Zhejiang Guangsha Co Ltd

SHG:600052 China Real Estate - Development
Market Cap
$484.39 Million
CN¥3.55 Billion CNY
Market Cap Rank
#13320 Global
#3401 in China
Share Price
CN¥4.21
Change (1 day)
-1.64%
52-Week Range
CN¥3.81 - CN¥5.74
All Time High
CN¥9.22
About

Zhejiang Dongwang Times Technology Co., Ltd., together with its subsidiaries, engages in the provision of energy-saving services, and film and television culture solutions in China. It is involved in the energy-saving design, operation, and management of hot water supply systems; and investing in film and television. The company was formerly known as Zhejiang Guangsha Co., Ltd. and changed its na… Read more

Zhejiang Guangsha Co Ltd (600052) - Net Assets

Latest net assets as of September 2025: CN¥2.72 Billion CNY

Based on the latest financial reports, Zhejiang Guangsha Co Ltd (600052) has net assets worth CN¥2.72 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¥2.99 Billion) and total liabilities (CN¥264.54 Million). 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¥2.72 Billion
% of Total Assets 91.15%
Annual Growth Rate 10.07%
5-Year Change -24.26%
10-Year Change 96.78%
Growth Volatility 32.04

Zhejiang Guangsha Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Zhejiang Guangsha 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 Zhejiang Guangsha Co Ltd (1994–2024)

The table below shows the annual net assets of Zhejiang Guangsha Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.56 Billion -13.75%
2023-12-31 CN¥2.97 Billion +0.33%
2022-12-31 CN¥2.96 Billion -12.93%
2021-12-31 CN¥3.40 Billion +0.52%
2020-12-31 CN¥3.38 Billion -6.25%
2019-12-31 CN¥3.61 Billion +47.07%
2018-12-31 CN¥2.45 Billion +6.14%
2017-12-31 CN¥2.31 Billion +12.82%
2016-12-31 CN¥2.05 Billion +57.36%
2015-12-31 CN¥1.30 Billion -35.19%
2014-12-31 CN¥2.01 Billion +9.45%
2013-12-31 CN¥1.83 Billion -14.08%
2012-12-31 CN¥2.13 Billion -13.90%
2011-12-31 CN¥2.48 Billion +19.29%
2010-12-31 CN¥2.08 Billion +7.45%
2009-12-31 CN¥1.93 Billion +28.79%
2008-12-31 CN¥1.50 Billion +26.82%
2007-12-31 CN¥1.18 Billion -5.05%
2006-12-31 CN¥1.25 Billion -18.47%
2005-12-31 CN¥1.53 Billion -8.73%
2004-12-31 CN¥1.68 Billion +2.02%
2003-12-31 CN¥1.64 Billion +1.46%
2002-12-31 CN¥1.62 Billion +9.39%
2001-12-31 CN¥1.48 Billion +64.39%
2000-12-31 CN¥900.46 Million +11.99%
1999-12-31 CN¥804.04 Million +44.55%
1998-12-31 CN¥556.24 Million +19.30%
1997-12-31 CN¥466.27 Million +135.89%
1996-12-31 CN¥197.67 Million +31.70%
1995-12-31 CN¥150.09 Million +4.41%
1994-12-31 CN¥143.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Guangsha 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 569240.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.47 Billion 57.93%
Common Stock CN¥844.19 Million 33.15%
Other Comprehensive Income CN¥407.01 Million 15.99%
Total Equity CN¥2.55 Billion 100.00%

Zhejiang Guangsha Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,956,565,642 to 2,546,218,824, a change of -410,346,818 (-13.9%).
  • Net loss of 366,920,790 reduced equity.
  • Dividend payments of 40,832,977 reduced retained earnings.
  • Other comprehensive income decreased equity by 312,273.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-366.92 Million -14.41%
Dividends Paid CN¥40.83 Million -1.6%
Other Comprehensive Income CN¥-312.27K -0.01%
Other Changes CN¥-2.28 Million -0.09%
Total Change CN¥- -13.88%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Guangsha 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: 1.35x
  • 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 13.51x to 1.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.31 CN¥4.21 x
1995-12-31 CN¥0.33 CN¥4.21 x
1996-12-31 CN¥0.43 CN¥4.21 x
1997-12-31 CN¥1.01 CN¥4.21 x
1998-12-31 CN¥1.13 CN¥4.21 x
1999-12-31 CN¥1.65 CN¥4.21 x
2000-12-31 CN¥1.78 CN¥4.21 x
2001-12-31 CN¥3.09 CN¥4.21 x
2002-12-31 CN¥3.32 CN¥4.21 x
2003-12-31 CN¥3.42 CN¥4.21 x
2004-12-31 CN¥3.46 CN¥4.21 x
2005-12-31 CN¥3.08 CN¥4.21 x
2006-12-31 CN¥2.17 CN¥4.21 x
2007-12-31 CN¥1.43 CN¥4.21 x
2008-12-31 CN¥1.69 CN¥4.21 x
2009-12-31 CN¥2.19 CN¥4.21 x
2010-12-31 CN¥2.42 CN¥4.21 x
2011-12-31 CN¥2.66 CN¥4.21 x
2012-12-31 CN¥2.24 CN¥4.21 x
2013-12-31 CN¥1.97 CN¥4.21 x
2014-12-31 CN¥2.27 CN¥4.21 x
2015-12-31 CN¥1.49 CN¥4.21 x
2016-12-31 CN¥2.35 CN¥4.21 x
2017-12-31 CN¥2.69 CN¥4.21 x
2018-12-31 CN¥2.91 CN¥4.21 x
2019-12-31 CN¥4.14 CN¥4.21 x
2020-12-31 CN¥4.00 CN¥4.21 x
2021-12-31 CN¥3.96 CN¥4.21 x
2022-12-31 CN¥3.58 CN¥4.21 x
2023-12-31 CN¥3.65 CN¥4.21 x
2024-12-31 CN¥3.12 CN¥4.21 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Guangsha 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): -14.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -82.00%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 1.18x
  • Recent ROE (-14.41%) is below the historical average (6.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 19.55% 10.10% 0.89x 2.18x CN¥13.72 Million
1995 29.34% 12.07% 0.99x 2.44x CN¥29.02 Million
1996 24.07% 6.70% 1.78x 2.02x CN¥27.81 Million
1997 16.31% 7.34% 1.47x 1.51x CN¥29.44 Million
1998 15.46% 6.23% 1.23x 2.02x CN¥28.51 Million
1999 9.61% 4.79% 1.04x 1.93x CN¥-2.96 Million
2000 11.68% 5.86% 0.69x 2.91x CN¥13.74 Million
2001 4.98% 17.34% 0.13x 2.13x CN¥-71.41 Million
2002 6.60% 11.05% 0.24x 2.45x CN¥-51.95 Million
2003 2.80% 6.84% 0.15x 2.74x CN¥-113.38 Million
2004 0.93% 2.57% 0.11x 3.15x CN¥-144.66 Million
2005 -12.97% -21.77% 0.16x 3.61x CN¥-325.77 Million
2006 -21.94% -38.60% 0.12x 4.62x CN¥-371.55 Million
2007 16.10% 6.58% 0.27x 9.01x CN¥69.22 Million
2008 24.74% 10.82% 0.38x 6.06x CN¥218.85 Million
2009 22.80% 9.96% 0.52x 4.44x CN¥245.28 Million
2010 6.20% 5.71% 0.28x 3.86x CN¥-78.37 Million
2011 12.42% 15.78% 0.22x 3.63x CN¥55.67 Million
2012 3.13% 3.77% 0.16x 5.16x CN¥-125.79 Million
2013 3.05% 2.90% 0.19x 5.56x CN¥-127.03 Million
2014 10.58% 12.05% 0.19x 4.69x CN¥11.67 Million
2015 -50.43% -28.01% 0.40x 4.51x CN¥-786.21 Million
2016 17.46% 20.55% 0.39x 2.19x CN¥152.76 Million
2017 8.17% 22.95% 0.16x 2.28x CN¥-42.38 Million
2018 4.81% 14.57% 0.12x 2.85x CN¥-127.33 Million
2019 33.98% 1208.05% 0.02x 1.15x CN¥864.64 Million
2020 -1.39% -25.12% 0.05x 1.14x CN¥-384.83 Million
2021 -0.89% -12.67% 0.06x 1.09x CN¥-363.56 Million
2022 -6.84% -91.06% 0.06x 1.21x CN¥-492.74 Million
2023 3.83% 27.75% 0.12x 1.17x CN¥-182.39 Million
2024 -14.41% -82.00% 0.15x 1.18x CN¥-621.54 Million

Industry Comparison

This section compares Zhejiang Guangsha Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Guangsha Co Ltd (600052) CN¥2.72 Billion 19.55% 0.10x $273.51 Million
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million