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Models / Shineray

Shineray · Motorbike · made in China

Shineray Ironmax

Petrol1 versions since 2017
SRI valuation from$955IRONMAX
Units 20263,711Jan–Sep 2026+79.6% vs Jan–Sep 2025
Annual tax from$4.77on the lowest valuation
Total since 20177,287last registered Sep 2026
Current versions1with sales in 6 months

SRI valuation: the value SRI assigns to each version to charge the vehicle tax. It is not the dealer’s price, which may include accessories, discounts or different VAT.

01Versions and valuations

Current versions (with sales in the last 6 months) first. The valuation is the most common one among local purchases; direct imports have their own valuation and are counted apart.

Version (as SRI writes it)A year agoAnnual tax
IRONMAX PetrolModel year 2027 · Sep 2026 $955 $1,123 Sep 2025 3,711 $4.77

02Annual tax

The national vehicle ownership tax on a new vehicle, by month of purchase. How it is worked out.

Due at registration
$1.59

A reference, not an assessment: the amount due is the one SRI shows at registration. Table from art. 5 of the Ley de Reforma Tributaria; the share by months follows Decree 352 (2010).

03Valuation history

SRI valuation of each current version

month by month · dollars

Each version’s most common value; it moves in steps with each model year or SRI update.

$900$950$1,000$1,050$1,100$1,150Nov 2024Mar 2025Jul 2025Nov 2025Mar 2026Jul 2026$955Nov 2024 · $1,123Dec 2024 · $1,123Jan 2025 · $1,123Feb 2025 · $1,123Mar 2025 · $1,123Apr 2025 · $1,123May 2025 · $1,123Jun 2025 · $1,123Jul 2025 · $1,123Aug 2025 · $1,123Sep 2025 · $1,123Oct 2025 · $1,123Nov 2025 · $1,123Dec 2025 · $1,123Jan 2026 · $955Feb 2026 · $955Mar 2026 · $955Apr 2026 · $955May 2026 · $955Jun 2026 · $955Jul 2026 · $955Aug 2026 · $955Sep 2026 · $955
Show the values
MonthIRONMAX
Sep 2026$955
Aug 2026$955
Jul 2026$955
Jun 2026$955
May 2026$955
Apr 2026$955
Mar 2026$955
Feb 2026$955
Jan 2026$955
Dec 2025$1,123
Nov 2025$1,123
Oct 2025$1,123
Sep 2025$1,123
Aug 2025$1,123
Jul 2025$1,123
Jun 2025$1,123
May 2025$1,123
Apr 2025$1,123
Mar 2025$1,123
Feb 2025$1,123
Jan 2025$1,123
Dec 2024$1,123
Nov 2024$1,123

04Sales

Units by month

36 months to Sep 2026
0200400600Oct 2023: 0 unitsOct 23Nov 2023: 0 unitsDec 2023: 0 unitsJan 2024: 0 unitsFeb 2024: 0 unitsMar 2024: 0 unitsApr 2024: 0 unitsApr 24May 2024: 0 unitsJun 2024: 0 unitsJul 2024: 0 unitsAug 2024: 0 unitsSep 2024: 0 unitsOct 2024: 0 unitsOct 24Nov 2024: 25 unitsDec 2024: 138 unitsJan 2025: 104 unitsFeb 2025: 254 unitsMar 2025: 270 unitsApr 2025: 285 unitsApr 25May 2025: 388 unitsJun 2025: 203 unitsJul 2025: 112 unitsAug 2025: 209 unitsSep 2025: 241 unitsOct 2025: 368 unitsOct 25Nov 2025: 520 unitsDec 2025: 459 unitsJan 2026: 477 unitsFeb 2026: 156 unitsMar 2026: 263 unitsApr 2026: 402 unitsApr 26May 2026: 553 unitsJun 2026: 564 unitsJul 2026: 506 unitsAug 2026: 378 unitsSep 2026: 412 unitsSep 26412
Show the values
MonthUnits
Sep 2026412
Aug 2026378
Jul 2026506
Jun 2026564
May 2026553
Apr 2026402
Mar 2026263
Feb 2026156
Jan 2026477
Dec 2025459
Nov 2025520
Oct 2025368
Sep 2025241
Aug 2025209
Jul 2025112
Jun 2025203
May 2025388
Apr 2025285
Mar 2025270
Feb 2025254
Jan 2025104
Dec 2024138
Nov 202425
Oct 20240
Sep 20240
Aug 20240
Jul 20240
Jun 20240
May 20240
Apr 20240
Mar 20240
Feb 20240
Jan 20240
Dec 20230
Nov 20230
Oct 20230

By year

2026: Jan–Sep 2026
01,0002,0003,0004,0002017: 020172018: 02019: 02020: 020202021: 02022: 02023: 020232024: 1632025: 3,4132026: 3,71120263,711
Show the values
YearUnits
20170
20180
20190
20200
20210
20220
20230
2024163
20253,413
20263,711

05Where and who

Province of registration

2026

Where it was registered, not where the buyer lives.

  1. Guayas1,425 38%
  2. Los Ríos662 18%
  3. El Oro450 12%
  4. Manabí405 11%
  5. Pichincha112 3%
  6. Azuay110 3%
  7. Cañar105 3%
  8. Santo Domingo de los Tsáchilas78 2%

Who buys

2026
  1. Individuals3,646 98%
  2. Companies65 2%

SRI’s file has no names: only whether the buyer is an individual or a company.

06Rivals by valuation

Motorbike models whose best-selling version is valued within 15% of $955 (IRONMAX), best sellers over 12 months first.

Compare with the XY150-15 →