Zotye Automobile Co Ltd (000980) - Net Assets

Latest as of September 2025: CN¥19.72 Million CNY ≈ $2.89 Million USD

Based on the latest financial reports, Zotye Automobile Co Ltd (000980) has net assets worth CN¥19.72 Million CNY (≈ $2.89 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¥3.37 Billion ≈ $493.15 Million USD) and total liabilities (CN¥3.35 Billion ≈ $490.27 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 Zotye Automobile Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

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. See 000980 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see Zotye Automobile Co Ltd market cap and net worth.

Year	Net Assets	Change
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	--

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
PHARVARIS N.V. EO -12 F:9EN	$1.67 Billion
Grand City Properties SA F:GYC	$1.67 Billion
Attendo AB (publ) ST:ATT	$1.67 Billion
AECC Aero Science and Technology Co Ltd SHG:600391	$1.67 Billion
Okeanis Eco Tankers Corp OL:OET	$1.67 Billion
Wangfujing SHG:600859	$1.67 Billion
YOUZU Interactive Co Ltd SHE:002174	$1.67 Billion
Essity AB (publ) ST:ESSITY-A	$1.67 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: 48.14x
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 4.54x to 48.14x 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¥2.26	x
1998-12-31	CN¥0.61	CN¥2.26	x
1999-12-31	CN¥0.78	CN¥2.26	x
2000-12-31	CN¥2.25	CN¥2.26	x
2001-12-31	CN¥2.08	CN¥2.26	x
2002-12-31	CN¥1.68	CN¥2.26	x
2003-12-31	CN¥1.74	CN¥2.26	x
2004-12-31	CN¥1.78	CN¥2.26	x
2005-12-31	CN¥1.83	CN¥2.26	x
2006-12-31	CN¥1.89	CN¥2.26	x
2007-12-31	CN¥4.32	CN¥2.26	x
2008-12-31	CN¥3.30	CN¥2.26	x
2009-12-31	CN¥3.66	CN¥2.26	x
2010-12-31	CN¥3.70	CN¥2.26	x
2011-12-31	CN¥3.61	CN¥2.26	x
2012-12-31	CN¥3.99	CN¥2.26	x
2013-12-31	CN¥6.10	CN¥2.26	x
2014-12-31	CN¥3.85	CN¥2.26	x
2015-12-31	CN¥3.79	CN¥2.26	x
2016-12-31	CN¥3.97	CN¥2.26	x
2017-12-31	CN¥10.64	CN¥2.26	x
2018-12-31	CN¥8.57	CN¥2.26	x
2019-12-31	CN¥3.15	CN¥2.26	x
2020-12-31	CN¥-2.18	CN¥2.26	x
2021-12-31	CN¥1.56	CN¥2.26	x
2022-12-31	CN¥0.48	CN¥2.26	x
2023-12-31	CN¥0.29	CN¥2.26	x
2024-12-31	CN¥0.05	CN¥2.26	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: $5,614,134,171
Average return on equity (ROE) among peers: 9.35%

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	$1.67 Billion
Weichai Power Co Ltd Class A (000338)	$11.33 Billion	17.05%	1.58x	$28.79 Billion
Jiangling Motors Corp Ltd (000550)	$4.15 Billion	18.89%	0.44x	$1.32 Billion
Haima Automobile Group Co Ltd (000572)	$5.72 Billion	1.49%	0.88x	$989.12 Million
Chongqing Changan Automobile Co Ltd (000625)	$2.34 Billion	0.71%	1.26x	$8.94 Billion
Anhui Ankai Automobile Co Ltd (000868)	$894.90 Million	-18.98%	2.68x	$499.05 Million
Kunming Yunnei Power Co Ltd (000903)	$946.70 Million	6.91%	1.03x	$557.76 Million
Zhejiang Qianjiang Motorcycle Co Ltd (000913)	$217.30 Million	23.56%	1.47x	$935.15 Million
Yinyi Real Estate Co Ltd (000981)	$71.56 Million	32.27%	2.66x	$4.90 Billion
BYD Co Ltd Class A (002594)	$24.86 Billion	2.23%	2.07x	$69.55 Billion

About Zotye Automobile Co Ltd

SHE:000980 China Auto Manufacturers

Market Cap

$1.67 Billion

CN¥11.40 Billion CNY

Market Cap Rank

#6952 Global

#1558 in China

Share Price

CN¥2.26

Change (1 day)

-1.74%

52-Week Range

CN¥1.94 - CN¥4.12

All Time High

CN¥17.76