Zhongshan Broad-Ocean Motor Co Ltd
Zhongshan Broad-Ocean Motor Co., Ltd. engages in the motor systems business in China. The company offers building and home appliances motors, new energy vehicle powertrain systems, and vehicle rotating electrical appliances. The company also provides motors for household/commercial air conditioners, building ventilation equipment, kitchen appliances, automatic garage doors, and water pumps; compr… Read more
Zhongshan Broad-Ocean Motor Co Ltd (002249) - Net Assets
Latest net assets as of September 2025: CN¥10.01 Billion CNY
Based on the latest financial reports, Zhongshan Broad-Ocean Motor Co Ltd (002249) has net assets worth CN¥10.01 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¥18.27 Billion) and total liabilities (CN¥8.26 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¥10.01 Billion |
| % of Total Assets | 54.79% |
| Annual Growth Rate | 30.81% |
| 5-Year Change | 9.21% |
| 10-Year Change | 144.89% |
| Growth Volatility | 89.85 |
Zhongshan Broad-Ocean Motor Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Zhongshan Broad-Ocean 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 Zhongshan Broad-Ocean Motor Co Ltd (2005–2024)
The table below shows the annual net assets of Zhongshan Broad-Ocean Motor Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.42 Billion | +7.27% |
| 2023-12-31 | CN¥8.79 Billion | +4.43% |
| 2022-12-31 | CN¥8.41 Billion | +2.62% |
| 2021-12-31 | CN¥8.20 Billion | -5.00% |
| 2020-12-31 | CN¥8.63 Billion | +18.78% |
| 2019-12-31 | CN¥7.27 Billion | +8.70% |
| 2018-12-31 | CN¥6.68 Billion | -30.82% |
| 2017-12-31 | CN¥9.66 Billion | +8.63% |
| 2016-12-31 | CN¥8.89 Billion | +131.12% |
| 2015-12-31 | CN¥3.85 Billion | +0.73% |
| 2014-12-31 | CN¥3.82 Billion | +38.28% |
| 2013-12-31 | CN¥2.76 Billion | +5.86% |
| 2012-12-31 | CN¥2.61 Billion | +0.64% |
| 2011-12-31 | CN¥2.59 Billion | +90.02% |
| 2010-12-31 | CN¥1.36 Billion | +8.20% |
| 2009-12-31 | CN¥1.26 Billion | +8.21% |
| 2008-12-31 | CN¥1.17 Billion | +379.13% |
| 2007-12-31 | CN¥243.25 Million | +115.82% |
| 2006-12-31 | CN¥112.71 Million | +96.79% |
| 2005-12-31 | CN¥57.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhongshan Broad-Ocean 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 grown by 2079.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥799.86 Million | 8.61% |
| Common Stock | CN¥2.44 Billion | 26.30% |
| Other Comprehensive Income | CN¥769.61 Million | 8.28% |
| Other Components | CN¥5.28 Billion | 56.81% |
| Total Equity | CN¥9.29 Billion | 100.00% |
Zhongshan Broad-Ocean Motor Co Ltd Competitors by Market Cap
The table below lists competitors of Zhongshan Broad-Ocean Motor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ultragenyx
NASDAQ:RARE
|
$1.98 Billion |
|
China Everbright Environment Group Limited
F:CNE
|
$1.98 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
$1.98 Billion |
|
NEWMARK GRP CL.A DL-01
F:NMB
|
$1.98 Billion |
|
China Ruyi Holdings Limited
F:4Z81
|
$1.98 Billion |
|
Shenzhen Forms Syntron Information Co Ltd
SHE:300468
|
$1.98 Billion |
|
Xian Sunresin New Materials Co Ltd
SHE:300487
|
$1.98 Billion |
|
Technoprobe S.p.A.
LSE:0AB7
|
$1.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongshan Broad-Ocean Motor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,702,393,065 to 9,292,695,179, a change of 590,302,114 (6.8%).
- Net income of 887,549,119 contributed positively to equity growth.
- Dividend payments of 460,237,782 reduced retained earnings.
- Share repurchases of 50,074,649 reduced equity.
- Other comprehensive income increased equity by 769,606,660.
- Other factors decreased equity by 556,541,234.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥887.55 Million | +9.55% |
| Dividends Paid | CN¥460.24 Million | -4.95% |
| Share Repurchases | CN¥50.07 Million | -0.54% |
| Other Comprehensive Income | CN¥769.61 Million | +8.28% |
| Other Changes | CN¥-556.54 Million | -5.99% |
| Total Change | CN¥- | 6.78% |
Book Value vs Market Value Analysis
This analysis compares Zhongshan Broad-Ocean 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: 2.55x
- 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 19.37x to 2.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.51 | CN¥9.88 | x |
| 2006-12-31 | CN¥0.22 | CN¥9.88 | x |
| 2007-12-31 | CN¥0.25 | CN¥9.88 | x |
| 2008-12-31 | CN¥1.02 | CN¥9.88 | x |
| 2009-12-31 | CN¥0.98 | CN¥9.88 | x |
| 2010-12-31 | CN¥1.05 | CN¥9.88 | x |
| 2011-12-31 | CN¥1.84 | CN¥9.88 | x |
| 2012-12-31 | CN¥1.75 | CN¥9.88 | x |
| 2013-12-31 | CN¥1.82 | CN¥9.88 | x |
| 2014-12-31 | CN¥2.41 | CN¥9.88 | x |
| 2015-12-31 | CN¥2.10 | CN¥9.88 | x |
| 2016-12-31 | CN¥3.70 | CN¥9.88 | x |
| 2017-12-31 | CN¥3.72 | CN¥9.88 | x |
| 2018-12-31 | CN¥2.66 | CN¥9.88 | x |
| 2019-12-31 | CN¥2.65 | CN¥9.88 | x |
| 2020-12-31 | CN¥3.60 | CN¥9.88 | x |
| 2021-12-31 | CN¥3.42 | CN¥9.88 | x |
| 2022-12-31 | CN¥3.51 | CN¥9.88 | x |
| 2023-12-31 | CN¥3.59 | CN¥9.88 | x |
| 2024-12-31 | CN¥3.87 | CN¥9.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongshan Broad-Ocean 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): 9.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.33%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.93x
- Recent ROE (9.55%) is below the historical average (12.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 56.78% | 3.91% | 1.38x | 10.54x | CN¥24.47 Million |
| 2006 | 50.26% | 5.51% | 1.36x | 6.69x | CN¥42.02 Million |
| 2007 | 61.42% | 9.34% | 1.80x | 3.66x | CN¥122.49 Million |
| 2008 | 12.18% | 9.01% | 1.06x | 1.27x | CN¥25.33 Million |
| 2009 | 15.62% | 13.54% | 0.81x | 1.42x | CN¥70.57 Million |
| 2010 | 16.81% | 10.45% | 1.10x | 1.47x | CN¥92.52 Million |
| 2011 | 9.26% | 9.74% | 0.67x | 1.41x | CN¥-18.25 Million |
| 2012 | 7.42% | 6.66% | 0.76x | 1.48x | CN¥-64.05 Million |
| 2013 | 8.22% | 6.58% | 0.71x | 1.75x | CN¥-46.50 Million |
| 2014 | 8.29% | 6.68% | 0.71x | 1.76x | CN¥-61.03 Million |
| 2015 | 9.52% | 6.95% | 0.65x | 2.12x | CN¥-17.02 Million |
| 2016 | 5.95% | 7.48% | 0.47x | 1.69x | CN¥-347.18 Million |
| 2017 | 4.57% | 4.85% | 0.50x | 1.87x | CN¥-495.55 Million |
| 2018 | -37.58% | -27.50% | 0.59x | 2.30x | CN¥-3.01 Billion |
| 2019 | 0.75% | 0.66% | 0.59x | 1.94x | CN¥-657.25 Million |
| 2020 | 1.21% | 1.33% | 0.56x | 1.63x | CN¥-748.30 Million |
| 2021 | 3.10% | 2.50% | 0.66x | 1.88x | CN¥-556.96 Million |
| 2022 | 5.14% | 3.91% | 0.72x | 1.82x | CN¥-404.54 Million |
| 2023 | 7.24% | 5.58% | 0.70x | 1.85x | CN¥-239.98 Million |
| 2024 | 9.55% | 7.33% | 0.68x | 1.93x | CN¥-41.72 Million |
Industry Comparison
This section compares Zhongshan Broad-Ocean Motor Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongshan Broad-Ocean Motor Co Ltd (002249) | CN¥10.01 Billion | 56.78% | 0.83x | $1.98 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |