Harbin Dongan Auto Engine Co Ltd
Harbin Dongan Auto Engine Co.,Ltd produces and markets automobile products. The company offers engine products, manual and automatic transmission products, and range extender power systems. Its products are used in powertrains for high-end passenger cars, light and medium-sized commercial vehicles, and new energy vehicles. The company was founded in 1948 and is based in Harbin, the People's Repub… Read more
Harbin Dongan Auto Engine Co Ltd (600178) - Net Assets
Latest net assets as of September 2025: CN¥3.52 Billion CNY
Based on the latest financial reports, Harbin Dongan Auto Engine Co Ltd (600178) has net assets worth CN¥3.52 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¥7.73 Billion) and total liabilities (CN¥4.21 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¥3.52 Billion |
| % of Total Assets | 45.51% |
| Annual Growth Rate | 9.23% |
| 5-Year Change | 82.71% |
| 10-Year Change | 100.96% |
| Growth Volatility | 54.99 |
Harbin Dongan Auto Engine Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Harbin Dongan Auto Engine 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 Harbin Dongan Auto Engine Co Ltd (1995–2024)
The table below shows the annual net assets of Harbin Dongan Auto Engine Co Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.51 Billion | +0.58% |
| 2023-12-31 | CN¥3.49 Billion | +5.14% |
| 2022-12-31 | CN¥3.32 Billion | -10.00% |
| 2021-12-31 | CN¥3.69 Billion | +91.98% |
| 2020-12-31 | CN¥1.92 Billion | +2.15% |
| 2019-12-31 | CN¥1.88 Billion | +0.62% |
| 2018-12-31 | CN¥1.87 Billion | -0.27% |
| 2017-12-31 | CN¥1.88 Billion | +2.51% |
| 2016-12-31 | CN¥1.83 Billion | +4.67% |
| 2015-12-31 | CN¥1.75 Billion | +1.39% |
| 2014-12-31 | CN¥1.72 Billion | +1.98% |
| 2013-12-31 | CN¥1.69 Billion | -24.78% |
| 2012-12-31 | CN¥2.25 Billion | -2.83% |
| 2011-12-31 | CN¥2.31 Billion | +1.57% |
| 2010-12-31 | CN¥2.28 Billion | +6.26% |
| 2009-12-31 | CN¥2.14 Billion | +12.26% |
| 2008-12-31 | CN¥1.91 Billion | +7.95% |
| 2007-12-31 | CN¥1.77 Billion | +10.44% |
| 2006-12-31 | CN¥1.60 Billion | -0.70% |
| 2005-12-31 | CN¥1.61 Billion | +2.73% |
| 2004-12-31 | CN¥1.57 Billion | +1.67% |
| 2003-12-31 | CN¥1.54 Billion | +6.27% |
| 2002-12-31 | CN¥1.45 Billion | +1.71% |
| 2001-12-31 | CN¥1.43 Billion | +29.85% |
| 2000-12-31 | CN¥1.10 Billion | +3.22% |
| 1999-12-31 | CN¥1.07 Billion | +0.77% |
| 1998-12-31 | CN¥1.06 Billion | +289.85% |
| 1997-12-31 | CN¥271.43 Million | +0.00% |
| 1996-12-31 | CN¥271.43 Million | 0.00% |
| 1995-12-31 | CN¥271.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harbin Dongan Auto Engine 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 99024074500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥990.24 Million | 38.88% |
| Common Stock | CN¥470.92 Million | 18.49% |
| Other Comprehensive Income | CN¥284.17 Million | 11.16% |
| Other Components | CN¥801.28 Million | 31.46% |
| Total Equity | CN¥2.55 Billion | 100.00% |
Harbin Dongan Auto Engine Co Ltd Competitors by Market Cap
The table below lists competitors of Harbin Dongan Auto Engine Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Future Corporation
MU:FSX
|
$363.16 Million |
|
Kunshan Asia Aroma Corp. Ltd.
SHE:301220
|
$363.36 Million |
|
Card Factory plc
PINK:CRFCF
|
$363.36 Million |
|
Sung Kwang Bend Co.Ltd
KQ:014620
|
$363.40 Million |
|
Polisan Holding AS
IS:POLHO
|
$362.97 Million |
|
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
|
$362.93 Million |
|
Jensen-Group NV
BR:JEN
|
$362.87 Million |
|
Southern Cross Electrical Engineering Ltd
AU:SXE
|
$362.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harbin Dongan Auto Engine Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,528,654,111 to 2,546,612,452, a change of 17,958,341 (0.7%).
- Net income of 5,733,464 contributed positively to equity growth.
- Dividend payments of 13,500,074 reduced retained earnings.
- Other comprehensive income increased equity by 264,645,697.
- Other factors decreased equity by 238,920,746.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥5.73 Million | +0.23% |
| Dividends Paid | CN¥13.50 Million | -0.53% |
| Other Comprehensive Income | CN¥264.65 Million | +10.39% |
| Other Changes | CN¥-238.92 Million | -9.38% |
| Total Change | CN¥- | 0.71% |
Book Value vs Market Value Analysis
This analysis compares Harbin Dongan Auto Engine 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: 2.12x
- 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 19.91x to 2.12x 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¥0.59 | CN¥11.70 | x |
| 1996-12-31 | CN¥0.59 | CN¥11.70 | x |
| 1997-12-31 | CN¥0.59 | CN¥11.70 | x |
| 1998-12-31 | CN¥2.29 | CN¥11.70 | x |
| 1999-12-31 | CN¥2.31 | CN¥11.70 | x |
| 2000-12-31 | CN¥2.38 | CN¥11.70 | x |
| 2001-12-31 | CN¥3.09 | CN¥11.70 | x |
| 2002-12-31 | CN¥3.15 | CN¥11.70 | x |
| 2003-12-31 | CN¥3.34 | CN¥11.70 | x |
| 2004-12-31 | CN¥3.40 | CN¥11.70 | x |
| 2005-12-31 | CN¥3.49 | CN¥11.70 | x |
| 2006-12-31 | CN¥3.47 | CN¥11.70 | x |
| 2007-12-31 | CN¥3.83 | CN¥11.70 | x |
| 2008-12-31 | CN¥4.13 | CN¥11.70 | x |
| 2009-12-31 | CN¥4.64 | CN¥11.70 | x |
| 2010-12-31 | CN¥4.93 | CN¥11.70 | x |
| 2011-12-31 | CN¥5.01 | CN¥11.70 | x |
| 2012-12-31 | CN¥4.87 | CN¥11.70 | x |
| 2013-12-31 | CN¥3.66 | CN¥11.70 | x |
| 2014-12-31 | CN¥3.73 | CN¥11.70 | x |
| 2015-12-31 | CN¥3.78 | CN¥11.70 | x |
| 2016-12-31 | CN¥3.96 | CN¥11.70 | x |
| 2017-12-31 | CN¥3.95 | CN¥11.70 | x |
| 2018-12-31 | CN¥4.07 | CN¥11.70 | x |
| 2019-12-31 | CN¥4.08 | CN¥11.70 | x |
| 2020-12-31 | CN¥4.16 | CN¥11.70 | x |
| 2021-12-31 | CN¥5.29 | CN¥11.70 | x |
| 2022-12-31 | CN¥5.49 | CN¥11.70 | x |
| 2023-12-31 | CN¥5.30 | CN¥11.70 | x |
| 2024-12-31 | CN¥5.52 | CN¥11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harbin Dongan Auto Engine 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): 0.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.12%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.84x
- Recent ROE (0.23%) is below the historical average (6.31%), 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 | 27.15% | 7.03% | 1.32x | 2.92x | CN¥46.54 Million |
| 1996 | 35.76% | 8.39% | 1.21x | 3.53x | CN¥69.92 Million |
| 1997 | 38.95% | 9.39% | 1.22x | 3.40x | CN¥78.57 Million |
| 1998 | 13.17% | 11.15% | 0.83x | 1.42x | CN¥33.59 Million |
| 1999 | 12.28% | 10.60% | 0.77x | 1.50x | CN¥24.36 Million |
| 2000 | 12.71% | 9.00% | 0.91x | 1.56x | CN¥29.88 Million |
| 2001 | 6.37% | 4.91% | 0.87x | 1.48x | CN¥-51.93 Million |
| 2002 | 8.04% | 5.33% | 0.97x | 1.56x | CN¥-28.54 Million |
| 2003 | 5.90% | 3.15% | 1.14x | 1.64x | CN¥-63.38 Million |
| 2004 | 6.05% | 3.78% | 1.12x | 1.43x | CN¥-61.97 Million |
| 2005 | 5.24% | 3.75% | 0.82x | 1.71x | CN¥-76.77 Million |
| 2006 | 2.30% | 1.72% | 0.68x | 1.96x | CN¥-123.38 Million |
| 2007 | 8.52% | 8.13% | 0.56x | 1.86x | CN¥-26.21 Million |
| 2008 | 8.39% | 9.13% | 0.52x | 1.77x | CN¥-30.79 Million |
| 2009 | 10.92% | 10.86% | 0.54x | 1.85x | CN¥19.70 Million |
| 2010 | 5.89% | 5.75% | 0.64x | 1.61x | CN¥-93.59 Million |
| 2011 | 1.46% | 2.22% | 0.42x | 1.56x | CN¥-197.57 Million |
| 2012 | -2.91% | -5.26% | 0.34x | 1.61x | CN¥-290.26 Million |
| 2013 | -32.94% | -65.12% | 0.30x | 1.71x | CN¥-726.24 Million |
| 2014 | 1.88% | 4.36% | 0.26x | 1.66x | CN¥-140.06 Million |
| 2015 | 1.34% | 1.86% | 0.37x | 1.96x | CN¥-151.45 Million |
| 2016 | 4.29% | 3.09% | 0.58x | 2.38x | CN¥-104.50 Million |
| 2017 | 2.28% | 2.36% | 0.48x | 2.03x | CN¥-144.91 Million |
| 2018 | 0.30% | 0.43% | 0.37x | 1.85x | CN¥-181.57 Million |
| 2019 | -1.02% | -0.99% | 0.49x | 2.11x | CN¥-207.56 Million |
| 2020 | -1.43% | -0.81% | 0.67x | 2.64x | CN¥-219.88 Million |
| 2021 | 3.71% | 1.38% | 0.76x | 3.57x | CN¥-153.72 Million |
| 2022 | 4.27% | 1.88% | 0.77x | 2.96x | CN¥-145.24 Million |
| 2023 | 0.16% | 0.08% | 0.67x | 3.18x | CN¥-248.81 Million |
| 2024 | 0.23% | 0.12% | 0.64x | 2.84x | CN¥-248.93 Million |
Industry Comparison
This section compares Harbin Dongan Auto Engine 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 |
|---|---|---|---|---|
| Harbin Dongan Auto Engine Co Ltd (600178) | CN¥3.52 Billion | 27.15% | 1.20x | $363.00 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 |