Huada Automotive Tech Corp Ltd (603358) - Net Assets
Based on the latest financial reports, Huada Automotive Tech Corp Ltd (603358) has net assets worth CN¥3.48 Billion CNY (≈ $509.01 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.38 Billion ≈ $1.08 Billion USD) and total liabilities (CN¥3.90 Billion ≈ $571.30 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 603358 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.48 Billion |
| % of Total Assets | 47.12% |
| Annual Growth Rate | 17.05% |
| 5-Year Change | 15.53% |
| 10-Year Change | 197.31% |
| Growth Volatility | 25.1 |
Huada Automotive Tech Corp Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Huada Automotive Tech Corp Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603358 market cap.
Annual Net Assets for Huada Automotive Tech Corp Ltd (2011–2025)
The table below shows the annual net assets of Huada Automotive Tech Corp Ltd from 2011 to 2025. Also explore Huada Automotive Tech Corp Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.75 Billion ≈ $548.15 Million |
+0.45% |
| 2024-12-31 | CN¥3.73 Billion ≈ $545.71 Million |
-0.51% |
| 2023-12-31 | CN¥3.75 Billion ≈ $548.49 Million |
+6.89% |
| 2022-12-31 | CN¥3.51 Billion ≈ $513.16 Million |
+8.16% |
| 2021-12-31 | CN¥3.24 Billion ≈ $474.46 Million |
+10.38% |
| 2020-12-31 | CN¥2.94 Billion ≈ $429.85 Million |
+5.48% |
| 2019-12-31 | CN¥2.78 Billion ≈ $407.52 Million |
+1.51% |
| 2018-12-31 | CN¥2.74 Billion ≈ $401.44 Million |
+8.34% |
| 2017-12-31 | CN¥2.53 Billion ≈ $370.56 Million |
+100.99% |
| 2016-12-31 | CN¥1.26 Billion ≈ $184.37 Million |
+22.44% |
| 2015-12-31 | CN¥1.03 Billion ≈ $150.58 Million |
+23.72% |
| 2014-12-31 | CN¥831.77 Million ≈ $121.71 Million |
+24.49% |
| 2013-12-31 | CN¥668.13 Million ≈ $97.77 Million |
+17.04% |
| 2012-12-31 | CN¥570.86 Million ≈ $83.53 Million |
+38.17% |
| 2011-12-31 | CN¥413.15 Million ≈ $60.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Huada Automotive Tech Corp 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 501.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.51 Billion | 40.77% |
| Other Components | CN¥2.19 Billion | 59.23% |
| Total Equity | CN¥3.69 Billion | 100.00% |
Huada Automotive Tech Corp Ltd Competitors by Market Cap
The table below lists competitors of Huada Automotive Tech Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hybio Pharmaceutical
SHE:300199
|
$3.05 Billion |
|
Elecnor S.A
MC:ENO
|
$3.05 Billion |
|
Easy Click Worldwide Network Technology Co. Ltd. A
SHE:301171
|
$3.05 Billion |
|
Aalberts Industries NV
AS:AALB
|
$3.05 Billion |
|
Maximus Inc
NYSE:MMS
|
$3.05 Billion |
|
Mr D I Y Group M Bhd
KLSE:5296
|
$3.05 Billion |
|
Jilin Aodong Pharmaceutical Group Co Ltd
SHE:000623
|
$3.04 Billion |
|
Walvax BioTech
SHE:300142
|
$3.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huada Automotive Tech Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,354,979,204 to 3,692,844,683, a change of 337,865,479 (10.1%).
- Net income of 253,540,898 contributed positively to equity growth.
- Dividend payments of 255,989,205 reduced retained earnings.
- Other comprehensive income decreased equity by 215,651,725.
- Other factors increased equity by 555,965,511.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥253.54 Million | +6.87% |
| Dividends Paid | CN¥255.99 Million | -6.93% |
| Other Comprehensive Income | CN¥-215.65 Million | -5.84% |
| Other Changes | CN¥555.97 Million | +15.06% |
| Total Change | CN¥- | 10.07% |
Book Value vs Market Value Analysis
This analysis compares Huada Automotive Tech Corp 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: 5.64x
- 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 35.33x to 5.64x 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¥1.25 | CN¥44.33 | x |
| 2012-12-31 | CN¥1.73 | CN¥44.33 | x |
| 2013-12-31 | CN¥2.03 | CN¥44.33 | x |
| 2014-12-31 | CN¥2.52 | CN¥44.33 | x |
| 2015-12-31 | CN¥3.12 | CN¥44.33 | x |
| 2016-12-31 | CN¥3.82 | CN¥44.33 | x |
| 2017-12-31 | CN¥5.75 | CN¥44.33 | x |
| 2018-12-31 | CN¥5.93 | CN¥44.33 | x |
| 2019-12-31 | CN¥6.04 | CN¥44.33 | x |
| 2020-12-31 | CN¥6.35 | CN¥44.33 | x |
| 2021-12-31 | CN¥6.86 | CN¥44.33 | x |
| 2022-12-31 | CN¥7.20 | CN¥44.33 | x |
| 2023-12-31 | CN¥7.65 | CN¥44.33 | x |
| 2024-12-31 | CN¥7.61 | CN¥44.33 | x |
| 2025-12-31 | CN¥7.86 | CN¥44.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huada Automotive Tech Corp 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): 6.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.08%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.96x
- Recent ROE (6.87%) is below the historical average (14.91%), 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 | 25.00% | 8.27% | 1.49x | 2.03x | CN¥61.99 Million |
| 2012 | 20.54% | 7.71% | 1.39x | 1.91x | CN¥60.17 Million |
| 2013 | 29.09% | 9.42% | 1.40x | 2.20x | CN¥127.57 Million |
| 2014 | 26.60% | 9.94% | 1.19x | 2.25x | CN¥138.06 Million |
| 2015 | 25.00% | 10.86% | 1.12x | 2.05x | CN¥154.38 Million |
| 2016 | 23.09% | 10.68% | 1.09x | 1.99x | CN¥164.89 Million |
| 2017 | 8.93% | 7.13% | 0.81x | 1.55x | CN¥-27.12 Million |
| 2018 | 7.95% | 5.08% | 0.86x | 1.82x | CN¥-53.22 Million |
| 2019 | 5.88% | 9.96% | 0.34x | 1.75x | CN¥-109.37 Million |
| 2020 | 8.21% | 5.53% | 0.81x | 1.82x | CN¥-49.94 Million |
| 2021 | 11.90% | 7.60% | 0.83x | 1.88x | CN¥57.24 Million |
| 2022 | 8.23% | 5.04% | 0.81x | 2.02x | CN¥-55.82 Million |
| 2023 | 9.68% | 6.05% | 0.79x | 2.01x | CN¥-10.86 Million |
| 2024 | 6.71% | 4.41% | 0.75x | 2.03x | CN¥-110.54 Million |
| 2025 | 6.87% | 5.08% | 0.69x | 1.96x | CN¥-115.74 Million |
Industry Comparison
This section compares Huada Automotive Tech Corp Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,049,123,028
- Average return on equity (ROE) among peers: 7.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huada Automotive Tech Corp Ltd (603358) | CN¥3.48 Billion | 25.00% | 1.12x | $3.05 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $116.97 Million | 5.53% | 11.30x | $971.32 Million |
| Wanxiang Qianchao Co Ltd (000559) | $1.86 Billion | 8.12% | 0.67x | $5.02 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $16.47 Billion | 14.55% | 0.27x | $2.09 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $643.09 Million | 12.97% | 1.20x | $966.83 Million |
| Qingdao Doublestar Co Ltd (000599) | $105.03 Million | 34.88% | 1.05x | $1.63 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $201.35 Million | -6.58% | 0.62x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $871.28 Million | -4.06% | 1.57x | $579.74 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.37 Billion | 13.37% | 1.95x | $1.48 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-1.09 Billion | 0.00% | 0.00x | $323.51 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-54.85 Million | 0.00% | 0.00x | $3.63 Billion |
About Huada Automotive Tech Corp Ltd
Huada Automotive Technology Corp.,Ltd manufactures and sells auto parts, fuel vehicle components, and new energy auto parts components in China and internationally. The company manufactures and sells passenger vehicle body parts, related molds, and new energy vehicle battery system components, including battery box trays, motor shafts, motor housings, and energy storage boxes. The company also of… Read more