Hunan Keli Motor Co Ltd (002892) - Net Assets
Based on the latest financial reports, Hunan Keli Motor Co Ltd (002892) has net assets worth CN¥1.30 Billion CNY (≈ $190.73 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¥2.67 Billion ≈ $390.10 Million USD) and total liabilities (CN¥1.36 Billion ≈ $199.36 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 Keli Motor Co Ltd (002892) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.30 Billion |
| % of Total Assets | 48.89% |
| Annual Growth Rate | 24.46% |
| 5-Year Change | 79.83% |
| 10-Year Change | 587.52% |
| Growth Volatility | 39.17 |
Hunan Keli Motor Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Hunan Keli Motor Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002892 asset base for the complete picture of this company's asset base.
Annual Net Assets for Hunan Keli Motor Co Ltd (2013–2024)
The table below shows the annual net assets of Hunan Keli Motor Co Ltd from 2013 to 2024. For live valuation and market cap data, see Hunan Keli Motor Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.28 Billion ≈ $187.77 Million |
-0.04% |
| 2023-12-31 | CN¥1.28 Billion ≈ $187.84 Million |
+0.03% |
| 2022-12-31 | CN¥1.28 Billion ≈ $187.79 Million |
+2.37% |
| 2021-12-31 | CN¥1.25 Billion ≈ $183.45 Million |
+75.69% |
| 2020-12-31 | CN¥713.55 Million ≈ $104.41 Million |
+4.22% |
| 2019-12-31 | CN¥684.63 Million ≈ $100.18 Million |
+9.39% |
| 2018-12-31 | CN¥625.84 Million ≈ $91.58 Million |
+10.41% |
| 2017-12-31 | CN¥566.82 Million ≈ $82.94 Million |
+132.16% |
| 2016-12-31 | CN¥244.15 Million ≈ $35.73 Million |
+30.82% |
| 2015-12-31 | CN¥186.63 Million ≈ $27.31 Million |
+15.25% |
| 2014-12-31 | CN¥161.94 Million ≈ $23.70 Million |
+40.15% |
| 2013-12-31 | CN¥115.55 Million ≈ $16.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hunan Keli Motor 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 367.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥271.93 Million | 21.17% |
| Common Stock | CN¥620.80 Million | 48.33% |
| Other Comprehensive Income | CN¥337.21K | 0.03% |
| Other Components | CN¥391.39 Million | 30.47% |
| Total Equity | CN¥1.28 Billion | 100.00% |
Hunan Keli Motor Co Ltd Competitors by Market Cap
The table below lists competitors of Hunan Keli Motor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Phibro Animal Health Corporation
NASDAQ:PAHC
|
$1.13 Billion |
|
Jiangsu Gian Technology Co Ltd
SHE:300709
|
$1.13 Billion |
|
Bombay Burmah Trading Corporation Limited
NSE:BBTC
|
$1.13 Billion |
|
Suzhou Huaya Intelligence Technology Co Ltd
SHE:003043
|
$1.13 Billion |
|
Sichuan Yimikang Environmental Tech Co Ltd
SHE:300249
|
$1.13 Billion |
|
Medplus Health Services Limited
NSE:MEDPLUS
|
$1.13 Billion |
|
Sixt SE
XETRA:SIX3
|
$1.13 Billion |
|
Mader Group Ltd
AU:MAD
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Keli Motor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,274,674,627 to 1,284,459,573, a change of 9,784,946 (0.8%).
- Net income of 60,070,537 contributed positively to equity growth.
- Dividend payments of 48,210,731 reduced retained earnings.
- Share repurchases of 13,368,199 reduced equity.
- Other comprehensive income increased equity by 337,209.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥60.07 Million | +4.68% |
| Dividends Paid | CN¥48.21 Million | -3.75% |
| Share Repurchases | CN¥13.37 Million | -1.04% |
| Other Comprehensive Income | CN¥337.21K | +0.03% |
| Other Changes | CN¥10.96 Million | +0.85% |
| Total Change | CN¥- | 0.77% |
Book Value vs Market Value Analysis
This analysis compares Hunan Keli Motor 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: 5.01x
- 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 27.48x to 5.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.38 | CN¥10.39 | x |
| 2014-12-31 | CN¥0.50 | CN¥10.39 | x |
| 2015-12-31 | CN¥0.43 | CN¥10.39 | x |
| 2016-12-31 | CN¥0.56 | CN¥10.39 | x |
| 2017-12-31 | CN¥1.21 | CN¥10.39 | x |
| 2018-12-31 | CN¥1.15 | CN¥10.39 | x |
| 2019-12-31 | CN¥1.25 | CN¥10.39 | x |
| 2020-12-31 | CN¥1.31 | CN¥10.39 | x |
| 2021-12-31 | CN¥2.18 | CN¥10.39 | x |
| 2022-12-31 | CN¥2.04 | CN¥10.39 | x |
| 2023-12-31 | CN¥2.05 | CN¥10.39 | x |
| 2024-12-31 | CN¥2.07 | CN¥10.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Keli Motor 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): 4.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.63%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.85x
- Recent ROE (4.68%) is below the historical average (16.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 31.75% | 9.49% | 1.61x | 2.08x | CN¥25.13 Million |
| 2014 | 30.50% | 11.56% | 1.80x | 1.47x | CN¥33.20 Million |
| 2015 | 31.98% | 13.14% | 1.45x | 1.68x | CN¥41.03 Million |
| 2016 | 27.65% | 13.39% | 1.22x | 1.69x | CN¥43.10 Million |
| 2017 | 11.55% | 11.06% | 0.88x | 1.19x | CN¥8.76 Million |
| 2018 | 11.11% | 9.65% | 0.96x | 1.20x | CN¥6.97 Million |
| 2019 | 12.86% | 10.35% | 1.01x | 1.23x | CN¥19.59 Million |
| 2020 | 13.77% | 9.89% | 1.06x | 1.32x | CN¥26.88 Million |
| 2021 | 8.18% | 7.15% | 0.91x | 1.26x | CN¥-22.82 Million |
| 2022 | 5.77% | 6.19% | 0.66x | 1.41x | CN¥-53.70 Million |
| 2023 | 4.00% | 3.94% | 0.68x | 1.49x | CN¥-76.42 Million |
| 2024 | 4.68% | 3.63% | 0.70x | 1.85x | CN¥-68.38 Million |
Industry Comparison
This section compares Hunan Keli Motor Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Keli Motor Co Ltd (002892) | CN¥1.30 Billion | 31.75% | 1.05x | $1.13 Billion |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Hunan Keli Motor Co Ltd
Keli Motor Group Co., Ltd. engages in the research and development, manufacture, and sale of micro motors in China. The company offers servo systems, including servo motors and drives; shaded pole motors; tangential blowers; universal motors; stepper motors; brushless direct current motors; and pump motors. Its products are used in 5G base station, robot, intelligent appliances, medical and healt… Read more