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

Latest as of September 2025: CN¥4.26 Billion CNY ≈ $623.21 Million USD

Based on the latest financial reports, Gem-Year Industrial Co Ltd (601002) has net assets worth CN¥4.26 Billion CNY (≈ $623.21 Million 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¥5.04 Billion ≈ $737.15 Million USD) and total liabilities (CN¥778.60 Million ≈ $113.93 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 Gem-Year Industrial Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.26 Billion
% of Total Assets 84.54%
Annual Growth Rate 9.81%
5-Year Change 5.33%
10-Year Change 70.47%
Growth Volatility 23.39

Gem-Year Industrial Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Gem-Year Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Gem-Year Industrial Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Gem-Year Industrial Co Ltd (2003–2024)

The table below shows the annual net assets of Gem-Year Industrial Co Ltd from 2003 to 2024. For live valuation and market cap data, see Gem-Year Industrial Co Ltd (601002) market capitalisation.

Year Net Assets Change
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 7623.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.24 Billion 29.59%
Common Stock CN¥954.44 Million 22.86%
Other Components CN¥1.99 Billion 47.55%
Total Equity CN¥4.18 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
Mishra Dhatu Nigam Limited
NSE:MIDHANI
 $853.46 Million
Beijing Vastdata Technology Co Ltd
SHG:603138
 $853.61 Million
SMU S.A
SN:SMU
 $853.67 Million
Anhui Tongfeng Electronics Co Ltd
SHG:600237
 $853.70 Million
Grupo Posadas S.A.B. de C.V
MX:POSADASA
 $853.29 Million
Tsakos Energy Navigation Ltd
NYSE:TEN
 $853.21 Million
Asseco South Eastern Europe S.A.
WAR:ASE
 $852.64 Million
Barco NV
BR:BAR
 $852.56 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 2023 to 2024, total equity changed from 4,151,300,339 to 4,175,085,453, a change of 23,785,114 (0.6%).
  • Net income of 130,141,270 contributed positively to equity growth.
  • Dividend payments of 95,769,362 reduced retained earnings.
  • Share repurchases of 6,219,346 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥130.14 Million +3.12%
Dividends Paid CN¥95.77 Million -2.29%
Share Repurchases CN¥6.22 Million -0.15%
Other Changes CN¥-4.37 Million -0.1%
Total Change CN¥- 0.57%

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: 1.40x
  • 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 5.80x to 1.40x 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¥6.11 x
2004-12-31 CN¥1.39 CN¥6.11 x
2005-12-31 CN¥1.49 CN¥6.11 x
2006-12-31 CN¥1.43 CN¥6.11 x
2007-12-31 CN¥2.11 CN¥6.11 x
2008-12-31 CN¥2.19 CN¥6.11 x
2009-12-31 CN¥2.09 CN¥6.11 x
2010-12-31 CN¥2.38 CN¥6.11 x
2011-12-31 CN¥2.22 CN¥6.11 x
2012-12-31 CN¥2.85 CN¥6.11 x
2013-12-31 CN¥2.97 CN¥6.11 x
2014-12-31 CN¥2.89 CN¥6.11 x
2015-12-31 CN¥3.31 CN¥6.11 x
2016-12-31 CN¥2.93 CN¥6.11 x
2017-12-31 CN¥3.18 CN¥6.11 x
2018-12-31 CN¥3.18 CN¥6.11 x
2019-12-31 CN¥3.43 CN¥6.11 x
2020-12-31 CN¥4.41 CN¥6.11 x
2021-12-31 CN¥4.35 CN¥6.11 x
2022-12-31 CN¥4.46 CN¥6.11 x
2023-12-31 CN¥4.31 CN¥6.11 x
2024-12-31 CN¥4.37 CN¥6.11 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): 3.12%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.49%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 1.24x
  • Recent ROE (3.12%) is below the historical average (6.95%), 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

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: $2,596,692,402
  • Average return on equity (ROE) among peers: 8.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gem-Year Industrial Co Ltd (601002) CN¥4.26 Billion 19.30% 0.18x $853.35 Million
Bosun Tools Co Ltd (002282) $783.61 Million 0.98% 0.53x $536.57 Million
Ningbo Ligong Online Monitoring Technology Co Ltd (002322) $3.13 Billion 8.91% 0.12x $677.43 Million
Tianjin Saixiang Technology Co Ltd (002337) $1.27 Billion 2.79% 0.26x $540.92 Million
Hangzhou Great Star Industrial Co Ltd (002444) $10.81 Billion 11.74% 0.60x $6.38 Billion
Geron Co Ltd (002722) $2.51 Billion 5.00% 0.28x $519.01 Million
Zhejiang Zhongjian Technology Co Ltd (002779) $265.78 Million 17.29% 0.56x $2.05 Billion
Guangdong Kinlong Hardware Products Co Ltd (002791) $3.16 Billion 13.90% 0.57x $973.03 Million
Shenzhen Kaizhong Precision Technology Co Ltd (002823) $1.14 Billion 13.43% 0.72x $820.23 Million
Bichamp Cutting Technology Hunan Co Ltd (002843) $1.51 Billion 8.83% 0.79x $1.02 Billion
Wafangdian Bearing Co Ltd (200706) $1.39 Billion 0.73% 1.32x $143.90 Million

About Gem-Year Industrial Co Ltd

SHG:601002 China Tools & Accessories
Market Cap
$853.35 Million
CN¥5.83 Billion CNY
Market Cap Rank
#9944 Global
#2859 in China
Share Price
CN¥6.11
Change (1 day)
-0.97%
52-Week Range
CN¥4.60 - CN¥6.68
All Time High
CN¥14.25
Categories
Companies in China Tools & Accessories
About

Gem-Year Industrial Co.,Ltd. engages in the research, development, production, and sale of fasteners and hardware tools in China, the United States, Japan, Europe, and internationally. The company offers fastener products, including general fasteners, as well as power, steel structure, home appliance, furniture, gypsum board, and car series. It also provides hardware tools, such as toolboxes, too… Read more