Ningbo Shenglong Automotive Powertrain System Co Ltd
Ningbo Shenglong Automotive Powertrain System Co.,Ltd. engages in the research and development, production, and sale of automotive powertrain components in China and internationally. The company's products include engine mechanical, transmission, and new energy vehicle transmission and all-in-one electric drive system electronic oil pumps; electronic and mechanical, and heavy-duty silicone oil cl… Read more
Ningbo Shenglong Automotive Powertrain System Co Ltd (603178) - Net Assets
Latest net assets as of September 2025: CN¥1.21 Billion CNY
Based on the latest financial reports, Ningbo Shenglong Automotive Powertrain System Co Ltd (603178) has net assets worth CN¥1.21 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¥2.26 Billion) and total liabilities (CN¥1.04 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¥1.21 Billion |
| % of Total Assets | 53.76% |
| Annual Growth Rate | 18.61% |
| 5-Year Change | 92.54% |
| 10-Year Change | 259.15% |
| Growth Volatility | 33.33 |
Ningbo Shenglong Automotive Powertrain System Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Ningbo Shenglong Automotive Powertrain System 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 Ningbo Shenglong Automotive Powertrain System Co Ltd (2012–2024)
The table below shows the annual net assets of Ningbo Shenglong Automotive Powertrain System Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.30 Billion | +0.98% |
| 2023-12-31 | CN¥1.28 Billion | +2.11% |
| 2022-12-31 | CN¥1.26 Billion | +4.98% |
| 2021-12-31 | CN¥1.20 Billion | +77.89% |
| 2020-12-31 | CN¥673.65 Million | +7.00% |
| 2019-12-31 | CN¥629.58 Million | -29.07% |
| 2018-12-31 | CN¥887.63 Million | +2.49% |
| 2017-12-31 | CN¥866.08 Million | +97.59% |
| 2016-12-31 | CN¥438.31 Million | +21.37% |
| 2015-12-31 | CN¥361.14 Million | +28.06% |
| 2014-12-31 | CN¥282.01 Million | +30.04% |
| 2013-12-31 | CN¥216.86 Million | +29.61% |
| 2012-12-31 | CN¥167.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Shenglong Automotive Powertrain System 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 863.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥250.13 Million | 19.29% |
| Common Stock | CN¥236.41 Million | 18.23% |
| Other Comprehensive Income | CN¥94.18 Million | 7.26% |
| Other Components | CN¥716.30 Million | 55.23% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Ningbo Shenglong Automotive Powertrain System Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Shenglong Automotive Powertrain System Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARISTON HOLD.N.V. EO-01
F:E0E
|
$209.55 Million |
|
Zhejiang MustangBattery Co.Ltd
SHG:605378
|
$209.55 Million |
|
Kendrion NV
AS:KENDR
|
$209.56 Million |
|
Ariston Holding N.V.
LSE:0ABE
|
$209.66 Million |
|
Sichuan Huati Lighting Tech
SHG:603679
|
$209.47 Million |
|
OVH Groupe SAS
PA:OVH
|
$209.44 Million |
|
GENERAL Elevator Co. Ltd.
SHE:300931
|
$209.42 Million |
|
Hefei Kewell Power System Co Ltd
SHG:688551
|
$209.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Shenglong Automotive Powertrain System Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,284,455,075 to 1,297,027,212, a change of 12,572,137 (1.0%).
- Net income of 29,752,176 contributed positively to equity growth.
- Dividend payments of 28,529,571 reduced retained earnings.
- Other comprehensive income increased equity by 90,493,447.
- Other factors decreased equity by 79,143,915.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥29.75 Million | +2.29% |
| Dividends Paid | CN¥28.53 Million | -2.2% |
| Other Comprehensive Income | CN¥90.49 Million | +6.98% |
| Other Changes | CN¥-79.14 Million | -6.1% |
| Total Change | CN¥- | 0.98% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Shenglong Automotive Powertrain System 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: 2.90x
- 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 14.09x to 2.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.17 | CN¥16.43 | x |
| 2013-12-31 | CN¥1.45 | CN¥16.43 | x |
| 2014-12-31 | CN¥1.93 | CN¥16.43 | x |
| 2015-12-31 | CN¥2.27 | CN¥16.43 | x |
| 2016-12-31 | CN¥2.71 | CN¥16.43 | x |
| 2017-12-31 | CN¥4.34 | CN¥16.43 | x |
| 2018-12-31 | CN¥4.20 | CN¥16.43 | x |
| 2019-12-31 | CN¥3.09 | CN¥16.43 | x |
| 2020-12-31 | CN¥3.35 | CN¥16.43 | x |
| 2021-12-31 | CN¥5.07 | CN¥16.43 | x |
| 2022-12-31 | CN¥5.32 | CN¥16.43 | x |
| 2023-12-31 | CN¥5.54 | CN¥16.43 | x |
| 2024-12-31 | CN¥5.67 | CN¥16.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Shenglong Automotive Powertrain System 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): 2.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.84%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.82x
- Recent ROE (2.29%) is below the historical average (8.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 23.76% | 6.29% | 1.10x | 3.45x | CN¥22.80 Million |
| 2013 | 20.69% | 6.09% | 0.98x | 3.46x | CN¥22.03 Million |
| 2014 | 24.33% | 7.14% | 0.96x | 3.53x | CN¥39.04 Million |
| 2015 | 20.24% | 6.16% | 0.91x | 3.61x | CN¥34.76 Million |
| 2016 | 19.58% | 6.36% | 0.82x | 3.73x | CN¥38.99 Million |
| 2017 | 11.53% | 6.00% | 0.75x | 2.57x | CN¥12.53 Million |
| 2018 | 4.52% | 2.91% | 0.63x | 2.49x | CN¥-46.18 Million |
| 2019 | -39.56% | -20.13% | 0.63x | 3.10x | CN¥-307.83 Million |
| 2020 | 8.25% | 4.55% | 0.65x | 2.77x | CN¥-11.76 Million |
| 2021 | 8.60% | 6.88% | 0.72x | 1.73x | CN¥-16.82 Million |
| 2022 | 7.09% | 6.02% | 0.72x | 1.65x | CN¥-36.65 Million |
| 2023 | 4.15% | 3.68% | 0.67x | 1.67x | CN¥-75.10 Million |
| 2024 | 2.29% | 1.84% | 0.69x | 1.82x | CN¥-99.95 Million |
Industry Comparison
This section compares Ningbo Shenglong Automotive Powertrain System 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 |
|---|---|---|---|---|
| Ningbo Shenglong Automotive Powertrain System Co Ltd (603178) | CN¥1.21 Billion | 23.76% | 0.86x | $209.51 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 |