Keysino Separation Technology Inc (300899) - Net Assets
Based on the latest financial reports, Keysino Separation Technology Inc (300899) has net assets worth CN¥637.67 Million CNY (≈ $93.31 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥732.81 Million ≈ $107.23 Million USD) and total liabilities (CN¥95.15 Million ≈ $13.92 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 Keysino Separation Technology Inc (300899) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥637.67 Million |
| % of Total Assets | 87.02% |
| Annual Growth Rate | 19.58% |
| 5-Year Change | -2.12% |
| 10-Year Change | N/A |
| Growth Volatility | 54.31 |
Keysino Separation Technology Inc - Net Assets Trend (2016–2025)
This chart illustrates how Keysino Separation Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore 300899 total assets for the complete picture of this company's asset base.
Annual Net Assets for Keysino Separation Technology Inc (2016–2025)
The table below shows the annual net assets of Keysino Separation Technology Inc from 2016 to 2025. For live valuation and market cap data, see 300899 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥637.67 Million ≈ $93.31 Million |
+0.56% |
| 2024-12-31 | CN¥634.10 Million ≈ $92.79 Million |
-4.03% |
| 2023-12-31 | CN¥660.71 Million ≈ $96.68 Million |
+0.08% |
| 2022-12-31 | CN¥660.19 Million ≈ $96.61 Million |
+1.34% |
| 2021-12-31 | CN¥651.44 Million ≈ $95.33 Million |
+5.21% |
| 2020-12-31 | CN¥619.18 Million ≈ $90.61 Million |
+178.19% |
| 2019-12-31 | CN¥222.57 Million ≈ $32.57 Million |
+22.36% |
| 2018-12-31 | CN¥181.90 Million ≈ $26.62 Million |
+23.28% |
| 2017-12-31 | CN¥147.56 Million ≈ $21.59 Million |
+15.65% |
| 2016-12-31 | CN¥127.59 Million ≈ $18.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Keysino Separation Technology Inc'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 363.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥155.49 Million | 24.43% |
| Other Components | CN¥481.07 Million | 75.57% |
| Total Equity | CN¥636.57 Million | 100.00% |
Keysino Separation Technology Inc Competitors by Market Cap
The table below lists competitors of Keysino Separation Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
$342.14 Million |
|
Concrete Pumping Holdings Class A
NASDAQ:BBCP
|
$342.26 Million |
|
Dhani Services Limited
NSE:DHANI
|
$342.32 Million |
|
Kinko Optical Co Ltd
TW:6209
|
$342.36 Million |
|
ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX
|
$341.86 Million |
|
Race Oncology Ltd
AU:RAC
|
$341.71 Million |
|
Gigasolar Materials
TWO:3691
|
$341.59 Million |
|
CHEMTRONICS.CO.Ltd
KQ:089010
|
$341.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keysino Separation Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 634,169,235 to 636,566,701, a change of 2,397,466 (0.4%).
- Net income of 27,235,127 contributed positively to equity growth.
- Dividend payments of 24,875,552 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.24 Million | +4.28% |
| Dividends Paid | CN¥24.88 Million | -3.91% |
| Other Changes | CN¥37.89K | +0.01% |
| Total Change | CN¥- | 0.38% |
Book Value vs Market Value Analysis
This analysis compares Keysino Separation Technology Inc'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: 3.67x
- 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 11.88x to 3.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.08 | CN¥36.65 | x |
| 2018-12-31 | CN¥3.80 | CN¥36.65 | x |
| 2019-12-31 | CN¥4.65 | CN¥36.65 | x |
| 2020-12-31 | CN¥9.71 | CN¥36.65 | x |
| 2021-12-31 | CN¥10.21 | CN¥36.65 | x |
| 2022-12-31 | CN¥10.35 | CN¥36.65 | x |
| 2023-12-31 | CN¥10.36 | CN¥36.65 | x |
| 2024-12-31 | CN¥9.94 | CN¥36.65 | x |
| 2025-12-31 | CN¥9.98 | CN¥36.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keysino Separation Technology Inc 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): 4.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.08%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.15x
- Recent ROE (4.28%) is below the historical average (11.30%), 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 | 19.00% | 26.12% | 0.56x | 1.30x | CN¥11.48 Million |
| 2017 | 19.30% | 23.85% | 0.64x | 1.26x | CN¥13.72 Million |
| 2018 | 23.33% | 21.59% | 0.57x | 1.89x | CN¥24.26 Million |
| 2019 | 26.38% | 22.51% | 0.85x | 1.37x | CN¥36.44 Million |
| 2020 | 7.09% | 23.18% | 0.27x | 1.11x | CN¥-18.03 Million |
| 2021 | 7.38% | 21.09% | 0.32x | 1.09x | CN¥-17.08 Million |
| 2022 | 4.15% | 17.76% | 0.22x | 1.08x | CN¥-38.65 Million |
| 2023 | 2.36% | 12.50% | 0.17x | 1.10x | CN¥-50.49 Million |
| 2024 | -0.26% | -2.02% | 0.10x | 1.25x | CN¥-65.06 Million |
| 2025 | 4.28% | 13.08% | 0.28x | 1.15x | CN¥-36.42 Million |
Industry Comparison
This section compares Keysino Separation Technology Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keysino Separation Technology Inc (300899) | CN¥637.67 Million | 19.00% | 0.15x | $342.07 Million |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Keysino Separation Technology Inc
Keysino Separation Technology Inc. engages in the research, development, and application of membrane separation technology in China and internationally. The company offers wastewater solutions, including industrial wastewater standard discharge and reuse, salt control discharge, high salinity wastewater zero liquid discharge, and wastewater plant upgrading; feedwater solutions comprising softened… Read more