KTK Group Co Ltd (603680) - Net Assets

Latest as of September 2025: CN¥5.62 Billion CNY ≈ $822.28 Million USD

Based on the latest financial reports, KTK Group Co Ltd (603680) has net assets worth CN¥5.62 Billion CNY (≈ $822.28 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.12 Billion ≈ $1.33 Billion USD) and total liabilities (CN¥3.50 Billion ≈ $511.90 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 603680 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥5.62 Billion
% of Total Assets	61.63%
Annual Growth Rate	13.0%
5-Year Change	18.03%
10-Year Change	193.28%
Growth Volatility	27.68

KTK Group Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how KTK Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore KTK Group Co Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for KTK Group Co Ltd (2012–2024)

The table below shows the annual net assets of KTK Group Co Ltd from 2012 to 2024. For live valuation and market cap data, see KTK Group Co Ltd (603680) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥5.33 Billion ≈ $779.92 Million	+6.65%
2023-12-31	CN¥5.00 Billion ≈ $731.32 Million	+5.29%
2022-12-31	CN¥4.75 Billion ≈ $694.58 Million	-0.29%
2021-12-31	CN¥4.76 Billion ≈ $696.62 Million	+5.42%
2020-12-31	CN¥4.52 Billion ≈ $660.79 Million	+8.00%
2019-12-31	CN¥4.18 Billion ≈ $611.84 Million	+9.59%
2018-12-31	CN¥3.82 Billion ≈ $558.29 Million	+75.61%
2017-12-31	CN¥2.17 Billion ≈ $317.92 Million	+39.21%
2016-12-31	CN¥1.56 Billion ≈ $228.38 Million	-14.12%
2015-12-31	CN¥1.82 Billion ≈ $265.93 Million	+59.59%
2014-12-31	CN¥1.14 Billion ≈ $166.63 Million	-23.76%
2013-12-31	CN¥1.49 Billion ≈ $218.57 Million	+21.50%
2012-12-31	CN¥1.23 Billion ≈ $179.90 Million	--

Equity Component Analysis

This analysis shows how different components contribute to KTK Group 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 575.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥2.40 Billion	45.20%
Common Stock	CN¥783.72 Million	14.76%
Other Comprehensive Income	CN¥523.41 Million	9.86%
Other Components	CN¥1.60 Billion	30.19%
Total Equity	CN¥5.31 Billion	100.00%

KTK Group Co Ltd Competitors by Market Cap

The table below lists competitors of KTK Group Co Ltd ranked by their market capitalization.

Company	Market Cap
IBF Financial Holdings Co Ltd TW:2889	$1.67 Billion
Shenzhen Center Power Tech Co Ltd SHE:002733	$1.67 Billion
S&T Bancorp Inc NASDAQ:STBA	$1.67 Billion
Medicover AB (publ) ST:MCOV-B	$1.67 Billion
Corporate Travel Management Ltd AU:CTD	$1.66 Billion
Hangzhou DPtech Technologies Co Ltd SHE:300768	$1.66 Billion
JHSF Participações S.A. SA:JHSF3	$1.66 Billion
Sionna Therapeutics, Inc. Common Stock NASDAQ:SION	$1.66 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in KTK Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 5,086,371,403 to 5,310,658,494, a change of 224,287,091 (4.4%).
Net income of 302,066,128 contributed positively to equity growth.
Dividend payments of 128,802,875 reduced retained earnings.
Other comprehensive income increased equity by 512,800,862.
Other factors decreased equity by 461,777,024.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥302.07 Million	+5.69%
Dividends Paid	CN¥128.80 Million	-2.43%
Other Comprehensive Income	CN¥512.80 Million	+9.66%
Other Changes	CN¥-461.78 Million	-8.7%
Total Change	CN¥-	4.41%

Book Value vs Market Value Analysis

This analysis compares KTK Group 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: 2.12x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 7.90x to 2.12x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	CN¥1.84	CN¥14.51	x
2013-12-31	CN¥2.23	CN¥14.51	x
2014-12-31	CN¥1.68	CN¥14.51	x
2015-12-31	CN¥2.57	CN¥14.51	x
2016-12-31	CN¥2.18	CN¥14.51	x
2017-12-31	CN¥3.05	CN¥14.51	x
2018-12-31	CN¥5.02	CN¥14.51	x
2019-12-31	CN¥5.23	CN¥14.51	x
2020-12-31	CN¥5.71	CN¥14.51	x
2021-12-31	CN¥6.08	CN¥14.51	x
2022-12-31	CN¥6.16	CN¥14.51	x
2023-12-31	CN¥6.42	CN¥14.51	x
2024-12-31	CN¥6.86	CN¥14.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently KTK Group 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): 5.69%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.71%
• Asset Turnover: 0.48x
• Equity Multiplier: 1.78x
Recent ROE (5.69%) is below the historical average (19.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	25.65%	19.93%	0.68x	1.90x	CN¥187.91 Million
2013	17.68%	18.71%	0.54x	1.75x	CN¥112.07 Million
2014	47.25%	25.65%	0.64x	2.90x	CN¥408.44 Million
2015	38.02%	27.19%	0.72x	1.95x	CN¥495.69 Million
2016	42.81%	25.03%	0.52x	3.28x	CN¥493.38 Million
2017	28.51%	20.46%	0.49x	2.85x	CN¥389.48 Million
2018	11.76%	13.69%	0.43x	2.02x	CN¥66.06 Million
2019	9.56%	10.54%	0.41x	2.23x	CN¥-18.31 Million
2020	9.42%	10.98%	0.43x	2.01x	CN¥-26.02 Million
2021	7.24%	9.08%	0.43x	1.84x	CN¥-131.25 Million
2022	4.11%	5.61%	0.40x	1.81x	CN¥-284.36 Million
2023	5.45%	7.50%	0.41x	1.75x	CN¥-231.19 Million
2024	5.69%	6.71%	0.48x	1.78x	CN¥-229.00 Million

Industry Comparison

This section compares KTK Group Co Ltd's net assets metrics with peer companies in the Railroads industry.

Industry Context

Industry: Railroads
Average net assets among peers: $1,003,942,129
Average return on equity (ROE) among peers: 8.18%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
KTK Group Co Ltd (603680)	CN¥5.62 Billion	25.65%	0.62x	$1.66 Billion
China High-Speed Railway Technology (000008)	$161.88 Million	4.69%	0.58x	$1.07 Billion
Nanjing Zhongbei Group Co Ltd (000421)	$264.23 Million	15.10%	0.57x	$532.91 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$-828.52 Million	0.00%	0.00x	$1.00 Billion
Vontron Technology Co Ltd (000920)	$583.83 Million	12.70%	0.57x	$813.31 Million
China Railway Materials Co Ltd (000927)	$3.32 Billion	3.02%	1.22x	$2.49 Billion
HeNan Splendor Science & Technology Co Ltd (002296)	$1.82 Billion	5.72%	0.35x	$669.27 Million
Sichuan Fulin Transportation Group Co Ltd (002357)	$1.39 Billion	4.99%	0.88x	$540.85 Million
Tianjin Keyvia Electric Co Ltd (300407)	$1.81 Billion	5.18%	0.77x	$628.95 Million
Chengdu Yunda Technology Co Ltd (300440)	$1.38 Billion	2.95%	0.85x	$1.20 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$140.60 Million	27.43%	1.57x	$1.22 Billion

About KTK Group Co Ltd

SHG:603680 China Railroads

Market Cap

$1.66 Billion

CN¥11.37 Billion CNY

Market Cap Rank

#6995 Global

#1632 in China

Share Price

CN¥14.51

Change (1 day)

+1.04%

52-Week Range

CN¥9.38 - CN¥17.82

All Time High

CN¥26.35