Shiyan Taixiang Industry Co. Ltd. A
Shiyan Taixiang Industry Co.,Ltd. engages in the research, development, production, and sale of auto parts and accessories in China. The company offers main bearing caps for automobile engines; and automotive aluminum alloy precision die castings. Shiyan Taixiang Industry Co.,Ltd. was founded in 1997 and is based in Shiyan, China.
Shiyan Taixiang Industry Co. Ltd. A (301192) - Net Assets
Latest net assets as of September 2025: CN¥622.02 Million CNY
Based on the latest financial reports, Shiyan Taixiang Industry Co. Ltd. A (301192) has net assets worth CN¥622.02 Million 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¥849.41 Million) and total liabilities (CN¥227.39 Million). 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¥622.02 Million |
| % of Total Assets | 73.23% |
| Annual Growth Rate | 29.62% |
| 5-Year Change | 11.68% |
| 10-Year Change | 374.93% |
| Growth Volatility | 36.04 |
Shiyan Taixiang Industry Co. Ltd. A - Net Assets Trend (2013–2024)
This chart illustrates how Shiyan Taixiang Industry Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shiyan Taixiang Industry Co. Ltd. A (2013–2024)
The table below shows the annual net assets of Shiyan Taixiang Industry Co. Ltd. A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥593.16 Million | +3.84% |
| 2023-12-31 | CN¥571.24 Million | +0.20% |
| 2022-12-31 | CN¥570.12 Million | +0.33% |
| 2021-12-31 | CN¥568.23 Million | +6.99% |
| 2020-12-31 | CN¥531.12 Million | +87.35% |
| 2019-12-31 | CN¥283.49 Million | +11.49% |
| 2018-12-31 | CN¥254.28 Million | +17.52% |
| 2017-12-31 | CN¥216.36 Million | +21.93% |
| 2016-12-31 | CN¥177.44 Million | +42.08% |
| 2015-12-31 | CN¥124.89 Million | +90.26% |
| 2014-12-31 | CN¥65.64 Million | +92.08% |
| 2013-12-31 | CN¥34.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shiyan Taixiang Industry Co. Ltd. A'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 892.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥212.00 Million | 35.86% |
| Common Stock | CN¥99.90 Million | 16.90% |
| Other Comprehensive Income | CN¥68.85 Million | 11.65% |
| Other Components | CN¥210.37 Million | 35.59% |
| Total Equity | CN¥591.11 Million | 100.00% |
Shiyan Taixiang Industry Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shiyan Taixiang Industry Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SB Financial Group Inc
NASDAQ:SBFG
|
$104.23 Million |
|
Hi-Clearance
TWO:1788
|
$104.25 Million |
|
Hua Eng Wire & Cable Co Ltd
TW:1608
|
$104.26 Million |
|
Pha Lai Thermal Power JSC
VN:PPC
|
$104.33 Million |
|
Japan Cash Machine Co. Ltd
F:JCM
|
$104.14 Million |
|
Leadtek Research Inc
TW:2465
|
$104.11 Million |
|
H.G. Infra Engineering Limited
NSE:HGINFRA
|
$104.11 Million |
|
Ceigall India
NSE:CEIGALL
|
$104.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shiyan Taixiang Industry Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 569,479,517 to 591,109,266, a change of 21,629,749 (3.8%).
- Net income of 41,846,726 contributed positively to equity growth.
- Dividend payments of 24,934,032 reduced retained earnings.
- Other comprehensive income increased equity by 68,845,394.
- Other factors decreased equity by 64,128,339.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥41.85 Million | +7.08% |
| Dividends Paid | CN¥24.93 Million | -4.22% |
| Other Comprehensive Income | CN¥68.85 Million | +11.65% |
| Other Changes | CN¥-64.13 Million | -10.85% |
| Total Change | CN¥- | 3.80% |
Book Value vs Market Value Analysis
This analysis compares Shiyan Taixiang Industry Co. Ltd. A'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: 4.67x
- 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 8.10x to 4.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥3.41 | CN¥27.61 | x |
| 2014-12-31 | CN¥4.38 | CN¥27.61 | x |
| 2015-12-31 | CN¥1.78 | CN¥27.61 | x |
| 2016-12-31 | CN¥2.28 | CN¥27.61 | x |
| 2017-12-31 | CN¥2.74 | CN¥27.61 | x |
| 2018-12-31 | CN¥3.22 | CN¥27.61 | x |
| 2019-12-31 | CN¥3.60 | CN¥27.61 | x |
| 2020-12-31 | CN¥6.04 | CN¥27.61 | x |
| 2021-12-31 | CN¥5.65 | CN¥27.61 | x |
| 2022-12-31 | CN¥5.72 | CN¥27.61 | x |
| 2023-12-31 | CN¥5.65 | CN¥27.61 | x |
| 2024-12-31 | CN¥5.92 | CN¥27.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shiyan Taixiang Industry Co. Ltd. A 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): 7.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.91%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.40x
- Recent ROE (7.08%) is below the historical average (27.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 45.49% | 22.90% | 0.95x | 2.10x | CN¥12.13 Million |
| 2014 | 47.94% | 25.39% | 1.06x | 1.77x | CN¥24.90 Million |
| 2015 | 35.23% | 29.23% | 0.98x | 1.23x | CN¥31.51 Million |
| 2016 | 44.10% | 46.92% | 0.78x | 1.20x | CN¥60.51 Million |
| 2017 | 42.30% | 46.08% | 0.76x | 1.20x | CN¥69.88 Million |
| 2018 | 35.60% | 45.83% | 0.68x | 1.15x | CN¥65.09 Million |
| 2019 | 27.76% | 44.09% | 0.56x | 1.13x | CN¥50.36 Million |
| 2020 | 13.25% | 45.44% | 0.27x | 1.07x | CN¥17.28 Million |
| 2021 | 12.39% | 43.90% | 0.27x | 1.05x | CN¥13.58 Million |
| 2022 | 9.09% | 36.12% | 0.24x | 1.06x | CN¥-5.17 Million |
| 2023 | 5.66% | 10.35% | 0.38x | 1.44x | CN¥-24.70 Million |
| 2024 | 7.08% | 9.91% | 0.51x | 1.40x | CN¥-17.26 Million |
Industry Comparison
This section compares Shiyan Taixiang Industry Co. Ltd. A'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 |
|---|---|---|---|---|
| Shiyan Taixiang Industry Co. Ltd. A (301192) | CN¥622.02 Million | 45.49% | 0.37x | $104.16 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 |