KBC Corporation Ltd
KBC Corporation, Ltd. engages in the research and development, production, and sale of carbon-based composite materials and products in China and internationally. The company offers crucibles, guide tubes, insulation tubes, heaters, and other products. Its products are used in photovoltaic and semiconductor, lithium battery, hydrogen energy, carbon-ceramic, vacuum heat treatment metallurgy and hi… Read more
KBC Corporation Ltd (688598) - Net Assets
Latest net assets as of September 2025: CN¥4.98 Billion CNY
Based on the latest financial reports, KBC Corporation Ltd (688598) has net assets worth CN¥4.98 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¥6.05 Billion) and total liabilities (CN¥1.07 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¥4.98 Billion |
| % of Total Assets | 82.28% |
| Annual Growth Rate | 59.16% |
| 5-Year Change | 301.04% |
| 10-Year Change | N/A |
| Growth Volatility | 128.12 |
KBC Corporation Ltd - Net Assets Trend (2016–2024)
This chart illustrates how KBC Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KBC Corporation Ltd (2016–2024)
The table below shows the annual net assets of KBC Corporation Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.18 Billion | -14.50% |
| 2023-12-31 | CN¥6.06 Billion | +1.26% |
| 2022-12-31 | CN¥5.99 Billion | +216.64% |
| 2021-12-31 | CN¥1.89 Billion | +46.29% |
| 2020-12-31 | CN¥1.29 Billion | +378.77% |
| 2019-12-31 | CN¥270.00 Million | +27.44% |
| 2018-12-31 | CN¥211.86 Million | +29.86% |
| 2017-12-31 | CN¥163.14 Million | +29.61% |
| 2016-12-31 | CN¥125.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KBC Corporation 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 2128.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥467.43 Million | 9.03% |
| Common Stock | CN¥204.16 Million | 3.94% |
| Other Comprehensive Income | CN¥154.97 Million | 2.99% |
| Other Components | CN¥4.35 Billion | 84.04% |
| Total Equity | CN¥5.18 Billion | 100.00% |
KBC Corporation Ltd Competitors by Market Cap
The table below lists competitors of KBC Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arvind Limited
NSE:ARVIND
|
$623.55 Million |
|
Ticon Freehold and Leasehold Real Estate Investment Trust
BK:FTREIT
|
$623.59 Million |
|
Hefei Jianghang Aircraft Equipment Corporation Ltd
SHG:688586
|
$623.71 Million |
|
Chengdu Easton Biopharmaceuticals Co Ltd
SHG:688513
|
$623.86 Million |
|
Mid Penn Bancorp
NASDAQ:MPB
|
$623.38 Million |
|
Yatsen Holding
NYSE:YSG
|
$623.15 Million |
|
Odine Solutions Teknoloji As
IS:ODINE
|
$623.11 Million |
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
$622.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KBC Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,057,877,716 to 5,177,859,035, a change of -880,018,681 (-14.5%).
- Net loss of 814,958,230 reduced equity.
- Dividend payments of 14,095,090 reduced retained earnings.
- Share repurchases of 60,092,274 reduced equity.
- Other comprehensive income decreased equity by 7,923,214.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-814.96 Million | -15.74% |
| Dividends Paid | CN¥14.10 Million | -0.27% |
| Share Repurchases | CN¥60.09 Million | -1.16% |
| Other Comprehensive Income | CN¥-7.92 Million | -0.15% |
| Other Changes | CN¥17.05 Million | +0.33% |
| Total Change | CN¥- | -14.53% |
Book Value vs Market Value Analysis
This analysis compares KBC Corporation 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: 1.05x
- 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 23.45x to 1.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.14 | CN¥26.68 | x |
| 2017-12-31 | CN¥1.47 | CN¥26.68 | x |
| 2018-12-31 | CN¥1.74 | CN¥26.68 | x |
| 2019-12-31 | CN¥2.07 | CN¥26.68 | x |
| 2020-12-31 | CN¥8.17 | CN¥26.68 | x |
| 2021-12-31 | CN¥10.63 | CN¥26.68 | x |
| 2022-12-31 | CN¥46.94 | CN¥26.68 | x |
| 2023-12-31 | CN¥29.12 | CN¥26.68 | x |
| 2024-12-31 | CN¥25.29 | CN¥26.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KBC Corporation 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): -15.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -151.80%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.21x
- Recent ROE (-15.74%) is below the historical average (13.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 16.39% | 24.43% | 0.62x | 1.08x | CN¥8.05 Million |
| 2017 | 17.76% | 20.42% | 0.65x | 1.34x | CN¥12.65 Million |
| 2018 | 25.45% | 30.03% | 0.65x | 1.30x | CN¥32.73 Million |
| 2019 | 28.77% | 32.43% | 0.71x | 1.25x | CN¥50.67 Million |
| 2020 | 13.04% | 39.53% | 0.29x | 1.15x | CN¥39.31 Million |
| 2021 | 26.50% | 37.45% | 0.45x | 1.56x | CN¥311.99 Million |
| 2022 | 9.21% | 38.01% | 0.21x | 1.14x | CN¥-47.17 Million |
| 2023 | 3.34% | 18.89% | 0.15x | 1.18x | CN¥-403.33 Million |
| 2024 | -15.74% | -151.80% | 0.09x | 1.21x | CN¥-1.33 Billion |
Industry Comparison
This section compares KBC Corporation Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KBC Corporation Ltd (688598) | CN¥4.98 Billion | 16.39% | 0.22x | $623.40 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |