Gongniu Group Co Ltd (603195) - Net Assets

Latest as of September 2025: CN¥15.67 Billion CNY ≈ $2.29 Billion USD

Based on the latest financial reports, Gongniu Group Co Ltd (603195) has net assets worth CN¥15.67 Billion CNY (≈ $2.29 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¥21.27 Billion ≈ $3.11 Billion USD) and total liabilities (CN¥5.60 Billion ≈ $819.98 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 603195 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥15.67 Billion
% of Total Assets	73.66%
Annual Growth Rate	28.79%
5-Year Change	73.74%
10-Year Change	N/A
Growth Volatility	39.77

Gongniu Group Co Ltd - Net Assets Trend (2015–2024)

This chart illustrates how Gongniu Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603195 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Gongniu Group Co Ltd (2015–2024)

The table below shows the annual net assets of Gongniu Group Co Ltd from 2015 to 2024. For live valuation and market cap data, see 603195 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥15.87 Billion ≈ $2.32 Billion	+9.78%
2023-12-31	CN¥14.46 Billion ≈ $2.12 Billion	+16.47%
2022-12-31	CN¥12.42 Billion ≈ $1.82 Billion	+15.43%
2021-12-31	CN¥10.76 Billion ≈ $1.57 Billion	+17.71%
2020-12-31	CN¥9.14 Billion ≈ $1.34 Billion	+64.60%
2019-12-31	CN¥5.55 Billion ≈ $812.33 Million	+70.94%
2018-12-31	CN¥3.25 Billion ≈ $475.22 Million	+106.76%
2017-12-31	CN¥1.57 Billion ≈ $229.85 Million	-35.85%
2016-12-31	CN¥2.45 Billion ≈ $358.27 Million	+50.45%
2015-12-31	CN¥1.63 Billion ≈ $238.14 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gongniu Group Co Ltd'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 648.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥10.81 Billion	68.12%
Common Stock	CN¥1.29 Billion	8.14%
Other Comprehensive Income	CN¥21.88 Million	0.14%
Other Components	CN¥3.74 Billion	23.60%
Total Equity	CN¥15.87 Billion	100.00%

Gongniu Group Co Ltd Competitors by Market Cap

The table below lists competitors of Gongniu Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Bangkok Bank PCL BK:BBL	$10.41 Billion
BAWAG Group AG VI:BG	$10.42 Billion
China Southern Airlines Co Ltd Class A SHG:600029	$10.43 Billion
Akzo Nobel NV AS:AKZA	$10.43 Billion
Anhui Conch Cement Co Ltd SHG:600585	$10.39 Billion
Domino's Pizza Inc Common Stock NASDAQ:DPZ	$10.39 Billion
Advanced Drainage Systems Inc NYSE:WMS	$10.39 Billion
YARA INTL ASA ADR NK170 F:IU20	$10.39 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 14,445,921,963 to 15,866,115,691, a change of 1,420,193,728 (9.8%).
Net income of 4,272,204,565 contributed positively to equity growth.
Dividend payments of 2,778,937,711 reduced retained earnings.
Share repurchases of 342,763,776 reduced equity.
Other comprehensive income increased equity by 8,310,413.
Other factors increased equity by 261,380,237.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥4.27 Billion	+26.93%
Dividends Paid	CN¥2.78 Billion	-17.51%
Share Repurchases	CN¥342.76 Million	-2.16%
Other Comprehensive Income	CN¥8.31 Million	+0.05%
Other Changes	CN¥261.38 Million	+1.65%
Total Change	CN¥-	9.83%

Book Value vs Market Value Analysis

This analysis compares Gongniu Group Co Ltd'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: 3.21x
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 4.19x to 3.21x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	CN¥9.40	CN¥39.35	x
2016-12-31	CN¥14.14	CN¥39.35	x
2017-12-31	CN¥1.36	CN¥39.35	x
2018-12-31	CN¥2.81	CN¥39.35	x
2019-12-31	CN¥4.79	CN¥39.35	x
2020-12-31	CN¥7.16	CN¥39.35	x
2021-12-31	CN¥8.35	CN¥39.35	x
2022-12-31	CN¥9.63	CN¥39.35	x
2023-12-31	CN¥11.24	CN¥39.35	x
2024-12-31	CN¥12.28	CN¥39.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gongniu Group Co Ltd 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): 26.93%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.38%
• Asset Turnover: 0.82x
• Equity Multiplier: 1.29x
Recent ROE (26.93%) is below the historical average (42.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	61.43%	22.42%	1.66x	1.65x	CN¥837.00 Million
2016	57.49%	26.23%	1.37x	1.60x	CN¥1.16 Billion
2017	81.84%	17.75%	1.83x	2.52x	CN¥1.13 Billion
2018	51.63%	18.50%	1.76x	1.59x	CN¥1.35 Billion
2019	41.50%	22.94%	1.35x	1.34x	CN¥1.75 Billion
2020	25.32%	23.02%	0.81x	1.36x	CN¥1.40 Billion
2021	25.85%	22.45%	0.80x	1.44x	CN¥1.70 Billion
2022	25.72%	22.64%	0.85x	1.34x	CN¥1.95 Billion
2023	26.79%	24.66%	0.79x	1.37x	CN¥2.43 Billion
2024	26.93%	25.38%	0.82x	1.29x	CN¥2.69 Billion

Industry Comparison

This section compares Gongniu Group Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $4,521,607,784
Average return on equity (ROE) among peers: -17.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gongniu Group Co Ltd (603195)	CN¥15.67 Billion	61.43%	0.36x	$10.41 Billion
XJ Electric Co Ltd (000400)	$2.06 Billion	5.67%	0.94x	$3.41 Billion
Guangdong Macro Co Ltd (000533)	$259.29 Million	-377.39%	9.44x	$1.05 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.81 Billion	9.38%	0.11x	$908.69 Million
Dongfang Electronics Co Ltd (000682)	$78.67 Million	125.00%	0.63x	$2.52 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.26 Billion	6.39%	3.26x	$742.84 Million
Huagong Tech Co Ltd (000988)	$8.26 Billion	10.96%	1.03x	$26.12 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.38 Billion	9.72%	0.89x	$1.44 Billion
Sieyuan Electric Co Ltd (002028)	$4.51 Billion	5.52%	0.51x	$21.78 Billion
Shanghai Welltech Automation Co Ltd (002058)	$88.12 Million	23.77%	0.92x	$468.31 Million
Gotion High tech Co Ltd (002074)	$24.50 Billion	1.27%	1.96x	$7.89 Billion

About Gongniu Group Co Ltd

SHG:603195 China Electrical Equipment & Parts

Market Cap

$10.41 Billion

CN¥71.14 Billion CNY

Market Cap Rank

#2195 Global

#261 in China

Share Price

CN¥39.35

Change (1 day)

+0.38%

52-Week Range

CN¥38.78 - CN¥49.05

All Time High

CN¥164.74