Lifan Industry Group Co Ltd
Chongqing Afari Technology Co., Ltd. engages in the manufacturing and sale of automobiles and motorcycles in China and internationally. It offers motorcycles engines, general machinery, commercial housing and other products. The company was formerly known as Chongqing Qianli Technology Co., Ltd. and changed its name to Chongqing Afari Technology Co., Ltd. in September 2025. Chongqing Afari Techno… Read more
Lifan Industry Group Co Ltd (601777) - Net Assets
Latest net assets as of September 2025: CN¥11.38 Billion CNY
Based on the latest financial reports, Lifan Industry Group Co Ltd (601777) has net assets worth CN¥11.38 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¥24.22 Billion) and total liabilities (CN¥12.84 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¥11.38 Billion |
| % of Total Assets | 46.99% |
| Annual Growth Rate | 16.32% |
| 5-Year Change | 4.04% |
| 10-Year Change | 69.15% |
| Growth Volatility | 81.19 |
Lifan Industry Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Lifan Industry Group 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 Lifan Industry Group Co Ltd (2007–2024)
The table below shows the annual net assets of Lifan Industry Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.67 Billion | -2.47% |
| 2023-12-31 | CN¥11.96 Billion | +2.54% |
| 2022-12-31 | CN¥11.66 Billion | +3.22% |
| 2021-12-31 | CN¥11.30 Billion | +0.79% |
| 2020-12-31 | CN¥11.21 Billion | +295.69% |
| 2019-12-31 | CN¥2.83 Billion | -62.48% |
| 2018-12-31 | CN¥7.55 Billion | +3.59% |
| 2017-12-31 | CN¥7.29 Billion | +6.66% |
| 2016-12-31 | CN¥6.83 Billion | -0.90% |
| 2015-12-31 | CN¥6.90 Billion | +26.34% |
| 2014-12-31 | CN¥5.46 Billion | -6.85% |
| 2013-12-31 | CN¥5.86 Billion | +14.87% |
| 2012-12-31 | CN¥5.10 Billion | +2.78% |
| 2011-12-31 | CN¥4.96 Billion | +4.00% |
| 2010-12-31 | CN¥4.77 Billion | +172.48% |
| 2009-12-31 | CN¥1.75 Billion | +3.89% |
| 2008-12-31 | CN¥1.69 Billion | +88.86% |
| 2007-12-31 | CN¥892.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lifan Industry Group 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 decreased by 4073.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥4.52 Billion | 43.01% |
| Other Comprehensive Income | CN¥276.62 Million | 2.63% |
| Other Components | CN¥8.50 Billion | 80.87% |
| Total Equity | CN¥10.51 Billion | 100.00% |
Lifan Industry Group Co Ltd Competitors by Market Cap
The table below lists competitors of Lifan Industry Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gibson Energy Inc
PINK:GBNXF
|
$2.52 Billion |
|
The Western Union Company
MX:WU
|
$2.52 Billion |
|
Taiwan Glass Ind Corp
TW:1802
|
$2.52 Billion |
|
Mandatum Oyj
PINK:MANDF
|
$2.52 Billion |
|
Acm Research Inc
NASDAQ:ACMR
|
$2.51 Billion |
|
Credit Acceptance Corporation
NASDAQ:CACC
|
$2.51 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
$2.51 Billion |
|
Ero Copper Corp
NYSE:ERO
|
$2.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lifan Industry Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,438,342,371 to 10,511,329,437, a change of 72,987,066 (0.7%).
- Net income of 40,017,246 contributed positively to equity growth.
- Dividend payments of 93,334,821 reduced retained earnings.
- Share repurchases of 110,913,601 reduced equity.
- Other comprehensive income increased equity by 487,033,817.
- Other factors decreased equity by 249,815,575.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.02 Million | +0.38% |
| Dividends Paid | CN¥93.33 Million | -0.89% |
| Share Repurchases | CN¥110.91 Million | -1.06% |
| Other Comprehensive Income | CN¥487.03 Million | +4.63% |
| Other Changes | CN¥-249.82 Million | -2.38% |
| Total Change | CN¥- | 0.70% |
Book Value vs Market Value Analysis
This analysis compares Lifan Industry Group 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: 3.89x
- 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 28.75x to 3.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.36 | CN¥10.23 | x |
| 2008-12-31 | CN¥0.68 | CN¥10.23 | x |
| 2009-12-31 | CN¥0.66 | CN¥10.23 | x |
| 2010-12-31 | CN¥1.75 | CN¥10.23 | x |
| 2011-12-31 | CN¥1.43 | CN¥10.23 | x |
| 2012-12-31 | CN¥1.47 | CN¥10.23 | x |
| 2013-12-31 | CN¥1.70 | CN¥10.23 | x |
| 2014-12-31 | CN¥1.56 | CN¥10.23 | x |
| 2015-12-31 | CN¥1.60 | CN¥10.23 | x |
| 2016-12-31 | CN¥1.63 | CN¥10.23 | x |
| 2017-12-31 | CN¥1.69 | CN¥10.23 | x |
| 2018-12-31 | CN¥1.60 | CN¥10.23 | x |
| 2019-12-31 | CN¥0.60 | CN¥10.23 | x |
| 2020-12-31 | CN¥2.20 | CN¥10.23 | x |
| 2021-12-31 | CN¥1.83 | CN¥10.23 | x |
| 2022-12-31 | CN¥1.98 | CN¥10.23 | x |
| 2023-12-31 | CN¥2.28 | CN¥10.23 | x |
| 2024-12-31 | CN¥2.63 | CN¥10.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lifan Industry Group 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): 0.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.57%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.07x
- Recent ROE (0.38%) is above the historical average (-2.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 40.41% | 6.07% | 1.44x | 4.63x | CN¥265.32 Million |
| 2008 | 11.95% | 3.24% | 1.21x | 3.05x | CN¥32.45 Million |
| 2009 | 17.46% | 5.72% | 0.91x | 3.35x | CN¥130.26 Million |
| 2010 | 8.10% | 5.71% | 0.66x | 2.15x | CN¥-89.84 Million |
| 2011 | 8.19% | 4.52% | 0.80x | 2.26x | CN¥-86.41 Million |
| 2012 | 6.55% | 3.70% | 0.62x | 2.86x | CN¥-169.56 Million |
| 2013 | 7.42% | 4.21% | 0.57x | 3.08x | CN¥-147.15 Million |
| 2014 | 7.14% | 3.38% | 0.55x | 3.85x | CN¥-154.73 Million |
| 2015 | 5.18% | 2.85% | 0.49x | 3.70x | CN¥-329.11 Million |
| 2016 | 1.23% | 0.75% | 0.38x | 4.36x | CN¥-590.68 Million |
| 2017 | 2.37% | 1.35% | 0.42x | 4.17x | CN¥-548.56 Million |
| 2018 | 3.39% | 2.30% | 0.39x | 3.74x | CN¥-492.21 Million |
| 2019 | -170.61% | -62.85% | 0.38x | 7.07x | CN¥-4.96 Billion |
| 2020 | 0.58% | 1.60% | 0.20x | 1.78x | CN¥-949.44 Million |
| 2021 | 0.55% | 1.40% | 0.23x | 1.73x | CN¥-961.32 Million |
| 2022 | 1.51% | 1.79% | 0.42x | 2.02x | CN¥-867.94 Million |
| 2023 | 0.23% | 0.36% | 0.31x | 2.09x | CN¥-1.02 Billion |
| 2024 | 0.38% | 0.57% | 0.32x | 2.07x | CN¥-1.01 Billion |
Industry Comparison
This section compares Lifan Industry Group Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $16,073,295,995
- Average return on equity (ROE) among peers: -37.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lifan Industry Group Co Ltd (601777) | CN¥11.38 Billion | 40.41% | 1.13x | $2.51 Billion |
| Weichai Power Co Ltd Class A (000338) | $40.85 Billion | 12.24% | 1.95x | $22.99 Billion |
| Haima Automobile Group Co Ltd (000572) | $51.44 Million | 0.00% | 13.34x | $994.86 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $46.15 Billion | 1.47% | 1.03x | $12.14 Billion |
| Faw Car Co Ltd (000800) | $4.48 Billion | 10.21% | 0.28x | $984.75 Million |
| Anhui Ankai Automobile Co Ltd (000868) | $1.38 Billion | 6.88% | 2.00x | $311.06 Million |
| Kunming Yunnei Power Co Ltd (000903) | $3.54 Billion | 4.55% | 0.82x | $463.94 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $832.28 Million | 13.17% | 0.69x | $570.39 Million |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.37 Billion |
| Yinyi Real Estate Co Ltd (000981) | $596.31 Million | -14.36% | 0.78x | $1.56 Billion |
| BYD Co Ltd Class A (002594) | $62.60 Billion | 2.58% | 2.13x | $87.17 Billion |