Aerospace Auto

SHG:600151 China Auto Parts
Market Cap
$2.70 Billion
CN¥19.78 Billion CNY
Market Cap Rank
#5268 Global
#659 in China
Share Price
CN¥13.79
Change (1 day)
-2.61%
52-Week Range
CN¥5.95 - CN¥22.79
All Time High
CN¥22.79
Categories
Companies in China Auto Parts
About

Shanghai Aerospace Automobile Electromechanical Co., Ltd. researches, develops, manufactures, and sells application products in the civil-military integration fields in China and internationally. It also engages in the integration of polysilicon, solar cells, battery packs, and photovoltaic plus energy storage systems; and air conditioning systems, EPS and other automotive electronic system produ… Read more

Aerospace Auto (600151) - Net Assets

Latest net assets as of September 2025: CN¥5.02 Billion CNY

Based on the latest financial reports, Aerospace Auto (600151) has net assets worth CN¥5.02 Billion 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¥7.56 Billion) and total liabilities (CN¥2.54 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¥5.02 Billion
% of Total Assets 66.43%
Annual Growth Rate 11.38%
5-Year Change -11.75%
10-Year Change 25.29%
Growth Volatility 33.61

Aerospace Auto - Net Assets Trend (1995–2024)

This chart illustrates how Aerospace Auto's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Aerospace Auto (1995–2024)

The table below shows the annual net assets of Aerospace Auto from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.25 Billion -2.15%
2023-12-31 CN¥5.36 Billion -7.03%
2022-12-31 CN¥5.77 Billion -1.46%
2021-12-31 CN¥5.85 Billion -1.56%
2020-12-31 CN¥5.95 Billion +2.64%
2019-12-31 CN¥5.79 Billion -13.51%
2018-12-31 CN¥6.70 Billion +14.54%
2017-12-31 CN¥5.85 Billion -6.57%
2016-12-31 CN¥6.26 Billion +49.45%
2015-12-31 CN¥4.19 Billion +10.39%
2014-12-31 CN¥3.79 Billion -0.15%
2013-12-31 CN¥3.80 Billion -10.11%
2012-12-31 CN¥4.23 Billion +18.93%
2011-12-31 CN¥3.55 Billion -1.35%
2010-12-31 CN¥3.60 Billion +57.78%
2009-12-31 CN¥2.28 Billion +51.04%
2008-12-31 CN¥1.51 Billion -2.10%
2007-12-31 CN¥1.54 Billion -1.64%
2006-12-31 CN¥1.57 Billion -10.41%
2005-12-31 CN¥1.75 Billion -2.71%
2004-12-31 CN¥1.80 Billion +2.09%
2003-12-31 CN¥1.76 Billion +8.76%
2002-12-31 CN¥1.62 Billion +3.99%
2001-12-31 CN¥1.56 Billion +2.82%
2000-12-31 CN¥1.52 Billion +41.56%
1999-12-31 CN¥1.07 Billion +7.02%
1998-12-31 CN¥1.00 Billion +146.29%
1997-12-31 CN¥406.69 Million -2.00%
1996-12-31 CN¥414.98 Million +79.96%
1995-12-31 CN¥230.59 Million --

Equity Component Analysis

This analysis shows how different components contribute to Aerospace Auto'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 decreased by 3561.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.43 Billion 29.56%
Other Components CN¥5.08 Billion 104.75%
Total Equity CN¥4.85 Billion 100.00%

Aerospace Auto Competitors by Market Cap

The table below lists competitors of Aerospace Auto ranked by their market capitalization.

Company Market Cap
Beijing Vantone Real Estate Co Ltd
SHG:600246
 		$1.80 Billion
BANCO DEL BAJIO SER.O
F:5NT
 		$1.80 Billion
Jollibee Foods Corporation
PINK:JBFCF
 		$1.80 Billion
Strategic Education Inc
NASDAQ:STRA
 		$1.80 Billion
Grafton Group plc
PINK:GROUF
 		$1.80 Billion
SmartStop Self Storage REIT, Inc.
NYSE:SMA
 		$1.80 Billion
Levi Strauss & Co Class A
NYSE:LEVI
 		$1.80 Billion
Freshworks Inc
NASDAQ:FRSH
 		$1.80 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aerospace Auto's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,943,866,629 to 4,852,573,304, a change of -91,293,325 (-1.8%).
  • Net loss of 71,164,945 reduced equity.
  • Dividend payments of 58,048,882 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-71.16 Million -1.47%
Dividends Paid CN¥58.05 Million -1.2%
Other Changes CN¥37.92 Million +0.78%
Total Change CN¥- -1.85%

Book Value vs Market Value Analysis

This analysis compares Aerospace Auto'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: 4.08x
  • 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 44.88x to 4.08x 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¥0.31 CN¥13.79 x
1996-12-31 CN¥0.55 CN¥13.79 x
1997-12-31 CN¥0.60 CN¥13.79 x
1998-12-31 CN¥1.47 CN¥13.79 x
1999-12-31 CN¥1.52 CN¥13.79 x
2000-12-31 CN¥2.28 CN¥13.79 x
2001-12-31 CN¥2.33 CN¥13.79 x
2002-12-31 CN¥2.35 CN¥13.79 x
2003-12-31 CN¥2.54 CN¥13.79 x
2004-12-31 CN¥2.57 CN¥13.79 x
2005-12-31 CN¥2.47 CN¥13.79 x
2006-12-31 CN¥1.59 CN¥13.79 x
2007-12-31 CN¥1.59 CN¥13.79 x
2008-12-31 CN¥1.56 CN¥13.79 x
2009-12-31 CN¥1.63 CN¥13.79 x
2010-12-31 CN¥3.10 CN¥13.79 x
2011-12-31 CN¥2.67 CN¥13.79 x
2012-12-31 CN¥3.45 CN¥13.79 x
2013-12-31 CN¥3.02 CN¥13.79 x
2014-12-31 CN¥2.99 CN¥13.79 x
2015-12-31 CN¥3.30 CN¥13.79 x
2016-12-31 CN¥4.59 CN¥13.79 x
2017-12-31 CN¥3.99 CN¥13.79 x
2018-12-31 CN¥4.18 CN¥13.79 x
2019-12-31 CN¥3.69 CN¥13.79 x
2020-12-31 CN¥3.81 CN¥13.79 x
2021-12-31 CN¥3.77 CN¥13.79 x
2022-12-31 CN¥3.73 CN¥13.79 x
2023-12-31 CN¥3.45 CN¥13.79 x
2024-12-31 CN¥3.38 CN¥13.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aerospace Auto 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): -1.47%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.33%
  • • Asset Turnover: 0.65x
  • • Equity Multiplier: 1.71x
  • Recent ROE (-1.47%) is below the historical average (7.22%), 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 64.30% 12.42% 1.37x 3.78x CN¥84.64 Million
1996 47.28% 14.97% 1.14x 2.78x CN¥104.40 Million
1997 42.44% 15.76% 1.01x 2.65x CN¥98.72 Million
1998 14.11% 14.94% 0.53x 1.78x CN¥30.57 Million
1999 15.00% 14.08% 0.53x 2.03x CN¥38.49 Million
2000 11.54% 13.85% 0.46x 1.81x CN¥17.86 Million
2001 7.48% 8.37% 0.48x 1.85x CN¥-29.76 Million
2002 6.51% 5.99% 0.59x 1.86x CN¥-41.56 Million
2003 7.97% 5.34% 0.79x 1.88x CN¥-26.17 Million
2004 8.03% 5.95% 0.73x 1.85x CN¥-25.70 Million
2005 5.16% 3.58% 0.73x 1.97x CN¥-60.62 Million
2006 7.51% 4.44% 0.88x 1.92x CN¥-31.81 Million
2007 4.25% 4.01% 0.57x 1.87x CN¥-73.32 Million
2008 2.35% 2.39% 0.50x 1.96x CN¥-96.17 Million
2009 5.95% 5.91% 0.23x 4.33x CN¥-52.77 Million
2010 5.16% 5.57% 0.32x 2.94x CN¥-130.14 Million
2011 0.56% 0.62% 0.24x 3.80x CN¥-248.34 Million
2012 -24.47% -58.14% 0.14x 3.07x CN¥-1.25 Billion
2013 3.82% 4.29% 0.43x 2.07x CN¥-233.45 Million
2014 0.97% 0.95% 0.44x 2.33x CN¥-338.13 Million
2015 4.18% 4.27% 0.37x 2.62x CN¥-239.90 Million
2016 3.32% 3.71% 0.39x 2.27x CN¥-406.94 Million
2017 -5.40% -4.64% 0.51x 2.29x CN¥-881.97 Million
2018 0.64% 0.58% 0.58x 1.92x CN¥-559.76 Million
2019 -14.22% -10.89% 0.63x 2.07x CN¥-1.28 Billion
2020 3.14% 2.81% 0.57x 1.95x CN¥-375.30 Million
2021 1.11% 0.95% 0.59x 1.98x CN¥-480.62 Million
2022 -1.94% -1.18% 0.79x 2.09x CN¥-638.18 Million
2023 -8.62% -4.62% 0.85x 2.21x CN¥-920.36 Million
2024 -1.47% -1.33% 0.65x 1.71x CN¥-556.42 Million

Industry Comparison

This section compares Aerospace Auto'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
Aerospace Auto (600151) CN¥5.02 Billion 64.30% 0.51x $1.80 Billion
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