Guangdong Guanhao High-Tech Co Ltd (600433) - Net Assets
Based on the latest financial reports, Guangdong Guanhao High-Tech Co Ltd (600433) has net assets worth CN¥6.01 Billion CNY (≈ $879.47 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.86 Billion ≈ $1.74 Billion USD) and total liabilities (CN¥5.85 Billion ≈ $856.38 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 Guangdong Guanhao High-Tech Co Ltd (600433) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.01 Billion |
| % of Total Assets | 50.67% |
| Annual Growth Rate | 17.69% |
| 5-Year Change | 123.63% |
| 10-Year Change | 155.63% |
| Growth Volatility | 54.2 |
Guangdong Guanhao High-Tech Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Guangdong Guanhao High-Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600433 asset base for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Guanhao High-Tech Co Ltd (2000–2024)
The table below shows the annual net assets of Guangdong Guanhao High-Tech Co Ltd from 2000 to 2024. For live valuation and market cap data, see 600433 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.27 Billion ≈ $917.27 Million |
+1.66% |
| 2023-12-31 | CN¥6.17 Billion ≈ $902.27 Million |
-14.08% |
| 2022-12-31 | CN¥7.18 Billion ≈ $1.05 Billion |
+3.87% |
| 2021-12-31 | CN¥6.91 Billion ≈ $1.01 Billion |
+146.48% |
| 2020-12-31 | CN¥2.80 Billion ≈ $410.17 Million |
+5.15% |
| 2019-12-31 | CN¥2.67 Billion ≈ $390.08 Million |
+1.33% |
| 2018-12-31 | CN¥2.63 Billion ≈ $384.96 Million |
+3.56% |
| 2017-12-31 | CN¥2.54 Billion ≈ $371.73 Million |
-0.12% |
| 2016-12-31 | CN¥2.54 Billion ≈ $372.19 Million |
+3.72% |
| 2015-12-31 | CN¥2.45 Billion ≈ $358.83 Million |
+38.33% |
| 2014-12-31 | CN¥1.77 Billion ≈ $259.40 Million |
+5.87% |
| 2013-12-31 | CN¥1.67 Billion ≈ $245.02 Million |
+5.18% |
| 2012-12-31 | CN¥1.59 Billion ≈ $232.96 Million |
+12.52% |
| 2011-12-31 | CN¥1.41 Billion ≈ $207.05 Million |
+111.55% |
| 2010-12-31 | CN¥668.83 Million ≈ $97.87 Million |
+0.10% |
| 2009-12-31 | CN¥668.15 Million ≈ $97.77 Million |
+70.45% |
| 2008-12-31 | CN¥391.98 Million ≈ $57.36 Million |
-5.74% |
| 2007-12-31 | CN¥415.86 Million ≈ $60.85 Million |
+0.36% |
| 2006-12-31 | CN¥414.38 Million ≈ $60.64 Million |
+0.24% |
| 2005-12-31 | CN¥413.40 Million ≈ $60.49 Million |
-1.26% |
| 2004-12-31 | CN¥418.66 Million ≈ $61.26 Million |
-1.33% |
| 2003-12-31 | CN¥424.30 Million ≈ $62.09 Million |
+212.13% |
| 2002-12-31 | CN¥135.94 Million ≈ $19.89 Million |
+0.16% |
| 2001-12-31 | CN¥135.73 Million ≈ $19.86 Million |
+8.06% |
| 2000-12-31 | CN¥125.61 Million ≈ $18.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Guanhao High-Tech 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 10102.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.85 Billion | 39.76% |
| Common Stock | CN¥1.76 Billion | 37.92% |
| Other Comprehensive Income | CN¥-846.59 Million | -18.24% |
| Other Components | CN¥1.88 Billion | 40.56% |
| Total Equity | CN¥4.64 Billion | 100.00% |
Guangdong Guanhao High-Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Guanhao High-Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Cogeneration Group Co Ltd
SHG:605011
|
$1.29 Billion |
|
VIX Securities JSC
VN:VIX
|
$1.29 Billion |
|
Ardent Health Partners, Inc.
NYSE:ARDT
|
$1.29 Billion |
|
Compagnie des Alpes S.A.
PA:CDA
|
$1.29 Billion |
|
Cobram Estate Olives Ltd
AU:CBO
|
$1.29 Billion |
|
Shanghai Jinqiao Export Processing Zone Development Co Ltd A
SHG:600639
|
$1.29 Billion |
|
HUANLEJIA Food Group Co. Ltd.
SHE:300997
|
$1.29 Billion |
|
Indian Energy Exchange Limited
NSE:IEX
|
$1.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Guanhao High-Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,471,797,582 to 4,641,488,151, a change of 169,690,569 (3.8%).
- Net income of 183,717,103 contributed positively to equity growth.
- Dividend payments of 77,976,538 reduced retained earnings.
- Share repurchases of 105,801,333 reduced equity.
- Other comprehensive income increased equity by 38,024,049.
- Other factors increased equity by 131,727,288.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥183.72 Million | +3.96% |
| Dividends Paid | CN¥77.98 Million | -1.68% |
| Share Repurchases | CN¥105.80 Million | -2.28% |
| Other Comprehensive Income | CN¥38.02 Million | +0.82% |
| Other Changes | CN¥131.73 Million | +2.84% |
| Total Change | CN¥- | 3.79% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Guanhao High-Tech 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: 1.99x
- 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 26.81x to 1.99x 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¥0.19 | CN¥5.04 | x |
| 2001-12-31 | CN¥0.20 | CN¥5.04 | x |
| 2002-12-31 | CN¥0.20 | CN¥5.04 | x |
| 2003-12-31 | CN¥0.64 | CN¥5.04 | x |
| 2004-12-31 | CN¥0.63 | CN¥5.04 | x |
| 2005-12-31 | CN¥0.62 | CN¥5.04 | x |
| 2006-12-31 | CN¥0.62 | CN¥5.04 | x |
| 2007-12-31 | CN¥0.56 | CN¥5.04 | x |
| 2008-12-31 | CN¥0.56 | CN¥5.04 | x |
| 2009-12-31 | CN¥0.79 | CN¥5.04 | x |
| 2010-12-31 | CN¥0.69 | CN¥5.04 | x |
| 2011-12-31 | CN¥1.41 | CN¥5.04 | x |
| 2012-12-31 | CN¥1.34 | CN¥5.04 | x |
| 2013-12-31 | CN¥1.42 | CN¥5.04 | x |
| 2014-12-31 | CN¥1.01 | CN¥5.04 | x |
| 2015-12-31 | CN¥1.99 | CN¥5.04 | x |
| 2016-12-31 | CN¥2.10 | CN¥5.04 | x |
| 2017-12-31 | CN¥1.92 | CN¥5.04 | x |
| 2018-12-31 | CN¥2.17 | CN¥5.04 | x |
| 2019-12-31 | CN¥2.14 | CN¥5.04 | x |
| 2020-12-31 | CN¥2.26 | CN¥5.04 | x |
| 2021-12-31 | CN¥2.89 | CN¥5.04 | x |
| 2022-12-31 | CN¥2.92 | CN¥5.04 | x |
| 2023-12-31 | CN¥2.90 | CN¥5.04 | x |
| 2024-12-31 | CN¥2.53 | CN¥5.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Guanhao High-Tech 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): 3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.42%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.42x
- Recent ROE (3.96%) is below the historical average (5.85%), 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 | 15.22% | 6.56% | 0.60x | 3.89x | CN¥6.46 Million |
| 2001 | 18.69% | 8.23% | 0.97x | 2.34x | CN¥11.63 Million |
| 2002 | 17.20% | 6.75% | 0.95x | 2.69x | CN¥9.63 Million |
| 2003 | 5.72% | 6.79% | 0.66x | 1.28x | CN¥-18.02 Million |
| 2004 | 4.15% | 4.33% | 0.49x | 1.95x | CN¥-24.26 Million |
| 2005 | 2.46% | 1.81% | 0.64x | 2.11x | CN¥-30.86 Million |
| 2006 | 2.97% | 2.11% | 0.67x | 2.10x | CN¥-28.85 Million |
| 2007 | 0.41% | 0.28% | 0.66x | 2.27x | CN¥-39.53 Million |
| 2008 | -5.78% | -3.53% | 0.74x | 2.21x | CN¥-61.45 Million |
| 2009 | 1.51% | 1.65% | 0.60x | 1.52x | CN¥-56.49 Million |
| 2010 | 5.72% | 4.23% | 0.68x | 1.97x | CN¥-28.56 Million |
| 2011 | 6.03% | 9.13% | 0.44x | 1.52x | CN¥-56.23 Million |
| 2012 | 12.70% | 21.71% | 0.42x | 1.39x | CN¥42.99 Million |
| 2013 | 9.19% | 16.27% | 0.32x | 1.78x | CN¥-13.61 Million |
| 2014 | 7.19% | 13.08% | 0.27x | 2.01x | CN¥-49.34 Million |
| 2015 | 1.51% | 2.84% | 0.32x | 1.64x | CN¥-206.65 Million |
| 2016 | 4.29% | 6.24% | 0.42x | 1.65x | CN¥-144.47 Million |
| 2017 | 2.08% | 2.56% | 0.54x | 1.51x | CN¥-200.68 Million |
| 2018 | 4.16% | 4.28% | 0.64x | 1.51x | CN¥-153.52 Million |
| 2019 | 6.39% | 6.56% | 0.66x | 1.48x | CN¥-96.26 Million |
| 2020 | 6.36% | 7.32% | 0.64x | 1.37x | CN¥-101.98 Million |
| 2021 | 7.92% | 5.36% | 0.80x | 1.85x | CN¥-104.25 Million |
| 2022 | 7.29% | 4.77% | 0.82x | 1.87x | CN¥-143.38 Million |
| 2023 | -1.03% | -0.62% | 0.72x | 2.31x | CN¥-493.42 Million |
| 2024 | 3.96% | 2.42% | 0.68x | 2.42x | CN¥-280.43 Million |
Industry Comparison
This section compares Guangdong Guanhao High-Tech Co Ltd's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $4,438,877,600
- Average return on equity (ROE) among peers: 9.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Guanhao High-Tech Co Ltd (600433) | CN¥6.01 Billion | 15.22% | 0.97x | $1.29 Billion |
| Shandong Chenming Paper Holdings Ltd (000488) | $22.55 Billion | 9.16% | 2.67x | $626.88 Million |
| MCC Meili Paper Industry Co Ltd (000815) | $2.02 Billion | 1.26% | 0.38x | $2.34 Billion |
| Zhejiang Kan Specialities Material Co Ltd (002012) | $1.25 Billion | 1.55% | 0.30x | $487.89 Million |
| Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) | $4.53 Billion | 4.17% | 0.25x | $1.09 Billion |
| Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) | $7.39 Billion | 9.02% | 1.67x | $6.04 Billion |
| Xiamen Anne Corp Ltd (002235) | $453.96 Million | 11.63% | 0.34x | $1.05 Billion |
| Qifeng New Material Co Ltd (002521) | $4.02 Billion | 2.79% | 0.37x | $672.03 Million |
| Shandong Chenming Paper Holdings Ltd Class B (200488) | $1.72 Billion | 10.06% | 0.92x | $69.43 Million |
| Cre8 Direct Ningbo Co Ltd (300703) | $72.67 Million | 32.15% | 2.25x | $490.98 Million |
| Fujian Qingshan Paper Industry Co Ltd (600103) | $381.53 Million | 13.23% | 0.58x | $1.61 Billion |
About Guangdong Guanhao High-Tech Co Ltd
Guangdong Guanhao High-Tech Co., Ltd. research, develops, produces, manufactures, and sells paper products in China and internationally. The company offers sublimation transfer paper; labelstock materials, including coated paper, thermal paper, and film adhesives; thermal materials, such as cash register thermal paper, normal thermal paper, bill thermal paper, label thermal paper, label thermal m… Read more