Changchun Faway Automobile Components Co Ltd (600742) - Net Assets
Based on the latest financial reports, Changchun Faway Automobile Components Co Ltd (600742) has net assets worth CN¥10.19 Billion CNY (≈ $1.49 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥22.86 Billion ≈ $3.35 Billion USD) and total liabilities (CN¥12.67 Billion ≈ $1.85 Billion 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 Changchun Faway Automobile Components Co tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.19 Billion |
| % of Total Assets | 44.58% |
| Annual Growth Rate | 18.18% |
| 5-Year Change | 19.94% |
| 10-Year Change | 105.33% |
| Growth Volatility | 38.46 |
Changchun Faway Automobile Components Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Changchun Faway Automobile Components Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Changchun Faway Automobile Components Co fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Changchun Faway Automobile Components Co Ltd (1993–2025)
The table below shows the annual net assets of Changchun Faway Automobile Components Co Ltd from 1993 to 2025. For live valuation and market cap data, see Changchun Faway Automobile Components Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.06 Billion ≈ $1.47 Billion |
+0.15% |
| 2024-12-31 | CN¥10.05 Billion ≈ $1.47 Billion |
+3.44% |
| 2023-12-31 | CN¥9.71 Billion ≈ $1.42 Billion |
+3.59% |
| 2022-12-31 | CN¥9.38 Billion ≈ $1.37 Billion |
+11.77% |
| 2021-12-31 | CN¥8.39 Billion ≈ $1.23 Billion |
+6.06% |
| 2020-12-31 | CN¥7.91 Billion ≈ $1.16 Billion |
+15.78% |
| 2019-12-31 | CN¥6.83 Billion ≈ $999.64 Million |
+23.74% |
| 2018-12-31 | CN¥5.52 Billion ≈ $807.88 Million |
+6.81% |
| 2017-12-31 | CN¥5.17 Billion ≈ $756.40 Million |
+5.48% |
| 2016-12-31 | CN¥4.90 Billion ≈ $717.08 Million |
+8.73% |
| 2015-12-31 | CN¥4.51 Billion ≈ $659.48 Million |
+6.57% |
| 2014-12-31 | CN¥4.23 Billion ≈ $618.82 Million |
+14.76% |
| 2013-12-31 | CN¥3.69 Billion ≈ $539.25 Million |
+9.96% |
| 2012-12-31 | CN¥3.35 Billion ≈ $490.42 Million |
+14.31% |
| 2011-12-31 | CN¥2.93 Billion ≈ $429.01 Million |
+15.44% |
| 2010-12-31 | CN¥2.54 Billion ≈ $371.64 Million |
+52.19% |
| 2009-12-31 | CN¥1.67 Billion ≈ $244.19 Million |
+25.63% |
| 2008-12-31 | CN¥1.33 Billion ≈ $194.37 Million |
+16.64% |
| 2007-12-31 | CN¥1.14 Billion ≈ $166.64 Million |
+1.10% |
| 2006-12-31 | CN¥1.13 Billion ≈ $164.83 Million |
+0.94% |
| 2005-12-31 | CN¥1.12 Billion ≈ $163.29 Million |
-9.60% |
| 2004-12-31 | CN¥1.23 Billion ≈ $180.64 Million |
+1.07% |
| 2003-12-31 | CN¥1.22 Billion ≈ $178.73 Million |
+4.81% |
| 2002-12-31 | CN¥1.17 Billion ≈ $170.53 Million |
+11.29% |
| 2001-12-31 | CN¥1.05 Billion ≈ $153.23 Million |
+8.24% |
| 2000-12-31 | CN¥967.47 Million ≈ $141.57 Million |
+105.53% |
| 1999-12-31 | CN¥470.71 Million ≈ $68.88 Million |
+13.19% |
| 1998-12-31 | CN¥415.87 Million ≈ $60.85 Million |
+65.90% |
| 1997-12-31 | CN¥250.68 Million ≈ $36.68 Million |
+15.27% |
| 1996-12-31 | CN¥217.48 Million ≈ $31.82 Million |
+199.80% |
| 1995-12-31 | CN¥72.54 Million ≈ $10.61 Million |
+18.40% |
| 1994-12-31 | CN¥61.27 Million ≈ $8.97 Million |
+27.72% |
| 1993-12-31 | CN¥47.97 Million ≈ $7.02 Million |
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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 560592.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.29 Billion | 62.62% |
| Other Components | CN¥3.16 Billion | 37.38% |
| Total Equity | CN¥8.44 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 |
|---|---|
|
Winstek Semiconductor Co Ltd
TWO:3265
|
$813.52 Million |
|
Zhejiang Kaier New Materials
SHE:300234
|
$813.61 Million |
|
Zhejiang Jiaao Enprotech
SHG:603822
|
$813.92 Million |
|
Scandinavian Tobacco Group A/S
CO:STG
|
$814.25 Million |
|
Shanghai Research Institute of Building Sciences Group Co. Ltd A
SHG:603153
|
$813.27 Million |
|
JNTC Co. Ltd
KQ:204270
|
$812.97 Million |
|
Mahindra Lifespace Developers Limited
NSE:MAHLIFE
|
$812.95 Million |
|
Chongqing Pharscin Pharmaceutical Co Ltd
SHE:002907
|
$812.73 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 2024 to 2025, total equity changed from 8,541,755,837 to 8,444,248,055, a change of -97,507,782 (-1.1%).
- Net income of 465,090,418 contributed positively to equity growth.
- Dividend payments of 476,235,142 reduced retained earnings.
- Other comprehensive income decreased equity by 1,225,404,587.
- Other factors increased equity by 1,139,041,529.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥465.09 Million | +5.51% |
| Dividends Paid | CN¥476.24 Million | -5.64% |
| Other Comprehensive Income | CN¥-1.23 Billion | -14.51% |
| Other Changes | CN¥1.14 Billion | +13.49% |
| Total Change | CN¥- | -1.14% |
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: 0.66x
- 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 65.76x to 0.66x 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¥7.48 | x |
| 1994-12-31 | CN¥0.15 | CN¥7.48 | x |
| 1995-12-31 | CN¥0.17 | CN¥7.48 | x |
| 1996-12-31 | CN¥0.52 | CN¥7.48 | x |
| 1997-12-31 | CN¥0.59 | CN¥7.48 | x |
| 1998-12-31 | CN¥0.99 | CN¥7.48 | x |
| 1999-12-31 | CN¥1.12 | CN¥7.48 | x |
| 2000-12-31 | CN¥2.29 | CN¥7.48 | x |
| 2001-12-31 | CN¥2.48 | CN¥7.48 | x |
| 2002-12-31 | CN¥1.76 | CN¥7.48 | x |
| 2003-12-31 | CN¥1.85 | CN¥7.48 | x |
| 2004-12-31 | CN¥1.87 | CN¥7.48 | x |
| 2005-12-31 | CN¥1.69 | CN¥7.48 | x |
| 2006-12-31 | CN¥2.05 | CN¥7.48 | x |
| 2007-12-31 | CN¥1.75 | CN¥7.48 | x |
| 2008-12-31 | CN¥2.02 | CN¥7.48 | x |
| 2009-12-31 | CN¥2.51 | CN¥7.48 | x |
| 2010-12-31 | CN¥3.31 | CN¥7.48 | x |
| 2011-12-31 | CN¥3.86 | CN¥7.48 | x |
| 2012-12-31 | CN¥4.40 | CN¥7.48 | x |
| 2013-12-31 | CN¥4.77 | CN¥7.48 | x |
| 2014-12-31 | CN¥5.50 | CN¥7.48 | x |
| 2015-12-31 | CN¥5.98 | CN¥7.48 | x |
| 2016-12-31 | CN¥6.50 | CN¥7.48 | x |
| 2017-12-31 | CN¥6.90 | CN¥7.48 | x |
| 2018-12-31 | CN¥7.35 | CN¥7.48 | x |
| 2019-12-31 | CN¥8.34 | CN¥7.48 | x |
| 2020-12-31 | CN¥9.53 | CN¥7.48 | x |
| 2021-12-31 | CN¥10.14 | CN¥7.48 | x |
| 2022-12-31 | CN¥11.23 | CN¥7.48 | x |
| 2023-12-31 | CN¥11.06 | CN¥7.48 | x |
| 2024-12-31 | CN¥11.50 | CN¥7.48 | x |
| 2025-12-31 | CN¥11.36 | CN¥7.48 | 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): 5.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.34%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.70x
- Recent ROE (5.51%) is below the historical average (11.81%), 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 |
| 2025 | 5.51% | 2.34% | 0.87x | 2.70x | CN¥-379.33 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: $1,509,898,498
- Average return on equity (ROE) among peers: 9.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changchun Faway Automobile Components Co Ltd (600742) | CN¥10.19 Billion | 3.17% | 1.24x | $813.32 Million |
| FAWER Automotive Parts Ltd Co (000030) | $8.47 Billion | 5.92% | 0.80x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $445.83 Million | 12.50% | 0.68x | $6.67 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $427.94 Million | 15.75% | 0.49x | $2.03 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $56.90 Million | 35.22% | 2.35x | $966.83 Million |
| Qingdao Doublestar Co Ltd (000599) | $2.38 Billion | -25.26% | 3.14x | $1.55 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.32 Billion | 0.87% | 1.12x | $653.72 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.39 Billion | 17.69% | 1.83x | $2.08 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $285.31 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $334.20 Million | 2.19% | 0.85x | $4.21 Billion |
About Changchun Faway Automobile Components Co Ltd
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