Zotye Automobile Co Ltd

SHE:000980 China Auto Manufacturers
Market Cap
$1.88 Billion
CN¥13.82 Billion CNY
Market Cap Rank
#6144 Global
#901 in China
Share Price
CN¥2.74
Change (1 day)
+0.74%
52-Week Range
CN¥1.88 - CN¥4.12
All Time High
CN¥17.76
Categories
Companies in China Auto Manufacturers
About

Zotye Automobile Co., Ltd engages in the research and development, manufacturing, and sale of automobiles in China and internationally. It offers car, SUV, MPV, and new energy vehicles. The company also designs, develops, and manufactures components, such as engines, transmissions, batteries, motors, and electronic controls; and provides customer support, after-sales services, spare parts, and wa… Read more

Zotye Automobile Co Ltd (000980) - Net Assets

Latest net assets as of September 2025: CN¥19.72 Million CNY

Based on the latest financial reports, Zotye Automobile Co Ltd (000980) has net assets worth CN¥19.72 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¥3.37 Billion) and total liabilities (CN¥3.35 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¥19.72 Million
% of Total Assets 0.59%
Annual Growth Rate 2.93%
5-Year Change N/A
10-Year Change -88.48%
Growth Volatility 145.23

Zotye Automobile Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Zotye 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 Zotye Automobile Co Ltd (1997–2024)

The table below shows the annual net assets of Zotye Automobile Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥240.46 Million -84.01%
2023-12-31 CN¥1.50 Billion -38.43%
2022-12-31 CN¥2.44 Billion -29.16%
2021-12-31 CN¥3.45 Billion +178.05%
2020-12-31 CN¥-4.42 Billion -169.14%
2019-12-31 CN¥6.39 Billion -63.66%
2018-12-31 CN¥17.58 Billion +3.84%
2017-12-31 CN¥16.93 Billion +682.42%
2016-12-31 CN¥2.16 Billion +3.67%
2015-12-31 CN¥2.09 Billion +2.96%
2014-12-31 CN¥2.03 Billion +1.73%
2013-12-31 CN¥1.99 Billion +61.98%
2012-12-31 CN¥1.23 Billion +2.35%
2011-12-31 CN¥1.20 Billion +3.07%
2010-12-31 CN¥1.17 Billion +3.88%
2009-12-31 CN¥1.12 Billion +3.04%
2008-12-31 CN¥1.09 Billion +2.20%
2007-12-31 CN¥1.07 Billion +147.22%
2006-12-31 CN¥431.23 Million +2.72%
2005-12-31 CN¥419.82 Million +3.60%
2004-12-31 CN¥405.24 Million +3.30%
2003-12-31 CN¥392.29 Million +5.16%
2002-12-31 CN¥373.04 Million -19.20%
2001-12-31 CN¥461.71 Million -7.52%
2000-12-31 CN¥499.24 Million +188.59%
1999-12-31 CN¥172.99 Million +28.41%
1998-12-31 CN¥134.72 Million +22.22%
1997-12-31 CN¥110.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zotye 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 2330110618400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥5.04 Billion 2147.22%
Other Comprehensive Income CN¥344.88 Million 146.86%
Other Components CN¥18.15 Billion 7728.00%
Total Equity CN¥234.84 Million 100.00%

Zotye Automobile Co Ltd Competitors by Market Cap

The table below lists competitors of Zotye Automobile Co Ltd ranked by their market capitalization.

Company Market Cap
INTER CARS SA ZY 2
F:7FZ
 		$1.37 Billion
Industrial & Infrastructure Fund Investment Corp
F:2ES
 		$1.37 Billion
Shenzhen International Holdings Limited
F:SXYA
 		$1.37 Billion
Tian Di Science & Technology Co Ltd
SHG:600582
 		$1.37 Billion
Asker Healthcare Group AB
F:I88
 		$1.37 Billion
IperionX Limited American Depositary Share
NASDAQ:IPX
 		$1.37 Billion
Bank First National Corp
NASDAQ:BFC
 		$1.37 Billion
Zhejiang CONBA Pharmaceutical Co Ltd
SHG:600572
 		$1.37 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,498,287,188 to 234,841,183, a change of -1,263,446,005 (-84.3%).
  • Net loss of 1,000,463,249 reduced equity.
  • Dividend payments of 73,006,545 reduced retained earnings.
  • Other comprehensive income increased equity by 344,196,249.
  • Other factors decreased equity by 534,172,460.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.00 Billion -426.02%
Dividends Paid CN¥73.01 Million -31.09%
Other Comprehensive Income CN¥344.20 Million +146.57%
Other Changes CN¥-534.17 Million -227.46%
Total Change CN¥- -84.33%

Book Value vs Market Value Analysis

This analysis compares Zotye 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: 58.36x
  • 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 5.51x to 58.36x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.50 CN¥2.74 x
1998-12-31 CN¥0.61 CN¥2.74 x
1999-12-31 CN¥0.78 CN¥2.74 x
2000-12-31 CN¥2.25 CN¥2.74 x
2001-12-31 CN¥2.08 CN¥2.74 x
2002-12-31 CN¥1.68 CN¥2.74 x
2003-12-31 CN¥1.74 CN¥2.74 x
2004-12-31 CN¥1.78 CN¥2.74 x
2005-12-31 CN¥1.83 CN¥2.74 x
2006-12-31 CN¥1.89 CN¥2.74 x
2007-12-31 CN¥4.32 CN¥2.74 x
2008-12-31 CN¥3.30 CN¥2.74 x
2009-12-31 CN¥3.66 CN¥2.74 x
2010-12-31 CN¥3.70 CN¥2.74 x
2011-12-31 CN¥3.61 CN¥2.74 x
2012-12-31 CN¥3.99 CN¥2.74 x
2013-12-31 CN¥6.10 CN¥2.74 x
2014-12-31 CN¥3.85 CN¥2.74 x
2015-12-31 CN¥3.79 CN¥2.74 x
2016-12-31 CN¥3.97 CN¥2.74 x
2017-12-31 CN¥10.64 CN¥2.74 x
2018-12-31 CN¥8.57 CN¥2.74 x
2019-12-31 CN¥3.15 CN¥2.74 x
2020-12-31 CN¥-2.18 CN¥2.74 x
2021-12-31 CN¥1.56 CN¥2.74 x
2022-12-31 CN¥0.48 CN¥2.74 x
2023-12-31 CN¥0.29 CN¥2.74 x
2024-12-31 CN¥0.05 CN¥2.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zotye 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): -426.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -179.26%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 15.36x
  • Recent ROE (-426.02%) is below the historical average (-18.53%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 21.57% 7.96% 1.06x 2.57x CN¥12.75 Million
1998 28.66% 13.19% 0.91x 2.38x CN¥25.14 Million
1999 22.13% 11.41% 0.91x 2.12x CN¥20.98 Million
2000 3.13% 5.57% 0.39x 1.44x CN¥-34.30 Million
2001 -4.32% -9.74% 0.21x 2.14x CN¥-66.12 Million
2002 -23.80% -41.01% 0.24x 2.38x CN¥-126.06 Million
2003 2.28% 6.72% 0.22x 1.52x CN¥-29.77 Million
2004 2.17% 4.88% 0.26x 1.72x CN¥-30.87 Million
2005 2.50% 4.09% 0.35x 1.74x CN¥-30.34 Million
2006 3.71% 4.41% 0.47x 1.78x CN¥-26.40 Million
2007 3.70% 7.32% 0.36x 1.39x CN¥-66.58 Million
2008 2.12% 4.12% 0.34x 1.54x CN¥-85.14 Million
2009 3.01% 5.90% 0.35x 1.47x CN¥-77.98 Million
2010 3.79% 5.46% 0.45x 1.55x CN¥-71.98 Million
2011 3.04% 4.18% 0.47x 1.56x CN¥-83.10 Million
2012 2.25% 3.26% 0.45x 1.52x CN¥-94.66 Million
2013 1.97% 4.32% 0.32x 1.42x CN¥-159.43 Million
2014 8.99% 2.74% 2.28x 1.44x CN¥-20.40 Million
2015 43.75% 6.62% 4.03x 1.64x CN¥701.52 Million
2016 60.66% 5.81% 5.47x 1.91x CN¥1.09 Billion
2017 7.43% 6.04% 0.62x 1.97x CN¥-435.53 Million
2018 4.55% 5.42% 0.45x 1.85x CN¥-956.99 Million
2019 -175.44% -374.78% 0.15x 3.20x CN¥-11.83 Billion
2020 0.00% -772.90% 0.14x 0.00x CN¥-9.90 Billion
2021 -20.50% -85.50% 0.10x 2.33x CN¥-1.05 Billion
2022 -37.79% -117.58% 0.11x 2.92x CN¥-1.16 Billion
2023 -62.51% -127.61% 0.12x 4.12x CN¥-1.09 Billion
2024 -426.02% -179.26% 0.15x 15.36x CN¥-1.02 Billion

Industry Comparison

This section compares Zotye 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: $17,832,500,531
  • Average return on equity (ROE) among peers: 4.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zotye Automobile Co Ltd (000980) CN¥19.72 Million 21.57% 169.86x $1.37 Billion
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
Anhui Ankai Automobile Co Ltd (000868) $1.38 Billion 6.88% 2.00x $311.06 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
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