Wanxiang Qianchao Co Ltd

SHE:000559 China Auto Parts
Market Cap
$7.54 Billion
CN¥55.33 Billion CNY
Market Cap Rank
#4309 Global
#436 in China
Share Price
CN¥16.69
Change (1 day)
-1.53%
52-Week Range
CN¥6.05 - CN¥20.45
All Time High
CN¥20.45
Categories
Companies in China Auto Parts
About

Wanxiang Qianchao Co.,Ltd. engages in research and development, manufacture, and sale of auto parts in China and internationally. It offers roller, needle, and seal products; wheel bearing unit products; shock absorber assembly products; precision forging; bearing products; fuel tank and exhaust muffler system; automotive electronic; universal joint assembly; braking system products; constant spe… Read more

Wanxiang Qianchao Co Ltd (000559) - Net Assets

Latest net assets as of September 2025: CN¥9.60 Billion CNY

Based on the latest financial reports, Wanxiang Qianchao Co Ltd (000559) has net assets worth CN¥9.60 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥24.64 Billion) and total liabilities (CN¥15.04 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 CN¥9.60 Billion
% of Total Assets 38.98%
Annual Growth Rate 16.89%
5-Year Change 5.69%
10-Year Change 104.07%
Growth Volatility 37.6

Wanxiang Qianchao Co Ltd - Net Assets Trend (1991–2024)

This chart illustrates how Wanxiang Qianchao Co 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 Wanxiang Qianchao Co Ltd (1991–2024)

The table below shows the annual net assets of Wanxiang Qianchao Co Ltd from 1991 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.35 Billion +3.29%
2023-12-31 CN¥9.05 Billion +1.46%
2022-12-31 CN¥8.92 Billion +1.54%
2021-12-31 CN¥8.78 Billion -0.69%
2020-12-31 CN¥8.85 Billion +62.35%
2019-12-31 CN¥5.45 Billion -0.26%
2018-12-31 CN¥5.46 Billion +1.30%
2017-12-31 CN¥5.39 Billion +14.15%
2016-12-31 CN¥4.72 Billion +3.12%
2015-12-31 CN¥4.58 Billion +5.09%
2014-12-31 CN¥4.36 Billion +13.43%
2013-12-31 CN¥3.84 Billion -3.37%
2012-12-31 CN¥3.98 Billion -3.53%
2011-12-31 CN¥4.12 Billion +2.05%
2010-12-31 CN¥4.04 Billion +115.19%
2009-12-31 CN¥1.88 Billion +5.15%
2008-12-31 CN¥1.79 Billion -26.36%
2007-12-31 CN¥2.42 Billion +7.78%
2006-12-31 CN¥2.25 Billion +5.97%
2005-12-31 CN¥2.12 Billion +5.41%
2004-12-31 CN¥2.01 Billion +8.08%
2003-12-31 CN¥1.86 Billion +17.00%
2002-12-31 CN¥1.59 Billion +10.85%
2001-12-31 CN¥1.44 Billion +39.92%
2000-12-31 CN¥1.03 Billion +8.60%
1999-12-31 CN¥945.46 Million +15.41%
1998-12-31 CN¥819.25 Million +46.65%
1997-12-31 CN¥558.63 Million +25.30%
1996-12-31 CN¥445.83 Million +93.71%
1995-12-31 CN¥230.15 Million -5.91%
1994-12-31 CN¥244.61 Million +8.75%
1993-12-31 CN¥224.92 Million +159.34%
1992-12-31 CN¥86.73 Million +59.96%
1991-12-31 CN¥54.22 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wanxiang Qianchao Co 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 250244395700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.50 Billion 27.35%
Common Stock CN¥3.30 Billion 36.11%
Other Components CN¥3.34 Billion 36.55%
Total Equity CN¥9.15 Billion 100.00%

Wanxiang Qianchao Co Ltd Competitors by Market Cap

The table below lists competitors of Wanxiang Qianchao Co Ltd ranked by their market capitalization.

Company Market Cap
Guangdong HongDa Blasting Co Ltd
SHE:002683
 		$2.57 Billion
Scorpio Tankers Inc
NYSE:STNG
 		$2.57 Billion
Interpump Group S.p.A.
LSE:0EWD
 		$2.57 Billion
Mankind Pharma Ltd
NSE:MANKIND
 		$2.57 Billion
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
 		$2.57 Billion
Beijing Ultrapower Software
SHE:300002
 		$2.57 Billion
China Resources Double-Crane Pharmaceutical Co Ltd
SHG:600062
 		$2.56 Billion
Curbline Properties Corp.
NYSE:CURB
 		$2.56 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wanxiang Qianchao Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,859,273,274 to 9,150,318,306, a change of 291,045,032 (3.3%).
  • Net income of 951,002,416 contributed positively to equity growth.
  • Dividend payments of 704,499,421 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,049,892,972.
  • Other factors increased equity by 1,094,435,009.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥951.00 Million +10.39%
Dividends Paid CN¥704.50 Million -7.7%
Other Comprehensive Income CN¥-1.05 Billion -11.47%
Other Changes CN¥1.09 Billion +11.96%
Total Change CN¥- 3.29%

Book Value vs Market Value Analysis

This analysis compares Wanxiang Qianchao Co 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: 5.98x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 598.41x to 5.98x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.03 CN¥16.69 x
1992-12-31 CN¥0.04 CN¥16.69 x
1993-12-31 CN¥0.12 CN¥16.69 x
1994-12-31 CN¥0.13 CN¥16.69 x
1995-12-31 CN¥0.12 CN¥16.69 x
1996-12-31 CN¥0.20 CN¥16.69 x
1997-12-31 CN¥0.24 CN¥16.69 x
1998-12-31 CN¥0.37 CN¥16.69 x
1999-12-31 CN¥0.43 CN¥16.69 x
2000-12-31 CN¥0.48 CN¥16.69 x
2001-12-31 CN¥0.65 CN¥16.69 x
2002-12-31 CN¥0.68 CN¥16.69 x
2003-12-31 CN¥0.76 CN¥16.69 x
2004-12-31 CN¥0.80 CN¥16.69 x
2005-12-31 CN¥0.84 CN¥16.69 x
2006-12-31 CN¥0.91 CN¥16.69 x
2007-12-31 CN¥0.95 CN¥16.69 x
2008-12-31 CN¥0.76 CN¥16.69 x
2009-12-31 CN¥0.85 CN¥16.69 x
2010-12-31 CN¥1.86 CN¥16.69 x
2011-12-31 CN¥1.68 CN¥16.69 x
2012-12-31 CN¥1.59 CN¥16.69 x
2013-12-31 CN¥1.51 CN¥16.69 x
2014-12-31 CN¥1.73 CN¥16.69 x
2015-12-31 CN¥1.82 CN¥16.69 x
2016-12-31 CN¥1.57 CN¥16.69 x
2017-12-31 CN¥1.83 CN¥16.69 x
2018-12-31 CN¥1.89 CN¥16.69 x
2019-12-31 CN¥1.89 CN¥16.69 x
2020-12-31 CN¥2.60 CN¥16.69 x
2021-12-31 CN¥2.59 CN¥16.69 x
2022-12-31 CN¥2.63 CN¥16.69 x
2023-12-31 CN¥2.68 CN¥16.69 x
2024-12-31 CN¥2.79 CN¥16.69 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wanxiang Qianchao Co 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): 10.39%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.39%
  • • Asset Turnover: 0.58x
  • • Equity Multiplier: 2.44x
  • Recent ROE (10.39%) is below the historical average (13.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 19.68% 12.21% 1.18x 1.36x CN¥5.25 Million
1992 28.69% 17.87% 1.25x 1.28x CN¥16.21 Million
1993 14.02% 16.01% 0.84x 1.04x CN¥9.05 Million
1994 16.56% 21.73% 0.66x 1.16x CN¥16.06 Million
1995 17.26% 17.38% 0.66x 1.51x CN¥16.70 Million
1996 14.35% 12.22% 0.61x 1.93x CN¥16.89 Million
1997 17.77% 12.65% 0.73x 1.93x CN¥36.67 Million
1998 12.38% 12.22% 0.59x 1.71x CN¥17.22 Million
1999 13.90% 9.69% 0.87x 1.64x CN¥32.66 Million
2000 15.79% 11.91% 0.77x 1.72x CN¥53.71 Million
2001 9.16% 10.59% 0.53x 1.63x CN¥-10.69 Million
2002 10.14% 8.29% 0.64x 1.90x CN¥1.82 Million
2003 10.22% 7.63% 0.64x 2.10x CN¥3.22 Million
2004 9.66% 6.48% 0.53x 2.82x CN¥-5.24 Million
2005 8.34% 4.81% 0.57x 3.05x CN¥-27.10 Million
2006 10.35% 5.10% 0.69x 2.94x CN¥6.14 Million
2007 14.27% 6.22% 0.77x 2.98x CN¥78.72 Million
2008 14.99% 4.55% 0.83x 3.94x CN¥73.47 Million
2009 16.25% 4.78% 0.96x 3.55x CN¥102.32 Million
2010 11.31% 5.45% 0.97x 2.15x CN¥49.28 Million
2011 12.04% 5.69% 0.93x 2.28x CN¥78.73 Million
2012 12.64% 5.23% 1.03x 2.34x CN¥96.38 Million
2013 15.37% 5.73% 0.95x 2.82x CN¥185.32 Million
2014 17.76% 7.19% 0.83x 2.99x CN¥308.80 Million
2015 18.60% 7.60% 0.80x 3.05x CN¥360.06 Million
2016 19.17% 7.73% 0.94x 2.65x CN¥398.84 Million
2017 17.46% 7.90% 0.97x 2.28x CN¥376.51 Million
2018 13.86% 6.36% 0.94x 2.31x CN¥201.22 Million
2019 10.31% 5.07% 0.88x 2.31x CN¥15.98 Million
2020 5.07% 4.01% 0.70x 1.80x CN¥-424.44 Million
2021 8.02% 4.79% 0.85x 1.97x CN¥-168.96 Million
2022 9.30% 5.77% 0.73x 2.21x CN¥-60.61 Million
2023 9.27% 5.67% 0.69x 2.36x CN¥-64.41 Million
2024 10.39% 7.39% 0.58x 2.44x CN¥35.97 Million

Industry Comparison

This section compares Wanxiang Qianchao Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,450,386,007
  • Average return on equity (ROE) among peers: 2.54%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wanxiang Qianchao Co Ltd (000559) CN¥9.60 Billion 19.68% 1.57x $2.57 Billion
FAWER Automotive Parts Ltd Co (000030) $-1.65 Million 0.00% 0.00x $362.53 Million
Gui Zhou Tyre Co Ltd (000589) $3.49 Billion -7.43% 2.21x $811.92 Million
Qingdao Doublestar Co Ltd (000599) $1.56 Billion 1.77% 2.12x $455.37 Million
Hengli Industrial Development Group Co Ltd (000622) $-104.62 Million 0.00% 0.00x $7.81 Million
Xiangyang Automobile Bearing Co Ltd (000678) $351.71 Million 3.10% 0.97x $643.46 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $2.38 Billion 4.32% 2.30x $956.75 Million
Sichuan Haowu Electromechanical Co Ltd (000757) $546.55 Million 2.75% 0.63x $234.35 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $13.03 Billion 9.60% 0.85x $2.06 Billion
Aerospace Hi-Tech Holding Group Co Ltd (000901) $805.42 Million 8.72% 0.32x $1.67 Billion