United Faith Auto-Engineering Co. Ltd. (301112) - Net Assets
Based on the latest financial reports, United Faith Auto-Engineering Co. Ltd. (301112) has net assets worth CN¥1.21 Billion CNY (≈ $176.38 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.43 Billion ≈ $209.95 Million USD) and total liabilities (CN¥229.39 Million ≈ $33.57 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 how resilient are United Faith Auto-Engineering Co. Ltd.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.21 Billion |
| % of Total Assets | 84.01% |
| Annual Growth Rate | 29.98% |
| 5-Year Change | 171.85% |
| 10-Year Change | N/A |
| Growth Volatility | 46.41 |
United Faith Auto-Engineering Co. Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how United Faith Auto-Engineering Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of United Faith Auto-Engineering Co. Ltd. for the complete picture of this company's asset base.
Annual Net Assets for United Faith Auto-Engineering Co. Ltd. (2017–2024)
The table below shows the annual net assets of United Faith Auto-Engineering Co. Ltd. from 2017 to 2024. For live valuation and market cap data, see United Faith Auto-Engineering Co. Ltd. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion ≈ $178.97 Million |
-2.34% |
| 2023-12-31 | CN¥1.25 Billion ≈ $183.27 Million |
+3.02% |
| 2022-12-31 | CN¥1.22 Billion ≈ $177.90 Million |
+138.50% |
| 2021-12-31 | CN¥509.74 Million ≈ $74.59 Million |
+13.30% |
| 2020-12-31 | CN¥449.89 Million ≈ $65.83 Million |
+16.08% |
| 2019-12-31 | CN¥387.57 Million ≈ $56.71 Million |
+20.22% |
| 2018-12-31 | CN¥322.39 Million ≈ $47.18 Million |
+65.25% |
| 2017-12-31 | CN¥195.09 Million ≈ $28.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to United Faith Auto-Engineering 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 grown by 243.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥396.18 Million | 32.68% |
| Common Stock | CN¥110.27 Million | 9.09% |
| Other Comprehensive Income | CN¥-9.23 Million | -0.76% |
| Other Components | CN¥715.23 Million | 58.99% |
| Total Equity | CN¥1.21 Billion | 100.00% |
United Faith Auto-Engineering Co. Ltd. Competitors by Market Cap
The table below lists competitors of United Faith Auto-Engineering Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Beetech Inc
SHE:300667
|
$576.14 Million |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
$576.21 Million |
|
Peet Ltd
AU:PPC
|
$576.38 Million |
|
Sanlux Co Ltd
SHE:002224
|
$576.87 Million |
|
Bioventus Inc
NASDAQ:BVS
|
$576.00 Million |
|
MNTN, Inc.
NYSE:MNTN
|
$575.92 Million |
|
Shanghai Material Trading Co Ltd A
SHG:600822
|
$575.63 Million |
|
Huatian Hotel Group Co Ltd
SHE:000428
|
$575.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Faith Auto-Engineering Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,228,597,917 to 1,212,447,371, a change of -16,150,546 (-1.3%).
- Net income of 4,950,745 contributed positively to equity growth.
- Dividend payments of 14,245,852 reduced retained earnings.
- Other comprehensive income decreased equity by 9,227,712.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.95 Million | +0.41% |
| Dividends Paid | CN¥14.25 Million | -1.17% |
| Other Comprehensive Income | CN¥-9.23 Million | -0.76% |
| Other Changes | CN¥2.37 Million | +0.2% |
| Total Change | CN¥- | -1.31% |
Book Value vs Market Value Analysis
This analysis compares United Faith Auto-Engineering 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: 3.25x
- 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 15.16x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.36 | CN¥35.70 | x |
| 2018-12-31 | CN¥3.81 | CN¥35.70 | x |
| 2019-12-31 | CN¥3.44 | CN¥35.70 | x |
| 2020-12-31 | CN¥4.00 | CN¥35.70 | x |
| 2021-12-31 | CN¥4.54 | CN¥35.70 | x |
| 2022-12-31 | CN¥10.94 | CN¥35.70 | x |
| 2023-12-31 | CN¥11.01 | CN¥35.70 | x |
| 2024-12-31 | CN¥11.00 | CN¥35.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Faith Auto-Engineering 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): 0.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.74%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.23x
- Recent ROE (0.41%) is below the historical average (15.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 34.39% | 11.19% | 0.88x | 3.48x | CN¥46.27 Million |
| 2018 | 23.89% | 10.89% | 0.93x | 2.35x | CN¥43.81 Million |
| 2019 | 23.01% | 14.06% | 0.76x | 2.17x | CN¥49.34 Million |
| 2020 | 15.77% | 11.10% | 0.79x | 1.81x | CN¥25.44 Million |
| 2021 | 16.10% | 15.60% | 0.57x | 1.80x | CN¥30.58 Million |
| 2022 | 5.40% | 11.83% | 0.33x | 1.36x | CN¥-55.53 Million |
| 2023 | 3.45% | 8.51% | 0.30x | 1.35x | CN¥-80.45 Million |
| 2024 | 0.41% | 0.74% | 0.45x | 1.23x | CN¥-116.29 Million |
Industry Comparison
This section compares United Faith Auto-Engineering Co. Ltd.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,314,550,990
- Average return on equity (ROE) among peers: 5.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Faith Auto-Engineering Co. Ltd. (301112) | CN¥1.21 Billion | 34.39% | 0.19x | $576.04 Million |
| FAWER Automotive Parts Ltd Co (000030) | $5.30 Billion | 9.49% | 0.52x | $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) | $3.72 Billion | 3.64% | 1.83x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.08 Billion | -8.46% | 3.69x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $-125.97 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.27 Billion | 0.97% | 1.13x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.37 Billion | 13.37% | 1.95x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-733.97 Million | 0.00% | 0.00x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $797.13 Million | 4.24% | 1.03x | $3.35 Billion |
About United Faith Auto-Engineering Co. Ltd.
United Faith Auto-Engineering Co.,Ltd. engages in the design, development, production, assembly, and sale of industrial automation integration products, industrial intelligent production equipment, industrial automation intelligent assembly units, and accessories in China, Japan, Southeast Asian countries, North and South America, and internationally. The company offers its solutions to the autom… Read more