Guangzhou Restaurants Group Co (603043) - Net Assets

Latest as of September 2025: CN¥4.24 Billion CNY ≈ $620.18 Million USD

Based on the latest financial reports, Guangzhou Restaurants Group Co (603043) has net assets worth CN¥4.24 Billion CNY (≈ $620.18 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¥7.66 Billion ≈ $1.12 Billion USD) and total liabilities (CN¥3.42 Billion ≈ $500.67 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 Guangzhou Restaurants Group Co liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.24 Billion
% of Total Assets	55.33%
Annual Growth Rate	19.33%
5-Year Change	61.4%
10-Year Change	383.13%
Growth Volatility	18.07

Guangzhou Restaurants Group Co - Net Assets Trend (2011–2024)

This chart illustrates how Guangzhou Restaurants Group Co's net assets have evolved over time, based on quarterly financial data. Also explore Guangzhou Restaurants Group Co (603043) total assets for the complete picture of this company's asset base.

Annual Net Assets for Guangzhou Restaurants Group Co (2011–2024)

The table below shows the annual net assets of Guangzhou Restaurants Group Co from 2011 to 2024. For live valuation and market cap data, see market cap of Guangzhou Restaurants Group Co.

Year	Net Assets	Change
2024-12-31	CN¥4.13 Billion ≈ $604.36 Million	+6.22%
2023-12-31	CN¥3.89 Billion ≈ $568.96 Million	+10.07%
2022-12-31	CN¥3.53 Billion ≈ $516.89 Million	+10.67%
2021-12-31	CN¥3.19 Billion ≈ $467.07 Million	+24.73%
2020-12-31	CN¥2.56 Billion ≈ $374.45 Million	+15.70%
2019-12-31	CN¥2.21 Billion ≈ $323.63 Million	+10.90%
2018-12-31	CN¥1.99 Billion ≈ $291.83 Million	+16.41%
2017-12-31	CN¥1.71 Billion ≈ $250.68 Million	+80.17%
2016-12-31	CN¥950.83 Million ≈ $139.14 Million	+11.23%
2015-12-31	CN¥854.86 Million ≈ $125.09 Million	+22.21%
2014-12-31	CN¥699.49 Million ≈ $102.36 Million	+15.20%
2013-12-31	CN¥607.22 Million ≈ $88.86 Million	+18.89%
2012-12-31	CN¥510.75 Million ≈ $74.74 Million	+23.08%
2011-12-31	CN¥414.96 Million ≈ $60.72 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Guangzhou Restaurants Group Co'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 1080.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥2.47 Billion	63.82%
Common Stock	CN¥568.77 Million	14.67%
Other Comprehensive Income	CN¥326.70 Million	8.42%
Other Components	CN¥507.65 Million	13.09%
Total Equity	CN¥3.88 Billion	100.00%

Guangzhou Restaurants Group Co Competitors by Market Cap

The table below lists competitors of Guangzhou Restaurants Group Co ranked by their market capitalization.

Company	Market Cap
Origin Bancorp, Inc. NYSE:OBK	$1.27 Billion
Shandong Hi-Speed Road&Bridge SHE:000498	$1.27 Billion
Inspire Medical Systems Inc NYSE:INSP	$1.27 Billion
KEDE Numerical Control Co Ltd SHG:688305	$1.27 Billion
Guangxi Radio and Television Information Network Corp Ltd SHG:600936	$1.26 Billion
Honasa Consumer Limited NSE:HONASA	$1.26 Billion
CVR Partners LP NYSE:UAN	$1.26 Billion
Chagee Holdings Limited American Depositary Shares NASDAQ:CHA	$1.26 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,657,142,227 to 3,877,989,283, a change of 220,847,056 (6.0%).
Net income of 493,857,044 contributed positively to equity growth.
Dividend payments of 286,033,211 reduced retained earnings.
Other comprehensive income increased equity by 324,943,758.
Other factors decreased equity by 311,920,535.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥493.86 Million	+12.73%
Dividends Paid	CN¥286.03 Million	-7.38%
Other Comprehensive Income	CN¥324.94 Million	+8.38%
Other Changes	CN¥-311.92 Million	-8.04%
Total Change	CN¥-	6.04%

Book Value vs Market Value Analysis

This analysis compares Guangzhou Restaurants Group Co'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: 2.23x
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 9.05x to 2.23x 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¥1.68	CN¥15.19	x
2012-12-31	CN¥2.06	CN¥15.19	x
2013-12-31	CN¥2.46	CN¥15.19	x
2014-12-31	CN¥1.42	CN¥15.19	x
2015-12-31	CN¥1.72	CN¥15.19	x
2016-12-31	CN¥1.90	CN¥15.19	x
2017-12-31	CN¥3.21	CN¥15.19	x
2018-12-31	CN¥3.45	CN¥15.19	x
2019-12-31	CN¥3.87	CN¥15.19	x
2020-12-31	CN¥4.49	CN¥15.19	x
2021-12-31	CN¥5.28	CN¥15.19	x
2022-12-31	CN¥5.86	CN¥15.19	x
2023-12-31	CN¥6.43	CN¥15.19	x
2024-12-31	CN¥6.82	CN¥15.19	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangzhou Restaurants Group Co 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): 12.73%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.64%
• Asset Turnover: 0.79x
• Equity Multiplier: 1.67x
Recent ROE (12.73%) is below the historical average (24.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	35.73%	12.72%	1.73x	1.62x	CN¥106.77 Million
2012	39.55%	15.27%	1.70x	1.52x	CN¥150.91 Million
2013	36.29%	14.95%	1.62x	1.50x	CN¥159.64 Million
2014	32.17%	14.47%	1.60x	1.39x	CN¥155.08 Million
2015	27.46%	13.51%	1.50x	1.36x	CN¥149.18 Million
2016	28.25%	13.78%	1.46x	1.41x	CN¥172.31 Million
2017	19.97%	15.55%	1.03x	1.25x	CN¥169.92 Million
2018	19.69%	15.13%	1.01x	1.28x	CN¥188.96 Million
2019	17.55%	12.68%	1.03x	1.34x	CN¥165.21 Million
2020	18.27%	14.10%	0.86x	1.51x	CN¥209.88 Million
2021	18.67%	14.34%	0.81x	1.62x	CN¥258.97 Million
2022	15.75%	12.72%	0.70x	1.76x	CN¥190.96 Million
2023	15.05%	11.23%	0.75x	1.79x	CN¥184.77 Million
2024	12.73%	9.64%	0.79x	1.67x	CN¥106.06 Million

Industry Comparison

This section compares Guangzhou Restaurants Group Co's net assets metrics with peer companies in the Restaurants industry.

Industry Context

Industry: Restaurants
Average net assets among peers: $706,057,078
Average return on equity (ROE) among peers: -16.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangzhou Restaurants Group Co (603043)	CN¥4.24 Billion	35.73%	0.81x	$1.26 Billion
XiAn Catering Co Ltd (000721)	$147.40 Million	11.55%	0.62x	$625.66 Million
China Quanjude Group Co Ltd (002186)	$1.39 Billion	9.04%	0.24x	$481.91 Million
Cloud Live Technology Group Co Ltd (002306)	$602.19 Million	-93.72%	1.79x	$291.46 Million
Xinjiang Baihuacun Co Ltd (600721)	$686.25 Million	8.72%	0.43x	$472.68 Million

About Guangzhou Restaurants Group Co

SHG:603043 China Restaurants

Market Cap

$1.26 Billion

CN¥8.64 Billion CNY

Market Cap Rank

#8183 Global

#2113 in China

Share Price

CN¥15.19

Change (1 day)

-0.72%

52-Week Range

CN¥15.13 - CN¥18.79

All Time High

CN¥31.02