Guoguang Electric Co Ltd Chengdu
Guoguang Electric Co.,Ltd.Chengdu engages in the research and development, production, and sale of microwave devices in China and internationally. It offers microwave electric vacuum devices, such as traveling wave tubes, magnetrons, and traveling wave tubes; microwave energy application equipment; vacuum contactors; cathode components and magnetic materials; vacuum contactor arc extinguishing ch… Read more
Guoguang Electric Co Ltd Chengdu (688776) - Net Assets
Latest net assets as of September 2025: CN¥1.82 Billion CNY
Based on the latest financial reports, Guoguang Electric Co Ltd Chengdu (688776) has net assets worth CN¥1.82 Billion 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¥2.41 Billion) and total liabilities (CN¥598.37 Million). 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¥1.82 Billion |
| % of Total Assets | 75.21% |
| Annual Growth Rate | 14.74% |
| 5-Year Change | 234.81% |
| 10-Year Change | N/A |
| Growth Volatility | 69.29 |
Guoguang Electric Co Ltd Chengdu - Net Assets Trend (2017–2024)
This chart illustrates how Guoguang Electric Co Ltd Chengdu's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guoguang Electric Co Ltd Chengdu (2017–2024)
The table below shows the annual net assets of Guoguang Electric Co Ltd Chengdu from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.85 Billion | +0.65% |
| 2023-12-31 | CN¥1.84 Billion | +5.34% |
| 2022-12-31 | CN¥1.74 Billion | +7.30% |
| 2021-12-31 | CN¥1.63 Billion | +194.32% |
| 2020-12-31 | CN¥552.20 Million | +7.21% |
| 2019-12-31 | CN¥515.05 Million | +0.72% |
| 2018-12-31 | CN¥511.37 Million | -27.57% |
| 2017-12-31 | CN¥706.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guoguang Electric Co Ltd Chengdu'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 337.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥476.08 Million | 25.75% |
| Common Stock | CN¥108.38 Million | 5.86% |
| Other Comprehensive Income | CN¥400.73 Million | 21.68% |
| Other Components | CN¥863.63 Million | 46.71% |
| Total Equity | CN¥1.85 Billion | 100.00% |
Guoguang Electric Co Ltd Chengdu Competitors by Market Cap
The table below lists competitors of Guoguang Electric Co Ltd Chengdu ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
zooplus AG
PINK:ZLPSF
|
$690.36 Million |
|
HeBei Jinniu Chemical Industry Co Ltd
SHG:600722
|
$690.45 Million |
|
Feng Hsin Steel Co Ltd
TW:2015
|
$690.55 Million |
|
Marcopolo S.A
SA:POMO3
|
$690.98 Million |
|
Sanoma Oyj
HE:SANOMA
|
$689.89 Million |
|
Beijing Zhidemai Technology
SHE:300785
|
$689.88 Million |
|
Jiangyin Jianghua Microelectronics Materials Co Ltd
SHG:603078
|
$689.62 Million |
|
Pagaya Technologies Ltd.
NASDAQ:PGY
|
$689.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guoguang Electric Co Ltd Chengdu's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,836,926,749 to 1,848,823,317, a change of 11,896,568 (0.6%).
- Net income of 47,051,010 contributed positively to equity growth.
- Dividend payments of 41,727,616 reduced retained earnings.
- Other comprehensive income increased equity by 389,654,241.
- Other factors decreased equity by 383,081,067.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥47.05 Million | +2.54% |
| Dividends Paid | CN¥41.73 Million | -2.26% |
| Other Comprehensive Income | CN¥389.65 Million | +21.08% |
| Other Changes | CN¥-383.08 Million | -20.72% |
| Total Change | CN¥- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares Guoguang Electric Co Ltd Chengdu'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: 6.64x
- 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 15.13x to 6.64x 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¥7.42 | CN¥112.25 | x |
| 2018-12-31 | CN¥5.85 | CN¥112.25 | x |
| 2019-12-31 | CN¥4.75 | CN¥112.25 | x |
| 2020-12-31 | CN¥7.13 | CN¥112.25 | x |
| 2021-12-31 | CN¥20.99 | CN¥112.25 | x |
| 2022-12-31 | CN¥16.09 | CN¥112.25 | x |
| 2023-12-31 | CN¥16.87 | CN¥112.25 | x |
| 2024-12-31 | CN¥16.90 | CN¥112.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guoguang Electric Co Ltd Chengdu 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): 2.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.77%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.32x
- Recent ROE (2.54%) is below the historical average (7.48%), 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 | 3.47% | 9.31% | 0.24x | 1.53x | CN¥-45.90 Million |
| 2018 | 3.78% | 5.23% | 0.46x | 1.56x | CN¥-31.71 Million |
| 2019 | 8.17% | 11.85% | 0.46x | 1.50x | CN¥-9.43 Million |
| 2020 | 17.28% | 21.40% | 0.51x | 1.58x | CN¥40.19 Million |
| 2021 | 10.15% | 27.94% | 0.29x | 1.24x | CN¥2.43 Million |
| 2022 | 9.52% | 18.22% | 0.41x | 1.29x | CN¥-8.33 Million |
| 2023 | 4.92% | 12.12% | 0.32x | 1.29x | CN¥-93.34 Million |
| 2024 | 2.54% | 8.77% | 0.22x | 1.32x | CN¥-137.83 Million |
Industry Comparison
This section compares Guoguang Electric Co Ltd Chengdu's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guoguang Electric Co Ltd Chengdu (688776) | CN¥1.82 Billion | 3.47% | 0.33x | $690.18 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |