TONGDA GRP HLDGS
Tongda Group Holdings Limited, an investment holding company, provides high-precision structural components for smart mobile communications and consumer electronic products in the People's Republic of China, Hong Kong, Macau, the Asia Pacific, the United States, Europe, and internationally. It operates through two segments, Consumer Electronics Structural Components; and Household and Sports Good… Read more
TONGDA GRP HLDGS (TJC) - Net Assets
Latest net assets as of December 2024: €2.90 Billion EUR
Based on the latest financial reports, TONGDA GRP HLDGS (TJC) has net assets worth €2.90 Billion EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.15 Billion) and total liabilities (€4.25 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 | €2.90 Billion |
| % of Total Assets | 40.6% |
| Annual Growth Rate | -5.75% |
| 5-Year Change | -56.42% |
| 10-Year Change | N/A |
| Growth Volatility | 24.72 |
TONGDA GRP HLDGS - Net Assets Trend (2016–2024)
This chart illustrates how TONGDA GRP HLDGS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TONGDA GRP HLDGS (2016–2024)
The table below shows the annual net assets of TONGDA GRP HLDGS from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.90 Billion | -58.52% |
| 2023-12-31 | €7.00 Billion | -8.22% |
| 2022-12-31 | €7.63 Billion | -7.18% |
| 2021-12-31 | €8.22 Billion | +23.33% |
| 2020-12-31 | €6.67 Billion | +11.43% |
| 2019-12-31 | €5.98 Billion | +0.76% |
| 2018-12-31 | €5.94 Billion | +0.88% |
| 2017-12-31 | €5.89 Billion | +26.12% |
| 2016-12-31 | €4.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TONGDA GRP HLDGS'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 53141800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €531.42 Million | 20.40% |
| Other Components | €2.07 Billion | 79.60% |
| Total Equity | €2.61 Billion | 100.00% |
TONGDA GRP HLDGS Competitors by Market Cap
The table below lists competitors of TONGDA GRP HLDGS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vivakor Inc
NASDAQ:VIVK
|
$2.00 Million |
|
Tarachi Gold Corp
OTCQB:TRGGF
|
$2.00 Million |
|
Lowland Investment Co
LSE:LWI
|
$2.00 Million |
|
Thai Energy Storage Technology Public Company Limited
BK:3K-BAT
|
$2.00 Million |
|
Abpro Holdings, Inc.
NYSE:ABP
|
$2.00 Million |
|
AVI Japan Opportunity Trust PLC
LSE:AJOT
|
$2.00 Million |
|
SPACEANDPEOPLE LS-1
F:RWK0
|
$2.00 Million |
|
TREVI - Finanziaria Industriale S.p.A.
LSE:0G91
|
$1.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TONGDA GRP HLDGS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,682,824,000 to 2,605,518,000, a change of -4,077,306,000 (-61.0%).
- Net loss of 3,942,177,000 reduced equity.
- New share issuances of 29,526,000 increased equity.
- Other factors decreased equity by 164,655,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.94 Billion | -151.3% |
| Share Issuances | €29.53 Million | +1.13% |
| Other Changes | €-164.66 Million | -6.32% |
| Total Change | €- | -61.01% |
Book Value vs Market Value Analysis
This analysis compares TONGDA GRP HLDGS'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: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.96 | €0.01 | x |
| 2018-12-31 | €0.92 | €0.01 | x |
| 2019-12-31 | €0.92 | €0.01 | x |
| 2020-12-31 | €0.92 | €0.01 | x |
| 2021-12-31 | €0.84 | €0.01 | x |
| 2022-12-31 | €0.78 | €0.01 | x |
| 2023-12-31 | €0.69 | €0.01 | x |
| 2024-12-31 | €0.27 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TONGDA GRP HLDGS 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): -151.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -70.53%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.75x
- Recent ROE (-151.30%) is below the historical average (-11.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.51% | 12.83% | 0.74x | 2.27x | €537.21 Million |
| 2017 | 17.24% | 11.75% | 0.63x | 2.34x | €422.68 Million |
| 2018 | 9.10% | 6.10% | 0.65x | 2.29x | €-53.46 Million |
| 2019 | 6.75% | 4.37% | 0.68x | 2.28x | €-193.10 Million |
| 2020 | 5.31% | 3.60% | 0.68x | 2.16x | €-310.41 Million |
| 2021 | 2.80% | 2.42% | 0.56x | 2.05x | €-587.82 Million |
| 2022 | 1.82% | 1.72% | 0.56x | 1.88x | €-618.99 Million |
| 2023 | -18.40% | -18.85% | 0.49x | 1.99x | €-1.90 Billion |
| 2024 | -151.30% | -70.53% | 0.78x | 2.75x | €-4.20 Billion |
Industry Comparison
This section compares TONGDA GRP HLDGS's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $56,781,464,600
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TONGDA GRP HLDGS (TJC) | €2.90 Billion | 21.51% | 1.46x | $2.00 Million |
| B7X (B7X) | $-3.47 Million | 0.00% | 0.00x | $26.00 Million |
| CICOR TECHNOL.NAM. SF 10 (CRLN) | $148.89 Million | 2.57% | 1.46x | $346.09 Million |
| DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen (DAM) | $26.47 Million | 0.00% | 1.56x | $30.99 Million |
| SEIKOH GIKEN Co. Ltd (GIK) | $21.57 Billion | 3.71% | 0.16x | $59.74 Million |
| Valuetronics Holdings Limited (GJ7) | $1.46 Billion | 11.70% | 0.50x | $161.05 Million |
| Allied Motion Technologies Inc (HWY) | $215.47 Million | 8.07% | 1.73x | $752.88 Million |
| VIGO Photonics S.A. (J8Z) | $176.20 Million | -3.00% | 0.48x | $73.10 Million |
| Jabil Inc (JBL) | $2.14 Billion | 32.57% | 6.79x | $23.44 Billion |
| Jenoptik AG (JEN) | $655.44 Million | 10.32% | 0.65x | $1.32 Billion |
| MinebeaMitsumi Inc (MEA) | $541.43 Billion | 12.73% | 1.04x | $5.41 Billion |