Wuxi Zhenhua Auto Parts Co. Ltd. (605319) - Net Assets
Based on the latest financial reports, Wuxi Zhenhua Auto Parts Co. Ltd. (605319) has net assets worth CN¥2.61 Billion CNY (≈ $382.58 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¥5.51 Billion ≈ $806.71 Million USD) and total liabilities (CN¥2.90 Billion ≈ $424.13 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 Wuxi Zhenhua Auto Parts Co. Ltd. (605319) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.61 Billion |
| % of Total Assets | 47.42% |
| Annual Growth Rate | 14.72% |
| 5-Year Change | 109.17% |
| 10-Year Change | N/A |
| Growth Volatility | 25.75 |
Wuxi Zhenhua Auto Parts Co. Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Wuxi Zhenhua Auto Parts Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 605319 asset base for the complete picture of this company's asset base.
Annual Net Assets for Wuxi Zhenhua Auto Parts Co. Ltd. (2016–2024)
The table below shows the annual net assets of Wuxi Zhenhua Auto Parts Co. Ltd. from 2016 to 2024. For live valuation and market cap data, see market value of Wuxi Zhenhua Auto Parts Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.44 Billion ≈ $356.48 Million |
+11.47% |
| 2023-12-31 | CN¥2.19 Billion ≈ $319.79 Million |
+20.71% |
| 2022-12-31 | CN¥1.81 Billion ≈ $264.92 Million |
+2.89% |
| 2021-12-31 | CN¥1.76 Billion ≈ $257.46 Million |
+51.07% |
| 2020-12-31 | CN¥1.16 Billion ≈ $170.43 Million |
+9.95% |
| 2019-12-31 | CN¥1.06 Billion ≈ $155.00 Million |
+11.10% |
| 2018-12-31 | CN¥953.43 Million ≈ $139.52 Million |
+60.51% |
| 2017-12-31 | CN¥594.01 Million ≈ $86.92 Million |
-26.86% |
| 2016-12-31 | CN¥812.20 Million ≈ $118.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wuxi Zhenhua Auto Parts 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 50.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.11 Billion | 45.38% |
| Common Stock | CN¥250.06 Million | 10.26% |
| Other Components | CN¥1.08 Billion | 44.35% |
| Total Equity | CN¥2.44 Billion | 100.00% |
Wuxi Zhenhua Auto Parts Co. Ltd. Competitors by Market Cap
The table below lists competitors of Wuxi Zhenhua Auto Parts Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inno Laser Technology Co. Ltd.
SHE:301021
|
$1.37 Billion |
|
ATAI Life Sciences BV
NASDAQ:ATAI
|
$1.37 Billion |
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
$1.37 Billion |
|
Anhui Shanying Paper Industry Co Ltd
SHG:600567
|
$1.37 Billion |
|
Borusan Yatirim ve Pazarlama AS
IS:BRYAT
|
$1.36 Billion |
|
Global Ship Lease Inc
NYSE:GSL
|
$1.36 Billion |
|
Guangzhou Risong Intelligent Technology Holding Co Ltd
SHG:688090
|
$1.36 Billion |
|
Kennedy-Wilson Holdings Inc
NYSE:KW
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi Zhenhua Auto Parts Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,185,379,360 to 2,436,112,475, a change of 250,733,115 (11.5%).
- Net income of 377,864,819 contributed positively to equity growth.
- Dividend payments of 171,193,762 reduced retained earnings.
- Share repurchases of 9,006,567 reduced equity.
- Other factors increased equity by 53,068,625.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥377.86 Million | +15.51% |
| Dividends Paid | CN¥171.19 Million | -7.03% |
| Share Repurchases | CN¥9.01 Million | -0.37% |
| Other Changes | CN¥53.07 Million | +2.18% |
| Total Change | CN¥- | 11.47% |
Book Value vs Market Value Analysis
This analysis compares Wuxi Zhenhua Auto Parts 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: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.69x to 2.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥15.76 | CN¥26.65 | x |
| 2017-12-31 | CN¥10.38 | CN¥26.65 | x |
| 2018-12-31 | CN¥6.76 | CN¥26.65 | x |
| 2019-12-31 | CN¥5.30 | CN¥26.65 | x |
| 2020-12-31 | CN¥5.82 | CN¥26.65 | x |
| 2021-12-31 | CN¥8.80 | CN¥26.65 | x |
| 2022-12-31 | CN¥9.05 | CN¥26.65 | x |
| 2023-12-31 | CN¥8.75 | CN¥26.65 | x |
| 2024-12-31 | CN¥9.89 | CN¥26.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi Zhenhua Auto Parts 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): 15.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.93%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.99x
- Recent ROE (15.51%) is above the historical average (10.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 17.77% | 12.35% | 0.87x | 1.65x | CN¥63.09 Million |
| 2017 | 13.97% | 5.65% | 0.80x | 3.09x | CN¥23.59 Million |
| 2018 | 9.77% | 6.10% | 0.78x | 2.05x | CN¥-2.24 Million |
| 2019 | 9.99% | 6.74% | 0.66x | 2.26x | CN¥-118.43K |
| 2020 | 9.05% | 7.44% | 0.54x | 2.23x | CN¥-11.04 Million |
| 2021 | 5.17% | 5.75% | 0.51x | 1.77x | CN¥-84.95 Million |
| 2022 | 4.47% | 4.63% | 0.52x | 1.85x | CN¥-100.12 Million |
| 2023 | 12.69% | 11.97% | 0.51x | 2.09x | CN¥58.70 Million |
| 2024 | 15.51% | 14.93% | 0.52x | 1.99x | CN¥134.25 Million |
Industry Comparison
This section compares Wuxi Zhenhua Auto Parts Co. Ltd.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,881,043,646
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuxi Zhenhua Auto Parts Co. Ltd. (605319) | CN¥2.61 Billion | 17.77% | 1.11x | $1.37 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $149.16 Million | 41.73% | 4.63x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.78 Billion | 7.81% | 0.91x | $8.06 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $2.30 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $36.86 Million | 0.00% | 2.57x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $718.30 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $214.90 Million | 5.52% | 0.47x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $319.83 Million | -26.00% | 1.36x | $793.62 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $436.87 Million | 11.97% | 0.48x | $1.66 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $498.43 Million | 3.21% | 1.20x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $515.59 Million | 31.51% | 1.08x | $3.42 Billion |
About Wuxi Zhenhua Auto Parts Co. Ltd.
Wuxi Zhenhua Auto Parts Co.,Ltd. manufactures and sells auto parts in China. The company provides roof edge beam reinforcement plate assembly, roof cross beam assembly, pillar reinforcement plate assembly, front and rear wheel cover assembly, body hinge, rear part of the rear floor, front longitudinal beam assembly, rear longitudional beam assembly, fuel tank strap, and heat shield, reinforcement… Read more