Hunan Oil Pump (603319) - Net Assets
Based on the latest financial reports, Hunan Oil Pump (603319) has net assets worth CN¥2.50 Billion CNY (≈ $366.50 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¥4.07 Billion ≈ $595.35 Million USD) and total liabilities (CN¥1.56 Billion ≈ $228.84 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 603319 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.50 Billion |
| % of Total Assets | 61.56% |
| Annual Growth Rate | 18.01% |
| 5-Year Change | 58.88% |
| 10-Year Change | 481.67% |
| Growth Volatility | 19.46 |
Hunan Oil Pump - Net Assets Trend (2011–2024)
This chart illustrates how Hunan Oil Pump's net assets have evolved over time, based on quarterly financial data. Also explore Hunan Oil Pump balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Hunan Oil Pump (2011–2024)
The table below shows the annual net assets of Hunan Oil Pump from 2011 to 2024. For live valuation and market cap data, see 603319 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.10 Billion ≈ $307.85 Million |
+20.43% |
| 2023-12-31 | CN¥1.75 Billion ≈ $255.63 Million |
+10.52% |
| 2022-12-31 | CN¥1.58 Billion ≈ $231.30 Million |
+8.12% |
| 2021-12-31 | CN¥1.46 Billion ≈ $213.92 Million |
+10.40% |
| 2020-12-31 | CN¥1.32 Billion ≈ $193.77 Million |
+62.88% |
| 2019-12-31 | CN¥813.01 Million ≈ $118.97 Million |
+8.27% |
| 2018-12-31 | CN¥750.91 Million ≈ $109.88 Million |
+7.83% |
| 2017-12-31 | CN¥696.38 Million ≈ $101.90 Million |
+16.45% |
| 2016-12-31 | CN¥597.99 Million ≈ $87.51 Million |
+65.33% |
| 2015-12-31 | CN¥361.69 Million ≈ $52.93 Million |
+8.79% |
| 2014-12-31 | CN¥332.48 Million ≈ $48.65 Million |
+12.10% |
| 2013-12-31 | CN¥296.58 Million ≈ $43.40 Million |
+14.63% |
| 2012-12-31 | CN¥258.72 Million ≈ $37.86 Million |
+5.93% |
| 2011-12-31 | CN¥244.24 Million ≈ $35.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hunan Oil Pump'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 634.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 50.51% |
| Common Stock | CN¥220.14 Million | 10.56% |
| Other Comprehensive Income | CN¥220.91 Million | 10.60% |
| Other Components | CN¥590.64 Million | 28.33% |
| Total Equity | CN¥2.08 Billion | 100.00% |
Hunan Oil Pump Competitors by Market Cap
The table below lists competitors of Hunan Oil Pump ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281
|
$1.90 Billion |
|
ST Pharm Co.Ltd
KQ:237690
|
$1.90 Billion |
|
Mesoblast Ltd
AU:MSB
|
$1.90 Billion |
|
Hainan Haide Industry Co Ltd
SHE:000567
|
$1.90 Billion |
|
Jinfu Technology Co Ltd
SHE:003018
|
$1.90 Billion |
|
AUB GROUP LTD.
F:A5H
|
$1.89 Billion |
|
TIANQI LITHIUM H YC 1
F:2220
|
$1.89 Billion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
$1.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Oil Pump's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,727,428,719 to 2,084,727,632, a change of 357,298,913 (20.7%).
- Net income of 165,783,980 contributed positively to equity growth.
- Dividend payments of 105,274,385 reduced retained earnings.
- Share repurchases of 202,609 reduced equity.
- Other comprehensive income increased equity by 220,908,865.
- Other factors increased equity by 76,083,062.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥165.78 Million | +7.95% |
| Dividends Paid | CN¥105.27 Million | -5.05% |
| Share Repurchases | CN¥202.61K | -0.01% |
| Other Comprehensive Income | CN¥220.91 Million | +10.6% |
| Other Changes | CN¥76.08 Million | +3.65% |
| Total Change | CN¥- | 20.68% |
Book Value vs Market Value Analysis
This analysis compares Hunan Oil Pump'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: 5.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 28.45x to 5.38x 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¥1.34 | CN¥38.20 | x |
| 2012-12-31 | CN¥1.83 | CN¥38.20 | x |
| 2013-12-31 | CN¥2.07 | CN¥38.20 | x |
| 2014-12-31 | CN¥1.65 | CN¥38.20 | x |
| 2015-12-31 | CN¥1.80 | CN¥38.20 | x |
| 2016-12-31 | CN¥2.88 | CN¥38.20 | x |
| 2017-12-31 | CN¥2.61 | CN¥38.20 | x |
| 2018-12-31 | CN¥2.82 | CN¥38.20 | x |
| 2019-12-31 | CN¥3.04 | CN¥38.20 | x |
| 2020-12-31 | CN¥4.93 | CN¥38.20 | x |
| 2021-12-31 | CN¥4.98 | CN¥38.20 | x |
| 2022-12-31 | CN¥5.32 | CN¥38.20 | x |
| 2023-12-31 | CN¥5.92 | CN¥38.20 | x |
| 2024-12-31 | CN¥7.10 | CN¥38.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Oil Pump 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): 7.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.38%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.85x
- Recent ROE (7.95%) is below the historical average (12.31%), 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 | 20.46% | 11.52% | 0.71x | 2.50x | CN¥25.54 Million |
| 2012 | 6.01% | 4.38% | 0.61x | 2.24x | CN¥-10.32 Million |
| 2013 | 14.49% | 9.51% | 0.68x | 2.24x | CN¥13.31 Million |
| 2014 | 13.54% | 9.52% | 0.64x | 2.21x | CN¥11.76 Million |
| 2015 | 10.76% | 8.37% | 0.59x | 2.16x | CN¥2.75 Million |
| 2016 | 9.42% | 10.10% | 0.58x | 1.60x | CN¥-3.48 Million |
| 2017 | 15.75% | 13.48% | 0.73x | 1.60x | CN¥40.03 Million |
| 2018 | 12.95% | 10.74% | 0.67x | 1.80x | CN¥22.11 Million |
| 2019 | 11.61% | 9.30% | 0.55x | 2.25x | CN¥12.89 Million |
| 2020 | 12.81% | 11.84% | 0.59x | 1.85x | CN¥36.64 Million |
| 2021 | 13.19% | 11.76% | 0.62x | 1.81x | CN¥46.15 Million |
| 2022 | 10.87% | 10.44% | 0.59x | 1.77x | CN¥13.61 Million |
| 2023 | 12.54% | 11.36% | 0.63x | 1.74x | CN¥43.91 Million |
| 2024 | 7.95% | 8.38% | 0.51x | 1.85x | CN¥-42.69 Million |
Industry Comparison
This section compares Hunan Oil Pump's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,881,043,646
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Oil Pump (603319) | CN¥2.50 Billion | 20.46% | 0.62x | $1.90 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $149.16 Million | 41.73% | 4.63x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.78 Billion | 7.81% | 0.91x | $8.06 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $2.30 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $36.86 Million | 0.00% | 2.57x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $718.30 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $214.90 Million | 5.52% | 0.47x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $319.83 Million | -26.00% | 1.36x | $793.62 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $436.87 Million | 11.97% | 0.48x | $1.66 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $498.43 Million | 3.21% | 1.20x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $515.59 Million | 31.51% | 1.08x | $3.42 Billion |
About Hunan Oil Pump
Hunan Meihu Intelligent Manufacturing Co., Ltd. engages in the manufacture and sale of oil pumps in China and internationally. The company's products comprising diesel/gasoline engine oil pumps, mechanical and electric control variable displacement oil pumps, fuel pumps, gearboxes, hydraulic pumps, cooling water pumps, transmission pumps, integrated module products, hardened reducers, and precisi… Read more