Kingclean Electric Co Ltd Net Assets
Kingclean Electric Co Ltd net assets. Based on the latest financial reports, Kingclean Electric Co Ltd (603355) has net assets worth CN¥5.76 Billion CNY (≈ $842.65 Million 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¥17.90 Billion ≈ $2.62 Billion USD) and total liabilities (CN¥12.14 Billion ≈ $1.78 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. Also explore 603355 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.76 Billion |
| % of Total Assets | 32.17% |
| Annual Growth Rate | 15.64% |
| 5-Year Change | 77.14% |
| 10-Year Change | 93.08% |
| Growth Volatility | 19.64 |
Net Assets of Kingclean Electric Co Ltd (2011–2025)
Net assets of Kingclean Electric Co Ltd from 2011 to 2025. This chart illustrates how Kingclean Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603355 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Kingclean Electric Co Ltd (2011–2025)
The table below shows the annual net assets of Kingclean Electric Co Ltd from 2011 to 2025. For live market cap and overall valuation, see Kingclean Electric Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.75 Billion ≈ $840.87 Million |
+15.62% |
| 2024-12-31 | CN¥4.97 Billion ≈ $727.28 Million |
+13.26% |
| 2023-12-31 | CN¥4.39 Billion ≈ $642.12 Million |
+15.30% |
| 2022-12-31 | CN¥3.81 Billion ≈ $556.91 Million |
+17.32% |
| 2021-12-31 | CN¥3.24 Billion ≈ $474.70 Million |
-5.92% |
| 2020-12-31 | CN¥3.45 Billion ≈ $504.58 Million |
+7.79% |
| 2019-12-31 | CN¥3.20 Billion ≈ $468.11 Million |
+15.00% |
| 2018-12-31 | CN¥2.78 Billion ≈ $407.06 Million |
-14.17% |
| 2017-12-31 | CN¥3.24 Billion ≈ $474.28 Million |
+8.91% |
| 2016-12-31 | CN¥2.98 Billion ≈ $435.49 Million |
+16.31% |
| 2015-12-31 | CN¥2.56 Billion ≈ $374.43 Million |
+69.53% |
| 2014-12-31 | CN¥1.51 Billion ≈ $220.87 Million |
+29.52% |
| 2013-12-31 | CN¥1.17 Billion ≈ $170.53 Million |
+7.69% |
| 2012-12-31 | CN¥1.08 Billion ≈ $158.35 Million |
+44.02% |
| 2011-12-31 | CN¥751.39 Million ≈ $109.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kingclean Electric 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 1691.6% over the analyzed period, indicating profitable operations and earnings retention.
Kingclean Electric Co Ltd Net Assets Breakdown (December 2025)
Kingclean Electric Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.75 Billion | 65.45% |
| Other Components | CN¥1.98 Billion | 34.55% |
| Total Equity | CN¥5.73 Billion | 100.00% |
Kingclean Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Kingclean Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medical Properties Trust Inc
NYSE:MPW
|
$2.78 Billion |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
$2.79 Billion |
|
Beijing Easpring Material Tech
SHE:300073
|
$2.79 Billion |
|
Green Brick Partners Inc
NYSE:GRBK
|
$2.79 Billion |
|
Fibra Danhos
MX:DANHOS13
|
$2.78 Billion |
|
Mr D I Y Group M Bhd
KLSE:5296
|
$2.78 Billion |
|
Shenzhen O-Film Tech Co Ltd
SHE:002456
|
$2.78 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
$2.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingclean Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,954,518,127 to 5,728,041,172, a change of 773,523,045 (15.6%).
- Net income of 799,338,231 contributed positively to equity growth.
- Dividend payments of 131,996,477 reduced retained earnings.
- Other factors increased equity by 106,181,291.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥799.34 Million | +13.95% |
| Dividends Paid | CN¥132.00 Million | -2.3% |
| Other Changes | CN¥106.18 Million | +1.85% |
| Total Change | CN¥- | 15.61% |
Book Value vs Market Value Analysis
This analysis compares Kingclean Electric 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: 3.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 22.38x to 3.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.48 | CN¥33.19 | x |
| 2012-12-31 | CN¥2.15 | CN¥33.19 | x |
| 2013-12-31 | CN¥2.31 | CN¥33.19 | x |
| 2014-12-31 | CN¥3.01 | CN¥33.19 | x |
| 2015-12-31 | CN¥4.76 | CN¥33.19 | x |
| 2016-12-31 | CN¥5.30 | CN¥33.19 | x |
| 2017-12-31 | CN¥5.76 | CN¥33.19 | x |
| 2018-12-31 | CN¥4.93 | CN¥33.19 | x |
| 2019-12-31 | CN¥5.69 | CN¥33.19 | x |
| 2020-12-31 | CN¥6.08 | CN¥33.19 | x |
| 2021-12-31 | CN¥5.61 | CN¥33.19 | x |
| 2022-12-31 | CN¥6.61 | CN¥33.19 | x |
| 2023-12-31 | CN¥7.64 | CN¥33.19 | x |
| 2024-12-31 | CN¥8.62 | CN¥33.19 | x |
| 2025-12-31 | CN¥9.99 | CN¥33.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingclean Electric 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): 13.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.10%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 3.01x
- Recent ROE (13.95%) is below the historical average (20.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 33.24% | 8.75% | 1.34x | 2.84x | CN¥174.59 Million |
| 2012 | 30.56% | 9.85% | 1.29x | 2.41x | CN¥222.53 Million |
| 2013 | 27.22% | 8.64% | 1.36x | 2.32x | CN¥200.68 Million |
| 2014 | 22.79% | 8.13% | 1.41x | 1.98x | CN¥193.09 Million |
| 2015 | 14.25% | 9.09% | 1.08x | 1.46x | CN¥108.50 Million |
| 2016 | 16.85% | 11.46% | 0.86x | 1.71x | CN¥203.84 Million |
| 2017 | 11.28% | 6.40% | 1.10x | 1.60x | CN¥41.62 Million |
| 2018 | 15.21% | 7.21% | 1.31x | 1.61x | CN¥144.86 Million |
| 2019 | 15.70% | 8.81% | 1.06x | 1.68x | CN¥182.37 Million |
| 2020 | 9.52% | 5.22% | 0.88x | 2.07x | CN¥-16.72 Million |
| 2021 | 15.50% | 6.33% | 0.89x | 2.75x | CN¥178.34 Million |
| 2022 | 27.09% | 10.37% | 0.94x | 2.78x | CN¥649.85 Million |
| 2023 | 25.53% | 12.70% | 0.70x | 2.87x | CN¥679.44 Million |
| 2024 | 24.83% | 12.60% | 0.72x | 2.75x | CN¥734.99 Million |
| 2025 | 13.95% | 8.10% | 0.57x | 3.01x | CN¥226.53 Million |
Industry Comparison
This section compares Kingclean Electric Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $13,919,780,824
- Average return on equity (ROE) among peers: 16.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingclean Electric Co Ltd (603355) | CN¥5.76 Billion | 33.24% | 2.11x | $2.78 Billion |
| Midea Group Co Ltd (000333) | $107.50 Billion | 22.52% | 1.81x | $91.11 Billion |
| Changhong Meiling Co Ltd (000521) | $879.37 Million | 0.76% | 1.77x | $523.84 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $7.73 Billion | 25.45% | 2.99x | $31.98 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $19.37 Billion | 17.28% | 2.60x | $3.19 Billion |
| Suncha Technology Co Ltd (001211) | $868.55 Million | 0.28% | 1.25x | $377.10 Million |
| Elec-Tech International Co Ltd (002005) | $114.44 Million | 40.36% | 2.94x | $546.21 Million |
| Zhejiang Supor Co Ltd (002032) | $96.39 Million | 25.29% | 2.20x | $5.32 Billion |
| Vatti Corp Ltd (002035) | $1.57 Billion | 13.22% | 0.77x | $537.09 Million |
| CNlight Co Ltd (002076) | $388.80 Million | 2.76% | 0.26x | $316.48 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $681.54 Million | 17.03% | 0.74x | $383.83 Million |
About Kingclean Electric Co Ltd
Kingclean Electric Co.,Ltd, an electric household company, manufactures and sells home appliances, kitchen appliances, and garden tools under the KingClean brand in the People's Republic of China. Its products include cleaning products, such as vacuum cleaners, air purifiers, water purifiers, and kitchen appliances, as well as garden tools, and core component business including high-speed digital… Read more