Kangxin New Materials Co Ltd (600076) - Net Assets

Latest as of March 2026: CN¥3.62 Billion CNY ≈ $529.32 Million USD

Based on the latest financial reports, Kangxin New Materials Co Ltd (600076) has net assets worth CN¥3.62 Billion CNY (≈ $529.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.61 Billion ≈ $967.25 Million USD) and total liabilities (CN¥2.99 Billion ≈ $437.93 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 tangible is Kangxin New Materials Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.62 Billion
% of Total Assets 54.72%
Annual Growth Rate 11.28%
5-Year Change -24.83%
10-Year Change 25.28%
Growth Volatility 167.3

Kangxin New Materials Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Kangxin New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See Kangxin New Materials Co Ltd (600076) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Kangxin New Materials Co Ltd (1994–2025)

The table below shows the annual net assets of Kangxin New Materials Co Ltd from 1994 to 2025. For live valuation and market cap data, see Kangxin New Materials Co Ltd (600076) total market value.

Year Net Assets Change
2025-12-31 CN¥3.67 Billion
≈ $536.85 Million		 -10.50%
2024-12-31 CN¥4.10 Billion
≈ $599.85 Million		 -7.70%
2023-12-31 CN¥4.44 Billion
≈ $649.87 Million		 -5.20%
2022-12-31 CN¥4.68 Billion
≈ $685.53 Million		 -4.02%
2021-12-31 CN¥4.88 Billion
≈ $714.21 Million		 +22.02%
2020-12-31 CN¥4.00 Billion
≈ $585.33 Million		 -3.91%
2019-12-31 CN¥4.16 Billion
≈ $609.15 Million		 +9.55%
2018-12-31 CN¥3.80 Billion
≈ $556.03 Million		 +10.61%
2017-12-31 CN¥3.44 Billion
≈ $502.70 Million		 +17.31%
2016-12-31 CN¥2.93 Billion
≈ $428.51 Million		 +15.27%
2015-12-31 CN¥2.54 Billion
≈ $371.76 Million		 +926.38%
2014-12-31 CN¥247.52 Million
≈ $36.22 Million		 -5.68%
2013-12-31 CN¥262.42 Million
≈ $38.40 Million		 +21.46%
2012-12-31 CN¥216.06 Million
≈ $31.62 Million		 +21.50%
2011-12-31 CN¥177.83 Million
≈ $26.02 Million		 +27.48%
2010-12-31 CN¥139.49 Million
≈ $20.41 Million		 +50.86%
2009-12-31 CN¥92.47 Million
≈ $13.53 Million		 +17.32%
2008-12-31 CN¥78.81 Million
≈ $11.53 Million		 -33.43%
2007-12-31 CN¥118.40 Million
≈ $17.33 Million		 -76.92%
2006-12-31 CN¥512.95 Million
≈ $75.06 Million		 -2.47%
2005-12-31 CN¥525.96 Million
≈ $76.96 Million		 -36.21%
2004-12-31 CN¥824.57 Million
≈ $120.66 Million		 -22.47%
2003-12-31 CN¥1.06 Billion
≈ $155.63 Million		 +4.22%
2002-12-31 CN¥1.02 Billion
≈ $149.33 Million		 +48.73%
2001-12-31 CN¥686.14 Million
≈ $100.40 Million		 +5.22%
2000-12-31 CN¥652.11 Million
≈ $95.42 Million		 +11.43%
1999-12-31 CN¥585.21 Million
≈ $85.63 Million		 +5.15%
1998-12-31 CN¥556.56 Million
≈ $81.44 Million		 +13.34%
1997-12-31 CN¥491.04 Million
≈ $71.85 Million		 +203.15%
1996-12-31 CN¥161.98 Million
≈ $23.70 Million		 -1.47%
1995-12-31 CN¥164.39 Million
≈ $24.06 Million		 +23.06%
1994-12-31 CN¥133.58 Million
≈ $19.55 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 12460.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥1.12 Billion 30.98%
Other Components CN¥2.49 Billion 69.02%
Total Equity CN¥3.61 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
Guizhou Chitianhua Co Ltd
SHG:600227
 $627.67 Million
Invengo Information Technology Co Ltd
SHE:002161
 $627.85 Million
Jiangsu SINOJIT Wind Energy Technology Co Ltd
SHG:601218
 $628.17 Million
PT Bukalapak.com
JK:BUKA
 $628.59 Million
Dexterra Group Inc
TO:DXT
 $627.62 Million
Z Squared Inc.
NASDAQ:ZSQR
 $627.46 Million
Technocraft Industries (India) Limited
NSE:TIIL
 $627.46 Million
Sporton International
TWO:6146
 $627.43 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 2024 to 2025, total equity changed from 4,008,374,556 to 3,611,649,638, a change of -396,724,918 (-9.9%).
  • Net loss of 384,604,083 reduced equity.
  • Dividend payments of 49,288,969 reduced retained earnings.
  • Other factors increased equity by 37,168,135.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-384.60 Million -10.65%
Dividends Paid CN¥49.29 Million -1.36%
Other Changes CN¥37.17 Million +1.03%
Total Change CN¥- -9.90%

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 11.46x 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¥3.19 x
1995-12-31 CN¥0.34 CN¥3.19 x
1996-12-31 CN¥0.34 CN¥3.19 x
1997-12-31 CN¥1.02 CN¥3.19 x
1998-12-31 CN¥1.16 CN¥3.19 x
1999-12-31 CN¥1.22 CN¥3.19 x
2000-12-31 CN¥1.32 CN¥3.19 x
2001-12-31 CN¥1.37 CN¥3.19 x
2002-12-31 CN¥2.07 CN¥3.19 x
2003-12-31 CN¥2.13 CN¥3.19 x
2004-12-31 CN¥1.18 CN¥3.19 x
2005-12-31 CN¥0.60 CN¥3.19 x
2006-12-31 CN¥0.61 CN¥3.19 x
2007-12-31 CN¥0.28 CN¥3.19 x
2008-12-31 CN¥0.19 CN¥3.19 x
2009-12-31 CN¥0.28 CN¥3.19 x
2010-12-31 CN¥0.20 CN¥3.19 x
2011-12-31 CN¥0.14 CN¥3.19 x
2012-12-31 CN¥0.23 CN¥3.19 x
2013-12-31 CN¥0.37 CN¥3.19 x
2014-12-31 CN¥0.23 CN¥3.19 x
2015-12-31 CN¥4.25 CN¥3.19 x
2016-12-31 CN¥2.83 CN¥3.19 x
2017-12-31 CN¥3.28 CN¥3.19 x
2018-12-31 CN¥3.62 CN¥3.19 x
2019-12-31 CN¥3.98 CN¥3.19 x
2020-12-31 CN¥3.82 CN¥3.19 x
2021-12-31 CN¥3.65 CN¥3.19 x
2022-12-31 CN¥3.39 CN¥3.19 x
2023-12-31 CN¥3.22 CN¥3.19 x
2024-12-31 CN¥3.00 CN¥3.19 x
2025-12-31 CN¥2.69 CN¥3.19 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): -10.65%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -102.09%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 1.84x
  • Recent ROE (-10.65%) is below the historical average (-1.96%), suggesting potential challenges in 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 43.91% 295.27% 0.03x 4.69x CN¥29.17 Million
2013 37.72% 381.13% 0.02x 4.04x CN¥38.28 Million
2014 148.21% 20.76% 1.16x 6.17x CN¥175.47 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 -4.08% -15.78% 0.14x 1.81x CN¥-556.62 Million
2021 0.63% 2.37% 0.16x 1.65x CN¥-453.14 Million
2022 -4.13% -41.35% 0.07x 1.54x CN¥-656.15 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
2025 -10.65% -102.09% 0.06x 1.84x CN¥-745.77 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: $1,521,235,274
  • Average return on equity (ROE) among peers: -0.77%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kangxin New Materials Co Ltd (600076) CN¥3.62 Billion 21.70% 0.83x $627.63 Million
Zhongfu Straits Pingtan Development Co Ltd (000592) $3.49 Billion 0.58% 0.19x $1.94 Billion
Fujian Yongan Forestry Group Joint-Stock (000663) $401.36 Million 1.19% 1.75x $256.68 Million
Dare Technology Co Ltd (000910) $2.47 Billion 8.73% 2.20x $435.75 Million
Dehua TB New Decoration Material Co Ltd (002043) $458.95 Million 7.12% 0.91x $1.40 Billion
Fujian Jinsen Forestry Co Ltd (002679) $737.63 Million 3.47% 1.26x $280.13 Million
Yunnan Jinggu Forestry Co Ltd (600265) $281.83 Million -32.55% 1.30x $397.16 Million
Guangxi Fenglin Wood Industry Group Co Ltd (601996) $2.81 Billion 6.05% 0.41x $362.50 Million

About Kangxin New Materials Co Ltd

SHG:600076 China Lumber & Wood Production
Market Cap
$627.63 Million
CN¥4.29 Billion CNY
Market Cap Rank
#11138 Global
#3131 in China
Share Price
CN¥3.19
Change (1 day)
-5.62%
52-Week Range
CN¥2.32 - CN¥4.72
All Time High
CN¥15.55
Categories
Companies in China Lumber & Wood Production
About

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