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

Latest as of September 2025: CN¥4.09 Billion CNY ≈ $598.65 Million USD

Based on the latest financial reports, Xiamen King Long Motor Group Co Ltd (600686) has net assets worth CN¥4.09 Billion CNY (≈ $598.65 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¥27.64 Billion ≈ $4.04 Billion USD) and total liabilities (CN¥23.55 Billion ≈ $3.45 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 600686 financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Xiamen King Long Motor Group Co Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Xiamen King Long Motor Group Co Ltd (600686) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥4.31 Billion ≈ $630.08 Million	+5.29%
2023-12-31	CN¥4.09 Billion ≈ $598.43 Million	-8.67%
2022-12-31	CN¥4.48 Billion ≈ $655.24 Million	-11.73%
2021-12-31	CN¥5.07 Billion ≈ $742.30 Million	-19.72%
2020-12-31	CN¥6.32 Billion ≈ $924.61 Million	+11.78%
2019-12-31	CN¥5.65 Billion ≈ $827.18 Million	+13.88%
2018-12-31	CN¥4.96 Billion ≈ $726.34 Million	-6.33%
2017-12-31	CN¥5.30 Billion ≈ $775.43 Million	+19.16%
2016-12-31	CN¥4.45 Billion ≈ $650.76 Million	-25.54%
2015-12-31	CN¥5.97 Billion ≈ $874.03 Million	+34.94%
2014-12-31	CN¥4.43 Billion ≈ $647.73 Million	+11.07%
2013-12-31	CN¥3.99 Billion ≈ $583.17 Million	+6.52%
2012-12-31	CN¥3.74 Billion ≈ $547.48 Million	+10.93%
2011-12-31	CN¥3.37 Billion ≈ $493.54 Million	+12.75%
2010-12-31	CN¥2.99 Billion ≈ $437.72 Million	+19.67%
2009-12-31	CN¥2.50 Billion ≈ $365.76 Million	+7.84%
2008-12-31	CN¥2.32 Billion ≈ $339.17 Million	+10.70%
2007-12-31	CN¥2.09 Billion ≈ $306.40 Million	+28.10%
2006-12-31	CN¥1.63 Billion ≈ $239.19 Million	+50.42%
2005-12-31	CN¥1.09 Billion ≈ $159.01 Million	+63.29%
2004-12-31	CN¥665.49 Million ≈ $97.38 Million	+4.88%
2003-12-31	CN¥634.54 Million ≈ $92.85 Million	+21.76%
2002-12-31	CN¥521.15 Million ≈ $76.26 Million	+11.48%
2001-12-31	CN¥467.49 Million ≈ $68.41 Million	+5.85%
2000-12-31	CN¥441.67 Million ≈ $64.63 Million	+8.10%
1999-12-31	CN¥408.57 Million ≈ $59.79 Million	-0.16%
1998-12-31	CN¥409.24 Million ≈ $59.88 Million	+16.67%
1997-12-31	CN¥350.77 Million ≈ $51.33 Million	+11.02%
1996-12-31	CN¥315.94 Million ≈ $46.23 Million	+7.55%
1995-12-31	CN¥293.77 Million ≈ $42.99 Million	--
1994-12-31	CN¥0.00 ≈ $0.00	--
1993-12-31	CN¥116.17 Million ≈ $17.00 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
Shandong Weigao Orthopaedic Device Co. Ltd. A SHG:688161	$1.63 Billion
Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd SHE:002839	$1.63 Billion
Odontoprev S.A SA:ODPV3	$1.63 Billion
Ninety One PLC JSE:N91	$1.63 Billion
Despegar.com Corp NYSE:DESP	$1.63 Billion
Hanall Biopharma KO:009420	$1.63 Billion
Zhejiang Jiecang Linear Motion Technology Co Ltd SHG:603583	$1.63 Billion
Federal Agricultural Mortgage Corporation NYSE:AGM	$1.63 Billion

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: 3.43x
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 45.70x to 3.43x 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¥15.54	x
1994-12-31	CN¥0.68	CN¥15.54	x
1995-12-31	CN¥0.69	CN¥15.54	x
1996-12-31	CN¥0.76	CN¥15.54	x
1997-12-31	CN¥0.77	CN¥15.54	x
1998-12-31	CN¥0.91	CN¥15.54	x
1999-12-31	CN¥0.99	CN¥15.54	x
2000-12-31	CN¥1.05	CN¥15.54	x
2001-12-31	CN¥1.08	CN¥15.54	x
2002-12-31	CN¥1.19	CN¥15.54	x
2003-12-31	CN¥1.46	CN¥15.54	x
2004-12-31	CN¥1.58	CN¥15.54	x
2005-12-31	CN¥1.81	CN¥15.54	x
2006-12-31	CN¥3.24	CN¥15.54	x
2007-12-31	CN¥2.81	CN¥15.54	x
2008-12-31	CN¥3.08	CN¥15.54	x
2009-12-31	CN¥3.40	CN¥15.54	x
2010-12-31	CN¥3.88	CN¥15.54	x
2011-12-31	CN¥4.41	CN¥15.54	x
2012-12-31	CN¥4.71	CN¥15.54	x
2013-12-31	CN¥5.15	CN¥15.54	x
2014-12-31	CN¥5.49	CN¥15.54	x
2015-12-31	CN¥7.03	CN¥15.54	x
2016-12-31	CN¥5.86	CN¥15.54	x
2017-12-31	CN¥6.31	CN¥15.54	x
2018-12-31	CN¥5.15	CN¥15.54	x
2019-12-31	CN¥7.31	CN¥15.54	x
2020-12-31	CN¥7.12	CN¥15.54	x
2021-12-31	CN¥6.06	CN¥15.54	x
2022-12-31	CN¥4.98	CN¥15.54	x
2023-12-31	CN¥4.36	CN¥15.54	x
2024-12-31	CN¥4.53	CN¥15.54	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: $16,846,666,815
Average return on equity (ROE) among peers: 5.64%

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	$1.63 Billion
Weichai Power Co Ltd Class A (000338)	$104.11 Billion	4.71%	1.82x	$30.91 Billion
Jiangling Motors Corp Ltd (000550)	$12.41 Billion	10.62%	0.97x	$1.42 Billion
Haima Automobile Group Co Ltd (000572)	$8.27 Billion	-12.03%	0.91x	$1.35 Billion
Chongqing Changan Automobile Co Ltd (000625)	$8.39 Billion	2.82%	1.22x	$11.53 Billion
Faw Car Co Ltd (000800)	$26.24 Billion	14.86%	1.66x	$4.85 Billion
Anhui Ankai Automobile Co Ltd (000868)	$677.49 Million	1.79%	0.63x	$613.16 Million
Kunming Yunnei Power Co Ltd (000903)	$5.56 Billion	4.17%	1.22x	$620.05 Million
Zhejiang Qianjiang Motorcycle Co Ltd (000913)	$1.47 Billion	4.76%	1.58x	$1.04 Billion
Zotye Automobile Co Ltd (000980)	$1.17 Billion	3.76%	0.54x	$1.86 Billion
Yinyi Real Estate Co Ltd (000981)	$171.76 Million	20.94%	0.97x	$5.62 Billion

About Xiamen King Long Motor Group Co Ltd

SHG:600686 China Auto Manufacturers

Market Cap

$1.63 Billion

CN¥11.14 Billion CNY

Market Cap Rank

#7036 Global

#1640 in China

Share Price

CN¥15.54

Change (1 day)

-5.24%

52-Week Range

CN¥11.31 - CN¥21.97

All Time High

CN¥21.97