Zhangjiagang Guangda Special Material Co Ltd
Zhangjiagang Guangda Special Material Co., Ltd. researches, develops, produces, and sells steel materials and new energy wind power components in China and internationally. It offers wind power equipment parts, including wind turbine spindles; structural parts of gearbox, hub, and body frames; special stainless steel; high-temperature alloys, corrosion resistant alloys, and steel; die and tool st… Read more
Zhangjiagang Guangda Special Material Co Ltd (688186) - Net Assets
Latest net assets as of June 2025: CN¥4.11 Billion CNY
Based on the latest financial reports, Zhangjiagang Guangda Special Material Co Ltd (688186) has net assets worth CN¥4.11 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.20 Billion) and total liabilities (CN¥8.09 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¥4.11 Billion |
| % of Total Assets | 33.67% |
| Annual Growth Rate | 36.7% |
| 5-Year Change | 128.64% |
| 10-Year Change | N/A |
| Growth Volatility | 36.08 |
Zhangjiagang Guangda Special Material Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Zhangjiagang Guangda Special Material 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 Zhangjiagang Guangda Special Material Co Ltd (2016–2024)
The table below shows the annual net assets of Zhangjiagang Guangda Special Material Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.00 Billion | +2.79% |
| 2023-12-31 | CN¥3.89 Billion | +3.17% |
| 2022-12-31 | CN¥3.77 Billion | +9.06% |
| 2021-12-31 | CN¥3.46 Billion | +97.68% |
| 2020-12-31 | CN¥1.75 Billion | +71.85% |
| 2019-12-31 | CN¥1.02 Billion | +11.67% |
| 2018-12-31 | CN¥910.83 Million | +75.23% |
| 2017-12-31 | CN¥519.79 Million | +58.60% |
| 2016-12-31 | CN¥327.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhangjiagang Guangda Special Material 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 333.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥574.40 Million | 15.84% |
| Other Components | CN¥3.05 Billion | 84.16% |
| Total Equity | CN¥3.63 Billion | 100.00% |
Zhangjiagang Guangda Special Material Co Ltd Competitors by Market Cap
The table below lists competitors of Zhangjiagang Guangda Special Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Center Laboratories
TWO:4123
|
$743.04 Million |
|
Gujarat Gas Limited
NSE:GUJGASLTD
|
$743.21 Million |
|
Changzhou Qianhong Biopharma Co Ltd
SHE:002550
|
$743.71 Million |
|
Hanmi Financial Corporation
NASDAQ:HAFC
|
$743.92 Million |
|
CLEAR CHANNEL O.H.A DL-01
F:C7C1
|
$742.54 Million |
|
Warehouses de Pauw CVA S.C.A.
LSE:0MU2
|
$742.26 Million |
|
Fomento de Construcciones y Contratas SA
PINK:FMOCF
|
$742.25 Million |
|
Lakshmi Machine Works Limited
NSE:LAXMIMACH
|
$742.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhangjiagang Guangda Special Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,532,634,837 to 3,627,380,911, a change of 94,746,074 (2.7%).
- Net income of 114,639,558 contributed positively to equity growth.
- Dividend payments of 121,091,651 reduced retained earnings.
- Other factors increased equity by 101,198,167.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.64 Million | +3.16% |
| Dividends Paid | CN¥121.09 Million | -3.34% |
| Other Changes | CN¥101.20 Million | +2.79% |
| Total Change | CN¥- | 2.68% |
Book Value vs Market Value Analysis
This analysis compares Zhangjiagang Guangda Special Material 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: 1.58x
- 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 5.15x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥5.20 | CN¥26.75 | x |
| 2018-12-31 | CN¥7.41 | CN¥26.75 | x |
| 2019-12-31 | CN¥8.27 | CN¥26.75 | x |
| 2020-12-31 | CN¥10.61 | CN¥26.75 | x |
| 2021-12-31 | CN¥14.59 | CN¥26.75 | x |
| 2022-12-31 | CN¥16.00 | CN¥26.75 | x |
| 2023-12-31 | CN¥16.49 | CN¥26.75 | x |
| 2024-12-31 | CN¥16.93 | CN¥26.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhangjiagang Guangda Special Material 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): 3.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.86%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 3.16x
- Recent ROE (3.16%) is below the historical average (9.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.35% | 5.40% | 0.52x | 5.10x | CN¥14.24 Million |
| 2017 | 16.64% | 7.68% | 0.60x | 3.59x | CN¥34.52 Million |
| 2018 | 14.75% | 8.91% | 0.63x | 2.61x | CN¥43.30 Million |
| 2019 | 13.91% | 8.91% | 0.65x | 2.42x | CN¥39.79 Million |
| 2020 | 9.91% | 9.57% | 0.44x | 2.37x | CN¥-1.63 Million |
| 2021 | 5.63% | 6.43% | 0.37x | 2.40x | CN¥-136.45 Million |
| 2022 | 3.00% | 3.06% | 0.32x | 3.05x | CN¥-239.92 Million |
| 2023 | 3.09% | 2.88% | 0.36x | 3.02x | CN¥-244.05 Million |
| 2024 | 3.16% | 2.86% | 0.35x | 3.16x | CN¥-248.10 Million |
Industry Comparison
This section compares Zhangjiagang Guangda Special Material Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $7,364,990,323
- Average return on equity (ROE) among peers: 12.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhangjiagang Guangda Special Material Co Ltd (688186) | CN¥4.11 Billion | 14.35% | 1.97x | $742.81 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $28.39 Billion | 21.25% | 1.73x | $1.81 Billion |
| Sgis Songshan Co Ltd (000717) | $327.09 Million | 52.31% | 0.75x | $413.87 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $28.18 Billion | 0.59% | 0.89x | $1.51 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $3.37 Billion | 8.80% | 0.69x | $1.33 Billion |
| Jiangsu Fasten Co Ltd (000890) | $654.28 Million | -22.20% | 10.49x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $5.09 Billion | 10.03% | 0.24x | $1.18 Billion |
| Hunan Valin Steel Co Ltd (000932) | $2.77 Billion | 11.22% | 0.71x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $2.57 Billion | 23.68% | 2.11x | $921.92 Million |
| Sansteel MinGuang Co Ltd Fujian (002110) | $1.60 Billion | 7.93% | 1.54x | $528.18 Million |
| Henan Hengxing Science & Technology Co Ltd (002132) | $696.31 Million | 11.21% | 0.89x | $528.47 Million |