Aotecar New Energy Technology Co Ltd (002239) - Net Assets

Latest as of September 2025: CN¥5.61 Billion CNY ≈ $820.74 Million USD

Based on the latest financial reports, Aotecar New Energy Technology Co Ltd (002239) has net assets worth CN¥5.61 Billion CNY (≈ $820.74 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.04 Billion ≈ $1.62 Billion USD) and total liabilities (CN¥5.43 Billion ≈ $794.73 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. Check Aotecar New Energy Technology Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥5.61 Billion
% of Total Assets	50.81%
Annual Growth Rate	24.74%
5-Year Change	12.08%
10-Year Change	44.97%
Growth Volatility	116.86

Aotecar New Energy Technology Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Aotecar New Energy Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002239 total assets for the complete picture of this company's asset base.

Annual Net Assets for Aotecar New Energy Technology Co Ltd (2005–2024)

The table below shows the annual net assets of Aotecar New Energy Technology Co Ltd from 2005 to 2024. For live valuation and market cap data, see Aotecar New Energy Technology Co Ltd market capitalisation.

Year	Net Assets	Change
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	--

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 1695.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥926.73 Million	16.82%
Common Stock	CN¥3.31 Billion	60.05%
Other Components	CN¥1.27 Billion	23.13%
Total Equity	CN¥5.51 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
Shanghai Cooltech Power Co Ltd SHE:300153	$1.42 Billion
Nanfang Pump Industry SHE:300145	$1.42 Billion
RHI Magnesita NV VI:RHIM	$1.42 Billion
Procept Biorobotics Corp NASDAQ:PRCT	$1.42 Billion
Youcare Pharmaceutical Group Co. Ltd. A SHG:688658	$1.42 Billion
Dole PLC NYSE:DOLE	$1.42 Billion
Daejoo Electronic Materials Co. Ltd KQ:078600	$1.42 Billion
Harrow Health Inc NASDAQ:HROW	$1.42 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 2023 to 2024, total equity changed from 5,545,515,338 to 5,511,317,168, a change of -34,198,170 (-0.6%).
Net income of 105,779,294 contributed positively to equity growth.
Dividend payments of 95,442,502 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥105.78 Million	+1.92%
Dividends Paid	CN¥95.44 Million	-1.73%
Other Changes	CN¥-44.53 Million	-0.81%
Total Change	CN¥-	-0.62%

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: 1.72x
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 3.33x to 1.72x 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¥2.92	x
2006-12-31	CN¥1.20	CN¥2.92	x
2007-12-31	CN¥0.19	CN¥2.92	x
2008-12-31	CN¥0.43	CN¥2.92	x
2009-12-31	CN¥0.44	CN¥2.92	x
2010-12-31	CN¥0.43	CN¥2.92	x
2011-12-31	CN¥0.43	CN¥2.92	x
2012-12-31	CN¥0.46	CN¥2.92	x
2013-12-31	CN¥0.52	CN¥2.92	x
2014-12-31	CN¥0.59	CN¥2.92	x
2015-12-31	CN¥1.71	CN¥2.92	x
2016-12-31	CN¥1.53	CN¥2.92	x
2017-12-31	CN¥1.70	CN¥2.92	x
2018-12-31	CN¥1.65	CN¥2.92	x
2019-12-31	CN¥1.69	CN¥2.92	x
2020-12-31	CN¥1.58	CN¥2.92	x
2021-12-31	CN¥1.63	CN¥2.92	x
2022-12-31	CN¥1.70	CN¥2.92	x
2023-12-31	CN¥1.51	CN¥2.92	x
2024-12-31	CN¥1.70	CN¥2.92	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): 1.92%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.30%
• Asset Turnover: 0.68x
• Equity Multiplier: 2.16x
Recent ROE (1.92%) is below the historical average (8.88%), 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

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: $1,591,014,487
Average return on equity (ROE) among peers: 4.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Aotecar New Energy Technology Co Ltd (002239)	CN¥5.61 Billion	42.94%	0.97x	$1.42 Billion
FAWER Automotive Parts Ltd Co (000030)	$-981.31 Million	0.00%	0.00x	$1.25 Billion
Wanxiang Qianchao Co Ltd (000559)	$4.12 Billion	11.29%	1.14x	$8.58 Billion
Weifu High-Technology Group Co Ltd (000581)	$1.12 Billion	6.84%	0.38x	$2.32 Billion
Gui Zhou Tyre Co Ltd (000589)	$1.20 Billion	7.26%	1.93x	$1.14 Billion
Qingdao Doublestar Co Ltd (000599)	$1.73 Billion	-20.59%	4.27x	$707.54 Million
Hengli Industrial Development Group Co Ltd (000622)	$204.20 Million	1.54%	0.67x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$1.29 Billion	0.90%	1.00x	$907.28 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$255.64 Million	10.42%	0.21x	$1.95 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$341.13 Million	10.15%	0.30x	$381.97 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$6.63 Billion	13.60%	0.79x	$3.58 Billion

About Aotecar New Energy Technology Co Ltd

SHE:002239 China Auto Parts

Market Cap

$1.42 Billion

CN¥9.69 Billion CNY

Market Cap Rank

#7689 Global

#1920 in China

Share Price

CN¥2.92

Change (1 day)

+0.69%

52-Week Range

CN¥2.78 - CN¥3.59

All Time High

CN¥6.94