Feilong Auto Components Co Ltd (002536) - Net Assets
Based on the latest financial reports, Feilong Auto Components Co Ltd (002536) has net assets worth CN¥3.43 Billion CNY (≈ $502.52 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¥5.71 Billion ≈ $835.80 Million USD) and total liabilities (CN¥2.28 Billion ≈ $333.28 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 how resilient are Feilong Auto Components Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.43 Billion |
| % of Total Assets | 60.12% |
| Annual Growth Rate | 18.2% |
| 5-Year Change | 51.23% |
| 10-Year Change | 87.4% |
| Growth Volatility | 56.56 |
Feilong Auto Components Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Feilong Auto Components Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Feilong Auto Components Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Feilong Auto Components Co Ltd (2007–2024)
The table below shows the annual net assets of Feilong Auto Components Co Ltd from 2007 to 2024. For live valuation and market cap data, see 002536 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.32 Billion ≈ $485.96 Million |
+3.61% |
| 2023-12-31 | CN¥3.21 Billion ≈ $469.04 Million |
+39.63% |
| 2022-12-31 | CN¥2.30 Billion ≈ $335.91 Million |
+1.13% |
| 2021-12-31 | CN¥2.27 Billion ≈ $332.16 Million |
+3.37% |
| 2020-12-31 | CN¥2.20 Billion ≈ $321.33 Million |
+4.02% |
| 2019-12-31 | CN¥2.11 Billion ≈ $308.91 Million |
-4.23% |
| 2018-12-31 | CN¥2.20 Billion ≈ $322.56 Million |
+6.95% |
| 2017-12-31 | CN¥2.06 Billion ≈ $301.60 Million |
+11.33% |
| 2016-12-31 | CN¥1.85 Billion ≈ $270.92 Million |
+4.47% |
| 2015-12-31 | CN¥1.77 Billion ≈ $259.32 Million |
+47.45% |
| 2014-12-31 | CN¥1.20 Billion ≈ $175.87 Million |
+1.86% |
| 2013-12-31 | CN¥1.18 Billion ≈ $172.66 Million |
+0.89% |
| 2012-12-31 | CN¥1.17 Billion ≈ $171.14 Million |
+2.37% |
| 2011-12-31 | CN¥1.14 Billion ≈ $167.17 Million |
+244.06% |
| 2010-12-31 | CN¥332.04 Million ≈ $48.59 Million |
+30.62% |
| 2009-12-31 | CN¥254.20 Million ≈ $37.20 Million |
+21.16% |
| 2008-12-31 | CN¥209.81 Million ≈ $30.70 Million |
+8.51% |
| 2007-12-31 | CN¥193.37 Million ≈ $28.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Feilong Auto Components 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 1397.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥977.99 Million | 29.31% |
| Common Stock | CN¥574.79 Million | 17.23% |
| Other Components | CN¥1.78 Billion | 53.46% |
| Total Equity | CN¥3.34 Billion | 100.00% |
Feilong Auto Components Co Ltd Competitors by Market Cap
The table below lists competitors of Feilong Auto Components Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Huarong Asset Management Co. Ltd
F:CHE
|
$3.02 Billion |
|
Varonis Systems
NASDAQ:VRNS
|
$3.02 Billion |
|
GKG Precision Machine Co. Ltd. A
SHE:301338
|
$3.02 Billion |
|
Kesko Oyj
HE:KESKOA
|
$3.02 Billion |
|
Valeo SA
PA:FR
|
$3.02 Billion |
|
ZF Commercial Vehicle Control Systems India Limited
NSE:ZFCVINDIA
|
$3.02 Billion |
|
Metro Brands Limited
NSE:METROBRAND
|
$3.01 Billion |
|
Marex Group plc Ordinary Shares
NASDAQ:MRX
|
$3.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Feilong Auto Components Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,230,228,072 to 3,336,158,669, a change of 105,930,597 (3.3%).
- Net income of 329,623,731 contributed positively to equity growth.
- Dividend payments of 235,386,925 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥329.62 Million | +9.88% |
| Dividends Paid | CN¥235.39 Million | -7.06% |
| Other Changes | CN¥11.69 Million | +0.35% |
| Total Change | CN¥- | 3.28% |
Book Value vs Market Value Analysis
This analysis compares Feilong Auto Components 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: 6.18x
- 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 65.40x to 6.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.55 | CN¥35.88 | x |
| 2008-12-31 | CN¥0.60 | CN¥35.88 | x |
| 2009-12-31 | CN¥0.72 | CN¥35.88 | x |
| 2010-12-31 | CN¥0.95 | CN¥35.88 | x |
| 2011-12-31 | CN¥2.69 | CN¥35.88 | x |
| 2012-12-31 | CN¥2.66 | CN¥35.88 | x |
| 2013-12-31 | CN¥2.66 | CN¥35.88 | x |
| 2014-12-31 | CN¥2.74 | CN¥35.88 | x |
| 2015-12-31 | CN¥3.69 | CN¥35.88 | x |
| 2016-12-31 | CN¥3.64 | CN¥35.88 | x |
| 2017-12-31 | CN¥4.07 | CN¥35.88 | x |
| 2018-12-31 | CN¥4.38 | CN¥35.88 | x |
| 2019-12-31 | CN¥4.18 | CN¥35.88 | x |
| 2020-12-31 | CN¥4.34 | CN¥35.88 | x |
| 2021-12-31 | CN¥4.52 | CN¥35.88 | x |
| 2022-12-31 | CN¥4.59 | CN¥35.88 | x |
| 2023-12-31 | CN¥6.17 | CN¥35.88 | x |
| 2024-12-31 | CN¥5.80 | CN¥35.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Feilong Auto Components 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): 9.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.98%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.60x
- Recent ROE (9.88%) is above the historical average (9.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 24.27% | 8.19% | 0.84x | 3.54x | CN¥25.47 Million |
| 2008 | 12.62% | 3.82% | 0.83x | 4.00x | CN¥5.10 Million |
| 2009 | 22.72% | 7.89% | 0.66x | 4.36x | CN¥29.69 Million |
| 2010 | 28.77% | 8.85% | 0.87x | 3.73x | CN¥57.71 Million |
| 2011 | 5.94% | 7.19% | 0.56x | 1.48x | CN¥-46.35 Million |
| 2012 | 3.01% | 4.01% | 0.44x | 1.70x | CN¥-80.96 Million |
| 2013 | 2.17% | 2.03% | 0.57x | 1.89x | CN¥-91.22 Million |
| 2014 | 3.41% | 2.50% | 0.64x | 2.12x | CN¥-78.22 Million |
| 2015 | 3.25% | 2.98% | 0.64x | 1.70x | CN¥-118.44 Million |
| 2016 | 5.86% | 5.17% | 0.73x | 1.56x | CN¥-76.19 Million |
| 2017 | 11.79% | 9.06% | 0.84x | 1.55x | CN¥36.69 Million |
| 2018 | 11.19% | 8.70% | 0.76x | 1.70x | CN¥26.01 Million |
| 2019 | 3.17% | 2.51% | 0.68x | 1.87x | CN¥-142.85 Million |
| 2020 | 5.72% | 4.66% | 0.68x | 1.81x | CN¥-92.95 Million |
| 2021 | 6.27% | 4.56% | 0.73x | 1.89x | CN¥-84.54 Million |
| 2022 | 3.66% | 2.58% | 0.74x | 1.91x | CN¥-145.86 Million |
| 2023 | 8.10% | 6.39% | 0.81x | 1.57x | CN¥-61.25 Million |
| 2024 | 9.88% | 6.98% | 0.89x | 1.60x | CN¥-3.99 Million |
Industry Comparison
This section compares Feilong Auto Components Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,600,803,038
- Average return on equity (ROE) among peers: 8.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Feilong Auto Components Co Ltd (002536) | CN¥3.43 Billion | 24.27% | 0.66x | $3.02 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $9.35 Billion | 10.17% | 1.39x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.63 Billion | 8.78% | 0.95x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $798.46 Million | 1.49% | 1.70x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $671.47 Million | 7.81% | 1.44x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $262.35 Million | 3.86% | 0.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.05 Billion | -7.53% | 1.24x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.65 Billion | 8.43% | 0.86x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $146.05 Million | 29.40% | 2.09x | $3.35 Billion |
About Feilong Auto Components Co Ltd
Feilong Auto Components Co., Ltd., together with its subsidiaries, process, manufactures, and sells auto parts in China and internationally. It offers automotive water pumps, electronic water pumps, temperature control modules, turbocharger housings and volutes, engine intake and exhaust manifolds, vacuum and electronic compressor, and flywheel housings. The company was formerly known as Henan Pr… Read more