Zhejiang Qianjiang Motorcycle Co Ltd

SHE:000913 China Auto Manufacturers
Market Cap
$1.15 Billion
CN¥8.44 Billion CNY
Market Cap Rank
#9596 Global
#2012 in China
Share Price
CN¥16.02
Change (1 day)
+0.69%
52-Week Range
CN¥14.77 - CN¥19.06
All Time High
CN¥29.44
Categories
Companies in China Auto Manufacturers
About

Zhejiang Qianjiang Motorcycle Co., Ltd. researches and develops, manufactures, sells, and services motorcycles and accessories in China and internationally. It also provides electric and ATV/UTV models. The company offers its products under the QJmotor and Benelli brand names. Zhejiang Qianjiang Motorcycle Co., Ltd. was founded in 1985 and is based in Taizhou, China.

Zhejiang Qianjiang Motorcycle Co Ltd (000913) - Net Assets

Latest net assets as of September 2025: CN¥4.72 Billion CNY

Based on the latest financial reports, Zhejiang Qianjiang Motorcycle Co Ltd (000913) has net assets worth CN¥4.72 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¥10.53 Billion) and total liabilities (CN¥5.81 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¥4.72 Billion
% of Total Assets 44.82%
Annual Growth Rate 11.04%
5-Year Change 78.82%
10-Year Change 136.29%
Growth Volatility 27.59

Zhejiang Qianjiang Motorcycle Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Zhejiang Qianjiang Motorcycle 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 Zhejiang Qianjiang Motorcycle Co Ltd (1996–2024)

The table below shows the annual net assets of Zhejiang Qianjiang Motorcycle Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.80 Billion +7.94%
2023-12-31 CN¥4.45 Billion +26.50%
2022-12-31 CN¥3.51 Billion +16.59%
2021-12-31 CN¥3.01 Billion +12.33%
2020-12-31 CN¥2.68 Billion +0.37%
2019-12-31 CN¥2.67 Billion +6.26%
2018-12-31 CN¥2.52 Billion -0.31%
2017-12-31 CN¥2.52 Billion +6.69%
2016-12-31 CN¥2.37 Billion +16.49%
2015-12-31 CN¥2.03 Billion -3.12%
2014-12-31 CN¥2.10 Billion -7.99%
2013-12-31 CN¥2.28 Billion -2.31%
2012-12-31 CN¥2.33 Billion +59.84%
2011-12-31 CN¥1.46 Billion -0.64%
2010-12-31 CN¥1.47 Billion +8.97%
2009-12-31 CN¥1.35 Billion +7.92%
2008-12-31 CN¥1.25 Billion -0.57%
2007-12-31 CN¥1.26 Billion +2.85%
2006-12-31 CN¥1.22 Billion -8.61%
2005-12-31 CN¥1.34 Billion -2.01%
2004-12-31 CN¥1.36 Billion +5.00%
2003-12-31 CN¥1.30 Billion -1.20%
2002-12-31 CN¥1.31 Billion +1.43%
2001-12-31 CN¥1.30 Billion +36.22%
2000-12-31 CN¥951.29 Million +14.30%
1999-12-31 CN¥832.28 Million +114.57%
1998-12-31 CN¥387.89 Million +78.51%
1997-12-31 CN¥217.30 Million -14.96%
1996-12-31 CN¥255.51 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Qianjiang Motorcycle 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 grown by 180580368100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.81 Billion 37.68%
Common Stock CN¥526.67 Million 10.99%
Other Components CN¥2.46 Billion 51.33%
Total Equity CN¥4.79 Billion 100.00%

Zhejiang Qianjiang Motorcycle Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Qianjiang Motorcycle Co Ltd ranked by their market capitalization.

Company Market Cap
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
 		$573.33 Million
Shenzhen Hirisun Technology Inc
SHE:300277
 		$573.54 Million
A-Zenith Home Furnishings Co Ltd
SHG:603389
 		$573.56 Million
BRIDGEPOINT AD.LS -00005
F:8XW
 		$573.78 Million
Ningxia Western Venture Industrial Co Ltd
SHE:000557
 		$573.05 Million
Shenzhen Prince New Materials Co Ltd
SHE:002735
 		$573.04 Million
Sekerbank TAS
IS:SKBNK
 		$573.01 Million
Sionna Therapeutics, Inc. Common Stock
NASDAQ:SION
 		$572.97 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Qianjiang Motorcycle Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,435,069,506 to 4,792,029,479, a change of 356,959,973 (8.0%).
  • Net income of 676,738,054 contributed positively to equity growth.
  • Dividend payments of 411,102,213 reduced retained earnings.
  • Share repurchases of 1,839,750 reduced equity.
  • Other factors increased equity by 93,163,882.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥676.74 Million +14.12%
Dividends Paid CN¥411.10 Million -8.58%
Share Repurchases CN¥1.84 Million -0.04%
Other Changes CN¥93.16 Million +1.94%
Total Change CN¥- 8.05%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Qianjiang Motorcycle 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: 1.75x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 51.87x to 1.75x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.31 CN¥16.02 x
1997-12-31 CN¥0.36 CN¥16.02 x
1998-12-31 CN¥0.69 CN¥16.02 x
1999-12-31 CN¥1.62 CN¥16.02 x
2000-12-31 CN¥1.86 CN¥16.02 x
2001-12-31 CN¥2.60 CN¥16.02 x
2002-12-31 CN¥2.66 CN¥16.02 x
2003-12-31 CN¥2.77 CN¥16.02 x
2004-12-31 CN¥2.52 CN¥16.02 x
2005-12-31 CN¥2.48 CN¥16.02 x
2006-12-31 CN¥2.64 CN¥16.02 x
2007-12-31 CN¥2.64 CN¥16.02 x
2008-12-31 CN¥2.76 CN¥16.02 x
2009-12-31 CN¥2.95 CN¥16.02 x
2010-12-31 CN¥3.06 CN¥16.02 x
2011-12-31 CN¥3.20 CN¥16.02 x
2012-12-31 CN¥5.02 CN¥16.02 x
2013-12-31 CN¥4.96 CN¥16.02 x
2014-12-31 CN¥4.56 CN¥16.02 x
2015-12-31 CN¥4.45 CN¥16.02 x
2016-12-31 CN¥5.14 CN¥16.02 x
2017-12-31 CN¥5.36 CN¥16.02 x
2018-12-31 CN¥5.49 CN¥16.02 x
2019-12-31 CN¥5.95 CN¥16.02 x
2020-12-31 CN¥6.05 CN¥16.02 x
2021-12-31 CN¥6.60 CN¥16.02 x
2022-12-31 CN¥7.67 CN¥16.02 x
2023-12-31 CN¥8.42 CN¥16.02 x
2024-12-31 CN¥9.17 CN¥16.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Qianjiang Motorcycle 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): 14.12%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.22%
  • • Asset Turnover: 0.59x
  • • Equity Multiplier: 2.15x
  • Recent ROE (14.12%) is above the historical average (9.00%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 56.44% 7.90% 1.65x 4.33x CN¥65.01 Million
1997 31.75% 5.44% 1.75x 3.33x CN¥35.08 Million
1998 20.20% 4.82% 1.96x 2.14x CN¥31.82 Million
1999 14.95% 4.41% 1.77x 1.92x CN¥36.27 Million
2000 16.53% 3.71% 2.40x 1.86x CN¥54.89 Million
2001 6.41% 2.78% 1.45x 1.60x CN¥-42.27 Million
2002 5.99% 2.67% 1.41x 1.59x CN¥-48.29 Million
2003 4.31% 1.76% 1.64x 1.49x CN¥-71.55 Million
2004 7.94% 2.79% 1.31x 2.18x CN¥-23.47 Million
2005 4.50% 1.58% 1.23x 2.30x CN¥-61.84 Million
2006 2.65% 0.90% 1.24x 2.36x CN¥-86.27 Million
2007 6.45% 1.81% 1.36x 2.61x CN¥-42.40 Million
2008 3.26% 1.04% 1.28x 2.45x CN¥-83.88 Million
2009 9.48% 3.50% 1.30x 2.08x CN¥-7.03 Million
2010 4.90% 1.84% 1.00x 2.66x CN¥-72.67 Million
2011 -1.25% -0.48% 0.96x 2.73x CN¥-158.50 Million
2012 0.40% 0.25% 0.93x 1.73x CN¥-220.05 Million
2013 0.60% 0.41% 0.80x 1.83x CN¥-210.43 Million
2014 -9.43% -8.14% 0.66x 1.75x CN¥-403.02 Million
2015 -6.51% -6.09% 0.62x 1.71x CN¥-330.28 Million
2016 14.02% 14.54% 0.63x 1.53x CN¥94.08 Million
2017 3.36% 3.05% 0.69x 1.59x CN¥-163.66 Million
2018 2.55% 2.05% 0.71x 1.76x CN¥-184.90 Million
2019 8.45% 6.02% 0.80x 1.75x CN¥-41.86 Million
2020 8.72% 6.63% 0.78x 1.68x CN¥-35.04 Million
2021 7.94% 5.51% 0.84x 1.71x CN¥-61.82 Million
2022 11.89% 7.36% 0.84x 1.93x CN¥66.00 Million
2023 10.46% 9.10% 0.60x 1.91x CN¥20.52 Million
2024 14.12% 11.22% 0.59x 2.15x CN¥197.54 Million

Industry Comparison

This section compares Zhejiang Qianjiang Motorcycle Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

  • Industry: Auto Manufacturers
  • Average net assets among peers: $9,870,094,962
  • Average return on equity (ROE) among peers: 5.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Qianjiang Motorcycle Co Ltd (000913) CN¥4.72 Billion 56.44% 1.23x $573.26 Million
Weichai Power Co Ltd Class A (000338) $56.35 Billion 12.08% 2.37x $22.85 Billion
Jiangling Motors Corp Ltd (000550) $10.38 Billion 0.88% 1.25x $194.79 Million
Haima Automobile Group Co Ltd (000572) $2.98 Billion -52.91% 1.12x $904.42 Million
Chongqing Changan Automobile Co Ltd (000625) $7.69 Billion 8.67% 0.87x $12.15 Billion
Faw Car Co Ltd (000800) $4.88 Billion 5.51% 0.38x $987.62 Million
Anhui Ankai Automobile Co Ltd (000868) $1.33 Billion 7.38% 1.70x $309.73 Million
Kunming Yunnei Power Co Ltd (000903) $2.47 Billion 8.16% 0.51x $463.94 Million
Zotye Automobile Co Ltd (000980) $2.16 Billion 60.41% 0.90x $1.36 Billion
Yinyi Real Estate Co Ltd (000981) $580.30 Million 2.32% 0.95x $1.44 Billion