Hubei Kailong Chemical Group Co Ltd

SHE:002783 China Specialty Chemicals
Market Cap
$658.80 Million
CN¥4.83 Billion CNY
Market Cap Rank
#10621 Global
#2384 in China
Share Price
CN¥9.68
Change (1 day)
-2.12%
52-Week Range
CN¥7.36 - CN¥11.04
All Time High
CN¥35.85
About

Hubei Kailong Chemical Group Co., Ltd. engages in the production and sale of explosive materials primarily in China. The company provides civil blasting equipment, nano calcium carbonate and stone products. It offers ammonium nitrate, synthetic ammonia and nitro compound fertilizers. It also engages in the production, transportation, and sales of paper-plastic packaging products, fine chemicals, … Read more

Hubei Kailong Chemical Group Co Ltd (002783) - Net Assets

Latest net assets as of September 2025: CN¥3.65 Billion CNY

Based on the latest financial reports, Hubei Kailong Chemical Group Co Ltd (002783) has net assets worth CN¥3.65 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¥8.20 Billion) and total liabilities (CN¥4.54 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¥3.65 Billion
% of Total Assets 44.56%
Annual Growth Rate 17.38%
5-Year Change 35.77%
10-Year Change 164.59%
Growth Volatility 19.44

Hubei Kailong Chemical Group Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Hubei Kailong Chemical Group 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 Hubei Kailong Chemical Group Co Ltd (2008–2024)

The table below shows the annual net assets of Hubei Kailong Chemical Group Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.58 Billion +43.05%
2023-12-31 CN¥2.50 Billion +10.97%
2022-12-31 CN¥2.26 Billion +8.38%
2021-12-31 CN¥2.08 Billion -21.08%
2020-12-31 CN¥2.64 Billion +18.44%
2019-12-31 CN¥2.23 Billion +14.79%
2018-12-31 CN¥1.94 Billion +17.01%
2017-12-31 CN¥1.66 Billion +6.32%
2016-12-31 CN¥1.56 Billion +15.21%
2015-12-31 CN¥1.35 Billion +76.31%
2014-12-31 CN¥767.51 Million +11.42%
2013-12-31 CN¥688.82 Million +15.52%
2012-12-31 CN¥596.27 Million +16.84%
2011-12-31 CN¥510.34 Million +19.88%
2010-12-31 CN¥425.72 Million +18.50%
2009-12-31 CN¥359.24 Million +30.26%
2008-12-31 CN¥275.79 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hubei Kailong Chemical Group 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 351.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥542.70 Million 21.43%
Common Stock CN¥499.80 Million 19.73%
Other Comprehensive Income CN¥200.05 Million 7.90%
Other Components CN¥1.29 Billion 50.94%
Total Equity CN¥2.53 Billion 100.00%

Hubei Kailong Chemical Group Co Ltd Competitors by Market Cap

The table below lists competitors of Hubei Kailong Chemical Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hubei Kailong Chemical Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,571,387,453 to 2,532,926,607, a change of 961,539,154 (61.2%).
  • Net income of 148,156,863 contributed positively to equity growth.
  • Dividend payments of 235,193,767 reduced retained earnings.
  • Other comprehensive income increased equity by 19,753,601.
  • Other factors increased equity by 1,028,822,457.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥148.16 Million +5.85%
Dividends Paid CN¥235.19 Million -9.29%
Other Comprehensive Income CN¥19.75 Million +0.78%
Other Changes CN¥1.03 Billion +40.62%
Total Change CN¥- 61.19%

Book Value vs Market Value Analysis

This analysis compares Hubei Kailong Chemical Group 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: 1.87x
  • 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 9.83x to 1.87x 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¥0.99 CN¥9.68 x
2009-12-31 CN¥1.31 CN¥9.68 x
2010-12-31 CN¥1.54 CN¥9.68 x
2011-12-31 CN¥1.84 CN¥9.68 x
2012-12-31 CN¥2.13 CN¥9.68 x
2013-12-31 CN¥2.47 CN¥9.68 x
2014-12-31 CN¥2.75 CN¥9.68 x
2015-12-31 CN¥5.08 CN¥9.68 x
2016-12-31 CN¥4.01 CN¥9.68 x
2017-12-31 CN¥4.12 CN¥9.68 x
2018-12-31 CN¥4.43 CN¥9.68 x
2019-12-31 CN¥4.80 CN¥9.68 x
2020-12-31 CN¥4.55 CN¥9.68 x
2021-12-31 CN¥3.37 CN¥9.68 x
2022-12-31 CN¥3.76 CN¥9.68 x
2023-12-31 CN¥4.03 CN¥9.68 x
2024-12-31 CN¥5.17 CN¥9.68 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hubei Kailong Chemical Group 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): 5.85%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.02%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 3.18x
  • Recent ROE (5.85%) is below the historical average (10.73%), 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 21.06% 13.28% 0.77x 2.05x CN¥27.40 Million
2009 29.08% 19.97% 0.78x 1.87x CN¥62.54 Million
2010 24.41% 16.49% 0.73x 2.02x CN¥55.51 Million
2011 23.02% 13.50% 0.82x 2.07x CN¥59.95 Million
2012 19.73% 11.46% 0.88x 1.95x CN¥51.95 Million
2013 19.61% 13.57% 0.78x 1.85x CN¥59.60 Million
2014 15.54% 12.12% 0.74x 1.73x CN¥38.22 Million
2015 7.68% 10.96% 0.51x 1.38x CN¥-29.46 Million
2016 8.10% 11.41% 0.50x 1.41x CN¥-25.54 Million
2017 8.25% 8.46% 0.57x 1.72x CN¥-24.39 Million
2018 5.41% 4.38% 0.49x 2.52x CN¥-69.31 Million
2019 6.60% 5.98% 0.43x 2.57x CN¥-58.19 Million
2020 5.44% 4.65% 0.30x 3.90x CN¥-78.39 Million
2021 -37.76% -17.74% 0.40x 5.29x CN¥-615.26 Million
2022 9.29% 3.91% 0.46x 5.20x CN¥-10.12 Million
2023 11.16% 4.64% 0.51x 4.75x CN¥18.21 Million
2024 5.85% 4.02% 0.46x 3.18x CN¥-105.14 Million

Industry Comparison

This section compares Hubei Kailong Chemical Group Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $1,775,158,628
  • Average return on equity (ROE) among peers: -19.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hubei Kailong Chemical Group Co Ltd (002783) CN¥3.65 Billion 21.06% 1.24x $464.39 Million
Chongqing Sanxia Paints Co Ltd (000565) $390.80 Million 1.64% 0.47x $289.82 Million
Hengyi Petrochemical Co Ltd (000703) $246.42 Million -7.64% 1.62x $1.44 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $472.56 Million 10.49% 1.13x $361.89 Million
Luxi Chemical Group Co Ltd (000830) $120.60 Million 41.32% 1.30x $2.28 Billion
China Minmetals Rare Earth Co Ltd (000831) $234.51 Million -303.65% 8.65x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $2.70 Billion 10.47% 0.21x $884.45 Million
Cofco Biochemical Anhui Co Ltd (000930) $11.76 Billion 9.61% 0.54x $815.97 Million
Shandong Link Science and Technology Co Ltd (001207) $441.43 Million 14.99% 1.14x $330.19 Million
Zhejiang Bofay Elec Co Ltd (001255) $742.80 Million 1.78% 0.61x $169.49 Million
Guangdong Decro Film New (001378) $647.89 Million 29.53% 0.22x $241.78 Million