Shanghai Daimay Auto Interior
Shanghai Daimay Automotive Interior Co., Ltd engages in the research, development, and sale of passenger car components in China and internationally. The company offers interior parts for automotive roof systems and seat systems, including sun visors, headrests, roofs, central roof controllers, and other automotive interior products. Its products include headrest components, rare vanity, EPP part… Read more
Shanghai Daimay Auto Interior (603730) - Net Assets
Latest net assets as of September 2025: CN¥4.61 Billion CNY
Based on the latest financial reports, Shanghai Daimay Auto Interior (603730) has net assets worth CN¥4.61 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¥7.27 Billion) and total liabilities (CN¥2.66 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¥4.61 Billion |
| % of Total Assets | 63.42% |
| Annual Growth Rate | 17.23% |
| 5-Year Change | 23.51% |
| 10-Year Change | 294.25% |
| Growth Volatility | 25.86 |
Shanghai Daimay Auto Interior - Net Assets Trend (2011–2024)
This chart illustrates how Shanghai Daimay Auto Interior's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shanghai Daimay Auto Interior (2011–2024)
The table below shows the annual net assets of Shanghai Daimay Auto Interior from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.81 Billion | +6.57% |
| 2023-12-31 | CN¥4.52 Billion | +6.03% |
| 2022-12-31 | CN¥4.26 Billion | +6.96% |
| 2021-12-31 | CN¥3.98 Billion | +2.19% |
| 2020-12-31 | CN¥3.90 Billion | +4.19% |
| 2019-12-31 | CN¥3.74 Billion | +12.63% |
| 2018-12-31 | CN¥3.32 Billion | +7.37% |
| 2017-12-31 | CN¥3.09 Billion | +105.22% |
| 2016-12-31 | CN¥1.51 Billion | +23.44% |
| 2015-12-31 | CN¥1.22 Billion | +27.08% |
| 2014-12-31 | CN¥961.03 Million | +14.81% |
| 2013-12-31 | CN¥837.07 Million | +18.48% |
| 2012-12-31 | CN¥706.50 Million | +15.90% |
| 2011-12-31 | CN¥609.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Daimay Auto Interior'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 602.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.51 Billion | 52.13% |
| Common Stock | CN¥1.65 Billion | 34.33% |
| Other Comprehensive Income | CN¥572.08 Million | 11.88% |
| Other Components | CN¥80.07 Million | 1.66% |
| Total Equity | CN¥4.81 Billion | 100.00% |
Shanghai Daimay Auto Interior Competitors by Market Cap
The table below lists competitors of Shanghai Daimay Auto Interior ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Maixinlin Aviation Science & Technology Corp. A
SHG:688685
|
$523.76 Million |
|
VIRDY
PINK:VIRDY
|
$523.80 Million |
|
ASSET WORLD CORP PCL-NVDR
BK:AWC-R
|
$523.94 Million |
|
Luolai Home Textile Co Ltd
SHE:002293
|
$524.07 Million |
|
Ningbo Donly Co Ltd
SHE:002164
|
$523.61 Million |
|
IP Group Plc
PINK:IPZYF
|
$523.40 Million |
|
Oil Refineries Ltd
PINK:OILRF
|
$523.30 Million |
|
Elecom Co., Ltd.
PINK:ELCMF
|
$523.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Daimay Auto Interior's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,518,151,380 to 4,814,888,936, a change of 296,737,556 (6.6%).
- Net income of 802,180,223 contributed positively to equity growth.
- Dividend payments of 521,463,989 reduced retained earnings.
- Other comprehensive income increased equity by 91,539,008.
- Other factors decreased equity by 75,517,686.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥802.18 Million | +16.66% |
| Dividends Paid | CN¥521.46 Million | -10.83% |
| Other Comprehensive Income | CN¥91.54 Million | +1.9% |
| Other Changes | CN¥-75.52 Million | -1.57% |
| Total Change | CN¥- | 6.57% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Daimay Auto Interior'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: 3.16x
- 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 8.70x to 3.16x 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¥1.05 | CN¥9.10 | x |
| 2012-12-31 | CN¥1.21 | CN¥9.10 | x |
| 2013-12-31 | CN¥1.45 | CN¥9.10 | x |
| 2014-12-31 | CN¥0.82 | CN¥9.10 | x |
| 2015-12-31 | CN¥1.06 | CN¥9.10 | x |
| 2016-12-31 | CN¥1.31 | CN¥9.10 | x |
| 2017-12-31 | CN¥2.56 | CN¥9.10 | x |
| 2018-12-31 | CN¥2.54 | CN¥9.10 | x |
| 2019-12-31 | CN¥2.94 | CN¥9.10 | x |
| 2020-12-31 | CN¥3.06 | CN¥9.10 | x |
| 2021-12-31 | CN¥3.13 | CN¥9.10 | x |
| 2022-12-31 | CN¥3.35 | CN¥9.10 | x |
| 2023-12-31 | CN¥2.71 | CN¥9.10 | x |
| 2024-12-31 | CN¥2.88 | CN¥9.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Daimay Auto Interior 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): 16.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.58%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.53x
- Recent ROE (16.66%) is below the historical average (19.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 29.15% | 13.99% | 0.97x | 2.15x | CN¥115.15 Million |
| 2012 | 20.44% | 10.21% | 1.02x | 1.96x | CN¥73.02 Million |
| 2013 | 23.57% | 11.44% | 1.04x | 1.98x | CN¥112.74 Million |
| 2014 | 23.85% | 11.41% | 1.07x | 1.95x | CN¥132.34 Million |
| 2015 | 26.04% | 13.65% | 1.04x | 1.84x | CN¥195.42 Million |
| 2016 | 29.54% | 16.20% | 1.07x | 1.70x | CN¥294.03 Million |
| 2017 | 18.82% | 17.92% | 0.85x | 1.23x | CN¥272.70 Million |
| 2018 | 16.81% | 13.06% | 0.83x | 1.55x | CN¥226.18 Million |
| 2019 | 16.73% | 12.98% | 0.91x | 1.41x | CN¥251.57 Million |
| 2020 | 10.09% | 9.95% | 0.72x | 1.41x | CN¥3.69 Million |
| 2021 | 10.44% | 9.89% | 0.80x | 1.32x | CN¥17.67 Million |
| 2022 | 13.37% | 11.07% | 0.88x | 1.37x | CN¥143.68 Million |
| 2023 | 14.47% | 11.16% | 0.85x | 1.53x | CN¥202.16 Million |
| 2024 | 16.66% | 12.58% | 0.86x | 1.53x | CN¥320.69 Million |
Industry Comparison
This section compares Shanghai Daimay Auto Interior's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,350,100,516
- Average return on equity (ROE) among peers: 1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Daimay Auto Interior (603730) | CN¥4.61 Billion | 29.15% | 0.58x | $523.68 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.47 Billion | 0.00% | 0.00x | $357.04 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $2.55 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.53 Billion | 7.20% | 0.77x | $1.94 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.00 Billion | 2.41% | 2.13x | $795.51 Million |
| Qingdao Doublestar Co Ltd (000599) | $2.38 Billion | -29.03% | 3.14x | $451.93 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $222.30 Million | 0.00% | 0.68x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $541.12 Million | -10.38% | 0.80x | $634.11 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.41 Billion | 12.25% | 0.89x | $946.59 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.79 Billion | 4.84% | 0.58x | $233.01 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $1.97 Billion | 26.21% | 0.98x | $2.06 Billion |