Haima Automobile Group Co Ltd
Haima Automobile Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and financial service of automobiles and powertrains in China and internationally. The company offers basic passenger cars, sports utility vehicles, multi-purpose passenger cars, and electric vehicles. It also provides leasing, processing, and after-sales services. In addition, the c… Read more
Haima Automobile Group Co Ltd (000572) - Net Assets
Latest net assets as of June 2025: CN¥2.35 Billion CNY
Based on the latest financial reports, Haima Automobile Group Co Ltd (000572) has net assets worth CN¥2.35 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.80 Billion) and total liabilities (CN¥2.45 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¥2.35 Billion |
| % of Total Assets | 48.98% |
| Annual Growth Rate | 9.83% |
| 5-Year Change | -43.56% |
| 10-Year Change | -74.21% |
| Growth Volatility | 189.95 |
Haima Automobile Group Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Haima Automobile Group 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 Haima Automobile Group Co Ltd (2000–2024)
The table below shows the annual net assets of Haima Automobile Group Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.50 Billion | -9.75% |
| 2023-12-31 | CN¥2.77 Billion | -6.74% |
| 2022-12-31 | CN¥2.98 Billion | -34.64% |
| 2021-12-31 | CN¥4.55 Billion | +2.60% |
| 2020-12-31 | CN¥4.44 Billion | -22.46% |
| 2019-12-31 | CN¥5.72 Billion | -0.95% |
| 2018-12-31 | CN¥5.78 Billion | -30.13% |
| 2017-12-31 | CN¥8.27 Billion | -14.24% |
| 2016-12-31 | CN¥9.64 Billion | -0.72% |
| 2015-12-31 | CN¥9.71 Billion | -0.10% |
| 2014-12-31 | CN¥9.72 Billion | +2.95% |
| 2013-12-31 | CN¥9.44 Billion | +6.42% |
| 2012-12-31 | CN¥8.87 Billion | +5.09% |
| 2011-12-31 | CN¥8.44 Billion | +5.93% |
| 2010-12-31 | CN¥7.97 Billion | +76.69% |
| 2009-12-31 | CN¥4.51 Billion | +15.09% |
| 2008-12-31 | CN¥3.92 Billion | +3.41% |
| 2007-12-31 | CN¥3.79 Billion | +108.73% |
| 2006-12-31 | CN¥1.82 Billion | +474.39% |
| 2005-12-31 | CN¥316.13 Million | +43.13% |
| 2004-12-31 | CN¥220.88 Million | +425.01% |
| 2003-12-31 | CN¥42.07 Million | +728.33% |
| 2002-12-31 | CN¥5.08 Million | -90.13% |
| 2001-12-31 | CN¥51.44 Million | -80.51% |
| 2000-12-31 | CN¥263.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Haima Automobile Group 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 decreased by 382208157712.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥5.58 Billion | 317.59% |
| Total Equity | CN¥1.76 Billion | 100.00% |
Haima Automobile Group Co Ltd Competitors by Market Cap
The table below lists competitors of Haima Automobile Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brilliance China Automotive Holdings Ltd
PINK:BCAUF
|
$995.45 Million |
|
Hello Group Inc
NASDAQ:MOMO
|
$996.15 Million |
|
Waypoint REIT
AU:WPR
|
$996.18 Million |
|
AIXTRON SE
PINK:AIXXF
|
$996.24 Million |
|
Cimpress NV
NASDAQ:CMPR
|
$994.40 Million |
|
Americas Silver Corp
NYSE MKT:USAS
|
$993.28 Million |
|
Retail Estates - Sicafi
BR:RET
|
$993.18 Million |
|
China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd
SHE:003035
|
$992.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haima Automobile Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,897,274,442 to 1,756,587,727, a change of -140,686,715 (-7.4%).
- Net loss of 139,781,071 reduced equity.
- Dividend payments of 9,191,322 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-139.78 Million | -7.96% |
| Dividends Paid | CN¥9.19 Million | -0.52% |
| Other Changes | CN¥8.29 Million | +0.47% |
| Total Change | CN¥- | -7.42% |
Book Value vs Market Value Analysis
This analysis compares Haima Automobile Group 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: 6.39x
- 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 increased from 1.71x to 6.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.98 | CN¥6.82 | x |
| 2018-12-31 | CN¥2.97 | CN¥6.82 | x |
| 2019-12-31 | CN¥2.99 | CN¥6.82 | x |
| 2020-12-31 | CN¥2.18 | CN¥6.82 | x |
| 2021-12-31 | CN¥2.24 | CN¥6.82 | x |
| 2022-12-31 | CN¥1.28 | CN¥6.82 | x |
| 2023-12-31 | CN¥1.15 | CN¥6.82 | x |
| 2024-12-31 | CN¥1.07 | CN¥6.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haima Automobile Group 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): -7.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.67%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 3.18x
- Recent ROE (-7.96%) is below the historical average (-2.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.36% | 1.18% | 0.08x | 3.75x | CN¥-23.51 Million |
| 2003 | 22.69% | 15.00% | 0.09x | 16.58x | CN¥5.34 Million |
| 2004 | 19.56% | 16.23% | 0.43x | 2.81x | CN¥21.11 Million |
| 2005 | 24.80% | 2.09% | 5.12x | 2.31x | CN¥46.78 Million |
| 2006 | 5.53% | 2.72% | 1.59x | 1.28x | CN¥-81.11 Million |
| 2007 | 21.27% | 5.78% | 1.02x | 3.60x | CN¥259.48 Million |
| 2008 | 2.04% | 0.80% | 0.97x | 2.62x | CN¥-191.58 Million |
| 2010 | 6.04% | 3.67% | 0.80x | 2.06x | CN¥-245.48 Million |
| 2011 | 5.16% | 2.99% | 0.86x | 2.02x | CN¥-314.74 Million |
| 2012 | 2.46% | 1.94% | 0.67x | 1.90x | CN¥-503.57 Million |
| 2013 | 4.27% | 2.92% | 0.74x | 1.98x | CN¥-400.11 Million |
| 2014 | 2.96% | 1.85% | 0.72x | 2.23x | CN¥-507.74 Million |
| 2015 | 2.21% | 1.33% | 0.70x | 2.36x | CN¥-573.43 Million |
| 2016 | 3.07% | 1.66% | 0.76x | 2.43x | CN¥-519.92 Million |
| 2017 | -15.18% | -10.27% | 0.61x | 2.41x | CN¥-1.65 Billion |
| 2018 | -33.52% | -32.44% | 0.44x | 2.35x | CN¥-2.13 Billion |
| 2019 | 1.73% | 1.82% | 0.44x | 2.18x | CN¥-406.87 Million |
| 2020 | -37.25% | -92.19% | 0.16x | 2.57x | CN¥-1.69 Billion |
| 2021 | 3.04% | 6.17% | 0.22x | 2.23x | CN¥-255.99 Million |
| 2022 | -74.94% | -65.35% | 0.38x | 3.00x | CN¥-1.78 Billion |
| 2023 | -10.65% | -7.82% | 0.35x | 3.88x | CN¥-391.77 Million |
| 2024 | -7.96% | -7.67% | 0.33x | 3.18x | CN¥-315.44 Million |
Industry Comparison
This section compares Haima Automobile Group Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $17,853,501,994
- Average return on equity (ROE) among peers: -42.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haima Automobile Group Co Ltd (000572) | CN¥2.35 Billion | 0.36% | 1.04x | $994.86 Million |
| Weichai Power Co Ltd Class A (000338) | $40.85 Billion | 12.24% | 1.95x | $22.99 Billion |
| Chongqing Changan Automobile Co Ltd (000625) | $46.15 Billion | 1.47% | 1.03x | $12.14 Billion |
| Faw Car Co Ltd (000800) | $4.48 Billion | 10.21% | 0.28x | $984.75 Million |
| Anhui Ankai Automobile Co Ltd (000868) | $1.38 Billion | 6.88% | 2.00x | $311.06 Million |
| Kunming Yunnei Power Co Ltd (000903) | $3.54 Billion | 4.55% | 0.82x | $463.94 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $832.28 Million | 13.17% | 0.69x | $570.39 Million |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.37 Billion |
| Yinyi Real Estate Co Ltd (000981) | $596.31 Million | -14.36% | 0.78x | $1.56 Billion |
| BYD Co Ltd Class A (002594) | $62.60 Billion | 2.58% | 2.13x | $87.17 Billion |