Shanghai Kai Kai Industry Co Ltd B

SHG:900943 China Apparel Manufacturing
Market Cap
$34.40 Million
Market Cap Rank
#19157 Global
#4623 in China
Share Price
$0.43
Change (1 day)
+0.00%
52-Week Range
$0.43 - $0.57
All Time High
$1.48
About

Shanghai Kai Kai Industry Company Limited engages in the wholesale and retail of pharmaceutical products in China. The company engages in the wholesale and retail of traditional Chinese and Western medicines; medical devices; reagents; consumables and diagnosis; and treatment services, etc. under the Shang Lei brand, as well as production and sale of Chinese patent medicine under the Jing and Que… Read more

Shanghai Kai Kai Industry Co Ltd B (900943) - Net Assets

Latest net assets as of June 2025: $657.92 Million USD

Based on the latest financial reports, Shanghai Kai Kai Industry Co Ltd B (900943) has net assets worth $657.92 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 ($1.54 Billion) and total liabilities ($878.36 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 $657.92 Million
% of Total Assets 42.83%
Annual Growth Rate 2.53%
5-Year Change 24.61%
10-Year Change N/A
Growth Volatility 3.48

Shanghai Kai Kai Industry Co Ltd B - Net Assets Trend (2015–2024)

This chart illustrates how Shanghai Kai Kai Industry Co Ltd B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Kai Kai Industry Co Ltd B (2015–2024)

The table below shows the annual net assets of Shanghai Kai Kai Industry Co Ltd B from 2015 to 2024.

Year Net Assets Change
2024-12-31 $648.99 Million +6.88%
2023-12-31 $607.20 Million +5.01%
2022-12-31 $578.25 Million +5.80%
2021-12-31 $546.54 Million +4.94%
2020-12-31 $520.80 Million +0.13%
2019-12-31 $520.14 Million +3.81%
2018-12-31 $501.05 Million -0.23%
2017-12-31 $502.22 Million +1.69%
2016-12-31 $493.89 Million -4.67%
2015-12-31 $518.11 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Kai Kai Industry Co Ltd B'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 139.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $298.98 Million 48.31%
Other Components $319.88 Million 51.69%
Total Equity $618.86 Million 100.00%

Shanghai Kai Kai Industry Co Ltd B Competitors by Market Cap

The table below lists competitors of Shanghai Kai Kai Industry Co Ltd B ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Kai Kai Industry Co Ltd B's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 595,827,343 to 618,859,548, a change of 23,032,204 (3.9%).
  • Net income of 34,999,094 contributed positively to equity growth.
  • Dividend payments of 12,218,973 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $35.00 Million +5.66%
Dividends Paid $12.22 Million -1.97%
Other Changes $252.08K +0.04%
Total Change $- 3.87%

Book Value vs Market Value Analysis

This analysis compares Shanghai Kai Kai Industry Co Ltd B'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: 0.17x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 $2.04 $0.43 x
2018-12-31 $2.04 $0.43 x
2019-12-31 $2.12 $0.43 x
2020-12-31 $2.12 $0.43 x
2021-12-31 $2.20 $0.43 x
2022-12-31 $2.34 $0.43 x
2023-12-31 $2.45 $0.43 x
2024-12-31 $2.55 $0.43 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Kai Kai Industry Co Ltd B 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): 5.66%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.20%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 2.40x
  • Recent ROE (5.66%) is above the historical average (5.34%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 3.88% 2.25% 0.85x 2.02x $-31.29 Million
2016 4.36% 2.35% 0.88x 2.10x $-27.50 Million
2017 7.80% 4.03% 0.92x 2.10x $-10.91 Million
2018 7.11% 4.01% 0.86x 2.05x $-14.30 Million
2019 4.27% 2.52% 0.84x 2.02x $-29.51 Million
2020 2.65% 1.80% 0.73x 2.02x $-37.96 Million
2021 4.06% 3.24% 0.63x 1.99x $-31.83 Million
2022 7.03% 4.47% 0.74x 2.12x $-16.91 Million
2023 6.60% 4.25% 0.70x 2.23x $-20.28 Million
2024 5.66% 3.20% 0.74x 2.40x $-26.89 Million

Industry Comparison

This section compares Shanghai Kai Kai Industry Co Ltd B's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $2,303,229,333
  • Average return on equity (ROE) among peers: 5.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Kai Kai Industry Co Ltd B (900943) $657.92 Million 3.88% 1.34x $80.07 Million
Zhejiang Weixing Industrial Development Co Ltd (002003) $2.26 Billion 13.08% 0.18x $870.34 Million
Fujian Septwolves Industry Co Ltd (002029) $1.66 Billion 17.01% 0.46x $462.90 Million
Fujian SBS Zipper Science Tech (002098) $603.58 Million 5.15% 1.09x $196.39 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) $667.53 Million 54.53% 1.78x $368.08 Million
Zhejiang Jiaxin Silk Corp Ltd (002404) $380.29 Million 14.59% 1.41x $268.61 Million
Cedar Development Co Ltd (002485) $2.01 Billion 1.82% 0.15x $114.55 Million
Huasi Agricultural Development Co Ltd (002494) $1.41 Billion 6.72% 0.52x $193.94 Million
Zhejiang Semir Garment Co Ltd (002563) $11.68 Billion 12.72% 0.69x $516.52 Million
Zhejiang Busen Garments Co Ltd (002569) $93.38 Million -71.75% 1.53x $191.63 Million
Lancy Co Ltd (002612) $2.26 Billion 5.37% 0.28x $459.54 Million