Gem-Year Industrial Co Ltd (601002) - Net Assets

Latest as of March 2026: CN¥4.40 Billion CNY ≈ $644.26 Million USD

Based on the latest financial reports, Gem-Year Industrial Co Ltd (601002) has net assets worth CN¥4.40 Billion CNY (≈ $644.26 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¥5.39 Billion ≈ $789.08 Million USD) and total liabilities (CN¥989.67 Million ≈ $144.82 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 tangible net worth ratio of Gem-Year Industrial Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.40 Billion
% of Total Assets	81.65%
Annual Growth Rate	9.53%
5-Year Change	4.53%
10-Year Change	71.12%
Growth Volatility	22.91

Gem-Year Industrial Co Ltd - Net Assets Trend (2003–2025)

This chart illustrates how Gem-Year Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See 601002 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Gem-Year Industrial Co Ltd (2003–2025)

The table below shows the annual net assets of Gem-Year Industrial Co Ltd from 2003 to 2025. For live valuation and market cap data, see Gem-Year Industrial Co Ltd (601002) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥4.34 Billion ≈ $635.15 Million	+3.71%
2024-12-31	CN¥4.19 Billion ≈ $612.40 Million	+0.36%
2023-12-31	CN¥4.17 Billion ≈ $610.21 Million	-2.59%
2022-12-31	CN¥4.28 Billion ≈ $626.43 Million	+3.09%
2021-12-31	CN¥4.15 Billion ≈ $607.64 Million	+4.52%
2020-12-31	CN¥3.97 Billion ≈ $581.39 Million	+34.26%
2019-12-31	CN¥2.96 Billion ≈ $433.02 Million	+4.90%
2018-12-31	CN¥2.82 Billion ≈ $412.81 Million	+4.19%
2017-12-31	CN¥2.71 Billion ≈ $396.20 Million	+6.74%
2016-12-31	CN¥2.54 Billion ≈ $371.17 Million	+3.32%
2015-12-31	CN¥2.46 Billion ≈ $359.24 Million	-3.66%
2014-12-31	CN¥2.55 Billion ≈ $372.91 Million	+2.45%
2013-12-31	CN¥2.49 Billion ≈ $363.98 Million	+30.92%
2012-12-31	CN¥1.90 Billion ≈ $278.01 Million	-0.67%
2011-12-31	CN¥1.91 Billion ≈ $279.90 Million	-3.90%
2010-12-31	CN¥1.99 Billion ≈ $291.26 Million	+9.45%
2009-12-31	CN¥1.82 Billion ≈ $266.11 Million	-0.51%
2008-12-31	CN¥1.83 Billion ≈ $267.46 Million	+9.33%
2007-12-31	CN¥1.67 Billion ≈ $244.63 Million	+103.40%
2006-12-31	CN¥821.91 Million ≈ $120.27 Million	-1.76%
2005-12-31	CN¥836.62 Million ≈ $122.42 Million	+7.21%
2004-12-31	CN¥780.33 Million ≈ $114.19 Million	+33.20%
2003-12-31	CN¥585.85 Million ≈ $85.73 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gem-Year Industrial 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 8437.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.37 Billion	31.54%
Common Stock	CN¥954.44 Million	22.04%
Other Comprehensive Income	CN¥352.56 Million	8.14%
Other Components	CN¥1.66 Billion	38.27%
Total Equity	CN¥4.33 Billion	100.00%

Gem-Year Industrial Co Ltd Competitors by Market Cap

The table below lists competitors of Gem-Year Industrial Co Ltd ranked by their market capitalization.

Company	Market Cap
Zhejiang Yankon Group Co Ltd SHG:600261	$607.57 Million
Wuxi Delinhai Environmental Technology Co Ltd SHG:688069	$607.68 Million
Shanghai Jiaoda Onlly Co Ltd SHG:600530	$607.80 Million
Guizhou Chitianhua Co Ltd SHG:600227	$607.90 Million
SAMPYO Cement Co. Ltd KQ:038500	$607.48 Million
Phreesia Inc NYSE:PHR	$607.09 Million
Mrs. Bectors Food Specialities Limited NSE:BECTORFOOD	$606.46 Million
Ridgepost Capital, Inc NYSE:RPC	$606.20 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gem-Year Industrial Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,175,085,453 to 4,329,757,737, a change of 154,672,284 (3.7%).
Net income of 242,215,077 contributed positively to equity growth.
Dividend payments of 95,522,655 reduced retained earnings.
Other comprehensive income increased equity by 352,556,078.
Other factors decreased equity by 344,576,216.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥242.22 Million	+5.59%
Dividends Paid	CN¥95.52 Million	-2.21%
Other Comprehensive Income	CN¥352.56 Million	+8.14%
Other Changes	CN¥-344.58 Million	-7.96%
Total Change	CN¥-	3.70%

Book Value vs Market Value Analysis

This analysis compares Gem-Year Industrial 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: 0.95x
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 4.13x to 0.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	CN¥1.05	CN¥4.35	x
2004-12-31	CN¥1.39	CN¥4.35	x
2005-12-31	CN¥1.49	CN¥4.35	x
2006-12-31	CN¥1.43	CN¥4.35	x
2007-12-31	CN¥2.11	CN¥4.35	x
2008-12-31	CN¥2.19	CN¥4.35	x
2009-12-31	CN¥2.09	CN¥4.35	x
2010-12-31	CN¥2.38	CN¥4.35	x
2011-12-31	CN¥2.22	CN¥4.35	x
2012-12-31	CN¥2.28	CN¥4.35	x
2013-12-31	CN¥2.97	CN¥4.35	x
2014-12-31	CN¥2.89	CN¥4.35	x
2015-12-31	CN¥3.31	CN¥4.35	x
2016-12-31	CN¥2.93	CN¥4.35	x
2017-12-31	CN¥3.18	CN¥4.35	x
2018-12-31	CN¥3.18	CN¥4.35	x
2019-12-31	CN¥3.33	CN¥4.35	x
2020-12-31	CN¥4.41	CN¥4.35	x
2021-12-31	CN¥4.23	CN¥4.35	x
2022-12-31	CN¥4.45	CN¥4.35	x
2023-12-31	CN¥4.31	CN¥4.35	x
2024-12-31	CN¥4.49	CN¥4.35	x
2025-12-31	CN¥4.57	CN¥4.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gem-Year Industrial 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): 5.59%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.37%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.21x
Recent ROE (5.59%) is below the historical average (6.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	19.30%	12.84%	0.65x	2.32x	CN¥51.74 Million
2004	26.40%	17.39%	0.72x	2.10x	CN¥120.45 Million
2005	17.35%	11.51%	0.77x	1.96x	CN¥57.80 Million
2006	11.95%	7.27%	0.67x	2.47x	CN¥14.75 Million
2007	2.46%	2.94%	0.47x	1.78x	CN¥-114.76 Million
2008	5.81%	5.01%	0.61x	1.91x	CN¥-67.77 Million
2009	-0.10%	-0.09%	0.51x	2.07x	CN¥-163.34 Million
2010	13.01%	7.64%	0.76x	2.25x	CN¥53.52 Million
2011	4.05%	2.55%	0.70x	2.29x	CN¥-100.97 Million
2012	-0.70%	-0.45%	0.63x	2.46x	CN¥-180.36 Million
2013	3.70%	3.07%	0.62x	1.94x	CN¥-142.80 Million
2014	5.89%	4.56%	0.75x	1.72x	CN¥-95.81 Million
2015	-0.60%	-0.60%	0.57x	1.77x	CN¥-237.93 Million
2016	3.07%	3.12%	0.54x	1.83x	CN¥-160.73 Million
2017	5.98%	4.97%	0.67x	1.80x	CN¥-99.31 Million
2018	6.91%	5.12%	0.73x	1.84x	CN¥-79.51 Million
2019	5.10%	4.70%	0.70x	1.56x	CN¥-133.09 Million
2020	12.70%	19.92%	0.51x	1.25x	CN¥106.93 Million
2021	5.20%	7.49%	0.54x	1.30x	CN¥-198.23 Million
2022	2.70%	4.23%	0.52x	1.24x	CN¥-311.29 Million
2023	-0.46%	-0.83%	0.44x	1.26x	CN¥-434.42 Million
2024	3.12%	5.49%	0.46x	1.24x	CN¥-287.37 Million
2025	5.59%	10.37%	0.44x	1.21x	CN¥-190.76 Million

Industry Comparison

This section compares Gem-Year Industrial Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.

Industry Context

Industry: Tools & Accessories
Average net assets among peers: $1,410,393,862
Average return on equity (ROE) among peers: 13.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gem-Year Industrial Co Ltd (601002)	CN¥4.40 Billion	19.30%	0.22x	$607.54 Million
Bosun Tools Co Ltd (002282)	$160.55 Million	23.42%	0.83x	$443.28 Million
Ningbo Ligong Online Monitoring Technology Co Ltd (002322)	$3.08 Billion	7.59%	0.19x	$538.17 Million
Tianjin Saixiang Technology Co Ltd (002337)	$1.27 Billion	2.79%	0.26x	$381.57 Million
Hangzhou Great Star Industrial Co Ltd (002444)	$3.61 Billion	11.83%	0.28x	$5.43 Billion
Geron Co Ltd (002722)	$1.91 Billion	3.09%	0.60x	$387.55 Million
Zhejiang Zhongjian Technology Co Ltd (002779)	$322.81 Million	17.67%	0.50x	$1.90 Billion
Guangdong Kinlong Hardware Products Co Ltd (002791)	$1.18 Billion	18.27%	0.42x	$678.38 Million
Shenzhen Kaizhong Precision Technology Co Ltd (002823)	$1.00 Billion	12.81%	0.62x	$687.13 Million
Bichamp Cutting Technology Hunan Co Ltd (002843)	$259.92 Million	25.72%	0.73x	$717.59 Million
Wafangdian Bearing Co Ltd (200706)	$1.30 Billion	7.90%	1.20x	$143.90 Million

About Gem-Year Industrial Co Ltd

SHG:601002 China Tools & Accessories

Market Cap

$607.54 Million

CN¥4.15 Billion CNY

Market Cap Rank

#11234 Global

#3141 in China

Share Price

CN¥4.35

Change (1 day)

-2.25%

52-Week Range

CN¥4.35 - CN¥6.68

All Time High

CN¥14.25