Zotye Automobile Co Ltd (000980) - Net Assets
Based on the latest financial reports, Zotye Automobile Co Ltd (000980) has net assets worth CN¥36.48 Million CNY (≈ $5.34 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.23 Billion ≈ $472.43 Million USD) and total liabilities (CN¥3.19 Billion ≈ $467.09 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 000980 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥36.48 Million |
| % of Total Assets | 1.13% |
| Annual Growth Rate | 0.29% |
| 5-Year Change | -96.54% |
| 10-Year Change | -94.48% |
| Growth Volatility | 143.31 |
Zotye Automobile Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Zotye Automobile Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Zotye Automobile Co Ltd (000980) market capitalisation.
Annual Net Assets for Zotye Automobile Co Ltd (1997–2025)
The table below shows the annual net assets of Zotye Automobile Co Ltd from 1997 to 2025. Also explore Zotye Automobile Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥119.38 Million ≈ $17.47 Million |
-50.35% |
| 2024-12-31 | CN¥240.46 Million ≈ $35.19 Million |
-84.01% |
| 2023-12-31 | CN¥1.50 Billion ≈ $220.02 Million |
-38.43% |
| 2022-12-31 | CN¥2.44 Billion ≈ $357.33 Million |
-29.16% |
| 2021-12-31 | CN¥3.45 Billion ≈ $504.39 Million |
+178.05% |
| 2020-12-31 | CN¥-4.42 Billion ≈ $-646.23 Million |
-169.14% |
| 2019-12-31 | CN¥6.39 Billion ≈ $934.72 Million |
-63.66% |
| 2018-12-31 | CN¥17.58 Billion ≈ $2.57 Billion |
+3.84% |
| 2017-12-31 | CN¥16.93 Billion ≈ $2.48 Billion |
+682.42% |
| 2016-12-31 | CN¥2.16 Billion ≈ $316.61 Million |
+3.67% |
| 2015-12-31 | CN¥2.09 Billion ≈ $305.40 Million |
+2.96% |
| 2014-12-31 | CN¥2.03 Billion ≈ $296.62 Million |
+1.73% |
| 2013-12-31 | CN¥1.99 Billion ≈ $291.58 Million |
+61.98% |
| 2012-12-31 | CN¥1.23 Billion ≈ $180.01 Million |
+2.35% |
| 2011-12-31 | CN¥1.20 Billion ≈ $175.88 Million |
+3.07% |
| 2010-12-31 | CN¥1.17 Billion ≈ $170.65 Million |
+3.88% |
| 2009-12-31 | CN¥1.12 Billion ≈ $164.27 Million |
+3.04% |
| 2008-12-31 | CN¥1.09 Billion ≈ $159.43 Million |
+2.20% |
| 2007-12-31 | CN¥1.07 Billion ≈ $156.00 Million |
+147.22% |
| 2006-12-31 | CN¥431.23 Million ≈ $63.10 Million |
+2.72% |
| 2005-12-31 | CN¥419.82 Million ≈ $61.43 Million |
+3.60% |
| 2004-12-31 | CN¥405.24 Million ≈ $59.30 Million |
+3.30% |
| 2003-12-31 | CN¥392.29 Million ≈ $57.40 Million |
+5.16% |
| 2002-12-31 | CN¥373.04 Million ≈ $54.59 Million |
-19.20% |
| 2001-12-31 | CN¥461.71 Million ≈ $67.56 Million |
-7.52% |
| 2000-12-31 | CN¥499.24 Million ≈ $73.05 Million |
+188.59% |
| 1999-12-31 | CN¥172.99 Million ≈ $25.31 Million |
+28.41% |
| 1998-12-31 | CN¥134.72 Million ≈ $19.71 Million |
+22.22% |
| 1997-12-31 | CN¥110.23 Million ≈ $16.13 Million |
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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 2366833420537.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥23.78 Billion | 20764.61% |
| Total Equity | CN¥114.54 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 |
|---|---|
|
ConnectOne Bancorp, Inc.
NASDAQ:CNOB
|
$1.59 Billion |
|
Investment and Industrial Development Joint Stock Corp
VN:BCM
|
$1.59 Billion |
|
C3 Ai Inc
NYSE:AI
|
$1.59 Billion |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
$1.59 Billion |
|
Xintai Ntrl Gas
SHG:603393
|
$1.59 Billion |
|
Jiangsu Expressway Company Limited
F:JE2
|
$1.59 Billion |
|
Nayax Ltd
NASDAQ:NYAX
|
$1.59 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
$1.58 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 2024 to 2025, total equity changed from 234,841,183 to 114,535,601, a change of -120,305,582 (-51.2%).
- Net loss of 367,228,021 reduced equity.
- Dividend payments of 16,146,334 reduced retained earnings.
- Other comprehensive income decreased equity by 344,883,882.
- Other factors increased equity by 607,952,655.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-367.23 Million | -320.62% |
| Dividends Paid | CN¥16.15 Million | -14.1% |
| Other Comprehensive Income | CN¥-344.88 Million | -301.12% |
| Other Changes | CN¥607.95 Million | +530.8% |
| Total Change | CN¥- | -51.23% |
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: 94.66x
- 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 4.32x to 94.66x 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¥2.15 | x |
| 1998-12-31 | CN¥0.61 | CN¥2.15 | x |
| 1999-12-31 | CN¥0.78 | CN¥2.15 | x |
| 2000-12-31 | CN¥2.25 | CN¥2.15 | x |
| 2001-12-31 | CN¥2.08 | CN¥2.15 | x |
| 2002-12-31 | CN¥1.68 | CN¥2.15 | x |
| 2003-12-31 | CN¥1.74 | CN¥2.15 | x |
| 2004-12-31 | CN¥1.78 | CN¥2.15 | x |
| 2005-12-31 | CN¥1.83 | CN¥2.15 | x |
| 2006-12-31 | CN¥1.89 | CN¥2.15 | x |
| 2007-12-31 | CN¥4.32 | CN¥2.15 | x |
| 2008-12-31 | CN¥3.30 | CN¥2.15 | x |
| 2009-12-31 | CN¥3.66 | CN¥2.15 | x |
| 2010-12-31 | CN¥3.70 | CN¥2.15 | x |
| 2011-12-31 | CN¥3.61 | CN¥2.15 | x |
| 2012-12-31 | CN¥3.99 | CN¥2.15 | x |
| 2013-12-31 | CN¥6.10 | CN¥2.15 | x |
| 2014-12-31 | CN¥3.85 | CN¥2.15 | x |
| 2015-12-31 | CN¥3.79 | CN¥2.15 | x |
| 2016-12-31 | CN¥3.97 | CN¥2.15 | x |
| 2017-12-31 | CN¥10.64 | CN¥2.15 | x |
| 2018-12-31 | CN¥8.57 | CN¥2.15 | x |
| 2019-12-31 | CN¥3.15 | CN¥2.15 | x |
| 2020-12-31 | CN¥-2.18 | CN¥2.15 | x |
| 2021-12-31 | CN¥1.56 | CN¥2.15 | x |
| 2022-12-31 | CN¥0.48 | CN¥2.15 | x |
| 2023-12-31 | CN¥0.29 | CN¥2.15 | x |
| 2024-12-31 | CN¥0.05 | CN¥2.15 | x |
| 2025-12-31 | CN¥0.02 | CN¥2.15 | 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): -320.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -70.49%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 30.08x
- Recent ROE (-320.62%) is below the historical average (-28.95%), 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 |
| 2025 | -320.62% | -70.49% | 0.15x | 30.08x | CN¥-378.68 Million |
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: $17,775,823,104
- Average return on equity (ROE) among peers: 13.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zotye Automobile Co Ltd (000980) | CN¥36.48 Million | 21.57% | 87.50x | $1.59 Billion |
| Weichai Power Co Ltd Class A (000338) | $105.51 Billion | 9.00% | 1.78x | $25.01 Billion |
| Jiangling Motors Corp Ltd (000550) | $2.99 Billion | 16.56% | 0.56x | $1.31 Billion |
| Haima Automobile Group Co Ltd (000572) | $263.88 Million | 0.33% | 2.46x | $972.27 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $43.35 Billion | 23.72% | 1.46x | $8.57 Billion |
| Anhui Ankai Automobile Co Ltd (000868) | $44.98 Million | 33.95% | 1.75x | $507.30 Million |
| Kunming Yunnei Power Co Ltd (000903) | $621.16 Million | 12.87% | 0.35x | $580.41 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $2.52 Billion | 3.28% | 0.55x | $831.16 Million |
| Yinyi Real Estate Co Ltd (000981) | $741.88 Million | 2.18% | 0.81x | $4.01 Billion |
| BYD Co Ltd Class A (002594) | $3.93 Billion | 22.77% | 1.20x | $66.76 Billion |
About Zotye Automobile Co Ltd
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