Keli Sensing Technology Ningbo Co Ltd (603662) - Net Assets
Based on the latest financial reports, Keli Sensing Technology Ningbo Co Ltd (603662) has net assets worth CN¥3.16 Billion CNY (≈ $462.72 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¥4.48 Billion ≈ $655.84 Million USD) and total liabilities (CN¥1.32 Billion ≈ $193.12 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 Keli Sensing Technology Ningbo Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.16 Billion |
| % of Total Assets | 70.55% |
| Annual Growth Rate | 14.33% |
| 5-Year Change | 46.29% |
| 10-Year Change | 269.92% |
| Growth Volatility | 17.63 |
Keli Sensing Technology Ningbo Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Keli Sensing Technology Ningbo Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603662 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Keli Sensing Technology Ningbo Co Ltd (2014–2025)
The table below shows the annual net assets of Keli Sensing Technology Ningbo Co Ltd from 2014 to 2025. For live valuation and market cap data, see Keli Sensing Technology Ningbo Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.10 Billion ≈ $453.46 Million |
+1.47% |
| 2024-12-31 | CN¥3.05 Billion ≈ $446.90 Million |
+12.52% |
| 2023-12-31 | CN¥2.71 Billion ≈ $397.18 Million |
+12.64% |
| 2022-12-31 | CN¥2.41 Billion ≈ $352.60 Million |
+13.75% |
| 2021-12-31 | CN¥2.12 Billion ≈ $309.97 Million |
+9.79% |
| 2020-12-31 | CN¥1.93 Billion ≈ $282.33 Million |
+9.95% |
| 2019-12-31 | CN¥1.75 Billion ≈ $256.78 Million |
+70.25% |
| 2018-12-31 | CN¥1.03 Billion ≈ $150.83 Million |
+12.59% |
| 2017-12-31 | CN¥915.50 Million ≈ $133.97 Million |
+9.29% |
| 2016-12-31 | CN¥837.71 Million ≈ $122.58 Million |
+7.80% |
| 2015-12-31 | CN¥777.07 Million ≈ $113.71 Million |
+9.45% |
| 2014-12-31 | CN¥709.99 Million ≈ $103.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Keli Sensing Technology Ningbo 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 900.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.74 Billion | 63.21% |
| Other Components | CN¥1.01 Billion | 36.79% |
| Total Equity | CN¥2.75 Billion | 100.00% |
Keli Sensing Technology Ningbo Co Ltd Competitors by Market Cap
The table below lists competitors of Keli Sensing Technology Ningbo Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XINYI SOLAR UNSP.ADR/20
F:13X0
|
$2.88 Billion |
|
Alumis Inc
NASDAQ:ALMS
|
$2.88 Billion |
|
TGS NOPEC Geophysical Company ASA
OL:TGS
|
$2.88 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
$2.88 Billion |
|
Star Bulk Carriers Corp
NASDAQ:SBLK
|
$2.88 Billion |
|
Teradata Corp
NYSE:TDC
|
$2.88 Billion |
|
FS KKR Capital Corp
NYSE:FSK
|
$2.88 Billion |
|
Digitalbridge Group Inc
NYSE:DBRG
|
$2.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keli Sensing Technology Ningbo Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,672,003,550 to 2,750,740,477, a change of 78,736,927 (2.9%).
- Net income of 340,551,271 contributed positively to equity growth.
- Dividend payments of 97,323,801 reduced retained earnings.
- Other comprehensive income decreased equity by 141,244,381.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥340.55 Million | +12.38% |
| Dividends Paid | CN¥97.32 Million | -3.54% |
| Other Comprehensive Income | CN¥-141.24 Million | -5.13% |
| Other Changes | CN¥-23.25 Million | -0.85% |
| Total Change | CN¥- | 2.95% |
Book Value vs Market Value Analysis
This analysis compares Keli Sensing Technology Ningbo 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: 7.16x
- 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 21.16x to 7.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥3.31 | CN¥70.09 | x |
| 2015-12-31 | CN¥3.72 | CN¥70.09 | x |
| 2016-12-31 | CN¥3.93 | CN¥70.09 | x |
| 2017-12-31 | CN¥4.31 | CN¥70.09 | x |
| 2018-12-31 | CN¥4.87 | CN¥70.09 | x |
| 2019-12-31 | CN¥6.24 | CN¥70.09 | x |
| 2020-12-31 | CN¥6.81 | CN¥70.09 | x |
| 2021-12-31 | CN¥7.46 | CN¥70.09 | x |
| 2022-12-31 | CN¥8.17 | CN¥70.09 | x |
| 2023-12-31 | CN¥8.91 | CN¥70.09 | x |
| 2024-12-31 | CN¥9.44 | CN¥70.09 | x |
| 2025-12-31 | CN¥9.80 | CN¥70.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keli Sensing Technology Ningbo 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): 12.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.85%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.64x
- Recent ROE (12.38%) is above the historical average (11.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.71% | 14.89% | 0.63x | 1.35x | CN¥19.22 Million |
| 2015 | 10.74% | 14.37% | 0.56x | 1.34x | CN¥5.75 Million |
| 2016 | 8.77% | 12.59% | 0.53x | 1.33x | CN¥-10.17 Million |
| 2017 | 11.92% | 17.29% | 0.52x | 1.32x | CN¥17.52 Million |
| 2018 | 13.71% | 19.85% | 0.53x | 1.30x | CN¥38.13 Million |
| 2019 | 10.45% | 24.73% | 0.35x | 1.19x | CN¥7.90 Million |
| 2020 | 11.51% | 26.34% | 0.34x | 1.27x | CN¥28.88 Million |
| 2021 | 11.99% | 24.37% | 0.34x | 1.43x | CN¥41.62 Million |
| 2022 | 11.34% | 24.53% | 0.30x | 1.54x | CN¥30.73 Million |
| 2023 | 12.35% | 29.14% | 0.28x | 1.52x | CN¥59.44 Million |
| 2024 | 9.75% | 20.11% | 0.29x | 1.68x | CN¥-6.69 Million |
| 2025 | 12.38% | 21.85% | 0.35x | 1.64x | CN¥65.48 Million |
Industry Comparison
This section compares Keli Sensing Technology Ningbo Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $4,521,607,784
- Average return on equity (ROE) among peers: -17.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keli Sensing Technology Ningbo Co Ltd (603662) | CN¥3.16 Billion | 12.71% | 0.42x | $2.88 Billion |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $78.67 Million | 125.00% | 0.63x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.26 Billion | 6.39% | 3.26x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $8.26 Billion | 10.96% | 1.03x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $4.51 Billion | 5.52% | 0.51x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $24.50 Billion | 1.27% | 1.96x | $7.89 Billion |
About Keli Sensing Technology Ningbo Co Ltd
Keli Sensing Technology (Ningbo) Co.,Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of various types of sensors, weighing indicators, electronic weighing systems, system integration and health scales in China and internationally. It offers beam, single point, S-type, canister, tension, digital, and other load cells, as well as weigh modules; f… Read more