Weifu High Tech Group (200581) - Net Assets
Based on the latest financial reports, Weifu High Tech Group (200581) has net assets worth HK$21.20 Billion HKD (≈ $2.71 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$30.18 Billion ≈ $3.85 Billion USD) and total liabilities (HK$8.98 Billion ≈ $1.15 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 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | HK$21.20 Billion |
| % of Total Assets | 70.25% |
| Annual Growth Rate | 14.29% |
| 5-Year Change | 4.49% |
| 10-Year Change | 55.68% |
| Growth Volatility | 26.0 |
Weifu High Tech Group - Net Assets Trend (1995–2025)
This chart illustrates how Weifu High Tech Group's net assets have evolved over time, based on quarterly financial data. See Weifu High Tech Group (200581) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Weifu High Tech Group (1995–2025)
The table below shows the annual net assets of Weifu High Tech Group from 1995 to 2025. For live valuation and market cap data, see how much is Weifu High Tech Group worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | HK$20.86 Billion ≈ $2.66 Billion |
+1.69% |
| 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 20945.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$15.62 Billion | 78.44% |
| Other Components | HK$4.29 Billion | 21.56% |
| Total Equity | HK$19.92 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 |
|---|---|
|
Biostar Microtech International Corp
TW:2399
|
$296.27 Million |
|
Pss Co Ltd
TW:6914
|
$296.28 Million |
|
Patel Engineering Limited
NSE:PATELENG
|
$296.32 Million |
|
Huida Sanitary Ware Co Ltd
SHG:603385
|
$296.34 Million |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
$296.17 Million |
|
Zhejiang Benli Technology Co. Ltd.
SHE:301065
|
$296.16 Million |
|
Australian Clinical Labs Ltd
AU:ACL
|
$296.12 Million |
|
Muang Thai Insurance Public Company Limited
BK:MTI
|
$296.08 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 2024 to 2025, total equity changed from 19,840,528,176 to 19,917,552,613, a change of 77,024,437 (0.4%).
- Net income of 1,068,167,498 contributed positively to equity growth.
- Dividend payments of 987,118,941 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$1.07 Billion | +5.36% |
| Dividends Paid | HK$987.12 Million | -4.96% |
| Other Changes | HK$-4.02 Million | -0.02% |
| Total Change | HK$- | 0.39% |
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: 0.65x
- 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 5.60x to 0.65x 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$13.46 | x |
| 2007-12-31 | HK$2.70 | HK$13.46 | x |
| 2008-12-31 | HK$2.94 | HK$13.46 | x |
| 2009-12-31 | HK$3.36 | HK$13.46 | x |
| 2010-12-31 | HK$4.82 | HK$13.46 | x |
| 2011-12-31 | HK$5.94 | HK$13.46 | x |
| 2012-12-31 | HK$8.76 | HK$13.46 | x |
| 2013-12-31 | HK$9.44 | HK$13.46 | x |
| 2014-12-31 | HK$10.65 | HK$13.46 | x |
| 2015-12-31 | HK$11.59 | HK$13.46 | x |
| 2016-12-31 | HK$12.83 | HK$13.46 | x |
| 2017-12-31 | HK$14.71 | HK$13.46 | x |
| 2018-12-31 | HK$15.74 | HK$13.46 | x |
| 2019-12-31 | HK$16.86 | HK$13.46 | x |
| 2020-12-31 | HK$18.40 | HK$13.46 | x |
| 2021-12-31 | HK$19.36 | HK$13.46 | x |
| 2022-12-31 | HK$13.40 | HK$13.46 | x |
| 2023-12-31 | HK$19.85 | HK$13.46 | x |
| 2024-12-31 | HK$20.44 | HK$13.46 | x |
| 2025-12-31 | HK$20.60 | HK$13.46 | 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): 5.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.88%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.49x
- Recent ROE (5.36%) is below the historical average (12.16%), 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 |
| 2025 | 5.36% | 8.88% | 0.41x | 1.49x | HK$-923.59 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: $3,421,590,511
- Average return on equity (ROE) among peers: 7.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weifu High Tech Group (200581) | HK$21.20 Billion | 17.32% | 0.42x | $296.19 Million |
| FAWER Automotive Parts Ltd Co (000030) | $9.28 Billion | 7.29% | 0.94x | $1.07 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $6.69 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $18.43 Billion | 0.64% | 0.55x | $2.08 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $77.69 Million | 26.52% | 2.33x | $1.01 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $1.58 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $135.45 Million | 0.00% | 0.93x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $530.98 Million | 0.92% | 1.48x | $675.92 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.20 Billion | 6.30% | 2.26x | $2.16 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-736.34 Million | 0.00% | 0.00x | $294.66 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $537.43 Million | 18.21% | 0.61x | $4.31 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: energy saving and emission reduction, intelligent electric drive, green hydrogen energy, and industry and others. The company offers fuel injection system, including high pressure oil pump, high pressure oil rail, injector, filte… Read more