Zhejiang Founder Motor Co Ltd

SHE:002196 China Specialty Industrial Machinery
Market Cap
$941.43 Million
CN¥6.91 Billion CNY
Market Cap Rank
#8310 Global
#1552 in China
Share Price
CN¥13.93
Change (1 day)
-2.66%
52-Week Range
CN¥7.00 - CN¥18.68
All Time High
CN¥22.17
About

Zhejiang Founder Motor Co., Ltd. provides micro-motors and controllers in China and internationally. It operates through Drive Motors and Automotive Electronics, Intelligent Controllers, and Micro Motors segments. It offers components for engines and new energy systems used in commercial vehicles, construction machinery, marine industry, generator sets, and EV drive systems. It also researches, d… Read more

Zhejiang Founder Motor Co Ltd (002196) - Net Assets

Latest net assets as of September 2025: CN¥1.42 Billion CNY

Based on the latest financial reports, Zhejiang Founder Motor Co Ltd (002196) has net assets worth CN¥1.42 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¥4.44 Billion) and total liabilities (CN¥3.03 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¥1.42 Billion
% of Total Assets 31.9%
Annual Growth Rate 14.51%
5-Year Change -11.26%
10-Year Change -37.31%
Growth Volatility 49.04

Zhejiang Founder Motor Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Zhejiang Founder Motor 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 Founder Motor Co Ltd (2004–2024)

The table below shows the annual net assets of Zhejiang Founder Motor Co Ltd from 2004 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.41 Billion -0.29%
2023-12-31 CN¥1.41 Billion +12.04%
2022-12-31 CN¥1.26 Billion -16.85%
2021-12-31 CN¥1.51 Billion -4.45%
2020-12-31 CN¥1.58 Billion -25.02%
2019-12-31 CN¥2.11 Billion +7.28%
2018-12-31 CN¥1.97 Billion -20.41%
2017-12-31 CN¥2.47 Billion +5.23%
2016-12-31 CN¥2.35 Billion +4.86%
2015-12-31 CN¥2.24 Billion +174.55%
2014-12-31 CN¥817.02 Million +32.46%
2013-12-31 CN¥616.80 Million +105.99%
2012-12-31 CN¥299.43 Million +1.00%
2011-12-31 CN¥296.47 Million +10.40%
2010-12-31 CN¥268.54 Million +5.89%
2009-12-31 CN¥253.61 Million -1.88%
2008-12-31 CN¥258.47 Million -2.32%
2007-12-31 CN¥264.61 Million +111.22%
2006-12-31 CN¥125.28 Million +11.71%
2005-12-31 CN¥112.15 Million +19.81%
2004-12-31 CN¥93.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Founder Motor 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 4268.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥497.67 Million 35.44%
Other Components CN¥1.90 Billion 135.02%
Total Equity CN¥1.40 Billion 100.00%

Zhejiang Founder Motor Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Founder Motor Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,408,405,638 to 1,404,107,025, a change of -4,298,613 (-0.3%).
  • Net loss of 28,345,279 reduced equity.
  • Dividend payments of 31,184,108 reduced retained earnings.
  • Share repurchases of 5,754,000 reduced equity.
  • Other comprehensive income decreased equity by 100,526,795.
  • Other factors increased equity by 161,511,569.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-28.35 Million -2.02%
Dividends Paid CN¥31.18 Million -2.22%
Share Repurchases CN¥5.75 Million -0.41%
Other Comprehensive Income CN¥-100.53 Million -7.16%
Other Changes CN¥161.51 Million +11.5%
Total Change CN¥- -0.31%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Founder Motor 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: 4.93x
  • 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 23.09x to 4.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.60 CN¥13.93 x
2005-12-31 CN¥0.71 CN¥13.93 x
2006-12-31 CN¥0.83 CN¥13.93 x
2007-12-31 CN¥1.82 CN¥13.93 x
2008-12-31 CN¥1.31 CN¥13.93 x
2009-12-31 CN¥1.36 CN¥13.93 x
2010-12-31 CN¥1.40 CN¥13.93 x
2011-12-31 CN¥1.50 CN¥13.93 x
2012-12-31 CN¥1.55 CN¥13.93 x
2013-12-31 CN¥2.67 CN¥13.93 x
2014-12-31 CN¥3.26 CN¥13.93 x
2015-12-31 CN¥7.01 CN¥13.93 x
2016-12-31 CN¥5.34 CN¥13.93 x
2017-12-31 CN¥5.40 CN¥13.93 x
2018-12-31 CN¥4.45 CN¥13.93 x
2019-12-31 CN¥4.49 CN¥13.93 x
2020-12-31 CN¥3.12 CN¥13.93 x
2021-12-31 CN¥3.19 CN¥13.93 x
2022-12-31 CN¥2.60 CN¥13.93 x
2023-12-31 CN¥2.83 CN¥13.93 x
2024-12-31 CN¥2.82 CN¥13.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Founder Motor 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): -2.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.15%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 2.94x
  • Recent ROE (-2.02%) is below the historical average (1.40%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 19.50% 7.96% 1.13x 2.16x CN¥8.42 Million
2005 16.10% 6.12% 0.86x 3.05x CN¥6.19 Million
2006 17.05% 5.66% 0.96x 3.15x CN¥8.47 Million
2007 11.66% 7.47% 0.70x 2.22x CN¥4.40 Million
2008 6.58% 5.40% 0.66x 1.84x CN¥-8.84 Million
2009 1.73% 1.53% 0.57x 1.97x CN¥-20.97 Million
2010 8.43% 4.39% 0.90x 2.12x CN¥-4.21 Million
2011 13.32% 6.83% 0.84x 2.33x CN¥9.86 Million
2012 6.81% 4.29% 0.71x 2.25x CN¥-9.55 Million
2013 0.88% 1.12% 0.54x 1.46x CN¥-56.24 Million
2014 1.26% 1.64% 0.49x 1.58x CN¥-70.44 Million
2015 2.67% 7.43% 0.29x 1.25x CN¥-162.21 Million
2016 5.05% 11.27% 0.36x 1.24x CN¥-115.87 Million
2017 5.37% 10.04% 0.40x 1.34x CN¥-114.18 Million
2018 -22.67% -32.59% 0.48x 1.46x CN¥-640.36 Million
2019 0.80% 1.51% 0.39x 1.36x CN¥-193.49 Million
2020 -43.98% -56.21% 0.44x 1.77x CN¥-788.26 Million
2021 0.02% 0.01% 0.59x 2.14x CN¥-149.24 Million
2022 -26.21% -13.98% 0.61x 3.06x CN¥-450.00 Million
2023 7.11% 4.01% 0.61x 2.89x CN¥-40.76 Million
2024 -2.02% -1.15% 0.60x 2.94x CN¥-168.76 Million

Industry Comparison

This section compares Zhejiang Founder Motor Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Founder Motor Co Ltd (002196) CN¥1.42 Billion 19.50% 2.13x $783.79 Million
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million