China Bicycle Co Holdings Ltd

SHE:000017 China Leisure
Market Cap
$425.97 Million
CN¥3.13 Billion CNY
Market Cap Rank
#11386 Global
#2662 in China
Share Price
CN¥7.09
Change (1 day)
-1.12%
52-Week Range
CN¥5.48 - CN¥9.23
All Time High
CN¥16.00
Categories
Companies in China Leisure
About

Shenzhen China Bicycle Company (Holdings) Limited engages in the gold jewelry business. The company is also involved in the production, assembly, procurement, and sale of bicycles and electric bicycles under the Amini and EMMELLE brand names; and the procurement, consigned processing, and sale of lithium batteries materials. The company was founded in 1992 and is based in Shenzhen, China.

China Bicycle Co Holdings Ltd (000017) - Net Assets

Latest net assets as of September 2025: CN¥384.05 Million CNY

Based on the latest financial reports, China Bicycle Co Holdings Ltd (000017) has net assets worth CN¥384.05 Million 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¥466.52 Million) and total liabilities (CN¥82.46 Million). 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¥384.05 Million
% of Total Assets 82.32%
Annual Growth Rate 1.82%
5-Year Change 1335.67%
10-Year Change 2649.31%
Growth Volatility 1082.5

China Bicycle Co Holdings Ltd - Net Assets Trend (1991–2024)

This chart illustrates how China Bicycle Co Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for China Bicycle Co Holdings Ltd (1991–2024)

The table below shows the annual net assets of China Bicycle Co Holdings Ltd from 1991 to 2024.

Year Net Assets Change
2024-12-31 CN¥368.14 Million +18.98%
2023-12-31 CN¥309.40 Million +1.49%
2022-12-31 CN¥304.85 Million +1170.05%
2021-12-31 CN¥24.00 Million -6.39%
2020-12-31 CN¥25.64 Million +124.11%
2019-12-31 CN¥11.44 Million -32.62%
2018-12-31 CN¥16.98 Million -9.97%
2017-12-31 CN¥18.86 Million +9.14%
2016-12-31 CN¥17.28 Million +29.06%
2015-12-31 CN¥13.39 Million -0.78%
2014-12-31 CN¥13.50 Million +75.30%
2013-12-31 CN¥7.70 Million +100.45%
2012-12-31 CN¥-1.71 Billion -1.58%
2011-12-31 CN¥-1.68 Billion +4.18%
2010-12-31 CN¥-1.76 Billion +5.63%
2009-12-31 CN¥-1.86 Billion -3.24%
2008-12-31 CN¥-1.80 Billion -1.03%
2007-12-31 CN¥-1.78 Billion +4.25%
2006-12-31 CN¥-1.86 Billion -2.79%
2005-12-31 CN¥-1.81 Billion -6.29%
2004-12-31 CN¥-1.71 Billion -1.07%
2003-12-31 CN¥-1.69 Billion +15.01%
2002-12-31 CN¥-1.99 Billion +0.29%
2001-12-31 CN¥-1.99 Billion -4870.27%
2000-12-31 CN¥41.75 Million -79.71%
1999-12-31 CN¥205.73 Million -36.51%
1998-12-31 CN¥324.04 Million -71.82%
1997-12-31 CN¥1.15 Billion -14.88%
1996-12-31 CN¥1.35 Billion +2.34%
1995-12-31 CN¥1.32 Billion +2.00%
1994-12-31 CN¥1.29 Billion +76.99%
1993-12-31 CN¥731.35 Million +32.87%
1992-12-31 CN¥550.43 Million +170.80%
1991-12-31 CN¥203.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to China Bicycle Co Holdings 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 decreased by 117580611800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥689.18 Million 200.48%
Other Comprehensive Income CN¥660.51 Million 192.14%
Other Components CN¥169.87 Million 49.42%
Total Equity CN¥343.76 Million 100.00%

China Bicycle Co Holdings Ltd Competitors by Market Cap

The table below lists competitors of China Bicycle Co Holdings Ltd ranked by their market capitalization.

Company Market Cap
Ares Acquisition Corporation II
NYSE:AACT-UN
 		$399.77 Million
Belships
OL:BELCO
 		$399.83 Million
Metro Brands Limited
NSE:METROBRAND
 		$399.87 Million
Columbus McKinnon Corporation
NASDAQ:CMCO
 		$399.93 Million
MLP SE
PINK:MLPKF
 		$399.62 Million
Ho Chi Minh City Infrastructure Investment JSC
VN:CII
 		$399.60 Million
Johnson Service Group PLC
PINK:JSVGF
 		$399.48 Million
Bannerman Energy Ltd
AU:BMN
 		$399.39 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Bicycle Co Holdings Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 308,761,246 to 343,761,246, a change of 35,000,000 (11.3%).
  • Net income of 16,845,245 contributed positively to equity growth.
  • Dividend payments of 20,626 reduced retained earnings.
  • Other factors increased equity by 18,175,381.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥16.85 Million +4.9%
Dividends Paid CN¥20.63K -0.01%
Other Changes CN¥18.18 Million +5.29%
Total Change CN¥- 11.34%

Book Value vs Market Value Analysis

This analysis compares China Bicycle Co Holdings 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: 17.37x
  • 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 increased from 16.73x to 17.37x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.42 CN¥7.09 x
1992-12-31 CN¥1.15 CN¥7.09 x
1993-12-31 CN¥1.52 CN¥7.09 x
1994-12-31 CN¥2.70 CN¥7.09 x
1995-12-31 CN¥2.75 CN¥7.09 x
1996-12-31 CN¥2.81 CN¥7.09 x
1997-12-31 CN¥2.40 CN¥7.09 x
1998-12-31 CN¥0.68 CN¥7.09 x
1999-12-31 CN¥0.43 CN¥7.09 x
2000-12-31 CN¥0.10 CN¥7.09 x
2001-12-31 CN¥-4.15 CN¥7.09 x
2002-12-31 CN¥-4.13 CN¥7.09 x
2003-12-31 CN¥-3.51 CN¥7.09 x
2004-12-31 CN¥-3.55 CN¥7.09 x
2005-12-31 CN¥-3.79 CN¥7.09 x
2006-12-31 CN¥-3.89 CN¥7.09 x
2007-12-31 CN¥-3.72 CN¥7.09 x
2008-12-31 CN¥-3.76 CN¥7.09 x
2009-12-31 CN¥-3.88 CN¥7.09 x
2010-12-31 CN¥-3.18 CN¥7.09 x
2011-12-31 CN¥-3.05 CN¥7.09 x
2012-12-31 CN¥-3.10 CN¥7.09 x
2013-12-31 CN¥0.01 CN¥7.09 x
2014-12-31 CN¥0.02 CN¥7.09 x
2015-12-31 CN¥0.03 CN¥7.09 x
2016-12-31 CN¥0.03 CN¥7.09 x
2017-12-31 CN¥0.03 CN¥7.09 x
2018-12-31 CN¥0.03 CN¥7.09 x
2019-12-31 CN¥0.01 CN¥7.09 x
2020-12-31 CN¥0.02 CN¥7.09 x
2021-12-31 CN¥0.02 CN¥7.09 x
2022-12-31 CN¥0.42 CN¥7.09 x
2023-12-31 CN¥0.52 CN¥7.09 x
2024-12-31 CN¥0.41 CN¥7.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Bicycle Co Holdings 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): 4.90%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.91%
  • • Asset Turnover: 1.33x
  • • Equity Multiplier: 1.26x
  • Recent ROE (4.90%) is below the historical average (648.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 37.78% 9.04% 0.91x 4.62x CN¥56.47 Million
1992 21.42% 10.11% 0.71x 2.99x CN¥62.87 Million
1993 29.61% 12.40% 0.80x 2.99x CN¥143.16 Million
1994 10.61% 8.52% 0.55x 2.27x CN¥7.92 Million
1995 3.88% 4.47% 0.39x 2.21x CN¥-80.76 Million
1996 2.24% 2.94% 0.35x 2.18x CN¥-104.85 Million
1997 -17.26% -42.48% 0.14x 2.93x CN¥-313.68 Million
1998 -201.12% -457.38% 0.05x 8.36x CN¥-686.05 Million
1999 96.63% 296.13% 0.02x 13.14x CN¥179.39 Million
2000 -390.35% -261.80% 0.03x 53.95x CN¥-182.51 Million
2001 0.00% -4351.29% 0.09x 0.00x CN¥-2.06 Billion
2002 0.00% 9.18% 0.14x 0.00x CN¥204.86 Million
2003 0.00% -33.28% 0.22x 0.00x CN¥135.53 Million
2004 0.00% -12.47% 0.32x 0.00x CN¥153.05 Million
2005 0.00% 2.28% 0.50x 0.00x CN¥185.34 Million
2006 0.00% -4.39% 0.82x 0.00x CN¥176.71 Million
2007 0.00% 26.87% 1.09x 0.00x CN¥241.47 Million
2008 0.00% -16.37% 1.44x 0.00x CN¥135.41 Million
2009 0.00% -40.53% 1.54x 0.00x CN¥80.34 Million
2010 0.00% 21.56% 2.16x 0.00x CN¥240.10 Million
2011 0.00% 12.37% 2.37x 0.00x CN¥208.00 Million
2012 0.00% -17.91% 1.80x 0.00x CN¥118.50 Million
2013 22492.48% 581.02% 1.79x 21.63x CN¥1.57 Billion
2014 41.04% 2.30% 4.12x 4.33x CN¥3.70 Million
2015 -1.18% -0.08% 3.73x 3.90x CN¥-1.31 Million
2016 18.12% 1.83% 2.62x 3.76x CN¥1.17 Million
2017 9.62% 1.11% 1.87x 4.63x CN¥-60.24K
2018 -11.13% -1.33% 1.64x 5.12x CN¥-3.02 Million
2019 -109.75% -10.28% 1.21x 8.81x CN¥-8.53 Million
2020 34.72% 3.21% 1.28x 8.41x CN¥2.70 Million
2021 -22.28% -1.20% 1.70x 10.92x CN¥-2.88 Million
2022 -2.63% -1.71% 1.12x 1.37x CN¥-36.63 Million
2023 5.80% 3.15% 1.54x 1.20x CN¥-12.97 Million
2024 4.90% 2.91% 1.33x 1.26x CN¥-17.53 Million

Industry Comparison

This section compares China Bicycle Co Holdings Ltd's net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $1,062,764,366
  • Average return on equity (ROE) among peers: 8.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Bicycle Co Holdings Ltd (000017) CN¥384.05 Million 37.78% 0.21x $399.65 Million
Sportsoul Co. Ltd. A (001300) $1.06 Billion 2.11% 0.25x $179.80 Million
HL Corp Shenzhen (002105) $567.28 Million 4.46% 1.51x $173.11 Million
Goldlok Toys Holdings Guangdong Co Ltd (002348) $1.12 Billion 5.75% 0.06x $627.40 Million
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) $884.00 Million 4.93% 0.13x $533.55 Million
Shanghai Yaoji Playing Card Co Ltd (002605) $1.06 Billion 8.95% 0.37x $695.43 Million
Xiamen Comfort Science&Technology Group Co Ltd (002614) $217.49 Million 21.16% 1.94x $334.52 Million
Guangzhou Pearl River Piano Group Co Ltd (002678) $3.73 Billion 0.16% 0.22x $191.51 Million
Shifeng Cultural Development Co Ltd (002862) $569.17 Million 5.62% 0.07x $192.82 Million
Impulse Qingdao Health Tech Co Ltd (002899) $361.39 Million 21.08% 0.71x $407.33 Million