CWB Automotive Electronics Co Ltd (605005) - Net Assets
Based on the latest financial reports, CWB Automotive Electronics Co Ltd (605005) has net assets worth CN¥2.13 Billion CNY (≈ $311.31 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¥2.69 Billion ≈ $393.04 Million USD) and total liabilities (CN¥558.55 Million ≈ $81.73 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 605005 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.13 Billion |
| % of Total Assets | 79.2% |
| Annual Growth Rate | 15.59% |
| 5-Year Change | 45.84% |
| 10-Year Change | N/A |
| Growth Volatility | 8.1 |
CWB Automotive Electronics Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how CWB Automotive Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. See CWB Automotive Electronics Co Ltd (605005) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CWB Automotive Electronics Co Ltd (2016–2025)
The table below shows the annual net assets of CWB Automotive Electronics Co Ltd from 2016 to 2025. For live valuation and market cap data, see 605005 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.09 Billion ≈ $306.07 Million |
+7.03% |
| 2024-12-31 | CN¥1.95 Billion ≈ $285.96 Million |
+10.56% |
| 2023-12-31 | CN¥1.77 Billion ≈ $258.65 Million |
+10.36% |
| 2022-12-31 | CN¥1.60 Billion ≈ $234.37 Million |
+11.68% |
| 2021-12-31 | CN¥1.43 Billion ≈ $209.86 Million |
+31.51% |
| 2020-12-31 | CN¥1.09 Billion ≈ $159.57 Million |
+17.88% |
| 2019-12-31 | CN¥925.10 Million ≈ $135.37 Million |
+16.54% |
| 2018-12-31 | CN¥793.84 Million ≈ $116.16 Million |
+27.86% |
| 2017-12-31 | CN¥620.86 Million ≈ $90.85 Million |
+9.31% |
| 2016-12-31 | CN¥567.96 Million ≈ $83.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CWB Automotive Electronics 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 grown by 181.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.15 Billion | 54.99% |
| Other Components | CN¥941.44 Million | 45.01% |
| Total Equity | CN¥2.09 Billion | 100.00% |
CWB Automotive Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of CWB Automotive Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hubei Jiuzhiyang Infrared System Co Ltd
SHE:300516
|
$955.08 Million |
|
Sweetgreen Inc
NYSE:SG
|
$955.13 Million |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
$955.16 Million |
|
Triveni Engineering & Industries Limited
NSE:TRIVENI
|
$955.32 Million |
|
Sichuan Jinshi Technology Co Ltd Class A
SHE:002951
|
$954.15 Million |
|
Dan Hotels
TA:DANH
|
$953.93 Million |
|
NanJing Pharmaceutical Co Ltd
SHG:600713
|
$953.86 Million |
|
Dios Fastigheter AB
ST:DIOS
|
$953.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CWB Automotive Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,954,184,480 to 2,091,628,642, a change of 137,444,162 (7.0%).
- Net income of 206,839,188 contributed positively to equity growth.
- Dividend payments of 82,839,749 reduced retained earnings.
- Other comprehensive income decreased equity by 117,826,854.
- Other factors increased equity by 131,271,578.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥206.84 Million | +9.89% |
| Dividends Paid | CN¥82.84 Million | -3.96% |
| Other Comprehensive Income | CN¥-117.83 Million | -5.63% |
| Other Changes | CN¥131.27 Million | +6.28% |
| Total Change | CN¥- | 7.03% |
Book Value vs Market Value Analysis
This analysis compares CWB Automotive Electronics 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: 3.12x
- 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 11.99x to 3.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.36 | CN¥16.27 | x |
| 2017-12-31 | CN¥1.70 | CN¥16.27 | x |
| 2018-12-31 | CN¥2.21 | CN¥16.27 | x |
| 2019-12-31 | CN¥2.31 | CN¥16.27 | x |
| 2020-12-31 | CN¥2.72 | CN¥16.27 | x |
| 2021-12-31 | CN¥3.58 | CN¥16.27 | x |
| 2022-12-31 | CN¥3.99 | CN¥16.27 | x |
| 2023-12-31 | CN¥4.39 | CN¥16.27 | x |
| 2024-12-31 | CN¥4.85 | CN¥16.27 | x |
| 2025-12-31 | CN¥5.22 | CN¥16.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CWB Automotive Electronics 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): 9.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.08%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.25x
- Recent ROE (9.89%) is below the historical average (15.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.52% | 15.70% | 0.86x | 1.51x | CN¥57.66 Million |
| 2017 | 25.55% | 14.41% | 0.87x | 2.05x | CN¥95.15 Million |
| 2018 | 14.51% | 9.61% | 0.93x | 1.63x | CN¥35.82 Million |
| 2019 | 14.22% | 11.17% | 0.92x | 1.39x | CN¥39.07 Million |
| 2020 | 17.40% | 15.79% | 0.83x | 1.33x | CN¥80.73 Million |
| 2021 | 13.60% | 13.71% | 0.79x | 1.25x | CN¥51.59 Million |
| 2022 | 11.89% | 13.03% | 0.74x | 1.24x | CN¥30.22 Million |
| 2023 | 12.75% | 13.52% | 0.72x | 1.30x | CN¥48.58 Million |
| 2024 | 13.60% | 15.53% | 0.70x | 1.26x | CN¥70.41 Million |
| 2025 | 9.89% | 11.08% | 0.71x | 1.25x | CN¥-2.32 Million |
Industry Comparison
This section compares CWB Automotive Electronics Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $4,521,607,784
- Average return on equity (ROE) among peers: -17.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CWB Automotive Electronics Co Ltd (605005) | CN¥2.13 Billion | 20.52% | 0.26x | $954.71 Million |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $78.67 Million | 125.00% | 0.63x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.26 Billion | 6.39% | 3.26x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $8.26 Billion | 10.96% | 1.03x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $4.51 Billion | 5.52% | 0.51x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $24.50 Billion | 1.27% | 1.96x | $7.89 Billion |
About CWB Automotive Electronics Co Ltd
CWB Automotive Electronics Co., Ltd. engaged in the research and development, production, and sales of automotive and consumer electronics components in China and internationally. The company offers automotive electronics, such as three electrical systems, active safety, vehicle power supply, signal connection, solder-free terminals, and data acquisition and transmission. It also provides consume… Read more