Korla Pear
Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd engages in the research and development, production, and sale of lubricants in China. Its products include gasoline and diesel engine oil, transmission oil, gear oil, motorcycle oil, and special oil for construction and agricultural machinery; and coolants and special lubricants in the new energy industry. The company manufactures petroleum pro… Read more
Korla Pear (600506) - Net Assets
Latest net assets as of September 2025: CN¥887.54 Million CNY
Based on the latest financial reports, Korla Pear (600506) has net assets worth CN¥887.54 Million 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¥2.12 Billion) and total liabilities (CN¥1.23 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¥887.54 Million |
| % of Total Assets | 41.95% |
| Annual Growth Rate | 3.93% |
| 5-Year Change | 59.32% |
| 10-Year Change | 59.59% |
| Growth Volatility | 32.57 |
Korla Pear - Net Assets Trend (1999–2024)
This chart illustrates how Korla Pear's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Korla Pear (1999–2024)
The table below shows the annual net assets of Korla Pear from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥443.73 Million | +10.51% |
| 2023-12-31 | CN¥401.53 Million | -10.87% |
| 2022-12-31 | CN¥450.51 Million | +85.71% |
| 2021-12-31 | CN¥242.59 Million | -12.90% |
| 2020-12-31 | CN¥278.52 Million | +1.63% |
| 2019-12-31 | CN¥274.07 Million | -2.74% |
| 2018-12-31 | CN¥281.79 Million | +1.61% |
| 2017-12-31 | CN¥277.32 Million | +1.51% |
| 2016-12-31 | CN¥273.19 Million | -1.74% |
| 2015-12-31 | CN¥278.04 Million | +2.29% |
| 2014-12-31 | CN¥271.81 Million | -5.78% |
| 2013-12-31 | CN¥288.47 Million | +1.44% |
| 2012-12-31 | CN¥284.38 Million | -1.49% |
| 2011-12-31 | CN¥288.69 Million | +2.15% |
| 2010-12-31 | CN¥282.63 Million | +1.12% |
| 2009-12-31 | CN¥279.51 Million | +11.32% |
| 2008-12-31 | CN¥251.08 Million | -32.88% |
| 2007-12-31 | CN¥374.08 Million | -6.46% |
| 2006-12-31 | CN¥399.93 Million | -7.17% |
| 2005-12-31 | CN¥430.84 Million | -13.09% |
| 2004-12-31 | CN¥495.75 Million | +2.39% |
| 2003-12-31 | CN¥484.20 Million | +3.47% |
| 2002-12-31 | CN¥467.97 Million | +7.12% |
| 2001-12-31 | CN¥436.86 Million | +135.68% |
| 2000-12-31 | CN¥185.37 Million | +9.64% |
| 1999-12-31 | CN¥169.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korla Pear'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 decreased by 26425844400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥192.02 Million | 43.27% |
| Other Comprehensive Income | CN¥49.89 Million | 11.24% |
| Other Components | CN¥466.93 Million | 105.23% |
| Total Equity | CN¥443.73 Million | 100.00% |
Korla Pear Competitors by Market Cap
The table below lists competitors of Korla Pear ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inventronics Hangzhou Inc
SHE:300582
|
$401.22 Million |
|
USEN-NEXT HOLDINGS Co.Ltd.
PINK:USNNF
|
$401.25 Million |
|
Strike Energy Limited
OTCGREY:STKKF
|
$401.33 Million |
|
Anhui Landun Photoelectron Co Ltd
SHE:300862
|
$401.83 Million |
|
Lindian Resources Ltd
AU:LIN
|
$401.00 Million |
|
TRI CHEMICAL LABORAT.INC.
F:22E
|
$400.98 Million |
|
Helgeland Sparebank
OL:HELG
|
$400.97 Million |
|
Beijing Career International Co Ltd
SHE:300662
|
$400.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korla Pear's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 401,526,000 to 443,732,000, a change of 42,206,000 (10.5%).
- Net income of 31,388,000 contributed positively to equity growth.
- Dividend payments of 57,149,000 reduced retained earnings.
- Other comprehensive income increased equity by 49,893,340.
- Other factors increased equity by 18,073,660.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥31.39 Million | +7.07% |
| Dividends Paid | CN¥57.15 Million | -12.88% |
| Other Comprehensive Income | CN¥49.89 Million | +11.24% |
| Other Changes | CN¥18.07 Million | +4.07% |
| Total Change | CN¥- | 10.51% |
Book Value vs Market Value Analysis
This analysis compares Korla Pear'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: 9.76x
- 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 20.07x to 9.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CN¥1.12 | CN¥22.56 | x |
| 2000-12-31 | CN¥1.23 | CN¥22.56 | x |
| 2001-12-31 | CN¥2.90 | CN¥22.56 | x |
| 2002-12-31 | CN¥3.11 | CN¥22.56 | x |
| 2003-12-31 | CN¥3.22 | CN¥22.56 | x |
| 2004-12-31 | CN¥3.22 | CN¥22.56 | x |
| 2005-12-31 | CN¥2.80 | CN¥22.56 | x |
| 2006-12-31 | CN¥3.34 | CN¥22.56 | x |
| 2007-12-31 | CN¥2.43 | CN¥22.56 | x |
| 2008-12-31 | CN¥1.71 | CN¥22.56 | x |
| 2009-12-31 | CN¥1.85 | CN¥22.56 | x |
| 2010-12-31 | CN¥1.90 | CN¥22.56 | x |
| 2011-12-31 | CN¥1.92 | CN¥22.56 | x |
| 2012-12-31 | CN¥1.91 | CN¥22.56 | x |
| 2013-12-31 | CN¥1.92 | CN¥22.56 | x |
| 2014-12-31 | CN¥1.84 | CN¥22.56 | x |
| 2015-12-31 | CN¥1.88 | CN¥22.56 | x |
| 2016-12-31 | CN¥1.87 | CN¥22.56 | x |
| 2017-12-31 | CN¥1.86 | CN¥22.56 | x |
| 2018-12-31 | CN¥1.93 | CN¥22.56 | x |
| 2019-12-31 | CN¥1.86 | CN¥22.56 | x |
| 2020-12-31 | CN¥1.89 | CN¥22.56 | x |
| 2021-12-31 | CN¥1.64 | CN¥22.56 | x |
| 2022-12-31 | CN¥3.01 | CN¥22.56 | x |
| 2023-12-31 | CN¥2.09 | CN¥22.56 | x |
| 2024-12-31 | CN¥2.31 | CN¥22.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korla Pear 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): 7.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.36%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 4.41x
- Recent ROE (7.07%) is above the historical average (-2.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 8.86% | 46.68% | 0.16x | 1.22x | CN¥-1.93 Million |
| 2000 | 14.75% | 36.77% | 0.23x | 1.72x | CN¥8.81 Million |
| 2001 | 6.80% | 30.01% | 0.16x | 1.40x | CN¥-13.97 Million |
| 2002 | 6.61% | 38.63% | 0.13x | 1.33x | CN¥-15.85 Million |
| 2003 | 3.34% | 19.51% | 0.12x | 1.47x | CN¥-32.24 Million |
| 2004 | 0.78% | 9.15% | 0.06x | 1.38x | CN¥-44.70 Million |
| 2005 | -14.82% | -108.83% | 0.11x | 1.27x | CN¥-104.47 Million |
| 2006 | -0.03% | -0.39% | 0.06x | 1.21x | CN¥-39.30 Million |
| 2007 | -8.22% | -72.80% | 0.07x | 1.56x | CN¥-66.86 Million |
| 2008 | -47.47% | -557.08% | 0.05x | 1.59x | CN¥-144.29 Million |
| 2009 | 11.35% | 137.46% | 0.07x | 1.26x | CN¥3.78 Million |
| 2010 | 1.10% | 5.08% | 0.18x | 1.17x | CN¥-25.14 Million |
| 2011 | 1.77% | 3.67% | 0.42x | 1.14x | CN¥-23.69 Million |
| 2012 | -1.99% | -9.24% | 0.18x | 1.17x | CN¥-33.82 Million |
| 2013 | 1.67% | 4.16% | 0.38x | 1.06x | CN¥-23.90 Million |
| 2014 | -5.55% | -13.49% | 0.39x | 1.06x | CN¥-42.26 Million |
| 2015 | 2.24% | 10.76% | 0.19x | 1.08x | CN¥-21.58 Million |
| 2016 | -2.14% | -8.60% | 0.24x | 1.06x | CN¥-33.17 Million |
| 2017 | 1.83% | 7.77% | 0.22x | 1.06x | CN¥-22.66 Million |
| 2018 | 1.61% | 10.64% | 0.14x | 1.06x | CN¥-23.65 Million |
| 2019 | -2.82% | -35.06% | 0.08x | 1.07x | CN¥-35.13 Million |
| 2020 | 1.60% | 3.76% | 0.39x | 1.08x | CN¥-23.40 Million |
| 2021 | -14.81% | -10.28% | 0.10x | 15.03x | CN¥-60.19 Million |
| 2022 | -18.69% | -4.19% | 0.80x | 5.57x | CN¥-129.27 Million |
| 2023 | -12.20% | -2.19% | 1.05x | 5.29x | CN¥-89.14 Million |
| 2024 | 7.07% | 1.36% | 1.18x | 4.41x | CN¥-12.99 Million |
Industry Comparison
This section compares Korla Pear's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,314,559,364
- Average return on equity (ROE) among peers: 7.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korla Pear (600506) | CN¥887.54 Million | 8.86% | 1.38x | $401.01 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $493.88 Million | 5.67% | 1.45x | $677.04 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $473.86 Million | 3.40% | 0.49x | $192.35 Million |
| Hefei Fengle Seed Co Ltd (000713) | $541.01 Million | 5.38% | 1.28x | $460.52 Million |
| Luoniushan Co Ltd (000735) | $1.57 Billion | 5.18% | 0.35x | $939.65 Million |
| New Hope Liuhe Co Ltd (000876) | $4.62 Billion | 8.84% | 0.83x | $3.80 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $903.81 Million | 2.44% | 0.22x | $1.92 Billion |
| Dongrui Food Group Co Ltd (001201) | $326.81 Million | 2.47% | 0.90x | $262.05 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $555.07 Million | 18.79% | 0.29x | $164.61 Million |
| Boen Group Co. Ltd. Cl A (001366) | $521.42 Million | 14.80% | 0.42x | $88.79 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.14 Billion | 3.25% | 0.20x | $542.58 Million |