IKD Co Ltd Class A (600933) - Net Assets

Latest as of September 2025: CN¥9.92 Billion CNY ≈ $1.45 Billion USD

Based on the latest financial reports, IKD Co Ltd Class A (600933) has net assets worth CN¥9.92 Billion CNY (≈ $1.45 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.39 Billion ≈ $2.55 Billion USD) and total liabilities (CN¥7.47 Billion ≈ $1.09 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 600933 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥9.92 Billion
% of Total Assets	57.04%
Annual Growth Rate	22.08%
5-Year Change	91.2%
10-Year Change	559.35%
Growth Volatility	23.76

IKD Co Ltd Class A - Net Assets Trend (2013–2024)

This chart illustrates how IKD Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 600933 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for IKD Co Ltd Class A (2013–2024)

The table below shows the annual net assets of IKD Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see IKD Co Ltd Class A (600933) total market value.

Year	Net Assets	Change
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 1275.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥3.10 Billion	37.68%
Common Stock	CN¥984.86 Million	11.96%
Other Comprehensive Income	CN¥654.44 Million	7.95%
Other Components	CN¥3.49 Billion	42.41%
Total Equity	CN¥8.24 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
Luoyang Xinqianglian Slewing Bearin SHE:300850	$2.58 Billion
Dongfang Electronics Co Ltd SHE:000682	$2.58 Billion
Clas Ohlson AB (publ) ST:CLAS-B	$2.58 Billion
Pertamina Geothermal Energy JK:PGEO	$2.59 Billion
Zhejiang Weixing New Building Materials Co Ltd SHE:002372	$2.58 Billion
CN LGY.PWR.GR.UNSP.ADR/10 F:6WX0	$2.58 Billion
Jiangsu Changling Hydraulic Co. Ltd SHG:605389	$2.58 Billion
Koninklijke BAM Groep NV AS:BAMNB	$2.58 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 2023 to 2024, total equity changed from 6,328,364,000 to 8,235,219,000, a change of 1,906,855,000 (30.1%).
Net income of 939,510,197 contributed positively to equity growth.
Dividend payments of 329,766,000 reduced retained earnings.
Other comprehensive income decreased equity by 42,952,769.
Other factors increased equity by 1,340,063,572.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥939.51 Million	+11.41%
Dividends Paid	CN¥329.77 Million	-4.0%
Other Comprehensive Income	CN¥-42.95 Million	-0.52%
Other Changes	CN¥1.34 Billion	+16.27%
Total Change	CN¥-	30.13%

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: 2.06x
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 5.29x to 2.06x 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¥17.13	x
2014-12-31	CN¥1.78	CN¥17.13	x
2015-12-31	CN¥1.91	CN¥17.13	x
2016-12-31	CN¥2.64	CN¥17.13	x
2017-12-31	CN¥4.92	CN¥17.13	x
2018-12-31	CN¥4.48	CN¥17.13	x
2019-12-31	CN¥4.81	CN¥17.13	x
2020-12-31	CN¥5.06	CN¥17.13	x
2021-12-31	CN¥5.26	CN¥17.13	x
2022-12-31	CN¥6.07	CN¥17.13	x
2023-12-31	CN¥6.49	CN¥17.13	x
2024-12-31	CN¥8.33	CN¥17.13	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): 11.41%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.93%
• Asset Turnover: 0.47x
• Equity Multiplier: 1.73x
Recent ROE (11.41%) is below the historical average (16.75%), 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

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: $2,881,043,646
Average return on equity (ROE) among peers: 9.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
IKD Co Ltd Class A (600933)	CN¥9.92 Billion	28.43%	0.75x	$2.58 Billion
FAWER Automotive Parts Ltd Co (000030)	$149.16 Million	41.73%	4.63x	$1.25 Billion
Wanxiang Qianchao Co Ltd (000559)	$8.78 Billion	7.81%	0.91x	$8.06 Billion
Weifu High-Technology Group Co Ltd (000581)	$15.35 Billion	16.75%	0.32x	$2.30 Billion
Gui Zhou Tyre Co Ltd (000589)	$36.86 Million	0.00%	2.57x	$1.14 Billion
Qingdao Doublestar Co Ltd (000599)	$2.50 Billion	2.32%	1.02x	$718.30 Million
Hengli Industrial Development Group Co Ltd (000622)	$214.90 Million	5.52%	0.47x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$319.83 Million	-26.00%	1.36x	$793.62 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$436.87 Million	11.97%	0.48x	$1.66 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$498.43 Million	3.21%	1.20x	$381.97 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$515.59 Million	31.51%	1.08x	$3.42 Billion

About IKD Co Ltd Class A

SHG:600933 China Auto Parts

Market Cap

$2.58 Billion

CN¥17.65 Billion CNY

Market Cap Rank

#5441 Global

#1101 in China

Share Price

CN¥17.13

Change (1 day)

+0.94%

52-Week Range

CN¥14.94 - CN¥23.87

All Time High

CN¥25.43