Kehua Holdings Co Ltd Class A (603161) - Net Assets
Based on the latest financial reports, Kehua Holdings Co Ltd Class A (603161) has net assets worth CN¥1.50 Billion CNY (≈ $219.49 Million 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¥2.94 Billion ≈ $429.99 Million USD) and total liabilities (CN¥1.44 Billion ≈ $210.49 Million 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 asset resilience ratio of Kehua Holdings Co Ltd Class A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.50 Billion |
| % of Total Assets | 51.05% |
| Annual Growth Rate | 22.77% |
| 5-Year Change | 11.97% |
| 10-Year Change | 215.57% |
| Growth Volatility | 32.57 |
Kehua Holdings Co Ltd Class A - Net Assets Trend (2012–2024)
This chart illustrates how Kehua Holdings Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Kehua Holdings Co Ltd Class A for the complete picture of this company's asset base.
Annual Net Assets for Kehua Holdings Co Ltd Class A (2012–2024)
The table below shows the annual net assets of Kehua Holdings Co Ltd Class A from 2012 to 2024. For live valuation and market cap data, see Kehua Holdings Co Ltd Class A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.46 Billion ≈ $214.28 Million |
+4.93% |
| 2023-12-31 | CN¥1.40 Billion ≈ $204.21 Million |
+9.90% |
| 2022-12-31 | CN¥1.27 Billion ≈ $185.81 Million |
+2.07% |
| 2021-12-31 | CN¥1.24 Billion ≈ $182.04 Million |
-4.88% |
| 2020-12-31 | CN¥1.31 Billion ≈ $191.37 Million |
+1.58% |
| 2019-12-31 | CN¥1.29 Billion ≈ $188.40 Million |
+3.28% |
| 2018-12-31 | CN¥1.25 Billion ≈ $182.41 Million |
+89.50% |
| 2017-12-31 | CN¥657.80 Million ≈ $96.26 Million |
+16.27% |
| 2016-12-31 | CN¥565.75 Million ≈ $82.79 Million |
+21.92% |
| 2015-12-31 | CN¥464.03 Million ≈ $67.90 Million |
+94.26% |
| 2014-12-31 | CN¥238.88 Million ≈ $34.96 Million |
+27.34% |
| 2013-12-31 | CN¥187.59 Million ≈ $27.45 Million |
+50.25% |
| 2012-12-31 | CN¥124.86 Million ≈ $18.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kehua Holdings 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 521.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥515.83 Million | 35.51% |
| Common Stock | CN¥193.58 Million | 13.33% |
| Other Components | CN¥743.15 Million | 51.16% |
| Total Equity | CN¥1.45 Billion | 100.00% |
Kehua Holdings Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Kehua Holdings Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cedar Woods Properties Ltd
AU:CWP
|
$421.38 Million |
|
Colony Bankcorp Inc.
NYSE:CBAN
|
$421.42 Million |
|
Shanxi Huayang New Material Co Ltd
SHG:600281
|
$421.53 Million |
|
Whitefield Industrials Ltd
AU:WHF
|
$421.56 Million |
|
Fagerhult AB
ST:FAG
|
$421.27 Million |
|
Chunbo Co. Ltd
KQ:278280
|
$421.26 Million |
|
Zhejiang Wanfeng Chemical Co. Ltd. A
SHG:603172
|
$421.19 Million |
|
Lexeo Therapeutics, Inc. Common Stock
NASDAQ:LXEO
|
$421.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kehua Holdings Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,391,416,246 to 1,452,558,702, a change of 61,142,456 (4.4%).
- Net income of 105,076,333 contributed positively to equity growth.
- Dividend payments of 89,278,233 reduced retained earnings.
- Share repurchases of 19,999,259 reduced equity.
- Other factors increased equity by 65,343,615.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥105.08 Million | +7.23% |
| Dividends Paid | CN¥89.28 Million | -6.15% |
| Share Repurchases | CN¥20.00 Million | -1.38% |
| Other Changes | CN¥65.34 Million | +4.5% |
| Total Change | CN¥- | 4.39% |
Book Value vs Market Value Analysis
This analysis compares Kehua Holdings 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: 1.95x
- 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 15.82x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.94 | CN¥14.81 | x |
| 2013-12-31 | CN¥1.41 | CN¥14.81 | x |
| 2014-12-31 | CN¥3.00 | CN¥14.81 | x |
| 2015-12-31 | CN¥4.98 | CN¥14.81 | x |
| 2016-12-31 | CN¥5.64 | CN¥14.81 | x |
| 2017-12-31 | CN¥6.60 | CN¥14.81 | x |
| 2018-12-31 | CN¥9.54 | CN¥14.81 | x |
| 2019-12-31 | CN¥9.65 | CN¥14.81 | x |
| 2020-12-31 | CN¥9.80 | CN¥14.81 | x |
| 2021-12-31 | CN¥9.33 | CN¥14.81 | x |
| 2022-12-31 | CN¥9.48 | CN¥14.81 | x |
| 2023-12-31 | CN¥10.28 | CN¥14.81 | x |
| 2024-12-31 | CN¥7.60 | CN¥14.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kehua Holdings 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): 7.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.43%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.15x
- Recent ROE (7.23%) is below the historical average (11.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 23.03% | 10.28% | 0.67x | 3.37x | CN¥16.27 Million |
| 2013 | 17.85% | 9.05% | 0.66x | 3.01x | CN¥14.72 Million |
| 2014 | 24.99% | 11.81% | 0.70x | 3.01x | CN¥35.81 Million |
| 2015 | 17.46% | 13.14% | 0.65x | 2.04x | CN¥34.62 Million |
| 2016 | 17.74% | 13.65% | 0.53x | 2.43x | CN¥43.76 Million |
| 2017 | 16.20% | 11.62% | 0.44x | 3.19x | CN¥40.79 Million |
| 2018 | 8.39% | 7.60% | 0.42x | 2.65x | CN¥-20.07 Million |
| 2019 | 6.40% | 5.08% | 0.48x | 2.63x | CN¥-46.32 Million |
| 2020 | 1.60% | 1.29% | 0.41x | 3.05x | CN¥-109.92 Million |
| 2021 | -3.76% | -2.46% | 0.47x | 3.22x | CN¥-171.16 Million |
| 2022 | 1.54% | 0.86% | 0.59x | 3.02x | CN¥-106.99 Million |
| 2023 | 8.85% | 4.71% | 0.74x | 2.55x | CN¥-15.94 Million |
| 2024 | 7.23% | 4.43% | 0.76x | 2.15x | CN¥-40.18 Million |
Industry Comparison
This section compares Kehua Holdings Co Ltd Class A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kehua Holdings Co Ltd Class A (603161) | CN¥1.50 Billion | 23.03% | 0.96x | $421.31 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Kehua Holdings Co Ltd Class A
Kehua Holdings Co.,Ltd engages in the production and sale of automotive turbocharger parts, engineering machinery parts, hydraulic pump valves, and new energy vehicle parts. It offers turbine and intermediate shell; differential and differential lock; chassis components, such as clamp body, bracket, and steering knuckle; counterweight block, planetary carrier, and bearing seat; and valve and pump… Read more