Suzhou Jin Hong Shun Auto Parts Co Ltd Class A Net Assets
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A net assets. Based on the latest financial reports, Suzhou Jin Hong Shun Auto Parts Co Ltd Class A (603922) has net assets worth CN¥1.04 Billion CNY (≈ $152.11 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.35 Billion ≈ $196.88 Million USD) and total liabilities (CN¥305.98 Million ≈ $44.77 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 603922 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 77.26% |
| Annual Growth Rate | 6.58% |
| 5-Year Change | -1.91% |
| 10-Year Change | 154.45% |
| Growth Volatility | 34.4 |
Net Assets of Suzhou Jin Hong Shun Auto Parts Co Ltd Class A (2012–2024)
Net assets of Suzhou Jin Hong Shun Auto Parts Co Ltd Class A from 2012 to 2024. This chart illustrates how Suzhou Jin Hong Shun Auto Parts Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. See Suzhou Jin Hong Shun Auto Parts Co Ltd C (603922) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Suzhou Jin Hong Shun Auto Parts Co Ltd Class A (2012–2024)
The table below shows the annual net assets of Suzhou Jin Hong Shun Auto Parts Co Ltd Class A from 2012 to 2024. For live market cap and overall valuation, see Suzhou Jin Hong Shun Auto Parts Co Ltd C (603922) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.02 Billion ≈ $149.16 Million |
-1.18% |
| 2023-12-31 | CN¥1.03 Billion ≈ $150.95 Million |
-0.57% |
| 2022-12-31 | CN¥1.04 Billion ≈ $151.80 Million |
-1.74% |
| 2021-12-31 | CN¥1.06 Billion ≈ $154.49 Million |
+1.60% |
| 2020-12-31 | CN¥1.04 Billion ≈ $152.06 Million |
+0.73% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.95 Million |
-9.35% |
| 2018-12-31 | CN¥1.14 Billion ≈ $166.52 Million |
+2.18% |
| 2017-12-31 | CN¥1.11 Billion ≈ $162.98 Million |
+119.68% |
| 2016-12-31 | CN¥506.98 Million ≈ $74.19 Million |
+26.56% |
| 2015-12-31 | CN¥400.60 Million ≈ $58.62 Million |
+2.39% |
| 2014-12-31 | CN¥391.25 Million ≈ $57.25 Million |
-17.92% |
| 2013-12-31 | CN¥476.65 Million ≈ $69.75 Million |
+0.47% |
| 2012-12-31 | CN¥474.43 Million ≈ $69.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou Jin Hong Shun Auto Parts Co Ltd Class A'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 9.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A Net Assets Breakdown (December 2024)
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥130.57 Million | 12.81% |
| Common Stock | CN¥179.20 Million | 17.58% |
| Other Comprehensive Income | CN¥-666.35K | -0.07% |
| Other Components | CN¥710.21 Million | 69.68% |
| Total Equity | CN¥1.02 Billion | 100.00% |
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Suzhou Jin Hong Shun Auto Parts Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Ruihe Construction Decoration Co Ltd
SHE:002620
|
$254.65 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
$254.69 Million |
|
Lotus Technology Inc.
NASDAQ:LOT
|
$254.72 Million |
|
TechTarget, Inc. Common Stock
NASDAQ:TTGT
|
$254.72 Million |
|
Ingevec
SN:INGEVEC
|
$254.61 Million |
|
Brompton Split Banc Corp
TO:SBC
|
$254.59 Million |
|
Invalda INVL AB
STU:WTK
|
$254.57 Million |
|
WAWEL SA
WAR:WWL
|
$254.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Jin Hong Shun Auto Parts Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,031,576,183 to 1,019,315,712, a change of -12,260,471 (-1.2%).
- Net loss of 11,534,994 reduced equity.
- Dividend payments of 3,962,080 reduced retained earnings.
- Other comprehensive income decreased equity by 666,352.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-11.53 Million | -1.13% |
| Dividends Paid | CN¥3.96 Million | -0.39% |
| Other Comprehensive Income | CN¥-666.35K | -0.07% |
| Other Changes | CN¥3.90 Million | +0.38% |
| Total Change | CN¥- | -1.19% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Jin Hong Shun Auto Parts Co Ltd Class A'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: 1.83x
- 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 2.16x to 1.83x 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¥4.49 | CN¥9.71 | x |
| 2013-12-31 | CN¥4.61 | CN¥9.71 | x |
| 2014-12-31 | CN¥4.06 | CN¥9.71 | x |
| 2015-12-31 | CN¥4.18 | CN¥9.71 | x |
| 2016-12-31 | CN¥5.29 | CN¥9.71 | x |
| 2017-12-31 | CN¥10.70 | CN¥9.71 | x |
| 2018-12-31 | CN¥8.90 | CN¥9.71 | x |
| 2019-12-31 | CN¥8.06 | CN¥9.71 | x |
| 2020-12-31 | CN¥8.12 | CN¥9.71 | x |
| 2021-12-31 | CN¥8.25 | CN¥9.71 | x |
| 2022-12-31 | CN¥8.10 | CN¥9.71 | x |
| 2023-12-31 | CN¥8.48 | CN¥9.71 | x |
| 2024-12-31 | CN¥5.30 | CN¥9.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Jin Hong Shun Auto Parts Co Ltd Class A 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): -1.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.33%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.44x
- Recent ROE (-1.13%) is below the historical average (9.64%), 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 | 20.50% | 10.71% | 0.91x | 2.09x | CN¥49.83 Million |
| 2013 | 28.87% | 12.97% | 1.04x | 2.15x | CN¥89.96 Million |
| 2014 | 29.29% | 12.11% | 1.01x | 2.39x | CN¥75.47 Million |
| 2015 | 20.32% | 9.53% | 0.92x | 2.33x | CN¥41.35 Million |
| 2016 | 20.98% | 11.81% | 0.82x | 2.17x | CN¥55.69 Million |
| 2017 | 8.13% | 8.69% | 0.61x | 1.54x | CN¥-20.80 Million |
| 2018 | 4.94% | 5.26% | 0.65x | 1.44x | CN¥-57.56 Million |
| 2019 | -8.64% | -11.60% | 0.55x | 1.35x | CN¥-192.30 Million |
| 2020 | 0.73% | 1.61% | 0.39x | 1.17x | CN¥-96.34 Million |
| 2021 | 1.81% | 3.72% | 0.41x | 1.19x | CN¥-86.43 Million |
| 2022 | -1.15% | -2.31% | 0.41x | 1.21x | CN¥-115.67 Million |
| 2023 | 0.60% | 1.30% | 0.30x | 1.52x | CN¥-97.02 Million |
| 2024 | -1.13% | -1.33% | 0.59x | 1.44x | CN¥-113.47 Million |
Industry Comparison
This section compares Suzhou Jin Hong Shun Auto Parts Co Ltd Class A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,673,842,672
- Average return on equity (ROE) among peers: 7.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Jin Hong Shun Auto Parts Co Ltd Class A (603922) | CN¥1.04 Billion | 20.50% | 0.29x | $254.62 Million |
| FAWER Automotive Parts Ltd Co (000030) | $747.95 Million | 3.82% | 1.74x | $878.35 Million |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $6.11 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $16.47 Billion | 14.55% | 0.27x | $1.97 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.05 Billion | 4.62% | 2.03x | $923.61 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.51 Billion | 2.38% | 2.25x | $1.33 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-104.62 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.29% | 0.96x | $1.22 Billion |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $436.87 Million | 11.97% | 0.48x | $1.82 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $700.55 Million | 11.30% | 0.76x | $289.99 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $699.33 Million | 19.09% | 1.09x | $3.14 Billion |
About Suzhou Jin Hong Shun Auto Parts Co Ltd Class A
Suzhou Jin Hong Shun Auto Parts Co., Ltd., together with its subsidiaries, develops, produces, and sells automobile body and chassis stamping parts, and related molds in China and internationally. The company offers ultra-high strength body parts, body assemblies, special-shaped pipe fittings, lightweight material stamping parts, new energy battery box parts, chassis stamping parts and integrated… Read more