Ningbo Shuanglin Auto Parts
Shuanglin Co., Ltd. engages in the research and development, manufacture, and sale of auto parts in China and internationally. It offers automotive interior and exterior trim system and precision parts; control system components; wheel hub bearings; ball screws; precision injection molding products; planetary roller and ball screws for humanoid robots; seat system parts; transmissions; electric d… Read more
Ningbo Shuanglin Auto Parts (300100) - Net Assets
Latest net assets as of September 2025: CN¥3.08 Billion CNY
Based on the latest financial reports, Ningbo Shuanglin Auto Parts (300100) has net assets worth CN¥3.08 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¥6.78 Billion) and total liabilities (CN¥3.70 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¥3.08 Billion |
| % of Total Assets | 45.42% |
| Annual Growth Rate | 16.5% |
| 5-Year Change | 47.34% |
| 10-Year Change | 23.67% |
| Growth Volatility | 57.39 |
Ningbo Shuanglin Auto Parts - Net Assets Trend (2007–2024)
This chart illustrates how Ningbo Shuanglin Auto Parts's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ningbo Shuanglin Auto Parts (2007–2024)
The table below shows the annual net assets of Ningbo Shuanglin Auto Parts from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.64 Billion | +19.91% |
| 2023-12-31 | CN¥2.20 Billion | +4.15% |
| 2022-12-31 | CN¥2.12 Billion | -8.46% |
| 2021-12-31 | CN¥2.31 Billion | +28.90% |
| 2020-12-31 | CN¥1.79 Billion | +3.43% |
| 2019-12-31 | CN¥1.73 Billion | -36.63% |
| 2018-12-31 | CN¥2.74 Billion | -3.63% |
| 2017-12-31 | CN¥2.84 Billion | +9.24% |
| 2016-12-31 | CN¥2.60 Billion | +21.64% |
| 2015-12-31 | CN¥2.14 Billion | +11.78% |
| 2014-12-31 | CN¥1.91 Billion | +90.56% |
| 2013-12-31 | CN¥1.00 Billion | +2.62% |
| 2012-12-31 | CN¥977.58 Million | +7.02% |
| 2011-12-31 | CN¥913.42 Million | +11.09% |
| 2010-12-31 | CN¥822.21 Million | +232.86% |
| 2009-12-31 | CN¥247.02 Million | +8.72% |
| 2008-12-31 | CN¥227.21 Million | +15.39% |
| 2007-12-31 | CN¥196.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Shuanglin Auto Parts'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 902.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥621.48 Million | 23.52% |
| Common Stock | CN¥400.77 Million | 15.17% |
| Other Components | CN¥1.62 Billion | 61.32% |
| Total Equity | CN¥2.64 Billion | 100.00% |
Ningbo Shuanglin Auto Parts Competitors by Market Cap
The table below lists competitors of Ningbo Shuanglin Auto Parts ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Transcend Information Inc
TW:2451
|
$1.27 Billion |
|
Playa Hotels & Resorts BV
NASDAQ:PLYA
|
$1.27 Billion |
|
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
|
$1.27 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
$1.27 Billion |
|
Star Health and Allied Insurance Company Limited
NSE:STARHEALTH
|
$1.27 Billion |
|
Paymentus Holdings, Inc.
NYSE:PAY
|
$1.27 Billion |
|
Zuora Inc
NYSE:ZUO
|
$1.27 Billion |
|
Sitio Royalties Corp.
NYSE:STR
|
$1.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Shuanglin Auto Parts's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,195,883,973 to 2,642,659,381, a change of 446,775,408 (20.3%).
- Net income of 497,011,934 contributed positively to equity growth.
- Dividend payments of 75,714,173 reduced retained earnings.
- Other comprehensive income decreased equity by 676,674,049.
- Other factors increased equity by 702,151,696.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥497.01 Million | +18.81% |
| Dividends Paid | CN¥75.71 Million | -2.87% |
| Other Comprehensive Income | CN¥-676.67 Million | -25.61% |
| Other Changes | CN¥702.15 Million | +26.57% |
| Total Change | CN¥- | 20.35% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Shuanglin Auto Parts'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: 4.83x
- 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 32.69x to 4.83x 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¥0.98 | CN¥32.10 | x |
| 2008-12-31 | CN¥1.02 | CN¥32.10 | x |
| 2009-12-31 | CN¥1.10 | CN¥32.10 | x |
| 2010-12-31 | CN¥3.33 | CN¥32.10 | x |
| 2011-12-31 | CN¥3.16 | CN¥32.10 | x |
| 2012-12-31 | CN¥3.39 | CN¥32.10 | x |
| 2013-12-31 | CN¥3.56 | CN¥32.10 | x |
| 2014-12-31 | CN¥6.55 | CN¥32.10 | x |
| 2015-12-31 | CN¥5.39 | CN¥32.10 | x |
| 2016-12-31 | CN¥6.35 | CN¥32.10 | x |
| 2017-12-31 | CN¥5.93 | CN¥32.10 | x |
| 2018-12-31 | CN¥5.76 | CN¥32.10 | x |
| 2019-12-31 | CN¥3.75 | CN¥32.10 | x |
| 2020-12-31 | CN¥3.92 | CN¥32.10 | x |
| 2021-12-31 | CN¥5.72 | CN¥32.10 | x |
| 2022-12-31 | CN¥5.33 | CN¥32.10 | x |
| 2023-12-31 | CN¥5.43 | CN¥32.10 | x |
| 2024-12-31 | CN¥6.65 | CN¥32.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Shuanglin Auto Parts 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): 18.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.12%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.37x
- Recent ROE (18.81%) is above the historical average (7.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 22.40% | 11.86% | 0.74x | 2.56x | CN¥22.04 Million |
| 2008 | 19.97% | 10.90% | 0.67x | 2.72x | CN¥21.29 Million |
| 2009 | 22.52% | 9.52% | 0.86x | 2.75x | CN¥28.78 Million |
| 2010 | 13.06% | 13.42% | 0.66x | 1.47x | CN¥24.38 Million |
| 2011 | 15.35% | 14.04% | 0.71x | 1.53x | CN¥47.39 Million |
| 2012 | 11.51% | 10.23% | 0.72x | 1.57x | CN¥14.45 Million |
| 2013 | 10.40% | 8.51% | 0.65x | 1.87x | CN¥3.98 Million |
| 2014 | 7.03% | 8.88% | 0.41x | 1.92x | CN¥-56.30 Million |
| 2015 | 11.50% | 9.84% | 0.61x | 1.92x | CN¥31.69 Million |
| 2016 | 12.91% | 9.89% | 0.60x | 2.18x | CN¥73.69 Million |
| 2017 | 10.78% | 4.42% | 1.02x | 2.40x | CN¥21.45 Million |
| 2018 | -2.26% | -1.11% | 0.74x | 2.75x | CN¥-335.55 Million |
| 2019 | -54.35% | -22.01% | 0.72x | 3.43x | CN¥-1.12 Billion |
| 2020 | 5.10% | 2.54% | 0.65x | 3.09x | CN¥-87.29 Million |
| 2021 | 5.59% | 3.50% | 0.63x | 2.56x | CN¥-101.48 Million |
| 2022 | 3.57% | 1.80% | 0.74x | 2.70x | CN¥-135.60 Million |
| 2023 | 3.68% | 1.95% | 0.70x | 2.71x | CN¥-138.71 Million |
| 2024 | 18.81% | 10.12% | 0.78x | 2.37x | CN¥232.75 Million |
Industry Comparison
This section compares Ningbo Shuanglin Auto Parts's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,751,605,266
- Average return on equity (ROE) among peers: 3.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Shuanglin Auto Parts (300100) | CN¥3.08 Billion | 22.40% | 1.20x | $1.27 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Million | 0.00% | 0.00x | $362.53 Million |
| Wanxiang Qianchao Co Ltd (000559) | $5.46 Billion | 13.23% | 1.21x | $2.57 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.49 Billion | -7.43% | 2.21x | $811.92 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.56 Billion | 1.77% | 2.12x | $455.37 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $-104.62 Million | 0.00% | 0.00x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $351.71 Million | 3.10% | 0.97x | $643.46 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.38 Billion | 4.32% | 2.30x | $956.75 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $546.55 Million | 2.75% | 0.63x | $234.35 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $13.03 Billion | 9.60% | 0.85x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $805.42 Million | 8.72% | 0.32x | $1.67 Billion |