Aerosun Corp (600501) - Net Assets

Latest as of September 2025: CN¥1.93 Billion CNY ≈ $281.78 Million USD

Based on the latest financial reports, Aerosun Corp (600501) has net assets worth CN¥1.93 Billion CNY (≈ $281.78 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¥4.83 Billion ≈ $706.13 Million USD) and total liabilities (CN¥2.90 Billion ≈ $424.35 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 600501 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.93 Billion
% of Total Assets 39.9%
Annual Growth Rate 11.84%
5-Year Change -12.04%
10-Year Change -12.17%
Growth Volatility 36.69

Aerosun Corp - Net Assets Trend (1998–2024)

This chart illustrates how Aerosun Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Aerosun Corp's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Aerosun Corp (1998–2024)

The table below shows the annual net assets of Aerosun Corp from 1998 to 2024. For live valuation and market cap data, see Aerosun Corp market capitalisation.

Year Net Assets Change
2024-12-31 CN¥2.06 Billion
≈ $301.13 Million
-17.80%
2023-12-31 CN¥2.50 Billion
≈ $366.33 Million
+0.88%
2022-12-31 CN¥2.48 Billion
≈ $363.15 Million
+3.21%
2021-12-31 CN¥2.40 Billion
≈ $351.87 Million
+2.78%
2020-12-31 CN¥2.34 Billion
≈ $342.36 Million
+2.94%
2019-12-31 CN¥2.27 Billion
≈ $332.60 Million
+0.59%
2018-12-31 CN¥2.26 Billion
≈ $330.66 Million
-6.47%
2017-12-31 CN¥2.42 Billion
≈ $353.52 Million
+0.64%
2016-12-31 CN¥2.40 Billion
≈ $351.28 Million
+2.46%
2015-12-31 CN¥2.34 Billion
≈ $342.86 Million
+61.06%
2014-12-31 CN¥1.45 Billion
≈ $212.87 Million
+5.78%
2013-12-31 CN¥1.38 Billion
≈ $201.25 Million
+3.34%
2012-12-31 CN¥1.33 Billion
≈ $194.74 Million
+0.87%
2011-12-31 CN¥1.32 Billion
≈ $193.05 Million
+7.99%
2010-12-31 CN¥1.22 Billion
≈ $178.77 Million
+3.43%
2009-12-31 CN¥1.18 Billion
≈ $172.84 Million
+4.88%
2008-12-31 CN¥1.13 Billion
≈ $164.80 Million
-0.31%
2007-12-31 CN¥1.13 Billion
≈ $165.31 Million
+83.67%
2006-12-31 CN¥615.05 Million
≈ $90.00 Million
+4.13%
2005-12-31 CN¥590.65 Million
≈ $86.43 Million
+7.16%
2004-12-31 CN¥551.21 Million
≈ $80.66 Million
+7.02%
2003-12-31 CN¥515.08 Million
≈ $75.37 Million
+5.04%
2002-12-31 CN¥490.38 Million
≈ $71.76 Million
+2.65%
2001-12-31 CN¥477.70 Million
≈ $69.90 Million
+168.49%
2000-12-31 CN¥177.92 Million
≈ $26.04 Million
+16.67%
1999-12-31 CN¥152.50 Million
≈ $22.32 Million
+35.99%
1998-12-31 CN¥112.14 Million
≈ $16.41 Million
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Equity Component Analysis

This analysis shows how different components contribute to Aerosun Corp'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 6344806500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥431.21 Million 23.52%
Other Components CN¥1.47 Billion 79.94%
Total Equity CN¥1.83 Billion 100.00%

Aerosun Corp Competitors by Market Cap

The table below lists competitors of Aerosun Corp ranked by their market capitalization.

Company Market Cap
Henan Thinker Automation
SHG:603508
$1.49 Billion
Faraday Technology Corp
TW:3035
$1.49 Billion
Resilient Property Income Fund Ltd
JSE:RES
$1.49 Billion
Fila Holdings Corp
KO:081660
$1.49 Billion
Baosheng
SHG:600973
$1.49 Billion
Trisura Group Ltd
TO:TSU
$1.49 Billion
Collective Mining Ltd.
NYSE:CNL
$1.49 Billion
Molymet
SN:MOLYMET
$1.49 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,259,912,371 to 1,833,039,157, a change of -426,873,214 (-18.9%).
  • Net loss of 379,032,202 reduced equity.
  • Dividend payments of 30,844,771 reduced retained earnings.
  • Share repurchases of 3,039,411 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-379.03 Million -20.68%
Dividends Paid CN¥30.84 Million -1.68%
Share Repurchases CN¥3.04 Million -0.17%
Other Changes CN¥-13.96 Million -0.76%
Total Change CN¥- -18.89%

Book Value vs Market Value Analysis

This analysis compares Aerosun Corp'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: 5.72x
  • 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 91.04x to 5.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.26 CN¥23.79 x
1999-12-31 CN¥0.38 CN¥23.79 x
2000-12-31 CN¥0.44 CN¥23.79 x
2001-12-31 CN¥1.26 CN¥23.79 x
2002-12-31 CN¥1.27 CN¥23.79 x
2003-12-31 CN¥1.29 CN¥23.79 x
2004-12-31 CN¥1.39 CN¥23.79 x
2005-12-31 CN¥1.51 CN¥23.79 x
2006-12-31 CN¥1.57 CN¥23.79 x
2007-12-31 CN¥2.74 CN¥23.79 x
2008-12-31 CN¥2.51 CN¥23.79 x
2009-12-31 CN¥2.74 CN¥23.79 x
2010-12-31 CN¥2.75 CN¥23.79 x
2011-12-31 CN¥2.99 CN¥23.79 x
2012-12-31 CN¥2.86 CN¥23.79 x
2013-12-31 CN¥3.09 CN¥23.79 x
2014-12-31 CN¥3.23 CN¥23.79 x
2015-12-31 CN¥5.69 CN¥23.79 x
2016-12-31 CN¥4.52 CN¥23.79 x
2017-12-31 CN¥5.66 CN¥23.79 x
2018-12-31 CN¥4.84 CN¥23.79 x
2019-12-31 CN¥5.04 CN¥23.79 x
2020-12-31 CN¥5.05 CN¥23.79 x
2021-12-31 CN¥5.18 CN¥23.79 x
2022-12-31 CN¥5.34 CN¥23.79 x
2023-12-31 CN¥5.34 CN¥23.79 x
2024-12-31 CN¥4.16 CN¥23.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aerosun Corp 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): -20.68%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -15.66%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 2.81x
  • Recent ROE (-20.68%) is below the historical average (4.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 29.40% 9.33% 0.74x 4.23x CN¥18.13 Million
1999 14.20% 6.63% 0.75x 2.88x CN¥5.64 Million
2000 13.98% 6.16% 0.85x 2.68x CN¥6.31 Million
2001 7.34% 7.48% 0.56x 1.76x CN¥-11.97 Million
2002 7.24% 5.79% 0.61x 2.05x CN¥-12.52 Million
2003 1.78% 1.11% 0.70x 2.29x CN¥-37.98 Million
2004 7.02% 4.36% 0.54x 2.96x CN¥-14.81 Million
2005 9.83% 4.82% 0.66x 3.07x CN¥-945.26K
2006 10.60% 4.97% 0.62x 3.42x CN¥3.35 Million
2007 3.85% 2.74% 0.59x 2.38x CN¥-64.28 Million
2008 3.65% 1.96% 0.63x 2.96x CN¥-64.51 Million
2009 4.56% 2.16% 0.69x 3.05x CN¥-56.30 Million
2010 6.56% 2.66% 0.76x 3.25x CN¥-36.99 Million
2011 6.69% 2.21% 0.87x 3.48x CN¥-37.79 Million
2012 2.80% 0.81% 0.99x 3.51x CN¥-83.15 Million
2013 3.23% 1.01% 0.93x 3.42x CN¥-79.83 Million
2014 6.81% 2.35% 0.88x 3.28x CN¥-39.95 Million
2015 0.88% 0.59% 0.67x 2.21x CN¥-195.61 Million
2016 0.66% 0.46% 0.68x 2.14x CN¥-205.62 Million
2017 0.53% 0.44% 0.56x 2.14x CN¥-209.20 Million
2018 -8.06% -6.26% 0.58x 2.21x CN¥-369.20 Million
2019 1.65% 1.16% 0.63x 2.23x CN¥-177.19 Million
2020 2.09% 1.20% 0.71x 2.43x CN¥-168.34 Million
2021 3.05% 1.63% 0.69x 2.71x CN¥-151.68 Million
2022 3.37% 1.83% 0.66x 2.80x CN¥-149.24 Million
2023 3.18% 1.88% 0.67x 2.54x CN¥-154.05 Million
2024 -20.68% -15.66% 0.47x 2.81x CN¥-562.34 Million

Industry Comparison

This section compares Aerosun Corp's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,881,043,646
  • Average return on equity (ROE) among peers: 9.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Aerosun Corp (600501) CN¥1.93 Billion 29.40% 1.51x $1.49 Billion
FAWER Automotive Parts Ltd Co (000030) $149.16 Million 41.73% 4.63x $1.25 Billion
Wanxiang Qianchao Co Ltd (000559) $8.78 Billion 7.81% 0.91x $8.06 Billion
Weifu High-Technology Group Co Ltd (000581) $15.35 Billion 16.75% 0.32x $2.30 Billion
Gui Zhou Tyre Co Ltd (000589) $36.86 Million 0.00% 2.57x $1.14 Billion
Qingdao Doublestar Co Ltd (000599) $2.50 Billion 2.32% 1.02x $718.30 Million
Hengli Industrial Development Group Co Ltd (000622) $214.90 Million 5.52% 0.47x $9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678) $319.83 Million -26.00% 1.36x $793.62 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $436.87 Million 11.97% 0.48x $1.66 Billion
Sichuan Haowu Electromechanical Co Ltd (000757) $498.43 Million 3.21% 1.20x $381.97 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $515.59 Million 31.51% 1.08x $3.42 Billion

About Aerosun Corp

SHG:600501 China Auto Parts
Market Cap
$1.49 Billion
CN¥10.18 Billion CNY
Market Cap Rank
#7461 Global
#1801 in China
Share Price
CN¥23.79
Change (1 day)
+0.76%
52-Week Range
CN¥18.13 - CN¥38.54
All Time High
CN¥38.54
About

Aerosun Corporation manufactures and sells special vehicles in China and internationally. The company offers special vehicle products, such as refueling truck, and aircraft refueling truck; aerial work vehicle, power supply car, engineering rescue vehicle, refrigerated trucks, flammable liquid tank truck, sludge dump truck, telemetry products, inertial navigation products, and satellite communica… Read more