Kerry Logistics Network Limited
KLN Logistics Group Limited, an investment holding company, provides logistics services in Hong Kong, Mainland China, the rest of Asia, the Americas, Europe, the Middle East, Africa, and Oceania. The company operates through Integrated Logistics and International Freight Forwarding segments. It offers integrated logistics services, including storage, inventory, value-added, trucking and distribut… Read more
Kerry Logistics Network Limited (KRRYF) - Net Assets
Latest net assets as of December 2024: $19.08 Billion USD
Based on the latest financial reports, Kerry Logistics Network Limited (KRRYF) has net assets worth $19.08 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.70 Billion) and total liabilities ($23.62 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 | $19.08 Billion |
| % of Total Assets | 44.68% |
| Annual Growth Rate | 1.49% |
| 5-Year Change | -41.26% |
| 10-Year Change | 9.95% |
| Growth Volatility | 16.18 |
Kerry Logistics Network Limited - Net Assets Trend (2013–2024)
This chart illustrates how Kerry Logistics Network Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kerry Logistics Network Limited (2013–2024)
The table below shows the annual net assets of Kerry Logistics Network Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $19.08 Billion | -5.11% |
| 2023-12-31 | $20.11 Billion | -5.38% |
| 2022-12-31 | $21.25 Billion | -14.44% |
| 2021-12-31 | $24.84 Billion | -23.53% |
| 2020-12-31 | $32.48 Billion | +37.23% |
| 2018-12-31 | $23.67 Billion | +11.29% |
| 2017-12-31 | $21.27 Billion | +17.56% |
| 2016-12-31 | $18.09 Billion | +0.61% |
| 2015-12-31 | $17.98 Billion | +3.62% |
| 2014-12-31 | $17.35 Billion | +7.01% |
| 2013-12-31 | $16.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kerry Logistics Network Limited'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 110.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $19.37 Billion | 115.61% |
| Total Equity | $16.76 Billion | 100.00% |
Kerry Logistics Network Limited Competitors by Market Cap
The table below lists competitors of Kerry Logistics Network Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Swaraj Engines Limited
NSE:SWARAJENG
|
$218.10 Million |
|
Arizona Sonoran Copper Company Inc.
OTCQX:ASCUF
|
$218.14 Million |
|
Zhejiang XiaSha Precision
SHE:001316
|
$218.15 Million |
|
Henan Provincial Communications Planning & Design Institute Co Ltd Class A
SHE:300732
|
$218.19 Million |
|
Nanjing Medlander Medical Technology Co. Ltd. A
SHG:688273
|
$218.05 Million |
|
VOYAGEURS DU MONDE EO 1
F:8Z4
|
$218.00 Million |
|
Avex Inc.
PINK:AVEXF
|
$217.95 Million |
|
Tianjin Ruixin Technology Co Ltd
SHE:300828
|
$217.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kerry Logistics Network Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,586,380,000 to 16,755,754,000, a change of -830,626,000 (-4.7%).
- Net income of 1,567,264,000 contributed positively to equity growth.
- Dividend payments of 702,157,000 reduced retained earnings.
- Other factors decreased equity by 1,656,055,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.57 Billion | +9.35% |
| Dividends Paid | $702.16 Million | -4.19% |
| Other Changes | $-1.66 Billion | -9.88% |
| Total Change | $- | -4.72% |
Book Value vs Market Value Analysis
This analysis compares Kerry Logistics Network Limited'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: 0.09x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.80 | x |
| 2016-12-31 | $0.00 | $0.80 | x |
| 2017-12-31 | $0.00 | $0.80 | x |
| 2018-12-31 | $0.00 | $0.80 | x |
| 2020-12-31 | $15.29 | $0.80 | x |
| 2021-12-31 | $11.64 | $0.80 | x |
| 2022-12-31 | $10.20 | $0.80 | x |
| 2023-12-31 | $9.73 | $0.80 | x |
| 2024-12-31 | $9.27 | $0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kerry Logistics Network Limited 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): 9.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.69%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 2.55x
- Recent ROE (9.35%) is below the historical average (14.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.66% | 9.19% | 0.78x | 1.91x | $491.88 Million |
| 2014 | 11.31% | 7.86% | 0.79x | 1.81x | $191.75 Million |
| 2015 | 11.69% | 8.56% | 0.74x | 1.84x | $261.52 Million |
| 2016 | 12.27% | 7.81% | 0.75x | 2.09x | $347.21 Million |
| 2017 | 11.87% | 6.87% | 0.82x | 2.11x | $333.53 Million |
| 2018 | 12.17% | 6.40% | 0.89x | 2.15x | $435.45 Million |
| 2020 | 10.54% | 5.84% | 0.87x | 2.07x | $147.47 Million |
| 2021 | 37.72% | 10.05% | 1.64x | 2.29x | $5.83 Billion |
| 2022 | 19.42% | 4.35% | 1.82x | 2.46x | $1.74 Billion |
| 2023 | 4.57% | 1.70% | 1.13x | 2.40x | $-954.60 Million |
| 2024 | 9.35% | 2.69% | 1.36x | 2.55x | $-108.31 Million |
Industry Comparison
This section compares Kerry Logistics Network Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kerry Logistics Network Limited (KRRYF) | $19.08 Billion | 13.66% | 1.24x | $218.09 Million |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |