Zotye Automobile Co., Ltd. Class A

Zotye Automobile Co., Ltd. Class A

SSZSE:000980
1.70
CNY
+0.03
(+1.80%)
9.93BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.78
2.12
2.96
3.12
13.08
7.2
1.47
0.66
0.37
0.15
0.15
0.11
0.1
- -
Basic EPS, GAAP
0.12
0.08
0.11
0.16
0.79
0.39
-5.52
-5.1
-0.32
-0.18
-0.19
-0.2
-0.07
- -
Free Cash Flow per Basic Share
0.04
-0.77
0.05
-0.21
-0.07
-1.64
-3.73
-0.71
-0.61
- -
-0.05
0.1
0.03
- -
Dividend per Share
0.12
0.05
0.04
0.05
0.06
0.06
0.1
0.04
0.01
0.02
- -
0.01
- -
0.01
Book Value per Share
6.26
3.82
3.94
4.08
8.3
8.66
3.15
-1.95
0.68
0.43
0.24
0.05
0.02
0.04
Tangible Book Value per Share
5.95
3.63
3.75
3.69
2.83
3.43
1.63
-3.06
0.37
0.09
-0.06
-0.19
-0.21
-0.19
Basic Weighted Avg Shares
325
525
548
542
1,590
2,051
2,027
2,028
2,205
5,113
4,929
5,002
5,246
4,666
Sales/Revenue/Turnover
902
1,111
1,626
1,694
20,804
14,764
2,986
1,338
825
783
734
558
521
- -
Operating Margin (%)
11.09
6.63
9.23
9.76
7.37
-4.13
-100.47
-109.34
-90.77
-63.08
-70.09
-62.11
-36.58
- -
Depreciation Expense
90
90
91
76
634
911
958
674
463
348
316
198
156
- -
Net Income, GAAP
39
42
60
87
1,256
800
-11,190
-10,343
-706
-920
-937
-1,000
-367
- -
Effective Tax Rate (%)
19.83
15.45
18.42
16.78
15.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
4.32
3.78
3.71
5.12
6.04
5.42
-374.78
-772.9
-85.5
-117.51
-127.61
-179.26
-70.49
- -
Working Capital
1,301
1,341
1,445
1,235
3,286
3,099
-1,665
-7,942
1,834
670
-100
-905
-1,322
-924
LT Debt
3
2
1
1
674
108
88
86
1,732
1,815
1,418
649
182
677
Total Equity
1,993
2,027
2,087
2,164
16,929
17,579
6,388
-3,957
3,447
2,176
1,240
240
119
199
Return on Invested Capital (%)
2
1.21
2.52
3.18
9.89
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.11
2.8
3.69
4.23
12.25
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
2.43
2.1
2.95
4.1
13.17
4.64
-93.46
- -
- -
-32.79
-55
-136.13
-210.22
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,582
1,037
1,031
LT Borrowings
175
664
669
LT Finance Leases
7
7
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,043
5,043
5,043
Market Capitalization
17,800
12,001
9,934

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,496
1,309
1,378
Cash, Cash Equivalents & STI
264
174
259
Accounts Receivable, Net
857
823
805
Inventories
98
102
109
Total Current Liabilities
2,818
2,197
2,301
Payables & Accruals
- -
- -
- -
ST Debt
1,582
1,037
1,031
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.64%
-79.59%
-50.35%
Free Cash Flow
313.91%
105.53%
-68.99%
Net Income, GAAP
-26.87%
-23.49%
-63.29%
Sales/Revenue/Turnover
88.83%
-16.07%
-6.66%
Total Cash Common Dividend
65.29%
72.74%
-77.88%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
113
135
136
173
558
2025
99
181
- -
102
521
2026
75
115
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.03
-0.02
-0.13
-0.2
2025
-0.02
-0.01
- -
-0.03
-0.07
2026
-0.02
0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
0.01
- -
0.01
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Xuefeng Yin
Full Time Employees
1,304
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Economic Development Zone Jinhua ZH China 321300
IPO Date
Jun 16, 2000
Website
zotye.com
Business
Zotye Automobile Co., Ltd (000980.SZ) engages in the research, development, manufacture and sale of automobiles, including cars, SUVs, MPVs and new energy vehicles; automotive components such as engines, transmission products, batteries, motors, electronic control products and spare parts; as well as related support services. The company operates primarily in the automotive industry, targeting domestic Chinese markets with a focus on rural areas, third- and fourth-tier cities, and budget-conscious consumers, while exporting to international markets including Russia, Algeria, the United States, Chile, Kazakhstan, Uzbekistan, the United Arab Emirates, Mongolia and Bolivia. Founded in 1998 and headquartered in Jinhua, Zhejiang Province, China, with key facilities in Yongkang, the company was formerly known as Anhui Zotye Automobile Co., Ltd prior to a name change in November 2017 and a domicile shift in March 2023 from Anhui Province to Zhejiang Province. Its vehicle portfolio encompasses models across series such as Z (e.g., Z100 hatchback, Z200 sedan and hatchback, Z300/Z360 compact sedan, Z500/Z560 sedan, Z700 sedan), T (e.g., T200, T300 subcompact crossover, T500 compact crossover, T600 mid-size crossover, T700 flagship SUV, T800 full-size SUV), SR (e.g., SR7 compact crossover, SR9 mid-size crossover), Domy (e.g., X5 compact crossover, X7 mid-size crossover), E-series electric vehicles (e.g., E200, E30, E300 MPV) and others including the M300 MPV and V10 minivan, many featuring petrol, turbocharged or electric powertrains sourced from partners like Mitsubishi or developed in-house. Recent developments include market expansion agreements announced in July 2024 to strengthen presence in Russia and Algeria via an exclusive agency deal with SARL AI Auto; ongoing innovations in 2025 focused on advanced electric vehicles, smart technology integration, enhanced safety features and eco-friendly materials; and efforts to restart production post-2022 resumption after prior financial challenges, despite liquidity issues reported in June 2025 and a 1 billion RMB net loss on 558 million RMB revenue in 2024. In October 2025, the company experienced a significant ownership shift as its controlling shareholder's stake was auctioned, temporarily leaving Zotye without a controlling shareholder. These changes reflect strategic pushes into new energy vehicles and emerging markets amid competitive pressures in China's automotive sector.