Eastern Pioneer Auto Driving S
Eastern Pioneer Driving School Co., Ltd provides motor vehicle and civil aircraft driving training services in China. It provides driving and flight training; agency; rental; catering; and accommodation services. The company was founded in 2005 and is headquartered in Beijing, China.
Eastern Pioneer Auto Driving S (603377) - Net Assets
Latest net assets as of September 2025: CN¥1.01 Billion CNY
Based on the latest financial reports, Eastern Pioneer Auto Driving S (603377) has net assets worth CN¥1.01 Billion 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¥3.81 Billion) and total liabilities (CN¥2.80 Billion). 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¥1.01 Billion |
| % of Total Assets | 26.48% |
| Annual Growth Rate | 10.8% |
| 5-Year Change | -55.46% |
| 10-Year Change | 29.05% |
| Growth Volatility | 36.56 |
Eastern Pioneer Auto Driving S - Net Assets Trend (2011–2024)
This chart illustrates how Eastern Pioneer Auto Driving S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eastern Pioneer Auto Driving S (2011–2024)
The table below shows the annual net assets of Eastern Pioneer Auto Driving S from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.14 Billion | -44.51% |
| 2023-12-31 | CN¥2.05 Billion | -13.45% |
| 2022-12-31 | CN¥2.37 Billion | -2.40% |
| 2021-12-31 | CN¥2.43 Billion | -4.96% |
| 2020-12-31 | CN¥2.55 Billion | +18.61% |
| 2019-12-31 | CN¥2.15 Billion | +4.19% |
| 2018-12-31 | CN¥2.07 Billion | -5.79% |
| 2017-12-31 | CN¥2.19 Billion | +15.83% |
| 2016-12-31 | CN¥1.89 Billion | +114.85% |
| 2015-12-31 | CN¥881.25 Million | +18.07% |
| 2014-12-31 | CN¥746.37 Million | +21.28% |
| 2013-12-31 | CN¥615.42 Million | +35.45% |
| 2012-12-31 | CN¥454.35 Million | +51.62% |
| 2011-12-31 | CN¥299.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eastern Pioneer Auto Driving S'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 987.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥720.77 Million | 77.78% |
| Other Comprehensive Income | CN¥404.47 Million | 43.65% |
| Other Components | CN¥497.01 Million | 53.64% |
| Total Equity | CN¥926.63 Million | 100.00% |
Eastern Pioneer Auto Driving S Competitors by Market Cap
The table below lists competitors of Eastern Pioneer Auto Driving S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Batu Kawan Bhd
KLSE:1899
|
$248.59 Million |
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
|
$248.60 Million |
|
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
|
$248.68 Million |
|
Shanghai Xujiahui Commercial Co Ltd
SHE:002561
|
$248.72 Million |
|
Adecoagro SA
NYSE:AGRO
|
$248.53 Million |
|
Arbonia AG
SW:ARBN
|
$248.51 Million |
|
Guangdong Hongteo Accurate Technology Co Ltd
SHE:300176
|
$248.51 Million |
|
Almendral
SN:ALMENDRAL
|
$248.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastern Pioneer Auto Driving S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,819,121,303 to 926,631,694, a change of -892,489,609 (-49.1%).
- Net loss of 902,556,459 reduced equity.
- Dividend payments of 32,086,833 reduced retained earnings.
- Other comprehensive income increased equity by 390,564,912.
- Other factors decreased equity by 348,411,229.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-902.56 Million | -97.4% |
| Dividends Paid | CN¥32.09 Million | -3.46% |
| Other Comprehensive Income | CN¥390.56 Million | +42.15% |
| Other Changes | CN¥-348.41 Million | -37.6% |
| Total Change | CN¥- | -49.06% |
Book Value vs Market Value Analysis
This analysis compares Eastern Pioneer Auto Driving S'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: 2.92x
- 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 9.22x to 2.92x 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¥0.41 | CN¥3.75 | x |
| 2012-12-31 | CN¥0.58 | CN¥3.75 | x |
| 2013-12-31 | CN¥0.82 | CN¥3.75 | x |
| 2014-12-31 | CN¥1.01 | CN¥3.75 | x |
| 2015-12-31 | CN¥1.21 | CN¥3.75 | x |
| 2016-12-31 | CN¥2.37 | CN¥3.75 | x |
| 2017-12-31 | CN¥2.47 | CN¥3.75 | x |
| 2018-12-31 | CN¥2.48 | CN¥3.75 | x |
| 2019-12-31 | CN¥2.53 | CN¥3.75 | x |
| 2020-12-31 | CN¥2.60 | CN¥3.75 | x |
| 2021-12-31 | CN¥3.08 | CN¥3.75 | x |
| 2022-12-31 | CN¥3.02 | CN¥3.75 | x |
| 2023-12-31 | CN¥2.51 | CN¥3.75 | x |
| 2024-12-31 | CN¥1.28 | CN¥3.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastern Pioneer Auto Driving S 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): -97.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -111.79%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 4.33x
- Recent ROE (-97.40%) is below the historical average (14.89%), 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 | 58.44% | 29.59% | 0.66x | 2.97x | CN¥121.83 Million |
| 2012 | 53.48% | 27.56% | 0.67x | 2.90x | CN¥155.65 Million |
| 2013 | 52.37% | 27.84% | 0.69x | 2.73x | CN¥215.50 Million |
| 2014 | 51.97% | 25.40% | 0.76x | 2.70x | CN¥263.50 Million |
| 2015 | 43.68% | 24.80% | 0.79x | 2.22x | CN¥253.74 Million |
| 2016 | 15.09% | 21.29% | 0.44x | 1.61x | CN¥82.91 Million |
| 2017 | 13.51% | 20.03% | 0.37x | 1.82x | CN¥61.03 Million |
| 2018 | 12.77% | 21.25% | 0.26x | 2.29x | CN¥48.49 Million |
| 2019 | 13.85% | 21.93% | 0.25x | 2.53x | CN¥67.88 Million |
| 2020 | 7.02% | 18.93% | 0.18x | 2.04x | CN¥-68.22 Million |
| 2021 | 6.18% | 11.16% | 0.25x | 2.20x | CN¥-82.52 Million |
| 2022 | -2.67% | -5.65% | 0.20x | 2.39x | CN¥-268.48 Million |
| 2023 | -19.89% | -34.70% | 0.22x | 2.65x | CN¥-543.65 Million |
| 2024 | -97.40% | -111.79% | 0.20x | 4.33x | CN¥-995.22 Million |
Industry Comparison
This section compares Eastern Pioneer Auto Driving S's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $347,299,423
- Average return on equity (ROE) among peers: 12.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastern Pioneer Auto Driving S (603377) | CN¥1.01 Billion | 58.44% | 2.78x | $248.54 Million |
| Xiamen Insight Investment Co Ltd (000526) | $144.51 Million | 3.45% | 0.42x | $408.37 Million |
| Offcn Education Technology Co Ltd (002607) | $208.39 Million | 19.18% | 2.52x | $2.32 Billion |
| Qtone Education Group Guangdong Ltd (300359) | $184.77 Million | 23.65% | 0.09x | $272.91 Million |
| COL Digital Publishing Group Co Ltd (300364) | $301.91 Million | 15.29% | 0.43x | $2.20 Billion |
| Shandong Astro-century Education&Technology Co Ltd (300654) | $215.99 Million | 15.71% | 1.01x | $259.11 Million |
| Nanjing University Environmental (300864) | $1.35 Billion | 12.35% | 0.48x | $128.47 Million |
| Shanghai Xin Nanyang Co Ltd (600661) | $428.43 Million | -7.61% | 1.31x | $196.28 Million |
| China Hi-Tech Group Co Ltd (600730) | $152.21 Million | 10.73% | 1.31x | $582.60 Million |
| Shanghai Action Education Technology CO.LTD. (605098) | $134.62 Million | 17.48% | 1.58x | $330.20 Million |