Kangxin New Materials Co Ltd
Kangxin New Materials Co., Ltd engages in the research and development, design, production, construction, and sale of wooden structure buildings in China. The company offers container flooring products, including bamboo-wood composite, bamboo mat coated COSB, wear-resistant surface COSB, coated COSB, bamboo-wood composite COSB, and solid wood multi-layer container flooring products; and forestry … Read more
Kangxin New Materials Co Ltd (600076) - Net Assets
Latest net assets as of September 2025: CN¥3.87 Billion CNY
Based on the latest financial reports, Kangxin New Materials Co Ltd (600076) has net assets worth CN¥3.87 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.73 Billion) and total liabilities (CN¥2.86 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.87 Billion |
| % of Total Assets | 57.48% |
| Annual Growth Rate | 12.09% |
| 5-Year Change | 2.48% |
| 10-Year Change | 61.35% |
| Growth Volatility | 169.81 |
Kangxin New Materials Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Kangxin New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kangxin New Materials Co Ltd (1994–2024)
The table below shows the annual net assets of Kangxin New Materials Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.10 Billion | -7.70% |
| 2023-12-31 | CN¥4.44 Billion | -5.20% |
| 2022-12-31 | CN¥4.68 Billion | -4.02% |
| 2021-12-31 | CN¥4.88 Billion | +22.02% |
| 2020-12-31 | CN¥4.00 Billion | -3.91% |
| 2019-12-31 | CN¥4.16 Billion | +9.55% |
| 2018-12-31 | CN¥3.80 Billion | +10.61% |
| 2017-12-31 | CN¥3.44 Billion | +17.31% |
| 2016-12-31 | CN¥2.93 Billion | +15.27% |
| 2015-12-31 | CN¥2.54 Billion | +926.38% |
| 2014-12-31 | CN¥247.52 Million | -5.68% |
| 2013-12-31 | CN¥262.42 Million | +21.46% |
| 2012-12-31 | CN¥216.06 Million | +21.50% |
| 2011-12-31 | CN¥177.83 Million | +27.48% |
| 2010-12-31 | CN¥139.49 Million | +50.86% |
| 2009-12-31 | CN¥92.47 Million | +17.32% |
| 2008-12-31 | CN¥78.81 Million | -33.43% |
| 2007-12-31 | CN¥118.40 Million | -76.92% |
| 2006-12-31 | CN¥512.95 Million | -2.47% |
| 2005-12-31 | CN¥525.96 Million | -36.21% |
| 2004-12-31 | CN¥824.57 Million | -22.47% |
| 2003-12-31 | CN¥1.06 Billion | +4.22% |
| 2002-12-31 | CN¥1.02 Billion | +48.73% |
| 2001-12-31 | CN¥686.14 Million | +5.22% |
| 2000-12-31 | CN¥652.11 Million | +11.43% |
| 1999-12-31 | CN¥585.21 Million | +5.15% |
| 1998-12-31 | CN¥556.56 Million | +13.34% |
| 1997-12-31 | CN¥491.04 Million | +203.15% |
| 1996-12-31 | CN¥161.98 Million | -1.47% |
| 1995-12-31 | CN¥164.39 Million | +23.06% |
| 1994-12-31 | CN¥133.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kangxin New Materials 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 16828.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.51 Billion | 37.62% |
| Common Stock | CN¥1.34 Billion | 33.54% |
| Other Components | CN¥1.16 Billion | 28.84% |
| Total Equity | CN¥4.01 Billion | 100.00% |
Kangxin New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Kangxin New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FILTRONIC PLC LS-001
F:FTI
|
$380.53 Million |
|
Vinh Son Song Hinh Hydropower JSC
VN:VSH
|
$380.55 Million |
|
Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd
SHE:002479
|
$380.59 Million |
|
Compagnie des Alpes SA
PINK:CLPIF
|
$380.80 Million |
|
MEC Company Ltd.
PINK:MECGF
|
$380.40 Million |
|
Dingli Communications Corp Ltd
SHE:300050
|
$380.27 Million |
|
Enjoyor
SHE:300020
|
$380.16 Million |
|
CellaVision AB (publ)
PINK:CLVSF
|
$380.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kangxin New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,346,041,577 to 4,008,374,556, a change of -337,667,021 (-7.8%).
- Net loss of 333,629,210 reduced equity.
- Dividend payments of 58,392,769 reduced retained earnings.
- Share repurchases of 1,995,513 reduced equity.
- Other factors increased equity by 56,350,471.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-333.63 Million | -8.32% |
| Dividends Paid | CN¥58.39 Million | -1.46% |
| Share Repurchases | CN¥2.00 Million | -0.05% |
| Other Changes | CN¥56.35 Million | +1.41% |
| Total Change | CN¥- | -7.77% |
Book Value vs Market Value Analysis
This analysis compares Kangxin New Materials 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: 1.19x
- 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 12.79x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.28 | CN¥3.56 | x |
| 1995-12-31 | CN¥0.34 | CN¥3.56 | x |
| 1996-12-31 | CN¥0.34 | CN¥3.56 | x |
| 1997-12-31 | CN¥1.02 | CN¥3.56 | x |
| 1998-12-31 | CN¥1.16 | CN¥3.56 | x |
| 1999-12-31 | CN¥1.22 | CN¥3.56 | x |
| 2000-12-31 | CN¥1.32 | CN¥3.56 | x |
| 2001-12-31 | CN¥1.37 | CN¥3.56 | x |
| 2002-12-31 | CN¥2.07 | CN¥3.56 | x |
| 2003-12-31 | CN¥2.13 | CN¥3.56 | x |
| 2004-12-31 | CN¥1.18 | CN¥3.56 | x |
| 2005-12-31 | CN¥0.60 | CN¥3.56 | x |
| 2006-12-31 | CN¥0.61 | CN¥3.56 | x |
| 2007-12-31 | CN¥0.28 | CN¥3.56 | x |
| 2008-12-31 | CN¥0.19 | CN¥3.56 | x |
| 2009-12-31 | CN¥0.28 | CN¥3.56 | x |
| 2010-12-31 | CN¥0.20 | CN¥3.56 | x |
| 2011-12-31 | CN¥0.14 | CN¥3.56 | x |
| 2012-12-31 | CN¥0.17 | CN¥3.56 | x |
| 2013-12-31 | CN¥0.37 | CN¥3.56 | x |
| 2014-12-31 | CN¥0.23 | CN¥3.56 | x |
| 2015-12-31 | CN¥4.24 | CN¥3.56 | x |
| 2016-12-31 | CN¥2.82 | CN¥3.56 | x |
| 2017-12-31 | CN¥3.27 | CN¥3.56 | x |
| 2018-12-31 | CN¥3.60 | CN¥3.56 | x |
| 2019-12-31 | CN¥3.98 | CN¥3.56 | x |
| 2020-12-31 | CN¥3.82 | CN¥3.56 | x |
| 2021-12-31 | CN¥3.60 | CN¥3.56 | x |
| 2022-12-31 | CN¥3.45 | CN¥3.56 | x |
| 2023-12-31 | CN¥3.22 | CN¥3.56 | x |
| 2024-12-31 | CN¥3.00 | CN¥3.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kangxin New Materials 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): -8.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -55.40%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.70x
- Recent ROE (-8.32%) is above the historical average (-8.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 21.70% | 9.61% | 0.75x | 3.00x | CN¥15.62 Million |
| 1995 | 18.74% | 10.15% | 0.67x | 2.75x | CN¥14.37 Million |
| 1996 | 30.83% | 14.14% | 0.74x | 2.94x | CN¥33.74 Million |
| 1997 | 12.64% | 18.26% | 0.50x | 1.39x | CN¥12.95 Million |
| 1998 | 11.77% | 19.13% | 0.46x | 1.34x | CN¥9.86 Million |
| 1999 | 6.68% | 20.55% | 0.26x | 1.27x | CN¥-19.44 Million |
| 2000 | 9.43% | 24.39% | 0.24x | 1.63x | CN¥-3.59 Million |
| 2001 | 7.36% | 13.52% | 0.23x | 2.38x | CN¥-17.41 Million |
| 2002 | 0.28% | 0.82% | 0.18x | 1.89x | CN¥-96.63 Million |
| 2003 | 0.94% | 4.01% | 0.12x | 2.01x | CN¥-92.47 Million |
| 2004 | -79.25% | -120.07% | 0.16x | 4.08x | CN¥-504.06 Million |
| 2005 | -92.17% | -100.02% | 0.13x | 6.91x | CN¥-294.90 Million |
| 2006 | 2.89% | 3.37% | 0.14x | 6.30x | CN¥-20.82 Million |
| 2007 | -149.47% | -940.74% | 0.02x | 7.24x | CN¥-165.48 Million |
| 2008 | -54.97% | -272.56% | 0.05x | 4.16x | CN¥-43.50 Million |
| 2009 | 7.05% | 45.74% | 0.05x | 3.03x | CN¥-2.41 Million |
| 2010 | -30.16% | -219.59% | 0.03x | 4.47x | CN¥-28.48 Million |
| 2011 | -43.06% | -257.17% | 0.02x | 6.83x | CN¥-26.30 Million |
| 2012 | -6.12% | -78.73% | 0.02x | 4.69x | CN¥-13.87 Million |
| 2013 | 37.72% | 381.13% | 0.02x | 4.04x | CN¥38.28 Million |
| 2014 | -8.78% | -64.60% | 0.02x | 6.17x | CN¥-23.84 Million |
| 2015 | 10.60% | 26.13% | 0.28x | 1.44x | CN¥15.36 Million |
| 2016 | 13.13% | 29.36% | 0.36x | 1.24x | CN¥91.43 Million |
| 2017 | 13.75% | 25.65% | 0.37x | 1.44x | CN¥127.23 Million |
| 2018 | 12.49% | 20.42% | 0.39x | 1.57x | CN¥93.16 Million |
| 2019 | 9.48% | 19.38% | 0.31x | 1.60x | CN¥-21.33 Million |
| 2020 | -4.12% | -15.91% | 0.14x | 1.81x | CN¥-558.00 Million |
| 2021 | 0.63% | 2.37% | 0.16x | 1.65x | CN¥-453.14 Million |
| 2022 | -4.22% | -43.88% | 0.06x | 1.54x | CN¥-660.22 Million |
| 2023 | -6.84% | -120.60% | 0.04x | 1.61x | CN¥-731.70 Million |
| 2024 | -8.32% | -55.40% | 0.09x | 1.70x | CN¥-734.47 Million |
Industry Comparison
This section compares Kangxin New Materials Co Ltd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $1,960,900,681
- Average return on equity (ROE) among peers: 3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kangxin New Materials Co Ltd (600076) | CN¥3.87 Billion | 21.70% | 0.74x | $380.51 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $567.57 Million | 10.19% | 1.05x | $2.22 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $2.16 Billion | 5.69% | 1.00x | $231.40 Million |
| Dare Technology Co Ltd (000910) | $6.33 Billion | 9.40% | 0.49x | $294.60 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $823.87 Million | 5.19% | 0.32x | $832.73 Million |
| Fujian Jinsen Forestry Co Ltd (002679) | $760.62 Million | 6.26% | 1.24x | $119.61 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $172.68 Million | -16.33% | 0.81x | $122.59 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $2.91 Billion | 5.93% | 0.32x | $212.93 Million |