Zhejiang Taotao Vehicles Co. Ltd. A (301345) - Net Assets
Based on the latest financial reports, Zhejiang Taotao Vehicles Co. Ltd. A (301345) has net assets worth CN¥3.78 Billion CNY (≈ $552.96 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.02 Billion ≈ $880.72 Million USD) and total liabilities (CN¥2.24 Billion ≈ $327.77 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. Also explore balance sheet size of Zhejiang Taotao Vehicles Co. Ltd. A for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.78 Billion |
| % of Total Assets | 62.78% |
| Annual Growth Rate | 48.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 83.3 |
Zhejiang Taotao Vehicles Co. Ltd. A - Net Assets Trend (2021–2025)
This chart illustrates how Zhejiang Taotao Vehicles Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Check Zhejiang Taotao Vehicles Co. Ltd. A tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Zhejiang Taotao Vehicles Co. Ltd. A (2021–2025)
The table below shows the annual net assets of Zhejiang Taotao Vehicles Co. Ltd. A from 2021 to 2025. For live valuation and market cap data, see 301345 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.62 Billion ≈ $529.80 Million |
+13.83% |
| 2024-12-31 | CN¥3.18 Billion ≈ $465.45 Million |
+8.12% |
| 2023-12-31 | CN¥2.94 Billion ≈ $430.48 Million |
+208.47% |
| 2022-12-31 | CN¥953.67 Million ≈ $139.55 Million |
+28.70% |
| 2021-12-31 | CN¥741.02 Million ≈ $108.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Taotao Vehicles Co. Ltd. A'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 179.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.58 Billion | 43.56% |
| Other Components | CN¥2.04 Billion | 56.44% |
| Total Equity | CN¥3.62 Billion | 100.00% |
Zhejiang Taotao Vehicles Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Taotao Vehicles Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Just Eat Takeaway
AS:TKWY
|
$4.04 Billion |
|
Hyundai Construction Equipment Co Ltd
KO:267270
|
$4.04 Billion |
|
First Capital Securities Co Ltd Class A
SHE:002797
|
$4.04 Billion |
|
JCDECAUX SE ADR 1/2/O.N.
F:DCS0
|
$4.04 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
$4.03 Billion |
|
GRUPO SIM. S.A.B. B ADR/3
F:GSM
|
$4.03 Billion |
|
TUI AG
F:TUI1
|
$4.03 Billion |
|
Yifeng Pharmacy
SHG:603939
|
$4.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Taotao Vehicles Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,180,756,919 to 3,620,509,223, a change of 439,752,304 (13.8%).
- Net income of 816,322,514 contributed positively to equity growth.
- Dividend payments of 404,668,185 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥816.32 Million | +22.55% |
| Dividends Paid | CN¥404.67 Million | -11.18% |
| Other Changes | CN¥28.10 Million | +0.78% |
| Total Change | CN¥- | 13.83% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Taotao Vehicles Co. Ltd. A'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: 7.62x
- 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 28.00x to 7.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥9.04 | CN¥253.00 | x |
| 2022-12-31 | CN¥11.63 | CN¥253.00 | x |
| 2023-12-31 | CN¥26.91 | CN¥253.00 | x |
| 2024-12-31 | CN¥28.98 | CN¥253.00 | x |
| 2025-12-31 | CN¥33.20 | CN¥253.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Taotao Vehicles Co. Ltd. A 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): 22.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.71%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.63x
- Recent ROE (22.55%) is above the historical average (20.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 32.76% | 12.03% | 1.36x | 2.01x | CN¥168.62 Million |
| 2022 | 21.61% | 11.67% | 1.04x | 1.77x | CN¥110.73 Million |
| 2023 | 9.53% | 13.08% | 0.57x | 1.29x | CN¥-13.70 Million |
| 2024 | 13.56% | 14.49% | 0.66x | 1.43x | CN¥113.19 Million |
| 2025 | 22.55% | 20.71% | 0.67x | 1.63x | CN¥454.27 Million |
Industry Comparison
This section compares Zhejiang Taotao Vehicles Co. Ltd. A's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $6,756,897,639
- Average return on equity (ROE) among peers: 2.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Taotao Vehicles Co. Ltd. A (301345) | CN¥3.78 Billion | 32.76% | 0.59x | $4.04 Billion |
| Weichai Power Co Ltd Class A (000338) | $41.94 Billion | 3.37% | 1.76x | $27.48 Billion |
| Jiangling Motors Corp Ltd (000550) | $10.50 Billion | 1.41% | 1.31x | $1.29 Billion |
| Haima Automobile Group Co Ltd (000572) | $2.50 Billion | -5.58% | 1.23x | $912.11 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $2.81 Billion | 1.91% | 1.53x | $9.53 Billion |
| Anhui Ankai Automobile Co Ltd (000868) | $709.24 Million | 3.43% | 2.09x | $499.05 Million |
| Kunming Yunnei Power Co Ltd (000903) | $2.98 Billion | -43.39% | 3.32x | $492.64 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $1.26 Billion | 6.14% | 1.49x | $924.37 Million |
| Zotye Automobile Co Ltd (000980) | $2.03 Billion | 8.95% | 0.44x | $1.27 Billion |
| Yinyi Real Estate Co Ltd (000981) | $223.25 Million | 23.06% | 0.99x | $3.89 Billion |
| BYD Co Ltd Class A (002594) | $2.63 Billion | 25.01% | 0.22x | $76.15 Billion |
About Zhejiang Taotao Vehicles Co. Ltd. A
Zhejiang Taotao Vehicles Co., Ltd. engages in the research, development, production, and sale of all-terrain vehicles, motorcycles, and electric vehicles in China, the United States, Canada, Europe, South America, the Middle East, and Southeast Asia. It offers electric scooter, bike, ATV, and golf cart; and gasoline ATV, dirt bike, go kart, side-by-side, and snowmobile. The company also provides … Read more