Guizhou Gas Group Corporation Ltd Class A
Guizhou Gas Group Corporation Ltd. operates as a city gas and energy supply services provider in China. The company engages in the sale of gas; construction, operation, and service management of natural gas branch pipelines, urban gas transmission and distribution systems, liquefied natural gas receiving and storage supply stations, gas stations, and other facilities, as well as engineering desig… Read more
Guizhou Gas Group Corporation Ltd Class A (600903) - Net Assets
Latest net assets as of September 2025: CN¥4.14 Billion CNY
Based on the latest financial reports, Guizhou Gas Group Corporation Ltd Class A (600903) has net assets worth CN¥4.14 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.47 Billion) and total liabilities (CN¥7.33 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¥4.14 Billion |
| % of Total Assets | 36.07% |
| Annual Growth Rate | 17.73% |
| 5-Year Change | 20.48% |
| 10-Year Change | 177.31% |
| Growth Volatility | 29.34 |
Guizhou Gas Group Corporation Ltd Class A - Net Assets Trend (2009–2024)
This chart illustrates how Guizhou Gas Group Corporation Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guizhou Gas Group Corporation Ltd Class A (2009–2024)
The table below shows the annual net assets of Guizhou Gas Group Corporation Ltd Class A from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.07 Billion | +0.84% |
| 2023-12-31 | CN¥4.04 Billion | +9.34% |
| 2022-12-31 | CN¥3.70 Billion | -1.92% |
| 2021-12-31 | CN¥3.77 Billion | +11.41% |
| 2020-12-31 | CN¥3.38 Billion | +3.81% |
| 2019-12-31 | CN¥3.26 Billion | +16.00% |
| 2018-12-31 | CN¥2.81 Billion | -1.28% |
| 2017-12-31 | CN¥2.84 Billion | +6.10% |
| 2016-12-31 | CN¥2.68 Billion | +82.50% |
| 2015-12-31 | CN¥1.47 Billion | +102.53% |
| 2014-12-31 | CN¥725.37 Million | +21.07% |
| 2013-12-31 | CN¥599.12 Million | +6.50% |
| 2012-12-31 | CN¥562.58 Million | +14.50% |
| 2011-12-31 | CN¥491.32 Million | +15.29% |
| 2010-12-31 | CN¥426.16 Million | +21.02% |
| 2009-12-31 | CN¥352.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guizhou Gas Group Corporation Ltd Class A'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 1340.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.36 Billion | 43.36% |
| Common Stock | CN¥1.15 Billion | 36.77% |
| Other Comprehensive Income | CN¥363.02 Million | 11.61% |
| Other Components | CN¥258.52 Million | 8.26% |
| Total Equity | CN¥3.13 Billion | 100.00% |
Guizhou Gas Group Corporation Ltd Class A Competitors by Market Cap
The table below lists competitors of Guizhou Gas Group Corporation Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peugeot Invest Société anonyme
PINK:SFFFF
|
$346.78 Million |
|
Concord Biotech Limited
NSE:CONCORDBIO
|
$346.78 Million |
|
TELUS International
NYSE:TIXT
|
$346.81 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
$346.82 Million |
|
Shenke Slide Bearing Corp
SHE:002633
|
$346.52 Million |
|
Pentamaster Corporation Bhd
KLSE:7160
|
$346.47 Million |
|
ioneer Ltd American Depositary Shares
NASDAQ:IONR
|
$346.45 Million |
|
Tectonic Therapeutic, Inc.
NASDAQ:TECX
|
$346.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guizhou Gas Group Corporation Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,135,635,775 to 3,127,941,196, a change of -7,694,579 (-0.2%).
- Net income of 62,517,345 contributed positively to equity growth.
- Dividend payments of 224,086,499 reduced retained earnings.
- Other comprehensive income increased equity by 363,020,314.
- Other factors decreased equity by 209,145,739.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥62.52 Million | +2.0% |
| Dividends Paid | CN¥224.09 Million | -7.16% |
| Other Comprehensive Income | CN¥363.02 Million | +11.61% |
| Other Changes | CN¥-209.15 Million | -6.69% |
| Total Change | CN¥- | -0.25% |
Book Value vs Market Value Analysis
This analysis compares Guizhou Gas Group Corporation Ltd Class A'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: 2.74x
- 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 23.72x to 2.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.29 | CN¥6.86 | x |
| 2010-12-31 | CN¥0.35 | CN¥6.86 | x |
| 2011-12-31 | CN¥0.40 | CN¥6.86 | x |
| 2012-12-31 | CN¥0.45 | CN¥6.86 | x |
| 2013-12-31 | CN¥0.43 | CN¥6.86 | x |
| 2014-12-31 | CN¥0.52 | CN¥6.86 | x |
| 2015-12-31 | CN¥1.15 | CN¥6.86 | x |
| 2016-12-31 | CN¥2.43 | CN¥6.86 | x |
| 2017-12-31 | CN¥2.46 | CN¥6.86 | x |
| 2018-12-31 | CN¥2.03 | CN¥6.86 | x |
| 2019-12-31 | CN¥2.43 | CN¥6.86 | x |
| 2020-12-31 | CN¥2.48 | CN¥6.86 | x |
| 2021-12-31 | CN¥2.66 | CN¥6.86 | x |
| 2022-12-31 | CN¥2.58 | CN¥6.86 | x |
| 2023-12-31 | CN¥2.81 | CN¥6.86 | x |
| 2024-12-31 | CN¥2.50 | CN¥6.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guizhou Gas Group Corporation Ltd Class A 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): 2.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.94%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.64x
- Recent ROE (2.00%) is below the historical average (7.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 10.26% | 7.52% | 0.38x | 3.58x | CN¥838.26K |
| 2010 | 16.61% | 13.37% | 0.36x | 3.46x | CN¥26.23 Million |
| 2011 | 13.30% | 6.74% | 0.53x | 3.72x | CN¥14.79 Million |
| 2012 | 12.74% | 4.88% | 0.56x | 4.68x | CN¥13.88 Million |
| 2013 | 7.80% | 2.03% | 0.51x | 7.48x | CN¥-10.53 Million |
| 2014 | 6.84% | 1.80% | 0.42x | 9.01x | CN¥-15.98 Million |
| 2015 | 4.35% | 2.23% | 0.35x | 5.56x | CN¥-59.43 Million |
| 2016 | 4.42% | 4.39% | 0.30x | 3.37x | CN¥-125.85 Million |
| 2017 | 5.82% | 4.94% | 0.36x | 3.25x | CN¥-98.82 Million |
| 2018 | 7.40% | 4.76% | 0.44x | 3.53x | CN¥-60.34 Million |
| 2019 | 6.88% | 4.67% | 0.44x | 3.32x | CN¥-86.42 Million |
| 2020 | 7.32% | 4.86% | 0.46x | 3.26x | CN¥-75.74 Million |
| 2021 | 5.82% | 3.47% | 0.51x | 3.32x | CN¥-126.79 Million |
| 2022 | 0.87% | 0.41% | 0.60x | 3.51x | CN¥-268.35 Million |
| 2023 | 2.49% | 1.28% | 0.57x | 3.44x | CN¥-235.48 Million |
| 2024 | 2.00% | 0.94% | 0.59x | 3.64x | CN¥-250.28 Million |
Industry Comparison
This section compares Guizhou Gas Group Corporation Ltd Class A's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $7,158,557,425
- Average return on equity (ROE) among peers: 8.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guizhou Gas Group Corporation Ltd Class A (600903) | CN¥4.14 Billion | 10.26% | 1.77x | $346.65 Million |
| Delong Composite Energy Group Co Ltd (000593) | $933.66 Million | 2.04% | 1.10x | $622.98 Million |
| Shaanxi Meineng Clean Energy Corp. Ltd. A (001299) | $1.30 Billion | 6.72% | 0.36x | $106.29 Million |
| Xinjiang Haoyuan Natural Gas Co Ltd (002700) | $147.90 Million | 32.85% | 1.37x | $172.04 Million |
| Foran Energy Group Co Ltd (002911) | $745.57 Million | 24.41% | 1.42x | $410.21 Million |
| Top Resource Conservation Engineering Co Ltd (300332) | $3.54 Billion | 0.30% | 1.22x | $507.68 Million |
| Sichuan Qiaoyuan Gas Co.Ltd (301286) | $1.75 Billion | 8.51% | 0.14x | $245.07 Million |
| Changchun Gas Co Ltd (600333) | $2.06 Billion | -4.78% | 1.94x | $195.28 Million |
| Shanghai DaZhong Public Utilities Group Co Ltd (600635) | $1.16 Billion | 10.61% | 0.49x | $1.87 Billion |
| Bestsun Energy Co Ltd (600681) | $-593.14 Million | 0.00% | 0.00x | $86.89 Million |
| ENN Ecological Holdings Co Ltd (600803) | $60.54 Billion | 7.42% | 1.19x | $2.55 Billion |