Hunan Kaimeite Gases Co Ltd (002549) - Net Assets

Latest as of September 2025: CN¥2.07 Billion CNY ≈ $302.74 Million USD

Based on the latest financial reports, Hunan Kaimeite Gases Co Ltd (002549) has net assets worth CN¥2.07 Billion CNY (≈ $302.74 Million USD) 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 ≈ $421.46 Million USD) and total liabilities (CN¥811.31 Million ≈ $118.72 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) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Hunan Kaimeite Gases Co Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Hunan Kaimeite Gases Co Ltd market cap and net worth.

Year Net Assets Change
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 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
Entra ASA
OL:ENTRA
 $2.02 Billion
Chongqing Sanfeng Environment Group Corp Ltd
SHG:601827
 $2.02 Billion
China Leadshine Technology Co Ltd
SHE:002979
 $2.02 Billion
China Railway Group Limited
F:CNO
 $2.02 Billion
Xinxiang Richful Lube Additive Co. Ltd
SHE:300910
 $2.02 Billion
Ningbo Menovo Pharm Co Ltd
SHG:603538
 $2.01 Billion
Spartan Resources Ltd
AU:SPR
 $2.01 Billion
Vanchip (Tianjin) Technology Co. Ltd. A
SHG:688153
 $2.01 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: 6.92x
  • 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 55.73x to 6.92x 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¥19.81 x
2007-12-31 CN¥0.30 CN¥19.81 x
2008-12-31 CN¥0.21 CN¥19.81 x
2009-12-31 CN¥0.30 CN¥19.81 x
2010-12-31 CN¥0.39 CN¥19.81 x
2011-12-31 CN¥1.26 CN¥19.81 x
2012-12-31 CN¥1.20 CN¥19.81 x
2013-12-31 CN¥1.32 CN¥19.81 x
2014-12-31 CN¥1.43 CN¥19.81 x
2015-12-31 CN¥1.20 CN¥19.81 x
2016-12-31 CN¥1.41 CN¥19.81 x
2017-12-31 CN¥1.40 CN¥19.81 x
2018-12-31 CN¥1.51 CN¥19.81 x
2019-12-31 CN¥1.55 CN¥19.81 x
2020-12-31 CN¥1.57 CN¥19.81 x
2021-12-31 CN¥1.74 CN¥19.81 x
2022-12-31 CN¥1.98 CN¥19.81 x
2023-12-31 CN¥2.99 CN¥19.81 x
2024-12-31 CN¥2.86 CN¥19.81 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: $2,526,275,526
  • Average return on equity (ROE) among peers: 14.16%

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 $2.02 Billion
North Huajin Chemical Industries Co Ltd (000059) $12.66 Billion 14.57% 1.45x $1.33 Billion
Sichuan Chemical Co Ltd (000155) $7.35 Billion 4.73% 1.50x $4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $246.65 Million 3.47% 1.71x $12.84 Billion
Zangge Holding Co Ltd (000408) $477.67 Million 1.53% 1.45x $20.51 Billion
Sichuan Jinlu Group Co Ltd (000510) $1.17 Billion 5.97% 1.33x $1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $313.50 Million 0.80% 0.55x $436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $871.02 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.67 Billion 1.91% 0.16x $470.62 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $220.98 Million 19.06% 0.40x $366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $93.73 Million 50.32% 1.49x $4.87 Billion

About Hunan Kaimeite Gases Co Ltd

SHE:002549 China Chemicals
Market Cap
$2.02 Billion
CN¥13.77 Billion CNY
Market Cap Rank
#6227 Global
#1364 in China
Share Price
CN¥19.81
Change (1 day)
-2.61%
52-Week Range
CN¥8.89 - CN¥28.52
All Time High
CN¥28.52
Categories
Companies in China Chemicals
About

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