Kangxin New Financials
| 600076 Stock | 2.17 0.02 0.93% |
Kangxin | Select Account or Indicator |
Understanding current and past Kangxin New Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kangxin New's financial statements are interrelated, with each one affecting the others. For example, an increase in Kangxin New's assets may result in an increase in income on the income statement.
Please note, the presentation of Kangxin New's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kangxin New's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Kangxin New's management manipulating its earnings.
Kangxin New Stock Summary
Kangxin New competes with Sanxiang Advanced, Uroica Mining, Western Metal, Tibet Huayu, and Fuda Alloy. Kangxin New is entity of China. It is traded as Stock on SHG exchange.Specialization | Basic Materials, Lumber & Wood Production |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE000000QB0 |
| Business Address | No1, Xinhe Industrial |
| Sector | Paper & Forest Products |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.hbkangxin.com.cn |
| Phone | 86 71 2810 2878 |
You should never invest in Kangxin New without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kangxin Stock, because this is throwing your money away. Analyzing the key information contained in Kangxin New's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kangxin New Key Financial Ratios
Kangxin New's financial ratios allow both analysts and investors to convert raw data from Kangxin New's financial statements into concise, actionable information that can be used to evaluate the performance of Kangxin New over time and compare it to other companies across industries.| Revenue | 246.34 M | ||||
| Gross Profit | (130.47 M) | ||||
| EBITDA | (75.08 M) | ||||
| Net Income | (297.1 M) | ||||
| Total Asset | 7 B |
Kangxin New Key Balance Sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 7.1B | 8.0B | 7.1B | 7.0B | 8.0B | 8.4B | |
| Other Current Liab | 613.8K | 507.2M | 893.6M | 505.7M | 581.5M | 610.6M | |
| Net Debt | 2.2B | 1.5B | 1.2B | 872.5M | 1.0B | 1.1B | |
| Retained Earnings | 2.3B | 2.3B | 2.1B | 1.8B | 2.1B | 2.2B | |
| Accounts Payable | 214.2M | 135.6M | 36.8M | 42.1M | 48.4M | 46.0M | |
| Cash | 320.1M | 699.6M | 237.7M | 178.0M | 204.8M | 196.0M | |
| Net Receivables | 392.3M | 193.6M | 44.3M | 85.7M | 77.1M | 73.3M | |
| Inventory | 3.3B | 3.8B | 3.8B | 3.9B | 4.4B | 4.7B | |
| Other Current Assets | 39.1M | 43.8M | 16.0M | 15.7M | 14.1M | 14.8M | |
| Total Liab | 3.1B | 3.1B | 2.5B | 2.6B | 2.9B | 3.1B | |
| Total Current Assets | 4.0B | 4.9B | 4.1B | 4.2B | 4.8B | 5.0B | |
| Short Term Debt | 1.2B | 1.9B | 1.6B | 919.5M | 1.1B | 1.1B | |
| Intangible Assets | 1.7B | 1.7B | 1.6B | 1.6B | 1.8B | 1.9B | |
| Long Term Debt | 542.1M | 570M | 520M | 745M | 856.8M | 899.6M | |
| Other Liab | 450.6M | 187.5M | 51.4M | 70.8M | 81.4M | 71.7M | |
| Net Tangible Assets | 2.4B | 2.1B | 3.0B | 2.9B | 3.3B | 2.7B | |
| Short Long Term Debt | 1.7B | 1.6B | 861.7M | 305.6M | 351.4M | 333.8M | |
| Net Invested Capital | 6.2B | 7.0B | 6.0B | 5.4B | 6.2B | 6.1B | |
| Net Working Capital | 1.6B | 2.4B | 2.3B | 2.6B | 2.9B | 2.1B |
Kangxin New Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 115.4M | 77.3M | 85.8M | 78.1M | 89.9M | 94.4M | |
| Total Revenue | 1.0B | 1.3B | 446.7M | 246.3M | 283.3M | 269.1M | |
| Gross Profit | 94.0M | 221.3M | 48.8M | (54.6M) | (62.8M) | (59.7M) | |
| Operating Income | (110.2M) | 99.6M | (24.2M) | (127.8M) | (147.0M) | (139.7M) | |
| Ebit | 399.6M | (110.2M) | 99.6M | (24.2M) | (27.8M) | (26.4M) | |
| Ebitda | 612.6M | 11.3M | 230.9M | 107.7M | 123.9M | 122.5M | |
| Cost Of Revenue | 929.1M | 1.1B | 397.9M | 301.0M | 346.1M | 373.4M | |
| Income Before Tax | (202.3M) | 28.6M | (194.5M) | (284.8M) | (327.6M) | (311.2M) | |
| Net Income | (162.8M) | 30.5M | (196.0M) | (297.1M) | (341.7M) | (324.6M) | |
| Income Tax Expense | 30.1M | (39.6M) | 1.1M | 1.4M | 1.7M | 1.6M | |
| Research Development | 42.3M | 49.6M | 16.6M | 5.5M | 6.3M | 6.0M | |
| Minority Interest | 47.8M | 2.9M | 2.4M | (1.9M) | (1.7M) | (1.6M) | |
| Tax Provision | (39.6M) | 1.1M | 1.4M | 10.3M | 9.3M | 10.7M | |
| Net Interest Income | (113.8M) | (71.3M) | (78.7M) | (72.2M) | (65.0M) | (68.3M) | |
| Interest Income | 4.1M | 9.0M | 11.5M | 6.9M | 7.9M | 5.0M |
Kangxin New Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Kangxin New Materials. It measures of how well Kangxin is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Kangxin New brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Kangxin had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Kangxin New has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (597.5M) | (491.5M) | (151.2M) | (45.8M) | (41.3M) | (43.3M) | |
| Change In Cash | 60.5M | 348.3M | (365.1M) | (53.5M) | (48.2M) | (45.8M) | |
| Free Cash Flow | (774.1M) | (272.6M) | (6.3M) | (102.1M) | (91.9M) | (96.5M) | |
| Depreciation | 121.4M | 131.2M | 131.9M | 131.9M | 151.6M | 159.2M | |
| Other Non Cash Items | 124.4M | 103.2M | 200.0M | 96.5M | 110.9M | 76.1M | |
| Dividends Paid | 97.2M | 80.8M | 84.9M | 76.4M | 87.9M | 92.3M | |
| Capital Expenditures | 305.4M | 86.6M | 40.5M | 8.0M | 9.2M | 8.8M | |
| Net Income | (162.8M) | 27.5M | (196.0M) | (297.1M) | (341.7M) | (324.6M) | |
| End Period Cash Flow | 149.5M | 497.8M | 132.7M | 177.3M | 203.9M | 180.6M | |
| Investments | (84M) | (200M) | 175.5M | (7.4M) | (8.5M) | (8.9M) | |
| Net Borrowings | 197.4M | 1.3B | 444.1M | (753.8M) | (866.8M) | (823.5M) | |
| Change To Netincome | 90.5M | 74.2M | 90.8M | 67.6M | 77.8M | 72.3M |
Kangxin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kangxin New's current stock value. Our valuation model uses many indicators to compare Kangxin New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kangxin New competition to find correlations between indicators driving Kangxin New's intrinsic value. More Info.Kangxin New Materials is rated below average in return on equity category among its peers. It is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kangxin New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kangxin New's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Kangxin New Materials Systematic Risk
Kangxin New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kangxin New volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Kangxin New Materials correlated with the market. If Beta is less than 0 Kangxin New generally moves in the opposite direction as compared to the market. If Kangxin New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kangxin New Materials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kangxin New is generally in the same direction as the market. If Beta > 1 Kangxin New moves generally in the same direction as, but more than the movement of the benchmark.
Kangxin New Materials Total Assets Over Time
Kangxin New Thematic Clasifications
Kangxin New Materials is part of Plastics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Kangxin New March 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kangxin New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kangxin New Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kangxin New Materials based on widely used predictive technical indicators. In general, we focus on analyzing Kangxin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kangxin New's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 20.37 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 4.69 |
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