Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd (300537) - Net Assets
Based on the latest financial reports, Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd (300537) has net assets worth CN¥913.85 Million CNY (≈ $133.72 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¥1.33 Billion ≈ $195.21 Million USD) and total liabilities (CN¥420.20 Million ≈ $61.49 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. Also explore how large is Jiangsu Kuangshun Photosensitivity New-M's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥913.85 Million |
| % of Total Assets | 68.5% |
| Annual Growth Rate | 17.25% |
| 5-Year Change | -31.06% |
| 10-Year Change | 212.89% |
| Growth Volatility | 52.49 |
Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Jiangsu Kuangshun Photosensitivity New-M to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd (2011–2024)
The table below shows the annual net assets of Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd from 2011 to 2024. For live valuation and market cap data, see Jiangsu Kuangshun Photosensitivity New-M market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥760.15 Million ≈ $111.23 Million |
-2.74% |
| 2023-12-31 | CN¥781.58 Million ≈ $114.37 Million |
+20.53% |
| 2022-12-31 | CN¥648.45 Million ≈ $94.89 Million |
-5.92% |
| 2021-12-31 | CN¥689.25 Million ≈ $100.86 Million |
-37.49% |
| 2020-12-31 | CN¥1.10 Billion ≈ $161.36 Million |
-17.19% |
| 2019-12-31 | CN¥1.33 Billion ≈ $194.86 Million |
+4.47% |
| 2018-12-31 | CN¥1.27 Billion ≈ $186.52 Million |
+2.99% |
| 2017-12-31 | CN¥1.24 Billion ≈ $181.11 Million |
+157.15% |
| 2016-12-31 | CN¥481.29 Million ≈ $70.43 Million |
+98.11% |
| 2015-12-31 | CN¥242.94 Million ≈ $35.55 Million |
+20.65% |
| 2014-12-31 | CN¥201.36 Million ≈ $29.46 Million |
+1.34% |
| 2013-12-31 | CN¥198.69 Million ≈ $29.07 Million |
+10.47% |
| 2012-12-31 | CN¥179.86 Million ≈ $26.32 Million |
+87.43% |
| 2011-12-31 | CN¥95.96 Million ≈ $14.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Kuangshun Photosensitivity New-Material Stock 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 2551.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥200.42 Million | 26.64% |
| Other Comprehensive Income | CN¥39.23 Million | 5.21% |
| Other Components | CN¥938.28 Million | 124.72% |
| Total Equity | CN¥752.32 Million | 100.00% |
Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ambiq Micro, Inc.
NYSE:AMBQ
|
$524.36 Million |
|
Cheng Du Sheng Nuo Biotec Co. Ltd. A
SHG:688117
|
$524.40 Million |
|
Rompetrol Rafi
RO:RRC
|
$524.46 Million |
|
Tian Jin Global Magnetic Card Co Ltd
SHG:600800
|
$524.66 Million |
|
Grupa Azoty S.A.
WAR:ATT
|
$523.89 Million |
|
Tyntek Corp
TW:2426
|
$523.76 Million |
|
IDI S.C.A.
PA:IDIP
|
$523.70 Million |
|
Lu Thai Textile Co Ltd
SHE:000726
|
$523.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 775,925,835 to 752,320,401, a change of -23,605,434 (-3.0%).
- Net loss of 32,069,205 reduced equity.
- Dividend payments of 5,345,534 reduced retained earnings.
- Other comprehensive income increased equity by 6,178,380.
- Other factors increased equity by 7,630,925.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-32.07 Million | -4.26% |
| Dividends Paid | CN¥5.35 Million | -0.71% |
| Other Comprehensive Income | CN¥6.18 Million | +0.82% |
| Other Changes | CN¥7.63 Million | +1.01% |
| Total Change | CN¥- | -3.04% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Kuangshun Photosensitivity New-Material Stock 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: 4.59x
- 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 19.75x to 4.59x 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¥0.87 | CN¥17.24 | x |
| 2012-12-31 | CN¥1.64 | CN¥17.24 | x |
| 2013-12-31 | CN¥1.65 | CN¥17.24 | x |
| 2014-12-31 | CN¥1.69 | CN¥17.24 | x |
| 2015-12-31 | CN¥2.01 | CN¥17.24 | x |
| 2016-12-31 | CN¥3.36 | CN¥17.24 | x |
| 2017-12-31 | CN¥7.06 | CN¥17.24 | x |
| 2018-12-31 | CN¥6.56 | CN¥17.24 | x |
| 2019-12-31 | CN¥6.89 | CN¥17.24 | x |
| 2020-12-31 | CN¥5.71 | CN¥17.24 | x |
| 2021-12-31 | CN¥3.59 | CN¥17.24 | x |
| 2022-12-31 | CN¥3.42 | CN¥17.24 | x |
| 2023-12-31 | CN¥4.00 | CN¥17.24 | x |
| 2024-12-31 | CN¥3.76 | CN¥17.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Kuangshun Photosensitivity New-Material Stock 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): -4.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.19%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.56x
- Recent ROE (-4.26%) is below the historical average (2.90%), 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 | 21.29% | 11.34% | 0.95x | 1.98x | CN¥10.83 Million |
| 2012 | 21.01% | 15.45% | 0.95x | 1.44x | CN¥19.81 Million |
| 2013 | 24.58% | 18.11% | 0.88x | 1.54x | CN¥28.96 Million |
| 2014 | 19.95% | 14.96% | 0.83x | 1.61x | CN¥20.03 Million |
| 2015 | 17.12% | 16.61% | 0.72x | 1.43x | CN¥17.29 Million |
| 2016 | 8.81% | 15.65% | 0.46x | 1.22x | CN¥-5.72 Million |
| 2017 | 4.99% | 13.66% | 0.29x | 1.27x | CN¥-61.63 Million |
| 2018 | 4.34% | 8.61% | 0.36x | 1.42x | CN¥-71.69 Million |
| 2019 | 5.43% | 8.92% | 0.42x | 1.46x | CN¥-60.87 Million |
| 2020 | -19.42% | -28.45% | 0.50x | 1.36x | CN¥-324.54 Million |
| 2021 | -59.24% | -66.34% | 0.53x | 1.67x | CN¥-479.86 Million |
| 2022 | -4.85% | -6.43% | 0.40x | 1.89x | CN¥-97.95 Million |
| 2023 | 0.89% | 1.35% | 0.40x | 1.63x | CN¥-70.70 Million |
| 2024 | -4.26% | -6.19% | 0.44x | 1.56x | CN¥-107.30 Million |
Industry Comparison
This section compares Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,467,414,031
- Average return on equity (ROE) among peers: 6.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd (300537) | CN¥913.85 Million | 21.29% | 0.46x | $524.24 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $434.55 Million | 5.54% | 1.90x | $379.42 Million |
| Hengyi Petrochemical Co Ltd (000703) | $227.09 Million | -11.79% | 1.45x | $8.54 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.02 Billion | 3.20% | 1.25x | $672.13 Million |
| Luxi Chemical Group Co Ltd (000830) | $10.99 Billion | 27.93% | 1.53x | $3.65 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $5.03 Billion | 8.31% | 0.10x | $7.58 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $132.45 Million | 36.26% | 2.06x | $1.08 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $10.85 Billion | -5.54% | 0.53x | $1.31 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $693.32 Million |
| Zhejiang Transfar Co Ltd (002010) | $11.78 Billion | 5.78% | 0.45x | $2.03 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $3.77 Billion | -20.83% | 3.31x | $483.61 Million |
About Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd
Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd. researches, develops, produces, and sells various electronic chemicals and inks in China and internationally. It provides PCB ink, display and semiconductor photoresist, and supporting reagents for photoresist; and PV package and insulating adhesive, and PV plating and etching resist solutions. The company also offers coating solutio… Read more