Eastern Pioneer Auto Driving S (603377) - Net Assets
Based on the latest financial reports, Eastern Pioneer Auto Driving S (603377) has net assets worth CN¥302.92 Million CNY (≈ $44.33 Million 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¥3.28 Billion ≈ $480.36 Million USD) and total liabilities (CN¥2.98 Billion ≈ $436.03 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. Also explore Eastern Pioneer Auto Driving S asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥302.92 Million |
| % of Total Assets | 9.23% |
| Annual Growth Rate | 1.61% |
| 5-Year Change | -84.56% |
| 10-Year Change | -80.21% |
| Growth Volatility | 41.22 |
Eastern Pioneer Auto Driving S - Net Assets Trend (2011–2025)
This chart illustrates how Eastern Pioneer Auto Driving S's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Eastern Pioneer Auto Driving S to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Eastern Pioneer Auto Driving S (2011–2025)
The table below shows the annual net assets of Eastern Pioneer Auto Driving S from 2011 to 2025. For live valuation and market cap data, see Eastern Pioneer Auto Driving S (603377) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥374.69 Million ≈ $54.83 Million |
-67.05% |
| 2024-12-31 | CN¥1.14 Billion ≈ $166.42 Million |
-44.51% |
| 2023-12-31 | CN¥2.05 Billion ≈ $299.93 Million |
-13.45% |
| 2022-12-31 | CN¥2.37 Billion ≈ $346.55 Million |
-2.40% |
| 2021-12-31 | CN¥2.43 Billion ≈ $355.07 Million |
-4.96% |
| 2020-12-31 | CN¥2.55 Billion ≈ $373.60 Million |
+18.61% |
| 2019-12-31 | CN¥2.15 Billion ≈ $315.00 Million |
+4.19% |
| 2018-12-31 | CN¥2.07 Billion ≈ $302.32 Million |
-5.79% |
| 2017-12-31 | CN¥2.19 Billion ≈ $320.91 Million |
+15.83% |
| 2016-12-31 | CN¥1.89 Billion ≈ $277.05 Million |
+114.85% |
| 2015-12-31 | CN¥881.25 Million ≈ $128.95 Million |
+18.07% |
| 2014-12-31 | CN¥746.37 Million ≈ $109.22 Million |
+21.28% |
| 2013-12-31 | CN¥615.42 Million ≈ $90.06 Million |
+35.45% |
| 2012-12-31 | CN¥454.35 Million ≈ $66.49 Million |
+51.62% |
| 2011-12-31 | CN¥299.67 Million ≈ $43.85 Million |
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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 2073.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.62 Billion | 2118.72% |
| Total Equity | CN¥76.60 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 |
|---|---|
|
HAXC Holdings (Beijing) Co. Ltd.
SHE:300928
|
$296.29 Million |
|
Zhejiang Yangfan New Materials Co Ltd
SHE:300637
|
$296.45 Million |
|
WCM Beteiligungs- und Grundbesitz-AG
F:WCMK
|
$296.45 Million |
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
$296.52 Million |
|
Galaxy Far East
TWO:6227
|
$296.15 Million |
|
Bangyan Technology Co. Ltd. A
SHG:688132
|
$296.04 Million |
|
InPlay Oil Corp
TO:IPO
|
$295.99 Million |
|
Dropsuite Ltd
AU:DSE
|
$295.92 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 2024 to 2025, total equity changed from 926,631,694 to 76,596,993, a change of -850,034,701 (-91.7%).
- Net loss of 745,433,155 reduced equity.
- Dividend payments of 5,073,865 reduced retained earnings.
- Other comprehensive income decreased equity by 404,472,304.
- Other factors increased equity by 304,944,623.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-745.43 Million | -973.19% |
| Dividends Paid | CN¥5.07 Million | -6.62% |
| Other Comprehensive Income | CN¥-404.47 Million | -528.05% |
| Other Changes | CN¥304.94 Million | +398.12% |
| Total Change | CN¥- | -91.73% |
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: 26.41x
- 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 6.96x to 26.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.41 | CN¥2.83 | x |
| 2012-12-31 | CN¥0.58 | CN¥2.83 | x |
| 2013-12-31 | CN¥0.82 | CN¥2.83 | x |
| 2014-12-31 | CN¥1.01 | CN¥2.83 | x |
| 2015-12-31 | CN¥1.21 | CN¥2.83 | x |
| 2016-12-31 | CN¥2.37 | CN¥2.83 | x |
| 2017-12-31 | CN¥2.47 | CN¥2.83 | x |
| 2018-12-31 | CN¥2.48 | CN¥2.83 | x |
| 2019-12-31 | CN¥2.53 | CN¥2.83 | x |
| 2020-12-31 | CN¥3.13 | CN¥2.83 | x |
| 2021-12-31 | CN¥2.98 | CN¥2.83 | x |
| 2022-12-31 | CN¥2.83 | CN¥2.83 | x |
| 2023-12-31 | CN¥2.51 | CN¥2.83 | x |
| 2024-12-31 | CN¥1.28 | CN¥2.83 | x |
| 2025-12-31 | CN¥0.11 | CN¥2.83 | 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): -973.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -120.64%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 43.64x
- Recent ROE (-973.19%) is below the historical average (-50.94%), 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 | 7.04% | 18.99% | 0.18x | 2.04x | CN¥-67.76 Million |
| 2021 | 7.04% | 12.71% | 0.25x | 2.20x | CN¥-63.94 Million |
| 2022 | -2.83% | -6.00% | 0.20x | 2.39x | CN¥-271.97 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 |
| 2025 | -973.19% | -120.64% | 0.18x | 43.64x | CN¥-753.09 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: $732,889,865
- Average return on equity (ROE) among peers: 10.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastern Pioneer Auto Driving S (603377) | CN¥302.92 Million | 58.44% | 9.84x | $296.27 Million |
| Xiamen Insight Investment Co Ltd (000526) | $157.63 Million | 1.25% | 0.27x | $633.04 Million |
| Offcn Education Technology Co Ltd (002607) | $1.89 Billion | 3.48% | 1.25x | $2.12 Billion |
| Qtone Education Group Guangdong Ltd (300359) | $793.48 Million | 1.16% | 0.65x | $417.04 Million |
| Chengdu Jafaantai Technology Co Ltd (300559) | $1.22 Billion | 10.73% | 0.17x | $685.17 Million |
| Shandong Astro-century Education&Technology Co Ltd (300654) | $162.68 Million | 18.58% | 1.08x | $669.69 Million |
| Nanjing University Environmental (300864) | $57.92 Million | 35.71% | 1.40x | $436.73 Million |
| Shanghai Xin Nanyang Co Ltd (600661) | $1.30 Billion | -20.48% | 1.43x | $407.99 Million |
| China Hi-Tech Group Co Ltd (600730) | $804.19 Million | -0.73% | 0.87x | $935.72 Million |
| Shanghai Action Education Technology CO.LTD. (605098) | $206.31 Million | 48.24% | 1.95x | $1.03 Billion |
About 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.