Guizhou Redstar Developing Co Ltd (600367) - Net Assets
Based on the latest financial reports, Guizhou Redstar Developing Co Ltd (600367) has net assets worth CN¥2.77 Billion CNY (≈ $405.03 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.34 Billion ≈ $488.72 Million USD) and total liabilities (CN¥571.93 Million ≈ $83.69 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 tangible net worth ratio of Guizhou Redstar Developing Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.77 Billion |
| % of Total Assets | 82.88% |
| Annual Growth Rate | 14.69% |
| 5-Year Change | 58.05% |
| 10-Year Change | 139.54% |
| Growth Volatility | 64.65 |
Guizhou Redstar Developing Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Guizhou Redstar Developing Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600367 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Guizhou Redstar Developing Co Ltd (1997–2025)
The table below shows the annual net assets of Guizhou Redstar Developing Co Ltd from 1997 to 2025. For live valuation and market cap data, see Guizhou Redstar Developing Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.74 Billion ≈ $400.28 Million |
+3.76% |
| 2024-12-31 | CN¥2.64 Billion ≈ $385.78 Million |
+3.70% |
| 2023-12-31 | CN¥2.54 Billion ≈ $372.02 Million |
+31.44% |
| 2022-12-31 | CN¥1.93 Billion ≈ $283.04 Million |
+11.76% |
| 2021-12-31 | CN¥1.73 Billion ≈ $253.26 Million |
+19.78% |
| 2020-12-31 | CN¥1.44 Billion ≈ $211.43 Million |
+2.06% |
| 2019-12-31 | CN¥1.42 Billion ≈ $207.17 Million |
+4.95% |
| 2018-12-31 | CN¥1.35 Billion ≈ $197.40 Million |
+9.66% |
| 2017-12-31 | CN¥1.23 Billion ≈ $180.01 Million |
+7.72% |
| 2016-12-31 | CN¥1.14 Billion ≈ $167.10 Million |
+4.90% |
| 2015-12-31 | CN¥1.09 Billion ≈ $159.29 Million |
-18.18% |
| 2014-12-31 | CN¥1.33 Billion ≈ $194.68 Million |
+1.78% |
| 2013-12-31 | CN¥1.31 Billion ≈ $191.27 Million |
-0.58% |
| 2012-12-31 | CN¥1.31 Billion ≈ $192.39 Million |
+0.93% |
| 2011-12-31 | CN¥1.30 Billion ≈ $190.61 Million |
+4.64% |
| 2010-12-31 | CN¥1.24 Billion ≈ $182.16 Million |
+2.40% |
| 2009-12-31 | CN¥1.22 Billion ≈ $177.89 Million |
-0.49% |
| 2008-12-31 | CN¥1.22 Billion ≈ $178.76 Million |
+1.74% |
| 2007-12-31 | CN¥1.20 Billion ≈ $175.71 Million |
+5.30% |
| 2006-12-31 | CN¥1.14 Billion ≈ $166.87 Million |
+7.11% |
| 2005-12-31 | CN¥1.06 Billion ≈ $155.79 Million |
+11.16% |
| 2004-12-31 | CN¥957.80 Million ≈ $140.16 Million |
+13.84% |
| 2003-12-31 | CN¥841.32 Million ≈ $123.11 Million |
+19.73% |
| 2002-12-31 | CN¥702.69 Million ≈ $102.83 Million |
+23.73% |
| 2001-12-31 | CN¥567.92 Million ≈ $83.10 Million |
+350.61% |
| 2000-12-31 | CN¥126.03 Million ≈ $18.44 Million |
+21.25% |
| 1999-12-31 | CN¥103.95 Million ≈ $15.21 Million |
+60.00% |
| 1998-12-31 | CN¥64.96 Million ≈ $9.51 Million |
+10.30% |
| 1997-12-31 | CN¥58.90 Million ≈ $8.62 Million |
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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 126427123256.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.26 Billion | 51.42% |
| Other Components | CN¥1.19 Billion | 48.58% |
| Total Equity | CN¥2.46 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 |
|---|---|
|
Shenzhen Hymson Laser Intelligent Equipments Co Ltd
SHG:688559
|
$2.82 Billion |
|
Diebold Nixdorf, Incorporated
NYSE:DBD
|
$2.83 Billion |
|
PNB Housing Finance Limited
NSE:PNBHOUSING
|
$2.83 Billion |
|
Black Stone Minerals LP
NYSE:BSM
|
$2.83 Billion |
|
Valeo SA
PA:FR
|
$2.82 Billion |
|
The Cheesecake Factory
NASDAQ:CAKE
|
$2.82 Billion |
|
MultiChoice Group Ltd
JSE:MCG
|
$2.82 Billion |
|
Acadia Realty Trust
NYSE:AKR
|
$2.82 Billion |
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 2024 to 2025, total equity changed from 2,394,122,448 to 2,458,572,333, a change of 64,449,885 (2.7%).
- Net income of 92,829,696 contributed positively to equity growth.
- Dividend payments of 18,352,692 reduced retained earnings.
- Other comprehensive income decreased equity by 309,204,897.
- Other factors increased equity by 299,177,777.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥92.83 Million | +3.78% |
| Dividends Paid | CN¥18.35 Million | -0.75% |
| Other Comprehensive Income | CN¥-309.20 Million | -12.58% |
| Other Changes | CN¥299.18 Million | +12.17% |
| Total Change | CN¥- | 2.69% |
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: 7.85x
- 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 280.71x to 7.85x 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¥56.56 | x |
| 1998-12-31 | CN¥0.22 | CN¥56.56 | x |
| 1999-12-31 | CN¥0.36 | CN¥56.56 | x |
| 2000-12-31 | CN¥0.43 | CN¥56.56 | x |
| 2001-12-31 | CN¥1.93 | CN¥56.56 | x |
| 2002-12-31 | CN¥2.17 | CN¥56.56 | x |
| 2003-12-31 | CN¥2.56 | CN¥56.56 | x |
| 2004-12-31 | CN¥2.91 | CN¥56.56 | x |
| 2005-12-31 | CN¥3.23 | CN¥56.56 | x |
| 2006-12-31 | CN¥3.45 | CN¥56.56 | x |
| 2007-12-31 | CN¥3.63 | CN¥56.56 | x |
| 2008-12-31 | CN¥3.62 | CN¥56.56 | x |
| 2009-12-31 | CN¥3.87 | CN¥56.56 | x |
| 2010-12-31 | CN¥3.81 | CN¥56.56 | x |
| 2011-12-31 | CN¥4.04 | CN¥56.56 | x |
| 2012-12-31 | CN¥4.02 | CN¥56.56 | x |
| 2013-12-31 | CN¥3.68 | CN¥56.56 | x |
| 2014-12-31 | CN¥4.20 | CN¥56.56 | x |
| 2015-12-31 | CN¥3.50 | CN¥56.56 | x |
| 2016-12-31 | CN¥3.74 | CN¥56.56 | x |
| 2017-12-31 | CN¥3.99 | CN¥56.56 | x |
| 2018-12-31 | CN¥4.40 | CN¥56.56 | x |
| 2019-12-31 | CN¥4.66 | CN¥56.56 | x |
| 2020-12-31 | CN¥4.76 | CN¥56.56 | x |
| 2021-12-31 | CN¥5.59 | CN¥56.56 | x |
| 2022-12-31 | CN¥5.98 | CN¥56.56 | x |
| 2023-12-31 | CN¥7.86 | CN¥56.56 | x |
| 2024-12-31 | CN¥6.99 | CN¥56.56 | x |
| 2025-12-31 | CN¥7.21 | CN¥56.56 | 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): 3.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.35%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.34x
- Recent ROE (3.78%) is below the historical average (10.57%), 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% | 11.56% | 1.08x | 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 |
| 2025 | 3.78% | 4.35% | 0.65x | 1.34x | CN¥-153.03 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: $4,238,970,200
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guizhou Redstar Developing Co Ltd (600367) | CN¥2.77 Billion | 39.42% | 0.21x | $2.82 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $14.98 Billion | 0.47% | 1.13x | $940.88 Million |
| Sichuan Chemical Co Ltd (000155) | $505.75 Million | 22.40% | 1.18x | $3.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.69 Billion | 5.91% | 0.33x | $11.21 Billion |
| Zangge Holding Co Ltd (000408) | $6.53 Billion | 18.58% | 0.19x | $17.56 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $754.79 Million | 9.90% | 0.56x | $2.10 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $2.05 Billion | 4.97% | 0.52x | $348.02 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $674.19 Million | 1.08% | 0.85x | $891.94 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.90 Billion | 3.79% | 0.15x | $376.61 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $771.01 Million | 16.41% | 0.10x | $286.04 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $10.53 Billion | 6.76% | 1.09x | $3.42 Billion |
About Guizhou Redstar Developing Co Ltd
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