Rayhoo Motor Dies Co Ltd
Rayhoo Motor Dies Co.,Ltd. engages in the automobile manufacturing equipment and automobile lightweight parts businesses in China and internationally. The company offers stamping dies and inspection tools, welding automation production lines, robot system integration, and mobile robot. It also provides plates and aluminum alloy stamping and welding parts, one-piece die-cast body structural parts,… Read more
Rayhoo Motor Dies Co Ltd (002997) - Net Assets
Latest net assets as of September 2025: CN¥2.82 Billion CNY
Based on the latest financial reports, Rayhoo Motor Dies Co Ltd (002997) has net assets worth CN¥2.82 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¥6.93 Billion) and total liabilities (CN¥4.11 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¥2.82 Billion |
| % of Total Assets | 40.72% |
| Annual Growth Rate | 23.0% |
| 5-Year Change | 117.56% |
| 10-Year Change | 1125.48% |
| Growth Volatility | 29.89 |
Rayhoo Motor Dies Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Rayhoo Motor Dies 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 Rayhoo Motor Dies Co Ltd (2013–2024)
The table below shows the annual net assets of Rayhoo Motor Dies Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.47 Billion | +29.15% |
| 2023-12-31 | CN¥1.91 Billion | +29.20% |
| 2022-12-31 | CN¥1.48 Billion | +21.39% |
| 2021-12-31 | CN¥1.22 Billion | +7.41% |
| 2020-12-31 | CN¥1.14 Billion | +98.96% |
| 2019-12-31 | CN¥570.68 Million | +22.60% |
| 2018-12-31 | CN¥465.48 Million | +43.00% |
| 2017-12-31 | CN¥325.50 Million | +16.53% |
| 2016-12-31 | CN¥279.34 Million | +38.58% |
| 2015-12-31 | CN¥201.57 Million | +19.50% |
| 2014-12-31 | CN¥168.68 Million | -33.41% |
| 2013-12-31 | CN¥253.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rayhoo Motor Dies 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 1221.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥861.37 Million | 39.80% |
| Common Stock | CN¥209.32 Million | 9.67% |
| Other Comprehensive Income | CN¥110.76 Million | 5.12% |
| Other Components | CN¥982.71 Million | 45.41% |
| Total Equity | CN¥2.16 Billion | 100.00% |
Rayhoo Motor Dies Co Ltd Competitors by Market Cap
The table below lists competitors of Rayhoo Motor Dies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viva China Holdings Limited
PINK:VVCHF
|
$508.89 Million |
|
CITIC Telecom International Holdings Limited
PINK:CCTTF
|
$509.02 Million |
|
Sanquan Food Co Ltd
SHE:002216
|
$509.19 Million |
|
Shandong Huatai Paper Industry Shareholding Co Ltd
SHG:600308
|
$509.27 Million |
|
Lectra SA
PA:LSS
|
$508.47 Million |
|
Gold Royalty Corp.
NYSE MKT:GROY
|
$508.32 Million |
|
Midland States Bancorp Inc
NASDAQ:MSBIP
|
$507.98 Million |
|
Beijing Hualu Baina Film TV
SHE:300291
|
$507.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rayhoo Motor Dies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,702,412,365 to 2,164,156,013, a change of 461,743,648 (27.1%).
- Net income of 350,318,468 contributed positively to equity growth.
- Dividend payments of 76,198,944 reduced retained earnings.
- Other comprehensive income increased equity by 454,021.
- Other factors increased equity by 187,170,103.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥350.32 Million | +16.19% |
| Dividends Paid | CN¥76.20 Million | -3.52% |
| Other Comprehensive Income | CN¥454.02K | +0.02% |
| Other Changes | CN¥187.17 Million | +8.65% |
| Total Change | CN¥- | 27.12% |
Book Value vs Market Value Analysis
This analysis compares Rayhoo Motor Dies 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: 3.09x
- 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 21.68x to 3.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.50 | CN¥32.49 | x |
| 2014-12-31 | CN¥1.08 | CN¥32.49 | x |
| 2015-12-31 | CN¥1.41 | CN¥32.49 | x |
| 2016-12-31 | CN¥2.05 | CN¥32.49 | x |
| 2017-12-31 | CN¥2.38 | CN¥32.49 | x |
| 2018-12-31 | CN¥3.06 | CN¥32.49 | x |
| 2019-12-31 | CN¥3.79 | CN¥32.49 | x |
| 2020-12-31 | CN¥5.88 | CN¥32.49 | x |
| 2021-12-31 | CN¥6.30 | CN¥32.49 | x |
| 2022-12-31 | CN¥7.11 | CN¥32.49 | x |
| 2023-12-31 | CN¥8.75 | CN¥32.49 | x |
| 2024-12-31 | CN¥10.50 | CN¥32.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rayhoo Motor Dies 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): 16.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.45%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.70x
- Recent ROE (16.19%) is below the historical average (18.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.69% | 7.26% | 0.47x | 7.25x | CN¥29.52 Million |
| 2014 | 18.60% | 4.45% | 0.56x | 7.47x | CN¥12.36 Million |
| 2015 | 28.27% | 8.72% | 0.63x | 5.13x | CN¥34.72 Million |
| 2016 | 25.35% | 12.25% | 0.47x | 4.36x | CN¥42.37 Million |
| 2017 | 23.95% | 11.57% | 0.43x | 4.83x | CN¥44.43 Million |
| 2018 | 21.54% | 10.43% | 0.46x | 4.45x | CN¥48.68 Million |
| 2019 | 26.17% | 12.91% | 0.56x | 3.62x | CN¥83.98 Million |
| 2020 | 9.58% | 10.88% | 0.37x | 2.41x | CN¥-4.53 Million |
| 2021 | 9.96% | 11.03% | 0.36x | 2.50x | CN¥-503.46K |
| 2022 | 10.54% | 11.99% | 0.29x | 3.03x | CN¥7.22 Million |
| 2023 | 11.88% | 10.78% | 0.36x | 3.08x | CN¥32.02 Million |
| 2024 | 16.19% | 14.45% | 0.42x | 2.70x | CN¥133.90 Million |
Industry Comparison
This section compares Rayhoo Motor Dies 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 |
|---|---|---|---|---|
| Rayhoo Motor Dies Co Ltd (002997) | CN¥2.82 Billion | 24.69% | 1.46x | $508.49 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 |