (600009)	$4.36 Billion	12.52%	0.76x	$9.00 Billion
Xiamen International Airport Co Ltd (600897)	$1.31 Billion	12.54%	0.06x	$870.01 Million

About Guangzhou Baiyun International Airport Co Ltd

SHG:600004 China Airports & Air Services

Market Cap

$3.10 Billion

CN¥21.18 Billion CNY

Market Cap Rank

#4660 Global

#724 in China

Share Price

CN¥8.22

Change (1 day)

+0.00%

52-Week Range

CN¥7.26 - CN¥10.33

All Time High

CN¥23.15