Xinzhi Motor Co Ltd

SHE:002664 China Auto Parts
Market Cap
$1.17 Billion
CN¥8.61 Billion CNY
Market Cap Rank
#9635 Global
#2009 in China
Share Price
CN¥21.10
Change (1 day)
-2.85%
52-Week Range
CN¥13.77 - CN¥33.32
All Time High
CN¥34.92
About

Xinzhi Group Co., Ltd. engages in the research and development, manufacturing, and sale of various motors and their core components in China and internationally. The company offers EV motor stator core products, including stator core, rotor core, stator assembly, permanent magnet synchronous rotor assembly, and induction asynchronous rotor assembly of driving motor of new energy vehicle; automobi… Read more

Xinzhi Motor Co Ltd (002664) - Net Assets

Latest net assets as of September 2025: CN¥3.53 Billion CNY

Based on the latest financial reports, Xinzhi Motor Co Ltd (002664) has net assets worth CN¥3.53 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¥10.97 Billion) and total liabilities (CN¥7.44 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¥3.53 Billion
% of Total Assets 32.17%
Annual Growth Rate 24.14%
5-Year Change 24.29%
10-Year Change 122.09%
Growth Volatility 49.01

Xinzhi Motor Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Xinzhi 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 Xinzhi Motor Co Ltd (2008–2024)

The table below shows the annual net assets of Xinzhi Motor Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.40 Billion +0.52%
2023-12-31 CN¥3.38 Billion +8.31%
2022-12-31 CN¥3.12 Billion +7.20%
2021-12-31 CN¥2.91 Billion +6.50%
2020-12-31 CN¥2.74 Billion +5.32%
2019-12-31 CN¥2.60 Billion +13.52%
2018-12-31 CN¥2.29 Billion +11.61%
2017-12-31 CN¥2.05 Billion +18.03%
2016-12-31 CN¥1.74 Billion +13.46%
2015-12-31 CN¥1.53 Billion +14.37%
2014-12-31 CN¥1.34 Billion +13.31%
2013-12-31 CN¥1.18 Billion +11.14%
2012-12-31 CN¥1.06 Billion +124.62%
2011-12-31 CN¥473.14 Million +17.92%
2010-12-31 CN¥401.25 Million +186.22%
2009-12-31 CN¥140.19 Million +31.14%
2008-12-31 CN¥106.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinzhi 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 7322.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.24 Billion 65.99%
Common Stock CN¥407.77 Million 11.99%
Other Components CN¥748.50 Million 22.02%
Total Equity CN¥3.40 Billion 100.00%

Xinzhi Motor Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,381,586,567 to 3,399,589,099, a change of 18,002,532 (0.5%).
  • Net income of 21,075,587 contributed positively to equity growth.
  • Dividend payments of 87,666,483 reduced retained earnings.
  • Other comprehensive income decreased equity by 235,098,537.
  • Other factors increased equity by 319,691,965.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥21.08 Million +0.62%
Dividends Paid CN¥87.67 Million -2.58%
Other Comprehensive Income CN¥-235.10 Million -6.92%
Other Changes CN¥319.69 Million +9.4%
Total Change CN¥- 0.53%

Book Value vs Market Value Analysis

This analysis compares Xinzhi 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: 2.62x
  • 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 39.44x to 2.62x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 CN¥0.54 CN¥21.10 x
2009-12-31 CN¥0.65 CN¥21.10 x
2010-12-31 CN¥1.55 CN¥21.10 x
2011-12-31 CN¥1.51 CN¥21.10 x
2012-12-31 CN¥2.80 CN¥21.10 x
2013-12-31 CN¥2.91 CN¥21.10 x
2014-12-31 CN¥3.27 CN¥21.10 x
2015-12-31 CN¥3.75 CN¥21.10 x
2016-12-31 CN¥4.26 CN¥21.10 x
2017-12-31 CN¥4.82 CN¥21.10 x
2018-12-31 CN¥5.40 CN¥21.10 x
2019-12-31 CN¥6.10 CN¥21.10 x
2020-12-31 CN¥6.81 CN¥21.10 x
2021-12-31 CN¥7.25 CN¥21.10 x
2022-12-31 CN¥7.72 CN¥21.10 x
2023-12-31 CN¥8.36 CN¥21.10 x
2024-12-31 CN¥8.07 CN¥21.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinzhi 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): 0.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.36%
  • • Asset Turnover: 0.58x
  • • Equity Multiplier: 3.02x
  • Recent ROE (0.62%) is below the historical average (11.14%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 12.46% 3.96% 0.88x 3.58x CN¥2.63 Million
2009 12.85% 5.08% 0.62x 4.07x CN¥3.71 Million
2010 11.65% 8.15% 0.75x 1.91x CN¥6.22 Million
2011 17.23% 9.93% 0.87x 2.00x CN¥32.60 Million
2012 10.49% 11.16% 0.66x 1.43x CN¥5.14 Million
2013 12.36% 10.87% 0.83x 1.38x CN¥27.49 Million
2014 14.06% 11.96% 0.83x 1.41x CN¥53.66 Million
2015 13.61% 13.40% 0.55x 1.85x CN¥53.61 Million
2016 13.61% 12.98% 0.68x 1.54x CN¥61.32 Million
2017 13.27% 10.58% 0.69x 1.81x CN¥63.00 Million
2018 12.04% 9.90% 0.76x 1.59x CN¥44.15 Million
2019 12.54% 10.30% 0.70x 1.74x CN¥61.97 Million
2020 11.60% 10.98% 0.53x 1.98x CN¥43.67 Million
2021 7.02% 6.08% 0.50x 2.31x CN¥-86.40 Million
2022 6.77% 5.67% 0.48x 2.50x CN¥-100.78 Million
2023 7.18% 5.26% 0.51x 2.66x CN¥-95.42 Million
2024 0.62% 0.36% 0.58x 3.02x CN¥-318.88 Million

Industry Comparison

This section compares Xinzhi 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
Xinzhi Motor Co Ltd (002664) CN¥3.53 Billion 12.46% 2.11x $568.27 Million
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