Kangxin New Materials Co Ltd (600076) - Net Assets
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 strategically is Kangxin New Materials Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see 600076 stock market capitalisation.
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. Also explore how fast is Kangxin New Materials Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| 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 |
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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 |
|---|---|
|
Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097
|
$411.40 Million |
|
Larvotto Resources Ltd
AU:LRV
|
$411.56 Million |
|
Hektas Ticaret TAS
IS:HEKTS
|
$411.61 Million |
|
Eurocharm Holdings Co Ltd
TW:5288
|
$411.73 Million |
|
Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd.
SHE:300922
|
$411.21 Million |
|
HiVi Acoustics Technology Co Ltd
SHE:002888
|
$411.14 Million |
|
Taiwan Mask Corp
TW:2338
|
$411.09 Million |
|
Good Finance Securities Co Ltd
TWO:6021
|
$410.89 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: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.51x to 0.78x 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¥2.09 | x |
| 1995-12-31 | CN¥0.34 | CN¥2.09 | x |
| 1996-12-31 | CN¥0.34 | CN¥2.09 | x |
| 1997-12-31 | CN¥1.02 | CN¥2.09 | x |
| 1998-12-31 | CN¥1.16 | CN¥2.09 | x |
| 1999-12-31 | CN¥1.22 | CN¥2.09 | x |
| 2000-12-31 | CN¥1.32 | CN¥2.09 | x |
| 2001-12-31 | CN¥1.37 | CN¥2.09 | x |
| 2002-12-31 | CN¥2.07 | CN¥2.09 | x |
| 2003-12-31 | CN¥2.13 | CN¥2.09 | x |
| 2004-12-31 | CN¥1.18 | CN¥2.09 | x |
| 2005-12-31 | CN¥0.60 | CN¥2.09 | x |
| 2006-12-31 | CN¥0.61 | CN¥2.09 | x |
| 2007-12-31 | CN¥0.28 | CN¥2.09 | x |
| 2008-12-31 | CN¥0.19 | CN¥2.09 | x |
| 2009-12-31 | CN¥0.28 | CN¥2.09 | x |
| 2010-12-31 | CN¥0.20 | CN¥2.09 | x |
| 2011-12-31 | CN¥0.14 | CN¥2.09 | x |
| 2012-12-31 | CN¥0.23 | CN¥2.09 | x |
| 2013-12-31 | CN¥0.37 | CN¥2.09 | x |
| 2014-12-31 | CN¥0.23 | CN¥2.09 | x |
| 2015-12-31 | CN¥4.25 | CN¥2.09 | x |
| 2016-12-31 | CN¥2.83 | CN¥2.09 | x |
| 2017-12-31 | CN¥3.28 | CN¥2.09 | x |
| 2018-12-31 | CN¥3.62 | CN¥2.09 | x |
| 2019-12-31 | CN¥3.98 | CN¥2.09 | x |
| 2020-12-31 | CN¥3.82 | CN¥2.09 | x |
| 2021-12-31 | CN¥3.65 | CN¥2.09 | x |
| 2022-12-31 | CN¥3.39 | CN¥2.09 | x |
| 2023-12-31 | CN¥3.22 | CN¥2.09 | x |
| 2024-12-31 | CN¥3.00 | CN¥2.09 | x |
| 2025-12-31 | CN¥2.69 | CN¥2.09 | 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: $1,413,584,873
- Average return on equity (ROE) among peers: 7.69%
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 | $411.21 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $258.75 Million | 1.33% | 2.51x | $2.48 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $428.46 Million | 1.94% | 2.55x | $299.55 Million |
| Dare Technology Co Ltd (000910) | $2.96 Billion | 4.19% | 1.97x | $608.77 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $2.24 Billion | 31.75% | 1.50x | $1.38 Billion |
| Fujian Jinsen Forestry Co Ltd (002679) | $782.51 Million | 7.09% | 1.15x | $399.49 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $398.39 Million | 1.63% | 1.30x | $444.65 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $2.83 Billion | 5.93% | 0.43x | $475.67 Million |
About 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