Fuxin Dare Automotive Parts Co Ltd
Fuxin Dare Automotive Parts Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of automotive parts systems in China and internationally. It operates through Pumps and Electronics Products; and Noise Reduction, Thermal Insulation and Lightweight Products segments. The company offers noise reduction (NHV), thermal, and lightweight products compris… Read more
Fuxin Dare Automotive Parts Co Ltd (300473) - Net Assets
Latest net assets as of September 2025: CN¥1.71 Billion CNY
Based on the latest financial reports, Fuxin Dare Automotive Parts Co Ltd (300473) has net assets worth CN¥1.71 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¥4.14 Billion) and total liabilities (CN¥2.43 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¥1.71 Billion |
| % of Total Assets | 41.29% |
| Annual Growth Rate | 10.17% |
| 5-Year Change | -20.7% |
| 10-Year Change | 3.04% |
| Growth Volatility | 29.69 |
Fuxin Dare Automotive Parts Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Fuxin Dare Automotive Parts 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 Fuxin Dare Automotive Parts Co Ltd (2011–2024)
The table below shows the annual net assets of Fuxin Dare Automotive Parts Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.56 Billion | -1.02% |
| 2023-12-31 | CN¥1.57 Billion | +5.71% |
| 2022-12-31 | CN¥1.49 Billion | -30.18% |
| 2021-12-31 | CN¥2.13 Billion | +8.57% |
| 2020-12-31 | CN¥1.96 Billion | -13.87% |
| 2019-12-31 | CN¥2.28 Billion | +17.64% |
| 2018-12-31 | CN¥1.94 Billion | +15.75% |
| 2017-12-31 | CN¥1.67 Billion | +9.84% |
| 2016-12-31 | CN¥1.52 Billion | +0.86% |
| 2015-12-31 | CN¥1.51 Billion | +103.93% |
| 2014-12-31 | CN¥741.15 Million | +18.96% |
| 2013-12-31 | CN¥623.00 Million | +13.90% |
| 2012-12-31 | CN¥546.95 Million | +23.71% |
| 2011-12-31 | CN¥442.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fuxin Dare Automotive Parts 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 decreased by 415.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥150.97 Million | 9.73% |
| Other Comprehensive Income | CN¥50.82 Million | 3.27% |
| Other Components | CN¥2.12 Billion | 136.35% |
| Total Equity | CN¥1.55 Billion | 100.00% |
Fuxin Dare Automotive Parts Co Ltd Competitors by Market Cap
The table below lists competitors of Fuxin Dare Automotive Parts Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scientech Corp
TW:3583
|
$537.99 Million |
|
Grupo Posadas S.A.B. de C.V
MX:POSADASA
|
$538.29 Million |
|
Winner Information Technology Co Inc
SHE:300609
|
$538.34 Million |
|
DNA Link Inc
KQ:127120
|
$538.59 Million |
|
Interfor Corporation
PINK:IFSPF
|
$537.58 Million |
|
Dateline Resources Ltd
AU:DTR
|
$537.41 Million |
|
Annexon Inc
NASDAQ:ANNX
|
$537.40 Million |
|
Guangzhou Risong Intelligent Technology Holding Co Ltd
SHG:688090
|
$537.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuxin Dare Automotive Parts Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,563,103,213 to 1,552,051,820, a change of -11,051,393 (-0.7%).
- Net income of 32,427,524 contributed positively to equity growth.
- Dividend payments of 69,840,580 reduced retained earnings.
- Other comprehensive income decreased equity by 95,562,127.
- Other factors increased equity by 121,923,790.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥32.43 Million | +2.09% |
| Dividends Paid | CN¥69.84 Million | -4.5% |
| Other Comprehensive Income | CN¥-95.56 Million | -6.16% |
| Other Changes | CN¥121.92 Million | +7.86% |
| Total Change | CN¥- | -0.71% |
Book Value vs Market Value Analysis
This analysis compares Fuxin Dare Automotive Parts 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: 3.39x
- 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 6.12x to 3.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥5.69 | CN¥34.83 | x |
| 2012-12-31 | CN¥7.08 | CN¥34.83 | x |
| 2013-12-31 | CN¥8.29 | CN¥34.83 | x |
| 2014-12-31 | CN¥9.69 | CN¥34.83 | x |
| 2015-12-31 | CN¥17.15 | CN¥34.83 | x |
| 2016-12-31 | CN¥15.10 | CN¥34.83 | x |
| 2017-12-31 | CN¥16.42 | CN¥34.83 | x |
| 2018-12-31 | CN¥18.76 | CN¥34.83 | x |
| 2019-12-31 | CN¥21.52 | CN¥34.83 | x |
| 2020-12-31 | CN¥17.04 | CN¥34.83 | x |
| 2021-12-31 | CN¥16.11 | CN¥34.83 | x |
| 2022-12-31 | CN¥10.52 | CN¥34.83 | x |
| 2023-12-31 | CN¥10.92 | CN¥34.83 | x |
| 2024-12-31 | CN¥10.29 | CN¥34.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuxin Dare Automotive Parts 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 2.38x
- Recent ROE (2.09%) is below the historical average (3.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.60% | 23.12% | 0.77x | 1.55x | CN¥75.09 Million |
| 2012 | 23.23% | 22.90% | 0.67x | 1.52x | CN¥70.27 Million |
| 2013 | 21.07% | 21.40% | 0.67x | 1.46x | CN¥68.88 Million |
| 2014 | 18.53% | 19.97% | 0.62x | 1.49x | CN¥61.99 Million |
| 2015 | 9.21% | 19.90% | 0.37x | 1.25x | CN¥-11.81 Million |
| 2016 | 7.26% | 17.62% | 0.32x | 1.30x | CN¥-41.31 Million |
| 2017 | 7.92% | 5.17% | 0.60x | 2.58x | CN¥-34.46 Million |
| 2018 | 6.98% | 3.51% | 0.81x | 2.46x | CN¥-57.95 Million |
| 2019 | 2.65% | 1.55% | 0.78x | 2.19x | CN¥-166.28 Million |
| 2020 | -21.78% | -12.49% | 0.74x | 2.37x | CN¥-616.90 Million |
| 2021 | 1.12% | 0.64% | 0.79x | 2.21x | CN¥-187.30 Million |
| 2022 | -62.15% | -22.71% | 0.95x | 2.87x | CN¥-1.06 Billion |
| 2023 | 0.82% | 0.30% | 1.03x | 2.66x | CN¥-143.43 Million |
| 2024 | 2.09% | 0.72% | 1.22x | 2.38x | CN¥-122.78 Million |
Industry Comparison
This section compares Fuxin Dare Automotive Parts 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 |
|---|---|---|---|---|
| Fuxin Dare Automotive Parts Co Ltd (300473) | CN¥1.71 Billion | 27.60% | 1.42x | $537.62 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 |