Guangdong Rongtai Industry Co Ltd Net Assets
Guangdong Rongtai Industry Co Ltd net assets. Based on the latest financial reports, Guangdong Rongtai Industry Co Ltd (600589) has net assets worth CN¥585.85 Million CNY (≈ $85.73 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.07 Billion ≈ $596.15 Million USD) and total liabilities (CN¥3.49 Billion ≈ $510.42 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. Also explore net asset growth rate of Guangdong Rongtai Industry Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥585.85 Million |
| % of Total Assets | 14.38% |
| Annual Growth Rate | 5.51% |
| 5-Year Change | 668.3% |
| 10-Year Change | -78.13% |
| Growth Volatility | 182.4 |
Net Assets of Guangdong Rongtai Industry Co Ltd (1998–2025)
Net assets of Guangdong Rongtai Industry Co Ltd from 1998 to 2025. This chart illustrates how Guangdong Rongtai Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guangdong Rongtai Industry Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Guangdong Rongtai Industry Co Ltd (1998–2025)
The table below shows the annual net assets of Guangdong Rongtai Industry Co Ltd from 1998 to 2025. For live market cap and overall valuation, see Guangdong Rongtai Industry Co Ltd (600589) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥652.22 Million ≈ $95.44 Million |
-2.16% |
| 2024-12-31 | CN¥666.60 Million ≈ $97.54 Million |
+6.15% |
| 2023-12-31 | CN¥627.97 Million ≈ $91.89 Million |
+193.76% |
| 2022-12-31 | CN¥-669.75 Million ≈ $-98.01 Million |
-888.94% |
| 2021-12-31 | CN¥84.89 Million ≈ $12.42 Million |
-93.56% |
| 2020-12-31 | CN¥1.32 Billion ≈ $192.99 Million |
-47.95% |
| 2019-12-31 | CN¥2.53 Billion ≈ $370.80 Million |
-20.30% |
| 2018-12-31 | CN¥3.18 Billion ≈ $465.25 Million |
+3.39% |
| 2017-12-31 | CN¥3.08 Billion ≈ $450.00 Million |
+3.10% |
| 2016-12-31 | CN¥2.98 Billion ≈ $436.46 Million |
+45.62% |
| 2015-12-31 | CN¥2.05 Billion ≈ $299.73 Million |
+0.56% |
| 2014-12-31 | CN¥2.04 Billion ≈ $298.06 Million |
+0.84% |
| 2013-12-31 | CN¥2.02 Billion ≈ $295.58 Million |
+1.07% |
| 2012-12-31 | CN¥2.00 Billion ≈ $292.45 Million |
+5.07% |
| 2011-12-31 | CN¥1.90 Billion ≈ $278.35 Million |
+3.82% |
| 2010-12-31 | CN¥1.83 Billion ≈ $268.10 Million |
+6.93% |
| 2009-12-31 | CN¥1.71 Billion ≈ $250.72 Million |
+40.99% |
| 2008-12-31 | CN¥1.22 Billion ≈ $177.82 Million |
+8.72% |
| 2007-12-31 | CN¥1.12 Billion ≈ $163.56 Million |
+13.32% |
| 2006-12-31 | CN¥986.34 Million ≈ $144.33 Million |
+51.06% |
| 2005-12-31 | CN¥652.95 Million ≈ $95.55 Million |
+2.68% |
| 2004-12-31 | CN¥635.93 Million ≈ $93.06 Million |
+2.66% |
| 2003-12-31 | CN¥619.48 Million ≈ $90.65 Million |
+9.45% |
| 2002-12-31 | CN¥566.02 Million ≈ $82.83 Million |
+3.76% |
| 2001-12-31 | CN¥545.50 Million ≈ $79.82 Million |
+263.08% |
| 2000-12-31 | CN¥150.24 Million ≈ $21.99 Million |
+10.62% |
| 1999-12-31 | CN¥135.82 Million ≈ $19.87 Million |
-11.33% |
| 1998-12-31 | CN¥153.17 Million ≈ $22.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Rongtai Industry 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 9409.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Guangdong Rongtai Industry Co Ltd Net Assets Breakdown (December 2025)
Guangdong Rongtai Industry Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.26 Billion | 500.09% |
| Total Equity | CN¥651.51 Million | 100.00% |
Guangdong Rongtai Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Rongtai Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai SMI Holding Co Ltd
SHG:600649
|
$1.35 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
$1.35 Billion |
|
Triangle Tyre Co Ltd
SHG:601163
|
$1.35 Billion |
|
Solar Applied Materials Technology
TWO:1785
|
$1.35 Billion |
|
Permian Basin Royalty Trust
NYSE:PBT
|
$1.35 Billion |
|
DOMS Industries Limited
NSE:DOMS
|
$1.35 Billion |
|
Hefei Jianghang Aircraft Equipment Corporation Ltd
SHG:688586
|
$1.35 Billion |
|
Fangda Special Steel Technology Co Ltd
SHG:600507
|
$1.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Rongtai Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 666,011,663 to 651,510,613, a change of -14,501,050 (-2.2%).
- Net loss of 19,181,182 reduced equity.
- Dividend payments of 21,880,315 reduced retained earnings.
- Other comprehensive income decreased equity by 179,297,618.
- Other factors increased equity by 205,858,066.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-19.18 Million | -2.94% |
| Dividends Paid | CN¥21.88 Million | -3.36% |
| Other Comprehensive Income | CN¥-179.30 Million | -27.52% |
| Other Changes | CN¥205.86 Million | +31.6% |
| Total Change | CN¥- | -2.18% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Rongtai Industry 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: 14.17x
- 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 35.07x to 14.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.18 | CN¥6.22 | x |
| 1999-12-31 | CN¥0.16 | CN¥6.22 | x |
| 2000-12-31 | CN¥0.17 | CN¥6.22 | x |
| 2001-12-31 | CN¥0.63 | CN¥6.22 | x |
| 2002-12-31 | CN¥0.66 | CN¥6.22 | x |
| 2003-12-31 | CN¥0.72 | CN¥6.22 | x |
| 2004-12-31 | CN¥0.74 | CN¥6.22 | x |
| 2005-12-31 | CN¥0.76 | CN¥6.22 | x |
| 2006-12-31 | CN¥1.09 | CN¥6.22 | x |
| 2007-12-31 | CN¥1.55 | CN¥6.22 | x |
| 2008-12-31 | CN¥1.15 | CN¥6.22 | x |
| 2009-12-31 | CN¥1.49 | CN¥6.22 | x |
| 2010-12-31 | CN¥1.53 | CN¥6.22 | x |
| 2011-12-31 | CN¥1.56 | CN¥6.22 | x |
| 2012-12-31 | CN¥3.31 | CN¥6.22 | x |
| 2013-12-31 | CN¥3.32 | CN¥6.22 | x |
| 2014-12-31 | CN¥3.28 | CN¥6.22 | x |
| 2015-12-31 | CN¥1.64 | CN¥6.22 | x |
| 2016-12-31 | CN¥1.97 | CN¥6.22 | x |
| 2017-12-31 | CN¥2.07 | CN¥6.22 | x |
| 2018-12-31 | CN¥2.17 | CN¥6.22 | x |
| 2019-12-31 | CN¥1.72 | CN¥6.22 | x |
| 2020-12-31 | CN¥0.89 | CN¥6.22 | x |
| 2021-12-31 | CN¥0.06 | CN¥6.22 | x |
| 2022-12-31 | CN¥-0.45 | CN¥6.22 | x |
| 2023-12-31 | CN¥0.45 | CN¥6.22 | x |
| 2024-12-31 | CN¥0.30 | CN¥6.22 | x |
| 2025-12-31 | CN¥0.44 | CN¥6.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Rongtai Industry 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): -2.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.40%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 4.75x
- Recent ROE (-2.94%) is above the historical average (-28.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 21.51% | 17.20% | 0.87x | 1.44x | CN¥17.63 Million |
| 1999 | 26.98% | 17.40% | 0.90x | 1.73x | CN¥23.07 Million |
| 2000 | 17.59% | 11.48% | 0.85x | 1.79x | CN¥11.40 Million |
| 2001 | 6.46% | 12.83% | 0.40x | 1.26x | CN¥-19.32 Million |
| 2002 | 9.28% | 15.07% | 0.48x | 1.27x | CN¥-4.09 Million |
| 2003 | 8.57% | 14.12% | 0.45x | 1.34x | CN¥-8.89 Million |
| 2004 | 8.56% | 10.83% | 0.47x | 1.69x | CN¥-9.15 Million |
| 2005 | 8.91% | 10.19% | 0.51x | 1.71x | CN¥-7.13 Million |
| 2006 | 9.16% | 11.32% | 0.50x | 1.62x | CN¥-8.24 Million |
| 2007 | 12.25% | 13.10% | 0.58x | 1.61x | CN¥24.97 Million |
| 2008 | 9.52% | 10.12% | 0.56x | 1.70x | CN¥-5.74 Million |
| 2009 | 6.38% | 8.29% | 0.49x | 1.57x | CN¥-61.73 Million |
| 2010 | 7.18% | 8.17% | 0.55x | 1.59x | CN¥-51.50 Million |
| 2011 | 4.50% | 6.44% | 0.44x | 1.58x | CN¥-104.28 Million |
| 2012 | 5.30% | 8.78% | 0.39x | 1.56x | CN¥-93.60 Million |
| 2013 | 2.71% | 4.61% | 0.35x | 1.70x | CN¥-146.69 Million |
| 2014 | 1.53% | 2.60% | 0.32x | 1.84x | CN¥-171.80 Million |
| 2015 | 1.02% | 2.09% | 0.24x | 2.01x | CN¥-183.10 Million |
| 2016 | 3.39% | 7.02% | 0.28x | 1.70x | CN¥-196.46 Million |
| 2017 | 4.37% | 8.17% | 0.28x | 1.91x | CN¥-173.02 Million |
| 2018 | 4.84% | 9.04% | 0.32x | 1.70x | CN¥-163.97 Million |
| 2019 | -24.67% | -43.73% | 0.34x | 1.68x | CN¥-877.51 Million |
| 2020 | -93.18% | -114.73% | 0.29x | 2.77x | CN¥-1.36 Billion |
| 2021 | -876.09% | -92.15% | 0.42x | 22.74x | CN¥-726.93 Million |
| 2022 | 0.00% | -177.03% | 0.38x | 0.00x | CN¥-678.17 Million |
| 2023 | 13.22% | 22.51% | 0.19x | 3.14x | CN¥20.09 Million |
| 2024 | -3.32% | -5.46% | 0.24x | 2.52x | CN¥-88.73 Million |
| 2025 | -2.94% | -4.40% | 0.14x | 4.75x | CN¥-84.33 Million |
Industry Comparison
This section compares Guangdong Rongtai Industry Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,847,026,607
- Average return on equity (ROE) among peers: -26.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Rongtai Industry Co Ltd (600589) | CN¥585.85 Million | 21.51% | 5.95x | $1.35 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $11.08 Billion | 16.27% | 1.83x | $1.07 Billion |
| Sichuan Chemical Co Ltd (000155) | $6.60 Billion | 4.04% | 1.40x | $2.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $15.30 Billion | 10.55% | 1.29x | $10.07 Billion |
| Zangge Holding Co Ltd (000408) | $467.64 Million | 3.25% | 0.88x | $15.25 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $795.87 Million | 1.77% | 0.94x | $909.16 Million |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $38.72 Million | -326.47% | 8.38x | $277.26 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $779.47 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $474.34 Million | 6.08% | 0.53x | $547.90 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $824.49 Million | 10.82% | 0.01x | $282.23 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $12.16 Billion | 5.54% | 0.93x | $3.33 Billion |
About Guangdong Rongtai Industry Co Ltd
Dawei Technology (Guangdong) Group Co., Ltd., through its subsidiaries, engages in the internet data center business in China. The company offers internet data, computer system, energy storage technology, information system integration, and cloud computing equipment technical services, as well as technical services, including development, consulting, exchange, transfer, and promotion services. It… Read more