Guangdong Kinlong Hardware Products Co Ltd (002791) - Net Assets
Based on the latest financial reports, Guangdong Kinlong Hardware Products Co Ltd (002791) has net assets worth CN¥5.57 Billion CNY (≈ $814.64 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.26 Billion ≈ $1.21 Billion USD) and total liabilities (CN¥2.69 Billion ≈ $393.34 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 Guangdong Kinlong Hardware Products Co L strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.57 Billion |
| % of Total Assets | 67.44% |
| Annual Growth Rate | 18.33% |
| 5-Year Change | 11.8% |
| 10-Year Change | 124.64% |
| Growth Volatility | 20.56 |
Guangdong Kinlong Hardware Products Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Guangdong Kinlong Hardware Products Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002791 market cap.
Annual Net Assets for Guangdong Kinlong Hardware Products Co Ltd (2011–2025)
The table below shows the annual net assets of Guangdong Kinlong Hardware Products Co Ltd from 2011 to 2025. Also explore 002791 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.62 Billion ≈ $822.32 Million |
-5.76% |
| 2024-12-31 | CN¥5.96 Billion ≈ $872.59 Million |
+11.68% |
| 2023-12-31 | CN¥5.34 Billion ≈ $781.34 Million |
+6.32% |
| 2022-12-31 | CN¥5.02 Billion ≈ $734.89 Million |
-0.08% |
| 2021-12-31 | CN¥5.03 Billion ≈ $735.50 Million |
+22.28% |
| 2020-12-31 | CN¥4.11 Billion ≈ $601.47 Million |
+30.03% |
| 2019-12-31 | CN¥3.16 Billion ≈ $462.56 Million |
+11.15% |
| 2018-12-31 | CN¥2.84 Billion ≈ $416.18 Million |
+5.51% |
| 2017-12-31 | CN¥2.70 Billion ≈ $394.44 Million |
+7.75% |
| 2016-12-31 | CN¥2.50 Billion ≈ $366.06 Million |
+80.04% |
| 2015-12-31 | CN¥1.39 Billion ≈ $203.32 Million |
+17.94% |
| 2014-12-31 | CN¥1.18 Billion ≈ $172.39 Million |
+22.44% |
| 2013-12-31 | CN¥962.23 Million ≈ $140.80 Million |
+31.31% |
| 2012-12-31 | CN¥732.78 Million ≈ $107.23 Million |
+37.61% |
| 2011-12-31 | CN¥532.49 Million ≈ $77.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Kinlong Hardware Products 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 2972.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.30 Billion | 61.25% |
| Other Components | CN¥2.09 Billion | 38.75% |
| Total Equity | CN¥5.39 Billion | 100.00% |
Guangdong Kinlong Hardware Products Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Kinlong Hardware Products Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prima Andalan Mandiri Tbk PT
JK:MCOL
|
$750.03 Million |
|
AEON Thana Sinsap (Thailand) Public Company Limited
BK:AEONTS
|
$750.07 Million |
|
MCCORMICK+CO.INC. DL-01
F:MCX0
|
$750.09 Million |
|
GuangDong Leary New Material Technology Co. Ltd. A
SHG:688683
|
$750.11 Million |
|
Washington Trust Bancorp Inc
NASDAQ:WASH
|
$749.81 Million |
|
Aucma Co Ltd
SHG:600336
|
$749.69 Million |
|
Volaris
NYSE:VLRS
|
$749.48 Million |
|
Haining China Leather Market Co Ltd
SHE:002344
|
$748.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Kinlong Hardware Products Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,702,900,367 to 5,393,163,107, a change of -309,737,260 (-5.4%).
- Net loss of 100,438,029 reduced equity.
- Dividend payments of 108,997,962 reduced retained earnings.
- Other comprehensive income decreased equity by 397,381,117.
- Other factors increased equity by 297,079,848.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-100.44 Million | -1.86% |
| Dividends Paid | CN¥109.00 Million | -2.02% |
| Other Comprehensive Income | CN¥-397.38 Million | -7.37% |
| Other Changes | CN¥297.08 Million | +5.51% |
| Total Change | CN¥- | -5.43% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Kinlong Hardware Products 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: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.96x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥2.08 | CN¥14.48 | x |
| 2012-12-31 | CN¥2.81 | CN¥14.48 | x |
| 2013-12-31 | CN¥3.72 | CN¥14.48 | x |
| 2014-12-31 | CN¥4.57 | CN¥14.48 | x |
| 2015-12-31 | CN¥5.39 | CN¥14.48 | x |
| 2016-12-31 | CN¥8.03 | CN¥14.48 | x |
| 2017-12-31 | CN¥8.08 | CN¥14.48 | x |
| 2018-12-31 | CN¥8.64 | CN¥14.48 | x |
| 2019-12-31 | CN¥9.72 | CN¥14.48 | x |
| 2020-12-31 | CN¥12.40 | CN¥14.48 | x |
| 2021-12-31 | CN¥14.91 | CN¥14.48 | x |
| 2022-12-31 | CN¥14.93 | CN¥14.48 | x |
| 2023-12-31 | CN¥15.86 | CN¥14.48 | x |
| 2024-12-31 | CN¥17.28 | CN¥14.48 | x |
| 2025-12-31 | CN¥15.24 | CN¥14.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Kinlong Hardware Products 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): -1.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.81%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.66x
- Recent ROE (-1.86%) is below the historical average (12.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.79% | 10.41% | 1.37x | 1.53x | CN¥62.77 Million |
| 2012 | 25.88% | 13.16% | 1.36x | 1.44x | CN¥114.09 Million |
| 2013 | 24.17% | 13.09% | 1.27x | 1.46x | CN¥134.22 Million |
| 2014 | 18.52% | 10.63% | 1.21x | 1.43x | CN¥99.01 Million |
| 2015 | 15.34% | 9.06% | 1.18x | 1.43x | CN¥73.39 Million |
| 2016 | 10.21% | 9.35% | 0.88x | 1.24x | CN¥5.31 Million |
| 2017 | 7.31% | 6.01% | 0.92x | 1.32x | CN¥-70.47 Million |
| 2018 | 6.25% | 4.47% | 0.96x | 1.46x | CN¥-103.41 Million |
| 2019 | 14.31% | 8.36% | 1.06x | 1.61x | CN¥132.27 Million |
| 2020 | 20.49% | 12.13% | 1.00x | 1.70x | CN¥418.42 Million |
| 2021 | 18.55% | 10.10% | 0.88x | 2.08x | CN¥409.97 Million |
| 2022 | 1.37% | 0.86% | 0.73x | 2.20x | CN¥-414.57 Million |
| 2023 | 6.37% | 4.15% | 0.79x | 1.93x | CN¥-184.81 Million |
| 2024 | 1.58% | 1.36% | 0.67x | 1.73x | CN¥-480.30 Million |
| 2025 | -1.86% | -1.81% | 0.62x | 1.66x | CN¥-639.75 Million |
Industry Comparison
This section compares Guangdong Kinlong Hardware Products Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $2,912,445,148
- Average return on equity (ROE) among peers: 1.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Kinlong Hardware Products Co Ltd (002791) | CN¥5.57 Billion | 21.79% | 0.48x | $749.84 Million |
| Bosun Tools Co Ltd (002282) | $773.10 Million | 7.33% | 0.10x | $462.56 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $1.24 Billion | 4.97% | 0.07x | $647.47 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.35 Billion | 3.58% | 0.35x | $399.66 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $19.14 Billion | 13.11% | 0.23x | $4.89 Billion |
| Geron Co Ltd (002722) | $556.17 Million | 6.10% | 0.33x | $422.04 Million |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $697.54 Million | 6.89% | 0.40x | $2.24 Billion |
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | $1.47 Billion | 5.21% | 1.60x | $612.65 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $166.85 Million | 10.92% | 0.62x | $604.50 Million |
| Wafangdian Bearing Co Ltd (200706) | $814.00 Million | -46.71% | 2.85x | $143.90 Million |
About Guangdong Kinlong Hardware Products Co Ltd
Guangdong KinLong Hardware Products Co.,Ltd. engages in the research, development, manufacture, and sale of construction and building products in China. The company offers door and window accessories, engineering hardware, premium hardware, kitchen and bathroom, smart home, smart community, chemical building materials, decorative materials, lighting fixtures, electrical materials, transparent led… Read more