Guizhou Redstar Developing Co Ltd

SHG:600367 China Chemicals
Market Cap
$1.15 Billion
CN¥8.46 Billion CNY
Market Cap Rank
#8693 Global
#1691 in China
Share Price
CN¥24.80
Change (1 day)
+5.04%
52-Week Range
CN¥12.05 - CN¥25.91
All Time High
CN¥27.83
Categories
Companies in China Chemicals
About

Guizhou RedStar Developing Co.,Ltd. research, develops, produces, and sells barium salts, strontium salts, and manganese-based products in China and internationally. The company offers fine barium sulfate, high-purity manganese sulfate, electrolytic manganese dioxide, battery-grade lithium carbonate, refined thiourea, industrial sulfur, high-purity thiourea, high-purity barium chloride, high-puri… Read more

Guizhou Redstar Developing Co Ltd (600367) - Net Assets

Latest net assets as of September 2025: CN¥2.76 Billion CNY

Based on the latest financial reports, Guizhou Redstar Developing Co Ltd (600367) has net assets worth CN¥2.76 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¥3.31 Billion) and total liabilities (CN¥549.65 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¥2.76 Billion
% of Total Assets 83.37%
Annual Growth Rate 15.12%
5-Year Change 82.46%
10-Year Change 142.18%
Growth Volatility 65.74

Guizhou Redstar Developing Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Guizhou Redstar Developing 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 Guizhou Redstar Developing Co Ltd (1997–2024)

The table below shows the annual net assets of Guizhou Redstar Developing Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.64 Billion +3.70%
2023-12-31 CN¥2.54 Billion +31.44%
2022-12-31 CN¥1.93 Billion +11.76%
2021-12-31 CN¥1.73 Billion +19.78%
2020-12-31 CN¥1.44 Billion +2.06%
2019-12-31 CN¥1.42 Billion +4.95%
2018-12-31 CN¥1.35 Billion +9.66%
2017-12-31 CN¥1.23 Billion +7.72%
2016-12-31 CN¥1.14 Billion +4.90%
2015-12-31 CN¥1.09 Billion -18.18%
2014-12-31 CN¥1.33 Billion +1.78%
2013-12-31 CN¥1.31 Billion -0.58%
2012-12-31 CN¥1.31 Billion +0.93%
2011-12-31 CN¥1.30 Billion +4.64%
2010-12-31 CN¥1.24 Billion +2.40%
2009-12-31 CN¥1.22 Billion -0.49%
2008-12-31 CN¥1.22 Billion +1.74%
2007-12-31 CN¥1.20 Billion +5.30%
2006-12-31 CN¥1.14 Billion +7.11%
2005-12-31 CN¥1.06 Billion +11.16%
2004-12-31 CN¥957.80 Million +13.84%
2003-12-31 CN¥841.32 Million +19.73%
2002-12-31 CN¥702.69 Million +23.73%
2001-12-31 CN¥567.92 Million +350.61%
2000-12-31 CN¥126.03 Million +21.25%
1999-12-31 CN¥103.95 Million +60.00%
1998-12-31 CN¥64.96 Million +10.30%
1997-12-31 CN¥58.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guizhou Redstar Developing 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 119705582000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.20 Billion 50.00%
Common Stock CN¥341.13 Million 14.25%
Other Comprehensive Income CN¥309.20 Million 12.92%
Other Components CN¥546.73 Million 22.84%
Total Equity CN¥2.39 Billion 100.00%

Guizhou Redstar Developing Co Ltd Competitors by Market Cap

The table below lists competitors of Guizhou Redstar Developing Co Ltd ranked by their market capitalization.

Company Market Cap
Jiangsu Nanfang Bearing Co Ltd
SHE:002553
 		$709.60 Million
Luxin Venture Capital Group Co Ltd
SHG:600783
 		$709.65 Million
GRAY TELEVISION A DL-01
F:GCZA
 		$710.37 Million
Blacksky Technology Inc
NYSE:BKSY
 		$711.27 Million
Shenzhen Changhong Tech
SHE:300151
 		$709.30 Million
Biotage AB (publ)
OTCGREY:BITGF
 		$709.17 Million
Jiangsu Shuangxing Color Plastic New Materials Co Ltd
SHE:002585
 		$708.95 Million
Petkim Petrokimya Holding AS
IS:PETKM
 		$708.79 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,310,256,276 to 2,394,122,448, a change of 83,866,172 (3.6%).
  • Net income of 89,081,246 contributed positively to equity growth.
  • Dividend payments of 9,862,082 reduced retained earnings.
  • Other comprehensive income increased equity by 301,783,645.
  • Other factors decreased equity by 297,136,637.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥89.08 Million +3.72%
Dividends Paid CN¥9.86 Million -0.41%
Other Comprehensive Income CN¥301.78 Million +12.61%
Other Changes CN¥-297.14 Million -12.41%
Total Change CN¥- 3.63%

Book Value vs Market Value Analysis

This analysis compares Guizhou Redstar Developing 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: 3.55x
  • 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 123.08x to 3.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.20 CN¥24.80 x
1998-12-31 CN¥0.22 CN¥24.80 x
1999-12-31 CN¥0.36 CN¥24.80 x
2000-12-31 CN¥0.43 CN¥24.80 x
2001-12-31 CN¥1.93 CN¥24.80 x
2002-12-31 CN¥2.17 CN¥24.80 x
2003-12-31 CN¥2.56 CN¥24.80 x
2004-12-31 CN¥2.91 CN¥24.80 x
2005-12-31 CN¥3.23 CN¥24.80 x
2006-12-31 CN¥3.45 CN¥24.80 x
2007-12-31 CN¥3.63 CN¥24.80 x
2008-12-31 CN¥3.62 CN¥24.80 x
2009-12-31 CN¥3.87 CN¥24.80 x
2010-12-31 CN¥3.81 CN¥24.80 x
2011-12-31 CN¥4.04 CN¥24.80 x
2012-12-31 CN¥4.02 CN¥24.80 x
2013-12-31 CN¥3.68 CN¥24.80 x
2014-12-31 CN¥4.37 CN¥24.80 x
2015-12-31 CN¥3.50 CN¥24.80 x
2016-12-31 CN¥3.74 CN¥24.80 x
2017-12-31 CN¥4.02 CN¥24.80 x
2018-12-31 CN¥4.40 CN¥24.80 x
2019-12-31 CN¥4.60 CN¥24.80 x
2020-12-31 CN¥4.74 CN¥24.80 x
2021-12-31 CN¥5.64 CN¥24.80 x
2022-12-31 CN¥5.92 CN¥24.80 x
2023-12-31 CN¥7.86 CN¥24.80 x
2024-12-31 CN¥6.99 CN¥24.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guizhou Redstar Developing 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): 3.72%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.05%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 1.32x
  • Recent ROE (3.72%) is below the historical average (10.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 39.42% 15.84% 1.06x 2.34x CN¥17.33 Million
1998 39.23% 16.44% 0.89x 2.68x CN¥18.99 Million
1999 34.40% 18.15% 0.72x 2.64x CN¥25.36 Million
2000 40.55% 20.25% 0.90x 2.22x CN¥38.50 Million
2001 14.20% 22.45% 0.49x 1.28x CN¥23.72 Million
2002 15.02% 18.91% 0.52x 1.53x CN¥31.84 Million
2003 14.60% 15.78% 0.62x 1.49x CN¥34.34 Million
2004 14.34% 12.97% 0.75x 1.47x CN¥36.90 Million
2005 13.29% 12.03% 0.75x 1.48x CN¥31.04 Million
2006 6.37% 6.01% 0.76x 1.40x CN¥-36.56 Million
2007 5.51% 6.42% 0.61x 1.40x CN¥-47.85 Million
2008 3.16% 3.22% 0.73x 1.35x CN¥-73.01 Million
2009 0.77% 1.21% 0.47x 1.36x CN¥-98.85 Million
2010 2.62% 3.03% 0.64x 1.36x CN¥-81.15 Million
2011 6.68% 6.67% 0.72x 1.40x CN¥-39.04 Million
2012 2.49% 2.59% 0.67x 1.44x CN¥-90.64 Million
2013 0.27% 0.31% 0.60x 1.47x CN¥-116.71 Million
2014 2.06% 2.30% 0.61x 1.48x CN¥-97.05 Million
2015 -18.57% -18.26% 0.65x 1.57x CN¥-292.92 Million
2016 4.28% 3.91% 0.71x 1.55x CN¥-61.21 Million
2017 8.21% 7.15% 0.77x 1.50x CN¥-20.80 Million
2018 9.10% 7.28% 0.84x 1.49x CN¥-11.53 Million
2019 5.58% 4.91% 0.74x 1.53x CN¥-59.31 Million
2020 3.99% 4.00% 0.68x 1.47x CN¥-82.89 Million
2021 17.89% 13.37% 0.94x 1.43x CN¥129.54 Million
2022 12.38% 7.53% 1.00x 1.65x CN¥41.36 Million
2023 1.14% 1.20% 0.70x 1.37x CN¥-204.57 Million
2024 3.72% 4.05% 0.69x 1.32x CN¥-150.33 Million

Industry Comparison

This section compares Guizhou Redstar Developing Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $5,113,169,923
  • Average return on equity (ROE) among peers: 134.71%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guizhou Redstar Developing Co Ltd (600367) CN¥2.76 Billion 39.42% 0.20x $709.52 Million
North Huajin Chemical Industries Co Ltd (000059) $6.02 Billion 6.39% 1.78x $667.34 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $37.47 Billion -6.13% 4.45x $2.93 Billion
Zangge Holding Co Ltd (000408) $77.02 Million 1290.57% 5.02x $11.50 Billion
Sichuan Jinlu Group Co Ltd (000510) $610.23 Million -19.65% 0.75x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $313.50 Million 0.80% 0.55x $406.72 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $222.39 Million
Ningxia Younglight Chemicals Co Ltd (000635) $31.53 Million 19.31% 2.12x $292.93 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $527.87 Million 11.23% 0.11x $184.51 Million
Shenyang Chemical Industry Co Ltd (000698) $3.87 Billion 4.85% 1.49x $239.27 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $2.15 Billion 0.42% 2.92x $403.51 Million