Anhui Ankai Automobile Co Ltd
Anhui Ankai Automobile Co., Ltd engages in the research and development, manufacture, and sale service of complete buses and auto parts in China. The company offers various coaches, city buses, new energy buses, school buses, and secondhand buses, as well as special purpose vehicle. Anhui Ankai Automobile Co., Ltd was founded in 1966 and is based in Hefei, China.
Anhui Ankai Automobile Co Ltd (000868) - Net Assets
Latest net assets as of September 2025: CN¥886.84 Million CNY
Based on the latest financial reports, Anhui Ankai Automobile Co Ltd (000868) has net assets worth CN¥886.84 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¥4.25 Billion) and total liabilities (CN¥3.37 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¥886.84 Million |
| % of Total Assets | 20.85% |
| Annual Growth Rate | 10.52% |
| 5-Year Change | 48.58% |
| 10-Year Change | -37.02% |
| Growth Volatility | 201.54 |
Anhui Ankai Automobile Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Anhui Ankai Automobile Co 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 Anhui Ankai Automobile Co Ltd (1994–2024)
The table below shows the annual net assets of Anhui Ankai Automobile Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥905.20 Million | +1.15% |
| 2023-12-31 | CN¥894.90 Million | +1053.60% |
| 2022-12-31 | CN¥77.57 Million | -76.46% |
| 2021-12-31 | CN¥329.53 Million | -45.91% |
| 2020-12-31 | CN¥609.21 Million | +20.40% |
| 2019-12-31 | CN¥506.00 Million | +11.39% |
| 2018-12-31 | CN¥454.28 Million | -60.17% |
| 2017-12-31 | CN¥1.14 Billion | -22.52% |
| 2016-12-31 | CN¥1.47 Billion | +2.39% |
| 2015-12-31 | CN¥1.44 Billion | +0.70% |
| 2014-12-31 | CN¥1.43 Billion | +12.92% |
| 2013-12-31 | CN¥1.26 Billion | -8.57% |
| 2012-12-31 | CN¥1.38 Billion | +3.99% |
| 2011-12-31 | CN¥1.33 Billion | +68.64% |
| 2010-12-31 | CN¥788.35 Million | +11.15% |
| 2009-12-31 | CN¥709.24 Million | +0.66% |
| 2008-12-31 | CN¥704.59 Million | +21.71% |
| 2007-12-31 | CN¥578.90 Million | +7.49% |
| 2006-12-31 | CN¥538.56 Million | -16.88% |
| 2005-12-31 | CN¥647.94 Million | +0.42% |
| 2004-12-31 | CN¥645.23 Million | +1.74% |
| 2003-12-31 | CN¥634.17 Million | +2.60% |
| 2002-12-31 | CN¥618.07 Million | -6.04% |
| 2001-12-31 | CN¥657.81 Million | -2.91% |
| 2000-12-31 | CN¥677.49 Million | +0.06% |
| 1999-12-31 | CN¥677.10 Million | +40.18% |
| 1998-12-31 | CN¥483.04 Million | +2.76% |
| 1997-12-31 | CN¥470.08 Million | +399.76% |
| 1996-12-31 | CN¥94.06 Million | +65.97% |
| 1995-12-31 | CN¥56.67 Million | +25.99% |
| 1994-12-31 | CN¥44.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anhui Ankai Automobile Co 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 23736.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥939.51 Million | 109.47% |
| Other Components | CN¥1.39 Billion | 161.74% |
| Total Equity | CN¥858.22 Million | 100.00% |
Anhui Ankai Automobile Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Ankai Automobile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Kelida Bldg &
SHG:603828
|
$311.19 Million |
|
Yuanta Futures Co Ltd
TWO:6023
|
$311.36 Million |
|
Luxfer Holdings PLC
NYSE:LXFR
|
$311.46 Million |
|
Sirio Pharma
SHE:300791
|
$311.52 Million |
|
Maxic Technology Inc. A
SHG:688458
|
$311.06 Million |
|
Sobute New Materials Co Ltd
SHG:603916
|
$311.02 Million |
|
Beijing StarNeto Technology Co Ltd
SHE:002829
|
$310.98 Million |
|
PetroVietnam Fertilizer and Chemicals Corp
VN:DPM
|
$310.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Ankai Automobile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 850,115,300 to 858,223,948, a change of 8,108,648 (1.0%).
- Net income of 8,392,034 contributed positively to equity growth.
- Dividend payments of 2,871,202 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.39 Million | +0.98% |
| Dividends Paid | CN¥2.87 Million | -0.33% |
| Other Changes | CN¥2.59 Million | +0.3% |
| Total Change | CN¥- | 0.95% |
Book Value vs Market Value Analysis
This analysis compares Anhui Ankai Automobile Co 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: 5.11x
- 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 60.26x to 5.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.08 | CN¥4.67 | x |
| 1995-12-31 | CN¥0.10 | CN¥4.67 | x |
| 1996-12-31 | CN¥0.16 | CN¥4.67 | x |
| 1997-12-31 | CN¥0.81 | CN¥4.67 | x |
| 1998-12-31 | CN¥0.83 | CN¥4.67 | x |
| 1999-12-31 | CN¥1.17 | CN¥4.67 | x |
| 2000-12-31 | CN¥1.17 | CN¥4.67 | x |
| 2001-12-31 | CN¥1.13 | CN¥4.67 | x |
| 2002-12-31 | CN¥1.06 | CN¥4.67 | x |
| 2003-12-31 | CN¥1.10 | CN¥4.67 | x |
| 2004-12-31 | CN¥1.47 | CN¥4.67 | x |
| 2005-12-31 | CN¥1.11 | CN¥4.67 | x |
| 2006-12-31 | CN¥0.91 | CN¥4.67 | x |
| 2007-12-31 | CN¥0.96 | CN¥4.67 | x |
| 2008-12-31 | CN¥1.03 | CN¥4.67 | x |
| 2009-12-31 | CN¥1.07 | CN¥4.67 | x |
| 2010-12-31 | CN¥1.19 | CN¥4.67 | x |
| 2011-12-31 | CN¥1.97 | CN¥4.67 | x |
| 2012-12-31 | CN¥1.88 | CN¥4.67 | x |
| 2013-12-31 | CN¥1.74 | CN¥4.67 | x |
| 2014-12-31 | CN¥1.78 | CN¥4.67 | x |
| 2015-12-31 | CN¥1.84 | CN¥4.67 | x |
| 2016-12-31 | CN¥1.90 | CN¥4.67 | x |
| 2017-12-31 | CN¥1.57 | CN¥4.67 | x |
| 2018-12-31 | CN¥0.54 | CN¥4.67 | x |
| 2019-12-31 | CN¥0.58 | CN¥4.67 | x |
| 2020-12-31 | CN¥0.72 | CN¥4.67 | x |
| 2021-12-31 | CN¥0.36 | CN¥4.67 | x |
| 2022-12-31 | CN¥0.04 | CN¥4.67 | x |
| 2023-12-31 | CN¥0.90 | CN¥4.67 | x |
| 2024-12-31 | CN¥0.91 | CN¥4.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Ankai Automobile Co 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): 0.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.31%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 4.22x
- Recent ROE (0.98%) is above the historical average (-32.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 33.95% | 11.70% | 1.05x | 2.75x | CN¥10.77 Million |
| 1995 | 57.67% | 21.69% | 0.79x | 3.38x | CN¥27.02 Million |
| 1996 | 38.51% | 14.76% | 0.87x | 3.01x | CN¥26.81 Million |
| 1997 | 10.16% | 11.35% | 0.64x | 1.41x | CN¥752.28K |
| 1998 | 11.38% | 8.52% | 0.76x | 1.75x | CN¥6.66 Million |
| 1999 | 3.60% | 5.16% | 0.41x | 1.69x | CN¥-43.30 Million |
| 2000 | 1.79% | 3.27% | 0.34x | 1.63x | CN¥-55.63 Million |
| 2001 | 1.56% | 2.30% | 0.44x | 1.54x | CN¥-55.54 Million |
| 2002 | -6.43% | -8.14% | 0.50x | 1.57x | CN¥-101.54 Million |
| 2003 | 3.12% | 2.71% | 0.67x | 1.72x | CN¥-43.74 Million |
| 2004 | 1.56% | 1.11% | 0.78x | 1.81x | CN¥-54.75 Million |
| 2005 | 2.38% | 1.48% | 0.82x | 1.95x | CN¥-50.18 Million |
| 2006 | -22.00% | -11.83% | 0.74x | 2.50x | CN¥-172.33 Million |
| 2007 | 3.55% | 1.74% | 0.76x | 2.71x | CN¥-36.92 Million |
| 2008 | 3.79% | 1.12% | 1.10x | 3.06x | CN¥-39.42 Million |
| 2009 | 3.69% | 1.11% | 1.00x | 3.32x | CN¥-41.63 Million |
| 2010 | 10.01% | 2.33% | 1.24x | 3.46x | CN¥49.87K |
| 2011 | 7.75% | 2.63% | 1.04x | 2.83x | CN¥-28.42 Million |
| 2012 | 7.19% | 2.48% | 0.93x | 3.14x | CN¥-37.15 Million |
| 2013 | -2.86% | -0.98% | 0.80x | 3.66x | CN¥-156.04 Million |
| 2014 | 1.90% | 0.49% | 0.98x | 4.01x | CN¥-100.13 Million |
| 2015 | 3.14% | 1.00% | 0.65x | 4.83x | CN¥-87.72 Million |
| 2016 | 3.89% | 1.08% | 0.52x | 6.88x | CN¥-80.67 Million |
| 2017 | -21.08% | -4.22% | 0.68x | 7.31x | CN¥-339.31 Million |
| 2018 | -230.96% | -28.39% | 0.44x | 18.44x | CN¥-932.02 Million |
| 2019 | 11.24% | 1.42% | 0.64x | 12.35x | CN¥5.27 Million |
| 2020 | 18.90% | 3.05% | 0.64x | 9.70x | CN¥46.89 Million |
| 2021 | -106.72% | -15.90% | 0.47x | 14.27x | CN¥-309.63 Million |
| 2022 | -830.81% | -17.39% | 0.44x | 108.19x | CN¥-261.89 Million |
| 2023 | -19.98% | -7.92% | 0.65x | 3.88x | CN¥-254.91 Million |
| 2024 | 0.98% | 0.31% | 0.76x | 4.22x | CN¥-77.43 Million |
Industry Comparison
This section compares Anhui Ankai Automobile Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $17,705,602,510
- Average return on equity (ROE) among peers: -42.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Ankai Automobile Co Ltd (000868) | CN¥886.84 Million | 33.95% | 3.80x | $311.06 Million |
| Weichai Power Co Ltd Class A (000338) | $40.85 Billion | 12.24% | 1.95x | $22.99 Billion |
| Haima Automobile Group Co Ltd (000572) | $51.44 Million | 0.00% | 13.34x | $994.86 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $46.15 Billion | 1.47% | 1.03x | $12.14 Billion |
| Faw Car Co Ltd (000800) | $4.48 Billion | 10.21% | 0.28x | $984.75 Million |
| Kunming Yunnei Power Co Ltd (000903) | $3.54 Billion | 4.55% | 0.82x | $463.94 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $832.28 Million | 13.17% | 0.69x | $570.39 Million |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.37 Billion |
| Yinyi Real Estate Co Ltd (000981) | $596.31 Million | -14.36% | 0.78x | $1.56 Billion |
| BYD Co Ltd Class A (002594) | $62.60 Billion | 2.58% | 2.13x | $87.17 Billion |