China Automotive Systems Inc (RYV) - Net Assets
Based on the latest financial reports, China Automotive Systems Inc (RYV) has net assets worth €410.88 Million EUR (≈ $480.36 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 (€843.72 Million ≈ $986.39 Million USD) and total liabilities (€432.84 Million ≈ $506.03 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 China Automotive Systems Inc (RYV) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €410.88 Million |
| % of Total Assets | 48.7% |
| Annual Growth Rate | 3.33% |
| 5-Year Change | 22.04% |
| 10-Year Change | 26.85% |
| Growth Volatility | 4.46 |
China Automotive Systems Inc - Net Assets Trend (2013–2024)
This chart illustrates how China Automotive Systems Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of China Automotive Systems Inc for the complete picture of this company's asset base.
Annual Net Assets for China Automotive Systems Inc (2013–2024)
The table below shows the annual net assets of China Automotive Systems Inc from 2013 to 2024. For live valuation and market cap data, see China Automotive Systems Inc (RYV) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €389.79 Million ≈ $455.70 Million |
+5.80% |
| 2023-12-31 | €368.42 Million ≈ $430.72 Million |
+12.52% |
| 2022-12-31 | €327.42 Million ≈ $382.78 Million |
-2.97% |
| 2021-12-31 | €337.44 Million ≈ $394.50 Million |
+5.65% |
| 2020-12-31 | €319.39 Million ≈ $373.40 Million |
+3.24% |
| 2019-12-31 | €309.37 Million ≈ $361.69 Million |
+1.49% |
| 2018-12-31 | €304.83 Million ≈ $356.37 Million |
-0.43% |
| 2017-12-31 | €306.13 Million ≈ $357.90 Million |
+0.08% |
| 2016-12-31 | €305.89 Million ≈ $357.62 Million |
-0.46% |
| 2015-12-31 | €307.30 Million ≈ $359.26 Million |
+3.06% |
| 2014-12-31 | €298.17 Million ≈ $348.59 Million |
+9.71% |
| 2013-12-31 | €271.77 Million ≈ $317.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Automotive Systems Inc'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 86.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €290.27 Million | 83.04% |
| Other Components | €59.30 Million | 16.96% |
| Total Equity | €349.57 Million | 100.00% |
China Automotive Systems Inc Competitors by Market Cap
The table below lists competitors of China Automotive Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Captor Therapeutics S.A.
WAR:CTX
|
$119.47 Million |
|
Spir Group ASA
OL:SPIR
|
$119.48 Million |
|
After You Public Company Limited
BK:AU
|
$119.48 Million |
|
Nicola Mining Inc
V:NIM
|
$119.50 Million |
|
Tonlin Department Store Co Ltd
TW:2910
|
$119.36 Million |
|
Tempore Properties SOCIMI SAU
MC:YTEM
|
$119.34 Million |
|
Newcore Gold Ltd
V:NCAU
|
$119.32 Million |
|
Prime Office A/S
CO:PRIMOF
|
$119.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Automotive Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 344,464,000 to 349,569,000, a change of 5,105,000 (1.5%).
- Net income of 29,979,000 contributed positively to equity growth.
- Dividend payments of 22,433,000 reduced retained earnings.
- Share repurchases of 68,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €29.98 Million | +8.58% |
| Dividends Paid | €22.43 Million | -6.42% |
| Share Repurchases | €68.00K | -0.02% |
| Other Changes | €-2.37 Million | -0.68% |
| Total Change | €- | 1.48% |
Book Value vs Market Value Analysis
This analysis compares China Automotive Systems Inc'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: 0.34x
- 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 | €9.46 | €3.92 | x |
| 2018-12-31 | €9.04 | €3.92 | x |
| 2019-12-31 | €9.28 | €3.92 | x |
| 2020-12-31 | €9.83 | €3.92 | x |
| 2021-12-31 | €10.41 | €3.92 | x |
| 2022-12-31 | €10.32 | €3.92 | x |
| 2023-12-31 | €11.41 | €3.92 | x |
| 2024-12-31 | €11.59 | €3.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Automotive Systems Inc 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): 8.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.61%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.43x
- Recent ROE (8.58%) is above the historical average (5.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.82% | 6.45% | 0.73x | 2.49x | €4.12 Million |
| 2014 | 11.60% | 7.19% | 0.74x | 2.18x | €4.62 Million |
| 2015 | 9.16% | 6.17% | 0.73x | 2.03x | €-2.52 Million |
| 2016 | 7.49% | 4.87% | 0.73x | 2.10x | €-7.54 Million |
| 2017 | -6.46% | -3.88% | 0.70x | 2.40x | €-49.29 Million |
| 2018 | 0.83% | 0.48% | 0.72x | 2.42x | €-26.21 Million |
| 2019 | 3.44% | 2.31% | 0.65x | 2.28x | €-18.96 Million |
| 2020 | -1.64% | -1.19% | 0.59x | 2.33x | €-35.30 Million |
| 2021 | 3.44% | 2.22% | 0.69x | 2.23x | €-21.05 Million |
| 2022 | 6.80% | 4.00% | 0.74x | 2.29x | €-9.98 Million |
| 2023 | 10.93% | 6.53% | 0.75x | 2.23x | €3.21 Million |
| 2024 | 8.58% | 4.61% | 0.77x | 2.43x | €-4.98 Million |
Industry Comparison
This section compares China Automotive Systems Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $693,881,237,413
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Automotive Systems Inc (RYV) | €410.88 Million | 11.82% | 1.05x | $119.38 Million |
| Fuyao Glass Industry Group Co. Ltd (4FG) | $28.99 Billion | 16.41% | 0.75x | $4.50 Billion |
| AUMOVIO N (AMV0) | $4.13 Billion | -8.06% | 4.87x | $3.91 Billion |
| Bertrandt Aktiengesellschaft (BDT) | $280.32 Million | 22.24% | 0.68x | $128.19 Million |
| Bridgestone Corporation (BGTA) | $2.40 Trillion | 12.00% | 0.65x | $23.85 Billion |
| Continental Aktiengesellschaft (CON) | $12.64 Billion | -7.61% | 2.14x | $14.66 Billion |
| Delticom AG (DEX) | $39.67 Million | 7.09% | 3.92x | $28.37 Million |
| DENSO CORP. ADR 4 (DNOA) | $4.49 Trillion | 5.88% | 0.66x | $28.19 Billion |
| EDAG Engineering Group AG (ED4) | $127.86 Million | 5.49% | 4.04x | $107.85 Million |
| Grammer AG (GMM) | $314.84 Million | 7.40% | 3.58x | $100.75 Million |
| HWA AG (H9W) | $25.28 Million | 7.40% | 1.48x | $34.74 Million |
About China Automotive Systems Inc
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China, the United States, and internationally. The company produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; … Read more