Gansu Mogao Industrial Development Co Ltd (600543) - Net Assets
Based on the latest financial reports, Gansu Mogao Industrial Development Co Ltd (600543) has net assets worth CN¥766.51 Million CNY (≈ $112.16 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¥989.37 Million ≈ $144.78 Million USD) and total liabilities (CN¥222.86 Million ≈ $32.61 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 Gansu Mogao Industrial Development Co Lt (600543) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥766.51 Million |
| % of Total Assets | 77.47% |
| Annual Growth Rate | 7.98% |
| 5-Year Change | -29.34% |
| 10-Year Change | -25.53% |
| Growth Volatility | 37.57 |
Gansu Mogao Industrial Development Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Gansu Mogao Industrial Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600543 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Gansu Mogao Industrial Development Co Ltd (2001–2024)
The table below shows the annual net assets of Gansu Mogao Industrial Development Co Ltd from 2001 to 2024. For live valuation and market cap data, see Gansu Mogao Industrial Development Co Lt market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥815.54 Million ≈ $119.34 Million |
-7.29% |
| 2023-12-31 | CN¥879.70 Million ≈ $128.73 Million |
-4.49% |
| 2022-12-31 | CN¥921.08 Million ≈ $134.78 Million |
-12.38% |
| 2021-12-31 | CN¥1.05 Billion ≈ $153.82 Million |
-8.93% |
| 2020-12-31 | CN¥1.15 Billion ≈ $168.90 Million |
-0.98% |
| 2019-12-31 | CN¥1.17 Billion ≈ $170.57 Million |
+1.86% |
| 2018-12-31 | CN¥1.14 Billion ≈ $167.46 Million |
+1.68% |
| 2017-12-31 | CN¥1.13 Billion ≈ $164.70 Million |
+1.66% |
| 2016-12-31 | CN¥1.11 Billion ≈ $162.01 Million |
+1.09% |
| 2015-12-31 | CN¥1.10 Billion ≈ $160.26 Million |
+1.70% |
| 2014-12-31 | CN¥1.08 Billion ≈ $157.59 Million |
+2.08% |
| 2013-12-31 | CN¥1.05 Billion ≈ $154.38 Million |
-7.74% |
| 2012-12-31 | CN¥1.14 Billion ≈ $167.32 Million |
+4.60% |
| 2011-12-31 | CN¥1.09 Billion ≈ $159.96 Million |
+4.57% |
| 2010-12-31 | CN¥1.05 Billion ≈ $152.97 Million |
+4.20% |
| 2009-12-31 | CN¥1.00 Billion ≈ $146.80 Million |
+3.75% |
| 2008-12-31 | CN¥967.00 Million ≈ $141.50 Million |
+83.33% |
| 2007-12-31 | CN¥527.46 Million ≈ $77.18 Million |
+4.62% |
| 2006-12-31 | CN¥504.15 Million ≈ $73.77 Million |
-0.62% |
| 2005-12-31 | CN¥507.29 Million ≈ $74.23 Million |
-0.67% |
| 2004-12-31 | CN¥510.72 Million ≈ $74.74 Million |
+166.39% |
| 2003-12-31 | CN¥191.72 Million ≈ $28.06 Million |
+15.89% |
| 2002-12-31 | CN¥165.44 Million ≈ $24.21 Million |
+18.72% |
| 2001-12-31 | CN¥139.35 Million ≈ $20.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gansu Mogao Industrial Development 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 decreased by 627.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥321.12 Million | 39.66% |
| Other Comprehensive Income | CN¥133.65 Million | 16.51% |
| Other Components | CN¥447.63 Million | 55.29% |
| Total Equity | CN¥809.62 Million | 100.00% |
Gansu Mogao Industrial Development Co Ltd Competitors by Market Cap
The table below lists competitors of Gansu Mogao Industrial Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rafael Microelectronics
TWO:6568
|
$233.11 Million |
|
Korea Real Estate Investment & Trust Co Ltd
KO:034830
|
$233.17 Million |
|
Peña Verde S.A.B
MX:PV
|
$233.18 Million |
|
Eaton Vance California MBF
NYSE MKT:EVM
|
$233.41 Million |
|
GDI Property Group
AU:GDI
|
$232.99 Million |
|
Mandala Multifinance Tbk
JK:MFIN
|
$232.92 Million |
|
BINEX Co. Ltd
KQ:053030
|
$232.91 Million |
|
Unitech Computer Co Ltd
TW:2414
|
$232.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gansu Mogao Industrial Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 879,695,227 to 809,619,906, a change of -70,075,321 (-8.0%).
- Net loss of 52,075,328 reduced equity.
- Dividend payments of 278,139 reduced retained earnings.
- Share repurchases of 17,999,986 reduced equity.
- Other comprehensive income increased equity by 133,650,543.
- Other factors decreased equity by 133,372,411.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-52.08 Million | -6.43% |
| Dividends Paid | CN¥278.14K | -0.03% |
| Share Repurchases | CN¥18.00 Million | -2.22% |
| Other Comprehensive Income | CN¥133.65 Million | +16.51% |
| Other Changes | CN¥-133.37 Million | -16.47% |
| Total Change | CN¥- | -7.97% |
Book Value vs Market Value Analysis
This analysis compares Gansu Mogao Industrial Development 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: 1.97x
- 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 9.29x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.53 | CN¥4.96 | x |
| 2002-12-31 | CN¥0.63 | CN¥4.96 | x |
| 2003-12-31 | CN¥0.73 | CN¥4.96 | x |
| 2004-12-31 | CN¥1.96 | CN¥4.96 | x |
| 2005-12-31 | CN¥1.94 | CN¥4.96 | x |
| 2006-12-31 | CN¥2.03 | CN¥4.96 | x |
| 2007-12-31 | CN¥2.12 | CN¥4.96 | x |
| 2008-12-31 | CN¥3.21 | CN¥4.96 | x |
| 2009-12-31 | CN¥3.05 | CN¥4.96 | x |
| 2010-12-31 | CN¥3.23 | CN¥4.96 | x |
| 2011-12-31 | CN¥3.43 | CN¥4.96 | x |
| 2012-12-31 | CN¥3.56 | CN¥4.96 | x |
| 2013-12-31 | CN¥3.30 | CN¥4.96 | x |
| 2014-12-31 | CN¥3.12 | CN¥4.96 | x |
| 2015-12-31 | CN¥3.39 | CN¥4.96 | x |
| 2016-12-31 | CN¥3.25 | CN¥4.96 | x |
| 2017-12-31 | CN¥3.73 | CN¥4.96 | x |
| 2018-12-31 | CN¥3.38 | CN¥4.96 | x |
| 2019-12-31 | CN¥3.87 | CN¥4.96 | x |
| 2020-12-31 | CN¥6.30 | CN¥4.96 | x |
| 2021-12-31 | CN¥3.37 | CN¥4.96 | x |
| 2022-12-31 | CN¥3.00 | CN¥4.96 | x |
| 2023-12-31 | CN¥2.74 | CN¥4.96 | x |
| 2024-12-31 | CN¥2.52 | CN¥4.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gansu Mogao Industrial Development 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): -6.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.86%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.22x
- Recent ROE (-6.43%) is below the historical average (2.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 16.77% | 12.61% | 0.50x | 2.67x | CN¥9.44 Million |
| 2002 | 15.47% | 12.87% | 0.47x | 2.55x | CN¥9.02 Million |
| 2003 | 13.75% | 11.31% | 0.51x | 2.40x | CN¥7.18 Million |
| 2004 | 3.67% | 6.96% | 0.30x | 1.75x | CN¥-32.31 Million |
| 2005 | 1.02% | 2.09% | 0.27x | 1.80x | CN¥-45.54 Million |
| 2006 | 1.19% | 1.98% | 0.38x | 1.60x | CN¥-44.40 Million |
| 2007 | 5.42% | 7.98% | 0.44x | 1.54x | CN¥-24.16 Million |
| 2008 | 5.14% | 11.77% | 0.37x | 1.18x | CN¥-46.95 Million |
| 2009 | 3.61% | 10.96% | 0.30x | 1.11x | CN¥-64.09 Million |
| 2010 | 4.03% | 11.44% | 0.32x | 1.10x | CN¥-62.40 Million |
| 2011 | 4.37% | 13.18% | 0.30x | 1.11x | CN¥-61.53 Million |
| 2012 | 4.40% | 13.92% | 0.28x | 1.13x | CN¥-64.05 Million |
| 2013 | -7.88% | -22.69% | 0.30x | 1.16x | CN¥-187.77 Million |
| 2014 | 1.60% | 5.26% | 0.26x | 1.18x | CN¥-89.62 Million |
| 2015 | 1.77% | 7.74% | 0.19x | 1.17x | CN¥-89.41 Million |
| 2016 | 1.85% | 9.60% | 0.16x | 1.19x | CN¥-89.71 Million |
| 2017 | 2.14% | 10.68% | 0.17x | 1.16x | CN¥-88.35 Million |
| 2018 | 2.37% | 11.79% | 0.18x | 1.12x | CN¥-87.92 Million |
| 2019 | 2.33% | 15.47% | 0.13x | 1.13x | CN¥-90.46 Million |
| 2020 | 0.16% | 1.40% | 0.10x | 1.16x | CN¥-115.37 Million |
| 2021 | -9.19% | -70.30% | 0.12x | 1.12x | CN¥-206.06 Million |
| 2022 | -11.57% | -102.77% | 0.10x | 1.14x | CN¥-207.54 Million |
| 2023 | -4.71% | -20.88% | 0.19x | 1.17x | CN¥-129.41 Million |
| 2024 | -6.43% | -15.86% | 0.33x | 1.22x | CN¥-133.04 Million |
Industry Comparison
This section compares Gansu Mogao Industrial Development Co Ltd's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $6,073,747,816
- Average return on equity (ROE) among peers: 23.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gansu Mogao Industrial Development Co Ltd (600543) | CN¥766.51 Million | 16.77% | 0.29x | $233.07 Million |
| Luzhou Lao Jiao Co Ltd (000568) | $1.17 Billion | 10.94% | 0.56x | $21.56 Billion |
| Anhui Gujing Distillery Co Ltd (000596) | $810.34 Million | 0.63% | 0.65x | $6.41 Billion |
| Jiugui Liquor Co Ltd (000799) | $88.47 Million | 77.39% | 2.20x | $2.03 Billion |
| Wuliangye Yibin Co Ltd (000858) | $18.37 Billion | 23.93% | 0.56x | $55.14 Billion |
| Beijing Shunxin Agriculture Co Ltd (000860) | $2.80 Billion | 9.49% | 2.55x | $1.38 Billion |
| Yantai Changyu Pioneer Wine Co Ltd (000869) | $9.18 Billion | 11.24% | 0.37x | $1.30 Billion |
| Jiangsu Yanghe Brewery Joint-Stock Co Ltd (002304) | $26.04 Billion | 22.38% | 0.49x | $10.85 Billion |
| Shanghai Bairun Flavor & Fragrance Co Ltd (002568) | $649.02 Million | 44.20% | 0.03x | $2.92 Billion |
| Qinghai Huzhu Barley Wine Co Ltd (002646) | $453.90 Million | 29.86% | 0.56x | $567.18 Million |
| Anhui Gujing Distillery Co Ltd (200596) | $1.19 Billion | 3.96% | 0.32x | $1.01 Billion |
About Gansu Mogao Industrial Development Co Ltd
Gansu Mogao Industrial Development Co.,Ltd produces and sells wine in China. The company offers dry red, dry white, sweet, ice, sparkling, special, and noble rot wines, as well as brandy. It also provides pharmaceutical products, including compound licorice tablets and oral solution; environmental protection products, such as biodegradable masterbatch products and biodegradable polyester material… Read more