Shanghai Baolong Automotive Corp (603197) - Net Assets
Based on the latest financial reports, Shanghai Baolong Automotive Corp (603197) has net assets worth CN¥3.64 Billion CNY (≈ $532.66 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.10 Billion ≈ $1.77 Billion USD) and total liabilities (CN¥8.46 Billion ≈ $1.24 Billion 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. Check Shanghai Baolong Automotive Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.64 Billion |
| % of Total Assets | 30.1% |
| Annual Growth Rate | 20.99% |
| 5-Year Change | 158.03% |
| 10-Year Change | 492.0% |
| Growth Volatility | 30.76 |
Shanghai Baolong Automotive Corp - Net Assets Trend (2008–2024)
This chart illustrates how Shanghai Baolong Automotive Corp's net assets have evolved over time, based on quarterly financial data. Also explore 603197 total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Baolong Automotive Corp (2008–2024)
The table below shows the annual net assets of Shanghai Baolong Automotive Corp from 2008 to 2024. For live valuation and market cap data, see Shanghai Baolong Automotive Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.54 Billion ≈ $518.23 Million |
+8.94% |
| 2023-12-31 | CN¥3.25 Billion ≈ $475.70 Million |
+16.66% |
| 2022-12-31 | CN¥2.79 Billion ≈ $407.76 Million |
+13.69% |
| 2021-12-31 | CN¥2.45 Billion ≈ $358.68 Million |
+78.59% |
| 2020-12-31 | CN¥1.37 Billion ≈ $200.84 Million |
+6.43% |
| 2019-12-31 | CN¥1.29 Billion ≈ $188.70 Million |
+26.48% |
| 2018-12-31 | CN¥1.02 Billion ≈ $149.19 Million |
-29.87% |
| 2017-12-31 | CN¥1.45 Billion ≈ $212.74 Million |
+100.64% |
| 2016-12-31 | CN¥724.60 Million ≈ $106.03 Million |
+21.13% |
| 2015-12-31 | CN¥598.22 Million ≈ $87.54 Million |
+16.53% |
| 2014-12-31 | CN¥513.37 Million ≈ $75.12 Million |
+11.86% |
| 2013-12-31 | CN¥458.95 Million ≈ $67.16 Million |
+3.97% |
| 2012-12-31 | CN¥441.41 Million ≈ $64.59 Million |
+50.10% |
| 2010-12-31 | CN¥294.09 Million ≈ $43.03 Million |
+46.04% |
| 2009-12-31 | CN¥201.37 Million ≈ $29.47 Million |
+19.92% |
| 2008-12-31 | CN¥167.92 Million ≈ $24.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Baolong Automotive Corp'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 2822.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.55 Billion | 48.39% |
| Common Stock | CN¥212.09 Million | 6.63% |
| Other Components | CN¥1.44 Billion | 44.98% |
| Total Equity | CN¥3.20 Billion | 100.00% |
Shanghai Baolong Automotive Corp Competitors by Market Cap
The table below lists competitors of Shanghai Baolong Automotive Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foxsemicon Integrated Technology Inc
TW:3413
|
$1.06 Billion |
|
Five9 Inc
NASDAQ:FIVN
|
$1.06 Billion |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658
|
$1.06 Billion |
|
AVI Global Trust PLC
LSE:AGT
|
$1.06 Billion |
|
Sunrise Group Co Ltd
SHE:002752
|
$1.06 Billion |
|
Septerna, Inc. Common Stock
NASDAQ:SEPN
|
$1.06 Billion |
|
Qiming Information Technology Co Ltd
SHE:002232
|
$1.06 Billion |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Baolong Automotive Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,953,444,558 to 3,197,082,278, a change of 243,637,720 (8.2%).
- Net income of 302,550,159 contributed positively to equity growth.
- Dividend payments of 281,497,717 reduced retained earnings.
- Other factors increased equity by 222,585,278.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥302.55 Million | +9.46% |
| Dividends Paid | CN¥281.50 Million | -8.8% |
| Other Changes | CN¥222.59 Million | +6.96% |
| Total Change | CN¥- | 8.25% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Baolong Automotive Corp'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: 2.22x
- 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 19.68x to 2.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥1.72 | CN¥33.84 | x |
| 2009-12-31 | CN¥1.98 | CN¥33.84 | x |
| 2010-12-31 | CN¥2.64 | CN¥33.84 | x |
| 2012-12-31 | CN¥3.23 | CN¥33.84 | x |
| 2013-12-31 | CN¥3.23 | CN¥33.84 | x |
| 2014-12-31 | CN¥3.52 | CN¥33.84 | x |
| 2015-12-31 | CN¥4.04 | CN¥33.84 | x |
| 2016-12-31 | CN¥4.79 | CN¥33.84 | x |
| 2017-12-31 | CN¥8.88 | CN¥33.84 | x |
| 2018-12-31 | CN¥5.86 | CN¥33.84 | x |
| 2019-12-31 | CN¥6.31 | CN¥33.84 | x |
| 2020-12-31 | CN¥7.04 | CN¥33.84 | x |
| 2021-12-31 | CN¥11.47 | CN¥33.84 | x |
| 2022-12-31 | CN¥12.13 | CN¥33.84 | x |
| 2023-12-31 | CN¥14.19 | CN¥33.84 | x |
| 2024-12-31 | CN¥15.22 | CN¥33.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Baolong Automotive Corp 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): 9.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.31%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 3.38x
- Recent ROE (9.46%) is below the historical average (14.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 21.94% | 5.24% | 1.58x | 2.65x | CN¥17.24 Million |
| 2009 | 22.40% | 8.41% | 1.06x | 2.51x | CN¥21.53 Million |
| 2010 | 22.83% | 7.62% | 1.35x | 2.22x | CN¥32.57 Million |
| 2012 | 13.55% | 5.53% | 1.06x | 2.31x | CN¥13.67 Million |
| 2013 | 7.89% | 2.94% | 1.01x | 2.64x | CN¥-8.38 Million |
| 2014 | 9.61% | 3.39% | 1.07x | 2.64x | CN¥-1.68 Million |
| 2015 | 13.71% | 4.90% | 1.00x | 2.80x | CN¥18.40 Million |
| 2016 | 22.47% | 7.88% | 1.04x | 2.74x | CN¥73.45 Million |
| 2017 | 13.33% | 8.36% | 0.86x | 1.85x | CN¥43.43 Million |
| 2018 | 16.04% | 6.72% | 0.74x | 3.22x | CN¥58.29 Million |
| 2019 | 16.64% | 5.19% | 0.89x | 3.62x | CN¥68.76 Million |
| 2020 | 15.92% | 5.50% | 0.85x | 3.40x | CN¥68.12 Million |
| 2021 | 12.21% | 6.89% | 0.76x | 2.34x | CN¥48.55 Million |
| 2022 | 8.57% | 4.48% | 0.72x | 2.65x | CN¥-35.71 Million |
| 2023 | 12.83% | 6.42% | 0.70x | 2.87x | CN¥83.49 Million |
| 2024 | 9.46% | 4.31% | 0.65x | 3.38x | CN¥-17.16 Million |
Industry Comparison
This section compares Shanghai Baolong Automotive Corp's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,314,550,990
- Average return on equity (ROE) among peers: 5.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Baolong Automotive Corp (603197) | CN¥3.64 Billion | 21.94% | 2.32x | $1.06 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $5.30 Billion | 9.49% | 0.52x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $5.34 Billion | 22.56% | 0.48x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.72 Billion | 3.64% | 1.83x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.08 Billion | -8.46% | 3.69x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $-125.97 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.27 Billion | 0.97% | 1.13x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.37 Billion | 13.37% | 1.95x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-733.97 Million | 0.00% | 0.00x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $797.13 Million | 4.24% | 1.03x | $3.35 Billion |
About Shanghai Baolong Automotive Corp
Shanghai Baolong Automotive Corporation manufactures and sells automotive parts and components. It provides automotive rubber and metal parts, including traditional and tire pressure monitoring system valves; electronically controlled air suspension system; automotive metal tubing, such as exhaust pipes, EGR pipes, roof rail, and metal brackets; automotive structural parts; tire pressure monitori… Read more