Qingdao Kutesmart Co Ltd Net Assets
Qingdao Kutesmart Co Ltd net assets. Based on the latest financial reports, Qingdao Kutesmart Co Ltd (300840) has net assets worth CN¥1.28 Billion CNY (≈ $186.70 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.55 Billion ≈ $226.51 Million USD) and total liabilities (CN¥272.05 Million ≈ $39.81 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 300840 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.28 Billion |
| % of Total Assets | 82.42% |
| Annual Growth Rate | 26.16% |
| 5-Year Change | 26.92% |
| 10-Year Change | 214.94% |
| Growth Volatility | 65.05 |
Net Assets of Qingdao Kutesmart Co Ltd (2015–2025)
Net assets of Qingdao Kutesmart Co Ltd from 2015 to 2025. This chart illustrates how Qingdao Kutesmart Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300840 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Qingdao Kutesmart Co Ltd (2015–2025)
The table below shows the annual net assets of Qingdao Kutesmart Co Ltd from 2015 to 2025. For live market cap and overall valuation, see Qingdao Kutesmart Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.27 Billion ≈ $186.44 Million |
+1.01% |
| 2024-12-31 | CN¥1.26 Billion ≈ $184.57 Million |
+6.93% |
| 2023-12-31 | CN¥1.18 Billion ≈ $172.61 Million |
+9.13% |
| 2022-12-31 | CN¥1.08 Billion ≈ $158.17 Million |
+7.67% |
| 2021-12-31 | CN¥1.00 Billion ≈ $146.90 Million |
+6.03% |
| 2020-12-31 | CN¥946.83 Million ≈ $138.55 Million |
+62.23% |
| 2019-12-31 | CN¥583.64 Million ≈ $85.40 Million |
+13.45% |
| 2018-12-31 | CN¥514.45 Million ≈ $75.28 Million |
+14.11% |
| 2017-12-31 | CN¥450.85 Million ≈ $65.97 Million |
+11.44% |
| 2016-12-31 | CN¥404.56 Million ≈ $59.20 Million |
+224.54% |
| 2015-12-31 | CN¥124.65 Million ≈ $18.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qingdao Kutesmart 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 996.3% over the analyzed period, indicating profitable operations and earnings retention.
Qingdao Kutesmart Co Ltd Net Assets Breakdown (December 2025)
Qingdao Kutesmart Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥555.04 Million | 43.58% |
| Other Components | CN¥718.63 Million | 56.42% |
| Total Equity | CN¥1.27 Billion | 100.00% |
Qingdao Kutesmart Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Kutesmart Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oil States International Inc
NYSE:OIS
|
$491.03 Million |
|
Ponce Financial Group Inc
NASDAQ:PDLB
|
$491.26 Million |
|
Guangdong Great River Smarter Logistics Co Ltd Class A
SHE:002930
|
$491.26 Million |
|
Hanwha General
KO:000370
|
$491.28 Million |
|
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
|
$490.61 Million |
|
WINBO-Dongjian Automotive Technology Co. Ltd.
SHE:300978
|
$490.51 Million |
|
SAMT Co. Ltd
KQ:031330
|
$490.50 Million |
|
Core Laboratories NV
NYSE:CLB
|
$490.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Kutesmart Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,261,344,646 to 1,273,671,368, a change of 12,326,722 (1.0%).
- Net income of 37,172,918 contributed positively to equity growth.
- Dividend payments of 25,073,130 reduced retained earnings.
- Other comprehensive income decreased equity by 69,759,300.
- Other factors increased equity by 69,986,234.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥37.17 Million | +2.92% |
| Dividends Paid | CN¥25.07 Million | -1.97% |
| Other Comprehensive Income | CN¥-69.76 Million | -5.48% |
| Other Changes | CN¥69.99 Million | +5.49% |
| Total Change | CN¥- | 0.98% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Kutesmart 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: 2.63x
- 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 19.34x to 2.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥0.72 | CN¥13.98 | x |
| 2016-12-31 | CN¥2.25 | CN¥13.98 | x |
| 2017-12-31 | CN¥2.54 | CN¥13.98 | x |
| 2018-12-31 | CN¥2.83 | CN¥13.98 | x |
| 2019-12-31 | CN¥3.23 | CN¥13.98 | x |
| 2020-12-31 | CN¥4.57 | CN¥13.98 | x |
| 2021-12-31 | CN¥4.25 | CN¥13.98 | x |
| 2022-12-31 | CN¥4.56 | CN¥13.98 | x |
| 2023-12-31 | CN¥4.98 | CN¥13.98 | x |
| 2024-12-31 | CN¥5.27 | CN¥13.98 | x |
| 2025-12-31 | CN¥5.31 | CN¥13.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Kutesmart 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): 2.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.66%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.19x
- Recent ROE (2.92%) is below the historical average (8.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 12.45% | 5.26% | 0.51x | 4.67x | CN¥3.02 Million |
| 2016 | 4.88% | 4.71% | 0.56x | 1.87x | CN¥-20.72 Million |
| 2017 | 12.98% | 10.03% | 0.71x | 1.82x | CN¥13.45 Million |
| 2018 | 12.36% | 10.77% | 0.70x | 1.64x | CN¥12.15 Million |
| 2019 | 11.77% | 12.83% | 0.70x | 1.31x | CN¥10.31 Million |
| 2020 | 5.03% | 7.61% | 0.55x | 1.20x | CN¥-47.06 Million |
| 2021 | 6.11% | 10.35% | 0.44x | 1.34x | CN¥-39.01 Million |
| 2022 | 7.89% | 13.84% | 0.39x | 1.46x | CN¥-22.83 Million |
| 2023 | 9.44% | 14.97% | 0.43x | 1.46x | CN¥-6.69 Million |
| 2024 | 7.03% | 12.51% | 0.45x | 1.25x | CN¥-37.50 Million |
| 2025 | 2.92% | 5.66% | 0.43x | 1.19x | CN¥-90.19 Million |
Industry Comparison
This section compares Qingdao Kutesmart Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,385,418,743
- Average return on equity (ROE) among peers: 13.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Kutesmart Co Ltd (300840) | CN¥1.28 Billion | 12.45% | 0.21x | $490.97 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $4.38 Billion | 12.74% | 0.38x | $2.18 Billion |
| Fujian Septwolves Industry Co Ltd (002029) | $330.61 Million | 10.75% | 0.22x | $881.05 Million |
| Fujian SBS Zipper Science Tech (002098) | $585.31 Million | 3.58% | 1.11x | $361.47 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $150.77 Million | 19.63% | 0.70x | $711.11 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $3.10 Billion | -13.91% | 1.24x | $452.22 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $1.36 Billion | 7.30% | 0.67x | $438.45 Million |
| Cedar Development Co Ltd (002485) | $2.01 Billion | 2.91% | 0.15x | $379.71 Million |
| Huasi Agricultural Development Co Ltd (002494) | $967.17 Million | 6.41% | 0.06x | $226.37 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $465.88 Million | 95.18% | 1.30x | $2.22 Billion |
| Zhejiang Busen Garments Co Ltd (002569) | $491.37 Million | -6.88% | 0.45x | $218.74 Million |
About Qingdao Kutesmart Co Ltd
Qingdao Kutesmart Co.,Ltd. engages in the production and sale of customized clothing China and internationally. The company operates a platform for custom apparel business, which provides garment solutions, marketing, and sales tools to tailors, designers, mtm brands, and e-commerce business. It also offers a range of men's and women's clothing; customization of uniforms; and ready-to-wear fashio… Read more