Shanghai Kai Kai Industry Co Ltd A (600272) - Net Assets

Latest as of March 2026: CN¥841.08 Million CNY ≈ $123.08 Million USD

Based on the latest financial reports, Shanghai Kai Kai Industry Co Ltd A (600272) has net assets worth CN¥841.08 Million CNY (≈ $123.08 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¥1.78 Billion ≈ $260.65 Million USD) and total liabilities (CN¥940.14 Million ≈ $137.57 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 Shanghai Kai Kai Industry Co Ltd A liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥841.08 Million
% of Total Assets	47.22%
Annual Growth Rate	7.36%
5-Year Change	80.65%
10-Year Change	99.92%
Growth Volatility	38.0

Shanghai Kai Kai Industry Co Ltd A - Net Assets Trend (1993–2025)

This chart illustrates how Shanghai Kai Kai Industry Co Ltd A's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Kai Kai Industry Co Ltd A balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Shanghai Kai Kai Industry Co Ltd A (1993–2025)

The table below shows the annual net assets of Shanghai Kai Kai Industry Co Ltd A from 1993 to 2025. For live valuation and market cap data, see 600272 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥987.35 Million ≈ $144.48 Million	+52.14%
2024-12-31	CN¥648.99 Million ≈ $94.97 Million	+6.88%
2023-12-31	CN¥607.20 Million ≈ $88.85 Million	+5.01%
2022-12-31	CN¥578.25 Million ≈ $84.62 Million	+5.80%
2021-12-31	CN¥546.54 Million ≈ $79.98 Million	+4.94%
2020-12-31	CN¥520.80 Million ≈ $76.21 Million	+0.13%
2019-12-31	CN¥520.14 Million ≈ $76.11 Million	+3.81%
2018-12-31	CN¥501.05 Million ≈ $73.32 Million	-0.23%
2017-12-31	CN¥502.22 Million ≈ $73.49 Million	+1.69%
2016-12-31	CN¥493.89 Million ≈ $72.27 Million	-4.67%
2015-12-31	CN¥518.11 Million ≈ $75.82 Million	+24.70%
2014-12-31	CN¥415.47 Million ≈ $60.80 Million	+7.04%
2013-12-31	CN¥388.14 Million ≈ $56.80 Million	+10.01%
2012-12-31	CN¥352.82 Million ≈ $51.63 Million	+2.41%
2011-12-31	CN¥344.52 Million ≈ $50.41 Million	+3.80%
2010-12-31	CN¥331.90 Million ≈ $48.57 Million	+26.24%
2009-12-31	CN¥262.91 Million ≈ $38.47 Million	+39.13%
2008-12-31	CN¥188.98 Million ≈ $27.65 Million	-24.49%
2007-12-31	CN¥250.28 Million ≈ $36.62 Million	+93.79%
2006-12-31	CN¥129.15 Million ≈ $18.90 Million	-26.89%
2005-12-31	CN¥176.65 Million ≈ $25.85 Million	+12.99%
2004-12-31	CN¥156.34 Million ≈ $22.88 Million	-83.58%
2003-12-31	CN¥951.84 Million ≈ $139.28 Million	+4.08%
2002-12-31	CN¥914.49 Million ≈ $133.82 Million	+4.51%
2001-12-31	CN¥875.05 Million ≈ $128.05 Million	+88.35%
2000-12-31	CN¥464.58 Million ≈ $67.98 Million	+7.77%
1999-12-31	CN¥431.08 Million ≈ $63.08 Million	+1.58%
1998-12-31	CN¥424.37 Million ≈ $62.10 Million	+6.02%
1997-12-31	CN¥400.28 Million ≈ $58.57 Million	+7.23%
1996-12-31	CN¥373.29 Million ≈ $54.62 Million	+144.62%
1995-12-31	CN¥152.60 Million ≈ $22.33 Million	+19.09%
1994-12-31	CN¥128.15 Million ≈ $18.75 Million	+25.93%
1993-12-31	CN¥101.76 Million ≈ $14.89 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Kai Kai Industry Co Ltd A'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 2191.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥298.06 Million	38.38%
Common Stock	CN¥262.65 Million	33.82%
Other Comprehensive Income	CN¥79.18 Million	10.20%
Other Components	CN¥136.70 Million	17.60%
Total Equity	CN¥776.60 Million	100.00%

Shanghai Kai Kai Industry Co Ltd A Competitors by Market Cap

The table below lists competitors of Shanghai Kai Kai Industry Co Ltd A ranked by their market capitalization.

Company	Market Cap
Oneconnect Financial Technology Co NYSE:OCFT	$307.70 Million
Bus Online Co Ltd SHE:002188	$307.78 Million
Best Pacific International Holdings Limited F:NWQ	$307.78 Million
BCEG Environmental Remediation Co. Ltd. SHE:300958	$307.79 Million
Polestar Automotive Holding UK PLC Class C-1 ADS (ADW) NASDAQ:PSNYW	$307.58 Million
Fiverr International Ltd F:11V	$307.56 Million
KS Terminals Inc TW:3003	$307.48 Million
ioneer Ltd American Depositary Shares NASDAQ:IONR	$307.46 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Kai Kai Industry Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 618,859,547 to 776,595,108, a change of 157,735,561 (25.5%).
Net income of 12,937,529 contributed positively to equity growth.
Dividend payments of 10,692,000 reduced retained earnings.
Other comprehensive income increased equity by 3,166,075.
Other factors increased equity by 152,323,957.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥12.94 Million	+1.67%
Dividends Paid	CN¥10.69 Million	-1.38%
Other Comprehensive Income	CN¥3.17 Million	+0.41%
Other Changes	CN¥152.32 Million	+19.61%
Total Change	CN¥-	25.49%

Book Value vs Market Value Analysis

This analysis compares Shanghai Kai Kai Industry Co Ltd A'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: 3.83x
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 24.85x to 3.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1993-12-31	CN¥0.46	CN¥11.51	x
1994-12-31	CN¥0.58	CN¥11.51	x
1995-12-31	CN¥0.69	CN¥11.51	x
1996-12-31	CN¥1.70	CN¥11.51	x
1997-12-31	CN¥1.81	CN¥11.51	x
1998-12-31	CN¥1.92	CN¥11.51	x
1999-12-31	CN¥1.95	CN¥11.51	x
2000-12-31	CN¥2.00	CN¥11.51	x
2001-12-31	CN¥3.70	CN¥11.51	x
2002-12-31	CN¥2.79	CN¥11.51	x
2003-12-31	CN¥2.89	CN¥11.51	x
2004-12-31	CN¥0.37	CN¥11.51	x
2005-12-31	CN¥0.46	CN¥11.51	x
2006-12-31	CN¥0.40	CN¥11.51	x
2007-12-31	CN¥1.05	CN¥11.51	x
2008-12-31	CN¥0.70	CN¥11.51	x
2009-12-31	CN¥0.98	CN¥11.51	x
2010-12-31	CN¥1.29	CN¥11.51	x
2011-12-31	CN¥1.43	CN¥11.51	x
2012-12-31	CN¥1.41	CN¥11.51	x
2013-12-31	CN¥1.49	CN¥11.51	x
2014-12-31	CN¥1.69	CN¥11.51	x
2015-12-31	CN¥2.06	CN¥11.51	x
2016-12-31	CN¥2.06	CN¥11.51	x
2017-12-31	CN¥2.05	CN¥11.51	x
2018-12-31	CN¥1.97	CN¥11.51	x
2019-12-31	CN¥2.11	CN¥11.51	x
2020-12-31	CN¥2.27	CN¥11.51	x
2021-12-31	CN¥2.22	CN¥11.51	x
2022-12-31	CN¥2.28	CN¥11.51	x
2023-12-31	CN¥2.43	CN¥11.51	x
2024-12-31	CN¥2.48	CN¥11.51	x
2025-12-31	CN¥3.00	CN¥11.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Kai Kai Industry Co Ltd A 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): 1.67%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.14%
• Asset Turnover: 0.65x
• Equity Multiplier: 2.24x
Recent ROE (1.67%) is above the historical average (-12.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1993	21.69%	11.00%	1.18x	1.68x	CN¥11.83 Million
1994	20.35%	10.58%	1.08x	1.79x	CN¥13.16 Million
1995	22.08%	10.52%	0.87x	2.42x	CN¥18.28 Million
1996	16.17%	18.38%	0.50x	1.75x	CN¥22.95 Million
1997	13.02%	11.02%	0.48x	2.48x	CN¥11.93 Million
1998	6.45%	7.34%	0.36x	2.42x	CN¥-14.85 Million
1999	6.22%	6.78%	0.40x	2.27x	CN¥-16.06 Million
2000	6.79%	5.16%	0.57x	2.33x	CN¥-14.02 Million
2001	6.09%	4.42%	0.58x	2.40x	CN¥-31.61 Million
2002	6.06%	3.01%	0.84x	2.39x	CN¥-33.12 Million
2003	3.54%	1.41%	1.05x	2.39x	CN¥-56.15 Million
2004	-665.32%	-38.72%	0.99x	17.42x	CN¥-741.58 Million
2005	3.80%	0.61%	0.78x	7.90x	CN¥-8.37 Million
2006	-41.73%	-5.70%	0.71x	10.26x	CN¥-49.06 Million
2007	3.80%	1.29%	0.67x	4.39x	CN¥-14.28 Million
2008	33.04%	7.91%	0.72x	5.81x	CN¥39.23 Million
2009	16.22%	4.56%	0.87x	4.07x	CN¥15.14 Million
2010	8.55%	3.08%	0.79x	3.49x	CN¥-4.53 Million
2011	11.19%	4.84%	0.82x	2.83x	CN¥4.10 Million
2012	17.74%	7.44%	0.84x	2.84x	CN¥26.55 Million
2013	6.73%	2.96%	0.85x	2.69x	CN¥-12.35 Million
2014	8.90%	4.12%	0.95x	2.27x	CN¥-4.49 Million
2015	3.88%	2.25%	0.85x	2.02x	CN¥-31.29 Million
2016	4.36%	2.35%	0.88x	2.10x	CN¥-27.50 Million
2017	7.80%	4.03%	0.92x	2.10x	CN¥-10.91 Million
2018	7.11%	4.01%	0.86x	2.05x	CN¥-14.30 Million
2019	4.27%	2.52%	0.84x	2.02x	CN¥-29.51 Million
2020	2.65%	1.80%	0.73x	2.02x	CN¥-37.96 Million
2021	4.06%	3.24%	0.63x	1.99x	CN¥-31.83 Million
2022	7.02%	4.47%	0.74x	2.12x	CN¥-16.93 Million
2023	6.60%	4.25%	0.70x	2.23x	CN¥-20.28 Million
2024	5.66%	3.20%	0.74x	2.40x	CN¥-26.89 Million
2025	1.67%	1.14%	0.65x	2.24x	CN¥-64.72 Million

Industry Comparison

This section compares Shanghai Kai Kai Industry Co Ltd A's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

Industry: Apparel Manufacturing
Average net assets among peers: $2,630,441,004
Average return on equity (ROE) among peers: 0.84%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Kai Kai Industry Co Ltd A (600272)	CN¥841.08 Million	21.69%	1.12x	$307.64 Million
Zhejiang Weixing Industrial Development Co Ltd (002003)	$1.87 Billion	13.26%	0.15x	$1.53 Billion
Fujian Septwolves Industry Co Ltd (002029)	$5.26 Billion	5.08%	0.51x	$912.00 Million
Fujian SBS Zipper Science Tech (002098)	$1.13 Billion	10.49%	0.29x	$403.90 Million
Zhejiang Baoxiniao Garment Co Ltd (002154)	$3.32 Billion	11.03%	0.46x	$911.84 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269)	$2.84 Billion	-10.74%	1.33x	$573.55 Million
Zhejiang Jiaxin Silk Corp Ltd (002404)	$1.36 Billion	7.30%	0.67x	$510.57 Million
Cedar Development Co Ltd (002485)	$445.93 Million	24.89%	1.15x	$359.02 Million
Huasi Agricultural Development Co Ltd (002494)	$1.93 Billion	0.87%	0.33x	$309.19 Million
Zhejiang Semir Garment Co Ltd (002563)	$7.85 Billion	9.69%	0.18x	$2.21 Billion
Zhejiang Busen Garments Co Ltd (002569)	$303.49 Million	-63.53%	1.17x	$355.72 Million

About Shanghai Kai Kai Industry Co Ltd A

SHG:600272 China Apparel Manufacturing

Market Cap

$307.64 Million

CN¥2.10 Billion CNY

Market Cap Rank

#14943 Global

#4547 in China

Share Price

CN¥11.51

Change (1 day)

-1.29%

52-Week Range

CN¥11.51 - CN¥17.88

All Time High

CN¥22.39