China Bicycle Co Holdings Ltd (000017) - Net Assets
Based on the latest financial reports, China Bicycle Co Holdings Ltd (000017) has net assets worth CN¥384.05 Million CNY (≈ $56.20 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¥466.52 Million ≈ $68.27 Million USD) and total liabilities (CN¥82.46 Million ≈ $12.07 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 how resilient are China Bicycle Co Holdings Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore China Bicycle Co Holdings Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of China Bicycle Co Holdings Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥368.14 Million ≈ $53.87 Million |
+18.98% |
| 2023-12-31 | CN¥309.40 Million ≈ $45.28 Million |
+1.49% |
| 2022-12-31 | CN¥304.85 Million ≈ $44.61 Million |
+1170.05% |
| 2021-12-31 | CN¥24.00 Million ≈ $3.51 Million |
-6.39% |
| 2020-12-31 | CN¥25.64 Million ≈ $3.75 Million |
+124.11% |
| 2019-12-31 | CN¥11.44 Million ≈ $1.67 Million |
-32.62% |
| 2018-12-31 | CN¥16.98 Million ≈ $2.48 Million |
-9.97% |
| 2017-12-31 | CN¥18.86 Million ≈ $2.76 Million |
+9.14% |
| 2016-12-31 | CN¥17.28 Million ≈ $2.53 Million |
+29.06% |
| 2015-12-31 | CN¥13.39 Million ≈ $1.96 Million |
-0.78% |
| 2014-12-31 | CN¥13.50 Million ≈ $1.97 Million |
+75.30% |
| 2013-12-31 | CN¥7.70 Million ≈ $1.13 Million |
+100.45% |
| 2012-12-31 | CN¥-1.71 Billion ≈ $-250.14 Million |
-1.58% |
| 2011-12-31 | CN¥-1.68 Billion ≈ $-246.25 Million |
+4.18% |
| 2010-12-31 | CN¥-1.76 Billion ≈ $-256.99 Million |
+5.63% |
| 2009-12-31 | CN¥-1.86 Billion ≈ $-272.32 Million |
-3.24% |
| 2008-12-31 | CN¥-1.80 Billion ≈ $-263.79 Million |
-1.03% |
| 2007-12-31 | CN¥-1.78 Billion ≈ $-261.10 Million |
+4.25% |
| 2006-12-31 | CN¥-1.86 Billion ≈ $-272.69 Million |
-2.79% |
| 2005-12-31 | CN¥-1.81 Billion ≈ $-265.28 Million |
-6.29% |
| 2004-12-31 | CN¥-1.71 Billion ≈ $-249.59 Million |
-1.07% |
| 2003-12-31 | CN¥-1.69 Billion ≈ $-246.95 Million |
+15.01% |
| 2002-12-31 | CN¥-1.99 Billion ≈ $-290.57 Million |
+0.29% |
| 2001-12-31 | CN¥-1.99 Billion ≈ $-291.42 Million |
-4870.27% |
| 2000-12-31 | CN¥41.75 Million ≈ $6.11 Million |
-79.71% |
| 1999-12-31 | CN¥205.73 Million ≈ $30.11 Million |
-36.51% |
| 1998-12-31 | CN¥324.04 Million ≈ $47.42 Million |
-71.82% |
| 1997-12-31 | CN¥1.15 Billion ≈ $168.29 Million |
-14.88% |
| 1996-12-31 | CN¥1.35 Billion ≈ $197.72 Million |
+2.34% |
| 1995-12-31 | CN¥1.32 Billion ≈ $193.20 Million |
+2.00% |
| 1994-12-31 | CN¥1.29 Billion ≈ $189.42 Million |
+76.99% |
| 1993-12-31 | CN¥731.35 Million ≈ $107.02 Million |
+32.87% |
| 1992-12-31 | CN¥550.43 Million ≈ $80.55 Million |
+170.80% |
| 1991-12-31 | CN¥203.26 Million ≈ $29.74 Million |
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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 |
|---|---|
|
Jasmine International Public Company Limited
BK:JAS-R
|
$413.53 Million |
|
Bandwidth Inc
NASDAQ:BAND
|
$413.87 Million |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
$413.93 Million |
|
Nbond Nonwovens
SHG:603238
|
$414.04 Million |
|
Testa Residencial SOCIMI S.A.
MC:YTST
|
$413.45 Million |
|
National Fertilizers Limited
NSE:NFL
|
$413.35 Million |
|
Hefei Changqing Machinery Co Ltd
SHG:603768
|
$413.32 Million |
|
Sunlour Pigment CO.LTD.
SHE:301036
|
$413.24 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: 15.71x
- 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 15.13x to 15.71x 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¥6.41 | x |
| 1992-12-31 | CN¥1.15 | CN¥6.41 | x |
| 1993-12-31 | CN¥1.52 | CN¥6.41 | x |
| 1994-12-31 | CN¥2.70 | CN¥6.41 | x |
| 1995-12-31 | CN¥2.75 | CN¥6.41 | x |
| 1996-12-31 | CN¥2.81 | CN¥6.41 | x |
| 1997-12-31 | CN¥2.40 | CN¥6.41 | x |
| 1998-12-31 | CN¥0.68 | CN¥6.41 | x |
| 1999-12-31 | CN¥0.43 | CN¥6.41 | x |
| 2000-12-31 | CN¥0.10 | CN¥6.41 | x |
| 2001-12-31 | CN¥-4.15 | CN¥6.41 | x |
| 2002-12-31 | CN¥-4.13 | CN¥6.41 | x |
| 2003-12-31 | CN¥-3.51 | CN¥6.41 | x |
| 2004-12-31 | CN¥-3.55 | CN¥6.41 | x |
| 2005-12-31 | CN¥-3.79 | CN¥6.41 | x |
| 2006-12-31 | CN¥-3.89 | CN¥6.41 | x |
| 2007-12-31 | CN¥-3.72 | CN¥6.41 | x |
| 2008-12-31 | CN¥-3.76 | CN¥6.41 | x |
| 2009-12-31 | CN¥-3.88 | CN¥6.41 | x |
| 2010-12-31 | CN¥-3.18 | CN¥6.41 | x |
| 2011-12-31 | CN¥-3.05 | CN¥6.41 | x |
| 2012-12-31 | CN¥-3.10 | CN¥6.41 | x |
| 2013-12-31 | CN¥0.01 | CN¥6.41 | x |
| 2014-12-31 | CN¥0.02 | CN¥6.41 | x |
| 2015-12-31 | CN¥0.03 | CN¥6.41 | x |
| 2016-12-31 | CN¥0.03 | CN¥6.41 | x |
| 2017-12-31 | CN¥0.03 | CN¥6.41 | x |
| 2018-12-31 | CN¥0.03 | CN¥6.41 | x |
| 2019-12-31 | CN¥0.01 | CN¥6.41 | x |
| 2020-12-31 | CN¥0.02 | CN¥6.41 | x |
| 2021-12-31 | CN¥0.02 | CN¥6.41 | x |
| 2022-12-31 | CN¥0.42 | CN¥6.41 | x |
| 2023-12-31 | CN¥0.52 | CN¥6.41 | x |
| 2024-12-31 | CN¥0.41 | CN¥6.41 | 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: $1,128,294,313
- Average return on equity (ROE) among peers: 8.00%
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 | $413.48 Million |
| HL Corp Shenzhen (002105) | $502.93 Million | 7.00% | 1.03x | $363.89 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.12 Billion | 5.75% | 0.06x | $1.54 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $862.71 Million | -7.61% | 0.19x | $614.35 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.55 Billion | 6.31% | 0.29x | $1.25 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $2.01 Billion | 6.88% | 0.31x | $525.73 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.55 Billion | 4.80% | 0.35x | $1.19 Billion |
| Shifeng Cultural Development Co Ltd (002862) | $179.37 Million | 19.70% | 0.56x | $455.54 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $361.39 Million | 21.08% | 0.71x | $730.57 Million |
| China Bicycle Co Holdings Ltd (200017) | $18.86 Million | 8.11% | 2.90x | $66.51 Million |
About China Bicycle Co Holdings Ltd
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.