Guanghui Logistics Co Ltd

SHG:600603 China Real Estate Services
Market Cap
$1.31 Billion
CN¥9.61 Billion CNY
Market Cap Rank
#7407 Global
#1255 in China
Share Price
CN¥8.05
Change (1 day)
+1.13%
52-Week Range
CN¥6.20 - CN¥9.53
All Time High
CN¥12.41
About

Guanghui Logistics Co.Ltd engages in the energy logistics, real estate, and logistics synergy businesses in China. The company also provides house leasing; property management; and sells commercial houses. In addition, it is involved in the road freight transportation and freight forwarding; railway transportation; warehousing; loading and unloading services; logistics park operation; logistics d… Read more

Guanghui Logistics Co Ltd (600603) - Net Assets

Latest net assets as of June 2025: CN¥7.73 Billion CNY

Based on the latest financial reports, Guanghui Logistics Co Ltd (600603) has net assets worth CN¥7.73 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥21.59 Billion) and total liabilities (CN¥13.86 Billion). 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¥7.73 Billion
% of Total Assets 35.79%
Annual Growth Rate 13.23%
5-Year Change 5.13%
10-Year Change 89.44%
Growth Volatility 1555.03

Guanghui Logistics Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Guanghui Logistics 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 Guanghui Logistics Co Ltd (2000–2024)

The table below shows the annual net assets of Guanghui Logistics Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.48 Billion +4.45%
2023-12-31 CN¥7.16 Billion +11.73%
2022-12-31 CN¥6.41 Billion +6.19%
2021-12-31 CN¥6.04 Billion -15.16%
2020-12-31 CN¥7.12 Billion +5.24%
2019-12-31 CN¥6.76 Billion +4.15%
2018-12-31 CN¥6.49 Billion +11.05%
2017-12-31 CN¥5.85 Billion +39.13%
2016-12-31 CN¥4.20 Billion +6.40%
2015-12-31 CN¥3.95 Billion +4259.32%
2014-12-31 CN¥90.58 Million +57.46%
2013-12-31 CN¥57.53 Million +120.62%
2012-12-31 CN¥-278.99 Million +5.95%
2011-12-31 CN¥-296.63 Million -7.74%
2010-12-31 CN¥-275.32 Million -1.94%
2009-12-31 CN¥-270.08 Million +1.16%
2008-12-31 CN¥-273.24 Million +10.23%
2007-12-31 CN¥-304.37 Million +21.06%
2006-12-31 CN¥-385.57 Million +10.62%
2005-12-31 CN¥-431.39 Million +28.58%
2004-12-31 CN¥-604.00 Million +2.52%
2003-12-31 CN¥-619.60 Million +1.07%
2002-12-31 CN¥-626.27 Million -3648.48%
2001-12-31 CN¥17.65 Million -95.35%
2000-12-31 CN¥379.24 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guanghui Logistics 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 5753.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.09 Billion 72.98%
Other Components CN¥1.88 Billion 27.02%
Total Equity CN¥6.98 Billion 100.00%

Guanghui Logistics Co Ltd Competitors by Market Cap

The table below lists competitors of Guanghui Logistics Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,501,891,233 to 6,975,644,733, a change of 473,753,499 (7.3%).
  • Net income of 508,895,743 contributed positively to equity growth.
  • Dividend payments of 358,536,890 reduced retained earnings.
  • Other factors increased equity by 323,394,646.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥508.90 Million +7.3%
Dividends Paid CN¥358.54 Million -5.14%
Other Changes CN¥323.39 Million +4.64%
Total Change CN¥- 7.29%

Book Value vs Market Value Analysis

This analysis compares Guanghui Logistics 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: 1.42x
  • 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 1.70x to 1.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥4.73 CN¥8.05 x
2018-12-31 CN¥5.09 CN¥8.05 x
2019-12-31 CN¥5.15 CN¥8.05 x
2020-12-31 CN¥5.39 CN¥8.05 x
2021-12-31 CN¥4.27 CN¥8.05 x
2022-12-31 CN¥4.52 CN¥8.05 x
2023-12-31 CN¥5.28 CN¥8.05 x
2024-12-31 CN¥5.67 CN¥8.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guanghui Logistics 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): 7.30%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.62%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 3.12x
  • Recent ROE (7.30%) is below the historical average (127.50%), 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 1.07% 1.74% 0.20x 3.03x CN¥-33.82 Million
2013 1432.02% 278.61% 0.12x 43.20x CN¥122.25 Million
2015 15.02% 67.34% 0.14x 1.62x CN¥198.15 Million
2016 5.88% 39.14% 0.10x 1.54x CN¥-173.29 Million
2017 5.99% 31.67% 0.12x 1.62x CN¥-233.15 Million
2018 8.63% 26.47% 0.16x 2.06x CN¥-87.23 Million
2019 12.66% 28.53% 0.18x 2.49x CN¥171.82 Million
2020 12.24% 18.86% 0.26x 2.54x CN¥151.76 Million
2021 10.67% 17.27% 0.22x 2.78x CN¥35.74 Million
2022 9.55% 10.79% 0.23x 3.83x CN¥-25.39 Million
2023 8.97% 11.83% 0.21x 3.62x CN¥-66.85 Million
2024 7.30% 13.62% 0.17x 3.12x CN¥-188.67 Million

Industry Comparison

This section compares Guanghui Logistics Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $1,546,667,079
  • Average return on equity (ROE) among peers: 7.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guanghui Logistics Co Ltd (600603) CN¥7.73 Billion 1.07% 1.79x $980.72 Million
Shenzhen SEG Co Ltd (000058) $1.33 Billion 3.66% 0.19x $595.06 Million
5I5j Holding Group Co Ltd (000560) $618.29 Million 4.60% 4.43x $719.68 Million
DongGuan Winnerway Industrial Zone Ltd (000573) $1.43 Billion 2.79% 0.78x $286.31 Million
Beijing Mainstreets Investment (000609) $669.22 Million 21.24% 0.69x $293.27 Million
Rongfeng Holding Group (000668) $740.22 Million 0.45% 0.27x $159.03 Million
Sanxiang Co Ltd (000863) $4.68 Billion 4.46% 1.07x $471.17 Million
Shenzhen Worldunion Properties Consultancy Inc (002285) $65.30 Million 0.00% 1.29x $444.90 Million
Chongqing New Dazheng Property Grp (002968) $754.94 Million 13.84% 0.32x $151.40 Million
Shenzhen SDG Service Co. Ltd. (300917) $968.11 Million 11.79% 0.59x $254.69 Million
China World Trade Center Co Ltd (600007) $4.22 Billion 8.40% 0.93x $517.22 Million