KBC Corporation Ltd (688598) - Net Assets

Latest as of September 2025: CN¥4.98 Billion CNY ≈ $728.01 Million USD

Based on the latest financial reports, KBC Corporation Ltd (688598) has net assets worth CN¥4.98 Billion CNY (≈ $728.01 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¥6.05 Billion ≈ $884.81 Million USD) and total liabilities (CN¥1.07 Billion ≈ $156.80 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 KBC Corporation Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore KBC Corporation Ltd total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 688598 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥5.18 Billion ≈ $758.61 Million	-14.50%
2023-12-31	CN¥6.06 Billion ≈ $887.30 Million	+1.26%
2022-12-31	CN¥5.99 Billion ≈ $876.22 Million	+216.64%
2021-12-31	CN¥1.89 Billion ≈ $276.73 Million	+46.29%
2020-12-31	CN¥1.29 Billion ≈ $189.16 Million	+378.77%
2019-12-31	CN¥270.00 Million ≈ $39.51 Million	+27.44%
2018-12-31	CN¥211.86 Million ≈ $31.00 Million	+29.86%
2017-12-31	CN¥163.14 Million ≈ $23.87 Million	+29.61%
2016-12-31	CN¥125.87 Million ≈ $18.42 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
Zhejiang Chimin Pharm Co Ltd SHG:603222	$753.01 Million
Shanghai Xuerong Bio-Technology Co Ltd SHE:300511	$753.02 Million
Zhejiang Noblelift Equip SHG:603611	$753.15 Million
Beijing Thunisoft Co Ltd SHE:300271	$753.20 Million
Korea Petro Chemical Ind KO:006650	$752.96 Million
Sobute New Materials Co Ltd SHG:603916	$752.93 Million
Qiaoyin Environmental Tech Co Ltd SHE:002973	$752.89 Million
Jiangyin Pivot Automotive Products Co. Ltd. SHE:301181	$752.88 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: 0.98x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 21.79x to 0.98x 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¥24.79	x
2017-12-31	CN¥1.47	CN¥24.79	x
2018-12-31	CN¥1.74	CN¥24.79	x
2019-12-31	CN¥2.07	CN¥24.79	x
2020-12-31	CN¥8.17	CN¥24.79	x
2021-12-31	CN¥10.63	CN¥24.79	x
2022-12-31	CN¥46.94	CN¥24.79	x
2023-12-31	CN¥29.12	CN¥24.79	x
2024-12-31	CN¥25.29	CN¥24.79	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: $4,415,086,959
Average return on equity (ROE) among peers: 9.18%

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	$752.98 Million
Chongqing Sanxia Paints Co Ltd (000565)	$1.26 Billion	5.64%	0.27x	$499.34 Million
Hengyi Petrochemical Co Ltd (000703)	$15.85 Billion	10.63%	1.10x	$9.30 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782)	$894.70 Million	2.56%	0.68x	$741.46 Million
Luxi Chemical Group Co Ltd (000830)	$1.14 Billion	6.96%	1.67x	$4.75 Billion
China Minmetals Rare Earth Co Ltd (000831)	$3.12 Billion	24.63%	0.08x	$8.45 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859)	$923.46 Million	4.58%	0.60x	$1.19 Billion
Cofco Biochemical Anhui Co Ltd (000930)	$2.34 Billion	10.76%	1.89x	$1.65 Billion
Shandong Link Science and Technology Co Ltd (001207)	$1.77 Billion	9.55%	0.33x	$582.05 Million
Zhejiang Transfar Co Ltd (002010)	$16.39 Billion	9.78%	0.86x	$2.36 Billion
Poly Union Chemical Holding Group Co Ltd (002037)	$457.55 Million	6.71%	0.32x	$605.40 Million

About KBC Corporation Ltd

SHG:688598 China Specialty Chemicals

Market Cap

$752.98 Million

CN¥5.15 Billion CNY

Market Cap Rank

#10472 Global

#3052 in China

Share Price

CN¥24.79

Change (1 day)

-0.48%

52-Week Range

CN¥21.20 - CN¥37.97

All Time High

CN¥278.43