Guangdong Kitech New Material Holding Co.Ltd. (300995) - Net Assets
Based on the latest financial reports, Guangdong Kitech New Material Holding Co.Ltd. (300995) has net assets worth CN¥624.87 Million CNY (≈ $91.44 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥807.72 Million ≈ $118.19 Million USD) and total liabilities (CN¥182.85 Million ≈ $26.76 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 Guangdong Kitech New Material Holding Co (300995) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥624.87 Million |
| % of Total Assets | 77.36% |
| Annual Growth Rate | 17.3% |
| 5-Year Change | 71.24% |
| 10-Year Change | N/A |
| Growth Volatility | 30.2 |
Guangdong Kitech New Material Holding Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Guangdong Kitech New Material Holding Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Kitech New Material Holding Co total assets for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Kitech New Material Holding Co.Ltd. (2019–2024)
The table below shows the annual net assets of Guangdong Kitech New Material Holding Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see Guangdong Kitech New Material Holding Co (300995) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥626.40 Million ≈ $91.66 Million |
-1.38% |
| 2023-12-31 | CN¥635.19 Million ≈ $92.95 Million |
-0.22% |
| 2022-12-31 | CN¥636.59 Million ≈ $93.15 Million |
-1.20% |
| 2021-12-31 | CN¥644.31 Million ≈ $94.28 Million |
+76.14% |
| 2020-12-31 | CN¥365.80 Million ≈ $53.53 Million |
+29.74% |
| 2019-12-31 | CN¥281.95 Million ≈ $41.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Kitech New Material Holding 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 100.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥139.95 Million | 22.38% |
| Other Components | CN¥485.43 Million | 77.62% |
| Total Equity | CN¥625.38 Million | 100.00% |
Guangdong Kitech New Material Holding Co.Ltd. Competitors by Market Cap
The table below lists competitors of Guangdong Kitech New Material Holding Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fulgent Genetics Inc
NASDAQ:FLGT
|
$436.79 Million |
|
Jiangsu Canopus Wisdom Medical Technology Co. Ltd. A
SHE:301290
|
$436.82 Million |
|
Ependion AB
ST:EPEN
|
$436.84 Million |
|
Weave Communications Inc
NYSE:WEAV
|
$436.94 Million |
|
Caledonia Mining Corporation
NYSE MKT:CMCL
|
$436.67 Million |
|
Shanghai Karon Eco-Valve Manufacturing Co. Ltd.
SHE:301151
|
$436.50 Million |
|
Jiangsu Tianmu Lake Tourism Co Ltd
SHG:603136
|
$436.39 Million |
|
Adesso SE
XETRA:ADN1
|
$436.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Kitech New Material Holding Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 634,325,425 to 625,382,287, a change of -8,943,138 (-1.4%).
- Net income of 8,686,960 contributed positively to equity growth.
- Dividend payments of 11,215,431 reduced retained earnings.
- Other factors decreased equity by 6,414,667.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.69 Million | +1.39% |
| Dividends Paid | CN¥11.22 Million | -1.79% |
| Other Changes | CN¥-6.41 Million | -1.03% |
| Total Change | CN¥- | -1.41% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Kitech New Material Holding 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: 4.77x
- 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 8.05x to 4.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥4.41 | CN¥35.47 | x |
| 2020-12-31 | CN¥5.74 | CN¥35.47 | x |
| 2021-12-31 | CN¥7.63 | CN¥35.47 | x |
| 2022-12-31 | CN¥7.55 | CN¥35.47 | x |
| 2023-12-31 | CN¥7.54 | CN¥35.47 | x |
| 2024-12-31 | CN¥7.43 | CN¥35.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Kitech New Material Holding 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): 1.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.51%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.31x
- Recent ROE (1.39%) is below the historical average (8.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 18.41% | 19.02% | 0.76x | 1.27x | CN¥23.41 Million |
| 2020 | 23.20% | 23.30% | 0.73x | 1.37x | CN¥47.82 Million |
| 2021 | 5.03% | 10.11% | 0.40x | 1.24x | CN¥-31.91 Million |
| 2022 | 2.32% | 5.75% | 0.34x | 1.20x | CN¥-48.84 Million |
| 2023 | 1.27% | 2.84% | 0.35x | 1.27x | CN¥-55.40 Million |
| 2024 | 1.39% | 2.51% | 0.42x | 1.31x | CN¥-53.85 Million |
Industry Comparison
This section compares Guangdong Kitech New Material Holding Co.Ltd.'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Kitech New Material Holding Co.Ltd. (300995) | CN¥624.87 Million | 18.41% | 0.29x | $436.75 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Guangdong Kitech New Material Holding Co.Ltd.
Guangdong Kitech New Material Holding Co.,Ltd. engages in the research and development, manufacture, and sale of polymer modified plastics in the People's Republic of China. It offers nylon and polypropylene composites, as well as alloy, long glass fiber reinforced, and other products. The company is also involved in the precision injection molding, precision mold design and development, plastic … Read more