Changchun Engley Automobile Industry Co.Ltd. (601279) - Net Assets
Based on the latest financial reports, Changchun Engley Automobile Industry Co.Ltd. (601279) has net assets worth CN¥4.69 Billion CNY (≈ $686.19 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¥7.70 Billion ≈ $1.13 Billion USD) and total liabilities (CN¥3.01 Billion ≈ $441.02 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 Changchun Engley Automobile Industry 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¥4.69 Billion |
| % of Total Assets | 60.88% |
| Annual Growth Rate | 9.89% |
| 5-Year Change | 29.64% |
| 10-Year Change | N/A |
| Growth Volatility | 8.14 |
Changchun Engley Automobile Industry Co.Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Changchun Engley Automobile Industry Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Changchun Engley Automobile Industry Co. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Changchun Engley Automobile Industry Co.Ltd. (2016–2024)
The table below shows the annual net assets of Changchun Engley Automobile Industry Co.Ltd. from 2016 to 2024. For live valuation and market cap data, see market value of Changchun Engley Automobile Industry Co..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.75 Billion ≈ $695.03 Million |
+0.27% |
| 2023-12-31 | CN¥4.74 Billion ≈ $693.16 Million |
+13.88% |
| 2022-12-31 | CN¥4.16 Billion ≈ $608.68 Million |
+1.11% |
| 2021-12-31 | CN¥4.11 Billion ≈ $601.99 Million |
+12.29% |
| 2020-12-31 | CN¥3.66 Billion ≈ $536.12 Million |
+5.95% |
| 2019-12-31 | CN¥3.46 Billion ≈ $506.04 Million |
+5.48% |
| 2018-12-31 | CN¥3.28 Billion ≈ $479.76 Million |
+26.06% |
| 2017-12-31 | CN¥2.60 Billion ≈ $380.57 Million |
+16.47% |
| 2016-12-31 | CN¥2.23 Billion ≈ $326.76 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Changchun Engley Automobile Industry 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 101.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.50 Billion | 34.97% |
| Common Stock | CN¥1.59 Billion | 37.09% |
| Other Comprehensive Income | CN¥50.01 Million | 1.17% |
| Other Components | CN¥1.14 Billion | 26.78% |
| Total Equity | CN¥4.28 Billion | 100.00% |
Changchun Engley Automobile Industry Co.Ltd. Competitors by Market Cap
The table below lists competitors of Changchun Engley Automobile Industry Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Flowers King
SHG:603007
|
$754.70 Million |
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
$754.86 Million |
|
China Bills Finance Corp
TW:2820
|
$755.24 Million |
|
Qingdao Kutesmart Co Ltd
SHE:300840
|
$755.42 Million |
|
Maravai Lifesciences Holdings Inc
NASDAQ:MRVI
|
$754.12 Million |
|
USIMINAS PFD ADR/10000
F:U1S0
|
$753.29 Million |
|
MAS Real Estate Inc
JSE:MSP
|
$753.10 Million |
|
UWM Holdings Corp
NYSE:UWMC
|
$753.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changchun Engley Automobile Industry Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,258,913,950 to 4,275,874,766, a change of 16,960,816 (0.4%).
- Net income of 48,819,933 contributed positively to equity growth.
- Dividend payments of 60,267,945 reduced retained earnings.
- Other comprehensive income increased equity by 57,027,130.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥48.82 Million | +1.14% |
| Dividends Paid | CN¥60.27 Million | -1.41% |
| Other Comprehensive Income | CN¥57.03 Million | +1.33% |
| Other Changes | CN¥-28.62 Million | -0.67% |
| Total Change | CN¥- | 0.40% |
Book Value vs Market Value Analysis
This analysis compares Changchun Engley Automobile Industry 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: 1.21x
- 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 1.86x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.75 | CN¥3.25 | x |
| 2017-12-31 | CN¥2.03 | CN¥3.25 | x |
| 2018-12-31 | CN¥2.61 | CN¥3.25 | x |
| 2019-12-31 | CN¥2.07 | CN¥3.25 | x |
| 2020-12-31 | CN¥2.18 | CN¥3.25 | x |
| 2021-12-31 | CN¥2.44 | CN¥3.25 | x |
| 2022-12-31 | CN¥2.46 | CN¥3.25 | x |
| 2023-12-31 | CN¥2.69 | CN¥3.25 | x |
| 2024-12-31 | CN¥2.70 | CN¥3.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changchun Engley Automobile Industry 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): 1.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.04%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.83x
- Recent ROE (1.14%) is below the historical average (7.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 19.65% | 11.92% | 0.72x | 2.28x | CN¥189.21 Million |
| 2017 | 12.34% | 6.82% | 0.81x | 2.24x | CN¥53.09 Million |
| 2018 | 9.18% | 5.76% | 0.73x | 2.20x | CN¥-23.95 Million |
| 2019 | 6.78% | 4.35% | 0.75x | 2.08x | CN¥-99.23 Million |
| 2020 | 7.55% | 4.89% | 0.71x | 2.16x | CN¥-79.55 Million |
| 2021 | 5.65% | 4.48% | 0.64x | 1.96x | CN¥-158.57 Million |
| 2022 | 1.59% | 1.15% | 0.64x | 2.15x | CN¥-309.67 Million |
| 2023 | 2.38% | 1.91% | 0.63x | 1.98x | CN¥-324.39 Million |
| 2024 | 1.14% | 1.04% | 0.60x | 1.83x | CN¥-378.77 Million |
Industry Comparison
This section compares Changchun Engley Automobile Industry 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 Engley Automobile Industry Co.Ltd. (601279) | CN¥4.69 Billion | 19.65% | 0.64x | $754.16 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 Engley Automobile Industry Co.Ltd.
Changchun Engley Automobile Industry Co.,Ltd. produces and sells automobile parts and accessories, and stamping and hot pressing products in China. The company offers metal products, including bodywork structural parts and safety parts, such as CCB, bumper frame, sill, battery pack upper and lower shell, sub-frame assembly, hot-formed A-pillar assembly, etc. It also provides large welding assembl… Read more