Beijing Kingfore HV & Energy Conservation Technology Co.Ltd.
Kingfore Energy Group Co., Ltd. manufactures and sells energy saving products in China. It offers heating operation services and energy-saving renovation services. The company also provides climate compensators, flue gas waste heat recovery devices, district heating centralized monitoring systems, and hydraulic balance diagnosis and control platform heating systems. The company was founded in 199… Read more
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) - Net Assets
Latest net assets as of September 2025: CN¥1.38 Billion CNY
Based on the latest financial reports, Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) has net assets worth CN¥1.38 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¥2.06 Billion) and total liabilities (CN¥672.83 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¥1.38 Billion |
| % of Total Assets | 67.27% |
| Annual Growth Rate | 21.24% |
| 5-Year Change | 144.55% |
| 10-Year Change | 465.47% |
| Growth Volatility | 36.46 |
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. - Net Assets Trend (2014–2024)
This chart illustrates how Beijing Kingfore HV & Energy Conservation Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (2014–2024)
The table below shows the annual net assets of Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.34 Billion | +4.23% |
| 2023-12-31 | CN¥1.29 Billion | -2.59% |
| 2022-12-31 | CN¥1.32 Billion | +5.87% |
| 2021-12-31 | CN¥1.25 Billion | +127.49% |
| 2020-12-31 | CN¥548.45 Million | +20.73% |
| 2019-12-31 | CN¥454.29 Million | +16.74% |
| 2018-12-31 | CN¥389.14 Million | -4.47% |
| 2017-12-31 | CN¥407.36 Million | +21.89% |
| 2016-12-31 | CN¥334.21 Million | +40.90% |
| 2015-12-31 | CN¥237.19 Million | +21.42% |
| 2014-12-31 | CN¥195.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Kingfore HV & Energy Conservation 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 307.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥468.71 Million | 37.45% |
| Common Stock | CN¥130.68 Million | 10.44% |
| Other Comprehensive Income | CN¥53.49 Million | 4.27% |
| Other Components | CN¥598.76 Million | 47.84% |
| Total Equity | CN¥1.25 Billion | 100.00% |
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TYC Brother Industrial Co Ltd
TW:1522
|
$174.92 Million |
|
AerSale Corp
NASDAQ:ASLE
|
$174.95 Million |
|
Innate Pharma
PINK:IPHYF
|
$174.96 Million |
|
JS Global Lifestyle Company Limited
PINK:JGLCF
|
$174.98 Million |
|
Equasens S. A.
PA:EQS
|
$174.86 Million |
|
SD Biosensor Inc
KO:137310
|
$174.83 Million |
|
Keystone Technology Co Ltd
SHG:605588
|
$174.73 Million |
|
Holsin Engineering Consulting
SHG:603909
|
$174.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Kingfore HV & Energy Conservation Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,220,995,746 to 1,251,635,065, a change of 30,639,319 (2.5%).
- Net income of 48,689,866 contributed positively to equity growth.
- Dividend payments of 18,512,608 reduced retained earnings.
- Other comprehensive income increased equity by 53,485,901.
- Other factors decreased equity by 53,023,840.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥48.69 Million | +3.89% |
| Dividends Paid | CN¥18.51 Million | -1.48% |
| Other Comprehensive Income | CN¥53.49 Million | +4.27% |
| Other Changes | CN¥-53.02 Million | -4.24% |
| Total Change | CN¥- | 2.51% |
Book Value vs Market Value Analysis
This analysis compares Beijing Kingfore HV & Energy Conservation 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: 2.22x
- 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 7.86x to 2.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.69 | CN¥21.14 | x |
| 2015-12-31 | CN¥3.26 | CN¥21.14 | x |
| 2016-12-31 | CN¥4.40 | CN¥21.14 | x |
| 2017-12-31 | CN¥4.90 | CN¥21.14 | x |
| 2018-12-31 | CN¥4.58 | CN¥21.14 | x |
| 2019-12-31 | CN¥4.01 | CN¥21.14 | x |
| 2020-12-31 | CN¥7.71 | CN¥21.14 | x |
| 2021-12-31 | CN¥11.19 | CN¥21.14 | x |
| 2022-12-31 | CN¥11.61 | CN¥21.14 | x |
| 2023-12-31 | CN¥9.16 | CN¥21.14 | x |
| 2024-12-31 | CN¥9.51 | CN¥21.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Kingfore HV & Energy Conservation 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): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.54%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.82x
- Recent ROE (3.89%) is below the historical average (17.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 39.02% | 15.85% | 0.80x | 3.09x | CN¥56.01 Million |
| 2015 | 24.02% | 11.58% | 0.72x | 2.86x | CN¥32.97 Million |
| 2016 | 18.93% | 13.11% | 0.58x | 2.50x | CN¥29.39 Million |
| 2017 | 17.87% | 11.57% | 0.67x | 2.30x | CN¥31.33 Million |
| 2018 | 20.72% | 11.98% | 0.62x | 2.81x | CN¥40.30 Million |
| 2019 | 23.09% | 14.14% | 0.66x | 2.47x | CN¥57.17 Million |
| 2020 | 24.30% | 16.79% | 0.68x | 2.13x | CN¥74.94 Million |
| 2021 | 10.62% | 16.38% | 0.44x | 1.49x | CN¥7.61 Million |
| 2022 | 7.60% | 11.04% | 0.44x | 1.55x | CN¥-30.31 Million |
| 2023 | 1.00% | 1.26% | 0.49x | 1.61x | CN¥-109.88 Million |
| 2024 | 3.89% | 4.54% | 0.47x | 1.82x | CN¥-76.47 Million |
Industry Comparison
This section compares Beijing Kingfore HV & Energy Conservation Technology Co.Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,989,789,692
- Average return on equity (ROE) among peers: 8.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | CN¥1.38 Billion | 39.02% | 0.49x | $174.91 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |