Xiamen Kingdomway Group Co
Xiamen Kingdomway Group Company engages in the manufacturing and sale of the nutrition and health products in China and internationally. The company also provides dietary supplements, functional foods, and sports nutritions. It offers its products under the Doctor's Best, Zipfizz, Kingdaway, Labrada, Prosupps, Wu Kun, Viactiv, LeanBody, and Jinlexin brands. It sells its products through online pl… Read more
Xiamen Kingdomway Group Co (002626) - Net Assets
Latest net assets as of September 2025: CN¥4.58 Billion CNY
Based on the latest financial reports, Xiamen Kingdomway Group Co (002626) has net assets worth CN¥4.58 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¥8.38 Billion) and total liabilities (CN¥3.80 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¥4.58 Billion |
| % of Total Assets | 54.69% |
| Annual Growth Rate | 21.17% |
| 5-Year Change | 23.65% |
| 10-Year Change | 180.24% |
| Growth Volatility | 54.6 |
Xiamen Kingdomway Group Co - Net Assets Trend (2008–2024)
This chart illustrates how Xiamen Kingdomway Group Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Xiamen Kingdomway Group Co (2008–2024)
The table below shows the annual net assets of Xiamen Kingdomway Group Co from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.32 Billion | +9.70% |
| 2023-12-31 | CN¥3.94 Billion | +7.56% |
| 2022-12-31 | CN¥3.66 Billion | -9.12% |
| 2021-12-31 | CN¥4.03 Billion | +15.31% |
| 2020-12-31 | CN¥3.49 Billion | +18.19% |
| 2019-12-31 | CN¥2.95 Billion | -2.18% |
| 2018-12-31 | CN¥3.02 Billion | +21.27% |
| 2017-12-31 | CN¥2.49 Billion | +14.27% |
| 2016-12-31 | CN¥2.18 Billion | +41.47% |
| 2015-12-31 | CN¥1.54 Billion | +8.42% |
| 2014-12-31 | CN¥1.42 Billion | +7.91% |
| 2013-12-31 | CN¥1.32 Billion | +3.77% |
| 2012-12-31 | CN¥1.27 Billion | +3.90% |
| 2011-12-31 | CN¥1.22 Billion | +231.31% |
| 2010-12-31 | CN¥368.67 Million | +53.27% |
| 2009-12-31 | CN¥240.54 Million | +20.22% |
| 2008-12-31 | CN¥200.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen Kingdomway Group Co'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 2638.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.36 Billion | 55.04% |
| Common Stock | CN¥609.93 Million | 14.25% |
| Other Comprehensive Income | CN¥523.03 Million | 12.22% |
| Other Components | CN¥791.56 Million | 18.49% |
| Total Equity | CN¥4.28 Billion | 100.00% |
Xiamen Kingdomway Group Co Competitors by Market Cap
The table below lists competitors of Xiamen Kingdomway Group Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Senior plc
PINK:SNIRF
|
$670.33 Million |
|
RENEWI LS 1
F:1K5A
|
$670.42 Million |
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
$670.55 Million |
|
GUD Holdings Limited
PINK:GUDHF
|
$670.59 Million |
|
LINEA DIRECTA A. EO-04
F:8I2
|
$670.18 Million |
|
Nsfocus Information Technology Co Ltd
SHE:300369
|
$670.14 Million |
|
Jiangsu Olive Sensors High-Tech Co Ltd
SHE:300507
|
$670.06 Million |
|
Ventyx Biosciences Inc
NASDAQ:VTYX
|
$669.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Kingdomway Group Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,925,267,886 to 4,280,636,738, a change of 355,368,852 (9.1%).
- Net income of 341,986,887 contributed positively to equity growth.
- Dividend payments of 145,738,547 reduced retained earnings.
- Other comprehensive income increased equity by 135,368,927.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥341.99 Million | +7.99% |
| Dividends Paid | CN¥145.74 Million | -3.4% |
| Other Comprehensive Income | CN¥135.37 Million | +3.16% |
| Other Changes | CN¥23.75 Million | +0.55% |
| Total Change | CN¥- | 9.05% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Kingdomway Group Co'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: 2.75x
- 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 42.23x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.46 | CN¥19.33 | x |
| 2009-12-31 | CN¥0.55 | CN¥19.33 | x |
| 2010-12-31 | CN¥0.86 | CN¥19.33 | x |
| 2011-12-31 | CN¥2.69 | CN¥19.33 | x |
| 2012-12-31 | CN¥2.18 | CN¥19.33 | x |
| 2013-12-31 | CN¥2.26 | CN¥19.33 | x |
| 2014-12-31 | CN¥2.48 | CN¥19.33 | x |
| 2015-12-31 | CN¥2.59 | CN¥19.33 | x |
| 2016-12-31 | CN¥3.68 | CN¥19.33 | x |
| 2017-12-31 | CN¥4.03 | CN¥19.33 | x |
| 2018-12-31 | CN¥4.88 | CN¥19.33 | x |
| 2019-12-31 | CN¥4.77 | CN¥19.33 | x |
| 2020-12-31 | CN¥5.62 | CN¥19.33 | x |
| 2021-12-31 | CN¥6.51 | CN¥19.33 | x |
| 2022-12-31 | CN¥5.98 | CN¥19.33 | x |
| 2023-12-31 | CN¥6.38 | CN¥19.33 | x |
| 2024-12-31 | CN¥7.02 | CN¥19.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Kingdomway Group Co 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): 7.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.55%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.49x
- Recent ROE (7.99%) is below the historical average (15.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 16.39% | 9.26% | 0.76x | 2.32x | CN¥12.44 Million |
| 2009 | 22.12% | 14.26% | 0.76x | 2.03x | CN¥28.74 Million |
| 2010 | 38.39% | 26.39% | 1.01x | 1.43x | CN¥104.66 Million |
| 2011 | 10.82% | 22.86% | 0.40x | 1.18x | CN¥9.98 Million |
| 2012 | 8.01% | 15.04% | 0.50x | 1.06x | CN¥-25.22 Million |
| 2013 | 7.75% | 15.24% | 0.48x | 1.07x | CN¥-29.60 Million |
| 2014 | 13.68% | 23.21% | 0.53x | 1.10x | CN¥52.35 Million |
| 2015 | 7.72% | 9.35% | 0.43x | 1.90x | CN¥-33.31 Million |
| 2016 | 13.85% | 18.03% | 0.54x | 1.43x | CN¥83.27 Million |
| 2017 | 19.08% | 22.74% | 0.63x | 1.34x | CN¥225.65 Million |
| 2018 | 22.77% | 23.92% | 0.63x | 1.52x | CN¥385.40 Million |
| 2019 | 15.50% | 14.12% | 0.68x | 1.62x | CN¥159.96 Million |
| 2020 | 27.98% | 27.37% | 0.68x | 1.50x | CN¥616.37 Million |
| 2021 | 19.87% | 21.81% | 0.62x | 1.47x | CN¥391.80 Million |
| 2022 | 7.06% | 8.55% | 0.56x | 1.47x | CN¥-107.34 Million |
| 2023 | 7.05% | 8.92% | 0.58x | 1.36x | CN¥-115.82 Million |
| 2024 | 7.99% | 10.55% | 0.51x | 1.49x | CN¥-86.08 Million |
Industry Comparison
This section compares Xiamen Kingdomway Group Co's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,496,572,190
- Average return on equity (ROE) among peers: -3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Kingdomway Group Co (002626) | CN¥4.58 Billion | 16.39% | 0.83x | $670.28 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $65.61 Million | -62.17% | 1.91x | $345.26 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $199.49 Million | -32.62% | 2.81x | $346.21 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $727.64 Million | 8.49% | 0.27x | $430.25 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $16.36 Billion | 24.69% | 0.34x | $3.98 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $760.28 Million | -33.42% | 2.17x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $332.95 Million | 17.62% | 0.88x | $266.09 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.35 Billion | 9.31% | 0.15x | $160.97 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.07 Billion | 7.87% | 0.47x | $169.20 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $393.72 Million | 8.08% | 0.70x | $460.31 Million |
| Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) | $2.70 Billion | 14.52% | 0.66x | $903.18 Million |