Gansu Guofang Gongmao(Grp) (601086) - Net Assets
Based on the latest financial reports, Gansu Guofang Gongmao(Grp) (601086) has net assets worth CN¥1.59 Billion CNY (≈ $232.68 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¥2.78 Billion ≈ $406.51 Million USD) and total liabilities (CN¥1.19 Billion ≈ $173.83 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 601086 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.59 Billion |
| % of Total Assets | 57.24% |
| Annual Growth Rate | 6.73% |
| 5-Year Change | -15.29% |
| 10-Year Change | 45.54% |
| Growth Volatility | 16.72 |
Gansu Guofang Gongmao(Grp) - Net Assets Trend (2011–2024)
This chart illustrates how Gansu Guofang Gongmao(Grp)'s net assets have evolved over time, based on quarterly financial data. Also explore Gansu Guofang Gongmao(Grp) total assets for the complete picture of this company's asset base.
Annual Net Assets for Gansu Guofang Gongmao(Grp) (2011–2024)
The table below shows the annual net assets of Gansu Guofang Gongmao(Grp) from 2011 to 2024. For live valuation and market cap data, see market cap of Gansu Guofang Gongmao(Grp).
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.58 Billion ≈ $231.33 Million |
-3.87% |
| 2023-12-31 | CN¥1.64 Billion ≈ $240.64 Million |
+6.52% |
| 2022-12-31 | CN¥1.54 Billion ≈ $225.90 Million |
+0.09% |
| 2021-12-31 | CN¥1.54 Billion ≈ $225.71 Million |
-17.35% |
| 2020-12-31 | CN¥1.87 Billion ≈ $273.08 Million |
+2.90% |
| 2019-12-31 | CN¥1.81 Billion ≈ $265.40 Million |
+1.55% |
| 2018-12-31 | CN¥1.79 Billion ≈ $261.35 Million |
+1.06% |
| 2017-12-31 | CN¥1.77 Billion ≈ $258.61 Million |
+49.52% |
| 2016-12-31 | CN¥1.18 Billion ≈ $172.96 Million |
+8.81% |
| 2015-12-31 | CN¥1.09 Billion ≈ $158.95 Million |
+26.36% |
| 2014-12-31 | CN¥859.63 Million ≈ $125.79 Million |
+10.83% |
| 2013-12-31 | CN¥775.61 Million ≈ $113.50 Million |
+25.65% |
| 2012-12-31 | CN¥617.27 Million ≈ $90.33 Million |
-8.94% |
| 2011-12-31 | CN¥677.90 Million ≈ $99.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gansu Guofang Gongmao(Grp)'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 156.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥327.33 Million | 20.71% |
| Common Stock | CN¥666.00 Million | 42.13% |
| Other Comprehensive Income | CN¥295.32 Million | 18.68% |
| Other Components | CN¥292.24 Million | 18.49% |
| Total Equity | CN¥1.58 Billion | 100.00% |
Gansu Guofang Gongmao(Grp) Competitors by Market Cap
The table below lists competitors of Gansu Guofang Gongmao(Grp) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHANGHAI JUNSHI BIO YC1
F:8SJ
|
$870.34 Million |
|
Nsfocus Information Technology Co Ltd
SHE:300369
|
$870.67 Million |
|
Frontier Group Holdings Inc
NASDAQ:ULCC
|
$870.68 Million |
|
KRN Heat Exchanger and Refrigeration
NSE:KRN
|
$870.73 Million |
|
Lloyds Engineering Works Limited
NSE:LLOYDSENGG
|
$870.15 Million |
|
Osisko Development Corp
V:ODV
|
$870.11 Million |
|
BMC Medical Co. Ltd. A
SHE:301367
|
$869.67 Million |
|
Guangdong Great River Smarter Logistics Co Ltd Class A
SHE:002930
|
$869.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gansu Guofang Gongmao(Grp)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,644,471,730 to 1,580,894,261, a change of -63,577,469 (-3.9%).
- Net income of 58,008,340 contributed positively to equity growth.
- Dividend payments of 119,150,486 reduced retained earnings.
- Share repurchases of 21,209,319 reduced equity.
- Other comprehensive income increased equity by 226,903,695.
- Other factors decreased equity by 208,129,699.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥58.01 Million | +3.67% |
| Dividends Paid | CN¥119.15 Million | -7.54% |
| Share Repurchases | CN¥21.21 Million | -1.34% |
| Other Comprehensive Income | CN¥226.90 Million | +14.35% |
| Other Changes | CN¥-208.13 Million | -13.17% |
| Total Change | CN¥- | -3.87% |
Book Value vs Market Value Analysis
This analysis compares Gansu Guofang Gongmao(Grp)'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: 3.73x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.78x to 3.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.32 | CN¥8.93 | x |
| 2012-12-31 | CN¥1.23 | CN¥8.93 | x |
| 2013-12-31 | CN¥1.55 | CN¥8.93 | x |
| 2014-12-31 | CN¥1.72 | CN¥8.93 | x |
| 2015-12-31 | CN¥2.19 | CN¥8.93 | x |
| 2016-12-31 | CN¥2.32 | CN¥8.93 | x |
| 2017-12-31 | CN¥3.22 | CN¥8.93 | x |
| 2018-12-31 | CN¥2.71 | CN¥8.93 | x |
| 2019-12-31 | CN¥2.72 | CN¥8.93 | x |
| 2020-12-31 | CN¥2.80 | CN¥8.93 | x |
| 2021-12-31 | CN¥2.32 | CN¥8.93 | x |
| 2022-12-31 | CN¥2.32 | CN¥8.93 | x |
| 2023-12-31 | CN¥2.50 | CN¥8.93 | x |
| 2024-12-31 | CN¥2.39 | CN¥8.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gansu Guofang Gongmao(Grp) 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): 3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.66%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.76x
- Recent ROE (3.67%) is below the historical average (10.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 19.73% | 4.85% | 1.21x | 3.37x | CN¥65.75 Million |
| 2012 | 22.68% | 4.90% | 1.21x | 3.82x | CN¥78.06 Million |
| 2013 | 20.64% | 5.06% | 1.49x | 2.73x | CN¥82.52 Million |
| 2014 | 15.66% | 4.32% | 1.55x | 2.33x | CN¥48.64 Million |
| 2015 | 9.61% | 3.56% | 1.39x | 1.94x | CN¥-4.28 Million |
| 2016 | 7.77% | 3.23% | 1.23x | 1.96x | CN¥-26.37 Million |
| 2017 | 6.84% | 4.17% | 1.09x | 1.50x | CN¥-55.81 Million |
| 2018 | 7.37% | 4.50% | 1.11x | 1.47x | CN¥-46.91 Million |
| 2019 | 6.34% | 4.15% | 1.00x | 1.52x | CN¥-66.45 Million |
| 2020 | 5.40% | 9.87% | 0.39x | 1.40x | CN¥-85.78 Million |
| 2021 | 5.61% | 8.94% | 0.39x | 1.61x | CN¥-67.74 Million |
| 2022 | 7.69% | 15.74% | 0.31x | 1.59x | CN¥-35.66 Million |
| 2023 | 9.59% | 16.27% | 0.35x | 1.67x | CN¥-6.69 Million |
| 2024 | 3.67% | 7.66% | 0.27x | 1.76x | CN¥-100.08 Million |
Industry Comparison
This section compares Gansu Guofang Gongmao(Grp)'s net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,784,586,171
- Average return on equity (ROE) among peers: 7.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gansu Guofang Gongmao(Grp) (601086) | CN¥1.59 Billion | 19.73% | 0.75x | $870.29 Million |
| Hefei Department Store Group Co Ltd (000417) | $3.72 Billion | 9.85% | 1.14x | $763.47 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $895.76 Million | 11.76% | 2.56x | $463.74 Million |
| Wushang Group Co Ltd (000501) | $1.56 Billion | 15.35% | 2.76x | $942.98 Million |
| CCOOP Group Co Ltd (000564) | $512.88 Million | 0.56% | 1.27x | $4.62 Billion |
| Dalian Friendship Group Co Ltd (000679) | $275.21 Million | -13.50% | 2.47x | $377.58 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $1.22 Billion | 7.30% | 0.75x | $473.70 Million |
| Easyhome New Retail Group Co Ltd (000785) | $636.92 Million | 1.30% | 2.21x | $2.35 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $6.26 Billion | 1.85% | 0.72x | $660.93 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $2.38 Billion | 10.01% | 0.90x | $634.86 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $403.01 Million | 30.68% | 2.74x | $1.63 Billion |
About Gansu Guofang Gongmao(Grp)
Gansu Guofang Industry & Trade (Group) Co., Ltd. engages in the chain retail business in China. The company operates department stores under the Dongfanghong Plaza Store, Baiyin World Trade Center Store, Ningxia Shopping Plaza Store, Zhangye Shopping Plaza Store, Xining Guofang Department Store, Guofang G99 Shopping Center, and Jinchang Guofang Department Store; supermarkets under the Zongchao Pl… Read more