Ningbo Kbe Electrical Technology Co Net Assets
Ningbo Kbe Electrical Technology Co net assets. Based on the latest financial reports, Ningbo Kbe Electrical Technology Co (300863) has net assets worth CN¥1.45 Billion CNY (≈ $212.17 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¥5.03 Billion ≈ $736.07 Million USD) and total liabilities (CN¥3.58 Billion ≈ $523.90 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 Ningbo Kbe Electrical Technology Co 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¥1.45 Billion |
| % of Total Assets | 28.82% |
| Annual Growth Rate | 36.13% |
| 5-Year Change | 110.39% |
| 10-Year Change | N/A |
| Growth Volatility | 39.03 |
Net Assets of Ningbo Kbe Electrical Technology Co (2016–2025)
Net assets of Ningbo Kbe Electrical Technology Co from 2016 to 2025. This chart illustrates how Ningbo Kbe Electrical Technology Co's net assets have evolved over time, based on quarterly financial data. See how leveraged is Ningbo Kbe Electrical Technology Co's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Ningbo Kbe Electrical Technology Co (2016–2025)
The table below shows the annual net assets of Ningbo Kbe Electrical Technology Co from 2016 to 2025. For live market cap and overall valuation, see market cap of Ningbo Kbe Electrical Technology Co.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.39 Billion ≈ $203.97 Million |
+3.78% |
| 2024-12-31 | CN¥1.34 Billion ≈ $196.54 Million |
+10.99% |
| 2023-12-31 | CN¥1.21 Billion ≈ $177.08 Million |
+53.65% |
| 2022-12-31 | CN¥787.55 Million ≈ $115.24 Million |
+18.87% |
| 2021-12-31 | CN¥662.53 Million ≈ $96.95 Million |
+14.18% |
| 2020-12-31 | CN¥580.24 Million ≈ $84.91 Million |
+86.30% |
| 2019-12-31 | CN¥311.45 Million ≈ $45.57 Million |
+24.03% |
| 2018-12-31 | CN¥251.10 Million ≈ $36.74 Million |
+26.94% |
| 2017-12-31 | CN¥197.81 Million ≈ $28.95 Million |
+127.72% |
| 2016-12-31 | CN¥86.87 Million ≈ $12.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo Kbe Electrical Technology Co'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 2103.1% over the analyzed period, indicating profitable operations and earnings retention.
Ningbo Kbe Electrical Technology Co Net Assets Breakdown (December 2025)
Ningbo Kbe Electrical Technology Co net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥731.04 Million | 52.45% |
| Other Components | CN¥662.85 Million | 47.55% |
| Total Equity | CN¥1.39 Billion | 100.00% |
Ningbo Kbe Electrical Technology Co Competitors by Market Cap
The table below lists competitors of Ningbo Kbe Electrical Technology Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Zhidemai Technology
SHE:300785
|
$853.76 Million |
|
BeiJing Certificate Authority Co Ltd
SHE:300579
|
$853.80 Million |
|
Gujarat Pipavav Port Limited
NSE:GPPL
|
$853.93 Million |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346
|
$854.23 Million |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
$853.17 Million |
|
Villar
TA:VILR
|
$852.93 Million |
|
Zhejiang Ausun Pharmaceutical Co Ltd
SHG:603229
|
$852.92 Million |
|
Sichuan Xunyou Network Technology Co Ltd
SHE:300467
|
$852.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Kbe Electrical Technology Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,343,119,808 to 1,393,890,803, a change of 50,770,995 (3.8%).
- Net income of 119,388,705 contributed positively to equity growth.
- Dividend payments of 93,724,243 reduced retained earnings.
- Other comprehensive income decreased equity by 15,682,225.
- Other factors increased equity by 40,788,759.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥119.39 Million | +8.57% |
| Dividends Paid | CN¥93.72 Million | -6.72% |
| Other Comprehensive Income | CN¥-15.68 Million | -1.13% |
| Other Changes | CN¥40.79 Million | +2.93% |
| Total Change | CN¥- | 3.78% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Kbe Electrical Technology Co'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: 4.19x
- 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 40.02x to 4.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥0.77 | CN¥31.00 | x |
| 2017-12-31 | CN¥1.67 | CN¥31.00 | x |
| 2018-12-31 | CN¥2.06 | CN¥31.00 | x |
| 2019-12-31 | CN¥2.56 | CN¥31.00 | x |
| 2020-12-31 | CN¥4.29 | CN¥31.00 | x |
| 2021-12-31 | CN¥4.07 | CN¥31.00 | x |
| 2022-12-31 | CN¥4.85 | CN¥31.00 | x |
| 2023-12-31 | CN¥7.08 | CN¥31.00 | x |
| 2024-12-31 | CN¥7.72 | CN¥31.00 | x |
| 2025-12-31 | CN¥7.41 | CN¥31.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Kbe Electrical Technology Co 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): 8.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.95%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 3.22x
- Recent ROE (8.57%) is below the historical average (18.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 45.22% | 5.57% | 1.38x | 5.88x | CN¥30.54 Million |
| 2017 | 25.02% | 4.99% | 1.70x | 2.96x | CN¥29.71 Million |
| 2018 | 24.75% | 5.82% | 1.95x | 2.19x | CN¥37.03 Million |
| 2019 | 19.38% | 6.61% | 1.40x | 2.09x | CN¥29.20 Million |
| 2020 | 9.12% | 4.19% | 1.06x | 2.06x | CN¥-5.12 Million |
| 2021 | 13.03% | 3.81% | 1.05x | 3.25x | CN¥20.09 Million |
| 2022 | 17.78% | 4.75% | 1.24x | 3.03x | CN¥61.30 Million |
| 2023 | 13.71% | 4.81% | 1.23x | 2.33x | CN¥44.93 Million |
| 2024 | 12.04% | 4.43% | 0.97x | 2.79x | CN¥27.34 Million |
| 2025 | 8.57% | 2.95% | 0.90x | 3.22x | CN¥-20.00 Million |
Industry Comparison
This section compares Ningbo Kbe Electrical Technology Co's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $3,253,610,849
- Average return on equity (ROE) among peers: 0.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Kbe Electrical Technology Co (300863) | CN¥1.45 Billion | 45.22% | 2.47x | $853.62 Million |
| FAWER Automotive Parts Ltd Co (000030) | $726.12 Million | 16.16% | 1.31x | $895.47 Million |
| Wanxiang Qianchao Co Ltd (000559) | $1.86 Billion | 8.12% | 0.67x | $5.96 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $20.86 Billion | 5.12% | 0.42x | $2.02 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $810.12 Million | -9.48% | 1.97x | $939.54 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.73 Billion | -20.59% | 4.27x | $1.61 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-104.62 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.58% | 1.04x | $1.36 Billion |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.31 Billion | -8.49% | 2.61x | $1.76 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.72 Billion | -3.81% | 0.56x | $293.10 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $1.53 Billion | 19.40% | 1.00x | $3.16 Billion |
About Ningbo Kbe Electrical Technology Co
Ningbo KBE Electrical Technology Co.,Ltd. provides automotive cable products and services in China and internationally. The company offers EV, data, and aluminum cables, as well as German, Japanese, American, ISO, and Chinese standard products. Its products include common wires, special materials, sheathed cables, shield cables, insulation low tension wires, multi-core sheath cables, and compress… Read more