Guangzhou Jiacheng (603535) - Net Assets

Latest as of September 2025: CN¥2.75 Billion CNY ≈ $402.87 Million USD

Based on the latest financial reports, Guangzhou Jiacheng (603535) has net assets worth CN¥2.75 Billion CNY (≈ $402.87 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¥4.96 Billion ≈ $726.01 Million USD) and total liabilities (CN¥2.21 Billion ≈ $323.14 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 Jiacheng liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.75 Billion
% of Total Assets	55.49%
Annual Growth Rate	16.93%
5-Year Change	50.72%
10-Year Change	312.07%
Growth Volatility	21.02

Guangzhou Jiacheng - Net Assets Trend (2012–2024)

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

Annual Net Assets for Guangzhou Jiacheng (2012–2024)

The table below shows the annual net assets of Guangzhou Jiacheng from 2012 to 2024. For live valuation and market cap data, see Guangzhou Jiacheng stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥2.64 Billion ≈ $385.59 Million	+7.43%
2023-12-31	CN¥2.45 Billion ≈ $358.94 Million	+6.30%
2022-12-31	CN¥2.31 Billion ≈ $337.67 Million	+12.97%
2021-12-31	CN¥2.04 Billion ≈ $298.90 Million	+16.83%
2020-12-31	CN¥1.75 Billion ≈ $255.84 Million	+9.12%
2019-12-31	CN¥1.60 Billion ≈ $234.46 Million	+6.78%
2018-12-31	CN¥1.50 Billion ≈ $219.58 Million	+7.62%
2017-12-31	CN¥1.39 Billion ≈ $204.04 Million	+86.55%
2016-12-31	CN¥747.43 Million ≈ $109.37 Million	+16.88%
2015-12-31	CN¥639.47 Million ≈ $93.57 Million	+15.67%
2014-12-31	CN¥552.85 Million ≈ $80.90 Million	+15.35%
2013-12-31	CN¥479.27 Million ≈ $70.13 Million	+18.81%
2012-12-31	CN¥403.39 Million ≈ $59.03 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Guangzhou Jiacheng'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 1082.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.48 Billion	56.17%
Common Stock	CN¥345.21 Million	13.14%
Other Comprehensive Income	CN¥242.64 Million	9.23%
Other Components	CN¥563.81 Million	21.46%
Total Equity	CN¥2.63 Billion	100.00%

Guangzhou Jiacheng Competitors by Market Cap

The table below lists competitors of Guangzhou Jiacheng ranked by their market capitalization.

Company	Market Cap
Basellandschaftliche Kantonalbank SW:BLKB	$613.95 Million
Jiangsu Skyray Instrument Co SHE:300165	$614.15 Million
Jilin University Zhengyuan Info Tech SHE:003029	$614.25 Million
MarineMax Inc NYSE:HZO	$614.34 Million
Technocraft Industries (India) Limited NSE:TIIL	$613.39 Million
Zhejiang Henglin Chair Industry Co Ltd Class A SHG:603661	$613.35 Million
Phreesia Inc NYSE:PHR	$613.12 Million
BridgeBio Oncology Therapeutics, Inc. NASDAQ:BBOT	$613.05 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,445,908,423 to 2,627,648,159, a change of 181,739,736 (7.4%).
Net income of 204,658,663 contributed positively to equity growth.
Dividend payments of 33,999,022 reduced retained earnings.
Other comprehensive income increased equity by 8,145,896.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥204.66 Million	+7.79%
Dividends Paid	CN¥34.00 Million	-1.29%
Other Comprehensive Income	CN¥8.15 Million	+0.31%
Other Changes	CN¥2.93 Million	+0.11%
Total Change	CN¥-	7.43%

Book Value vs Market Value Analysis

This analysis compares Guangzhou Jiacheng'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: 1.25x
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 3.36x to 1.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	CN¥2.44	CN¥8.21	x
2013-12-31	CN¥2.90	CN¥8.21	x
2014-12-31	CN¥3.34	CN¥8.21	x
2015-12-31	CN¥1.94	CN¥8.21	x
2016-12-31	CN¥2.27	CN¥8.21	x
2017-12-31	CN¥4.27	CN¥8.21	x
2018-12-31	CN¥4.61	CN¥8.21	x
2019-12-31	CN¥4.95	CN¥8.21	x
2020-12-31	CN¥5.40	CN¥8.21	x
2021-12-31	CN¥6.19	CN¥8.21	x
2022-12-31	CN¥6.45	CN¥8.21	x
2023-12-31	CN¥6.84	CN¥8.21	x
2024-12-31	CN¥6.55	CN¥8.21	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangzhou Jiacheng 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): 7.79%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.21%
• Asset Turnover: 0.28x
• Equity Multiplier: 1.80x
Recent ROE (7.79%) is below the historical average (10.54%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	17.22%	9.80%	1.23x	1.43x	CN¥28.89 Million
2013	15.21%	10.10%	1.03x	1.47x	CN¥24.75 Million
2014	12.74%	10.34%	0.76x	1.62x	CN¥15.05 Million
2015	11.53%	10.05%	0.72x	1.59x	CN¥9.60 Million
2016	14.18%	12.11%	0.83x	1.42x	CN¥30.65 Million
2017	8.62%	11.49%	0.60x	1.24x	CN¥-19.06 Million
2018	9.25%	12.33%	0.59x	1.27x	CN¥-11.11 Million
2019	8.01%	10.71%	0.57x	1.30x	CN¥-31.75 Million
2020	9.28%	14.04%	0.48x	1.36x	CN¥-12.56 Million
2021	8.96%	14.37%	0.45x	1.39x	CN¥-21.17 Million
2022	7.44%	13.39%	0.33x	1.66x	CN¥-58.93 Million
2023	6.72%	13.41%	0.28x	1.79x	CN¥-80.24 Million
2024	7.79%	15.21%	0.28x	1.80x	CN¥-58.11 Million

Industry Comparison

This section compares Guangzhou Jiacheng's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

Industry: Integrated Freight & Logistics
Average net assets among peers: $4,139,382,052
Average return on equity (ROE) among peers: 18.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangzhou Jiacheng (603535)	CN¥2.75 Billion	17.22%	0.80x	$613.81 Million
Citic Offshore Helicopter Co Ltd (000099)	$1.16 Billion	6.99%	0.39x	$2.07 Billion
Guangdong Jushen Logistics Co Ltd (001202)	$51.42 Million	8.12%	0.47x	$425.40 Million
YUNDA Holding Co Ltd (002120)	$5.25 Billion	30.25%	0.79x	$3.35 Billion
S.F. Holding Co. Ltd (002352)	$32.73 Billion	14.59%	0.76x	$26.47 Billion
STO Express Co Ltd (002468)	$242.34 Million	62.69%	1.08x	$3.65 Billion
Hubeiyichang Transportation Group Co Ltd (002627)	$268.43 Million	28.09%	1.38x	$771.91 Million
Shenzhen Prolto Supply Chain Management Co Ltd (002769)	$75.60 Million	23.23%	6.45x	$547.92 Million
Xinjiang Tianshun Supply Chain Co Ltd (002800)	$575.26 Million	2.11%	0.93x	$405.04 Million
Shenzhen Easttop Supply Chain Management Co Ltd (002889)	$679.80 Million	12.04%	17.63x	$741.10 Million
Jiangsu Xinning Modern Logist (300013)	$359.48 Million	1.37%	0.50x	$372.58 Million

About Guangzhou Jiacheng

SHG:603535 China Integrated Freight & Logistics

Market Cap

$613.81 Million

CN¥4.19 Billion CNY

Market Cap Rank

#11604 Global

#3557 in China

Share Price

CN¥8.21

Change (1 day)

+2.50%

52-Week Range

CN¥7.93 - CN¥13.23

All Time High

CN¥36.64