Ganso Co Ltd (603886) - Net Assets

Latest as of June 2025: CN¥1.43 Billion CNY ≈ $208.99 Million USD

Based on the latest financial reports, Ganso Co Ltd (603886) has net assets worth CN¥1.43 Billion CNY (≈ $208.99 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.96 Billion ≈ $433.74 Million USD) and total liabilities (CN¥1.54 Billion ≈ $224.75 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 603886 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.43 Billion
% of Total Assets 48.18%
Annual Growth Rate 13.33%
5-Year Change 10.57%
10-Year Change 277.32%
Growth Volatility 38.55

Ganso Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Ganso Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ganso Co Ltd assets under control for the complete picture of this company's asset base.

Annual Net Assets for Ganso Co Ltd (2011–2024)

The table below shows the annual net assets of Ganso Co Ltd from 2011 to 2024. For live valuation and market cap data, see 603886 company net worth.

Year Net Assets Change
2024-12-31 CN¥1.66 Billion
≈ $242.42 Million		 -0.24%
2023-12-31 CN¥1.66 Billion
≈ $243.00 Million		 +2.35%
2022-12-31 CN¥1.62 Billion
≈ $237.41 Million		 +1.57%
2021-12-31 CN¥1.60 Billion
≈ $233.73 Million		 +6.61%
2020-12-31 CN¥1.50 Billion
≈ $219.25 Million		 +0.39%
2019-12-31 CN¥1.49 Billion
≈ $218.39 Million		 +10.38%
2018-12-31 CN¥1.35 Billion
≈ $197.86 Million		 +10.88%
2017-12-31 CN¥1.22 Billion
≈ $178.45 Million		 +14.08%
2016-12-31 CN¥1.07 Billion
≈ $156.42 Million		 +143.46%
2015-12-31 CN¥439.07 Million
≈ $64.25 Million		 +17.29%
2014-12-31 CN¥374.33 Million
≈ $54.78 Million		 -10.38%
2013-12-31 CN¥417.67 Million
≈ $61.12 Million		 -9.82%
2012-12-31 CN¥463.17 Million
≈ $67.78 Million		 +42.26%
2011-12-31 CN¥325.57 Million
≈ $47.64 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Ganso 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 342.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥762.91 Million 46.07%
Common Stock CN¥240.00 Million 14.49%
Other Components CN¥653.19 Million 39.44%
Total Equity CN¥1.66 Billion 100.00%

Ganso Co Ltd Competitors by Market Cap

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

Company Market Cap
Perspective Therapeutics Inc.
NYSE MKT:CATX
 $435.15 Million
Cloudberry Clean Energy As
OL:CLOUD
 $435.16 Million
AdvanSix Inc
NYSE:ASIX
 $435.20 Million
Qingdao Victall Railway Co Ltd
SHG:605001
 $435.21 Million
First Copper Technology Co Ltd
TW:2009
 $435.07 Million
Binggrae
KO:005180
 $435.02 Million
Beijing Hanbang Technology Corp
SHE:300449
 $434.97 Million
Hu Lane Associate
TWO:6279
 $434.96 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,659,976,954 to 1,656,096,193, a change of -3,880,761 (-0.2%).
  • Net income of 248,756,235 contributed positively to equity growth.
  • Dividend payments of 240,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥248.76 Million +15.02%
Dividends Paid CN¥240.00 Million -14.49%
Other Changes CN¥-12.64 Million -0.76%
Total Change CN¥- -0.23%

Book Value vs Market Value Analysis

This analysis compares Ganso 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: 1.80x
  • 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 4.87x to 1.80x 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¥2.54 CN¥12.39 x
2012-12-31 CN¥3.01 CN¥12.39 x
2013-12-31 CN¥2.33 CN¥12.39 x
2014-12-31 CN¥2.06 CN¥12.39 x
2015-12-31 CN¥2.45 CN¥12.39 x
2016-12-31 CN¥5.90 CN¥12.39 x
2017-12-31 CN¥5.09 CN¥12.39 x
2018-12-31 CN¥5.64 CN¥12.39 x
2019-12-31 CN¥6.22 CN¥12.39 x
2020-12-31 CN¥6.24 CN¥12.39 x
2021-12-31 CN¥6.65 CN¥12.39 x
2022-12-31 CN¥6.76 CN¥12.39 x
2023-12-31 CN¥6.91 CN¥12.39 x
2024-12-31 CN¥6.90 CN¥12.39 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ganso 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): 15.02%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.75%
  • • Asset Turnover: 0.76x
  • • Equity Multiplier: 1.85x
  • Recent ROE (15.02%) is below the historical average (23.36%), 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 55.06% 17.39% 1.32x 2.40x CN¥145.76 Million
2012 42.18% 15.17% 1.31x 2.12x CN¥148.72 Million
2013 29.65% 8.51% 1.59x 2.19x CN¥81.95 Million
2014 21.81% 5.52% 1.65x 2.40x CN¥44.17 Million
2015 26.09% 7.26% 1.50x 2.40x CN¥70.58 Million
2016 11.69% 7.85% 0.89x 1.67x CN¥18.11 Million
2017 16.69% 11.45% 0.90x 1.62x CN¥81.61 Million
2018 17.88% 12.34% 0.89x 1.63x CN¥106.48 Million
2019 16.61% 11.15% 0.93x 1.60x CN¥98.58 Million
2020 20.03% 13.03% 0.90x 1.70x CN¥150.26 Million
2021 21.28% 13.15% 0.84x 1.93x CN¥180.19 Million
2022 16.42% 10.30% 0.82x 1.94x CN¥104.19 Million
2023 16.65% 10.39% 0.84x 1.90x CN¥110.34 Million
2024 15.02% 10.75% 0.76x 1.85x CN¥83.15 Million

Industry Comparison

This section compares Ganso Co Ltd's net assets metrics with peer companies in the Grocery Stores industry.

Industry Context

  • Industry: Grocery Stores
  • Average net assets among peers: $1,854,150,570
  • Average return on equity (ROE) among peers: 13.79%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ganso Co Ltd (603886) CN¥1.43 Billion 55.06% 1.08x $435.13 Million
Renrenle Commercial Group Co Ltd (002336) $2.31 Billion 2.62% 1.45x $23.18 Million
Sanjiang Shopping Club Co Ltd (601116) $609.80 Million 21.55% 2.06x $1.10 Billion
Shanghai Laiyifen Co Ltd (603777) $1.08 Billion 12.20% 0.74x $884.29 Million
Shenyang Toly Bread Co Ltd (603866) $3.42 Billion 18.77% 0.14x $1.17 Billion

About Ganso Co Ltd

SHG:603886 China Grocery Stores
Market Cap
$435.13 Million
CN¥2.97 Billion CNY
Market Cap Rank
#13311 Global
#4191 in China
Share Price
CN¥12.39
Change (1 day)
-2.98%
52-Week Range
CN¥11.41 - CN¥14.58
All Time High
CN¥26.21
Categories
Companies in China Grocery Stores
About

Ganso Co., Ltd. engages in production and sale of self-branded decorated cakes, Chinese and Western pastries, and moon cakes in China. It also offers Chinese and Western pastry gift boxes, including moon cakes and rice dumplings; and seasonal, regular, and scenario-based products through online sales, offline direct store sales, and franchisee sales, as well as e-commerce platforms and food deliv… Read more