Zhejiang Kanglongda Special
ZheJiang KangLongDa Special Protection Technology Co., Ltd. researches, designs, develops, produces, and sells labor protection products primarily in China, Europe, the United States, and Japan. It offers wear-resistant, cut-resistant, tear-resistant, impact-resistant, chemical-resistant, anti-static, and heat- and cold-resistant gloves, as well as other functional labor protective gloves. The co… Read more
Zhejiang Kanglongda Special (603665) - Net Assets
Latest net assets as of September 2025: CN¥788.54 Million CNY
Based on the latest financial reports, Zhejiang Kanglongda Special (603665) has net assets worth CN¥788.54 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.59 Billion) and total liabilities (CN¥1.80 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¥788.54 Million |
| % of Total Assets | 30.41% |
| Annual Growth Rate | 9.71% |
| 5-Year Change | -33.05% |
| 10-Year Change | 109.75% |
| Growth Volatility | 50.7 |
Zhejiang Kanglongda Special - Net Assets Trend (2011–2024)
This chart illustrates how Zhejiang Kanglongda Special's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Kanglongda Special (2011–2024)
The table below shows the annual net assets of Zhejiang Kanglongda Special from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥748.82 Million | -43.14% |
| 2023-12-31 | CN¥1.32 Billion | -19.76% |
| 2022-12-31 | CN¥1.64 Billion | +109.28% |
| 2021-12-31 | CN¥784.28 Million | -29.87% |
| 2020-12-31 | CN¥1.12 Billion | +7.20% |
| 2019-12-31 | CN¥1.04 Billion | +3.35% |
| 2018-12-31 | CN¥1.01 Billion | +7.79% |
| 2017-12-31 | CN¥936.53 Million | +145.99% |
| 2016-12-31 | CN¥380.72 Million | +6.64% |
| 2015-12-31 | CN¥357.01 Million | +22.94% |
| 2014-12-31 | CN¥290.39 Million | +13.34% |
| 2013-12-31 | CN¥256.21 Million | -6.81% |
| 2012-12-31 | CN¥274.94 Million | +22.46% |
| 2011-12-31 | CN¥224.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Kanglongda Special'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 1731.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥162.06 Million | 26.39% |
| Other Comprehensive Income | CN¥-25.33 Million | -4.12% |
| Other Components | CN¥932.84 Million | 151.89% |
| Total Equity | CN¥614.16 Million | 100.00% |
Zhejiang Kanglongda Special Competitors by Market Cap
The table below lists competitors of Zhejiang Kanglongda Special ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd
SHG:603878
|
$378.65 Million |
|
China Publishing & Media Hldg
SHG:601949
|
$378.68 Million |
|
International Tower Hill Mines Ltd
NYSE MKT:THM
|
$378.72 Million |
|
LX Semicon Co. Ltd
KQ:108320
|
$378.76 Million |
|
Hamborner REIT AG
XETRA:HABA
|
$378.57 Million |
|
mixi Inc
F:MXN
|
$378.57 Million |
|
Ontex Group NV
PINK:ONXXF
|
$378.52 Million |
|
Huishang Bank Corporation Limited
PINK:HHSSF
|
$378.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Kanglongda Special's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,165,037,103 to 614,158,355, a change of -550,878,748 (-47.3%).
- Net loss of 485,527,610 reduced equity.
- Dividend payments of 60,762,718 reduced retained earnings.
- Share repurchases of 54,628,083 reduced equity.
- Other comprehensive income decreased equity by 310,210,601.
- Other factors increased equity by 360,250,264.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-485.53 Million | -79.06% |
| Dividends Paid | CN¥60.76 Million | -9.89% |
| Share Repurchases | CN¥54.63 Million | -8.89% |
| Other Comprehensive Income | CN¥-310.21 Million | -50.51% |
| Other Changes | CN¥360.25 Million | +58.66% |
| Total Change | CN¥- | -47.28% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Kanglongda Special'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: 7.94x
- 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 15.25x to 7.94x 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¥1.98 | CN¥30.23 | x |
| 2012-12-31 | CN¥2.39 | CN¥30.23 | x |
| 2013-12-31 | CN¥2.23 | CN¥30.23 | x |
| 2014-12-31 | CN¥2.57 | CN¥30.23 | x |
| 2015-12-31 | CN¥3.14 | CN¥30.23 | x |
| 2016-12-31 | CN¥3.35 | CN¥30.23 | x |
| 2017-12-31 | CN¥6.67 | CN¥30.23 | x |
| 2018-12-31 | CN¥6.77 | CN¥30.23 | x |
| 2019-12-31 | CN¥6.96 | CN¥30.23 | x |
| 2020-12-31 | CN¥6.94 | CN¥30.23 | x |
| 2021-12-31 | CN¥5.96 | CN¥30.23 | x |
| 2022-12-31 | CN¥8.62 | CN¥30.23 | x |
| 2023-12-31 | CN¥7.35 | CN¥30.23 | x |
| 2024-12-31 | CN¥3.81 | CN¥30.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Kanglongda Special 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): -79.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.94%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 4.94x
- Recent ROE (-79.06%) is below the historical average (2.40%), 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 | 25.91% | 11.39% | 0.97x | 2.34x | CN¥34.89 Million |
| 2012 | 17.54% | 10.11% | 0.90x | 1.94x | CN¥20.05 Million |
| 2013 | 19.35% | 8.87% | 0.90x | 2.43x | CN¥23.10 Million |
| 2014 | 17.34% | 7.85% | 0.87x | 2.53x | CN¥20.97 Million |
| 2015 | 17.85% | 10.21% | 0.78x | 2.23x | CN¥27.54 Million |
| 2016 | 25.20% | 13.09% | 0.92x | 2.10x | CN¥56.56 Million |
| 2017 | 7.80% | 9.42% | 0.67x | 1.24x | CN¥-20.43 Million |
| 2018 | 8.38% | 9.23% | 0.68x | 1.34x | CN¥-16.17 Million |
| 2019 | 4.86% | 5.07% | 0.69x | 1.39x | CN¥-52.90 Million |
| 2020 | 7.00% | 7.58% | 0.46x | 2.00x | CN¥-32.98 Million |
| 2021 | -34.97% | -31.19% | 0.46x | 2.42x | CN¥-422.20 Million |
| 2022 | 15.31% | 15.21% | 0.33x | 3.01x | CN¥72.54 Million |
| 2023 | -18.91% | -14.10% | 0.44x | 3.02x | CN¥-336.78 Million |
| 2024 | -79.06% | -31.94% | 0.50x | 4.94x | CN¥-546.94 Million |
Industry Comparison
This section compares Zhejiang Kanglongda Special's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $1,477,055,698
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Kanglongda Special (603665) | CN¥788.54 Million | 25.91% | 2.29x | $378.58 Million |
| Wuxi Double Elephant Micro Fibre Material Co Ltd (002395) | $904.81 Million | 5.58% | 1.28x | $239.60 Million |
| Anhui ANLI Artificial Leather (300218) | $1.41 Billion | 5.04% | 0.56x | $299.48 Million |
| Shandong Tongda Island New Materials Co Ltd (300321) | $533.14 Million | 5.46% | 0.35x | $195.48 Million |
| Anhui Korrun Co Ltd (300577) | $900.20 Million | 25.11% | 1.19x | $260.39 Million |
| Guangdong Wanlima Industry Co Ltd (300591) | $576.44 Million | -36.88% | 0.65x | $319.12 Million |
| Zhejiang Zoenn Design Co Ltd (300901) | $957.63 Million | 10.91% | 0.13x | $230.20 Million |
| Zhejiang Aokang Shoes Co Ltd (603001) | $3.47 Billion | 0.98% | 0.26x | $215.04 Million |
| Zhejiang Red Dragonfly Footwear Co Ltd (603116) | $3.20 Billion | 8.72% | 0.37x | $163.02 Million |
| Topscore Fashion (603608) | $1.35 Billion | -13.25% | 0.59x | $312.39 Million |