Changzhou Kaidi Electrical Inc
Changzhou Kaidi Electrical Inc., together with its subsidiaries, engages in the research and development, production, marketing, and sale of linear drive systems in China and internationally. It offers linear drive system products, including electric push rods, manual controllers, electrical boxes, and other supporting components. The company also provides functional sofa products, such as contro… Read more
Changzhou Kaidi Electrical Inc (605288) - Net Assets
Latest net assets as of September 2025: CN¥2.22 Billion CNY
Based on the latest financial reports, Changzhou Kaidi Electrical Inc (605288) has net assets worth CN¥2.22 Billion 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¥2.85 Billion) and total liabilities (CN¥625.05 Million). 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¥2.22 Billion |
| % of Total Assets | 78.03% |
| Annual Growth Rate | 28.7% |
| 5-Year Change | 12.91% |
| 10-Year Change | N/A |
| Growth Volatility | 53.74 |
Changzhou Kaidi Electrical Inc - Net Assets Trend (2015–2024)
This chart illustrates how Changzhou Kaidi Electrical Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Changzhou Kaidi Electrical Inc (2015–2024)
The table below shows the annual net assets of Changzhou Kaidi Electrical Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.22 Billion | +2.51% |
| 2023-12-31 | CN¥2.17 Billion | +4.21% |
| 2022-12-31 | CN¥2.08 Billion | +1.32% |
| 2021-12-31 | CN¥2.05 Billion | +4.32% |
| 2020-12-31 | CN¥1.97 Billion | +173.20% |
| 2019-12-31 | CN¥720.78 Million | +43.27% |
| 2018-12-31 | CN¥503.08 Million | -8.75% |
| 2017-12-31 | CN¥551.33 Million | +50.22% |
| 2016-12-31 | CN¥367.01 Million | +60.00% |
| 2015-12-31 | CN¥229.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changzhou Kaidi Electrical Inc'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 297.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥711.89 Million | 32.03% |
| Common Stock | CN¥70.20 Million | 3.16% |
| Other Components | CN¥1.44 Billion | 64.81% |
| Total Equity | CN¥2.22 Billion | 100.00% |
Changzhou Kaidi Electrical Inc Competitors by Market Cap
The table below lists competitors of Changzhou Kaidi Electrical Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Astro-century Education&Technology Co Ltd
SHE:300654
|
$259.11 Million |
|
Thai Airways International Public Company Limited
PINK:TAWNF
|
$259.20 Million |
|
Hubei Yingtong Telecommunication Cable Co Ltd
SHE:002861
|
$259.20 Million |
|
Perspective Therapeutics Inc.
NYSE MKT:CATX
|
$259.26 Million |
|
Dexco S.A.
SA:DXCO3
|
$259.08 Million |
|
BOROSIL RENEWABLES LIMITED
NSE:BORORENEW
|
$259.05 Million |
|
Autoneum Holding AG
OTCGREY:ATNNF
|
$259.04 Million |
|
Hunan Investment Group Co Ltd
SHE:000548
|
$259.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changzhou Kaidi Electrical Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,168,050,237 to 2,222,490,505, a change of 54,440,268 (2.5%).
- Net income of 86,721,095 contributed positively to equity growth.
- Dividend payments of 33,320,029 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥86.72 Million | +3.9% |
| Dividends Paid | CN¥33.32 Million | -1.5% |
| Other Changes | CN¥1.04 Million | +0.05% |
| Total Change | CN¥- | 2.51% |
Book Value vs Market Value Analysis
This analysis compares Changzhou Kaidi Electrical Inc'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: 3.39x
- 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 20.68x to 3.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥5.21 | CN¥107.81 | x |
| 2016-12-31 | CN¥8.34 | CN¥107.81 | x |
| 2017-12-31 | CN¥10.51 | CN¥107.81 | x |
| 2018-12-31 | CN¥9.58 | CN¥107.81 | x |
| 2019-12-31 | CN¥10.30 | CN¥107.81 | x |
| 2020-12-31 | CN¥27.85 | CN¥107.81 | x |
| 2021-12-31 | CN¥29.25 | CN¥107.81 | x |
| 2022-12-31 | CN¥29.55 | CN¥107.81 | x |
| 2023-12-31 | CN¥30.82 | CN¥107.81 | x |
| 2024-12-31 | CN¥31.78 | CN¥107.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changzhou Kaidi Electrical Inc 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): 3.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.49%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.28x
- Recent ROE (3.90%) is below the historical average (21.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 37.27% | 21.52% | 0.96x | 1.80x | CN¥62.55 Million |
| 2016 | 44.54% | 28.95% | 1.00x | 1.54x | CN¥126.76 Million |
| 2017 | 26.71% | 17.67% | 0.99x | 1.53x | CN¥92.12 Million |
| 2018 | 51.97% | 22.96% | 0.98x | 2.30x | CN¥211.15 Million |
| 2019 | 29.95% | 17.67% | 0.88x | 1.93x | CN¥143.77 Million |
| 2020 | 8.76% | 13.56% | 0.49x | 1.31x | CN¥-24.39 Million |
| 2021 | 5.67% | 6.78% | 0.59x | 1.42x | CN¥-88.85 Million |
| 2022 | 2.34% | 4.15% | 0.47x | 1.20x | CN¥-159.43 Million |
| 2023 | 4.96% | 8.72% | 0.46x | 1.24x | CN¥-109.18 Million |
| 2024 | 3.90% | 6.49% | 0.47x | 1.28x | CN¥-135.53 Million |
Industry Comparison
This section compares Changzhou Kaidi Electrical Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changzhou Kaidi Electrical Inc (605288) | CN¥2.22 Billion | 37.27% | 0.28x | $259.10 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |