Kunshan Kersen Science & Tech (603626) - Net Assets

Latest as of June 2025: CN¥2.14 Billion CNY ≈ $313.82 Million USD

Based on the latest financial reports, Kunshan Kersen Science & Tech (603626) has net assets worth CN¥2.14 Billion CNY (≈ $313.82 Million USD) 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 ≈ $779.57 Million USD) and total liabilities (CN¥3.18 Billion ≈ $465.75 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 603626 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 603626 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Kunshan Kersen Science & Tech.

Year	Net Assets	Change
2024-12-31	CN¥2.25 Billion ≈ $329.90 Million	-20.19%
2023-12-31	CN¥2.82 Billion ≈ $413.37 Million	-9.00%
2022-12-31	CN¥3.10 Billion ≈ $454.27 Million	+3.69%
2021-12-31	CN¥2.99 Billion ≈ $438.12 Million	+40.79%
2020-12-31	CN¥2.13 Billion ≈ $311.19 Million	+25.03%
2019-12-31	CN¥1.70 Billion ≈ $248.89 Million	-12.83%
2018-12-31	CN¥1.95 Billion ≈ $285.52 Million	+10.99%
2017-12-31	CN¥1.76 Billion ≈ $257.25 Million	+189.96%
2016-12-31	CN¥606.29 Million ≈ $88.72 Million	+45.26%
2015-12-31	CN¥417.40 Million ≈ $61.08 Million	+90.45%
2014-12-31	CN¥219.16 Million ≈ $32.07 Million	+101.43%
2012-12-31	CN¥108.80 Million ≈ $15.92 Million	+136.95%
2011-12-31	CN¥45.92 Million ≈ $6.72 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
BB Biotech AG SW:BION	$2.25 Billion
Autohome Inc NYSE:ATHM	$2.25 Billion
Beijing Haohua Energy Resource Co Ltd SHG:601101	$2.25 Billion
Alupar Investimento SA SA:ALUP11	$2.25 Billion
SK Bioscience Co Ltd KO:302440	$2.25 Billion
BW LPG Limited F:BW9	$2.25 Billion
Korea Gas Corporation KO:036460	$2.25 Billion
Sarda Energy & Minerals Limited NSE:SARDAEN	$2.25 Billion

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: 6.82x
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 6.55x to 6.82x 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¥27.70	x
2018-12-31	CN¥4.49	CN¥27.70	x
2019-12-31	CN¥3.91	CN¥27.70	x
2020-12-31	CN¥4.26	CN¥27.70	x
2021-12-31	CN¥5.37	CN¥27.70	x
2022-12-31	CN¥5.57	CN¥27.70	x
2023-12-31	CN¥5.09	CN¥27.70	x
2024-12-31	CN¥4.06	CN¥27.70	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: $2,198,385,103
Average return on equity (ROE) among peers: 1.14%

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	$2.25 Billion
China International Marine Containers Group Ltd (000039)	$516.18 Million	18.11%	1.41x	$4.32 Billion
Xinjiang Hejin Holding Co Ltd (000633)	$255.45 Million	1.25%	0.47x	$387.15 Million
Guangdong Jingyi Metal Co Ltd (002295)	$1.19 Billion	4.29%	0.71x	$433.84 Million
Shanghai Xinpeng Industry Co Ltd (002328)	$3.64 Billion	8.56%	0.60x	$1.25 Billion
Beijing Lier High Temperature Materials Co Ltd (002392)	$2.93 Billion	6.91%	0.38x	$1.69 Billion
Suzhou Victory Precision Manufacture Co Ltd (002426)	$1.45 Billion	7.95%	0.71x	$2.01 Billion
Dajin Heavy Industry Corp (002487)	$1.41 Billion	6.93%	0.08x	$7.74 Billion
Jiangsu Boamax Technologies Group Co Ltd (002514)	$633.35 Million	-61.44%	1.31x	$307.66 Million
Guangzheng Group Co Ltd (002524)	$341.38 Million	10.82%	4.36x	$338.59 Million
Anhui Honglu Steel Construction Group Co Ltd (002541)	$9.61 Billion	8.03%	1.63x	$2.04 Billion

About Kunshan Kersen Science & Tech

SHG:603626 China Metal Fabrication

Market Cap

$2.25 Billion

CN¥15.37 Billion CNY

Market Cap Rank

#5927 Global

#1289 in China

Share Price

CN¥27.70

Change (1 day)

+2.10%

52-Week Range

CN¥7.78 - CN¥27.79

All Time High

CN¥33.87