China Automotive Engineering Research Institute Co Ltd
China Automotive Engineering Research Institute Co., Ltd. provides various technical services for automobiles in China. It develops automotive and related product technologies; and offers research and development, testing and evaluation, product certification, software tools, and testing equipment and technical consulting services for automobiles. The company offers technical support and services… Read more
China Automotive Engineering Research Institute Co Ltd (601965) - Net Assets
Latest net assets as of June 2025: CN¥9.01 Billion CNY
Based on the latest financial reports, China Automotive Engineering Research Institute Co Ltd (601965) has net assets worth CN¥9.01 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.46 Billion) and total liabilities (CN¥3.45 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¥9.01 Billion |
| % of Total Assets | 72.3% |
| Annual Growth Rate | 16.77% |
| 5-Year Change | 42.46% |
| 10-Year Change | 94.62% |
| Growth Volatility | 37.92 |
China Automotive Engineering Research Institute Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute Co Ltd (2009–2024)
The table below shows the annual net assets of China Automotive Engineering Research Institute Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.45 Billion | +9.20% |
| 2023-12-31 | CN¥6.82 Billion | +10.01% |
| 2022-12-31 | CN¥6.20 Billion | +8.35% |
| 2021-12-31 | CN¥5.72 Billion | +9.44% |
| 2020-12-31 | CN¥5.23 Billion | +10.97% |
| 2019-12-31 | CN¥4.71 Billion | +5.21% |
| 2018-12-31 | CN¥4.48 Billion | +5.29% |
| 2017-12-31 | CN¥4.25 Billion | +5.31% |
| 2016-12-31 | CN¥4.04 Billion | +5.53% |
| 2015-12-31 | CN¥3.83 Billion | +6.74% |
| 2014-12-31 | CN¥3.59 Billion | +8.85% |
| 2013-12-31 | CN¥3.29 Billion | +12.13% |
| 2012-12-31 | CN¥2.94 Billion | +160.52% |
| 2011-12-31 | CN¥1.13 Billion | +27.81% |
| 2010-12-31 | CN¥882.41 Million | +21.24% |
| 2009-12-31 | CN¥727.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Automotive Engineering Research Institute 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 3162.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.91 Billion | 55.41% |
| Other Components | CN¥3.15 Billion | 44.59% |
| Total Equity | CN¥7.06 Billion | 100.00% |
China Automotive Engineering Research Institute Co Ltd Competitors by Market Cap
The table below lists competitors of China Automotive Engineering Research Institute Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Honghua Digital Technology Stock Company LTD
SHG:688789
|
$933.45 Million |
|
NeoGenomics Inc
NASDAQ:NEO
|
$933.68 Million |
|
Green Plains Renewable Energy Inc
NASDAQ:GPRE
|
$933.75 Million |
|
Lifestyle Communities Limited
PINK:LCOMF
|
$933.84 Million |
|
Robertet S.A.
LSE:0NZN
|
$931.42 Million |
|
Revolve Group LLC
NYSE:RVLV
|
$931.29 Million |
|
Aerospace Industrial Development Corp
TW:2634
|
$930.79 Million |
|
KYORITSU MAINTEN.
F:648
|
$930.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Automotive Engineering Research Institute Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,535,104,223 to 7,060,807,596, a change of 525,703,373 (8.0%).
- Net income of 907,775,264 contributed positively to equity growth.
- Dividend payments of 360,649,968 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥907.78 Million | +12.86% |
| Dividends Paid | CN¥360.65 Million | -5.11% |
| Other Changes | CN¥-21.42 Million | -0.3% |
| Total Change | CN¥- | 8.04% |
Book Value vs Market Value Analysis
This analysis compares China Automotive Engineering Research Institute 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: 2.63x
- 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 4.20x to 2.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.41 | CN¥18.52 | x |
| 2018-12-31 | CN¥4.60 | CN¥18.52 | x |
| 2019-12-31 | CN¥4.84 | CN¥18.52 | x |
| 2020-12-31 | CN¥5.11 | CN¥18.52 | x |
| 2021-12-31 | CN¥5.54 | CN¥18.52 | x |
| 2022-12-31 | CN¥5.92 | CN¥18.52 | x |
| 2023-12-31 | CN¥6.51 | CN¥18.52 | x |
| 2024-12-31 | CN¥7.04 | CN¥18.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Automotive Engineering Research Institute 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): 12.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.33%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.42x
- Recent ROE (12.86%) is above the historical average (11.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 10.81% | 5.46% | 0.85x | 2.33x | CN¥5.64 Million |
| 2010 | 16.45% | 6.43% | 0.99x | 2.58x | CN¥54.37 Million |
| 2011 | 18.57% | 10.28% | 0.99x | 1.83x | CN¥92.36 Million |
| 2012 | 10.32% | 26.05% | 0.31x | 1.26x | CN¥9.21 Million |
| 2013 | 13.01% | 28.14% | 0.38x | 1.22x | CN¥97.79 Million |
| 2014 | 11.71% | 26.63% | 0.37x | 1.18x | CN¥60.49 Million |
| 2015 | 8.23% | 25.84% | 0.27x | 1.18x | CN¥-66.71 Million |
| 2016 | 8.46% | 20.56% | 0.35x | 1.19x | CN¥-61.84 Million |
| 2017 | 8.51% | 14.98% | 0.46x | 1.23x | CN¥-63.13 Million |
| 2018 | 9.00% | 14.60% | 0.48x | 1.28x | CN¥-44.42 Million |
| 2019 | 9.92% | 16.91% | 0.46x | 1.28x | CN¥-3.80 Million |
| 2020 | 11.11% | 16.42% | 0.51x | 1.32x | CN¥56.23 Million |
| 2021 | 12.63% | 18.05% | 0.54x | 1.30x | CN¥143.86 Million |
| 2022 | 11.59% | 20.94% | 0.41x | 1.35x | CN¥94.59 Million |
| 2023 | 12.80% | 20.41% | 0.46x | 1.37x | CN¥182.66 Million |
| 2024 | 12.86% | 19.33% | 0.47x | 1.42x | CN¥201.69 Million |
Industry Comparison
This section compares China Automotive Engineering Research Institute 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 |
|---|---|---|---|---|
| China Automotive Engineering Research Institute Co Ltd (601965) | CN¥9.01 Billion | 10.81% | 0.38x | $931.96 Million |
| 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 |