Longhorn Auto Co. Ltd. A
Longhorn Auto Co., Ltd. engages in the research and development, design, manufacture, and sale of automotive intelligent driving perception systems in China and internationally. The company offers vehicle-mounted camera systems, vehicle-mounted video driving recording systems, and ultrasonic radar systems that integrate software, algorithms, and optical design and hardware. It also provides in-ve… Read more
Longhorn Auto Co. Ltd. A (301488) - Net Assets
Latest net assets as of June 2025: CN¥1.42 Billion CNY
Based on the latest financial reports, Longhorn Auto Co. Ltd. A (301488) has net assets worth CN¥1.42 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.47 Billion) and total liabilities (CN¥1.04 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¥1.42 Billion |
| % of Total Assets | 57.72% |
| Annual Growth Rate | 75.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 111.92 |
Longhorn Auto Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Longhorn Auto 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 Longhorn Auto Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Longhorn Auto Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.31 Billion | +4.69% |
| 2023-12-31 | CN¥1.25 Billion | +258.84% |
| 2022-12-31 | CN¥349.28 Million | +42.79% |
| 2021-12-31 | CN¥244.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Longhorn Auto 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 176.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥302.19 Million | 23.03% |
| Other Components | CN¥1.01 Billion | 76.97% |
| Total Equity | CN¥1.31 Billion | 100.00% |
Longhorn Auto Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Longhorn Auto Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rainbow Childrens Medicare Limited
NSE:RAINBOW
|
$559.52 Million |
|
Sociedad Matriz SAAM SA
SN:SMSAAM
|
$559.55 Million |
|
Fujian Kuncai Material Tech
SHG:603826
|
$559.56 Million |
|
Asante Gold Corporation
PINK:ASGOF
|
$559.75 Million |
|
Westshore Terminals Investment Corp
PINK:WTSHF
|
$559.09 Million |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128
|
$558.83 Million |
|
Guangan
SHG:600979
|
$558.73 Million |
|
ArriVent BioPharma, Inc. Common Stock
NASDAQ:AVBP
|
$558.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Longhorn Auto Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,253,358,382 to 1,312,080,419, a change of 58,722,038 (4.7%).
- Net income of 100,911,843 contributed positively to equity growth.
- Dividend payments of 46,155,834 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥100.91 Million | +7.69% |
| Dividends Paid | CN¥46.16 Million | -3.52% |
| Other Changes | CN¥3.97 Million | +0.3% |
| Total Change | CN¥- | 4.69% |
Book Value vs Market Value Analysis
This analysis compares Longhorn Auto 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: 9.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥0.00 | CN¥136.00 | x |
| 2022-12-31 | CN¥5.06 | CN¥136.00 | x |
| 2023-12-31 | CN¥13.62 | CN¥136.00 | x |
| 2024-12-31 | CN¥14.26 | CN¥136.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Longhorn Auto 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): 7.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.16%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.68x
- Recent ROE (7.69%) is below the historical average (11.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 9.86% | 1.31x | 0.00x | CN¥96.70 Million |
| 2022 | 29.97% | 9.70% | 1.09x | 2.82x | CN¥69.76 Million |
| 2023 | 9.06% | 9.45% | 0.60x | 1.59x | CN¥-11.77 Million |
| 2024 | 7.69% | 7.16% | 0.64x | 1.68x | CN¥-30.30 Million |
Industry Comparison
This section compares Longhorn Auto 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 |
|---|---|---|---|---|
| Longhorn Auto Co. Ltd. A (301488) | CN¥1.42 Billion | 0.00% | 0.73x | $559.38 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 |