IKD Co Ltd Class A (600933) - Net Assets

Latest as of March 2026: CN¥10.54 Billion CNY ≈ $1.54 Billion USD

Based on the latest financial reports, IKD Co Ltd Class A (600933) has net assets worth CN¥10.54 Billion CNY (≈ $1.54 Billion 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¥17.85 Billion ≈ $2.61 Billion USD) and total liabilities (CN¥7.31 Billion ≈ $1.07 Billion 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 IKD Co Ltd Class A (600933) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥10.54 Billion
% of Total Assets	59.06%
Annual Growth Rate	22.04%
5-Year Change	122.72%
10-Year Change	443.51%
Growth Volatility	22.76

IKD Co Ltd Class A - Net Assets Trend (2013–2025)

This chart illustrates how IKD Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. See IKD Co Ltd Class A (600933) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for IKD Co Ltd Class A (2013–2025)

The table below shows the annual net assets of IKD Co Ltd Class A from 2013 to 2025. For live valuation and market cap data, see IKD Co Ltd Class A (600933) total market value.

Year	Net Assets	Change
2025-12-31	CN¥10.34 Billion ≈ $1.51 Billion	+21.57%
2024-12-31	CN¥8.50 Billion ≈ $1.24 Billion	+29.75%
2023-12-31	CN¥6.55 Billion ≈ $959.17 Million	+16.75%
2022-12-31	CN¥5.61 Billion ≈ $821.59 Million	+20.95%
2021-12-31	CN¥4.64 Billion ≈ $679.30 Million	+4.36%
2020-12-31	CN¥4.45 Billion ≈ $650.92 Million	+8.04%
2019-12-31	CN¥4.12 Billion ≈ $602.48 Million	+6.10%
2018-12-31	CN¥3.88 Billion ≈ $567.85 Million	+8.24%
2017-12-31	CN¥3.59 Billion ≈ $524.63 Million	+88.47%
2016-12-31	CN¥1.90 Billion ≈ $278.37 Million	+47.48%
2015-12-31	CN¥1.29 Billion ≈ $188.75 Million	+23.92%
2014-12-31	CN¥1.04 Billion ≈ $152.31 Million	+9.86%
2013-12-31	CN¥947.42 Million ≈ $138.64 Million	--

Equity Component Analysis

This analysis shows how different components contribute to IKD Co Ltd Class 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 1653.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.96 Billion	40.60%
Other Components	CN¥5.79 Billion	59.40%
Total Equity	CN¥9.74 Billion	100.00%

IKD Co Ltd Class A Competitors by Market Cap

The table below lists competitors of IKD Co Ltd Class A ranked by their market capitalization.

Company	Market Cap
Embotelladora Andina S.A SN:ANDINA-B	$2.37 Billion
Minerals Technologies Inc NYSE:MTX	$2.37 Billion
Redington Limited NSE:REDINGTON	$2.37 Billion
Dayamitra Telekomunikasi PT JK:MTEL	$2.37 Billion
Ningbo Xusheng Auto Technology Co Ltd SHG:603305	$2.37 Billion
Beijing Ctrowell Technology Corp Ltd SHE:300455	$2.37 Billion
Ningbo ZhongDa Leader Intelligent Transmission Co Ltd SHE:002896	$2.37 Billion
Babcock & Wilcox Enterprises Inc NYSE:BW	$2.36 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 8,235,219,000 to 9,744,561,199, a change of 1,509,342,199 (18.3%).
Net income of 1,171,469,578 contributed positively to equity growth.
Dividend payments of 356,075,292 reduced retained earnings.
Other comprehensive income decreased equity by 654,444,231.
Other factors increased equity by 1,348,392,145.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.17 Billion	+12.02%
Dividends Paid	CN¥356.08 Million	-3.65%
Other Comprehensive Income	CN¥-654.44 Million	-6.72%
Other Changes	CN¥1.35 Billion	+13.84%
Total Change	CN¥-	18.33%

Book Value vs Market Value Analysis

This analysis compares IKD Co Ltd Class 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: 1.66x
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 4.86x to 1.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	CN¥3.24	CN¥15.73	x
2014-12-31	CN¥1.78	CN¥15.73	x
2015-12-31	CN¥1.91	CN¥15.73	x
2016-12-31	CN¥2.64	CN¥15.73	x
2017-12-31	CN¥4.92	CN¥15.73	x
2018-12-31	CN¥4.48	CN¥15.73	x
2019-12-31	CN¥4.81	CN¥15.73	x
2020-12-31	CN¥5.06	CN¥15.73	x
2021-12-31	CN¥5.26	CN¥15.73	x
2022-12-31	CN¥6.07	CN¥15.73	x
2023-12-31	CN¥6.49	CN¥15.73	x
2024-12-31	CN¥8.33	CN¥15.73	x
2025-12-31	CN¥9.46	CN¥15.73	x

Capital Efficiency Dashboard

This dashboard shows how efficiently IKD Co Ltd Class 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): 12.02%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.80%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.78x
Recent ROE (12.02%) is below the historical average (16.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	28.43%	20.75%	0.77x	1.78x	CN¥150.48 Million
2014	28.14%	19.68%	0.80x	1.79x	CN¥164.63 Million
2015	27.73%	23.71%	0.81x	1.44x	CN¥222.17 Million
2016	26.10%	26.65%	0.69x	1.41x	CN¥297.96 Million
2017	13.20%	21.41%	0.49x	1.27x	CN¥112.87 Million
2018	12.29%	18.67%	0.52x	1.27x	CN¥87.21 Million
2019	10.78%	16.73%	0.50x	1.30x	CN¥31.63 Million
2020	9.74%	16.44%	0.46x	1.29x	CN¥-11.35 Million
2021	6.79%	9.67%	0.49x	1.44x	CN¥-146.37 Million
2022	11.98%	15.21%	0.43x	1.83x	CN¥107.21 Million
2023	14.43%	15.33%	0.52x	1.83x	CN¥280.56 Million
2024	11.41%	13.93%	0.47x	1.73x	CN¥115.99 Million
2025	12.02%	15.80%	0.43x	1.78x	CN¥197.01 Million

Industry Comparison

This section compares IKD Co Ltd Class A's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $1,509,898,498
Average return on equity (ROE) among peers: 9.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
IKD Co Ltd Class A (600933)	CN¥10.54 Billion	28.43%	0.69x	$2.37 Billion
FAWER Automotive Parts Ltd Co (000030)	$8.47 Billion	5.92%	0.80x	$1.04 Billion
Wanxiang Qianchao Co Ltd (000559)	$445.83 Million	12.50%	0.68x	$6.67 Billion
Weifu High-Technology Group Co Ltd (000581)	$427.94 Million	15.75%	0.49x	$2.03 Billion
Gui Zhou Tyre Co Ltd (000589)	$56.90 Million	35.22%	2.35x	$966.83 Million
Qingdao Doublestar Co Ltd (000599)	$2.38 Billion	-25.26%	3.14x	$1.55 Billion
Hengli Industrial Development Group Co Ltd (000622)	$169.93 Million	0.00%	0.80x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$1.32 Billion	0.87%	1.12x	$653.72 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$1.39 Billion	17.69%	1.83x	$2.08 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$97.36 Million	31.38%	1.32x	$285.31 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$334.20 Million	2.19%	0.85x	$4.21 Billion

About IKD Co Ltd Class A

SHG:600933 China Auto Parts

Market Cap

$2.37 Billion

CN¥16.20 Billion CNY

Market Cap Rank

#5767 Global

#1159 in China

Share Price

CN¥15.73

Change (1 day)

+1.88%

52-Week Range

CN¥14.40 - CN¥23.87

All Time High

CN¥25.43