Guangdong Banbao Toy Co Ltd
Mubang High-Tech Co.,Ltd. engages in production and sales of monocrystalline silicon rods and silicon wafers, and educational toys business in China. The company offers solar monocrystalline silicon wafers; and educational toys are mainly plastic building block toys, including popular science series, programming robot series, city series, infant series and IP licensing series. The company was fou… Read more
Guangdong Banbao Toy Co Ltd (603398) - Net Assets
Latest net assets as of September 2025: CN¥590.99 Million CNY
Based on the latest financial reports, Guangdong Banbao Toy Co Ltd (603398) has net assets worth CN¥590.99 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.32 Billion) and total liabilities (CN¥2.73 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥590.99 Million |
| % of Total Assets | 17.78% |
| Annual Growth Rate | 20.03% |
| 5-Year Change | 19.64% |
| 10-Year Change | 72.88% |
| Growth Volatility | 48.92 |
Guangdong Banbao Toy Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Guangdong Banbao Toy Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangdong Banbao Toy Co Ltd (2011–2024)
The table below shows the annual net assets of Guangdong Banbao Toy Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥933.34 Million | +25.71% |
| 2023-12-31 | CN¥742.44 Million | +3.68% |
| 2022-12-31 | CN¥716.09 Million | -24.24% |
| 2021-12-31 | CN¥945.16 Million | +21.15% |
| 2020-12-31 | CN¥780.13 Million | +5.39% |
| 2019-12-31 | CN¥740.21 Million | +9.52% |
| 2018-12-31 | CN¥675.87 Million | +8.18% |
| 2017-12-31 | CN¥624.74 Million | +7.45% |
| 2016-12-31 | CN¥581.45 Million | +7.70% |
| 2015-12-31 | CN¥539.89 Million | +179.72% |
| 2014-12-31 | CN¥193.01 Million | +8.79% |
| 2013-12-31 | CN¥177.41 Million | +16.90% |
| 2012-12-31 | CN¥151.77 Million | +74.63% |
| 2011-12-31 | CN¥86.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Banbao Toy 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 decreased by 2061.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥433.64 Million | 44.06% |
| Other Comprehensive Income | CN¥42.95 Million | 4.36% |
| Other Components | CN¥1.72 Billion | 175.14% |
| Total Equity | CN¥984.19 Million | 100.00% |
Guangdong Banbao Toy Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Banbao Toy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Becle S.A.B. de C.V
MX:CUERVO
|
$357.89 Million |
|
Rapid7 Inc
NASDAQ:RPD
|
$358.02 Million |
|
Rusta AB (publ)
ST:RUSTA
|
$358.02 Million |
|
Auteco Minerals Limited
PINK:MNXMF
|
$358.05 Million |
|
Mirle Automation Corp
TW:2464
|
$357.87 Million |
|
Lu Thai Textile
SHE:200726
|
$357.66 Million |
|
Jiangxi Tianli Technology INC
SHE:300399
|
$357.48 Million |
|
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
|
$357.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Banbao Toy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 744,562,158 to 984,190,194, a change of 239,628,036 (32.2%).
- Net loss of 1,162,122,912 reduced equity.
- Dividend payments of 71,410,032 reduced retained earnings.
- Other factors increased equity by 1,473,160,980.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.16 Billion | -118.08% |
| Dividends Paid | CN¥71.41 Million | -7.26% |
| Other Changes | CN¥1.47 Billion | +149.68% |
| Total Change | CN¥- | 32.18% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Banbao Toy 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: 4.16x
- 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 20.06x to 4.16x 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¥0.49 | CN¥9.79 | x |
| 2012-12-31 | CN¥0.69 | CN¥9.79 | x |
| 2013-12-31 | CN¥0.80 | CN¥9.79 | x |
| 2014-12-31 | CN¥0.87 | CN¥9.79 | x |
| 2015-12-31 | CN¥2.46 | CN¥9.79 | x |
| 2016-12-31 | CN¥1.86 | CN¥9.79 | x |
| 2017-12-31 | CN¥2.09 | CN¥9.79 | x |
| 2018-12-31 | CN¥3.21 | CN¥9.79 | x |
| 2019-12-31 | CN¥2.50 | CN¥9.79 | x |
| 2020-12-31 | CN¥2.63 | CN¥9.79 | x |
| 2021-12-31 | CN¥2.87 | CN¥9.79 | x |
| 2022-12-31 | CN¥2.09 | CN¥9.79 | x |
| 2023-12-31 | CN¥2.11 | CN¥9.79 | x |
| 2024-12-31 | CN¥2.35 | CN¥9.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Banbao Toy 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): -118.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -419.33%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 3.59x
- Recent ROE (-118.08%) is below the historical average (2.31%), 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 | 46.56% | 20.06% | 1.34x | 1.73x | CN¥31.78 Million |
| 2012 | 31.96% | 19.48% | 1.11x | 1.48x | CN¥33.33 Million |
| 2013 | 30.28% | 19.32% | 1.14x | 1.38x | CN¥35.99 Million |
| 2014 | 30.46% | 19.68% | 1.16x | 1.33x | CN¥39.49 Million |
| 2015 | 12.26% | 21.38% | 0.54x | 1.06x | CN¥12.18 Million |
| 2016 | 10.07% | 20.80% | 0.45x | 1.07x | CN¥412.51K |
| 2017 | 9.93% | 18.74% | 0.46x | 1.15x | CN¥-420.99K |
| 2018 | 6.23% | 10.82% | 0.39x | 1.47x | CN¥-25.46 Million |
| 2019 | 10.25% | 14.13% | 0.52x | 1.41x | CN¥1.85 Million |
| 2020 | 5.12% | 7.96% | 0.49x | 1.32x | CN¥-38.09 Million |
| 2021 | -14.61% | -42.82% | 0.30x | 1.13x | CN¥-232.59 Million |
| 2022 | -31.98% | -24.26% | 0.30x | 4.43x | CN¥-300.72 Million |
| 2023 | 3.80% | 1.71% | 0.36x | 6.14x | CN¥-46.17 Million |
| 2024 | -118.08% | -419.33% | 0.08x | 3.59x | CN¥-1.26 Billion |
Industry Comparison
This section compares Guangdong Banbao Toy Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $780,869,385
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Banbao Toy Co Ltd (603398) | CN¥590.99 Million | 46.56% | 4.62x | $357.88 Million |
| China Bicycle Co Holdings Ltd (000017) | $-1.76 Billion | 0.00% | 0.00x | $399.65 Million |
| Sportsoul Co. Ltd. A (001300) | $1.06 Billion | 2.11% | 0.25x | $179.80 Million |
| HL Corp Shenzhen (002105) | $567.28 Million | 4.46% | 1.51x | $173.11 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.12 Billion | 5.75% | 0.06x | $627.40 Million |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $533.55 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.06 Billion | 8.95% | 0.37x | $695.43 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $217.49 Million | 21.16% | 1.94x | $334.52 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.73 Billion | 0.16% | 0.22x | $191.51 Million |
| Shifeng Cultural Development Co Ltd (002862) | $569.17 Million | 5.62% | 0.07x | $192.82 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $361.39 Million | 21.08% | 0.71x | $407.33 Million |