Xiamen King Long Motor Group Co Ltd

SHG:600686 China Auto Manufacturers
Market Cap
$1.64 Billion
CN¥12.07 Billion CNY
Market Cap Rank
#7793 Global
#1381 in China
Share Price
CN¥16.83
Change (1 day)
-0.94%
52-Week Range
CN¥11.04 - CN¥21.97
All Time High
CN¥21.97
Categories
Companies in China Auto Manufacturers
About

Xiamen King Long Motor Group Co., Ltd. engages in the research and development, design, manufacturing, and sale of passenger vehicles in China and internationally. Its products include large, medium, and light passenger buses primarily used in tourism, highway, and bus passenger transportation; public transportation; group transportation; school buses; special passenger vehicles; and other indust… Read more

Xiamen King Long Motor Group Co Ltd (600686) - Net Assets

Latest net assets as of September 2025: CN¥4.09 Billion CNY

Based on the latest financial reports, Xiamen King Long Motor Group Co Ltd (600686) has net assets worth CN¥4.09 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¥27.64 Billion) and total liabilities (CN¥23.55 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¥4.09 Billion
% of Total Assets 14.8%
Annual Growth Rate 12.36%
5-Year Change -31.85%
10-Year Change -27.91%
Growth Volatility 26.54

Xiamen King Long Motor Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Xiamen King Long Motor Group 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 Xiamen King Long Motor Group Co Ltd (1993–2024)

The table below shows the annual net assets of Xiamen King Long Motor Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.31 Billion +5.29%
2023-12-31 CN¥4.09 Billion -8.67%
2022-12-31 CN¥4.48 Billion -11.73%
2021-12-31 CN¥5.07 Billion -19.72%
2020-12-31 CN¥6.32 Billion +11.78%
2019-12-31 CN¥5.65 Billion +13.88%
2018-12-31 CN¥4.96 Billion -6.33%
2017-12-31 CN¥5.30 Billion +19.16%
2016-12-31 CN¥4.45 Billion -25.54%
2015-12-31 CN¥5.97 Billion +34.94%
2014-12-31 CN¥4.43 Billion +11.07%
2013-12-31 CN¥3.99 Billion +6.52%
2012-12-31 CN¥3.74 Billion +10.93%
2011-12-31 CN¥3.37 Billion +12.75%
2010-12-31 CN¥2.99 Billion +19.67%
2009-12-31 CN¥2.50 Billion +7.84%
2008-12-31 CN¥2.32 Billion +10.70%
2007-12-31 CN¥2.09 Billion +28.10%
2006-12-31 CN¥1.63 Billion +50.42%
2005-12-31 CN¥1.09 Billion +63.29%
2004-12-31 CN¥665.49 Million +4.88%
2003-12-31 CN¥634.54 Million +21.76%
2002-12-31 CN¥521.15 Million +11.48%
2001-12-31 CN¥467.49 Million +5.85%
2000-12-31 CN¥441.67 Million +8.10%
1999-12-31 CN¥408.57 Million -0.16%
1998-12-31 CN¥409.24 Million +16.67%
1997-12-31 CN¥350.77 Million +11.02%
1996-12-31 CN¥315.94 Million +7.55%
1995-12-31 CN¥293.77 Million --
1994-12-31 CN¥0.00 --
1993-12-31 CN¥116.17 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xiamen King Long Motor Group 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 12017.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥842.06 Million 25.91%
Common Stock CN¥717.05 Million 22.07%
Other Components CN¥1.69 Billion 52.02%
Total Equity CN¥3.25 Billion 100.00%

Xiamen King Long Motor Group Co Ltd Competitors by Market Cap

The table below lists competitors of Xiamen King Long Motor Group Co Ltd ranked by their market capitalization.

Company Market Cap
Fortrea Holdings Inc.
NASDAQ:FTRE
 		$891.06 Million
Bank Handlowy w Warszawie SA
WAR:BHW
 		$891.34 Million
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
 		$891.48 Million
Hanwha Life
KO:088350
 		$891.63 Million
Coursera Inc
NYSE:COUR
 		$890.76 Million
Oscotec Inc
KQ:039200
 		$890.75 Million
CIE Automotive S.A
PINK:CUOTF
 		$890.48 Million
Mesnac Co Ltd
SHE:002073
 		$889.84 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,126,922,347 to 3,249,462,762, a change of 122,540,415 (3.9%).
  • Net income of 157,743,261 contributed positively to equity growth.
  • Dividend payments of 203,997,618 reduced retained earnings.
  • Other factors increased equity by 168,794,772.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥157.74 Million +4.85%
Dividends Paid CN¥204.00 Million -6.28%
Other Changes CN¥168.79 Million +5.19%
Total Change CN¥- 3.92%

Book Value vs Market Value Analysis

This analysis compares Xiamen King Long Motor Group 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: 3.71x
  • 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 49.49x to 3.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.34 CN¥16.83 x
1994-12-31 CN¥0.68 CN¥16.83 x
1995-12-31 CN¥0.69 CN¥16.83 x
1996-12-31 CN¥0.76 CN¥16.83 x
1997-12-31 CN¥0.77 CN¥16.83 x
1998-12-31 CN¥0.91 CN¥16.83 x
1999-12-31 CN¥0.99 CN¥16.83 x
2000-12-31 CN¥1.05 CN¥16.83 x
2001-12-31 CN¥1.08 CN¥16.83 x
2002-12-31 CN¥1.19 CN¥16.83 x
2003-12-31 CN¥1.46 CN¥16.83 x
2004-12-31 CN¥1.58 CN¥16.83 x
2005-12-31 CN¥1.81 CN¥16.83 x
2006-12-31 CN¥3.24 CN¥16.83 x
2007-12-31 CN¥2.81 CN¥16.83 x
2008-12-31 CN¥3.08 CN¥16.83 x
2009-12-31 CN¥3.40 CN¥16.83 x
2010-12-31 CN¥3.88 CN¥16.83 x
2011-12-31 CN¥4.41 CN¥16.83 x
2012-12-31 CN¥4.71 CN¥16.83 x
2013-12-31 CN¥5.15 CN¥16.83 x
2014-12-31 CN¥5.49 CN¥16.83 x
2015-12-31 CN¥7.03 CN¥16.83 x
2016-12-31 CN¥5.86 CN¥16.83 x
2017-12-31 CN¥6.31 CN¥16.83 x
2018-12-31 CN¥5.15 CN¥16.83 x
2019-12-31 CN¥7.31 CN¥16.83 x
2020-12-31 CN¥7.12 CN¥16.83 x
2021-12-31 CN¥6.06 CN¥16.83 x
2022-12-31 CN¥4.98 CN¥16.83 x
2023-12-31 CN¥4.36 CN¥16.83 x
2024-12-31 CN¥4.53 CN¥16.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xiamen King Long Motor Group 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): 4.85%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.69%
  • • Asset Turnover: 0.84x
  • • Equity Multiplier: 8.41x
  • Recent ROE (4.85%) is below the historical average (9.20%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 12.14% 2.87% 1.10x 3.86x CN¥2.15 Million
1994 10.01% 4.10% 0.82x 3.00x CN¥24.20K
1995 16.48% 7.04% 0.72x 3.24x CN¥13.24 Million
1996 5.66% 3.47% 0.57x 2.87x CN¥-9.72 Million
1997 1.68% 0.84% 0.73x 2.75x CN¥-18.95 Million
1998 14.84% 8.26% 0.69x 2.59x CN¥12.99 Million
1999 10.83% 5.80% 0.77x 2.42x CN¥2.42 Million
2000 11.50% 4.14% 0.96x 2.89x CN¥4.66 Million
2001 14.84% 3.97% 1.20x 3.11x CN¥15.38 Million
2002 24.75% 4.13% 1.78x 3.36x CN¥52.00 Million
2003 20.05% 3.31% 1.83x 3.31x CN¥43.18 Million
2004 16.27% 2.78% 1.79x 3.28x CN¥29.23 Million
2005 18.69% 1.29% 2.01x 7.19x CN¥46.46 Million
2006 16.66% 1.68% 1.76x 5.64x CN¥64.51 Million
2007 22.09% 2.19% 1.77x 5.70x CN¥149.38 Million
2008 14.27% 1.59% 1.53x 5.86x CN¥58.77 Million
2009 9.99% 1.28% 1.25x 6.27x CN¥-103.82K
2010 13.64% 1.45% 1.30x 7.23x CN¥62.68 Million
2011 13.39% 1.37% 1.42x 6.86x CN¥65.64 Million
2012 9.98% 1.09% 1.31x 6.98x CN¥-396.31K
2013 10.10% 1.10% 1.29x 7.07x CN¥2.17 Million
2014 10.21% 1.16% 1.16x 7.57x CN¥5.01 Million
2015 13.80% 1.99% 1.06x 6.54x CN¥147.29 Million
2016 -20.14% -3.29% 0.87x 7.06x CN¥-1.08 Billion
2017 11.89% 2.70% 0.71x 6.23x CN¥76.14 Million
2018 4.20% 0.87% 0.71x 6.82x CN¥-219.61 Million
2019 4.09% 1.01% 0.69x 5.86x CN¥-262.06 Million
2020 0.62% 0.23% 0.59x 4.64x CN¥-478.95 Million
2021 -14.68% -3.86% 0.59x 6.43x CN¥-1.00 Billion
2022 -10.84% -2.12% 0.66x 7.78x CN¥-743.76 Million
2023 2.40% 0.39% 0.74x 8.43x CN¥-237.60 Million
2024 4.85% 0.69% 0.84x 8.41x CN¥-167.20 Million

Industry Comparison

This section compares Xiamen King Long Motor Group Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

  • Industry: Auto Manufacturers
  • Average net assets among peers: $16,073,295,995
  • Average return on equity (ROE) among peers: -37.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xiamen King Long Motor Group Co Ltd (600686) CN¥4.09 Billion 12.14% 5.76x $890.83 Million
Weichai Power Co Ltd Class A (000338) $40.85 Billion 12.24% 1.95x $22.99 Billion
Haima Automobile Group Co Ltd (000572) $51.44 Million 0.00% 13.34x $994.86 Million
Chongqing Changan Automobile Co Ltd (000625) $46.15 Billion 1.47% 1.03x $12.14 Billion
Faw Car Co Ltd (000800) $4.48 Billion 10.21% 0.28x $984.75 Million
Anhui Ankai Automobile Co Ltd (000868) $1.38 Billion 6.88% 2.00x $311.06 Million
Kunming Yunnei Power Co Ltd (000903) $3.54 Billion 4.55% 0.82x $463.94 Million
Zhejiang Qianjiang Motorcycle Co Ltd (000913) $832.28 Million 13.17% 0.69x $570.39 Million
Zotye Automobile Co Ltd (000980) $240.46 Million -416.07% 14.00x $1.37 Billion
Yinyi Real Estate Co Ltd (000981) $596.31 Million -14.36% 0.78x $1.56 Billion
BYD Co Ltd Class A (002594) $62.60 Billion 2.58% 2.13x $87.17 Billion