Aeolus Tyre Co Ltd (600469) - Net Assets
Based on the latest financial reports, Aeolus Tyre Co Ltd (600469) has net assets worth CN¥3.52 Billion CNY (≈ $515.64 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¥7.84 Billion ≈ $1.15 Billion USD) and total liabilities (CN¥4.32 Billion ≈ $632.12 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. Read debt load of Aeolus Tyre Co Ltd for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.52 Billion |
| % of Total Assets | 44.93% |
| Annual Growth Rate | 10.62% |
| 5-Year Change | 13.59% |
| 10-Year Change | 10.61% |
| Growth Volatility | 25.37 |
Aeolus Tyre Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Aeolus Tyre Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Aeolus Tyre Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Aeolus Tyre Co Ltd (2000–2024)
The table below shows the annual net assets of Aeolus Tyre Co Ltd from 2000 to 2024. For live valuation and market cap data, see how much is Aeolus Tyre Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.28 Billion ≈ $480.56 Million |
+1.23% |
| 2023-12-31 | CN¥3.24 Billion ≈ $474.74 Million |
+10.34% |
| 2022-12-31 | CN¥2.94 Billion ≈ $430.24 Million |
+9.32% |
| 2021-12-31 | CN¥2.69 Billion ≈ $393.56 Million |
-6.98% |
| 2020-12-31 | CN¥2.89 Billion ≈ $423.08 Million |
+37.89% |
| 2019-12-31 | CN¥2.10 Billion ≈ $306.82 Million |
+3.93% |
| 2018-12-31 | CN¥2.02 Billion ≈ $295.21 Million |
+5.13% |
| 2017-12-31 | CN¥1.92 Billion ≈ $280.82 Million |
-21.71% |
| 2016-12-31 | CN¥2.45 Billion ≈ $358.70 Million |
-17.44% |
| 2015-12-31 | CN¥2.97 Billion ≈ $434.47 Million |
+6.21% |
| 2014-12-31 | CN¥2.80 Billion ≈ $409.05 Million |
+13.07% |
| 2013-12-31 | CN¥2.47 Billion ≈ $361.77 Million |
+10.58% |
| 2012-12-31 | CN¥2.24 Billion ≈ $327.16 Million |
+10.03% |
| 2011-12-31 | CN¥2.03 Billion ≈ $297.34 Million |
+12.22% |
| 2010-12-31 | CN¥1.81 Billion ≈ $264.95 Million |
+8.05% |
| 2009-12-31 | CN¥1.68 Billion ≈ $245.21 Million |
+19.72% |
| 2008-12-31 | CN¥1.40 Billion ≈ $204.81 Million |
+52.16% |
| 2007-12-31 | CN¥919.84 Million ≈ $134.60 Million |
+14.88% |
| 2006-12-31 | CN¥800.69 Million ≈ $117.17 Million |
-2.16% |
| 2005-12-31 | CN¥818.35 Million ≈ $119.75 Million |
+16.82% |
| 2004-12-31 | CN¥700.55 Million ≈ $102.51 Million |
+0.01% |
| 2003-12-31 | CN¥700.49 Million ≈ $102.50 Million |
+111.65% |
| 2002-12-31 | CN¥330.97 Million ≈ $48.43 Million |
+13.87% |
| 2001-12-31 | CN¥290.64 Million ≈ $42.53 Million |
-0.33% |
| 2000-12-31 | CN¥291.61 Million ≈ $42.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aeolus Tyre 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 decreased by 1964.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥729.45 Million | 22.21% |
| Other Comprehensive Income | CN¥459.26 Million | 13.98% |
| Other Components | CN¥2.29 Billion | 69.86% |
| Total Equity | CN¥3.28 Billion | 100.00% |
Aeolus Tyre Co Ltd Competitors by Market Cap
The table below lists competitors of Aeolus Tyre Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hwang Chang General Contractor Co Ltd
TW:2543
|
$707.82 Million |
|
Argus Shanghai Textile Chemicals Co Ltd
SHG:603790
|
$707.89 Million |
|
NioCorp Developments Ltd. Common Stock
NASDAQ:NB
|
$707.93 Million |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D
IS:KRDMD
|
$708.09 Million |
|
Caregen Co.Ltd
KQ:214370
|
$707.65 Million |
|
Lexicon Pharmaceuticals Inc
NASDAQ:LXRX
|
$707.55 Million |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
$707.54 Million |
|
Minami Acoustics Ltd. A
SHE:301383
|
$707.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aeolus Tyre Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,244,298,044 to 3,284,067,261, a change of 39,769,217 (1.2%).
- Net income of 280,943,347 contributed positively to equity growth.
- Dividend payments of 241,386,057 reduced retained earnings.
- Other comprehensive income decreased equity by 12,884,645.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥280.94 Million | +8.55% |
| Dividends Paid | CN¥241.39 Million | -7.35% |
| Other Comprehensive Income | CN¥-12.88 Million | -0.39% |
| Other Changes | CN¥13.10 Million | +0.4% |
| Total Change | CN¥- | 1.23% |
Book Value vs Market Value Analysis
This analysis compares Aeolus Tyre 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: 1.47x
- 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 8.90x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.74 | CN¥6.63 | x |
| 2001-12-31 | CN¥0.74 | CN¥6.63 | x |
| 2002-12-31 | CN¥0.85 | CN¥6.63 | x |
| 2003-12-31 | CN¥1.79 | CN¥6.63 | x |
| 2004-12-31 | CN¥1.79 | CN¥6.63 | x |
| 2005-12-31 | CN¥2.09 | CN¥6.63 | x |
| 2006-12-31 | CN¥2.15 | CN¥6.63 | x |
| 2007-12-31 | CN¥2.42 | CN¥6.63 | x |
| 2008-12-31 | CN¥3.69 | CN¥6.63 | x |
| 2009-12-31 | CN¥2.98 | CN¥6.63 | x |
| 2010-12-31 | CN¥3.22 | CN¥6.63 | x |
| 2011-12-31 | CN¥3.55 | CN¥6.63 | x |
| 2012-12-31 | CN¥3.95 | CN¥6.63 | x |
| 2013-12-31 | CN¥4.42 | CN¥6.63 | x |
| 2014-12-31 | CN¥4.94 | CN¥6.63 | x |
| 2015-12-31 | CN¥5.37 | CN¥6.63 | x |
| 2016-12-31 | CN¥4.35 | CN¥6.63 | x |
| 2017-12-31 | CN¥3.43 | CN¥6.63 | x |
| 2018-12-31 | CN¥3.31 | CN¥6.63 | x |
| 2019-12-31 | CN¥3.76 | CN¥6.63 | x |
| 2020-12-31 | CN¥5.03 | CN¥6.63 | x |
| 2021-12-31 | CN¥3.70 | CN¥6.63 | x |
| 2022-12-31 | CN¥4.03 | CN¥6.63 | x |
| 2023-12-31 | CN¥4.46 | CN¥6.63 | x |
| 2024-12-31 | CN¥4.50 | CN¥6.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aeolus Tyre 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): 8.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.23x
- Recent ROE (8.55%) is above the historical average (6.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.71% | 1.40% | 0.88x | 3.02x | CN¥-18.34 Million |
| 2001 | 12.67% | 3.47% | 1.11x | 3.28x | CN¥7.77 Million |
| 2002 | 11.71% | 2.85% | 1.35x | 3.05x | CN¥5.66 Million |
| 2003 | 9.09% | 3.02% | 1.17x | 2.58x | CN¥-6.34 Million |
| 2004 | 10.94% | 2.74% | 1.27x | 3.15x | CN¥6.59 Million |
| 2005 | 14.08% | 3.11% | 1.36x | 3.32x | CN¥33.35 Million |
| 2006 | 1.54% | 0.25% | 1.61x | 3.88x | CN¥-67.77 Million |
| 2007 | 11.55% | 1.77% | 1.79x | 3.65x | CN¥14.27 Million |
| 2008 | -6.94% | -1.59% | 1.24x | 3.53x | CN¥-237.10 Million |
| 2009 | 18.50% | 5.51% | 1.03x | 3.26x | CN¥142.48 Million |
| 2010 | 8.43% | 1.88% | 1.26x | 3.57x | CN¥-28.43 Million |
| 2011 | 11.72% | 2.29% | 1.46x | 3.50x | CN¥34.41 Million |
| 2012 | 12.22% | 3.03% | 1.30x | 3.12x | CN¥49.61 Million |
| 2013 | 12.66% | 3.67% | 1.18x | 2.92x | CN¥65.84 Million |
| 2014 | 11.87% | 4.06% | 1.17x | 2.50x | CN¥52.26 Million |
| 2015 | 8.33% | 3.89% | 0.93x | 2.31x | CN¥-49.67 Million |
| 2016 | 3.45% | 1.15% | 0.95x | 3.15x | CN¥-160.58 Million |
| 2017 | -24.75% | -6.50% | 0.99x | 3.85x | CN¥-666.90 Million |
| 2018 | 0.91% | 0.29% | 0.87x | 3.56x | CN¥-183.47 Million |
| 2019 | 9.84% | 3.49% | 0.82x | 3.45x | CN¥-3.45 Million |
| 2020 | 6.96% | 3.60% | 0.74x | 2.59x | CN¥-88.04 Million |
| 2021 | -4.05% | -1.96% | 0.74x | 2.79x | CN¥-377.98 Million |
| 2022 | 2.87% | 1.69% | 0.69x | 2.46x | CN¥-209.49 Million |
| 2023 | 10.75% | 6.08% | 0.80x | 2.22x | CN¥24.43 Million |
| 2024 | 8.55% | 4.19% | 0.92x | 2.23x | CN¥-47.46 Million |
Industry Comparison
This section compares Aeolus Tyre Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,591,014,487
- Average return on equity (ROE) among peers: 4.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aeolus Tyre Co Ltd (600469) | CN¥3.52 Billion | 3.71% | 1.23x | $707.70 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-981.31 Million | 0.00% | 0.00x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $8.58 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.12 Billion | 6.84% | 0.38x | $2.32 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.20 Billion | 7.26% | 1.93x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $1.73 Billion | -20.59% | 4.27x | $707.54 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $204.20 Million | 1.54% | 0.67x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.29 Billion | 0.90% | 1.00x | $907.28 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $255.64 Million | 10.42% | 0.21x | $1.95 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $341.13 Million | 10.15% | 0.30x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $6.63 Billion | 13.60% | 0.79x | $3.58 Billion |
About Aeolus Tyre Co Ltd
Aeolus Tyre Co., Ltd. manufactures and sells industrial tires for trucks, buses, and construction machinery vehicles in China and internationally. It operates through Fengshen, Fengli, Henan, and other brand names. Aeolus Tyre Co., Ltd. was founded in 1965 and is headquartered in Jiaozuo, China.