Keshun Waterproof Technologies Co Ltd Class A (300737) - Net Assets
Based on the latest financial reports, Keshun Waterproof Technologies Co Ltd Class A (300737) has net assets worth CN¥4.59 Billion CNY (≈ $671.33 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¥15.00 Billion ≈ $2.20 Billion USD) and total liabilities (CN¥10.41 Billion ≈ $1.52 Billion 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 300737 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.59 Billion |
| % of Total Assets | 30.58% |
| Annual Growth Rate | 35.58% |
| 5-Year Change | 19.89% |
| 10-Year Change | 789.67% |
| Growth Volatility | 43.8 |
Keshun Waterproof Technologies Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Keshun Waterproof Technologies Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 300737 asset base for the complete picture of this company's asset base.
Annual Net Assets for Keshun Waterproof Technologies Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Keshun Waterproof Technologies Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see Keshun Waterproof Technologies Co Ltd Cl market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.98 Billion ≈ $728.51 Million |
-2.67% |
| 2023-12-31 | CN¥5.12 Billion ≈ $748.51 Million |
-8.95% |
| 2022-12-31 | CN¥5.62 Billion ≈ $822.07 Million |
+13.08% |
| 2021-12-31 | CN¥4.97 Billion ≈ $726.96 Million |
+19.64% |
| 2020-12-31 | CN¥4.15 Billion ≈ $607.64 Million |
+31.89% |
| 2019-12-31 | CN¥3.15 Billion ≈ $460.73 Million |
+8.20% |
| 2018-12-31 | CN¥2.91 Billion ≈ $425.81 Million |
+101.64% |
| 2017-12-31 | CN¥1.44 Billion ≈ $211.17 Million |
+14.73% |
| 2016-12-31 | CN¥1.26 Billion ≈ $184.05 Million |
+124.77% |
| 2015-12-31 | CN¥559.59 Million ≈ $81.89 Million |
+73.77% |
| 2014-12-31 | CN¥322.03 Million ≈ $47.12 Million |
+84.12% |
| 2013-12-31 | CN¥174.90 Million ≈ $25.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Keshun Waterproof Technologies Co Ltd Class A'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 2506.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.84 Billion | 37.54% |
| Common Stock | CN¥1.11 Billion | 22.68% |
| Other Comprehensive Income | CN¥347.53 Million | 7.10% |
| Other Components | CN¥1.60 Billion | 32.67% |
| Total Equity | CN¥4.89 Billion | 100.00% |
Keshun Waterproof Technologies Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Keshun Waterproof Technologies Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MillerKnoll Inc
NASDAQ:MLKN
|
$1.11 Billion |
|
Critical Metals Corp. Ordinary Shares
NASDAQ:CRML
|
$1.11 Billion |
|
SANDUR MANGANESE AND IRON ORES LTD
NSE:SANDUMA
|
$1.11 Billion |
|
Zhenjiang Dongfang Electric Heat
SHE:300217
|
$1.11 Billion |
|
Instalco Intressenter AB
ST:INSTAL
|
$1.11 Billion |
|
Jiangsu Asia Pacific Light Alloy Technology Co Ltd
SHE:002540
|
$1.11 Billion |
|
Olectra Greentech Limited
NSE:OLECTRA
|
$1.11 Billion |
|
Alma Media Oyj
HE:ALMA
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keshun Waterproof Technologies Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,033,823,848 to 4,893,915,983, a change of -139,907,865 (-2.8%).
- Net income of 44,071,003 contributed positively to equity growth.
- Dividend payments of 135,057,204 reduced retained earnings.
- Share repurchases of 130,162,887 reduced equity.
- Other comprehensive income increased equity by 371,901,247.
- Other factors decreased equity by 290,660,024.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥44.07 Million | +0.9% |
| Dividends Paid | CN¥135.06 Million | -2.76% |
| Share Repurchases | CN¥130.16 Million | -2.66% |
| Other Comprehensive Income | CN¥371.90 Million | +7.6% |
| Other Changes | CN¥-290.66 Million | -5.94% |
| Total Change | CN¥- | -2.78% |
Book Value vs Market Value Analysis
This analysis compares Keshun Waterproof Technologies Co Ltd Class A'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: 1.53x
- 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 18.47x to 1.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.37 | CN¥6.81 | x |
| 2014-12-31 | CN¥0.55 | CN¥6.81 | x |
| 2015-12-31 | CN¥0.83 | CN¥6.81 | x |
| 2016-12-31 | CN¥1.66 | CN¥6.81 | x |
| 2017-12-31 | CN¥1.77 | CN¥6.81 | x |
| 2018-12-31 | CN¥2.71 | CN¥6.81 | x |
| 2019-12-31 | CN¥2.93 | CN¥6.81 | x |
| 2020-12-31 | CN¥3.82 | CN¥6.81 | x |
| 2021-12-31 | CN¥4.37 | CN¥6.81 | x |
| 2022-12-31 | CN¥4.83 | CN¥6.81 | x |
| 2023-12-31 | CN¥4.32 | CN¥6.81 | x |
| 2024-12-31 | CN¥4.44 | CN¥6.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keshun Waterproof Technologies Co Ltd Class A 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): 0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.65%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.87x
- Recent ROE (0.90%) is below the historical average (13.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 22.60% | 4.76% | 1.11x | 4.28x | CN¥22.04 Million |
| 2014 | 24.40% | 7.42% | 1.12x | 2.94x | CN¥46.36 Million |
| 2015 | 29.47% | 13.75% | 0.91x | 2.36x | CN¥108.94 Million |
| 2016 | 21.02% | 17.95% | 0.71x | 1.64x | CN¥138.67 Million |
| 2017 | 15.08% | 10.68% | 0.80x | 1.76x | CN¥73.37 Million |
| 2018 | 6.37% | 5.98% | 0.63x | 1.69x | CN¥-105.73 Million |
| 2019 | 11.54% | 7.81% | 0.78x | 1.90x | CN¥48.51 Million |
| 2020 | 21.44% | 14.27% | 0.77x | 1.96x | CN¥475.09 Million |
| 2021 | 13.54% | 8.66% | 0.72x | 2.17x | CN¥175.83 Million |
| 2022 | 3.17% | 2.33% | 0.61x | 2.25x | CN¥-383.44 Million |
| 2023 | -6.71% | -4.28% | 0.57x | 2.74x | CN¥-840.98 Million |
| 2024 | 0.90% | 0.65% | 0.49x | 2.87x | CN¥-445.32 Million |
Industry Comparison
This section compares Keshun Waterproof Technologies Co Ltd Class A's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,178,306,039
- Average return on equity (ROE) among peers: 10.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keshun Waterproof Technologies Co Ltd Class A (300737) | CN¥4.59 Billion | 22.60% | 2.27x | $1.11 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.81 Billion | 5.56% | 1.48x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $505.75 Million | 22.40% | 1.18x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.48 Billion | 3.69% | 0.56x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $54.34 Million | 16.98% | 1.99x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $610.23 Million | -19.65% | 0.75x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $2.00 Billion | 8.28% | 0.37x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $176.24 Million | 15.53% | 0.23x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $768.33 Million | 5.42% | 4.18x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $423.45 Million | 10.96% | 0.24x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $2.95 Billion | 30.81% | 1.19x | $4.87 Billion |
About Keshun Waterproof Technologies Co Ltd Class A
Keshun Waterproof Technolgies Co.,Ltd. engages in the research and development, production, and sale of new building waterproof materials. It offers waterproofing membranes, waterproof coatings, seismic isolation products, wall system, sealing material, construction auxiliary materials, system solutions, bridges and tunnels equipment, and waterproofing engineering construction. The company also p… Read more