Nanjing Chervon Auto Precision Technology Co Ltd (603982) - Net Assets
Based on the latest financial reports, Nanjing Chervon Auto Precision Technology Co Ltd (603982) has net assets worth CN¥2.15 Billion CNY (≈ $314.91 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¥6.96 Billion ≈ $1.02 Billion USD) and total liabilities (CN¥4.81 Billion ≈ $703.92 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. Check 603982 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.15 Billion |
| % of Total Assets | 30.91% |
| Annual Growth Rate | 21.9% |
| 5-Year Change | 18.74% |
| 10-Year Change | 529.67% |
| Growth Volatility | 32.94 |
Nanjing Chervon Auto Precision Technology Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Nanjing Chervon Auto Precision Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 603982 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Nanjing Chervon Auto Precision Technology Co Ltd (2014–2024)
The table below shows the annual net assets of Nanjing Chervon Auto Precision Technology Co Ltd from 2014 to 2024. For live valuation and market cap data, see how much is Nanjing Chervon Auto Precision Technolog worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.85 Billion ≈ $271.01 Million |
-19.86% |
| 2023-12-31 | CN¥2.31 Billion ≈ $338.17 Million |
-18.98% |
| 2022-12-31 | CN¥2.85 Billion ≈ $417.41 Million |
+55.58% |
| 2021-12-31 | CN¥1.83 Billion ≈ $268.29 Million |
+17.55% |
| 2020-12-31 | CN¥1.56 Billion ≈ $228.24 Million |
+6.49% |
| 2019-12-31 | CN¥1.46 Billion ≈ $214.33 Million |
+58.09% |
| 2018-12-31 | CN¥926.47 Million ≈ $135.57 Million |
+10.98% |
| 2017-12-31 | CN¥834.84 Million ≈ $122.16 Million |
+56.13% |
| 2016-12-31 | CN¥534.71 Million ≈ $78.24 Million |
+81.79% |
| 2015-12-31 | CN¥294.13 Million ≈ $43.04 Million |
+15.10% |
| 2014-12-31 | CN¥255.54 Million ≈ $37.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nanjing Chervon Auto Precision Technology Co Ltd'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 1413.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥272.35 Million | 14.71% |
| Other Components | CN¥2.40 Billion | 129.49% |
| Total Equity | CN¥1.85 Billion | 100.00% |
Nanjing Chervon Auto Precision Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Chervon Auto Precision Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunlour Pigment CO.LTD.
SHE:301036
|
$423.34 Million |
|
TCI Co Ltd
TWO:8436
|
$423.51 Million |
|
Cafe24 Corp
KQ:042000
|
$423.56 Million |
|
Stitch Fix
NASDAQ:SFIX
|
$423.57 Million |
|
Mattr Corp
TO:MATR
|
$423.03 Million |
|
Invivyd Inc.
NASDAQ:IVVD
|
$422.98 Million |
|
Dk Tech Co.Ltd
KQ:290550
|
$422.90 Million |
|
Fiverr International Ltd
NYSE:FVRR
|
$422.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Chervon Auto Precision Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,310,981,285 to 1,852,044,463, a change of -458,936,822 (-19.9%).
- Net loss of 516,745,137 reduced equity.
- Dividend payments of 102,907,287 reduced retained earnings.
- Other factors increased equity by 160,715,602.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-516.75 Million | -27.9% |
| Dividends Paid | CN¥102.91 Million | -5.56% |
| Other Changes | CN¥160.72 Million | +8.68% |
| Total Change | CN¥- | -19.86% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Chervon Auto Precision Technology Co Ltd'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: 1.12x
- 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 1.54x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥5.14 | CN¥7.92 | x |
| 2015-12-31 | CN¥4.19 | CN¥7.92 | x |
| 2016-12-31 | CN¥5.13 | CN¥7.92 | x |
| 2017-12-31 | CN¥5.78 | CN¥7.92 | x |
| 2018-12-31 | CN¥6.18 | CN¥7.92 | x |
| 2019-12-31 | CN¥8.08 | CN¥7.92 | x |
| 2020-12-31 | CN¥7.79 | CN¥7.92 | x |
| 2021-12-31 | CN¥8.84 | CN¥7.92 | x |
| 2022-12-31 | CN¥13.86 | CN¥7.92 | x |
| 2023-12-31 | CN¥8.80 | CN¥7.92 | x |
| 2024-12-31 | CN¥7.08 | CN¥7.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Chervon Auto Precision Technology Co Ltd 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): -27.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.43%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.62x
- Recent ROE (-27.90%) is below the historical average (1.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.91% | 5.40% | 1.04x | 1.94x | CN¥2.33 Million |
| 2015 | 13.12% | 6.53% | 1.08x | 1.86x | CN¥9.18 Million |
| 2016 | 10.34% | 7.90% | 0.84x | 1.55x | CN¥1.81 Million |
| 2017 | 9.00% | 8.14% | 0.68x | 1.63x | CN¥-8.36 Million |
| 2018 | 9.89% | 7.62% | 0.63x | 2.04x | CN¥-1.01 Million |
| 2019 | 5.86% | 6.87% | 0.59x | 1.45x | CN¥-60.57 Million |
| 2020 | 7.75% | 8.73% | 0.62x | 1.43x | CN¥-35.03 Million |
| 2021 | 6.65% | 7.55% | 0.46x | 1.90x | CN¥-61.47 Million |
| 2022 | -5.41% | -8.85% | 0.28x | 2.21x | CN¥-439.59 Million |
| 2023 | -24.43% | -26.44% | 0.31x | 2.94x | CN¥-795.62 Million |
| 2024 | -27.90% | -22.43% | 0.34x | 3.62x | CN¥-701.95 Million |
Industry Comparison
This section compares Nanjing Chervon Auto Precision Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,241,212,649
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Chervon Auto Precision Technology Co Ltd (603982) | CN¥2.15 Billion | 10.91% | 2.24x | $423.16 Million |
| FAWER Automotive Parts Ltd Co (000030) | $4.25 Billion | 12.78% | 0.67x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $8.58 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $10.00 Billion | 11.08% | 0.31x | $2.32 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $810.12 Million | -9.29% | 1.97x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $707.54 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $176.30 Million | 2.76% | 1.99x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.29% | 0.96x | $907.28 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.95 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $572.87 Million | 4.59% | 0.74x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-57.93 Million | 0.00% | 0.00x | $3.58 Billion |
About Nanjing Chervon Auto Precision Technology Co Ltd
Nanjing Chervon Auto Precision Technology Co., Ltd. engages in the research and development, production, and sale of automotive components for use in middle and high-end cars in China and internationally. It offers engine components, including sprocket, throttle body, turbo housing, and EGR housing; transmission products comprising transfer case housing, ring gear, spline shaft, gear, and valve b… Read more