Qingdao Kingking Applied Chemistry Co Ltd
Qingdao Kingking Applied Chemistry Co., Ltd. engages in the producing and selling new polymer matrix composite candlelight material series products, daily candle products, craft glass series products and other handicrafts and cosmetics in China and internationally. The company provides cosmetics products under the ALLL Beauty brand. It sells through offline and online channel. The company was fou… Read more
Qingdao Kingking Applied Chemistry Co Ltd (002094) - Net Assets
Latest net assets as of September 2025: CN¥1.56 Billion CNY
Based on the latest financial reports, Qingdao Kingking Applied Chemistry Co Ltd (002094) has net assets worth CN¥1.56 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¥3.19 Billion) and total liabilities (CN¥1.64 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 | CN¥1.56 Billion |
| % of Total Assets | 48.78% |
| Annual Growth Rate | 14.8% |
| 5-Year Change | -46.11% |
| 10-Year Change | 85.57% |
| Growth Volatility | 50.53 |
Qingdao Kingking Applied Chemistry Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Qingdao Kingking Applied Chemistry 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 Qingdao Kingking Applied Chemistry Co Ltd (2003–2024)
The table below shows the annual net assets of Qingdao Kingking Applied Chemistry Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.49 Billion | +2.12% |
| 2023-12-31 | CN¥1.46 Billion | -0.40% |
| 2022-12-31 | CN¥1.47 Billion | -40.09% |
| 2021-12-31 | CN¥2.45 Billion | -11.57% |
| 2020-12-31 | CN¥2.77 Billion | -18.38% |
| 2019-12-31 | CN¥3.39 Billion | +0.52% |
| 2018-12-31 | CN¥3.37 Billion | +17.72% |
| 2017-12-31 | CN¥2.87 Billion | +48.99% |
| 2016-12-31 | CN¥1.92 Billion | +139.29% |
| 2015-12-31 | CN¥803.99 Million | +27.06% |
| 2014-12-31 | CN¥632.76 Million | +4.86% |
| 2013-12-31 | CN¥603.44 Million | +9.21% |
| 2012-12-31 | CN¥552.57 Million | +10.31% |
| 2011-12-31 | CN¥500.91 Million | +8.53% |
| 2010-12-31 | CN¥461.54 Million | +6.23% |
| 2009-12-31 | CN¥434.49 Million | -5.48% |
| 2008-12-31 | CN¥459.68 Million | +0.82% |
| 2007-12-31 | CN¥455.94 Million | +7.86% |
| 2006-12-31 | CN¥422.70 Million | +190.07% |
| 2005-12-31 | CN¥145.72 Million | +23.78% |
| 2004-12-31 | CN¥117.73 Million | +43.17% |
| 2003-12-31 | CN¥82.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qingdao Kingking Applied Chemistry 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 decreased by 1659.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥690.90 Million | 47.01% |
| Other Comprehensive Income | CN¥19.18 Million | 1.30% |
| Other Components | CN¥1.09 Billion | 74.40% |
| Total Equity | CN¥1.47 Billion | 100.00% |
Qingdao Kingking Applied Chemistry Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Kingking Applied Chemistry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medacta Group SA
PINK:MEDGF
|
$502.98 Million |
|
South Plains Financial Inc
NASDAQ:SPFI
|
$503.02 Million |
|
Anhui Estone Materials Technology Co Ltd
SHG:688733
|
$503.14 Million |
|
SLC Agrícola S.A
SA:SLCE3
|
$503.35 Million |
|
Shanghai Jiao Yun Group Co Ltd
SHG:600676
|
$502.73 Million |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
$502.66 Million |
|
Eco World Develop Group
KLSE:8206
|
$502.55 Million |
|
Dashang Co Ltd
SHG:600694
|
$502.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Kingking Applied Chemistry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,432,274,281 to 1,469,738,512, a change of 37,464,231 (2.6%).
- Net income of 35,115,042 contributed positively to equity growth.
- Dividend payments of 55,835,363 reduced retained earnings.
- Other comprehensive income increased equity by 174,192,969.
- Other factors decreased equity by 116,008,417.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥35.12 Million | +2.39% |
| Dividends Paid | CN¥55.84 Million | -3.8% |
| Other Comprehensive Income | CN¥174.19 Million | +11.85% |
| Other Changes | CN¥-116.01 Million | -7.89% |
| Total Change | CN¥- | 2.62% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Kingking Applied Chemistry 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: 3.35x
- 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 decreased from 35.50x to 3.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.20 | CN¥7.13 | x |
| 2004-12-31 | CN¥0.29 | CN¥7.13 | x |
| 2005-12-31 | CN¥0.36 | CN¥7.13 | x |
| 2006-12-31 | CN¥1.12 | CN¥7.13 | x |
| 2007-12-31 | CN¥0.82 | CN¥7.13 | x |
| 2008-12-31 | CN¥0.82 | CN¥7.13 | x |
| 2009-12-31 | CN¥0.78 | CN¥7.13 | x |
| 2010-12-31 | CN¥0.87 | CN¥7.13 | x |
| 2011-12-31 | CN¥0.91 | CN¥7.13 | x |
| 2012-12-31 | CN¥0.99 | CN¥7.13 | x |
| 2013-12-31 | CN¥1.11 | CN¥7.13 | x |
| 2014-12-31 | CN¥1.13 | CN¥7.13 | x |
| 2015-12-31 | CN¥1.39 | CN¥7.13 | x |
| 2016-12-31 | CN¥2.96 | CN¥7.13 | x |
| 2017-12-31 | CN¥3.73 | CN¥7.13 | x |
| 2018-12-31 | CN¥4.18 | CN¥7.13 | x |
| 2019-12-31 | CN¥4.20 | CN¥7.13 | x |
| 2020-12-31 | CN¥3.57 | CN¥7.13 | x |
| 2021-12-31 | CN¥3.22 | CN¥7.13 | x |
| 2022-12-31 | CN¥2.08 | CN¥7.13 | x |
| 2023-12-31 | CN¥2.75 | CN¥7.13 | x |
| 2024-12-31 | CN¥2.13 | CN¥7.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Kingking Applied Chemistry 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): 2.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.96%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.12x
- Recent ROE (2.39%) is below the historical average (5.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 32.62% | 9.69% | 1.29x | 2.62x | CN¥18.60 Million |
| 2004 | 31.07% | 9.28% | 1.51x | 2.21x | CN¥24.80 Million |
| 2005 | 19.73% | 7.43% | 1.01x | 2.63x | CN¥14.18 Million |
| 2006 | 8.02% | 7.54% | 0.63x | 1.68x | CN¥-8.36 Million |
| 2007 | 7.69% | 6.41% | 0.62x | 1.94x | CN¥-10.55 Million |
| 2008 | 4.30% | 3.65% | 0.68x | 1.72x | CN¥-26.22 Million |
| 2009 | 3.02% | 2.47% | 0.60x | 2.04x | CN¥-30.33 Million |
| 2010 | 8.14% | 4.70% | 0.91x | 1.90x | CN¥-8.57 Million |
| 2011 | 10.04% | 4.60% | 1.09x | 2.00x | CN¥213.11K |
| 2012 | 9.51% | 3.67% | 1.27x | 2.03x | CN¥-2.70 Million |
| 2013 | 9.01% | 3.73% | 1.31x | 1.84x | CN¥-5.93 Million |
| 2014 | 7.78% | 4.01% | 1.00x | 1.95x | CN¥-14.00 Million |
| 2015 | 11.89% | 6.13% | 0.77x | 2.52x | CN¥14.38 Million |
| 2016 | 10.54% | 7.82% | 0.82x | 1.64x | CN¥9.46 Million |
| 2017 | 16.08% | 8.62% | 1.00x | 1.86x | CN¥152.34 Million |
| 2018 | 3.59% | 1.91% | 0.92x | 2.03x | CN¥-186.42 Million |
| 2019 | 1.67% | 0.89% | 0.99x | 1.91x | CN¥-241.50 Million |
| 2020 | -23.14% | -14.26% | 0.83x | 1.95x | CN¥-817.10 Million |
| 2021 | -0.79% | -0.56% | 0.69x | 2.05x | CN¥-239.97 Million |
| 2022 | -61.05% | -29.66% | 0.91x | 2.26x | CN¥-1.02 Billion |
| 2023 | 0.73% | 0.42% | 0.80x | 2.20x | CN¥-132.80 Million |
| 2024 | 2.39% | 1.96% | 0.57x | 2.12x | CN¥-111.86 Million |
Industry Comparison
This section compares Qingdao Kingking Applied Chemistry Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,056,532,985
- Average return on equity (ROE) among peers: 10.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | CN¥1.56 Billion | 32.62% | 1.05x | $502.87 Million |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $104.40 Million | 15.81% | 1.73x | $544.84 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $1.73 Billion | 6.61% | 0.14x | $227.82 Million |
| Hunan Resun Co Ltd (001218) | $905.44 Million | 24.55% | 0.67x | $278.75 Million |
| Dencare (Chongqing) Oral Care Co. Ltd. A (001328) | $542.28 Million | 24.82% | 0.88x | $209.36 Million |
| C&S Paper Co Ltd (002511) | $2.28 Billion | 5.08% | 0.97x | $746.47 Million |
| Anhui Deli Household Glass Co Ltd (002571) | $1.41 Billion | -9.08% | 0.25x | $335.13 Million |
| Mingchen Health Co Ltd Class A (002919) | $739.25 Million | 3.43% | 0.68x | $467.92 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $359.21 Million | 16.81% | 0.32x | $504.23 Million |
| Chengdu Rainbow Appliance Gr (003023) | $1.44 Billion | 6.57% | 0.37x | $163.63 Million |