Kale Environmental Technology (Shanghai) Corporation (301070) - Net Assets
Based on the latest financial reports, Kale Environmental Technology (Shanghai) Corporation (301070) has net assets worth CN¥769.56 Million CNY (≈ $112.61 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¥926.71 Million ≈ $135.61 Million USD) and total liabilities (CN¥157.14 Million ≈ $22.99 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 how resilient are Kale Environmental Technology (Shanghai)'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥769.56 Million |
| % of Total Assets | 83.04% |
| Annual Growth Rate | 22.09% |
| 5-Year Change | 121.67% |
| 10-Year Change | N/A |
| Growth Volatility | 49.36 |
Kale Environmental Technology (Shanghai) Corporation - Net Assets Trend (2019–2024)
This chart illustrates how Kale Environmental Technology (Shanghai) Corporation's net assets have evolved over time, based on quarterly financial data. Also explore how large is Kale Environmental Technology (Shanghai)'s balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Kale Environmental Technology (Shanghai) Corporation (2019–2024)
The table below shows the annual net assets of Kale Environmental Technology (Shanghai) Corporation from 2019 to 2024. For live valuation and market cap data, see Kale Environmental Technology (Shanghai) (301070) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥774.69 Million ≈ $113.36 Million |
-5.69% |
| 2023-12-31 | CN¥821.47 Million ≈ $120.21 Million |
+3.87% |
| 2022-12-31 | CN¥790.87 Million ≈ $115.73 Million |
+0.00% |
| 2021-12-31 | CN¥790.84 Million ≈ $115.73 Million |
+126.29% |
| 2020-12-31 | CN¥349.48 Million ≈ $51.14 Million |
+22.45% |
| 2019-12-31 | CN¥285.41 Million ≈ $41.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kale Environmental Technology (Shanghai) Corporation'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 51.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥258.52 Million | 33.18% |
| Other Components | CN¥520.65 Million | 66.82% |
| Total Equity | CN¥779.16 Million | 100.00% |
Kale Environmental Technology (Shanghai) Corporation Competitors by Market Cap
The table below lists competitors of Kale Environmental Technology (Shanghai) Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Array Technologies Inc
NASDAQ:ARRY
|
$1.20 Billion |
|
Lotte Fine Chemical Co Ltd
KO:004000
|
$1.20 Billion |
|
Honasa Consumer Limited
NSE:HONASA
|
$1.20 Billion |
|
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
|
$1.20 Billion |
|
Bonheur
OL:BONHR
|
$1.20 Billion |
|
Jiangsu Shentong Valve Co Ltd
SHE:002438
|
$1.20 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
$1.20 Billion |
|
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
|
$1.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kale Environmental Technology (Shanghai) Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 816,061,537 to 779,163,823, a change of -36,897,714 (-4.5%).
- Net loss of 10,530,566 reduced equity.
- Dividend payments of 27,762,927 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-10.53 Million | -1.35% |
| Dividends Paid | CN¥27.76 Million | -3.56% |
| Other Changes | CN¥1.40 Million | +0.18% |
| Total Change | CN¥- | -4.52% |
Book Value vs Market Value Analysis
This analysis compares Kale Environmental Technology (Shanghai) Corporation'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: 10.52x
- 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 15.52x to 10.52x 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¥5.84 | CN¥90.68 | x |
| 2020-12-31 | CN¥7.16 | CN¥90.68 | x |
| 2021-12-31 | CN¥8.71 | CN¥90.68 | x |
| 2022-12-31 | CN¥8.67 | CN¥90.68 | x |
| 2023-12-31 | CN¥9.03 | CN¥90.68 | x |
| 2024-12-31 | CN¥8.62 | CN¥90.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kale Environmental Technology (Shanghai) Corporation 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): -1.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.18%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.23x
- Recent ROE (-1.35%) is below the historical average (9.01%), 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 | 23.21% | 22.05% | 0.79x | 1.33x | CN¥37.35 Million |
| 2020 | 18.26% | 22.52% | 0.67x | 1.21x | CN¥28.61 Million |
| 2021 | 6.84% | 15.67% | 0.38x | 1.16x | CN¥-24.89 Million |
| 2022 | 3.84% | 9.90% | 0.32x | 1.22x | CN¥-48.22 Million |
| 2023 | 3.29% | 7.29% | 0.35x | 1.29x | CN¥-54.75 Million |
| 2024 | -1.35% | -3.18% | 0.35x | 1.23x | CN¥-88.45 Million |
Industry Comparison
This section compares Kale Environmental Technology (Shanghai) Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kale Environmental Technology (Shanghai) Corporation (301070) | CN¥769.56 Million | 23.21% | 0.20x | $1.20 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Kale Environmental Technology (Shanghai) Corporation
Kale Environment Technology (Shanghai) Co., Ltd. researches, develops, manufactures, sells, and services industrial ceiling fans in China. It offers high volume low speed fans for use in workshops, warehousing and logistics, and public places. The company was incorporated in 2010 and is based in Shanghai, China.