Chongqing QinAn M&E PLC (603758) - Net Assets
Based on the latest financial reports, Chongqing QinAn M&E PLC (603758) has net assets worth CN¥2.60 Billion CNY (≈ $380.18 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¥3.86 Billion ≈ $565.05 Million USD) and total liabilities (CN¥1.26 Billion ≈ $184.87 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 how large is Chongqing QinAn M&E PLC's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.60 Billion |
| % of Total Assets | 67.28% |
| Annual Growth Rate | 11.84% |
| 5-Year Change | -2.92% |
| 10-Year Change | 55.56% |
| Growth Volatility | 18.07 |
Chongqing QinAn M&E PLC - Net Assets Trend (2012–2025)
This chart illustrates how Chongqing QinAn M&E PLC's net assets have evolved over time, based on quarterly financial data. Check Chongqing QinAn M&E PLC tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Chongqing QinAn M&E PLC (2012–2025)
The table below shows the annual net assets of Chongqing QinAn M&E PLC from 2012 to 2025. For live valuation and market cap data, see Chongqing QinAn M&E PLC (603758) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.57 Billion ≈ $376.73 Million |
+7.99% |
| 2024-12-31 | CN¥2.38 Billion ≈ $348.87 Million |
-7.94% |
| 2023-12-31 | CN¥2.59 Billion ≈ $378.94 Million |
-2.71% |
| 2022-12-31 | CN¥2.66 Billion ≈ $389.50 Million |
+0.37% |
| 2021-12-31 | CN¥2.65 Billion ≈ $388.06 Million |
+0.88% |
| 2020-12-31 | CN¥2.63 Billion ≈ $384.66 Million |
+6.72% |
| 2019-12-31 | CN¥2.46 Billion ≈ $360.45 Million |
+5.37% |
| 2018-12-31 | CN¥2.34 Billion ≈ $342.07 Million |
-4.91% |
| 2017-12-31 | CN¥2.46 Billion ≈ $359.73 Million |
+48.54% |
| 2016-12-31 | CN¥1.66 Billion ≈ $242.18 Million |
+15.13% |
| 2015-12-31 | CN¥1.44 Billion ≈ $210.35 Million |
+45.98% |
| 2014-12-31 | CN¥984.67 Million ≈ $144.09 Million |
+27.09% |
| 2013-12-31 | CN¥774.79 Million ≈ $113.38 Million |
+28.95% |
| 2012-12-31 | CN¥600.86 Million ≈ $87.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chongqing QinAn M&E PLC'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 457.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.24 Billion | 48.16% |
| Other Components | CN¥1.33 Billion | 51.84% |
| Total Equity | CN¥2.57 Billion | 100.00% |
Chongqing QinAn M&E PLC Competitors by Market Cap
The table below lists competitors of Chongqing QinAn M&E PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reitir fasteignafélag hf
IC:REITIR
|
$673.08 Million |
|
Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434
|
$673.12 Million |
|
President Bakery Public Company Limited
BK:PB
|
$673.25 Million |
|
Newcapec Electronics Co Ltd
SHE:300248
|
$673.35 Million |
|
Mengtian Home Group Inc.
SHG:603216
|
$672.91 Million |
|
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A
SHG:688210
|
$672.89 Million |
|
Jiangsu Huaxicun Co Ltd
SHE:000936
|
$672.89 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
$672.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing QinAn M&E PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,384,111,861 to 2,570,904,969, a change of 186,793,108 (7.8%).
- Net income of 149,416,466 contributed positively to equity growth.
- Dividend payments of 128,284,245 reduced retained earnings.
- Other comprehensive income decreased equity by 265,945,820.
- Other factors increased equity by 431,606,706.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥149.42 Million | +5.81% |
| Dividends Paid | CN¥128.28 Million | -4.99% |
| Other Comprehensive Income | CN¥-265.95 Million | -10.34% |
| Other Changes | CN¥431.61 Million | +16.79% |
| Total Change | CN¥- | 7.83% |
Book Value vs Market Value Analysis
This analysis compares Chongqing QinAn M&E PLC'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: 1.79x
- 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 5.98x to 1.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.75 | CN¥10.48 | x |
| 2013-12-31 | CN¥2.23 | CN¥10.48 | x |
| 2014-12-31 | CN¥2.81 | CN¥10.48 | x |
| 2015-12-31 | CN¥3.84 | CN¥10.48 | x |
| 2016-12-31 | CN¥4.34 | CN¥10.48 | x |
| 2017-12-31 | CN¥5.88 | CN¥10.48 | x |
| 2018-12-31 | CN¥5.51 | CN¥10.48 | x |
| 2019-12-31 | CN¥5.64 | CN¥10.48 | x |
| 2020-12-31 | CN¥5.93 | CN¥10.48 | x |
| 2021-12-31 | CN¥6.21 | CN¥10.48 | x |
| 2022-12-31 | CN¥6.32 | CN¥10.48 | x |
| 2023-12-31 | CN¥5.96 | CN¥10.48 | x |
| 2024-12-31 | CN¥5.52 | CN¥10.48 | x |
| 2025-12-31 | CN¥5.86 | CN¥10.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing QinAn M&E PLC 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): 5.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.05%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.52x
- Recent ROE (5.81%) is below the historical average (10.42%), 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 | 15.97% | 12.67% | 0.62x | 2.03x | CN¥35.90 Million |
| 2013 | 22.45% | 18.14% | 0.69x | 1.80x | CN¥96.44 Million |
| 2014 | 21.32% | 20.32% | 0.56x | 1.88x | CN¥111.42 Million |
| 2015 | 17.17% | 21.02% | 0.52x | 1.58x | CN¥103.14 Million |
| 2016 | 13.14% | 18.13% | 0.51x | 1.43x | CN¥52.04 Million |
| 2017 | 7.65% | 15.38% | 0.46x | 1.08x | CN¥-57.77 Million |
| 2018 | -2.72% | -9.41% | 0.27x | 1.07x | CN¥-297.42 Million |
| 2019 | 4.79% | 19.80% | 0.22x | 1.08x | CN¥-128.35 Million |
| 2020 | 12.32% | 35.52% | 0.31x | 1.12x | CN¥61.12 Million |
| 2021 | 3.87% | 7.22% | 0.46x | 1.16x | CN¥-162.68 Million |
| 2022 | 6.81% | 14.35% | 0.40x | 1.20x | CN¥-84.95 Million |
| 2023 | 10.07% | 14.99% | 0.55x | 1.22x | CN¥1.76 Million |
| 2024 | 7.25% | 10.80% | 0.55x | 1.21x | CN¥-65.55 Million |
| 2025 | 5.81% | 11.05% | 0.35x | 1.52x | CN¥-107.67 Million |
Industry Comparison
This section compares Chongqing QinAn M&E PLC's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,524,575,725
- Average return on equity (ROE) among peers: -2.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing QinAn M&E PLC (603758) | CN¥2.60 Billion | 15.97% | 0.49x | $672.92 Million |
| FAWER Automotive Parts Ltd Co (000030) | $4.76 Billion | 13.15% | 0.53x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $5.45 Billion | 9.84% | 1.21x | $5.71 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.66 Billion | 7.97% | 0.20x | $2.02 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $9.12 Billion | 6.80% | 1.04x | $980.48 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.44 Billion | 18.52% | 1.99x | $1.62 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-142.94 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $290.76 Million | 20.20% | 0.93x | $593.19 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $3.10 Billion | 8.12% | 0.91x | $1.58 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-733.97 Million | 0.00% | 0.00x | $318.05 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $295.49 Million | -106.26% | 4.45x | $3.72 Billion |
About Chongqing QinAn M&E PLC
Chongqing Qin'an M&E PLC., together with its subsidiary, engages in the research, development, production and sales of core components of automobile engines, key components of transmissions, new energy hybrid drive systems and other products in China. It offers automobile engine, including cylinder blocks, cylinder heads, and crankshafts; transmission key components, such as housings, shells and … Read more