Beijing Jingwei Hirain Technologies Co. Ltd. A

SHG:688326 China Auto Parts
Market Cap
$2.03 Billion
CN¥14.87 Billion CNY
Market Cap Rank
#8144 Global
#1492 in China
Share Price
CN¥124.00
Change (1 day)
-1.67%
52-Week Range
CN¥67.81 - CN¥150.53
All Time High
CN¥236.00
About

Beijing Jingwei Hirain Technologies Co., Inc. engages in research, development, production, and sale of automotive electronic products and services in China. It offers advanced driver assistance system, intelligent driving domain controller, vehicle-mounted computing platform, millimeter wave radar, automotive camera, high precision positioning module, and driver monitoring system; intelligent ne… Read more

Beijing Jingwei Hirain Technologies Co. Ltd. A (688326) - Net Assets

Latest net assets as of September 2025: CN¥4.06 Billion CNY

Based on the latest financial reports, Beijing Jingwei Hirain Technologies Co. Ltd. A (688326) has net assets worth CN¥4.06 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.71 Billion) and total liabilities (CN¥5.64 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.06 Billion
% of Total Assets 41.87%
Annual Growth Rate 51.98%
5-Year Change 188.04%
10-Year Change N/A
Growth Volatility 84.82

Beijing Jingwei Hirain Technologies Co. Ltd. A - Net Assets Trend (2018–2024)

This chart illustrates how Beijing Jingwei Hirain Technologies Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Beijing Jingwei Hirain Technologies Co. Ltd. A (2018–2024)

The table below shows the annual net assets of Beijing Jingwei Hirain Technologies Co. Ltd. A from 2018 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.28 Billion -14.51%
2023-12-31 CN¥5.00 Billion -9.64%
2022-12-31 CN¥5.54 Billion +220.21%
2021-12-31 CN¥1.73 Billion +16.45%
2020-12-31 CN¥1.48 Billion +134.00%
2019-12-31 CN¥634.40 Million +82.94%
2018-12-31 CN¥346.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Jingwei Hirain Technologies Co. Ltd. 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 22108288200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥119.98 Million 2.87%
Other Components CN¥4.32 Billion 103.36%
Total Equity CN¥4.18 Billion 100.00%

Beijing Jingwei Hirain Technologies Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Beijing Jingwei Hirain Technologies Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Jingwei Hirain Technologies Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,961,783,764 to 4,183,518,680, a change of -778,265,084 (-15.7%).
  • Net loss of 550,318,208 reduced equity.
  • Dividend payments of 16,654,460 reduced retained earnings.
  • Share repurchases of 317,849,559 reduced equity.
  • Other factors increased equity by 106,557,143.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-550.32 Million -13.15%
Dividends Paid CN¥16.65 Million -0.4%
Share Repurchases CN¥317.85 Million -7.6%
Other Changes CN¥106.56 Million +2.55%
Total Change CN¥- -15.69%

Book Value vs Market Value Analysis

This analysis compares Beijing Jingwei Hirain Technologies Co. Ltd. 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: 3.41x
  • 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 47.10x to 3.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 CN¥2.63 CN¥124.00 x
2019-12-31 CN¥4.89 CN¥124.00 x
2020-12-31 CN¥11.13 CN¥124.00 x
2021-12-31 CN¥12.66 CN¥124.00 x
2022-12-31 CN¥44.18 CN¥124.00 x
2023-12-31 CN¥41.57 CN¥124.00 x
2024-12-31 CN¥36.37 CN¥124.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Jingwei Hirain Technologies Co. Ltd. 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): -13.15%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -9.93%
  • • Asset Turnover: 0.59x
  • • Equity Multiplier: 2.25x
  • Recent ROE (-13.15%) is below the historical average (-0.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 5.00% 1.03% 0.82x 5.91x CN¥-15.81 Million
2019 -10.17% -3.23% 0.69x 4.52x CN¥-118.35 Million
2020 5.52% 2.97% 0.64x 2.92x CN¥-59.91 Million
2021 9.62% 4.48% 0.72x 2.97x CN¥-5.73 Million
2022 4.45% 5.86% 0.45x 1.67x CN¥-294.39 Million
2023 -4.38% -4.64% 0.50x 1.88x CN¥-713.43 Million
2024 -13.15% -9.93% 0.59x 2.25x CN¥-968.67 Million

Industry Comparison

This section compares Beijing Jingwei Hirain Technologies Co. Ltd. A's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,572,980,621
  • Average return on equity (ROE) among peers: 8.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Jingwei Hirain Technologies Co. Ltd. A (688326) CN¥4.06 Billion 5.00% 1.39x $816.00 Million
Wanxiang Qianchao Co Ltd (000559) $2.25 Billion 8.11% 1.30x $2.51 Billion
Weifu High-Technology Group Co Ltd (000581) $15.35 Billion 16.75% 0.32x $1.90 Billion
Gui Zhou Tyre Co Ltd (000589) $840.45 Million 2.86% 1.85x $805.35 Million
Qingdao Doublestar Co Ltd (000599) $772.99 Million 6.94% 1.69x $447.80 Million
Hengli Industrial Development Group Co Ltd (000622) $169.93 Million 0.00% 0.80x $7.81 Million
Xiangyang Automobile Bearing Co Ltd (000678) $926.07 Million -5.80% 1.58x $632.55 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $415.84 Million 7.91% 0.51x $929.41 Million
Sichuan Haowu Electromechanical Co Ltd (000757) $97.36 Million 31.38% 1.32x $230.79 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $598.28 Million 10.29% 1.20x $2.06 Billion
Aerospace Hi-Tech Holding Group Co Ltd (000901) $4.31 Billion 3.73% 0.63x $1.62 Billion