Weifu High Tech Group (200581) - Net Assets
Based on the latest financial reports, Weifu High Tech Group (200581) has net assets worth HK$20.48 Billion HKD (≈ $2.61 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$28.39 Billion ≈ $3.62 Billion USD) and total liabilities (HK$7.91 Billion ≈ $1.01 Billion 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 200581 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | HK$20.48 Billion |
| % of Total Assets | 72.15% |
| Annual Growth Rate | 14.76% |
| 5-Year Change | 9.14% |
| 10-Year Change | 67.95% |
| Growth Volatility | 26.3 |
Weifu High Tech Group - Net Assets Trend (1995–2024)
This chart illustrates how Weifu High Tech Group's net assets have evolved over time, based on quarterly financial data. Also explore Weifu High Tech Group (200581) total assets for the complete picture of this company's asset base.
Annual Net Assets for Weifu High Tech Group (1995–2024)
The table below shows the annual net assets of Weifu High Tech Group from 1995 to 2024. For live valuation and market cap data, see how much is Weifu High Tech Group worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$20.51 Billion ≈ $2.62 Billion |
+1.66% |
| 2023-12-31 | HK$20.18 Billion ≈ $2.58 Billion |
+9.46% |
| 2022-12-31 | HK$18.43 Billion ≈ $2.35 Billion |
-7.65% |
| 2021-12-31 | HK$19.96 Billion ≈ $2.55 Billion |
+6.22% |
| 2020-12-31 | HK$18.79 Billion ≈ $2.40 Billion |
+7.49% |
| 2019-12-31 | HK$17.48 Billion ≈ $2.23 Billion |
+6.28% |
| 2018-12-31 | HK$16.45 Billion ≈ $2.10 Billion |
+7.17% |
| 2017-12-31 | HK$15.35 Billion ≈ $1.96 Billion |
+14.58% |
| 2016-12-31 | HK$13.40 Billion ≈ $1.71 Billion |
+9.70% |
| 2015-12-31 | HK$12.21 Billion ≈ $1.56 Billion |
+8.44% |
| 2014-12-31 | HK$11.26 Billion ≈ $1.44 Billion |
+12.66% |
| 2013-12-31 | HK$10.00 Billion ≈ $1.28 Billion |
+11.57% |
| 2012-12-31 | HK$8.96 Billion ≈ $1.14 Billion |
+67.80% |
| 2011-12-31 | HK$5.34 Billion ≈ $681.72 Million |
+22.89% |
| 2010-12-31 | HK$4.35 Billion ≈ $554.76 Million |
+40.54% |
| 2009-12-31 | HK$3.09 Billion ≈ $394.74 Million |
+13.40% |
| 2008-12-31 | HK$2.73 Billion ≈ $348.10 Million |
+3.85% |
| 2007-12-31 | HK$2.63 Billion ≈ $335.21 Million |
+8.32% |
| 2006-12-31 | HK$2.42 Billion ≈ $309.46 Million |
-4.07% |
| 2005-12-31 | HK$2.53 Billion ≈ $322.58 Million |
+7.78% |
| 2004-12-31 | HK$2.34 Billion ≈ $299.29 Million |
+10.59% |
| 2003-12-31 | HK$2.12 Billion ≈ $270.64 Million |
+13.79% |
| 2002-12-31 | HK$1.86 Billion ≈ $237.84 Million |
+7.67% |
| 2001-12-31 | HK$1.73 Billion ≈ $220.90 Million |
+4.02% |
| 2000-12-31 | HK$1.66 Billion ≈ $212.36 Million |
+37.88% |
| 1999-12-31 | HK$1.21 Billion ≈ $154.02 Million |
+7.45% |
| 1998-12-31 | HK$1.12 Billion ≈ $143.34 Million |
+134.18% |
| 1997-12-31 | HK$479.50 Million ≈ $61.21 Million |
+12.05% |
| 1996-12-31 | HK$427.94 Million ≈ $54.63 Million |
+12.94% |
| 1995-12-31 | HK$378.90 Million ≈ $48.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Weifu High Tech Group'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 20811.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$15.52 Billion | 78.24% |
| Common Stock | HK$996.99 Million | 5.02% |
| Other Components | HK$3.32 Billion | 16.74% |
| Total Equity | HK$19.84 Billion | 100.00% |
Weifu High Tech Group Competitors by Market Cap
The table below lists competitors of Weifu High Tech Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Strattec Security Corporation
NASDAQ:STRT
|
$303.45 Million |
|
Sword Group S.E
F:9RS
|
$303.45 Million |
|
P.C.B Tec
TA:PCBT
|
$303.49 Million |
|
Pubmatic Inc
NASDAQ:PUBM
|
$303.55 Million |
|
DeFi Technologies Inc.
NASDAQ:DEFT
|
$303.32 Million |
|
AC Immune Ltd
NASDAQ:ACIU
|
$303.29 Million |
|
Kustur Kusadasi Turizm Endustrisi AS
IS:KSTUR
|
$303.27 Million |
|
RPSG VENTURES LIMITED
NSE:RPSGVENT
|
$303.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Weifu High Tech Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,399,892,671 to 19,840,528,176, a change of 440,635,505 (2.3%).
- Net income of 1,659,533,740 contributed positively to equity growth.
- Dividend payments of 1,209,401,313 reduced retained earnings.
- Share repurchases of 63,567,420 reduced equity.
- Other comprehensive income decreased equity by 120,270,157.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$1.66 Billion | +8.36% |
| Dividends Paid | HK$1.21 Billion | -6.1% |
| Share Repurchases | HK$63.57 Million | -0.32% |
| Other Comprehensive Income | HK$-120.27 Million | -0.61% |
| Other Changes | HK$174.34 Million | +0.88% |
| Total Change | HK$- | 2.27% |
Book Value vs Market Value Analysis
This analysis compares Weifu High Tech Group'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: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.73x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | HK$2.41 | HK$13.79 | x |
| 2007-12-31 | HK$2.70 | HK$13.79 | x |
| 2008-12-31 | HK$2.94 | HK$13.79 | x |
| 2009-12-31 | HK$3.36 | HK$13.79 | x |
| 2010-12-31 | HK$4.82 | HK$13.79 | x |
| 2011-12-31 | HK$5.94 | HK$13.79 | x |
| 2012-12-31 | HK$8.76 | HK$13.79 | x |
| 2013-12-31 | HK$9.44 | HK$13.79 | x |
| 2014-12-31 | HK$10.65 | HK$13.79 | x |
| 2015-12-31 | HK$11.59 | HK$13.79 | x |
| 2016-12-31 | HK$12.83 | HK$13.79 | x |
| 2017-12-31 | HK$14.71 | HK$13.79 | x |
| 2018-12-31 | HK$15.74 | HK$13.79 | x |
| 2019-12-31 | HK$16.86 | HK$13.79 | x |
| 2020-12-31 | HK$18.40 | HK$13.79 | x |
| 2021-12-31 | HK$19.36 | HK$13.79 | x |
| 2022-12-31 | HK$13.40 | HK$13.79 | x |
| 2023-12-31 | HK$19.85 | HK$13.79 | x |
| 2024-12-31 | HK$20.44 | HK$13.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Weifu High Tech Group 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): 8.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.86%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.43x
- Recent ROE (8.36%) is below the historical average (12.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 17.32% | 16.60% | 0.73x | 1.44x | HK$27.74 Million |
| 1996 | 15.75% | 15.84% | 0.67x | 1.49x | HK$24.59 Million |
| 1997 | 15.65% | 14.67% | 0.71x | 1.50x | HK$27.09 Million |
| 1998 | 7.47% | 14.46% | 0.37x | 1.41x | HK$-27.90 Million |
| 1999 | 8.97% | 13.79% | 0.45x | 1.43x | HK$-12.26 Million |
| 2000 | 8.17% | 15.57% | 0.43x | 1.23x | HK$-29.62 Million |
| 2001 | 8.94% | 15.33% | 0.45x | 1.29x | HK$-17.81 Million |
| 2002 | 11.31% | 14.76% | 0.55x | 1.39x | HK$23.57 Million |
| 2003 | 11.66% | 15.79% | 0.52x | 1.41x | HK$33.83 Million |
| 2004 | 10.68% | 11.25% | 0.50x | 1.90x | HK$14.94 Million |
| 2005 | 7.77% | 6.52% | 0.62x | 1.91x | HK$-52.29 Million |
| 2006 | 4.00% | 3.56% | 0.51x | 2.21x | HK$-132.16 Million |
| 2007 | 9.61% | 7.38% | 0.61x | 2.14x | HK$-9.43 Million |
| 2008 | 7.72% | 6.38% | 0.66x | 1.83x | HK$-57.22 Million |
| 2009 | 15.66% | 14.55% | 0.61x | 1.76x | HK$161.96 Million |
| 2010 | 32.64% | 24.95% | 0.79x | 1.65x | HK$929.67 Million |
| 2011 | 23.79% | 20.42% | 0.74x | 1.57x | HK$698.21 Million |
| 2012 | 10.27% | 17.73% | 0.45x | 1.28x | HK$23.73 Million |
| 2013 | 11.54% | 19.83% | 0.43x | 1.36x | HK$148.14 Million |
| 2014 | 14.18% | 24.23% | 0.44x | 1.33x | HK$453.54 Million |
| 2015 | 12.86% | 26.39% | 0.37x | 1.33x | HK$337.07 Million |
| 2016 | 12.94% | 26.04% | 0.37x | 1.34x | HK$379.49 Million |
| 2017 | 17.33% | 28.52% | 0.45x | 1.36x | HK$1.09 Billion |
| 2018 | 15.06% | 27.47% | 0.42x | 1.31x | HK$804.69 Million |
| 2019 | 13.35% | 25.82% | 0.37x | 1.41x | HK$568.99 Million |
| 2020 | 15.17% | 21.52% | 0.47x | 1.50x | HK$944.57 Million |
| 2021 | 13.28% | 18.82% | 0.49x | 1.44x | HK$635.51 Million |
| 2022 | 0.67% | 0.93% | 0.45x | 1.61x | HK$-1.65 Billion |
| 2023 | 9.47% | 16.56% | 0.40x | 1.45x | HK$-102.70 Million |
| 2024 | 8.36% | 14.86% | 0.39x | 1.43x | HK$-324.52 Million |
Industry Comparison
This section compares Weifu High Tech Group's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,118,573,594
- Average return on equity (ROE) among peers: 8.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weifu High Tech Group (200581) | HK$20.48 Billion | 17.32% | 0.39x | $303.45 Million |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $5.34 Billion | 22.56% | 0.48x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.00 Billion | 2.41% | 2.13x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $294.61 Million | 13.77% | 0.22x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $45.14 Million | 0.00% | 2.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.26 Billion | -4.75% | 1.19x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $891.72 Million | 4.95% | 2.78x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-736.34 Million | 0.00% | 0.00x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $456.79 Million | 21.42% | 0.41x | $3.35 Billion |
About Weifu High Tech Group
Weifu High-Technology Group Co., Ltd. researches, develops, produces, and sells automotive products in the People's Republic of China. It operates through four segments: Automotive Fuel Injection System, Automotive Post Processing System, Air Management System, and Other Automotive Components Products. The company offers fuel injection system, including high pressure oil pump, high pressure oil r… Read more