Dongfeng Automobile Co Ltd (600006) - Net Assets
Based on the latest financial reports, Dongfeng Automobile Co Ltd (600006) has net assets worth CN¥8.66 Billion CNY (≈ $1.27 Billion 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¥16.33 Billion ≈ $2.39 Billion USD) and total liabilities (CN¥7.67 Billion ≈ $1.12 Billion 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 600006 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.66 Billion |
| % of Total Assets | 53.03% |
| Annual Growth Rate | 10.53% |
| 5-Year Change | 5.9% |
| 10-Year Change | 5.12% |
| Growth Volatility | 49.63 |
Dongfeng Automobile Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Dongfeng Automobile Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Dongfeng Automobile Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Dongfeng Automobile Co Ltd (1996–2024)
The table below shows the annual net assets of Dongfeng Automobile Co Ltd from 1996 to 2024. For live valuation and market cap data, see how much is Dongfeng Automobile Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.57 Billion ≈ $1.25 Billion |
-0.34% |
| 2023-12-31 | CN¥8.60 Billion ≈ $1.26 Billion |
+1.37% |
| 2022-12-31 | CN¥8.48 Billion ≈ $1.24 Billion |
+2.23% |
| 2021-12-31 | CN¥8.30 Billion ≈ $1.21 Billion |
+2.54% |
| 2020-12-31 | CN¥8.09 Billion ≈ $1.18 Billion |
+5.15% |
| 2019-12-31 | CN¥7.70 Billion ≈ $1.13 Billion |
+3.14% |
| 2018-12-31 | CN¥7.46 Billion ≈ $1.09 Billion |
+6.22% |
| 2017-12-31 | CN¥7.02 Billion ≈ $1.03 Billion |
-5.20% |
| 2016-12-31 | CN¥7.41 Billion ≈ $1.08 Billion |
-9.10% |
| 2015-12-31 | CN¥8.15 Billion ≈ $1.19 Billion |
+3.02% |
| 2014-12-31 | CN¥7.91 Billion ≈ $1.16 Billion |
+2.01% |
| 2013-12-31 | CN¥7.76 Billion ≈ $1.14 Billion |
+3.23% |
| 2012-12-31 | CN¥7.51 Billion ≈ $1.10 Billion |
-0.07% |
| 2011-12-31 | CN¥7.52 Billion ≈ $1.10 Billion |
+3.50% |
| 2010-12-31 | CN¥7.27 Billion ≈ $1.06 Billion |
+7.38% |
| 2009-12-31 | CN¥6.77 Billion ≈ $990.04 Million |
+16.15% |
| 2008-12-31 | CN¥5.83 Billion ≈ $852.40 Million |
+4.56% |
| 2007-12-31 | CN¥5.57 Billion ≈ $815.19 Million |
+11.33% |
| 2006-12-31 | CN¥5.00 Billion ≈ $732.20 Million |
+7.14% |
| 2005-12-31 | CN¥4.67 Billion ≈ $683.38 Million |
+6.95% |
| 2004-12-31 | CN¥4.37 Billion ≈ $638.95 Million |
+6.46% |
| 2003-12-31 | CN¥4.10 Billion ≈ $600.15 Million |
+13.70% |
| 2002-12-31 | CN¥3.61 Billion ≈ $527.82 Million |
+14.52% |
| 2001-12-31 | CN¥3.15 Billion ≈ $460.90 Million |
+11.28% |
| 2000-12-31 | CN¥2.83 Billion ≈ $414.16 Million |
+12.35% |
| 1999-12-31 | CN¥2.52 Billion ≈ $368.65 Million |
+270.41% |
| 1998-12-31 | CN¥680.14 Million ≈ $99.53 Million |
0.00% |
| 1997-12-31 | CN¥680.14 Million ≈ $99.53 Million |
+30.98% |
| 1996-12-31 | CN¥519.26 Million ≈ $75.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dongfeng Automobile 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 469746862000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.70 Billion | 56.76% |
| Common Stock | CN¥2.00 Billion | 24.17% |
| Other Comprehensive Income | CN¥993.45 Million | 12.00% |
| Other Components | CN¥585.48 Million | 7.07% |
| Total Equity | CN¥8.28 Billion | 100.00% |
Dongfeng Automobile Co Ltd Competitors by Market Cap
The table below lists competitors of Dongfeng Automobile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Snowline Gold Corp.
V:SGD
|
$1.96 Billion |
|
Aluar Aluminio Argentino
BA:ALUA
|
$1.97 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
$1.97 Billion |
|
Ratch Group Public Company Limited
BK:RATCH
|
$1.97 Billion |
|
SL Corp
KO:005850
|
$1.96 Billion |
|
Geo Group Inc
NYSE:GEO
|
$1.96 Billion |
|
Eugene Technology Co.Ltd
KQ:084370
|
$1.96 Billion |
|
El Al Israel Airlines Ltd
TA:ELAL
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongfeng Automobile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,309,637,417 to 8,276,398,615, a change of -33,238,802 (-0.4%).
- Net income of 29,162,163 contributed positively to equity growth.
- Dividend payments of 60,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 979,787,662.
- Other factors decreased equity by 981,988,627.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥29.16 Million | +0.35% |
| Dividends Paid | CN¥60.20 Million | -0.73% |
| Other Comprehensive Income | CN¥979.79 Million | +11.84% |
| Other Changes | CN¥-981.99 Million | -11.86% |
| Total Change | CN¥- | -0.40% |
Book Value vs Market Value Analysis
This analysis compares Dongfeng Automobile 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: 2.36x
- 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 25.84x to 2.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.26 | CN¥6.71 | x |
| 1997-12-31 | CN¥0.34 | CN¥6.71 | x |
| 1998-12-31 | CN¥0.34 | CN¥6.71 | x |
| 1999-12-31 | CN¥1.26 | CN¥6.71 | x |
| 2000-12-31 | CN¥1.35 | CN¥6.71 | x |
| 2001-12-31 | CN¥1.48 | CN¥6.71 | x |
| 2002-12-31 | CN¥1.69 | CN¥6.71 | x |
| 2003-12-31 | CN¥2.01 | CN¥6.71 | x |
| 2004-12-31 | CN¥2.15 | CN¥6.71 | x |
| 2005-12-31 | CN¥2.27 | CN¥6.71 | x |
| 2006-12-31 | CN¥2.49 | CN¥6.71 | x |
| 2007-12-31 | CN¥2.62 | CN¥6.71 | x |
| 2008-12-31 | CN¥2.62 | CN¥6.71 | x |
| 2009-12-31 | CN¥2.71 | CN¥6.71 | x |
| 2010-12-31 | CN¥2.99 | CN¥6.71 | x |
| 2011-12-31 | CN¥3.03 | CN¥6.71 | x |
| 2012-12-31 | CN¥3.00 | CN¥6.71 | x |
| 2013-12-31 | CN¥2.99 | CN¥6.71 | x |
| 2014-12-31 | CN¥3.05 | CN¥6.71 | x |
| 2015-12-31 | CN¥3.20 | CN¥6.71 | x |
| 2016-12-31 | CN¥3.25 | CN¥6.71 | x |
| 2017-12-31 | CN¥3.35 | CN¥6.71 | x |
| 2018-12-31 | CN¥3.57 | CN¥6.71 | x |
| 2019-12-31 | CN¥3.70 | CN¥6.71 | x |
| 2020-12-31 | CN¥3.91 | CN¥6.71 | x |
| 2021-12-31 | CN¥4.01 | CN¥6.71 | x |
| 2022-12-31 | CN¥4.10 | CN¥6.71 | x |
| 2023-12-31 | CN¥4.15 | CN¥6.71 | x |
| 2024-12-31 | CN¥2.84 | CN¥6.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongfeng Automobile 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): 0.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.27%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.08x
- Recent ROE (0.35%) is below the historical average (8.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 10.09% | 2.75% | 1.26x | 2.91x | CN¥458.09K |
| 1997 | 21.86% | 5.12% | 1.63x | 2.62x | CN¥80.66 Million |
| 1998 | 35.81% | 7.04% | 1.65x | 3.09x | CN¥175.52 Million |
| 1999 | 12.74% | 10.40% | 0.85x | 1.44x | CN¥68.99 Million |
| 2000 | 12.96% | 10.14% | 0.85x | 1.51x | CN¥79.75 Million |
| 2001 | 18.17% | 12.13% | 0.90x | 1.67x | CN¥241.58 Million |
| 2002 | 18.45% | 8.90% | 1.06x | 1.96x | CN¥285.28 Million |
| 2003 | 15.64% | 10.76% | 0.90x | 1.62x | CN¥227.01 Million |
| 2004 | 10.84% | 7.64% | 0.86x | 1.65x | CN¥36.16 Million |
| 2005 | 8.68% | 4.48% | 0.90x | 2.15x | CN¥-59.64 Million |
| 2006 | 9.75% | 4.60% | 0.97x | 2.19x | CN¥-12.36 Million |
| 2007 | 9.35% | 3.71% | 1.09x | 2.31x | CN¥-34.27 Million |
| 2008 | 6.03% | 2.54% | 1.12x | 2.12x | CN¥-207.86 Million |
| 2009 | 5.87% | 2.25% | 0.94x | 2.76x | CN¥-223.82 Million |
| 2010 | 9.69% | 2.88% | 1.05x | 3.19x | CN¥-18.45 Million |
| 2011 | 7.67% | 2.20% | 1.08x | 3.21x | CN¥-141.20 Million |
| 2012 | 0.36% | 0.12% | 0.95x | 3.11x | CN¥-576.08 Million |
| 2013 | 0.82% | 0.25% | 0.96x | 3.38x | CN¥-547.76 Million |
| 2014 | 2.31% | 0.80% | 0.90x | 3.19x | CN¥-468.51 Million |
| 2015 | 5.39% | 2.04% | 0.83x | 3.16x | CN¥-294.64 Million |
| 2016 | 3.36% | 2.37% | 0.43x | 3.30x | CN¥-431.83 Million |
| 2017 | 3.00% | 1.10% | 1.03x | 2.66x | CN¥-469.26 Million |
| 2018 | 7.75% | 3.84% | 0.73x | 2.75x | CN¥-160.47 Million |
| 2019 | 5.97% | 3.27% | 0.72x | 2.54x | CN¥-298.34 Million |
| 2020 | 7.08% | 4.03% | 0.68x | 2.58x | CN¥-228.11 Million |
| 2021 | 4.63% | 2.39% | 0.78x | 2.48x | CN¥-430.38 Million |
| 2022 | 3.48% | 2.34% | 0.69x | 2.16x | CN¥-534.53 Million |
| 2023 | 2.41% | 1.66% | 0.63x | 2.31x | CN¥-630.92 Million |
| 2024 | 0.35% | 0.27% | 0.63x | 2.08x | CN¥-798.48 Million |
Industry Comparison
This section compares Dongfeng Automobile Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $17,408,759,329
- Average return on equity (ROE) among peers: -33.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongfeng Automobile Co Ltd (600006) | CN¥8.66 Billion | 10.09% | 0.89x | $1.96 Billion |
| Weichai Power Co Ltd Class A (000338) | $80.43 Billion | 11.47% | 2.37x | $30.91 Billion |
| Jiangling Motors Corp Ltd (000550) | $1.38 Billion | 3.14% | 2.33x | $1.42 Billion |
| Haima Automobile Group Co Ltd (000572) | $3.79 Billion | 12.92% | 1.18x | $1.35 Billion |
| Chongqing Changan Automobile Co Ltd (000625) | $74.68 Billion | 15.17% | 1.55x | $11.53 Billion |
| Faw Car Co Ltd (000800) | $3.22 Billion | 12.55% | 0.49x | $4.85 Billion |
| Anhui Ankai Automobile Co Ltd (000868) | $788.35 Million | 9.30% | 2.22x | $613.16 Million |
| Kunming Yunnei Power Co Ltd (000903) | $2.58 Billion | 1.55% | 0.72x | $620.05 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $2.52 Billion | 2.52% | 0.74x | $1.04 Billion |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.86 Billion |
| Yinyi Real Estate Co Ltd (000981) | $4.45 Billion | 14.29% | 4.40x | $5.62 Billion |
About Dongfeng Automobile Co Ltd
DongFeng Automobile Co. LTD designs, develops, manufactures, and sells automobiles, automobile engines, parts, and castings in the People's Republic of China. The company offers light trucks under the Dongfeng Captur, Dongfeng Dolica, Dongfeng Tuyi, Dongfeng Subor, Dongfeng Ruilida, and Dongfeng Furika brand names; buses under the Dongfeng Tianyi brand name; vans under Yufeng and Ruilida brands; … Read more