Ningbo PIA Automation Holding Corp. A (688306) - Net Assets
Based on the latest financial reports, Ningbo PIA Automation Holding Corp. A (688306) has net assets worth CN¥1.85 Billion CNY (≈ $270.08 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¥5.19 Billion ≈ $758.75 Million USD) and total liabilities (CN¥3.34 Billion ≈ $488.67 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 financial resilience of Ningbo PIA Automation Holding Corp. A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.85 Billion |
| % of Total Assets | 35.6% |
| Annual Growth Rate | 25.68% |
| 5-Year Change | 238.0% |
| 10-Year Change | N/A |
| Growth Volatility | 128.88 |
Ningbo PIA Automation Holding Corp. A - Net Assets Trend (2019–2024)
This chart illustrates how Ningbo PIA Automation Holding Corp. A's net assets have evolved over time, based on quarterly financial data. Also explore Ningbo PIA Automation Holding Corp. A (688306) total assets for the complete picture of this company's asset base.
Annual Net Assets for Ningbo PIA Automation Holding Corp. A (2019–2024)
The table below shows the annual net assets of Ningbo PIA Automation Holding Corp. A from 2019 to 2024. For live valuation and market cap data, see market cap of Ningbo PIA Automation Holding Corp. A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.76 Billion ≈ $257.13 Million |
-3.71% |
| 2023-12-31 | CN¥1.82 Billion ≈ $267.05 Million |
-8.12% |
| 2022-12-31 | CN¥1.99 Billion ≈ $290.66 Million |
+315.41% |
| 2021-12-31 | CN¥478.15 Million ≈ $69.97 Million |
-8.03% |
| 2020-12-31 | CN¥519.88 Million ≈ $76.08 Million |
-7.17% |
| 2019-12-31 | CN¥560.05 Million ≈ $81.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo PIA Automation Holding Corp. A'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 decreased by 19758495775.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.63 Billion | 149.45% |
| Total Equity | CN¥1.76 Billion | 100.00% |
Ningbo PIA Automation Holding Corp. A Competitors by Market Cap
The table below lists competitors of Ningbo PIA Automation Holding Corp. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stanley Fertilizer Co Ltd
SHE:002588
|
$1.81 Billion |
|
Stellar Bancorp, Inc.
NYSE:STEL
|
$1.81 Billion |
|
Bank Ocbc Nisp Tbk
JK:NISP
|
$1.82 Billion |
|
Vietnam National Petroleum Group
VN:PLX
|
$1.82 Billion |
|
CSC Financial Co. Ltd
F:CS0
|
$1.81 Billion |
|
Relay Therapeutics Inc
NASDAQ:RLAY
|
$1.81 Billion |
|
Shenzhen Gongjin Electn
SHG:603118
|
$1.81 Billion |
|
Sunstone Development Co Ltd
SHG:603612
|
$1.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo PIA Automation Holding Corp. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,829,336,027 to 1,757,205,106, a change of -72,130,921 (-3.9%).
- Net income of 8,197,665 contributed positively to equity growth.
- Dividend payments of 60,610,059 reduced retained earnings.
- Other factors decreased equity by 19,718,527.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.20 Million | +0.47% |
| Dividends Paid | CN¥60.61 Million | -3.45% |
| Other Changes | CN¥-19.72 Million | -1.12% |
| Total Change | CN¥- | -3.94% |
Book Value vs Market Value Analysis
This analysis compares Ningbo PIA Automation Holding Corp. A'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: 7.05x
- 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 16.60x to 7.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥0.61 | CN¥10.09 | x |
| 2020-12-31 | CN¥0.56 | CN¥10.09 | x |
| 2021-12-31 | CN¥0.52 | CN¥10.09 | x |
| 2022-12-31 | CN¥1.62 | CN¥10.09 | x |
| 2023-12-31 | CN¥1.49 | CN¥10.09 | x |
| 2024-12-31 | CN¥1.43 | CN¥10.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo PIA Automation Holding Corp. A 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): 0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.31%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.66x
- Recent ROE (0.47%) is below the historical average (0.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.93% | 4.07% | 0.60x | 6.55x | CN¥33.23 Million |
| 2020 | -10.35% | -3.19% | 0.46x | 7.12x | CN¥-105.82 Million |
| 2021 | 9.03% | 2.02% | 0.63x | 7.12x | CN¥-4.65 Million |
| 2022 | 2.13% | 2.12% | 0.42x | 2.42x | CN¥-156.42 Million |
| 2023 | -11.27% | -9.83% | 0.41x | 2.82x | CN¥-389.04 Million |
| 2024 | 0.47% | 0.31% | 0.57x | 2.66x | CN¥-167.52 Million |
Industry Comparison
This section compares Ningbo PIA Automation Holding Corp. A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,241,212,649
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo PIA Automation Holding Corp. A (688306) | CN¥1.85 Billion | 15.93% | 1.81x | $1.81 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $4.25 Billion | 12.78% | 0.67x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $8.58 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $10.00 Billion | 11.08% | 0.31x | $2.32 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $810.12 Million | -9.29% | 1.97x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $707.54 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $176.30 Million | 2.76% | 1.99x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.29% | 0.96x | $907.28 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.95 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $572.87 Million | 4.59% | 0.74x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-57.93 Million | 0.00% | 0.00x | $3.58 Billion |
About Ningbo PIA Automation Holding Corp. A
Ningbo PIA Automation Holding Corp. engages in the research and development, production, sale, and service of assembly and testing intelligent manufacturing equipment, industrial robots, and industrial digital intelligent software in the fields of new energy smart cars, medical health, consumer products, and industrial electromechanical worldwide. It offers automotive powertrain and electric driv… Read more