Aotecar New Energy Technology Co Ltd (002239) - Net Assets
Based on the latest financial reports, Aotecar New Energy Technology Co Ltd (002239) has net assets worth CN¥5.81 Billion CNY (≈ $850.10 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥10.78 Billion ≈ $1.58 Billion USD) and total liabilities (CN¥4.97 Billion ≈ $727.12 Million USD). 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. Also explore Aotecar New Energy Technology Co Ltd asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.81 Billion |
| % of Total Assets | 53.9% |
| Annual Growth Rate | 23.58% |
| 5-Year Change | 9.58% |
| 10-Year Change | 17.7% |
| Growth Volatility | 114.25 |
Aotecar New Energy Technology Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Aotecar New Energy Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Aotecar New Energy Technology Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Aotecar New Energy Technology Co Ltd (2005–2025)
The table below shows the annual net assets of Aotecar New Energy Technology Co Ltd from 2005 to 2025. For live valuation and market cap data, see Aotecar New Energy Technology Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.76 Billion ≈ $843.16 Million |
+3.48% |
| 2024-12-31 | CN¥5.57 Billion ≈ $814.84 Million |
-1.81% |
| 2023-12-31 | CN¥5.67 Billion ≈ $829.87 Million |
+0.57% |
| 2022-12-31 | CN¥5.64 Billion ≈ $825.14 Million |
+7.24% |
| 2021-12-31 | CN¥5.26 Billion ≈ $769.45 Million |
+5.84% |
| 2020-12-31 | CN¥4.97 Billion ≈ $727.00 Million |
-6.26% |
| 2019-12-31 | CN¥5.30 Billion ≈ $775.54 Million |
+2.22% |
| 2018-12-31 | CN¥5.18 Billion ≈ $758.67 Million |
-0.12% |
| 2017-12-31 | CN¥5.19 Billion ≈ $759.62 Million |
+6.04% |
| 2016-12-31 | CN¥4.90 Billion ≈ $716.37 Million |
+27.45% |
| 2015-12-31 | CN¥3.84 Billion ≈ $562.08 Million |
+509.35% |
| 2014-12-31 | CN¥630.37 Million ≈ $92.24 Million |
-3.31% |
| 2013-12-31 | CN¥651.96 Million ≈ $95.40 Million |
+20.42% |
| 2012-12-31 | CN¥541.42 Million ≈ $79.23 Million |
+0.99% |
| 2011-12-31 | CN¥536.10 Million ≈ $78.45 Million |
+1.13% |
| 2010-12-31 | CN¥530.09 Million ≈ $77.57 Million |
-6.96% |
| 2009-12-31 | CN¥569.74 Million ≈ $83.37 Million |
+1.93% |
| 2008-12-31 | CN¥558.97 Million ≈ $81.79 Million |
+174.14% |
| 2007-12-31 | CN¥203.90 Million ≈ $29.84 Million |
+63.17% |
| 2006-12-31 | CN¥124.96 Million ≈ $18.29 Million |
+49.78% |
| 2005-12-31 | CN¥83.43 Million ≈ $12.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aotecar New Energy Technology 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 1886.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.03 Billion | 17.90% |
| Other Components | CN¥4.70 Billion | 82.10% |
| Total Equity | CN¥5.73 Billion | 100.00% |
Aotecar New Energy Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Aotecar New Energy Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
$1.25 Billion |
|
Star Petroleum Refining Co Ltd
BK:SPRC
|
$1.25 Billion |
|
Nabors Industries Ltd
F:NBI1
|
$1.25 Billion |
|
Ziff Davis Inc
NASDAQ:ZD
|
$1.25 Billion |
|
Edelweiss Financial Services Limited
NSE:EDELWEISS
|
$1.25 Billion |
|
Nexwise Intelligence China Limited
SHE:301248
|
$1.25 Billion |
|
Dogan Sirketler Grubu Holding AS
IS:DOHOL
|
$1.25 Billion |
|
Klöckner & Co SE
XETRA:KCO
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aotecar New Energy Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,511,317,168 to 5,726,390,317, a change of 215,073,149 (3.9%).
- Net income of 194,945,840 contributed positively to equity growth.
- Dividend payments of 43,005,799 reduced retained earnings.
- Other factors increased equity by 63,133,107.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥194.95 Million | +3.4% |
| Dividends Paid | CN¥43.01 Million | -0.75% |
| Other Changes | CN¥63.13 Million | +1.1% |
| Total Change | CN¥- | 3.90% |
Book Value vs Market Value Analysis
This analysis compares Aotecar New Energy Technology 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: 1.41x
- 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 2.77x to 1.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.88 | CN¥2.43 | x |
| 2006-12-31 | CN¥1.20 | CN¥2.43 | x |
| 2007-12-31 | CN¥0.19 | CN¥2.43 | x |
| 2008-12-31 | CN¥0.43 | CN¥2.43 | x |
| 2009-12-31 | CN¥0.44 | CN¥2.43 | x |
| 2010-12-31 | CN¥0.43 | CN¥2.43 | x |
| 2011-12-31 | CN¥0.43 | CN¥2.43 | x |
| 2012-12-31 | CN¥0.46 | CN¥2.43 | x |
| 2013-12-31 | CN¥0.52 | CN¥2.43 | x |
| 2014-12-31 | CN¥0.59 | CN¥2.43 | x |
| 2015-12-31 | CN¥1.71 | CN¥2.43 | x |
| 2016-12-31 | CN¥1.53 | CN¥2.43 | x |
| 2017-12-31 | CN¥1.70 | CN¥2.43 | x |
| 2018-12-31 | CN¥1.65 | CN¥2.43 | x |
| 2019-12-31 | CN¥1.69 | CN¥2.43 | x |
| 2020-12-31 | CN¥1.58 | CN¥2.43 | x |
| 2021-12-31 | CN¥1.63 | CN¥2.43 | x |
| 2022-12-31 | CN¥1.70 | CN¥2.43 | x |
| 2023-12-31 | CN¥1.51 | CN¥2.43 | x |
| 2024-12-31 | CN¥1.70 | CN¥2.43 | x |
| 2025-12-31 | CN¥1.72 | CN¥2.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aotecar New Energy Technology 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): 3.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.38%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.94x
- Recent ROE (3.40%) is below the historical average (8.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 42.94% | 10.04% | 1.76x | 2.42x | CN¥25.28 Million |
| 2006 | 45.04% | 8.95% | 2.11x | 2.39x | CN¥36.84 Million |
| 2007 | 36.86% | 8.54% | 2.17x | 1.99x | CN¥44.57 Million |
| 2008 | 9.79% | 6.01% | 1.23x | 1.33x | CN¥-1.06 Million |
| 2009 | 5.47% | 7.18% | 0.65x | 1.18x | CN¥-23.99 Million |
| 2010 | 1.98% | 2.51% | 0.72x | 1.09x | CN¥-42.53 Million |
| 2011 | 1.97% | 2.54% | 0.69x | 1.13x | CN¥-43.06 Million |
| 2012 | 1.85% | 2.45% | 0.64x | 1.17x | CN¥-44.14 Million |
| 2013 | 8.93% | 11.43% | 0.58x | 1.34x | CN¥-6.51 Million |
| 2014 | 1.82% | 2.55% | 0.63x | 1.14x | CN¥-51.57 Million |
| 2015 | 5.84% | 8.99% | 0.37x | 1.75x | CN¥-159.33 Million |
| 2016 | 9.12% | 8.53% | 0.63x | 1.71x | CN¥-42.85 Million |
| 2017 | 7.07% | 7.08% | 0.60x | 1.67x | CN¥-151.76 Million |
| 2018 | 0.77% | 0.97% | 0.49x | 1.61x | CN¥-477.86 Million |
| 2019 | 1.93% | 3.18% | 0.39x | 1.55x | CN¥-427.21 Million |
| 2020 | -5.97% | -7.95% | 0.44x | 1.69x | CN¥-792.41 Million |
| 2021 | -2.55% | -2.61% | 0.51x | 1.93x | CN¥-658.44 Million |
| 2022 | 1.61% | 1.43% | 0.51x | 2.20x | CN¥-463.43 Million |
| 2023 | 1.32% | 1.07% | 0.54x | 2.31x | CN¥-481.30 Million |
| 2024 | 1.92% | 1.30% | 0.68x | 2.16x | CN¥-445.35 Million |
| 2025 | 3.40% | 2.38% | 0.74x | 1.94x | CN¥-377.69 Million |
Industry Comparison
This section compares Aotecar New Energy Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,292,729,941
- Average return on equity (ROE) among peers: -0.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aotecar New Energy Technology Co Ltd (002239) | CN¥5.81 Billion | 42.94% | 0.86x | $1.25 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $4.76 Billion | 13.15% | 0.53x | $1.02 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.85 Billion | 4.93% | 0.75x | $5.02 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.73 Billion | 7.09% | 0.69x | $1.98 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.22 Billion | 4.21% | 2.30x | $978.21 Million |
| Qingdao Doublestar Co Ltd (000599) | $2.38 Billion | -25.26% | 3.14x | $1.49 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $163.37 Million | 1.06% | 2.47x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $319.83 Million | -26.00% | 1.36x | $517.20 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $170.84 Million | 0.00% | 2.04x | $1.50 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-733.97 Million | 0.00% | 0.00x | $269.72 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $3.07 Billion | 18.43% | 0.77x | $3.21 Billion |
About Aotecar New Energy Technology Co Ltd
Aotecar New Energy Technology Co., Ltd. engages in the production and sale of automotive thermal management systems and components. Its products include automotive air-conditioning compressors, automotive air-conditioning systems, energy storage batteries, and charging system thermal management products and its key components. The company was formerly known as Jiangsu Kingfield Garments Co., Ltd.… Read more