Ningbo Xusheng Auto Technology Co Ltd (603305) - Net Assets
Based on the latest financial reports, Ningbo Xusheng Auto Technology Co Ltd (603305) has net assets worth CN¥9.36 Billion CNY (≈ $1.37 Billion 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¥12.64 Billion ≈ $1.85 Billion USD) and total liabilities (CN¥3.29 Billion ≈ $480.70 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. Check how strategically is Ningbo Xusheng Auto Technology Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.36 Billion |
| % of Total Assets | 74.01% |
| Annual Growth Rate | 39.78% |
| 5-Year Change | 152.94% |
| 10-Year Change | 1691.4% |
| Growth Volatility | 38.26 |
Ningbo Xusheng Auto Technology Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Ningbo Xusheng Auto Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603305 company net worth.
Annual Net Assets for Ningbo Xusheng Auto Technology Co Ltd (2013–2025)
The table below shows the annual net assets of Ningbo Xusheng Auto Technology Co Ltd from 2013 to 2025. Also explore 603305 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥9.25 Billion ≈ $1.35 Billion |
+39.34% |
| 2024-12-31 | CN¥6.64 Billion ≈ $971.30 Million |
+6.08% |
| 2023-12-31 | CN¥6.26 Billion ≈ $915.65 Million |
+11.25% |
| 2022-12-31 | CN¥5.62 Billion ≈ $823.08 Million |
+53.82% |
| 2021-12-31 | CN¥3.66 Billion ≈ $535.09 Million |
+9.91% |
| 2020-12-31 | CN¥3.33 Billion ≈ $486.84 Million |
+114.27% |
| 2019-12-31 | CN¥1.55 Billion ≈ $227.21 Million |
+7.44% |
| 2018-12-31 | CN¥1.45 Billion ≈ $211.47 Million |
+25.81% |
| 2017-12-31 | CN¥1.15 Billion ≈ $168.08 Million |
+122.47% |
| 2016-12-31 | CN¥516.31 Million ≈ $75.55 Million |
+62.66% |
| 2015-12-31 | CN¥317.42 Million ≈ $46.45 Million |
+56.94% |
| 2014-12-31 | CN¥202.26 Million ≈ $29.60 Million |
+21.64% |
| 2013-12-31 | CN¥166.28 Million ≈ $24.33 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Xusheng Auto Technology 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 2708.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.39 Billion | 25.80% |
| Other Components | CN¥6.86 Billion | 74.20% |
| Total Equity | CN¥9.25 Billion | 100.00% |
Ningbo Xusheng Auto Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Xusheng Auto Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Jiuzhou Pharm Co Ltd
SHG:603456
|
$1.93 Billion |
|
GPS Participações e Empreendimentos S.A
SA:GGPS3
|
$1.93 Billion |
|
Shenzhen Xinyichang Technology Co. Ltd. A
SHG:688383
|
$1.93 Billion |
|
Ceconomy AG
XETRA:CEC
|
$1.94 Billion |
|
Vimian Group AB
ST:VIMIAN
|
$1.93 Billion |
|
Nurix Therapeutics Inc
NASDAQ:NRIX
|
$1.93 Billion |
|
Nayax Ltd
NASDAQ:NYAX
|
$1.93 Billion |
|
Viet Nam International Commercial Joint Stock Bank
VN:VIB
|
$1.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Xusheng Auto Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,629,874,439 to 9,249,203,741, a change of 2,619,329,302 (39.5%).
- Net income of 365,124,181 contributed positively to equity growth.
- Dividend payments of 392,927,670 reduced retained earnings.
- Other comprehensive income decreased equity by 3,274,059,383.
- Other factors increased equity by 5,921,192,174.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥365.12 Million | +3.95% |
| Dividends Paid | CN¥392.93 Million | -4.25% |
| Other Comprehensive Income | CN¥-3.27 Billion | -35.4% |
| Other Changes | CN¥5.92 Billion | +64.02% |
| Total Change | CN¥- | 39.51% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Xusheng Auto Technology 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: 1.43x
- 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 7.21x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.58 | CN¥11.42 | x |
| 2015-12-31 | CN¥0.44 | CN¥11.42 | x |
| 2016-12-31 | CN¥0.74 | CN¥11.42 | x |
| 2017-12-31 | CN¥1.56 | CN¥11.42 | x |
| 2018-12-31 | CN¥1.83 | CN¥11.42 | x |
| 2019-12-31 | CN¥1.98 | CN¥11.42 | x |
| 2020-12-31 | CN¥3.92 | CN¥11.42 | x |
| 2021-12-31 | CN¥4.17 | CN¥11.42 | x |
| 2022-12-31 | CN¥6.29 | CN¥11.42 | x |
| 2023-12-31 | CN¥6.73 | CN¥11.42 | x |
| 2024-12-31 | CN¥7.17 | CN¥11.42 | x |
| 2025-12-31 | CN¥8.00 | CN¥11.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Xusheng Auto Technology 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): 3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.21%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.42x
- Recent ROE (3.95%) is below the historical average (15.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.84% | 14.88% | 0.76x | 1.22x | CN¥6.39 Million |
| 2014 | 16.95% | 18.23% | 0.59x | 1.58x | CN¥14.05 Million |
| 2015 | 25.36% | 22.95% | 0.70x | 1.59x | CN¥48.76 Million |
| 2016 | 39.44% | 35.78% | 0.76x | 1.44x | CN¥151.99 Million |
| 2017 | 19.34% | 30.06% | 0.52x | 1.25x | CN¥107.25 Million |
| 2018 | 20.32% | 26.81% | 0.45x | 1.67x | CN¥149.21 Million |
| 2019 | 13.31% | 18.83% | 0.44x | 1.61x | CN¥51.32 Million |
| 2020 | 10.02% | 20.45% | 0.35x | 1.38x | CN¥535.12K |
| 2021 | 11.31% | 13.67% | 0.37x | 2.24x | CN¥47.90 Million |
| 2022 | 12.49% | 15.75% | 0.46x | 1.71x | CN¥140.00 Million |
| 2023 | 11.44% | 14.77% | 0.48x | 1.61x | CN¥89.70 Million |
| 2024 | 6.28% | 9.44% | 0.32x | 2.11x | CN¥-246.73 Million |
| 2025 | 3.95% | 8.21% | 0.34x | 1.42x | CN¥-559.80 Million |
Industry Comparison
This section compares Ningbo Xusheng Auto Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,931,548,400
- Average return on equity (ROE) among peers: 3.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Xusheng Auto Technology Co Ltd (603305) | CN¥9.36 Billion | 13.84% | 0.35x | $1.93 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $-1.62 Billion | 0.00% | 0.00x | $993.34 Million |
| Wanxiang Qianchao Co Ltd (000559) | $1.03 Billion | 14.27% | 0.55x | $5.36 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $20.86 Billion | 5.12% | 0.42x | $2.10 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $6.48 Billion | 6.62% | 1.43x | $980.48 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.51 Billion | 2.38% | 2.25x | $1.68 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $18.66 Million | 0.00% | 24.32x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $378.71 Million | 5.71% | 0.67x | $630.19 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $202.24 Million | 0.00% | 0.91x | $1.57 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $504.78 Million | 0.48% | 1.43x | $337.54 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-54.85 Million | 0.00% | 0.00x | $4.11 Billion |
About Ningbo Xusheng Auto Technology Co Ltd
Ningbo Xusheng Group Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of precision aluminum alloy parts in China and internationally. The company offers new energy vehicle solutions comprising electric drive systems, such as DHT dual motor drive electronic control assemblies, electric drive housing assemblies, and EV pure electric drive assembl… Read more