Kunshan Kersen Science & Tech
Kunshan Kersen Science & Technology Co.,Ltd. researches, develops, manufactures, sells, and services precision structural components. It offers consumer electronic products, such as hand buckles, sports bracelets, volume keys, camera buttons, SIM card trays, watch casings, camera rings and hinges, power buttons, metallic power bank casings, laptop casings, buttons, table boards, and hinges; medic… Read more
Kunshan Kersen Science & Tech (603626) - Net Assets
Latest net assets as of June 2025: CN¥2.14 Billion CNY
Based on the latest financial reports, Kunshan Kersen Science & Tech (603626) has net assets worth CN¥2.14 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.33 Billion) and total liabilities (CN¥3.18 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¥2.14 Billion |
| % of Total Assets | 40.26% |
| Annual Growth Rate | 34.92% |
| 5-Year Change | 6.01% |
| 10-Year Change | 440.12% |
| Growth Volatility | 63.37 |
Kunshan Kersen Science & Tech - Net Assets Trend (2011–2024)
This chart illustrates how Kunshan Kersen Science & Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kunshan Kersen Science & Tech (2011–2024)
The table below shows the annual net assets of Kunshan Kersen Science & Tech from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.25 Billion | -20.19% |
| 2023-12-31 | CN¥2.82 Billion | -9.00% |
| 2022-12-31 | CN¥3.10 Billion | +3.69% |
| 2021-12-31 | CN¥2.99 Billion | +40.79% |
| 2020-12-31 | CN¥2.13 Billion | +25.03% |
| 2019-12-31 | CN¥1.70 Billion | -12.83% |
| 2018-12-31 | CN¥1.95 Billion | +10.99% |
| 2017-12-31 | CN¥1.76 Billion | +189.96% |
| 2016-12-31 | CN¥606.29 Million | +45.26% |
| 2015-12-31 | CN¥417.40 Million | +90.45% |
| 2014-12-31 | CN¥219.16 Million | +101.43% |
| 2012-12-31 | CN¥108.80 Million | +136.95% |
| 2011-12-31 | CN¥45.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kunshan Kersen Science & Tech'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 decreased by 689.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.38 Billion | 105.78% |
| Total Equity | CN¥2.25 Billion | 100.00% |
Kunshan Kersen Science & Tech Competitors by Market Cap
The table below lists competitors of Kunshan Kersen Science & Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GRAND PHARM. GRP. HD-01
F:MX6A
|
$986.35 Million |
|
PageGroup plc
PINK:MPGPF
|
$986.99 Million |
|
Fincantieri S.p.A
PINK:FNCNF
|
$987.15 Million |
|
Srisawad Corporation Public Company Limited
BK:SAWAD-R
|
$987.24 Million |
|
Redde Northgate PLC
F:21W
|
$985.84 Million |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
$985.29 Million |
|
Semitronix Corp. A
SHE:301095
|
$984.90 Million |
|
Bayer Cropscience Limited
NSE:BAYERCROP
|
$984.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kunshan Kersen Science & Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,824,869,064 to 2,254,456,353, a change of -570,412,711 (-20.2%).
- Net loss of 476,830,079 reduced equity.
- Dividend payments of 116,314,089 reduced retained earnings.
- Other factors increased equity by 22,731,457.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-476.83 Million | -21.15% |
| Dividends Paid | CN¥116.31 Million | -5.16% |
| Other Changes | CN¥22.73 Million | +1.01% |
| Total Change | CN¥- | -20.19% |
Book Value vs Market Value Analysis
This analysis compares Kunshan Kersen Science & Tech'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: 5.73x
- 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 increased from 5.51x to 5.73x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.23 | CN¥23.30 | x |
| 2018-12-31 | CN¥4.49 | CN¥23.30 | x |
| 2019-12-31 | CN¥3.91 | CN¥23.30 | x |
| 2020-12-31 | CN¥4.26 | CN¥23.30 | x |
| 2021-12-31 | CN¥5.37 | CN¥23.30 | x |
| 2022-12-31 | CN¥5.57 | CN¥23.30 | x |
| 2023-12-31 | CN¥5.09 | CN¥23.30 | x |
| 2024-12-31 | CN¥4.06 | CN¥23.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kunshan Kersen Science & Tech 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): -21.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.10%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.46x
- Recent ROE (-21.15%) is below the historical average (2.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 31.16% | 14.50% | 0.87x | 2.46x | CN¥128.27 Million |
| 2017 | 12.65% | 10.27% | 0.63x | 1.96x | CN¥46.61 Million |
| 2018 | 6.69% | 5.18% | 0.49x | 2.66x | CN¥-61.78 Million |
| 2019 | -11.15% | -8.69% | 0.46x | 2.77x | CN¥-350.79 Million |
| 2020 | -2.28% | -1.37% | 0.58x | 2.88x | CN¥-256.75 Million |
| 2021 | 12.33% | 8.90% | 0.69x | 2.01x | CN¥69.63 Million |
| 2022 | 2.80% | 2.53% | 0.60x | 1.84x | CN¥-223.66 Million |
| 2023 | -9.96% | -10.84% | 0.49x | 1.87x | CN¥-563.90 Million |
| 2024 | -21.15% | -14.10% | 0.61x | 2.46x | CN¥-702.28 Million |
Industry Comparison
This section compares Kunshan Kersen Science & Tech's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kunshan Kersen Science & Tech (603626) | CN¥2.14 Billion | 31.16% | 1.48x | $986.15 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |