Zhuzhou Kibing Group Co Ltd
Zhuzhou Kibing Group Co.,Ltd manufactures and sells glass in China and internationally. It offers ceramic frit, tempered, laminated, insulating, triple silver low-e, reflective coated, online sunlight control coated, tinted, ultra clear, and clear float glass products. The company was formerly known as Zhuzhou Kibing Glass Group Co., Ltd. and changed its name to Zhuzhou Kibing Group Co.,Ltd in Ma… Read more
Zhuzhou Kibing Group Co Ltd (601636) - Net Assets
Latest net assets as of September 2025: CN¥14.91 Billion CNY
Based on the latest financial reports, Zhuzhou Kibing Group Co Ltd (601636) has net assets worth CN¥14.91 Billion 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¥35.87 Billion) and total liabilities (CN¥20.96 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¥14.91 Billion |
| % of Total Assets | 41.57% |
| Annual Growth Rate | 31.87% |
| 5-Year Change | 51.3% |
| 10-Year Change | 180.93% |
| Growth Volatility | 63.43 |
Zhuzhou Kibing Group Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Zhuzhou Kibing Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhuzhou Kibing Group Co Ltd (2008–2024)
The table below shows the annual net assets of Zhuzhou Kibing Group Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥14.39 Billion | -3.61% |
| 2023-12-31 | CN¥14.93 Billion | +15.54% |
| 2022-12-31 | CN¥12.92 Billion | -4.29% |
| 2021-12-31 | CN¥13.50 Billion | +41.95% |
| 2020-12-31 | CN¥9.51 Billion | +15.52% |
| 2019-12-31 | CN¥8.24 Billion | +8.79% |
| 2018-12-31 | CN¥7.57 Billion | +6.96% |
| 2017-12-31 | CN¥7.08 Billion | +17.48% |
| 2016-12-31 | CN¥6.02 Billion | +17.58% |
| 2015-12-31 | CN¥5.12 Billion | +27.93% |
| 2014-12-31 | CN¥4.00 Billion | +27.98% |
| 2013-12-31 | CN¥3.13 Billion | +13.06% |
| 2012-12-31 | CN¥2.77 Billion | +8.92% |
| 2011-12-31 | CN¥2.54 Billion | +191.47% |
| 2010-12-31 | CN¥871.83 Million | +60.39% |
| 2009-12-31 | CN¥543.55 Million | +215.81% |
| 2008-12-31 | CN¥172.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhuzhou Kibing Group 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 33910.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.62 Billion | 49.58% |
| Common Stock | CN¥2.68 Billion | 20.11% |
| Other Comprehensive Income | CN¥1.67 Billion | 12.54% |
| Other Components | CN¥2.37 Billion | 17.76% |
| Total Equity | CN¥13.34 Billion | 100.00% |
Zhuzhou Kibing Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhuzhou Kibing Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FinVolution Group
NYSE:FINV
|
$1.53 Billion |
|
BSP Financial Group Ltd
AU:BFL
|
$1.53 Billion |
|
K+S Aktiengesellschaft
F:SDF1
|
$1.53 Billion |
|
Piramal Enterprises Limited
NSE:PEL
|
$1.53 Billion |
|
Sunstone Development Co Ltd
SHG:603612
|
$1.52 Billion |
|
ZYMEWORKS DL-00001
F:ZA8
|
$1.52 Billion |
|
Red Avenue New Materials Group Co Ltd
SHG:603650
|
$1.52 Billion |
|
Harbour Energy plc
PINK:PMOIF
|
$1.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhuzhou Kibing Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,549,441,532 to 13,342,271,341, a change of -207,170,191 (-1.5%).
- Net income of 382,587,013 contributed positively to equity growth.
- Dividend payments of 1,215,031,305 reduced retained earnings.
- Share repurchases of 119,123,020 reduced equity.
- Other comprehensive income increased equity by 1,421,656,640.
- Other factors decreased equity by 677,259,519.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥382.59 Million | +2.87% |
| Dividends Paid | CN¥1.22 Billion | -9.11% |
| Share Repurchases | CN¥119.12 Million | -0.89% |
| Other Comprehensive Income | CN¥1.42 Billion | +10.66% |
| Other Changes | CN¥-677.26 Million | -5.08% |
| Total Change | CN¥- | -1.53% |
Book Value vs Market Value Analysis
This analysis compares Zhuzhou Kibing Group 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: 1.36x
- 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 9.85x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.69 | CN¥6.81 | x |
| 2009-12-31 | CN¥1.45 | CN¥6.81 | x |
| 2010-12-31 | CN¥0.70 | CN¥6.81 | x |
| 2011-12-31 | CN¥1.83 | CN¥6.81 | x |
| 2012-12-31 | CN¥1.62 | CN¥6.81 | x |
| 2013-12-31 | CN¥1.80 | CN¥6.81 | x |
| 2014-12-31 | CN¥2.04 | CN¥6.81 | x |
| 2015-12-31 | CN¥2.08 | CN¥6.81 | x |
| 2016-12-31 | CN¥2.41 | CN¥6.81 | x |
| 2017-12-31 | CN¥2.76 | CN¥6.81 | x |
| 2018-12-31 | CN¥2.86 | CN¥6.81 | x |
| 2019-12-31 | CN¥3.15 | CN¥6.81 | x |
| 2020-12-31 | CN¥3.56 | CN¥6.81 | x |
| 2021-12-31 | CN¥4.91 | CN¥6.81 | x |
| 2022-12-31 | CN¥4.68 | CN¥6.81 | x |
| 2023-12-31 | CN¥4.98 | CN¥6.81 | x |
| 2024-12-31 | CN¥5.00 | CN¥6.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhuzhou Kibing Group 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): 2.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.44%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.60x
- Recent ROE (2.87%) is below the historical average (14.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 5.90% | 1.35% | 0.50x | 8.66x | CN¥-7.05 Million |
| 2009 | 32.97% | 15.25% | 0.51x | 4.20x | CN¥124.83 Million |
| 2010 | 37.65% | 17.23% | 0.67x | 3.26x | CN¥241.09 Million |
| 2011 | 8.19% | 10.23% | 0.43x | 1.88x | CN¥-45.88 Million |
| 2012 | 7.13% | 7.35% | 0.40x | 2.44x | CN¥-79.44 Million |
| 2013 | 12.37% | 10.98% | 0.45x | 2.50x | CN¥74.21 Million |
| 2014 | 7.79% | 6.25% | 0.54x | 2.32x | CN¥-88.55 Million |
| 2015 | 3.34% | 3.31% | 0.42x | 2.43x | CN¥-341.01 Million |
| 2016 | 13.86% | 12.00% | 0.56x | 2.05x | CN¥232.57 Million |
| 2017 | 16.14% | 15.06% | 0.60x | 1.80x | CN¥434.89 Million |
| 2018 | 15.95% | 14.41% | 0.65x | 1.70x | CN¥450.66 Million |
| 2019 | 16.36% | 14.47% | 0.71x | 1.59x | CN¥523.67 Million |
| 2020 | 19.19% | 18.81% | 0.67x | 1.51x | CN¥868.79 Million |
| 2021 | 31.77% | 28.85% | 0.70x | 1.57x | CN¥2.91 Billion |
| 2022 | 10.45% | 9.89% | 0.54x | 1.94x | CN¥56.87 Million |
| 2023 | 12.92% | 11.16% | 0.49x | 2.36x | CN¥395.94 Million |
| 2024 | 2.87% | 2.44% | 0.45x | 2.60x | CN¥-951.64 Million |
Industry Comparison
This section compares Zhuzhou Kibing Group Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,967,149,242
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuzhou Kibing Group Co Ltd (601636) | CN¥14.91 Billion | 5.90% | 1.41x | $1.53 Billion |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $352.09 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $2.57 Billion | -0.72% | 0.99x | $204.74 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $21.44 Billion | 14.66% | 0.33x | $3.58 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.56 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $436.84 Million | 5.27% | 3.74x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $5.01 Billion | 8.48% | 1.12x | $113.50 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.03 Billion | 15.12% | 0.38x | $250.45 Million |
| Everjoy Health Group Co Ltd (002162) | $479.30 Million | 13.65% | 1.19x | $267.02 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $923.77 Million | 5.63% | 0.58x | $237.09 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |