Nanjing Kangni Mechanical & Electrical Co Ltd
Nanjing Kangni Mechanical & Electrical Co.,Ltd engages in the research and development, manufacture, sale, and maintenance of railway vehicle door systems in China. The company offers mass transit vehicle doors, including electrically driven bi-parting and single-leaf sliding plug, electrically driven bi-parting external tightness and pocket sliding, manual pocket sliding, hinged, manual sliding … Read more
Nanjing Kangni Mechanical & Electrical Co Ltd (603111) - Net Assets
Latest net assets as of September 2025: CN¥4.13 Billion CNY
Based on the latest financial reports, Nanjing Kangni Mechanical & Electrical Co Ltd (603111) has net assets worth CN¥4.13 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¥7.34 Billion) and total liabilities (CN¥3.22 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¥4.13 Billion |
| % of Total Assets | 56.18% |
| Annual Growth Rate | 22.43% |
| 5-Year Change | 33.03% |
| 10-Year Change | 250.17% |
| Growth Volatility | 53.67 |
Nanjing Kangni Mechanical & Electrical Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Nanjing Kangni Mechanical & Electrical 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 Nanjing Kangni Mechanical & Electrical Co Ltd (2009–2024)
The table below shows the annual net assets of Nanjing Kangni Mechanical & Electrical Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.06 Billion | +1.09% |
| 2023-12-31 | CN¥4.02 Billion | +7.74% |
| 2022-12-31 | CN¥3.73 Billion | +8.76% |
| 2021-12-31 | CN¥3.43 Billion | +12.31% |
| 2020-12-31 | CN¥3.05 Billion | +16.04% |
| 2019-12-31 | CN¥2.63 Billion | +50.58% |
| 2018-12-31 | CN¥1.75 Billion | -55.93% |
| 2017-12-31 | CN¥3.97 Billion | +186.17% |
| 2016-12-31 | CN¥1.39 Billion | +19.46% |
| 2015-12-31 | CN¥1.16 Billion | +19.39% |
| 2014-12-31 | CN¥971.81 Million | +117.98% |
| 2013-12-31 | CN¥445.83 Million | +18.30% |
| 2012-12-31 | CN¥376.88 Million | +30.23% |
| 2011-12-31 | CN¥289.40 Million | +5.92% |
| 2010-12-31 | CN¥273.23 Million | +40.03% |
| 2009-12-31 | CN¥195.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing Kangni Mechanical & Electrical 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 2070.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.37 Billion | 35.04% |
| Common Stock | CN¥907.01 Million | 23.16% |
| Other Comprehensive Income | CN¥142.45 Million | 3.64% |
| Other Components | CN¥1.49 Billion | 38.17% |
| Total Equity | CN¥3.92 Billion | 100.00% |
Nanjing Kangni Mechanical & Electrical Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Kangni Mechanical & Electrical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elkem ASA
OTCGREY:ELKEF
|
$557.68 Million |
|
Young & Co.'s Brewery P.L.C.
PINK:YCSBF
|
$557.84 Million |
|
COVER Corporation
OTCGREY:COVCF
|
$558.04 Million |
|
Shenzhen Hirisun Technology Inc
SHE:300277
|
$558.39 Million |
|
Create Technology & Science Co Ltd
SHE:000551
|
$557.14 Million |
|
Metropolis Healthcare Limited
NSE:METROPOLIS
|
$557.10 Million |
|
Hunan Yussen Energy Technology
SHE:002986
|
$557.04 Million |
|
Sanhe Tongfei Refrigeration Co. Ltd.
SHE:300990
|
$556.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Kangni Mechanical & Electrical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,880,105,843 to 3,916,919,462, a change of 36,813,619 (0.9%).
- Net income of 350,829,116 contributed positively to equity growth.
- Dividend payments of 173,918,630 reduced retained earnings.
- Share repurchases of 157,658,693 reduced equity.
- Other comprehensive income increased equity by 142,453,814.
- Other factors decreased equity by 124,891,988.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥350.83 Million | +8.96% |
| Dividends Paid | CN¥173.92 Million | -4.44% |
| Share Repurchases | CN¥157.66 Million | -4.03% |
| Other Comprehensive Income | CN¥142.45 Million | +3.64% |
| Other Changes | CN¥-124.89 Million | -3.19% |
| Total Change | CN¥- | 0.95% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Kangni Mechanical & Electrical 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: 1.58x
- 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 7.88x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.88 | CN¥6.90 | x |
| 2010-12-31 | CN¥0.83 | CN¥6.90 | x |
| 2011-12-31 | CN¥0.53 | CN¥6.90 | x |
| 2012-12-31 | CN¥0.66 | CN¥6.90 | x |
| 2013-12-31 | CN¥0.79 | CN¥6.90 | x |
| 2014-12-31 | CN¥1.58 | CN¥6.90 | x |
| 2015-12-31 | CN¥1.52 | CN¥6.90 | x |
| 2016-12-31 | CN¥1.79 | CN¥6.90 | x |
| 2017-12-31 | CN¥5.26 | CN¥6.90 | x |
| 2018-12-31 | CN¥1.74 | CN¥6.90 | x |
| 2019-12-31 | CN¥2.56 | CN¥6.90 | x |
| 2020-12-31 | CN¥2.99 | CN¥6.90 | x |
| 2021-12-31 | CN¥3.36 | CN¥6.90 | x |
| 2022-12-31 | CN¥3.63 | CN¥6.90 | x |
| 2023-12-31 | CN¥3.89 | CN¥6.90 | x |
| 2024-12-31 | CN¥4.38 | CN¥6.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Kangni Mechanical & Electrical 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): 8.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.84%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.77x
- Recent ROE (8.96%) is above the historical average (7.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 34.71% | 12.08% | 0.88x | 3.25x | CN¥44.82 Million |
| 2010 | 38.28% | 13.28% | 0.86x | 3.34x | CN¥72.17 Million |
| 2011 | 44.56% | 13.85% | 0.80x | 4.01x | CN¥95.93 Million |
| 2012 | 34.69% | 12.45% | 0.91x | 3.05x | CN¥88.56 Million |
| 2013 | 27.33% | 11.23% | 0.76x | 3.20x | CN¥74.18 Million |
| 2014 | 14.78% | 10.77% | 0.72x | 1.92x | CN¥45.61 Million |
| 2015 | 16.60% | 11.10% | 0.65x | 2.29x | CN¥73.07 Million |
| 2016 | 18.15% | 11.94% | 0.75x | 2.03x | CN¥107.72 Million |
| 2017 | 7.22% | 11.62% | 0.33x | 1.88x | CN¥-108.27 Million |
| 2018 | -185.15% | -92.25% | 0.72x | 2.79x | CN¥-3.32 Billion |
| 2019 | 25.61% | 19.14% | 0.72x | 1.85x | CN¥396.43 Million |
| 2020 | 14.37% | 12.82% | 0.61x | 1.82x | CN¥129.67 Million |
| 2021 | 11.09% | 10.51% | 0.60x | 1.75x | CN¥36.53 Million |
| 2022 | 7.44% | 8.15% | 0.55x | 1.66x | CN¥-92.32 Million |
| 2023 | 8.99% | 9.90% | 0.56x | 1.63x | CN¥-39.28 Million |
| 2024 | 8.96% | 8.84% | 0.57x | 1.77x | CN¥-40.86 Million |
Industry Comparison
This section compares Nanjing Kangni Mechanical & Electrical Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,677,457,496
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Kangni Mechanical & Electrical Co Ltd (603111) | CN¥4.13 Billion | 34.71% | 0.78x | $557.19 Million |
| China High-Speed Railway Technology (000008) | $540.83 Million | 7.24% | 0.13x | $619.07 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $545.89 Million | 18.19% | 3.34x | $269.49 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-280.00 Million | 0.00% | 0.00x | $573.05 Million |
| Vontron Technology Co Ltd (000920) | $120.66 Million | 30.91% | 1.29x | $402.70 Million |
| China Railway Materials Co Ltd (000927) | $3.21 Billion | -14.95% | 1.55x | $782.90 Million |
| China Railway Special Cargo Logistics Co. Ltd. (001213) | $17.98 Billion | 2.17% | 0.09x | $419.62 Million |
| Changzhou Evergreen Technology Co. Ltd. A (001324) | $1.09 Billion | 6.59% | 0.24x | $169.48 Million |
| HeNan Splendor Science & Technology Co Ltd (002296) | $723.83 Million | 13.20% | 0.36x | $539.03 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.39 Billion | 4.26% | 0.96x | $441.62 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $387.27 Million |