Changshu Automotive Trim Co Net Assets
Changshu Automotive Trim Co net assets. Based on the latest financial reports, Changshu Automotive Trim Co (603035) has net assets worth CN¥5.49 Billion CNY (≈ $802.91 Million 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¥12.23 Billion ≈ $1.79 Billion USD) and total liabilities (CN¥6.74 Billion ≈ $986.45 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. Also explore how fast is Changshu Automotive Trim Co growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.49 Billion |
| % of Total Assets | 44.87% |
| Annual Growth Rate | 16.85% |
| 5-Year Change | 31.61% |
| 10-Year Change | 160.16% |
| Growth Volatility | 17.99 |
Net Assets of Changshu Automotive Trim Co (2011–2025)
Net assets of Changshu Automotive Trim Co from 2011 to 2025. This chart illustrates how Changshu Automotive Trim Co's net assets have evolved over time, based on quarterly financial data. See 603035 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Changshu Automotive Trim Co (2011–2025)
The table below shows the annual net assets of Changshu Automotive Trim Co from 2011 to 2025. For live market cap and overall valuation, see 603035 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.41 Billion ≈ $792.28 Million |
+1.88% |
| 2024-12-31 | CN¥5.31 Billion ≈ $777.65 Million |
+5.44% |
| 2023-12-31 | CN¥5.04 Billion ≈ $737.52 Million |
+8.69% |
| 2022-12-31 | CN¥4.64 Billion ≈ $678.54 Million |
+12.72% |
| 2021-12-31 | CN¥4.11 Billion ≈ $601.98 Million |
+12.05% |
| 2020-12-31 | CN¥3.67 Billion ≈ $537.25 Million |
+26.12% |
| 2019-12-31 | CN¥2.91 Billion ≈ $426.00 Million |
+15.74% |
| 2018-12-31 | CN¥2.52 Billion ≈ $368.06 Million |
+11.89% |
| 2017-12-31 | CN¥2.25 Billion ≈ $328.94 Million |
+8.02% |
| 2016-12-31 | CN¥2.08 Billion ≈ $304.53 Million |
+66.06% |
| 2015-12-31 | CN¥1.25 Billion ≈ $183.39 Million |
+10.93% |
| 2014-12-31 | CN¥1.13 Billion ≈ $165.31 Million |
+9.92% |
| 2013-12-31 | CN¥1.03 Billion ≈ $150.39 Million |
+9.51% |
| 2012-12-31 | CN¥938.44 Million ≈ $137.32 Million |
+53.45% |
| 2011-12-31 | CN¥611.55 Million ≈ $89.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Changshu Automotive Trim Co'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 631.2% over the analyzed period, indicating profitable operations and earnings retention.
Changshu Automotive Trim Co Net Assets Breakdown (December 2025)
Changshu Automotive Trim Co net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.94 Billion | 55.36% |
| Other Components | CN¥2.37 Billion | 44.64% |
| Total Equity | CN¥5.31 Billion | 100.00% |
Changshu Automotive Trim Co Competitors by Market Cap
The table below lists competitors of Changshu Automotive Trim Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Selamat Sempurna Tbk
JK:SMSM
|
$553.39 Million |
|
London Stock Exchange Group PLC
LSE:LSEG
|
$553.54 Million |
|
Sporton International
TWO:6146
|
$553.62 Million |
|
AECI Ltd
JSE:AFE
|
$553.76 Million |
|
Guaranty Bancshares, Inc.
NYSE:GNTY
|
$553.20 Million |
|
Korea District Heating Corp
KO:071320
|
$553.20 Million |
|
Hangzhou Huaguang Advanced Welding Materials Co Ltd
SHG:688379
|
$553.15 Million |
|
Hainan Pearl River Holdings Co Ltd
SHE:000505
|
$553.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changshu Automotive Trim Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,180,515,885 to 5,309,117,728, a change of 128,601,843 (2.5%).
- Net income of 346,195,455 contributed positively to equity growth.
- Dividend payments of 179,658,275 reduced retained earnings.
- Other comprehensive income decreased equity by 176,560,502.
- Other factors increased equity by 138,625,166.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥346.20 Million | +6.52% |
| Dividends Paid | CN¥179.66 Million | -3.38% |
| Other Comprehensive Income | CN¥-176.56 Million | -3.33% |
| Other Changes | CN¥138.63 Million | +2.61% |
| Total Change | CN¥- | 2.48% |
Book Value vs Market Value Analysis
This analysis compares Changshu Automotive Trim Co'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: 0.71x
- 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 3.02x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥3.42 | CN¥10.32 | x |
| 2012-12-31 | CN¥4.75 | CN¥10.32 | x |
| 2013-12-31 | CN¥4.87 | CN¥10.32 | x |
| 2014-12-31 | CN¥5.37 | CN¥10.32 | x |
| 2015-12-31 | CN¥5.94 | CN¥10.32 | x |
| 2016-12-31 | CN¥9.93 | CN¥10.32 | x |
| 2017-12-31 | CN¥7.97 | CN¥10.32 | x |
| 2018-12-31 | CN¥8.93 | CN¥10.32 | x |
| 2019-12-31 | CN¥10.17 | CN¥10.32 | x |
| 2020-12-31 | CN¥10.60 | CN¥10.32 | x |
| 2021-12-31 | CN¥11.12 | CN¥10.32 | x |
| 2022-12-31 | CN¥12.40 | CN¥10.32 | x |
| 2023-12-31 | CN¥13.28 | CN¥10.32 | x |
| 2024-12-31 | CN¥13.64 | CN¥10.32 | x |
| 2025-12-31 | CN¥14.49 | CN¥10.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changshu Automotive Trim Co 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): 6.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.87%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.31x
- Recent ROE (6.52%) is below the historical average (12.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.65% | 19.48% | 0.46x | 2.42x | CN¥71.09 Million |
| 2012 | 16.00% | 18.28% | 0.51x | 1.71x | CN¥56.27 Million |
| 2013 | 17.44% | 21.04% | 0.47x | 1.76x | CN¥76.50 Million |
| 2014 | 17.88% | 18.56% | 0.57x | 1.69x | CN¥89.02 Million |
| 2015 | 17.83% | 21.88% | 0.50x | 1.63x | CN¥98.17 Million |
| 2016 | 10.87% | 15.75% | 0.46x | 1.50x | CN¥18.19 Million |
| 2017 | 10.16% | 16.99% | 0.42x | 1.41x | CN¥3.69 Million |
| 2018 | 13.55% | 23.23% | 0.32x | 1.82x | CN¥89.11 Million |
| 2019 | 9.14% | 14.50% | 0.26x | 2.45x | CN¥-24.80 Million |
| 2020 | 9.91% | 16.31% | 0.31x | 1.96x | CN¥-3.31 Million |
| 2021 | 10.25% | 16.02% | 0.35x | 1.83x | CN¥10.15 Million |
| 2022 | 11.05% | 13.96% | 0.43x | 1.84x | CN¥48.42 Million |
| 2023 | 10.84% | 11.87% | 0.45x | 2.01x | CN¥42.35 Million |
| 2024 | 8.21% | 7.51% | 0.53x | 2.05x | CN¥-92.59 Million |
| 2025 | 6.52% | 4.87% | 0.58x | 2.31x | CN¥-184.72 Million |
Industry Comparison
This section compares Changshu Automotive Trim Co's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,597,552,779
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changshu Automotive Trim Co (603035) | CN¥5.49 Billion | 21.65% | 1.23x | $553.24 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Billion | 0.00% | 0.00x | $897.92 Million |
| Wanxiang Qianchao Co Ltd (000559) | $4.58 Billion | 17.00% | 1.78x | $6.06 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $16.47 Billion | 14.55% | 0.27x | $2.02 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.58 Billion | 0.43% | 1.91x | $944.09 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.51 Billion | 2.38% | 2.25x | $1.42 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-134.32 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $443.53 Million | 6.07% | 1.06x | $1.20 Billion |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $260.39 Million | 10.42% | 0.21x | $2.00 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $572.87 Million | 4.59% | 0.74x | $297.78 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $334.20 Million | 2.19% | 0.85x | $3.27 Billion |
About Changshu Automotive Trim Co
Jiangsu Changshu Automotive Trim Group Co., Ltd. engages in the research and development, production, and sales of automotive interior parts assembly products in China and internationally. The company provides door panel assemblies, instrument panel assemblies, sub-instrument panel assemblies, pillar assemblies, trunk assemblies, coat rack assemblies, and underbody panels, as well as molds, inspe… Read more