Guangdong Dcenti Auto-Parts Stock Ltd Co
Guangdong Dcenti Auto-Parts Stock Limited Company researches and develops, manufactures, and sells automotive aluminum alloy wheels and tires in China and internationally. It also engages in the production and sales of various motor vehicle wheels, tire sales, new energy lithium battery recycling business, and green food business. The company was formerly known as Stonewell International Corporat… Read more
Guangdong Dcenti Auto-Parts Stock Ltd Co (603335) - Net Assets
Latest net assets as of September 2025: CN¥327.36 Million CNY
Based on the latest financial reports, Guangdong Dcenti Auto-Parts Stock Ltd Co (603335) has net assets worth CN¥327.36 Million 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¥1.23 Billion) and total liabilities (CN¥903.09 Million). 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¥327.36 Million |
| % of Total Assets | 26.6% |
| Annual Growth Rate | 3.58% |
| 5-Year Change | -36.55% |
| 10-Year Change | 25.88% |
| Growth Volatility | 20.84 |
Guangdong Dcenti Auto-Parts Stock Ltd Co - Net Assets Trend (2012–2024)
This chart illustrates how Guangdong Dcenti Auto-Parts Stock Ltd Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangdong Dcenti Auto-Parts Stock Ltd Co (2012–2024)
The table below shows the annual net assets of Guangdong Dcenti Auto-Parts Stock Ltd Co from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥410.03 Million | -27.36% |
| 2023-12-31 | CN¥564.51 Million | -13.53% |
| 2022-12-31 | CN¥652.84 Million | -19.58% |
| 2021-12-31 | CN¥811.80 Million | +25.62% |
| 2020-12-31 | CN¥646.23 Million | +6.05% |
| 2019-12-31 | CN¥609.38 Million | +1.49% |
| 2018-12-31 | CN¥600.42 Million | +0.27% |
| 2017-12-31 | CN¥598.77 Million | +54.47% |
| 2016-12-31 | CN¥387.62 Million | +19.00% |
| 2015-12-31 | CN¥325.74 Million | +15.19% |
| 2014-12-31 | CN¥282.79 Million | +1.99% |
| 2013-12-31 | CN¥277.28 Million | +3.18% |
| 2012-12-31 | CN¥268.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Dcenti Auto-Parts Stock Ltd Co'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 decreased by 368.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥428.14 Million | 165.30% |
| Other Comprehensive Income | CN¥60.86 Million | 23.50% |
| Total Equity | CN¥259.02 Million | 100.00% |
Guangdong Dcenti Auto-Parts Stock Ltd Co Competitors by Market Cap
The table below lists competitors of Guangdong Dcenti Auto-Parts Stock Ltd Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kina Securities Ltd
AU:KSL
|
$180.23 Million |
|
CCP Contact Probe Co Ltd
TWO:6217
|
$180.23 Million |
|
Mishra Dhatu Nigam Limited
NSE:MIDHANI
|
$180.30 Million |
|
Fujian Tendering Co. Ltd.
SHE:301136
|
$180.34 Million |
|
Carlton Investments Ltd
AU:CIN
|
$180.09 Million |
|
Taiwan Tea Corp
TW:2913
|
$180.09 Million |
|
Strickland Metals Ltd
AU:STK
|
$180.04 Million |
|
Beijing Fjr Optoelectronic Technology Co Ltd
SHG:688272
|
$179.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Dcenti Auto-Parts Stock Ltd Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 401,804,209 to 259,015,100, a change of -142,789,109 (-35.5%).
- Net loss of 144,816,111 reduced equity.
- Dividend payments of 26,435,798 reduced retained earnings.
- Other comprehensive income increased equity by 2,027,001.
- Other factors increased equity by 26,435,799.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-144.82 Million | -55.91% |
| Dividends Paid | CN¥26.44 Million | -10.21% |
| Other Comprehensive Income | CN¥2.03 Million | +0.78% |
| Other Changes | CN¥26.44 Million | +10.21% |
| Total Change | CN¥- | -35.54% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Dcenti Auto-Parts Stock Ltd Co'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: 10.41x
- 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 increased from 5.53x to 10.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.15 | CN¥6.33 | x |
| 2013-12-31 | CN¥0.83 | CN¥6.33 | x |
| 2014-12-31 | CN¥0.76 | CN¥6.33 | x |
| 2015-12-31 | CN¥0.91 | CN¥6.33 | x |
| 2016-12-31 | CN¥1.06 | CN¥6.33 | x |
| 2017-12-31 | CN¥1.80 | CN¥6.33 | x |
| 2018-12-31 | CN¥1.82 | CN¥6.33 | x |
| 2019-12-31 | CN¥1.32 | CN¥6.33 | x |
| 2020-12-31 | CN¥1.40 | CN¥6.33 | x |
| 2021-12-31 | CN¥1.42 | CN¥6.33 | x |
| 2022-12-31 | CN¥1.19 | CN¥6.33 | x |
| 2023-12-31 | CN¥0.95 | CN¥6.33 | x |
| 2024-12-31 | CN¥0.61 | CN¥6.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Dcenti Auto-Parts Stock Ltd Co 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): -55.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.86%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 4.83x
- Recent ROE (-55.91%) is below the historical average (-0.29%), 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 | 19.11% | 7.87% | 1.29x | 1.88x | CN¥23.28 Million |
| 2013 | 9.97% | 4.95% | 0.80x | 2.52x | CN¥-75.72K |
| 2014 | 12.42% | 4.16% | 1.05x | 2.85x | CN¥6.03 Million |
| 2015 | 13.00% | 5.13% | 1.21x | 2.10x | CN¥8.72 Million |
| 2016 | 14.50% | 6.95% | 1.04x | 2.00x | CN¥15.57 Million |
| 2017 | 2.19% | 1.56% | 0.89x | 1.59x | CN¥-43.24 Million |
| 2018 | 2.42% | 1.70% | 0.99x | 1.43x | CN¥-42.37 Million |
| 2019 | 2.22% | 1.54% | 0.96x | 1.51x | CN¥-43.88 Million |
| 2020 | 10.01% | 6.16% | 1.16x | 1.40x | CN¥83.37K |
| 2021 | 10.07% | 4.69% | 0.97x | 2.21x | CN¥448.73K |
| 2022 | -6.71% | -2.03% | 1.02x | 3.24x | CN¥-84.90 Million |
| 2023 | -37.03% | -8.81% | 1.06x | 3.95x | CN¥-188.96 Million |
| 2024 | -55.91% | -13.86% | 0.83x | 4.83x | CN¥-170.72 Million |
Industry Comparison
This section compares Guangdong Dcenti Auto-Parts Stock Ltd Co's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Dcenti Auto-Parts Stock Ltd Co (603335) | CN¥327.36 Million | 19.11% | 2.76x | $180.17 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |