Kuangda Technology Group Co Ltd
Kuangda Technology Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of interior fabrics and power sectors in China and internationally. The company operates through Automotive Supplies and Power Business segments. It also offers woven, warp knitted fabrics, weft knitted, and chemical fiber related products. In addition, the company provi… Read more
Kuangda Technology Group Co Ltd (002516) - Net Assets
Latest net assets as of September 2025: CN¥3.73 Billion CNY
Based on the latest financial reports, Kuangda Technology Group Co Ltd (002516) has net assets worth CN¥3.73 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¥4.56 Billion) and total liabilities (CN¥831.11 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¥3.73 Billion |
| % of Total Assets | 81.78% |
| Annual Growth Rate | 15.53% |
| 5-Year Change | 9.06% |
| 10-Year Change | 67.93% |
| Growth Volatility | 60.68 |
Kuangda Technology Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Kuangda Technology Group 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 Kuangda Technology Group Co Ltd (2007–2024)
The table below shows the annual net assets of Kuangda Technology Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.67 Billion | +0.81% |
| 2023-12-31 | CN¥3.64 Billion | -2.76% |
| 2022-12-31 | CN¥3.75 Billion | +8.51% |
| 2021-12-31 | CN¥3.45 Billion | +2.53% |
| 2020-12-31 | CN¥3.37 Billion | -6.64% |
| 2019-12-31 | CN¥3.61 Billion | -5.67% |
| 2018-12-31 | CN¥3.82 Billion | -6.93% |
| 2017-12-31 | CN¥4.11 Billion | +11.40% |
| 2016-12-31 | CN¥3.69 Billion | +68.63% |
| 2015-12-31 | CN¥2.19 Billion | +14.75% |
| 2014-12-31 | CN¥1.91 Billion | +6.46% |
| 2013-12-31 | CN¥1.79 Billion | +7.62% |
| 2012-12-31 | CN¥1.66 Billion | +5.20% |
| 2011-12-31 | CN¥1.58 Billion | +7.43% |
| 2010-12-31 | CN¥1.47 Billion | +256.87% |
| 2009-12-31 | CN¥412.55 Million | +18.01% |
| 2008-12-31 | CN¥349.59 Million | +10.74% |
| 2007-12-31 | CN¥315.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kuangda Technology Group 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 1673.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥789.82 Million | 21.51% |
| Common Stock | CN¥1.47 Billion | 40.05% |
| Other Comprehensive Income | CN¥-11.10 Million | -0.30% |
| Other Components | CN¥1.42 Billion | 38.74% |
| Total Equity | CN¥3.67 Billion | 100.00% |
Kuangda Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of Kuangda Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Nebula Electronics Co Ltd
SHE:300648
|
$885.67 Million |
|
Nolato AB (publ)
PINK:NLTBF
|
$885.71 Million |
|
Beijing Gehua CATV Network Co Ltd
SHG:600037
|
$885.73 Million |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
$885.75 Million |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
$885.40 Million |
|
Daejoo Electronic Materials Co. Ltd
KQ:078600
|
$885.38 Million |
|
Shenzhen Laibao High-Technology Co Ltd
SHE:002106
|
$884.98 Million |
|
Cementir Holding
LSE:0HY2
|
$884.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuangda Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,639,756,000 to 3,672,353,000, a change of 32,597,000 (0.9%).
- Net income of 163,488,167 contributed positively to equity growth.
- Dividend payments of 144,606,000 reduced retained earnings.
- Other comprehensive income decreased equity by 470,393,127.
- Other factors increased equity by 484,107,960.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥163.49 Million | +4.45% |
| Dividends Paid | CN¥144.61 Million | -3.94% |
| Other Comprehensive Income | CN¥-470.39 Million | -12.81% |
| Other Changes | CN¥484.11 Million | +13.18% |
| Total Change | CN¥- | 0.90% |
Book Value vs Market Value Analysis
This analysis compares Kuangda Technology Group 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: 2.46x
- 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 19.48x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.31 | CN¥6.10 | x |
| 2008-12-31 | CN¥0.36 | CN¥6.10 | x |
| 2009-12-31 | CN¥0.42 | CN¥6.10 | x |
| 2010-12-31 | CN¥1.52 | CN¥6.10 | x |
| 2011-12-31 | CN¥1.27 | CN¥6.10 | x |
| 2012-12-31 | CN¥1.33 | CN¥6.10 | x |
| 2013-12-31 | CN¥1.41 | CN¥6.10 | x |
| 2014-12-31 | CN¥1.51 | CN¥6.10 | x |
| 2015-12-31 | CN¥1.69 | CN¥6.10 | x |
| 2016-12-31 | CN¥2.75 | CN¥6.10 | x |
| 2017-12-31 | CN¥2.68 | CN¥6.10 | x |
| 2018-12-31 | CN¥2.52 | CN¥6.10 | x |
| 2019-12-31 | CN¥2.40 | CN¥6.10 | x |
| 2020-12-31 | CN¥2.32 | CN¥6.10 | x |
| 2021-12-31 | CN¥2.35 | CN¥6.10 | x |
| 2022-12-31 | CN¥2.57 | CN¥6.10 | x |
| 2023-12-31 | CN¥2.47 | CN¥6.10 | x |
| 2024-12-31 | CN¥2.48 | CN¥6.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuangda Technology Group 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): 4.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.79%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.24x
- Recent ROE (4.45%) is below the historical average (9.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 27.59% | 19.09% | 0.53x | 2.71x | CN¥51.48 Million |
| 2008 | 11.42% | 8.38% | 0.58x | 2.35x | CN¥4.79 Million |
| 2009 | 18.17% | 12.29% | 0.62x | 2.38x | CN¥32.42 Million |
| 2010 | 7.75% | 14.55% | 0.47x | 1.14x | CN¥-33.04 Million |
| 2011 | 7.73% | 11.90% | 0.56x | 1.17x | CN¥-35.65 Million |
| 2012 | 7.82% | 10.96% | 0.61x | 1.17x | CN¥-36.08 Million |
| 2013 | 8.08% | 10.01% | 0.50x | 1.61x | CN¥-33.92 Million |
| 2014 | 8.94% | 9.66% | 0.51x | 1.83x | CN¥-19.91 Million |
| 2015 | 11.82% | 13.51% | 0.28x | 3.08x | CN¥38.61 Million |
| 2016 | 8.29% | 15.39% | 0.28x | 1.92x | CN¥-62.07 Million |
| 2017 | 9.48% | 19.36% | 0.40x | 1.21x | CN¥-21.29 Million |
| 2018 | 6.12% | 13.13% | 0.41x | 1.14x | CN¥-147.12 Million |
| 2019 | 4.67% | 10.61% | 0.38x | 1.16x | CN¥-190.48 Million |
| 2020 | 6.14% | 14.08% | 0.38x | 1.16x | CN¥-131.99 Million |
| 2021 | 5.53% | 10.99% | 0.42x | 1.19x | CN¥-153.06 Million |
| 2022 | 5.37% | 11.19% | 0.40x | 1.18x | CN¥-172.50 Million |
| 2023 | 5.25% | 10.60% | 0.41x | 1.21x | CN¥-172.77 Million |
| 2024 | 4.45% | 7.79% | 0.46x | 1.24x | CN¥-203.75 Million |
Industry Comparison
This section compares Kuangda Technology Group Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,751,605,266
- Average return on equity (ROE) among peers: 3.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuangda Technology Group Co Ltd (002516) | CN¥3.73 Billion | 27.59% | 0.22x | $885.43 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Million | 0.00% | 0.00x | $362.53 Million |
| Wanxiang Qianchao Co Ltd (000559) | $5.46 Billion | 13.23% | 1.21x | $2.57 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.49 Billion | -7.43% | 2.21x | $811.92 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.56 Billion | 1.77% | 2.12x | $455.37 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $-104.62 Million | 0.00% | 0.00x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $351.71 Million | 3.10% | 0.97x | $643.46 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.38 Billion | 4.32% | 2.30x | $956.75 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $546.55 Million | 2.75% | 0.63x | $234.35 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $13.03 Billion | 9.60% | 0.85x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $805.42 Million | 8.72% | 0.32x | $1.67 Billion |