Hunan Kaimeite Gases Co Ltd (002549) - Net Assets
Based on the latest financial reports, Hunan Kaimeite Gases Co Ltd (002549) has net assets worth CN¥2.05 Billion CNY (≈ $300.56 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.85 Billion ≈ $417.22 Million USD) and total liabilities (CN¥797.26 Million ≈ $116.66 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 Hunan Kaimeite Gases Co Ltd (002549) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.05 Billion |
| % of Total Assets | 72.04% |
| Annual Growth Rate | 23.92% |
| 5-Year Change | 89.45% |
| 10-Year Change | 129.29% |
| Growth Volatility | 53.95 |
Hunan Kaimeite Gases Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Hunan Kaimeite Gases Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hunan Kaimeite Gases Co Ltd (002549) total market value.
Annual Net Assets for Hunan Kaimeite Gases Co Ltd (2006–2025)
The table below shows the annual net assets of Hunan Kaimeite Gases Co Ltd from 2006 to 2025. Also explore 002549 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.06 Billion ≈ $301.82 Million |
+3.48% |
| 2024-12-31 | CN¥1.99 Billion ≈ $291.66 Million |
+1.89% |
| 2023-12-31 | CN¥1.96 Billion ≈ $286.25 Million |
+58.07% |
| 2022-12-31 | CN¥1.24 Billion ≈ $181.09 Million |
+13.67% |
| 2021-12-31 | CN¥1.09 Billion ≈ $159.31 Million |
+11.08% |
| 2020-12-31 | CN¥980.06 Million ≈ $143.41 Million |
-1.88% |
| 2019-12-31 | CN¥998.88 Million ≈ $146.17 Million |
+3.27% |
| 2018-12-31 | CN¥967.28 Million ≈ $141.54 Million |
+7.77% |
| 2017-12-31 | CN¥897.52 Million ≈ $131.33 Million |
-0.22% |
| 2016-12-31 | CN¥899.53 Million ≈ $131.63 Million |
+2.98% |
| 2015-12-31 | CN¥873.53 Million ≈ $127.82 Million |
+3.89% |
| 2014-12-31 | CN¥840.81 Million ≈ $123.04 Million |
+5.67% |
| 2013-12-31 | CN¥795.70 Million ≈ $116.44 Million |
+5.61% |
| 2012-12-31 | CN¥753.41 Million ≈ $110.25 Million |
+3.68% |
| 2011-12-31 | CN¥726.64 Million ≈ $106.33 Million |
+203.55% |
| 2010-12-31 | CN¥239.38 Million ≈ $35.03 Million |
+20.93% |
| 2009-12-31 | CN¥197.95 Million ≈ $28.97 Million |
+59.41% |
| 2008-12-31 | CN¥124.18 Million ≈ $18.17 Million |
+40.84% |
| 2007-12-31 | CN¥88.17 Million ≈ $12.90 Million |
+151.70% |
| 2006-12-31 | CN¥35.03 Million ≈ $5.13 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 2932.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥461.72 Million | 22.39% |
| Other Components | CN¥1.60 Billion | 77.61% |
| Total Equity | CN¥2.06 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 |
|---|---|
|
Avalyn Pharma Inc. Common Stock
NASDAQ:AVLN
|
$1.40 Billion |
|
Home First Finance Company India Limited
NSE:HOMEFIRST
|
$1.40 Billion |
|
Dauch Corporation
NYSE:DCH
|
$1.40 Billion |
|
Xeris Pharmaceuticals Inc
NASDAQ:XERS
|
$1.40 Billion |
|
New Guomai Digital Culture Co Ltd
SHG:600640
|
$1.40 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
$1.40 Billion |
|
Castellana Properties Socimi
MC:YCPS
|
$1.40 Billion |
|
Hangzhou DPtech Technologies Co Ltd
SHE:300768
|
$1.40 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 2024 to 2025, total equity changed from 1,991,846,021 to 2,061,759,761, a change of 69,913,740 (3.5%).
- Net income of 68,555,664 contributed positively to equity growth.
- Dividend payments of 11,972,284 reduced retained earnings.
- Other comprehensive income decreased equity by 242,906,158.
- Other factors increased equity by 256,236,518.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥68.56 Million | +3.33% |
| Dividends Paid | CN¥11.97 Million | -0.58% |
| Other Comprehensive Income | CN¥-242.91 Million | -11.78% |
| Other Changes | CN¥256.24 Million | +12.43% |
| Total Change | CN¥- | 3.51% |
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: 4.63x
- 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 38.62x to 4.63x 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¥13.73 | x |
| 2007-12-31 | CN¥0.30 | CN¥13.73 | x |
| 2008-12-31 | CN¥0.21 | CN¥13.73 | x |
| 2009-12-31 | CN¥0.30 | CN¥13.73 | x |
| 2010-12-31 | CN¥0.39 | CN¥13.73 | x |
| 2011-12-31 | CN¥1.26 | CN¥13.73 | x |
| 2012-12-31 | CN¥1.20 | CN¥13.73 | x |
| 2013-12-31 | CN¥1.32 | CN¥13.73 | x |
| 2014-12-31 | CN¥1.43 | CN¥13.73 | x |
| 2015-12-31 | CN¥1.20 | CN¥13.73 | x |
| 2016-12-31 | CN¥1.41 | CN¥13.73 | x |
| 2017-12-31 | CN¥1.40 | CN¥13.73 | x |
| 2018-12-31 | CN¥1.51 | CN¥13.73 | x |
| 2019-12-31 | CN¥1.55 | CN¥13.73 | x |
| 2020-12-31 | CN¥1.57 | CN¥13.73 | x |
| 2021-12-31 | CN¥1.74 | CN¥13.73 | x |
| 2022-12-31 | CN¥1.98 | CN¥13.73 | x |
| 2023-12-31 | CN¥2.99 | CN¥13.73 | x |
| 2024-12-31 | CN¥2.86 | CN¥13.73 | x |
| 2025-12-31 | CN¥2.97 | CN¥13.73 | 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): 3.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.94%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.38x
- Recent ROE (3.33%) is below the historical average (11.50%), 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 |
| 2025 | 3.33% | 10.94% | 0.22x | 1.38x | CN¥-137.62 Million |
Industry Comparison
This section compares Hunan Kaimeite Gases Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,295,542,691
- Average return on equity (ROE) among peers: 6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Kaimeite Gases Co Ltd (002549) | CN¥2.05 Billion | 45.08% | 0.39x | $1.40 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $421.30 Million |
| Hengyi Petrochemical Co Ltd (000703) | $317.69 Million | 4.78% | 1.26x | $9.48 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $964.66 Million | 9.99% | 1.51x | $815.80 Million |
| Luxi Chemical Group Co Ltd (000830) | $8.64 Billion | 2.92% | 1.90x | $3.27 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.57 Billion | -2.17% | 0.02x | $8.29 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.91 Billion | 7.90% | 0.27x | $1.24 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.91 Billion | 1.35% | 3.00x | $1.40 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $96.46 Million | 22.88% | 0.50x | $798.90 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.50 Billion | 9.56% | 0.29x | $1.84 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $3.62 Billion | 4.90% | 2.05x | $477.95 Million |
About Hunan Kaimeite Gases Co Ltd
Hunan Kaimeite Gases Co., Ltd., together with its subsidiaries, produces and sells electronic specialty and mixed gases in China and internationally. The company offers high-purity carbon dioxide, hydrogen, liquefied petroleum gas, pentane, methane, oxygen, nitrogen, argon, helium, neon, krypton, and xenon under the KMT brand name. Its products are used in electronics, chemicals, beverages, food,… Read more