Zhejiang Kan Specialities Material Co Ltd (002012) - Net Assets

Latest as of March 2026: CN¥1.74 Billion CNY ≈ $255.23 Million USD

Based on the latest financial reports, Zhejiang Kan Specialities Material Co Ltd (002012) has net assets worth CN¥1.74 Billion CNY (≈ $255.23 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.91 Billion ≈ $279.04 Million USD) and total liabilities (CN¥162.69 Million ≈ $23.81 Million 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. Check Zhejiang Kan Specialities Material Co Lt asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.74 Billion
% of Total Assets 91.47%
Annual Growth Rate 13.66%
5-Year Change -3.16%
10-Year Change 37.61%
Growth Volatility 36.83

Zhejiang Kan Specialities Material Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Zhejiang Kan Specialities Material Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002012 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Zhejiang Kan Specialities Material Co Ltd (2001–2025)

The table below shows the annual net assets of Zhejiang Kan Specialities Material Co Ltd from 2001 to 2025. For live valuation and market cap data, see market value of Zhejiang Kan Specialities Material Co Lt.

Year Net Assets Change
2025-12-31 CN¥1.74 Billion
≈ $254.89 Million
+2.46%
2024-12-31 CN¥1.70 Billion
≈ $248.78 Million
+0.16%
2023-12-31 CN¥1.70 Billion
≈ $248.38 Million
-0.97%
2022-12-31 CN¥1.71 Billion
≈ $250.83 Million
-4.70%
2021-12-31 CN¥1.80 Billion
≈ $263.20 Million
+14.72%
2020-12-31 CN¥1.57 Billion
≈ $229.43 Million
+11.73%
2019-12-31 CN¥1.40 Billion
≈ $205.34 Million
+5.00%
2018-12-31 CN¥1.34 Billion
≈ $195.56 Million
+2.99%
2017-12-31 CN¥1.30 Billion
≈ $189.87 Million
+2.51%
2016-12-31 CN¥1.27 Billion
≈ $185.22 Million
+1.45%
2015-12-31 CN¥1.25 Billion
≈ $182.58 Million
+0.34%
2014-12-31 CN¥1.24 Billion
≈ $181.96 Million
+4.07%
2013-12-31 CN¥1.19 Billion
≈ $174.85 Million
+0.03%
2012-12-31 CN¥1.19 Billion
≈ $174.79 Million
+5.61%
2011-12-31 CN¥1.13 Billion
≈ $165.51 Million
+108.35%
2010-12-31 CN¥542.88 Million
≈ $79.44 Million
+26.97%
2009-12-31 CN¥427.58 Million
≈ $62.57 Million
+12.36%
2008-12-31 CN¥380.56 Million
≈ $55.69 Million
+8.28%
2007-12-31 CN¥351.46 Million
≈ $51.43 Million
-2.53%
2006-12-31 CN¥360.60 Million
≈ $52.77 Million
-0.10%
2005-12-31 CN¥360.95 Million
≈ $52.82 Million
-2.50%
2004-12-31 CN¥370.19 Million
≈ $54.17 Million
+156.33%
2003-12-31 CN¥144.42 Million
≈ $21.13 Million
+36.07%
2002-12-31 CN¥106.14 Million
≈ $15.53 Million
+31.70%
2001-12-31 CN¥80.60 Million
≈ $11.79 Million
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Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Kan Specialities Material 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 2464.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥717.69 Million 46.10%
Common Stock CN¥467.63 Million 30.04%
Other Comprehensive Income CN¥125.36 Million 8.05%
Other Components CN¥246.08 Million 15.81%
Total Equity CN¥1.56 Billion 100.00%

Zhejiang Kan Specialities Material Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Kan Specialities Material Co Ltd ranked by their market capitalization.

Company Market Cap
Energy Vault Holdings Inc
NYSE:NRGV
$535.25 Million
Guangdong Tianan New Material
SHG:603725
$535.32 Million
Solaer Israel Ltd
TA:SOLR
$535.40 Million
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd
SHG:603976
$535.45 Million
Bannerman Energy Ltd
AU:BMN
$535.02 Million
Standard Chartered PLC
LSE:STAN
$535.01 Million
Zinzino AB Series B
ST:ZZ-B
$534.92 Million
Sjóvá-Almennar tryggingar hf
IC:SJOVA
$534.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Kan Specialities Material Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,526,928,753 to 1,556,756,510, a change of 29,827,757 (2.0%).
  • Net income of 31,698,253 contributed positively to equity growth.
  • Dividend payments of 1,870,496 reduced retained earnings.
  • Other comprehensive income increased equity by 125,356,231.
  • Other factors decreased equity by 125,356,231.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥31.70 Million +2.04%
Dividends Paid CN¥1.87 Million -0.12%
Other Comprehensive Income CN¥125.36 Million +8.05%
Other Changes CN¥-125.36 Million -8.05%
Total Change CN¥- 1.95%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Kan Specialities Material 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: 2.35x
  • 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 45.67x to 2.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.17 CN¥7.82 x
2002-12-31 CN¥0.26 CN¥7.82 x
2003-12-31 CN¥0.35 CN¥7.82 x
2004-12-31 CN¥0.87 CN¥7.82 x
2005-12-31 CN¥0.84 CN¥7.82 x
2006-12-31 CN¥0.86 CN¥7.82 x
2007-12-31 CN¥0.81 CN¥7.82 x
2008-12-31 CN¥0.93 CN¥7.82 x
2009-12-31 CN¥0.95 CN¥7.82 x
2010-12-31 CN¥1.23 CN¥7.82 x
2011-12-31 CN¥2.48 CN¥7.82 x
2012-12-31 CN¥2.34 CN¥7.82 x
2013-12-31 CN¥2.31 CN¥7.82 x
2014-12-31 CN¥2.57 CN¥7.82 x
2015-12-31 CN¥2.45 CN¥7.82 x
2016-12-31 CN¥2.74 CN¥7.82 x
2017-12-31 CN¥2.77 CN¥7.82 x
2018-12-31 CN¥2.49 CN¥7.82 x
2019-12-31 CN¥2.76 CN¥7.82 x
2020-12-31 CN¥2.96 CN¥7.82 x
2021-12-31 CN¥3.08 CN¥7.82 x
2022-12-31 CN¥3.08 CN¥7.82 x
2023-12-31 CN¥3.24 CN¥7.82 x
2024-12-31 CN¥3.27 CN¥7.82 x
2025-12-31 CN¥3.33 CN¥7.82 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Kan Specialities Material 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): 2.04%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.06%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 1.22x
  • Recent ROE (2.04%) is below the historical average (8.26%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 30.87% 18.25% 0.66x 2.55x CN¥16.74 Million
2002 31.09% 18.96% 0.69x 2.36x CN¥22.26 Million
2003 26.37% 18.81% 0.63x 2.22x CN¥23.49 Million
2004 12.46% 17.89% 0.45x 1.56x CN¥8.75 Million
2005 7.39% 9.06% 0.36x 2.25x CN¥-9.03 Million
2006 2.26% 2.45% 0.36x 2.58x CN¥-26.72 Million
2007 -4.95% -4.77% 0.50x 2.10x CN¥-49.69 Million
2008 6.28% 5.79% 0.53x 2.06x CN¥-13.18 Million
2009 16.31% 10.72% 0.53x 2.87x CN¥23.63 Million
2010 21.95% 12.90% 0.69x 2.47x CN¥57.59 Million
2011 11.06% 12.28% 0.58x 1.55x CN¥11.34 Million
2012 7.68% 9.95% 0.54x 1.44x CN¥-25.94 Million
2013 1.30% 1.49% 0.59x 1.47x CN¥-97.42 Million
2014 3.50% 4.35% 0.59x 1.37x CN¥-75.49 Million
2015 1.64% 2.16% 0.55x 1.38x CN¥-98.70 Million
2016 0.73% 0.92% 0.54x 1.47x CN¥-110.19 Million
2017 2.53% 2.98% 0.58x 1.47x CN¥-90.40 Million
2018 2.01% 2.20% 0.61x 1.51x CN¥-98.71 Million
2019 3.63% 4.03% 0.63x 1.44x CN¥-81.56 Million
2020 6.76% 5.97% 0.69x 1.63x CN¥-44.38 Million
2021 6.49% 5.14% 0.76x 1.67x CN¥-50.88 Million
2022 3.58% 3.84% 0.60x 1.54x CN¥-95.92 Million
2023 3.09% 5.75% 0.42x 1.28x CN¥-106.10 Million
2024 0.38% 0.97% 0.33x 1.18x CN¥-146.95 Million
2025 2.04% 5.06% 0.33x 1.22x CN¥-123.98 Million

Industry Comparison

This section compares Zhejiang Kan Specialities Material Co Ltd's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $4,629,154,162
  • Average return on equity (ROE) among peers: 8.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Kan Specialities Material Co Ltd (002012) CN¥1.74 Billion 30.87% 0.09x $535.11 Million
Shandong Chenming Paper Holdings Ltd (000488) $7.19 Billion 8.38% 1.50x $571.94 Million
MCC Meili Paper Industry Co Ltd (000815) $33.57 Million 30.54% 2.41x $1.95 Billion
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) $2.96 Billion 4.23% 0.84x $1.12 Billion
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) $4.46 Billion 3.96% 2.41x $5.34 Billion
Xiamen Anne Corp Ltd (002235) $1.23 Billion 1.83% 0.22x $873.54 Million
Qifeng New Material Co Ltd (002521) $3.59 Billion 4.60% 0.41x $651.54 Million
Shandong Chenming Paper Holdings Ltd Class B (200488) $21.10 Billion -6.07% 2.77x $61.32 Million
Cre8 Direct Ningbo Co Ltd (300703) $720.14 Million 16.38% 0.57x $435.29 Million
Fujian Qingshan Paper Industry Co Ltd (600103) $381.53 Million 13.23% 0.58x $1.38 Billion

About Zhejiang Kan Specialities Material Co Ltd

SHE:002012 China Paper & Paper Products
Market Cap
$535.11 Million
CN¥3.66 Billion CNY
Market Cap Rank
#12281 Global
#3750 in China
Share Price
CN¥7.82
Change (1 day)
+4.13%
52-Week Range
CN¥4.88 - CN¥7.82
All Time High
CN¥14.95
About

Zhejiang Kan Specialities Material Co., Ltd. develops and produces paper-based functional materials in China. The company offers specialty food packaging materials, such as natural kraft paper, white kraft paper, candy knot paper, high-strength packaging paper, silicone base paper, steamer paper, fluorinated and fluorine-free oil-resistant paper, water-based paper, waxed base paper, tea bag paper… Read more