Yantai Yatong Precision Mechanical Corp. A (603190) - Net Assets
Based on the latest financial reports, Yantai Yatong Precision Mechanical Corp. A (603190) has net assets worth CN¥2.26 Billion CNY (≈ $330.84 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¥4.33 Billion ≈ $634.26 Million USD) and total liabilities (CN¥2.07 Billion ≈ $303.43 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 603190 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.26 Billion |
| % of Total Assets | 52.16% |
| Annual Growth Rate | 20.82% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.47 |
Yantai Yatong Precision Mechanical Corp. A - Net Assets Trend (2021–2025)
This chart illustrates how Yantai Yatong Precision Mechanical Corp. A's net assets have evolved over time, based on quarterly financial data. Check Yantai Yatong Precision Mechanical Corp. (603190) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Yantai Yatong Precision Mechanical Corp. A (2021–2025)
The table below shows the annual net assets of Yantai Yatong Precision Mechanical Corp. A from 2021 to 2025. For live valuation and market cap data, see market value of Yantai Yatong Precision Mechanical Corp..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.20 Billion ≈ $322.32 Million |
+4.34% |
| 2024-12-31 | CN¥2.11 Billion ≈ $308.92 Million |
+2.54% |
| 2023-12-31 | CN¥2.06 Billion ≈ $301.27 Million |
+78.42% |
| 2022-12-31 | CN¥1.15 Billion ≈ $168.85 Million |
+11.62% |
| 2021-12-31 | CN¥1.03 Billion ≈ $151.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yantai Yatong Precision Mechanical Corp. A'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 41.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.15 Billion | 52.37% |
| Other Components | CN¥1.04 Billion | 47.63% |
| Total Equity | CN¥2.19 Billion | 100.00% |
Yantai Yatong Precision Mechanical Corp. A Competitors by Market Cap
The table below lists competitors of Yantai Yatong Precision Mechanical Corp. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Capol International & Associates Co Ltd
SHE:002949
|
$298.92 Million |
|
Komipharm International Co. Ltd
KQ:041960
|
$298.93 Million |
|
Invercap
SN:INVERCAP
|
$298.99 Million |
|
Amarin Corporation PLC
NASDAQ:AMRN
|
$299.02 Million |
|
Archimedes Tech SPAC Partners II Co. Unit
NASDAQ:ATIIU
|
$298.87 Million |
|
PRUKSA HOLDING
BK:PSH-R
|
$298.84 Million |
|
M Evo Global Acquisition Corp II Class A Ordinary Shares
NASDAQ:MEVO
|
$298.80 Million |
|
AVCON Information Tech
SHE:300074
|
$298.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yantai Yatong Precision Mechanical Corp. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,102,133,397 to 2,193,512,559, a change of 91,379,162 (4.3%).
- Net income of 110,839,789 contributed positively to equity growth.
- Dividend payments of 59,356,864 reduced retained earnings.
- Other factors increased equity by 39,896,237.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥110.84 Million | +5.05% |
| Dividends Paid | CN¥59.36 Million | -2.71% |
| Other Changes | CN¥39.90 Million | +1.82% |
| Total Change | CN¥- | 4.35% |
Book Value vs Market Value Analysis
This analysis compares Yantai Yatong Precision Mechanical Corp. A'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: 0.93x
- 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 1.43x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥11.49 | CN¥16.40 | x |
| 2022-12-31 | CN¥12.82 | CN¥16.40 | x |
| 2023-12-31 | CN¥17.16 | CN¥16.40 | x |
| 2024-12-31 | CN¥17.52 | CN¥16.40 | x |
| 2025-12-31 | CN¥17.61 | CN¥16.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yantai Yatong Precision Mechanical Corp. A 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): 5.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.02%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.88x
- Recent ROE (5.05%) is below the historical average (8.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 15.68% | 10.85% | 0.67x | 2.14x | CN¥58.68 Million |
| 2022 | 11.77% | 9.95% | 0.54x | 2.20x | CN¥20.48 Million |
| 2023 | 7.29% | 8.71% | 0.49x | 1.71x | CN¥-55.79 Million |
| 2024 | 4.29% | 5.16% | 0.48x | 1.75x | CN¥-120.11 Million |
| 2025 | 5.05% | 6.02% | 0.45x | 1.88x | CN¥-108.51 Million |
Industry Comparison
This section compares Yantai Yatong Precision Mechanical Corp. A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,080,049,954
- Average return on equity (ROE) among peers: 9.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yantai Yatong Precision Mechanical Corp. A (603190) | CN¥2.26 Billion | 15.68% | 0.92x | $298.88 Million |
| FAWER Automotive Parts Ltd Co (000030) | $5.30 Billion | 9.49% | 0.52x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.78 Billion | 7.81% | 0.91x | $5.72 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.95 Billion | 10.46% | 0.29x | $2.04 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.61 Billion | 7.75% | 2.40x | $973.66 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.73 Billion | -20.59% | 4.27x | $1.66 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-125.97 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $443.53 Million | 6.07% | 1.06x | $601.27 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $921.70 Million | 3.60% | 3.23x | $1.56 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $307.91 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $86.66 Million | 35.43% | 2.22x | $3.63 Billion |
About Yantai Yatong Precision Mechanical Corp. A
Yantai Yatong Precision Mechanical Corporation engages in the research and development, production, sale, and service of auto parts and mining auxiliary transportation equipment in China. The company offers commercial vehicle parts, such as top cover assemblies, front wall assemblies, rear wall assemblies, components, side panel assemblies, floor assemblies, aluminum and magnesium alloy die-cast … Read more