Guangzhou Automobile Group Co Ltd Class A (601238) - Net Assets

Latest as of September 2025: CN¥116.43 Billion CNY ≈ $17.04 Billion USD

Based on the latest financial reports, Guangzhou Automobile Group Co Ltd Class A (601238) has net assets worth CN¥116.43 Billion CNY (≈ $17.04 Billion 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¥212.91 Billion ≈ $31.16 Billion USD) and total liabilities (CN¥96.48 Billion ≈ $14.12 Billion 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 Guangzhou Automobile Group Co Ltd Class liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥116.43 Billion
% of Total Assets	54.68%
Annual Growth Rate	14.23%
5-Year Change	40.52%
10-Year Change	208.78%
Growth Volatility	13.33

Guangzhou Automobile Group Co Ltd Class A - Net Assets Trend (2004–2024)

This chart illustrates how Guangzhou Automobile Group Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 601238 total assets for the complete picture of this company's asset base.

Annual Net Assets for Guangzhou Automobile Group Co Ltd Class A (2004–2024)

The table below shows the annual net assets of Guangzhou Automobile Group Co Ltd Class A from 2004 to 2024. For live valuation and market cap data, see 601238 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥121.78 Billion ≈ $17.82 Billion	-2.11%
2023-12-31	CN¥124.40 Billion ≈ $18.20 Billion	+1.76%
2022-12-31	CN¥122.25 Billion ≈ $17.89 Billion	+32.03%
2021-12-31	CN¥92.59 Billion ≈ $13.55 Billion	+6.85%
2020-12-31	CN¥86.66 Billion ≈ $12.68 Billion	+5.10%
2019-12-31	CN¥82.45 Billion ≈ $12.07 Billion	+5.82%
2018-12-31	CN¥77.92 Billion ≈ $11.40 Billion	+10.66%
2017-12-31	CN¥70.41 Billion ≈ $10.30 Billion	+57.04%
2016-12-31	CN¥44.84 Billion ≈ $6.56 Billion	+13.70%
2015-12-31	CN¥39.44 Billion ≈ $5.77 Billion	+9.20%
2014-12-31	CN¥36.12 Billion ≈ $5.28 Billion	+6.03%
2013-12-31	CN¥34.06 Billion ≈ $4.98 Billion	+6.41%
2012-12-31	CN¥32.01 Billion ≈ $4.68 Billion	+6.23%
2011-12-31	CN¥30.13 Billion ≈ $4.41 Billion	+16.83%
2010-12-31	CN¥25.79 Billion ≈ $3.77 Billion	+20.56%
2009-12-31	CN¥21.39 Billion ≈ $3.13 Billion	+13.98%
2008-12-31	CN¥18.77 Billion ≈ $2.75 Billion	+13.47%
2007-12-31	CN¥16.54 Billion ≈ $2.42 Billion	+29.32%
2006-12-31	CN¥12.79 Billion ≈ $1.87 Billion	+14.80%
2005-12-31	CN¥11.14 Billion ≈ $1.63 Billion	+30.84%
2004-12-31	CN¥8.52 Billion ≈ $1.25 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Guangzhou Automobile Group Co Ltd Class A'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 35520.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥57.08 Billion	49.91%
Common Stock	CN¥10.34 Billion	9.04%
Other Comprehensive Income	CN¥113.38 Million	0.10%
Other Components	CN¥46.82 Billion	40.94%
Total Equity	CN¥114.35 Billion	100.00%

Guangzhou Automobile Group Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Guangzhou Automobile Group Co Ltd Class A ranked by their market capitalization.

Company	Market Cap
UGI Corporation NYSE:UGI	$7.60 Billion
Shenzhen Capchem Tech SHE:300037	$7.60 Billion
Thai Beverage Public Company Limited F:T6W	$7.61 Billion
Commercial Metals Company NYSE:CMC	$7.61 Billion
Barry Callebaut AG SW:BARN	$7.59 Billion
SHOPRITE HDGS ADR RC-01 F:HY7A	$7.59 Billion
One 97 Communications Limited NSE:PAYTM	$7.58 Billion
CD PROJEKT SA WAR:CDR	$7.58 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangzhou Automobile Group Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 115,720,153,444 to 114,354,081,000, a change of -1,366,072,444 (-1.2%).
Net income of 823,582,000 contributed positively to equity growth.
Dividend payments of 2,364,360,000 reduced retained earnings.
Other comprehensive income decreased equity by 68,203,402.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥823.58 Million	+0.72%
Dividends Paid	CN¥2.36 Billion	-2.07%
Other Comprehensive Income	CN¥-68.20 Million	-0.06%
Other Changes	CN¥242.91 Million	+0.21%
Total Change	CN¥-	-1.18%

Book Value vs Market Value Analysis

This analysis compares Guangzhou Automobile Group Co Ltd Class A'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: 0.63x
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 9.07x to 0.63x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CN¥0.77	CN¥7.03	x
2005-12-31	CN¥1.13	CN¥7.03	x
2006-12-31	CN¥1.29	CN¥7.03	x
2007-12-31	CN¥2.00	CN¥7.03	x
2008-12-31	CN¥2.34	CN¥7.03	x
2009-12-31	CN¥1.52	CN¥7.03	x
2010-12-31	CN¥3.91	CN¥7.03	x
2011-12-31	CN¥3.36	CN¥7.03	x
2012-12-31	CN¥3.53	CN¥7.03	x
2013-12-31	CN¥3.65	CN¥7.03	x
2014-12-31	CN¥3.95	CN¥7.03	x
2015-12-31	CN¥4.30	CN¥7.03	x
2016-12-31	CN¥4.83	CN¥7.03	x
2017-12-31	CN¥7.40	CN¥7.03	x
2018-12-31	CN¥7.44	CN¥7.03	x
2019-12-31	CN¥7.69	CN¥7.03	x
2020-12-31	CN¥8.09	CN¥7.03	x
2021-12-31	CN¥8.74	CN¥7.03	x
2022-12-31	CN¥10.81	CN¥7.03	x
2023-12-31	CN¥10.97	CN¥7.03	x
2024-12-31	CN¥11.11	CN¥7.03	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangzhou Automobile Group Co Ltd Class A 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): 0.72%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.76%
• Asset Turnover: 0.46x
• Equity Multiplier: 2.03x
Recent ROE (0.72%) is below the historical average (13.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	19.29%	3.82%	1.29x	3.91x	CN¥352.72 Million
2005	28.00%	7.71%	1.17x	3.10x	CN¥999.86 Million
2006	19.80%	4.24%	1.36x	3.44x	CN¥621.15 Million
2007	35.56%	8.20%	1.59x	2.73x	CN¥2.50 Billion
2008	14.05%	23.04%	0.30x	2.05x	CN¥460.59 Million
2009	15.60%	28.77%	0.22x	2.51x	CN¥728.76 Million
2010	16.80%	49.12%	0.23x	1.50x	CN¥1.74 Billion
2011	14.65%	38.89%	0.25x	1.52x	CN¥1.36 Billion
2012	3.65%	8.74%	0.26x	1.59x	CN¥-1.98 Billion
2013	8.02%	14.18%	0.33x	1.74x	CN¥-656.86 Million
2014	9.05%	14.27%	0.36x	1.76x	CN¥-337.14 Million
2015	10.97%	14.39%	0.44x	1.74x	CN¥373.09 Million
2016	14.36%	12.72%	0.60x	1.87x	CN¥1.91 Billion
2017	15.55%	15.07%	0.60x	1.72x	CN¥3.85 Billion
2018	14.24%	15.06%	0.55x	1.73x	CN¥3.25 Billion
2019	8.26%	11.08%	0.43x	1.71x	CN¥-1.40 Billion
2020	7.08%	9.45%	0.44x	1.69x	CN¥-2.47 Billion
2021	8.13%	9.69%	0.49x	1.71x	CN¥-1.69 Billion
2022	7.12%	7.31%	0.58x	1.68x	CN¥-3.26 Billion
2023	3.83%	3.41%	0.59x	1.89x	CN¥-7.14 Billion
2024	0.72%	0.76%	0.46x	2.03x	CN¥-10.61 Billion

Industry Comparison

This section compares Guangzhou Automobile Group Co Ltd Class A's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

Industry: Auto Manufacturers
Average net assets among peers: $17,408,759,329
Average return on equity (ROE) among peers: -33.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangzhou Automobile Group Co Ltd Class A (601238)	CN¥116.43 Billion	19.29%	0.83x	$7.60 Billion
Weichai Power Co Ltd Class A (000338)	$80.43 Billion	11.47%	2.37x	$30.91 Billion
Jiangling Motors Corp Ltd (000550)	$1.38 Billion	3.14%	2.33x	$1.42 Billion
Haima Automobile Group Co Ltd (000572)	$3.79 Billion	12.92%	1.18x	$1.35 Billion
Chongqing Changan Automobile Co Ltd (000625)	$74.68 Billion	15.17%	1.55x	$11.53 Billion
Faw Car Co Ltd (000800)	$3.22 Billion	12.55%	0.49x	$4.85 Billion
Anhui Ankai Automobile Co Ltd (000868)	$788.35 Million	9.30%	2.22x	$613.16 Million
Kunming Yunnei Power Co Ltd (000903)	$2.58 Billion	1.55%	0.72x	$620.05 Million
Zhejiang Qianjiang Motorcycle Co Ltd (000913)	$2.52 Billion	2.52%	0.74x	$1.04 Billion
Zotye Automobile Co Ltd (000980)	$240.46 Million	-416.07%	14.00x	$1.86 Billion
Yinyi Real Estate Co Ltd (000981)	$4.45 Billion	14.29%	4.40x	$5.62 Billion

About Guangzhou Automobile Group Co Ltd Class A

SHG:601238 China Auto Manufacturers

Market Cap

$7.60 Billion

CN¥51.91 Billion CNY

Market Cap Rank

#2709 Global

#343 in China

Share Price

CN¥7.03

Change (1 day)

+0.00%

52-Week Range

CN¥6.96 - CN¥9.25

All Time High

CN¥19.67