Xiongan Kerong Environment Technology Co Ltd (300152) - Net Assets
Based on the latest financial reports, Xiongan Kerong Environment Technology Co Ltd (300152) has net assets worth CN¥235.60 Million CNY (≈ $34.48 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥746.58 Million ≈ $109.25 Million USD) and total liabilities (CN¥510.98 Million ≈ $74.77 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 300152 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥235.60 Million |
| % of Total Assets | 31.56% |
| Annual Growth Rate | 4.58% |
| 5-Year Change | -63.84% |
| 10-Year Change | -86.02% |
| Growth Volatility | 134.42 |
Xiongan Kerong Environment Technology Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Xiongan Kerong Environment Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Xiongan Kerong Environment Technology Co (300152) total assets for the complete picture of this company's asset base.
Annual Net Assets for Xiongan Kerong Environment Technology Co Ltd (2007–2024)
The table below shows the annual net assets of Xiongan Kerong Environment Technology Co Ltd from 2007 to 2024. For live valuation and market cap data, see Xiongan Kerong Environment Technology Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥240.58 Million ≈ $35.21 Million |
-25.14% |
| 2023-12-31 | CN¥321.40 Million ≈ $47.03 Million |
-19.00% |
| 2022-12-31 | CN¥396.77 Million ≈ $58.06 Million |
-18.98% |
| 2021-12-31 | CN¥489.72 Million ≈ $71.66 Million |
-26.40% |
| 2020-12-31 | CN¥665.38 Million ≈ $97.37 Million |
-23.82% |
| 2019-12-31 | CN¥873.39 Million ≈ $127.80 Million |
+21.87% |
| 2018-12-31 | CN¥716.66 Million ≈ $104.87 Million |
-52.46% |
| 2017-12-31 | CN¥1.51 Billion ≈ $220.61 Million |
-4.20% |
| 2016-12-31 | CN¥1.57 Billion ≈ $230.28 Million |
-8.58% |
| 2015-12-31 | CN¥1.72 Billion ≈ $251.89 Million |
+3.17% |
| 2014-12-31 | CN¥1.67 Billion ≈ $244.15 Million |
+7.39% |
| 2013-12-31 | CN¥1.55 Billion ≈ $227.34 Million |
+11.50% |
| 2012-12-31 | CN¥1.39 Billion ≈ $203.89 Million |
+2.52% |
| 2011-12-31 | CN¥1.36 Billion ≈ $198.88 Million |
+2.81% |
| 2010-12-31 | CN¥1.32 Billion ≈ $193.44 Million |
+559.76% |
| 2009-12-31 | CN¥200.37 Million ≈ $29.32 Million |
+35.11% |
| 2008-12-31 | CN¥148.30 Million ≈ $21.70 Million |
+31.96% |
| 2007-12-31 | CN¥112.38 Million ≈ $16.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Xiongan Kerong Environment Technology 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 1400.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.31 Billion | 544.94% |
| Total Equity | CN¥240.52 Million | 100.00% |
Xiongan Kerong Environment Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Xiongan Kerong Environment Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEXIMCO PHARMA.GDR REGS 1
F:R2WA
|
$208.62 Million |
|
AIRA Capital Public Company Limited
BK:AIRA
|
$208.64 Million |
|
Investcorp Europe Acquisition I Corp
NASDAQ:IVCB
|
$208.74 Million |
|
AC IMMUNE SA SF-02
F:IMR
|
$208.75 Million |
|
EMS Limited
NSE:EMSLIMITED
|
$208.57 Million |
|
Context Therapeutics Inc
NASDAQ:CNTX
|
$208.57 Million |
|
Huons Co. Ltd
KQ:243070
|
$208.46 Million |
|
Kejuruteraan Asastera Bhd
KLSE:0193
|
$208.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiongan Kerong Environment Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 321,302,014 to 240,519,822, a change of -80,782,192 (-25.1%).
- Net loss of 47,417,183 reduced equity.
- Dividend payments of 2,859,977 reduced retained earnings.
- Other factors decreased equity by 30,505,032.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-47.42 Million | -19.71% |
| Dividends Paid | CN¥2.86 Million | -1.19% |
| Other Changes | CN¥-30.51 Million | -12.68% |
| Total Change | CN¥- | -25.14% |
Book Value vs Market Value Analysis
This analysis compares Xiongan Kerong Environment Technology 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: 5.93x
- 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 increased from 1.02x to 5.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.96 | CN¥2.00 | x |
| 2018-12-31 | CN¥0.99 | CN¥2.00 | x |
| 2019-12-31 | CN¥1.12 | CN¥2.00 | x |
| 2020-12-31 | CN¥0.93 | CN¥2.00 | x |
| 2021-12-31 | CN¥0.69 | CN¥2.00 | x |
| 2022-12-31 | CN¥0.56 | CN¥2.00 | x |
| 2023-12-31 | CN¥0.45 | CN¥2.00 | x |
| 2024-12-31 | CN¥0.34 | CN¥2.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiongan Kerong Environment Technology 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): -19.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.95%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 3.14x
- Recent ROE (-19.71%) is below the historical average (-5.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 16.52% | 18.52% | 0.55x | 1.62x | CN¥7.33 Million |
| 2008 | 24.22% | 23.32% | 0.43x | 2.43x | CN¥21.09 Million |
| 2009 | 31.10% | 29.28% | 0.51x | 2.06x | CN¥42.28 Million |
| 2010 | 4.69% | 28.99% | 0.14x | 1.15x | CN¥-70.14 Million |
| 2011 | 5.12% | 25.72% | 0.17x | 1.15x | CN¥-66.34 Million |
| 2012 | 5.00% | 17.20% | 0.24x | 1.21x | CN¥-69.66 Million |
| 2013 | 3.25% | 8.12% | 0.28x | 1.43x | CN¥-96.43 Million |
| 2014 | 2.89% | 5.02% | 0.31x | 1.87x | CN¥-103.91 Million |
| 2015 | 1.77% | 2.60% | 0.31x | 2.22x | CN¥-120.62 Million |
| 2016 | -9.69% | -17.24% | 0.25x | 2.25x | CN¥-267.91 Million |
| 2017 | 2.68% | 5.66% | 0.20x | 2.35x | CN¥-102.18 Million |
| 2018 | -67.74% | -90.36% | 0.26x | 2.93x | CN¥-545.93 Million |
| 2019 | 1.26% | 1.97% | 0.29x | 2.23x | CN¥-69.93 Million |
| 2020 | 1.95% | 2.52% | 0.43x | 1.79x | CN¥-53.55 Million |
| 2021 | -54.43% | -151.09% | 0.21x | 1.75x | CN¥-315.49 Million |
| 2022 | -21.88% | -46.47% | 0.22x | 2.10x | CN¥-126.47 Million |
| 2023 | -22.81% | -36.05% | 0.26x | 2.44x | CN¥-105.43 Million |
| 2024 | -19.71% | -24.95% | 0.25x | 3.14x | CN¥-71.47 Million |
Industry Comparison
This section compares Xiongan Kerong Environment Technology Co Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $1,056,970,732
- Average return on equity (ROE) among peers: 10.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiongan Kerong Environment Technology Co Ltd (300152) | CN¥235.60 Million | 16.52% | 2.17x | $208.61 Million |
| Central Plains Environment Protection Co Ltd (000544) | $340.22 Million | 6.78% | 1.78x | $1.21 Billion |
| Shenwu Energy Saving Co Ltd (000820) | $299.63 Million | -3.40% | 5.07x | $354.79 Million |
| Hebei Sailhero Environmental (300137) | $156.24 Million | 21.36% | 0.68x | $1.31 Billion |
| Nanjing CEC Environmental Protect (300172) | $100.26 Million | 29.74% | 1.76x | $537.70 Million |
| Shanghai Canature Environmental (300272) | $513.34 Million | 11.10% | 0.09x | $670.18 Million |
| Suzhou TA&A Ultra Clean Technology Co Ltd (300390) | $136.74 Million | 19.31% | 0.61x | $13.43 Billion |
| Scimee Sci &Tech Co Ltd (300425) | $2.55 Billion | 3.46% | 0.84x | $497.16 Million |
| Penyao Environmental Protection Co Ltd Class A (300664) | $4.41 Billion | 5.27% | 0.83x | $619.72 Million |
| ShenZhen GAD Environmental Technology Co. Ltd. (300854) | $1.00 Billion | 2.04% | 0.74x | $495.67 Million |
About Xiongan Kerong Environment Technology Co Ltd
Xiong'an New Power Technology Co.,Ltd. designs, manufactures, and sells boiler ignition and combustion sets of equipment and control systems. It also engages in research and development of membrane products, water treatment products, design and implementation of water treatment systems, and the installation and service of water treatment projects; thermal engineering; hydrogen fuel cell catalyst;… Read more