Kenongwo Group US Inc
Kenongwo Group US, Inc., through its subsidiary, Jiangxi Kenongwo Technology Co., Ltd., researches, develops, manufactures, and sells bamboo charcoal biomass organic, amino acid water-soluble, selenium-rich foliage, and other types of fertilizers in the People's Republic of China. The company sells its products through distributors. Kenongwo Group US, Inc. was incorporated in 2018 and is based in… Read more
Kenongwo Group US Inc (KNGW) - Total Assets
Latest total assets as of June 2023: $4.40 Million USD
Based on the latest financial reports, Kenongwo Group US Inc (KNGW) holds total assets worth $4.40 Million USD as of June 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Kenongwo Group US Inc - Total Assets Trend (2019–2022)
This chart illustrates how Kenongwo Group US Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kenongwo Group US Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Kenongwo Group US Inc's total assets of $4.40 Million consist of 56.5% current assets and 43.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $1.69 Million | 37.6% |
| Inventory | $571.66K | 12.7% |
| Property, Plant & Equipment | $1.91 Million | 42.5% |
| Intangible Assets | $44.34K | 1.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how Kenongwo Group US Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kenongwo Group US Inc's current assets represent 56.5% of total assets in 2022, a decrease from 63.8% in 2019.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2022, down from 12.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 42.5% of total assets.
Kenongwo Group US Inc Competitors by Total Assets
Key competitors of Kenongwo Group US Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nanjing Red Sun Co Ltd
SHE:000525
|
China | CN¥6.84 Billion |
|
ADAMA Ltd
SHE:000553
|
China | CN¥49.93 Billion |
|
Grand Industrial Holding Co Ltd
SHE:000626
|
China | CN¥8.43 Billion |
|
Qinghai Salt Lake Industry Co.Ltd
SHE:000792
|
China | CN¥50.97 Billion |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
China | CN¥5.17 Billion |
|
Asia Potash International Investment Guangzhou Co Ltd
SHE:000893
|
China | CN¥19.38 Billion |
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
China | CN¥19.75 Billion |
|
Sichuan Lutianhua Co Ltd
SHE:000912
|
China | CN¥9.46 Billion |
Kenongwo Group US Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Kenongwo Group US Inc generates 1.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Kenongwo Group US Inc generates $ 20.75 in net profit.
Kenongwo Group US Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.58 | 0.34 | 0.74 |
| Quick Ratio | 1.20 | 0.28 | 0.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $958.80K | $ -3.29 Million | $ -237.46K |
Kenongwo Group US Inc - Advanced Valuation Insights
This section examines the relationship between Kenongwo Group US Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 14.06 |
| Latest Market Cap to Assets Ratio | 3.18 |
| Asset Growth Rate (YoY) | 49.6% |
| Total Assets | $4.51 Million |
| Market Capitalization | $14.33 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Kenongwo Group US Inc's assets at a significant premium ( 3.18x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Kenongwo Group US Inc's assets grew by 49.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Kenongwo Group US Inc (2019–2022)
The table below shows the annual total assets of Kenongwo Group US Inc from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $4.51 Million | +49.61% |
| 2021-12-31 | $3.01 Million | +89.26% |
| 2020-12-31 | $1.59 Million | +51.95% |
| 2019-12-31 | $1.05 Million | -- |