Fujian Kuncai Material Tech (603826) - Net Assets
Based on the latest financial reports, Fujian Kuncai Material Tech (603826) has net assets worth CN¥1.97 Billion CNY (≈ $288.22 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¥4.98 Billion ≈ $728.51 Million USD) and total liabilities (CN¥3.01 Billion ≈ $440.29 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 Fujian Kuncai Material Tech liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.97 Billion |
| % of Total Assets | 39.56% |
| Annual Growth Rate | 22.81% |
| 5-Year Change | 20.4% |
| 10-Year Change | 367.85% |
| Growth Volatility | 34.46 |
Fujian Kuncai Material Tech - Net Assets Trend (2012–2024)
This chart illustrates how Fujian Kuncai Material Tech's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Fujian Kuncai Material Tech for the complete picture of this company's asset base.
Annual Net Assets for Fujian Kuncai Material Tech (2012–2024)
The table below shows the annual net assets of Fujian Kuncai Material Tech from 2012 to 2024. For live valuation and market cap data, see Fujian Kuncai Material Tech (603826) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.89 Billion ≈ $276.52 Million |
-0.64% |
| 2023-12-31 | CN¥1.90 Billion ≈ $278.30 Million |
+5.79% |
| 2022-12-31 | CN¥1.80 Billion ≈ $263.06 Million |
+4.52% |
| 2021-12-31 | CN¥1.72 Billion ≈ $251.67 Million |
+9.58% |
| 2020-12-31 | CN¥1.57 Billion ≈ $229.67 Million |
+11.54% |
| 2019-12-31 | CN¥1.41 Billion ≈ $205.90 Million |
+8.37% |
| 2018-12-31 | CN¥1.30 Billion ≈ $189.99 Million |
+13.81% |
| 2017-12-31 | CN¥1.14 Billion ≈ $166.93 Million |
+132.00% |
| 2016-12-31 | CN¥491.71 Million ≈ $71.95 Million |
+21.74% |
| 2015-12-31 | CN¥403.90 Million ≈ $59.10 Million |
+27.49% |
| 2014-12-31 | CN¥316.82 Million ≈ $46.36 Million |
+35.42% |
| 2013-12-31 | CN¥233.95 Million ≈ $34.23 Million |
+45.75% |
| 2012-12-31 | CN¥160.52 Million ≈ $23.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fujian Kuncai Material 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 grown by 717.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥666.27 Million | 35.48% |
| Common Stock | CN¥655.20 Million | 34.89% |
| Other Components | CN¥556.48 Million | 29.63% |
| Total Equity | CN¥1.88 Billion | 100.00% |
Fujian Kuncai Material Tech Competitors by Market Cap
The table below lists competitors of Fujian Kuncai Material Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Provincial Expressway Development Co Ltd
SHE:000429
|
$3.19 Billion |
|
Premium Brands Holdings Corporation
TO:PBH
|
$3.20 Billion |
|
Hebei Huatong Wires and Cables Group Co. Ltd.
SHG:605196
|
$3.20 Billion |
|
FS KKR Capital Corp
NYSE:FSK
|
$3.20 Billion |
|
WYNN MACAU LTD ADR/10
F:8WY0
|
$3.19 Billion |
|
Patrick Industries Inc
NASDAQ:PATK
|
$3.19 Billion |
|
Catena AB
ST:CATE
|
$3.19 Billion |
|
Karur Vysya Bank Limited
NSE:KARURVYSYA
|
$3.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Kuncai Material Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,891,028,510 to 1,877,943,392, a change of -13,085,118 (-0.7%).
- Net income of 35,142,991 contributed positively to equity growth.
- Dividend payments of 85,982,525 reduced retained earnings.
- Other factors increased equity by 37,754,416.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥35.14 Million | +1.87% |
| Dividends Paid | CN¥85.98 Million | -4.58% |
| Other Changes | CN¥37.75 Million | +2.01% |
| Total Change | CN¥- | -0.69% |
Book Value vs Market Value Analysis
This analysis compares Fujian Kuncai Material 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: 11.63x
- 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 73.39x to 11.63x 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¥0.45 | CN¥33.31 | x |
| 2013-12-31 | CN¥0.66 | CN¥33.31 | x |
| 2014-12-31 | CN¥0.90 | CN¥33.31 | x |
| 2015-12-31 | CN¥1.15 | CN¥33.31 | x |
| 2016-12-31 | CN¥1.41 | CN¥33.31 | x |
| 2017-12-31 | CN¥2.66 | CN¥33.31 | x |
| 2018-12-31 | CN¥2.77 | CN¥33.31 | x |
| 2019-12-31 | CN¥3.00 | CN¥33.31 | x |
| 2020-12-31 | CN¥3.34 | CN¥33.31 | x |
| 2021-12-31 | CN¥3.66 | CN¥33.31 | x |
| 2022-12-31 | CN¥3.82 | CN¥33.31 | x |
| 2023-12-31 | CN¥4.04 | CN¥33.31 | x |
| 2024-12-31 | CN¥2.86 | CN¥33.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Kuncai Material 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): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.62%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.59x
- Recent ROE (1.87%) is below the historical average (14.68%), 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 | 22.03% | 17.15% | 0.89x | 1.44x | CN¥19.31 Million |
| 2013 | 31.39% | 25.81% | 0.79x | 1.54x | CN¥50.04 Million |
| 2014 | 26.16% | 26.30% | 0.71x | 1.41x | CN¥51.19 Million |
| 2015 | 24.82% | 30.69% | 0.56x | 1.46x | CN¥60.00 Million |
| 2016 | 22.04% | 26.64% | 0.48x | 1.72x | CN¥59.40 Million |
| 2017 | 10.36% | 25.16% | 0.38x | 1.09x | CN¥4.06 Million |
| 2018 | 13.89% | 30.71% | 0.40x | 1.13x | CN¥50.47 Million |
| 2019 | 10.47% | 23.79% | 0.34x | 1.28x | CN¥6.57 Million |
| 2020 | 10.05% | 20.94% | 0.33x | 1.45x | CN¥808.86K |
| 2021 | 8.40% | 16.09% | 0.31x | 1.70x | CN¥-27.47 Million |
| 2022 | 4.92% | 10.74% | 0.23x | 2.00x | CN¥-90.81 Million |
| 2023 | 4.44% | 10.13% | 0.19x | 2.30x | CN¥-105.16 Million |
| 2024 | 1.87% | 3.62% | 0.20x | 2.59x | CN¥-152.65 Million |
Industry Comparison
This section compares Fujian Kuncai Material Tech's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $757,076,135
- Average return on equity (ROE) among peers: 17.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Kuncai Material Tech (603826) | CN¥1.97 Billion | 22.03% | 1.53x | $3.19 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $132.89 Million | 13.77% | 0.98x | $508.22 Million |
| Hengyi Petrochemical Co Ltd (000703) | $187.55 Million | -10.77% | 0.62x | $9.61 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.24 Billion | 2.83% | 1.13x | $754.52 Million |
| Luxi Chemical Group Co Ltd (000830) | $2.59 Billion | 8.19% | 3.36x | $4.71 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $92.67 Million | 58.60% | 2.88x | $8.64 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $158.61 Million | 29.32% | 1.96x | $1.21 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $98.99 Million | 29.63% | 2.11x | $1.62 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $583.32 Million |
| Zhejiang Transfar Co Ltd (002010) | $516.04 Million | 15.39% | 0.20x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $790.80 Million | 14.23% | 1.34x | $604.70 Million |
About Fujian Kuncai Material Tech
Fujian Kuncai Material Technology Co., Ltd. develops and manufactures synthetic mica-based pigments in China and internationally. It offers pigments for applications in automotive coatings, plastics, cosmetics, printing ink, industrial coatings, consumer goods, seed coatings, paper coatings, ceramics and glass, composites, personal care products, and other industries. The company was founded in 1… Read more