Wuhu Sanlian Forging Co Ltd
Wuhu Sanlian Forging Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of automotive forging parts in China and internationally. The company offers steering systems comprising ball heads, pull rods, steering knuckles, and forks; powertrain products consisting of crankshafts, links, balance shafts, high-pressure common rails, pump bodies, bush… Read more
Wuhu Sanlian Forging Co Ltd (001282) - Net Assets
Latest net assets as of June 2025: CN¥1.60 Billion CNY
Based on the latest financial reports, Wuhu Sanlian Forging Co Ltd (001282) has net assets worth CN¥1.60 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¥2.62 Billion) and total liabilities (CN¥1.02 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¥1.60 Billion |
| % of Total Assets | 61.14% |
| Annual Growth Rate | 41.14% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 53.28 |
Wuhu Sanlian Forging Co Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Wuhu Sanlian Forging 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 Wuhu Sanlian Forging Co Ltd (2021–2024)
The table below shows the annual net assets of Wuhu Sanlian Forging Co Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.54 Billion | +6.64% |
| 2023-12-31 | CN¥1.44 Billion | +124.65% |
| 2022-12-31 | CN¥642.83 Million | +17.39% |
| 2021-12-31 | CN¥547.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wuhu Sanlian Forging 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 133.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥503.35 Million | 32.69% |
| Other Components | CN¥1.04 Billion | 67.31% |
| Total Equity | CN¥1.54 Billion | 100.00% |
Wuhu Sanlian Forging Co Ltd Competitors by Market Cap
The table below lists competitors of Wuhu Sanlian Forging Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WHA Industrial Leasehold REIT
BK:WHAIR
|
$170.24 Million |
|
Leasinvest Real Estate SCA
F:L3R
|
$170.29 Million |
|
Thien Long Group Corp
VN:TLG
|
$170.34 Million |
|
HARMONY ENERGY INCOME TR.
F:WF0
|
$170.37 Million |
|
Hostelworld Group plc
PINK:HSWLF
|
$170.09 Million |
|
Real Asset Acquisition Corp.
NASDAQ:RAAQ
|
$170.08 Million |
|
M-tron Industries, Inc.
NYSE MKT:MPTI
|
$170.03 Million |
|
TROOPS Inc
NASDAQ:TROO
|
$169.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuhu Sanlian Forging Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,444,133,192 to 1,539,961,261, a change of 95,828,069 (6.6%).
- Net income of 146,300,206 contributed positively to equity growth.
- Dividend payments of 54,983,243 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥146.30 Million | +9.5% |
| Dividends Paid | CN¥54.98 Million | -3.57% |
| Other Changes | CN¥4.51 Million | +0.29% |
| Total Change | CN¥- | 6.64% |
Book Value vs Market Value Analysis
This analysis compares Wuhu Sanlian Forging 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: 3.18x
- 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 6.70x to 3.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.29 | CN¥22.03 | x |
| 2022-12-31 | CN¥3.86 | CN¥22.03 | x |
| 2023-12-31 | CN¥6.50 | CN¥22.03 | x |
| 2024-12-31 | CN¥6.93 | CN¥22.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuhu Sanlian Forging 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): 9.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.36%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.49x
- Recent ROE (9.50%) is below the historical average (11.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 14.00% | 8.25% | 0.83x | 2.04x | CN¥21.88 Million |
| 2022 | 14.76% | 9.04% | 0.80x | 2.03x | CN¥30.62 Million |
| 2023 | 8.69% | 10.15% | 0.67x | 1.28x | CN¥-18.98 Million |
| 2024 | 9.50% | 9.36% | 0.68x | 1.49x | CN¥-7.70 Million |
Industry Comparison
This section compares Wuhu Sanlian Forging Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuhu Sanlian Forging Co Ltd (001282) | CN¥1.60 Billion | 14.00% | 0.64x | $170.19 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 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 |