Jiangmen Kanhoo Industry Co Ltd
Jiangmen Kanhoo Industry Co., Ltd engages in the development, production, and manufacture of cathode materials in China. It offers cathode materials for LIB, intelligent equipment for LIB, rare earth luminescent materials, LED luminescent materials, rare earth oxygen storage materials, and agricultural light-conversion materials. The company's products are used in new energy vehicles, portable co… Read more
Jiangmen Kanhoo Industry Co Ltd (300340) - Net Assets
Latest net assets as of September 2025: CN¥-85.27 Million CNY
Based on the latest financial reports, Jiangmen Kanhoo Industry Co Ltd (300340) has net assets worth CN¥-85.27 Million 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¥2.49 Billion) and total liabilities (CN¥2.57 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¥-85.27 Million |
| % of Total Assets | -3.43% |
| Annual Growth Rate | 2.22% |
| 5-Year Change | -92.46% |
| 10-Year Change | -93.4% |
| Growth Volatility | 65.89 |
Jiangmen Kanhoo Industry Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Jiangmen Kanhoo Industry 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 Jiangmen Kanhoo Industry Co Ltd (2007–2024)
The table below shows the annual net assets of Jiangmen Kanhoo Industry Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥52.44 Million | -80.07% |
| 2023-12-31 | CN¥263.17 Million | +12.86% |
| 2022-12-31 | CN¥233.18 Million | -67.00% |
| 2021-12-31 | CN¥706.55 Million | +1.65% |
| 2020-12-31 | CN¥695.09 Million | -52.09% |
| 2019-12-31 | CN¥1.45 Billion | +1.11% |
| 2018-12-31 | CN¥1.43 Billion | +1.11% |
| 2017-12-31 | CN¥1.42 Billion | +10.26% |
| 2016-12-31 | CN¥1.29 Billion | +61.98% |
| 2015-12-31 | CN¥794.58 Million | -8.83% |
| 2014-12-31 | CN¥871.54 Million | -5.54% |
| 2013-12-31 | CN¥922.62 Million | -0.36% |
| 2012-12-31 | CN¥925.99 Million | +180.78% |
| 2011-12-31 | CN¥329.79 Million | +132.01% |
| 2010-12-31 | CN¥142.15 Million | +33.23% |
| 2009-12-31 | CN¥106.69 Million | +103.87% |
| 2008-12-31 | CN¥52.33 Million | +44.96% |
| 2007-12-31 | CN¥36.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangmen Kanhoo Industry 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 50648.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥276.47 Million | 517.65% |
| Other Components | CN¥1.35 Billion | 2531.72% |
| Total Equity | CN¥53.41 Million | 100.00% |
Jiangmen Kanhoo Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangmen Kanhoo Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Algoma Steel Group Inc
NASDAQ:ASTL
|
$280.31 Million |
|
engcon AB Cl B
ST:ENGCON-B
|
$280.32 Million |
|
Baoding Heavy Industry Co Ltd
SHE:002552
|
$280.38 Million |
|
Colorlight Cloud Tech Ltd. A
SHE:301391
|
$280.50 Million |
|
AbraSilver Resource Corp
OTCQX:ABBRF
|
$280.10 Million |
|
Primeton Information Technologies Inc
SHG:688118
|
$280.04 Million |
|
Sheela Foam Limited
NSE:SFL
|
$279.73 Million |
|
New Work SE
HM:NWO
|
$279.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangmen Kanhoo Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 262,833,269 to 53,408,231, a change of -209,425,038 (-79.7%).
- Net loss of 191,623,150 reduced equity.
- Dividend payments of 17,007,527 reduced retained earnings.
- Share repurchases of 1,217,492 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-191.62 Million | -358.79% |
| Dividends Paid | CN¥17.01 Million | -31.84% |
| Share Repurchases | CN¥1.22 Million | -2.28% |
| Other Changes | CN¥423.13K | +0.79% |
| Total Change | CN¥- | -79.68% |
Book Value vs Market Value Analysis
This analysis compares Jiangmen Kanhoo Industry 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: 60.99x
- 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 39.05x to 60.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.30 | CN¥11.90 | x |
| 2008-12-31 | CN¥0.45 | CN¥11.90 | x |
| 2009-12-31 | CN¥0.91 | CN¥11.90 | x |
| 2010-12-31 | CN¥1.06 | CN¥11.90 | x |
| 2011-12-31 | CN¥2.44 | CN¥11.90 | x |
| 2012-12-31 | CN¥11.76 | CN¥11.90 | x |
| 2013-12-31 | CN¥5.11 | CN¥11.90 | x |
| 2014-12-31 | CN¥4.83 | CN¥11.90 | x |
| 2015-12-31 | CN¥4.41 | CN¥11.90 | x |
| 2016-12-31 | CN¥7.04 | CN¥11.90 | x |
| 2017-12-31 | CN¥6.68 | CN¥11.90 | x |
| 2018-12-31 | CN¥6.75 | CN¥11.90 | x |
| 2019-12-31 | CN¥6.83 | CN¥11.90 | x |
| 2020-12-31 | CN¥3.27 | CN¥11.90 | x |
| 2021-12-31 | CN¥3.32 | CN¥11.90 | x |
| 2022-12-31 | CN¥1.09 | CN¥11.90 | x |
| 2023-12-31 | CN¥1.21 | CN¥11.90 | x |
| 2024-12-31 | CN¥0.20 | CN¥11.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangmen Kanhoo Industry 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): -358.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.03%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 50.95x
- Recent ROE (-358.79%) is below the historical average (-36.83%), 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 | 51.96% | 6.91% | 1.92x | 3.93x | CN¥15.15 Million |
| 2008 | 31.01% | 7.22% | 1.57x | 2.73x | CN¥11.00 Million |
| 2009 | 25.39% | 10.60% | 1.14x | 2.09x | CN¥16.42 Million |
| 2010 | 24.94% | 9.79% | 1.64x | 1.55x | CN¥21.24 Million |
| 2011 | 56.90% | 17.24% | 2.29x | 1.44x | CN¥154.66 Million |
| 2012 | 4.60% | 8.08% | 0.49x | 1.16x | CN¥-50.00 Million |
| 2013 | 0.38% | 0.91% | 0.36x | 1.15x | CN¥-88.49 Million |
| 2014 | -5.54% | -12.36% | 0.39x | 1.16x | CN¥-135.11 Million |
| 2015 | -9.35% | -18.99% | 0.41x | 1.20x | CN¥-153.78 Million |
| 2016 | 2.61% | 4.27% | 0.36x | 1.68x | CN¥-94.99 Million |
| 2017 | 8.38% | 5.77% | 0.60x | 2.43x | CN¥-22.94 Million |
| 2018 | 3.73% | 2.43% | 0.61x | 2.52x | CN¥-89.80 Million |
| 2019 | 2.10% | 1.65% | 0.55x | 2.30x | CN¥-114.49 Million |
| 2020 | -107.40% | -45.25% | 0.65x | 3.67x | CN¥-814.32 Million |
| 2021 | 1.98% | 0.42% | 0.75x | 6.28x | CN¥-56.52 Million |
| 2022 | -198.31% | -11.62% | 0.94x | 18.22x | CN¥-483.60 Million |
| 2023 | -197.49% | -17.19% | 0.77x | 14.86x | CN¥-545.37 Million |
| 2024 | -358.79% | -9.03% | 0.78x | 50.95x | CN¥-196.96 Million |
Industry Comparison
This section compares Jiangmen Kanhoo Industry 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 |
|---|---|---|---|---|
| Jiangmen Kanhoo Industry Co Ltd (300340) | CN¥-85.27 Million | 51.96% | N/A | $280.21 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 |