Changchun Faway Automobile Components Co Ltd

SHG:600742 China Auto Parts
Market Cap
$1.06 Billion
CN¥7.79 Billion CNY
Market Cap Rank
#9429 Global
#1935 in China
Share Price
CN¥10.48
Change (1 day)
-1.78%
52-Week Range
CN¥8.05 - CN¥11.03
All Time High
CN¥18.69
Categories
Companies in China Auto Parts
About

Changchun FAWAY Group Automobile Components Co., Ltd., together with its subsidiaries, engages in the design, manufacture and sales of automotive interior and exterior parts and components in China. the company offers seats, dashboards, door panels, bumpers, headlights, steel wheels, rearview mirrors, and stamping parts. It is also involved in automobile parts wholesale; automobile parts retail; … Read more

Changchun Faway Automobile Components Co Ltd (600742) - Net Assets

Latest net assets as of September 2025: CN¥10.22 Billion CNY

Based on the latest financial reports, Changchun Faway Automobile Components Co Ltd (600742) has net assets worth CN¥10.22 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¥23.27 Billion) and total liabilities (CN¥13.05 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¥10.22 Billion
% of Total Assets 43.93%
Annual Growth Rate 18.81%
5-Year Change 27.02%
10-Year Change 122.92%
Growth Volatility 38.87

Changchun Faway Automobile Components Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Changchun Faway Automobile Components 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 Changchun Faway Automobile Components Co Ltd (1993–2024)

The table below shows the annual net assets of Changchun Faway Automobile Components Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.05 Billion +3.44%
2023-12-31 CN¥9.71 Billion +3.59%
2022-12-31 CN¥9.38 Billion +11.77%
2021-12-31 CN¥8.39 Billion +6.06%
2020-12-31 CN¥7.91 Billion +15.78%
2019-12-31 CN¥6.83 Billion +23.74%
2018-12-31 CN¥5.52 Billion +6.81%
2017-12-31 CN¥5.17 Billion +5.48%
2016-12-31 CN¥4.90 Billion +8.73%
2015-12-31 CN¥4.51 Billion +6.57%
2014-12-31 CN¥4.23 Billion +14.76%
2013-12-31 CN¥3.69 Billion +9.96%
2012-12-31 CN¥3.35 Billion +14.31%
2011-12-31 CN¥2.93 Billion +15.44%
2010-12-31 CN¥2.54 Billion +52.19%
2009-12-31 CN¥1.67 Billion +25.63%
2008-12-31 CN¥1.33 Billion +16.64%
2007-12-31 CN¥1.14 Billion +1.10%
2006-12-31 CN¥1.13 Billion +0.94%
2005-12-31 CN¥1.12 Billion -9.60%
2004-12-31 CN¥1.23 Billion +1.07%
2003-12-31 CN¥1.22 Billion +4.81%
2002-12-31 CN¥1.17 Billion +11.29%
2001-12-31 CN¥1.05 Billion +8.24%
2000-12-31 CN¥967.47 Million +105.53%
1999-12-31 CN¥470.71 Million +13.19%
1998-12-31 CN¥415.87 Million +65.90%
1997-12-31 CN¥250.68 Million +15.27%
1996-12-31 CN¥217.48 Million +199.80%
1995-12-31 CN¥72.54 Million +18.40%
1994-12-31 CN¥61.27 Million +27.72%
1993-12-31 CN¥47.97 Million --

Equity Component Analysis

This analysis shows how different components contribute to Changchun Faway Automobile Components 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 575721.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.43 Billion 63.58%
Common Stock CN¥743.06 Million 8.70%
Other Comprehensive Income CN¥1.23 Billion 14.35%
Other Components CN¥1.14 Billion 13.38%
Total Equity CN¥8.54 Billion 100.00%

Changchun Faway Automobile Components Co Ltd Competitors by Market Cap

The table below lists competitors of Changchun Faway Automobile Components Co Ltd ranked by their market capitalization.

Company Market Cap
Guangdong Homa Appliances Co Ltd
SHE:002668
 		$596.26 Million
Sichuan Xunyou Network Technology Co Ltd
SHE:300467
 		$596.29 Million
New Wave Group AB ser. B
LSE:0KIZ
 		$596.46 Million
Serve Robotics Inc. Common Stock
NASDAQ:SERV
 		$596.70 Million
Engineers India Limited
NSE:ENGINERSIN
 		$595.97 Million
Basler Kantonalbank
SW:BSKP
 		$595.92 Million
Systemair AB
ST:SYSR
 		$595.84 Million
Insteel Industries Inc
NYSE:IIIN
 		$595.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Changchun Faway Automobile Components Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,219,217,389 to 8,541,755,837, a change of 322,538,448 (3.9%).
  • Net income of 508,735,035 contributed positively to equity growth.
  • Dividend payments of 194,392,496 reduced retained earnings.
  • Other comprehensive income increased equity by 1,158,906,411.
  • Other factors decreased equity by 1,150,710,502.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥508.74 Million +5.96%
Dividends Paid CN¥194.39 Million -2.28%
Other Comprehensive Income CN¥1.16 Billion +13.57%
Other Changes CN¥-1.15 Billion -13.47%
Total Change CN¥- 3.92%

Book Value vs Market Value Analysis

This analysis compares Changchun Faway Automobile Components 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: 0.91x
  • 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 92.13x to 0.91x 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¥0.11 CN¥10.48 x
1994-12-31 CN¥0.15 CN¥10.48 x
1995-12-31 CN¥0.17 CN¥10.48 x
1996-12-31 CN¥0.52 CN¥10.48 x
1997-12-31 CN¥0.59 CN¥10.48 x
1998-12-31 CN¥0.99 CN¥10.48 x
1999-12-31 CN¥1.12 CN¥10.48 x
2000-12-31 CN¥2.29 CN¥10.48 x
2001-12-31 CN¥2.48 CN¥10.48 x
2002-12-31 CN¥1.76 CN¥10.48 x
2003-12-31 CN¥1.85 CN¥10.48 x
2004-12-31 CN¥1.87 CN¥10.48 x
2005-12-31 CN¥1.69 CN¥10.48 x
2006-12-31 CN¥2.05 CN¥10.48 x
2007-12-31 CN¥1.75 CN¥10.48 x
2008-12-31 CN¥2.02 CN¥10.48 x
2009-12-31 CN¥2.51 CN¥10.48 x
2010-12-31 CN¥3.31 CN¥10.48 x
2011-12-31 CN¥3.86 CN¥10.48 x
2012-12-31 CN¥4.40 CN¥10.48 x
2013-12-31 CN¥4.77 CN¥10.48 x
2014-12-31 CN¥5.50 CN¥10.48 x
2015-12-31 CN¥5.98 CN¥10.48 x
2016-12-31 CN¥6.50 CN¥10.48 x
2017-12-31 CN¥6.90 CN¥10.48 x
2018-12-31 CN¥7.35 CN¥10.48 x
2019-12-31 CN¥8.34 CN¥10.48 x
2020-12-31 CN¥9.53 CN¥10.48 x
2021-12-31 CN¥10.14 CN¥10.48 x
2022-12-31 CN¥11.23 CN¥10.48 x
2023-12-31 CN¥11.06 CN¥10.48 x
2024-12-31 CN¥11.50 CN¥10.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Changchun Faway Automobile Components 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): 5.96%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.59%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 2.71x
  • Recent ROE (5.96%) is below the historical average (12.01%), 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 3.17% 1.98% 0.81x 1.97x CN¥-3.28 Million
1994 21.21% 12.43% 0.85x 2.01x CN¥6.87 Million
1995 29.19% 13.32% 0.92x 2.40x CN¥13.92 Million
1996 23.27% 13.25% 1.03x 1.70x CN¥28.86 Million
1997 24.08% 11.80% 1.12x 1.82x CN¥35.31 Million
1998 15.91% 11.25% 0.91x 1.55x CN¥24.56 Million
1999 22.78% 13.59% 1.24x 1.35x CN¥60.12 Million
2000 10.98% 12.69% 0.67x 1.29x CN¥9.47 Million
2001 13.51% 6.62% 1.57x 1.30x CN¥36.75 Million
2002 12.22% 4.39% 1.69x 1.64x CN¥25.89 Million
2003 3.44% 1.30% 1.67x 1.59x CN¥-80.07 Million
2004 2.38% 0.87% 1.77x 1.54x CN¥-93.97 Million
2005 -10.84% -5.53% 1.12x 1.75x CN¥-232.49 Million
2006 0.16% 0.07% 1.17x 1.89x CN¥-110.83 Million
2007 4.21% 1.44% 1.65x 1.77x CN¥-65.90 Million
2008 14.27% 5.45% 1.85x 1.41x CN¥56.69 Million
2009 21.48% 9.95% 1.56x 1.38x CN¥189.61 Million
2010 26.11% 9.23% 1.73x 1.64x CN¥352.02 Million
2011 16.79% 6.13% 1.69x 1.62x CN¥173.06 Million
2012 13.48% 5.10% 1.60x 1.65x CN¥100.99 Million
2013 11.62% 3.87% 1.66x 1.81x CN¥51.03 Million
2014 15.21% 4.90% 1.73x 1.79x CN¥189.33 Million
2015 10.73% 4.31% 1.38x 1.80x CN¥28.77 Million
2016 9.96% 3.56% 1.43x 1.95x CN¥-1.77 Million
2017 10.26% 3.67% 1.44x 1.94x CN¥11.94 Million
2018 10.20% 3.64% 1.45x 1.93x CN¥9.76 Million
2019 9.74% 3.02% 1.10x 2.93x CN¥-14.27 Million
2020 9.78% 3.16% 1.09x 2.84x CN¥-13.98 Million
2021 9.71% 3.21% 1.05x 2.87x CN¥-19.65 Million
2022 6.95% 2.73% 0.99x 2.57x CN¥-239.20 Million
2023 6.33% 2.51% 0.93x 2.72x CN¥-301.39 Million
2024 5.96% 2.59% 0.85x 2.71x CN¥-345.44 Million

Industry Comparison

This section compares Changchun Faway Automobile Components 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
Changchun Faway Automobile Components Co Ltd (600742) CN¥10.22 Billion 3.17% 1.28x $596.17 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