Fuxin Dare Automotive Parts Co Ltd (300473) - Net Assets
Based on the latest financial reports, Fuxin Dare Automotive Parts Co Ltd (300473) has net assets worth CN¥1.92 Billion CNY (≈ $281.12 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.72 Billion ≈ $691.16 Million USD) and total liabilities (CN¥2.80 Billion ≈ $410.04 Million 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 tangible net worth ratio of Fuxin Dare Automotive Parts Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.92 Billion |
| % of Total Assets | 40.67% |
| Annual Growth Rate | 10.69% |
| 5-Year Change | -14.05% |
| 10-Year Change | 20.21% |
| Growth Volatility | 28.63 |
Fuxin Dare Automotive Parts Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Fuxin Dare Automotive Parts Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300473 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fuxin Dare Automotive Parts Co Ltd (2011–2025)
The table below shows the annual net assets of Fuxin Dare Automotive Parts Co Ltd from 2011 to 2025. For live valuation and market cap data, see how much is Fuxin Dare Automotive Parts Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.83 Billion ≈ $268.16 Million |
+17.67% |
| 2024-12-31 | CN¥1.56 Billion ≈ $227.90 Million |
-1.02% |
| 2023-12-31 | CN¥1.57 Billion ≈ $230.24 Million |
+5.71% |
| 2022-12-31 | CN¥1.49 Billion ≈ $217.81 Million |
-30.18% |
| 2021-12-31 | CN¥2.13 Billion ≈ $311.99 Million |
+8.57% |
| 2020-12-31 | CN¥1.96 Billion ≈ $287.37 Million |
-13.87% |
| 2019-12-31 | CN¥2.28 Billion ≈ $333.66 Million |
+17.64% |
| 2018-12-31 | CN¥1.94 Billion ≈ $283.63 Million |
+15.75% |
| 2017-12-31 | CN¥1.67 Billion ≈ $245.03 Million |
+9.84% |
| 2016-12-31 | CN¥1.52 Billion ≈ $223.07 Million |
+0.86% |
| 2015-12-31 | CN¥1.51 Billion ≈ $221.16 Million |
+103.93% |
| 2014-12-31 | CN¥741.15 Million ≈ $108.45 Million |
+18.96% |
| 2013-12-31 | CN¥623.00 Million ≈ $91.16 Million |
+13.90% |
| 2012-12-31 | CN¥546.95 Million ≈ $80.04 Million |
+23.71% |
| 2011-12-31 | CN¥442.14 Million ≈ $64.70 Million |
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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 327.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.38 Billion | 130.31% |
| Total Equity | CN¥1.83 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 |
|---|---|
|
Metallus, Inc
NYSE:MTUS
|
$762.21 Million |
|
IPH Ltd
AU:IPH
|
$762.48 Million |
|
EuroTeleSites AG
F:7YF
|
$762.51 Million |
|
PHARMING GRP SP. ADRS
F:PHG
|
$762.66 Million |
|
OCI NV
AS:OCI
|
$761.80 Million |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$761.53 Million |
|
LS Materials
KQ:417200
|
$761.52 Million |
|
Jiangsu Transimage Technology Co Ltd
SHE:002866
|
$761.32 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 2024 to 2025, total equity changed from 1,552,051,820 to 1,827,610,312, a change of 275,558,492 (17.8%).
- Net income of 157,073,739 contributed positively to equity growth.
- Dividend payments of 47,996,158 reduced retained earnings.
- Other comprehensive income decreased equity by 50,817,967.
- Other factors increased equity by 217,298,878.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥157.07 Million | +8.59% |
| Dividends Paid | CN¥48.00 Million | -2.63% |
| Other Comprehensive Income | CN¥-50.82 Million | -2.78% |
| Other Changes | CN¥217.30 Million | +11.89% |
| Total Change | CN¥- | 17.75% |
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: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.30x to 2.81x 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¥30.16 | x |
| 2012-12-31 | CN¥7.08 | CN¥30.16 | x |
| 2013-12-31 | CN¥8.29 | CN¥30.16 | x |
| 2014-12-31 | CN¥9.69 | CN¥30.16 | x |
| 2015-12-31 | CN¥17.15 | CN¥30.16 | x |
| 2016-12-31 | CN¥15.10 | CN¥30.16 | x |
| 2017-12-31 | CN¥16.42 | CN¥30.16 | x |
| 2018-12-31 | CN¥19.21 | CN¥30.16 | x |
| 2019-12-31 | CN¥21.52 | CN¥30.16 | x |
| 2020-12-31 | CN¥17.03 | CN¥30.16 | x |
| 2021-12-31 | CN¥16.11 | CN¥30.16 | x |
| 2022-12-31 | CN¥10.52 | CN¥30.16 | x |
| 2023-12-31 | CN¥10.92 | CN¥30.16 | x |
| 2024-12-31 | CN¥10.53 | CN¥30.16 | x |
| 2025-12-31 | CN¥10.75 | CN¥30.16 | 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): 8.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.89%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 2.55x
- Recent ROE (8.59%) is above the historical average (3.54%), indicating improving 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 |
| 2025 | 8.59% | 2.89% | 1.17x | 2.55x | CN¥-25.69 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: $1,624,800,266
- Average return on equity (ROE) among peers: 519.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fuxin Dare Automotive Parts Co Ltd (300473) | CN¥1.92 Billion | 27.60% | 1.46x | $762.02 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Million | 0.00% | 0.00x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.92 Billion | 9.07% | 1.15x | $6.67 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.19 Billion | 8.97% | 0.42x | $2.03 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $2.38 Billion | 7.28% | 2.18x | $966.83 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.56 Billion | 1.77% | 2.12x | $1.55 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $153.38 Million | 0.00% | 1.11x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $473.93 Million | 2.82% | 0.64x | $653.72 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.20 Billion | 6.30% | 2.26x | $2.08 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $7.93 Million | 5157.51% | 58.54x | $285.31 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $361.12 Million | -1.54% | 0.62x | $4.21 Billion |
About 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