Guangdong Greenway Technology Co Ltd (688345) - Net Assets
Based on the latest financial reports, Guangdong Greenway Technology Co Ltd (688345) has net assets worth CN¥1.18 Billion CNY (≈ $172.83 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.16 Billion ≈ $462.17 Million USD) and total liabilities (CN¥1.98 Billion ≈ $289.34 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 financial resilience of Guangdong Greenway Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.18 Billion |
| % of Total Assets | 37.4% |
| Annual Growth Rate | 25.9% |
| 5-Year Change | -1.49% |
| 10-Year Change | N/A |
| Growth Volatility | 51.49 |
Guangdong Greenway Technology Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Guangdong Greenway Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Greenway Technology Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Greenway Technology Co Ltd (2017–2025)
The table below shows the annual net assets of Guangdong Greenway Technology Co Ltd from 2017 to 2025. For live valuation and market cap data, see Guangdong Greenway Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.13 Billion ≈ $164.89 Million |
+6.91% |
| 2024-12-31 | CN¥1.05 Billion ≈ $154.23 Million |
-8.95% |
| 2023-12-31 | CN¥1.16 Billion ≈ $169.38 Million |
-5.08% |
| 2022-12-31 | CN¥1.22 Billion ≈ $178.45 Million |
+6.62% |
| 2021-12-31 | CN¥1.14 Billion ≈ $167.38 Million |
+161.74% |
| 2020-12-31 | CN¥437.01 Million ≈ $63.95 Million |
+39.40% |
| 2019-12-31 | CN¥313.49 Million ≈ $45.87 Million |
+30.27% |
| 2018-12-31 | CN¥240.64 Million ≈ $35.21 Million |
+34.77% |
| 2017-12-31 | CN¥178.56 Million ≈ $26.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Greenway Technology 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 71.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥219.77 Million | 19.59% |
| Common Stock | CN¥101.15 Million | 9.02% |
| Other Comprehensive Income | CN¥70.20 Million | 6.26% |
| Other Components | CN¥730.50 Million | 65.13% |
| Total Equity | CN¥1.12 Billion | 100.00% |
Guangdong Greenway Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Greenway Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PharmaResources (Shanghai) Co. Ltd. A
SHE:301230
|
$792.73 Million |
|
Shanghai Haixin Group Co Ltd A
SHG:600851
|
$792.89 Million |
|
Controladora Vuela Compañía de Aviación S.A.B. de C.V
MX:VOLARA
|
$793.19 Million |
|
Kec Corporation
KO:092220
|
$793.20 Million |
|
ORIENT SECUR.CO.LTD.H YC1
F:OS9
|
$792.57 Million |
|
EVOTEC SE ADR 1/2 O.N.
F:EVTA
|
$792.54 Million |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
$792.37 Million |
|
Shandong Yanggu Huatai Chemical Co Ltd
SHE:300121
|
$792.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Greenway Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,048,494,400 to 1,121,609,420, a change of 73,115,020 (7.0%).
- Net income of 55,879,296 contributed positively to equity growth.
- Dividend payments of 13,915,333 reduced retained earnings.
- Other comprehensive income increased equity by 26,477,625.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥55.88 Million | +4.98% |
| Dividends Paid | CN¥13.92 Million | -1.24% |
| Other Comprehensive Income | CN¥26.48 Million | +2.36% |
| Other Changes | CN¥4.67 Million | +0.42% |
| Total Change | CN¥- | 6.97% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Greenway Technology 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: 4.72x
- 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 22.29x to 4.72x 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¥2.40 | CN¥53.55 | x |
| 2018-12-31 | CN¥3.20 | CN¥53.55 | x |
| 2019-12-31 | CN¥4.17 | CN¥53.55 | x |
| 2020-12-31 | CN¥5.82 | CN¥53.55 | x |
| 2021-12-31 | CN¥13.06 | CN¥53.55 | x |
| 2022-12-31 | CN¥12.13 | CN¥53.55 | x |
| 2023-12-31 | CN¥11.65 | CN¥53.55 | x |
| 2024-12-31 | CN¥10.53 | CN¥53.55 | x |
| 2025-12-31 | CN¥11.34 | CN¥53.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Greenway Technology 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): 4.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.04%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 2.59x
- Recent ROE (4.98%) is below the historical average (12.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 18.73% | 4.61% | 1.25x | 3.26x | CN¥15.59 Million |
| 2018 | 26.27% | 6.63% | 1.45x | 2.73x | CN¥39.16 Million |
| 2019 | 22.55% | 6.86% | 1.40x | 2.35x | CN¥39.19 Million |
| 2020 | 28.35% | 8.62% | 1.33x | 2.46x | CN¥79.86 Million |
| 2021 | 11.03% | 5.67% | 1.00x | 1.95x | CN¥11.73 Million |
| 2022 | 9.07% | 4.79% | 0.89x | 2.13x | CN¥-11.34 Million |
| 2023 | -2.92% | -1.51% | 0.84x | 2.29x | CN¥-149.53 Million |
| 2024 | -9.21% | -5.24% | 0.68x | 2.57x | CN¥-201.46 Million |
| 2025 | 4.98% | 2.04% | 0.94x | 2.59x | CN¥-56.28 Million |
Industry Comparison
This section compares Guangdong Greenway Technology 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: $4,399,714,196
- Average return on equity (ROE) among peers: 18.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Greenway Technology Co Ltd (688345) | CN¥1.18 Billion | 18.73% | 1.67x | $792.61 Million |
| XJ Electric Co Ltd (000400) | $10.16 Billion | 7.13% | 0.74x | $3.87 Billion |
| Guangdong Macro Co Ltd (000533) | $2.18 Billion | 1.75% | 1.00x | $1.22 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.19 Billion | 10.32% | 0.10x | $921.31 Million |
| Dongfang Electronics Co Ltd (000682) | $78.67 Million | 125.00% | 0.63x | $2.60 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $692.15 Million | 13.19% | 0.78x | $900.96 Million |
| Huagong Tech Co Ltd (000988) | $728.66 Million | 5.17% | 0.60x | $22.65 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $476.40 Million | 11.31% | 1.40x | $1.61 Billion |
| Sieyuan Electric Co Ltd (002028) | $2.82 Billion | 5.45% | 0.34x | $22.76 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $170.82 Million | 5.01% | 0.32x | $538.63 Million |
| Gotion High tech Co Ltd (002074) | $24.50 Billion | 1.27% | 1.96x | $9.25 Billion |
About Guangdong Greenway Technology Co Ltd
Guangdong Greenway Technology Co.,Ltd engages in the research and development, production, sale, and servicing of lithium-ion battery packs and lithium-ion cells in China, Europe, Hong Kong, Asia, North America, and internationally. The company's primary products include lithium-ion batteries for light vehicles, energy storage batteries, consumer electronics batteries, and lithium-ion batteries a… Read more