Kenongwo Group US Inc
Kenongwo Group US, Inc., through its subsidiary, Jiangxi Kenongwo Technology Co., Ltd., researches, develops, manufactures, and sells bamboo charcoal biomass organic, amino acid water-soluble, selenium-rich foliage, and other types of fertilizers in the People's Republic of China. The company sells its products through distributors. Kenongwo Group US, Inc. was incorporated in 2018 and is based in… Read more
Kenongwo Group US Inc (KNGW) - Net Assets
Latest net assets as of June 2023: $2.32 Million USD
Based on the latest financial reports, Kenongwo Group US Inc (KNGW) has net assets worth $2.32 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.40 Million) and total liabilities ($2.08 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 | $2.32 Million |
| % of Total Assets | 52.72% |
| Annual Growth Rate | 164.38% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Kenongwo Group US Inc - Net Assets Trend (2019–2022)
This chart illustrates how Kenongwo Group US Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kenongwo Group US Inc (2019–2022)
The table below shows the annual net assets of Kenongwo Group US Inc from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $1.76 Million | +188.60% |
| 2021-12-31 | $-1.98 Million | -258.12% |
| 2020-12-31 | $-553.96K | -682.80% |
| 2019-12-31 | $95.05K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kenongwo Group US Inc'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 decreased by 130102800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.19K | 0.58% |
| Other Comprehensive Income | $122.76K | 6.98% |
| Other Components | $3.13 Million | 177.88% |
| Total Equity | $1.76 Million | 100.00% |
Kenongwo Group US Inc Competitors by Market Cap
The table below lists competitors of Kenongwo Group US Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACMNF
PINK:ACMNF
|
$14.34 Million |
|
Nahar Poly Films Limited
NSE:NAHARPOLY
|
$14.34 Million |
|
Australis Oil & Gas Ltd
AU:ATS
|
$14.34 Million |
|
Quality Construction Products Public Company Limited
BK:Q-CON
|
$14.34 Million |
|
Oriental System Technology Inc.
TWO:6819
|
$14.33 Million |
|
Vietnam Electricity Construction JSC
VN:VNE
|
$14.33 Million |
|
Enapter AG
F:H2O
|
$14.33 Million |
|
Inflection Resources Ltd
OTCQB:AUCUF
|
$14.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kenongwo Group US Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -1,983,826 to 1,757,757, a change of 3,741,583.
- Net income of 935,154 contributed positively to equity growth.
- Other comprehensive income increased equity by 163,875.
- Other factors increased equity by 2,642,554.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $935.15K | +53.2% |
| Other Comprehensive Income | $163.88K | +9.32% |
| Other Changes | $2.64 Million | +150.34% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Kenongwo Group US Inc'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: 18.55x
- 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 increased from 11.84x to 18.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.03 | $0.32 | x |
| 2020-12-31 | $-0.02 | $0.32 | x |
| 2021-12-31 | $-1.21 | $0.32 | x |
| 2022-12-31 | $0.02 | $0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kenongwo Group US Inc 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): 53.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.24%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 2.56x
- Recent ROE (53.20%) is above the historical average (-23.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -145.30% | -22.22% | 0.59x | 11.02x | $-147.62K |
| 2020 | 0.00% | -169.95% | 0.32x | 0.00x | $-807.13K |
| 2021 | 0.00% | -266.26% | 0.18x | 0.00x | $-1.25 Million |
| 2022 | 53.20% | 12.24% | 1.70x | 2.56x | $759.38K |
Industry Comparison
This section compares Kenongwo Group US Inc's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,234,454,915
- Average return on equity (ROE) among peers: -88.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kenongwo Group US Inc (KNGW) | $2.32 Million | -145.30% | 0.90x | $14.33 Million |
| Argo Living Soils Corp (ARLSF) | $117.11K | -241.15% | 0.57x | $4.77 Million |
| American Vanguard Corporation (AVD) | $282.36 Million | 4.53% | 0.52x | $93.02 Million |
| Bee Vectoring Technologies International Inc (BEVVF) | $1.82 Million | -170.52% | 0.16x | $47.51K |
| Benson Hill, Inc. Common Stock (BHIL) | $86.04 Million | -134.02% | 2.19x | $178.85K |
| BHILW (BHILW) | $86.04 Million | -134.02% | 2.19x | $286.16K |
| Bioceres Crop Solutions Corp (BIOX) | $351.38 Million | 0.92% | 1.43x | $16.37 Million |
| CO2 Gro Inc (BLONF) | $577.93K | -224.34% | 1.65x | $154.65K |
| China BlueChemical Ltd (CBLUF) | $7.05 Billion | 23.77% | 0.29x | $484.41 Million |
| CF Industries Holdings Inc (CF) | $4.39 Billion | 15.96% | 1.90x | $15.33 Billion |
| China Green Agriculture Inc (CGA) | $100.10 Million | -28.38% | 0.63x | $14.93 Million |