Harbin Dongan Auto Engine Co Ltd (600178) - Net Assets
Based on the latest financial reports, Harbin Dongan Auto Engine Co Ltd (600178) has net assets worth CN¥3.52 Billion CNY (≈ $514.77 Million 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¥7.73 Billion ≈ $1.13 Billion USD) and total liabilities (CN¥4.21 Billion ≈ $616.23 Million 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 financial resilience of Harbin Dongan Auto Engine Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Harbin Dongan Auto Engine Co Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Harbin Dongan Auto Engine Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.51 Billion ≈ $514.26 Million |
+0.58% |
| 2023-12-31 | CN¥3.49 Billion ≈ $511.32 Million |
+5.14% |
| 2022-12-31 | CN¥3.32 Billion ≈ $486.31 Million |
-10.00% |
| 2021-12-31 | CN¥3.69 Billion ≈ $540.37 Million |
+91.98% |
| 2020-12-31 | CN¥1.92 Billion ≈ $281.47 Million |
+2.15% |
| 2019-12-31 | CN¥1.88 Billion ≈ $275.55 Million |
+0.62% |
| 2018-12-31 | CN¥1.87 Billion ≈ $273.85 Million |
-0.27% |
| 2017-12-31 | CN¥1.88 Billion ≈ $274.58 Million |
+2.51% |
| 2016-12-31 | CN¥1.83 Billion ≈ $267.86 Million |
+4.67% |
| 2015-12-31 | CN¥1.75 Billion ≈ $255.91 Million |
+1.39% |
| 2014-12-31 | CN¥1.72 Billion ≈ $252.41 Million |
+1.98% |
| 2013-12-31 | CN¥1.69 Billion ≈ $247.51 Million |
-24.78% |
| 2012-12-31 | CN¥2.25 Billion ≈ $329.03 Million |
-2.83% |
| 2011-12-31 | CN¥2.31 Billion ≈ $338.61 Million |
+1.57% |
| 2010-12-31 | CN¥2.28 Billion ≈ $333.36 Million |
+6.26% |
| 2009-12-31 | CN¥2.14 Billion ≈ $313.72 Million |
+12.26% |
| 2008-12-31 | CN¥1.91 Billion ≈ $279.47 Million |
+7.95% |
| 2007-12-31 | CN¥1.77 Billion ≈ $258.88 Million |
+10.44% |
| 2006-12-31 | CN¥1.60 Billion ≈ $234.42 Million |
-0.70% |
| 2005-12-31 | CN¥1.61 Billion ≈ $236.06 Million |
+2.73% |
| 2004-12-31 | CN¥1.57 Billion ≈ $229.79 Million |
+1.67% |
| 2003-12-31 | CN¥1.54 Billion ≈ $226.02 Million |
+6.27% |
| 2002-12-31 | CN¥1.45 Billion ≈ $212.70 Million |
+1.71% |
| 2001-12-31 | CN¥1.43 Billion ≈ $209.13 Million |
+29.85% |
| 2000-12-31 | CN¥1.10 Billion ≈ $161.05 Million |
+3.22% |
| 1999-12-31 | CN¥1.07 Billion ≈ $156.03 Million |
+0.77% |
| 1998-12-31 | CN¥1.06 Billion ≈ $154.84 Million |
+289.85% |
| 1997-12-31 | CN¥271.43 Million ≈ $39.72 Million |
+0.00% |
| 1996-12-31 | CN¥271.43 Million ≈ $39.72 Million |
0.00% |
| 1995-12-31 | CN¥271.43 Million ≈ $39.72 Million |
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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 |
|---|---|
|
Hextar Global Bhd
KLSE:5151
|
$721.52 Million |
|
Ceepower Co Ltd
SHE:300062
|
$721.77 Million |
|
Konka Group Co Ltd
SHE:000016
|
$721.92 Million |
|
CFM Indosuez Wealth SA
PA:MLCFM
|
$721.98 Million |
|
Guangzhou Haoyang Electronic Co Ltd
SHE:300833
|
$721.50 Million |
|
Catapult Group International Ltd
AU:CAT
|
$721.42 Million |
|
Max Estates Limited
NSE:MAXESTATES
|
$721.29 Million |
|
Seneca Foods Corp A
NASDAQ:SENEA
|
$720.90 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 5,733,469 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 238,920,751.
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: 1.97x
- 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 17.99x to 1.97x 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¥10.57 | x |
| 1996-12-31 | CN¥0.59 | CN¥10.57 | x |
| 1997-12-31 | CN¥0.59 | CN¥10.57 | x |
| 1998-12-31 | CN¥2.29 | CN¥10.57 | x |
| 1999-12-31 | CN¥2.31 | CN¥10.57 | x |
| 2000-12-31 | CN¥2.38 | CN¥10.57 | x |
| 2001-12-31 | CN¥3.09 | CN¥10.57 | x |
| 2002-12-31 | CN¥3.15 | CN¥10.57 | x |
| 2003-12-31 | CN¥3.34 | CN¥10.57 | x |
| 2004-12-31 | CN¥3.40 | CN¥10.57 | x |
| 2005-12-31 | CN¥3.49 | CN¥10.57 | x |
| 2006-12-31 | CN¥3.47 | CN¥10.57 | x |
| 2007-12-31 | CN¥3.83 | CN¥10.57 | x |
| 2008-12-31 | CN¥4.13 | CN¥10.57 | x |
| 2009-12-31 | CN¥4.64 | CN¥10.57 | x |
| 2010-12-31 | CN¥4.93 | CN¥10.57 | x |
| 2011-12-31 | CN¥5.01 | CN¥10.57 | x |
| 2012-12-31 | CN¥4.87 | CN¥10.57 | x |
| 2013-12-31 | CN¥3.66 | CN¥10.57 | x |
| 2014-12-31 | CN¥3.73 | CN¥10.57 | x |
| 2015-12-31 | CN¥3.78 | CN¥10.57 | x |
| 2016-12-31 | CN¥3.96 | CN¥10.57 | x |
| 2017-12-31 | CN¥4.06 | CN¥10.57 | x |
| 2018-12-31 | CN¥4.07 | CN¥10.57 | x |
| 2019-12-31 | CN¥4.08 | CN¥10.57 | x |
| 2020-12-31 | CN¥4.16 | CN¥10.57 | x |
| 2021-12-31 | CN¥5.29 | CN¥10.57 | x |
| 2022-12-31 | CN¥5.37 | CN¥10.57 | x |
| 2023-12-31 | CN¥5.30 | CN¥10.57 | x |
| 2024-12-31 | CN¥5.37 | CN¥10.57 | 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 (6.49%), 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 | 0.56% | 0.55% | 0.49x | 2.11x | CN¥-177.72 Million |
| 2020 | 2.30% | 0.82% | 1.06x | 2.64x | CN¥-148.08 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: $2,241,212,649
- Average return on equity (ROE) among peers: 3.92%
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 | $721.51 Million |
| FAWER Automotive Parts Ltd Co (000030) | $4.25 Billion | 12.78% | 0.67x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $8.58 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $10.00 Billion | 11.08% | 0.31x | $2.32 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $810.12 Million | -9.29% | 1.97x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $707.54 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $176.30 Million | 2.76% | 1.99x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.29% | 0.96x | $907.28 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.95 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $572.87 Million | 4.59% | 0.74x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-57.93 Million | 0.00% | 0.00x | $3.58 Billion |
About 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