Shenzhen Kangtai Biological Products Co Ltd

SHE:300601 China Drug Manufacturers - Specialty & Generic
Market Cap
$2.17 Billion
CN¥15.94 Billion CNY
Market Cap Rank
#6612 Global
#1023 in China
Share Price
CN¥14.27
Change (1 day)
+0.35%
52-Week Range
CN¥13.54 - CN¥20.49
All Time High
CN¥148.10
About

Shenzhen Kangtai Biological Products Co., Ltd. researches and develops, produces, and sells various types of human vaccines in China. The company's marketed vaccines include 13-valent pneumococcal polysaccharide conjugate vaccine, varicella vaccine, freeze-dried, hepatitis B vaccine, inflammatory vaccine, 23-valent pneumococcal polysaccharide vaccine, DTAP/HIB combined vaccine, diphtheria, tetanu… Read more

Shenzhen Kangtai Biological Products Co Ltd (300601) - Net Assets

Latest net assets as of September 2025: CN¥9.61 Billion CNY

Based on the latest financial reports, Shenzhen Kangtai Biological Products Co Ltd (300601) has net assets worth CN¥9.61 Billion 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¥14.13 Billion) and total liabilities (CN¥4.52 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¥9.61 Billion
% of Total Assets 67.99%
Annual Growth Rate 29.58%
5-Year Change 29.44%
10-Year Change 1392.93%
Growth Volatility 47.87

Shenzhen Kangtai Biological Products Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Shenzhen Kangtai Biological Products 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 Shenzhen Kangtai Biological Products Co Ltd (2012–2024)

The table below shows the annual net assets of Shenzhen Kangtai Biological Products Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.66 Billion +1.25%
2023-12-31 CN¥9.54 Billion +6.19%
2022-12-31 CN¥8.99 Billion -1.98%
2021-12-31 CN¥9.17 Billion +22.82%
2020-12-31 CN¥7.46 Billion +170.98%
2019-12-31 CN¥2.75 Billion +50.28%
2018-12-31 CN¥1.83 Billion +71.13%
2017-12-31 CN¥1.07 Billion +45.72%
2016-12-31 CN¥735.00 Million +13.58%
2015-12-31 CN¥647.12 Million +10.84%
2014-12-31 CN¥583.81 Million +56.87%
2013-12-31 CN¥372.17 Million -13.69%
2012-12-31 CN¥431.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Kangtai Biological Products 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 4422.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.18 Billion 22.52%
Common Stock CN¥1.12 Billion 11.56%
Other Comprehensive Income CN¥3.28 Billion 33.93%
Other Components CN¥3.09 Billion 31.99%
Total Equity CN¥9.66 Billion 100.00%

Shenzhen Kangtai Biological Products Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Kangtai Biological Products Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Kangtai Biological Products Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,541,685,306 to 9,661,123,922, a change of 119,438,616 (1.3%).
  • Net income of 201,652,296 contributed positively to equity growth.
  • Dividend payments of 256,620,086 reduced retained earnings.
  • Other comprehensive income increased equity by 160,334,280.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥201.65 Million +2.09%
Dividends Paid CN¥256.62 Million -2.66%
Other Comprehensive Income CN¥160.33 Million +1.66%
Other Changes CN¥14.07 Million +0.15%
Total Change CN¥- 1.25%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Kangtai Biological Products 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: 1.65x
  • 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 30.26x to 1.65x 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¥0.47 CN¥14.27 x
2013-12-31 CN¥0.41 CN¥14.27 x
2014-12-31 CN¥0.70 CN¥14.27 x
2015-12-31 CN¥0.73 CN¥14.27 x
2016-12-31 CN¥0.82 CN¥14.27 x
2017-12-31 CN¥1.09 CN¥14.27 x
2018-12-31 CN¥1.84 CN¥14.27 x
2019-12-31 CN¥2.70 CN¥14.27 x
2020-12-31 CN¥6.94 CN¥14.27 x
2021-12-31 CN¥8.25 CN¥14.27 x
2022-12-31 CN¥8.12 CN¥14.27 x
2023-12-31 CN¥8.53 CN¥14.27 x
2024-12-31 CN¥8.62 CN¥14.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Kangtai Biological Products 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): 2.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.60%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 1.51x
  • Recent ROE (2.09%) is below the historical average (9.77%), 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 2.65% 9.35% 0.11x 2.64x CN¥-31.67 Million
2013 0.41% 0.60% 0.23x 2.97x CN¥-35.71 Million
2014 5.34% 10.27% 0.23x 2.30x CN¥-27.22 Million
2015 9.71% 13.88% 0.34x 2.06x CN¥-1.89 Million
2016 11.73% 15.62% 0.34x 2.18x CN¥12.71 Million
2017 20.05% 18.49% 0.53x 2.06x CN¥107.60 Million
2018 23.77% 21.60% 0.60x 1.82x CN¥252.41 Million
2019 20.86% 29.56% 0.49x 1.44x CN¥299.08 Million
2020 9.10% 30.04% 0.24x 1.28x CN¥-67.16 Million
2021 13.78% 34.59% 0.26x 1.54x CN¥346.70 Million
2022 -1.48% -4.20% 0.23x 1.53x CN¥-1.03 Billion
2023 9.03% 24.77% 0.23x 1.58x CN¥-92.86 Million
2024 2.09% 7.60% 0.18x 1.51x CN¥-764.46 Million

Industry Comparison

This section compares Shenzhen Kangtai Biological Products Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $2,123,990,643
  • Average return on equity (ROE) among peers: -0.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Kangtai Biological Products Co Ltd (300601) CN¥9.61 Billion 2.65% 0.47x $1.19 Billion
Shenzhen Neptunus Bioengineering Co Ltd (000078) $6.47 Billion 9.88% 3.77x $616.08 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153) $1.18 Billion 2.74% 0.95x $320.56 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423) $10.33 Billion 15.07% 0.27x $3.03 Billion
Wedge Industrial Co Ltd (000534) $298.72 Million 1.96% 0.38x $1.77 Billion
Yunnan Baiyao Group Co Ltd (000538) $35.11 Million 18.13% 0.80x $5.62 Billion
Hainan Haiyao Co Ltd (000566) $353.98 Million -9.58% 0.80x $702.18 Million
Tus Pharmaceutical Group Co Ltd (000590) $269.51 Million -61.02% 1.05x $317.08 Million
Northeast Pharmaceutical Group Co Ltd (000597) $927.49 Million 2.65% 1.38x $425.60 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623) $1.11 Billion 7.32% 0.29x $2.05 Billion
Renhe Pharmacy Co Ltd (000650) $261.49 Million 10.60% 0.82x $777.45 Million