Hunan Kaimeite Gases Co Ltd
Hunan Kaimeite Gases Co., Ltd. produces and sells industrial gases in China. The company engages in the research, development, production, and sale of dry ice, food additive, liquid carbon dioxide, methane, oxygen, nitrogen, hydrogen, argon, helium, neon, krypton, xenon, and other industrial gases. It is also involved in the production, filling, sales, and transportation of medical gases. The com… Read more
Hunan Kaimeite Gases Co Ltd (002549) - Net Assets
Latest net assets as of September 2025: CN¥2.07 Billion CNY
Based on the latest financial reports, Hunan Kaimeite Gases Co Ltd (002549) has net assets worth CN¥2.07 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¥2.88 Billion) and total liabilities (CN¥811.31 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¥2.07 Billion |
| % of Total Assets | 71.83% |
| Annual Growth Rate | 25.17% |
| 5-Year Change | 103.37% |
| 10-Year Change | 128.17% |
| Growth Volatility | 55.01 |
Hunan Kaimeite Gases Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Hunan Kaimeite Gases 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 Hunan Kaimeite Gases Co Ltd (2006–2024)
The table below shows the annual net assets of Hunan Kaimeite Gases Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.99 Billion | +1.89% |
| 2023-12-31 | CN¥1.96 Billion | +58.07% |
| 2022-12-31 | CN¥1.24 Billion | +13.67% |
| 2021-12-31 | CN¥1.09 Billion | +11.08% |
| 2020-12-31 | CN¥980.06 Million | -1.88% |
| 2019-12-31 | CN¥998.88 Million | +3.27% |
| 2018-12-31 | CN¥967.28 Million | +7.77% |
| 2017-12-31 | CN¥897.52 Million | -0.22% |
| 2016-12-31 | CN¥899.53 Million | +2.98% |
| 2015-12-31 | CN¥873.53 Million | +3.89% |
| 2014-12-31 | CN¥840.81 Million | +5.67% |
| 2013-12-31 | CN¥795.70 Million | +5.61% |
| 2012-12-31 | CN¥753.41 Million | +3.68% |
| 2011-12-31 | CN¥726.64 Million | +203.55% |
| 2010-12-31 | CN¥239.38 Million | +20.93% |
| 2009-12-31 | CN¥197.95 Million | +59.41% |
| 2008-12-31 | CN¥124.18 Million | +40.84% |
| 2007-12-31 | CN¥88.17 Million | +151.70% |
| 2006-12-31 | CN¥35.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hunan Kaimeite Gases 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 2520.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥398.96 Million | 20.03% |
| Common Stock | CN¥695.35 Million | 34.91% |
| Other Comprehensive Income | CN¥242.91 Million | 12.20% |
| Other Components | CN¥654.63 Million | 32.87% |
| Total Equity | CN¥1.99 Billion | 100.00% |
Hunan Kaimeite Gases Co Ltd Competitors by Market Cap
The table below lists competitors of Hunan Kaimeite Gases Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
$1.06 Billion |
|
Caihong Display Devices Co Ltd
SHG:600707
|
$1.06 Billion |
|
Fielmann Aktiengesellschaft
PINK:FLMNF
|
$1.06 Billion |
|
Nexus AG
F:NXU
|
$1.06 Billion |
|
TriNet Group Inc
NYSE:TNET
|
$1.06 Billion |
|
Yancoal Australia Ltd
PINK:YACAF
|
$1.06 Billion |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
|
$1.06 Billion |
|
Faes Farma SA
MC:FAE
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Kaimeite Gases Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,953,437,671 to 1,991,846,021, a change of 38,408,350 (2.0%).
- Net loss of 48,566,569 reduced equity.
- Dividend payments of 21,462,230 reduced retained earnings.
- Other comprehensive income increased equity by 242,906,158.
- Other factors decreased equity by 134,469,009.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-48.57 Million | -2.44% |
| Dividends Paid | CN¥21.46 Million | -1.08% |
| Other Comprehensive Income | CN¥242.91 Million | +12.2% |
| Other Changes | CN¥-134.47 Million | -6.75% |
| Total Change | CN¥- | 1.97% |
Book Value vs Market Value Analysis
This analysis compares Hunan Kaimeite Gases 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: 6.31x
- 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 50.78x to 6.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.36 | CN¥18.05 | x |
| 2007-12-31 | CN¥0.30 | CN¥18.05 | x |
| 2008-12-31 | CN¥0.21 | CN¥18.05 | x |
| 2009-12-31 | CN¥0.30 | CN¥18.05 | x |
| 2010-12-31 | CN¥0.39 | CN¥18.05 | x |
| 2011-12-31 | CN¥1.26 | CN¥18.05 | x |
| 2012-12-31 | CN¥1.20 | CN¥18.05 | x |
| 2013-12-31 | CN¥1.32 | CN¥18.05 | x |
| 2014-12-31 | CN¥1.43 | CN¥18.05 | x |
| 2015-12-31 | CN¥1.20 | CN¥18.05 | x |
| 2016-12-31 | CN¥1.41 | CN¥18.05 | x |
| 2017-12-31 | CN¥1.40 | CN¥18.05 | x |
| 2018-12-31 | CN¥1.51 | CN¥18.05 | x |
| 2019-12-31 | CN¥1.55 | CN¥18.05 | x |
| 2020-12-31 | CN¥1.57 | CN¥18.05 | x |
| 2021-12-31 | CN¥1.74 | CN¥18.05 | x |
| 2022-12-31 | CN¥1.98 | CN¥18.05 | x |
| 2023-12-31 | CN¥2.99 | CN¥18.05 | x |
| 2024-12-31 | CN¥2.86 | CN¥18.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Kaimeite Gases 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): -2.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.26%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.44x
- Recent ROE (-2.44%) is below the historical average (11.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 45.08% | 28.66% | 0.92x | 1.71x | CN¥10.36 Million |
| 2007 | 33.66% | 38.29% | 0.57x | 1.54x | CN¥18.85 Million |
| 2008 | 20.95% | 25.50% | 0.43x | 1.91x | CN¥11.04 Million |
| 2009 | 24.75% | 30.66% | 0.34x | 2.36x | CN¥20.33 Million |
| 2010 | 23.38% | 34.85% | 0.34x | 1.97x | CN¥24.07 Million |
| 2011 | 10.28% | 56.25% | 0.17x | 1.05x | CN¥2.04 Million |
| 2012 | 5.41% | 31.67% | 0.15x | 1.17x | CN¥-34.56 Million |
| 2013 | 7.39% | 25.31% | 0.22x | 1.36x | CN¥-20.75 Million |
| 2014 | 3.80% | 12.01% | 0.22x | 1.45x | CN¥-51.23 Million |
| 2015 | -5.30% | -29.98% | 0.13x | 1.39x | CN¥-131.48 Million |
| 2016 | 2.40% | 7.81% | 0.23x | 1.32x | CN¥-66.87 Million |
| 2017 | 5.93% | 12.12% | 0.36x | 1.38x | CN¥-35.65 Million |
| 2018 | 9.98% | 18.60% | 0.36x | 1.50x | CN¥-204.93K |
| 2019 | 9.21% | 17.34% | 0.32x | 1.67x | CN¥-7.69 Million |
| 2020 | 7.38% | 13.91% | 0.32x | 1.66x | CN¥-25.66 Million |
| 2021 | 12.77% | 20.80% | 0.40x | 1.54x | CN¥30.08 Million |
| 2022 | 13.42% | 19.43% | 0.38x | 1.81x | CN¥42.15 Million |
| 2023 | -1.31% | -4.48% | 0.20x | 1.48x | CN¥-220.95 Million |
| 2024 | -2.44% | -8.26% | 0.21x | 1.44x | CN¥-247.75 Million |
Industry Comparison
This section compares Hunan Kaimeite Gases Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $5,113,169,923
- Average return on equity (ROE) among peers: 134.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Kaimeite Gases Co Ltd (002549) | CN¥2.07 Billion | 45.08% | 0.39x | $1.06 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $6.02 Billion | 6.39% | 1.78x | $667.34 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $37.47 Billion | -6.13% | 4.45x | $2.93 Billion |
| Zangge Holding Co Ltd (000408) | $77.02 Million | 1290.57% | 5.02x | $11.50 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $610.23 Million | -19.65% | 0.75x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $406.72 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $222.39 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $31.53 Million | 19.31% | 2.12x | $292.93 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $527.87 Million | 11.23% | 0.11x | $184.51 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.87 Billion | 4.85% | 1.49x | $239.27 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $2.15 Billion | 0.42% | 2.92x | $403.51 Million |