Perfect Group Corp Ltd Class A (603059) - Net Assets
Based on the latest financial reports, Perfect Group Corp Ltd Class A (603059) has net assets worth CN¥1.20 Billion CNY (≈ $175.54 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.35 Billion ≈ $344.55 Million USD) and total liabilities (CN¥1.15 Billion ≈ $169.01 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 603059 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.20 Billion |
| % of Total Assets | 50.95% |
| Annual Growth Rate | 19.95% |
| 5-Year Change | 8.81% |
| 10-Year Change | 350.96% |
| Growth Volatility | 41.46 |
Perfect Group Corp Ltd Class A - Net Assets Trend (2013–2025)
This chart illustrates how Perfect Group Corp Ltd Class A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Perfect Group Corp Ltd Class A.
Annual Net Assets for Perfect Group Corp Ltd Class A (2013–2025)
The table below shows the annual net assets of Perfect Group Corp Ltd Class A from 2013 to 2025. Also explore 603059 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.17 Billion ≈ $171.83 Million |
+10.37% |
| 2024-12-31 | CN¥1.06 Billion ≈ $155.68 Million |
-14.83% |
| 2023-12-31 | CN¥1.25 Billion ≈ $182.78 Million |
+7.22% |
| 2022-12-31 | CN¥1.17 Billion ≈ $170.48 Million |
+7.95% |
| 2021-12-31 | CN¥1.08 Billion ≈ $157.92 Million |
+5.10% |
| 2020-12-31 | CN¥1.03 Billion ≈ $150.26 Million |
+5.62% |
| 2019-12-31 | CN¥972.23 Million ≈ $142.27 Million |
+11.57% |
| 2018-12-31 | CN¥871.38 Million ≈ $127.51 Million |
+155.58% |
| 2017-12-31 | CN¥340.94 Million ≈ $49.89 Million |
+30.93% |
| 2016-12-31 | CN¥260.40 Million ≈ $38.10 Million |
+17.57% |
| 2015-12-31 | CN¥221.48 Million ≈ $32.41 Million |
+22.79% |
| 2014-12-31 | CN¥180.37 Million ≈ $26.39 Million |
+36.28% |
| 2013-12-31 | CN¥132.35 Million ≈ $19.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Perfect Group Corp 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 694.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥583.34 Million | 53.16% |
| Other Components | CN¥513.90 Million | 46.84% |
| Total Equity | CN¥1.10 Billion | 100.00% |
Perfect Group Corp Ltd Class A Competitors by Market Cap
The table below lists competitors of Perfect Group Corp Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tesco PLC
LSE:TSCO
|
$360.89 Million |
|
Jiangsu Tianmu Lake Tourism Co Ltd
SHG:603136
|
$360.89 Million |
|
Huitong Construction Group Co.Ltd.
SHG:603176
|
$360.92 Million |
|
Southern States Bancshares Inc
NASDAQ:SSBK
|
$361.07 Million |
|
Biglari Holdings Inc
NYSE:BH-A
|
$360.61 Million |
|
Shenzhen Capol International & Associates Co Ltd
SHE:002949
|
$360.60 Million |
|
Volcon Inc
NASDAQ:VLCN
|
$360.58 Million |
|
Guangdong TianYiMa Information Industry Co.Ltd.
SHE:301178
|
$360.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perfect Group Corp Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 994,947,499 to 1,097,232,763, a change of 102,285,264 (10.3%).
- Net income of 114,793,754 contributed positively to equity growth.
- Dividend payments of 23,616,293 reduced retained earnings.
- Other comprehensive income decreased equity by 51,965,988.
- Other factors increased equity by 63,073,791.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.79 Million | +10.46% |
| Dividends Paid | CN¥23.62 Million | -2.15% |
| Other Comprehensive Income | CN¥-51.97 Million | -4.74% |
| Other Changes | CN¥63.07 Million | +5.75% |
| Total Change | CN¥- | 10.28% |
Book Value vs Market Value Analysis
This analysis compares Perfect Group Corp 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: 2.25x
- 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 16.61x to 2.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.48 | CN¥24.54 | x |
| 2014-12-31 | CN¥2.07 | CN¥24.54 | x |
| 2015-12-31 | CN¥2.75 | CN¥24.54 | x |
| 2016-12-31 | CN¥3.47 | CN¥24.54 | x |
| 2017-12-31 | CN¥4.54 | CN¥24.54 | x |
| 2018-12-31 | CN¥9.14 | CN¥24.54 | x |
| 2019-12-31 | CN¥9.69 | CN¥24.54 | x |
| 2020-12-31 | CN¥10.28 | CN¥24.54 | x |
| 2021-12-31 | CN¥10.82 | CN¥24.54 | x |
| 2022-12-31 | CN¥11.61 | CN¥24.54 | x |
| 2023-12-31 | CN¥12.42 | CN¥24.54 | x |
| 2024-12-31 | CN¥9.91 | CN¥24.54 | x |
| 2025-12-31 | CN¥10.92 | CN¥24.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perfect Group Corp 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): 10.46%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.48%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 2.11x
- Recent ROE (10.46%) is below the historical average (14.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.37% | 7.64% | 1.08x | 2.95x | CN¥15.86 Million |
| 2014 | 28.98% | 10.08% | 1.14x | 2.53x | CN¥29.51 Million |
| 2015 | 24.70% | 10.80% | 1.16x | 1.98x | CN¥30.34 Million |
| 2016 | 26.04% | 10.84% | 1.24x | 1.94x | CN¥41.78 Million |
| 2017 | 25.39% | 12.94% | 1.16x | 1.69x | CN¥52.47 Million |
| 2018 | 10.83% | 12.50% | 0.70x | 1.23x | CN¥7.27 Million |
| 2019 | 11.25% | 13.57% | 0.68x | 1.23x | CN¥12.14 Million |
| 2020 | 7.49% | 9.29% | 0.62x | 1.30x | CN¥-25.80 Million |
| 2021 | 6.93% | 7.20% | 0.67x | 1.43x | CN¥-33.14 Million |
| 2022 | 8.35% | 9.27% | 0.66x | 1.36x | CN¥-19.19 Million |
| 2023 | 7.41% | 8.67% | 0.53x | 1.61x | CN¥-32.40 Million |
| 2024 | -7.77% | -5.95% | 0.61x | 2.15x | CN¥-176.81 Million |
| 2025 | 10.46% | 7.48% | 0.66x | 2.11x | CN¥5.07 Million |
Industry Comparison
This section compares Perfect Group Corp Ltd Class A's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,307,123,365
- Average return on equity (ROE) among peers: 9.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perfect Group Corp Ltd Class A (603059) | CN¥1.20 Billion | 24.37% | 0.96x | $360.71 Million |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $1.56 Billion | 4.80% | 1.06x | $910.51 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $273.92 Million | 12.92% | 0.78x | $448.86 Million |
| Hunan Resun Co Ltd (001218) | $2.02 Billion | 8.85% | 0.21x | $458.70 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $3.37 Billion | 3.09% | 0.75x | $517.63 Million |
| C&S Paper Co Ltd (002511) | $2.21 Billion | 7.20% | 0.55x | $1.32 Billion |
| Anhui Deli Household Glass Co Ltd (002571) | $258.46 Million | 22.17% | 1.11x | $622.87 Million |
| Mingchen Health Co Ltd Class A (002919) | $739.25 Million | 3.43% | 0.68x | $653.87 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $398.83 Million | 21.57% | 0.40x | $1.33 Billion |
| Chengdu Rainbow Appliance Gr (003023) | $1.61 Billion | 3.96% | 0.29x | $393.39 Million |
| Fujian Green Pine Co Ltd (300132) | $634.58 Million | 5.16% | 0.13x | $464.14 Million |
About Perfect Group Corp Ltd Class A
Perfect Group Corp., Ltd provides manual and electric toothbrushes in the People's Republic of China. It also offers toothpastes, oral care accessories, dental flosses, flossers, interdental brushes, denture tablets products, and personal care and medical wipes, as well as baby wipes and shampoo caps. The company was founded in 1991 and is based in Yangzhou, the People's Republic of China.