KEDA INDL GRP.C.LTD GDR A (T0T) - Net Assets
Based on the latest financial reports, KEDA INDL GRP.C.LTD GDR A (T0T) has net assets worth €16.71 Billion EUR (≈ $19.54 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€31.08 Billion ≈ $36.34 Billion USD) and total liabilities (€14.37 Billion ≈ $16.80 Billion 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. Explore KEDA INDL GRP.C.LTD GDR A cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €16.71 Billion |
| % of Total Assets | 53.77% |
| Annual Growth Rate | 18.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.79 |
KEDA INDL GRP.C.LTD GDR A - Net Assets Trend (2021–2025)
This chart illustrates how KEDA INDL GRP.C.LTD GDR A's net assets have evolved over time, based on quarterly financial data. Also explore KEDA INDL GRP.C.LTD GDR A asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for KEDA INDL GRP.C.LTD GDR A (2021–2025)
The table below shows the annual net assets of KEDA INDL GRP.C.LTD GDR A from 2021 to 2025. For live valuation and market cap data, see KEDA INDL GRP.C.LTD GDR A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €15.88 Billion ≈ $18.56 Billion |
+15.06% |
| 2024-12-31 | €13.80 Billion ≈ $16.13 Billion |
+0.81% |
| 2023-12-31 | €13.69 Billion ≈ $16.00 Billion |
+2.67% |
| 2022-12-31 | €13.33 Billion ≈ $15.59 Billion |
+66.74% |
| 2021-12-31 | €8.00 Billion ≈ $9.35 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to KEDA INDL GRP.C.LTD GDR A'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 179.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.87 Billion | 62.49% |
| Other Components | €4.72 Billion | 37.51% |
| Total Equity | €12.59 Billion | 100.00% |
KEDA INDL GRP.C.LTD GDR A Competitors by Market Cap
The table below lists competitors of KEDA INDL GRP.C.LTD GDR A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Handlowy w Warszawie SA
WAR:BHW
|
$4.41 Billion |
|
EPR Properties
NYSE:EPR
|
$4.42 Billion |
|
Doosan Bobcat Inc
KO:241560
|
$4.42 Billion |
|
Glarun Technology Co Ltd
SHG:600562
|
$4.42 Billion |
|
Bumrungrad Hospital PCL
BK:BH
|
$4.41 Billion |
|
Valvoline Inc
NYSE:VVV
|
$4.41 Billion |
|
Cathay Biotech Inc
SHG:688065
|
$4.41 Billion |
|
Jiangsu Jiejie Microelectronics Co Ltd
SHE:300623
|
$4.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KEDA INDL GRP.C.LTD GDR A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,478,936,200 to 12,592,762,800, a change of 1,113,826,600 (9.7%).
- Net income of 1,308,863,400 contributed positively to equity growth.
- Dividend payments of 612,026,500 reduced retained earnings.
- Other factors increased equity by 416,989,700.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.31 Billion | +10.39% |
| Dividends Paid | €612.03 Million | -4.86% |
| Other Changes | €416.99 Million | +3.31% |
| Total Change | €- | 9.70% |
Book Value vs Market Value Analysis
This analysis compares KEDA INDL GRP.C.LTD GDR A'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: 1.75x
- 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 3.17x to 1.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €3.63 | €11.50 | x |
| 2022-12-31 | €5.84 | €11.50 | x |
| 2023-12-31 | €5.85 | €11.50 | x |
| 2024-12-31 | €5.99 | €11.50 | x |
| 2025-12-31 | €6.57 | €11.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KEDA INDL GRP.C.LTD GDR A 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): 10.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.53%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.33x
- Recent ROE (10.39%) is below the historical average (17.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 14.68% | 10.27% | 0.61x | 2.35x | €320.59 Million |
| 2022 | 37.33% | 38.10% | 0.53x | 1.86x | €3.11 Billion |
| 2023 | 18.35% | 21.58% | 0.41x | 2.07x | €952.15 Million |
| 2024 | 8.77% | 7.99% | 0.47x | 2.35x | €-141.58 Million |
| 2025 | 10.39% | 7.53% | 0.59x | 2.33x | €49.59 Million |
Industry Comparison
This section compares KEDA INDL GRP.C.LTD GDR A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $12,238,877,067
- Average return on equity (ROE) among peers: 14.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KEDA INDL GRP.C.LTD GDR A (T0T) | €16.71 Billion | 14.68% | 0.86x | $4.41 Billion |
| DB ENERGY S.A. ZY -10 (0CJ) | $32.52 Million | 9.20% | 2.05x | $6.87 Million |
| MORIMATSU INT.H.C. (HK) (1S5) | $5.28 Billion | 13.97% | 0.69x | $983.88 Million |
| 2G Energy AG (2GB) | $146.19 Million | 16.19% | 0.90x | $670.96 Million |
| Eaton Corporation PLC (3EC) | $17.29 Billion | 17.26% | 0.89x | $131.40 Billion |
| M+S HIDRAVLIK AD BW 1 (8Q3) | $130.35 Million | 27.36% | 0.27x | $197.17 Million |
| MERUS POWER OYJ EO 1 (99H) | $12.09 Million | -6.60% | 0.75x | $34.19 Million |
| Aumann AG (AAG) | $41.44 Million | 30.87% | 2.19x | $174.31 Million |
| Atlas Copco A ADR (ACO) | $91.50 Billion | 30.64% | 1.00x | $64.34 Billion |
| ATS CORP. (ATO0) | $1.71 Billion | -1.64% | 1.70x | $2.85 Billion |
| Chongqing Machinery & Electric Co. Ltd (CE3) | $6.25 Billion | 8.19% | 1.18x | $424.46 Million |
About KEDA INDL GRP.C.LTD GDR A
Keda Industrial Group Co., Ltd. manufactures and sells ceramic machinery and building material in China. The company offers building materials machinery, clean coal gasification equipment, final-stage flue gas treatment equipment, high-end components and other equipment, building ceramics, and lithium-ion battery materials; and ceramic, stone, ACC, lithium-ion battery materials, and hydraulic mac… Read more