Grandtop Yongxing Group Co.,Ltd
Grandtop Yongxing Group Co.,Ltd engages in the waste incineration power generation business in China. The company provides biomass processing services, such as biomass treatment services for catering, kitchen, dead poultry and livestock, feces, and other biomass waste. It is also involved in the operation management, technology research and development, incineration equipment manufacturing, flue … Read more
Grandtop Yongxing Group Co.,Ltd (601033) - Net Assets
Latest net assets as of September 2025: CN¥10.95 Billion CNY
Based on the latest financial reports, Grandtop Yongxing Group Co.,Ltd (601033) has net assets worth CN¥10.95 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¥25.62 Billion) and total liabilities (CN¥14.67 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¥10.95 Billion |
| % of Total Assets | 42.73% |
| Annual Growth Rate | 21.79% |
| 5-Year Change | 70.89% |
| 10-Year Change | N/A |
| Growth Volatility | 22.62 |
Grandtop Yongxing Group Co.,Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Grandtop Yongxing Group 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 Grandtop Yongxing Group Co.,Ltd (2019–2024)
The table below shows the annual net assets of Grandtop Yongxing Group Co.,Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.64 Billion | +33.82% |
| 2023-12-31 | CN¥7.95 Billion | -8.24% |
| 2022-12-31 | CN¥8.66 Billion | +30.49% |
| 2021-12-31 | CN¥6.64 Billion | +6.64% |
| 2020-12-31 | CN¥6.22 Billion | +56.84% |
| 2019-12-31 | CN¥3.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grandtop Yongxing Group 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 556.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.23 Billion | 11.75% |
| Common Stock | CN¥900.00 Million | 8.58% |
| Other Components | CN¥8.36 Billion | 79.67% |
| Total Equity | CN¥10.49 Billion | 100.00% |
Grandtop Yongxing Group Co.,Ltd Competitors by Market Cap
The table below lists competitors of Grandtop Yongxing Group Co.,Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Vastdata Technology Co Ltd
SHG:603138
|
$435.49 Million |
|
i3 Verticals Inc
NASDAQ:IIIV
|
$435.54 Million |
|
Tes Touch Embedded Solutions
SHE:003019
|
$435.61 Million |
|
Shenzhen Sunxing Light Alloys
SHG:603978
|
$435.68 Million |
|
D I Corp
KO:003160
|
$435.45 Million |
|
Atea ASA
PINK:ATEAY
|
$435.40 Million |
|
Inly Media Co Ltd
SHG:603598
|
$435.26 Million |
|
AdvanSix Inc
NYSE:ASIX
|
$435.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grandtop Yongxing Group Co.,Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,801,629,764 to 10,487,539,548, a change of 2,685,909,784 (34.4%).
- Net income of 820,574,445 contributed positively to equity growth.
- Dividend payments of 810,487,969 reduced retained earnings.
- Other factors increased equity by 2,675,823,308.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥820.57 Million | +7.82% |
| Dividends Paid | CN¥810.49 Million | -7.73% |
| Other Changes | CN¥2.68 Billion | +25.51% |
| Total Change | CN¥- | 34.43% |
Book Value vs Market Value Analysis
This analysis compares Grandtop Yongxing Group 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 3.06x 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 |
|---|---|---|---|
| 2019-12-31 | CN¥5.31 | CN¥16.26 | x |
| 2020-12-31 | CN¥8.70 | CN¥16.26 | x |
| 2021-12-31 | CN¥9.25 | CN¥16.26 | x |
| 2022-12-31 | CN¥10.77 | CN¥16.26 | x |
| 2023-12-31 | CN¥10.40 | CN¥16.26 | x |
| 2024-12-31 | CN¥11.65 | CN¥16.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grandtop Yongxing Group 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): 7.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.80%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.31x
- Recent ROE (7.82%) is below the historical average (7.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.62% | 8.78% | 0.14x | 2.93x | CN¥-221.26 Million |
| 2020 | 6.09% | 19.04% | 0.12x | 2.73x | CN¥-222.09 Million |
| 2021 | 11.25% | 27.07% | 0.12x | 3.38x | CN¥75.19 Million |
| 2022 | 8.92% | 22.05% | 0.13x | 3.09x | CN¥-87.05 Million |
| 2023 | 9.42% | 21.23% | 0.14x | 3.06x | CN¥-45.33 Million |
| 2024 | 7.82% | 21.80% | 0.16x | 2.31x | CN¥-228.18 Million |
Industry Comparison
This section compares Grandtop Yongxing Group Co.,Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $1,097,335,220
- Average return on equity (ROE) among peers: 12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grandtop Yongxing Group Co.,Ltd (601033) | CN¥10.95 Billion | 3.62% | 1.34x | $435.46 Million |
| China Tianying Inc (000035) | $-1.25 Billion | 0.00% | 0.00x | $1.65 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $2.99 Billion | 0.40% | 0.36x | $1.02 Billion |
| BECE Legend Group Co Ltd (000803) | $105.39 Million | 5.77% | 1.15x | $440.33 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $287.34 Million | 9.00% | 0.41x | $390.57 Million |
| Wangneng Environment Co Ltd (002034) | $95.69 Million | 23.41% | 2.12x | $480.27 Million |
| Beijing Orient Landscape Co Ltd (002310) | $5.15 Billion | 17.26% | 1.33x | $2.05 Billion |
| Qiaoyin Environmental Tech Co Ltd (002973) | $1.93 Billion | 13.22% | 1.97x | $283.77 Million |
| Tongxing Environmental Protection (003027) | $159.92 Million | 7.49% | 0.83x | $184.18 Million |
| Beijing Originwater Technology (300070) | $163.87 Million | 43.09% | 0.45x | $1.16 Billion |
| Yonker Environmental Protect (300187) | $1.33 Billion | 8.47% | 0.73x | $236.44 Million |