Brilliance China Automotive Holdings Ltd
Brilliance China Automotive Holdings Limited, an investment holding company, manufactures and sells minibuses and automotive components in the People?s Republic of China. The company offers its minibuses under the JinBei and Granse brands. It also provides automotive parts and components, including mouldings, seats, axles, safety and airbag systems, interior decoration items, and engines for mini… Read more
Brilliance China Automotive Holdings Ltd (BCAUF) - Net Assets
Latest net assets as of December 2023: $51.89 Billion USD
Based on the latest financial reports, Brilliance China Automotive Holdings Ltd (BCAUF) has net assets worth $51.89 Billion USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($55.15 Billion) and total liabilities ($3.26 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 | $51.89 Billion |
| % of Total Assets | 94.08% |
| Annual Growth Rate | 15.31% |
| 5-Year Change | 50.52% |
| 10-Year Change | 225.26% |
| Growth Volatility | 22.41 |
Brilliance China Automotive Holdings Ltd - Net Assets Trend (1992–2023)
This chart illustrates how Brilliance China Automotive Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brilliance China Automotive Holdings Ltd (1992–2023)
The table below shows the annual net assets of Brilliance China Automotive Holdings Ltd from 1992 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $51.89 Billion | -0.62% |
| 2022-12-31 | $52.22 Billion | +26.82% |
| 2021-12-31 | $41.17 Billion | +23.43% |
| 2020-12-31 | $33.36 Billion | -3.24% |
| 2019-12-31 | $34.48 Billion | +8.33% |
| 2018-12-31 | $31.82 Billion | +19.19% |
| 2017-12-31 | $26.70 Billion | +18.15% |
| 2016-12-31 | $22.60 Billion | +18.54% |
| 2015-12-31 | $19.06 Billion | +19.49% |
| 2014-12-31 | $15.95 Billion | +31.40% |
| 2013-12-31 | $12.14 Billion | +31.99% |
| 2012-12-31 | $9.20 Billion | +47.48% |
| 2011-12-31 | $6.24 Billion | +18.66% |
| 2010-12-31 | $5.26 Billion | +40.98% |
| 2009-12-31 | $3.73 Billion | -36.45% |
| 2008-12-31 | $5.87 Billion | +0.74% |
| 2007-12-31 | $5.82 Billion | +0.37% |
| 2006-12-31 | $5.80 Billion | -11.45% |
| 2005-12-31 | $6.55 Billion | -17.27% |
| 2004-12-31 | $7.92 Billion | -7.92% |
| 2003-12-31 | $8.60 Billion | +31.91% |
| 2002-12-31 | $6.52 Billion | +9.51% |
| 2001-12-31 | $5.95 Billion | +36.09% |
| 2000-12-31 | $4.38 Billion | +25.30% |
| 1999-12-31 | $3.49 Billion | +72.71% |
| 1998-12-31 | $2.02 Billion | +19.53% |
| 1997-12-31 | $1.69 Billion | +14.11% |
| 1996-12-31 | $1.48 Billion | +3.53% |
| 1995-12-31 | $1.43 Billion | +0.09% |
| 1994-12-31 | $1.43 Billion | +46.21% |
| 1993-12-31 | $978.46 Million | +56.23% |
| 1992-12-31 | $626.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brilliance China Automotive Holdings Ltd'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 173397.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $47.72 Billion | 93.35% |
| Common Stock | $397.18 Million | 0.78% |
| Other Components | $3.00 Billion | 5.87% |
| Total Equity | $51.12 Billion | 100.00% |
Brilliance China Automotive Holdings Ltd Competitors by Market Cap
The table below lists competitors of Brilliance China Automotive Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SURUGA BK
F:URU
|
$996.04 Million |
|
Hello Group Inc
NASDAQ:MOMO
|
$996.15 Million |
|
AIXTRON SE
PINK:AIXXF
|
$996.24 Million |
|
DPCDF
PINK:DPCDF
|
$997.28 Million |
|
Diversified Energy Company plc
NYSE:DEC
|
$994.50 Million |
|
Nuvama Wealth
NSE:NUVAMA
|
$994.41 Million |
|
Shenzhen Cotran New Material Co Ltd Class A
SHE:300731
|
$993.34 Million |
|
Americas Silver Corp
NYSE MKT:USAS
|
$993.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brilliance China Automotive Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 51,445,254,000 to 51,118,104,000, a change of -327,150,000 (-0.6%).
- Net income of 7,734,993,000 contributed positively to equity growth.
- Dividend payments of 8,750,137,000 reduced retained earnings.
- Other factors increased equity by 687,994,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.73 Billion | +15.13% |
| Dividends Paid | $8.75 Billion | -17.12% |
| Other Changes | $687.99 Million | +1.35% |
| Total Change | $- | -0.64% |
Book Value vs Market Value Analysis
This analysis compares Brilliance China Automotive Holdings Ltd'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: 0.03x
- 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.
- The price-to-book ratio has decreased from 1.74x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $0.20 | $0.34 | x |
| 1993-12-31 | $0.28 | $0.34 | x |
| 1994-12-31 | $0.32 | $0.34 | x |
| 1995-12-31 | $0.32 | $0.34 | x |
| 1996-12-31 | $0.29 | $0.34 | x |
| 1997-12-31 | $0.37 | $0.34 | x |
| 1998-12-31 | $0.49 | $0.34 | x |
| 1999-12-31 | $0.95 | $0.34 | x |
| 2000-12-31 | $1.18 | $0.34 | x |
| 2001-12-31 | $1.53 | $0.34 | x |
| 2002-12-31 | $1.64 | $0.34 | x |
| 2003-12-31 | $1.86 | $0.34 | x |
| 2004-12-31 | $1.71 | $0.34 | x |
| 2005-12-31 | $1.67 | $0.34 | x |
| 2006-12-31 | $1.57 | $0.34 | x |
| 2007-12-31 | $1.61 | $0.34 | x |
| 2008-12-31 | $1.65 | $0.34 | x |
| 2009-12-31 | $1.10 | $0.34 | x |
| 2010-12-31 | $1.26 | $0.34 | x |
| 2011-12-31 | $1.39 | $0.34 | x |
| 2012-12-31 | $1.98 | $0.34 | x |
| 2013-12-31 | $2.58 | $0.34 | x |
| 2014-12-31 | $3.36 | $0.34 | x |
| 2015-12-31 | $3.94 | $0.34 | x |
| 2016-12-31 | $4.70 | $0.34 | x |
| 2017-12-31 | $5.26 | $0.34 | x |
| 2018-12-31 | $6.16 | $0.34 | x |
| 2019-12-31 | $6.72 | $0.34 | x |
| 2020-12-31 | $6.60 | $0.34 | x |
| 2021-12-31 | $8.39 | $0.34 | x |
| 2022-12-31 | $10.20 | $0.34 | x |
| 2023-12-31 | $10.13 | $0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brilliance China Automotive Holdings Ltd 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): 15.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 689.73%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.08x
- Recent ROE (15.13%) is above the historical average (12.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 5.34% | 5.45% | 0.46x | 2.13x | $-24.01 Million |
| 1993 | 14.55% | 7.96% | 0.63x | 2.92x | $24.48 Million |
| 1994 | 4.00% | 2.36% | 0.61x | 2.77x | $-48.08 Million |
| 1995 | 3.91% | 2.78% | 0.52x | 2.68x | $-49.34 Million |
| 1996 | 7.17% | 5.00% | 0.58x | 2.46x | $-24.24 Million |
| 1997 | 18.02% | 7.11% | 1.01x | 2.50x | $76.67 Million |
| 1998 | 24.64% | 9.59% | 0.93x | 2.75x | $183.98 Million |
| 1999 | 25.46% | 14.92% | 0.62x | 2.76x | $394.20 Million |
| 2000 | 22.68% | 13.80% | 0.60x | 2.75x | $486.50 Million |
| 2001 | 16.37% | 14.27% | 0.53x | 2.16x | $345.10 Million |
| 2002 | 10.17% | 8.34% | 0.53x | 2.31x | $9.93 Million |
| 2003 | 11.34% | 7.72% | 0.55x | 2.66x | $92.21 Million |
| 2004 | 0.02% | 0.02% | 0.37x | 2.59x | $-684.55 Million |
| 2005 | -10.93% | -12.27% | 0.37x | 2.39x | $-1.29 Billion |
| 2006 | -6.70% | -3.68% | 0.72x | 2.53x | $-962.70 Million |
| 2007 | 1.41% | 0.59% | 0.87x | 2.73x | $-508.00 Million |
| 2008 | 1.34% | 0.69% | 0.67x | 2.86x | $-524.44 Million |
| 2009 | -32.65% | -26.01% | 0.55x | 2.28x | $-2.14 Billion |
| 2010 | 20.09% | 14.20% | 0.68x | 2.09x | $638.39 Million |
| 2011 | 25.93% | 28.13% | 0.50x | 1.83x | $1.11 Billion |
| 2012 | 22.98% | 38.89% | 0.37x | 1.60x | $1.30 Billion |
| 2013 | 25.92% | 55.28% | 0.32x | 1.46x | $2.07 Billion |
| 2014 | 31.91% | 97.98% | 0.24x | 1.37x | $3.71 Billion |
| 2015 | 17.57% | 71.87% | 0.18x | 1.36x | $1.51 Billion |
| 2016 | 15.52% | 71.84% | 0.17x | 1.31x | $1.31 Billion |
| 2017 | 16.50% | 82.49% | 0.14x | 1.43x | $1.72 Billion |
| 2018 | 18.73% | 132.98% | 0.10x | 1.35x | $2.71 Billion |
| 2019 | 19.93% | 175.11% | 0.08x | 1.46x | $3.37 Billion |
| 2020 | 0.03% | 0.36% | 0.07x | 1.44x | $-3.32 Billion |
| 2021 | 28.26% | 558.40% | 0.04x | 1.18x | $7.73 Billion |
| 2022 | 13.89% | 632.06% | 0.02x | 1.08x | $2.00 Billion |
| 2023 | 15.13% | 689.73% | 0.02x | 1.08x | $2.62 Billion |
Industry Comparison
This section compares Brilliance China Automotive Holdings Ltd's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brilliance China Automotive Holdings Ltd (BCAUF) | $51.89 Billion | 5.34% | 0.06x | $995.45 Million |
| Abcam plc (ABCZF) | $15.07 Million | 22.73% | 0.21x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $7.09 Million | -104.63% | 5.72x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.71 Million |
| Adamas Trust, Inc. (ADAMG) | $1.41 Billion | -4.40% | 5.53x | $2.07 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $13.74 Million | 0.00% | 2.67x | $9.38 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $51.99 Million | -0.21% | 3.57x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $1.03 Million | -345.23% | 6.23x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $2.41 Billion | -5.83% | 0.11x | $119.23K |
| Alvotech Warrant (ALVOW) | $-412.77 Million | 0.00% | 0.00x | $35.01 Million |