Guanghui Logistics Co Ltd (600603) - Net Assets
Based on the latest financial reports, Guanghui Logistics Co Ltd (600603) has net assets worth CN¥7.79 Billion CNY (≈ $1.14 Billion 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¥21.49 Billion ≈ $3.15 Billion USD) and total liabilities (CN¥13.70 Billion ≈ $2.01 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 Guanghui Logistics Co Ltd (600603) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.79 Billion |
| % of Total Assets | 36.25% |
| Annual Growth Rate | 22.54% |
| 5-Year Change | 5.13% |
| 10-Year Change | N/A |
| Growth Volatility | 794.96 |
Guanghui Logistics Co Ltd - Net Assets Trend (1990–2024)
This chart illustrates how Guanghui Logistics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Guanghui Logistics Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Guanghui Logistics Co Ltd (1990–2024)
The table below shows the annual net assets of Guanghui Logistics Co Ltd from 1990 to 2024. For live valuation and market cap data, see 600603 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 1030537.2% 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% |
| Common Stock | CN¥1.67 Billion | 23.97% |
| Other Components | CN¥212.91 Million | 3.05% |
| 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.
| Company | Market Cap |
|---|---|
|
Shandong Shanda Wit Science and Technology Co Ltd
SHE:000915
|
$986.87 Million |
|
INDIA SHELTER FINANCE CORPORATION LIMITED
NSE:INDIASHLTR
|
$986.91 Million |
|
Clean Science and Technology Limited
NSE:CLEAN
|
$987.46 Million |
|
Swedish Logistic Property AB Series B
ST:SLP-B
|
$987.55 Million |
|
ORION Holdings Corp
KO:001800
|
$986.57 Million |
|
Star Petroleum Refining Co Ltd
BK:SPRC
|
$986.57 Million |
|
Valeura Energy Inc
TO:VLE
|
$986.35 Million |
|
Supply Network Ltd
AU:SNL
|
$986.34 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 2023 to 2024, total equity changed from 6,501,891,233 to 6,975,644,732, a change of 473,753,499 (7.3%).
- Net income of 508,895,750 contributed positively to equity growth.
- Dividend payments of 358,536,889 reduced retained earnings.
- Share repurchases of 162,267,385 reduced equity.
- Other factors increased equity by 485,662,023.
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% |
| Share Repurchases | CN¥162.27 Million | -2.33% |
| Other Changes | CN¥485.66 Million | +6.96% |
| 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: 0.96x
- 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 278.72x to 0.96x 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¥5.65 | x |
| 1991-12-31 | CN¥0.21 | CN¥5.65 | x |
| 1992-12-31 | CN¥0.22 | CN¥5.65 | x |
| 1993-12-31 | CN¥0.45 | CN¥5.65 | x |
| 1994-12-31 | CN¥0.65 | CN¥5.65 | x |
| 1995-12-31 | CN¥0.66 | CN¥5.65 | x |
| 1996-12-31 | CN¥0.76 | CN¥5.65 | x |
| 1997-12-31 | CN¥0.86 | CN¥5.65 | x |
| 1998-12-31 | CN¥0.96 | CN¥5.65 | x |
| 1999-12-31 | CN¥1.02 | CN¥5.65 | x |
| 2000-12-31 | CN¥1.03 | CN¥5.65 | x |
| 2001-12-31 | CN¥0.05 | CN¥5.65 | x |
| 2002-12-31 | CN¥-1.70 | CN¥5.65 | x |
| 2003-12-31 | CN¥-1.68 | CN¥5.65 | x |
| 2004-12-31 | CN¥-1.64 | CN¥5.65 | x |
| 2005-12-31 | CN¥-1.17 | CN¥5.65 | x |
| 2006-12-31 | CN¥-0.84 | CN¥5.65 | x |
| 2007-12-31 | CN¥-0.80 | CN¥5.65 | x |
| 2008-12-31 | CN¥-0.70 | CN¥5.65 | x |
| 2009-12-31 | CN¥-0.87 | CN¥5.65 | x |
| 2010-12-31 | CN¥-0.80 | CN¥5.65 | x |
| 2011-12-31 | CN¥-0.78 | CN¥5.65 | x |
| 2012-12-31 | CN¥-0.73 | CN¥5.65 | x |
| 2013-12-31 | CN¥0.02 | CN¥5.65 | x |
| 2014-12-31 | CN¥0.11 | CN¥5.65 | x |
| 2015-12-31 | CN¥-0.24 | CN¥5.65 | x |
| 2016-12-31 | CN¥6.19 | CN¥5.65 | x |
| 2017-12-31 | CN¥6.84 | CN¥5.65 | x |
| 2018-12-31 | CN¥5.14 | CN¥5.65 | x |
| 2019-12-31 | CN¥5.21 | CN¥5.65 | x |
| 2020-12-31 | CN¥5.67 | CN¥5.65 | x |
| 2021-12-31 | CN¥4.52 | CN¥5.65 | x |
| 2022-12-31 | CN¥4.71 | CN¥5.65 | x |
| 2023-12-31 | CN¥5.46 | CN¥5.65 | x |
| 2024-12-31 | CN¥5.89 | CN¥5.65 | 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 above the historical average (-16.40%), 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 |
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: $2,505,465,750
- Average return on equity (ROE) among peers: 3.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guanghui Logistics Co Ltd (600603) | CN¥7.79 Billion | 16.49% | 1.76x | $986.61 Million |
| Shenzhen SEG Co Ltd (000058) | $2.45 Billion | 1.14% | 1.91x | $1.19 Billion |
| 5I5j Holding Group Co Ltd (000560) | $10.35 Billion | 8.00% | 0.88x | $1.07 Billion |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.41 Billion | 0.29% | 0.61x | $465.13 Million |
| Beijing Mainstreets Investment (000609) | $513.62 Million | 6.22% | 0.34x | $663.01 Million |
| Rongfeng Holding Group (000668) | $682.87 Million | -5.99% | 1.97x | $357.55 Million |
| Sanxiang Co Ltd (000863) | $-1.04 Billion | 0.00% | 0.00x | $922.61 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $4.89 Billion | 17.53% | 1.71x | $1.63 Billion |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $3.78 Billion | -29.87% | 1.37x | $930.25 Million |
| Chongqing New Dazheng Property Grp (002968) | $269.33 Million | 32.70% | 0.85x | $403.63 Million |
| Shenzhen SEG Co Ltd (200058) | $1.76 Billion | 6.12% | 0.45x | $56.32 Million |
About Guanghui Logistics Co Ltd
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