Kinco Automation (Shanghai) Co. Ltd. A (688160) - Net Assets
Based on the latest financial reports, Kinco Automation (Shanghai) Co. Ltd. A (688160) has net assets worth CN¥784.72 Million CNY (≈ $114.83 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.03 Billion ≈ $151.34 Million USD) and total liabilities (CN¥249.51 Million ≈ $36.51 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 688160 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥784.72 Million |
| % of Total Assets | 75.88% |
| Annual Growth Rate | 26.2% |
| 5-Year Change | 25.41% |
| 10-Year Change | N/A |
| Growth Volatility | 59.87 |
Kinco Automation (Shanghai) Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Kinco Automation (Shanghai) Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Kinco Automation (Shanghai) Co. Ltd. A balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Kinco Automation (Shanghai) Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Kinco Automation (Shanghai) Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see market value of Kinco Automation (Shanghai) Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥777.19 Million ≈ $113.73 Million |
+3.34% |
| 2023-12-31 | CN¥752.06 Million ≈ $110.05 Million |
+3.47% |
| 2022-12-31 | CN¥726.87 Million ≈ $106.36 Million |
+9.61% |
| 2021-12-31 | CN¥663.16 Million ≈ $97.04 Million |
+7.01% |
| 2020-12-31 | CN¥619.72 Million ≈ $90.68 Million |
+155.41% |
| 2019-12-31 | CN¥242.64 Million ≈ $35.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kinco Automation (Shanghai) Co. Ltd. A'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 195.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥278.80 Million | 36.04% |
| Other Components | CN¥494.80 Million | 63.96% |
| Total Equity | CN¥773.60 Million | 100.00% |
Kinco Automation (Shanghai) Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Kinco Automation (Shanghai) Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goldcup Electric Apparatus Co Ltd
SHE:002533
|
$1.43 Billion |
|
EmbedWay Tech(Shanghai)Corp
SHG:603496
|
$1.43 Billion |
|
General American Investors Closed Fund
NYSE:GAM
|
$1.43 Billion |
|
Bomin Electronics Co Ltd
SHG:603936
|
$1.43 Billion |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190
|
$1.43 Billion |
|
Jiangsu Shagang Co Ltd
SHE:002075
|
$1.43 Billion |
|
Shenzhen Qingyi Photomask Ltd
SHG:688138
|
$1.43 Billion |
|
Saratoga Investama Sedaya
JK:SRTG
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kinco Automation (Shanghai) Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 748,480,005 to 773,600,776, a change of 25,120,771 (3.4%).
- Net income of 48,891,569 contributed positively to equity growth.
- Dividend payments of 25,200,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥48.89 Million | +6.32% |
| Dividends Paid | CN¥25.20 Million | -3.26% |
| Other Changes | CN¥1.43 Million | +0.18% |
| Total Change | CN¥- | 3.36% |
Book Value vs Market Value Analysis
This analysis compares Kinco Automation (Shanghai) Co. Ltd. A'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: 11.66x
- 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 31.28x to 11.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.43 | CN¥107.42 | x |
| 2020-12-31 | CN¥7.23 | CN¥107.42 | x |
| 2021-12-31 | CN¥7.77 | CN¥107.42 | x |
| 2022-12-31 | CN¥8.56 | CN¥107.42 | x |
| 2023-12-31 | CN¥8.91 | CN¥107.42 | x |
| 2024-12-31 | CN¥9.21 | CN¥107.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kinco Automation (Shanghai) Co. Ltd. A 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): 6.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.93%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.32x
- Recent ROE (6.32%) is below the historical average (11.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 19.54% | 12.24% | 1.10x | 1.45x | CN¥20.64 Million |
| 2020 | 10.90% | 15.24% | 0.54x | 1.32x | CN¥5.47 Million |
| 2021 | 11.45% | 13.90% | 0.69x | 1.19x | CN¥9.44 Million |
| 2022 | 12.66% | 16.88% | 0.60x | 1.25x | CN¥19.15 Million |
| 2023 | 8.11% | 11.98% | 0.53x | 1.27x | CN¥-14.16 Million |
| 2024 | 6.32% | 8.93% | 0.53x | 1.32x | CN¥-28.47 Million |
Industry Comparison
This section compares Kinco Automation (Shanghai) Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kinco Automation (Shanghai) Co. Ltd. A (688160) | CN¥784.72 Million | 19.54% | 0.32x | $1.43 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Kinco Automation (Shanghai) Co. Ltd. A
Kinco Automation (Shanghai) Co.,Ltd develops, produces, and sells industrial automation standards and intelligent hardware products in China. The company provides human machine interfaces; programmable logic controllers; motion control, which includes AC servo, DC servo, and stepper systems, as well as motion controllers; and variable frequency drives. Its products are used in factory and e-comme… Read more