China Harmony Auto Holding Limited
China Harmony Auto Holding Limited, an investment holding company, engages in the sale of automobiles in Mainland China, Hong Kong, and internationally. The company offers luxury and ultra-luxury vehicles under the BMW, MINI, Audi, Volvo, Land Rover, Lexus, Jaguar, Lincoln, and Alfa Romeo, as well as Rolls-Royce, Bentley, Ferrari, Maserati, and Lamborghini brands through dealership outlets. It al… Read more
China Harmony Auto Holding Limited (HA5) - Net Assets
Latest net assets as of June 2025: €5.25 Billion EUR
Based on the latest financial reports, China Harmony Auto Holding Limited (HA5) has net assets worth €5.25 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€11.87 Billion) and total liabilities (€6.61 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 | €5.25 Billion |
| % of Total Assets | 44.25% |
| Annual Growth Rate | -0.5% |
| 5-Year Change | -30.4% |
| 10-Year Change | N/A |
| Growth Volatility | 11.92 |
China Harmony Auto Holding Limited - Net Assets Trend (2016–2024)
This chart illustrates how China Harmony Auto Holding Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Harmony Auto Holding Limited (2016–2024)
The table below shows the annual net assets of China Harmony Auto Holding Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.25 Billion | -7.27% |
| 2023-12-31 | €5.67 Billion | -6.00% |
| 2022-12-31 | €6.03 Billion | -25.06% |
| 2021-12-31 | €8.04 Billion | +6.56% |
| 2020-12-31 | €7.55 Billion | +3.06% |
| 2019-12-31 | €7.32 Billion | +5.81% |
| 2018-12-31 | €6.92 Billion | +9.33% |
| 2017-12-31 | €6.33 Billion | +15.74% |
| 2016-12-31 | €5.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Harmony Auto Holding Limited'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 61.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.20 Billion | 42.53% |
| Other Components | €2.97 Billion | 57.47% |
| Total Equity | €5.17 Billion | 100.00% |
China Harmony Auto Holding Limited Competitors by Market Cap
The table below lists competitors of China Harmony Auto Holding Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coast Entertainment Holdings Ltd
AU:CEH
|
$102.02 Million |
|
LB Semicon Inc
KQ:061970
|
$102.07 Million |
|
Quartzsea Acquisition Corporation
NASDAQ:QSEA
|
$102.09 Million |
|
Kernex Microsystems (India) Limited
NSE:KERNEX
|
$102.13 Million |
|
PT Estee Gold Feet Tbk
JK:EURO
|
$101.98 Million |
|
Andina Copper Corporation
V:ANDC
|
$101.97 Million |
|
Asiacement
KO:183190
|
$101.96 Million |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180
|
$101.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Harmony Auto Holding Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,572,299,000 to 5,173,726,000, a change of -398,573,000 (-7.2%).
- Net loss of 291,070,000 reduced equity.
- Dividend payments of 49,701,000 reduced retained earnings.
- Other factors decreased equity by 57,802,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-291.07 Million | -5.63% |
| Dividends Paid | €49.70 Million | -0.96% |
| Other Changes | €-57.80 Million | -1.12% |
| Total Change | €- | -7.15% |
Book Value vs Market Value Analysis
This analysis compares China Harmony Auto Holding Limited'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: 0.04x
- 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 | €4.09 | €0.15 | x |
| 2018-12-31 | €4.50 | €0.15 | x |
| 2019-12-31 | €4.62 | €0.15 | x |
| 2020-12-31 | €4.75 | €0.15 | x |
| 2021-12-31 | €5.08 | €0.15 | x |
| 2022-12-31 | €3.84 | €0.15 | x |
| 2023-12-31 | €3.65 | €0.15 | x |
| 2024-12-31 | €3.46 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Harmony Auto Holding Limited 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): -5.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.86%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 2.37x
- Recent ROE (-5.63%) is below the historical average (0.29%), 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 | -6.81% | -3.47% | 1.11x | 1.76x | €-914.58 Million |
| 2017 | 16.05% | 9.31% | 1.08x | 1.60x | €380.62 Million |
| 2018 | 9.94% | 6.43% | 0.97x | 1.60x | €-4.15 Million |
| 2019 | 7.06% | 4.07% | 1.10x | 1.57x | €-213.73 Million |
| 2020 | 5.48% | 2.78% | 1.19x | 1.65x | €-338.10 Million |
| 2021 | 8.45% | 3.74% | 1.36x | 1.66x | €-123.58 Million |
| 2022 | -27.37% | -9.97% | 1.51x | 1.82x | €-2.22 Billion |
| 2023 | -4.53% | -1.52% | 1.53x | 1.94x | €-809.42 Million |
| 2024 | -5.63% | -1.86% | 1.28x | 2.37x | €-808.44 Million |
Industry Comparison
This section compares China Harmony Auto Holding Limited's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $44,336,764,250
- Average return on equity (ROE) among peers: 13.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Harmony Auto Holding Limited (HA5) | €5.25 Billion | -6.81% | 1.26x | $102.01 Million |
| CarGurus Inc (0C6) | $541.69 Million | 3.87% | 0.52x | $2.17 Billion |
| China Yongda Automobiles Services Holdings Ltd (1CY) | $4.60 Billion | 11.40% | 2.74x | $185.88 Million |
| Pasquarelli Auto S.p.A. (O01) | $14.93 Million | 26.38% | 2.69x | $8.75K |
| USS Co. Ltd (USV) | $172.19 Billion | 14.10% | 0.29x | $3.45 Billion |