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¥2.04 Billion CNY (≈ $298.57 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¥2.55 Billion ≈ $372.49 Million USD) and total liabilities (CN¥505.17 Million ≈ $73.92 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 CWB Automotive Electronics Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.04 Billion |
| % of Total Assets | 80.15% |
| Annual Growth Rate | 16.7% |
| 5-Year Change | 79.2% |
| 10-Year Change | N/A |
| Growth Volatility | 7.93 |
CWB Automotive Electronics Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how CWB Automotive Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CWB Automotive Electronics Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for CWB Automotive Electronics Co Ltd (2016–2024)
The table below shows the annual net assets of CWB Automotive Electronics Co Ltd from 2016 to 2024. For live valuation and market cap data, see 605005 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 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 156.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 53.62% |
| Common Stock | CN¥401.00 Million | 20.52% |
| Other Comprehensive Income | CN¥117.83 Million | 6.03% |
| Other Components | CN¥387.45 Million | 19.83% |
| Total Equity | CN¥1.95 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 |
|---|---|
|
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A
SHG:603135
|
$1.12 Billion |
|
Changzhou Tronly New Electronic Materials Co Ltd
SHE:300429
|
$1.12 Billion |
|
SANDUR MANGANESE AND IRON ORES LTD
NSE:SANDUMA
|
$1.12 Billion |
|
Zhejiang Wansheng Co Ltd
SHG:603010
|
$1.13 Billion |
|
Foshan Golden Milky Way Intelligent Equipment Co Ltd
SHE:300619
|
$1.12 Billion |
|
Wuhan LinControl Automotive Electronics Co. Ltd. A
SHG:688667
|
$1.12 Billion |
|
PROS Holdings Inc
NYSE:PRO
|
$1.12 Billion |
|
Jiangsu Riying Electns Co Ltd
SHG:603286
|
$1.12 Billion |
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 2023 to 2024, total equity changed from 1,767,568,511 to 1,954,184,480, a change of 186,615,969 (10.6%).
- Net income of 265,827,842 contributed positively to equity growth.
- Dividend payments of 83,116,994 reduced retained earnings.
- Other comprehensive income increased equity by 26,346,999.
- Other factors decreased equity by 22,441,878.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥265.83 Million | +13.6% |
| Dividends Paid | CN¥83.12 Million | -4.25% |
| Other Comprehensive Income | CN¥26.35 Million | +1.35% |
| Other Changes | CN¥-22.44 Million | -1.15% |
| Total Change | CN¥- | 10.56% |
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: 3.95x
- 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 14.11x to 3.95x 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¥19.15 | x |
| 2017-12-31 | CN¥1.70 | CN¥19.15 | x |
| 2018-12-31 | CN¥2.21 | CN¥19.15 | x |
| 2019-12-31 | CN¥2.31 | CN¥19.15 | x |
| 2020-12-31 | CN¥2.72 | CN¥19.15 | x |
| 2021-12-31 | CN¥3.58 | CN¥19.15 | x |
| 2022-12-31 | CN¥3.99 | CN¥19.15 | x |
| 2023-12-31 | CN¥4.39 | CN¥19.15 | x |
| 2024-12-31 | CN¥4.85 | CN¥19.15 | 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): 13.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.53%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.26x
- Recent ROE (13.60%) is below the historical average (16.00%), 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 |
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: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CWB Automotive Electronics Co Ltd (605005) | CN¥2.04 Billion | 20.52% | 0.25x | $1.12 Billion |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 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