Anhui Korrun Co Ltd (300577) - Net Assets
Based on the latest financial reports, Anhui Korrun Co Ltd (300577) has net assets worth CN¥2.28 Billion CNY (≈ $333.34 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¥5.86 Billion ≈ $856.87 Million USD) and total liabilities (CN¥3.58 Billion ≈ $523.53 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 300577 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.28 Billion |
| % of Total Assets | 38.9% |
| Annual Growth Rate | 28.23% |
| 5-Year Change | 28.87% |
| 10-Year Change | 311.76% |
| Growth Volatility | 43.32 |
Anhui Korrun Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Anhui Korrun Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Anhui Korrun Co Ltd worth.
Annual Net Assets for Anhui Korrun Co Ltd (2012–2025)
The table below shows the annual net assets of Anhui Korrun Co Ltd from 2012 to 2025. Also explore how fast is Anhui Korrun Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.23 Billion ≈ $326.50 Million |
-14.21% |
| 2024-12-31 | CN¥2.60 Billion ≈ $380.59 Million |
+36.24% |
| 2023-12-31 | CN¥1.91 Billion ≈ $279.34 Million |
+8.02% |
| 2022-12-31 | CN¥1.77 Billion ≈ $258.61 Million |
+2.07% |
| 2021-12-31 | CN¥1.73 Billion ≈ $253.36 Million |
+5.85% |
| 2020-12-31 | CN¥1.64 Billion ≈ $239.37 Million |
+81.71% |
| 2019-12-31 | CN¥900.20 Million ≈ $131.73 Million |
+32.64% |
| 2018-12-31 | CN¥678.66 Million ≈ $99.31 Million |
+36.08% |
| 2017-12-31 | CN¥498.72 Million ≈ $72.98 Million |
-7.96% |
| 2016-12-31 | CN¥541.88 Million ≈ $79.29 Million |
+158.36% |
| 2015-12-31 | CN¥209.74 Million ≈ $30.69 Million |
+38.01% |
| 2014-12-31 | CN¥151.98 Million ≈ $22.24 Million |
+36.18% |
| 2013-12-31 | CN¥111.60 Million ≈ $16.33 Million |
+26.75% |
| 2012-12-31 | CN¥88.04 Million ≈ $12.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Anhui Korrun 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 2545.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.38 Billion | 64.29% |
| Other Components | CN¥766.97 Million | 35.71% |
| Total Equity | CN¥2.15 Billion | 100.00% |
Anhui Korrun Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Korrun Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inspur Software Co Ltd
SHG:600756
|
$701.94 Million |
|
Sam Engineering Equipment
KLSE:9822
|
$701.97 Million |
|
Tainan Spinning Co Ltd
TW:1440
|
$702.07 Million |
|
National Grid PLC
LSE:NG
|
$702.14 Million |
|
Solomon Technology Corp
TW:2359
|
$701.89 Million |
|
Kronos Worldwide Inc
NYSE:KRO
|
$701.82 Million |
|
Redtape Limited
NSE:REDTAPE
|
$701.57 Million |
|
Logistea AB Series B
ST:LOGI-B
|
$701.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Korrun Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,141,747,629 to 2,147,655,738, a change of 5,908,109 (0.3%).
- Net income of 331,081,727 contributed positively to equity growth.
- Dividend payments of 157,614,305 reduced retained earnings.
- Other factors decreased equity by 167,559,312.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥331.08 Million | +15.42% |
| Dividends Paid | CN¥157.61 Million | -7.34% |
| Other Changes | CN¥-167.56 Million | -7.8% |
| Total Change | CN¥- | 0.28% |
Book Value vs Market Value Analysis
This analysis compares Anhui Korrun 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: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.58x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.02 | CN¥20.00 | x |
| 2013-12-31 | CN¥1.29 | CN¥20.00 | x |
| 2014-12-31 | CN¥0.94 | CN¥20.00 | x |
| 2015-12-31 | CN¥1.27 | CN¥20.00 | x |
| 2016-12-31 | CN¥2.86 | CN¥20.00 | x |
| 2017-12-31 | CN¥2.27 | CN¥20.00 | x |
| 2018-12-31 | CN¥2.93 | CN¥20.00 | x |
| 2019-12-31 | CN¥3.84 | CN¥20.00 | x |
| 2020-12-31 | CN¥7.10 | CN¥20.00 | x |
| 2021-12-31 | CN¥6.93 | CN¥20.00 | x |
| 2022-12-31 | CN¥7.31 | CN¥20.00 | x |
| 2023-12-31 | CN¥7.69 | CN¥20.00 | x |
| 2024-12-31 | CN¥8.71 | CN¥20.00 | x |
| 2025-12-31 | CN¥8.95 | CN¥20.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Korrun 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): 15.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.77%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.69x
- Recent ROE (15.42%) is below the historical average (18.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 23.56% | 7.42% | 1.11x | 2.87x | CN¥11.94 Million |
| 2013 | 20.42% | 7.72% | 1.02x | 2.59x | CN¥11.63 Million |
| 2014 | 27.64% | 10.08% | 1.27x | 2.16x | CN¥26.82 Million |
| 2015 | 32.20% | 13.41% | 1.19x | 2.01x | CN¥45.67 Million |
| 2016 | 15.71% | 10.83% | 0.96x | 1.52x | CN¥30.53 Million |
| 2017 | 27.35% | 11.48% | 1.17x | 2.03x | CN¥84.63 Million |
| 2018 | 27.30% | 8.48% | 1.45x | 2.22x | CN¥110.10 Million |
| 2019 | 27.10% | 8.39% | 1.37x | 2.36x | CN¥142.60 Million |
| 2020 | 4.93% | 4.01% | 0.64x | 1.92x | CN¥-80.14 Million |
| 2021 | 10.68% | 7.87% | 0.65x | 2.08x | CN¥11.41 Million |
| 2022 | 2.74% | 1.71% | 0.78x | 2.05x | CN¥-124.43 Million |
| 2023 | 6.24% | 3.72% | 0.87x | 1.94x | CN¥-69.64 Million |
| 2024 | 17.79% | 8.99% | 0.82x | 2.41x | CN¥166.82 Million |
| 2025 | 15.42% | 6.77% | 0.85x | 2.69x | CN¥116.32 Million |
Industry Comparison
This section compares Anhui Korrun Co Ltd's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $2,779,627,574
- Average return on equity (ROE) among peers: 7.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Korrun Co Ltd (300577) | CN¥2.28 Billion | 23.56% | 1.57x | $701.91 Million |
| Wuxi Double Elephant Micro Fibre Material Co Ltd (002395) | $859.35 Million | -5.29% | 1.37x | $487.85 Million |
| Anhui ANLI Artificial Leather (300218) | $206.29 Million | 23.48% | 1.64x | $393.41 Million |
| Shandong Tongda Island New Materials Co Ltd (300321) | $626.55 Million | 1.34% | 0.09x | $465.19 Million |
| Guangdong Wanlima Industry Co Ltd (300591) | $576.44 Million | -36.87% | 0.65x | $394.76 Million |
| Zhejiang Zoenn Design Co Ltd (300901) | $990.93 Million | 0.39% | 0.23x | $625.83 Million |
| Huali Industrial Group Company Limited (300979) | $16.25 Billion | 19.73% | 0.38x | $5.53 Billion |
| Zhejiang China Commodities City Group Co Ltd (600415) | $847.59 Million | 12.18% | 3.50x | $9.48 Billion |
| Zhejiang Aokang Shoes Co Ltd (603001) | $1.18 Billion | 38.83% | 1.01x | $611.99 Million |
| Zhejiang Red Dragonfly Footwear Co Ltd (603116) | $3.48 Billion | 10.96% | 0.33x | $556.49 Million |
About Anhui Korrun Co Ltd
Anhui Korrun Co., Ltd. engages in the research, design, production, and sales of various travel products in China and internationally. Its products include trolley cases, backpacks, suitcases, apparel, and related accessories. The company also offers sports and leisure bags; business bags; and other functional soft bags. It sells its products through e-commerce channels such as Tmall, JD.com, Dou… Read more