China National Gold Group Gold Jewellery Co Ltd
China National Gold Group Gold Jewellery Co.,Ltd. engages in the research and development, processing, wholesale, and retail of gold, silver, jewelry, and mold products in China and internationally. It offers gold products, including gold bars, jewelry, and other gold products; K gold jewelry products comprising jewelry made of K gold, platinum, silver, etc., as well as inlaid jewelry products, s… Read more
China National Gold Group Gold Jewellery Co Ltd (600916) - Net Assets
Latest net assets as of June 2025: CN¥7.28 Billion CNY
Based on the latest financial reports, China National Gold Group Gold Jewellery Co Ltd (600916) has net assets worth CN¥7.28 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¥13.41 Billion) and total liabilities (CN¥6.12 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¥7.28 Billion |
| % of Total Assets | 54.31% |
| Annual Growth Rate | 21.12% |
| 5-Year Change | 42.95% |
| 10-Year Change | N/A |
| Growth Volatility | 43.74 |
China National Gold Group Gold Jewellery Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how China National Gold Group Gold Jewellery 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 China National Gold Group Gold Jewellery Co Ltd (2016–2024)
The table below shows the annual net assets of China National Gold Group Gold Jewellery Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.55 Billion | +0.99% |
| 2023-12-31 | CN¥7.47 Billion | +6.70% |
| 2022-12-31 | CN¥7.00 Billion | +5.48% |
| 2021-12-31 | CN¥6.64 Billion | +25.77% |
| 2020-12-31 | CN¥5.28 Billion | +11.18% |
| 2019-12-31 | CN¥4.75 Billion | +10.71% |
| 2018-12-31 | CN¥4.29 Billion | +9.33% |
| 2017-12-31 | CN¥3.92 Billion | +140.71% |
| 2016-12-31 | CN¥1.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China National Gold Group Gold Jewellery 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 368.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.06 Billion | 41.01% |
| Other Components | CN¥4.39 Billion | 58.99% |
| Total Equity | CN¥7.45 Billion | 100.00% |
China National Gold Group Gold Jewellery Co Ltd Competitors by Market Cap
The table below lists competitors of China National Gold Group Gold Jewellery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BHI Co. Ltd
KQ:083650
|
$972.77 Million |
|
Skywater Technology Inc
NASDAQ:SKYT
|
$972.95 Million |
|
Eerly Govt Ppty Inc
NYSE:DEA
|
$973.27 Million |
|
Nyfosa AB
LSE:0A0K
|
$973.31 Million |
|
Array Technologies Inc
NASDAQ:ARRY
|
$972.65 Million |
|
Cheil Worldwide
KO:030000
|
$972.25 Million |
|
Shenzhen CECport Technologies Co. Ltd. A
SHE:001287
|
$972.07 Million |
|
AQ Group AB
ST:AQ
|
$971.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China National Gold Group Gold Jewellery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,383,578,112 to 7,449,257,129, a change of 65,679,017 (0.9%).
- Net income of 818,389,949 contributed positively to equity growth.
- Dividend payments of 806,117,351 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥818.39 Million | +10.99% |
| Dividends Paid | CN¥806.12 Million | -10.82% |
| Other Changes | CN¥53.41 Million | +0.72% |
| Total Change | CN¥- | 0.89% |
Book Value vs Market Value Analysis
This analysis compares China National Gold Group Gold Jewellery 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: 2.23x
- 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 5.67x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.75 | CN¥9.91 | x |
| 2017-12-31 | CN¥3.77 | CN¥9.91 | x |
| 2018-12-31 | CN¥2.82 | CN¥9.91 | x |
| 2019-12-31 | CN¥3.12 | CN¥9.91 | x |
| 2020-12-31 | CN¥3.43 | CN¥9.91 | x |
| 2021-12-31 | CN¥3.96 | CN¥9.91 | x |
| 2022-12-31 | CN¥4.16 | CN¥9.91 | x |
| 2023-12-31 | CN¥4.39 | CN¥9.91 | x |
| 2024-12-31 | CN¥4.43 | CN¥9.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China National Gold Group Gold Jewellery 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): 10.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.35%
- • Asset Turnover: 4.69x
- • Equity Multiplier: 1.73x
- Recent ROE (10.99%) is above the historical average (10.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.43% | 0.68% | 5.99x | 2.82x | CN¥22.73 Million |
| 2017 | 7.69% | 1.06% | 4.38x | 1.66x | CN¥-89.51 Million |
| 2018 | 8.51% | 0.88% | 5.53x | 1.74x | CN¥-63.16 Million |
| 2019 | 9.61% | 1.18% | 4.54x | 1.79x | CN¥-18.45 Million |
| 2020 | 9.62% | 1.48% | 3.74x | 1.74x | CN¥-19.78 Million |
| 2021 | 12.12% | 1.57% | 4.61x | 1.68x | CN¥138.83 Million |
| 2022 | 11.06% | 1.62% | 4.05x | 1.68x | CN¥73.54 Million |
| 2023 | 13.18% | 1.73% | 4.30x | 1.78x | CN¥235.12 Million |
| 2024 | 10.99% | 1.35% | 4.69x | 1.73x | CN¥73.46 Million |
Industry Comparison
This section compares China National Gold Group Gold Jewellery Co Ltd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $1,679,638,065
- Average return on equity (ROE) among peers: 13.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China National Gold Group Gold Jewellery Co Ltd (600916) | CN¥7.28 Billion | 11.43% | 0.84x | $972.71 Million |
| Innovative Medical Management Co Ltd (002173) | $134.18 Million | 19.54% | 1.80x | $1.16 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.57 Billion | 9.94% | 0.70x | $752.53 Million |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.13 Billion | 0.58% | 1.25x | $194.85 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $2.05 Billion | 32.41% | 0.07x | $615.93 Million |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $1.23 Billion | 2.34% | 1.89x | $148.12 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $1.15 Billion | 21.28% | 0.65x | $625.45 Million |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.90 Billion | 7.20% | 0.37x | $117.48 Million |
| Fiyta Holdings Ltd (200026) | $3.14 Billion | 8.50% | 0.31x | $210.32 Million |
| MCLON JEWELLERY Co.Ltd. (300945) | $538.90 Million | 11.81% | 0.15x | $303.73 Million |
| Henan Liliang Diamond Co. Ltd. (301071) | $958.32 Million | 25.00% | 0.49x | $761.89 Million |