Shanghai W Ibeda High Tech Group Co Ltd (688071) - Net Assets
Based on the latest financial reports, Shanghai W Ibeda High Tech Group Co Ltd (688071) has net assets worth CN¥1.07 Billion CNY (≈ $155.93 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¥2.30 Billion ≈ $335.99 Million USD) and total liabilities (CN¥1.23 Billion ≈ $180.06 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 688071 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.07 Billion |
| % of Total Assets | 46.41% |
| Annual Growth Rate | 60.76% |
| 5-Year Change | 362.66% |
| 10-Year Change | N/A |
| Growth Volatility | 83.48 |
Shanghai W Ibeda High Tech Group Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Shanghai W Ibeda High Tech Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 688071 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shanghai W Ibeda High Tech Group Co Ltd (2017–2024)
The table below shows the annual net assets of Shanghai W Ibeda High Tech Group Co Ltd from 2017 to 2024. For live valuation and market cap data, see 688071 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥987.68 Million ≈ $144.53 Million |
-5.29% |
| 2023-12-31 | CN¥1.04 Billion ≈ $152.60 Million |
+105.91% |
| 2022-12-31 | CN¥506.44 Million ≈ $74.11 Million |
+8.57% |
| 2021-12-31 | CN¥466.46 Million ≈ $68.26 Million |
+118.50% |
| 2020-12-31 | CN¥213.48 Million ≈ $31.24 Million |
+26.69% |
| 2019-12-31 | CN¥168.50 Million ≈ $24.66 Million |
+251.50% |
| 2018-12-31 | CN¥47.94 Million ≈ $7.01 Million |
+34.72% |
| 2017-12-31 | CN¥35.58 Million ≈ $5.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai W Ibeda High Tech Group 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 12071819804.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥76.17 Million | 7.75% |
| Common Stock | CN¥84.79 Million | 8.63% |
| Other Comprehensive Income | CN¥4.20 Million | 0.43% |
| Other Components | CN¥817.66 Million | 83.20% |
| Total Equity | CN¥982.81 Million | 100.00% |
Shanghai W Ibeda High Tech Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai W Ibeda High Tech Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scibase AB
ST:SCIB
|
$463.21 Million |
|
Orange County Bancorp Inc
NASDAQ:OBT
|
$463.29 Million |
|
Jahen Household Products Co. Ltd.
SHE:300955
|
$463.45 Million |
|
Ningbo Gaofa Automotive Ctrl
SHG:603788
|
$463.51 Million |
|
GULF KEYSTONE PETR.
F:GVP1
|
$463.15 Million |
|
Compania General de Electricidad SA
SN:CGE
|
$463.08 Million |
|
Eastern & Oriental Bhd
KLSE:3417
|
$463.04 Million |
|
Jee Technology Co. Ltd. A
SHG:688162
|
$463.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai W Ibeda High Tech Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,038,941,196 to 982,812,562, a change of -56,128,634 (-5.4%).
- Net loss of 46,736,996 reduced equity.
- Dividend payments of 29,750,554 reduced retained earnings.
- Share repurchases of 7,605,624 reduced equity.
- Other comprehensive income increased equity by 4,191,391.
- Other factors increased equity by 23,773,149.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-46.74 Million | -4.76% |
| Dividends Paid | CN¥29.75 Million | -3.03% |
| Share Repurchases | CN¥7.61 Million | -0.77% |
| Other Comprehensive Income | CN¥4.19 Million | +0.43% |
| Other Changes | CN¥23.77 Million | +2.42% |
| Total Change | CN¥- | -5.40% |
Book Value vs Market Value Analysis
This analysis compares Shanghai W Ibeda High Tech Group 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: 3.21x
- 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 43.65x to 3.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.86 | CN¥37.33 | x |
| 2018-12-31 | CN¥1.05 | CN¥37.33 | x |
| 2019-12-31 | CN¥2.33 | CN¥37.33 | x |
| 2020-12-31 | CN¥2.91 | CN¥37.33 | x |
| 2021-12-31 | CN¥6.37 | CN¥37.33 | x |
| 2022-12-31 | CN¥6.90 | CN¥37.33 | x |
| 2023-12-31 | CN¥12.98 | CN¥37.33 | x |
| 2024-12-31 | CN¥11.63 | CN¥37.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai W Ibeda High Tech Group 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): -4.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.04%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.23x
- Recent ROE (-4.76%) is below the historical average (10.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.54% | 3.46% | 0.27x | 9.26x | CN¥-589.29K |
| 2018 | 16.81% | 4.24% | 0.48x | 8.20x | CN¥3.51 Million |
| 2019 | 22.78% | 13.09% | 0.61x | 2.87x | CN¥21.74 Million |
| 2020 | 19.75% | 13.87% | 0.51x | 2.77x | CN¥20.67 Million |
| 2021 | 12.50% | 18.09% | 0.33x | 2.09x | CN¥11.62 Million |
| 2022 | 7.32% | 10.93% | 0.26x | 2.59x | CN¥-13.46 Million |
| 2023 | -1.54% | -4.55% | 0.17x | 2.03x | CN¥-119.90 Million |
| 2024 | -4.76% | -11.04% | 0.19x | 2.23x | CN¥-145.02 Million |
Industry Comparison
This section compares Shanghai W Ibeda High Tech Group Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,080,049,954
- Average return on equity (ROE) among peers: 9.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai W Ibeda High Tech Group Co Ltd (688071) | CN¥1.07 Billion | 8.54% | 1.15x | $463.17 Million |
| FAWER Automotive Parts Ltd Co (000030) | $5.30 Billion | 9.49% | 0.52x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.78 Billion | 7.81% | 0.91x | $5.72 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.95 Billion | 10.46% | 0.29x | $2.04 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.61 Billion | 7.75% | 2.40x | $973.66 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.73 Billion | -20.59% | 4.27x | $1.66 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-125.97 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $443.53 Million | 6.07% | 1.06x | $601.27 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $921.70 Million | 3.60% | 3.23x | $1.56 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $307.91 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $86.66 Million | 35.43% | 2.22x | $3.63 Billion |
About Shanghai W Ibeda High Tech Group Co Ltd
Shanghai W-Ibeda High Tech.Group Co.,Ltd. researches, develops, and manufactures automotive powertrain intelligent test equipment in China. The company also engages in new energy vehicle powertrain testing services and intelligent driving related businesses. It also offers test equipment systems of gearboxes, engines, turbocharger, and water and oil pumps. Shanghai W-Ibeda High Tech.Group Co.,Ltd… Read more