Zhejiang CFMoto Power Co Ltd
Zhejiang Cfmoto Power Co.,Ltd, together with its subsidiaries, engages in the development, manufacture, marketing, and delivery of motorcycles, off-road vehicles, engines, frames, parts, apparel, and accessories in China, rest of Asia, North America, Oceania, Africa, South America, and Europe. It also provides lifestyle and gift products, and gear. In addition, the company engages in commerce, in… Read more
Zhejiang CFMoto Power Co Ltd (603129) - Net Assets
Latest net assets as of September 2025: CN¥7.43 Billion CNY
Based on the latest financial reports, Zhejiang CFMoto Power Co Ltd (603129) has net assets worth CN¥7.43 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¥18.17 Billion) and total liabilities (CN¥10.74 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¥7.43 Billion |
| % of Total Assets | 40.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | 318.75% |
| 10-Year Change | 1967.69% |
| Growth Volatility | 173.81 |
Zhejiang CFMoto Power Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Zhejiang CFMoto Power 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 Zhejiang CFMoto Power Co Ltd (2013–2024)
The table below shows the annual net assets of Zhejiang CFMoto Power Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.35 Billion | +22.75% |
| 2023-12-31 | CN¥5.17 Billion | +20.42% |
| 2022-12-31 | CN¥4.30 Billion | +16.72% |
| 2021-12-31 | CN¥3.68 Billion | +142.70% |
| 2020-12-31 | CN¥1.52 Billion | +41.41% |
| 2019-12-31 | CN¥1.07 Billion | +6.85% |
| 2018-12-31 | CN¥1.00 Billion | +11.50% |
| 2017-12-31 | CN¥899.95 Million | +132.25% |
| 2016-12-31 | CN¥387.49 Million | +26.20% |
| 2015-12-31 | CN¥307.04 Million | +604.67% |
| 2014-12-31 | CN¥43.57 Million | +192.60% |
| 2013-12-31 | CN¥-47.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang CFMoto Power 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 361507150824.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.47 Billion | 56.04% |
| Common Stock | CN¥151.43 Million | 2.44% |
| Other Components | CN¥2.57 Billion | 41.51% |
| Total Equity | CN¥6.19 Billion | 100.00% |
Zhejiang CFMoto Power Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang CFMoto Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immunitybio Inc
NASDAQ:IBRX
|
$2.76 Billion |
|
Marui Group Co. Ltd
F:MUI
|
$2.77 Billion |
|
La Française des Jeux Société anonyme
VI:FDJ
|
$2.77 Billion |
|
Sandfire Resources Limited
PINK:SNDFY
|
$2.77 Billion |
|
Scotts Miracle-Gro Company
NYSE:SMG
|
$2.76 Billion |
|
HMT(Xiamen)New Technical
SHG:603306
|
$2.76 Billion |
|
First Interstate BancSystem Inc
NASDAQ:FIBK
|
$2.76 Billion |
|
Denali Therapeutics Inc
NASDAQ:DNLI
|
$2.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang CFMoto Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,038,823,536 to 6,194,046,198, a change of 1,155,222,662 (22.9%).
- Net income of 1,471,761,333 contributed positively to equity growth.
- Dividend payments of 316,978,275 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.47 Billion | +23.76% |
| Dividends Paid | CN¥316.98 Million | -5.12% |
| Other Changes | CN¥439.60K | +0.01% |
| Total Change | CN¥- | 22.93% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang CFMoto Power 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: 6.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥-0.59 | CN¥250.15 | x |
| 2014-12-31 | CN¥0.55 | CN¥250.15 | x |
| 2015-12-31 | CN¥3.68 | CN¥250.15 | x |
| 2016-12-31 | CN¥3.86 | CN¥250.15 | x |
| 2017-12-31 | CN¥8.13 | CN¥250.15 | x |
| 2018-12-31 | CN¥7.22 | CN¥250.15 | x |
| 2019-12-31 | CN¥7.76 | CN¥250.15 | x |
| 2020-12-31 | CN¥11.27 | CN¥250.15 | x |
| 2021-12-31 | CN¥26.42 | CN¥250.15 | x |
| 2022-12-31 | CN¥28.05 | CN¥250.15 | x |
| 2023-12-31 | CN¥33.46 | CN¥250.15 | x |
| 2024-12-31 | CN¥40.70 | CN¥250.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang CFMoto Power 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): 23.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.79%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 2.41x
- Recent ROE (23.76%) is below the historical average (32.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 3.91% | 1.40x | 0.00x | CN¥47.61 Million |
| 2014 | 208.61% | 6.79% | 1.22x | 25.09x | CN¥86.54 Million |
| 2015 | 19.31% | 4.95% | 1.38x | 2.84x | CN¥28.58 Million |
| 2016 | 22.78% | 6.30% | 1.39x | 2.60x | CN¥49.52 Million |
| 2017 | 10.82% | 5.36% | 1.08x | 1.87x | CN¥7.41 Million |
| 2018 | 12.47% | 4.72% | 1.22x | 2.16x | CN¥23.80 Million |
| 2019 | 17.40% | 5.58% | 1.28x | 2.44x | CN¥77.02 Million |
| 2020 | 24.40% | 8.06% | 1.08x | 2.81x | CN¥215.35 Million |
| 2021 | 11.32% | 5.23% | 0.99x | 2.19x | CN¥47.88 Million |
| 2022 | 16.65% | 6.16% | 1.19x | 2.27x | CN¥280.17 Million |
| 2023 | 20.00% | 8.32% | 1.17x | 2.05x | CN¥503.64 Million |
| 2024 | 23.76% | 9.79% | 1.01x | 2.41x | CN¥852.36 Million |
Industry Comparison
This section compares Zhejiang CFMoto Power Co Ltd's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $1,528,877,647
- Average return on equity (ROE) among peers: 1.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang CFMoto Power Co Ltd (603129) | CN¥7.43 Billion | 0.00% | 1.45x | $2.76 Billion |
| Jiangsu Xinri E-Vehicle Co Ltd (603787) | $1.53 Billion | 1.68% | 1.09x | $150.33 Million |