Guangzhou Pearl River Industrial Development Co Ltd (600684) - Net Assets
Based on the latest financial reports, Guangzhou Pearl River Industrial Development Co Ltd (600684) has net assets worth CN¥1.31 Billion CNY (≈ $190.99 Million 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¥2.15 Billion ≈ $314.26 Million USD) and total liabilities (CN¥842.36 Million ≈ $123.26 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 Guangzhou Pearl River Industrial Develop tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.31 Billion |
| % of Total Assets | 60.78% |
| Annual Growth Rate | 3.74% |
| 5-Year Change | -65.97% |
| 10-Year Change | -65.44% |
| Growth Volatility | 40.61 |
Guangzhou Pearl River Industrial Development Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Guangzhou Pearl River Industrial Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guangzhou Pearl River Industrial Develop defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Guangzhou Pearl River Industrial Development Co Ltd (1993–2025)
The table below shows the annual net assets of Guangzhou Pearl River Industrial Development Co Ltd from 1993 to 2025. For live valuation and market cap data, see Guangzhou Pearl River Industrial Develop market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.31 Billion ≈ $191.80 Million |
+162.11% |
| 2024-12-31 | CN¥500.08 Million ≈ $73.18 Million |
+5.52% |
| 2023-12-31 | CN¥473.92 Million ≈ $69.35 Million |
-78.62% |
| 2022-12-31 | CN¥2.22 Billion ≈ $324.39 Million |
-42.45% |
| 2021-12-31 | CN¥3.85 Billion ≈ $563.70 Million |
+22.35% |
| 2020-12-31 | CN¥3.15 Billion ≈ $460.72 Million |
-26.59% |
| 2019-12-31 | CN¥4.29 Billion ≈ $627.63 Million |
+6.35% |
| 2018-12-31 | CN¥4.03 Billion ≈ $590.17 Million |
+4.24% |
| 2017-12-31 | CN¥3.87 Billion ≈ $566.19 Million |
+2.01% |
| 2016-12-31 | CN¥3.79 Billion ≈ $555.04 Million |
+9.14% |
| 2015-12-31 | CN¥3.48 Billion ≈ $508.56 Million |
+38.94% |
| 2014-12-31 | CN¥2.50 Billion ≈ $366.03 Million |
+29.14% |
| 2013-12-31 | CN¥1.94 Billion ≈ $283.45 Million |
+33.73% |
| 2012-12-31 | CN¥1.45 Billion ≈ $211.95 Million |
+31.20% |
| 2011-12-31 | CN¥1.10 Billion ≈ $161.55 Million |
+25.16% |
| 2010-12-31 | CN¥882.10 Million ≈ $129.08 Million |
+11.97% |
| 2009-12-31 | CN¥787.83 Million ≈ $115.28 Million |
+8.58% |
| 2008-12-31 | CN¥725.54 Million ≈ $106.17 Million |
+3.83% |
| 2007-12-31 | CN¥698.79 Million ≈ $102.26 Million |
+7.09% |
| 2006-12-31 | CN¥652.54 Million ≈ $95.49 Million |
-5.11% |
| 2005-12-31 | CN¥687.71 Million ≈ $100.63 Million |
+2.67% |
| 2004-12-31 | CN¥669.85 Million ≈ $98.02 Million |
+2.54% |
| 2003-12-31 | CN¥653.24 Million ≈ $95.59 Million |
+1.27% |
| 2002-12-31 | CN¥645.06 Million ≈ $94.39 Million |
+2.36% |
| 2001-12-31 | CN¥630.17 Million ≈ $92.21 Million |
+1.71% |
| 2000-12-31 | CN¥619.60 Million ≈ $90.67 Million |
-14.58% |
| 1999-12-31 | CN¥725.39 Million ≈ $106.15 Million |
+1.04% |
| 1998-12-31 | CN¥717.92 Million ≈ $105.06 Million |
+5.25% |
| 1997-12-31 | CN¥682.09 Million ≈ $99.81 Million |
+28.75% |
| 1996-12-31 | CN¥529.78 Million ≈ $77.52 Million |
-0.34% |
| 1995-12-31 | CN¥531.59 Million ≈ $77.79 Million |
-- |
| 1994-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1993-12-31 | CN¥404.35 Million ≈ $59.17 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Pearl River 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 1202.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.81 Billion | 142.79% |
| Total Equity | CN¥1.27 Billion | 100.00% |
Guangzhou Pearl River Industrial Development Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Pearl River Industrial Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hoang Huy Investment Financial
VN:TCH
|
$516.35 Million |
|
Henan Newland Pharmaceutical Co. Ltd. A
SHE:301277
|
$516.36 Million |
|
Dymatic Chemicals Inc
SHE:002054
|
$516.42 Million |
|
Jiangsu Rijiu Optoelectronics Joint
SHE:003015
|
$516.58 Million |
|
Zevra Therapeutics Inc.
NASDAQ:ZVRA
|
$516.25 Million |
|
Ningbo Daye Garden Machinery Co Ltd
SHE:300879
|
$516.23 Million |
|
Joyware Electronics Co Ltd
SHE:300270
|
$516.21 Million |
|
Hanwha Corp Preferred
KO:00088K
|
$516.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Pearl River Industrial Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 460,315,000 to 1,266,565,668, a change of 806,250,668 (175.2%).
- Net income of 74,001,156 contributed positively to equity growth.
- Dividend payments of 15,175,206 reduced retained earnings.
- Other comprehensive income decreased equity by 906,720.
- Other factors increased equity by 748,331,437.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥74.00 Million | +5.84% |
| Dividends Paid | CN¥15.18 Million | -1.2% |
| Other Comprehensive Income | CN¥-906.72K | -0.07% |
| Other Changes | CN¥748.33 Million | +59.08% |
| Total Change | CN¥- | 175.15% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Pearl River 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: 2.79x
- 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 7.04x to 2.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.45 | CN¥3.19 | x |
| 1994-12-31 | CN¥0.50 | CN¥3.19 | x |
| 1995-12-31 | CN¥0.57 | CN¥3.19 | x |
| 1996-12-31 | CN¥0.56 | CN¥3.19 | x |
| 1997-12-31 | CN¥0.74 | CN¥3.19 | x |
| 1998-12-31 | CN¥0.79 | CN¥3.19 | x |
| 1999-12-31 | CN¥0.80 | CN¥3.19 | x |
| 2000-12-31 | CN¥0.68 | CN¥3.19 | x |
| 2001-12-31 | CN¥0.69 | CN¥3.19 | x |
| 2002-12-31 | CN¥0.71 | CN¥3.19 | x |
| 2003-12-31 | CN¥0.72 | CN¥3.19 | x |
| 2004-12-31 | CN¥0.74 | CN¥3.19 | x |
| 2005-12-31 | CN¥0.76 | CN¥3.19 | x |
| 2006-12-31 | CN¥0.77 | CN¥3.19 | x |
| 2007-12-31 | CN¥0.83 | CN¥3.19 | x |
| 2008-12-31 | CN¥0.85 | CN¥3.19 | x |
| 2009-12-31 | CN¥0.91 | CN¥3.19 | x |
| 2010-12-31 | CN¥1.03 | CN¥3.19 | x |
| 2011-12-31 | CN¥1.29 | CN¥3.19 | x |
| 2012-12-31 | CN¥1.71 | CN¥3.19 | x |
| 2013-12-31 | CN¥2.14 | CN¥3.19 | x |
| 2014-12-31 | CN¥2.44 | CN¥3.19 | x |
| 2015-12-31 | CN¥2.68 | CN¥3.19 | x |
| 2016-12-31 | CN¥3.02 | CN¥3.19 | x |
| 2017-12-31 | CN¥3.38 | CN¥3.19 | x |
| 2018-12-31 | CN¥3.66 | CN¥3.19 | x |
| 2019-12-31 | CN¥3.33 | CN¥3.19 | x |
| 2020-12-31 | CN¥2.47 | CN¥3.19 | x |
| 2021-12-31 | CN¥2.64 | CN¥3.19 | x |
| 2022-12-31 | CN¥0.40 | CN¥3.19 | x |
| 2023-12-31 | CN¥0.52 | CN¥3.19 | x |
| 2024-12-31 | CN¥0.59 | CN¥3.19 | x |
| 2025-12-31 | CN¥1.15 | CN¥3.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Pearl River 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): 5.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.66%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.67x
- Recent ROE (5.84%) is above the historical average (-9.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 15.59% | 38.12% | 0.25x | 1.61x | CN¥21.53 Million |
| 1994 | 24.81% | 25.15% | 0.52x | 1.90x | CN¥63.22 Million |
| 1995 | 16.86% | 47.57% | 0.22x | 1.58x | CN¥33.23 Million |
| 1996 | 10.05% | 26.70% | 0.22x | 1.68x | CN¥224.00K |
| 1997 | 5.76% | 26.26% | 0.11x | 2.06x | CN¥-26.72 Million |
| 1998 | 5.72% | 32.53% | 0.10x | 1.81x | CN¥-28.58 Million |
| 1999 | 3.00% | 301.74% | 0.01x | 1.78x | CN¥-47.45 Million |
| 2000 | -17.73% | -98.77% | 0.10x | 1.84x | CN¥-159.58 Million |
| 2001 | 2.15% | 7.41% | 0.16x | 1.80x | CN¥-46.09 Million |
| 2002 | 2.50% | 9.31% | 0.19x | 1.45x | CN¥-45.05 Million |
| 2003 | 2.64% | 13.46% | 0.15x | 1.34x | CN¥-44.82 Million |
| 2004 | 2.59% | 10.23% | 0.18x | 1.43x | CN¥-46.37 Million |
| 2005 | 2.83% | 8.21% | 0.23x | 1.48x | CN¥-46.19 Million |
| 2006 | 3.42% | 9.61% | 0.22x | 1.60x | CN¥-42.90 Million |
| 2007 | 4.74% | 9.72% | 0.29x | 1.71x | CN¥-36.70 Million |
| 2008 | 3.37% | 9.55% | 0.18x | 1.93x | CN¥-48.03 Million |
| 2009 | 7.92% | 11.75% | 0.29x | 2.29x | CN¥-16.39 Million |
| 2010 | 14.94% | 20.17% | 0.28x | 2.61x | CN¥43.53 Million |
| 2011 | 20.11% | 18.30% | 0.43x | 2.53x | CN¥111.56 Million |
| 2012 | 23.78% | 19.16% | 0.51x | 2.44x | CN¥199.54 Million |
| 2013 | 24.55% | 19.24% | 0.44x | 2.87x | CN¥266.48 Million |
| 2014 | 12.99% | 12.64% | 0.31x | 3.27x | CN¥62.04 Million |
| 2015 | 12.46% | 8.61% | 0.32x | 4.50x | CN¥56.63 Million |
| 2016 | 12.92% | 8.12% | 0.33x | 4.87x | CN¥75.39 Million |
| 2017 | 12.41% | 8.49% | 0.31x | 4.71x | CN¥69.98 Million |
| 2018 | 7.92% | 7.21% | 0.20x | 5.40x | CN¥-64.63 Million |
| 2019 | 7.72% | 7.44% | 0.12x | 8.35x | CN¥-64.85 Million |
| 2020 | -28.02% | -23.87% | 0.08x | 14.37x | CN¥-801.70 Million |
| 2021 | 3.03% | 1.82% | 0.11x | 15.30x | CN¥-151.19 Million |
| 2022 | -531.84% | -35.38% | 0.16x | 95.43x | CN¥-1.83 Billion |
| 2023 | -14.19% | -1.92% | 1.10x | 6.73x | CN¥-107.31 Million |
| 2024 | 3.38% | 1.00% | 0.88x | 3.83x | CN¥-30.46 Million |
| 2025 | 5.84% | 4.66% | 0.75x | 1.67x | CN¥-52.66 Million |
Industry Comparison
This section compares Guangzhou Pearl River Industrial Development Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $45,889,397,120
- Average return on equity (ROE) among peers: -0.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Pearl River Industrial Development Co Ltd (600684) | CN¥1.31 Billion | 15.59% | 0.65x | $516.31 Million |
| China Vanke Co Ltd Class A (000002) | $392.77 Billion | 5.73% | 3.94x | $4.35 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $1.31 Billion | 8.54% | 2.20x | $1.62 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $662.30 Million | 14.64% | 3.28x | $566.74 Million |
| Shahe Industry Co Ltd (000014) | $351.64 Million | 8.97% | 1.85x | $351.71 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $11.09 Billion | 5.86% | 3.99x | $1.46 Billion |
| China Union Holdings Ltd (000036) | $5.95 Billion | 0.68% | 0.28x | $1.01 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $868.76 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $2.10 Billion | -58.50% | 3.83x | $229.54 Million |
| Financial Street Holdings Co Ltd (000402) | $39.81 Billion | 6.28% | 3.25x | $1.17 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $3.11 Billion | 4.07% | 1.45x | $485.24 Million |
About Guangzhou Pearl River Industrial Development Co Ltd
Guangzhou Pearl River Development Group Co., Ltd. engages in property management business in China. It operates through property management business, cultural and sports operation business, and real estate sales and related businesses segments. The company offers urban life services, urban public construction services, advertising and promotion services, gymnasium management services, gymnasium o… Read more