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¥1.13 Billion CNY (≈ $164.87 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¥2.24 Billion ≈ $328.13 Million USD) and total liabilities (CN¥1.12 Billion ≈ $163.26 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 Perfect Group Corp Ltd Class A liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.13 Billion |
| % of Total Assets | 50.25% |
| Annual Growth Rate | 20.86% |
| 5-Year Change | 3.61% |
| 10-Year Change | 380.36% |
| Growth Volatility | 43.07 |
Perfect Group Corp Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Perfect Group Corp Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 603059 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Perfect Group Corp Ltd Class A (2013–2024)
The table below shows the annual net assets of Perfect Group Corp Ltd Class A from 2013 to 2024. For live valuation and market cap data, see how much is Perfect Group Corp Ltd Class A worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 549.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥476.58 Million | 47.90% |
| Common Stock | CN¥100.45 Million | 10.10% |
| Other Comprehensive Income | CN¥51.97 Million | 5.22% |
| Other Components | CN¥365.95 Million | 36.78% |
| Total Equity | CN¥994.95 Million | 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 |
|---|---|
|
F&F Holdings Co. Ltd
KO:007700
|
$508.36 Million |
|
Hanssem
KO:009240
|
$508.49 Million |
|
Shanghai Conglin Environmental Protection Technology Co. Ltd. A
SHG:688370
|
$508.80 Million |
|
BlackRock Health Sciences Trust
NYSE:BME
|
$509.08 Million |
|
Neuropace Inc
NASDAQ:NPCE
|
$508.28 Million |
|
Zhengyuan Geomatics Group Co Ltd
SHG:688509
|
$508.17 Million |
|
Aekyung Petrochemical Co Ltd
KO:161000
|
$508.09 Million |
|
Chang Lan Electric Technology Co Ltd
SHE:002879
|
$508.07 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 2023 to 2024, total equity changed from 1,249,089,661 to 994,947,499, a change of -254,142,162 (-20.3%).
- Net loss of 77,316,103 reduced equity.
- Dividend payments of 36,203,909 reduced retained earnings.
- Other comprehensive income increased equity by 51,585,638.
- Other factors decreased equity by 192,207,788.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-77.32 Million | -7.77% |
| Dividends Paid | CN¥36.20 Million | -3.64% |
| Other Comprehensive Income | CN¥51.59 Million | +5.18% |
| Other Changes | CN¥-192.21 Million | -19.32% |
| Total Change | CN¥- | -20.35% |
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: 3.49x
- 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 23.41x to 3.49x 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¥34.58 | x |
| 2014-12-31 | CN¥2.07 | CN¥34.58 | x |
| 2015-12-31 | CN¥2.75 | CN¥34.58 | x |
| 2016-12-31 | CN¥3.47 | CN¥34.58 | x |
| 2017-12-31 | CN¥4.54 | CN¥34.58 | x |
| 2018-12-31 | CN¥9.14 | CN¥34.58 | x |
| 2019-12-31 | CN¥9.72 | CN¥34.58 | x |
| 2020-12-31 | CN¥10.27 | CN¥34.58 | x |
| 2021-12-31 | CN¥10.79 | CN¥34.58 | x |
| 2022-12-31 | CN¥11.65 | CN¥34.58 | x |
| 2023-12-31 | CN¥12.42 | CN¥34.58 | x |
| 2024-12-31 | CN¥9.91 | CN¥34.58 | 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): -7.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.95%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.15x
- Recent ROE (-7.77%) is below the historical average (14.50%), 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 |
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: $900,152,236
- Average return on equity (ROE) among peers: 3.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perfect Group Corp Ltd Class A (603059) | CN¥1.13 Billion | 24.37% | 0.99x | $508.28 Million |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $476.21 Million | 3.16% | 0.96x | $926.62 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $517.79 Million | 20.62% | 0.32x | $512.44 Million |
| Hunan Resun Co Ltd (001218) | $311.57 Million | 13.28% | 1.76x | $526.33 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $1.47 Billion | -59.67% | 1.21x | $602.56 Million |
| C&S Paper Co Ltd (002511) | $2.28 Billion | 5.08% | 0.97x | $1.61 Billion |
| Anhui Deli Household Glass Co Ltd (002571) | $1.23 Billion | -6.98% | 1.51x | $654.99 Million |
| Mingchen Health Co Ltd Class A (002919) | $229.96 Million | 18.92% | 1.06x | $935.25 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $459.92 Million | 14.72% | 0.39x | $1.16 Billion |
| Chengdu Rainbow Appliance Gr (003023) | $1.30 Billion | 8.64% | 0.44x | $467.07 Million |
| Fujian Green Pine Co Ltd (300132) | $728.02 Million | 13.01% | 0.31x | $713.59 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.