Weifu High-Technology Group Co Ltd

SHE:000581 China Auto Parts
Market Cap
$2.50 Billion
CN¥18.37 Billion CNY
Market Cap Rank
#5113 Global
#617 in China
Share Price
CN¥23.13
Change (1 day)
-0.64%
52-Week Range
CN¥18.09 - CN¥25.40
All Time High
CN¥27.82
About

Weifu High-Technology Group Co., Ltd. researches, develops, produces, and sells automotive products in the People's Republic of China. It operates through four segments: Automotive Fuel Injection System, Automotive Post Processing System, Air Management System, and Other Automotive Components Products. The company offers fuel injection system, including high pressure oil pump, high pressure oil r… Read more

Weifu High-Technology Group Co Ltd (000581) - Net Assets

Latest net assets as of September 2025: CN¥20.99 Billion CNY

Based on the latest financial reports, Weifu High-Technology Group Co Ltd (000581) has net assets worth CN¥20.99 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¥29.08 Billion) and total liabilities (CN¥8.09 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¥20.99 Billion
% of Total Assets 72.19%
Annual Growth Rate 14.76%
5-Year Change 9.14%
10-Year Change 67.95%
Growth Volatility 26.3

Weifu High-Technology Group Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Weifu High-Technology 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 Weifu High-Technology Group Co Ltd (1995–2024)

The table below shows the annual net assets of Weifu High-Technology Group Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥20.51 Billion +1.66%
2023-12-31 CN¥20.18 Billion +9.46%
2022-12-31 CN¥18.43 Billion -7.65%
2021-12-31 CN¥19.96 Billion +6.22%
2020-12-31 CN¥18.79 Billion +7.49%
2019-12-31 CN¥17.48 Billion +6.28%
2018-12-31 CN¥16.45 Billion +7.17%
2017-12-31 CN¥15.35 Billion +14.58%
2016-12-31 CN¥13.40 Billion +9.70%
2015-12-31 CN¥12.21 Billion +8.44%
2014-12-31 CN¥11.26 Billion +12.66%
2013-12-31 CN¥10.00 Billion +11.57%
2012-12-31 CN¥8.96 Billion +67.80%
2011-12-31 CN¥5.34 Billion +22.89%
2010-12-31 CN¥4.35 Billion +40.54%
2009-12-31 CN¥3.09 Billion +13.40%
2008-12-31 CN¥2.73 Billion +3.85%
2007-12-31 CN¥2.63 Billion +8.32%
2006-12-31 CN¥2.42 Billion -4.07%
2005-12-31 CN¥2.53 Billion +7.78%
2004-12-31 CN¥2.34 Billion +10.59%
2003-12-31 CN¥2.12 Billion +13.79%
2002-12-31 CN¥1.86 Billion +7.67%
2001-12-31 CN¥1.73 Billion +4.02%
2000-12-31 CN¥1.66 Billion +37.88%
1999-12-31 CN¥1.21 Billion +7.45%
1998-12-31 CN¥1.12 Billion +134.18%
1997-12-31 CN¥479.50 Million +12.05%
1996-12-31 CN¥427.94 Million +12.94%
1995-12-31 CN¥378.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Weifu High-Technology 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 grown by 20811.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥15.52 Billion 78.24%
Common Stock CN¥996.99 Million 5.02%
Other Components CN¥3.32 Billion 16.74%
Total Equity CN¥19.84 Billion 100.00%

Weifu High-Technology Group Co Ltd Competitors by Market Cap

The table below lists competitors of Weifu High-Technology Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Weifu High-Technology Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,399,892,671 to 19,840,528,176, a change of 440,635,505 (2.3%).
  • Net income of 1,659,533,745 contributed positively to equity growth.
  • Dividend payments of 1,209,401,313 reduced retained earnings.
  • Share repurchases of 63,567,420 reduced equity.
  • Other comprehensive income decreased equity by 97,081,142.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.66 Billion +8.36%
Dividends Paid CN¥1.21 Billion -6.1%
Share Repurchases CN¥63.57 Million -0.32%
Other Comprehensive Income CN¥-97.08 Million -0.49%
Other Changes CN¥151.15 Million +0.76%
Total Change CN¥- 2.27%

Book Value vs Market Value Analysis

This analysis compares Weifu High-Technology 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: 1.13x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 54.04x to 1.13x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.43 CN¥23.13 x
1996-12-31 CN¥0.48 CN¥23.13 x
1997-12-31 CN¥0.54 CN¥23.13 x
1998-12-31 CN¥1.24 CN¥23.13 x
1999-12-31 CN¥1.34 CN¥23.13 x
2000-12-31 CN¥1.83 CN¥23.13 x
2001-12-31 CN¥1.90 CN¥23.13 x
2002-12-31 CN¥2.04 CN¥23.13 x
2003-12-31 CN¥2.31 CN¥23.13 x
2004-12-31 CN¥2.49 CN¥23.13 x
2005-12-31 CN¥2.65 CN¥23.13 x
2006-12-31 CN¥2.41 CN¥23.13 x
2007-12-31 CN¥2.70 CN¥23.13 x
2008-12-31 CN¥2.94 CN¥23.13 x
2009-12-31 CN¥3.36 CN¥23.13 x
2010-12-31 CN¥4.82 CN¥23.13 x
2011-12-31 CN¥5.94 CN¥23.13 x
2012-12-31 CN¥8.76 CN¥23.13 x
2013-12-31 CN¥9.44 CN¥23.13 x
2014-12-31 CN¥10.65 CN¥23.13 x
2015-12-31 CN¥11.59 CN¥23.13 x
2016-12-31 CN¥12.83 CN¥23.13 x
2017-12-31 CN¥14.71 CN¥23.13 x
2018-12-31 CN¥15.74 CN¥23.13 x
2019-12-31 CN¥16.84 CN¥23.13 x
2020-12-31 CN¥18.40 CN¥23.13 x
2021-12-31 CN¥19.36 CN¥23.13 x
2022-12-31 CN¥18.13 CN¥23.13 x
2023-12-31 CN¥19.85 CN¥23.13 x
2024-12-31 CN¥20.41 CN¥23.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Weifu High-Technology 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): 8.36%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.86%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 1.43x
  • Recent ROE (8.36%) is below the historical average (12.40%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 17.32% 16.60% 0.73x 1.44x CN¥27.74 Million
1996 15.75% 15.84% 0.67x 1.49x CN¥24.59 Million
1997 15.65% 14.67% 0.71x 1.50x CN¥27.09 Million
1998 6.98% 13.52% 0.37x 1.41x CN¥-33.27 Million
1999 8.97% 13.79% 0.45x 1.43x CN¥-12.26 Million
2000 8.17% 15.57% 0.43x 1.23x CN¥-29.62 Million
2001 8.94% 15.33% 0.45x 1.29x CN¥-17.81 Million
2002 11.31% 14.76% 0.55x 1.39x CN¥23.57 Million
2003 11.66% 15.79% 0.52x 1.41x CN¥33.83 Million
2004 10.68% 11.09% 0.51x 1.90x CN¥14.94 Million
2005 7.77% 6.40% 0.64x 1.91x CN¥-52.29 Million
2006 4.80% 4.21% 0.52x 2.21x CN¥-114.66 Million
2007 9.61% 7.23% 0.62x 2.14x CN¥-9.43 Million
2008 7.72% 6.38% 0.66x 1.83x CN¥-57.22 Million
2009 15.66% 14.55% 0.61x 1.76x CN¥161.96 Million
2010 32.64% 24.95% 0.79x 1.65x CN¥929.67 Million
2011 23.79% 20.54% 0.74x 1.57x CN¥698.21 Million
2012 10.27% 17.73% 0.45x 1.28x CN¥23.73 Million
2013 11.54% 19.83% 0.43x 1.36x CN¥148.14 Million
2014 14.18% 24.23% 0.44x 1.33x CN¥453.54 Million
2015 12.86% 26.39% 0.37x 1.33x CN¥337.07 Million
2016 12.94% 26.04% 0.37x 1.34x CN¥379.49 Million
2017 17.33% 28.52% 0.45x 1.36x CN¥1.09 Billion
2018 15.06% 27.47% 0.42x 1.31x CN¥804.69 Million
2019 13.35% 25.82% 0.37x 1.41x CN¥568.99 Million
2020 15.17% 21.52% 0.47x 1.50x CN¥944.57 Million
2021 13.28% 18.82% 0.49x 1.44x CN¥635.51 Million
2022 0.67% 0.93% 0.45x 1.61x CN¥-1.65 Billion
2023 9.47% 16.56% 0.40x 1.45x CN¥-102.70 Million
2024 8.36% 14.86% 0.39x 1.43x CN¥-324.52 Million

Industry Comparison

This section compares Weifu High-Technology Group Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $1,153,159,928
  • Average return on equity (ROE) among peers: 7.27%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Weifu High-Technology Group Co Ltd (000581) CN¥20.99 Billion 17.32% 0.39x $1.90 Billion
Wanxiang Qianchao Co Ltd (000559) $2.25 Billion 8.11% 1.30x $2.51 Billion
Gui Zhou Tyre Co Ltd (000589) $840.45 Million 2.86% 1.85x $805.35 Million
Qingdao Doublestar Co Ltd (000599) $772.99 Million 6.94% 1.69x $447.80 Million
Hengli Industrial Development Group Co Ltd (000622) $169.93 Million 0.00% 0.80x $7.81 Million
Xiangyang Automobile Bearing Co Ltd (000678) $926.07 Million -5.80% 1.58x $632.55 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $415.84 Million 7.91% 0.51x $929.41 Million
Sichuan Haowu Electromechanical Co Ltd (000757) $97.36 Million 31.38% 1.32x $230.79 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $598.28 Million 10.29% 1.20x $2.06 Billion
Aerospace Hi-Tech Holding Group Co Ltd (000901) $4.31 Billion 3.73% 0.63x $1.62 Billion