Autel Intelligent Technology Corp Ltd (688208) - Net Assets
Based on the latest financial reports, Autel Intelligent Technology Corp Ltd (688208) has net assets worth CN¥3.54 Billion CNY (≈ $518.08 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.19 Billion ≈ $1.05 Billion USD) and total liabilities (CN¥3.65 Billion ≈ $533.58 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 688208 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.54 Billion |
| % of Total Assets | 49.26% |
| Annual Growth Rate | 24.19% |
| 5-Year Change | 35.13% |
| 10-Year Change | N/A |
| Growth Volatility | 36.09 |
Autel Intelligent Technology Corp Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Autel Intelligent Technology Corp Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Autel Intelligent Technology Corp Ltd for the complete picture of this company's asset base.
Annual Net Assets for Autel Intelligent Technology Corp Ltd (2016–2024)
The table below shows the annual net assets of Autel Intelligent Technology Corp Ltd from 2016 to 2024. For live valuation and market cap data, see 688208 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.42 Billion ≈ $500.86 Million |
+8.40% |
| 2023-12-31 | CN¥3.16 Billion ≈ $462.04 Million |
+4.29% |
| 2022-12-31 | CN¥3.03 Billion ≈ $443.02 Million |
+5.90% |
| 2021-12-31 | CN¥2.86 Billion ≈ $418.34 Million |
+12.87% |
| 2020-12-31 | CN¥2.53 Billion ≈ $370.66 Million |
+117.39% |
| 2019-12-31 | CN¥1.17 Billion ≈ $170.50 Million |
+12.64% |
| 2018-12-31 | CN¥1.03 Billion ≈ $151.37 Million |
+47.57% |
| 2017-12-31 | CN¥700.98 Million ≈ $102.58 Million |
+15.85% |
| 2016-12-31 | CN¥605.08 Million ≈ $88.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Autel Intelligent Technology Corp 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 1139.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.48 Billion | 41.50% |
| Other Components | CN¥2.08 Billion | 58.50% |
| Total Equity | CN¥3.56 Billion | 100.00% |
Autel Intelligent Technology Corp Ltd Competitors by Market Cap
The table below lists competitors of Autel Intelligent Technology Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Petroleum Engineering Corp
SHG:600339
|
$3.33 Billion |
|
Huber+suhner AG
SW:HUBN
|
$3.33 Billion |
|
Sprott Inc.
TO:SII
|
$3.33 Billion |
|
LivaNova PLC
NASDAQ:LIVN
|
$3.33 Billion |
|
Amedisys Inc
NASDAQ:AMED
|
$3.32 Billion |
|
Chengdu Kanghong Pharmaceuticals Group Co Ltd
SHE:002773
|
$3.32 Billion |
|
Liquidia Technologies Inc
NASDAQ:LQDA
|
$3.32 Billion |
|
Trigano S.A.
PA:TRI
|
$3.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Autel Intelligent Technology Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,215,507,730 to 3,557,794,020, a change of 342,286,290 (10.6%).
- Net income of 640,925,193 contributed positively to equity growth.
- Dividend payments of 359,604,891 reduced retained earnings.
- Other factors increased equity by 60,965,987.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥640.93 Million | +18.01% |
| Dividends Paid | CN¥359.60 Million | -10.11% |
| Other Changes | CN¥60.97 Million | +1.71% |
| Total Change | CN¥- | 10.64% |
Book Value vs Market Value Analysis
This analysis compares Autel Intelligent Technology Corp 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: 4.30x
- 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 19.33x to 4.30x 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¥1.75 | CN¥33.87 | x |
| 2018-12-31 | CN¥2.59 | CN¥33.87 | x |
| 2019-12-31 | CN¥2.91 | CN¥33.87 | x |
| 2020-12-31 | CN¥5.63 | CN¥33.87 | x |
| 2021-12-31 | CN¥6.34 | CN¥33.87 | x |
| 2022-12-31 | CN¥6.74 | CN¥33.87 | x |
| 2023-12-31 | CN¥7.12 | CN¥33.87 | x |
| 2024-12-31 | CN¥7.87 | CN¥33.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Autel Intelligent Technology Corp 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): 18.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.30%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.77x
- Recent ROE (18.01%) is above the historical average (13.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -12.26% | -12.69% | 0.71x | 1.36x | CN¥-134.69 Million |
| 2017 | 13.03% | 12.66% | 0.76x | 1.35x | CN¥21.27 Million |
| 2018 | 32.46% | 37.30% | 0.68x | 1.28x | CN¥232.34 Million |
| 2019 | 28.06% | 27.34% | 0.79x | 1.29x | CN¥210.46 Million |
| 2020 | 17.10% | 27.45% | 0.50x | 1.25x | CN¥179.76 Million |
| 2021 | 15.35% | 19.47% | 0.54x | 1.47x | CN¥152.85 Million |
| 2022 | 3.35% | 4.50% | 0.43x | 1.72x | CN¥-202.57 Million |
| 2023 | 5.57% | 5.51% | 0.58x | 1.73x | CN¥-142.32 Million |
| 2024 | 18.01% | 16.30% | 0.62x | 1.77x | CN¥285.15 Million |
Industry Comparison
This section compares Autel Intelligent Technology Corp Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,118,573,594
- Average return on equity (ROE) among peers: 8.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Autel Intelligent Technology Corp Ltd (688208) | CN¥3.54 Billion | -12.26% | 1.03x | $3.32 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $5.34 Billion | 22.56% | 0.48x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.00 Billion | 2.41% | 2.13x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $294.61 Million | 13.77% | 0.22x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $45.14 Million | 0.00% | 2.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.26 Billion | -4.75% | 1.19x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $891.72 Million | 4.95% | 2.78x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-736.34 Million | 0.00% | 0.00x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $456.79 Million | 21.42% | 0.41x | $3.35 Billion |
About Autel Intelligent Technology Corp Ltd
Autel Intelligent Technology Corp., Ltd. engages in the research and development, production, sale, and servicing of automotive advanced diagnostics, detection and analysis systems, and electronic components. It offers diagnostic tools, key programming products, specialty tools, radar sensors, electric vehicle chargers, TPMS series products, and advanced driver-assistance systems (ADAS) calibrati… Read more