Changchun Yidong Clutch Co Ltd

SHG:600148 China Auto Parts
Market Cap
$366.46 Million
CN¥2.69 Billion CNY
Market Cap Rank
#15749 Global
#4198 in China
Share Price
CN¥19.00
Change (1 day)
-0.47%
52-Week Range
CN¥15.77 - CN¥25.04
All Time High
CN¥45.79
Categories
Companies in China Auto Parts
About

Changchun Yidong Clutch CO.,LTD engages in the development, production, and sales of automobile clutches in China and internationally. It offers AMT, lifting mechanism, new energy, and sensor products; vibration dampers; clutch driven plates and covers; and hydraulic tailgates. The company was formerly known as FAW Dongguang Clutch Factory. The company was founded in 1992 and is based in Changchu… Read more

Changchun Yidong Clutch Co Ltd (600148) - Net Assets

Latest net assets as of September 2025: CN¥621.75 Million CNY

Based on the latest financial reports, Changchun Yidong Clutch Co Ltd (600148) has net assets worth CN¥621.75 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¥1.26 Billion) and total liabilities (CN¥639.85 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¥621.75 Million
% of Total Assets 49.28%
Annual Growth Rate 8.76%
5-Year Change -2.18%
10-Year Change 43.38%
Growth Volatility 20.49

Changchun Yidong Clutch Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Changchun Yidong Clutch Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Changchun Yidong Clutch Co Ltd (1995–2024)

The table below shows the annual net assets of Changchun Yidong Clutch Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥601.34 Million -1.31%
2023-12-31 CN¥609.30 Million -1.24%
2022-12-31 CN¥616.93 Million -3.90%
2021-12-31 CN¥641.93 Million +4.42%
2020-12-31 CN¥614.76 Million +11.59%
2019-12-31 CN¥550.91 Million +6.23%
2018-12-31 CN¥518.60 Million +8.09%
2017-12-31 CN¥479.77 Million +8.64%
2016-12-31 CN¥441.61 Million +5.30%
2015-12-31 CN¥419.39 Million -2.60%
2014-12-31 CN¥430.60 Million +10.75%
2013-12-31 CN¥388.82 Million +11.85%
2012-12-31 CN¥347.62 Million -0.50%
2011-12-31 CN¥349.39 Million +15.18%
2010-12-31 CN¥303.34 Million +11.37%
2009-12-31 CN¥272.37 Million -12.16%
2008-12-31 CN¥310.07 Million +2.16%
2007-12-31 CN¥303.51 Million +1.38%
2006-12-31 CN¥299.38 Million +1.51%
2005-12-31 CN¥294.92 Million -0.81%
2004-12-31 CN¥297.32 Million +3.56%
2003-12-31 CN¥287.10 Million +7.92%
2002-12-31 CN¥266.02 Million +2.05%
2001-12-31 CN¥260.68 Million +34.77%
2000-12-31 CN¥193.42 Million -1.01%
1999-12-31 CN¥195.39 Million +7.95%
1998-12-31 CN¥180.99 Million +100.63%
1997-12-31 CN¥90.21 Million +47.89%
1996-12-31 CN¥61.00 Million +15.95%
1995-12-31 CN¥52.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Changchun Yidong Clutch 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 19199429800.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥191.99 Million 41.46%
Common Stock CN¥141.52 Million 30.56%
Other Components CN¥129.61 Million 27.99%
Total Equity CN¥463.12 Million 100.00%

Changchun Yidong Clutch Co Ltd Competitors by Market Cap

The table below lists competitors of Changchun Yidong Clutch Co Ltd ranked by their market capitalization.

Company Market Cap
Quanterix Corp
NASDAQ:QTRX
 		$174.17 Million
Kingsway Financial Services Inc
NYSE:KFS
 		$174.17 Million
Sports Gear Co. Ltd
TW:6768
 		$174.21 Million
Van de Velde NV
PINK:VDEVF
 		$174.23 Million
RANA GRUBER ASA NK -25
F:7XH
 		$174.10 Million
Escalade Incorporated
NASDAQ:ESCA
 		$174.07 Million
NIBEC Co. Ltd
KQ:138610
 		$173.90 Million
Bajaj Electricals Limited
NSE:BAJAJELEC
 		$173.81 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Changchun Yidong Clutch Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 471,201,178 to 463,119,006, a change of -8,082,172 (-1.7%).
  • Net loss of 2,321,199 reduced equity.
  • Dividend payments of 5,577,693 reduced retained earnings.
  • Other comprehensive income decreased equity by 42,833,903.
  • Other factors increased equity by 42,650,623.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-2.32 Million -0.5%
Dividends Paid CN¥5.58 Million -1.2%
Other Comprehensive Income CN¥-42.83 Million -9.25%
Other Changes CN¥42.65 Million +9.21%
Total Change CN¥- -1.72%

Book Value vs Market Value Analysis

This analysis compares Changchun Yidong Clutch 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: 5.81x
  • 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 51.12x to 5.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.37 CN¥19.00 x
1996-12-31 CN¥0.43 CN¥19.00 x
1997-12-31 CN¥0.64 CN¥19.00 x
1998-12-31 CN¥1.28 CN¥19.00 x
1999-12-31 CN¥1.38 CN¥19.00 x
2000-12-31 CN¥1.37 CN¥19.00 x
2001-12-31 CN¥1.78 CN¥19.00 x
2002-12-31 CN¥1.82 CN¥19.00 x
2003-12-31 CN¥1.96 CN¥19.00 x
2004-12-31 CN¥2.00 CN¥19.00 x
2005-12-31 CN¥1.98 CN¥19.00 x
2006-12-31 CN¥2.01 CN¥19.00 x
2007-12-31 CN¥2.03 CN¥19.00 x
2008-12-31 CN¥2.18 CN¥19.00 x
2009-12-31 CN¥1.76 CN¥19.00 x
2010-12-31 CN¥1.93 CN¥19.00 x
2011-12-31 CN¥2.21 CN¥19.00 x
2012-12-31 CN¥2.18 CN¥19.00 x
2013-12-31 CN¥2.42 CN¥19.00 x
2014-12-31 CN¥2.62 CN¥19.00 x
2015-12-31 CN¥3.24 CN¥19.00 x
2016-12-31 CN¥2.78 CN¥19.00 x
2017-12-31 CN¥2.86 CN¥19.00 x
2018-12-31 CN¥2.93 CN¥19.00 x
2019-12-31 CN¥3.10 CN¥19.00 x
2020-12-31 CN¥3.40 CN¥19.00 x
2021-12-31 CN¥3.50 CN¥19.00 x
2022-12-31 CN¥3.34 CN¥19.00 x
2023-12-31 CN¥3.35 CN¥19.00 x
2024-12-31 CN¥3.27 CN¥19.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Changchun Yidong Clutch 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): -0.50%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.34%
  • • Asset Turnover: 0.61x
  • • Equity Multiplier: 2.46x
  • Recent ROE (-0.50%) is below the historical average (7.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 43.19% 23.31% 0.57x 3.26x CN¥17.46 Million
1996 32.46% 16.96% 0.59x 3.23x CN¥13.70 Million
1997 12.90% 10.66% 0.44x 2.76x CN¥2.62 Million
1998 10.31% 15.69% 0.43x 1.54x CN¥558.07K
1999 21.11% 25.64% 0.47x 1.76x CN¥21.71 Million
2000 5.95% 7.47% 0.48x 1.66x CN¥-7.84 Million
2001 3.29% 5.18% 0.45x 1.41x CN¥-16.94 Million
2002 5.35% 6.45% 0.61x 1.36x CN¥-11.98 Million
2003 7.18% 7.79% 0.72x 1.28x CN¥-7.84 Million
2004 5.80% 5.44% 0.68x 1.58x CN¥-11.91 Million
2005 0.77% 0.59% 0.74x 1.74x CN¥-25.90 Million
2006 2.86% 1.87% 0.87x 1.77x CN¥-20.27 Million
2007 2.93% 1.73% 0.94x 1.80x CN¥-20.18 Million
2008 3.82% 2.13% 0.84x 2.14x CN¥-17.96 Million
2009 -15.42% -9.65% 0.63x 2.53x CN¥-63.65 Million
2010 7.78% 2.94% 0.88x 3.01x CN¥-6.04 Million
2011 13.29% 5.54% 0.83x 2.88x CN¥10.30 Million
2012 1.09% 0.56% 0.73x 2.69x CN¥-27.45 Million
2013 8.69% 4.41% 0.76x 2.58x CN¥-4.42 Million
2014 10.39% 5.76% 0.76x 2.38x CN¥1.45 Million
2015 0.31% 0.22% 0.61x 2.31x CN¥-35.08 Million
2016 3.23% 1.99% 0.64x 2.53x CN¥-25.44 Million
2017 4.54% 2.34% 0.75x 2.61x CN¥-21.59 Million
2018 8.54% 4.04% 0.83x 2.54x CN¥-6.10 Million
2019 9.72% 4.53% 0.85x 2.52x CN¥-1.21 Million
2020 11.88% 4.95% 0.85x 2.82x CN¥9.07 Million
2021 8.34% 3.67% 0.89x 2.54x CN¥-8.22 Million
2022 -1.49% -1.28% 0.52x 2.24x CN¥-54.37 Million
2023 0.14% 0.09% 0.56x 2.65x CN¥-46.46 Million
2024 -0.50% -0.34% 0.61x 2.46x CN¥-48.63 Million

Industry Comparison

This section compares Changchun Yidong Clutch Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,572,980,621
  • Average return on equity (ROE) among peers: 8.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Changchun Yidong Clutch Co Ltd (600148) CN¥621.75 Million 43.19% 1.03x $174.11 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