Guanghui Logistics Co Ltd (600603) - Net Assets

Latest as of March 2026: CN¥7.83 Billion CNY ≈ $1.15 Billion USD

Based on the latest financial reports, Guanghui Logistics Co Ltd (600603) has net assets worth CN¥7.83 Billion CNY (≈ $1.15 Billion 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¥21.00 Billion ≈ $3.07 Billion USD) and total liabilities (CN¥13.16 Billion ≈ $1.93 Billion 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 600603 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥7.83 Billion
% of Total Assets 37.31%
Annual Growth Rate 21.98%
5-Year Change 29.43%
10-Year Change 85.97%
Growth Volatility 777.94

Guanghui Logistics Co Ltd - Net Assets Trend (1990–2025)

This chart illustrates how Guanghui Logistics Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guanghui Logistics Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Guanghui Logistics Co Ltd (1990–2025)

The table below shows the annual net assets of Guanghui Logistics Co Ltd from 1990 to 2025. For live valuation and market cap data, see 600603 market cap.

Year Net Assets Change
2025-12-31 CN¥7.81 Billion
≈ $1.14 Billion		 +4.45%
2024-12-31 CN¥7.48 Billion
≈ $1.09 Billion		 +4.45%
2023-12-31 CN¥7.16 Billion
≈ $1.05 Billion		 +11.73%
2022-12-31 CN¥6.41 Billion
≈ $938.04 Million		 +6.19%
2021-12-31 CN¥6.04 Billion
≈ $883.40 Million		 -15.16%
2020-12-31 CN¥7.12 Billion
≈ $1.04 Billion		 +5.24%
2019-12-31 CN¥6.76 Billion
≈ $989.37 Million		 +4.15%
2018-12-31 CN¥6.49 Billion
≈ $949.93 Million		 +11.05%
2017-12-31 CN¥5.85 Billion
≈ $855.44 Million		 +39.13%
2016-12-31 CN¥4.20 Billion
≈ $614.84 Million		 +3066.00%
2015-12-31 CN¥-141.66 Million
≈ $-20.73 Million		 -256.38%
2014-12-31 CN¥90.59 Million
≈ $13.26 Million		 +57.46%
2013-12-31 CN¥57.53 Million
≈ $8.42 Million		 +120.62%
2012-12-31 CN¥-278.99 Million
≈ $-40.82 Million		 +5.95%
2011-12-31 CN¥-296.63 Million
≈ $-43.41 Million		 -7.74%
2010-12-31 CN¥-275.32 Million
≈ $-40.29 Million		 -1.94%
2009-12-31 CN¥-270.08 Million
≈ $-39.52 Million		 +1.16%
2008-12-31 CN¥-273.24 Million
≈ $-39.98 Million		 +10.23%
2007-12-31 CN¥-304.37 Million
≈ $-44.54 Million		 +21.06%
2006-12-31 CN¥-385.57 Million
≈ $-56.42 Million		 +10.62%
2005-12-31 CN¥-431.39 Million
≈ $-63.13 Million		 +28.58%
2004-12-31 CN¥-604.00 Million
≈ $-88.38 Million		 +2.52%
2003-12-31 CN¥-619.60 Million
≈ $-90.67 Million		 +1.07%
2002-12-31 CN¥-626.27 Million
≈ $-91.64 Million		 -3648.37%
2001-12-31 CN¥17.65 Million
≈ $2.58 Million		 -95.35%
2000-12-31 CN¥379.24 Million
≈ $55.49 Million		 +1.04%
1999-12-31 CN¥375.34 Million
≈ $54.92 Million		 +5.58%
1998-12-31 CN¥355.50 Million
≈ $52.02 Million		 +11.83%
1997-12-31 CN¥317.91 Million
≈ $46.52 Million		 +13.17%
1996-12-31 CN¥280.92 Million
≈ $41.11 Million		 +14.97%
1995-12-31 CN¥244.33 Million
≈ $35.75 Million		 +2.72%
1994-12-31 CN¥237.86 Million
≈ $34.81 Million		 +44.33%
1993-12-31 CN¥164.80 Million
≈ $24.12 Million		 +103.41%
1992-12-31 CN¥81.02 Million
≈ $11.86 Million		 +6.57%
1991-12-31 CN¥76.02 Million
≈ $11.12 Million		 +918.56%
1990-12-31 CN¥7.46 Million
≈ $1.09 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 1086040.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥5.37 Billion 72.87%
Other Components CN¥2.00 Billion 27.13%
Total Equity CN¥7.36 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.

Company Market Cap
Compass Diversified Holdings
NYSE:CODI
 $760.64 Million
Resurs Holding AB
ST:RESURS
 $760.84 Million
Argus Shanghai Textile Chemicals Co Ltd
SHG:603790
 $761.09 Million
Jiangsu Transimage Technology Co Ltd
SHE:002866
 $761.32 Million
Guangdong Senssun Weighing Apparatus Group Ltd
SHE:002870
 $760.32 Million
Aeon Credit Service Bhd
KLSE:5139
 $760.22 Million
Chongqing Lummy Pharmaceutical
SHE:300006
 $760.20 Million
Pantoro Gold Ltd
AU:PNR
 $759.97 Million

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 2024 to 2025, total equity changed from 6,975,644,732 to 7,362,590,609, a change of 386,945,877 (5.5%).
  • Net income of 368,050,198 contributed positively to equity growth.
  • Dividend payments of 287,867,468 reduced retained earnings.
  • Other factors increased equity by 306,763,147.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥368.05 Million +5.0%
Dividends Paid CN¥287.87 Million -3.91%
Other Changes CN¥306.76 Million +4.17%
Total Change CN¥- 5.55%

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: 0.72x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 218.05x to 0.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1990-12-31 CN¥0.02 CN¥4.42 x
1991-12-31 CN¥0.21 CN¥4.42 x
1992-12-31 CN¥0.22 CN¥4.42 x
1993-12-31 CN¥0.45 CN¥4.42 x
1994-12-31 CN¥0.65 CN¥4.42 x
1995-12-31 CN¥0.66 CN¥4.42 x
1996-12-31 CN¥0.76 CN¥4.42 x
1997-12-31 CN¥0.86 CN¥4.42 x
1998-12-31 CN¥0.96 CN¥4.42 x
1999-12-31 CN¥1.02 CN¥4.42 x
2000-12-31 CN¥1.03 CN¥4.42 x
2001-12-31 CN¥0.05 CN¥4.42 x
2002-12-31 CN¥-1.70 CN¥4.42 x
2003-12-31 CN¥-1.68 CN¥4.42 x
2004-12-31 CN¥-1.64 CN¥4.42 x
2005-12-31 CN¥-1.17 CN¥4.42 x
2006-12-31 CN¥-0.84 CN¥4.42 x
2007-12-31 CN¥-0.80 CN¥4.42 x
2008-12-31 CN¥-0.70 CN¥4.42 x
2009-12-31 CN¥-0.87 CN¥4.42 x
2010-12-31 CN¥-0.80 CN¥4.42 x
2011-12-31 CN¥-0.78 CN¥4.42 x
2012-12-31 CN¥-0.73 CN¥4.42 x
2013-12-31 CN¥0.02 CN¥4.42 x
2014-12-31 CN¥0.11 CN¥4.42 x
2015-12-31 CN¥-0.24 CN¥4.42 x
2016-12-31 CN¥6.19 CN¥4.42 x
2017-12-31 CN¥6.84 CN¥4.42 x
2018-12-31 CN¥5.14 CN¥4.42 x
2019-12-31 CN¥5.21 CN¥4.42 x
2020-12-31 CN¥5.67 CN¥4.42 x
2021-12-31 CN¥4.52 CN¥4.42 x
2022-12-31 CN¥4.71 CN¥4.42 x
2023-12-31 CN¥5.46 CN¥4.42 x
2024-12-31 CN¥5.89 CN¥4.42 x
2025-12-31 CN¥6.17 CN¥4.42 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): 5.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.59%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 2.90x
  • Recent ROE (5.00%) is above the historical average (-15.81%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1990 16.49% 18.38% 0.27x 3.27x CN¥484.60K
1991 5.35% 22.41% 0.18x 1.32x CN¥-3.54 Million
1992 9.86% 67.47% 0.07x 1.95x CN¥-110.17K
1993 8.26% 25.24% 0.23x 1.42x CN¥-2.86 Million
1994 9.02% 29.89% 0.25x 1.22x CN¥-2.33 Million
1995 8.93% 37.73% 0.15x 1.55x CN¥-2.60 Million
1996 10.07% 30.44% 0.19x 1.72x CN¥206.35K
1997 11.64% 34.14% 0.18x 1.91x CN¥5.19 Million
1998 9.74% 21.36% 0.22x 2.05x CN¥-925.30K
1999 7.24% 8.17% 0.34x 2.64x CN¥-10.33 Million
2000 1.07% 1.79% 0.20x 3.03x CN¥-33.82 Million
2001 -2124.26% -496.42% 0.10x 41.63x CN¥-361.95 Million
2002 0.00% -1961.23% 0.19x 0.00x CN¥-591.71 Million
2003 0.00% 30.22% 0.03x 0.00x CN¥64.59 Million
2004 0.00% 4.51% 0.83x 0.00x CN¥65.05 Million
2005 0.00% 15.32% 0.20x 0.00x CN¥45.12 Million
2006 0.00% 41.53% 0.09x 0.00x CN¥43.30 Million
2007 0.00% 1270.37% 0.18x 0.00x CN¥111.70 Million
2008 0.00% 603.96% 0.31x 0.00x CN¥57.25 Million
2009 0.00% 757.79% 0.08x 0.00x CN¥30.17 Million
2010 0.00% -22.88% 0.64x 0.00x CN¥22.29 Million
2011 0.00% 0.00% 0.00x 0.00x CN¥8.35 Million
2012 0.00% 506.92% 0.09x 0.00x CN¥45.54 Million
2013 1432.00% 264.42% 0.13x 43.20x CN¥122.25 Million
2014 -55.24% -48.36% 0.12x 9.38x CN¥-27.87 Million
2015 0.00% 67.34% 3.41x 0.00x CN¥608.22 Million
2016 5.80% 37.75% 0.10x 1.54x CN¥-176.33 Million
2017 5.99% 31.67% 0.12x 1.62x CN¥-233.15 Million
2018 8.56% 26.25% 0.16x 2.06x CN¥-91.82 Million
2019 12.66% 28.53% 0.18x 2.49x CN¥171.82 Million
2020 12.17% 18.75% 0.26x 2.54x CN¥146.88 Million
2021 11.51% 14.31% 0.29x 2.78x CN¥81.03 Million
2022 2.73% 7.29% 0.10x 3.83x CN¥-411.97 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
2025 5.00% 13.59% 0.13x 2.90x CN¥-368.21 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: $1,282,723,443
  • Average return on equity (ROE) among peers: 8.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guanghui Logistics Co Ltd (600603) CN¥7.83 Billion 16.49% 1.68x $760.58 Million
Shenzhen SEG Co Ltd (000058) $529.79 Million 16.65% 1.88x $955.37 Million
5I5j Holding Group Co Ltd (000560) $605.19 Million 6.50% 3.73x $758.30 Million
DongGuan Winnerway Industrial Zone Ltd (000573) $1.60 Billion 4.29% 0.31x $375.47 Million
Beijing Mainstreets Investment (000609) $1.54 Billion 1.90% 1.73x $518.50 Million
Rongfeng Holding Group (000668) $394.77 Million 6.95% 0.62x $478.31 Million
Sanxiang Co Ltd (000863) $4.12 Billion 0.15% 0.68x $765.39 Million
China Merchants Property Operation & Service Co Ltd (001914) $471.75 Million 4.13% 1.46x $1.36 Billion
Shenzhen Worldunion Properties Consultancy Inc (002285) $238.74 Million 27.80% 0.52x $656.13 Million
Chongqing New Dazheng Property Grp (002968) $853.24 Million 15.38% 0.44x $296.68 Million
Shenzhen SEG Co Ltd (200058) $2.47 Billion 1.52% 1.05x $50.65 Million

About Guanghui Logistics Co Ltd

SHG:600603 China Real Estate Services
Market Cap
$760.58 Million
CN¥5.20 Billion CNY
Market Cap Rank
#10294 Global
#2794 in China
Share Price
CN¥4.42
Change (1 day)
-2.21%
52-Week Range
CN¥4.42 - CN¥9.53
All Time High
CN¥12.41
Categories
Companies in China Real Estate Services
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