Beijing Kingee Culture Development Co Ltd
Beijing Kingee Culture Development Co., Ltd., together with its subsidiaries, engages in the research, design, development, and sale of gold jewelry under the Jinyi, Yuewang Jewelry, and Yue Wang Ancient Gold brands in China. The company also distributes gold and silver products, watches, stamps, coins, and souvenirs. In addition, it is involved in jewelry retail; organization of cultural and art… Read more
Beijing Kingee Culture Development Co Ltd (002721) - Net Assets
Latest net assets as of September 2025: CN¥2.36 Billion CNY
Based on the latest financial reports, Beijing Kingee Culture Development Co Ltd (002721) has net assets worth CN¥2.36 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¥2.60 Billion) and total liabilities (CN¥237.14 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¥2.36 Billion |
| % of Total Assets | 90.88% |
| Annual Growth Rate | 20.04% |
| 5-Year Change | -10.67% |
| 10-Year Change | -11.9% |
| Growth Volatility | 146.16 |
Beijing Kingee Culture Development Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Beijing Kingee Culture Development 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 Beijing Kingee Culture Development Co Ltd (2009–2024)
The table below shows the annual net assets of Beijing Kingee Culture Development Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.09 Billion | +1.79% |
| 2023-12-31 | CN¥2.05 Billion | +159.79% |
| 2022-12-31 | CN¥-3.43 Billion | -478.53% |
| 2021-12-31 | CN¥906.90 Million | -61.23% |
| 2020-12-31 | CN¥2.34 Billion | -49.84% |
| 2019-12-31 | CN¥4.66 Billion | -5.19% |
| 2018-12-31 | CN¥4.92 Billion | -12.56% |
| 2017-12-31 | CN¥5.62 Billion | +88.32% |
| 2016-12-31 | CN¥2.99 Billion | +25.93% |
| 2015-12-31 | CN¥2.37 Billion | +161.01% |
| 2014-12-31 | CN¥908.61 Million | +48.25% |
| 2013-12-31 | CN¥612.91 Million | +22.36% |
| 2012-12-31 | CN¥500.89 Million | +19.13% |
| 2011-12-31 | CN¥420.44 Million | +19.45% |
| 2010-12-31 | CN¥351.98 Million | +161.04% |
| 2009-12-31 | CN¥134.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Kingee Culture Development 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 decreased by 27911.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥2.67 Billion | 127.76% |
| Other Comprehensive Income | CN¥23.95 Million | 1.15% |
| Other Components | CN¥6.15 Billion | 294.25% |
| Total Equity | CN¥2.09 Billion | 100.00% |
Beijing Kingee Culture Development Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Kingee Culture Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
$616.08 Million |
|
The Monarch Cement Company
PINK:MCEM
|
$616.15 Million |
|
Yantai Eddie Precision Mach
SHG:603638
|
$616.16 Million |
|
Komax Holding AG
PINK:KMAAF
|
$616.21 Million |
|
Alignvest Acquisition II Corp
TO:SFC
|
$615.71 Million |
|
VESTJYSK BANK NAM. DK 1
F:24V
|
$615.63 Million |
|
Jiangsu Jiuding New Material Co Ltd
SHE:002201
|
$615.50 Million |
|
Gabriel India Limited
NSE:GABRIEL
|
$615.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Kingee Culture Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,052,693,073 to 2,089,442,642, a change of 36,749,569 (1.8%).
- Net income of 14,539,688 contributed positively to equity growth.
- Other comprehensive income increased equity by 23,946,954.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥14.54 Million | +0.7% |
| Other Comprehensive Income | CN¥23.95 Million | +1.15% |
| Other Changes | CN¥-1.74 Million | -0.08% |
| Total Change | CN¥- | 1.79% |
Book Value vs Market Value Analysis
This analysis compares Beijing Kingee Culture Development 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: 3.92x
- 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 10.80x to 3.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.29 | CN¥3.10 | x |
| 2010-12-31 | CN¥0.83 | CN¥3.10 | x |
| 2011-12-31 | CN¥0.99 | CN¥3.10 | x |
| 2012-12-31 | CN¥1.17 | CN¥3.10 | x |
| 2013-12-31 | CN¥1.42 | CN¥3.10 | x |
| 2014-12-31 | CN¥1.81 | CN¥3.10 | x |
| 2015-12-31 | CN¥3.24 | CN¥3.10 | x |
| 2016-12-31 | CN¥3.42 | CN¥3.10 | x |
| 2017-12-31 | CN¥6.94 | CN¥3.10 | x |
| 2018-12-31 | CN¥5.90 | CN¥3.10 | x |
| 2019-12-31 | CN¥5.21 | CN¥3.10 | x |
| 2020-12-31 | CN¥2.85 | CN¥3.10 | x |
| 2021-12-31 | CN¥0.52 | CN¥3.10 | x |
| 2022-12-31 | CN¥-3.32 | CN¥3.10 | x |
| 2023-12-31 | CN¥1.88 | CN¥3.10 | x |
| 2024-12-31 | CN¥0.79 | CN¥3.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Kingee Culture Development 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): 0.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.90%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.05x
- Recent ROE (0.70%) is above the historical average (-14.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 13.94% | 1.79% | 2.61x | 2.98x | CN¥4.92 Million |
| 2010 | 12.91% | 2.04% | 2.70x | 2.35x | CN¥10.26 Million |
| 2011 | 16.87% | 2.78% | 2.47x | 2.46x | CN¥28.90 Million |
| 2012 | 15.62% | 2.66% | 1.76x | 3.33x | CN¥28.11 Million |
| 2013 | 17.17% | 3.17% | 1.62x | 3.34x | CN¥43.34 Million |
| 2014 | 7.74% | 1.15% | 1.97x | 3.43x | CN¥-20.13 Million |
| 2015 | 7.41% | 2.00% | 1.04x | 3.56x | CN¥-53.48 Million |
| 2016 | 7.88% | 1.62% | 1.00x | 4.90x | CN¥-46.70 Million |
| 2017 | 3.89% | 1.19% | 0.89x | 3.68x | CN¥-286.31 Million |
| 2018 | -1.19% | -0.37% | 1.07x | 3.05x | CN¥-514.59 Million |
| 2019 | 1.34% | 0.57% | 0.85x | 2.75x | CN¥-399.30 Million |
| 2020 | -104.77% | -65.70% | 0.38x | 4.22x | CN¥-2.80 Billion |
| 2021 | -266.69% | -44.60% | 0.33x | 18.35x | CN¥-1.37 Billion |
| 2022 | 0.00% | -200.70% | 0.38x | 0.00x | CN¥-3.34 Billion |
| 2023 | 32.41% | 44.17% | 0.69x | 1.07x | CN¥459.96 Million |
| 2024 | 0.70% | 3.90% | 0.17x | 1.05x | CN¥-194.40 Million |
Industry Comparison
This section compares Beijing Kingee Culture Development Co Ltd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $1,638,187,508
- Average return on equity (ROE) among peers: 11.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Kingee Culture Development Co Ltd (002721) | CN¥2.36 Billion | 13.94% | 0.10x | $615.93 Million |
| Innovative Medical Management Co Ltd (002173) | $134.18 Million | 19.54% | 1.80x | $1.16 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.57 Billion | 9.94% | 0.70x | $752.53 Million |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.13 Billion | 0.58% | 1.25x | $194.85 Million |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $1.23 Billion | 2.34% | 1.89x | $148.12 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $1.15 Billion | 21.28% | 0.65x | $625.45 Million |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.90 Billion | 7.20% | 0.37x | $117.48 Million |
| Fiyta Holdings Ltd (200026) | $3.14 Billion | 8.50% | 0.31x | $210.32 Million |
| MCLON JEWELLERY Co.Ltd. (300945) | $538.90 Million | 11.81% | 0.15x | $303.73 Million |
| Henan Liliang Diamond Co. Ltd. (301071) | $958.32 Million | 25.00% | 0.49x | $761.89 Million |