CATARC Automotive Proving Ground Co.Ltd. (301215) - Net Assets
Based on the latest financial reports, CATARC Automotive Proving Ground Co.Ltd. (301215) has net assets worth CN¥2.87 Billion CNY (≈ $419.92 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.44 Billion ≈ $504.06 Million USD) and total liabilities (CN¥575.00 Million ≈ $84.14 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 301215 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.87 Billion |
| % of Total Assets | 83.31% |
| Annual Growth Rate | 18.2% |
| 5-Year Change | 113.49% |
| 10-Year Change | N/A |
| Growth Volatility | 34.47 |
CATARC Automotive Proving Ground Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how CATARC Automotive Proving Ground Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 301215 total assets for the complete picture of this company's asset base.
Annual Net Assets for CATARC Automotive Proving Ground Co.Ltd. (2019–2024)
The table below shows the annual net assets of CATARC Automotive Proving Ground Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see market value of CATARC Automotive Proving Ground Co.Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.85 Billion ≈ $417.51 Million |
+1.17% |
| 2023-12-31 | CN¥2.82 Billion ≈ $412.66 Million |
+3.43% |
| 2022-12-31 | CN¥2.73 Billion ≈ $398.98 Million |
+90.86% |
| 2021-12-31 | CN¥1.43 Billion ≈ $209.05 Million |
+6.90% |
| 2020-12-31 | CN¥1.34 Billion ≈ $195.56 Million |
+8.10% |
| 2019-12-31 | CN¥1.24 Billion ≈ $180.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CATARC Automotive Proving Ground 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 55.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥342.76 Million | 12.01% |
| Other Components | CN¥2.51 Billion | 87.99% |
| Total Equity | CN¥2.85 Billion | 100.00% |
CATARC Automotive Proving Ground Co.Ltd. Competitors by Market Cap
The table below lists competitors of CATARC Automotive Proving Ground Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros
MC:LDA
|
$1.25 Billion |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
$1.25 Billion |
|
Sichuan Huiyu Pharmaceutical Co Ltd
SHG:688553
|
$1.25 Billion |
|
Maze Therapeutics, Inc. Common Stock
NASDAQ:MAZE
|
$1.25 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
$1.25 Billion |
|
Ziff Davis Inc
NASDAQ:ZD
|
$1.25 Billion |
|
Tamilnad Mercantile Bank Limited
NSE:TMB
|
$1.25 Billion |
|
VIA Technologies Inc
TW:2388
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CATARC Automotive Proving Ground Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,820,058,882 to 2,853,150,019, a change of 33,091,137 (1.2%).
- Net income of 166,653,537 contributed positively to equity growth.
- Dividend payments of 133,600,841 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥166.65 Million | +5.84% |
| Dividends Paid | CN¥133.60 Million | -4.68% |
| Other Changes | CN¥38.44K | +0.0% |
| Total Change | CN¥- | 1.17% |
Book Value vs Market Value Analysis
This analysis compares CATARC Automotive Proving Ground 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: 2.99x
- 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 5.18x to 2.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥1.25 | CN¥6.46 | x |
| 2020-12-31 | CN¥1.35 | CN¥6.46 | x |
| 2021-12-31 | CN¥1.44 | CN¥6.46 | x |
| 2022-12-31 | CN¥2.06 | CN¥6.46 | x |
| 2023-12-31 | CN¥2.13 | CN¥6.46 | x |
| 2024-12-31 | CN¥2.16 | CN¥6.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CATARC Automotive Proving Ground 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): 5.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.65%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.20x
- Recent ROE (5.84%) is below the historical average (7.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 11.58% | 39.85% | 0.21x | 1.40x | CN¥19.53 Million |
| 2020 | 7.49% | 34.13% | 0.15x | 1.42x | CN¥-33.51 Million |
| 2021 | 7.22% | 34.64% | 0.15x | 1.40x | CN¥-39.69 Million |
| 2022 | 5.22% | 43.81% | 0.10x | 1.14x | CN¥-130.39 Million |
| 2023 | 5.85% | 46.24% | 0.10x | 1.22x | CN¥-117.04 Million |
| 2024 | 5.84% | 41.65% | 0.12x | 1.20x | CN¥-118.66 Million |
Industry Comparison
This section compares CATARC Automotive Proving Ground Co.Ltd.'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $4,356,430,475
- Average return on equity (ROE) among peers: -7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CATARC Automotive Proving Ground Co.Ltd. (301215) | CN¥2.87 Billion | 11.58% | 0.20x | $1.25 Billion |
| Fujian Zhangzhou Development Co Ltd (000753) | $1.10 Billion | 2.59% | 0.70x | $995.28 Million |
| Sinomach Automobile Co Ltd (600335) | $10.54 Billion | 2.43% | 1.86x | $1.32 Billion |
| Liaoning Shenhua Holdings Co Ltd (600653) | $1.43 Billion | -26.23% | 1.54x | $524.06 Million |
About CATARC Automotive Proving Ground Co.Ltd.
CATARC Automotive Proving Ground Co.,Ltd. engages in the provision of field test technical services in China. It is involved in building automobile field test environments and test scenarios to automobile manufacturers, automobile testing institutions, and automobile chassis component system companies, as well as tire companies; and invests, operates, and manages automobile test sites. The compan… Read more