Xinzhi Motor Co Ltd (002664) - Net Assets
Based on the latest financial reports, Xinzhi Motor Co Ltd (002664) has net assets worth CN¥3.53 Billion CNY (≈ $516.37 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¥10.97 Billion ≈ $1.61 Billion USD) and total liabilities (CN¥7.44 Billion ≈ $1.09 Billion 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 Xinzhi Motor Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 002664 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Xinzhi Motor Co Ltd (002664) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.40 Billion ≈ $497.48 Million |
+0.52% |
| 2023-12-31 | CN¥3.38 Billion ≈ $494.92 Million |
+8.31% |
| 2022-12-31 | CN¥3.12 Billion ≈ $456.96 Million |
+7.20% |
| 2021-12-31 | CN¥2.91 Billion ≈ $426.27 Million |
+6.50% |
| 2020-12-31 | CN¥2.74 Billion ≈ $400.26 Million |
+5.32% |
| 2019-12-31 | CN¥2.60 Billion ≈ $380.06 Million |
+13.52% |
| 2018-12-31 | CN¥2.29 Billion ≈ $334.79 Million |
+11.61% |
| 2017-12-31 | CN¥2.05 Billion ≈ $299.97 Million |
+18.03% |
| 2016-12-31 | CN¥1.74 Billion ≈ $254.14 Million |
+13.46% |
| 2015-12-31 | CN¥1.53 Billion ≈ $224.00 Million |
+14.37% |
| 2014-12-31 | CN¥1.34 Billion ≈ $195.85 Million |
+13.31% |
| 2013-12-31 | CN¥1.18 Billion ≈ $172.84 Million |
+11.14% |
| 2012-12-31 | CN¥1.06 Billion ≈ $155.52 Million |
+124.62% |
| 2011-12-31 | CN¥473.14 Million ≈ $69.24 Million |
+17.92% |
| 2010-12-31 | CN¥401.25 Million ≈ $58.72 Million |
+186.22% |
| 2009-12-31 | CN¥140.19 Million ≈ $20.51 Million |
+31.14% |
| 2008-12-31 | CN¥106.90 Million ≈ $15.64 Million |
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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.
| Company | Market Cap |
|---|---|
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
$1.20 Billion |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
$1.20 Billion |
|
Chongqing Gas Grp Corp Ltd
SHG:600917
|
$1.20 Billion |
|
Indian Energy Exchange Limited
NSE:IEX
|
$1.20 Billion |
|
FARM FRESH BERHAD
KLSE:5306
|
$1.20 Billion |
|
Hotai Finance Corp
TW:6592
|
$1.20 Billion |
|
Shaanxi Heimao Coking Co Ltd
SHG:601015
|
$1.20 Billion |
|
IDT Corporation
NYSE:IDT
|
$1.20 Billion |
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: 2.49x
- 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 37.61x to 2.49x 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¥20.12 | x |
| 2009-12-31 | CN¥0.65 | CN¥20.12 | x |
| 2010-12-31 | CN¥1.55 | CN¥20.12 | x |
| 2011-12-31 | CN¥1.51 | CN¥20.12 | x |
| 2012-12-31 | CN¥2.80 | CN¥20.12 | x |
| 2013-12-31 | CN¥2.91 | CN¥20.12 | x |
| 2014-12-31 | CN¥3.27 | CN¥20.12 | x |
| 2015-12-31 | CN¥3.75 | CN¥20.12 | x |
| 2016-12-31 | CN¥4.26 | CN¥20.12 | x |
| 2017-12-31 | CN¥4.82 | CN¥20.12 | x |
| 2018-12-31 | CN¥5.40 | CN¥20.12 | x |
| 2019-12-31 | CN¥6.10 | CN¥20.12 | x |
| 2020-12-31 | CN¥6.81 | CN¥20.12 | x |
| 2021-12-31 | CN¥7.25 | CN¥20.12 | x |
| 2022-12-31 | CN¥7.72 | CN¥20.12 | x |
| 2023-12-31 | CN¥8.36 | CN¥20.12 | x |
| 2024-12-31 | CN¥8.07 | CN¥20.12 | 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: $2,118,573,594
- Average return on equity (ROE) among peers: 8.16%
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 | $1.20 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $5.34 Billion | 22.56% | 0.48x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.00 Billion | 2.41% | 2.13x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $294.61 Million | 13.77% | 0.22x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $45.14 Million | 0.00% | 2.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.26 Billion | -4.75% | 1.19x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $891.72 Million | 4.95% | 2.78x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-736.34 Million | 0.00% | 0.00x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $456.79 Million | 21.42% | 0.41x | $3.35 Billion |
About Xinzhi Motor Co Ltd
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