HUAYU Automotive Systems Co Ltd

SHG:600741 China Auto Parts
Market Cap
$8.15 Billion
CN¥59.78 Billion CNY
Market Cap Rank
#3652 Global
#315 in China
Share Price
CN¥18.96
Change (1 day)
+0.11%
52-Week Range
CN¥16.32 - CN¥21.28
All Time High
CN¥31.15
About

HUAYU Automotive Systems Company Limited researches and develops, manufactures, and sells automotive parts worldwide. The company offers advanced driving assist systems and autonomous driving systems; intelligent vision perception system solutions; Smart Cabins; e-drive solutions; thermal and battery management systems; chassis systems, such as suspension, steering, braking, and transmission syst… Read more

HUAYU Automotive Systems Co Ltd (600741) - Net Assets

Latest net assets as of September 2025: CN¥68.56 Billion CNY

Based on the latest financial reports, HUAYU Automotive Systems Co Ltd (600741) has net assets worth CN¥68.56 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¥198.24 Billion) and total liabilities (CN¥129.68 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¥68.56 Billion
% of Total Assets 34.59%
Annual Growth Rate 27.47%
5-Year Change 13.63%
10-Year Change 96.62%
Growth Volatility 97.3

HUAYU Automotive Systems Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how HUAYU Automotive Systems 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 HUAYU Automotive Systems Co Ltd (1993–2024)

The table below shows the annual net assets of HUAYU Automotive Systems Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥66.12 Billion +7.37%
2023-12-31 CN¥61.58 Billion +7.93%
2022-12-31 CN¥57.05 Billion +6.30%
2021-12-31 CN¥53.67 Billion -7.76%
2020-12-31 CN¥58.19 Billion -0.87%
2019-12-31 CN¥58.70 Billion +7.46%
2018-12-31 CN¥54.63 Billion +9.40%
2017-12-31 CN¥49.93 Billion +8.92%
2016-12-31 CN¥45.84 Billion +36.33%
2015-12-31 CN¥33.63 Billion +17.92%
2014-12-31 CN¥28.52 Billion +22.12%
2013-12-31 CN¥23.35 Billion -12.23%
2012-12-31 CN¥26.61 Billion +15.27%
2011-12-31 CN¥23.08 Billion +19.24%
2010-12-31 CN¥19.36 Billion +26.50%
2009-12-31 CN¥15.30 Billion +326.03%
2008-12-31 CN¥3.59 Billion -30.66%
2007-12-31 CN¥5.18 Billion +86.40%
2006-12-31 CN¥2.78 Billion +9.40%
2005-12-31 CN¥2.54 Billion +6.16%
2004-12-31 CN¥2.39 Billion +8.77%
2003-12-31 CN¥2.20 Billion +7.55%
2002-12-31 CN¥2.05 Billion +17.84%
2001-12-31 CN¥1.74 Billion +4.24%
2000-12-31 CN¥1.67 Billion +47.53%
1999-12-31 CN¥1.13 Billion +18.02%
1998-12-31 CN¥956.38 Million +175.69%
1997-12-31 CN¥346.90 Million +74.42%
1996-12-31 CN¥198.89 Million +441.31%
1995-12-31 CN¥36.74 Million -3.26%
1994-12-31 CN¥37.98 Million +6.52%
1993-12-31 CN¥35.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to HUAYU Automotive Systems 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 4006853700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥40.07 Billion 64.58%
Common Stock CN¥3.15 Billion 5.08%
Other Comprehensive Income CN¥7.56 Billion 12.19%
Other Components CN¥11.26 Billion 18.15%
Total Equity CN¥62.04 Billion 100.00%

HUAYU Automotive Systems Co Ltd Competitors by Market Cap

The table below lists competitors of HUAYU Automotive Systems Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in HUAYU Automotive Systems Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 57,767,585,505 to 62,044,187,000, a change of 4,276,601,495 (7.4%).
  • Net income of 6,690,703,000 contributed positively to equity growth.
  • Dividend payments of 2,940,611,000 reduced retained earnings.
  • Other comprehensive income increased equity by 594,879,974.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥6.69 Billion +10.78%
Dividends Paid CN¥2.94 Billion -4.74%
Other Comprehensive Income CN¥594.88 Million +0.96%
Other Changes CN¥-68.37 Million -0.11%
Total Change CN¥- 7.40%

Book Value vs Market Value Analysis

This analysis compares HUAYU Automotive Systems 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: 0.96x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 598.06x to 0.96x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.03 CN¥18.96 x
1994-12-31 CN¥0.03 CN¥18.96 x
1995-12-31 CN¥0.03 CN¥18.96 x
1996-12-31 CN¥0.17 CN¥18.96 x
1997-12-31 CN¥0.20 CN¥18.96 x
1998-12-31 CN¥0.66 CN¥18.96 x
1999-12-31 CN¥0.77 CN¥18.96 x
2000-12-31 CN¥1.18 CN¥18.96 x
2001-12-31 CN¥1.27 CN¥18.96 x
2002-12-31 CN¥1.36 CN¥18.96 x
2003-12-31 CN¥1.44 CN¥18.96 x
2004-12-31 CN¥1.55 CN¥18.96 x
2005-12-31 CN¥1.61 CN¥18.96 x
2006-12-31 CN¥1.76 CN¥18.96 x
2007-12-31 CN¥3.46 CN¥18.96 x
2008-12-31 CN¥1.77 CN¥18.96 x
2009-12-31 CN¥5.93 CN¥18.96 x
2010-12-31 CN¥5.62 CN¥18.96 x
2011-12-31 CN¥6.43 CN¥18.96 x
2012-12-31 CN¥7.45 CN¥18.96 x
2013-12-31 CN¥7.21 CN¥18.96 x
2014-12-31 CN¥9.14 CN¥18.96 x
2015-12-31 CN¥10.56 CN¥18.96 x
2016-12-31 CN¥12.08 CN¥18.96 x
2017-12-31 CN¥13.10 CN¥18.96 x
2018-12-31 CN¥14.39 CN¥18.96 x
2019-12-31 CN¥15.68 CN¥18.96 x
2020-12-31 CN¥16.66 CN¥18.96 x
2021-12-31 CN¥15.71 CN¥18.96 x
2022-12-31 CN¥16.80 CN¥18.96 x
2023-12-31 CN¥18.32 CN¥18.96 x
2024-12-31 CN¥19.68 CN¥18.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently HUAYU Automotive Systems 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): 10.78%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.96%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 2.98x
  • Recent ROE (10.78%) is below the historical average (13.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 14.45% 12.05% 0.80x 1.50x CN¥1.59 Million
1994 17.97% 9.37% 1.13x 1.70x CN¥3.03 Million
1995 25.48% 9.28% 1.14x 2.41x CN¥5.69 Million
1996 16.37% 13.04% 0.47x 2.68x CN¥12.40 Million
1997 21.84% 10.33% 0.44x 4.78x CN¥26.06 Million
1998 13.78% 10.71% 0.48x 2.71x CN¥28.06 Million
1999 15.95% 8.32% 0.60x 3.21x CN¥51.57 Million
2000 12.25% 7.35% 0.54x 3.08x CN¥29.72 Million
2001 12.04% 7.31% 0.54x 3.06x CN¥29.09 Million
2002 11.53% 6.00% 0.66x 2.92x CN¥23.48 Million
2003 5.11% 2.62% 0.57x 3.41x CN¥-79.09 Million
2004 9.20% 4.37% 0.67x 3.16x CN¥-13.93 Million
2005 7.34% 3.39% 0.63x 3.45x CN¥-48.03 Million
2006 8.61% 3.87% 0.63x 3.53x CN¥-27.36 Million
2007 6.06% 4.60% 0.53x 2.49x CN¥-165.07 Million
2008 -1.29% -0.67% 0.61x 3.20x CN¥-315.68 Million
2009 12.34% 6.21% 0.90x 2.22x CN¥290.33 Million
2010 17.32% 5.70% 1.23x 2.47x CN¥1.06 Billion
2011 18.05% 5.72% 1.24x 2.55x CN¥1.33 Billion
2012 16.11% 5.36% 1.20x 2.50x CN¥1.18 Billion
2013 18.51% 4.94% 1.29x 2.91x CN¥1.59 Billion
2014 18.87% 6.02% 1.17x 2.68x CN¥2.09 Billion
2015 19.19% 4.96% 1.34x 2.88x CN¥2.51 Billion
2016 15.95% 4.89% 1.16x 2.82x CN¥2.27 Billion
2017 15.88% 4.67% 1.14x 2.99x CN¥2.43 Billion
2018 17.69% 5.11% 1.18x 2.95x CN¥3.49 Billion
2019 13.08% 4.49% 1.04x 2.82x CN¥1.52 Billion
2020 10.28% 4.05% 0.89x 2.86x CN¥149.39 Million
2021 13.06% 4.62% 0.91x 3.11x CN¥1.51 Billion
2022 13.60% 4.55% 0.97x 3.07x CN¥1.91 Billion
2023 12.49% 4.28% 0.96x 3.05x CN¥1.44 Billion
2024 10.78% 3.96% 0.91x 2.98x CN¥486.28 Million

Industry Comparison

This section compares HUAYU Automotive Systems 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
HUAYU Automotive Systems Co Ltd (600741) CN¥68.56 Billion 14.45% 1.89x $3.40 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